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Marleny Arnoldi

Marleny Arnoldi

Marleny Arnoldi is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

AMSA to report interim profit

23rd July 2021 Primary steel producer ArcelorMittal South Africa (AMSA) expects to report headline earnings a share of R1.76 for the six months ended June 30. This marks an improvement of at least 186% on the headline loss a share of R2.39 posted in the prior comparable six months.  

Micro-Grid Academy Young Talent awards recognise eight finalists for innovation

23rd July 2021 The Micro-Grid Academy Young Talent of the Year 2021 Awards have named eight finalists from across Africa in recognition of their sustainable energy innovations. This yearly competition is backed by RES4Africa Foundation, Enel Green Power and the European Investment Bank (EIB). It encourages... 

South Africa on track to vaccinate 420 000 people a day by mid-September

23rd July 2021 Business for South Africa (B4SA) says the 230 000 daily vaccination rate is testament to what business and government can achieve if they work together. B4SA steering committee chairperson Martin Kingston on July 23 presented an update of the private sector’s contribution to the vaccination... 

AfDB finances cross-country power initiative, youth development in Ethiopia

23rd July 2021 The African Development Bank (AfDB) has signed two grant agreements for new projects with the Ethiopian government, which aims to boost youth employment and electricity trade between Ethiopia and Djibouti. The grants are grouped under the bank’s concessional lending window and will comprise... 

Seifsa reaches agreement with CEO to ‘mutually separate’

23rd July 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has announced that its CEO Kaizer Nyatsumba has left the organisation to focus on his consulting company KMN Consulting. Seifsa had placed him on precautionary suspension early in May, pending an investigation of sorts,... 

Wheeling framework remains an inhibitor to IPPs, says association

23rd July 2021 The current South African power industry structure is supportive of wheeling, in theory, but issues persist that limit the development of more third-party network access and the development of a competitive, open-access electricity market, the South African Independent Power Producers Association... 

Caledonia to list on Zim’s new stock exchange

23rd July 2021 NYSE-listed Caledonia Mining Corporation is pursuing a listing on the newly established Victoria Falls Stock Exchange (VFSE), in Zimbabwe. Such a listing is conditional on market conditions and the implementation of positive proposals made by Zimbabwean authorities in respect of improved... 

Chrome miners, ferrochrome smelters at odds over proposed ore export tax

23rd July 2021 Mining representative group ChromeSA and ferrochrome lobby group SaveSA Smelters remain at odds about the proposed implementation of a chrome ore export tax. ChromeSA in a statement on July 7 maintained that “destroying another industry” – referring to chrome ore producers – is not a solution... 

RBPlat expects up to 450% increase in interim earnings

22nd July 2021 JSE-listed Royal Bafokeng Platinum (RBPlat) expects to report basic earnings per share (EPS) of between R18 and R18.60 for the six months ended June 30. That represents a 433% to 450% year-on-year improvement on the basic EPS of R3.38 reported in the prior year’s interim period.  

Vinpro awaits verdict on interim interdict application

22nd July 2021 After hearing industry body Vinpro’s case for the Western Cape to deviate from the national liquor ban, the High Court has reserved judgment on the matter. Vinpro’s urgent interim interdict application to enable off-and on-site consumption and sale of liquor in the province was heard by Judge... 

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