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Road freight emissions can be cut by up to 46%, suggests new framework 

By: Irma Venter     24th January 2020 As the primary method for freight transportation in South Africa, road freight, excluding passenger freight, emits about 16.8-million tons of carbon dioxide (CO2) a year, making it the second largest contributor to carbon emissions, after electricity. One way to reduce these carbon emissions is... 

 Road freight emissions can be cut by up to 46%, suggests new framework
Dr Lee-Anne Terblanche

Relief as SAA is able to pay workers their January salaries 

By: News24Wire      24th January 2020 Following concerns over whether South African Airways would have been able to pay employees' salaries this month, it has now been confirmed that the embattled State-owned airline has the money available to do so – at least for January. SAA informed employees on Friday that it will pay salaries on... 

 Relief as SAA is able to pay workers their January salaries

Sasol to finalise scope of LCCP unit's repairs in Feb 

By: Tasneem Bulbulia     24th January 2020 Integrated energy and chemicals company Sasol expects to finalise the scope of, and time needed for, repairs to the low-density polyethylene (LDPE) unit, at its Lake Charles Chemicals Project (LCCP), in Louisiana, in the US, during the second half of February. “Limited” damage was done to a small... 

Opinion: Is land a constraint to a renewables-led energy system in South Africa?

By: Tobias Bischof-Niemz     24th January 2020 When the question arises as to what South Africa’s most abundant source of energy is, the usual answer is coal. South Africa has built almost its entire electricity system, as well as a good portion of its liquid-fuels industry, on the back of its plentiful reserves of coal. Furthermore, it is... 

Opinion: Is land a constraint to a renewables-led energy system in South Africa?
Photo by Creamer Media
Dr Tobias Bischof-Niemz

Public, private sector collaboration bearing fruit across various sectors

By: Marleny Arnoldi     24th January 2020 The private sector and government have made progress in several areas of South African industry since launching the Public Private Growth Initiative (PPGI). In particular, progress has been made in terms of water use licences and the recapitalisation of State forestry assets.  

Dube TradePort facilitating growth in KwaZulu-Natal

By: Tasneem Bulbulia     24th January 2020 The King Shaka International Airport in KwaZulu-Natal continued to experience steady growth in passenger volumes over the December festive season, with international passenger volumes up by 9% and domestic passenger volumes up by 12%, DubeTrade Port Corporation reported this week. Dube TradePort... 

Commission recommends tribunal approve Barnes Reinforcing buyout

By: Marleny Arnoldi     24th January 2020 The Competition Commission has recommended to the Competition Tribunal that it approve a proposed transaction whereby Barnes Group Holdings intends to acquire Barnes Reinforcing (BRI). Barnes Group manufactures steel tubes, pipes, black galvanised wire, and fencing posts and gates, as well as... 

Brother Group gets go ahead to buy Lanxess CISA, chrome tanning salts business

By: Marleny Arnoldi     24th January 2020 The Competition Commission has approved the proposed merger whereby Brother Industrial South Africa (Brothers SA) wants to acquire Lanxess CISA and the chrome chemicals business of Lanxess SA. Brothers SA was established by the Brother Group to effect the transaction. The group is involved in... 

Sisulu moves to intervene in QwaQwa water crisis

By: Natasha Odendaal     24th January 2020 Human Settlements, Water and Sanitation Minister Lindiwe Sisulu has promised immediate interventions to address the extensive and prolonged water challenges in QwaQwa, in the Free State. Several initiatives were tabled for immediate action, with Sisulu planning to assess the progress within six... 

South African wine industry bullish despite tough environment

By: Tasneem Bulbulia     24th January 2020 The South African wine industry expects 2020 to be a difficult year, but remains hopeful that it will be able to build on some of the momentum gained in 2019 to overcome major challenges.   

Motsepe joins WEF board of trustees

By: Marleny Arnoldi     24th January 2020 The World Economic Forum (WEF) has asked International Monetary Fund MD Kristalina Georgieva and African Rainbow Minerals chairperson Patrice Motsepe to join its board of trustees. The WEF said in a statement on Friday that both Georgieva and Motsepe have a record of thought leadership and... 

Motsepe joins WEF board of trustees
Photo by Creamer Media
ARM chairperson Patrice Motsepe

Applications open for leadership development programme

By: Tasneem Bulbulia     24th January 2020 Gauteng innovation agency, the Innovation Hub, has called on young South Africans to take part in the CoachLab Leadership and Business Skills Development Programme. CoachLab is a youth skills development programme managed by the Innovation Hub in collaboration with industry partners, government... 

South African, Chinese researchers jointly make quantum communications breakthrough

By: Rebecca Campbell     24th January 2020 A joint team composed of researchers from South Africa’s University of the Witwatersrand (Wits), in Johannesburg, and China’s Huazhang University of Science and Technology (HUST) in Wuhan, has successfully demonstrated the transmission of “multiple quantum patterns of twisted light” down a 250... 

