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Court rules nuclear plan unlawful, must be set aside

By: Reuters     Updated 3 hours ago South Africa's controversial push to build a fleet of new nuclear plants suffered a setback on Wednesday after the High Court set aside the procurement process and a pre-agreement with Russia. South Africa, which has the continent's only nuclear power station, has asked power utility Eskom to... 

Court rules nuclear plan unlawful, must be set aside

M&R a co-applicant with GE in dispute with Eskom over Duvha contract

By: Terence Creamer     Updated 1 hour 8 minutes ago Murray & Roberts (M&R) has confirmed that it is a coapplicant with GE’s in court bid to prevent Eskom from implementing a contract with Dongfang Electric Corporation for the Duvha Unit 3 boiler recovery project. The 600 MW boiler was damaged catastrophically in March 2014 as a result of over... 

LNG-focused energy firm pursuing ‘diversified’ African investment pipeline

By: Terence Creamer     Updated 2 hours 18 minutes ago Black-empowered energy company African Energy Partners (AEP), which plans to list as a special purpose acquisition company on the JSE’s AltX board on June 1, to raise up to R500-million to pursue liquefied natural gas (LNG) prospects in Africa, reports that its investment pipeline includes a... 

LNG-focused energy firm pursuing ‘diversified’ African investment pipeline
AEP CEO Edwin Kikonyogo

South Africa considers strategic grain reserve as possible El Nino looms – Zokwana

By: Reuters     Updated 2 hours 12 minutes ago South Africa, the continent's biggest maize producer, hard hit by an El Nino-triggered drought last year, is considering a strategic reserve as a buffer against future shortages, its agriculture minister told Reuters. Neighbouring countries such as Zimbabwe and Zambia have such reserves, but it... 

SAA pleads with customers to ‘bear with it’ as cabin crew strike intensifies

By: African News Agency      Updated 1 hour 53 minutes ago South African Airways (SAA) on Wednesday pleaded with its customers and stakeholders to “bear with it” amid operational delays and flight cancellations due to industrial action by members of its cabin crew. Around 200 flight attendants have gathered outside the SAA head office in Kempton Park in... 

Blue Label appoints COO for South African operations

By: Mia Breytenbach     Updated 2 hours 24 minutes ago JSE-listed Blue Label has appointed Wayne McCauley as COO of its South African operations.  He will be responsible for developing, implementing and managing corporate and business strategies and will report to joint CEOs Mark and Brett Levy. “We welcome Wayne to our rapidly expanding South... 

South Africa launches public debate on possible wealth tax 

By: Reuters     Updated 4 hours ago A committee set up to review South Africa's tax system on Tuesday launched a public debate on one of the most controversial possible moves on its agenda – a wealth tax. The Davis Tax Committee (DTC) announced it was inviting submissions from South Africans on whether the government should... 

Yum to open 10 Ethiopian Pizza Huts in African expansion

By: Reuters     Updated 3 hours ago US fast-food giant Yum Brands has signed a deal with Ethiopia's Belayab Foods and Franchise to open ten Pizza Hut restaurants in the Horn of Africa country as part of an expansion on the continent. Pizza Hut will be the first major restaurant franchise to open an outlet in Ethiopia, Africa's... 

Job losses loom at troubled Marula – Implats

By: Martin Creamer     Updated 1 hour 58 minutes ago Despite ongoing engagement between all stakeholders to restore operational continuity and secure the financial sustainability of the Marula platinum operation, continued community protest action and persistently low metal prices have now necessitated a fundamental restructuring of the business to... 

Job losses loom at troubled Marula – Implats
Photo by Duane Daws
Acting Implats CEO Gerhard Potgieter

CNC Machines to produce components for isotope separation facility 

     Updated 2 hours 3 minutes ago Machine component manufacturer Precision Separators will be manufacturing and producing components for a medical isotope facility in Pretoria.  

CNC Machines to produce components for isotope separation facility

GWEC expects recovery in deployment of South African wind projects 

     Updated 4 hours ago Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the Global Wind Energy Council’s latest forecast for growth in wind energy capacity in South Africa and the rest of Africa. 

GWEC expects recovery in deployment of South African wind projects

Now US shareholders give nod to Sibanye deal

By: Martin Creamer     Updated 4 hours ago The requisite majority of Stillwater shareholders in the US have approved the acquisition by Sibanye of the entire issued share capital of Stillwater Mining Company. The voting took place a day after Sibanye shareholders gave their overwhelming approval to the transaction that is expected to... 

Now US shareholders give nod to Sibanye deal
Photo by Duane Daws
Sibanye CEO Neal Froneman

Shongweni landfill site owners get death threats  

By: News24Wire      25th April 2017 Shongweni landfill site owners EnviroServ – accused of being responsible for a "big stink" which is making people sick – says its officials and their families are being intimidated and harassed and have been forced to up security at their homes after receiving threats of abduction and even death.... 

