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Eskom's Hex grid-battery installation
Eskom's Hex grid-battery installation
South Africa urged to integrate successful global grid-battery strategies to support roll-out
12th June 2024 By: Terence Creamer

South Africa should consider ways to replicate strategies employed in regions such as South Australia and California to facilitate an accelerated uptake of grid batteries, which a new International Institute for Sustainable Development (IISD)... 


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Tribunal confirms settlement agreement in plant and equipment hire cartel case
Updated 3 hours ago By: Schalk Burger

The Competition Tribunal has confirmed, as an order, a R480 000 administrative penalty imposed on plant and equipment hire company Hard Hat Equipment Hire as part of a settlement in a case in which... 


PPC cement factory
PPC to report higher full-year earnings as Zimbabwe operations improve
12th June 2024 By: Darren Parker

JSE-listed cement company PPC has informed shareholders that it expects to report increases in its earnings per share (EPS) and headline earnings per share (HEPS) of at least 20% year-on-year for... 


Telkom expects improved FY24 results
12th June 2024 By: Natasha Odendaal

JSE-listed Telkom on Wednesday said it expects a triple-digit increase in its basic earnings per share (BEPS) and headline earnings per share (HEPS) for the year ended March 31, 2024. This is... 


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Event highlights gains, challenges in competition law space
12th June 2024 By: Tasneem Bulbulia

As South Africa commemorates 25 years of the Competition Act, there has been much progress in the competition law landscape and the learnings and insights gleaned from this can be used to support... 


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Standard Bank, MTN collaborate for new MVNO
Updated 5 hours ago By: Natasha Odendaal

Standard Bank is collaborating with MTN for a new mobile virtual network operator (MVNO), Standard Bank Connect, running on MTN’s network. Formerly called Standard Bank Mobile, the new Standard... 


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Kinetiko secures A$4.9m
Updated 3 hours ago By: Tasneem Bulbulia

ASX-listed Kinetiko Energy’s renounceable pro-rata entitlement offer to eligible shareholders, announced in May, closed on June 11 and raised about A$4.9-million (before costs), with strong support... 


NRF announces international funding initiative for African climate change researchers
Updated 3 hours ago By: Rebecca Campbell

Funding for African researchers who are focused on climate change, has been made available through a collaboration between South Africa’s National Research Foundation (NRF) and an international... 


IFC's R200m loan to Lenmed to expand healthcare in Botswana, Ghana, Mozambique and South Africa
Updated 7 hours ago By: Schalk Burger

Global development finance institution the International Finance Corporation (IFC) will provide a R200-million local currency senior loan to African healthcare provider Lenmed to expand its... 


Space robotics sector is set for dramatic boom, predicts international consultancy
Updated 3 hours ago By: Rebecca Campbell

International data and analytics company GlobalData has forecast that the space robotics sector is set for “explosive growth”. This prediction was developed using the company’s innovation... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
Updated 3 hours ago By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


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Solar PV
Solar installations slow in South Africa after blackouts ease
Updated 5 hours ago By: Bloomberg

Repairs to South Africa’s coal-fired stations that have helped the State power utility avoid debilitating blackouts for three months straight is giving solar installers an unintended break. Until... 


Daimler Truck Southern Africa launches electric heavy-duty trucks
Daimler Truck Southern Africa launches electric heavy-duty trucks
12th June 2024

Original-equipment manufacturer Daimler Truck Southern Africa (DTSA) has launched a line of electric heavy-duty trucks, the e-Actros range, as part of its Power Up electric mobility offering. 


Renergen CEO Stefano Marani
Renergen brings liquid helium back online following shutdown
11th June 2024 By: Darren Parker

Renergen has completed the shutdown, checks, calibrations and corrective actions at its liquid helium facility, in Virginia, in the Free State, and has restarted the facility, resuming liquid... 


Major Canadian airline will have connectivity to South Africa, via the UK, in a few months
11th June 2024 By: Rebecca Campbell

With effect from this upcoming southern summer/northern winter season, major Canadian airline WestJet (so-called because it is based in Western Canada) will be selling tickets to passengers for... 


Greeff resigns as EOH CFO
11th June 2024 By: Schalk Burger

JSE-listed information and communications technology services company EOH Group's CFO Marialet Greeff has resigned and will step down from her position with effect from September 30 to pursue other... 


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Magazine round up | 07 June 2024

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

GRID AUCTIONS: An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern Africa is aiming to establish the office to bring in private funding into the deployment for the grid so as to help connect renewable generation to a network that needs to be expanded urgently to meet demand. Photograph: Bloomberg
GRID AUCTIONS

An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern... 

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Going green presents a huge opportunity and South Africa must seize it

Decarbonisation is presenting South Africa with an exceptional opportunity to grow economically while simultaneously doing what is right. Re-industrialisation is beckoning at a level well within... 

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Public protection

The application by Eskom to preserve and reserve grid connection capacity for independent power producers (IPPs) participating in public procurement processes implemented in line with Section 34 of... 

Business Leader

Amaury Vadon
Amaury Vadon

This week we profile Amaury Vadon, VP for sales for the Africa, India and Middle East region and MD for the sub-Saharan Africa region at tyre manufacturing company Michelin  

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TARIFF THREAT

The reforms under way in the freight rail sector are advancing at an impressive clip and should soon open the system to new private operators. However, there are warnings of a prohibitively high... 

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WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

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Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

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SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

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Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

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