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Nersa urges stakeholders to join it in opposing Eskom’s latest court challenge 

By: Terence Creamer     10th May 2021 The National Energy Regulator of South Africa announced on Monday that it would oppose an Eskom High Court application seeking to review and set aside the Energy Regulator’s latest regulatory clearing account determination. In an unusual step, the regulator also urged other stakeholders to join... 

Nersa urges stakeholders to join it in opposing Eskom’s latest court challenge

‘Right policy changes’ could ignite R150bn in electricity investment by private firms 

By: Terence Creamer     10th May 2021 Business Leadership South Africa, which is made up of some of South Africa's largest domestic and multinational companies, estimates that private firms would move to invest billions in new power generation capacity in the near term should the rules governing embedded or distributed plants be... 

 ‘Right policy changes’ could ignite R150bn in electricity investment by private firms

Raubex declares dividend, record order book

By: Schalk Burger     10th May 2021 Infrastructure development and construction materials group Raubex has declared a final cash dividend from income reserves of 29c a share for the financial year ended February 28. Its secured order book was at a record level following a recovery during the second-half of the financial year. 

Renergen detects gas odour at R2D2 well, drilling progressing

By: Simone Liedtke     10th May 2021 Drilling at natural gas and helium producer Renergen’s R2D2 well has progressed as anticipated, and drilling has been interpreted to be proximal to the target gas-bearing fracture system. The company reports that logging operations are under way in preparation for casing the well and applying for... 

GMA seeks transaction adviser for feasibility study

By: Marleny Arnoldi     10th May 2021 The Gautrain Management Agency (GMA) has published a request for proposals (RfP) for a transaction adviser to develop a detailed feasibility study for the procurement of the Gautrain Rapid Link system. The current concession agreement will expire in 2026. 

Redstone CSP reaches financial close, to start commercial operations in late 2023 

By: Schalk Burger     10th May 2021 Saudi energy generation and desalination company Acwa Power says construction has started on the 100 MW Redstone concentrated solar power (CSP) project after achieving financial close on the R11.6-billion project. Acwa, which is the lead shareholder in Redstone expects commercial operations to... 

Redstone CSP reaches financial close, to start commercial operations in late 2023

Windaba to return to Cape Town convention centre this year

By: Marleny Arnoldi     10th May 2021 The South African Wind Energy Association (SAWEA) has unveiled the theme for this year’s Windaba conference, ‘Renaissance of the Wind Energy Industry - Delivering Economic Benefits for South Africa’ . The two-day event, which returns to the Cape Town International Convention Centre following a... 

EPR amendments support recycling, not reuse, says advocacy organisation

By: Schalk Burger     10th May 2021 Environmental advocacy organisation Break Free From Plastic says the Extended Producer Responsibility (EPR) Amendments prioritise recycling schemes that have a poor record of dealing with plastic pollution instead of supporting systems to replace packaging including reuse and refill models.... 

Recovery in EU activity holds promise for South Africa’s M&A activity

By: Schalk Burger     10th May 2021 Mergers and acquisitions (M&A) activity in South Africa in the first quarter of this year was below the levels recorded prior to the pandemic, which demonstrates a continuation of investor nervousness from 2020, says law firm CMS South Africa M&A head of Africa Deepa Vallabh. Activity in South... 

Smart Borders concept a possibility through collaboration

By: Natasha Odendaal     10th May 2021 The resolution of border control challenges and the implementation of smart borders can be accomplished through cooperation, collaboration and trust-building between the public and private sectors. As technology evolves, so does the concept of borders; however, stakeholders need to ensure that... 

Smart Borders concept a possibility through collaboration

Kenyan, South African airlines sign interline agreement which links their networks

By: Rebecca Campbell     10th May 2021 Kenya Airways – that country’s national flag carrier – and South African private-sector regional airline Airlink have concluded an interline agreement. This will give passengers seamless access to the networks of both operators, when booking flights with either one of these airlines. “As global... 

DP World says Congo port concession terms amended

By: Reuters     10th May 2021 Dubai State-owned port operator DP World said on Sunday it had agreed with the Democratic Republic of Congo to amend its contract for a 30-year port concession. DP World said the two sides had signed a term sheet summarizing the amendments following a review of some of the clauses signed in March... 

Nasa’s ‘little helicopter that could’ makes another landmark flight on Mars

By: Rebecca Campbell     10th May 2021 The US National Aeronautics and Space Administration’s (Nasa’s) Mars drone helicopter, Ingenuity, made a successful fifth flight on Friday. This was another landmark sortie by the little aircraft, which lasted 108 seconds and which set a new altitude record of 10 m. But the key importance of this... 

