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Latest News

Plastics SA calls for a plastics-free environment

By: Schalk Burger     14th July 2022 Industry body Plastics South Africa (SA), during Plastic Free July, is advocating for a science-based, complementary strategy to eradicate unnecessary plastic and consider the overall environmental impact of various plastic alternatives. “We don’t endorse the call for people to go plastic free,... 

Imperial acquires Africa FMCG in Nigeria

By: Schalk Burger     13th July 2022 Logistics company Imperial has completed the strategic acquisition of a controlling stake in consumer products distribution company Africa FMCG Distribution (AFMCG), which offers a nationwide and best-in-class route-to-market solution across multiple channels in Nigeria. AFMCG's services also... 

Schneider Electric, Senwes partner on substation upgrade project

By: Schalk Burger     13th July 2022 Agricultural company Senwes and electric equipment multinational Schneider Electric have partnered on a substation upgrade project to ensure Senwes has accessible, advanced and stable electricity supply. Senwes’ head office, in Klerksdorp, in the North West, had been experiencing energy supply... 

Outages to wage deal may spur Eskom to borrow extra R45bn

By: Bloomberg     13th July 2022 South Africa’s indebted power utility may need to borrow an extra R45-billion to purchase diesel and pay inflation-beating salaries to workers, according to S&P Global Ratings. That’s a 50% increase from S&P’s borrowing forecast for Eskom Holdings in November, according to Omega Collocott,... 

Joburg Mayor commends Metrobus for completing refurbishment of 105 buses

By: Marleny Arnoldi     13th July 2022 City of Johanneburg (CoJ) and Metrobus executives on July 13 unveiled some of the 105 buses it recently refurbished to the value of R50-million. The entity started a 36-month refurbishment programme in 2019 to help address the challenge of an aging bus fleet. Some of Metrobus’ buses have been... 

A photo of refurbished buses owned by Metrobus

Numsa suspends deputy president Ntlokotse, finalises national congress plans

By: Donna Slater     13th July 2022 The National Union Metalworkers of South Africa (Numsa) has decided, after holding a special central committee (SCC) meeting on July 11 and 12, to suspend its second deputy president Ruth Ntlokotse, days before it plans to hold its eleventh national congress in Cape Town. The national congress,... 

Competition Commission releases Digital Markets Inquiry provisional report

By: Natasha Odendaal     13th July 2022 The Competition Commission has published the provisional report of the 14-month Online Platforms Market Inquiry. The release of the provisional findings and recommendations follows the evidence gathering, public hearings and in-camera hearings into online intermediation platforms, including... 

IFC, Alleyroads partner to develop affordable residential housing in South Africa

By: Tasneem Bulbulia     13th July 2022 To improve access to affordable, sustainable residential housing in South Africa, World Bank Group member the International Finance Corporation (IFC) has announced an investment to support South African residential property developer Alleyroads to build over 1 000 rental apartment units in the... 

Electricity veteran offers his A-to-Z guide for tackling load-shedding crisis

By: Terence Creamer     13th July 2022 Ahead of President Cyril Ramaphosa’s much-anticipated announcement of a comprehensive plan for tackling load-shedding, electricity industry veteran Vally Padayachee has drafted an ‘A-to-Z’ guideline for addressing the crisis over the coming two years. Padayachee, who has 40 years of energy... 

Vally Padayachee
Vally Padayachee

Mercedes-Benz South Africa sets goal of 50% EV sales by 2026 

By: Irma Venter     13th July 2022 Mercedes-Benz South Africa (MBSA) aims for electric vehicles (EVs) to be 50% of its sales in the domestic market by 2026, says Mercedes-Benz Cars co-CEO and MBSA executive director Mark Raine. He acknowledges this to be a rather bullish sentiment in a market that sold a total of 218 EVs in 2021,... 

Image of Mercedes-Benz Cars co-CEO and MBSA executive director Mark Raine.
Mark Raine

BME expanding used oil initiative 

13th July 2022 Omnia Group company BME is bolstering its sustainability initiative of incorporating used oil into its emulsion explosives. Tasneem Bulbulia tells us more. 

BME image
BME expanding used oil initiative

AfDB named most transparent development organisation in the world

By: Thabi Madiba     13th July 2022 Global campaign for aid and development transparency, Publish What You Fund has named African Development Bank the most transparent organisation in the world, with a top score of 98.5. 

Image of AfDB President Dr Akinwumi Adesina
Photo by Reuters
AfDB President Dr Akinwumi Adesina

Mpumalanga considering green economy opportunities

By: Yvonne Silaule     13th July 2022 The Mpumalanga province is considering steps to diversify its economy away from its reliance on coal mining and coal-fired power generation and to promote the green economy, particularly in relation to climate-resilient agriculture, Premier Refilwe Mtshweni-Tsipane said on July 13. During a trade... 

