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Global stock-taking report points to only modest renewables gains in total final energy consumption 

By: Terence Creamer     15th June 2021 A new international stock-take of the global transition to renewable energy highlights an “alarming gap between targets and actions” with the share of fossil fuels in energy consumption failing to decrease for the tenth consecutive year in 2020, despite a 4% Covid-linked fall in demand. Published... 

Global stock-taking report points to only modest renewables gains in total final energy consumption

Ramaphosa announces move to Level 3 lockdown

By: Creamer Media Reporter      15th June 2021 President Cyril Ramaphosa has announced that the country will move to Level 3 lockdown from June 15. A curfew will be in place from 22:00 to 04:00 and gatherings will be limited to 50 people indoors and 100 people outdoors. 

Ramaphosa announces move to Level 3 lockdown
President Cyril Ramaphosa

Suppliers to lose contracts for failing to cut carbon emissions – study

By: Donna Slater     15th June 2021 A new study by financial services provider Standard Chartered reveals that multinational companies will cut suppliers for failing to curb carbon emissions, with 78% of multinational corporations (MNCs) planning to cut ties with suppliers that endanger their carbon transition plans by 2025. For... 

PwC embarks on new global strategy to tackle modern issues 

By: Donna Slater     15th June 2021 Assurance, advisory and tax services firm PwC launched its new network strategy narrative – called The New Equation – on June 15, with the aim of focusing on two interconnected needs that clients are facing and will increasingly face in the coming years. PwC Africa CEO Dion Shango says The New... 

PwC embarks on new global strategy to tackle modern issues
Photo by Creamer Media's Donna Slater
PwC Africa CEO Dion Shango

Mediclinic signs 12-year solar power purchase agreement

By: Schalk Burger     15th June 2021 Private healthcare and hospital company Mediclinic on June 15 announced that it had signed a 12-year power purchase agreement (PPA) with sustainable infrastructure investment fund manager Moshesh Partners, to reduce the hospital group's energy costs. Mediclinic, based in South Africa and Namibia,... 

Aspasa hopes to have concerns heard via online meetings with the DMRE

By: Simone Liedtke     15th June 2021 Surface mining industry association the Aggregate and Sand Producers Association of Southern Africa (Aspasa) has compiled its “big four” priorities to address problems and opportunities in the industry. The association has been mandated by its members to approach the with the Department of... 

Aspasa hopes to have concerns heard via online meetings with the DMRE
Aspasa director Nico Pienaar

Arrowhead starts merger negotiation process with Fairvest

By: Marleny Arnoldi     15th June 2021 JSE-listed Arrowhead Properties has advised that it has started engaging in merger discussions with fellow-listed Fairvest Property. This follows after an independent board assessing the potential merits of such a transaction with Fairvest, having determined that it is in the best interest of... 

APDP Phase 2 to take effect on July 1

By: Marleny Arnoldi     15th June 2021 Trade, Industry and Competition Minister Ebrahim Patel has advised that amendments to the Automotive Production and Development Programme (APDP) will be gazetted on June 25 and implemented from July 1. The APDP is an automotive industry support policy consisting of rebates and refunds of... 

Partnership eyed for vaccine rollout acceleration in Africa

By: Donna Slater     15th June 2021 World Bank president David Malpass and his senior management team, comprising Dr Axel van Trotsenburg and Dr Makhtar Diop, have met with the African Union’s Covid-19 Vaccine Acquisition Task Team (Avatt) to discuss modalities for a partnership that will accelerate vaccine deployment to Africa.... 

Partnership eyed for vaccine rollout acceleration in Africa

Mpact reports ‘strong’ trading for first five months of 2021

By: Simone Liedtke     15th June 2021 Trading for the first five months of this year has been strong for paper and packaging manufacturer Mpact, with underlying profit exceeding pre-pandemic comparatives in both the plastics and paper businesses. Group revenue for the period ended May 31, 2021, was R4.8-billion and exceeded the prior... 

Supporting young engineers important for future of infrastructure in South Africa, says Saice

By: Schalk Burger     15th June 2021 The South African Institution of Civil Engineering's (Saice's) Young Members Panel chairperson Michael Mhlanga says young engineers are the future custodians of South Africa’s infrastructure and should be supported in their personal and professional development. Continuous education, mentorship,... 

Shoprite spends R700m over five years training more than 30 000 youths

By: Schalk Burger     15th June 2021 Retail chain Shoprite Group has spent more than R700-million over the past five years on skills development and training programmes to enhance the career options of South Africa’s unskilled and unemployed youth. It has trained 24 308 people in its own Retail Readiness Programme, provided 1 027... 

Smart irrigation tech grows presence in South African market

By: Marleny Arnoldi     15th June 2021 Precision agriculture company SupPlant has raised $10-million to widen the reach of its smart irrigation technology in the South African market. The company partnered with private equity firm Boresight Capital, social impact fund Menomadin Foundation, Israel-listed Smart-Agro Fund and... 

