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Covid-19 to take 18% bite from global road freight revenue, says the IRU 

By: Irma Venter     Updated 5 hours ago The Covid-19 pandemic and corresponding restrictions on movement, and social distancing, have had an enormous impact on commercial road transport operators and those they serve, says International Road Transport Union (IRU) senior adviser Jens Hügel. He says Covid-19-linked disruptions in the... 

Covid-19 to take 18% bite from global road freight revenue, says the IRU

DHL’s Saloodo! signs MoU with AfricaPLC  

By: Irma Venter     Updated 4 hours ago Digital road freight platform Saloodo!, a subsidiary of DHL Global Forwarding, has signed a memorandum of understanding (MoU) to be the first logistics provider to offer digital road freight solutions on AfricaPLC. AfricaPLC is an industrial e-commerce marketplace and fintech platform, managed by... 

Covid-19 to have lasting impact on the transport sector 

By: Irma Venter     14th August 2020 The Covid-19 pandemic means it will never again be business as usual for the transport sector, says Transport Authority for Gauteng (TAG) CEO Jack van der Merwe. The disease has upended almost every aspect of the sector, with a number of changes threatening to be permanent. 

Covid-19 to have lasting impact on the transport sector

Tongaat reports ‘improved results’ despite weak economic growth, financial mismanagement blow

By: Simone Liedtke     Updated 4 hours ago Sugar manufacturer Tongaat Hulett on August 14 reported “improved results” for the financial year ended March 31, during which the group’s headline earnings per share (EPS) improved by 111% to 90c from a loss of 823c in the previous year. The company attributes the improvement to the steps taken... 

Tongaat reports ‘improved results’ despite weak economic growth, financial mismanagement blow

Opinion: Unpacking pertinent questions related to municipalities procuring power from IPPs

14th August 2020 In this opinion piece, South African Wind Energy Association (SAWEA) CEO Ntombifuthu Ntuli writes about questions that need to be addressed as the regulatory environment becomes more conducive for municipalities to procure power directly from independent power producers (IPPs). Draft amendments... 

Opinion: Unpacking pertinent questions related to municipalities procuring power from IPPs
SAWEA CEO Ntombifuthi Ntuli

Report reveals minigrid benefits for Africa

By: Donna Slater     14th August 2020 Minigrid electricity developer industry association, the Africa Minigrids Developers Association (Amda), on August 13 launched its 'Benchmarking Africa’s Minigrids' report, which finds that minigrids outperform utilities in terms of affordability, with average installed costs of $733 a... 

UIF hits R40bn disbursement mark 

By: Simone Liedtke     Updated 7 hours ago The Unemployment Insurance Fund has hit the R40-billion mark in Covid-19 Temporary Employer/Employee Relief Scheme disbursements in efforts to ease the financial difficulties faced by workers during the pandemic-induced lockdown. Dubbed the “magical figure” that government committed to,... 

UIF hits R40bn disbursement mark

Neasa withdraws High Court application to interdict more custom duties

By: Marleny Arnoldi     14th August 2020 The National Employers’ Association of South Africa (Neasa) has withdrawn its urgent application in the Gauteng High Court to stop the implementation of a 10% import tariff and custom duties on coated flat-rolled products. Neasa had launched an urgent application in the Gauteng High Court last... 

CIG narrows interim loss, but remains under pressure

By: Simone Liedtke     Updated 2 hours 57 minutes ago Construction company Consolidated Infrastructure Group (CIG) expects to report a headline loss a share of between 91c and 137c for the six months ended June 30. This will be an improvement of between 67% and 78% compared with the headline loss a share of 417c reported for the six months ended... 

King Shaka International Airport announces updated Covid-19 operational processes

By: Rebecca Campbell     Updated 3 hours ago Durban’s King Shaka International Airport (King Shaka) on Friday announced that it was updating its operations processes concerning Covid-19. The new processes would come into effect on Sunday (August 16). King Shaka is one of the airports owned and operated by the Airports Company South Africa.... 

Airports company assures that its airports are safe despite need for ILS recertification

By: Rebecca Campbell     Updated 7 hours ago State-owned Airports Company South Africa (Acsa) issued a clarification and assurance on Thursday regarding operational safety at their airports. This followed reports that some of their airports had been or would be closed due to the need to recertify their instrument landing systems (ILS).... 

Impact of Covid-19 on African aviation even worse than previously expected

By: Rebecca Campbell     14th August 2020 The global representative body of the airline industry, the International Air Transport Association (Iata), on Thursday warned that the impact of the Covid-19 pandemic on the African aviation sector and wider economy was set to be worse than previously expected. Iata’s previous assessment of the... 

