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Replacing world’s costliest 500 GW of coal with solar and wind would shave $23bn off system costs

By: Terence Creamer     Updated 38 minutes ago Replacing the costliest 500 GW of coal with solar photovoltaic (PV) and onshore wind would cut power system costs by up to $23-billion a year and reduce annual carbon dioxide (CO2) emissions by around 1.8 gigatons, equivalent to 5% of total global CO2 emissions in 2019, a new report shows. The... 

Replacing world’s costliest 500 GW of coal with solar and wind would shave $23bn off system costs

Magubane appointed new chair of governance-impaired SFF

By: Terence Creamer     Updated 3 hours ago Respected former Department of Energy director-general Nelisiwe Magubane has been appointed as the new chairperson of the Strategic Fuel Fund (SFF), the governance-impaired subsidiary of the State-owned Central Energy Fund (CEF). Magubane, who is also executive chairperson of Matleng Energy... 

Magubane appointed new chair of governance-impaired SFF
Photo by Creamer Media
Nelisiwe Magubane

Sasol appoints Mabelane to lead energy business as Radebe retires

By: Terence Creamer     Updated 3 hours ago Chemicals and energy group Sasol has appointed Priscillah Mabelane as the new executive vice president of its energy business, replacing Maurice Radebe, who will retire from Sasol on September 30 after 16 years with the group. Mabelane’s appointment is effective from September 1 and she will also... 

Sasol appoints Mabelane to lead energy business as Radebe retires
Priscillah Mabelane

Auto industry awaits new normal as sales drop by 65%

By: Irma Venter     Updated 3 hours ago The new-vehicle market during May recorded 12 932-unit sales as the industry spluttered back to life following the Alert Level 5 national lockdown.  This number is 68% down on May last year and is only about 30% of the market activity seen in the first two months of the year. 

Auto industry awaits new normal as sales drop by 65%

South African rand falls as risk appetite wanes on US protests, Sino-US tensions

By: Reuters     Updated 3 hours ago The South African rand fell against the dollar in early trade on Tuesday, amid growing concerns over US-China tensions and rising violent protests across the United States. At 0645 GMT, the rand traded at 17.4130 per dollar, 0.22% lower than its previous close. 

South African rand falls as risk appetite wanes on US protests, Sino-US tensions

Nissan plant rolls out INTUboxes to hospitals 

By: Irma Venter     1st June 2020 Local arm of Japanese vehicle maker Nissan and the University of Pretoria (UP) have partnered to create and manufacture INTUboxes.   The INTUbox is a transparent vessel-box which protects health professionals who have to intubate and treat acutely ill Covid-19 patients.  

Nissan plant rolls out INTUboxes to hospitals

Engineering News & Mining Weekly e-magazine now available

28th May 2020 For the duration of South Africa’s Covid-19 lockdown period, Creamer Media is providing free digital access to our flagship Engineering News & Mining Weekly news magazine. Click now to read our latest edition. 

Engineering News & Mining Weekly e-magazine now available

Ford implements phased restart at vehicle, engine plants 

By: Irma Venter     1st June 2020 Ford has implemented a phased restart for its South African operations beginning June 1, including kicking off vehicle and engine production and bringing back the first wave of employees who are not able to do their jobs remotely. "We’ve been working intently with national government, our safety... 

Ford implements phased restart at vehicle, engine plants

Imperial says nine-month performance ‘unsatisfactory’ amid Covid-19 impact

By: Simone Liedtke     Updated 1 hour 27 minutes ago Africa- and Europe-focused logistics company Imperial Logistics says its performance in the nine months to March 31, was “unsatisfactory”, adding that the Covid-19 pandemic was continuing to severely impact on the company's operations in more than 32 countries. During a yearly investor day... 

DWS Gauteng water tank rollout hits over 2 000

By: Natasha Odendaal     Updated 1 hour 32 minutes ago The Department of Water and Sanitation (DWS) has delivered 2 211 water tanks across Gauteng. Since the start of the Covid-19 outbreak in South Africa, the department has been deploying water tanks to communities in densely-populated areas across Gauteng. 

SAAE urges water security investment to relieve post-Covid-19 economic stresses

By: Natasha Odendaal     Updated 4 hours ago The South African Academy of Engineering (SAAE) has urged government to focus on targeted water infrastructure investment post-Covid-19 to bolster jobs and the economy amid limited resources. In a letter written to President Cyril Ramaphosa, the association advised a focus on infrastructure... 

SAA rescue plan features more bailouts 

By: Reuters     1st June 2020 A draft rescue plan for South African Airways (SAA) contains about R4.6-billion of new bailouts as part of a restructuring aimed at saving the airline from collapse, a copy of the plan showed on Monday. State-owned SAA entered business rescue - a local form of bankruptcy protection - in December... 

