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100 MW reform ‘precursor’ to new market-driven electricity supply industry – De Ruyter 

By: Terence Creamer     18th June 2021 Eskom CEO Andre de Ruyter has described the decision to lift the licence-exemption cap on own- or embedded-generation plants from 1 MW to 100 MW as not only positive for addressing South Africa’s immediate electricity shortages, but also as “the precursor to the development of a new electricity... 

100 MW reform ‘precursor’ to new market-driven electricity supply industry – De Ruyter
Photo by Creamer Media's Donna Slater
Eskom CEO Andre de Ruyter

Gauteng economic development dept needs to do more with less

By: Natasha Odendaal     18th June 2021 The Gauteng Department of Economic Development (GDED) has to do more with less as budget’s shrink and the Covid-19 pandemic ravages small businesses. Delivering the 2021/2022 departmental budget on June 18, Gauteng Economic Development and Environment, Agriculture and Rural Development MEC Parks... 

Gauteng govt sets near-term road building commitments

By: Marleny Arnoldi     18th June 2021 The Gauteng provincial government has identified 18 high-capacity roads, or arterial roads, that could serve as a lever to support the province’s plans around Special Economic Zone (SEZ) development. Transport MEC Jacob Mamabolo, during the budget tabling for the province on June 18, said roads... 

South Africa’s labour law architect Mboweni sees need for change

By: Bloomberg     18th June 2021 Tito Mboweni, the architect of many of South Africa’s labour laws, said it may be time to review them to ensure they aren’t impeding economic growth. South Africa’s current finance minister told an investment conference on Thursday that when he served as the first post-apartheid labour minister... 

Payment24 introduces vehicle biometrics to fast-track refuelling ­– pay by car not by card 

By: Irma Venter     18th June 2021 Fuel management and payment solutions specialist Payment24 has launched FastLane, bringing contactless, cardless and secure fuel payments to the market. FastLane is described as ‘biometrics for the vehicle’. Payment24 says the system instantly identifies any vehicle enrolled in the system as it... 

Payment24 introduces vehicle biometrics to fast-track refuelling ­– pay by car not by card
Nolan Daniel and Shadab Rahil

AECI Much Asphalt, Origin Materials partner to create low-carbon bitumen

By: Simone Liedtke     18th June 2021 US carbon negative materials company Origin Materials and Southern African commercial asphalt manufacturer AECI Much Asphalt have launched a programme to create a novel low-carbon bitumen. Origin Materials produces low and negative carbon materials, with the mission to enable the world’s... 

AECI Much Asphalt, Origin Materials partner to create low-carbon bitumen
AECI Much Asphalt's plant in Benoni, South Africa.

Western Cape govt appeals for challenges at Cape Town port to be addressed

By: Marleny Arnoldi     18th June 2021 Western Cape Finance and Economic Opportunities Minister David Maynier has asked the Port Consultative Committee (PCC) to consider its suggestions towards improving the operational performance at the Port of Cape Town. This follows the seventh annual Port of Cape Town Performance Roadshow, which... 

CIDB conducting survey into construction tenders cancellations

By: Schalk Burger     18th June 2021 Industry body the Construction Industry Development Board (CIDB) is researching the nature, causes and impact of cancellations of tenders on the South African construction industry and has prepared a survey to evaluate these. Western Cape Property Development Forum chairperson Deon van Zyl says... 

Sephaku Group expects to report higher full-year earnings

By: Simone Liedtke     18th June 2021 Headline earnings a share for cement manufacturer Sephaku Group – which comprises SepHold, Metier Mixed Concrete and Dangote Cement South Africa (SepCem) – are expected to be between 5.79c and 6.39c for the financial year ended March 31. Earnings a share are expected to be between 7.44c and 8.22c... 

Draft data, cloud policy not aimed at controlling data, says Ndabeni-Abrahams 

By: Schalk Burger     18th June 2021 Communications and Digital Technologies Minister Stella Ndabeni-Abrahams on June 18 said the draft Data and Cloud Policy was not intended to control and direct how data should be used, but aims to serve as an enabler for socioeconomic development. She was speaking at a colloquium to discuss the... 

Tough times not yet over for African airlines

By: Rebecca Campbell     18th June 2021 Around the world, light is now visible at the end of the Covid-19 pandemic tunnel (although the distance to the end of the tunnel varies greatly from country to country). One of the economic sectors that will be most relieved by this is the airline sector, and not least its African, Southern... 

Tough times not yet over for African airlines

Mitsubishi Motors South Africa appoints new MD

By: Irma Venter     18th June 2021 Mitsubishi Motors South Africa (MMSA) has announced the appointment of Thato Magasa as its new MD. Magasa succeeds Pedro Pereira, who led MMSA since 2015. 