Sibanye’s Stillwater buy wins strong shareholder support

By: Martin Creamer     25th April 2017 Shareholders have voted overwhelmingly in favour of Sibanye acquiring Stillwater, the US platinum group metals (PGMs) company. The number of shares that voted in favour of the proposed deal made up 83% of Sibanye’s total issued share capital. 

Sibanye’s Stillwater buy wins strong shareholder support
Photo by Duane Daws
Sibanye CEO Neal Froneman

DA launches court bid to force Zuma to reveal reasons for Cabinet reshuffle

By: African News Agency      25th April 2017 The Democratic Alliance on Tuesday filed an urgent application with the Pretoria High Court to compel President Jacob Zuma to reveal his reasons for last month’s sweeping Cabinet reshuffle. The head of the party’s federal executive, James Selfe, said the application went hand in hand with the... 

End to Eskom ‘stalemate’ will unleash wind market in 2017 – GWEC

By: Terence Creamer     25th April 2017 The Global Wind Energy Council (GWEC) expects a recovery in the deployment of wind projects in South Africa, following a hiatus in 2016 brought about by Eskom’s refusal to enter into power purchase agreements (PPAs) for renewable-energy projects procured in 2015. In its ‘Global Wind Report:... 

End to Eskom ‘stalemate’ will unleash wind market in 2017 – GWEC

Zuma again stresses drive for ‘radical economic transformation’ at launch of Free State SEZ

By: Anine Kilian     25th April 2017 The 103 ha Maluti-A-Phofung Special Economic Zone (MAP-SEZ) in Harrismith, in the Free State, forms an important part of government’s SEZ Programme, which is aimed at ensuring excluded areas of the country are developed and able to contribute to the country’s economic growth. Speaking at the... 

Zuma again stresses drive for ‘radical economic transformation’ at launch of Free State SEZ
Photo by Duane Daws
President Jacob Zuma and Trade and Industry Minister Dr Rob Davies

Anglo commits to innovative mining that’ll keep people out of harm’s way

By: Martin Creamer     25th April 2017 Keeping people out of harm’s way, extracting more precious ore and less waste rock, recycling all the required water and producing only dry tailings are among the innovative steps diversified mining company Anglo American is firmly committed to taking.  “The real future of mining lies in turning... 

Anglo commits to innovative mining that’ll keep people out of harm’s way
Anglo American Chairperson Sir John Parker

Rosatom to aid IAEA in developing atomic infrastructures in new nuclear countries

By: Keith Campbell     25th April 2017 Russia’s national atomic energy group Rosatom and the International Atomic Energy Agency (IAEA) have concluded a Contribution Agreement, under which the group will help fund IAEA nuclear infrastructure development programmes, Rosatom announced on Tuesday. These programmes assist countries seeking... 

Metrobus implements improved operating hours on OR Tambo-Joburg CBD route

By: African News Agency      25th April 2017 Johannesburg Metrobus announced on Tuesday that it has implemented improved operating times on the OR Tambo International Airport route during off-peak hours to connect commuters with airlines. “Passengers travelling to and from OR Tambo International Airport will find the additional bus services... 

Reserve Bank’s leading business cycle indicator up 1.1% in February

By: African News Agency      25th April 2017 The South African Reserve Bank said on Tuesday its composite leading business cycle indicator increased by 1.1% on a month-to-month basis in February 2017. “Six of the ten component time series that were available for February 2017 increased, while four decreased,” the bank said. 

SAA, Hawaiian Airlines strike deal

By: African News Agency      25th April 2017 South African Airways on Tuesday said it had struck a deal with Hawaii’s largest and longest serving carrier, providing new, convenient flight options for travel between the Hawaiian Islands and Southern Africa. “This new interline partnership enables SAA and Hawaiian Airlines to broaden their... 

Ekurhuleni sets aside R12bn to assist youth owned businesses and SMMEs

By: African News Agency      25th April 2017 The Mayor of Ekurhuleni Mzwandile Masina on Tuesday said the city has set aside R12-billion to ensure youth owned businesses and small, medium-sized and microenterprises (SMMEs) to reposition themselves as capable and preferred service providers to government. “The money will be ring-fenced to... 

Cairo 'cargotecture' company transforms shipping containers into homes

By: Reuters     25th April 2017 An Egyptian design duo has begun re-purposing old steel shipping containers, transforming them into living spaces, shops and restaurants in an effort to introduce residents of overcrowded Cairo to cheaper and more versatile properties. Qubix, a year-old company founded by Youssef Farag and Karim... 

LNG-focused energy aspirant plans June listing on AltX

By: Terence Creamer     25th April 2017 A black-empowered energy company, with a specific focus on liquefied natural gas (LNG), intends listing as a special purpose acquisition company on the JSE’s AltX board in June. African Energy Partners Limited (AEP) will seek to raise up to R500-million to help fund its first “viable... 

