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AMSA CEO Kobus Verster

Steel cuts threaten South Africa’s $257bn building drive 

By: Bloomberg     21st January 2025 Billionaire-backed ArcelorMittal South Africa’s (AMSA's) plans to shut down a century-old steel mill in South Africa are holding President Cyril... 

South African police launch manhunt for gang leader of illegal mine

South African police launch manhunt for gang leader of illegal mine 

By: Reuters     20th January 2025 South African police have launched a manhunt for a Lesotho gang member believed to have controlled operations at an illegal gold mine where 78... 

ArcelorMittal: We will keep losing jobs unless we re-think our industrial policies

ArcelorMittal: We will keep losing jobs unless we re-think our industrial policies

20th January 2025 The devastating announcement from ArcelorMittal South Africa (AMSA) of 3 500 immediate job losses, with up to 100 000 more forecast across related... 

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SACP threatens ‘militant action’ against AMSA closure

SACP threatens ‘militant action’ against AMSA closure  

By: Thabi Shomolekae     17th January 2025 The South African Communist Party (SACP) stated on Friday that aside from urgently stopping the closure of ArcelorMittal South Africa’s (AMSA’s)... 

Eskom is moving to introduce solar PV at its coal stations sites, including at the decommissioned Komati site (pictured)

Eskom appoints renewables executive as it targets initial 2 GW by 2026

By: Terence Creamer     17th January 2025 Eskom has appointed Exxaro’s Rivoningo Mnisi as its new group executive for renewables in line with the coal-dominant utility’s stated goal of... 

Photo of Terence Creamer

Unsurprising yet painful 

By: Terence Creamer     17th January 2025 News that the struggling Newcastle Works will close at the end of this month is yet another painful reminder of South Africa’s ongoing... 

African development finance institution successfully issues its first perpetual hybrid bond

By: Rebecca Campbell     16th January 2025 African development finance institution, the Africa Finance Corporation (AFC), has announced that it has successfully priced its first ever... 

South Africa can play a significant role in global technology, sustainability

By: Natasha Odendaal     16th January 2025 The 2025 World Economic Forum, set to be held in Davos from January 20 to 24, provides an unparalleled platform for South Africa to assert itself... 

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