Mitsubishi Motors South Africa appoints new MD
Thato Magasa

Renergen intersects gas-bearing fracture system at Virginia project

By: Simone Liedtke     18th June 2021 The target gas-bearing fracture system has been intersected close to prognosis at natural gas producers Renergen’s R2D2 well between wells MDR5 and HR1, which are located at the Virginia gas plant, in the Free State. Renergen said on June 18 that gas samples would be collected and sent to the... 

Grain SA appoints new CEO

By: Marleny Arnoldi     18th June 2021 Industry body Grain SA has appointed Dr Pieter Taljaard its new CEO. He will succeeds Jannie de Villiers from September 1.  

Grain SA appoints new CEO
Grain SA incoming CEO Dr Pieter Taljaard

Blockchain-based e-livestock supply chain traceability system launched in Zimbabwe

By: Schalk Burger     18th June 2021 A blockchain-based livestock traceability system was launched in Africa and the Middle East on June 17 to provide end-to-end visibility of the cattle supply chain. Zimbabwe is the first African country where the system is being rolled out. 

Blockchain-based e-livestock supply chain traceability system launched in Zimbabwe

Aref II secures almost half of targeted capitalisation

By: Marleny Arnoldi     18th June 2021 The Africa Renewable Energy Fund (Aref) II has concluded its first close at €130-million, following a joint investment of €17.5-million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank (AfDB). Aref II, a successor to the original... 

African IPOs lag behind global pace this year

By: Tasneem Bulbulia     18th June 2021 There were no cross-border initial public offerings (IPOs) on African exchanges in the first half of this year,  multinational law firm Baker McKenzie’s ‘H1 IPO Snapshot: Unfolding Trends for 2021’ report shows. However, the continued global demand for special purpose acquisition company (SPAC)... 

Ford’s sound experiment highlights risk of using headphones while on the move

By: Tasneem Bulbulia     18th June 2021 A new sound experiment commissioned by automaker Ford shows that people listening to music on headphones are, on average, more than four seconds slower to identify potential road hazards than when not listening to music. “Sound plays a vital role in our ability to understand our environment – we... 

Businesses adopting flexible work policies - Troye

By: Schalk Burger     18th June 2021 Business leaders are evaluating ways to enhance security and employee experience for their workforce, with Desktops-as-a-Service (DaaS) becoming the preferred option for many businesses as they move away from physical office spaces to remote working environments, says information technology (IT)... 

Fishermen, oyster farmers fear power-generating ship will kill business

By: Reuters     18th June 2021 A floating gas-turbine generator meant to alleviate South Africa's crippling power cuts has run into objections by oyster farmers and small-scale fishermen, who fear the environmental damage will destroy their livelihoods. The seafood sellers fear the 415 MW ship - to be moored for two decades at... 

Kenya utility joins global emissions project, plans carbon trade

By: Bloomberg     18th June 2021 Kenya Electricity Generating Co, Africa’s largest geothermal producer, joined a United Nations-backed emissions-reduction programme as it looks to begin a domestic carbon market. KenGen, as the State-run company is known, announced its participation in the Business Ambition for 1.5°C programme on... 

Reviving South Africa's steel sector  

18th June 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the newly signed Steel Masterplan and whether it is enough to reignite the revival of South Africa's steel sector. 

Reviving South Africa's steel sector

Magazine round up | 18 June 2021 

18th June 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Magazine round up | 18 June 2021

Massmart says localisation project yielding benefits, lauds DTIC

By: Schalk Burger     17th June 2021 Wholesale and retail group Massmart says its localisation focus, in partnership with the Department of Trade, Industry and Competition (DTIC), is bearing fruit, with visible benefits being experienced by the group and an increasing number of local suppliers. Massmart, over the past nine months,... 

Massmart says localisation project yielding benefits, lauds DTIC

Industry must implement poultry sector transformation commitments, urges EBieSA

By: Tasneem Bulbulia     17th June 2021 The Emerging Black Importers and Exporters of South Africa (EBieSA) is calling on the domestic poultry industry to urgently implement the transformation commitments contained in the Poultry Master Plan. “To date, far fewer than 50 black contract farmers have been helped to secure access to... 

Imperial Logistics acquires Deep Catch Namibia for R633m

By: Schalk Burger     17th June 2021 Logistics multinational Imperial Logistics has entered into an agreement to acquire 100% of the issued share capital of perishable foods company Deep Catch Namibia for R633-million. Deep Catch is owned by private equity investment management firm Salt Capital Ventures and development finance... 

