R/€ = 17.11 Change: 0.15
R/$ = 14.74 Change: 0.08
Au 1807.71 $/oz Change: 13.59
Pt 1062.84 $/oz Change: 0.34

Audio Articles

OneLogix continues to weather the Covid-19 storm – CEO   

By: Simone Liedtke     26th August 2021 Logistics group OneLogix, headed by Ian Lourens, on August 26 said signs of recovery from the damaging effects of the Covid-19 induced economic environment “only became evident well into the [financial] year under review”, ended May 31, while the different stages of lockdowns had varying impacts... 

Pic of OneLogix's Umlaas logistics hub.
OneLogix CEO Ian Lourens gives an executive summary of the group's results for the financial year ended May 31, 2021. Video: Creamer Media's Kutlwano Matlala. Editing: Creamer Media's Nicholas Boyd.

Mogajane warns of Budget cuts as expenditure pressures mount to some R105bn  

By: Terence Creamer     25th August 2021 National Treasury director-general Dondo Mogajane is warning that major Budget cuts will be required to offset a range of expenditure pressures that had arisen as a result of recent government decisions, including the 2021/22 wage settlement, which would increase the public sector compensation... 

National Treasury director-general Dondo Mogajane
National Treasury director-general Dondo Mogajane

Altron Fintech launches household financial resilience index 

By: Natasha Odendaal     25th August 2021 Altron Fintech has launched a new index to understand the impact of the current economic environment on the availability of credit. The inaugural Altron Fintech Household Financial Resilience Index (AFHRI), developed on behalf of Altron Fintech by Optimum Investment Group economic advisor Dr... 

Stats SA methodology overhaul finds GDP is larger at R5.5tr for 2020  

By: Marleny Arnoldi     25th August 2021 Statistics South Africa (Stats SA) on August 25 reported a revised estimate of gross domestic product (GDP) in 2020 of R5.52-trillion, which is an 11% increase on the previous estimate of R4.97-trillion, using 2015 as the base year, instead of 2010 that was used over the last decade. The... 

Stats SA economic statistics deputy director general Joe de Beer
Stats SA economic statistics deputy director general Joe de Beer

Gauteng launches R100m fund to help uninsured SMMEs affected by riots 

By: Terence Creamer     24th August 2021 The R100-million Gauteng Rebuilding Fund, which aims to support small firms that have been negatively impacted by both the Covid-19 pandemic and the recent unrest that ravaged many businesses in KwaZulu-Natal and Gauteng in July, was officially launched on Tuesday. The damage to the Gauteng... 

Photo of the Johannesburg skyline

DMRE outlines timetable for electricity procurement programmes  

By: Terence Creamer     24th August 2021 The Department of Mineral Resources and Energy (DMRE) has provided an updated timetable for the implementation of its long-term electricity procurement programmes, which are being pursued in line with a Section 34 Ministerial determination, published in September 2020, and catering for the... 

Photo of workers installing solar panels at a project in South Africa
Photo by Creamer Media
Workers installing solar panels at a project in South Africa

Eleksa to launch R200 000 CityBug electric car in South Africa  

By: Irma Venter     24th August 2021 Pretoria-based electric mobility importer Eleksa will introduce the CityBug to the South African market in September. The vehicle, described as an urban electric vehicle (EV), is a two-door four-seater, and will be priced at around R200 000. Anton Jordaan from Eleksa says charging the vehicle... 

Image of the CityBug electric vehicle
The CityBug

City of Cape Town plans, implements Covid-19 recovery programmes 

By: Donna Slater     23rd August 2021 Through strong partnerships within the City of Cape Town (CoCT), its strategic business partners (SBPs) and the business ecosystem in the city, the municipality has come up with a range of plans and programmes, through its Economic Action Plan, to address issues brought about by the Covid-19... 

New transport initiative aims to empower almost a thousand women  

By: Irma Venter     23rd August 2021 A new initiative championed by the Commercial Transport Academy (CTA) will aim to empower almost a thousand women in the transport sector. The Women Inspiring Women to Lead in Transport initiative comprises three structured programmes: CTA Excellence; Run With It; and Iron Women.  

