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61% of organisations report cloud security incidents, up from 24% a year ago
10th May 2024 By: Schalk Burger

Cybersecurity firm Check Point Software Technologies' ‘2024 Cloud Security Report’ shows a critical surge in cloud security incidents, with 61% of organisations reporting significant disruptions,... 


Magazine round up | 10 May 2024
Magazine round up | 10 May 2024
10th May 2024

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


Umoyilanga Avondale solar farm in Upington takes delivery of first modules
9th May 2024 By: Marleny Arnoldi

Global smart PV and energy storage solutions provider Trina Solar has started delivering modules to the 115 MW Umoyilanga Avondale solar project, in Upington, under a strategic partnership with two... 


UK, South African universities partner to establish water security forum
9th May 2024 By: Natasha Odendaal

The University of Johannesburg (UJ) Centre for Social Development in Africa (CSDA) and UK-based Cranfield University Centre for Water, Environment and Development (CWED) are partnering to establish... 


Accenture sales and commerce lead Africa Mushambi Mutuma.
South African companies struggling to keep pace with e-commerce growth
9th May 2024 By: Sabrina Jardim

While the cost of doing business is increasing, as companies grapple with ad hoc systems, legacy technology, skills gaps and poor infrastructure, global e-commerce companies with a “wealth of... 


AP Ventures Co-Founding Partner Kevin Eggers
Hydrogen’s ‘irreplaceable’ role highlighted by platinum-linked venture capital provider
9th May 2024 By: Martin Creamer

The role of hydrogen in the decarbonisation of the hardest-to-abate sectors of the global economy continues to be highlighted as “irreplaceable” by AP Ventures, the independent venture capital fund... 


Battery storage
Deadline for latest battery procurement also extended as IPPs adjust to Eskom’s new grid access rules
9th May 2024 By: Terence Creamer

The deadline for South Africa’s recently launched third battery energy storage bidding round, or bid window three (BW3), has been extended by three months to October 31, following a recent deadline... 


Underspending on repairs, maintenance impacting on Joburg infrastructure – JoburgCAN
9th May 2024 By: Sabrina Jardim

Following a decade of underspending on repairs and maintenance on infrastructure, JoburgCAN, an initiative of the Organisation Undoing Tax Abuse (Outa), says it is “gravely concerned” over the... 


pylon at sunset
Genuine progress, not electioneering, behind the easing of loadshedding, council says
9th May 2024 By: Darren Parker

The current loadshedding reprieve is not a result of excessive diesel burning to pacify voters but rather a consequence of government and business coming together to made headway in solving South... 


A Multi-Application Fuel Efficient Cookstove
New clean cooking equipment factory opened in Paarl
9th May 2024 By: Rebecca Campbell

Clean and renewable energy solutions company Ener-G-Africa (EGA) on Thursday officially opened its new biomass stove and cookware manufacturing facility, in the Western Cape province town of Paarl.... 


Image of Cape Town Mayor Geordin Hill-Lewis.
More than 430 Cape Town households apply to sell their excess power
9th May 2024 By: Irma Venter

A total of 432 Cape Town households have applied to earn cash from selling their excess solar power to the city. These applications will now be assessed to determine their eligibility. 


Image of the BMW 7 Series
BMW 7 Series clinches 2024 Car of the Year title
9th May 2024 By: Irma Venter

The luxurious BMW 7 Series has been awarded the 2024 South African Car of the Year (COTY) title. In a competition run by the South African Guild of Mobility Journalists (SAGMJ), the the Suzuki... 


George building collapse
Hope fades for 44 trapped in collapsed South Africa building
9th May 2024 By: Reuters

Relatives of 44 construction workers trapped under a collapsed building in the South African city of George faced a fourth day of anguished waiting on Thursday as heavy machinery worked at the site... 


Cardboard
Sappi records higher earnings amid better demand, but market volatility remains
9th May 2024 By: Marleny Arnoldi

JSE-listed paper and packaging manufacturer Sappi has posted a 10% year-on-year increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $183-million for the... 


Tiger Brands invests R300m in new Black Cat factory
Tiger Brands invests R300m in new Black Cat factory
9th May 2024

Africa’s largest food processing company, Tiger Brands, has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Krugersdorp, which marks the single-largest capital... 


April transactions index increase welcome, but investors wait and see
8th May 2024 By: Schalk Burger

Financial infrastructure services company BankservAfrica's Economic Transactions Index (BETI) increased by 0.6% month-on-month in April to reach an index level of 134.2, which is the highest level... 


Equites' distribution centre, in Parow
Equites starts wheeling power from distribution centre to head office in Cape Town
8th May 2024 By: Marleny Arnoldi

Property developer Equites Property Fund has officially started wheeling renewable energy onto Cape Town’s grid from solar panels atop its newly built distribution centre in Parow. The company is... 