Proposed regulations for fracking published for public consultation

By: Tasneem Bulbulia     13th July 2022 Proposed regulations pertaining to the exploration and production of onshore oil and gas requiring hydraulic fracturing, or fracking, have been published for public consultation. Also published for consultation is the intention to prescribe minimum requirements for the submission of applications... 

UK Africa Minister has visited South Africa to discuss just energy transition and other issues

By: Rebecca Campbell     13th July 2022 The UK High Commission (embassy) in Pretoria reported on Wednesday that that country’s Minister (equivalent to Deputy Minister in South Africa) for Africa, Latin America and the Caribbean, Vicky Ford, had visited South Africa on Monday and Tuesday. The visit had focused on the Just Energy... 

Sanlam welcomes infrastructure investment Regulation 28, warns uncertainty persists at instrument level

By: Schalk Burger     13th July 2022 The gazetted amendments to Regulation 28 of the Pension Funds Act, which are set to take effect from January 3, 2023, have a broader definition of infrastructure than the first draft of the changes and are welcome, as the changes now include investment in private infrastructure, says Sanlam... 

Eskom welcomes arrest of former ABB Group employees

By: Tasneem Bulbulia     13th July 2022 State-owned power utility Eskom has welcomed the arrest of two former employees of former contractor ABB Group (ABB), as well as their spouses, for alleged corruption linked to Eskom contracts worth R2.2-billion. The four were arrested on July 12 by the Investigating Directorate of the National... 

German company announces successful first test campaign for its new space rocket engine

By: Rebecca Campbell     13th July 2022 German startup space launch company Rocket Factory Augsburg (RFA) announced on Wednesday that it had successfully concluded the first test campaign on its Helix rocket motor. The Helix is a staged combustion engine and it was tested in its flight configuration, at Kiruna, in Sweden. “Helix... 

The Helix rocket motor during one of its test firings
Photo by Rocket Factory Augsburg
The Helix rocket motor during one of its test firings

SAA sale part of vital reforms, Gordhan says 

By: Bloomberg     13th July 2022 South Africa’s minister in charge of embattled State-owned companies gave an impassioned defense of the sale of a majority stake in the national carrier for about $3 – a deal that’s subject to a lawsuit from one of the spurned bidders. The privatization of South African Airways is a vital reform... 

Public Enterprises Minister Pravin Gordhan
Photo by Bloomberg
Public Enterprises Minister Pravin Gordhan

Transnet re-enters international loan market with $1.5bn transaction

By: Terence Creamer     13th July 2022 State-owned freight and logistics group Transnet has re-entered the international syndicated loan market for the first time in seven years with the signing of a five-year senior unsecured term loan facility of up to $1.5-billion, led by Deutsche Bank. Transnet said in a statement that the first... 

Photo of a Transnet Port Terminals operation

Small IPPs consider legal action after programme is cancelled  

By: Terence Creamer     13th July 2022 Some of the preferred bidders that participated in the Small Renewable Independent Power Producer Programme (Smalls), which has subsequently been terminated, are considering legal action against Eskom and the Department of Mineral Resources and Energy (DMRE) to have the projects reinstated or to... 

Image showing a wind turbine and solar panels

Hydrogen highlighted as ‘slam dunk’ of heavy haul 

By: Martin Creamer     13th July 2022 What will be Australia’s biggest electrolyser – a platinum-using proton exchange membrane or PEM electrolyser – is on order to provide green hydrogen Down Under at a time when the planet’s lightest molecule is being highlighted as the ‘slam dunk’ of heavy-haul transport in a decarbonising world.... 

Renewables, green hydrogen, and platinum group metals are needed to decarbonise.
Renewables, green hydrogen, and platinum group metals are needed to decarbonise.

Eskom says intensifying process to replace failed electricity infrastructure in Gauteng

By: Yvonne Silaule     12th July 2022 Power utility Eskom says it continues to replace mini substations and transformers that failed or exploded as a result of theft, vandalism and network overloading in Gauteng. The overloading is the result of illegal connections, meter tampering, unauthorised operations, nonpayment and electricity... 

CSIR to focus on intellectual property commercialisation opportunities for youth

By: Darren Parker     12th July 2022 The Council for Scientific and Industrial Research (CSIR) CEO Dr Thulani Dlamini has revealed that the CSIR was taking an innovative approach at a board level to seek ways to create an environment that allows for the commercialisation of its intellectual property (IP). Speaking at the CSIR’s... 

Rolls-Royce Power Systems commissions hydrogen-fuelled engine test stand 

By: Rebecca Campbell     12th July 2022 UK-based global major power and propulsion systems group Rolls-Royce has announced that its Germany-based Power Systems division has commissioned its first in-house test stand for hydrogen-powered gas turbine engines. The division produces these engines under the ‘mtu’ brand. The test stand is... 

Solidarity calls on Parliament to remove obstacles to private power generation

By: Schalk Burger     12th July 2022 Trade union Solidarity says it has submitted a petition to Parliament, demanding that all regulatory or legislative obstacles to unlimited private power generation be removed as a matter of urgency. “It is obvious that Eskom does not have the capacity to supply in the country’s current energy... 

