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Transnet revamping concessions model to speed up private involvement in rail and ports

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

Transnet revamping concessions model to speed up private involvement in rail and ports

Covid-19 will not affect current capex, but future projects are dependent on recovery, says Trac 

By: Irma Venter     23rd October 2020 The Covid-19 pandemic will not affect the rollout of the current R1.6-billion of capital projects along the N4, says Trans African Concessions (Trac) CEO Alex van Niekerk. TRAC manages the N4 Toll Route between Tshwane, Gauteng, and the Maputo port, in Mozambique. 

 Covid-19 will not affect current capex, but future projects are dependent on recovery, says Trac
Alex van Niekerk

BLSA implores Mboweni to prioritise revenue collection in MTBPS 

By: Marleny Arnoldi     23rd October 2020 In an open letter from Business Leadership South Africa (BLSA) addressed to Finance Minister Tito Mboweni, the organisation asks that the Medium Term Budget Policy Statement (MTBPS) "aggressively trim remaining fat" towards efficient revenue collection in the country. On behalf of business,... 

Nissan to launch small Magnite SUV in local market in 2021

By: Irma Venter     23rd October 2020 Japanese car maker Nissan has confirmed that it will bring the newly launched Magnite sports-utility vehicle (SUV) to the local market early next year. Pricing will only be announced nearer to the domestic launch, however. 

Nissan to launch small Magnite SUV in local market in 2021

Airlines eye deals with South Africa's Airlink as SAA, Comair falter

By: Reuters     23rd October 2020 South Africa's Airlink is in talks with several foreign airlines seeking to increase their reach in southern Africa at a time when major regional carriers South African Airways and Comair remain grounded, its CE told Reuters. The talks come as Southern African airspace reopens following Covid-19... 

The CSIR unveils its new logo and branding

By: Rebecca Campbell     23rd October 2020 The Council for Scientific and Industrial Technology (CSIR), South Africa’s pre-eminent multidisciplinary research and development agency, revealed its new logo and branding on Friday. Its previous logo was the just the letters CSIR, but with the C, S and I linked together and the apparently... 

The CSIR unveils its new logo and branding
Photo by CSIR
The new CSIR logo

Redefine diversifies into Polish logistics market

By: Simone Liedtke     23rd October 2020 Despite sentiment towards global real estate having fallen sharply, the outlook for the Polish logistics sector has improved significantly as a result of Covid-19, says Redefine Europe CEO Pieter Prinsloo. Speaking during real estate investment trust (Reit) Redefine Properties’ Polish market... 

Umgeni Water CEO resigns with immediate effect

By: News24Wire      23rd October 2020 Thamsanqa Hlongwa has resigned as the chief executive of Umgeni Water with immediate effect, the State-owned entity announced on Thursday. In a note to shareholders, South Africa's second largest water board said that Hlongwa's resignation had been accepted. 

Dept reaffirms commitment to implement water projects in KZN

By: Tasneem Bulbulia     23rd October 2020 The Department of Water and Sanitation (DWS) in KwaZulu-Natal has maintained that it will oversee the speedy implementation of water infrastructure projects across the province. This comes as the provincial water storage continued to decline week-on-week to 52.1% this week from 52.7% last week. 

The Wine Farmer project launched to combat damaging effects of lockdown on industry

By: Simone Liedtke     23rd October 2020 The Southern African Agri Initiative (Saai) has launched a new wine marketing project, The Wine Farmer, which is an online wine shop aimed at making family farm wines available to consumers across South Africa at cellar door prices. The project is based at the Marianne Wine Estate, in Stellenbosch. 

The Wine Farmer project launched to combat damaging effects of lockdown on industry

Brazilian aerospace group delivered 28 civilian jets during the third quarter

By: Rebecca Campbell     23rd October 2020 Brazilian aerospace and defence group Embraer has announced that it delivered a total of 28 commercial and executive jets during the third quarter of this year. These were divided into seven airliners of its ‘E-Jet’ family and 21 executive jets. The company is the world’s number one manufacturer... 

Brazilian aerospace group delivered 28 civilian jets during the third quarter
Photo by Airlink
An Embraer E190 of South African airline Airlink

Air Seychelles announces flights between Johannesburg and the Maldives

By: Rebecca Campbell     23rd October 2020 Air Seychelles announced on Thursday that it was instituting summer season flights from Johannesburg to the Maldives. These would be operated via a short stop in the Seychelles themselves. The flights would run from December 2 this year to January 9 next year. The flights from Johannesburg to the... 

