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Schalk Burger is Creamer Media Senior Deputy Editor for Engineering News and Mining Weekly.
Draft public transport policy to provide guidance for existing, new subsidies
The draft National Public Transport Subsidy Policy, which has been gazetted, is aimed at introducing outcomes-based planning for integrated public transport. There are currently no guidelines for...
Saice pays tribute to former president Louis de Waal
Industry organisation the South African Institution of Civil Engineering (Saice) has announced that former president Louis de Waal passed away on March 10. “Louis was a distinguished figure within...
Rain-fed agriculture emissions research shows climate-smart interventions can help
Preliminary findings of a two-year study from the University of the Free State (UFS) Kenilworth Experimental Farm indicate that climate-smart agriculture interventions, such as legume rotation and...
Draft public transport subsidy policy recommends increasing funding to 5% of GDP
The Draft National Public Transport Subsidy Policy recommends that funding for public transport be increased from the current 0.8% of gross domestic product (GDP) to 5% of GDP. Compared with...
Taxi Relief Fund extended to enable remaining claimants to secure payment
The Department of Transport (DoT) has obtained Cabinet approval to extend the Taxi Relief Fund (TRF) to November 30. The request to extend the TRF was made to afford as many taxi operators as...
TNPA orders seven tugboats to enhance seaport operations
State-owned Transnet National Ports Authority (TNPA) has, as part of its marine fleet renewal programme, ordered seven tugboats in a R1-billion investment aimed at enhancing marine operations at...
RMB Ventures, Bopa Moruo acquire majority stake in Icon Oncology
Private equity investment firms RMB Ventures and Bopa Moruo have acquired a majority stake in cancer treatment provider Icon Oncology for an undisclosed sum. Icon has a national footprint of 26...
Trina Solar, SOLA and WBHO collaborate on 135 MW solar plant for ARM
Shanghai-listed solar photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr...
Manufacturing confidence decreases to 21 in the first quarter
Loadshedding, challenges at the ports and political uncertainty saw manufacturer confidence in the first quarter of the year dip five points to 21, Absa's latest Manufacturing Survey shows. The 21...
Unctad develops digital solution to promote new critical mineral discoveries
To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on...
Access Bank South Africa appoints Sandile Shabalala CEO
Financial services firm Access Bank South Africa has appointed Sandile Shabalala CEO to lead the bank into its next phase of growth and innovation. Shabalala has more than three decades of...
Rectron partners with drone startup NTSU to grow skills, capacity
Information and communications technology equipment distributor Rectron has partnered with remotely piloted or unmanned aircraft systems (UAS) service provider NTSU Aviation Solutions to enable it...
ECDC, MBDA announce R10m support for the film industry in the Eastern Cape
The Eastern Cape Development Corporation (ECDC) and the Mandela Bay Development Agency (MBDA) have signed a R10-million agreement to support the local film industry and provide local infrastructure...
SDCEA, groundWork approach court to review Richard's Bay gas-to-power plant
Environmental justice groups groundWork and the South Durban Community Environmental Alliance (SDCEA), represented by the Centre for Environmental Rights (CER), have filed a review application to...
Nedbank provides Thesele Group with growth, cash flow financing
Financial services firm Nedbank Corporate and Investment Banking (CIB) has provided diversified industrial investment company Thesele Group with a financing solution that boosts Thesele's growth...
FNB/BER building confidence index ‘nosedives’ to 27 in the first quarter
The FNB/BER Building Confidence Index dropped by 16 points to 27 in the first quarter of this year, from 43 in the fourth quarter of 2023, and four of the six sectors surveyed recorded a decline in...
Metair’s shares rise on expectation of higher earnings
The share price of JSE-listed energy storage and automotive components company Metair rose by more than 26% on March 11, after the company announced that it expected to report earnings a share of...
GDP figures cap decade of negative GDP per capita growth – BLSA
While the gross domestic product (GDP) growth for the fourth quarter of 2023 was 0.1%, growth was negative in terms of GDP per capita, given that population growth is outpacing it. "We have been...
Mpact grows revenue, operating profit, expects benefits from investments in 2024
JSE-listed paper and plastics packaging business and recycler Mpact recorded a 3.6% year-on-year increase in revenue to R12.8-billion for the financial year ended December 31, 2023. Its underlying...
100 MW of OCGT power to be available in Gauteng by April to mitigate loadshedding – Lesufi
Johannesburg power utility City Power would, on behalf of the Gauteng government, add 100 MW of electricity capacity to the grid to assist the Gauteng province in its goal to reduce the impact of...
