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Gas users call on regulator to intervene over ‘untenable’ 96% hike

By: Terence Creamer Updated 4 hours ago The Industrial Gas Users Association of Southern Africa (IGUA-SA) has described as “untenable” a 96% hike in the gas price by Sasol and has called on the energy regulator to intervene urgently to address what it describes as Sasol’s monopolistic behaviour, as well as to prevent manufacturing... →

USTDA expects to support project preparation for South Africa’s just energy transition

By: Terence Creamer Updated 5 hours ago US Trade and Development Agency (USTDA) believes it is well positioned to feed projects into the Just Energy Transition Partnership (JETP), which was established between South Africa and several developed countries, including the US, in 2020, and which is expected to progress towards... →

USTDA director Enoh Ebon

Renergen, CEF one step further in advancing agreement for Virginia gas project

By: Simone Liedtke 10th August 2022 South Africa’s Central Energy Fund (CEF) has completed its due diligence on its R1-billion investment in emerging integrated energy producer Renergen’s Virginia gas project. Marking a major step towards finalising the agreement between Renergen and the CEF, both parties have now started engaging... →

Home deliveries driving higher demand for paper bags

By: Darren Parker Updated 3 hours ago An increase in consumers ordering products for delivery to their homes instead of shopping at retail stores in the first half of this year has led to a “rapid” increase in demand for bag paper – one of the new products manufactured by JSE-listed paper and plastics packaging manufacturer and... →

Mpact CEO Bruce Strong

Wesgro’s Cape Town & Western Cape Convention Bureau secures 11 bids

By: Irma Venter Updated 7 hours ago Wesgro’s Cape Town & Western Cape Convention Bureau has secured 11 bids in quarter one of the 2022/23 financial year. It is estimated that the conferences and conventions to be hosted in the province will contribute almost R100-million to the business events value-chain over the next five years. →

Aspen to halt Covid vaccine output as J&J orders dry up

By: Reuters Updated 3 hours ago South Africa's Aspen Pharmacare will stop making Covid-19 vaccines from the end of this month due to a lack of orders, a senior executive said, further undermining Africa's already meager capacity to produce doses. Aspen currently produces vaccines for Johnson & Johnson. In March, it struck a... →

Business confidence improves on 2020 benchmark, says Sacci

By: Donna Slater Updated 7 hours ago The South African Chamber of Commerce and Industry (Sacci) reports that its Business Confidence Index (BCI) for July, at 110.3, was 1.8 index points higher than in June and 6.1 points higher than in May. Sacci had adjusted the reference point, or base year, of its BCI to 2020 and the benchmark... →

Aria proposes interventions to arrest Transnet’s rail network decline

By: Donna Slater Updated 4 hours ago Rail industry body the African Rail Industry Association (Aria) suggests several interventions to help State-owned Transnet address its prevailing inefficiencies, including re-introducing systems it used in the past and the prioritisation of maintenance of currently disabled locomotives, besides... →

Former Transnet executives’ properties, pension benefits frozen with SIU order

By: Donna Slater Updated 7 hours ago The Special Investigating Unit (SIU) and Transnet have obtained a preservation order from the Special Tribunal to freeze five luxury properties, and pension benefits valued at about R1.8-million, linked to former Transnet executives and their spouses, pending the final determination of civil... →

Libstar performs well despite supply chain disruption, cost inflation

By: Marleny Arnoldi Updated 3 hours ago Packaged goods manufacturer Libstar says it has experienced another period of supply chain disruptions, significant cost inflation and consumer pressures in the six months ended June 30, but still managed to grow its sales volumes by 6.9%. The company explains that its sales and revenue were... →

WindAc Africa to showcase research that focuses on latest developments in wind energy sector

By: Donna Slater Updated 3 hours ago The South African Wind Energy Association (SAWEA) is inviting renewable energy researchers to showcase the latest developments in wind power at its yearly wind energy academic conference WindAc Africa. To be hosted from October 11 to 13 at the Cape Town International Convention Centre, the fifth... →

South Africa strikes deal with EU to release tons of oranges stuck at harbours

By: News24Wire Updated 4 hours ago The Department of Agriculture, Land Reform and Rural Development says it has struck a deal with the European Union, which means that South African citrus exports, stuck at EU harbours, are being processed again. They have been stuck at European ports after new EU import regulations were suddenly... →

Swissport highlights appointment of women to senior positions

By: Rebecca Campbell Updated 5 hours ago Independent airport ground services and air cargo handling company Swissport South Africa highlighted on Wednesday that it had recently appointed two women to its Board of Directors, with a third woman also being recently appointed as its new chief financial officer (CFO). The announcement came... →

