Economy | State Companies

https://staging1.creamermedia.com/

Advertise on this page? Click Here to Learn More

State Companies News

EIB in talks with South Africa over loan for ports, freight rail

By: Bloomberg 15th February 2024 The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the Just Energy Transition Partnership. The loan, the size of which the EIB didn’t disclose, is part of... →

Vumacam partners with Gauteng government to provide surveillance access

By: Tasneem Bulbulia 13th February 2024 Surveillance services provider Vumacam has partnered with the Gauteng provincial government (GPG), giving the GPG immediate access to an expansive network of over 6 000 cameras in the province, as well as to partner cameras nationwide. In addition to its own infrastructure, Vumacam has access to... →

Am image showing the launch of Vumacam's partnership with the Gauteng provincial government

Vumacam partners with the Gauteng provincial government

South Africa looks to Japanese collaboration on green hydrogen development

By: Darren Parker 13th February 2024 The Japan External Trade Organisation (Jetro) this week hosted key South African private and public sector delegates and a high-profile Japanese business delegation at a green hydrogen seminar, in Johannesburg, on February 12. This follows the signing of a memorandum of cooperation (MoC) between... →

We speak to Jetro Johannesburg executive director Matoba Shintaro about the Japanese/South African collaboration on green hydrogen

TNPA receives first four of 52 new hydraulic tension mooring units

By: Schalk Burger 12th February 2024 State-owned Transnet National Ports Authority (TNPA) has received and operationalised four hydraulic tension mooring units at the ports of Cape Town and Ngqura. This is the first batch of the 52 units procured to improve operational efficiencies at the country's ports by reducing shipping delays... →

New shore tension units acquired by TNPA

Toll tariffs to increase by 6.25%, Sanral announces

By: Tasneem Bulbulia 12th February 2024 The South African National Roads Agency Limited (Sanral) has announced that its toll tariffs will increase by 6.25% from March 1. The tariffs are adjusted yearly in line with the Consumer Price Index as obtained from Statistics South Africa. →

Sanral communications and marketing GM Vusi Mona

Ramokgopa denies President’s pre-Stage 6 SoNA assertions caused embarrassment and insists loadshedding ‘corner has been turned’

By: Terence Creamer 11th February 2024 Electricity Minister Kgosientsho Ramokgopa has move to defend the statement made by President Cyril Ramaphosa in his State of the Nation Address (SoNA) on Thursday night that “the end of loadshedding is finally within reach”. This, despite South Africa rapidly descending into Stage 6 loadshedding... →

Electricity Minister Kgosientsho Ramokgopa

Business stakeholders find ‘election-oriented’ SoNA wanting

By: Marleny Arnoldi 9th February 2024 Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around the country’s dire economic performance and unemployment. Business Leadership South Africa (BLSA), for... →

South Africa's electricity and logistics crises remain a concern for business

Loadshedding, logistics, water crises key themes of SoNA 2024

By: Creamer Media Reporter 9th February 2024 Engineering News editor Terence Creamer discusses some of the key themes that emerged during President Cyril Ramaphosa's final State of the Nation Address of the current administration and how these affect the economy and business. →

Loadshedding, logistics, water crises key themes of SoNA 2024

Backlog at Cape Town Container Terminal reduced

By: Schalk Burger 7th February 2024 The Cape Town Container Terminal completed services for three vessels in a single shift over the weekend, reducing the vessels at anchor from four to one, despite three hours of lost time owing to fog. The recent marked improvement in productivity demonstrates responsive plans that have been put... →

Good roads needed for economic growth – Chikunga

By: Schalk Burger 6th February 2024 Transport Minister Sindisiwe Chikunga, on February 5, inspected the R1.1-billion upgrade of the R23 regional road in Standerton, Mpumalanga, as well as the implementation of the Vala Zonke campaign to repair potholes. “As government, we recognise that good roads help to grow the economy and that... →

Hill-Lewis urges Ramaphosa to fast-track devolution of rail, policing powers to deal with crises

By: Sashnee Moodley 6th February 2024 Cape Town Mayor Geordin Hill-Lewis is looking to President Cyril Ramaphosa for answers on the delay of the national Rail Devolution Strategy, which could save lower-income families R932-million every year. Hill-Lewis pointed out that Ramaphosa had promised that the strategy would be out in 2023,... →

Cape Town Mayor Geordin Hill-Lewis

Transnet receives locomotive batteries through RBCT partnership

By: Schalk Burger 6th February 2024 State-owned Transnet has taken delivery of seven full sets of batteries procured by the Richards Bay Coal Terminal (RBCT). The delivery of these critical spares will improve the reliability of Transnet Freight Rail's available locomotive fleet. The Transnet Recovery Plan, which seeks to improve... →

