Category archives for: Mining

SA targets SADC to empower its black industrialists

South African Deputy Minister of Trade and Industry, Nomalungelo Gina

by SAVIOUS KWINIKA  JOHANNESBURG, (CAJ News) – TRADE between South Africa and Tanzania is poised to increase beyond R7 billion (US$453 million) as the former assists its black industrialists to explore markets in the rest of the continent. Tanzania is the latest addition in the list of countries that the South African government is tapping […]

Global issues, local concerns pummel SA economy

South Africa's commodities

by AKANI CHAUKE  JOHANNESBURG, (CAJ News) – ANALYSTS have forecast a further recession of the South African economy because of load shedding, the raging coronavirus (COVID-19) and government plans to trim the public servants’ wage bill. The bleak projections come amid Africa’s most advanced economy entering its second technical recession in the space of just two […]

Mixed feelings to SA Budget Speech 2020

Finance minister, Mr Tito Mboweni

from DION HENRICK in Cape Town CAPE TOWN, (CAJ News) – THE establishment of a state bank, formation of the Sovereign Wealth Fund and the slashing of the state wage bill in South Africa are among the highlights of the Budget Speech delivered by Finance Minister, Tito Mboweni, on Wednesday. For 2020/21, expenditure is projected […]

Extra power costs could paralyse SA mining projects

Energy and Mining Advisors Ted Blom

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – MORE than 30 percent of South African mining projects will be terminated prematurely because of additional power costs in the absence of suitable solutions within the next 12 months. This is the warning by independent power and mining expert and commentator after a cabinet minister recently conceded that […]

Corruption mars unfamiliar Portugal exodus to Angola

Portugal, Angola - a reversal of migration roles between Africa and Europe

from PEDRO AGOSTO in Luanda, Angola Angola Bureau LUANDA, (CAJ News) – THE relocation trends between Angola and Portugal is unprecedented and represent a reversal of migration roles between Africa and Europe. Migration is synonymous with thousands of disillusioned African migrants and refugees leaving in droves, in the process risking precious life on ramshackle vessels […]

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