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Terence Creamer

Terence Creamer

Terence Creamer is the Editor of Engineering News and a Deputy Editor for Mining Weekly.

He also has editorial responsibility for Polity.org.za and Creamer Media's Research Channel Africa.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Growing domestic demand at heart of plan to create one-million manufacturing jobs

8th December 2017 The Manufacturing Circle released a plan on Friday outlining how South Africa could create a million jobs over a ten-year period through pursuing a series of reforms designed at stimulating demand for South African manufactured products and improving the investment climate. The 48-page document,... 

Speciality chemicals now core as Sasol transitions out of capex-heavy phase

8th December 2017 Chemicals and energy group Sasol is preparing to sell several assets, including its Canadian shale gas assets, following an overhaul of its corporate strategy, which eschews any further greenfield gas-to-liquids (GTL) investments in favour of smaller acquisitions and projects of between... 

Eskom’s ‘death spiral’ under the microscope

8th December 2017 A major topic of discussion during recent public hearings into Eskom’s 2018/19 revenue application, was whether a further double-digit tariff hike could trigger a “utility death spiral”, whereby rising tariffs and utility costs spark an exodus of energy-intensive customers from the network,... 

Forced self-correction

8th December 2017 I could not agree more with Energy Minister David Mahlobo’s recent Parliamentary reply, in which he stated that there was no longer a need to build large power generation units, owing to the availability of low-cost smaller generation alternatives. In response to Economic Freedom Fighters MP... 

No further IRP consultations as Cabinet approves plan and 27 renewables projects

7th December 2017 Energy Minister David Mahlobo reported on Thursday that Cabinet approved an updated Integrated Resource Plan (IRP) for electricity during a marathon 12-hour meeting on Wednesday and that the new plan would be published without any further public consultation. Briefing the media at an ‘Energy... 

Zuma promises ‘seamless’ ANC transition at energy indaba that sidesteps IRP debate

7th December 2017 President Jacob Zuma used his address at the Energy Indaba, taking place in Johannesburg this week, to assure business and investors that the upcoming African National Congress (ANC) elective conference would be “orderly and peaceful”, while promising a “seamless” handover to the new ANC... 

Kganyago concerned another big power tariff hike will trigger grid defections

6th December 2017 South African Reserve Bank governor Lesetja Kganyago has added his voice to a growing chorus of concern that South African businesses, and even high-income households, could defect from the electricity grid in numbers should Eskom prevail in its bid for a 19.9% tariff increase from April 1, 2018.... 

Nersa says special power deal for Silicon Smelters must start on July 1 or earlier

6th December 2017 The National Energy Regulator of South Africa (Nersa) has confirmed that a special pricing agreement (SPA) between Eskom and Silicon Smelters, which was approved in August, should commence no later than July 1, 2018, and continue for a maximum of two years. Silicon Smelters, a subsidiary of... 

Nersa shifts Eskom tariff decision to December 13

4th December 2017 The National Energy Regulator of South Africa (Nersa) confirmed on Monday that it would announce its decision on Eskom’s 2018/19 revenue application on December 13, instead of the December 7 date initially set for the determination. “The date has been changed due to more time being required to... 

Competition Amendment Bill moves to give teeth to market inquiry instrument

1st December 2017 Economic Development Minister Ebrahim Patel released the Competition Amendment Bill for public comment on Friday, indicating that he expects the proposed legislation to be placed before lawmakers during the first half of 2018. The amendments, which were drafted with the assistance of an expert... 

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