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IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa 

By: Terence Creamer     28th September 2020 President Cyril Ramaphosa says the Gazetting of a Ministerial determination enabling the development of more than 11 800 MW of new electricity capacity by independent power producers signals government’s intention to move ahead with one of the key reforms needed to unlock growth and investment in... 

IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa
Photo by Creamer Media
President Cyril Ramaphosa

Eskom tests market for Medupi flue gas desulphurisation solutions 

By: Terence Creamer     Updated 7 hours ago State-owned electricity utility Eskom has issued a no-obligation request for information (RFI) in a bid to gain insight into what flue gas desulphurisation (FGD) technologies are currently available and to assess their potential suitability for deployment at the Medupi power station, in Limpopo.... 

Eskom tests market for Medupi flue gas desulphurisation solutions

Green shoots evident in local economy, says NADA chairperson 

By: Irma Venter     28th September 2020 “There is a natural tendency for South Africans to look at the negative aspects of the nation’s economy under lockdown, but if we look on the brighter side, green shoots are in plain view,” says National Automobile Dealers’ Association (NADA) chairperson Mark Dommisse. “Firstly, we are pleased... 

Green shoots evident in local economy, says NADA chairperson
Mark Dommisse

Battery electric vehicles to make up 25% of Kia sales by 2029

By: Irma Venter     Updated 7 hours ago “By refocusing our business on electrification, we are aiming for battery electric vehicles (BEVs) to account for 25% of our total worldwide sales by 2029,” says Kia president and CEO Ho Sung Song. Kia says it plans to establish a leadership position in the global electric vehicle (EV) market by... 

Battery electric vehicles to make up 25% of Kia sales by 2029
Kia CEO Ho Sung Song

South Africa's post coronavirus economic recovery faces risks - Moody's 

By: Reuters     28th September 2020 South Africa's post coronavirus economic recovery will face a number of constraints, with risks of a larger than forecast contraction this year tilted to the upside, ratings firm Moody's said on Monday. A recession deepened by the impact of the coronavirus has frustrated economic reform efforts... 

South Africa's post coronavirus economic recovery faces risks - Moody's

National Treasury seeks conditions on SAA loan guarantees 

By: Bloomberg     28th September 2020 South Africa’s National Treasury wants strict conditions attached to any guarantees it provides for loans to the country’s embattled state airline, according to two people familiar with the matter. Treasury and Department of Public Enterprises officials met Saturday to discuss ways to restart... 

South African Airways Techical suspends services to parent over nonpayment

By: Reuters     28th September 2020 South African Airways' maintenance subsidiary has withdrawn services to its parent after the struggling airline failed to pay money owed to the unit, an SAA spokesman said on Saturday. Administrators took control of SAA in December after almost a decade of financial losses, and have been trying... 

Investec says rand on track to average at R17/$ for third quarter

By: Simone Liedtke     Updated 6 hours ago South Africa’s volatile currency is currently trading at R17.22/$ and is on track to average just under R17/$ for the third quarter of the year, says financial services provider Investec. It reports that high levels of uncertainty continue to plague financial markets, with a second wave of... 

August PPI increases, pointing to better selling market for manufacturers

By: Donna Slater     Updated 6 hours ago The rate of producer price index (PPI) inflation increased to 2.4% year-on-year in August and was also higher than the 1.9% year-on-year recorded in July, mainly on account of the changes in the food and petroleum subcomponents, financial services company Investec notes. The Steel and... 

SAWEA welcomes gazetting of determination to procure more renewable energy

By: Donna Slater     Updated 6 hours ago The South African Wind Energy Association (SAWEA) welcomes Mineral Resources and Energy Minister Gwede Mantashe’s gazetted Section 34 Ministerial determination to procure more renewable energy from independent power producers (IPPs). SAWEA enthuses that this step takes the wind energy sector one... 

Emirates flights to King Shaka International to resume, says MEC

By: Yvonne Silaule     Updated 6 hours ago Airline Emirates will soon resume flights to the King Shaka International Airport, in KwaZulu-Natal,  MEC for Economic Development, Tourism and Environmental Affairs Nomusa Dube-Ncube said on September 28. Flights were previously suspended as a result of the Covid-19-related lockdown in South... 

L2D portfolio recovering from Covid-19 blow

By: Simone Liedtke     Updated 7 hours ago While the reopening of the South African economy has contributed to a recovery in trading conditions for Liberty Two Degrees (L2D), the company’s operational performance for the first six months of this year was significantly impacted by the Covid-19 pandemic and the implementation of a national... 

Radisson opens twelfth hotel in South Africa

By: Marleny Arnoldi     Updated 6 hours ago Radisson Hotel Group is on track to open its twelfth hotel in South Africa, with the opening of the Radisson Hotel & Convention Centre Johannesburg which will be launched at OR Tambo International Airport in October. The group first entered the South African market in 2000 and has since grown... 