Sasol able to produce green hydrogen within 24 months – CEO   

By: Martin Creamer     17th June 2021 Synthetic fuels and chemicals company Sasol is in a position to be able to produce green hydrogen within the next 24 months, Sasol CEO Fleetwood Grobler said on Thursday. Grobler was responding to Absa group industrials research head Christina Steyn, who moderated an SA Tomorrow panel discussion... 

JSE hydrogen panel discussion covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Rolls-Royce announces net zero emissions plans

By: Donna Slater     17th June 2021 Power and propulsion engineering company Rolls-Royce has announced its plans to achieve net zero carbon emissions by 2050, at the latest. The company’s actions and the development of new low-carbon technologies will enable the users of such products to, in turn, lower their carbon emissions,... 

Third wave weighing on trade conditions

By: Simone Liedtke     17th June 2021 Trade conditions during December 2020 and January 2021 suffered a severe second wave of Covid-19 infections, which negatively impacted trade. While trade conditions have subsequently improved, South African Chamber of Commerce and Industry (Sacci) CEO Alan Mukoki says these were down again in May... 

S Africa won’t budge on State wage bill, finance chief says 

By: Bloomberg     17th June 2021 South African Finance Minister Tito Mboweni told an investment conference the Treasury won’t back down on its insistence that any wage agreement for state workers mustn’t breach the government’s fiscal ceiling. Mboweni made the comments at a conference organized by JSE Ltd. and sponsored by... 

S Africa won’t budge on State wage bill, finance chief says
Finance Minister Tito Mboweni

Emergency power fiasco compounds South Africa’s energy crisis

By: Bloomberg     17th June 2021 The debacle surrounding South Africa’s bid to secure emergency power supplies has highlighted a dysfunctional energy policy that’s subjecting Africa’s most-industrialised nation to intermittent blackouts. Since March, the energy department has identified companies it wants to provide almost 2 000... 

Emergency power fiasco compounds South Africa’s energy crisis

South Africa will continue to remove barriers to growth and investment, Ramaphosa tells investors 

By: Terence Creamer     17th June 2021 Having already announced a key reform for the electricity sector, President Cyril Ramaphosa told international investors on Thursday that the country will continue to remove barriers to growth and investment through the Operation Vulindlela delivery mechanism. In an address to the SA Tomorrow... 

South Africa will continue to remove barriers to growth and investment, Ramaphosa tells investors
President Cyril Ramaphosa

Concerns raised over Gauteng infrastructure agency’s underspending

By: Marleny Arnoldi     17th June 2021 The Gauteng Provincial Treasury (GPT) has announced an increase in the transfer of funds to the Gauteng Infrastructure Financing Agency (Gifa) from R64-million in the 2021/22 financial year to R65.4-million in the 2023/24 financial year. The increase in allocation is aimed at ensuring a... 

Kibo Energy seeks to sell coal assets as its focus shifts to renewables

By: Simone Liedtke     17th June 2021 Africa and UK-focused energy company Kibo Energy’s primary focus going forward will be on renewable energy opportunities, part of which will see Kibo jointly develop a portfolio of waste-to-energy projects in South Africa. Kibo, therefore, intends to appoint specialist advisers to assist it in... 

RMB CEO commends govt for ‘taking the steps needed’ to mitigate South Africa’s economic challenges

By: Simone Liedtke     17th June 2021 Private sector banker Rand Merchant Bank (RMB) CEO James Formby has commended government for “finally taking the steps needed to tackle persistent power outages” by lifting the licensing-exemption threshold for embedded generation projects to 100 MW, from the previous 1 MW. He says it is an... 

GreenCape’s 2021 market intelligence reports highlight Western Cape investment opportunities

By: Simone Liedtke     17th June 2021 GreenCape’s 2021 market intelligence reports (MIRs), produced in partnership with the Western Cape Government’s Department of Economic Development and Tourism, are now available for download. The reports highlight the investment opportunities in key sectors of the green economy in the province,... 

MeerKAT image reveals cosmic threads, ribbons and rings

By: Simone Liedtke     17th June 2021 A new study using the MeerKAT radio telescope, in South Africa’s Northern Cape, has produced a striking image showing a combination of cosmic features never seen before, revealing unexpected details of the inner workings of enormous radio galaxies. At the centre of the giant elliptical galaxy IC... 

MeerKAT image reveals cosmic threads, ribbons and rings
The Fanaroff-Riley Type I radio galaxy IC 4296

BMW kicks off recycling initiative for tungsten production tools  

By: Irma Venter     17th June 2021 German car maker BMW says it is making raw materials considered to be so-called ‘conflict minerals’ a special focus of its sustainability strategy.  This includes ores where mining or trading is often associated with violations of environmental and social standards.  

BMW kicks off recycling initiative for tungsten production tools 

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