CPI score shows SA edging closer to being failed State – risk body

By: Sashnee Moodley 6th February 2024 Risk body, the Institute of Risk Management South Africa has warned that it is essential to deal with corruption in South Africa if the country is to begin repairing its “poly-crisis”. According to the latest global ranking of perceptions of corruption, South Africa has fallen to its lowest level... →

Denel shows off its products at global defence show in Saudi Arabia

By: Schalk Burger 5th February 2024 State-owned defence company Denel is showcasing several of its products in the fields of missile technology, air defence systems, precision guided munitions, artillery systems and unmanned aerial vehicle (UAV) systems at the World Defence Show, in Saudi Arabia, from February 4 to 8. It is... →

Photo by Creamer Media
Denel interim CEO Mike Kgobe

Organisations voice their concerns about national minimum wage increase

By: Tasneem Bulbulia 5th February 2024 Various organisations have responded to government’s decision to increase the national minimum wage by 8.5% to R27.58 an hour, effective from March 1. Youth development agency Afrika Tikkun says that while this increase will enhance the quality of life and dignity of the poorest of poor, there... →

An image of Employment and Labour Minister Thulas Nxesi

Photo by Creamer Media
Employment and Labour Minister Thulas Nxesi

We are turning ports around, but it will take time – Ramaphosa

By: Sashnee Moodley 5th February 2024 While the recently launched African Continental Free Trade Area will provide advantages for South African companies, the efficiency and competitiveness of the country’s logistics architecture needs to improve, which President Cyril Ramaphosa has assured will happen. In his weekly letter to the... →

President Cyril Ramaphosa

Clear commitment to reform implementation needed in SoNA – Mavuso

By: Schalk Burger 5th February 2024 Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has urged President Cyril Ramaphosa to show a clear commitment to the hard work of reform implementation during his State of the Nation Address (SoNA) on Thursday evening. South Africa's electricity crisis remains a... →

Locomotives operating on Transnet Freight Rail's rail lines

Business organisations call on Ramaphosa to test NHI Bill’s constitutionality

By: Tasneem Bulbulia 5th February 2024 Business organisations Business Unity South Africa (Busa) and Business for South Africa (B4SA) have called on President Cyril Ramaphosa to act in accordance with the commitment he made in late November 2023 to test the constitutionality of the National Health Insurance (NHI) Bill. “Given its... →

Busa CEO Cas Coovadia

De Berg Nature Reserve designated as country’s thirtieth Ramsar site

By: Tasneem Bulbulia 2nd February 2024 Forestry, Fisheries and the Environment Minister Barbara Creecy has welcomed the declaration of the De Berg Nature Reserve as South Africa’s thirtieth Ramsar site under the Convention on Wetlands of International Importance. De Berg Nature Reserve is located along the headwaters of the Dwars... →

An image of Forestry, Fisheries and the Environment Minister Barbara Creecy

Forestry, Fisheries and the Environment Minister Barbara Creecy has welcomed the declaration of the De Berg Nature Reserve as South Africa’s thirtieth Ramsar site under the Convention on Wetlands of International Importance

Transnet says rail volumes recovered slightly in the last quarter of 2023

By: Tasneem Bulbulia 2nd February 2024 Transnet Freight Rail (TFR) says it experienced an improvement in rail volumes in the last quarter of the 2023 calendar year, as the implementation of Transnet’s recovery plan got under way. The quarterly rate of delivery to the Richards Bay Coal Terminal (RBCT) increased from 47.10-million... →

Nersa formally publishes licences for new grid company

By: Terence Creamer 2nd February 2024 The National Energy Regulator of South Africa (Nersa) has officially published on its website the three licences required for the operationalisation of the National Transmission Company South Africa (NTCSA), having approved their transfer from Eskom to the NTCSA last year. The NTCSA is in the... →

City reiterates call to allow private sector contribution to Cape Town port

2nd February 2024 The City of Cape Town has called on national government to immediately publish the Freight Logistics Roadmap and to encourage private sector involvement in the Port of Cape Town. Economic Opportunities MMC Alderman James Vos says private sector involvement in running the port cannot come soon... →

Eskom to roll-out ‘load limiting’ to more Gauteng areas following Fourways pilot

By: Terence Creamer 1st February 2024 Eskom is aiming to expand the coverage of its so-called ‘load limiting project’ – where households equipped with smart meters continue to receive limited power supply during periods of Stage 1 to 4 loadshedding – to more Gauteng suburbs, following a pilot project in the Fourways area. The... →

Eskom backs Necom-level consultation on use of electricity tokens to upscale virtual wheeling

By: Terence Creamer 30th January 2024 Eskom Distribution MD Monde Bala has signalled the utility’s willingness to consider the integration of an Electricity Credit Token (ECT) financial instrument to accelerate the implementation of a virtual wheeling model that allows multiple generators to transact with multiple customers in... →

