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Covid-19

Settlement of Covid-19-related insurance claims remains problematic, says ICA

By: Donna Slater     6th July 2021 Insurance Claims Africa (ICA) CEO Ryan Woolley says it is clear from new research released on July 6, that the short-term insurance industry (STI) earned record profits during the pandemic. He states that the STI therefore has “no reason” to further delay the settlement of all outstanding... 

Gold heading towards ‘refuge of choice’ status, says incoming AngloGold CEO  

By: Martin Creamer     6th July 2021 Gold is poised to be a "refuge of choice" in the years ahead owing to the extent to which money is being printed and world debt is rising, AngloGold Ashanti CEO-designate Alberto Calderon said on Tuesday. Speaking to Mining Weekly in a Microsoft Teams interview ahead of taking office on September... 

Newly appointed AngloGold CEO
AngloGold Ashanti CEO-designate Alberto Calderon interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Salba requests excise duties deferment to offset liquor prohibition implications

By: Donna Slater     6th July 2021 The South African Liquor Brandowners Association (Salba) states that the current 14-day ban of alcohol sales declared by government on June 27 has left it with “no choice” but to request that the South African Revenue Service (Sars) provide extended payment terms on the excise duties currently... 

Alberto Calderon is new AngloGold CEO

By: Martin Creamer     6th July 2021 The board of AngloGold Ashanti on Tuesday announced the appointment of Alberto Calderon as the new CEO of the gold-mining company, effective September 1. Mining Weekly can report that Calderon has more than two decades of executive leadership experience in the global mining sector. 

Alberto Calderon
Alberto Calderon

Yamkela Makupula clinches exciting Rockwell-linked alluvial diamond deal  

By: Martin Creamer     5th July 2021 Alluvial diamond mining investor Yamkela Makupula has clinched an alluvial diamond mining transaction which makes her a 30% shareholder in three diamond assets that have a link with the former Rockwell Diamonds. Makupula, who leads the Africa growth strategy of international law firm Diaz, Reus,... 

Picture of Yamkela Makupula, investor in alluvial diamonds.
Yamkela Makupula interviewed by Mining Weekly’s Martin Creamer on alluvial diamond transaction. Video: Darlene Creamer.

Govt still remiss in its consultation with private sector on Covid-19 lockdowns, says BLSA

By: Donna Slater     5th July 2021 Despite the improvements in government’s approach to tackling the Covid-19 pandemic and associated lockdown regulations, Business Leadership South Africa CEO Busi Mavuso says government has still not embraced consultation with the private sector. She points out this has been a case in point with... 

Mining vital to economy, can help guide country's path – President 

By: Martin Creamer     5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... 

President Cyril Ramaphosa
President Cyril Ramaphosa

J&J Covid shot neutralises Delta variant, company says

By: Bloomberg     2nd July 2021 Johnson & Johnson said that its single-shot coronavirus vaccine neutralises the fast-spreading delta variant and provides durable protection against infection more broadly. The company said in a statement that recipients of its vaccine produced strong neutralising antibodies over the course of at... 

Decision on Sinovac vaccine to be announced soon – SAHPRA 

By: Thabi Madiba     1st July 2021 The South African Health Products Regulatory Authority CEO Dr Boitumelo Semete-Makokotlela announced that a decision on the Sinovac vaccine will be communicated in the coming days. Last month, SAHPRA revealed that applications had been received for the Sputnik V and Sinovac’s Coronavac vaccines... 

SAHPRA CEO Dr Boitumelo Semete-Makokotlela
SAHPRA CEO Dr Boitumelo Semete-Makokotlela

International institutions aid vaccine-making in Africa through R10bn financing

By: Marleny Arnoldi     1st July 2021 Several international development finance institutions have partnered on a financing package for pharmaceuticals company Aspen Pharmacare to support vaccine production and other treatment therapies on the African continent. The €600-million, about R10-billion, long-term financing package is... 