Nasa’s ‘little helicopter that could’ makes another landmark flight on Mars
Photo by Nasa
Ingenuity (far left) photographed at its new landing site by the Perseverance rover

Lebone reaping benefits of technology, people investments

By: Tasneem Bulbulia     Updated 7 hours ago Print solutions company Lebone Litho Printers’ infrastructure and technological investments, as well as its skills development and small, medium-sized and microenterprise (SMME) focus, are engendering benefits for the company. This, combined with its diversification into digital, has enabled the... 

Release by AngloGold of vast exploration information attracting interest 

By: Martin Creamer     10th May 2021 The release by departing AngloGold Ashanti of its vast exploration information is attracting interest, AngloGold executive VP of group planning and technical Graham Ehm said on Monday. Contained online is an exploration database involving the historic Witwatersrand Gold Basin and other goldfields... 

Release by AngloGold of vast exploration information attracting interest
Photo by Creamer Media
AngloGold executive VP of group planning and technical Graham Ehm

Vaccine should be made available to all, not just to the highest bidders – Ramaphosa 

By: Thabi Madiba     10th May 2021 President Cyril Ramaphosa has said that if the international community is truly committed to human rights and the values of equality and non-discrimination, vaccines should be viewed as a global public good. Ramaphosa said in his weekly letter to the nation that vaccines should be made available... 

Vaccine should be made available to all, not just to the highest bidders – Ramaphosa
President Cyril Ramaphosa

Iron-ore turns ‘very, very hot’ as prices jump 10% in minutes

By: Bloomberg     10th May 2021 Iron-ore futures leaped higher as trading opened on Monday, extending a record run amid rampant Chinese demand and a wider surge in commodity prices as the global economy recovers. Futures in Singapore jumped more than 10% to hit a fresh record high of $226 a ton. The steelmaking raw material is... 

Iron-ore turns ‘very, very hot’ as prices jump 10% in minutes

AngloGold Q1 earnings rise to $203m despite lower production, higher costs

By: Martin Creamer     10th May 2021 Gold mining company AngloGold Ashanti reported first quarter headline earnings of $203-million, driven by the higher gold price. Q1 production of 2021 of 588 000 oz was down on the 630 000 oz for the same period last year and total cash cost of $999/oz was well up on the $773/oz from continuing... 

AngloGold Q1 earnings rise to $203m despite lower production, higher costs
Photo by Creamer Media
AngloGold Ashanti interim CEO Christine Ramon

Eskom places senior coal procurement manager on suspension

By: Creamer Media Reporter      7th May 2021 Power utility Eskom has placed a senior manager in its coal procurement division on preliminary suspension, citing alleged corruption. This follows a whistle-blower tip-off to Eskom. 

Nyanza Light Metals secures R28m facility from Afreximbank

By: Yvonne Silaule     7th May 2021 Pan-African multilateral trade finance institution the Africa Export-Import Bank (Afreximbank) has approved a R28-million project preparation facility for titanium dioxide pigment manufacturer Nyanza Light Metals, which is based in the Richards Bay Industrial Development Zone (RBIDZ). Afreximbank... 

Mergence gains majority ownership of Ejuva solar plants

By: Schalk Burger     7th May 2021 Asset manager Mergence has increased its shareholding of the two Ejuva renewable energy projects, in Gobabis, Namibia, from 17% to a majority stake of 66%. It acquired the 49% interest previously held by co-developer and initial part-financier energy engineering company CIGenCo. 

TPT developing Cargo Connect logistics app

By: Schalk Burger     7th May 2021 State-owned Transnet Port Terminals (TPT) is developing the Cargo Connect app, which will serve as a digital marketplace for logistics services in South Africa. The app will increase the logistics’ network visibility and benefit customers and the broader supply chain. Some of the app's features... 

Ingula Nature Reserve added to Ramsar Wetlands of International Importance list

By: Schalk Burger     7th May 2021 The Ingula Nature Reserve, created to conserve the unique wetland and high altitude grassland area that hosts State-owned power utility Eskom’s Ingula pumped storage scheme, has been included in the International Ramsar Convention on Wetlands of International Importance, which is an international... 

L2D continues deriving value from positive retail growth

By: Simone Liedtke     7th May 2021 Precinct-focused and retail-centered real estate investment trust Liberty Two Degrees (L2D) continues to successfully weather the impacts of the Covid-19 pandemic, building on the basis of strong property fundamentals, as it continues to derive value in the current economic conditions from its... 

New Memsa CEO to focus on advocacy, partnerships to grow local mining equipment manufacturing

By: Schalk Burger     7th May 2021 Industry organisation the Mining Equipment Manufacturers of South Africa (Memsa) has appointed Lehlohonolo Amos Molloyi CEO and programmes manager. He plans to maximise the industry body's impact through advocacy and partnership to support localisation, transformation, technology development and... 

