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Business outlines strategy for supporting ramp-up to daily vaccination tempo of 250 000 by September 

By: Terence Creamer     Updated 6 hours ago Business for South Africa (B4SA) has outlined its strategy for a steady upscaling of the private sector’s capacity to administer the Covid-19 vaccine and position the country’s public and private health sectors to reach a daily vaccination rate of more than 250 000 by September. B4SA health... 

Business outlines strategy for supporting ramp-up to daily vaccination tempo of 250 000 by September

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     16th April 2021 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

Hino leads Q1 DATATrack study with its highest score ever

By: Irma Venter     16th April 2021 Hino South Africa (SA) has retained its leadership position in the DATATrack comparative truck industry study. The local arm of the Japanese truck maker achieved top spot in the first quarter study’s overall combined ratings, and also topped all three categories – sales, parts and service.  

Hino leads Q1 DATATrack study with its highest score ever
Pieter Klerck

NHFC, City of Cape Town form partnership to increase provision of decent housing

By: Schalk Burger     16th April 2021 The partnership between the National Housing Finance Corporation (NHFC) and the City of Cape Town to upgrade and maintain the city’s estimated 57 000 units of rental stock will help to provide decent, secure and affordable accommodation to the people who live and work in the city, Human... 

Govt establishes multi-party work team to oversee port performance

By: Yvonne Silaule     16th April 2021 A multi-party work team has been established to tackle key issues related to port performance, President Cyril Ramaphosa has announced. He made the announcement during a visit to the Durban port on April 15. 

City Power to clear electricity lines servitudes of encroaching objects

By: Schalk Burger     16th April 2021 City of Johannesburg utility City Power will embark on a three-week programme to patrol and clear electricity lines servitudes of encroaching objects, it said on April 15. An investigation conducted by City Power into the cause of frequent power outages affecting the north-eastern corridors,... 

BLSA reiterates significance of Eyes and Ears crime fighting partnership

By: Tasneem Bulbulia     16th April 2021 Addressing an Eyes and Ears (E2) meeting this week, independent organisation Business Leadership South Africa (BLSA) national project manager Fouché Burgers said the partners in the initiative had been working hard over the past few years since the initiative was piloted in Gauteng in 2018. It... 

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

By: Marleny Arnoldi     16th April 2021 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... 

Deep market knowledge needed for successful investment in clean technology

By: Schalk Burger     16th April 2021 Clean technology and renewable energy trends are a clear investment play and offer opportunities for investors seeking to make a difference or appreciable investment growth, says asset and investment company Foord Asset Management portfolio manager Brian Arcese. He adds, however, that the... 

AfDB supports AU call for increased vaccine, pharmaceutical production in Africa

By: Schalk Burger     16th April 2021 Development finance institution (DFI) the African Development Bank (AfDB) has pledged its support and expertise to increase the local production of vaccines and therapeutics to achieve greater public health security in Africa. This in line with calls made by Africa Union (AU) heads of State... 

$100bn bled from emerging markets during onset of Covid-19 in 2020 – Afreximbank

By: Donna Slater     16th April 2021 A survey and subsequent report ‘Survey of Impact of Covid-19 on African Trade Finance’ by the Africa Export-Import bank (Afreximbank), shows that outflows from emerging market economies in the first quarter of 2020 accounted for more than $100-billion. The report was a joint production between... 

Battery supply chain market attracted $21bn of investment in 2020

By: Marleny Arnoldi     16th April 2021 Research agency Fitch Solutions says global investment of more than $21-billion toward the electric vehicle (EV) battery supply chain shows the urgency of market expansion. With Western Europe claiming the biggest share of investment, it reflects the focus on producing EVs in the region and the... 

Airbus wins a French stimulus order for more military helicopters

By: Rebecca Campbell     16th April 2021 The French Ministry of Defence has ordered eight more H225M helicopters and a second VSR700 uncrewed aerial vehicle (UAV) from Airbus Helicopters. The order is part of the French government’s national aeronautical industry stimulus plan, announced last year, to help the sector weather the adverse... 

Airbus wins a French stimulus order for more military helicopters
Photo by Anthony Pecchi/Airbus
An Airbus Helicopters H225M Caracal of the French Air and Space Force

More evidence that the invention of farming led to gender-based labour divisions

By: Rebecca Campbell     16th April 2021 A new survey of a very ancient technology – stone tools – has provided evidence that supports the theory that a gender-based division of labour emerged with the adoption of farming, at least as far as Europe is concerned. A team of four scientists from Spain, France and the UK, led by Alba... 

South Africa’s Central Bank Governor still sees room for accommodative policy 

By: Bloomberg     16th April 2021 South Africa’s central bank is likely to maintain its accommodative monetary policy stance to support the economy for as long as it has room to do so, according to Governor Lesetja Kganyago. “As long as inflation is remaining contained, the central bank would have no reason to remove the... 

South Africa’s Central Bank Governor still sees room for accommodative policy
Photo by Reuters
Reserve Bank Governor Lesetja Kganyago

White House considers methane-busting vow before climate summit

By: Bloomberg     16th April 2021 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... 

Sasol moving ahead with renewables procurement, green hydrogen goals 

16th April 2021   Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Sasol and Air Liquide's plans to jointly procure renewable electricity and Sasol's ambitions to shift to producing green hydrogen and powerfuels.   

Sasol moving ahead with renewables procurement, green hydrogen goals (Camera: Nicholas Boyd)

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

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

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. 

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... 

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... 

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

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

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... 

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.... 

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... 

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

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... 

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

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,... 

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... 

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