Eskom Distribution MD Monde Bala

Night loadshedding escalates to Stage 3

By: News24Wire 29th January 2024 Loadshedding will jump to Stage 3 at 16:00 Monday after a delay in the return to service of two generating units. "Over the past 24 hours, five generation units were taken offline for repairs. Additionally, the return to service of two generating units that were on planned maintenance was delayed... →

Eskom’s new curtailment addendum unlocks 3 470 MW of grid for wind in Western and Eastern Cape

By: Terence Creamer 27th January 2024 Eskom has taken a major step in unlocking much-needed grid capacity for wind projects in the Western and Eastern Cape provinces by publishing the highly-anticipated curtailment addendum to its latest Generation Connection Capacity Assessment, or GCCA 2025. The addendum, which has been published... →

Substation with wind turbines in the background

Government's new plan to shift cargo from roads back to rail

By: News24Wire 26th January 2024 Government is seeking to finalise a plan aimed at improving its rail network and move cargo away from its overburdened roads. While the economy loses a billion rand per day to its logistics crises, government has said an urgent turnaround is needed to improve its 31 000km locomotive network as... →

Transnet appoints law firm to investigate allegations against TNPA management

By: Schalk Burger 25th January 2024 State-owned freight and logistics group Transnet has appointed an independent law firm to undertake an in-depth investigation into allegations that certain Transnet National Ports Authority (TNPA) managers flouted procurement processes. The matter has also been referred to the Special... →

Germany’s KfW donates equipment to South Africa’s public healthcare system

By: Tasneem Bulbulia 24th January 2024 Minister of Health Dr Joe Phaahla will, on January 25, preside over an official handover ceremony of mobile health clinics, cold chain and information technology equipment from the German Development Bank (KfW) to support efforts by the South African government to strengthen the public health... →

Minister of Health Dr Joe Phaahla

Independent transmission project office to be set up to procure new grid using build, operate, transfer model

By: Terence Creamer 23rd January 2024 Electricity Minister Kgosientsho Ramokgopa reports that government plans to establish an independent transmission project office, located either at the Development Bank of Southern Africa (DBSA) or the Industrial Development Corporation (IDC), to procure new transmission capacity using a build,... →

Financial closure for $90m small-scale LNG plant in Tanzania imminent

By: Darren Parker 22nd January 2024 Energy solutions company KS Energy is targeting financial closure this year for the first phase of a small-scale liquefied natural gas (LNG) supply chain in partnership with a Tanzanian gas producer, with first gas offtake expected in early 2026. The capital expenditure for the liquefication... →

TPDC MD Mussa Makame and KS Energy Group CEO Steve Martin sign agreement

TPDC MD Mussa Makame and KS Energy Group CEO Steve Martin sign the agreement

South Africa must build renewable energy momentum, and then move on to other sectors – Mavuso

By: Schalk Burger 22nd January 2024 The rapid pace at which South Africa is building renewable energy projects, driven by private sector investment, is viewed as positive in the global context, including at the recently held World Economic Forum's (WEF's) yearly Davos meeting, said business organisation Business Leadership South... →

BLSA CEO Busi Mavuso

Koeberg manager suspended by De Ruyter is back and is 'crucially needed', says Eskom

By: News24Wire 22nd January 2024 Velaphi Ntuli has returned as the general manager of Koeberg nuclear power station after he was suspended in June 2021 over performance issues - allegations of which he has since been cleared. At the time of his suspension, Koeberg's Unit 1 had not returned to service in May 2021 as scheduled.... →

Photo by Creamer Media
Koeberg nuclear power station

Marokane to officially report for duty as Eskom CEO on March 1

By: Terence Creamer 19th January 2024 Eskom has announced that Dan Marokane – who was named group CEO on December 8, almost a full year after André de Ruyter formally resigned – will assume office on March 1, 2024. Previously, Eskom indicated that Marokane would join the organisation no later than March 31, 2024, so as to allow him... →

Dan Marokane

Transnet partially restores service on coal export line

By: Reuters 19th January 2024 South African freight rail operator Transnet said late Thursday it resumed partial service on the line connecting to the country's main coal export terminal, four days after two trains collided and blocked the tracks. The first line leading to the Richards Bay coal terminal was declared safe for... →

Coal being transported on South Africa's railway

Transnet plans to partially reopen coal line after derailment

By: Reuters 18th January 2024 South African freight rail operator Transnet plans to reopen the first of two coal lines to the country's major coal export terminal on Thursday after it was blocked following a train collision last weekend, the company said on Wednesday. The second line is expected to be operational by Saturday,... →

RFA urges investigation into outdated TFR systems following derailment

By: Schalk Burger 17th January 2024 Industry organisation the Road Freight Association (RFA) says the collision of two coal trains on the Richards Bay ore line at the weekend underscores the vulnerability of the multi-ore line owing to the inherent risks of outdated manual systems and poor operational control. The derailment will... →

RFA CEO Gavin Kelly

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