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Sasol narrows immediate asset-disposal focus to ‘top ten’ list

By: Terence Creamer     Updated 23 minutes ago Chemicals and energy group Sasol has developed a list of ten major assets that will be prioritised for sale in the coming weeks and months as it moves to streamline the business into what is being termed ‘Sasol 2.0’, while also raising proceeds to help it reduce a $9.5-billion debt burden. In... 

Sasol narrows immediate asset-disposal focus to ‘top ten’ list
Photo by Creamer Media
Sasol CFO Paul Victor

Host of new tech sees Merc trucks save up to 5% on fuel 

By: Irma Venter     Updated 3 hours ago The new Actros heavy-duty truck launched in South Africa comes with a host of “next-level innovations”, says Daimler Trucks & Buses Southern Africa (DTBSA) CEO Michael Dietz. These include the absence of outside mirrors in favour of in-cab screens (mounted on the A-pillars) that are linked to... 

MirrorCam debuts in South Africa

Jaguar Land Rover, partners to launch wireless charging taxi project in Oslo

By: Irma Venter     Updated 6 hours ago In a programme known as ‘ElectriCity’, Jaguar Land Rover (JLR) will join Nordic taxi operator Cabonline (NorgesTaxi), the region’s largest charge point operator Fortum Recharge, US technology developer Momentum Dynamics and the City of Oslo to build wireless, high-powered charging infrastructure... 

Jaguar Land Rover, partners to launch wireless charging taxi project in Oslo

Mapasa says BRL business rescue proceeding well despite some challenges

By: Simone Liedtke     Updated 7 hours ago Progress is being made with the implementation of the business rescue plan of embattled construction company Basil Read Limited (BRL), a subsidiary of Basil Read Holdings Limited (BRHL), “despite challenges”, Basil Read CEO Khathutshelo (K2) Mapasa tells Engineering News.. BRL operates in the... 

Mapasa says BRL business rescue proceeding well despite some challenges
CEO Khathutshelo (K2) Mapasa

IDC appoints Gert Gouws acting CFO

By: Donna Slater     Updated 6 hours ago The Industrial Development Corporation (IDC) has appointed Gert Gouws as its acting CFO for a period of three months while the process of appointing the permanent incumbent is being finalised. The IDC notes that the recruitment process is progressing well and is expected to be concluded soon.  

IDC appoints Gert Gouws acting CFO
Photo by Creamer Media
IDC acting CFO Gert Gouws

Nersa’s Gumede calls for overhaul of ‘outdated’ electricity tariff methodology 

By: Terence Creamer     2nd July 2020 National Energy Regulator of South Africa (Nersa) fulltime member for electricity Nhlanhla Gumede has called for the regulatory methodology used to set electricity tariffs in South Africa to be overhauled, arguing that the multiyear price determination (MYPD) approach is not aligned with the... 

Nersa’s Gumede calls for overhaul of ‘outdated’ electricity tariff methodology
Nersa fulltime member for electricity Nhlanhla Gumede

Engineering News & Mining Weekly e-magazine now available

2nd July 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

Nersa to provide concurrence on technology-specific determination this month 

By: Terence Creamer     2nd July 2020 The National Energy Regulator of South Africa indicated on Thursday that it intended providing concurrence this month for a Ministerial determination that would open the way for the procurement of new electricity generation capacity in line with allocations contained in the 2019 edition of the... 

Nersa to provide concurrence on technology-specific determination this month

Public-led, private-backed water infrastructure roll-out signalled

By: Schalk Burger     3rd July 2020 Public and private organisations in the water sector and financiers are ready to build water infrastructure projects and deal with demand, as well as water loss and delivery barriers, to improve water management and long-term security. These projects include bulk water supply infrastructure, and... 

Public-led, private-backed water infrastructure roll-out signalled

Public Enterprises states that four SAA unions willing to accept severance packages 

By: Rebecca Campbell     2nd July 2020 The Department of Public Enterprises reported on Thursday that four of the unions representing employees of State-owned national flag carrier South African Airways had indicated that they were willing to sign the voluntary severance packages being offered by the DPE to SAA employees. SAA is... 

Value of AutoTrader used-car sales surge to R7.3bn in June

By: Irma Venter     2nd July 2020 AutoTrader data shows that the value of used-car sales through its platform increased by 46% month-on-month in June, while the market in the Western Cape – which saw a 101% increase in sales last month – is on the boil.  The Volkswagen Polo Vivo was the most popular used car sold in the Western... 

Value of AutoTrader used-car sales surge to R7.3bn in June

June new-vehicle sales decline by 31%, exports down 39%

By: Irma Venter     2nd July 2020 The South African new-vehicle market returned to its first full month of sales in June since the Covid-19 lockdown started.  However, this did not mean a return to the level of sales seen before the pandemic, as the domestic market remains under pressure. 

