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Diesel and load-shedding feature in summer outlook as Eskom's maintenance recovery takes longer than envisaged

By: Terence Creamer Updated 5 hours ago State-owned electricity utility Eskom says its reliability maintenance recovery (RMR) interventions have not yet succeeded in stabilising the performance of its unpredictable coal fleet and that more than year of ongoing maintenance is needed to address the poor performance of its generation... →

Eskom's Segomoco Scheppers, Jan Oberholzer and Phillip Dukashe on the outlook for the system this summer and the status of the reliability maintenance recovery programme. Camera Work: Kutlwano Matlala. Editing: Nicholas Boyd. 25.10.2021

ETGL expands its logistics business into the tractor, motorbike sectors

By: Irma Venter Updated 5 hours ago ETG Logistics (ETGL) has announced that it is expanding its product and service offering to the farming and automotive sectors. ETGL is the logistics vertical of ETG, a global conglomerate with business interests across various industries. →

An image of Belarus tractors from Minsk Tractor Works

The range of tractors from Minsk Tractor Works

Aspen starts local manufacture of anaesthetics at flagship Gqeberha site

By: Simone Liedtke 25th October 2021 Trade, Industry and Competition Minister Ebrahim Patel has officially opened multinational specialty pharmaceutical company Aspen’s general anaesthetics production line at its flagship manufacturing site in Gqeberha. This manufacturing capability will convert Aspen’s Gqeberha facility into one of... →

Aspen's SVP2 Facility in Port Elizabeth

Tetra Pak invests R500m in Pinetown packaging factory

By: Schalk Burger Updated 5 hours ago Food processing and packaging multinational Tetra Pak South Africa has announced a R500-million investment to upgrade its aseptic packaging materials factory in Pinetown, KwaZulu-Natal, to ensure the factory continues to meet global safety and sustainability standards. The investment also... →

CSIR nears launch of 4IR Learning Factory to bolster local skills

By: Donna Slater Updated 6 hours ago The Council for Scientific and Industrial Research (CSIR), in partnership with the Manufacturing, Engineering and Related Services Sector Education Training Authority, has opened the doors of its newly developed Fourth Industrial Revolution (4IR) Learning Factory (LF), which is designed to help... →

Eskom to jointly develop solar projects with Exxaro, Seriti

By: Marleny Arnoldi 25th October 2021 Coal miners Exxaro and Seriti Resources are joining forces with State-owned power utility Eskom to jointly develop renewable energy projects. The landmark memorandum of understanding (MoU) signed between the parties on October 25 spells out the companies’ development plan to lower their carbon... →

Matla coal mine surrounds

City Power agrees to implement load-shedding after talks with Eskom

By: Marleny Arnoldi 25th October 2021 Electricity utilities Eskom and City Power have agreed on efforts to protect the national grid, while also reducing the impact of load-shedding on Johannesburg residents and businesses. At the weekend, City Power had initially said it would not implement load-shedding, as it had secured... →

Photo by Creamer Media
Kelvin power station

Opinion: Breaking the stranglehold on growth and recovery

By: Creamer Media Reporter Updated 4 hours ago In this opinion article, South African National Roads Agency Limited N2 Wild Coast Road lead project manager Craig McLachlan writes about how investment in road infrastructure can support South Africa's post-Covid-19 economic recovery. →

A photo of Sanral N2 Wild Coast Road lead project manger Craig McLachlan

South Africa must make solid cases at COP26, BLSA says

By: Tasneem Bulbulia 25th October 2021 South Africa will be going into COP26, in Glasgow, Scotland, next week with a substantial agenda and both business and government representatives will be going with a view to getting things done, business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso says in her weekly... →

Bell founders look to buy out Bell Equipment minority shareholders, delist the group

By: Irma Venter 25th October 2021 In a joint announcement published on Friday, Bell Equipment and IA Bell, the Bell family holding company and largest shareholder in Bell Equipment, have announced IA Bell’s intention to acquire all the issued shares in the JSE-listed capital equipment manufacturer it does not already own for R10... →

Altron shows positive first-half rebound

By: Natasha Odendaal 25th October 2021 JSE-listed Altron has delivered an improved financial performance during the six months to August 31, 2021, as it continues to navigate a challenging environment. During the first half of the year, the company achieved a 238% increase in headline earnings a share to 11c and an operating profit... →

Otis Tshabalala to succeed Ngebulana as Rebosis CEO

By: Schalk Burger Updated 4 hours ago JSE-listed real estate investment trust (Reit) Rebosis Property Fund has announced that CEO and founder Dr Sisa Ngebulana will step down and retire with effect from December 1 when Otis Tshabalala's term as CEO will start. Ngebulana positioned the business as a retail-focused fund valued at... →