Six new prospecting licences awarded to Botswana Diamonds

By: Martin Creamer     25th April 2017 London Aim-listed Botswana Diamonds on Tuesday announced that its joint venture (JV) with the large Russian diamond company, Alrosa, had been awarded of six new prospecting licences in Botswana.   Four are in the Central Kalahari Game Reserve (CKGR) and two are in the Orapa kimberlite province... 

Six new prospecting licences awarded to Botswana Diamonds
Botswana Diamonds chairperson John Teeling

Tsogo Sun invests R220m in new Maputo hotel

By: Creamer Media Reporter      25th April 2017 Construction has started on Tsogo Sun’s new R220-million, 125-room StayEasy Maputo hotel, in Mozambique. The hotel, which will be completed by April 2018, is being built as part of a mixed-use development and will be located above the new Baia Mall that is under construction. 

Tsogo Sun invests R220m in new Maputo hotel

Africa urged to transform dependence on commodities

By: African News Agency      25th April 2017 Even as the world emerges from the worst of the global commodity price meltdown, African countries were urged on Tuesday to make the most of the next upward cycle to diversify and industrialise away from over-reliance on exports of raw materials. In a statement, Dr Martyn Davies, Deloitte... 

Afrimat expects higher FY earnings

     25th April 2017 Construction materials producer Afrimat expects its earnings a share to rise by 22% to 27% to between 190.6c and 198.4c for the financial year ended February 28. Headline earnings a share are also expected to rise by 22% to 27% to between 191.1c and 198.9c. 

Eskom connects more households to the grid

By: Megan van Wyngaardt     25th April 2017 State-owned electricity provider Eskom has connected 47 402 more households across the Eastern Cape to the electricity grid during the financial year ended March 31, at a cost of R830-million. Further, in Mpumalanga, over 120 households in kaMajika near Hazyview received electricity in their area... 

Herbert Smith Freehills to launch legal learnership programme in Johannesburg

By: Megan van Wyngaardt     25th April 2017 Global law firm Herbert Smith Freehills (HSF) is set to extend its innovative Alternative Legal Services (ALT) business to Johannesburg. The business will combine a mix of legal expertise, process efficiency and technology to handle high-volume or document-intensive work more efficiently and cost... 

Herbert Smith Freehills to launch legal learnership programme in Johannesburg

DA wants National Treasury to blacklist companies involved with Nkandla upgrades

By: African News Agency      25th April 2017 The leader of the Democratic Alliance (DA) Mmusi Maimane on Tuesday said not a single one of the 14 companies involved in the scandalous upgrades at Nkandla has been blacklisted, or “placed on the restricted supplier database”. “The Minister of Public Works Nathi Nhleko has revealed that 8 of the... 

DA wants National Treasury to blacklist companies involved with Nkandla upgrades
Photo by Duane Daws
DA leader Mmusi Maimane

Western Cape to grow business ties with incoming French government

By: African News Agency      25th April 2017 The Western Cape Investment and Trade and Promotion Agency (Wesgro) said on Monday it was closely monitoring the remaining leg of the first round of France’s most contested and controversial election with the aim of growing business ties with France and the European Union (EU). Widely considered... 

88 days of water left in Cape Town

By: News24Wire      25th April 2017 The City of Cape Town on Monday said the city's feeder dams only have enough water for another 88 days. The city asked residents to decrease city water usage to 600-million litres per day. Previously the city’s target was to have consumption below 700-million litres per day. 

ANC to introduce amended land claims bill in May

By: Reuters     25th April 2017 The African National Congress (ANC) will introduce an amended land rights bill in parliament in May after the top court declared invalid a law that re-opened a process for blacks to make claims on land taken from them during white-minority rule. The Restitution of Land Rights Bill, allowing state... 

ANC to introduce amended land claims bill in May

Construction of M1 Oxford, Federation bridges to enter final phase

By: Anine Kilian     24th April 2017 The Johannesburg Roads Agency (JRA) on Monday said construction upgrades on the M1 freeway’s Oxford and Federation bridges will enter the third and final phase in May. The R127-million project is 75% complete, with the majority of fill and stabilisation of underground conditions completed on the... 

Construction of M1 Oxford, Federation bridges to enter final phase

LPG industry urged to act on non-binding market inquiry findings 

By: Terence Creamer     24th April 2017 South Africa’s Competition Commission has made far-reaching, yet non-binding, recommendations for dealing with prevailing “market distortions” in the domestic liquid petroleum gas (LPG) sector following its first-ever market inquiry, which took nearly three years to complete. The report... 

LPG industry urged to act on non-binding market inquiry findings
Photo by Duane Daws
Commissioner Tembinkosi Bonakele and Minister Ebrahim Patel

Auditor General findings on water department disturbing – Outa

By: Megan van Wyngaardt     24th April 2017 The Organisation Undoing Tax Abuse (Outa) is investigating alleged abuse of capital grants, which were intended to address the dire situation of South Africa’s increasingly threatened natural water resources, following “disturbing” findings by the Auditor General (AG) in a special performance... 

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