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Sasol triples 2030 decarbonisation target, makes net-zero by 2050 pledge 

By: Terence Creamer     22nd September 2021 Chemicals and energy group Sasol has announced a material acceleration of its decarbonisation plans, confirming that it will reduce greenhouse gas (GHG) emissions by 30% by 2030 rather than by the much-criticised 10% level to which it initially committed. CEO Fleetwood Grobler has also pledged... 

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

Telkom to list mast and towers unit

By: Natasha Odendaal     22nd September 2021 Telecommunications group Telkom is pursuing a separate listing of its masts and towers business, Swiftnet, on the Johannesburg Stock Exchange. A final determination on the listing of the Telkom subsidiary, which is under management by Gyro, will be made by the end of the financial year. 

Coalition puts pressure on govt to cancel plans for new coal-fired power

By: Tasneem Bulbulia     22nd September 2021 Environmental and climate justice groups have called on Mineral Resources and Energy Gwede Mantashe and regulatory authority the National Energy Regulator of South Africa (Nersa) to abandon plans to develop 1 500 MW of new coal-fired electricity. “The development of new coal-fired power is... 

Court rules race-based tourism fund criteria unlawful

By: Bloomberg     22nd September 2021 South Africa’s appeals court ruled the Department of Tourism’s focus on only black businesses for payouts to help the industry overcome the coronavirus pandemic is unlawful. The Bloemfontein-based court said the Minister of Tourism committed an error and is not legally obliged to allocate funds... 

Exxaro, Cennergi developing 70 MW solar project in Lephalale

By: Simone Liedtke     22nd September 2021 Diversified miner Exxaro Resources’ renewable energy subsidiary, Cennergi, will develop the 70 MW Lephalale solar project to supply the Grootegeluk coal mine, near Lephalale, Limpopo. The group announced on Wednesday that Exxaro Coal and Cennergi had concluded a term sheet, setting out material... 

Pic/Image of Exxaro's Tshikondeni Microgrid
Exxaro's Tshikondeni Microgrid

Nedbank expands its Avo app to include end-to-end digital vehicle shopping 

By: Irma Venter     22nd September 2021 Nedbank is promising prospective car buyers a “complete end-to-end digital vehicle shopping experience, saving them vast amounts of time and energy, through the new Avo virtual vehicle-mall feature”. “While there are already quite a few websites and aggregators where people can browse vehicles,... 

Image of someone using the Nedbank Avo app

N2/N3 major road upgrades to ease traffic congestion – Sanral

By: Schalk Burger     22nd September 2021 The South African National Roads Agency Limited (Sanral) has advised motorists to expected traffic delays during the construction or road upgrades on the N3 and N2, urging motorists to allow for additional time when travelling on these roads. The major road upgrades are under way on the N3... 

Naacam announces MBA scholarship in rememberance of Dr Johan v Zyl

By: Creamer Media Reporter      22nd September 2021 The National Association of Automotive Component and Allied Manufacturers (Naacam) has announced it will provide a full manufacturing- focused MBA scholarship at the Toyota Wessels Institute for Manufacturing Studies (TWIMS) for its intake in 2022. The one-off scholarship will be awarded in... 

Left to right: Mbusiswa Ngcobo, Justin Barnes, Andrew Kirby, Renai Moothilal, Ugo Frigerio

Porsche, Siemens join world-first project to produce e-fuel in Chile

By: Irma Venter     22nd September 2021 German sports-car manufacturer Porsche and Siemens Energy have joined forces with a number of international companies to build an industrial plant for the production of nearly carbon dioxide-neutral fuel (e-fuel) in Punta Arenas, Chile.  A pilot plant is initially being built north of Punta... 

Image of the Haru Oni project in Chile
The project site in Chile

Airlink starts South Africa-Uganda route

By: Rebecca Campbell     22nd September 2021 South African private sector airline Airlink announced on Tuesday that it starting a new intra-African service, between Johannesburg and Entebbe, in Uganda. The airline had originally planned to inaugurate this service earlier this year, but had had to postpone it when both countries had... 

Iata praises Ethiopia for its support for air travel but calls on it to release blocked funds

By: Rebecca Campbell     22nd September 2021 The global representative body of the airline industry, the International Air Transport Association (Iata), has praised Ethiopia for its support for air transport throughout the Covid-19 pandemic and urged it to continue this. This would, the association pointed out, enable the northeast African... 

Nersa approves Karpowership generation licences

By: News24Wire      22nd September 2021 The National Energy Regulator of South Africa (Nersa) has approved three generation licences for floating powership provider Karpowership. The decision was taken at a special meeting of the energy regulator on Tuesday afternoon. The regulator approved generation licences for Karpowership at... 