Air Seychelles announces flights between Johannesburg and the Maldives
Photo by Air Seychelles
One of Air Seychelles’ two A320neo airliners

Maritime industry grappling with cyber-physical security as IT/OT converge

By: Schalk Burger     23rd October 2020 A panel of maritime and cybersecurity experts on October 21 discussed the changing demands on the maritime industry to ensure the physical security of vessels and shore side infrastructure and operations as information technology (IT) and operational technology (OT) converge. The convergence is... 

AI-powered tool improves document analysis for legal use

By: Schalk Burger     23rd October 2020 South African artificial intelligence (AI) consulting company Deep Learning Café has launched an AI-powered tool that is able to sort through large volumes of data to find specific search phrases, improving the efficiency of document analysis for legal use. This is particularly useful for smaller... 

Earth observation market to support precision agriculture forecast to double in a decade

By: Rebecca Campbell     23rd October 2020 A recently published study has predicted that the global market for Earth observation (EO) for agricultural applications will be worth more than $815-million by 2029. The study, ‘EO4AG – Earth Observation for Agriculture’, was jointly compiled by TerraMetric (an American-domiciled global business... 

Oil demand may see lasting impact from pandemic, World Bank says

By: Bloomberg     23rd October 2020 Oil demand could see “lasting impacts” from the coronavirus while modest gains are projected in metals and agriculture prices as commodity markets recover from the shock of the pandemic, according to the World Bank. The World Bank boosted its projections from April for the average oil price in... 

Eskom's State of the System briefing 

23rd October 2020 Eskom delivered its State of the System briefing this week. Engineering News editor Terence Creamer attended the session and unpacks the prognosis for electricity supply for the summer months. 

Eskom's State of the System briefing

Winde appeals to Ramaphosa, Mboweni over SAA R10bn bailout

By: News24Wire      23rd October 2020 Western Cape Premier Alan Winde has appealed to the national government to "think carefully" about a possible bailout for South African Airways (SAA). He said all the provinces desperately need everything they can get, to recover from the Covid-19 lockdown and job losses. 

Ramatlakane says it will be a challenge, but ’wrong things’ at PRASA must be fixed

By: African News Agency      23rd October 2020 PRASA's woes must be resolved so that it can deliver cheaper, safe and reliable public transport to South Africa's working class, former ANC MP Leonard Ramatlakane said shortly after he was named as the new chairman of the embattled entity. "All the wrong things must be dealt with and we must... 

Eskom moves to appoint advisers to structure 'green' transaction 

By: Terence Creamer     22nd October 2020 South Africa’s coal-heavy power utility is moving to appoint financial advisers to assist it in structuring a potential transaction that could unlock discounted ‘green’ funding for the debt-laden State-owned entity in return for it meeting agreed decarbonisation targets. Eskom CEO Andre de Ruyter... 

Eskom moves to appoint advisers to structure 'green' transaction

Unilever ring-fences €1bn for Clean Future initiative

By: Tasneem Bulbulia     22nd October 2020 Consumer goods company Unilever has launched its Clean Future initiative, which is aimed at engendering sustainability in the way it produces products and renders services. During a virtual launch of the initiatives on October 22, the company explained that it was seeking to transform its... 

Afreximbank ready to raise up to $5bn for Covid-19 vaccines for Africa - CDC head

By: Reuters     22nd October 2020 The African Export Import Bank is ready to raise up to $5-billion to purchase COVID-19 vaccines for African countries, the head of the continent’s disease control body told Reuters on Thursday. John Nkengasong, head of the Africa Centres for Disease Control and Prevention (CDC), said Africa needs... 

Cabinet confirms PRASA board appointments

By: Creamer Media Reporter      22nd October 2020 Cabinet on October 22 confirmed the names of the new board of control of the Passenger Rail Agency of South Africa (PRASA). Leonard Ramatlakane is chairperson of the PRASA board. 

Fronting still a major issue in delivering on economic transformation, says commission

By: Simone Liedtke     22nd October 2020 “Fronting”, where a person of color or entity is given a stake but does not get the powers associated with it, remains the biggest challenge to the power of the Broad-Based Black Economic Empowerment (BBBEE) Act to deliver on economic transformation, the BBBEE Commission warns. Speaking at the... 

University of Pretoria team come second in Brics youth energy event

By: Rebecca Campbell     22nd October 2020 A South African team took second place in the recent 2020 Brics Youth Energy Outlook event, hosted in Moscow. Brics is the acronym for the Brazil, Russia, India, China, South Africa alignment and the Youth Energy Outlook involves teams of young researchers submitting papers on energy and the... 

Procurement of 11.8 GW only the ‘first step’ in full elimination of load-shedding threat – De Ruyter 

By: Terence Creamer     22nd October 2020 State-owned power utility Eskom, which is ramping up the maintenance of its unreliable and unpredictable coal power stations, anticipates that there will be a ‘step change’ in the performance of the fleet from April 2021, but has also warned that the risk of load-shedding will persist until at... 

