SA to roll out smart meters, crack down on illegal connections to end load reduction
Ramokgopa said the government would now focus on “addressing the multiple manifestations of the electricity deficit” in communities across the country.
Energy & Mining
EU and South Africa sign key minerals agreement ahead of G20 Summit
The agreement will deepen cooperation in the exploration, extraction, refining, and recycling of critical minerals, particularly those needed for Europe’s green energy transition.
Mozambique’s gas ambitions revived as ExxonMobil lifts force majeure
Cabo Delgado’s offshore reserves are among the largest natural gas finds in the world, and successful LNG production could provide billions in government revenue over the coming decades.
African Rainbow Minerals explores major copper venture in Papua New Guinea with US partner Newmont
The venture is seen as part of ARM’s strategy to expand its footprint beyond Southern Africa and tap into the rising global demand for copper, driven by the energy transition, electric vehicles, and renewable power infrastructure.
Jobs at risk as Glencore-Merafe starts retrenchments amid tariff deadlock
Glencore blamed the retrenchments on the government’s inability to provide a competitive electricity tariff.
Diamond giant De Beers slashes prices as Anglo American prepares South Africa exit
Anglo’s retreat from diamonds, coal, and platinum has raised concerns about the long-term future of mining investment in South Africa.
Coal, gold drive South Africa’s 1.2% mining uptick
PGMs remained the largest contributor to overall growth, with production rising 3.8% and adding 1.1 percentage points to the monthly increase.
South African solar company secures R1.8 billion investment for regional growth
The funding package includes significant growth equity to support the expansion of capex-free solar solutions for businesses in Southern Africa.
Botswana seeks majority control of De Beers to bolster economic sovereignty
Botswana currently holds a 15% direct stake in De Beers and supplies about 70% of the company’s annual rough-diamond output through its 50/50 joint venture, Debswana.
Democratic Republic of Congo suspends Chinese-run mining site following spill
CDM is accused of failing to meet environmental standards, resulting in water contamination and exposing nearby communities to serious health risks.