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Legislative Environment

Treasury gazettes new VAT regulations for valuable metal vendors
14th June 2022 By: Darren Parker

The National Treasury this week gazetted the Regulations on Domestic Reverse Charge Relating to Valuable Metal, which is meant to serve as an anti-abuse measure aimed at foreclosing schemes and... 


Better assessment needed to overcome future crises – BLSA
13th June 2022 By: Donna Slater

In responding to crises on local soil, South Africa needs to ensure all collaborators have sufficient capacity to engage and plan for joint action, says Business Leadership South Africa CEO Busi... 


cement handling in plant
New cement production capacity in Africa might be preferable to high transport costs
10th June 2022 By: Darren Parker

The rapidly rising cost of transport means that adding additional cement production capacity in Africa might be worth considering going forward. Before the outbreak of Covid-19, a long-term decline... 


Eskom logo
Eskom’s wage talks raise unions’ ire as dialogue hits stalemate
10th June 2022 By: Bloomberg

Talks between South Africa’s beleaguered power utility Eskom and its biggest labour unions on wages have reached a stalemate, the latest crisis for the utility that’s struggling to boost... 


Doris Tshepe appointed new Competition Commissioner
10th June 2022 By: Tasneem Bulbulia

Trade, Industry and Competition Minister Ebrahim Patel has announced the appointment of Doris Tshepe as the new Competition Commission Commissioner. Cabinet was briefed on the decision on June 8... 


WoodMac’s Maade expects economy to bounce back in 3 years if risks are mitigated
2nd June 2022 By: Darren Parker

Despite the most aggressive policy tightening cycle in decades, research and consulting firm Wood Mackenzie (WoodMac) metals and mining markets head Derryn Maade has said the global economy is... 


New MEIBC agreement guided by inputs from employers’ organisation
30th May 2022 By: Darren Parker

The Consolidated Employers’ Organisation (CEO) has secured a “landmark” victory for its members after lengthy discussions with other stakeholders at the Metal and Engineering Industries Bargaining... 


Former Transnet CEO Siyabonga Gama
More arrests expected in corruption case against Gama and other ex-Transnet officials
27th May 2022 By: News24Wire

Former Transnet CEO, Siyabonga Gama, who is among the five people accused of R93-million fraud and corruption in a case relating to the procurement of 1 064 locomotives by the State-owned freight... 


Former Transnet CEO Siyabonga Gama
Former Transnet CEO Siyabonga Gama arrested
27th May 2022 By: News24Wire

Five former Transnet officials have been arrested by the Hawks and the National Prosecuting Authority's Investigating Directorate on Friday morning on charges of fraud, corruption and money... 


NUMSA members striking
Labour Court scuppers AMSA’s attempts to squash Numsa strike
24th May 2022 By: Darren Parker

The National Union of Metalworkers of South Africa (Numsa) has welcomed the decision of the Labour Court to dismiss the application by steel producer Arcelormittal South Africa (AMSA) to interdict... 


Alexforbes Investments CEO Ann Leepile
Alexforbes launches new transformation policy
19th May 2022 By: Darren Parker

Financial services company Alexforbes Investments launched its new transformation policy on May 19. The policy launch took place in conjunction with the publication of the company’s new... 


President Cyril Ramaphosa
Ramaphosa tables fourth part of Zondo report, Parliament to start working on published parts
18th May 2022 By: News24Wire

President Cyril Ramaphosa tabled the fourth part of the State Capture Inquiry's report with Parliament on Tuesday - and, in a turnaround from the African National Congress's previous stance,... 


Input into draft National Labour Migration Policy, Employment Services Bill requested
16th May 2022 By: Donna Slater

The Mpumalanga Department of Employment and Labour is inviting stakeholders to make inputs at a May 19 workshop on the draft National Labour Migration Policy (NLMP) and the Employment Services (ES)... 


Forestry, Fisheries and the Environment Minister Barbara Creecy
Creecy issues call for air quality appeals panel nominees
13th May 2022 By: Darren Parker

Forestry, Fisheries and the Environment Minister Barbara Creecy has initiated the process to appoint an expert panel in terms of Section 3 of the National Environment Management Act, to advise her... 


Stats SA given R2.8bn for current financial year
10th May 2022 By: Donna Slater

Minister in the Presidency Mondli Gungubele reports that through the 2022/2023 budget vote for Statistics South Africa (Stats SA), the entity will, over the medium-term expenditure framework... 


Flood damage to roads in KZN
New infrastructure vulnerable to climate change owing to mismanagement, corruption
10th May 2022 By: Darren Parker

New infrastructure was just as vulnerable to climate change as ageing infrastructure, said South African Local Government Association (Salga) senior climate change adviser Slindile Maphumulo on May... 


Groups welcome expiry of enviro authorisation for proposed coal-fired power station
10th May 2022 By: Donna Slater

The Pretoria High Court confirmed, on May 3, that the environmental authorisation for the planned 600 MW KiPower coal-fired power station had expired, meaning the proposed power station cannot be... 


ECSA elects its first female president
6th May 2022 By: Darren Parker

The Engineering Council of South Africa (ECSA) elected its first female president Refilwe Buthelezi following the sixth term council special meeting on May 5. ECSA has not had a female president... 