Gold Fields going greener and cleaner across broad front 

By: Martin Creamer     7th May 2021 Gold mining company Gold Fields, which this week announced the board’s green light for a 40 MW solar photovoltaic plant at the South Deep mine, near Carletonville, intends taking short- medium- and long-term steps to lower emissions in underground mining in general and at South Deep in... 

Gold Fields going greener and cleaner across broad front
Photo by Creamer Media
Gold Fields' South Deep gold mine, near Carletonville

US support for Covid-19 vaccine waiver welcomed, but much more to be done  

By: Tasneem Bulbulia     7th May 2021 The US administration’s announcement this week of support to waive intellectual property (IP) protections for Covid-19 vaccines is a positive step to overcoming legal and other barriers to increasing Covid-19 healthcare access; however, much more needs to be done and pressure by civil society... 

US support for Covid-19 vaccine waiver welcomed, but much more to be done
Photo by Reuters
Covid-19 vaccines

Tetra Pak says EPR regulations will see greater industry collaboration

By: Marleny Arnoldi     7th May 2021 Packaging company Tetra Pak South Africa (SA) has welcomed the Section 18 regulations relating to extended producer responsibility (EPR) in the National Environmental Management: Waste Act. Existing producers can register with the Department of Forestry, Fisheries and the Environment, before... 

Tetra Pak says EPR regulations will see greater industry collaboration

Reforms needed to unlock private energy capacity  

7th May 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about increasing calls for reforms to the Electricity Regulation Act that will truly unlock new private capacity. 

Reforms needed to unlock private energy capacity

BMW SA hands over 150-bed overflow facility at Bronkhorstspruit hospital

By: Schalk Burger     7th May 2021 Automotive multinational BMW Group South Africa (BMW SA) has handed over a 150-bed overflow facility, at Bronkhorstspruit Hospital. The facility forms part of a long-term and sustainable R76-million investment in creating more than 800 beds in nine hospitals and four community health clinics,... 

Dassault reveals new generation ultra-long-range business jet with new Rolls-Royce engines

By: Rebecca Campbell     7th May 2021 Renowned French aerospace group Dassault Aviation on Thursday announced its latest aircraft design, the Falcon 10X business (or executive) jet. Dassault specialises in advanced fighter aircraft (its current production type is the Rafale multirole fighter) and business jets, but is also active in... 

Dassault reveals new generation ultra-long-range business jet with new Rolls-Royce engines
Photo by Dassault Aviation
An artist’s impression of the Falcon 10X

Local dry scrubber reduces acrylic factory emissions

By: Schalk Burger     7th May 2021 A dry scrubber system designed, manufactured and installed by local environmental management engineering company Ecor Cleaning at acrylic sheet producer Röhm Africa's plant in Elandsfontein, south-east of Johannesburg, has reduced the plant's emissions to well below its air emission licence... 

Local dry scrubber reduces acrylic factory emissions

Vehicle prices increasing sharply – TransUnion 

By: Irma Venter     7th May 2021 The latest TransUnion South Africa Vehicle Pricing Index (VPI) reveals some bad news for prospective car buyers: new-vehicle prices rose by almost three times the current inflation rate in the first quarter of the year and are expected to continue increasing in coming months.  At the same time,... 

Vehicle prices increasing sharply – TransUnion

Durban Port's return to form vital for South African recovery, says Ramaphosa

By: News24Wire      7th May 2021 President Cyril Ramaphosa told the National Assembly of Parliament that government's plans to guide South Africa on the path to economic recovery will not succeed unless the Port of Durban is restored to its former glory. Ramaphosa was replying orally to questions from Members of Parliament on... 

Aspen says it can produce generic Covid-19 vaccines in SA amid US support for patent waiver 

By: News24Wire      7th May 2021 On Thursday, the US shocked many by announcing that it would support a temporary patent waiver on Covid-19 vaccines. Currently, only pharmaceutical companies that own the patents for the vaccines are allowed to manufacture the jabs. But lifting the patent rights means that they will lose this... 

Magazine round up | 07 May 2021 

7th May 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

Magazine round up | 07 May 2021

Local e-waste skills NGO joins global recycling initiative

By: Schalk Burger     7th May 2021 Local recycling skills development nongovernmental organisation (NGO) The Appliance Bank (TAB) has partnered with global recycling initiative Sustainable Recycling Industries (SRI) in a project that aims to create economic opportunities while ensuring workable and safe solutions for the... 

PG Bison to add new MFB press, hot coating line at its Boksburg operation

By: Schalk Burger     7th May 2021 Wood-based panel products manufacturer PG Bison has received approval from parent company KAP Industrial Holdings for the purchase of a new melamine-faced board (MFB) press and an additional hot coating line. The MFB press and hot coating line will be located at its Boksburg site, in Gauteng, and... 

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