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Nersa ordered by court to decide Eskom’s 2022/23 tariff by Feb 25 

By: Terence Creamer     Updated 1 hour 52 minutes ago Judge Jody Kollapen has ordered that Eskom’s revenue application for the 2022/23 financial year be decided by the National Energy Regulator of South Africa (Nersa) by February 25 and that it be adjudicated in line with the multiyear pricing determination (MYPD) methodology published in 2016. The... 

Eskom presenting at a previous revenue application hearing
Photo by Creamer Media
Eskom presenting at a previous revenue application hearing

Ford announces R600m investment in South African engine plant 

By: Tasneem Bulbulia     2nd December 2021 Automotive company Ford Motor Company on December 2 announced an investment of R600-million into its Struandale engine plant, in Gqeberha (formerly Port Elizabeth). This investment will support the launch of a new 3 litre V6 turbodiesel engine, as well as upgrades to the existing assembly line... 

Ford's Struandale engine plant
Ford's Struandale engine plant

New Ranger to spark big rise in production and exports from Ford’s Silverton plant 

By: Irma Venter     3rd December 2021 Ford South Africa (SA) is on schedule with its R15.8-billion expansion programme to significantly boost its exports from the Silverton plant in Pretoria as from next year, says Ford Motor Company Africa president Neale Hill. Ford SA will produce the new-generation Ranger pick-up at the Tshwane... 

Magazine Cover Image

N3 Van Reenen's blockade holds trucking industry hostage, RFA says

By: Schalk Burger     Updated 4 hours ago The transport and logistics industry is being held captive, as the vital N3 route between the Port of Durban and the interior has been blocked again, with violence and looting having occurred, according to some reports, industry organisation the Road Freight Association's (RFA's) CEO Gavin Kelly... 

Trucks driving on the N3

Shell can proceed with seismic survey after environmental groups lose urgent court bid

By: News24Wire      Updated 4 hours ago The high court has dismissed an urgent application to block Shell from proceeding with a seismic survey off the Eastern Cape coast. The ruling was delivered by Judge Avinash Govindjee at the Eastern Cape Division of the Makhanda High Court on Wednesday. 

Shell logo

Basa launches PAJA review application for lockdown alcohol bans to be declared invalid

By: Schalk Burger     Updated 5 hours ago The Beer Association of South Africa (Basa) has launched a review application in the North Gauteng High Court, in Pretoria, in terms of the Promotion of Administrative Justice Act (PAJA) and/or the principle of legality, for the previous alcohol bans imposed by government to be declared... 

Virus-battered South Africa readies mandatory vaccine policy

By: Bloomberg     Updated 6 hours ago South Africa, which is contending with a massive upsurge in coronavirus infections following the onset of the omicron variant, is readying a mandatory vaccine policy and is set to implement it early next year, a senior labour union official said. Broad agreement has been reached on the policy in... 

Virus-battered South Africa readies mandatory vaccine policy

Business activity rose in Nov after metal strike ended - PMI

By: Reuters     Updated 5 hours ago South Africa's private sector business activity recovered in November after staff in its biggest metal-workers union returned to work after striking in October, a survey showed on Friday. IHS Markit's Purchasing Manager's Index (PMI) jumped to a six-month high of 51.7 in November from 48.6 a... 

Bedfordview power restored ahead of schedule

By: Schalk Burger     Updated 4 hours ago Power utility Eskom has restored supply to the Bedfordview substation, two days ahead of schedule. Supply was restored to the substation and affected customers at about 22:00 on December 2. 

Opinion: How can we ensure that Africa’s energy transition aligns with its development ambitions?

Updated 2 hours 41 minutes ago In this opinion article, SPEAR Capital partner Martin Soderberg writes about how African can achieve a just energy transition. 

SPEAR Capital partner Martin Soderberg

Emalahleni owes Eskom over R5 billion, urges its customers to pay or face darkness

By: News24Wire      Updated 5 hours ago The Emalahleni local municipality in Mpumalanga has revealed that it owes Eskom over R5-billion for unpaid electricity. It has, therefore, handed over to its lawyers the accounts of some 30 defaulting customers, in a quest to collect the revenue and pay the debt. 

Power lines

Outrage and calls for fuel price audit as motorists overpaid for petrol on Wednesday

By: News24Wire      Updated 6 hours ago Some motorists unwittingly paid 6c/litre more per litre of fuel than they should have on Wednesday morning. This was before the Department of Mineral Resources and Energy (DMRE) admitted that it had made a calculation error on the announced 81c increase - saying that it was only meant to increase... 