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      24th January 2020 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Engineering News iPhone and Android Apps available for free download

Mboweni: Investors at Davos most worried about Eskom, fiscal sustainability 

By: News24Wire      24th January 2020 Investors' key concerns about South Africa at the World Economic Forum in Davos, Switzerland were Eskom and fiscal sustainability, Finance Minister Tito Mboweni has said. Speaking at a press conference at the WEF, Mboweni said the South African delegation had nonetheless had "many fruitful... 

 Mboweni: Investors at Davos most worried about Eskom, fiscal sustainability
Photo by World Economic Forum/Greg Beadle
Finance Minister Tito Mboweni

Pay or we switch off the lights, Eskom warns West Rand power suppliers

By: News24Wire      24th January 2020 Eskom has warned that it will disconnect supply to Westrand Power Distributors owing to unpaid bills amounting to over R18-million. The power disconnection would affect areas such as Krugersdorp, Roodepoort, Randfontein and Riverlea. Eskom senior manager for customer service, Daphne Mokwena,... 

 Pay or we switch off the lights, Eskom warns West Rand power suppliers

Sustainability, investment and digitalisation top agenda at 2020 Indaba

By: Simone Liedtke     24th January 2020 The organising team of the 2020 iteration of the Investing in Africa Mining Indaba notes an increased appetite for engagement within the African mining sector, particularly for discussions around sustainability. Media company Hyve Group content head Tom Quinn says this is evidenced by the... 

Sustainability, investment and digitalisation top agenda at 2020 Indaba

AMSA warns of big 2019 loss, as it sheds more than 1 000 jobs

By: Terence Creamer     23rd January 2020 JSE-listed steel producer ArcelorMittal South Africa (AMSA) warned on Thursday that it would swing back into a large lossmaking position following an “exceptionally difficult” 2019 financial year, which the company described as the most challenging for the steel industry since the Global... 

AMSA warns of big 2019 loss, as it sheds more than 1 000 jobs
Photo by Creamer Media
Wind-down of Saldanha Works (pictured) anticipated to be largely completed by the end of the first quarter

South African CEOs expect slower global economic growth  

By: Marleny Arnoldi     23rd January 2020 A mere 14% of South African CEOs were very confident about their 12-month revenue prospects this year, compared with 18% last year, while 27% of CEOs globally said they were very confident in their own organisation’s growth prospects. This aligned with the view of 44% of South African CEOs that... 

PwC SA CEO Dion Shango discusses upskilling as a pertinent issue that CEOs globally face

RBCT coal exports decline again 

By: Martin Creamer     23rd January 2020 South Africa’s Richards Bay Coal Terminal on Wednesday reported a decline in coal exports for the second consecutive year. The private-sector-owned terminal, which works hand in glove with the State-owned Transnet Freight Rail and Transnet National Ports Authority, exported 72.5-million tonnes... 

RBCT coal exports decline again
Photo by RBCT
The Richards Bay Coal Terminal in KwaZulu-Natal

Recovery of global economic growth remains sluggish, despite stabilising 

By: Simone Liedtke     23rd January 2020 The recovery of global economic growth remains sluggish, even though it has stabilised, with the slowdown in the US and China expected to be more than offset by improvement in some of the large emerging markets, the UK and the Euro region, says integrated insurance solutions provider Alexander... 

Recovery of global economic growth remains sluggish, despite stabilising
Photo by Creamer Media's Donna Slater
(Left to Right) Lebo Thubisi, Isaah Mhlanga and Gyongyi King

GEC launches programme to accelerate reform for a green economy

By: Tasneem Bulbulia     23rd January 2020 The global economy is not fit for purpose and is a direct cause of social and environmental breakdown, the Green Economy Coalition (GEC) warned on Thursday, as it launched a programme in Davos, Switzerland, where the World Economic Forum is being held, to assess and accelerate policies for reform... 

Blue Label expects half-year earnings improvement

By: Natasha Odendaal     23rd January 2020 JSE-listed Blue Label is optimistic of a more than 20% increase in half-year earnings. Basic, headline and core headline earnings per share (HEPS) for the six months ended November 30, 2019, are expected to improve by 2.52c, 3c and 2.28c. 

Electricity shortfall worse than previously thought 

23rd January 2020 Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about a new report released by the Council for Scientific and Industrial Research that shows that the country’s electricity supply shortfall for the next three years is likely to be worse than previously expected... 

Electricity shortfall worse than previously thought

SA water situation improves slightly

By: Natasha Odendaal     23rd January 2020 South Africa’s water situation is starting to see improvement as rains boosted overall dam levels from 60.2% last week to 61.2% this week. A weekly report by the Department of Water and Sanitation (DWS) shows that dam levels in the drought-stricken Eastern Cape have improved from 46.4% last week... 