Radisson opens twelfth hotel in South Africa
The Radisson Hotel & Convention Centre at O.R Tambo International Airport, opening in October

TechSoft to support municipalities in revenue recovery, collections management

By: Tasneem Bulbulia     Updated 6 hours ago Technology solutions provider TechSoft International has developed an integrated and data-rich solution to assist in improving revenue management and collection for struggling municipalities. With the company’s C3 platform, municipal entities are said to be able to leverage a software tool that... 

Sustainable wood-based housing market possible in South Africa, say researchers

By: Simone Liedtke     Updated 6 hours ago Researchers at Stellenbosch University (SU) have found that South Africa has sufficient log resource options for a sustainable wood residential market. SU’s Department of Forest and Wood Science Dr Philip Crafford says the researchers’ study showed that, with the use of wood resources currently... 

Sustainable wood-based housing market possible in South Africa, say researchers

Support streams in for campaign to conserve 30% of the planet by 2030

By: Marleny Arnoldi     Updated 6 hours ago The Campaign for Nature has welcomed additional support, pledged by world leaders, for its science-based target to protect 30% of the planet by 2030. Campaign for Nature works with scientists, indigenous people and a growing coalition of conservation organisations around the world to call on... 

juwi appoints Austin as regional director

By: Donna Slater     28th September 2020 Renewable Energy company juwi Renewable Energies has appointed former MD Greg Austin as Europe, Middle East and Africa (EMEA) regional director, effective October 1. He has worked in the renewable energy sector since 2000 and joined juwi in 2012 as South Africa MD.  

juwi appoints Austin as regional director
juwi Renewable Energies incoming Europe, Middle East and Africa regional director Greg Austin

IWA recognises Rand Water senior manager as distinguished fellow

By: Tasneem Bulbulia     28th September 2020 The International Water Association (IWA) Fellows steering committee and the IWA board of directors have approved Rand Water GM for scientist services Professor Hamanth Kasan's nomination as an IWA Distinguished Fellow. Kasan is only the second South African and the first local expert of colour... 

ARA conference to be held virtually next month

By: Simone Liedtke     Updated 7 hours ago Newly appointed executive secretary of the African Refiners and Distributors Association (ARA) Anibor Kragha has called for urgent financing to upgrade oil refineries and associated infrastructure to avoid premature deaths caused by air pollution in developing economies. Speaking ahead of the... 

LG affirms commitment to providing quality air purification solutions for MEA region  

By: Tasneem Bulbulia     Updated 6 hours ago The pandemic has heightened concerns over health and air quality and LG Air Solutions' latest portfolio of air purification solutions for the Middle East and Africa (MEA) region aims to deal with the growing concerns about air quality inside buildings and facilities, as well as outdoors. This was... 

South Africa has 22 operating manganese mines – AmaranthCX ­ 

By: Martin Creamer     Updated 6 hours ago South Africa has 22 operating manganese mines, with only four of them owned in part by Johannesburg Stock Exchange (JSE)-listed companies, AmaranthCX director Paul Miller has calculated. All are in the Northern Cape, except for four small mines well outside the Northern Cape in the North West,... 

South Africa has 22 operating manganese mines – AmaranthCX ­
Mamatwan manganese mine in South Africa's Northern Cape.

Airbus receives firm order from Nato

By: Simone Liedtke     Updated 6 hours ago Airbus has received a firm order for an Airbus A330 Multi-Role Tanker Transport (MRTT) from European organisation, Organisation for Joint Armament Cooperation (OCCAR), for the management of cooperative armament programmes.   The order, which OCCAR has placed on behalf of North Atlantic Treaty... 

Airbus receives firm order from Nato

SA commits $500 000 to empower female financial leaders 

By: Yvonne Silaule     28th September 2020 South Africa has made a commitment of $500 000 to the African Women Impact Fund, which seeks to empower women financial leaders. South African President Cyril Ramaphosa, in his capacity as President of the African Union, said on Monday, during a high level virtual panel hosted by G7 Partnership... 

SA commits $500 000 to empower female financial leaders
AU President Cyril Ramaphosa

Skilled workers seek jobs on the streets of South Africa

By: Bloomberg     28th September 2020 South Africa is forecast to set an unwelcome world record this week when its statistics agency is predicted to report unemployment rose to a record 34.8% in the second quarter, which would be the highest of 83 countries tracked by Bloomberg. Ayanda Mbatha was among the unlucky ones who joined the... 

Skilled workers seek jobs on the streets of South Africa

SEZ webinar to spotlight economic growth potential, industrialisation

By: Donna Slater     28th September 2020 The Department of Trade, Industry and Competition (DTIC), in partnership with the Centre for Development and Enterprise (CDE), will on September 29 host a webinar on the role of special economic zones (SEZs) as drivers of economic growth and industrialisation.   Trade, Industry and Competition... 

ARC Investments notes update on R750m rights offer

By: Tasneem Bulbulia     25th September 2020 JSE-listed African Rainbow Capital (ARC) Investments has made a rights offer circular available on its website. The company previously announced its intention to raise R750-million, less expenses of the rights offer of about R3.5-million, through a fully committed and underwritten pro rata... 

