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State Companies News

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... →

As Eskom confirms 2 GW renewables plan, role of tariffs in funding roll-out comes into focus

By: Terence Creamer 14th October 2024 Electricity and Energy Minister Dr Kgosientsho Ramokgopa has expressed confidence that tariff and non-tariff solutions can be found to ensure that Eskom is able to meet the obligations set by the National Treasury as part of the R256-billion debt-relief package while still allowing the entity to... →

Electricity and Energy Minister Dr Kgosientsho Ramokgopa

Sanral weathers challenging year to post strong performance

By: Tasneem Bulbulia 11th October 2024 The South African National Roads Agency Limited (Sanral) says its 2023/24 financial year was characterised by resilience and agility, to conclude with a strong financial performance, an unqualified audit report and accelerated investment in road infrastructure. The total spend on toll roads came... →

Sanral's total spend on toll roads came in at R4.1-billion, while expenditure on non-toll roads came in at R23-billion

RFA, SAAFF call for greater urgency on private sector’s participation in ports

By: Tasneem Bulbulia 11th October 2024 Following the recent High Court judgment on the Durban Container Terminal (DCT) Pier 2, which halted the contract between Transnet and International Container Terminal Services (ICTSI), the Southern African Association of Freight Forwarders (SAAFF) has highlighted the key role it believes the... →

Association welcomes vertical separation of Transnet’s rail entity into two divisions

By: Tasneem Bulbulia 11th October 2024 The African Rail Industry Association (ARIA) has welcomed the announcement of the vertical separation of Transnet Freight Rail into two distinct operating divisions – Transnet Infrastructure Manager (TRIM) and Transnet Freight Rail (TFR). “This strategic unbundling represents a pivotal moment for... →

An image showing a Transnet rail operation

Transnet aims to increase its rail haulage capacity to 170-million tonnes for the 2024/25 financial year

South Africa power-line rollout set to spur bond market revival

By: Bloomberg 11th October 2024 A multibillion-dollar plan to expand South Africa’s electricity transmission network could throw a lifeline to the country’s corporate bond market as it struggles to recover from a post-pandemic slump. The National Transmission Company South Africa, a state-owned company that will operate... →

Forestry sector calls for collaboration to build on transformation progress

By: Tasneem Bulbulia 11th October 2024 While the forestry sector has achieved notable progress in transformation over the past 15 years, more needs to be done to ensure the sector is sustainable and creates long-term value for stakeholders and communities. This was the key message from speakers at the Forestry Sector Charter Council’s... →

Forestry Sector Charter Council executive director Khosi Mavimbela expands on transformation in the forestry sector over the past 15 years.

Durban’s container terminal implements successful truck booking solution

By: Tasneem Bulbulia 10th October 2024 A month-long collaborative pilot with transporters has seen the Durban Container Terminal (DCT) Pier 2 improve its truck turnaround time by 24%, the entity says in a statement. The new truck booking solution to manage the flow of trucks into the terminal will remain, to improve and sustain the... →

Check point

Court blocks top Africa port deal as Maersk contests award

By: Bloomberg 9th October 2024 A South African court temporarily blocked a deal between the nation’s state-owned logistics firm and a company owned by Filipino billionaire Enrique Razon to expand and run sub-Saharan Africa’s biggest container port after AP Moller-Maersk challenged the award. Maersk unit APM Terminals was among... →

Commission approves acquisition of DCT 2 SPV

By: Tasneem Bulbulia 8th October 2024 The Competition Commission has approved the proposed transaction whereby International Container Terminal Services (ICTS) intends to acquire Durban Container Terminal (DCT) 2 Special Purpose Vehicle, with conditions. The acquiring firm is listed on the Philippine Stock Exchange and the... →

Ramokgopa convinced ‘sweet spot’ will be found to unlock Independent Power Transmission projects

By: Terence Creamer 7th October 2024 Electricity and Energy Minister Dr Kgosientsho Ramokgopa has expressed confidence that government and the National Transmission Company South Africa (NTCSA) are close to finding the “sweet spot” that will facilitate the integration of private Independent Power Transmission (IPT) projects. Such... →

Eskom Holdings chair Mteto Nyati, NTCSA chair Priscillah Mabelane and Electricity and Energy Minister Kgosientsho Ramokgopa joins hand in front of a new ceremonial statue displaying a handshake, unveiled during the official launch of NTCSA on October 7

NTCSA chairperson Priscillah Mabelane speaks with Engineering News Editor Terence Creamer about the role of the new State-owned grid company, its immediate priorities, and the approach NTCSA could take to Independent Power Transmission projects. Recording and Editing: Shadwyn Dickinson. Recorded: 7.10.2024

Mavuso lauds Operation Vulindlela progress with Transnet

By: Marleny Arnoldi 7th October 2024 As government continues to drive structural reforms through Operation Vulindlela, Business Leadership South Africa CEO Busi Mavuso says in her latest newsletter that private sector participation continues to strengthen. She highlights a major recent milestone of Operation Vulindlela having been... →