SA cannot dodge a downgrade this year, says Alexander Forbes 

By: News24Wire      23rd January 2020 South Africa will not be able to dodge a credit rating downgrade from Moody’s this year, because the changes it has promised to make are difficult, and it’s not even displaying a concerted effort to achieve them, Alexander Forbes chief economist Isaah Mhlanga said on Thursday. The country’s... 

 SA cannot dodge a downgrade this year, says Alexander Forbes

Angola closes in on Africa’s richest woman with Sonangol inquiry

By: Bloomberg     23rd January 2020 Isabel dos Santos has been named as a suspect in an investigation over alleged mismanagement during her time as chairwoman of Sonangol, Angola’s State oil company, a position she was appointed to by her father, ex-President Jose Eduardo dos Santos. Four others were also named on state TV late... 

Bailout delay leaves SAA on brink of collapse

By: Bloomberg     23rd January 2020 South African Airways said “time is of the essence” for the government to provide a pledged cash injection if the loss-making national carrier is to continue flying. The National Treasury agreed last month to give the airline R2-billion as part of the terms of its bankruptcy protection, but has... 

Bailout delay leaves SAA on brink of collapse

Struggling GDP growth, policy uncertainty top concerns for pessimistic South African CEOs – report

By: News24Wire      23rd January 2020 South African CEOs are far more worried than their international peers about uncertain economic growth, policy uncertainty and social instability, according to a new report by PwC. The results stem from PwC's 23rd Annual Global CEO Survey, which included interviews with 1 581 CEOs from around the... 

Struggling GDP growth, policy uncertainty top concerns for pessimistic South African CEOs – report

Cable ship en route to fix damaged undersea cables

By: Tasneem Bulbulia     23rd January 2020 Cable ship Leon Thevenin departed Cape Town Harbour on Wednesday night and will sail to offshore Angola where the first steps of the physical repair on damaged undersea cables – South Atlantic 3/West Africa Submarine Cable (SAT3/WASC) and the West African Cable System (WACS) – will begin. The... 

East London port increasing in popularity

By: Tasneem Bulbulia     23rd January 2020 South Africa’s only river port, the Port of East London, is increasing in popularity as a cruise port with 14 cruise liner calls this season – the most calls it has ever received in a single season. The growth this season is mainly driven by the addition of the AIDAmira, which is on her first... 

East London port increasing in popularity
AIDAmira

Wind sector calls for IRP 2019 to be implemented

By: Tasneem Bulbulia     23rd January 2020 The South African Wind Energy Association (SAWEA) says the wind industry supports government’s plans to reconsider how energy is supplied in South Africa, so that the electricity generation system can evolve and adapt to fit the country’s rising energy demand. However, it asserts that the... 

CDC unveils $100m trade finance agreement with Absa

By: Tasneem Bulbulia     23rd January 2020 Impact investor for Africa and South Asia CDC Group has announced the signing of a $100-million trade finance loan agreement with financial services provider Absa Bank. The fresh injection of finance will be deployed by Absa and its affiliates in 12 countries to support trade transactions... 

Government struggling to convince banks to loan SAA billions 

By: News24Wire      23rd January 2020 Government is struggling to borrow R2-billion from reticent banks, with Public Enterprises Minister Pravin Gordhan saying members of his ministry are working their “backs off” to ensure the airline survives. At the weekend, the African National Congress national executive committee agreed to keep... 

 Government struggling to convince banks to loan SAA billions

SAA business rescue adds to SA Express financial woes – court papers

By: News24Wire      23rd January 2020 The fact that national carrier SAA has been placed in business rescue is risking the viability of another State-owned airline, SA Express, according to court documents filed last week. Transport and logistics company Ziegler has filed an urgent court application to place SA Express under business... 

South Africa improves in corruption index but still has serious problems – report  

By: Sane Dhlamini     23rd January 2020 Despite its score advancing a notch in the Corruption Perceptions Index, from 43 to 44, South Africa still ranks among countries that are deemed to have a serious corruption problem. Corruption Watch executive director David Lewis said this year’s report highlighted the importance of the... 

South Africa improves in corruption index but still has serious problems – report
Corruption Watch executive director David Lewis

Eskom, Treasury seek renewal of $1bn loan facility

By: Bloomberg     23rd January 2020 Eskom Holdings and South Africa’s National Treasury are in talks with banks to renew a R15-billion government-guaranteed loan facility that the indebted state power utility announced in February last year. While the lenders are reluctant to renew the facility given the parlous state of Eskom’s... 

Auto industry seen consolidating as falling demand, higher costs bite

By: Reuters     23rd January 2020 The auto industry faces further consolidation and jobs will migrate to lower-cost countries as companies struggle to develop cleaner vehicles in an economic downturn, European Auto Industry (ACEA) president Mike Manley said on Wednesday. Tighter emission rules introduced in the wake of... 

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