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Delayed coal decommissioning won’t ‘collapse our climate commitments’ 

By: Terence Creamer     Updated 7 hours ago The Presidential Climate Commission (PCC) is currently assessing the impact of South Africa’s decision to delay the decommissioning of the Hendrina, Grootvlei and Camden coal-fired power stations on the country’s Nationally Determined Contribution (NDC), which outlines the country’s... 

PCC executive director Dr Crispian Olver
Photo by Adam Houghton
PCC executive director Dr Crispian Olver

Barloworld profit dips as slowdown in local mining industry takes its toll

By: Irma Venter     27th May 2024 Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March 31, Sewela said on Monday that Barloworld’s domestic operations had had to contend with a... 

Image of Caterpillar machine

Nersa extends deadline for comment on Eskom’s move to reserve grid for public IPPs 

By: Terence Creamer     26th May 2024 The National Energy Regulator of South Africa (Nersa) has extended to June 17 the deadline for comment on Eskom’s application to preserve and reserve grid capacity for independent power producers (IPPs) participating in public procurement processes implemented in line with Section 34 of the... 

Grid infrastrucutre

CEF's Sapref refinery purchase raises clean-up concern

By: Bloomberg     Updated 7 hours ago South Africa’s purchase of the nation’s largest refinery from Shell and BP for a symbolic R1 will transfer the environmental liability of the site to the government, according to a local advocacy group. The state-owned Central Energy Fund, which manages South African energy assets, agreed to buy... 

Tiger Brands’ interim results impacted by trading conditions, leadership transition

By: Tasneem Bulbulia     27th May 2024 JSE-listed Tiger Brands says it results for the six months ended March 31 reflect a tough trading environment, with negative volume growth across retail and wholesale channels, as well as the impact of its shift in focus to restructuring and implementing a new operating model. Since Tjaart... 

South African food inflation continued a downward trend in April

By: Rebecca Campbell     27th May 2024 In April, for the second month in a row, year-on-year (y-o-y) South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to as food inflation, for short) ran at a rate below that for consumer price index (CPI) headline inflation, the Bureau for Food and Agricultural... 

Telkom shareholders green light masts, towers deal

By: Natasha Odendaal     27th May 2024 JSE-listed Telkom’s shareholders have approved the proposed R6.75-billion sale of its masts and towers infrastructure subsidiary Swiftnet to a consortium. The consortium comprises infrastructure fund Actis Ohio Fund managed by Actis and an infrastructure vehicle 100% owned by Royal Bafokeng... 

Wheeling progressing in South Africa, the rest of Africa

By: Schalk Burger     27th May 2024 The use of national electricity grids to wheel power from renewable-energy projects to demand centres is growing in Africa and helping to drive greater scale in the building of renewable-energy generation, says private equity investment group African Infrastructure Investment Managers (AIIM)... 

Transmission infrastructure

Nordex Energy South Africa progresses impactful internship programme

By: Marleny Arnoldi     27th May 2024 Original-equipment manufacturer Nordex Energy South Africa (Nesa) is progressing well with an internship programme for promising young engineers and technicians across three provinces. The programme, which was launched in November last year, aims to build a skilled pipeline of technicians in the... 

Intern at work for Nordex Energy South Africa
Intern at work for Nordex Energy South Africa

Multimodal Inland Port Association launched

By: Tasneem Bulbulia     27th May 2024 The Multimodal Inland Port Association (MIPA), which seeks to address a critical need in South Africa’s logistics landscape, was launched in South Africa last week. The association aims to act as the unified voice for inland ports across the nation, focusing on promoting, supporting, and... 

Labour department, IDC launch round two of the Innovation Fund

By: Tasneem Bulbulia     27th May 2024 The Department of Employment and Labour, in partnership with the Industrial Development Corporation (IDC), has announced the launch of the second round of the National Pathway Management Network’s (NPMN’s) Innovation Fund, an initiative of the Presidential Youth Employment Intervention (PYEI).... 

Mavuso reflects on government progress, says private-sector partnership key

By: Sabrina Jardim     27th May 2024 Ahead of the national elections on May 29, Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso says that, despite the challenges facing South Africa, voting is a foundation for democratic governance that “binds us together.” In her latest weekly newsletter, she calls on South Africans to... 

BLSA CEO Busisiwe Mavuso
BLSA CEO Busisiwe Mavuso

ALPLA, Re-Purpose partner to strengthen plastics cycle in South Africa

By: Tasneem Bulbulia     27th May 2024 Plastic packaging manufacturer and recycler the ALPLA Group and waste repurposing company Re-Purpose have announced a strategic partnership that is expected to advance sustainable packaging solutions and strengthen the feedstock value chain of ALPLA’s first polyethylene terephthalate (PET)... 

An image showing Re-Purpose's reverse collection model
Photo by ALPLA/Re-Purpose
Re-Purpose uses a reverse collection model

Just Share unhappy that its question was not addressed at AMSA’s AGM

By: Darren Parker     27th May 2024 Nonprofit activist organisation Just Share has accused ArcelorMittal South Africa (AMSA) of sub-par AGM governance because the chairperson closed the company’s AGM on May 24 before addressing a question posed by the nonprofit. “This is surprising given the high levels of civil society engagement... 