South Africa-connected Irish aviation group takes full control of Belgian MRO company

By: Rebecca Campbell 10th August 2022 Ireland-based aviation services company ASL Aviation Holdings (ASL) has announced that it had taken full ownership of Belgium-based aircraft maintenance, repair and overhaul (MRO) company X-Air Services (X-Air). Among its range of subsidiary companies based in Europe, Africa and Asia, ASL was the... →

Polls show German public support for operating nuclear reactors for longer than planned

By: Rebecca Campbell 10th August 2022 Two separate opinion polls undertaken in Germany have both shown that the greater number of those polled want the life of the country’s three remaining nuclear power reactors to be extended, “World Nuclear News” has pointed out. The three reactors are currently scheduled to be shut down at the... →

Joint US-Norwegian jet-propelled artillery projectile successfully tested

By: Rebecca Campbell 10th August 2022 Giant US aerospace and defence group Boeing and Norwegian defence and aerospace company Nammo have successfully test fired an artillery projectile powered by a ramjet. Announced on Tuesday, the test took place on June 28, at Norway’s Andøya Test Centre. A ramjet is a structurally simple form of... →

John Deere launches redesigned ADT in South Africa

Updated 4 hours ago Equipment manufacturer John Deere recently added to its local portfolio its newly redesigned and improved 460E-II articulated dump truck. Building on the success of the previous generation 460E platform, the new dump truck offers numerous improvements to cater for increased usability and... →

John Deere launches redesigned ADT in South Africa

Stage 2 load-shedding may be on the cards for later today

By: News24Wire Updated 5 hours ago Stage 2 load-shedding might be required at short notice from 16:00 to midnight on Wednesday. Breakdowns at the Majuba, Tutuka and Kriel power stations have put a severe strain on the power generation system, Eskom said. Stage 2 load-shedding may be required at short notice should any further... →

Barrick’s Mali trebling solar as renewables stave off high energy prices at Kibali

By: Martin Creamer 9th August 2022 The African regions are continuing to excel on all fronts for Barrick, the large gold/copper miner that is benefitting from a stand-out performance in Tanzania and finding exploration in Mali and Senegal “a gift that keeps giving”, and which is being received with open arms in Pakistan. Under the... →

Barrick second-quarter results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Eskom makes case for major overhaul of retail tariff structure in submission to regulator

By: Terence Creamer 8th August 2022 Eskom has submitted a tariff restructuring application to the National Energy Regulator of South Africa (Nersa) in which the utility is proposing a major overhaul of the prevailing retail tariff structure, including a separation of energy, network and service charges and the introduction of... →

Eskom head office at Megawatt Park

Africa uniquely positioned to be a major player in climate actions

By: Darren Parker 8th August 2022 Africa is uniquely positioned to become a major player in global climate actions because it contains 60% of the globe’s arable land, has highly diverse and unique ecosystems, and has significant potential for renewable energy that arises from the abundance of wind and sunlight across the... →

Sanral-led programme aims to put an end to potholes in six months

By: Darren Parker 8th August 2022 Following the August 7 launch of the South African National Roads Agency Limited- (Sanral-) led Vala Zonke programme, which aims to tackle the thousands of potholes on roads across the country, Sanral engineering executive Louw Kannemeyer has told Engineering News the hope is to deal with most of... →

An photo of a potholed road in South Africa

OneLogix warns of up to 80% y/y decrease in earnings a share

By: Darren Parker 8th August 2022 JSE-listed logistics company OneLogix has advised its shareholders to expect a drop of between 60% and 80% year-on-year in earnings a share to between 2.5c and 5c for the financial year ended May 31. Similarly, headline earnings per share (HEPS) are also expected to decrease by between 55% and... →

PTV Group, SU strengthen partnership for intelligent transport, traffic systems

By: Schalk Burger 8th August 2022 German traffic and transportation, mobility and logistics software and consulting services company PTV Group will support research and development at the Stellenbosch University (SU) Smart Mobility Laboratory with its software solutions for transportation modelling and simulation. The partners... →

Logicalis acquires UK consultancy

By: Schalk Burger 8th August 2022 Information and communications technology multinational Datatec subsidiary Logicalis UK&I has acquired UK information technology (IT), data management, data protection, compliance and information security consultancy Q Associates. "The acquisition adds complementary capabilities to Logicalis... →

King Shaka International upgrading its parking management system

By: Schalk Burger 8th August 2022 The King Shaka International Airport is upgrading its parking management system and expects the upgrade to be complete by October. →

