Economy | State Companies

https://staging1.creamermedia.com/

Advertise on this page? Click Here to Learn More

State Companies News

Bombela Operating Company highlights operational, sustainability strides

By: Tasneem Bulbulia 18th November 2024 The Bombela Operating Company (BOC) has highlighted its works in ensuring an effective, efficient and safe Gautrain operation, while also pursuing sustainability at a broader level, as it aims to contribute toward creating an improved, integrated public transport industry in South Africa. BOC,... →

NECER report highlights progress in tackling environmental crime

By: Tasneem Bulbulia 18th November 2024 Forestry, Fisheries and the Environment Deputy Minister Narend Singh has launched the 2023/24 National Environmental Compliance and Enforcement Report (NECER), which highlights improvements in proactive compliance monitoring. The launch occurred at the tenth National Environmental Compliance and... →

While strides are being made in environmental compliance, significant work is needed to address pervasive issues

Level crossing incidents not only cost lives but also the economy, TFR CEO says

By: Darren Parker 14th November 2024 Railway safety incidents, such as pedestrian and vehicle collisions at level crossings, are not only tragic but are severely undermining South Africa’s rail recovery plans, Transnet Freight Rail (TFR) CEO Russell Baatjies said on November 14. “We’ve had 36 level crossing incidents just this year,... →

‘No crisis looming’ as independent technical assessment set to resolve billing dispute between Eskom, City Power

By: Darren Parker 11th November 2024 Electricity and Energy Minister Dr Kgosientsho Ramakgopa has confirmed that an independent technical assessment of the R6.1-billion billing dispute between State-owned utility Eskom and the City of Johannesburg’s (CoJ’s) wholly-owned electricity utility City Power will be carried out over the... →

The lights will remain on in Johannesburg over Christmas

'Clear vision' for logistics reform encouraging – Mavuso

By: Schalk Burger 11th November 2024 “The clarity of vision” provided by Transport Minister Barbara Creecy on what success in terms of logistics reforms looks like and what needs to be done to make progress in dealing with the logistics crisis has boosted business confidence, says business organisation Business Leadership South... →

Nersa publishes Eskom’s proposed Retail Tariff Plan for public consultation

By: Tasneem Bulbulia 8th November 2024 The National Energy Regulator of South Africa (Nersa) has published State-owned utility Eskom’s proposed Retail Tariff Plan for public consultation, detailing changes to its tariff charges and rates. The primary goal is to ensure customers only pay for the costs they incur, Eskom says in a... →

Eskom Distribution group executive Monde Bala

Mpumalanga Green Innovation Challenge crowns top three winners

By: Tasneem Bulbulia 8th November 2024 The Mpumalanga Green Cluster Agency (MGCA), in partnership with the Mpumalanga provincial government and supported by the Just Transition to a Decarbonised Economy for South Africa, Old Mutual, Standard Bank, Seriti Green and Indalo Inclusive, have announced the winners of the 2024 Mpumalanga... →

Gauteng e-Govt dept, Vumacam look to augment tech partnership to tackle crime

By: Tasneem Bulbulia 8th November 2024 Gauteng’s e-Government Department and technology-driven surveillance solutions provider Vumacam have highlighted the success, thus far, of their public-private partnership (PPP) of using technology solutions around the province to tackle crime and other issues, as they look to bolster this... →

An image showing the Vumacam, e-Gov operational centre

Photo by Creamer Media's Tasneem Bulbulia
Data is gleaned from Vumacam’s network of cameras and camera alerts are sent to a Vumacam-managed operational centre to be assessed

Organised business embraces, with caveats, Climate Change Act

By: Tasneem Bulbulia 8th November 2024 With climate change perceived as one of the critical challenges threatening the viability of businesses, infrastructure and natural ecosystems, industry bodies Minerals Council South Africa and Business Unity South Africa (Busa) have welcomed the gazetting of the Climate Change Act (CCA) into... →

Office of the Tax Ombud progressing strategic objectives

By: Tasneem Bulbulia 6th November 2024 The Office of the Tax Ombud (OTO) made progress during the 2023/24 financial year against its strategic objectives, but more still needs to be done to bolster this, the organisation highlighted during the launch of its annual report on November 6. The OTO is an independent and impartial officer... →

Sars implemented 2 178 OTO complaints in the period

TNPA issues RfI for tugboat clean fuels pilot project

By: Darren Parker 6th November 2024 State-owned Transnet National Ports Authority (TNPA) has published a request for information (RfI) for a strategic pilot project to use green and cleaner fuels for its selected diesel-operated tugboat fleet. The project would be in line with parent company Transnet’s commitment to bolster South... →

Gautrain Management Agency scoops MIKE award

By: Tasneem Bulbulia 5th November 2024 The Gautrain Management Agency (GMA) has scooped the 2024 Most Innovative Knowledge Enterprise (MIKE) South Africa Gold Award. The award recognises GMA’s efforts in harnessing its collective knowledge and expertise, leading to better decision-making, innovation and competitive advantage. →

Since the launch of the Gautrain rapid rail link project 14 years ago, the transit system has maintained high levels of operational efficiency, the GMA says

