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Covid-19

IFC backs Imperial rollout of modular Covid-19 screening, treatment units

By: Marleny Arnoldi     23rd September 2020 The International Finance Corporation (IFC) has partnered with JSE-listed logistics group Imperial to develop a modular Covid-19 screening and treatment healthcare infrastructure programme in sub-Saharan Africa. With support from IFC, Imperial will first develop a pilot project in South Africa... 

UNWTO, Google partner to drive digital innovation in the tourism sector

By: Donna Slater     23rd September 2020 The United Nations World Tourism Organisation (UNWTO) and Google have partnered to boost digital transformation of the tourism sector with the development of an online Acceleration Programme for UNWTO member States’ tourism Ministers, top travel associations and tourism boards to further develop... 

Africa Foundation calls for all borders to be opened to save tourism sector

By: Donna Slater     23rd September 2020 Each day South Africa keeps its borders closed, albeit partially, the negative effects are felt by communities dependent on tourism for survival, says independent nonprofit organisation Africa Foundation business development manager Rebekah Copham. She says the sooner government reopens borders... 

Inequalities hamper remote learning in S Africa – UCT study

By: Sane Dhlamini     23rd September 2020 A recent University of Cape Town study has revealed that technical and vocational education and training students are faring worse than university students in terms of internet access for remote learning. The study was conducted by researchers Dr Nicola Branson, Emma Whitelaw and Samantha... 

Inequalities hamper remote learning in S Africa – UCT study

Pandemic presents opportunity to rethink PEPs, speaker says

By: Tasneem Bulbulia     23rd September 2020 There is a need to reconsider the approach of Public Employment Programmes (PEPs) and to structure these to upskill workers for the workplace of the future, a webinar hosted by the Department of Public Works and Infrastructure on September 22 has revealed. Development Economist consultant Liesel... 

World airline body calls for pre-flight Covid-19 testing of air passengers 

By: Rebecca Campbell     23rd September 2020 The International Air Transport Association (Iata), which is the global representative body of the airline industry, is calling for the testing of all air passengers for Covid-19 before they embark on their flights. It is urging “the development and deployment of rapid, accurate, affordable,... 

World airline body calls for pre-flight Covid-19 testing of air passengers
Photo by Iata
Alexandre de Juniac

Green hydrogen study integrating SADC ahead of trillion dollar market emergence   

By: Martin Creamer     23rd September 2020 JOHANNESBURG (miningweekly.com) – A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADC) region ahead of the projected opening up of a trillion dollar market going into the future. 

Green hydrogen study integrating SADC ahead of trillion dollar market emergence
Sasscol executive director Dr Jane Olwoch interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Tourism sector pledges to support South Africa’s economic recovery

By: Donna Slater     22nd September 2020 An enabling environment can further boost the multiplier effects of tourism on job creation and economic growth in regions not supported by other industries, says #IAmTourism lobby spokesperson Thembi Kunene-Msimang. She says the economic recovery from the Covid-19 pandemic presents a unique... 

Tourism sector pledges to support South Africa’s economic recovery
#IAmTourism lobby spokesperson Thembi Kunene-Msimang

Public funding for SAA undermines government credibility and endangers State finances

By: Rebecca Campbell     22nd September 2020 The government’s undertaking to reprioritise State funding in order to finance State-owned national flag carrier South African Airways (SAA) and so prevent its liquidation represented a defeat for the National Treasury (NT) and undermined the credibility of the government, Intellidex analyst... 

Alaris Holdings holds steady, despite Covid-19 challenges 

By: Simone Liedtke     22nd September 2020 Radio frequency (RF) technology group Alaris Holdings’ financial results for the year ended June 30, was severely impacted by the Covid-19 pandemic and subsequent hard lockdown, leading to a 24% decrease in headline earnings per share (HEPS) to 25.8c. “There would have been some growth, had it... 

Alaris Holdings holds steady, despite Covid-19 challenges
Alaris executive finance director Elsie Müller gives more detail on the company's results for the 2020 financial year. Video: Creamer Media's Kutlwano Matlala. Editing: Creamer Media's Nicholas Boyd.

Tongaat's sale of its starch business to Barloworld to proceed

By: Tasneem Bulbulia     22nd September 2020 An independent expert Rothschild & Co has determined that a material adverse change (MAC) has not occurred in the proposed sale of Tongaat Hulett's starch business to Barloworld subsidiary KLL Group. Tongaat in February agreed to sell the starch business to the Barloworld subsidiary for... 

SAPA lauds refocus on poultry master plan

By: Donna Slater     22nd September 2020 Despite the serious impact of the Covid-19 pandemic on the local poultry industry, the South African Poultry Association (SAPA) welcomes the renewed focus on the Poultry Industry Master Plan, and praises Trade, Industry and Competition Minister Ebrahim Patel and Agriculture, Land Reform and Rural... 