AMSA CEO Kobus Verster
Photo by Creamer Media's Donna Slater
AMSA CEO Kobus Verster

African Harbour Masters’ Committee elects Transnet harbour master as president

By: Darren Parker     27th May 2024 The African Harbour Masters’ Committee (AHMC) has elected South African State-owned Transnet National Ports Authority (TNPA) Port of Ngqura harbour master Captain Thulani Dubeko as its new president. He has served as the committee’s VP since October 2022. 

Transnet National Ports Authority Port of Ngqura harbour master Captain Thulani Dubeko
Transnet National Ports Authority Port of Ngqura harbour master Captain Thulani Dubeko

Internal digital content serves as repository of truth for AI in companies – Hyland

By: Schalk Burger     27th May 2024 The current focus for businesses is to automate the ingestion and use of content, and to use the advent of AI to analyse it and create business value, Hyland Europe, Middle East and Africa associate VP for sales Jean van Vuuren has said. To ensure AI and generative AI (genAI) solutions generated... 

Hyland Europe, Middle East and Africa associate VP for sales Jean van Vuuren
Hyland Europe, Middle East and Africa associate VP for sales Jean van Vuuren

Standard Bank undertakes largest student housing financing endeavour in Africa

By: Marleny Arnoldi     27th May 2024 Financial services provider Standard Bank has partnered with global advisory firm MiDA Advisors and real estate developer Acorn Holdings to mobilise long-term blended finance commitments for green and affordable student housing in Kenya. The transaction will comprise up to $180-million in... 

Kenyan flag

Ruthenium highlighted again in what could be another big boost for platinum group metals 

By: Martin Creamer     27th May 2024 Ruthenium, one of the six platinum-group metals (PGMs), is once again being given major research attention in view of it being exceptionally suited to uplifting the efficiency and sustainability of green hydrogen production from green ammonia. Late last year, it was a ruthenium-based catalyst... 

Valuable use of ruthenium being researched.
Photo by Inforgraphic: Heraeus Precious Metals
Valuable use of ruthenium being researched.

bp, Shell agree to sell Sapref land, associated assets to the CEF

By: Tasneem Bulbulia     27th May 2024 Following successful negotiations, bp Southern Africa and Shell Downstream South Africa (SDSA) have reached an agreement for the sale of their respective 50% ownership of assets located at the Sapref refinery precinct, in KwaZulu-Natal, to South African State-owned entity the Central Energy Fund... 

An image of the Sapref refinery
Sapref refinery

Uncertainty over coal jobs ahead of South Africa elections

By: Reuters     27th May 2024 Growing up surrounded by the towering smokestacks of coal-fired power stations, 22-year-old Siya Mokoena's life is inextricably linked to the coal industry that dominates his hometown of Emalahleni in South Africa's eastern province of Mpumalanga. Like many in Emalahleni, generations of Mokoena's... 

A truck delivering coal to a power station

Neasa asks Patel, Itac to stop imposing upstream steel import duties

By: Marleny Arnoldi     24th May 2024 The National Employers' Association of South Africa (Neasa) says government’s duties on imported steel only serve to support ailing primary steel producer ArcelorMittal South Africa (AMSA). Neasa said the duties would not only fail to save AMSA in the long run, but were also gradually eroding the... 

steel in warehouse

AU signs new agreement on Earth observation cooperation with a European organisation

By: Rebecca Campbell     24th May 2024 The African Union Commission (AUC) and the European Organisation for the Exploitation of Meteorological Satellites (much better known by its acronym, EUMETSAT) have signed an agreement to reinforce their cooperation in the sphere of Earth observation (EO). This follows the start of the deployment... 

Outa to challenge Karpowership generation licences in court

By: Sabrina Jardim     24th May 2024 The Organisation Undoing Tax Abuse (Outa) is gearing up for a court application to compel the National Energy Regulator of South Africa (Nersa) to provide it with the full, unredacted record of Nersa’s decision to approve generation licences to Karpowership. This application is set down to be... 

Massive water power possibilities in underground mining, says COMRO book editor  

By: Martin Creamer     24th May 2024 When hydropower was being developed for South Africa’s gold-mining industry, the industry was going through a tough time and the research organisation of the day, the Chamber of Mines Research Organisation or COMRO, ceased to function in the form that it had for 30-odd years. Had COMRO continued... 

COMRO’S Legacy editor Brian Protheroe interviewed by Mining Weekly's Martin Creamer. Video: Nicholas Boyd.

Brikor anticipates more than 100% improvement in full-year earnings

By: Marleny Arnoldi     24th May 2024 AltX-listed construction materials provider Brikor expects to post earnings a share of between 0.9c and 1.1c for the financial year ended February 29, compared with a loss a share of 0.7c in the 2023 financial year. This equates to a more than 100% year-on-year increase in earnings a share.  

