https://www.engineeringnews.co.za
R/€ = 17.30 Change: -0.12
R/$ = 14.75 Change: -0.15
Au 1752.56 $/oz Change: -33.66
Pt 943.74 $/oz Change: -4.36
 
Close

Email me free daily news

Email address

PetroSA mulls geothermal as way to offset ‘decommissioning liability monster’ 

By: Terence Creamer     Updated 4 hours ago Embattled State-owned gas-to-liquids refiner PetroSA is considering plans to harness geothermal energy from its mature or depleted gas wells to produce electricity and delay decommissioning. Addressing a conference in Cape Town this week, Central Energy Fund (CEF) CEO Dr Ishmael Poolo reported... 

PetroSA refinery in Mossel Bay
Photo by Creamer Media
PetroSA refinery in Mossel Bay

New online portal launched to showcase African green recovery projects

By: Terence Creamer     17th September 2021 A new web-based platform, which will showcase green stimulus projects across Africa, has been officially launched. The portal, which can be found at http://agsp.nepad.org/, was unveiled this week by South Africa’s Forestry, Fisheries and the Environment Minister Barbara Creecy in her capacity as... 

A photo of a solar farm

Mercedes-Benz hands over final bus in 100-unit order from Putco 

By: Irma Venter     Updated 5 hours ago Mercedes-Benz Buses has handed over the last unit in a 100-bus order from transport operator Putco. The delivery of this fleet was staggered into batches from December. 

Image of keys handover from Mercedes-Benz to Putco

Hyundai South Africa gets new flagship as it launches Palisade

By: Irma Venter     Updated 6 hours ago Hyundai has a new flagship model in its range – the million-rand Palisade luxury large sports-utility vehicle (SUV). The Palisade, which is just short of five meters, takes its place in the local Hyundai SUV line-up next to its slightly smaller sibling, the Santa Fe, as well as the Tucson, Creta,... 

Image of the Hyundai Palisade
The Hyundai Palisade

Sasol, NRF call for energy transition and green economy solution proposals 

By: Donna Slater     Updated 2 hours 23 minutes ago Integrated energy and chemicals company Sasol and the National Research Foundation (NRF) are requesting research proposals on science and engineering projects that can enable Sasol’s and South Africa’s energy transition, as well as the development of the country’s green economy. Of interest to... 

SAPVIA speaks out on Suntech Solar’s court application against the DTIC

By: Simone Liedtke     Updated 6 hours ago The South African Photovoltaic Industry Association (SAPVIA) has been named as a respondent in an application filed by local renewable energy supplier Suntech Solar Power South Africa earlier this month. Suntech Solar has taken the decision to challenge the Risk Mitigation Independent Power... 

DNG, Masana partner to make LNG in transport a reality

By: Marleny Arnoldi     Updated 6 hours ago Alternative fuel company DNG Energy’s petroleum division and energy company Masana Petroleum Solutions will test the feasibility of making liquefied natural gas (LNG) available to South Africa’s transport industry. The partnership comes as the world is seeking cheaper alternatives to... 

LNG tanks in South Korea
Photo by Bloomberg
LNG tanks in South Korea

Core lending, interest income drive DBSA’s profit up by 182%

By: Donna Slater     Updated 6 hours ago Development finance institution (DFI) the Development Bank of Southern Africa (DBSA) reports that its net profit for the financial year ended March 31 had increased by 182% to R1.4-billion, compared with the net profit of R504-million recorded for the 2020 financial year. CEO Patrick Dlamini... 

State-owned defence group to pay trade union millions in salary arrears

By: Rebecca Campbell     Updated 4 hours ago Trade union Solidarity announced on Friday that financially-embattled State-owned defence industrial group Denel had just paid it R4-million. The money is to cover the salary arrears of union members employed by Denel Dynamics and Denel Land Systems. “The payment of the salary money to Solidarity... 

Competition Tribunal approves Growthpoint, Feenstra Group merger

By: Simone Liedtke     17th September 2021 The Competition Tribunal has unconditionally approved the large merger whereby Growthpoint Properties will acquire Joburg Stay from Feenstra Group.   This transaction involves an internal reorganisation of the Feenstra Group. As such, the target firms are Joburg Stay, seven Gauteng student... 

SA telcos moving aggressively to add fintech offerings to mobile money base

By: Natasha Odendaal     17th September 2021 South Africa’s major telecommunications companies are accelerating their financial technology (fintech) strategies and betting big on Africa’s untapped digital economy potential to bolster dwindling traditional revenues in an ever-evolving digital era. Boasting huge volumes of customers with... 

Image of Engineering News and Mining Weekly cover

GBCSA congratulates Redefine on 40 Green Star certifications

By: Tasneem Bulbulia     Updated 3 hours ago JSE-listed South African real estate investment trust (Reit) Redefine Properties recently certified and recertified 40 buildings in its property portfolio, under member-based organisation the Green Building Council South Africa’s (GBCSA’s) Green Star Existing Building Performance (EBP) rating... 

