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South Africa to set up finance workstream to assess climate-finance offers 

By: Terence Creamer     Updated 1 hour 35 minutes ago The South African government is set to establish a high-level technical workstream, which will work under the direction of a Cabinet subcommittee, to evaluate possible concessional finance offers that could be made in support of the country’s just energy transition strategy. The workstream is yet... 

Forestry, Fisheries and the Environment Minister Barbara Creecy
Forestry, Fisheries and the Environment Minister Barbara Creecy

Sanral, N3TC lost almost R100m during July unrest – Macozoma 

By: Irma Venter     Updated 4 hours ago The South African National Roads Agency Limited (Sanral) and its N3 toll concessionaire (N3TC) recorded almost R100-million in losses and damage during the July civil unrest in KwaZulu-Natal, and some other parts of the country, says outgoing Sanral CEO Skhumbuzo Macozoma. He says Sanral suffered... 

Image of the N3 Wilge Toll Plaza

Bakers adds 90 Merc trucks to its fleet; City Logistics expands by 43 Canters 

By: Irma Venter     Updated 2 hours 46 minutes ago Daimler Trucks and Buses Southern Africa (DTBSA) has handed over a fleet of 90 Mercedes-Benz Actros 2645LS trucks to Bakers South Africa (SA).  This purchase adds to Bakers’ current fleet of nearly 650 vehicles, which comprises 100% of Mercedes-Benz Truck products. 

Image of the Bakers SA fleet

Hydrogen Society Roadmap to guide South Africa’s hydrogen rollout – Nzimande

By: Donna Slater     Updated 6 hours ago The Hydrogen Society Roadmap (HSRM), which was approved by Cabinet on September 14, provides a “clear indication” of how hydrogen and fuel cell technologies could be a “game changer” for the South African economy, Science and Innovation Minister Blade Nzimande noted during the Hydrogen Economy... 

Apply for subsidised TV decoder now, says SA Post Office

By: Natasha Odendaal     22nd October 2021 The South African Post Office has called on qualifying households to apply for a free government-subsidised decoder, known as a set-top box (STB). The call comes as the Department of Communications and Digital Technologies accelerates the country’s switch from analogue to digital television (TV)... 

Just Energy Transition to result in 300 000 new energy jobs over ten years – De Ruyter

By: Donna Slater     Updated 1 hour 14 minutes ago Ongoing analysis and work done by various groups into the so-called Just Energy Transition (JET) points to the potential creation of 300 000 direct, indirect and induced jobs in South Africa’s electricity sector over the next decade, Eskom CEO Andre de Ruyter said on October 22. He added that... 

Mantashe appoints highly experienced Mokoena as Nersa chair

By: Creamer Media Reporter      Updated 1 hour 11 minutes ago Mineral Resources and Energy Minister Gwede Mantashe has appointed the highly experience Smunda Mokoena as chairperson of the National Energy Regulator of South Africa (Nersa). The appointment became effective on October 20 and Mokoena’s term is expected to continue until September 13, 2024. 

Smunda Mokoena
Smunda Mokoena

Agri SA urges urgent action to keep input costs under control

By: Marleny Arnoldi     Updated 5 hours ago Industry organisation Agri SA has expressed concern about rising input costs for the agricultural sector, echoing concerns raised by the Agricultural Business Chamber (Agbiz) earlier this week. Agri SA says the cost of direct materials, labour and other overheads are particularly worrying,... 

Maize farming

Rebosis plans to sell commercial office portfolio for R6.3bn

By: Simone Liedtke     Updated 5 hours ago JSE-listed Rebosis Property Fund has entered into a sales agreement with Ulricraft, which could result in the company disposing of its commercial office portfolio for R6.3-billion. Ulricraft is a special purpose behicle (SPV) wholly owned by Vunani Capital Partners (VCP), a company listed on... 

Aspen sells six South African medicines to Swedish company

By: Simone Liedtke     Updated 5 hours ago Swiss pharmaceutical company Acino and multinational pharmaceutical company Aspen Pharmacare and its subsidiaries have signed an agreement for Acino to acquire six South African medicines for more than R1.8-billion. The acquired medicines are used for the treatment of gastroenterology, erectile... 

Gauteng government launches SMME incubation hub in West Rand

By: Marleny Arnoldi     Updated 6 hours ago The Gauteng Department of Economic Development (GDED), alongside development partners Mogale City and Lepharo, on October 21 unveiled the Mogale City Incubation Hub in the heart of the Munsieville township, in Krugersdorp. The hub is focused on incubating small, medium-sized and... 

GDED head Blake Lefatola
Photo by Creamer Media's Marleny Arnoldi
GDED head Blake Lefatola

Project provides support for local green SMMEs

By: Simone Liedtke     Updated 3 hours ago Nonprofit organisation GreenCape and tourism, trade and investment promotion agency Wesgro have teamed up with several partners to pivot support to local green small, medium-sized and microenterprises (SMMEs) so that they can continue to build international relationships and secure trade... 