Smart irrigation tech grows presence in South African market
SupPlant technology

Paramount, partners enter final phase of US Armed Overwatch programme

By: Donna Slater     15th June 2021 A team from US-based defence engineering company Leidos, in partnership with South African aerospace and defence company Paramount Group, has been selected to enter the final phase of the US Special Operations Command’s (Socom’s) Armed Overwatch aircraft prototype programme. Leidos, Paramount US... 

Paramount, partners enter final phase of US Armed Overwatch programme
Paramount US's Bronco II aircraft

100 start-ups included in WEF's list of 2021 Technology Pioneers

By: Schalk Burger     15th June 2021 International organisation the World Economic Forum (WEF) on June 15 announced its 2021 Technology Pioneers, with 100 new technology firms included in the cohort for this year. The Technology Pioneers are young and growing technology companies taking on top global concerns with innovative... 

Fourth international WindAc Africa conference to be held in October

By: Simone Liedtke     15th June 2021 The South African Wind Energy Association (SAWEA) will host the fourth international academic wind energy conference – WindAc Africa 2021 – at the South African Renewable Energy Technology Centre’s conference centre, in Cape Town, from October 5 to 7. This academic exchange platform offers a... 

Fourth international WindAc Africa conference to be held in October
SAWEA CEO Ntombifuthi Ntuli

Big oil must work harder to slash Africa emissions, WoodMac says

By: Bloomberg     15th June 2021 Oil majors need to curb emissions in sub-Saharan Africa -- where almost half of their most polluting assets are located -- as investors demand greater efforts to slash carbon output, according to Wood Mackenzie. Crucially, the companies must reduce gas flaring -- the process of burning off gas... 

Volkswagen seeks partners for battery materials race

By: Reuters     Updated 4 hours ago Volkswagen is in talks with suppliers to secure direct access to raw materials for electric vehicle (EV) batteries via partnerships, one of its board members told Reuters on Tuesday. The world's second biggest carmaker is trying to exert more control over key components in its supply chain such... 

Volkswagen seeks partners for battery materials race

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM 

By: Martin Creamer     15th June 2021 As part of the cleaner, safer vehicles initiative of the International Council on Mining and Metals (ICMM), more than 300 vehicle fleets have this year been assessed for cleaner, safer mobility on more than 300 mines in five regions globally, ICMM health, safety and product stewardship director... 

International Council on Mining and Metals’ Sarah Bell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Ramaphosa to address nation on Covid-19 response 

By: Sashnee Moodley     15th June 2021 As South Africa heads into the third wave of the Covid-19 pandemic, President Cyril Ramaphosa is set to address the nation at 20:00 on Tuesday. According to a statement from the Presidency, he will provide updates on developments in government’s current response to the Covid-19 pandemic. This... 

Ramaphosa to address nation on Covid-19 response
President Cyril Ramaphosa

VW CEO chides G7 Leaders for failing to set coal phase-out date

By: Bloomberg     15th June 2021 Volkswagen’s CEO criticized Group of Seven (G7) leaders for failing to set a firm date to phase out coal power, saying it’s senseless to let electric vehicles run on dirty energy. “That’s not enough, @G7. Disappointing outcome,” VW CEO Herbert Diess tweeted Tuesday. “We need to exit coal much... 

Nigeria’s cratering economy may become Africa’s biggest threat

By: Bloomberg     15th June 2021 If there was ever a time Nigeria could have taken off, it was in 1999. Democracy had been restored, with its economy reopening after decades of mismanagement and plunder under military dictatorships. Tomi Davies, a systems analyst, was one of thousands of Nigerians who came home to help rebuild... 

Congo picks Australia's Fortescue to develop giant hydro project

By: Reuters     15th June 2021 Democratic Republic of Congo's (DRC's) government said on Tuesday Fortescue Metals Group would develop the Grand Inga hydroelectric power project, including a 4,800-megawatt dam that has already been committed to Chinese and Spanish developers. Australia's Fortescue confirmed earlier on Tuesday... 

Congo picks Australia's Fortescue to develop giant hydro project
Andrew Forrest

Reinvestment in South Africa needed to ‘plant the seeds’ for a better future, says Exxaro 

By: Simone Liedtke     15th June 2021 Reinvestment is needed to “plant the seeds” and create a better future for South Africa, says diversified miner Exxaro Resources projects and technology executive head Johan Meyer. This is especially critical considering that Covid-19 has made it more challenging to secure investments, but also... 

Reinvestment in South Africa needed to ‘plant the seeds’ for a better future, says Exxaro

PIC says it is not involved in SAA deal

By: Marleny Arnoldi     15th June 2021 The Public Investment Corporation (PIC) has clarified that its funds will not be used by a private sector consortium to acquire a 51% private equity stake in South African Airways (SAA). The State-owned investment manager says it is not involved in the acquisition, nor are the assets it... 