South Africa fires up diesel turbines to keep power cuts at bay

By: Bloomberg 4th October 2024 Eskom has been using diesel-fuelled auxiliary turbines extensively to stave off power cuts in South Africa following delays in restoring some generation capacity. The utility fired up the units after 2 685 megawatts of capacity failed to return to service on September 23 as planned, Eskom said in... →

Govt, business set 3% growth target for 2025

By: Creamer Media Reporter 4th October 2024 Engineering News editor Terence Creamer discusses the partnership previously formed between government and business to tackle loadshedding and other crises; the launch of a second phase of this partnership and the areas of focus; and some of the potential risks to this partnership. →

Govt, business set 3% growth target for 2025

Phillips says Transnet not yet on track to meet 193Mt rail ‘stretch target’

By: Terence Creamer 2nd October 2024 Meeting the 193-million-ton rail stretch target set under the newly launched second phase of the partnership between business and government would require a significant amount of work and collaboration, Transnet CEO Michelle Phillips has acknowledged. Speaking at the Joburg Indaba a day after the... →

A Transnet Freight Rail train on the Sishen-Saldanha iron-ore corridor

Sanral's management of some provincial roads ensures lower costs for users – Creecy

By: Schalk Burger 2nd October 2024 Road users are benefiting from lower fuel and vehicle maintenance costs, as well as lower costs for the repair or replacement of vehicle parts and cargo damaged while driving on provincial roads that have not been adequately maintained. These economic benefits stem from the transfer of certain... →

Transnet Academy forms railway education partnership with UCT, UP

By: Schalk Burger 2nd October 2024 The State-owned Transnet Academy has concluded a five-year partnership agreement with the University of Cape Town (UCT) and the University of Pretoria (UP), which will help it to enhance technical capacity, develop reliable safety standards and deliver superior customer service. The Faculty of... →

TNPA issues request for information for multipurpose terminal at Mossel Bay

By: Darren Parker 2nd October 2024 State-owned Transnet National Ports Authority (TNPA) has initiated a request for information (RFI) process for a multipurpose terminal (MPT) at the Port of Mossel Bay’s Quay 4 precinct, in the Western Cape. The RFI calls on interested parties to submit proposals to design, develop, finance,... →

Port of Mossel Bay

Deputy environment minister stresses the importance of PPPs in sustainability initiatives

By: Sabrina Jardim 1st October 2024 With climate change, resource scarcity and socioeconomic disparities facing South Africa, adopting sustainable practices can help reduce carbon footprints, conserve natural resources and create healthier, more resilient communities, said Forestry, Fisheries and the Environment Deputy Minister... →

Ramokgopa confident he can head off Eskom’s ‘untenable’ tariff hike with policy adjustments

By: Darren Parker 1st October 2024 Electricity and Energy Minister Dr Kgosientsho Ramokgopa is confident that State-owned utility Eskom’s proposed tariff increase for direct customers of 36.15%, and a 43.55% hike in municipal tariffs, will not come to pass. On September 24, Engineering News reported that the National Energy... →

Electricity and Energy Minister Dr Kgosientsho Ramokgopa

UAE firm signs MoU with PIC to advance South Africa’s mining, green energy, transport and logistics sectors

By: Darren Parker 30th September 2024 United Arab Emirates (UAE) diversified natural resources company International Resources Holding (IRH) has signed a memorandum of understanding (MoU) with South Africa's State-owned Public Investment Corporation (PIC) to collaborate on unlocking value across the mining, green energy and transport... →

Eskom seeks 36% tariff increase

By: Creamer Media Reporter 27th September 2024 Engineering News editor Terence Creamer discusses power utility Eskom's latest Multiyear Price Determination submission to the National Energy Regulator of South Africa, as well as the next steps. →

Eskom seeks 36% tariff increase

Wärtsilä renews operations and maintenance agreement with Zambian energy company

By: Darren Parker 26th September 2024 Technology group Wärtsilä has signed a renewal of its operations and maintenance (O&M) agreement covering the 105 MW power plant owned by independent power producer Ndola Energy Company in Zambia. The previous agreement had been in force since 2013. →

Upcoming mini-Budget to include details on Independent Power Transmission pilot project

By: Terence Creamer 26th September 2024 Details on the approach South Africa will be taking to piloting Independent Power Transmission (IPT) projects as part of a strategy to accelerate the expansion of its electricity grid will be included in the upcoming Medium-Term Budget Policy Statement (MTBPS), a senior official in the office of... →

TNPA puts out tender for LNG terminal environmental-impact assessment

By: Darren Parker 25th September 2024 State-owned Transnet subsidiary Transnet National Ports Authority (TNPA), in collaboration with Infrastructure South Africa (ISA) and the Industrial Development Corporation, has approached the market for an environmental-impact assessment (EIA), encouraging interested parties to submit proposals... →