CCBSA continues to ramp up solar power generation capacity

By: Simone Liedtke     22nd September 2020 Coca-Cola Beverages South Africa (CCBSA) has ramped up its solar power generation capacity, with seven of its 13 manufacturing facilities now using solar power. CCBSA is plans to install solar power capacity at a further five of its plants by the end of this year. 

CCBSA continues to ramp up solar power generation capacity
Sopal power panels at one of CCBSA's manufacturing plants.

Govt undertakes rhino conservation efforts as world celebrates Rhino Day

By: Yvonne Silaule     22nd September 2020 As part of efforts to commemorate World Rhino Day, on Tuesday, and to protect South Africa’s rhino populations, government has launched a number of conservation initiatives. Environment, Forestry and Fisheries Minister Barbara Creecy has announced the Integrated Wildlife Zone initiative, which... 

Govt undertakes rhino conservation efforts as world celebrates Rhino Day

R27m relief fund launched for W Cape businesses  

By: Yvonne Silaule     22nd September 2020 The Western Cape province has launched a R27-million Covid-19 Business Relief Fund in support of small businesses affected by the Covid-19 pandemic. Western Cape spokesperson for the Minister of Finance and Economic Opportunities Francine Higham said in a statement released on Tuesday that the... 

R27m relief fund launched for W Cape businesses

Attacq decides against declaring a full-year dividend to preserve liquidity 

By: Donna Slater     22nd September 2020 Real estate investment trust (Reit) Attacq experienced a decline in distributable earnings during the last six months six months of the financial year ended June 30, mainly as a result of tenant rent relief measures to help tenants through the worst of the Covid-19 lockdown. The company was... 

Attacq decides against declaring a full-year dividend to preserve liquidity
Attacq CEO Melt Hamman and COO Jackie van Niekerk discuss the group’s financial six-month results for the year ended June 30.

FNB/BER Civil Confidence Index rises, but sentiment still depressed

By: Tasneem Bulbulia     22nd September 2020 Sentiment in the civil construction sector, as measured by the First National Bank (FNB)/Bureau for Economic Research (BER) Civil Confidence Index, increased to a still-low level of 11 in the third quarter, from an all-time low of five in the second quarter. Despite having increased by six... 

Authorities laudably supportive of grid-tied Pan African solar project – coordinator 

By: Martin Creamer     22nd September 2020 The authorities have been laudably supportive of the R150-million grid-tied photovoltaic solar project that is to be built to supply electricity to Pan African Resources’ highly successful Elikhulu tailings retreatment plant in Evander, Mpumalanga. The nigh-10 MW solar plant, which is expected to... 

Authorities laudably supportive of grid-tied Pan African solar project – coordinator
Photo by Pan African Resources
Elikhulu tailings retreatment plant at Evander, in Mpumalanga.

TIPS Tracker: The economy and the pandemic

21st September 2020 Trade and Industrial Policy Strategies' (TIPS's) 'Tracker: The economy and the pandemic' highlights important trends in the Covid-19 pandemic in South Africa and how they affect the economy. Since August 18, when the country moved to Level 2 of the lockdown, the number of cases has plateaued at... 

Economic pinch puts spotlight on green building

By: Simone Liedtke     21st September 2020 South Africa’s construction industry continues to suffer the effects of the national lockdown, a consequence of the Covid-19 pandemic. Unexpected delays and disruptions have resulted in increasing construction costs, which have had a knock-on effect for both developers and end-users, says student... 

Hulamin expects to return to profitability in the second half of this year 

By: Tasneem Bulbulia     21st September 2020 Significant cost reduction efforts, coupled with stringent controls over working capital, helped to reduce the impact of Covid-19-related restrictions on aluminium supplier Hulamin's performance for the six months ended June 30, CEO Richard Jacob said on September 21. The company noted that cost... 

Hulamin expects to return to profitability in the second half of this year
Richard Jacob

Global chromium production impacted by Covid-19 outbreak, says ICDA

By: Schalk Burger     21st September 2020 Global chromium production impacted by Covid-19 outbreak, says ICDA Chromium production and consumption remained constrained during the second quarter of this year, in line with lockdown restrictions implemented in various countries, says the International Chromium Development Association (ICDA). 

UIF TERS payments to resume

By: Simone Liedtke     21st September 2020 The Unemployment Insurance Fund (UIF) is set to resume its Covid-19 Temporary Employee Relief Scheme (TERS) benefits payments on September 21. UIF acting commissioning Marsha Bronkhorst said a payment plan would be run for all outstanding payments for April, May and June over September 21 and 22,... 

BLSA’s Mavuso calls for urgency in implementation of economic recovery plan 

By: Simone Liedtke     21st September 2020 South Africa’s move to Alert Level 1 in the Covid-19-induced lockdown is “the right one”, as this means that more of the economy can function, and “more people can get back to work”, says Business Leadership South Africa (BLSA) CEO Busi Mavuso. In her weekly newsletter on September 21, Mavuso... 

AngloGold reinstates guidance on growing certainty 

By: Martin Creamer     21st September 2020 Gold mining company AngloGold Ashanti on Monday reinstated annual guidance on improved operating certainty amid the Covid-19 pandemic and in anticipation of the conclusion of the sale of its South African assets at the end of this month. All conditions precedent have been met with respect to the... 

