gps roundup
70 000 Jobs at Risk as South Africa Faces Looming Gas Crisis South Africa is heading toward an energy shock that could destabilise key sectors and cost 70 000 jobs. The threat stems from declining gas supplies from Mozambique, which could run dry by 2026. Without a replacement strategy, major industrial operations reliant on natural gas may be forced to scale down or shut operations. The knock-on effect would be severe, with 5% of GDP and a significant portion of energy- intensive manufacturing at stake. This unfolding crisis is a stark reminder of the country’s need to future-proof its energy mix and the stainless steel sector must prepare for both disruption and opportunity in the energy transition.contributing to South Africa’s prominence in supplying this critical resource.… Read more
Exxaro’s R11.67bn Manganese Acquisition Marks Major Diversification Move Exxaro Resources, South Africa’s largest coal producer, has announced a landmark R11.67 billion acquisition of key manganese assets, including stakes in the Tshipi Borwa and Mokala mines located in the Northern Cape’s Kalahari Manganese Field. This strategic move aligns with Exxaro’s Sustainable Growth and Impact strategy, aiming to diversify its portfolio beyond coal and into critical minerals essential for the green economy. Manganese plays a vital role in steel production and is increasingly important in battery technologies. By leveraging its expertise in open-pit mining and beneficiation, Exxaro positions itself to become a significant player in the global manganese market, contributing to South Africa’s prominence in supplying this critical resource.... Read more
Is Infrastructure the Lifeline of South Africa’s Government of National Unity? As South Africa enters a new phase of political cooperation under a Government of National Unity (GNU), infrastructure has taken centre stage. In his State of the Nation address, President Cyril Ramaphosa did not mince words, stating that basic services in many towns and cities are failing. Roads remain unrepaired, power and water cuts are common, waste removal is inconsistent, and raw sewage flows through residential streets. These realities underscore the urgent need for infrastructure renewal if the GNU is to succeed in its mandate. For the stainless steel industry, this signals a period of potential demand as essential projects in transport, energy and sanitation come into focus... Read more
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Issue 2 – 2025
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