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Power lines
All conditions met for separation of NTCSA, but April deadline for full operationalisation missed
4th April 2024 By: Terence Creamer

All the suspensive conditions opening the way for the National Transmission Company of South Africa (NTCSA) to be constituted as a separate, distinct and wholly-owned subsidiary of Eskom Holdings... 


SA has debt, growth problem – economist
4th April 2024 By: Thabi Shomolekae

Rand Merchant Bank chief economist and head of research Isaah Mhlanga noted on Thursday that looking at the emerging economies of neighbouring countries, it is quite clear that South Africa’s... 


Zithulele District Hospital under construction
Coega Development Corporation has implemented R48bn worth of infrastructure since 2004
4th April 2024 By: Darren Parker

The Coega Development Corporation (Coega) says it has successfully implemented infrastructure projects to an accumulative value of about R48-billion since the inception of its development programme... 


Mattiq Product Management Head Dr Mike Ashley.
New electrochemical PGMs demand on way, iridium scarcity fears eased still further
4th April 2024 By: Martin Creamer

A far-reaching new drive is under way to ease iridium scarcity still further and, especially in the short term, demand for platinum group metals (PGMs) from electrochemical processes is on the way.... 


IATA reports continued strong air passenger growth in February
4th April 2024 By: Rebecca Campbell

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported continued strong growth global air passenger demand in February,... 


TPT outlines actions to support 15% growth in citrus exports during 2024 season
TPT outlines actions to support 15% growth in citrus exports during 2024 season
4th April 2024 By: Terence Creamer

Transnet Port Terminals (TPT) reports that it has recruited 200 additional cargo coordinators and has set up dedicated lanes for refrigerated containers at all KwaZulu-Natal container terminals in... 


Consumers
Consumer spending growth in South Africa steadied in 2023, report shows
4th April 2024 By: Reuters

Consumer spending growth in South Africa steadied in 2023 after the previous year's post-pandemic surge, but expected interest rate cuts will encourage more purchases in 2024, executives from Visa... 


Image of bpSA CEO Taelo Mojapelo
DP World wins big as bpSA outsources its secondary transport ops
4th April 2024 By: Irma Venter

DP World will take over bp Southern Africa’s (bpSA’s) Cape Town, Johannesburg, Pretoria and Rustenburg logistics operations as the energy group has opted to outsource its secondary transport. In... 


Image of a PRASA station
PRASA restores five more rail corridors partially
4th April 2024 By: Irma Venter

The Passenger Rail Agency of South Africa (PRASA) says it has restored another five Metrorail corridors across Gauteng, KwaZulu-Natal and the Western Cape. These rail services were interrupted by... 


fossil fuel emissions
88% of global fossil fuel, cement CO2 emissions linked to 117 producers
4th April 2024 By: Darren Parker

A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can... 


Chickens and eggs
Chicken producer owned by the PIC seeks new debt
4th April 2024 By: Bloomberg

Daybreak Farms, a chicken company controlled by Africa’s biggest fund manager, plans to seek loans to stabilize operations and fix its balance sheet following years of mismanagement. The producer... 


The Microsoft logo outside its head office 0424 1022
Microsoft taking principles-based, collaborative approach to responsible AI
4th April 2024 By: Schalk Burger

Information technology multinational Microsoft has set out principles for the responsible use of artificial intelligence (AI) and has developed the second version of its responsible AI standards... 


Batandwa Damoyi appointed PIC CFO
4th April 2024 By: Tasneem Bulbulia

The Public Investment Corporation (PIC) has appointed Batandwa Damoyi as its new CFO. She is a chartered accountant, with more than 16 years of experience post articles in corporate finance. 


A Nordex wind turbine
Concrete towers selected for Impofu wind farm to bolster local content
4th April 2024 By: Terence Creamer

Enel Green Power South Africa has confirmed that the Nordex manufacturing facility being set up in Humansdorp, in the Eastern Cape, will produce concrete wind tower sections for the three new wind... 


IATA director-general Willie Walsh
IATA reports that strong air cargo growth continued in February
4th April 2024 By: Rebecca Campbell

Global air cargo traffic, in year-on-year terms, increased by double digits for the third month in a row, in February, the International Air Transport Association (IATA) has reported. IATA is the... 


Senegal's newly elected President Bassirou Diomaye Faye
Senegal's new president announces oil, gas and mining sector audit
4th April 2024 By: Reuters

Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised speech on Wednesday, while also reassuring investors... 


