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Tax from ‘resilient’ mining sector underpins R38.9bn post-riot relief package 

By: Terence Creamer     Updated 4 hours ago Tax revenues from South Africa’s high-flying mining industry have provided the financial underpin for a new R38.9-billion relief package unveiled by Finance Minister Tito Mboweni on Wednesday to support businesses devastated by recent looting and property destruction and to provide ongoing relief... 

Photo of Finance Minister Tito Mboweni
Finance Minister Tito Mboweni

Tariff application with Itac, waiting for cement designation to be gazetted – PPC 

By: Irma Venter     Updated 5 hours ago The domestic cement industry is awaiting response from the International Trade Administration Commission of South Africa (Itac) on its application for tariffs to be levied on imported cement from certain Asian countries, says PPC Southern Africa MD Njombo Lekula. “The application is with Itac. We... 

Photo of a PPC plant

UIF allocates R5.3bn for TERS unrest benefit – Nxesi

By: Donna Slater     Updated 3 hours ago The Unemployment Insurance Fund (UIF) has set aside R5.3-billion for the new Temporary Employer/Employee Relief Scheme (TERS) benefit to help employees and employers negatively impacted by the civil unrest in KwaZulu-Natal and parts of Gauteng in mid-July, Employment and Labour Minister Thulas... 

SAPVIA calls for clarity on local content requirements

By: Creamer Media Reporter      Updated 4 hours ago The South African Photovoltaic Industry Association (SAPVIA) is calling for immediate clarity from the Department of Trade, Industry and Competition (DTIC) about its approach to localisation, specifically in the South African solar photovoltaic (PV) sector. The DTIC and the National Treasury have... 

An image of solar PV panels being installed

New framework needed to accommodate third-party electricity generators on the national grid

By: Donna Slater     28th July 2021 The wheeling and trading of electricity produced by third parties into the national grid is a complex issue that requires frameworks and grid capacity building, State-owned power utility retail pricing corporate specialist Shirley Salvoldi has said. She spoke during a webinar on the topic of... 

Potatoes South Africa, McCain warn of looming potato dumping threat

By: Marleny Arnoldi     Updated 6 hours ago Industry association Potatoes South Africa (PSA) has highlighted the imminent threat looming for the local potatoes industry, considering the recent lapse of antidumping duty protection. South Africa has long been considered a prime destination for dumping below-cost frozen processed potato... 

McCain Foods potatoes
McCain Foods potatoes

Numsa rejects Seifsa’s wage offer

By: Marleny Arnoldi     Updated 4 hours ago The National Union of Metalworkers of South Africa (Numsa) has declared a deadlock in wage negotiations with the Steel Federation of Southern Africa (Seifsa). Seifsa and labour unions Numsa, Solidarity and Uasa on July 28 continued with negotiations over the proposed 4.4% wage increase offer. 

AECI delivers strong performance as trading environment normalises post-Covid 

By: Simone Liedtke     Updated 5 hours ago Diversified chemicals company AECI delivered a strong performance for the six months to June 30. The trading environment began to normalise during the second half of 2020 following the world’s recovery from the initial waves of Covid-19 infections. This improvement trend continued into this year,... 

PIC OF AECI CEO Mark Dytor
AECI CEO Mark Dytor

Computing, food tech among many new PGM opportunity areas ­– Anglo Platinum  

By: Martin Creamer     Updated 5 hours ago The computing world is an opportunity area for platinum group metals (PGMs), along with food technology, alloy development, medical advance, waste control, battery and storage  – and that is on top of the now much-celebrated and pervasive green hydrogen feedstock phenomenon. JSE-listed Anglo... 

Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

South Africa must capitalise on natural resources to spur green hydrogen economy

By: Tasneem Bulbulia     Updated 5 hours ago The green hydrogen economy offers South Africa a considerable advantage to use its endowment of natural resources to help reindustrialise its economy, as well as for the country to play a leading role in the transition to carbon-neutral world, chemicals company AECI chairperson Dr Khotso Mokhele... 

An image of AECI chairperson Dr Khotso Mokhele
Dr Khotso Mokhele

Hydrogen offers considerable potential for South Africa, industry stalwart says

By: Tasneem Bulbulia     Updated 5 hours ago There is a consensus that green hydrogen will be central in the transition to a carbon-neutral society, and therefore, the green hydrogen economy offers South Africa a considerable opportunity to use its endowment of natural resources to play a leading role. This was indicated by the former head... 

An image of former head of Toyota’s hydrogen and fuel cell strategy  Professor Katsuhiko Hirose
Professor Katsuhiko Hirose

Gauteng making strides in green hydrogen economy

By: Tasneem Bulbulia     Updated 5 hours ago Only green hydrogen can store and effectively distribute renewable energy to where it is needed at scale, and Gauteng is spearheading some developments in this regard, Jak Koseff, who is special adviser to the Gauteng MEC for Economic Development, has said. Koseff is also one of the leads on... 

