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New VWSA chief outlines vision for navigating the electric revolution and African market growth

By: Irma Venter     16th April 2021 An informal ‘contract’ signed at a conference, on a serviette, can hardly be viewed as a binding document, but somehow it saw Volkswagen Group South Africa (VWSA) chairperson and MD Dr Robert Cisek make his way to Kariega (formerly known as Uitenhage) to take over the reins at the local arm of... 

New VWSA chief outlines vision for navigating the electric revolution and African market growth

Circular economy a key component of South Africa’s post-Covid-19 recovery, says Creecy

By: Simone Liedtke     Updated 1 hour 4 minutes ago South Africa’s post-Covid-19 Economic Reconstruction and Recovery Plan includes a green economy component, of which the circular economy is a key component, to ensure environmental protection and the sustainable use of the country’s natural resources. “The plan promotes waste recycling, renewable... 

Circular economy a key component of South Africa’s post-Covid-19 recovery, says Creecy
Photo by Creamer Media's Donna Slater
Forestry, Fisheries and Environment Minister Barbara Creecy

Hulamin sees sales volume recovery after lull in 2020 

By: Marleny Arnoldi     15th April 2021 Aluminium supplier Hulamin has reported a healthier order book and a return to operating profitability in the final quarter of its 2020 financial year, ended December 31, after having experienced strong headwinds from March 2020. The company explains in its latest results statement that local... 

Hulamin sees sales volume recovery after lull in 2020

IMF suggests priorities for sub-Saharan Africa to recover from being slowest growing region  

By: Marleny Arnoldi     15th April 2021 Sub-Saharan Africa’s economic growth is set to recover this year; yet, the path to recovery, and overcoming the long-lasting effects of the pandemic, will be difficult, warns the International Monetary Fund (IMF). Policymakers must strive to deliver vaccines, while restoring the health of public... 

IMF suggests priorities for sub-Saharan Africa to recover from being slowest growing region

AFC Energy extends partnership with ABB, sets out to raise £35m

By: Marleny Arnoldi     Updated 1 hour 9 minutes ago Aim-listed hydrogen technology developer AFC Energy has entered into a strategic partnership with technology group ABB regarding the development of electric vehicle (EV) charging systems. ABB is investing £3.25-million into AFC Energy, as a commitment to the international e-mobility market to... 

Emerging coal changes poised to present new electricity price risk 

By: Martin Creamer     15th April 2021 South Africa’s emerging coal mining changes are poised to present new electricity price risk as the Treasury and Eskom are called upon to consider the softening of uneconomic contractual coal-supply obligations. An example of this is Treasury being asked to authorise Eskom paying more to Seriti... 

Emerging coal changes poised to present new electricity price risk
South32 COO Mike Fraser

Structural reform implementation necessary to drive economic growth, says BLSA CEO

By: Tasneem Bulbulia     15th April 2021 It is no secret that the country is not doing well from an economic perspective, with all indicators pointing to this continuing in the wrong direction. The issues of poverty, inequality and unemployment were expected to worsen and, therefore, much was required to turn this situation around,... 

Companies may face TERS audits, as DEL appoints forensic auditors

By: Schalk Burger     15th April 2021 Companies that have received money through the Covid-19 Temporary Employer/Employee Relief Scheme (TERS) may be selected for audit and face legal action for noncompliance, says advisory multinational EY Europe, Middle East, India and Africa People Advisory Services senior manager Ruth Maforimbo.... 

Bell posts R57m full-year loss, but says order books healthy in most regions

By: Schalk Burger     15th April 2021 A 14% year-on-year decrease in sales for the financial year ended December 31, 2020, has led to JSE-listed materials handing equipment company Bell Equipment reporting a loss after tax of R57.2-million. Additionally, following several years of large expansions in Europe and the US, Bell finds... 

Nissan's Magnite small SUV finally lands in South Africa

By: Irma Venter     15th April 2021 The Nissan Magnite compact sports-utility vehicle (SUV) has officially landed in South Africa. It will participate in the highly competitive B-SUV segment, along with vehicles such as the Hyundai Venue and Suzuki Vitara Brezza. 

Nissan's Magnite small SUV finally lands in South Africa

Sisulu pleased with upgrade at the Rooiwal Wastewater Treatment Works

By: Creamer Media Reporter      15th April 2021 Human Settlements, Water and Sanitation Minister Lindiwe Sisulu has welcomed the progress that has been made towards the upgrading of the Rooiwal Wastewater Treatment Works to restore it from its severely deteriorated state. Sisulu visited the facility on April 14 to conduct an inspection at the... 

Telcolink named project house on Gauteng Broadband Network

By: Creamer Media Reporter      15th April 2021 Altron Nexus has appointed information and communications technology solutions provider Telcolink as a project house on the Gauteng Broadband Network (GBN) initiative. The appointment will see Telcolink managing and assisting small, medium-sized and microenterprises in the West-Rand that form... 

