Category archives for: Mining

SA economy receives rude introduction to 2020

Eskom South Africa

by TINTSWALO BALOYI Executive Editor JOHANNESBURG, (CAJ News) – SOUTH Africa has gotten off to a worst possible start to the New Year with load shedding returning to haunt the country. The setback that is an indication of the struggles that lie ahead for an economy that is the most advanced in the entire African […]

OPINION: South African Economy Has a Yoke Around its Neck

Luke Zunga is Chartered Secretary and Corporate Governance at C & Z Professionals. He is also the Global Zimbabwe Diaspora Forum (ZDF) chairman.

by LUKE ZUNGA JOHANNESBURG, (CAJ News) – THE Monetary Policy Committee of the Reserve Bank projected South African economy to grow by half percent. There are fundamental policies which constraint growth. I will deal with three. The policy of expropriation of land without compensation can be a yoke round the economic neck or shooting yourself […]

Load shedding mars SA mining sector prospects

Eskom South Africa

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – THE resumption power cuts, elevated operational costs and an uncertain policy environment as well as the unclear global growth outlook and flat commodity prices are placing further strain on potential revival of the South African mining sector. The mining industry is ending the year on a low after […]

Kabila sucked into UK probe against Swiss firm

Glencore International

from JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – A BRITISH probe into alleged bribery incriminating a global mining and commodity trading group is the latest setback for the company already beset by scandals in the continent. The United Kingdom’s (UK’s) Serious Fraud Office’s (SFO’s) investigation of Glencore is also set to lift the […]

Russia digitalises Africa’s mining sector to increase output

Russia-Africa Summit and Economic Forum recently held in Sochi, Russia

by SAVIOUS KWINIKA  JOHANNESBURG, (CAJ News) – RUSSIAN companies have offered African countries solutions based on the internet of things (IoT) and artificial intelligence (AI) to boost mining production. The offers follow the realisation that traditional means are becoming increasingly expensive, with productivity falling due to technical maintenance costs, unreliable equipment, reactive troubleshooting, a lower equipment […]

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