Aspen's manufacturing site in Gqeberha
Aspen's manufacturing site in Gqeberha

Glencore paid governments $5.8bn, working hard to develop local skills

By: Martin Creamer     30th June 2021 As one of the world’s largest natural resource companies, with operations across five continents, Glencore is committed to delivering long-lasting socioeconomic benefits, CFO Steven Kalmin on Wednesday. Speaking on video with the release of Glencore's 2020 Payment to Governments Report, Kalmin... 

Glencore CFO Steven Kalmin
Photo by Creamer Media
Glencore CFO Steven Kalmin

Support income for sectors closed by govt under discussion – Thulas Nxesi 

By: Thabi Madiba     29th June 2021 Employment and Labour Minister Thulas Nxesi announced on Tuesday that the department’s social partners will be engaging at the National Economic Development and Labour Council this week to thrash out a plan for income support for sectors closed by the government – in particular the alcohol... 

Employment and Labour Minister Thulas Nxesi
Photo by Creamer Media
Employment and Labour Minister Thulas Nxesi

Salba requests data that drove latest alcohol sales ban

By: Donna Slater     29th June 2021 The South African Liquor Brandowners Association (Salba) has written to Ministerial Advisory Council (MAC) chairperson Professor Koleka Mlisana, calling for the release of the information that informed the MAC’s recommendation to the National Coronavirus Command Council (NCCC) to reimpose a ban... 

New restrictions putting many jobs at risk, commentators warn

By: Donna Slater     28th June 2021 Following President Cyril Ramaphosa’s announcement of the move to adjusted Alert Level 4 Covid-19 restrictions and the accompanying ban on alcohol sales, the South African Liquor Brandowners Association (Salba) is requesting government to reassess its measures and to focus on its vaccine rollout... 

Covid-19 Loan Guarantee Scheme to close applications as of June 28

By: Simone Liedtke     28th June 2021 The Covid-19 Loan Guarantee Scheme will not be accepting new applications after June 28, though it will remain in operation until July 11 to allow for in-process applications to be finalised. As at June 19, more than R18.3-billion in loans had been approved by banks and taken up by small... 

Govt renews alcohol ban, announces school closures

By: Chanel de Bruyn     27th June 2021 Amid a massive resurgence in Covid-19 infections, President Cyril Ramaphosa has announced a renewed ban on the sale of alcohol as the the country moves to an adjusted Alert Level 4 lockdown. In an address to the nation, he said the rapid spread of the Delta variant, which has now been detected in... 

President Cyril Ramaphosa
President Cyril Ramaphosa

B4SA lauds vaccination progress  

By: Marleny Arnoldi     25th June 2021 Business for South Africa (B4SA) has welcomed the opening of the Electronic Vaccination Data Systems (EVDS) for people over 50 to register from July 1 and be vaccinated from July 15. B4SA steering committee chairperson Martin Kingston says the organisation is also pleased that the Department of... 

Vaccine registration for people 50 and over opens July 1   

By: Sane Dhlamini     25th June 2021 Acting Health Minister Mmamoloko Kubayi-Ngubane announced on Friday that South Africans aged between 50 and 59 years can register for the Covid-19 vaccine from July 1, with vaccinations for this age group scheduled to begin July 15. South Africa is battling a third wave of the pandemic, with... 

Acting Health Minister Mmamoloko Kubayi-Ngubane
Acting Health Minister Mmamoloko Kubayi-Ngubane announces that vaccine registration for people aged 50 and over opens July 1 (Camera: Kutlwano Matlala, Editing: Nicholas Boyd)

Advisory committee recommends a hybrid of Level 3 and 4 for Gauteng

By: News24Wire      24th June 2021 The Gauteng premier's advisory committee on Covid-19 recommends the province be placed under a hybrid of Level 3 and 4 lockdown. Gauteng is currently the epicentre of the Covid-19 pandemic, having recorded 10 806 new cases on Wednesday. 