Water for All provides borehole in Mathabatha

By: Natasha Odendaal     14th August 2020 Water for All, comprising a consortium of Atlas Copco, Rand Air and Epiroc, has installed a new borehole in Mathabatha, in Limpopo, to alleviate a shortage of water and bolster sanitation and hygiene amid the Covid-19 pandemic. The installation of boreholes provides a simple and cost effective... 

SAPVIA shares solar installation tips

By: Marleny Arnoldi     Updated 6 hours ago While State-owned power utility Eskom and the National Energy Regulator of South Africa continue their legal battles and with another tariff hike looming in April 2021, households and businesses might well be asking what this means for them, says the South African Photovoltaic Industry... 

Globeleq appoints chief development officer

By: Simone Liedtke     Updated 4 hours ago Independent power producer Globeleq has appointed Jonathan Hoffman chief development officer (CDO). The newly created CDO role is intended to unify the company’s growth strategy. 

Japanese shipping company says Mauritius government has requested compensation

By: Reuters     14th August 2020 The Japanese shipping company that owns the bulk carrier that struck a coral reef off of Mauritius and leaked some 1 000 t of oil said the government of Mauritius had requested compensation. Nagashiki Shipping also said in a statement that the cause of the incident was still not known and would... 

Japanese shipping company says Mauritius government has requested compensation

Zoetis launches genomic test for cows

By: Marleny Arnoldi     Updated 4 hours ago With food security increasingly under the microscope in the wake of the Covid-19 pandemic and as the financial pressure on the dairy sector increases, animal health company Zoetis has launched Clarifide Plus to predict key cow and calf wellness traits in South Africa’s dairy cattle. Technical... 

Master Drilling expects to report lower earnings

By: Simone Liedtke     Updated 4 hours ago Drilling contractor Master Drilling expects its headline earnings per share (HEPS) for the six months ended June 30  to be between 49.5c and 57.2c a share, which will be between 25.5% and 35.5% lower year-on-year. Earnings per share (EPS) for the six months are expected to be between 46.2c and... 

Commission welcomes tribunal's approval of settlement with panel beating company

By: Simone Liedtke     Updated 4 hours ago The Competition Commission has welcomed the Competition Tribunal's decision to confirm a settlement agreement between the commission and a Gauteng-based panel beating company, Eldan Auto Body, for fixing prices, dividing market and collusive tendering. The tribunal's decision was made on August 12. 

Islamic State-linked fighters seize Mozambique LNG port town

By: Bloomberg     14th August 2020 Fighters linked to Islamic State took control of a northern Mozambican port town that’s been a key logistics link for a $23-billion natural-gas project that Total is building, according to Risk Advisory Group. It’s the third time this year the insurgents have seized Mocimboa da Praia, located... 

Stage 2 load-shedding to continue, Eskom says

By: African News Agency      14th August 2020 Despite successfully returning four generation units to service, Eskom on Thursday has said this will not stave off load-shedding and has announced that it will continue to implement Stage 2 load-shedding until 10pm on Thursday and between 8am and 10pm on Friday. "This load-shedding has been... 

 Stage 2 load-shedding to continue, Eskom says

Risk of load-shedding could worsen 

14th August 2020 Creamer Media's Chanel de Bruyn speaks to Creamer Media Editor Terence Creamer about new analysis published by the Council for Scientific and Industrial Research that shows that load-shedding in 2020 has surpassed that of 2019 and, if urgent action is not taken, South Africa is likely to face... 

Risk of load-shedding could worsen

Majola to officiate virtual sodturning ceremony of black industrialist firm

By: Simone Liedtke     13th August 2020 Trade, Industry and Competition Deputy Minister Fikile Majola will officiate the Toronto Group’s virtual sodturning ceremony of the first-of-a-kind charcoal manufacturing plant that will use alien invasive species on August 18. Toronto Group is a beneficiary of the Department of Trade, Industry... 

The use of recycled plastic used to store electrical energy demonstrated in the US

By: Rebecca Campbell     13th August 2020 Researchers in the US have successfully used recycled plastic to create rapidly-charging energy storage devices. The research team is composed of engineering professors and students at the University of California Riverside (UCR), and they have been working on using sustainable resources –... 

The use of recycled plastic used to store electrical energy demonstrated in the US
Photo by University of California Riverside
Left to right: Professors Cengiz and Mihri Ozkan.

GBK Restaurant meets July revenue target

By: Tasneem Bulbulia     13th August 2020 JSE-listed Famous Brands says it is satisfied with the operational performance of the GBK Restaurant stores that are trading. In an update to shareholders on August 13, it said 37 of the 62 GBK stores in the UK were open and offering delivery, collect and dine-in service. 

Didiza starts addressing backlogs in Cape Town, other deeds offices

By: Marleny Arnoldi     13th August 2020 In heeding Western Cape Finance and Economic Opportunities Minister David Maynier’s call for Agriculture, Rural Development and Land Reform Minister Thoko Didiza to urgently intervene in the repeated closure of the Cape Town Deeds Office, she has announced her commitments to address the matter.... 

