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Report calls for freeze on new coal, warns of risks if energy transition is delayed 

By: Terence Creamer     23rd July 2021 South Africa should freeze investment in new private coal plants, as delaying South Africa’s “inevitable” transition away from the carbon-emitting energy mineral will cause economic damage, a new Trade & Industrial Policy Strategies (TIPS) analysis on the country’s coal value chain states.... 

An image of a coal mining vehilce with a power station in the background.

South32 secures power for Hillside, weighs green options

By: Esmarie Iannucci     23rd July 2021 Diversified miner South32 has finalised an energy supply agreement for its Hillside aluminium smelter, in South Africa. The miner on Friday said that the National Energy Regulator of South Africa had approved the long-term energy supply agreement between Hillside and national energy provider... 

An aerial view of South32's Hillside aluminium operation in South Africa

Internal combustion engine car sales in permanent decline – BloombergNEF  

By: Irma Venter     23rd July 2021 There are currently 12-million passenger electric vehicles (EVs) on the road. There are also more than one-million commercial EVs, including buses, delivery vans and trucks, and more than 260-million electric mopeds, scooters, motorcycles and three-wheelers in traffic globally.  This is according... 

A photo of the Mini SE charging

AutoTrader report shows new online search record, jump in used-car pricing

By: Irma Venter     23rd July 2021 The 2021 AutoTrader Mid-year Industry Report reveals that online vehicle searches on AutoTrader have reached a new record. Covering the period from January 1 to June 30, 2021, the report notes a new record of more than 319-million online vehicle searches, representing 44% growth year-on-year. 

An image of AutoTrader SA CEO George Mienie
AutoTrader CEO George Mienie

Wheeling framework remains an inhibitor to IPPs, says association  

By: Marleny Arnoldi     23rd July 2021 The current South African power industry structure is supportive of wheeling, in theory, but issues persist that limit the development of more third-party network access and the development of a competitive, open-access electricity market, the South African Independent Power Producers Association... 

SAIPPA independent consultant Andrew Carr and CPCS principal consultant Ian Johnson touch on South Africa's wheeling issues

FlexClub CEO makes case for vehicle subscription over ownership

By: Irma Venter     23rd July 2021 Imagine not buying a car. Imagine buying the use of a car for a minimum of a month, all costs included, and then simply changing that car through logging on to a website and having a new car delivered to your doorstep within a week. Imagine moving from a nippy Kia Picanto in Cape Town’s narrow... 

Image of Engineering News cover article

Transnet working ‘around the clock’ to fix IT disruption

By: Simone Liedtke     23rd July 2021 State-owned Transnet has identified and isolated the source of the disruption to its information technology (IT) systems and says technical teams continue to work “around the clock” to ensure the impact thereof remains minimal. Transnet on July 22 reported the disruption in some of its IT... 

Seifsa reaches agreement with CEO to ‘mutually separate’

By: Marleny Arnoldi     23rd July 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has announced that its CEO Kaizer Nyatsumba has left the organisation to focus on his consulting company KMN Consulting. Seifsa had placed him on precautionary suspension early in May, pending an investigation of sorts,... 

Seifsa outgoing CEO Kaizer Nyatsumba
Photo by Creamer Media's Donna Slater
Seifsa outgoing CEO Kaizer Nyatsumba

Maseko resigns as Telkom chief

By: Natasha Odendaal     23rd July 2021 Telkom Group CEO Sipho Maseko will step down as CEO and executive director of the company and its subsidiaries, effective June 30, 2022. Maseko joined Telkom on April 1, 2013, and, during his eight-year tenure, evolved the business from a traditional fixed business to a portfolio of businesses... 

Vodacom reports strong 2021 first quarter

By: Natasha Odendaal     23rd July 2021 Telecommunications giant Vodacom has reported strong results for the quarter ended June 2021 on the back of a good performance in South Africa and a recovery in the international business. Group revenue climbed 9% to R24.8-billion, while group service revenue increased 2.2% to R19.2-billion. On a... 

South Africa on track to vaccinate 420 000 people a day by mid-September

By: Marleny Arnoldi     23rd July 2021 Business for South Africa (B4SA) says the 230 000 daily vaccination rate is testament to what business and government can achieve if they work together. B4SA steering committee chairperson Martin Kingston on July 23 presented an update of the private sector’s contribution to the vaccination... 

DWS commits to monitor its entities to ensure optimum service delivery

By: Creamer Media Reporter      23rd July 2021 The Department of Water and Sanitation has reinforced its commitment to monitor work being carried out by its entities in affected communities. While the audit outcomes of most water entities have significantly improved over the last three years, DWS acting director-general Deborah Mochotlhi... 

