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The Koeberg nuclear power station
The Koeberg nuclear power station
Both Koeberg units to be offline from July unless NNR approves Eskom’s licence decoupling request in Jan
Updated 3 hours ago By: Terence Creamer

The National Nuclear Regulator (NNR) will decide in January whether to grant Eskom’s request for the Koeberg Unit 1 and Unit 2 licences to be separated to reflect a later commercial operation date for Unit 2 to enable the unit’s continued... 


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Sappi's Saiccor Mill
Sappi gains verification for high social, labour initiatives at Saiccor Mill
Updated 3 hours ago By: Marleny Arnoldi

JSE-listed paper and packaging manufacturer Sappi has completed a verification of the Higg Facility Social and Labour Module (FSLM) at its Saiccor Mill in South Africa, achieving a final score of... 


EIB, Bank of Kigali to develop €100m fund for climate fund adaptation for farmers
Updated 3 hours ago By: Tasneem Bulbulia

The European Investment Bank (EIB) and the Bank of Kigali on December 2 confirmed that they are developing a new targeted sustainable agriculture financing initiative, the first climate resilience... 


Global nuclear energy summit announced for early next year
Updated 2 hours 49 minutes ago By: Rebecca Campbell

The intergovernmental International Atomic Energy Agency’s (IAEA’s) director-general, Rafael Mariano Grossi, French President Emmanuel Macron, and Belgian Prime Minister Alexander De Croo have... 


The Durban Container Terminal
TNPA seeks bidders for big berth expansion at congested Durban terminal
Updated 53 minutes ago By: Terence Creamer

The Transnet National Ports Authority (TNPA) has issued a tender for the reconstruction, deepening and lengthening of three berths at the Pier 2 North Quay of the currently congested Durban... 


Nampak making progress on R2.7bn disposals; records billions in forex, impairment losses
Updated 1 hour 5 minutes ago By: Schalk Burger

JSE-listed packaging company Nampak recorded a 2% year-on-year decrease in revenue to R16.6-billion for the financial year ended September 30, while trading profit increased by 2% to R1.6-billion.... 


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naamsa warns port, rail challenges will negatively impact on South Africa's automotive sector
1st December 2023 By: Creamer Media Reporter

Industry organisation naamsa | The Automotive Business Council says the current logistical challenges at South Africa's ports and across the entire freight rail network in the country are impacting... 


Global economic growth for 2024 to be muted
1st December 2023 By: Schalk Burger

The global economy is expected to remain weak in 2024, but inflation is likely to gradually decrease, and rate cuts may be on the cards in the second half of the year economic forecasting and... 


Curtailment framework submitted to Nersa as new deadline is set for restart of IPP procurement
Curtailment framework submitted to Nersa as new deadline is set for restart of IPP procurement
1st December 2023 By: Terence Creamer

Eskom has confirmed that it has delivered a curtailment framework, as well as its proposed Gated Generator Connection Process (GGCP) to the National Energy Regulator of South Africa (Nersa) for... 


Charles Dos Santos to succeed Rob Richardson as Air Products South Africa MD
1st December 2023 By: Tasneem Bulbulia

Air Products South Africa has announced that Charles Dos Santos will succeed Rob Richardson as MD with effect from February 1, 2024. Richardson has led the company since 2016 but has announced his... 


An image showing the Port of Durban
TNPA bolsters interventions at Port of Durban to expedite recovery
1st December 2023 By: Tasneem Bulbulia

Transnet National Ports Authority (TNPA) is assisting terminal operators with implementing the container recovery plan more easily at the Port of Durban by providing a 24-hour helicopter services... 


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Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last... 


Boegoebaai greenfield site
Sasol appoints adviser to search for Boegoebaai hydrogen export hub coinvestors
1st December 2023 By: Terence Creamer

A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the... 


Seifsa president Elias Monage
Opinion: The collapse of the Steel Master Plan and disintegration of industry
1st December 2023

In this opinion article, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Elias Monage writes about the importance of the steel industry and the challenges the... 


Tiger Brands increases revenue, exports volume growth offset by domestic volume decline
1st December 2023 By: Schalk Burger

JSE-listed food and packaged goods company Tiger Brands increased revenue by 10% to R37.4-billion, driven by price inflation of 11%, favourable foreign exchange gains of 1% and marginal overall... 


Quantum Foods swings to loss on bird flu, power cuts
1st December 2023 By: Reuters

South African poultry producer Quantum Foods on Friday reported a R35-million rand loss in the year to end-September, after the country's worst bird flu outbreak decimated its chicken flock and... 


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Magazine round up | 01 December 2023
Magazine round up | 01 December 2023

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

PRICE RISE: In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways, amid interest in nuclear and numerous production challenges. While spot uranium (picture here in the form of a yellowcake concentrate) is a thinly traded market, the term price — which is more important for power plants — has also been trending higher. Photograph: Bloomberg
PRICE RISE

In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways,... 

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Hats off to Utshalo for going all out to reawaken South Africa’s public markets

South Africa has a pressing need to reawaken its public markets and Utshalo must be complimented for setting out to do just that.  The brainchild of Ince and Paul Miller is providing a platform to... 

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Green growth and jobs

Transitioning South Africa’s energy ecosystem from its current over-reliance on coal to one progressively based on the country’s natural advantages of abundant sun, wind and land will take decades.... 

Business Leader

Nitesh Singh, communications media and technology lead for for Africa at Accenture
Nitesh Singh

This week we profile Nitesh Singh, communications media and technology lead for for Africa at Accenture, a global professional services company that helps businesses, governments and other... 

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COSTLY CONGESTION

The pile-up of ships outside South African ports is a costly reminder of the risks associated with mismanagement and corruption at a State-owned monopoly. Some vessels have been left at anchorage... 

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John Deere (Pty) Ltd
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In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

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Rentech
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Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

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Stewarts & Lloyds

Stewarts & Lloyds today supplies steel and tube, pipe and fittings, valves, pumps, irrigation, fencing, profiling and roofing products. The cash...

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