Seven African countries to start testing for Covid-19 antibodies

By: Reuters     13th August 2020 Seven African countries will start administering coronavirus antibody tests from next week, a regional body said on Thursday, as part of efforts to understand the extent of the outbreak on the continent. "Liberia, Sierra Leone, Zambia, Zimbabwe, Cameroon, Nigeria, Morocco are the first set of... 

Seven African countries to start testing for Covid-19 antibodies

SANEDI, MDA work together to support South African mineworkers

By: Simone Liedtke     13th August 2020 The South African National Energy Development Institute (SANEDI) and the Mineworkers Development Agency (MDA) have signed a partnership agreement that will result in them collaborating to bring relief to the country’s former mineworkers and their communities in the wake of mine closures and the... 

World faces four urgent global crises, says PwC's Blair Sheppard in new book

By: Tasneem Bulbulia     13th August 2020 The world has ten years to solve its urgent challenges or it will be too late, says global firm  PwC Strategy and Leadership global leader Blair Sheppard. In his new book, Ten Years to Midnight: Four Urgent Global Crises and Their Strategic Solutions, Sheppard sets out why that timeline is so... 

Operators call for lower spectrum pricing

By: Natasha Odendaal     13th August 2020 While the imminent auction of high-demand spectrum by the end of the year is a promising step forward for South Africa’s fifth-generation (5G) ambitions, if the price is set too high in the bidding process, it may prove detrimental. The interim findings of a study by World Wide Worx into the... 

PPC progresses restructuring initiatives

By: Marleny Arnoldi     13th August 2020 In reiterating the objective and current status of its restructuring and refinancing project, JSE-listed cement manufacturer PPC on August 13 said it remained on track to reach the necessary agreements for sustainable capitalisation of the company across the geographies that it operates in. The... 

PPC progresses restructuring initiatives

DMRE calls for engagement over litigation following IPP judgment 

By: Terence Creamer     13th August 2020 The Department of  Mineral Resources and Energy has urged stakeholders in the electricity industry to engage on an ongoing basis to avoid litigation, following a court ruling this week referring a dispute between the Minister and the City of Cape Town over the procurement  of electricity from... 

DMRE calls for engagement over litigation following IPP judgment

South Africans must work together on an accelerated economic recovery plan – Exxaro  

By: Martin Creamer     13th August 2020 South Africans must work together on an accelerated economic recovery plan that focuses on inclusive growth and prosperity for all citizens, Exxaro Resources CEO Mxolisi Mgojo  said on Thursday. Speaking during the black-empowered resources company’s presentation of very strong dividend-yielding... 

Exxaro CEO Mxolisi Mgojo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Awesome new proudly South African face mask kindling international interest  

By: Martin Creamer     13th August 2020 An awesome new proudly South African face mask, with a replaceable filtration system at its heart, is attracting international interest. The innovative and timely Hudaco Air Mask is a lockdown-period product of the Johannesburg Stock Exchange-listed Hudaco Industries group. (Also watch attached... 

Hudaco CEO Graham Dunford and Hudaco’s executive consultant Mike Allnutt discuss the new Hudaco face mask innovation with Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

EVs of all kinds to overtake ICEs by 2030, says KPMG survey 

By: Irma Venter     13th August 2020 For the first time in the history of the KPMG Global Automotive Executive Survey, executives think that by 2030 the largest share of vehicles will not be powered by an internal combustion engine (ICE). Executives also feel that fuel-cell electric vehicles (FECVs), battery-electric vehicles... 

EVs of all kinds to overtake ICEs by 2030, says KPMG survey

New blasting record set at Northern Cape mine

By: Simone Liedtke     13th August 2020 Blasting services company Enaex Africa has set a new record for the highest number of detonators fired in a single blast in South Africa, by blasting 3 618 units at United Manganese of Kalahari's Russik mine, in the Northern Cape. Enaex´s subsidiary in Africa is a joint venture with... 

Etion widens losses

By: Natasha Odendaal     13th August 2020 JSE-listed Etion has reported a significant widening of its loss after tax for the year ended March 31, on the back of economic weakness, one-off restructuring costs and write-offs and impairments. The group posted a 1 237% plunge in loss after tax, from a loss of R2.7-million in the prior year... 

UIF TERS extended July/August applications to open next Monday

By: Donna Slater     13th August 2020 The Unemployment Insurance Fund (UIF) will open and begin processing the July/August Covid-19 Temporary Employee Relief Scheme (TERS) benefits applications from August 17. This follows the signing of the new directive on the extended period of benefits by Employment and Labour Minister Thulas... 

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