AIMM says six more solar PV projects reach commercial operation

By: Schalk Burger     22nd September 2021 Six more solar photovoltaic (PV) projects situated in the Northern Cape and North West provinces have reached commercial operation, infrastructure equity investment management company African Infrastructure Investment Managers (AIIM) reported on Wednesday. These projects include the 50 MW De... 

UN chief warns world is facing 'dead end' over climate, Covid

By: Bloomberg     22nd September 2021 United Nations Secretary-General Antonio Guterres warned the world is hurtling toward ecological destruction, sounding a bleak opening tone to the annual UN General Assembly meeting in New York. Speaking a day after convening world leaders to ratchet up climate commitments, Guterres said Tuesday... 

An image of Antonio Guterres
United Nations Secretary-General Antonio Guterres

China to stop building new coal-fired power projects abroad

By: Bloomberg     22nd September 2021 China plans to stop building new coal-fired power plants abroad, President Xi Jinping said at a virtual United Nations General Assembly meeting on Tuesday. The announcement came a year after Xi surprised world leaders by pledging to make China carbon-neutral by 2060 after reaching peak emissions... 

An image of Xi Jinping
President Xi Jinping addressing a virtual United Nations General Assembly meeting on Tuesday.

Maritime industry says decarbonisation urgent, achievable

By: Donna Slater     22nd September 2021 More than 150 maritime logistics roleplayers, representing the entire maritime value chain, including shipping, cargo, energy, finance, ports and infrastructure, have said that the full decarbonisation of international shipping is urgent and achievable. Ships transport about 80% of global trade... 

Importance of sustainable energy underlined

By: Tasneem Bulbulia     22nd September 2021 In dealing with its current energy crisis, South Africa must ensure that it shores up reliable short- and long-term supply options that adhere to sustainable energy objectives.    This was indicated by speakers on the first day of the 11th yearly Sustainability Summit on September 21, during the... 

Cybersecurity becoming part of industrial practices as digital applications and risks multiply

By: Schalk Burger     Updated 6 hours ago As industrial facilities and systems become increasingly connected to capitalise on digital capabilities, countering cybersecurity risks is becoming part of industrial best practices and digital technologies are being subjected to the same rigorous safety and security standards as other... 

Cover image

Chip uncertainty causing PGMs price uncertainty – chief investment officer  

By: Martin Creamer     22nd September 2021 The general feeling is that chip capacity will slowly start coming back in the next few months, but only to return the auto industry back to where it was pre-Covid, and not to the post-Covid surge, which resulted in platinum group metals (PGMs) prices going through the roof. If the global auto... 

Integral Asset Management Chief Investment Officer Bruce Williamson interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Northam’s Booysendal complex progresses with expansion plans 

22nd September 2021 Platinum group metals miner Northam is expanding its ore handling systems to cater for increased volumes coming from its north, central and currently-under-construction south mines, at its Booysendal complex. 

Northam’s Booysendal complex progresses with expansion plans

Takatso says it is still in talks over SAA investment

By: Reuters     21st September 2021 Takatso Consortium said on Wednesday it was still in discussions with South Africa's Treasury over its purchase of a 51% stake in the country's struggling national airline but said both parties were committed to an agreement. The transaction was large and complex and so might take time to... 

Industrial policy belongs at centre of development agenda – Godongwana

By: Terence Creamer     21st September 2021 Finance Minister Enoch Godongwana says industrial policy and the quest for industrialisation belong back at the centre of the development agenda and are critical for meeting South Africa’s aspirations for higher levels of economic growth, job creation, transformation and development. The South... 

Finance Minister Enoch Godongwana
Photo by Creamer Media
Finance Minister Enoch Godongwana

Exxaro’s Cennergi to decarbonise group’s own coal mines plus mining industry   

By: Martin Creamer     21st September 2021 Cennergi, the wholly owned renewable energy arm of coal mining company Exxaro and South Africa’s second-largest renewable energy company, is being deployed to decarbonise the Johannesburg Stock Exchange-listed company’s own coal mines. In addition, Exxaro, through Cennergi, is in discussion with... 

Exxaro CEO Mxolisi Mgojo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Germany's removal of SA from high-risk list to help tourism recover - Sisulu

By: Yvonne Silaule     21st September 2021 Tourism Minister Lindiwe Sisulu has thanked Germany for its “progressive and scientific” decision to remove South Africa from its high-risk country list, stating that it would directly contribute to efforts to recover the tourism sector. The decision means that vaccinated travellers from South... 

Engineering sector strike looms as wage talks deadlock

By: Donna Slater     21st September 2021 The National Union of Metalworkers of South Africa (Numsa) on Tuesday announced that it would embark on a national strike in the engineering sector from October 5, after wage talks deadlocked. Numsa has deadlocked with employer associations in engineering, namely the National Employers... 