Brikor bricks

IATA African aviation conference to be held in South Africa in July

By: Rebecca Campbell     24th May 2024 The International Air Transport Association (IATA), the global representative body for the airline industry, has announced that its second Wings of Change Focus Africa Conference (WOCFA) will take place in Johannesburg, South Africa, on July 2 and July 3 this year. The host airline for the... 

Shipping losses hit all-time low, shadow fleet growing, says new report

By: Irma Venter     24th May 2024 The 2024 Allianz Safety and Shipping Review notes that 26 large ships were lost worldwide last year – down by a third year-on-year, and the industry’s lowest ever total. Around 90% of international trade is transported across the globe’s oceans. 

Image of a port

DBSA is working on transmission auction office

By: Bloomberg     24th May 2024 The Development Bank of Southern Africa (DBSA) is negotiating with government ministries to establish an office that will manage auctions of transmission projects, a senior official at the state-owned institution said. The bank wants to build on its creation of the Independent Power Producer... 

Transmission lines

Cape Town’s water and sanitation staff victims of 22 hijackings, 52 robberies

By: Irma Venter     24th May 2024 The City of Cape Town (CoCT) says its Water and Sanitation staff have been the victims of 22 hijackings and 52 robberies since July 1, last year. Of the hijackings, seven were in Khayelitsha, six in Philippi and three in Mfuleni. 

Staff often have to work on outages at night
Staff often have to work on outages at night

Adnoc, Aramco said to mull bids for Shell South Africa assets

By: Bloomberg     24th May 2024 Abu Dhabi National Oil and Saudi Arabia’s state oil producer Aramco are among companies weighing bids for Shell’s downstream assets in South Africa, according to people familiar with the matter. South Africa’s Sasol is separately considering an offer for the business, which could be valued at... 

The Shell logo on a sign

Tourism Transformation Fund has approved R272m of financing assistance

By: Marleny Arnoldi     24th May 2024 The Tourism Transformation Fund (TTF) has approved transactions to the value of R272-million since its inception in 2017. The TTF was launched as a collaborative effort between the Department of Tourism and the National Empowerment Fund (NEF) to foster economic transformation and empowerment in... 

Tourism Deputy Minister Fish Mahlalela
Tourism Deputy Minister Fish Mahlalela

Desert to Power Initiative to transform Africa’s most vulnerable region into an energy hub

By: Darren Parker     24th May 2024 The African Development Bank (AfDB) has emphasised its role in delivering the Desert to Power Initiative, which aims to energise one of the least developed and most marginal parts of the continent. The Sahel region, which is one of the most vulnerable regions in the world, will become a solar... 

AfDB president Dr Akinwumi Adesina
Photo by Reuters
AfDB president Dr Akinwumi Adesina

Crime, corruption keep South Africa’s S&P rating in check

By: Bloomberg     24th May 2024 S&P Global Ratings said it is closely monitoring the outcome of South Africa’s elections next week and subsequent government policies to address issues from crime to energy supply that have deterred investment. “We have seen investors being a little bit more cautious this year because of the... 

Nersa confirms registration of 105 more generators as overall number rises to 1 415 

By: Terence Creamer     24th May 2024 The National Energy Regulator of South Africa (Nersa) reports that it registered a further 105 generation facilities during the period from January to March 2024, raising to 1 415 the number of facilities registered since the system was introduced in 2018. In a statement, Nersa said the newly... 

Solar PV facilities made up 99 of the registrations, with total capacity of 499 MW and an investment cost of R9.9-billion
Photo by Creamer Media
Solar PV facilities made up 99 of the registrations, with total capacity of 499 MW and an investment cost of R9.9-billion

Patel to leave Cabinet after elections

By: Tasneem Bulbulia     24th May 2024 Trade, Industry and Competition Minister Ebrahim Patel has announced that he will conclude his service in Cabinet after next week's election. “I wish to thank the President [Cyril Ramaphosa] and the African National Congress for the trust and confidence shown during my period in office and the... 

Trade, Industry and Competition Minister Ebrahim Patel
Photo by Bloomberg
Trade, Industry and Competition Minister Ebrahim Patel

Eskom seeks to reserve grid capacity for publicly procured IPP projects  

By: Creamer Media Reporter      24th May 2024 Engineering News editor Terence Creamer discusses Eskom's application to the National Energy Regulator of South Africa, seeking permission to preserve and reserve grid capacity for publicly procured IPP projects, as well as the implications should permission be granted. 

Eskom seeks to reserve grid capacity for publicly procured IPP projects

Magazine round up | 24 May 2024 

24th May 2024 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Magazine round up | 24 May 2024

Vaal Water Lettuce invasion signifies need to weed out water pollution

By: Natasha Odendaal     24th May 2024 The Vaal Barrage is now home to an invasive plant species that has had significant negative economic and environmental consequences for the region, and its rapid spread will not slow down without intervention. This has left the Department of Water and Sanitation (DWS), Rand Water and local... 

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