NPA, Eskom meet to collaborate on State capture and organised crime
6th May 2022 By: Donna Slater

The National Prosecuting Authority (NPA), led by National Director of Public Prosecutions Advocate Shamila Batohi and Eskom CEO André de Ruyter met on May 5 to discuss appropriate collaboration on... 


Nersa to hold public hearings on municipal tariff benchmarks in May
6th May 2022 By: Darren Parker

The National Energy Regulator of South Africa (Nersa) will approve its yearly percentage guideline increase and review municipal tariff benchmarks at a public hearing on May 13. This follows the... 


City of Jhb clamps down on construction of illegal structures
6th May 2022 By: Darren Parker

Over the past four months, from January to April, the City of Johannesburg’s Department of Development Planning has issued almost 300 compliance notices to property owners who have erected illegal... 


Public bus
Unions in passenger bus wage talks ink 6% wage deal
6th May 2022 By: News24Wire

The South African Road Passenger Bargaining Council (Sarpbac) has announced that unions at the passenger bus wage talks have accepted a 6% wage offer and signed a deal with employers in the sector.... 


Competition practice note published to improve conduct, entry barriers, inclusivity
4th May 2022 By: Donna Slater

The Competition Commission published a practice note on the Promotion of Competition and Inclusion in Supplier Panels of Banks and Insurers on February 28, building on the enforcement and advocacy... 


Former SAA board chairperson Dudu Myeni
Sick Dudu Myeni no-show in court, warrant of arrest issued against former SAA board chair
4th May 2022 By: News24Wire

An illness kept former South African Airways board chairperson Dudu Myeni away from court on Wednesday, forcing a second postponement of her case relating disclosure of the identity of a protected... 


BLSA CEO Busi Mavuso
Mavuso warns State’s potential new powers could be abused
3rd May 2022 By: Darren Parker

The State’s potential new powers that could arise from a permanent ratification into law of various Covid-19 regulations beyond the state of national disaster can be abused, warned Business... 


CBE CEO Msizi Myeza
CBE calls for changes in approach to urban development
26th April 2022 By: Darren Parker

Following the mid-April flooding in KwaZulu-Naal that caused widespread damage and killed more than 400 people, the Council for the Built Environment (CBE) has called for new ways of tackling urban... 


PCC Secretariat executive director Dr Crispian Olver
Clean coal a ‘figment of the imagination’, says Olver
26th April 2022 By: Darren Parker

The concept of clean coal is a figment of the imagination, according to science, said Presidential Climate Commission (PCC) Secretariat executive director Dr Crispian Olver on April 26. “There is... 


Pesticides, batteries and lubricants producer responsibility consultation process starts
20th April 2022 By: Schalk Burger

Forestry, Fisheries and the Environment Minister Barbara Creecy has started a consultation process with regard to the requirement of the pesticides, batteries and lubricant oils sectors to... 


Wind farm in South Africa
RMB CEO calls for localisation rules to be waived to catalyse transition to renewables
19th April 2022 By: Schalk Burger

Financial services firm RMB CEO James Formby says South Africa urgently needs a “megawatts first” policy and that localisation rules, which make renewable energy more expensive, should be waived.... 


Sacci urges govt to do everything possible to assist KZN flood victims
14th April 2022 By: Donna Slater

The South African Chamber of Commerce and Industry (Sacci) urges government to do “everything in its power” to assist KwaZulu-Natal businesses impacted by the recent flooding. Sacci also... 


Salba questions overarching powers granted to Health Minister to handle pandemic
13th April 2022 By: Donna Slater

The South African Liquor Brandowners Association (Salba) is concerned that the government’s lifting of its state of disaster, and alternative proposal to handle the pandemic through the regulations... 


Business Leadership South Africa CEO Busi Mavuso
Mavuso notes positive signs of increased investment in South Africa
11th April 2022 By: Darren Parker

A recent uptick in the frequency of meetings between foreign companies and relevant government departments were encouraging because such meetings typically preceded investment in the country,... 


Engineering News and Mining Weekly cover image
Retaining refining capacity could pose long-term risks for South Africa
8th April 2022 By: Darren Parker

South Africa’s oil refining capacity has always been rather small when considered on a global scale, but there was some sense of national pride and of security in knowing that the country could... 


SARB notes benefits, risks in using distributed ledger technology
6th April 2022 By: Schalk Burger

The South African Reserve Bank (SARB) on April 6 released a report on its financial technology research project Project Khokha 2 (PK2), which looked at the benefits and risks of using distributed... 


MTN Nigeria implements NCC’s outgoing call restrictions
6th April 2022 By: Schalk Burger

Telecommunications multinational MTN Nigeria has assured shareholders that it has complied with the Nigerian Communications Commission’s (NCC’s) directive and implemented the restrictions on... 


Mixed reactions to lifting of Covid-19 state of disaster, lingering regulations
5th April 2022 By: Schalk Burger

Business organisation Business Unity South Africa (Busa) has welcomed the repeal of the National State of Disaster regulations and calls for all sectors of society to demonstrate similar united... 


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