G7 DFIs, partners to invest over $80bn in African businesses

By: Donna Slater     14th June 2021 Development finance institutions (DFIs) of the Group of Seven (G7) economies, together with several multilateral partners, have announced their commitment to investing $80-billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa. Among... 

Nxesi issues new directive for workplace vaccinations

By: Tasneem Bulbulia     14th June 2021 Employers should find a reasonable resolution that accommodates all parties where employees refuse to be vaccinated for medical and constitutional grounds. This is contained in the new consolidated directive on occupational health and safety (OHS) measures in certain workplaces, which was... 

Water department extends comment period for unconventional gas regulations

By: Donna Slater     14th June 2021 The Department of Water and Sanitation (DWS) has extended the period available for the public and key sector stakeholders to comment on the unconventional gas regulations, as published in government notice 406 in Government Gazette 44545 in May, by 60 days. This follows after stakeholders... 

Transformational investing a challenge for developing nations – investment panel

By: Donna Slater     14th June 2021 Africa presents a unique case for the type of transformational investing that is required for sustainability, to meet the United Nations’ Sustainable Development Goals (SDGs) and to achieve net-zero carbon emissions by 2050, according to panellists participating in a Sanlam Investments Forum on... 

Rebeca Grynspan appointed Unctad Secretary-General

By: Tasneem Bulbulia     14th June 2021 Rebeca Grynspan of Costa Rica will be the new Secretary-General of UN trade and development body Unctad. Her nomination to the post by UN Secretary-General António Guterres was approved by the UN General Assembly on June 11. 

South African coal supply to fall off coal cliff from 2025 onwards – Jones 

By: Martin Creamer     14th June 2021 South African coal supply is set to fall off a coal-cliff from 2025 onwards, African Source Markets CEO Bevan Jones said on Monday. In response to Mining Weekly, Jones cited the three main factors that would cause South African coal supply to plummet as: 

South African coal supply to fall off coal cliff from 2025 onwards – Jones
Coal stockpiling at Mpumalanga coal mine.

Globeleq starts building 19 MW solar plant in Cuamba, Mozambique

By: Marleny Arnoldi     14th June 2021 Independent power producer (IPP) Globeleq, together with State-owned utility Electricidade de Moçambique (EDM) and Source Energia, has started construction of a 19 MW solar photovoltaic plant, in Mozambique. The Cuamba solar plant also has a 2 MW storage system and will contribute to... 

Globeleq starts building 19 MW solar plant in Cuamba, Mozambique
Cuamba solar site, in Mozambique

Sudan says it is open to conditional interim deal on Ethiopian Renaissance Dam

By: Reuters     14th June 2021 Sudan is open to a partial interim agreement on Ethiopia's multibillion-dollar Renaissance Dam on the Blue Nile, on specific conditions, Irrigation Minister Yasir Abbas told a news conference on Monday. The conditions include the signing-off of everything that has already been agreed on in... 

Sanral undertaking road improvement activities

By: Tasneem Bulbulia     14th June 2021 The South African National Roads Agency Limited (Sanral) is undertaking a number of road improvement activities in several provinces. It has noted in a series of media releases that it has recently awarded a contract for the resurfacing of National Road R33, Section 6, from Mkhondo to Amsterdam,... 

Buoyant hardware, building material markets push up confidence index

By: Irma Venter     14th June 2021 After slipping to 27 in the first quarter of the year, the FNB/BER Building Confidence Index has increased to 39 in the second quarter of the year. Even though this is the highest level of the index since the first quarter of 2018, at the current level, more than 60% of respondents says they are... 

Buoyant hardware, building material markets push up confidence index
Siphamandla Mkhwanazi

Agri confidence reaches all time high of 75

By: Marleny Arnoldi     14th June 2021 It has been quite some time since South Africa’s agricultural sector has had as good a season as the current one, Agricultural Business Chamber (Agbiz) states in the latest Agbiz/Industrial Development Corporation Agribusiness Confidence Index (ACI). The index reached a record high of 75 in the... 

Agri confidence reaches all time high of 75

White House highlights manganese as potential preferred battery element contender 

By: Martin Creamer     14th June 2021 The White House document on revitalising American manufacturing and fostering broad-based economic growth pays particular attention to South Africa as the world’s largest supplier of manganese, and to manganese as a potential preferred battery element contender, Mining Weekly can today report.... 

White House highlights manganese as potential preferred battery element contender
Photo by Creamer Media
The White House on building supply chains.

DNG seeks to interdict winners of South African power tender

By: Bloomberg     14th June 2021 A losing bidder in a South African tender for the provision of 2 000 MW of power is seeking to interdict the winners from completing their agreements. The application to South Africa’s High Court by DNG Energy threatens to halt the provision of electricity needed to ease recurrent outages in... 

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