Latest South Africa News

Clean TeQ Water Limited reported a reduced loss of $2.8 million for FY25 and increased its stake in Go2Lithium Inc to 60%, marking a strategic shift as it advances water treatment and critical metals recovery projects worldwide.

Advanced Braking Technology Ltd reported a robust 25% revenue increase and a 36% rise in net profit for FY25, driven by international expansion and new product launches.

BetMakers Technology Group reported a 10.6% revenue decline to $85.1 million for FY25 but achieved positive adjusted EBITDA and operating cash flow for the first time, signaling a strategic turnaround.

Kinetiko Energy has commenced drilling its second production test well at Brakfontein, applying optimized protocols following promising initial results. This marks a key step toward supplying gas to a pilot LNG plant planned for late 2026.

BHP Group Limited has updated its dividend announcement, confirming a fully franked USD 0.60 per share dividend for the half-year ending June 2025 and providing the South African Rand exchange rate ahead of payment.

DataDot Technology Limited reported a 13% revenue increase and a 56% rise in net profit after tax for FY25, driven by growth in its PropertyVAULT insurance services and new distributor partnerships.

Close the Loop Limited reported a challenging FY25 with significant declines in earnings and cash flow, driven by shifts in its IT asset disposition business. The company has responded with new leadership appointments and a strategic five-pillar plan aimed at restoring growth and operational efficiency in FY26.

Close the Loop Limited reported a 7% decline in revenue to $195.1 million for FY25, alongside a significant net loss increase to $21.9 million, driven by operational challenges and one-off costs. The company is navigating leadership changes and portfolio adjustments while maintaining a focus on sustainability and circular economy growth.

Connected Minerals has kicked off its Phase 2 reverse circulation drilling at the Ondapanda Prospect within Namibia’s Etango North-East Uranium Project, building on promising Phase 1 results that revealed multiple economic-grade uranium intersections.

Kinetiko Energy reports a peak gas flow rate of 370 Mscfd from its optimised drilling at the Brakfontein well 271-KA03PT10, advancing its South African gas project.

Orion Minerals has successfully closed a Share Purchase Plan raising nearly A$2 million, reinforcing its financial footing as it accelerates towards production. The strong backing from South African shareholders highlights growing investor confidence.

EcoGraf Limited has been granted its first Australian patent for its innovative HFfree® purification technology, reinforcing its position in the battery anode materials market. This milestone follows a recent breakthrough that cut purification costs by 25%, boosting the commercial potential of its purification facilities.