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RSS Engineering news

  • Reserve Bank publishes exchange control circulars for public comment March 6, 2026
    The South African Reserve Bank (SARB) has published, for public comment, various exchange control draft circulars which address new limits for cross-border payments and investments by people in South Africa. The circulars also outline the streamlining of certain administrative processes.
  • Grindrod eyes Matola, Richards Bay growth opportunities as it completes strategic reset March 6, 2026
    Grindrod has completed its strategic reset and the logistics group is now moving into “disciplined growth execution”, says new CEO Kwazi Mabaso. Delivering the financial results for the year ended December 31 on Friday, Mabaso said the company was focusing on rolling out strategic infrastructure initiatives in the short to medium term.
  • Samancor Chrome may retrench the majority of its 2 403 smelter, corporate employees March 6, 2026
    Ferrochrome producer Samancor Chrome has issued a retrenchment notice in terms of Section 189 of the Labour Relations Act (LRA). It envisages that about 2 400 employees may be retrenched at its smelting operations, including Dikwena Chrome, Ferrometals, Middelburg Ferrochrome, TC Smelter, Tubatse Alloy and Tubatse Ferrochrome, as well as at its corporate offices.
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