SAA rescue plan features more bailouts

New Africa-focused IPP venture emerges following buy-out

By: Terence Creamer     1st June 2020 A new Africa-focused renewables independent power producer (IPP) has been formed following a buy-out of Building Energy’s Africa and Middle East business by a joint venture comprising Building Energy’s management and Inspired Evolution’s Evolution II Fund. Rebranded Red Rocket and headquartered... 

New Africa-focused IPP venture emerges following buy-out
10MW solar plant in Tororo, Uganda

Kariba dam's water allocation targets maintained, says authority

By: Schalk Burger     2nd June 2020 Binational catchment authority, the Zambezi River Authority in a June 1 update on the state of the Kariba dam at the end of the rainy season said it has predominantly maintained the allocation of 23-billion cubic metres of water to power uitilities Zesco, in Zambia, and the Zimbabwe Power... 

Digital enterprises needed to ensure effective remote working

By: Schalk Burger     2nd June 2020 To take advantage of a digitally-connected, remote workforce, enterprises should use digital workers, such as robotic process automation, chatbots and virtual assistants, to do repetitive work or data analysis while employees focus on decision-, direction- and emotional tasks supported by the... 

Rockwell releases industrial cybersecurity assessment app

By: Schalk Burger     2nd June 2020 Industrial technology multinational Rockwell Automation has released a new app to help operations managers, plant floor managers and information technology/operational technology (IT/OT) professionals gauge levels of operational risk within their connected infrastructures. The Assessment Hub app... 

SAPVIA says draft new generation regulations fall short of mark

By: Creamer Media Reporter      1st June 2020 The South African Photovoltaic Industry Association (SAPVIA) says draft amendments to the Electricity Regulations on New Generation Capacity enabling municipalities to develop or procure their own power generation fall short of addressing needs of either industry or municipalities. Mineral... 

SAPVIA says draft new generation regulations fall short of mark

Production capacity rises in May but to remain subdued until demand grows

By: Donna Slater     1st June 2020 Having plunged to an all-time low of 5.1 index points in April, financial services provider Absa’s Purchasing Manager’s Index (PMI) survey rose sharply to 43.2 index points in May, propelled by many factories returning to production in May when South Africa went into Alert Level 4, the bank... 

ANC looks for new levers to boost South Africa’s economy

By: Bloomberg     1st June 2020 The head of economic transformation in South Africa’s ruling party proposed a range of measures to bolster the economy, ranging from encouraging the use of pension funds and the central bank to finance infrastructure spending to the creation of a state bank and pharmaceutical company. Enoch... 

ANC looks for new levers to boost South Africa’s economy
Enoch Godongwana

Kganyago sees limit to central banks’ virus role

By: Bloomberg     1st June 2020 South African Reserve Bank Governor Lesetja Kganyago warned against unrealistic expectations about what central banks can do to soften the coronavirus’s impact and said they should remain focused on maintaining price and financial stability. Kganyago’s comments, made in an interview with... 

Outlook continues to deteriorate – Standard Bank

By: Martin Creamer     1st June 2020 The outlook for the 12 month period to the end of December continues to deteriorate, Standard Bank stated on Monday in a voluntary trading update and trading statement for the six month period ending June 30. Africa’s biggest lender by assets advised that earnings in the six months to June 30... 

Outlook continues to deteriorate – Standard Bank
Standard Bank Group building

TIPS Tracker: The economy and the pandemic

1st June 2020 Trade and Industrial Policy Strategies' (TIPS's) 'Tracker: The economy and the pandemic' highlights important trends in the Covid-19 pandemic in South Africa and how they affect the economy. Trends in Covid-19 infections in the Western Cape continue to look qualitatively different from the rest... 

TIPS Tracker: The economy and the pandemic

Bidvest warns of lower earnings amid Covid-19

By: Donna Slater     1st June 2020 Services, trading and distribution group, the Bidvest Group, expects its headline earnings a share and earnings a share for the financial year to June 30 to be more than 20% lower year-on-year, as a result of the impact of Covid-19 on some of its businesses. While trading profit has been... 

Renergen remains on track to execute Virginia gas project

By: Simone Liedtke     1st June 2020 The 2020 reporting period has arguably been emerging liquefied natural gas (LNG) and helium producer Renergen’s busiest to date, with major milestones including a successfully completed initial public offering on the ASX, which raised A$10-million for the company, ensuring that the company... 

Grinaker-LTA predicts construction woes will pass, emerging sectors will shore up industry

By: Schalk Burger     1st June 2020 Although the construction industry is experiencing serious headwinds as a result of stagnant growth, low business confidence, a lack of investment and, most recently, the impact of Covid-19-related restrictions, construction multinational Grinaker-LTA says there will always be a need for the... 

Gautrain extends operating hours

By: Donna Slater     1st June 2020 The Gautrain will, from June 1, expand its operating hours for the train service, in line with the easing of travel restrictions. Trains will operate daily, with the first trains departing from end stations at 05:30 and the last trains departing from these stations at 20:30. 