An image of Gauteng MEC for Economic Development Jak Koseff
Jak Koseff

Bakwena rolls out tap-and-go technology along N1/N4 route

By: Tasneem Bulbulia     28th July 2021 The Bakwena Platinum Corridor Concessionaire has rolled out tap and go technology at selected plazas along the N1/N4 toll route in an effort to increase safety, with the country currently experiencing the third wave of the Covid-19 infections. This technology was extensively tested and refined... 

An image showing the new tap and go technology for selected plazas along the N1/N4 toll route
Tap and go

Digital healthcare can take sophisticated medical services to unsophisticated environments

By: Schalk Burger     Updated 6 hours ago Digital healthcare, which is the use of information and communications technologies and devices to provide medical services, can enable the local use of expert and international resources, as well as augment the capabilities of medical practitioners even in resource-constrained environments. This... 

An image of Dr Ryan Noach, CEO of Discovery Health
Discovery Health CEO Dr Ryan Noach

Africa a target market for Russia’s new fighter

By: Rebecca Campbell     Updated 6 hours ago African states are among those targeted as possible export markets for Russia’s latest fighter design, currently known only as the Checkmate. This was officially unveiled at the MAKS 2021 aerospace and defence show at Zhukovsky, in the Moscow region, on July 21. Africa was identified as a target... 

An image of a Sukhoi Checkmate displayed at MAKS 2021
Photo by Rostec
The Sukhoi Checkmate displayed at MAKS 2021

Flexible dual-fuel engines to modernise Flour Mills Nigeria plant

By: Schalk Burger     28th July 2021 Energy and marine equipment manufacturer Wärtsilä will supply fuel-flexible dual-fuel engines to extend, improve and modernise power generation for a captive power plant at Nigeria’s oldest and largest food and agroprocessing company Flour Mills Nigeria. Flour Mills Nigeria’s Lagos-based power... 

An image of the Wärtsilä Fuel-flexible 34DF engine generator that will be installed at Flour Mills Nigeria's premises

NAPAfrica continues strong growth amid increased connectivity demand

By: Natasha Odendaal     28th July 2021 As NAPAfrica nears its tenth year of operations, the group announced that it has reached a peering throughput milestone of more than 2 Tb/s, with over 500 organisations now actively peering. Launched in 2012 to stimulate the development of an Internet exchange (IXP) within a truly vendor-neutral... 

Rolls-Royce and US company develop means for ultra cold vaccine transport in remote areas

By: Rebecca Campbell     Updated 6 hours ago A US-based innovation unit of UK-based global major industrial technology group Rolls-Royce has designed an ultra-low temperature cold transport pod for vaccines, a design that was then developed jointly with specialist US company ChefsFridge. The innovation team that designed the pod, which is... 

Transnet Port Terminals' Navis operational

By: Schalk Burger     Updated 4 hours ago State-owned Transnet Port Terminals (TPT) on July 28 said its Navis customer links were now fully operational at all container terminals. "All stakeholders are expected to fully use the Navis system, with the only exception being the Ngqura and Port Elizabeth Container Terminals that will... 

Biden revives Trump's Africa business initiative; focus on energy, health

By: Reuters     28th July 2021 The Biden administration on Tuesday announced a new push to expand business ties between US companies and Africa, with a focus on clean energy, health, agribusiness and transportation infrastructure on the continent. US industry executives welcomed the interest, but said dollar flows will lag... 

Sasol says its energy business delivers satisfactory full-year performance

By: Schalk Burger     27th July 2021 Integrated energy and chemicals multinational Sasol's energy business had delivered a satisfactory performance, in line with expectations, for the financial year ended June 30. The company on July 27 reported that its integrated value chain had benefitted from higher oil prices in the second half... 

Old Mutual Insure pledges R10m to help SMEs rebuild following riots

By: Tasneem Bulbulia     27th July 2021 Insurer Old Mutual Insure says it is working quickly to finalise looting-related claims – which it is mandated to handle on behalf of State-owned insurance company South African Special Risks Insurance Association (Sasria) – within three weeks so that affected small and medium-sized enterprises... 

UK-based company’s US facilities have developed a new generation missile seeker

By: Rebecca Campbell     27th July 2021 UK-based global major aerospace and defence group BAE Systems announced on Monday that it had received a $117-million contract from one of its US counterparts, Lockheed Martin, for next-generation missile seekers. These will be fitted to Lockheed Martin Long-Range Anti-Ship Missiles (LRASMs)... 

South African company to manufacture hemp product machinery in the Eastern Cape

By: Schalk Burger     27th July 2021 Local hemp products development company Quattro-Canna Holdings has signed a licence agreement with hemp processing equipment developer Canadian Greenfield Technologies to manufacture the HempTrain decorticator plant, which is designed for mass-processing of hemp straw-bales into bast fiber, hurd... 

S&P not planning immediate rating actions as a result of civil unrest

By: Donna Slater     27th July 2021 Ratings agency Standard & Poors (S&P) Global Ratings does not expect to take any immediate rating actions in the wake of the mid-July civil unrest that affected KwaZulu-Natal and parts of Gauteng. The unrest, which included widespread looting, violence, vandalism, loss and damage of stock, left... 