Police presence to increase in Gauteng, Charlotte Maxeke to open as province battles third wave 

By: Sashnee Moodley     24th June 2021 Gauteng Premier David Makhura begged the province’s residents on Thursday not to go out if there is no reason to, as he revealed that one out of every three people in Gauteng is likely to be carrying the Covid-19 virus. The province is in the midst of a third wave of Covid-19 infections and its... 

Gauteng Premier David Makhura
Gauteng Premier David Makhura

Manuel concerned reforms being hamstrung by a ‘confederation of tsarisms’ in Cabinet  

By: Terence Creamer     24th June 2021 Former Finance Minister Trevor Manuel has expressed concern that progress on economic reforms and the effectiveness of Operation Vulindlela are being hamstrung by a Cabinet that appears to be a "confederation of tsarisms" rather than a collective unit. Speaking during a Centre for Development and... 

Former Finance Minister Trevor Manuel listening to questions posed by the Centre for Development and Enterprise's Ann Bernstein during a webinar this week
Former Finance Minister Trevor Manuel listening to questions posed by the Centre for Development and Enterprise's Ann Bernstein during a webinar this week

Pandemic has presented ‘economic reset’ opportunities

By: Sane Dhlamini     23rd June 2021 Deputy Minister of Employment and Labour Boitumelo Moloi said on Wednesday that while the Covid-19 pandemic has been catastrophic, it has, in many ways, presented a lot of economic reset opportunities in the process. She was addressing delegates at the launch of Switzerland's Institute of... 

Pandemic has presented ‘economic reset’ opportunities

Macsteel settles safeguard-duty case with DTIC and secures two-year reprieve 

By: Terence Creamer     23rd June 2021 Department of Trade, Industry and Competition (DTIC) and Macsteel have reached a legal settlement in a case brought by the steel merchant after government extended the implementation of safeguard duties on hot-rolled coil (HRC) imports in August last year. The case was settled in the High Court,... 

Macsteel settles safeguard-duty case with DTIC and secures two-year reprieve

New global costs report confirms new renewables are undercutting existing coal 

By: Terence Creamer     22nd June 2021 The cost of electricity from new solar and wind plants is increasingly undercutting the operating costs alone of existing coal‑fired power plants and strengthening the case for their early retirement, a newly released International Renewable Energy Agency (Irena) report confirms. Published on... 

New global costs report confirms new renewables are undercutting existing coal

South Africa to host vaccine technology transfer hub

By: Yvonne Silaule     22nd June 2021 South Africa has welcomed the opportunity to host a vaccine technology transfer hub and to build on the capacity and expertise that already exists on the continent as Africa struggles to obtain Covid-19 vaccine doses. President Cyril Ramaphosa welcomed the establishment of the first messenger RNA... 

President Cyril Ramaphosa
President Cyril Ramaphosa

PPC mulls several low-carbon opportunities as it shows signs of business stabilisation 

By: Terence Creamer     21st June 2021 Cementitious products manufacturer PPC is considering several initiatives aimed at lowering the carbon footprint of its operations and products as its far-reaching organisational and financial restructuring begins yielding results and creates space for the JSE-listed group to start focusing on... 

PPC CEO Roland van Wijnen
PPC CEO Roland van Wijnen

Mobile app reduces ambulance response time for patients in informal areas

By: Donna Slater     21st June 2021 A mobile application (app) developed in Ghana has been designed to cut the response times of ambulances by up to 56% by providing accurate location details without a connection to the Internet – an essential factor for people living in areas with few or unofficial street signs and hard-to-find... 