Eskom’s revenue application displays ‘cavalier disregard’ for negative economic and social impacts

By: Terence Creamer 5th November 2024 The Organisation Undoing Tax Abuse (Outa) has urged the National Energy Regulator of South Africa (Nersa) to reject Eskom’s latest revenue application, which Outa says “displays a cavalier disregard” for the negative economic and socials impacts of yet more above-inflation hikes. In its formal... →

Photo by Creamer Media
Nersa to kick off public hearings into Eskom's revenue application on November 18

Gautrain operator scoops award at inaugural Rail Industry Awards

By: Tasneem Bulbulia 4th November 2024 The Bombela Operating Company (BOC), which currently operates and maintains the Gautrain, was awarded the Train Operator of the Year award at the inaugural Rail Industry Awards, hosted by the Railway Safety Regulator last week. The award recognises the quality operations and maintenance of the... →

Train Operator of the Year award

Chrisnelsa, AIDC launch pioneer EV/HEV training centre in Rosslyn

By: Tasneem Bulbulia 4th November 2024 Automotive quality control specialist Chrisnelsa, in collaboration with government entity the Automotive Industry Development Centre (AIDC) and UK-based EV training institute Duplex Business Services, last week launched an electric vehicle and hybrid electric vehicle (EV/HEV) training centre in... →

An image showing Chrisnelsa's EV/HEC training centre

Photo by Creamer Media's Tasneem Bulbulia
EV/HEV training centre

Trip at Kriel power station’s Unit 6 will not lead to loadshedding, Eskom assures

By: Darren Parker 4th November 2024 State-owned utility Eskom has assured the country that the tripping of Unit 6 at the Kriel power station, in Mpumalanga, on November 3, would not impact the current generation capacity or lead to loadshedding. The unit tripped following the loss of hydraulic oil to the turbine valves. A... →

Photo by Creamer Media
Kriel Power Station

Sino Africa Gases established in Newcastle

By: Darren Parker 1st November 2024 The new food-grade liquid CO2 manufacturing plant of Sino Africa Gases is now officially established. The plant, located in Newcastle, KwaZulu-Natal, was funded by the National Empowerment Fund (NEF), in collaboration with the Department of Trade, Industry and Competition (dtic). →

Sino Africa Gases co-founder Sibusiso Sibisi

DA urges ‘anti-competitive’ Eskom to withdraw legal proceedings against Nersa

By: Thabi Shomolekae 31st October 2024 The Democratic Alliance on Thursday urged State power utility Eskom to withdraw its “futile and costly” legal dispute and support the transformation of South Africa’s energy sector. Eskom has approached the High Court to review the National Energy Regulator of South Africa’s decision to grant... →

Eskom commends Saps as three people are arrested for theft of cable drums

By: Sabrina Jardim 31st October 2024 State-owned utility Eskom says three suspects have been arrested by members of the South African Police Service (Saps), in Pretoria, in connection with the theft of drums of cable belonging to Eskom. The arrests follow an armed robbery incident that occurred at the Wolmaransstad Customer Network... →

Unlocking private sector participation in infrastructure

By: Creamer Media Reporter 30th October 2024 Engineering News editor Terence Creamer discusses the key themes of the first Medium-Term Budget Policy Statement of the Government of National Unity, delivered by Finance Minister Enoch Godongwana, including specific moves to unlock private sector participation to build new transmission... →

Unlocking private sector participation in infrastructure

R390bn in electricity investment ‘tangible evidence’ of benefits of reforms

By: Terence Creamer 30th October 2024 The first phase of Operation Vulindlela, which was set up jointly by the Presidency and the National Treasury to oversee structural economic reforms, unlocked R390-billion worth of investment in the electricity sector. The investment figure is included in the Medium-Term Budget Policy Statement... →

NTCSA revises latest TDP considering uptick in expected generation capacity

By: Marleny Arnoldi 30th October 2024 The National Transmission Company of South Africa (NTCSA) has hosted its inaugural Transmission Development Plan (TDP) briefing since starting commercial operation in July this year, with the 2024 TDP reporting higher required transmission capacity installations compared with the prior TDP, in... →

Macpherson wants answers from IDT on oxygen plant tender awards

By: Darren Parker 29th October 2024 Macpherson wants answers from IDT by Friday on questionable oxygen plant tender awards Public Works and Infrastructure Minister Dean Macpherson has written to government entity Independent Development Trust (IDT) chairperson advocate Kwazi Mshengu requesting a comprehensive report by the end of... →

Meeting final six FATF action items a ‘difficult challenge’ – Treasury

By: Sabrina Jardim 28th October 2024 National Treasury has welcomed the progress made by all agencies in ensuring South Africa now meets 16 of the 22 action items required for the country to exit the Financial Action Task Force (FATF) grey list. Only six action items remain and, while South Africa is working hard to address all... →

Ramaphosa wants 250Mt of freight moved by rail by 2029, as he notes progress in the sector