Thyssenkrupp Steel partners with bp for cleaner production

By: Marleny Arnoldi     12th July 2022 Germany’s largest steel manufacturer Thyssenkrupp Steel has partnered with petroleum company bp to accelerate decarbonisation of its steel production. The companies will promote policies to support the development of low-carbon hydrogen and renewable energy solutions in steel production in... 

Manufacturing output decreases by 2.3% y/y in May

By: Donna Slater     12th July 2022 Manufacturing production decreased by 2.3% year-on-year in May, brought down by the industries of motor vehicles, parts and accessories and other transport equipment which declined 19.2%, and subtracted 2.1 percentage points, reveals Statistics South Africa. A 4.1% decline in the food and... 

CoJ invites public comment on Frankenwald area development

By: Marleny Arnoldi     12th July 2022 The City of Johannesburg (CoJ) will host three public engagement sessions from July 26 to 28 to discuss an urban development framework (UDF) for the Frankenwald area, between Buccleuch, Kelvin, Alexandra and Linbro Park. The first engagement, on July 26, will be hosted in the East Bank Hall in... 

South African inflation bets at 2016 high fail to spur rate pricing

By: Bloomberg     12th July 2022 Inflation expectations in South Africa surged to a six-year high, but simultaneous worries about growth prevented traders from wagering on a 75-basis point hike at the central bank’s next meeting. The nation’s breakeven rate -- the difference between the nominal yield on five-year sovereign bonds... 

Mahindra semi-knockdown facility reaches 10 000-unit mark 

By: Irma Venter     12th July 2022 The 10 000th locally assembled Pik Up has rolled off the line at the Mahindra semi-knockdown line in Durban. This follows four years after the local arm of the Indian manufacturer opened its assembly facility at the Dube TradePort Special Economic Zone. 

Mahindra's 10 000th locally assembled Pik Up
Mahindra's 10 000th locally assembled Pik Up

Eskom dodgy deal: Four arrested for allegedly scoring kickbacks in multimillion-rand contract  

By: News24Wire      12th July 2022 Two former employees of engineering firm Asea Brown Boveri have been arrested along with their wives in connection with an allegedly inflated multimillion-rand contract for work at Eskom's Kusile power station.  It is alleged that they received cash and cars from a company ABB sub-contracted,... 

Former Acting Eskom CEO Matshela Koko
Photo by Creamer Media
Former Acting Eskom CEO Matshela Koko

AfriForum demands transparent information on Eskom’s active contracts

By: Darren Parker     12th July 2022 Civil rights organisation AfriForum has served a public access to information (PAIA) application on Eskom, demanding information on active contracts that the national power provider currently has with various service providers, including coal suppliers and transport companies that transport the... 

Nasa has released the first image from the James Webb Space Telescope

By: Rebecca Campbell     12th July 2022 The US National Aeronautics and Space Administration (Nasa) on Monday released the first image produced by its latest instrument, the James Webb Space Telescope. The image, designated Webb’s First Deep Field, captured the SMACS 0723 galaxy cluster. The picture contains thousands of galaxies. The... 

The Webb First Deep Field image; the curved red features are incredibly distant and early galaxies, from some 13.2-billion years ago, the light from which has been gravitationally distorted
Photo by Nasa
The Webb First Deep Field image; the curved red features are incredibly distant and early galaxies, from some 13.2-billion years ago, the light from which has been gravitationally distorted

Harmony to deliver green gold with help of green loan 

By: Martin Creamer     12th July 2022 Harmony Gold, which met its annual production guidance in the 12 months to end June against strong odds, is continuing to “mine with purpose”, which includes leaving a cleaner and healthier planet. Harmony CEO Peter Steenkamp said headwinds had again been turned into opportunities, with the... 

Picture provided by Harmony
Harmony CEO Peter Steenkamp

IFC, CRDB investment to increase access for small businesses in Tanzania, Burundi

By: Schalk Burger     12th July 2022 Development finance institution the International Finance Corporation (IFC) is providing a $100-million loan to CRDB Bank Tanzania, half of which will be in local currency, and a $5-million loan to CRDB Bank Burundi to support lending to smaller businesses, especially women-owned businesses, in... 

Zimbabwe emergency power project nears completion

By: Schalk Burger     12th July 2022 An emergency power infrastructure rehabilitation project has reached the last leg of implementation with the delivery of a 175 MVA transformer, signalling relief from constant power outages for thousands of customers in the Midlands, Mashonaland East and West provinces of Zimbabwe. Phase II of... 

Tiger Brands to operate deciduous fruit business for another season

By: Marleny Arnoldi     12th July 2022 JSE-listed packaged goods company Tiger Brands has decided to extend operations at its deciduous fruit business for a further season. The company in May 2020 announced its intention sell the business, called Langeberg & Ashton Foods (L&AF), owing to efforts to better align the group’s portfolio... 

Tiger Brands packaged goods
Tiger Brands packaged goods
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