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Today’s well-supplied market for critical minerals ‘may not be a good guide for future’

By: Terence Creamer 17th May 2024 A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean energy deployment and affordability, it is a bane for critical mineral investment and... →

Investment in certain minerals, notably copper and lithium, is falling short of what was required for transition to net-zero energy system

Yet more Chinese imports on their way, this time electric, and available to rent

By: Irma Venter 17th May 2024 Local importer of Dongfeng Sokon Automobile (DFSK) battery electric vehicles (BEV), Enviro Automotive, says it will make a number of additions to its vehicle line-up. The company introduced the DFSK brand to South Africa in July 2022, with the introduction of the EC35 panel van and EC31 one-ton... →

The DFSK EC35 four-seater panel van

Steady increase in demand for MyCiTi bus service

By: Irma Venter 17th May 2024 The latest audited statistics on MyCiTi ridership in and around Cape Town show that there is an increasing demand for the bus service. “It took some time for the service to settle in again after the Covid-19 pandemic, and for operations to return to normal,” says City of Cape Town Urban Mobility... →

Get Steel invites comment on proposed foundry project in Benoni

By: Marleny Arnoldi 17th May 2024 Local steel processing company Get Steel has invited interested and affected parties to submit comments on a draft scoping report into the refurbishment of the Naledi Foundry, in Benoni, Gauteng. The company also intends to install additional infrastructure and equipment to establish a new... →

TPT starts financial year off with increases in bulk, container volumes

By: Marleny Arnoldi 17th May 2024 State-owned ports manager Transnet Port Terminals (TPT) has recorded a 10% year-on-year increase in container volumes moved across all 19 of its terminals in the first six weeks of the 2024/25 financial year. Bulk volumes and break-bulk volumes were also up by 5% and 17%, respectively, compared... →

Opinion: Government must come to the party on new-energy vehicles

17th May 2024 The automotive sector requires policy certainty and investment incentives to meet the challenges of the future and sustain its vital role in the economy, writes Nedbank Commercial Banking manufacturing national manager Amith Singh. →

Amith Singh

Opinion: World Telecoms Day – MTN celebrates 30 years and looks towards 2054

By: Creamer Media Reporter 17th May 2024 In this article, MTN South Africa CEO Charles Molapisi writes about the telecommunication group's impact over the past 30 years, as well as its future plans. →

MTN South Africa CEO Charles Molapisi

Altron expects double-digit earnings increases from continuing operations

By: Natasha Odendaal 17th May 2024 JSE-listed Altron expects to deliver higher earnings from continuing operations for the year ended February 28, 2024. In a revised trading statement on Friday, Altron said that its headline earnings per share (HEPS) for continuing operations are expected to be 35% to 38% higher, at between 115c... →

Tshwane’s first separation-at-source project in a public space signals success

By: Sabrina Jardim 17th May 2024 A separation-at-source recycling campaign, called S@S, at Tshwane’s public Fountains Valley Resort – a collaboration between the City of Tshwane and producer responsibility organisation Petco – is being described by officials as a success, with plans to extend it to other resorts and public areas... →

United Airlines is committed to net-zero carbon emissions flying by 2050

By: Rebecca Campbell 17th May 2024 US-based global major carrier United Airlines is committed to achieving net-zero carbon emissions by 2050, its Director Sales: Continental Europe, India, Israel, Africa & Middle East Thorsten Lettnin, assures Engineering News, in an exclusive interview. (Net-zero emissions is not the same thing... →

Photo by Harald Kahn
United Airlines Continental Europe, India, Israel, Africa & Middle East sales director Thorsten Lettnin

BevCo acquisition expected to drive competition in the local market

By: Sabrina Jardim 17th May 2024 New Delhi-based multinational Varun Beverages says its acquisition of South African entity BevCo and its subsidiaries, valued at close to R3-billion, is set to expand its African footprint and bring global expertise to a market characterised by growing consumer sophistication and demand for... →

Tenth Africa Prize for Engineering Innovation finalists revealed

By: Sabrina Jardim 17th May 2024 Four innovators from Kenya, Côte d'Ivoire and Uganda – whose innovations address recycling in construction, AI tools for healthcare and farming, and reengineered waste collection – have been selected from a shortlist of 16 to compete for this year’s £50 000 Africa Prize for Engineering... →

Development finance agency highlights Africa’s infrastructure needs and opportunities

By: Rebecca Campbell 17th May 2024 The Africa Finance Corporation (AFC), which exists to catalyse private-sector investment in African infrastructure, on Friday released its latest report, State of Africa’s Infrastructure Report 2024: The infrastructure imperative: Igniting Africa’s Industrial Renaissance. This found that the... →