By: Sashnee Moodley 28th October 2024 The seventh administration aims to push rail as the “backbone of transport” in the country, with President Cyril Ramaphosa urging that rail lines transport at least 250-million tonnes of freight a year by 2029. With Transnet set to finalise its Network Statement by year-end, Ramaphosa noted that... →

President Cyril Ramaphosa

Greater coordination needed to realise green-hydrogen aspirations

By: Darren Parker 25th October 2024 Despite enthusiasm for the development of a hydrogen economy from the public and private sectors, there remains a significant lack of coordination to effectively implement projects and bring the dream of a green hydrogen economy to life, according to energy technology company Mitochondria Energy... →

Experts weigh in on increasingly decentralised freight logistics model

By: Marleny Arnoldi 24th October 2024 As government and the private sector work to accelerate reforms and improve efficiencies in the logistics sector, experts from a range of spheres have emphasised the importance of targeted investment and collaboration to ensure the sustainability and inclusivity of the economic growth that is... →

Speakers who participated in the October 23 transport webinar

Experts weigh in on increasingly decentralised freight logistics model

TNPA, Hillside Aluminium sign 15yr lease agreement at Richards Bay port

By: Creamer Media Reporter 24th October 2024 Transnet National Ports Authority (TNPA) has signed a 15-year lease agreement with South32 Hillside Aluminium, securing the continued operational presence of South Africa’s only primary aluminium producer at the Port of Richards Bay. TNPA says South32 Hillside Aluminium plays a crucial role in... →

Eskom prepaid customers reminded to recode their meters before November 24

By: Darren Parker 21st October 2024 State-owned utility Eskom has urged prepaid electricity customers to recode their meters by November 24, as required by the Standard Transfer Specification Association. After this deadline, meters will no longer accept electricity tokens unless they are updated to Key Revision Number 2. →

PIC starts search for a new CEO as Sithole’s term nears its end

By: Tasneem Bulbulia 18th October 2024 Asset manager the Public Investment Corporation (PIC) has initiated a search to identify and appoint a new CEO to succeed Abel Sithole, whose term will be coming to an end effective July 2025. The search is a responsible and proactive move by the board to allow sufficient time to appoint a new... →

Menar MD pushes back on request to lower prices

By: Darren Parker 18th October 2024 Coal and manganese mining group Menar MD Vuslat Bayoğlu has pushed back on a request by Energy and Electricity Minister Kgosientsho Ramokgopa’s special adviser Silas Zimu for domestic coal suppliers to State-owned utility Eskom to lower their prices for the next three years in order for the... →

Menar MD Vuslat Bayoğlu

Eskom announces four executive appointments

By: Creamer Media Reporter 17th October 2024 Eskom Group CEO Dan Marokane has announced the first four of what will be seven new executive appointments, which he says are being made to address current business challenges and to support the organisation's strategic initiatives and growth plans. The appointments are all effective from... →

Eskom Group CEO Dan Marokane

Mmete Fusi appointed acting group CEO of PetroSA

By: Tasneem Bulbulia 17th October 2024 The Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed Mmete Fusi as acting group CEO, effective immediately. The entity highlights that Fusi has vast leadership experience and knowledge of the continent’s minerals resources, oil and gas, ports and railway infrastructure. →

‘Support and commitment’ not enough to save long steel business, urgent action needed – AMSA

By: Darren Parker 16th October 2024 Government’s support for, and commitment to, addressing the removal of export tax on scrap metal, resetting the price preference system (PPS) mechanism at an appropriate level, implementing trade measures and reducing logistics and energy costs are insufficient and more urgent action is needed to... →

DPWI, ISA launch project preparation bid window to expand infrastructure investment

By: Darren Parker 15th October 2024 The Department of Public Works and Infrastructure (DPWI), together with government agency Infrastructure South Africa (ISA), has opened a novel project preparation bid window to invite submissions from national and provincial government departments, State-owned entities, public entities and... →

Public Works and Infrastructure Minister Dean Macpherson and Infrastructure South Africa acting head Mameetse Masemola

Photo by Creamer Media
Public Works and Infrastructure Minister Dean Macpherson and Infrastructure South Africa acting head Mameetse Masemola

Eskom’s tariff application reflects big rise in subsidy support for energy-intensive firms

By: Terence Creamer 15th October 2024 A policy decision to allow electricity-intensive companies operating in South Africa to enter into negotiated pricing agreements (NPAs) with Eskom is set to contribute 5.7% to any tariff increase approved for implementation in respect of standard-tariff customers on April 1 next year. Eskom has... →

Negotiated pricing agreements with smelters add upward pressure to Eskom tariff

Green Connection welcomes Karpowership deal ending, calls for further details

By: Tasneem Bulbulia 15th October 2024 Nonprofit organisation The Green Connection has welcomed Electricity and Energy Minister Kgosientso Ramokgopa’s announcement this week that the Karpowership deal is officially “dead in the water”. Turkish energy company Karpowership had been seeking to implement three ship-based power projects in... →

An image showing the Karpowership project in Brazil

Photo by Creamer Media's Tasneem Bulbulia
Karpowership project in Brazil

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

More

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Subscribe