F1 lovers in South Africa are in a frenzy of excitement after news reports cited a visit by F1 Chiefs toSouth Africa as valid confirmation that the Kyalami Circuit will be revived with a major on thecalendar.A few weeks ago Sky News reported that Formula 1 were working towards a deal for South Africa tore-join…
RMB successfully arranged a R1.143bn gender-linked bond issuance across 3-year and 5-yeartranches for industrial group Barloworld, acting as Arranger and Sustainability Coordinator.“The gender-linked bonds have been issued in alignment with our gender transformation strategyand something that we as Barloworld are committed to and have been monitoring for years. We areproud to have pioneered this landmark…
Rio Tinto and Ford Motor Company have signed a non-binding global memorandum ofunderstanding (MOU) to jointly develop more sustainable and secure supply chains for battery andlow-carbon materials to be used in Ford vehicles.The multi-materials partnership will support the transition toward a net-zero future by supplyingFord, one of the world’s largest automakers, with materials including lithium,…
Namibia’s Chamber of Mines has announced Mr. George Botshiwe, who is current MD of QKRNavachab Gold Mine as Second Vice President during the Special General Meeting held on 30 August2022.Botshiwe is a Mining Engineer by training and joined Navachab Gold Mine as a mining engineer in 2004. He was appointed as the youngest MD of…
Namibia hosts Africa’s first International Forum for Sustainable Development in the MineralsIndustry (SDIMI) Conference 2022Namibia hosts the 2022 International Forum for Sustainable Development in the Minerals Industry inWindhoek, Namibia, between 15 and 17 September, 2022. The objective of SDIMI 2022 is to assistthe global mining and minerals industries in their transition to sustainable development. Theconference…
According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), overthe last year, 387,125 vehicles worth R148 billion, along with R53.7 billion worth of automotivecomponents, were exported from South Africa to 151 countries.The international trend toward electric vehicles (EVs) is growing with NAAMSA expecting that 40%of all European vehicle sales will be EVs…
President Cyril Ramaphosa will on Monday, 12 September 2022, visit the Jagersfontein-Charlesvillearea in the Free State where a mudslide has claimed lives and destroyed homes.Flooding caused by the collapse of a mine dam wall in South Africa’s Free State province has sweptaway houses and cars, killing one and injuring 40 others.On Sunday, a river of…
Accenture has acquired Carbon Intelligence, a leading carbon and climate change strategyconsultancy, adding more than 160 professionals to its rapidly growing group of data scientists,consultants and sustainability experts. Carbon Intelligence is focused on helping global businessesunderstand their overall carbon footprints, and ways to reduce them, using Science BasedTargets Initiative (SBTi) strategies that lead to transformational rethinking of clients’ business…
With just a few months before the red carpets are rolled out for global leaders at this year’s long-awaited COP27 in Sharm El Sheikh, Egypt, large corporations and development finance institutionsare beating their path to commit large investments towards facilitating achievement of JustTransition targets amongst their investee countries.Speaking at the 2022 Africa Climate Week in…
Chemical and materials company BASF announced today that it has entered into new virtual power purchase agreements (VPPAs), sourcing 250 MW of wind and solar power to help offset to help power more than 20 of its U.S. manufacturing sites. With the new agreements, more than 25% of BASF’s total North American electricity consumption will…