Tenders awarded to connect Lesedi gas, solar project to Botswana grid

By: Schalk Burger     15th April 2021 Southern African energy development company Tlou Energy has awarded tenders for the construction of transmission lines and substations to connect the coal-bed methane Lesedi power project to the Botswana national electricity grid at Serowe, the company said on April 14. Botswana electrical... 

Volkswagen Rwanda unveils second charging station for electric vehicles

By: Irma Venter     15th April 2021 Volkswagen Mobility Solutions Rwanda (VWMSR) has unveiled its second charging station for electric vehicles (EVs) in the capital of Kigali. The Volkswagen brand introduced a fleet of four e-Golfs and one charging station in Kigali in October, 2019, as part of an e-mobility pilot project in... 

Volkswagen Rwanda unveils second charging station for electric vehicles

Global survey seeks to understand how circular economy is perceived

By: Simone Liedtke     15th April 2021 The first global survey on the circular economy, which is still a relatively new paradigm which different stakeholders understand differently, will seek to understand how consumers, producers and product designers perceive the circular economy. Titled ‘Imagine Circularity’, the survey’s findings... 

Trafigura backs MAN Energy Solutions’ clean engine development

By: Marleny Arnoldi     15th April 2021 Independent commodity trading company Trafigura Group will co-sponsor the development of an MAN Energy Solutions ammonia-fuelled engine for maritime vessels. The fuel-flexible, two-stroke ammonia engine is expected to be commercially available for large-scale ocean-going ships by 2024, followed... 

Worldsteel forecasts 5.8% steel demand growth in 2021 and 2.7% growth in 2022

By: Schalk Burger     15th April 2021 Industry body the World Steel Association (worldsteel), in its 'Short Range Outlook for 2021 and 2022', forecasts that steel demand will grow by 5.8% to 1.87-billion tonnes this year. In 2022, steel demand will grow by a further 2.7% to reach 1.92-billion tonnes. 

Global commercial aviation sector must strengthen its cybersecurity and cyber resilience

By: Rebecca Campbell     15th April 2021 In a report drawn up in cooperation with the global commercial aviation sector, the World Economic Forum (WEF) has highlighted the need for the aviation industry to unify its approach to cybersecurity. The report is entitled ‘Pathways to a Cyber Resilient Aviation Industry’ and it was published... 

Airbus signs military transport aircraft servicing deal with Egypt

By: Rebecca Campbell     15th April 2021 Airbus Defence and Space, part of the Airbus group, announced on Thursday that it had signed a five-year services contract with the Egyptian Air Force (EAF), to support the latter’s force of C295 twin turboprop transport aircraft. The EAF operates the largest fleet of C295s in the world, with 24... 

Airbus signs military transport aircraft servicing deal with Egypt
Photo by Airbus
An Airbus C295 of the Egyptian Air Force

White House considers methane-busting vow before climate summit

By: Bloomberg     Updated 1 hour 29 minutes ago The Biden administration is considering singling out methane for significant reductions as part of a pledge to cut greenhouse gases in advance of a climate summit next week, according to two people familiar with the matter. President Joe Biden is already expected to unveil an ambitious goal for... 

Magazine round up | 16 April 2021 

16th April 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Magazine round up | 16 April 2021

Firm to donate essential goods to charity, contribute to Solidarity Fund

By: Schalk Burger     15th April 2021 Personal protective clothing and safety equipment company Mine Africa Safety Solutions has agreed to donate essential goods to a charity and contribute to the Solidarity Fund, as part of the terms of a consent agreement concluded between it and the Competition Commission. The Competition Tribunal... 

Fuel price breather could be on the cards for financially burdened consumers, according to the AA

By: News24Wire      15th April 2021 The current data shows the prospect of a 32 cents-a-litre drop in the price of diesel. Financially burdened South African consumers might get a fuel price breather in May, the Automobile Association said on Thursday. This is due to stability on international petroleum markets and a stronger... 

 Fuel price breather could be on the cards for financially burdened consumers, according to the AA

Profound benefits for metals in store once US infrastructure plan passes

By: Marleny Arnoldi     15th April 2021 When US President Joe Biden announced a $2-trillion bill on March 31, becoming known as his infrastructure plan, it made commodity research company Fastmarkets, for one, excited about the opportunities it may hold for metals. The bill has been dubbed the American Jobs Plan, despite a political... 

Profound benefits for metals in store once US infrastructure plan passes
US President Joe Biden announced the so-called American Jobs Plan at the end of last month.

Electricity, water price hikes pose risk to inflation outlook – central bank

By: Reuters     15th April 2021 Above-inflation increases to South Africa's electricity and water prices pose a risk to the consumer inflation outlook and could trigger a rise in lending rates, the central bank said on Wednesday. "These risks, should they materialise, could drive headline above the 4.5% target midpoint and... 