Teraco moves to grow and green SA data-centre footprint
Digital transformation is happening in every industry and digitalisation of the economy is intensifying the need for highly available, and sustainable, information and communication technology...
Teraco moves to grow and green SA data-centre footprint
Digital transformation is happening in every industry and digitalisation of the economy is intensifying the need for highly available, and sustainable, information and communication technology...
eWasa reaches 31% polystyrene recycling target
During the 2022/23 reporting period, a 31% recycling rate for polystyrene was achieved, registered producer responsibility organisation the Extended producer responsibility (EPR) Waste Association...
Purpose-driven organisations will attract, retain talent – PwC
Employers need to strive to provide purpose at the heart of their operations, as employees scrutinise how well their organisation is looking after the workforce and doing the right thing by society...
Astral Foods disposes of Quantum Foods stake
JSE-listed integrated poultry producer Astral Foods has disposed of its 9.8% interest in Quantum Foods for R141.7-million. “At the time Astral acquired the 9.8% equity stake in Quantum Foods in...
Business Confidence Index indicates conditions deteriorated further in the first quarter
The Rand Merchant Bank/Bureau for Economic Research (RMB/BER) Business Confidence Index (BCI) ticked down by one point to reach 30 in the first quarter, indicating that business conditions...
Cape Town receiving GIZ support for embedded generation, utility sustainability plans
The City of Cape Town is receiving support from German development agency the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) through an embedded generation adviser and seconded...
TotalEnergies acquires an interest in Orange Basin offshore exploration licence
Energy company TotalEnergies has acquired, with its partner State-owned QatarEnergy, participating interests in Block 3B/4B offshore of South Africa from Africa Oil South Africa, Azinam and...
CAC decision on Sasol pricing opens way for Competition Commission to pursue prosecution
The Competition Appeal Court's (CAC's) decision to dismiss chemicals and energy company Sasol's application to review the Competition Commission’s investigation into alleged excessive pricing of...
SADC Tourism Alliance disaster risk management workshop to help businesses recover faster
Regional tourism organisation the Southern African Development Community (SADC) Business Council Tourism Alliance has completed a two-day train-the-trainer workshop on tourism disaster risk...
ACSA to invest nearly R22bn in airport infrastructure over the next five years
Transport Minister Sindisiwe Chikunga has reported that State-owned Airports Company South Africa (ACSA) will invest R21.7-billion on airport infrastructure developments focused on refurbishments,...
Bidvest grows trading profit, declares dividend, pursuing further acquisitions
JSE-listed diversified services, trading and distribution company Bidvest recorded an 8.8% year-on-year increase in revenue to R62.2-billion andan 11.8% increase in trading profit to R6.5-billion...
Energy-related emissions increased in 2023, but grew by less than 2022, IEA reports
Global energy-related carbon dioxide (CO2) emissions rose less strongly in 2023 than the year before, even as total energy demand growth accelerated, with continued expansion of solar photovoltaic...
Yellow Door Energy to start construction on 48 MW Leeudoringstad solar plant soon
Independent power producer Yellow Door Energy has completed the development phase for a 48 MW solar photovoltaic (PV) plant in Leeudoringstad, in North West. Construction will begin in the second...
Absa PMI rises to 51.7 in February, but business activity remains subdued
Financial services firm Absa's Purchasing Managers Index (PMI) increased to 51.7 points in February, from 43.6 in January, but business activity remains subdued. Of the five subcomponents of the...
Eskom board tasks Marokane with three priorities in his first 100 days as CEO
State-owned power utility Eskom's board of directors has tasked incoming CEO Dan Marokane to prioritise three key areas – assessing the generation operational recovery plan, reviewing Eskom’s...
Energy firm to install PV plant at Kimberly-Clark’s C Town facility
Personal care and hygiene products manufacturer Kimberly-Clark has signed a long-term power purchase agreement (PPA) with energy company Energy Partners (EP), which will install a 2.2 MW rooftop...
M&R to report narrowed losses, improved capital structure
JSE-listed engineering and contracting services company Murray & Roberts (M&R) on February 29 said it has made meaningful progress towards implementing a sustainable capital structure. In a trading...
M&A activity in Africa may improve this year but challenges remain
Merger and acquisition (M&A) activity in Africa experienced a sharp decline in 2023 compared with 2022, but there are signs of improvement for this year. Key factors that contributed to the...
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