Mobile app reduces ambulance response time for patients in informal areas

South Africa will continue to remove barriers to growth and investment, Ramaphosa tells investors 

By: Terence Creamer     17th June 2021 Having already announced a key reform for the electricity sector, President Cyril Ramaphosa told international investors on Thursday that the country will continue to remove barriers to growth and investment through the Operation Vulindlela delivery mechanism. In an address to the SA Tomorrow... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Ramaphosa to address nation on Covid-19 response 

By: Sashnee Moodley     15th June 2021 As South Africa heads into the third wave of the Covid-19 pandemic, President Cyril Ramaphosa is set to address the nation at 20:00 on Tuesday. According to a statement from the Presidency, he will provide updates on developments in government’s current response to the Covid-19 pandemic. This... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Global stock-taking report points to only modest renewables gains in total final energy consumption 

By: Terence Creamer     15th June 2021 A new international stock-take of the global transition to renewable energy highlights an “alarming gap between targets and actions” with the share of fossil fuels in energy consumption failing to decrease for the tenth consecutive year in 2020, despite a 4% Covid-linked fall in demand. Published... 

Global stock-taking report points to only modest renewables gains in total final energy consumption

Partnership eyed for vaccine rollout acceleration in Africa

By: Donna Slater     15th June 2021 World Bank president David Malpass and his senior management team, comprising Dr Axel van Trotsenburg and Dr Makhtar Diop, have met with the African Union’s Covid-19 Vaccine Acquisition Task Team (Avatt) to discuss modalities for a partnership that will accelerate vaccine deployment to Africa.... 

Partnership eyed for vaccine rollout acceleration in Africa

Nxesi issues new directive for workplace vaccinations

By: Tasneem Bulbulia     14th June 2021 Employers should find a reasonable resolution that accommodates all parties where employees refuse to be vaccinated for medical and constitutional grounds. This is contained in the new consolidated directive on occupational health and safety (OHS) measures in certain workplaces, which was... 

Infrastructure and import substitution at heart of new master plan’s vision for steel revival  

By: Terence Creamer     11th June 2021 A new master plan aimed at stabilising South Africa’s steel industry and creating a platform for the revival of the country’s embattled downstream steel fabricators was signed by representatives from business, labour and government on Friday. The ceremony, which took place amid the constant hum... 

Trade, Industry and Competition Minister Ebrahim Patel signs the Steel Master Plan as Numsa's Irvin Jim prepares to do likewise
Trade, Industry and Competition Minister Ebrahim Patel outlines the main pillars of the Steel Industry Master Plan at a signing ceremony held at Hall Longmore’s factory in Wadeville, in Gauteng. Camera Work: Kutlwano Matala. Editing: Nicholas Boyd.

UK to donate 100-million Covid-19 vaccine doses to developing countries

By: Rebecca Campbell     11th June 2021 The UK will, over the next 12 months, donate a minimum of 100-million surplus Covid-19 vaccine doses to countries all around the world. This was announced on Friday by British Prime Minister Boris Johnson, ahead of the start of the summit of the leaders of the Group of Seven (G7) major democratic... 

Cabinet approves the extension of Covid-19 national state of disaster

By: Yvonne Silaule     10th June 2021 Cabinet has approved the extension of the national state of disaster on Covid-19 until July 15. Acting Minister in the Presidency Khumbudzo Ntshaveni said in a post-Cabinet media briefing on June 10 that the extension is in terms of Section 27(5)(c) of the Disaster Management Act and would enable... 

Ramaphosa moves to tackle growth-sapping electricity crisis by increasing licence-exemption cap on distributed projects to 100 MW  

By: Terence Creamer     10th June 2021 In a surprise move, President Cyril Ramaphosa announced on Thursday that the licence-exemption cap on self- or distributed-generation plants would be raised from 1 MW to 100 MW to help address the country's electricity crisis, which has been weighing down economic growth and confidence for more... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Ramaphosa places Mkhize on special leave   

By: Sashnee Moodley     8th June 2021 President Cyril Ramaphosa announced on Tuesday that he has placed Health Minister Zweli Mkhize on special leave. This comes as Mkhize revealed that he had met with Ramaphosa to discuss special leave, following his alleged involvement in the Digital Vibes scandal. Minister of Tourism Mmamoloko... 

Health Minister Zweli Mkhize
Health Minister Zweli Mkhize
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