FMF calls for accelerated gazetting of 100 MW distributed generation licensing-exemption threshold

By: Donna Slater     23rd July 2021 Independent nonprofit public benefit organisation the Free Market Foundation (FMF) is calling on government to accelerate the process of detailing and Gazetting President Cyril Ramaphosa’s June announcement about raising the threshold for companies to produce their own electricity without a... 

Venture capital industry survey highlights, tackles pivotal issues

By: Simone Liedtke     23rd July 2021 In 2020, in spite of the ripple effect the Covid-19 pandemic created throughout the global economy, the venture capital (VC) and private equity industry in South Africa surged forward, with 74 South African early-stage fund managers having invested more than R1.3-billion into 122 entities through... 

Eskom enhances its digital platforms

By: Simone Liedtke     23rd July 2021 State-owned power utility Eskom has embarked on a digital journey to increase its availability and accessibility to its customers. The enhanced MyEskom Customer app and the introduction of Alfred the chatbot are the first of many digital solutions to be launched to enhance Eskom’s customer... 

AMSA to report interim profit

By: Marleny Arnoldi     23rd July 2021 Primary steel producer ArcelorMittal South Africa (AMSA) expects to report headline earnings a share of R1.76 for the six months ended June 30. This marks an improvement of at least 186% on the headline loss a share of R2.39 posted in the prior comparable six months.  

Insurers advise on claims related to civil unrest

By: Donna Slater     23rd July 2021 Following the looting that took place during the civil unrest of mid-July in KwaZulu-Natal and Gauteng, insurance experts advise that claimants ensure they have proof of damage or loss or destruction of stock, to ensure they are able to submit claims within the 30-day threshold. During a webinar... 

Spar still determining full extent of damages following recent civil unrest

By: Simone Liedtke     23rd July 2021 Multinational retail store company Spar is still determining the full extent of damages caused by recent civil unrest in KwaZulu-Natal and parts of Gauteng. So far, the group’s central office and all distribution facilities in the affected areas remain secure and are undamaged, the group... 

E-governance could improve service delivery by the public sector

By: Schalk Burger     23rd July 2021 Forays into public sector digitalisation and e-governance are laying a foundation for a future in which large-scale digital adoption by government systems have the potential to vastly improve the lives of citizens on the ground in emerging economies, says management consultancy multinational... 

AfDB finances cross-country power initiative, youth development in Ethiopia

By: Marleny Arnoldi     23rd July 2021 The African Development Bank (AfDB) has signed two grant agreements for new projects with the Ethiopian government, which aims to boost youth employment and electricity trade between Ethiopia and Djibouti. The grants are grouped under the bank’s concessional lending window and will comprise... 

Initiative launched for corporates to 'adopt' riot-affected SMMEs

By: Schalk Burger     23rd July 2021 Women-owned local technology company One Linkage has launched the #RiseUpSA Campaign, which aims to enable corporates to connect with and "adopt" small, medium-sized and microenterprises (SMMEs) that need support following last week's riots and looting. Corporate South Africa is invited to help... 

Metals make climate change mitigation possible – Citi Research 

By: Martin Creamer     23rd July 2021 In a rapid electrification scenario, metals have the ability to bring about the reduction of close to 1 000 gigatonnes (Gt) of global greenhouse gas (GHG) emissions by 2050, Citi Research states in a note that examines the metals industry’s potential contribution to climate change mitigation over... 

A graphic compiled the Citi Research on the fast and moderate way of meeting the Paris climate change accord.
Complying with the Paris agreement on climate change mitigation.

International partnership to provide African SMEs with IT skills

By: Schalk Burger     23rd July 2021 Financial services group Ecobank Group has partnered with various organisations to provide training to equip small and medium-sized enterprises (SMEs) across sub-Saharan Africa with digital skills and knowledge to succeed in today’s digital world. The partnership includes information technology... 

Micro-Grid Academy Young Talent awards recognise eight finalists for innovation

By: Marleny Arnoldi     23rd July 2021 The Micro-Grid Academy Young Talent of the Year 2021 Awards have named eight finalists from across Africa in recognition of their sustainable energy innovations. This yearly competition is backed by RES4Africa Foundation, Enel Green Power and the European Investment Bank (EIB). It encourages... 

Biovac/Pfizer vaccine partnership will boost mRNA hub – Nzimande 

By: Sane Dhlamini     23rd July 2021 The Minister of Higher Education, Science and Innovation Dr Blade Nzimande has congratulated the Biovac Institute for its partnership with Pfizer and its German vaccine partner BioNTech which will see the Pfizer-BioNTech Covid-19 vaccine being manufactured in South Africa for distribution within... 

Picture of Minister of Higher Education, Science and Innovation Dr Blade Nzimande
Minister of Higher Education, Science and Innovation Dr Blade Nzimande

More municipalities procuring their own power  

23rd July 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the increasing number of big cities and medium-sized municipalities that are looking to either build or procure new electricity capacity. 