Civil confidence index edges higher, but lack of work remains a concern

By: Simone Liedtke     21st September 2021 The civil confidence index ticked up slightly to 17 points in the third quarter, but despite the improvement, underlying indicators worsened in the quarter and industry respondents remained dissatisfied with prevailing business conditions. The civil confidence index, compiled by First National... 

South Deep gold mine to trial battery electric vehicle next year – Gold Fields 

By: Martin Creamer     21st September 2021 Gold mining company Gold Fields has reached agreement with global engineering group Sandvik to trial a battery electric vehicle (BEV) underground loader at its South Deep gold mine, with the project starting towards the back end of next year, Gold Fields EVP for South Africa Martin Preece said on... 

Gold Fields and Sandvik cooperating on BEVs
Gold Fields EVP for South Africa Martin Preece

Airbus-led consortium to pilot liquid hydrogen fuel at French airport

By: Rebecca Campbell     21st September 2021 France’s Lyon-Saint Exupéry Airport will pilot a project, being developed by an Airbus-led consortium, to increase the use of hydrogen in aviation, both in aircraft and ground vehicles, the European-based global major aerospace group announced on Tuesday. Lyon-Saint Exupéry is one of the airports... 

DWS on the hunt for permanent director-general

By: Creamer Media Reporter      21st September 2021 The Department of Water and Sanitation (DWS) is seeking a permanent director-general for a five-year contract in Pretoria, calling for applicants to submit their CVs by October 4. The critical post, over the past few financial years, has mostly been held by acting directors-general. 

Nkabane says South Africa will move ahead with nuclear procurement in 2022 

By: Terence Creamer     21st September 2021 Deputy Mineral Resources and Energy Minister Dr Nobuhle Nkabane says that South Africa plans to issue a request for proposal (RFP) for a 2 500 MW nuclear programme by the end of March 2022 and complete the procurement in 2024. In an address to the sixty-fifth general conference of the... 

Photo of the Koeberg nuclear power station
The only allocation made in the IRP 2019 for nuclear relates to extending Koeberg's life

Banks balk at backing emergency power bidders

By: Bloomberg     21st September 2021 A court case filed by a losing bidder in South Africa’s emergency power program threatens to delay the provision of the electricity by months as banks balk at providing funding because of the risk of an adverse judgment. Officials at three of the seven preferred bidders selected to provide power... 

Banks balk at backing emergency power bidders

Research group reports low level of market concentration in SA agriculture

By: Rebecca Campbell     21st September 2021 In a recent brief report, the Bureau for Food and Agricultural Policy (BFAP) pointed out that, according to the available data, the agricultural sector was one of the South African economy’s least concentrated sectors. And while agro-processing was much more concentrated that agriculture itself,... 

RMB arranges R8.45bn sustainability-linked loan for Mediclinic

By: Simone Liedtke     21st September 2021 Hospital operator Mediclinic has refinanced its existing debt through a new R8.45-billion sustainability-linked banking facility – the first of its kind arranged by a bank in Africa. Rand Merchant Bank (RMB), a division of FirstRand Bank, acted as the lead arranger for the transaction. 

Sasol, Imperial explore hydrogen options for decarbonising long-haul trucking

By: Terence Creamer     21st September 2021 South African companies Sasol and Imperial Logistics have entered into an agreement to explore options and solutions for decarbonising heavy-duty long-haul trucking, including through the use of fuel cell electric (FCE) trucks fuelled by green hydrogen. Sasol has already announced its intention... 

Photo of an Imperial Logistics truck
An Imperial Logistics truck

Digital authentication solution wins MTN enterprise app award

By: Schalk Burger     21st September 2021 The biometric digital authentication and automated onboarding solution of technology company iiDENTIFii has won the Best Enterprise Solution award of the MTN Business App of the Year Awards 2021. While technically complex, the solution assures that an individual is a real person and present at... 

Mlambo-Ngcuka wins Bill & Melinda Gates Foundation award

By: Tasneem Bulbulia     21st September 2021 Nonprofit organisation the Bill & Melinda Gates Foundation has announced South African Phumzile Mlambo-Ngcuka, former UN under-secretary-general and executive director of UN Women, as the winner of the 2021 Global Goalkeeper Award. As part of its yearly Goalkeepers campaign, the foundation also... 

DDG Moahloli resigns from Treasury

By: Simone Liedtke     21st September 2021 Tshepiso Moahloli has resigned from her position as the National Treasury’s deputy director-general (DDG) of asset and liability management. The resignation will be official from October 15. 

Organisation files climate lobbying resolution for tabling at Sasol AGM

By: Tasneem Bulbulia     21st September 2021 Nonprofit shareholder activism organisation Just Share and investment management company Aeon Investment Management on September 14 co-filed a nonbinding, advisory shareholder resolution with chemicals company Sasol, for tabling at its November 19 annual general meeting. The resolution asks Sasol... 

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