Africa must address six barriers to unlock greater climate funding

By: Tasneem Bulbulia Updated 4 hours ago Africa is not receiving sufficient climate funding from the available pool and there are six key enablers that must be focused on to unlock that funding, GFA Climate and Infrastructure MD Jonathan First said on October 25 during the Africa-Europe Dialogue on African Climate Finance Priorities for... →

Energas supplies gas gensets to power new residential development

By: Tasneem Bulbulia Updated 5 hours ago Specialised equipment supplier to the oil and gas industries Energas Technologies is supplying three gas generators to a new residential development. Amid the ongoing energy crisis in South Africa, Energas says it has seen a growing appetite for gas-to-power solutions as property developers are... →

Energas gas generator

Availability of sustainability funding driving changes in legal agreements

By: Schalk Burger Updated 6 hours ago Demand for sustainability-linked loans is surging and banks are competing to offer this new form of finance in South Africa, which is driving legal firms like Webber Wentzel to innovate in the loan terms and agreements that they are drafting for clients, say Webber Wentzel partners Khurshid Fazel... →

Food and drink will again be served on South African domestic flights – Airlink

By: Rebecca Campbell Updated 5 hours ago South African private sector airline Airlink announced on Monday that it would resume serving beverages and meals on its domestic flights, with effect from Wednesday (October 27). This is the result of changes to South Africa’s biosafety regulations, which have lifted the restrictions on such... →

South African space industry showcased at world’s biggest space conference

By: Rebecca Campbell Updated 7 hours ago The South African space industry is being showcased at the current International Astronautical Congress (IAC), being held in Dubai, in the United Arab Emirates, all this working week. This is by means of a pavilion in the space exhibition that accompanies the IAC, which is the world’s largest... →

A photo of the South African pavilion at the IAC

Photo by SANSA
The South African pavilion at the IAC

Aviation companies sign cooperation agreement to advance carbon-free propulsion systems

By: Rebecca Campbell Updated 4 hours ago Zero-carbon-emission aviation technology company ZeroAvia has signed an agreement with Mitsubishi Heavy Industries Regional Jet Aviation Group (MHIRJ) to cooperate in the development of hydrogen-electric propulsion for regional airliners. ZeroAvia specialises in developing hydrogen-electric (fuel... →

Photo by ZeroAvia
Aviation companies sign cooperation agreement to advance carbon-free propulsion systems

Nasa is targeting February for first launch in its Artemis lunar mission programme

By: Rebecca Campbell 25th October 2021 Senior officials of the US space agency, the National Aeronautics and Space Administration (Nasa), confirmed on Friday that the first flight in its new crewed space programme, Artemis, will now take place early next year. Although there had been a growing conviction among space journalists and... →

A photo of the Orion spacecraft mounted on top of the SLS in the VAB

Photo by Nasa
The Orion spacecraft mounted on top of the SLS in the VAB

Phase 2 of Smart City platform to focus on job creation through private services

By: Schalk Burger Updated 4 hours ago The second phase rollout of the My Smart City citizen platform will focus on job creation through private services that will be offered on the platform, like car washing, dog walking, gardening, pool maintenance or tutoring, says asset and resource management software company Acumen Software CEO... →

Canada’s First Nations see green hydrogen as an indigenous reconciliation opportunity

By: Martin Creamer 25th October 2021 Hydrogen systems are not only going to be green, clean and low emission but they are also going to be local – and Canada’s First Nations see them as an indigenous reconciliation opportunity. “They’re going to be local energy systems,” Change Energy principal Rymal Smith said in response to Fasken... →

Creamer Media screenshot during Fasken webinar

Photo by Creamer Media
Bimaadzwin CEO Isadore Day

W&RSETA celebrates sod-turning of its first skills development centre

By: Yvonne Silaule 22nd October 2021 Higher Education, Science and Innovation Minister Dr Blade Nzimande has officiated the sod-turning ceremony to mark the start of construction of the Wholesale and Retail Sector Education and Training Authority’s (W&RSETA'S) first skills development centre, in Groblersdal, Limpopo, this week. The... →

Civil engineering industry signs three-year wage agreement

By: Schalk Burger 22nd October 2021 A three-year wage agreement has been signed by parties to the Bargaining Council for the Civil Engineering Industry (BCCEI), which will see workers getting a wage increase of 4.8% during the first year to the end of August 2022 and 0.75% above consumer price inflation for the following two years... →

Schneider Electric adds to its EcoStruxure Power offering

By: Theresa Bhowan-Rajah 22nd October 2021 Over a billion people on the African continent either have no access or only limited access to energy, while South Africa faces electricity supply constraints. Energy management and automation company Schneider Electric, says it has always been in the business of developing energy efficient... →

Business managers provide insight into strategy execution

By: Tasneem Bulbulia 22nd October 2021 There are different approaches companies and industries will take in terms of their strategy execution and business managers shared some insight into some tools and methods in this regard during a panel discussion on the second day of the Africa Strategy Conference. RES Corporation MD Nick... →