CEO Confidence Index drops to 45.4 owing to low planned investments
3rd April 2024 By: Schalk Burger

Business advisory company Merchantec Capital’s CEO Confidence Index decreased by three percentage points in the first quarter of this year to a score of 45.4, which is below the neutral 50-point... 


Satchwell PV module installation
Satchwell enters residential and light commercial PV solar, inverter, battery market
3rd April 2024 By: Sabrina Jardim

Satchwell – electromechanical equipment manufacturer ACTOM’s Paarl-based manufacturer and supplier of domestic and industrial products and components – has entered the solar power generation market... 


Livestock farm
Agriculture, fossil fuel burning the main reasons why Africa is emitting more carbon
3rd April 2024 By: Marleny Arnoldi

Research by University of the Witwatersrand (Wits) academics finds that Africa has moved from being a net carbon sink to a net carbon source in nine years, meaning the rate at which carbon is being... 


Chinese groups partner to deliver major solar energy power plant in South Africa
3rd April 2024 By: Rebecca Campbell

Chinese photovoltaic (PV) and energy storage systems company Trina Solar announced on Wednesday that it has entered a partnership with China Energy International Group and China Gezhouba Group to... 


At the ceremony confirming the selection of a preferred bidder for the Port of East London water desalination project are (from left): Norland Construction’s Jarl Heurlin, Impact Water Solutions’ Patrice Boyer, TNPA acting CEO Phyllis Difeto and Port of East London manager Sphiwe Mthembu
TNPA moves ahead with R60m seawater desalination project at Port of East London
3rd April 2024 By: Terence Creamer

South Africa’s State-owned Transnet National Ports Authority (TNPA) has awarded a R60-million contract for the construction of a water desalination plant at the Port of East London, the country’s... 


Bell Equipment Model 200 Grader
Bell Equipment advances contract manufacturing initiative
3rd April 2024 By: Marleny Arnoldi

Heavy equipment manufacturer Bell Equipment has been growing its business organically by investing in the development and enhancement of products, increasing market share in key regions, such as... 


IEA executive director Dr Fatih Birol
IEA strengthens collaboration with climate leaders as more commitments take shape
3rd April 2024 By: Marleny Arnoldi

After nearly 200 countries made major energy commitments at the COP28 climate summit in Dubai, the International Energy Agency (IEA) is taking a leading role in ensuring these promises are... 


New-vehicle sales plummet 11.7% in March
New-vehicle sales plummet 11.7% in March
3rd April 2024 By: Irma Venter

New-vehicle sales plummeted by 11.7% in March, to 44 235 units, compared with the same month last year. Sales for the first quarter of the year are now 5.3% below the same period last year. 


Flight tests of Rolls-Royce’s latest engine have started
3rd April 2024 By: Rebecca Campbell

UK-based global major power and propulsion systems group Rolls-Royce announced on Wednesday that it had started flight tests of its latest aero engine, the Pearl 10X. This has been developed... 


Coal station
South Africa coal-plant closure delays risk thousands of deaths
3rd April 2024 By: Bloomberg

Delays to the planned closures of coal-fired power plants proposed by South Africa’s energy department could result in thousands of deaths from air pollution and lead to billions of dollars of... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe names South African National Petroleum Company board, interim CEO
3rd April 2024 By: Terence Creamer

The inaugural board of the South African National Petroleum Company (SANPC) has been announced by Mineral Resources and Energy Minister Gwede Mantashe, who also confirmed Godfrey Moagi as the... 


South African Reserve Bank Governor Lesetja Kganyago
South African policymakers discussing lower inflation target – Kganyago
3rd April 2024 By: Reuters

South African policymakers are in discussions on lowering the central bank's inflation target, its governor said on Wednesday, adding that a lower target would make the country more competitive and... 


Standard Bank reduced its GHG emissions by 4.6% in 2023
3rd April 2024 By: Schalk Burger

Financial services firm Standard Bank has reduced the carbon emissions from its facilities across Africa by 4.6% year-on-year in 2023, putting the group ahead of its 2040 net-zerio target, says... 


Sasol president and CEO Simon Baloyi
Sasol streamlines its executive committee’s portfolios
3rd April 2024 By: Schalk Burger

JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions... 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


Policy uncertainty edging further into negative territory ahead of elections, report shows
3rd April 2024 By: Darren Parker

The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded... 


Masslift Africa launches Mitsubishi Forklift’s new Grendia series in South Africa
Masslift Africa launches Mitsubishi Forklift’s new Grendia series in South Africa
3rd April 2024

Forklift products and services provider Masslift Africa, in partnership with Mitsubishi Forklift Trucks, in March launched Mitsubishi’s new-generation Grendia forklift series for the Southern... 


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John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

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Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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