Civil engineering industry signs three-year wage agreement

By: Schalk Burger     Updated 54 minutes ago A three-year wage agreement has been signed by parties to the Bargaining Council for the Civil Engineering Industry (BCCEI), which will see workers getting a wage increase of 4.8% during the first year to the end of August 2022 and 0.75% above consumer price inflation for the following two years... 

Schneider Electric adds to its EcoStruxure Power offering

By: Theresa Bhowan-Rajah     Updated 1 hour ago Over a billion people on the African continent either have no access or only limited access to energy, while South Africa faces electricity supply constraints. Energy management and automation company Schneider Electric, says it has always been in the business of developing energy efficient... 

W&RSETA celebrates sod-turning of its first skills development centre

By: Yvonne Silaule     Updated 35 minutes ago Higher Education, Science and Innovation Minister Dr Blade Nzimande has officiated the sod-turning ceremony to mark the start of construction of the Wholesale and Retail Sector Education and Training Authority’s (W&RSETA'S) first skills development centre, in Groblersdal, Limpopo, this week. The... 

Castle Lite beer to be made using renewable electricity

By: Schalk Burger     Updated 3 hours ago South African Breweries (SAB) will soon produce its Castle Lite beer using renewable electricity, which will reduce the electricity drawn from the grid and reduce interruptions to production. Further, SAB is committed to fully switching to renewable energy sources by 2025. 

Aveng appoints Bernard Swanepoel to its board

By: Simone Liedtke     Updated 6 hours ago Bernard Swanepoel has been appointed an independent nonexecutive director of construction and engineering group Aveng’s board, with effect from October 20. He has also been appointed to the risk committee, the safety, health and environment committee and the investment committee. 

Africa will need just over 1 000 new airliners over next 20 years, reports Boeing

By: Rebecca Campbell     Updated 6 hours ago US major airliner manufacturer Boeing has forecast that African airlines will need to acquire 1 030 new airliners, worth $160-billion, over the next 20 years. This prediction was contained in the company’s latest “Africa Commercial Outlook” report. Further, the associated aftermarket business,... 

Countdown to COP26  

Updated 7 hours ago Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the final countdown to COP26, the South African government's negotiating stance and its plans to canvass a just energy transition financing facility. 

Countdown to COP26

Business managers provide insight into strategy execution

By: Tasneem Bulbulia     Updated 1 hour 6 minutes ago There are different approaches companies and industries will take in terms of their strategy execution and business managers shared some insight into some tools and methods in this regard during a panel discussion on the second day of the Africa Strategy Conference. RES Corporation MD Nick... 

Tribunal approves Super Group's acquisition of RWS

By: Schalk Burger     Updated 2 hours 35 minutes ago The Competition Tribunal of South Africa on October 22 said it has unconditionally approved transport logistics company Super Group's acquisition of wholesale courier services company Regional Wholesale Service (RWS). "The tribunal has concluded that the merger is unlikely to lead to a... 

Food inflation in September again higher than expected, reports research body

By: Rebecca Campbell     Updated 5 hours ago The Bureau for Food and Agricultural Policy (BFAP) has reported that food inflation in South Africa last month was higher than expected, at 6.6% year-on-year. Food inflation contributed 1.1 percentage points to the consumer price index headline inflation figure of 5% for the month. On the other... 

Caterpillar, Tractafric complete 7.5 MW battery storage solution for grid stability at Barrick's Kibali

By: Tasneem Bulbulia     Updated 5 hours ago Construction and equipment manufacturer Caterpillar and equipment distribution multinational Tractafric have installed 7.5 MW of battery energy storage capacity at gold miner Barrick Gold's Kibali mine, in the Democratic Republic of Congo (DRC). The Tractafric solution is operational and deploys... 

Mine operators need to take hydrogen very seriously, law firm webinar hears 

By: Martin Creamer     22nd October 2021 Mine operators need to take hydrogen and fuel cells very seriously as a pathway to decarbonisation, a webinar hosted by law firm Fasken heard this week. “There’s no pathway to zero carbon that does not include hydrogen and fuel cells,” H2GO Canada CEO Bob Oliver stated emphatically in response to... 

Creamer Media screenshot
Photo by Creamer Media
From to left, clockwise, Dan Brock, Isadore Day, Al Davidson, Rymal Smith and Bob Oliver.

Magazine round up | 22 October 2021 

22nd October 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Magazine round up | 22 October 2021

Minerals Council says collaboration is key to unlocking growth-supporting infrastructure

By: Nadine James     22nd October 2021 There have been positive developments since the introduction of the Economic Reconstruction and Recovery Plan in October last year, and while implementation has been delayed, continued engagement between Minerals Council South Africa and government, as well as the current commodities price... 