AngloGold reinstates guidance on growing certainty
AngloGold Ashanti acting CEO Christine Ramon

Busa’s Pityana stresses need for approval, implementation of Economic Recovery Action Plan 

By: Simone Liedtke     18th September 2020 Business Unity South Africa (Busa) President Sipho Pityana has called for a “more empathetic approach” with South Africa recently passing two important milestones on the road to salvaging its battered economy. These milestones comprise the Covid-19 lockdown having been scaled down to Alert Level... 

Open borders lauded by tourism stakeholders

By: Donna Slater     18th September 2020 Stakeholders in the tourism industry have lauded President Cyril Ramaphosa’s decision to allow restricted international travel to South Africa to resume as an effort to help rebuild the tourism and hospitality industry in South Africa. This sentiment was conveyed during a Governance... 

Venture capital set for slowdown after record 2019 performance

By: Tasneem Bulbulia     18th September 2020 While South African venture capital (VC) investors may have seen a significant slowdown in deal activity this year as a result of measures implemented globally to contain the spread of Covid-19, the local VC landscape experienced record investment and exit activity in 2019. This is according... 

ATNS launches virtual Aviation Training Academy

By: Donna Slater     18th September 2020 With Covid-19 restrictions, Air Traffic and Navigation Services (ATNS) is piloting virtual training through its Aviation Training Academy. ATNS’ Aviation Training Academy offers aviation training to several countries in Africa since it was certified as a training institution in 1996.  

Cybersecurity has to remain ‘front of mind’ for miners, says panel

By: Simone Liedtke     18th September 2020 As the world becomes more connected through information technology (IT) and operational technology (OT), ABB local division manager for mining solutions John Manuell warns that cybersecurity will need “to remain front of mind”. With the advent and increasing use of digital technologies,... 

Cybersecurity has to remain ‘front of mind’ for miners, says panel

Economists lament ‘missed opportunity’ of another repo rate cut

By: Simone Liedtke     17th September 2020 While the decision to leave interest rates unchanged at 3.5% is “disappointing”, North West University Business School economist Professor Raymond Parsons says South Africa’s basic policy priorities should now focus on “urgently implementing overdue economic reforms and ensuring security of... 

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African  

By: Martin Creamer     17th September 2020 What is expected to be South Africa’s least complicated underground gold mine is on the way at Evander, Mpumalanga, in the form of the Egoli gold project. Planning to bring the low-capital quick-return project to life is Pan African Resources, the London-, Johannesburg- and New York-listed... 

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African
Mining Weekly’s Martin Creamer interviews Pan African Resources CEO Cobus Loots. Video: Darlene Creamer.

SA must now face corruption and second wave threat, warns business lobby 

By: News24Wire      17th September 2020 Business 4 South Africa’s co-chair Martin Kingston joined President Cyril Ramaphosa's calls for the country to remain vigilant against Covid-19, as well as corruption within state procurement aimed at responding to the pandemic, as South Africa further lifts restrictions. Ramaphosa announced on... 

SA must now face corruption and second wave threat, warns business lobby
Photo by Creamer Media
B4SA co-chair Martin Kingston

CDH lawyer warns of retrenchment pitfalls

By: Simone Liedtke     17th September 2020 With a continued low economic growth rate and rising unemployment still painting a bleak picture for South Africa, law firm Cliffe Dekker Hofmeyr (CDH director Jose Jorge warns that companies will “continue to tighten their belts” in the months ahead, meaning more job losses are likely on the... 

Economy breathes welcome sigh for Level 1, while alcohol, travel industries remain aggrieved

By: Marleny Arnoldi     17th September 2020 With President Cyril Ramaphosa having announced the move to a Level 1 lockdown for South Africa, effective September 20, positive reactions have been streaming in from all spheres of the economy, but grievances around weekend alcohol sales, the curfew and only partially reopened borders remain.... 

Economy breathes welcome sigh for Level 1, while alcohol, travel industries remain aggrieved

Ramaphosa announces move to Level 1: 'Prepare for the new normal'

By: News24Wire      16th September 2020 President Cyril Ramaphosa has announced that South Africa will move to Alert Level 1 of the lockdown at midnight on Sunday. This will see larger gatherings being permitted, along with international travel, the sale of alcohol allowed from Monday to Friday, and the curfew shifted to midnight. 

Ramaphosa announces move to Level 1: 'Prepare for the new normal'
President Cyril Ramaphosa

Solar to provide most of gold plants’ daytime power – Pan African  

By: Martin Creamer     16th September 2020 The 10 MW solar electricity plant that Pan African Resources will construct on site at its Elikhulu gold-from-tailings plant next year at a cost of R150-million will take care of most of Elikhulu’s daytime power requirements. This is the first phase of solar power generation at Evander. Pan... 

Solar to provide most of gold plants’ daytime power – Pan African
Pan African Resources results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
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