More municipalities procuring their own power

Platinum giants eye solar power as green answer to blackouts

By: Bloomberg     23rd July 2021 The world’s biggest platinum miners are ramping up plans to build renewable energy plants to free them from power outages that have plagued South Africa for more than a decade and to reduce their carbon footprint. Sibanye-Stillwater, the No. 1 platinum miner, Impala Platinum Holdings and Anglo... 

$31m mixed-use office precinct to be built in Mauritius

By: Schalk Burger     23rd July 2021 Mauritius-based Gateway Real Estate Africa (GREA) is developing a $31-million mixed-use office development – The Precinct – in Grand Baie. The development is designed to accommodate corporate tenants’ fluctuating space needs in addition to catering for the gig economy with rentable desks, access... 

Embraer reports its commercial aircraft delivery and backlog figures for the second quarter

By: Rebecca Campbell     23rd July 2021 Brazilian aerospace group Embraer on Wednesday reported its commercial aircraft deliveries and order backlogs during the second quarter of this year (2Q21). The company’s commercial aircraft business is divided into airliners and executive (business) jets. During 2Q21, Embraer delivered 14... 

An image of an Embraer E190 airliner of South African airline Airlink
Photo by Airlink
A standard Embraer E190 airliner of South African airline Airlink

Greece’s Air Force receives its first example of latest French fighter

By: Rebecca Campbell     23rd July 2021 French aerospace and defence group Dassault Aviation on Wednesday delivered its first Rafale multirole fighter to the Hellenic (Greek) Air Force (HAF). The HAF has ordered a total of 18 Rafales, composed of 12 second hand ex-French Air and Space Force aircraft and six new-build examples. The... 

Magazine round up | 23 July 2021 

23rd July 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Magazine round up | 23 July 2021

Extremely strong demand for platinum bar and coin – WPIC  

By: Martin Creamer     22nd July 2021 Extremely strong demand for platinum bar and coin is being seen around the world, particularly in the US, along with growth in demand for platinum exchange traded funds (ETFs), mainly out of North America and Europe,  World Platinum Investment Council (WPIC) head of research Trevor Raymond said... 

WPIC Research Head Trevor Raymond interviewed by Mining Weekly's Martin Creamer.

Quantum computing to add $850bn in value by 2040, says Boston Consulting Group

By: Schalk Burger     22nd July 2021 Investors are moving aggressively to increase their spend on quantum computing and confidence is growing that quantum computers will solve major problems that are beyond the reach of traditional computers, says management consultancy multinational Boston Consulting Group (BCG). This upturn in... 

SARB keeps rates unchanged, says unrest likely to slow recovery

By: Reuters     22nd July 2021 South Africa's central bank said on Thursday that recent unrest would probably slow an economic recovery from the Covid-19 pandemic, as it left its repo rate unchanged at 3.5% in a unanimous decision. The South African Reserve Bank (SARB) has now kept rates on hold in its last six meetings,... 

Report suggests 10% reuse of plastics will halve such ocean-going litter

By: Donna Slater     22nd July 2021 A key finding of the ‘Future of Reusable Consumption Model’ report suggests that it is possible to prevent almost half of yearly plastic ocean waste by reusing just 10% of all plastics consumed, as an integral part of the reduce-reuse-recycle agenda. The report – a collaboration between... 

Energy remains most heavily represented in capex survey – S&P

By: Simone Liedtke     22nd July 2021 Companies across the globe are ramping up their spending, with global ratings agency S&P Global Ratings forecasting corporate capital expenditure (capex) will rise 13% this year. According to the ‘Global Corporate Capex Survey 2021: Surge Investing’ report, global capex from nonfinancial... 

Municipal Energy Resilience Initiative signs MoUs with candidate municipalities

By: Tasneem Bulbulia     22nd July 2021 The Western Cape’s Municipal Energy Resilience (MER) Initiative has signed memoranda of understanding (MoUs) with all six of the candidate municipalities participating in the initiative.  This follows a ceremonial signing with the executive mayor of Stellenbosch Alderman Gesie Van Deventer, on... 

IFC invests in Convergence Partners’ Fund to boost digital access in Africa

By: Tasneem Bulbulia     22nd July 2021 To help strengthen broadband infrastructure and improve online access to digital services for individuals and businesses in more than 12 countries in sub-Saharan Africa, global development institution International Finance Corporation (IFC) has invested in a new fund by Convergence Partners... 

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Wheeling framework remains an inhibitor to IPPs, says association

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Magazine round up | 23 July 2021

Chichi Maponya thanks community for protecting Maponya mall

On-The-Air (16/07/2021)

South Africa's green hydrogen potential

Magazine round up | 16 July 2021

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