Petrol pump

Labour Court postpones deadline for Denel to comply with employee contractual obligations again

By: Simone Liedtke     Updated 4 hours ago Defence company Denel has again failed to comply with a Labour Court order, handed down on August 4, 2020, compelling the enterprise to honour all outstanding contractual obligations with Uasa members, the trade union said. Uasa spokesperson Abigail Moyo said the trade union was “disappointed”... 

Joburg maintains position, Cape Town drops four places in Kearney Global Cities Report

By: Schalk Burger     Updated 3 hours ago Of the 13 African cities included in management consulting multinational Kearney's 'Global Cities 2021' report, Johannesburg retained the highest ranking at 55, while Cairo climbed five places to 59. Cape Town, however, ranked seventy-seventh last year but dropped four places to 81 in the latest... 

South Africa’s environment department rejects floating gas plant

By: Bloomberg     Updated 44 minutes ago South Africa’s Environment Department has turned down an application to moor a floating, gas-fired power plant in the eastern port of Richards Bay. Anchor Energy LNG’s Nseleni power plant would have had the capability to produce 6 500 MW of electricity, according to Groundwork, an environmental... 

Ramaphosa reappoints four members of Information Regulator for five-year term

By: Schalk Burger     Updated 4 hours ago President Cyril Ramaphosa has reappointed advocate Pansy Tlakula as chairperson of the Information Regulator. Advocate Lebogang Stroom-Nzama and Advocate Collen Weapond have also been reappointed as full-time members of the Information Regulator. 

Omicron may throw wrench in companies' plans to return to office

By: Reuters     Updated 6 hours ago Company executives are beginning to consider different permanent work models for their employees as the coronavirus pandemic, and the spread of the Omicron variant, destabilise their latest return-to-office plans. With Omicron so new, companies are struggling to understand how the variant might... 

UJ implements mandatory vaccination

By: Sashnee Moodley     Updated 4 hours ago The University of Johannesburg (UJ) announced on Friday its decision to institute mandatory vaccination at all its campuses and facilities from January 2022. It will consider religious and medical exemptions but stressed that collective rights will take precedence as per Section 36 of the... 

Covid-19 vaccine

Magazine round up | 03 December 2021 

3rd December 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Magazine round up | 03 December 2021

Glencore reiterates coal rundown, just transition commitments

By: Martin Creamer     2nd December 2021 Diversified mining and marketing company Glencore on Thursday unequivocally stuck to its climate-change strategy of running down its coal 15% by 2026 and 30% by 2035, ahead of being net zero by 2050. “That’s written in stone,” Glencore CEO Gary Nagle told journalists during a media conference,... 

Picture supplied
Glencore CEO Gary Nagle

South Africa sees rise in Covid reinfections from Omicron, mild symptoms – scientist

By: Reuters     2nd December 2021 South Africa is seeing an increase in Covid-19 reinfections due to the Omicron variant but symptoms for reinfected patients and those infected after vaccination appear to be mild, a scientist studying the outbreak of the new strain said. The new variant, which has caused global fears of a surge... 

A Covid vaccine

Eskom estimates Bedfordview electricity supply will be restored by Dec 4

By: Marleny Arnoldi     2nd December 2021 State-owned power utility Eskom is making progress with repairs to a damaged cable that caused electricity supply interruptions at the Bedfordview substation and expects to fully restore supply by December 4. Eskom reports that it has started working on the second joint, after successfully... 

Cable damage to main supply for Bedfordview
Cable damage to main supply for Bedfordview

South African food security linked to innovation, improving productivity in agriculture 

By: Schalk Burger     2nd December 2021 South Africa's food security is linked to the competitiveness of its agricultural production. Therefore, improving productivity through innovation and global best practices will support food security amid challenges, including climate change, local electricity and water supply constraints, as... 

A farm in the Eastern Cape

M&R expects to grow order book beyond R60bn level

By: Terence Creamer     2nd December 2021 JSE-listed engineering and construction group Murray & Roberts (M&R) expects to growth its order book beyond the current level of R60-billion on the back of growing demand for its services. “Over the next three years, the group expects most of its revenue to be generated by its two international... 

Murray & Roberts HQ

PRASA fires group CEO

By: Marleny Arnoldi     2nd December 2021 The Passenger Rail Agency of South Africa (PRASA) has decided to terminate the employment of its group CEO Zolani Kgosietsile Matthews, following the outcome of an investigation. The investigation was intended to establish whether Matthews deliberately failed to disclose material information to... 

PRASA CEO Zolani Matthews
PRASA CEO Zolani Matthews

If more people don't vaccinate, mandatory vaccinations could be the only option - David Makhura  

By: News24Wire      2nd December 2021 Gauteng Premier David Makhura has warned that if more people don't have themselves vaccinated voluntarily, mandatory orders could be implemented. Speaking during an update on the province's Covid-19 situation, the premier lamented the low vaccination turnout. So far, more than seven-million... 