Image of CTA CEO Nicci Scott
CTA CEO Nicci Scott

South Africa aims to bring pilot carbon capture project online in 2023 

By: Reuters     23rd August 2021 South Africa has started geological mapping at the country's first carbon capture and storage (CCS) site, where it plans to inject vast quantities of carbon dioxide (CO2) deep underground from 2023, a senior Council for Geoscience official said. The project will be based around the town of... 

Ability to sell electricity to multiple customers made explicit in updated 100-MW reform amendment  

By: Terence Creamer     20th August 2021 Mineral Resources and Energy Minister Gwede Mantashe has gazetted an updated version of the amendment to Schedule 2 of the Electricity Regulation Act that he first gazetted on August 12. The update, which is dated August 19, makes it clear that electricity sales from sub-100 MW projects, which... 

Photo of Mineral Resources and Energy Minister Gwede Mantashe
Photo by Creamer Media Chief Photographer Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe

Economic recovery support interventions aim to mitigate unrest impact for businesses  

By: Tasneem Bulbulia     20th August 2021 The R3.75-billion economic recovery support package announced by Trade, Industry and Competition Minister Ebrahim Patel, represents a united front from entities for the restoration of businesses that were adversely affected during the violent looting and unrests that took place in KwaZulu-Natal... 

An image of police officers walking past property damaged in the July 2021 unrest in South Africa

DMRE confirms 102 solar and wind bids as renewables procurement resumes  

By: Terence Creamer     20th August 2021 The Independent Power Producer Office (IPPO) has released the project names and technologies bid in response to Bid Window 5 (BW5) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the bid deadline for which was August 16. The list released shows that 63 solar... 

A photo of a utility scale solar farm

Metair sees potential in aftermarket, auxiliary batteries as EV revolution looms  

By: Irma Venter     20th August 2021 The demand for battery electric vehicles (BEVs) is driven largely by government incentives in regions such as the European Union (EU), which aims to become a zero-carbon economy, as well as increased consumer demand for greener products and a change in technology, says Metair CEO Riaz Haffejee.... 

Image of an assembly line worker at BMW SA

Private sector participation at SA ports  

20th August 2021   Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Transnet's plans to potentially introduce private sector participation at the ports of Durban and Ngqura and whether this may eventually extend to other ports and Transnet units. 

Image of Terence Creamer
Private sector participation at SA ports

Metair to revisit plan to split in two as it returns to profit 

By: Irma Venter     19th August 2021 Metair will revisit its plan to potentially split into two following the recovery of its business in the six months to end June. Metair manufactures, assembles, distributes and retails energy storage products and automotive components in Africa, Europe, Turkey, the Middle East and Russia. 

An image of Metair CEO Riaz Haffejee
Riaz Haffejee

Gauteng ‘day-zero drought’ is South Africa’s biggest near-term climate risk, IPCC scientist warns 

By: Terence Creamer     19th August 2021 A leading South African climate scientist believes a ‘Gauteng day-zero drought’ represents the biggest near-term climate change risk faced by the country, which is poised to become hotter and drier as average global temperatures rise. Francois Engelbrecht, who is a distinguished professor of... 

An image of a drought stricken landscape

LHWP Phase 2 construction reaches milestone with diversion tunnel breakthrough 

By: Marleny Arnoldi     18th August 2021 The Lesotho Highlands Development Authority (LHDA) has reached a milestone in the construction of Phase 2 of the Lesotho Highlands Water Project (LHWP) with the breakthrough of two diversion tunnels on August 16. This marked the completion of the 1 870 m of tunnel excavation that the authority... 

Lesotho Highlands Water Project diversion tunnel
Lesotho Highlands Water Project diversion tunnel

Derby optimistic port terminal operators will partner with Transnet at Durban and Ngqura  

By: Terence Creamer     18th August 2021 Transnet CEO Portia Derby says the State-owned freight logistics utility has had initial engagements with some international terminal operators and shipping companies regarding the potential to form partnerships to improve the performance of its container terminals at the ports of Durban and... 