Mantashe appoints highly experienced Mokoena as Nersa chair

By: Creamer Media Reporter 22nd October 2021 Mineral Resources and Energy Minister Gwede Mantashe has appointed the highly experience Smunda Mokoena as chairperson of the National Energy Regulator of South Africa (Nersa). The appointment became effective on October 20 and Mokoena’s term is expected to continue until September 13, 2024. →

Smunda Mokoena

Just Energy Transition to result in 300 000 new energy jobs over ten years – De Ruyter

By: Donna Slater 22nd October 2021 Ongoing analysis and work done by various groups into the so-called Just Energy Transition (JET) points to the potential creation of 300 000 direct, indirect and induced jobs in South Africa’s electricity sector over the next decade, Eskom CEO Andre de Ruyter said on October 22. He added that... →

South Africa to set up finance workstream to assess climate-finance offers

By: Terence Creamer 22nd October 2021 The South African government is set to establish a high-level technical workstream, which will work under the direction of a Cabinet subcommittee, to evaluate possible concessional finance offers that could be made in support of the country’s just energy transition strategy. The workstream is yet... →

Forestry, Fisheries and the Environment Minister Barbara Creecy

Tribunal approves Super Group's acquisition of RWS

By: Schalk Burger 22nd October 2021 The Competition Tribunal of South Africa on October 22 said it has unconditionally approved transport logistics company Super Group's acquisition of wholesale courier services company Regional Wholesale Service (RWS). "The tribunal has concluded that the merger is unlikely to lead to a... →

Bakers adds 90 Merc trucks to its fleet; City Logistics expands by 43 Canters

By: Irma Venter 22nd October 2021 Daimler Trucks and Buses Southern Africa (DTBSA) has handed over a fleet of 90 Mercedes-Benz Actros 2645LS trucks to Bakers South Africa (SA). This purchase adds to Bakers’ current fleet of nearly 650 vehicles, which comprises 100% of Mercedes-Benz Truck products. →

Project provides support for local green SMMEs

By: Simone Liedtke 22nd October 2021 Nonprofit organisation GreenCape and tourism, trade and investment promotion agency Wesgro have teamed up with several partners to pivot support to local green small, medium-sized and microenterprises (SMMEs) so that they can continue to build international relationships and secure trade... →

Castle Lite beer to be made using renewable electricity

By: Schalk Burger 22nd October 2021 South African Breweries (SAB) will soon produce its Castle Lite beer using renewable electricity, which will reduce the electricity drawn from the grid and reduce interruptions to production. Further, SAB is committed to fully switching to renewable energy sources by 2025. →

Sanral, N3TC lost almost R100m during July unrest – Macozoma

By: Irma Venter 22nd October 2021 The South African National Roads Agency Limited (Sanral) and its N3 toll concessionaire (N3TC) recorded almost R100-million in losses and damage during the July civil unrest in KwaZulu-Natal, and some other parts of the country, says outgoing Sanral CEO Skhumbuzo Macozoma. He says Sanral suffered... →

Agri SA urges urgent action to keep input costs under control

By: Marleny Arnoldi 22nd October 2021 Industry organisation Agri SA has expressed concern about rising input costs for the agricultural sector, echoing concerns raised by the Agricultural Business Chamber (Agbiz) earlier this week. Agri SA says the cost of direct materials, labour and other overheads are particularly worrying,... →

Food inflation in September again higher than expected, reports research body

By: Rebecca Campbell 22nd October 2021 The Bureau for Food and Agricultural Policy (BFAP) has reported that food inflation in South Africa last month was higher than expected, at 6.6% year-on-year. Food inflation contributed 1.1 percentage points to the consumer price index headline inflation figure of 5% for the month. On the other... →

Aspen sells six South African medicines to Swedish company

By: Simone Liedtke 22nd October 2021 Swiss pharmaceutical company Acino and multinational pharmaceutical company Aspen Pharmacare and its subsidiaries have signed an agreement for Acino to acquire six South African medicines for more than R1.8-billion. The acquired medicines are used for the treatment of gastroenterology, erectile... →

Caterpillar, Tractafric complete 7.5 MW battery storage solution for grid stability at Barrick's Kibali

By: Tasneem Bulbulia 22nd October 2021 Construction and equipment manufacturer Caterpillar and equipment distribution multinational Tractafric have installed 7.5 MW of battery energy storage capacity at gold miner Barrick Gold's Kibali mine, in the Democratic Republic of Congo (DRC). The Tractafric solution is operational and deploys... →

Rebosis plans to sell commercial office portfolio for R6.3bn

By: Simone Liedtke 22nd October 2021 JSE-listed Rebosis Property Fund has entered into a sales agreement with Ulricraft, which could result in the company disposing of its commercial office portfolio for R6.3-billion. Ulricraft is a special purpose behicle (SPV) wholly owned by Vunani Capital Partners (VCP), a company listed on... →

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