South African taxpayers note improvements in some Sars processes

By: Tasneem Bulbulia     Updated 3 hours ago Over the past few years, South Africa’s tax landscape has undergone significant change, with a number of  leadership, structural and policy changes; and moreover, the Covid-19 pandemic has impacted government coffers, disrupted businesses and placed tremendous financial strain on individuals. In... 

Major banks remain resilient, focus turns to new skills and new strategies

By: Schalk Burger     Updated 3 hours ago The four largest banks in South Africa – Absa, FirstRand, Nedbank and Standard Bank – remain resilient, with healthy, stable and above regulatory minimum liquidity and coverage. Their results were also buoyed by underlying business momentum and risk profiles performing better than expected,... 

Regulator emphasises the importance of upcoming rail safety conference

By: Tasneem Bulbulia     Updated 2 hours 43 minutes ago South Africa’s Railway Safety Regulator (RSR) has announced that the 2021 Annual Rail Safety Conference will take place from September 29 to October 1. Hosted under the theme “Embracing the new normal through innovative and sustainable rail safety solutions”, this year’s conference will be held... 

Africa Investment Forum’s Market Days to be held from December 1 to 3

By: Donna Slater     Updated 2 hours 30 minutes ago This year’s Africa Investment Forum’s Market Days – a multi-stakeholder, multi-disciplinary platform that advances private and public-private partnership projects to bankability stage, raises capital and accelerates deals to financial closure – will take place in Abidjan, Côte d’Ivoire, from... 

ECA, ICC launch centre of entrepreneurship in Africa

By: Tasneem Bulbulia     Updated 7 hours ago The Economic Commission for Africa (ECA) and the International Chamber of Commerce have jointly launched Centres of Entrepreneurship in Africa. With strategic locations across Africa, the ECA - ICC Centres of Entrepreneurship will work with various stakeholders, including businesses, chambers of... 

Boeing forecasts trillions in defence, space, security and services markets over next decade

By: Rebecca Campbell     Updated 4 hours ago US major aerospace and defence group Boeing has forecast that the global defence and space market will be worth $2.6-trillion over the next ten years. This prediction is pretty much the same as that made by the group in its market outlook report last year. Of this figure, 60% will be accounted... 

PepsiCo puts sustainability at the heart of its 23 brands

By: Marleny Arnoldi     17th September 2021 Nasdaq-listed fast-moving consumer goods company PepsiCo has introduced an initiative called Pep+, which will inform the company’s end-to-end transformation strategy that has sustainability at the heart. The transformation will involve all aspects of the supply chain from how the company... 

PepsiCo truck

Sefa provides $1m to modernise Africa’s hydropower fleet

By: Tasneem Bulbulia     17th September 2021 African Development Bank (AfDB) managed fund, the Sustainable Energy Fund for Africa (Sefa), has approved a $1-million grant for the modernisation of Africa’s aging hydropower fleet. The grant will fund the mapping and evaluation of African hydropower facilities’ rehabilitation needs. 

Steel prices to normalise but remain strong, says Moody’s

By: Tasneem Bulbulia     Updated 7 hours ago The worldwide supply/demand imbalance for steel will return in 2022 and steel prices will gradually decline toward their historical averages from the unusual highs of this year, says Moody´s Investors Service in a new report. The report indicates that steel demand will ebb as buyers replenish... 

Energy transition opportunities, risks  

17th September 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the need for South Africa to compile a clear country commitment to net-zero and to find a common vision and action plan around the just transition, as well as about the growth potential for hydrogen and energy... 

Energy transition opportunities, risks

Save the Smelters responds to ChromeSA’s ‘high-risk’ analysis 

By: Martin Creamer     Updated 2 hours 42 minutes ago The Save the SA Smelters movement, which has thrown its full weight behind the decision of the Cabinet to impose an export tax on raw chrome leaving the country, on Friday responded to the analysis of ChromeSA that the imposition of such a tax would be high risk. ChromeSA was formed late last... 

Picture of protestors holding Save SA Smelters placards
Placard-bearing Save SA Smelters members.

Vaccination 'passport' not introduced to punish S Africans – Health Minister 

By: Sane Dhlamini     Updated 7 hours ago Minister of Health Dr Joe Phaahla stressed on Friday that the vaccination certificate touted by government is not being introduced to punish South Africans but rather to protect each other against the Covid-19 virus. Following President Cyril Ramaphosa’s address last Sunday many South Africans... 

South African Minister of Health Dr Joe Phaahla
Minister of Health Dr Joe Phaahla

Covid-19 pandemic spurs Sars' modernisation programme

By: Schalk Burger     17th September 2021 The Covid-19 pandemic's impact on the South African Revenue Service (Sars) compressed a decade-long modernisation programme into two to three years, Sars commissioner Edward Kieswetter noted on September 16. "The pandemic struck as we were starting our journey of rebuilding Sars and reigniting... 

Magazine round up | 17 September 2021 

17th September 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

Magazine round up | 17 September 2021

Boeing forecasts commercial aircraft market of more than $3-trillion over next decade

By: Rebecca Campbell     16th September 2021 US aerospace giant Boeing has forecast a commercial aircraft market worth $3.2-trillion over the next ten years. In concrete terms, this would amount to 19 000 aircraft. As for demand over the next 20 years, the group estimates that this would amount to more than 43 000 new aeroplanes, with a... 