Gauteng Premier David Makhura
Gauteng Premier David Makhura

Households’ ability to incur, manage debt improving 

By: Marleny Arnoldi     2nd December 2021 The Altron Fintech Household Financial Resilience Index (Afhri) for the second quarter has confirmed that the average household in South Africa enjoys a more advantageous disposition towards incurring and managing debt than before the Covid-19-pandemic. The results of the Afhri index released... 

Minerals Council, SAAFF outline requirements to get Lebombo/Ressano Garcia border congestion resolved

By: Donna Slater     2nd December 2021 With delays at the Lebombo/Ressano Garcia border post on the Maputo corridor between South Africa and Mozambique having cost trucking companies R1.3-billion in lost revenue this year, the South African Association of Freight Forwarders (SAAFF) and the Minerals Council South Africa have requested... 

An image of freight trucks lining up for several kilometres on the N4 towards Komatipoort in South Africa
Photo by Creamer Media's Donna Slater
Freight trucks lining up for several kilometres on the N4 towards the Lebombo/Ressano Garcia border post in South Africa

Eskom power transition lacking energy, says LTM Energy CEO

By: Tracy Hancock     2nd December 2021 State-owned power utility Eskom, South Africa’s largest emitter of greenhouse gasses, is not adapting to change fast enough, as the world races to achieve net-zero carbon emissions by 2050 by adopting greener energy solutions, says local energy services company LTM Energy CEO Dhevan Pillay. South... 

LTM Energy CEO Dhevan Pillay
LTM Energy CEO Dhevan Pillay

Deputy Minister warns against illegal water use

By: Simone Liedtke     2nd December 2021 Water and Sanitation Deputy Minister David Mahlobo has issued a stern warning against illegal water use, while also reiterating government’s commitment to enhancing the provision of water to affected communities in different parts of the country. Speaking during the National Assembly question and... 

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani  

By: Martin Creamer     2nd December 2021 Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up... 

GlobeScan climate event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Opinion: What does AfCFTA mean for South Africa’s importers and exporters?

2nd December 2021 In this opinion article, Standard Bank head of trade Justin Milo and head of product Nompilo Mtshali write about the importance of the African Continental Free Trade Area (AfCFTA) for South Africa's importers and exporters. 

Standard Bank head of trade Justin Milo
Standard Bank head of trade Justin Milo

EV industry must work closer with lithium suppliers, executives say

By: Reuters     2nd December 2021 Automakers must work closer with lithium producers to guarantee supply of specialized types of the white metal that boost an electric vehicle's range and performance, Albemarle Corp and Livent Corp executives told the Reuters Next conference https://reutersevents.com/events/next on Wednesday. As... 

Iberdrola, H2 Green Steel plan mega green hydrogen plant

By: Reuters     2nd December 2021 Global wind power group Iberdrola and Swedish startup H2 Green Steel plan to build a vast renewable hydrogen plant on the Iberian peninsula to power the production of iron used to make steel with drastically reduced carbon emissions. The European Union is pushing the development of a supply chain... 

Gold Fields’ South Deep solar project now 50 MW, equivalent wind planned 

By: Martin Creamer     1st December 2021 South Deep gold mine in Gauteng, where a 40 MW solar power project was initially announced, will now have a 50 MW solar plant as a result of the procurement of more efficient solar panels. Mining Weekly can report that the construction of the R715-million solar power plant at South Deep will... 

Creamer Media screenshot taken at Gold Fields ESG online presentation
Photo by Creamer Media
Gold Fields CEO Chris Griffith

South Africans focussing on wellbeing, balancing purpose with earning more – Deloitte

By: Donna Slater     1st December 2021 Compared with 12 months ago, South Africans show a strong shift to introspection and their wellbeing, while also seeking to better balance purpose with earning more money, professional services firm Deloitte’s 'State of the South African Consumer Tracker' report states. The study obtained... 

PwC describes economic outlook for 2022 as ‘uncertain at best’

By: Marleny Arnoldi     1st December 2021 Professional services firm PwC maintains in its latest economic outlook that the main factors influencing South Africa’s economy in 2022 are likely to be load-shedding, lockdown restrictions, municipal coalitions and fiscal spending, global economic growth and supply chain challenges. The firm... 

Sanral has R1.8bn of road construction projects planned for Sundays River municipality

By: Schalk Burger     1st December 2021 The South African National Roads Agency Limited (Sanral) has planned multiple road construction projects worth R1.8-billion in the Sundays River local municipality, in the Eastern Cape. “In the Eastern Cape, we manage 4 952 km of our 22 214 km national road network. Our operations on the stretch... 

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