Image of Engineering News and Mining Weekly cover

Seifsa confirms end of three-week metals and engineering strike

By: Creamer Media Reporter      21st October 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has confirmed the end of the strike that has affected the metal and engineering sector in the past three weeks. Seifsa, on behalf of its affiliated associations, and labour reached a "landmark" agreement on the issue of... 

A photo of Numsa members striking

Sakhumnotho acquires 26% stake in Refinex, SA Tank Terminals

By: Schalk Burger     21st October 2021 Investment management company Sakhumnotho has acquired a 26% stake in the privately owned petrochemicals company Refinex and bulk liquid storage company South African Tank Terminals (SATT). This signifies the arrival of an important new player in the energy market, Sakhumnotho said. 

LHDA publishes tenders for construction of two bridges

By: Natasha Odendaal     21st October 2021 The Lesotho Highlands Development Authority (LHDA) is calling for tender submissions for the construction of the Mabunyaneng and Khubelu bridges under Phase II of the Lesotho Highlands Water Project (LHWP). The tenders, which interested construction firms have until February 17, 2022, to submit,... 

A photo of the Malibamatso river bridge, which built as part of Phase I of the LHWP
The Malibamatso river bridge was built as part of Phase I of the LHWP

Above-trend growth of 5.1% expected for global economy in 2021 – Fitch Solutions

By: Simone Liedtke     21st October 2021 Above-trend growth of 5.1% was expected for the global economy this year, independent solutions and insights firm Fitch Solutions Country Risk and Industry Research revealed during a webinar on October 21. Growth was likely to slow to 4.2% in 2022, it added. 

GeoSUN expands into wind energy measurement industry

By: Tasneem Bulbulia     21st October 2021 Solar resource technical service providers GeoSUN has expanded into the wind energy industry through a newly formed brand GeoWIND. “We see the future of renewables being a combination of solar, wind and batteries, as well as other renewables. Clients will most likely be looking for a single... 

An image of a wind mast
Wind mast

Embraer reports that it delivered a total of 30 civilian jets during the third quarter

By: Rebecca Campbell     21st October 2021 Brazil-based global major aerospace group Embraer on Thursday released the numbers of commercial and executive (business) jets that it had delivered to customers during the third quarter of this year (3Q21) and the totals delivered during the first three quarters of this year. During 3Q21, the... 

Innovation fundamental for business, Adrian Gore emphasises

By: Tasneem Bulbulia     21st October 2021 Innovation is fundamental for a business and needs to be a continuous process, Discovery Group CEO and founder Adrian Gore has said. Speaking on day one of the Africa Strategy Conference, on October 21, he noted that he has observed six key learnings from innovation implemented at Discovery. 

How South Africa plans to secure backing for its ‘Just Transition Financing Facility’ at COP26 

By: Terence Creamer     21st October 2021 South Africa aims to meet with other governments and multilateral finance institutions on the sidelines of the upcoming COP26 gathering to progress talks on raising concessional funding, in phases, for a Cabinet-endorsed ‘Just Transition Financing Facility’ to fund green projects in the... 

Photo of a solar farm
Cabinet wants ‘Just Transition Financing Facility’ to fund green projects in the electricity, automotive and hydrogen sectors.

South Africa’s integrated energy policy ‘vacuum’ discouraging investment, report warns 

By: Terence Creamer     21st October 2021 The continued absence of a long-term vision for South Africa’s energy sector is creating a policy “vacuum” and undermining investment, the 2021 edition of the South African Energy Risk Report states. Published by the South African National Energy Association (Sanea), the report highlights that... 

Photo of power lines

Sasol posts 44% jump in Q1 chemicals revenue

By: Reuters     21st October 2021 Sasol posted a 44% rise in first-quarter revenue in its main chemicals business on higher chemical and crude oil prices, it said on Thursday. Revenue from its chemicals business, which accounts for almost 60% of its turnover and profit, came in at $2.5-billion, driven largely by an average price... 

Rolls-Royce promoting its marine propulsion technology to India, using British warship

By: Rebecca Campbell     21st October 2021 UK-based global major industrial technology group Rolls-Royce on Wednesday highlighted its eagerness and ability to help the Indian Navy adopt integrated full- electric propulsion (IFEP) for its future warships. The company is the only producer of marine gas turbines that are integrated into IFEP... 

A photo of the HMS Queen Elizabeth departing Yokosuka, Japan, in September 2021
Photo by Government of Japan
HMS Queen Elizabeth departing Yokosuka, Japan, last month

Semiconductor shortage will slow global auto sales recovery – S&P  

By: Irma Venter     21st October 2021 The intensifying semiconductor shortage will slow the post-Covid-19 global recovery of light-vehicle sales over the next two years, says S&P Global Ratings in a newly published report. "In our revised scenario, we now expect light-vehicle sales will increase more moderately by about 2% to 4% in... 

Image of a man holding a computer chip

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