Kumba working with Transnet to fix tracks so that rail speed can be lifted  

By: Martin Creamer     27th July 2021 Anglo American group mining company Kumba Iron Ore, which on Tuesday reported a superb set of record half-year results, is working with Transnet to refurbish the iron-ore export line so that trains can travel at a higher average speed than the current 30 km/h. In the six months to June 30,... 

Kumba Iron Ore’s results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Bandits steal truckloads of copper worth millions in southern Africa - sources

By: Reuters     27th July 2021 Crime gangs have stolen dozens of truckloads of copper owned by miners and traders including Glencore, Trafigura and Traxys this year as they were heading to ports in southern Africa, three sources with direct knowledge of the matter said. Record high copper prices have triggered an increase in... 

European new era telecommunications satellite ready for launch

By: Rebecca Campbell     27th July 2021 The European Space Agency (ESA) has announced that the world’s first commercial fully flexible software-defined telecommunications satellite has been integrated on its launch rocket. It is now ready for its launch, which is scheduled for Friday (July 30). The satellite, designated Eutelsat... 

Grindrod Shipping to acquire remainder of IVS Bulk joint venture 

By: Irma Venter     27th July 2021 Grindrod Shipping Holdings has announced a number of transactions relating to the acquisition of the remaining 31.14% equity stake in its IVS Bulk joint venture (IVS Bulk). Grindrod Shipping Holdings is a global provider of maritime transportation services, predominantly in the drybulk sector. 

Public wage offer becomes done deal with majority of unions on board  

By: News24Wire      27th July 2021 Ending months of adversarial public sector wage talks, a majority of civil servant labour unions have now accepted government's latest offer.  The SA Government News Agency reports that the agreement has now been signed by the South African Democratic Teachers' Union, the National Professional... 

Public Service and Administration Minister Senzo Mchunu
Public Service and Administration Minister Senzo Mchunu

Creecy calls on rich countries to dramatically raise climate finance pledges from $100bn ‘floor’ 

By: Terence Creamer     27th July 2021 Forestry, Fisheries and the Environment Minister Barbara Creecy has called on the developed countries to ensure access to long-term, predictable and affordable climate finance for developing countries. Creecy participated in a July Climate Ministerial meeting hosted in London, in the UK, this... 

Photo of Forestry, Fisheries and the Environment Minister Barbara Creecy
Photo by Creamer Media's Donna Slater
Forestry, Fisheries and the Environment Minister Barbara Creecy

BioNTech project aims to expand malaria vaccine production capacity in Africa

By: Thabi Madiba     27th July 2021 German biotech company BioNTech has announced a project aimed at creating a highly efficacious vaccine to help eradicate malaria, while expanding vaccine production capacity across Africa. BioNTech will develop a first-generation mRNA vaccine using a known antigen, the CSP protein, the clinical... 

BioNTech project aims to expand malaria vaccine production capacity in Africa

Transnet expects to lift force majeure at port terminals ‘soon’ 

By: Creamer Media Reporter      27th July 2021 State-owned freight logistics group Transnet, whose operations have been seriously disrupted by recent unrest and a major cyberattack, confirmed on Tuesday that Transnet Port Terminals had communicated a force-majeure declaration with customers on Monday July 26, covering the period from July 22... 

Photo of the Durban Container Terminal
Photo by Creamer Media
The Durban Container Terminal

Exuberant Kumba Iron Ore’s stakeholders receive R51bn shared value boost 

By: Martin Creamer     27th July 2021 Anglo American group iron-ore mining company Kumba Iron Ore, which has achieved record half-year earnings with great exuberance, has shared a sky-high first-half R51-billion with its spread of stakeholders that take in the fiscus, local suppliers, nearby communities, employees, shareholders and... 

This picture was provided by Kumba as part of its half-year  results media release.
Kumba Iron Ore CE Themba Mkhwanazi

Adopting a 1.5°C pathway could accelerate universal energy access in Africa 

By: Terence Creamer     27th July 2021 Africa has a narrow window of opportunity to use its natural resource advantages and relatively low carbon emissions to attract the finance it needs to both accelerate a renewables-based energy transition that is supportive of a sub-1.5°C climate outcome and ensure universal energy access. This... 

Image of sun rising behind wind turbines

WTO’s holiday from vaccine equity talks draws calls for action

By: Bloomberg     27th July 2021 An urgent global effort to rebalance the inequity between rich, vaccinated nations and poor nations sliding further into pandemic misery is colliding with an immovable calendar conflict: the European summer holiday. Next week World Trade Organization delegates are planning to depart Geneva for... 

An image of various manufacturers' Covid-19 vaccines

Transnet declares force majeure at its container terminals

By: Reuters     27th July 2021 South African State logistics firm Transnet declared force majeure at major container terminals in the country after a cyberattack last week disrupted operations, a notice seen by Reuters showed on Tuesday. The document sent to customers and dated on Monday said the force majeure would be... 

An image of the Durban Container Terminal

BioNTech will attempt shot for malaria next

By: Bloomberg     27th July 2021 BioNTech will seek to follow its successful Covid-19 vaccine with a shot to prevent malaria, both its first solo project and first new infectious-disease effort since the pandemic began. The German biotech aims to start patient trials of a malaria shot by the end of next year. Backed by the World... 

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