Gautrain extends operating hours

Telenor, Sony and Ericsson team to develop smart IoT devices

By: Natasha Odendaal     1st June 2020 Ericsson, Sony Network Communications Europe and Telenor Connexion are collaborating to enhance intelligent real-time location, tracking and monitoring solutions for different sectors using the Internet of Things (IoT). The trio are leveraging Telenor's network, Ericsson’s IoT Accelerator for... 

Astronauts carried into space by commercial spacecraft from SpaceX

By: Rebecca Campbell     1st June 2020 Space history was made on May 30 when two American astronauts (Robert Behnken and Douglas Hurley) were carried into space by a commercial spacecraft. This was the Crew Dragon space capsule, launched on a Falcon 9 rocket, the entire system being the product of the SpaceX company, founded by South... 

Astronauts carried into space by commercial spacecraft from SpaceX
Photo by Nasa
The Falcon 9 rocket carrying the Crew Dragon spacecraft lifts off from KSC on May 30.

EU to revamp steel-import controls as virus-hit economy recovers

By: Bloomberg     1st June 2020 The European Union plans to revamp its steel-import restrictions to guard against major market distortions as the bloc’s economy recovers from the effects of the pandemic. The proposed changes apply to EU import curbs introduced two years ago to prevent a controversial 25% US levy on foreign... 

EU to revamp steel-import controls as virus-hit economy recovers

Air transport association welcomes world body’s safe air travel guidelines

By: Rebecca Campbell     Updated 36 minutes ago The International Air Transport Association (Iata) – the representative body for the global airline industry – has called on governments around the world to swiftly implement the guidelines developed by the International Civil Aviation Organisation (ICAO – a specialist agency of the United... 

Airlines association welcomes limited restart of South African aviation but still seeks aid

By: Rebecca Campbell     Updated 55 minutes ago The Airlines Association of Southern Africa (AASA) has welcomed the re-authorisation, on a limited basis, of domestic commercial flying in South Africa. This was the consequence of the government’s decision to ease the national lockdown restrictions (intended to counter the Covid-19 pandemic)... 

Battery metals traceability project launched to enhance sustainability of industry

By: Donna Slater     Updated 1 hour 40 minutes ago Finland-based research, development and innovation organisation VTT says the success of electric vehicles (EVs) may be determined by production methods and information on the origins of battery materials in the future. VTT and the Geological Survey of Finland GTK have, therefore, launched a... 

Swiss institute advances technology to trace pearl origins

By: Marleny Arnoldi     Updated 2 hours 8 minutes ago The Swiss Gemmological Institute (SSEF) has introduced a new service to support the documentation of the origin and provenance of pearls, assisting the pearl trade in documenting origins and improving the traceability of pearls. The service is supported by the SSEF’s deoxyribonucleic acid (DNA)... 

New natural diamond council launched

By: Martin Creamer     Updated 2 hours 19 minutes ago A natural diamond is made from carbon and is the hardest natural known substance on earth. Natural diamonds are created over a period of one to three billion years, many kilometres below the earth's mantle under natural conditions of very high pressure and high temperature. But unlike champagne,... 

New natural diamond council launched
Natural Diamond Council supports United Nations Sustainable Development Goals.

New Finnish copper technology for Democratic Republic of Congo 

By: Martin Creamer     1st June 2020 New copper solvent extraction technology is to be delivered to the Democratic Republic of Congo (DRC) by Finnish mining technology company Outotec. La Sino-Congolaise des Mines SA (Sicomines) has awarded the contract for the delivery of the copper solvent extraction plant to Sicomines’... 

New Finnish copper technology for Democratic Republic of Congo
Photo by Outotec
Solvent extraction lines.

Bowmans into Malawi, Zambia amid pandemic

By: Sane Dhlamini     1st June 2020 Law firm Bowmans has expanded its services to Malawi and Zambia despite the coronavirus (Covid-19) pandemic that is crippling the world economy. The announcement comes less than a year after it announced it was opening a new office in Mauritius and entering into an alliance with Assefa &... 

Bowmans into Malawi, Zambia amid pandemic

New Sabric CEO appointed

By: Schalk Burger     1st June 2020 Nischal Mewalall has been appointed CEO of the South African Banking Risk Information Centre (Sabric). He was appointed after an extensive search and brings a wealth of experience and insights to the organisation, which can only help build on Sabric’s firm foundations, while also looking at... 

Ukwazi launches sustainable mining, environmental and mine closure management division

By: Schalk Burger     1st June 2020 Mining service specialist company Ukwazi on June 1 launched a new division to provide solutions for environmental and closure liability management, including post-closure plans. New approaches in environmental and social governance are required to successfully manage complex country, market and... 

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