Photo of Transnet CEO Portia Derby
Transnet CEO Portia Derby outlines the group's masterplan for the Port of Durban during a Toyota Wessels Institute for Manufacturing Studies webinar. Editing: Nicholas Boyd. Recorded: 18.8.2021

De Ruyter outlines green reindustrialisation vision for South Africa 

By: Terence Creamer     18th August 2021 Eskom CEO Andre de Ruyter has outlined the case for leveraging South Africa’s transition to green energy to reverse the country’s “vicious cycle of deindustrialisation and unemployment” and to trigger a “virtuous cycle of local demand for local goods to create investment and jobs”. Delivering the... 

Eskom CEO Andre de Ruyter
Photo by Creamer Media's Donna Slater
Eskom CEO Andre de Ruyter

Nersa signals intent to treat sub-100 MW registration as ‘administrative’ process 

By: Terence Creamer     17th August 2021 The National Energy Regulator of South Africa (Nersa) is still analysing the implications that a recent amendment to Schedule 2 of the Electricity Regulation Act, exempting grid-tied generation facilities below 100 MW from licensing, will have on its processes, rules and guidelines. However,... 

Photo showing rooftop solar

JP Morgan launches R340m DTIC-approved equity equivalent investment programme 

By: Simone Liedtke     17th August 2021 Financial services multinational JP Morgan has launched the very first Department of Trade, Industry and Commerce- (DTIC-) approved equity equivalent investment programme (EEIP), which forms part of government’s broad-based black economic empowerment framework. The EEIP, funded by a R340-million... 

An image of Trade, Industry and Competition Minister Ebrahim Patel
Photo by Creamer Media's Donna Slater
Trade, Industry and Competition Minister Ebrahim Patel

Stellantis to invest €30-billion-plus in electrification, software development 

By: Irma Venter     17th August 2021 Stellantis, the manufacturer and owner of the Jeep, Peugeot, Opel, Alfa, Fiat and Citroën brands, says its low-emission vehicle (LEV) mix for passenger cars in Europe is targeted to grow to more than 70% through to 2030. In the US, its LEV mix for passenger cars and light-duty trucks is expected... 

Image of the Stellantis logo

Transnet tests appetite of private port operators to partner with it at underperforming Durban and Ngqura container terminals 

By: Terence Creamer     16th August 2021 State-owned freight logistics utility Transnet has initiated a process through which it aims to test whether international port terminal operators have the appetite to partner with it to improve the functioning of two underperforming container terminals at the ports of Durban and Ngqura... 

A Photo of a container ship at the Port of Ngqura
Photo by Creamer Media
A container ship at the Port of Ngqura

FCA SA, PCSA merge into Stellantis SA; no impact on employment numbers 

By: Irma Venter     16th August 2021 Fiat Chrysler Automobiles South Africa (FCA SA) and Peugeot Citroën South Africa (PCSA) have officially merged in the domestic market, reflecting the marriage between its parent companies into a new company called Stellantis. “Stellantis is now an official entity in the South African landscape,... 

An image of Stellantis SA MD Leslie Ramsoomar
Leslie Ramsoomar

Sasol’s new 2030 and 2050 decarbonisation targets to be ‘substantially higher’ 

By: Terence Creamer     16th August 2021 South Africa’s carbon-heavy fuels and chemicals group Sasol is poised to announce a “substantially higher” target for the reduction of its greenhouse-gas emissions following an intensive period of financial and organisational restructuring during its 2021 financial year. The JSE-listed group took... 

Photo of Sasol CEO Fleetwood Grobler
Photo by Creamer Media's Donna Slater
Sasol CEO Fleetwood Grobler

Li-ion batteries to dominate energy storage market for the foreseeable future  

By: Marleny Arnoldi     13th August 2021 An acceleration in the use of Fourth Industrial Revolution technologies and climate change mitigation efforts, growing population numbers and higher electricity demand per capita are all major drivers of electricity market growth and, resultantly, energy storage. To this end, University of the... 

Lithium-ion batteries
Photo by Reuters
Lithium-ion batteries

Eskom's Just Energy Transition initiatives  

13th August 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about power utility Eskom's plans for the repowering and repurposing of the Komati power station as part of a larger just energy transition project and financing plan. 