June new-vehicle sales decline by 31%, exports down 39%

South Africa records first current account surplus in 17 years

By: Reuters     2nd July 2020 South Africa recorded its first current account surplus in 17 years in the first quarter of 2020 as the trade balance more than doubled, central bank data showed on Thursday. The current account swung to a surplus of 1.3% of gross domestic product, or 69.7 billion rand ($4.12 billion), in... 

Local medical radioisotope producer continues exports despite lockdown

By: Rebecca Campbell     2nd July 2020 South African Nuclear Energy Corporation (Necsa) subsidiary company NTP Radioisotopes (NTP) has reported that, since the imposition of South Africa’s national lockdown in late March, it had been able to dispatch more than 120 shipments of medical radioisotopes to customers around the world. Both... 

Two killed, seven injured in incident at Astron's Milnerton refinery

By: Marleny Arnoldi     2nd July 2020 Petrochemicals company Astron Energy has confirmed that two people were killed and seven injured in a fire at its 100 000 bbl/d Milnerton refinery, in the Western Cape, in the early hours of July 2. The company immediately activated its emergency response procedures and notified the relevant... 

AMSA clarifies details of safeguard application for structural steel products

By: Schalk Burger     2nd July 2020 ArcelorMittal South Africa (AMSA) on July 1 said it had, in collaboration with Evraz Highveld Steel, applied for safeguards on structural steel products produced at the Highveld Structural Mill, being the only producer of these products in the country. AMSA emphasised that it haD not approached... 

Global efforts needed to fast-track clean energy innovation

By: Simone Liedtke     2nd July 2020 A significant and concerted global push to accelerate innovation will be needed to pave the way to the energy sector reaching net-zero emissions, according to International Energy Agency’s (IEA’s) Energy Technology Perspectives (ETP) Special Report on Clean Energy Innovation. The report discusses... 

Icasa to publish WOAN, spectrum invitation

By: Natasha Odendaal     2nd July 2020 The Independent Communications Authority of South Africa (Icasa) is preparing to publish the Invitation To Apply (ITA) for both the Wireless Open Access Network (WOAN) and the International Mobile Telecommunications (IMT) spectrum. While Icasa has made “extensive progress” in developing both ITAs... 

TFR implementing new online truck scheduling system at City Deep Terminal

By: Simone Liedtke     2nd July 2020 Transnet Freight Rail (TFR) will implement the Navis Truck Appointment System at its City Deep Terminal in Johannesburg from July 6. The online truck scheduling system will not only regulate the flow of trucks to the terminal, but will also enable physical distancing during the Covid-19 pandemic. 

Transnet undertakes upgrades at various terminals

By: Marleny Arnoldi     2nd July 2020 Transnet Port Terminals (TPT) has prepared for a 13% increase in citrus volumes this year, with new equipment being set up to boost operations at the Port Elizabeth, Durban and Ngqura container terminals. This follows the Citrus Growers Association’s forecast that new orchards coming into... 

PIC decreases interest in PPC to near 14%

By: Donna Slater     2nd July 2020 State-owned investment management company, the Public Investment Corporation (PIC), has disposed of a portion of its interest in the ordinary shares of building materials company PPC. The PIC now holds 13.98% of PPC's shares, compared with the 19.92% it previously held.  

Construction Index tracks down, hopes for recovery pinned in infrastructure build

By: Schalk Burger     2nd July 2020 While JSE-listed industrial and construction materials company Afrimat's Construction Index (ACI) was down by 12 points year-on-year in the first quarter of this year, there is some hope of a recovery for the construction sector in government’s infrastructure-led economic growth recovery plan... 

Hydrogen-powered aviation preparing for takeoff – study 

By: Martin Creamer     2nd July 2020 Hydrogen as an energy source will play a key role in transforming aviation into a zero-carbon/climate-neutral system over the next few decades, an independent study states in estimating that the first short-range hydrogen-powered demonstrator could be developed by 2028 if sufficient investments... 

Hydrogen-powered aviation preparing for takeoff – study
Strong steps being taken to clean up the skies by using hydrogen to power aircraft.

Cement sector welcomes Sidssa commitments, urges increased local content

By: Tasneem Bulbulia     1st July 2020 The South African cement industry, represented by industry organisation, The Concrete Institute (TCI), has welcomed the outcomes of the Sustainable Infrastructure Development Symposium South Africa (Sidssa), held last week.  The symposium was convened by Dr Kgosientso Ramokgopa, head of the... 

Proudly SA launches new ‘buy local’ campaign

By: Simone Liedtke     2nd July 2020 Proudly South African (SA) this week launched its new “Buy Local” consumer education campaign that will go live on various platforms, including television, on July 3. The campaign calls on all South African citizens to contribute to putting the local economy and South Africans back to work by... 