De Lille welcome SIU investigation into five DPWI projects

By: Tasneem Bulbulia 8th August 2022 On August 5, the Special Investigating Unit (SIU) announced that it had received the green light to investigate five contracts under the Department of Public Works and Infrastructure (DPWI). The probe will cover tenders related to contracts for work on official accommodation and refurbishment of... →

UCT Genesis project to launch another eight start-ups at yearly event

By: Tasneem Bulbulia 8th August 2022 The UCT Genesis project will launch another eight dynamic student start-up businesses at the yearly UCT Genesis Product Launch and Exhibition, on August 10. This year, the headline sponsor for the event is Snapscan, with Greeff Properties sponsoring the VIP Section. →

US Africa strategy stresses China, Russia threats

By: Reuters 8th August 2022 The United States released a new strategy document for sub-Saharan Africa on Monday, stressing the region's importance, the threats posed by China and Russia, and vowing to extend defense cooperation with like-minded African countries. "The United States has an abiding interest in ensuring the... →

Barrick takes lead in holistic ESG integration amid ‘greenwashing’ scepticism

By: Martin Creamer 8th August 2022 Gold and copper mining company Barrick has taken the lead in integrating the various aspects of environmental, social and governance (ESG) to ensure holistic and objective measurement, Barrick CEO Dr Mark Bristow stated on Monday, when the New York- and Toronto-listed company reported strong... →

Barrick CE Dr Mark Bristow.

Eskom confirms restart of Koeberg Unit 2 after delays

By: Terence Creamer 8th August 2022 State-owned electricity utility Eskom has confirmed that Unit 2 at the Koeberg nuclear power station was returned to service at 20:24 on Sunday, August 7. “The unit is currently loading and will require about ten days to reach full output,” spokesperson Sikonathi Mantshantsha confirmed in an... →

The steam generators, which arrived in late 2020, were not installed during the extended maintenance of Unit 2.

Joburg Water starts replacing outage-prone asbestos pipes

By: Natasha Odendaal 8th August 2022 Joburg Water is implementing an urgent short- to medium-term plan to replace old asbestos cement piping infrastructure with either UPVC or steel pipes in the Central and North of Johannesburg. Last week, Joburg Water technical teams completed an assessment of problematic sections of the network... →

Mpact’s interim earnings, revenue increase despite many headwinds

By: Darren Parker 8th August 2022 JSE-listed paper and plastic packaging manufacturer Mpact has reported an improved trading performance for the six months ended June 30, with group revenue for the period having increased by 5.2% year-on-year to R5.7-billion. The company attributed this to strengthened local demand for both... →

Intercape pleads for intervention as terror campaign intensifies

By: Irma Venter 8th August 2022 The Intercape long-distance coach company last week appeared before the Western Cape Standing Committee on Transport and Public Works, as well as members of the senior provincial police management, to plead for urgent interventions to stop the continuing attacks on its vehicles. In the latest... →

Image of an Intercape bus that was attacked

One of Intercape's buses that faced an attack by a gunman

Bridgestone, Microsoft partner to accelerate advanced tyre analytics

By: Schalk Burger 8th August 2022 Tyre and mobility company Bridgestone and information technology company Microsoft will collaborate to bring Bridgestone mobility solutions platforms to new mobility players, original-equipment manufacturers (OEMs) and fleets. Microsoft Azure will enable Bridgestone to create value for customers,... →

BLSA, NPA sign MoU to further develop the skills needed for successful prosecutions

By: Tasneem Bulbulia 8th August 2022 In support of its strategic priority to support the recovery of the criminal justice system, business organisation Business Leadership South Africa (BLSA) last week signed a memorandum of understanding (MoU) with the National Prosecuting Authority (NPA). Under the terms of the MoU, BLSA will... →

Nasa has announced date for first launch attempt of its new Moon mission spacecraft

By: Rebecca Campbell 8th August 2022 The US National Aeronautics and Space Administration (Nasa) announced late last week that it had chosen August 29 as the date for its first launch attempt of its Artemis I Moon mission. The backup dates, should it not prove possible to launch on August 29 (for example, due to bad weather), were... →

LHDA awards Senqu bridge construction tender

By: Natasha Odendaal 8th August 2022 The three-year construction of the 825-m-long, 90-m-high Senqu bridge is set to start soon following the Lesotho Highlands Development Authority (LHDA) awarding of the M2-billion construction contract to a multi-national consortium. LHDA selected Italy-based Webuild; South African firms Raubex... →

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