Sars customs modernisation depends on new skills and industry support to shape smart ecosystem

By: Schalk Burger     16th September 2021 The customs modernisation programme of the South African Revenue Service (Sars), announced on September 1, requires the upskilling of customs officials, as well as the support of and collaboration with industries, businesses and the whole of government to shape a customs and trade ecosystem that... 

Apollo Africa partners with WePower for renewable energy market platform

By: Tasneem Bulbulia     16th September 2021 South African energy company Apollo Africa has announced a partnership with global energy technology company WePower, as well as the development of its Apollo Platform, subject to normal regulatory approvals. The partnership aims to accelerate the energy transition in the Southern African... 

Continental pursues sustainability goals

By: Simone Liedtke     16th September 2021 Tyre manufacturer Continental is pursuing ambitious sustainability goals in order to become the “most progressive manufacturer in the tyre industry by 2030”. Its efforts are centered on climate action, low-emission mobility, the circular economy and sustainable supply chains. 

Commercial property without carbon emission reduction plans will soon decrease in value – report

By: Simone Liedtke     16th September 2021 Commercial property without plans to slash carbon emissions will soon plummet in value, warns new real estate stock exchange IPSX and sustainability data and consulting firm Carbon Intelligence in a joint report on net-zero initiatives for UK commercial property market valuations. Its findings... 

Bush clearing, shaft rehab under way at West Wits gold revival project  

By: Martin Creamer     16th September 2021 Australia-listed West Wits Mining, which is considering a secondary listing on the JSE, has commenced bush clearing and old shaft rehabilitation west of Johannesburg, as part of its far-reaching revival plans for an area where gold mining took place as recently as 20 years ago. West Wits Mining,... 

West Wits Mining MD Jac van Heerden interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Harvesting water from atmosphere posited as a solution to enhance water security

By: Donna Slater     16th September 2021 Technology used to extract water from the Earth’s atmosphere, otherwise known as atmospheric water generating (AWG), may be a solution that can be easily scaled to mitigate current and future water scarcity issues in South Africa and globally, Sustainbale Operations Group (SOG) Water Solutions... 

Major international telescope being built in South Africa by local artisans

By: Rebecca Campbell     16th September 2021 An international radio telescope array project, led by the US National Science Foundation, is being built in South Africa’s radio astronomy reserve in the Karoo region of the Northern Cape province by local artisans, and has already started doing valuable science, the South African Radio... 

GE Renewables, Fraunhofer enter research partnership for 3D printing for wind applications

By: Simone Liedtke     16th September 2021 NYSE-listed GE Renewable Energy, research institute Fraunhofer IGCV and 3D printing systems manufacturer voxeljet have entered into a research partnership aimed at developing the world’s largest three-dimensional (3D) printer for offshore wind applications in order to streamline the production of... 

Global alliance for sustainable energy formed 

By: Tasneem Bulbulia     16th September 2021 A group of global leaders from across the renewable energy value chain and the sector’s innovation ecosystem on September 16 launched a new organisation aimed at ensuring renewables are wholly sustainable for people and the planet and lead a just transition away from fossil fuels. The partners,... 

New-vehicle market could reach 485 000 units, if supply holds – Hill 

By: Irma Venter     16th September 2021 The South African new-vehicle market could reach around 485 000 units this year, says Ford South Africa MD Neale Hill. This will be a significant increase from the 380 000-unit sales recorded last year. 

Image of Ford Rangers on a truck

Zimbabwe turns to Mozambique, Zambia to Ease 12-Hour Power Cuts

By: Bloomberg     16th September 2021 Zimbabwe asked Mozambique and Zambia to supply it with more electricity as it tries to fill a power shortfall that’s led to outages of 12 hours a day. “We are in discussions with Mozambique for the recently commissioned power plants to give us an additional 180 MW,” Energy Minister Soda Zhemu... 

Latest News  by  

more

Company Article

more

Latest Videos and Audio

On-The-Air (17/09/2021)

Energy transition opportunities, risks

Magazine round up | 17 September 2021

New units installed at zinc mine

Appliance manufacturer establishes global brand in South Africa

Competition Commission advances efforts to mitigate price gouging during pandemic

On-The-Air (10/09/2021)

Developments in SA's automotive industry

more

Manufacturing News

Capital Equipment

Chemicals & Pharmaceuticals

Clothing & Textiles

Food & Beverage

Foundries, Forges & Die-Casting

Furniture & Wood products

Hydraulics

Industrial Filters & Filtration

Instrumentation & Control

Manufacturing

Metals & Engineering

Paper, Plastics, Packaging, Printing

Pipes & Tubes

Pumps

Rubber

Valves

Welding & Cutting

Services News

Architecture

Business Process Outsourcing

Consulting Engineers

Corrosion Control

Education & Skills Development

Financial

Legal

Maintenance

Material Handling

Quality Assurance & Standards

Quantity Surveyors

Company Announcements

more

Research Reports

Projects

more

Press Office

more

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close