UN report on women’s autonomy shows Africa, including South Africa, has a lot to do

By: Rebecca Campbell     15th April 2021 In its latest report, ‘My Body is My Own: State of the World Population Report 2021’, the United Nations Population Fund (UNFPA) has revealed that, in 57 developing countries for which adequate data is available, only 55% of women are able to make fully autonomous decisions regarding health care,... 

Register for Creamer Media’s email newsletters to stay in touch with the daily news

15th April 2021 Readers of Engineering News Online, MiningWeekly.com and Polity.org.za are invited to subscribe – free of charge – to Creamer Media’s email newsletters.   The email newsletters, which are designed to provide comprehensive coverage of breaking news developments and which offer specific regional... 

Register for Creamer Media’s email newsletters to stay in touch with the daily news

Anglo American secures 100% renewables across its South American operations

By: Tasneem Bulbulia     15th April 2021 Diversified miner Anglo American has delivered on its commitment to source 100% renewable energy for all its operations in Brazil, Chile and Peru. The miner previously secured renewable energy to meet all of its power requirements for its iron-ore and nickel operations in Brazil from 2022, as... 

Anglo American secures 100% renewables across its South American operations
The Quellaveco copper operation, in Peru, will be powered by renewable energy.

80 students to gain forestry sector skills as part of master plan rollout

By: Schalk Burger     14th April 2021 Under the Forestry Sector Masterplan, which emphasises forestry skills development, about 80 students will participate in the programme at the Fibre Processing and Manufacturing Sector Education and Training Authority (FPM Seta) and the universities of the Witwatersrand and Pretoria. They will... 

Infrastructure development using private funding to provide benefits if projects are sustainable

By: Schalk Burger     14th April 2021 Infrastructure investing, when done sustainably, can deliver significant economic benefits to a country and for generations to come, but fund managers have to take a holistic view to ensure they make investments into sustainable infrastructure projects, says financial services group Sanlam... 

Public have until month-end to comment on new lighting lamp specifications

By: Schalk Burger     14th April 2021 South Africans have until April 30 to comment on the recently gazetted specifications for general service lamps. The specifications are aimed at improving the safety, performance and energy efficiency of lightbulbs approved for use in South Africa by phasing out inefficient and environmentally... 

Barberton should be focus of new gold thrust – exploration geologist  

By: Martin Creamer     14th April 2021 Barberton should be the prime target to get South African gold mining going again, with geologists having an input at all stages of development and mining cycle. “The main area that I think we should be concentrating on now is on Barberton. I think it has some exceptional geology,” said highly... 

Exploration geologist Graham Gavine interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

EOH expects restructuring to be completed soon; will pursue growth from later this year

By: Schalk Burger     14th April 2021 Information and communication technology services group EOH reported in its interim results for the six months ended January 31, 2021, that it had stabilised its businesses, achieved an operating profit for the first time in two years and narrowed its headline loss a share. It achieved an... 

SBI papers make recommendations to engender small business growth, aid recovery

By: Tasneem Bulbulia     14th April 2021 Nonprofit organisation the Small Business Institute (SBI) on April 14 released four additional papers in its series of six aimed at the promotion and development of small business in South Africa, during the Covid-19 pandemic and beyond. The other two papers in the series were released previously. 

Spectrum progress being made, but allocation unlikely in 2021 

By: Natasha Odendaal     14th April 2021 While the auction of high demand spectrum has experienced another setback and is not likely to be allocated this year, much progress has been made compared with a year ago. The release date of high demand spectrum remains uncertain, owing to several legal battles over the Independent... 

Consumer behaviour to remain restricted as household budgets continue to take strain – Deloitte

By: Donna Slater     14th April 2021 Although it is now well known that Covid-19 has subdued global economies and put strain on consumers’ willingness to splurge on non-essential items, professional services firm Deloitte shines a light on how consumer behaviour is being shaped currently and how they plan to spend money going into... 

Cabinet expected to approve Hydrogen Society Roadmap by early 2022 at latest 

By: Terence Creamer     14th April 2021 South Africa’s Hydrogen Society Roadmap (HSRM) will be presented for Cabinet approval either before the end of the year or early next year and should outline how the country’s resource advantages should be leveraged to produce green hydrogen, as well as to integrate hydrogen-related technologies,... 

 Cabinet expected to approve Hydrogen Society Roadmap by early 2022 at latest

Platinum price to rise as green hydrogen emerges as a new demand segment 

By: Simone Liedtke     14th April 2021 The rarity of platinum, combined with a decline in supply and overwhelming demand, is a formula for a build-up of a “perfect storm”, says independent precious metal consultant Dr David Davis, who says that this will lead to significant upward pressure on the price of platinum, to which investors... 

Platinum price to rise as green hydrogen emerges as a new demand segment
Dr David Davis

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