Absa launches non-banking subsidiary in China
8th May 2024 By: Schalk Burger

Financial services firm Absa has launched a non-banking subsidiary in China to fortify the economic links between Africa and the Asian country. The office will operate under a wholly foreign owned... 


Port of Durban container operations
TPT to continue to invest in Durban Pier 2 while legal spat over private partner plays out
8th May 2024 By: Terence Creamer

South Africa’s Transnet Port Terminals (TPT) says it will continue to invest in Durban Container Terminal (DCT) Pier 2 while legal proceedings around its selection of International Container... 


Airlink adopting IATA’s New Distribution Capability
8th May 2024 By: Rebecca Campbell

South African regional and domestic airline Airlink has announced that it is to implement the New Distribution Capability (NDC) for its transactions with the travel trade, with effect from July 31... 


Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, Q2 update likely on backfill problem
8th May 2024 By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.... 


Vian Smit
Personality affects susceptibility of people to cybercrime
8th May 2024 By: Rebecca Campbell

Personality type is a major factor in people’s vulnerability to cybercrime, a Stellenbosch University (SU) researcher has established. People with an “agreeable” personality were more vulnerable... 


Sugar inside Durban export terminal
High Court dismisses embattled Tongaat’s appeal on levies owed to industry
8th May 2024 By: Marleny Arnoldi

After not paying levies owed to the South African Sugar Association (Sasa) since October 2022, sugar producer Tongaat Hulett has again been ordered by the Durban High Court to pay the outstanding... 


An image of JSE chairperson Phuthuma Nhleko
JSE undertaking measures to mitigate de-listing, shrinkage
8th May 2024 By: Tasneem Bulbulia

The JSE is undertaking several initiatives to mitigate de-listings and reduced market capitalisation, chairperson Phuthuma Nhleko said during the entity’s AGM on May 7. Speaking to Engineering News... 


Eskom coal fired station
South Africa to provide new coal-plant closure timeline to secure secure $2.6bn
8th May 2024 By: Bloomberg

South Africa will provide a new timeline for the shutdown of coal-fired power plants in a bid to secure about $2.5-billion in climate finance, an agency in President Cyril Ramaphosa’s office said.... 


Seen from left to right is a view from a drone delivered to the command centre in Goodwood, the view from the ISR, and live footage from a body cam during a crime combatting event
Cape Town adds new tech layer in fight against crime – Eye-in-the-Sky
8th May 2024 By: Irma Venter

Very early on in his term, Cape Town Mayor Geordin Hill-Lewis was told by law enforcement agencies that there could never be enough boots on the ground to fully combat violent crime and the drug... 


Image of COMRiC CEO Advocate Thokozani Mvelase
Telecommunications to play a critical role in upcoming elections
8th May 2024 By: Creamer Media Reporter

As South Africa approaches its 2024 national elections, scheduled for May 29, telecommunications infrastructure will play a key role in ensuring seamless communication among voters, electoral... 


High Commissioner Jeremiah Nyamane Mamabolo (left) and Honorary Consul Bassim Haidar (right) in the East of England port of Felixstowe
South Africa appoints new Honorary Consul in the UK to promote trade
8th May 2024 By: Rebecca Campbell

South Africa has appointed a new Honorary Consul in the UK, it was announced on Wednesday. An Honorary Consul serves to promote South African exports to the country (or a specific region within a... 


A rescue worker and his dog search for survivors of the building collapse
Engineering organisations, labour dept urge patience as cause of George building collapse awaits determination
8th May 2024 By: Schalk Burger

Civil engineering and construction industry organisations the South African Institution of Civil Engineering (Saice), Consulting Engineers South Africa (CESA) and Master Builders South Africa... 


Spar CEO Angelo Swartz
Spar Group to list on A2X
8th May 2024 By: Creamer Media Reporter

Retailer Spar Group has been approved for a secondary listing on A2X Markets (A2X) and its shares will become available for trade on the exchange from May 15. Spar has wholesale warehousing and... 


Sunset with solar panels
Sappi signs PPA with trading platform to supply solar power to its South African operations
8th May 2024 By: Marleny Arnoldi

Paper and packaging group Sappi has signed a milestone 175 GWh/y renewable energy power purchase agreement (PPA) with private electricity trading company Enpower Trading. Sappi is working towards... 


Messe Frankfurst South Africa MD Michael Dehn
Commercial vehicle industry poised to grow, grasp new opportunities despite challenges
8th May 2024 By: Marleny Arnoldi

The commercial vehicle industry in South Africa is getting to understand the opportunities in the automotive sector, such as in the autonomous vehicles space, despite various macroeconomic... 


A graph showing the share of hydropower, solar and wind electricity generation growth
Renewables provided record 30% of global electricity in 2023, Ember says
8th May 2024 By: Reuters

Growth in solar and wind power pushed renewable generation to a record 30% of global electricity production in 2023, putting a global target to triple renewable capacity by 2030 within sight, a... 


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