Procurement of 11.8 GW only the ‘first step’ in full elimination of load-shedding threat – De Ruyter
Photo by Creamer Media's Donna Slater
CEO Andre de Ruyter and COO Jan Oberholzer

SA parliament concerned about governance and finance challenges at Denel 

By: African News Agency      22nd October 2020 South Africa’s parliament said on Thursday it was concerned about the governance and financial challenges at state arms manufacturer Denel. In a statement, the portfolio committee on public enterprises said it had heard from Denel officials during a briefing that the struggling firm suffered an... 

SA parliament concerned about governance and finance challenges at Denel

Resgen requests trading halt ahead of announcement

By: Simone Liedtke     22nd October 2020 Trading of energy resources company Resource Generation's (Resgen's) securities on the ASX and the JSE will temporarily be halted, at the company’s request, until October 26. The company’s decision to halt security trading follows its reliance on formalising an extension to the first repayment... 

Solidarity union blasts government over Denel 

By: Rebecca Campbell     22nd October 2020 The Solidarity trade union has accused government Ministers of failing to support each other, as well as defence industrial group Denel, regarding the future of the financially-beleaguered State-owned entity. In a letter to the Denel board of directors and a number of Ministers, notably Finance... 

Solidarity Fund marks progress

By: Tasneem Bulbulia     22nd October 2020 The Solidarity Fund says that, while there will be a time when its work will no longer be needed, that time has not come yet and, until it does, the fund will continue to work with partners and stakeholders to support the country. As of October 15, the fund had received more than R3.12-billion of... 

Furniture Industry Masterplan to be finalised in coming months – DTIC

By: Simone Liedtke     22nd October 2020 The Furniture Industry Masterplan (FIMP) has been submitted to all relevant stakeholders and will be finalised and implemented in the coming months, Department of Trade, Industry and Competition (DTIC) agroprocessing and forestry-based industries chief director Ncumisa Mcata-Mhlauli confirms. The... 

Fund establishes collective investment scheme with an infrastructure focus

By: Simone Liedtke     22nd October 2020 South Africa’s first preference shares with an infrastructure focus were listed on October 22 on 4 Africa Exchange (4AX), Gaia Fund Managers and Kruger International Asset and Wealth Management confirmed. Gaia, together with Kruger, is listing Gaia Fund 1 (the Fund), which complies with... 

Covid has highlighted the value of operating remotely – mining editor 

By: Martin Creamer     22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... 

Covid has highlighted the value of operating remotely – mining editor
ifm Australia’s Freddie Coertze and Aditya Kunder.

Altron delivers growth during lockdown

By: Natasha Odendaal     22nd October 2020 JSE-listed technology company Allied Electronics (Altron) has achieved double-digit growth in revenue and earnings before interest, tax, depreciation and amortisation (Ebitda) from continuing operatons during the six months to August 31, 2020. The group’s Ebitda increased 17% to R883-million for... 

Numsa to picket at RMI, Mibco offices

By: Marleny Arnoldi     22nd October 2020 The National Union of Metalworkers of South Africa (Numsa) will hold a march to all the offices of the Retail Motor Industry (RMI) on October 27 to hand over memorandums of demands at each venue. The RMI is an employer body representing many component manufacturers in the automotive industry.  

Numsa to picket at RMI, Mibco offices

Mantashe reiterates energy sector efforts to complement economic recovery plan

By: Marleny Arnoldi     22nd October 2020 During a sitting of Parliament on the debate of the Economic Reconstruction and Recovery Plan, Mineral Resources and Energy Minister Gwede Mantashe has reiterated government’s targets to deliver 16 313 MW of additional electricity generation capacity from a mix of energy sources. Mantashe... 

Mantashe reiterates energy sector efforts to complement economic recovery plan
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe

Tunnelling works progressing at Lesotho Highlands Water Project

By: Simone Liedtke     22nd October 2020 Underground tunneling works inside the two Polihali diversion tunnels are progressing well, with excavations advancing from the outlets at about 6 m a day per tunnel at the Lesotho Highlands Water Project (LHWP) site. So far, the excavation of the intake and outlet portals have been completed and... 

Tunnelling works progressing at Lesotho Highlands Water Project

South African Cabinet approves export tax on chrome ore 

By: Reuters     22nd October 2020 South Africa, the world's biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on chrome ore, according to a Cabinet statement on Thursday. "The interventions include the proposed introduction of the export tax on chrome... 

South African Cabinet approves export tax on chrome ore

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