 	Image of Terence Creamer
Eskom's Just Energy Transition initiatives

Unrest, Transnet cyberattack cost BMW SA R200m in lost sales 

By: Irma Venter     13th August 2021 The recent unrest in KwaZulu-Natal and parts of Gauteng, as well as the subsequent cyberattack on Transnet that caused major disruptions to South Africa’s port operations, cost BMW Group South Africa (BMW SA) an estimated R200-million in lost vehicle sales, says corporate communications and... 

BMW X3s ready to be exported from Rosslyn plant

Mantashe publishes long-awaited amendments to the Electricity Regulation Act 

By: Donna Slater     12th August 2021 Mineral Resources and Energy Minister Gwede Mantashe, in an August 12 Government Gazette, published the eagerly awaited amendments to Schedule 2 of the Electricity Regulation Act to enable distributed generation plants of up to 100 MW to proceed without first obtaining a generation licence. To... 

An image of Mineral Resources and Energy Minister Gwede Mantashe
Mineral Resources and Energy Minister Gwede Mantashe

Hard-to-fill vacancies prevalent in the automotive component supply base 

By: Simone Liedtke     12th August 2021 Hard-to-fill (HTF) vacancies are prevalent in the automotive component supply base in South Africa, a survey has found. High Gear’s second Quarterly Skills Survey, which is administered by National Association of Automotive Component and Allied Manufacturers (NAACAM), shows that 90% of... 

Merc aims to go all electric ‘where markets allow’; first EV to launch in SA in 2022 

By: Irma Venter     12th August 2021 Mercedes-Benz it is getting ready to go “all electric” by the end of the decade, “where market conditions allow”. By 2022, the German car maker says it will have battery electric vehicles (BEV) in all segments of the market the company serves.  

Image of the Mercedes-Benz EQS
The Mercedes-Benz EQS

South Africa needs to commit to transitioning to net-zero by 2050 – report 

By: Simone Liedtke     11th August 2021 As a country with one of the most emissions-intensive power sectors in the world, and as a nation that is particularly vulnerable to the impacts of climate change, South Africa needs to commit to find ways to transition to a net-zero emission economy by 2050, National Business Initiative (NBI)... 

South Africa needs to commit to transitioning to net-zero by 2050 – report

Denel releases radical restructuring plan to make the business sustainable  

By: Rebecca Campbell     11th August 2021 Financially-beleaguered State-owned defence industrial group Denel announced on Wednesday a radical reorganisation, in an attempt to turn the business around. The plan also implied a significant downsizing of the group. Even so, Denel management only expected the group to return to profitability... 

An image of Denel's logo

Commuter mobility platform Zeelo raises R175m for expansion project  

By: Irma Venter     11th August 2021 Zeelo, a smart commuter mobility platform for organisations in South Africa and Europe, has raised R175-million to accelerate its expansion in Africa, the UK, the US and Europe. The funding will also aid investment in Zeelo’s software-as-a-service (SaaS) technology offering, and its continued... 

Image of a Zeelo bus

Used-car market continues to surge, prices set to rise even further ­– AutoTrader 

By: Irma Venter     10th August 2021 Digital motoring marketplace AutoTrader saw a 36% increase in searches for used-vehicles in the second quarter of this year compared with the same period last year. However, normalising for lockdown in the second quarter of last year, vehicle-search growth would have been 26%, says AutoTrader CEO... 

A photo of AutoTrader CEO George Mienie
George Mienie

Absa completes R5.2bn debt refinancing for three Globeleq power plants 

By: Schalk Burger     10th August 2021 Independent power producer Globeleq and financial services firm Absa have completed the senior debt refinancing of three of Globeleq's renewable energy power plants in South Africa, the companies said on August 10. The purpose of the refinancing is to enhance the projects’ capital structures,... 

BLSA reiterates support for govt, new Finance Minister 

By: Simone Liedtke     10th August 2021 Business Leadership South Africa (BLSA) CEO Busi Mavuso has reiterated the organisation’s commitment to supporting government to support policy development that can drive the country’s economic recovery. This follows on the heels of the appointment of South Africa’s new Finance Minister, Enoch... 

Pic/Image BLSA CEO Busi Mavuso
BLSA CEO Busi Mavuso
1 2 3
5 6 7 8 9

Latest News


Real Economy Report


Second Take




Topics In These Articles

RSS Feed


Engineering News is a product of Creamer Media.

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close