Pandemic severely impacting on tourism, but there are positives, says WHO

By: Tasneem Bulbulia     2nd July 2020 The Covid-19 pandemic has had a massive impact on tourism and travel in Africa; however, there are opportunities for the tourism sector in the medium term, and potential for recovery as borders start reopening, speakers said during a World Health Organisation- (WHO-) hosted webinar on July 2. WHO... 

Top 100 companies' value dropped by 15% by March, report shows

By: Schalk Burger     2nd July 2020 The Global Top 100 companies performed strongly from March to December 2019, increasing their market capitalisation (cap) by 20%. However, their market cap decreased by 15% from December 2019 to March 2020, a report compiled by professional services multinational PwC shows. These top 100... 

Sanedi appoints interim CEO

By: Marleny Arnoldi     2nd July 2020 South African National Energy and Development Institute (Sanedi) has announced the appointment of CFO Lethabo Manamela to interim CEO, effective May 1. This followed the departure of Dr Thembakazi Mali, who took up a senior position at petrochemicals company Sasol.  

Sanedi appoints interim CEO
Sanedi interim CEO Lethabo Manamela

Grindrod appoints new FD

By: Marleny Arnoldi     2nd July 2020 JSE-listed logistics group Grindrod has announced the appointment of Fathima Ally as group FD, effective September 1. She succeeds Xolani Mbambo, who is moving into an operations position.  

Growthpoint achieves green building first with development of Serra facility

By: Donna Slater     2nd July 2020 Property investment company Growthpoint and washroom solutions company Serra Services have achieved the first Green Star Existing Building Performance (EBP) rating for an industrial building in Gauteng, with a 5-Star certification for a 7 400 m2 facility in Meadowbrook, Germiston.   An extensive... 

Growthpoint achieves green building first with development of Serra facility

Air transport body calls on African and Middle Eastern governments to end quarantine

By: Rebecca Campbell     2nd July 2020 The global representative body of the airline industry, the International Air Transport Association (Iata), has called on African and Middle Eastern (AME) governments to abandon quarantine measures for arriving air passengers. These policies were doing grave damage to those countries’ aviation... 

ECSA suspends four Satellite Centres in light of Covid-19

By: Simone Liedtke     Updated 9 minutes ago The Covid-19 pandemic has challenged and shifted the premise upon which the Engineering Council of South Africa’s (ECSA’s) Satellite Centres were introduced, leading to the suspension these four centres, says ECSA acting strategic services executive Millicent Kabwe. In email correspondence to... 

Moon metals discovery aids development of lunar formation theories

By: Rebecca Campbell     Updated 28 minutes ago Scientists using data from the US National Aeronautics and Space Administration’s (Nasa’s) Lunar Reconnaissance Orbiter (LRO) spacecraft have discovered evidence that the Moon might, underneath its surface, be richer in metals (such as iron and titanium) than had previously been believed. Nasa is... 

Moon metals discovery aids development of lunar formation theories

Groceries, household supplies and utility bills top international list of higher cost items

By: Simone Liedtke     Updated 35 minutes ago The majority of people across 26 surveyed countries say the overall cost of food, goods and services have increased for them and their families since the Covid-19 pandemic started, according to a global survey by market research company Ipsos. Three in five people (60%) in an online poll of... 

Capacity development, training continues with virtual meetings

By: Schalk Burger     Updated 1 hour 7 minutes ago Professional development nonprofit organisation The South Africa Road Federation (SARF) is delivering ten accredited courses using Microsoft Teams during July and August, with planning for courses later in the year also under way, SARF operations director Basil Jonsson says. South Africa’s road... 

CIDB urges companies to mentor, empower women

By: Marleny Arnoldi     Updated 1 hour 14 minutes ago The Construction Industry Development Board (CIDB) continues to encourage established construction professionals to contribute to transformation in the industry through personal commitment to the mentorship of women. While women-owned entities have been on the rise, most of these fall within... 

National Treasury warns of debt spiral, refutes criticism of reneging on spending commitments

By: African News Agency      Updated 1 hour 27 minutes ago National Treasury on Friday warned in a briefing to MPs that failure to arrest South Africa's debt trajectory would see borrowing costs consume almost a third of the national budget by 2024 and slammed proponents of greater government spending. Treasury said in a presentation to the standing and... 

National Treasury warns of debt spiral, refutes criticism of reneging on spending commitments
Treasury director-general Dondo Mogajane

Port of Cape Town clearing backlogs

By: Simone Liedtke     Updated 1 hour 27 minutes ago The Port of Cape Town is ramping up operations and reducing shipping backlogs caused by the impact of Covid-19 on the port’s human resources. By July 2, the number of vessels waiting at anchorage had been reduced from eight to one vessel for the Multi-Purpose Terminal (MPT) and from 11 to four... 

Port of Cape Town clearing backlogs
THE Port of Cape Town

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