NCOP votes to pass Electricity Regulation Amendment Bill

By: Creamer Media Reporter 17th May 2024 Engineering News editor Terence Creamer discusses the significance of the National Council of Provinces' (NCOP's) vote to pass the Electricity Regulation Amendment Bill; if the Bill is likely to face any opposition; and what further actions can be expected once the Bill becomes law. →

NCOP votes to pass Electricity Regulation Amendment Bill (Camera: Shadwyn Dickinson; Editing: Nicholas Boyd)

Minerals Council, Geoscience, IDC going all out to boost South African exploration

By: Martin Creamer 17th May 2024 A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a return to growth in the shrinking South African mining industry. Minerals Council South Africa CEO... →

South African public-private sector exploration webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

George building collapse rescue, recovery operations wrapped up

By: Chanel de Bruyn 17th May 2024 Western Cape Minister of Local Government, Environmental Affairs and Development Planning Anton Bredell has confirmed that the rescue and recovery operation at the site of a building collapse, in George, has been concluded. More than 1 000 rescue, support and volunteer workers carried out the... →

The cleared site of a building collapse in George

Magazine round up | 17 May 2024

17th May 2024 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. →

Magazine round up | 17 May 2024

Mining-focused manufacturers see innovation as key to survival and future growth

By: Sabrina Jardim 17th May 2024 Amid the challenges of loadshedding, logistical constraints and volatile commodity prices, South Africa’s mining-focused manufacturers and equipment suppliers view ongoing innovation, including embracing digitalisation and artificial intelligence (AI), as increasingly central to their survival... →

Alley Roads’ Riverstone Mall kickstarts R600m development injection for Meyerton

By: Sabrina Jardim 16th May 2024 Property developer Alley Roads has unveiled Riverstone Mall in Meyerton – its first retail development currently under construction – as part of its pipeline of 175 000 m2 of retail space earmarked for township and peri-urban areas across South Africa. The development of the R370-million mall,... →

Alley Roads CEO Barry Chapman

Eskom says key revision number rollover project on track

By: Sabrina Jardim 16th May 2024 State-owned Eskom says its key revision number rollover project is progressing well, with 3.61-million, or 52%, of the 6.9-million prepayment meters already recoded as of May 15. The main Eskom meter recoding project in all the nine provinces started in August 2023 after a successful pilot in... →

Eyes turn to Union Buildings after NCOP approves Electricity Regulation Amendment Bill

By: Terence Creamer 16th May 2024 The National Council of Provinces (NCOP) has approved the Electricity Regulation Amendment (ERA) Bill, which has far-reaching implications for the future structure and operation of an electricity supply industry that has hitherto been dominated by Eskom. The Bill received support from all... →

Photo by Creamer Media
President Cyril Ramaphosa may sign ERA Bill ahead of the elections

Afrimat delivers strong full-year results, continuing growth

By: Tasneem Bulbulia 16th May 2024 During its financial year to February 29, midtier mining and materials company Afrimat invested considerably in projects that are expected to yield fruitful returns and further strengthen diversity and competitive advantage, group CEO Andries van Heerden said. One such project was the Nkomati... →

CEO Andries van Heerden

RMB provides bespoke $100m funding package to Powerfleet

By: Tasneem Bulbulia 16th May 2024 Financial services provider Rand Merchant Bank (RMB) acted as the sole mandated lead arranger and funder of a $100-million funding package for global telematics business Powerfleet. The entity was created from a merger between Powerfleet and Mix Telematics. The combined business aims to become a... →

Concor’s Msikaba bridge progresses to highly technical phases

By: Irma Venter 16th May 2024 Construction at the Msikaba Bridge on the N2 in the Eastern Cape is set to move up a gear this year, with a number of challenging technical activities to be tackled. According to contractor Concor, these include post-tensioning the anchor blocks, installing pylon inserts and building the ladder... →

Opinion: Time to open the floodgates on infrastructure development

16th May 2024 In this article, Stellenbosch University PhD student and Centre for Sustainability Transitions junior researcher Alboricah Rathupetsane writes about the impact of extreme weather events on South Africa's infrastructure and the need for increased investment in infrastructure development, as well... →

Alboricah Rathupetsane

Threats of legal action after Ramaphosa signs NHI into law

By: Thabi Shomolekae 16th May 2024 Civil society organisations and political parties are threatening legal action following Wednesday’s controversial signing of the National Health Insurance Bill. President Cyril Ramaphosa, who publicly signed the Bill into law amid significant criticism, said the NHI was an opportunity to “break... →

PGM-boosted green hydrogen backed by resolute South African govt's commitment

By: Martin Creamer 16th May 2024 The production of green hydrogen, which is most effectively generated when catalysed by platinum group metals (PGMs), has profound economic and social implications, including job creation, skills development, and the fostering of new industries along a multifaceted mining, manufacturing and... →

Higher Education & Training DDG Zukile Mvalo’s green hydrogen presentation covered by Mining Weekly’s Martin Creamer. Video: Creamer Media’s Shadwyn Dickinson. Video Editing: Nicholas Boyd.

