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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 extension for the concurrent second battery... 


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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... 


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... 


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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... 


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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... 


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Magazine

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024

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

COPPER IN FOCUS: There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but also a world economy undergoing an energy transition. If successful, the deal, which would exclude Anglo’s South African iron-ore and platinum assets, would create the world's biggest miner of copper, seen being produced here at Anglo’s Quellaveco mine in Peru. Photograph: Reuters
COPPER IN FOCUS

There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but... 

Photo of Martin Creamer
South Africa simply must get mineral exploration going again at pace

South Africa’s Exploration Plan, released in 2022, set an ambitious target of raising South Africa’s share of global exploration dollars  from below the 1% where it is now to 5% in as many years.... 

Photo of Terence Creamer
Coalitions and reform

With the 2024 election days away, attention is turning to the governance arrangements that will prevail nationally and in key battleground provinces following the poll and what these outcomes will... 

Business Leader

Denzil Steyn, MD of Intellisec South Africa
Denzil Steyn

This week we profile Denzil Steyn, MD of Intellisec South Africa, which installs smart site management systems to reduce costs, increase security and manage production and site facilities on a... 

HEAT IS ON
HEAT IS ON

Reaction to BHP’s bid price for Anglo American may be cool, but it has definitely ignited renewed interest in mega mining mergers. It has also brought to the fore the importance of copper to the... 

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