Manganese market fundamentals reaffirmed at Tesla Battery Day

By: Marleny Arnoldi     25th September 2020 TSX-V-listed Giyani Metals Corporation says it is encouraged by the endorsement of high-purity manganese as a critical component of cathode chemistries, as discussed during the Tesla Battery Day event on September 22. Tesla announced that the cathode chemistry for its intermediate range... 

Manganese market fundamentals reaffirmed at Tesla Battery Day
Photo by Creamer Media
Manganese ore

Iata signs agreement with UN counter-terrorism agency

By: Rebecca Campbell     25th September 2020 The International Air Transport Association (Iata), the representative body of the global airline industry, and the United Nations (UN) Office of Counter-Terrorism (UNOCT) have signed, in a virtual ceremony, a memorandum of understanding to strengthen cooperation in regard to the UN Countering... 

Eskom COO cleared of all wrongdoing in Aveng payment dispute

By: Marleny Arnoldi     25th September 2020 The grievance procedure brought against Eskom COO Jan Oberholzer has been brought to finality and he has been cleared of all wrongdoing in a payment dispute with a contractor, construction company Aveng, power utility Eskom said in a statement on September 25. Following a court’s findings... 

Eskom COO cleared of all wrongdoing in Aveng payment dispute
Photo by Creamer Media's Donna Slater
Eskom COO Jan Oberholzer

Green hydrogen economy growing rapidly – Hatch 

By: Martin Creamer     25th September 2020 At Glencore’s Raglan Mine, in Canada, a closed loop, microgrid system converts excess wind power to hydrogen, which is then stored in tanks. During periods of low wind power, a fuel cell produces electricity from the stored hydrogen, and within the facility are also innovations such as a battery... 

Green hydrogen economy growing rapidly – Hatch
Photo by Raglan Mine
Glencore's Raglan Mine in Canada.

Diesel vehicle push could boost platinum demand, says WPIC 

By: Donna Slater     25th September 2020 A resurgence in encouraging vehicle buyers to buy diesel vehicles could result in a boost for platinum demand, says the World Platinum Investment Council (WPIC). In January 2021, the European Commission will measure the average fleet carbon dioxide (CO2) emissions of each European automotive... 

DMRE confirms Eskom as buyer of renewable energy under REIPPPP Bid Window 5 

By: Marleny Arnoldi     25th September 2020 Mineral Resources and Energy Minister Gwede Mantashe on September 25 gazetted a Section 34 Determination to procure energy from independent power producers. This paves the way for Bid Window 5 of the Renewable Energy Independent Power Producer Procurement Programme.  

DMRE confirms Eskom as buyer of renewable energy under REIPPPP Bid Window 5

Airlink airline restarting regional operations in early October

By: Rebecca Campbell     25th September 2020 South African private-sector airline Airlink has announced that it will start phasing back in its regional flight network, with effect from October 5. It also announced that it will soon institute a new regional route, to Mozambique. On October 5 the airline will restart operations between... 

Airlink airline restarting regional operations in early October
Photo by St Helena Tourist Authority
An Embraer E190 of Airlink

‘Emergency’ IPP power projects to be grid-connected by mid-2022 

By: Marleny Arnoldi     25th September 2020 The Department of Mineral Resources and Energy (DMRE) and the Independent Power Producer (IPP) Office has set the long-stop date for projects under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) to start commercial operation as the end of June 2022. The... 

‘Emergency’ IPP power projects to be grid-connected by mid-2022

Transition to green energy needs to happen as soon as possible, says think tank

By: Donna Slater     25th September 2020 The transition from burning fossil fuels and the large-scale emitting of carbon dioxide and other harmful gases to renewable energies needs to happen as quickly as the industry can manage, independent financial think tank Carbon Tracker Initiative founder and executive chairperson Mark Campanale... 

Global steel output up 0.6% y/y in August

By: Creamer Media Reporter      25th September 2020 Global steel production for the 64 countries reporting to the World Steel Association (worldsteel) increased by 0.6% year-on-year to 156.2-million tonnes in August. Steel production in Africa, however, decreased by 11.2% year-on-year to 775 000 t, driven by a 24% year-on-year decrease in South... 

Significant step forward in clean aviation with hydrogen-powered flight in the UK

By: Rebecca Campbell     25th September 2020 Anglo-US company ZeroAvia has successfully carried out the world’s first flight of a ‘commercial-grade’ aircraft powered by a hydrogen fuel cell. The aircraft is a modified Piper Malibu, a single-engined six-seater (comprising, usually, one pilot and five passengers). The flight took place at... 

Significant step forward in clean aviation with hydrogen-powered flight in the UK
Photo by ZerpAvia
ZeroAvia’s hydrogen fuel cell-powered Pipe Malibu takes off on its first flight. Note the specially-assigned and symbolic registration of G-HYZA

Western Cape launches fifth route in Cape Cycle network

By: Yvonne Silaule     25th September 2020 Western Cape Premier Alan Winde and Minister of Finance and Economic Opportunities David Maynier have launched the Karoo Crossing Route in the Cape Karoo gem of Prince Albert. The Karoo Crossing is the fifth route in the Cape Cycle Routes network, which is a Western Cape government-led initiative... 

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