ANC walks political tightrope over coal plant shutdowns

By: Reuters 16th May 2024 In a ward where South Africa's governing African National Congress won handily in local elections three years ago, party campaign worker Poppy Vilakazi has been getting a decidedly frosty reception lately. "Mostly they are angry," she told Reuters, speaking in Komati, a village in the shadow of a... →

ANC leader Cyril Ramaphosa

Prescient supports Reatile’s acquisition of stake in 240 MW solar project

By: Creamer Media Reporter 16th May 2024 Prescient Investment Management has approved R324-million in equity finance to support black-owned investment company Reatile acquire a 31.5% stake in a 240 MW Free State solar PV project. The Virginia Solar Park project was selected as part of the sixth bid window of South Africa’s Renewable... →

Rescue workers searching two remaining sections at George building collapse

By: Creamer Media Reporter 16th May 2024 The George municipality says about 2 500 t of building rubble has been removed from the site of the collapsed building in the town, which has so far claimed the lives of 33 people. About 500 t of rubble remains on site, as rescuers near day ten of rescue and recovery efforts →

Rescue and recovery efforts continue at the site of a building collapse in George

UN Global Campaign for Road Safety launched in South Africa

By: Sabrina Jardim 15th May 2024 In support of national and local authorities’ road safety initiatives, the UN Secretary-General's Special Envoy for Road Safety Jean Todt, in partnership with outdoor advertising company JCDecaux, on May 15, launched the UN Global Campaign for Road Safety under the hashtag #MakeASafetyStatement.... →

Transport Minister Sindisiwe Chikunga

Ramaphosa acknowledges fear over NHI but describes signing as ‘pivotal moment’

By: Terence Creamer 15th May 2024 President Cyril Ramaphosa acknowledged the fear that his signing of the National Health Insurance (NHI) Bill into law had generated in and address during a signing ceremony held at the Union Buildings on Wednesday. However, he described the NHI as an opportunity to break with the prevailing... →

President Cyril Ramaphosa signing the controversial NHI Bill into law at a Union Buildings ceremony

Seifsa, unions commit to addressing access to housing for sector employees

By: Schalk Burger 15th May 2024 The Metal and Engineering Industries Bargaining Council (MEIBC) negotiations have concluded with a 7% wage increase over the next year for entry-level workers in the metals and engineering industry and a 6% wage increase over the next year for skilled workers. Entry-level workers will receive a... →

Seifsa president Elias Monage

Persistent corruption concerns reflect letdowns during sixth administration – Corruption Watch

By: Marleny Arnoldi 15th May 2024 Nonprofit monitoring organisation Corruption Watch (CW) has confirmed in its latest report that there are significant concerns about the impact of corruption in the country, particularly a marked lack of confidence in the efficacy and ability of law enforcement agencies to tackle corruption.... →

Tribunal orders Emfuleni municipality to provide documents to Cape Gate in excessive pricing matter

By: Creamer Media Reporter 15th May 2024 The Competition Tribunal has ordered the Emfuleni local municipality to provide various documents to steel producer and electricity consumer Cape Gate, which alleges that the municipality excessively charged it for electricity in 2016/17. In its answering affidavit to the tribunal, the... →

Nedbank launches R10m Indalo Fund

By: Tasneem Bulbulia 15th May 2024 Finance institution Nedbank on May 15 announced the launch of the R10-million Indalo Fund at the Indalo Inclusive Symposium at the Council for Scientific and Industrial Research in Pretoria. The Indalo Fund is designed to change the way entrepreneurs are funded, creating a pipeline of viable... →

Nedbank Corporate Social Responsibility executive head Poovi Pillay

State mining training authority backing green hydrogen skills centre creation

By: Martin Creamer 15th May 2024 “We’re very excited to announce that we’ll be establishing the first centre of specialisation of green hydrogen skills,” South Africa’s Chemical Industries Education and Training Authority (CHIETA) CEO, Yershen Pillay, made public this week. CHIETA is working on this with South Africa’s mining... →

Nedbank CIB Green Hydrogen Roundtable covered by Mining Weekly's Martin Creamer. Video: Creamer Media's Shadwyn Dickinson. Video Editing: Creamer Media's Nicholas Boyd

Stellantis assembly-plant site being readied for construction – dtic

By: Irma Venter 15th May 2024 The Coega Development Corporation (CDC) has started to prepare the site at the Coega Special Economic Zone for the construction of the new Stellantis vehicle-assembly plant, says the Department of Trade, Industry and Competition (dtic). The CDC is supplying the land on which the factory will be... →

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