Publication of Eskom’s 36% tariff submission by Nersa heralds formal start of consultation showdown

By: Terence Creamer 24th September 2024 The National Energy Regulator of South Africa (Nersa) has formally published Eskom’s much-anticipated and much-criticised allowable revenue application for the coming three years ahead of what is likely to be a vigorous and potentially hostile public consultation phase. The documents have been... →

Macpherson advertises key Public Works vacancies to drive SA’s rebuild

By: Tasneem Bulbulia 23rd September 2024 The Department of Public Works and Infrastructure (DPWI) has opened applications for several key permanent positions, as part of a move by Minister Dean Macpherson to stabilise the administration and governance of the department. Over the weekend, key vacancies were advertised, including the head... →

Minister Dean Macpherson

Sasol and Eskom to explore demand anchors for LNG as part of effort to avert ‘gas cliff’

By: Terence Creamer 20th September 2024 Eskom and Sasol have signed a memorandum of understanding (MoU) to jointly explore the potential to introduce liquified natural gas (LNG) to replace natural gas imports from southern Mozambique, which are currently set to decline sharply from 2027. The MoU was signed by Eskom CEO Dan Marokane and... →

Sasol CEO Simon Baloyi presents a slide on the gas cliff during a briefing at Megawatt Park, while Eskom CEO Dan Marokane and Electricity and Energy Minister Dr Kgosientsho Ramokgopa (seated at far right) listen.

Defence industry CEO calls for PPPs to fund SANDF projects

By: Darren Parker 20th September 2024 The CEO of the South African Aerospace, Maritime and Defence Industries association, Sandile Ndlovu, has called for the use of public-private partnerships (PPPs) to help fund defence projects in South Africa. Speaking at the African Aerospace and Defence trade show and exhibition, held at Air... →

Photo by Creamer Media
Rooivalk helicopter

Ramokgopa seeks to strike ‘delicate balance’ on Eskom tariffs, labelling mooted hikes ‘untenable’

By: Terence Creamer 19th September 2024 Electricity and Energy Minister Dr Kgosientsho Ramokgopa has labelled a mooted increase in Eskom’s electricity tariff of 36% “untenable” and “unaffordable” and has promised to work on an outcome that seeks to strike a “delicate balance” between the needs of consumers and Eskom’s financial... →

Electricity and Energy Minister Dr Kgosientsho Ramokgopa

Graham-Maré assures govt is evaluating independent transmission infrastructure provider model

By: Marleny Arnoldi 18th September 2024 While South Africa has seen the installation of more than 590 MW of rooftop solar power in the year-to-date, which adds to other renewable-energy installations, the question remains whether State-owned power utility Eskom will be able to timeously build the 14 000 km of transmission lines needed... →

New State-owned petroleum company granted permission to begin operating

By: Terence Creamer 18th September 2024 A new State-owned enterprise arising from a merger of three Central Energy Fund (CEF) subsidiaries – iGas, the Strategic Fuel Fund (SFF) and those divisions of PetroSA currently considered financially viable – has been granted approval to start operating and it will begin trading on April 1,... →

South African National Petroleum Company CEO Godfrey Moagi

Transnet, SAPS sign MoU to combat logistics network theft and vandalism

By: Schalk Burger 16th September 2024 State-owned Transnet and the South African Police Service (SAPS) have signed a memorandum of understanding (MoU) to strengthen collaborative efforts between them in the fight against theft and vandalism of essential infrastructure across Transnet’s logistics network. Enhancing security at... →

DA calls on Tau to investigate alleged corrupt activities at the SABS

By: Marleny Arnoldi 13th September 2024 Democratic Alliance (DA) trade, industry and competition spokesperson Toby Chance has called on the Department of Trade, Industry and Competition (dtic) to urgently investigate “serious transgressions” at the South African Bureau of Standards (SABS). In letters addressed to dtic acting... →

Democratic Alliance trade, industry and competition spokesperson Toby Chance

Pravin Gordhan dies at 75

By: Bloomberg 13th September 2024 Pravin Gordhan, who held three positions in South Africa’s cabinet and won plaudits for standing up to Jacob Zuma during his scandal-marred presidency, has died. He was 75. Gordhan died in hospital in the early hours of Friday morning after battling cancer, his family said in an emailed statement. →

Photo by Bloomberg
Pravin Gordhan

Emfuleni municipality’s bank accounts attached for Eskom to recover R8bn debt

By: Tasneem Bulbulia 12th September 2024 Power utility Eskom says the Sheriff of the Court has successfully attached the Emfuleni municipality’s four bank accounts for Eskom to recover about R8-billion in arrear debt, ensuring that the money collected for electricity is paid directly to the utility. This follows the municipality’s... →

Eskom says that municipal debt remains one of its biggest challenges

Not enough chrome shipments to fill Maputo corridor capacity, TFR says

By: Darren Parker 12th September 2024 The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials Conference: Ferroalloys 2024, in Johannesburg, on September 11, she challenged chrome producers to... →

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