Latest South Africa News

Advanced Braking Technology Ltd (ASX: ABV) reported a robust 24% increase in product sales revenue for Q2 FY25, driven by international expansion and the launch of its innovative BrakeiQ system. The company’s underlying profit also grew by 25%, underscoring operational efficiencies and a strong global pipeline.

First Graphene Limited strengthens its financial footing with a UK R&D tax rebate and expands its global footprint through new distribution agreements in India and Brazil.

D3 Energy has successfully completed production testing at its Nooitgedacht Major borehole in South Africa's ER315 permit, revealing robust gas flow rates and high helium concentrations that underscore the project's economic promise.

Close the Loop Limited has concluded its exclusivity period with Adamantem Capital without signing binding transaction documents, leaving the potential acquisition uncertain. Shareholders are advised to await further updates as discussions remain open but no deal is confirmed.

D3 Energy’s recent production test at Nooitgedacht Major reveals promising helium and natural gas flow rates, confirming a new northern production area within the ER315 permit.

Invictus Energy has successfully renewed its SG 4571 licence in Zimbabwe’s Cabora Bassa Basin for an additional three years, enabling continued exploration and development at the Mukuyu gas discovery.