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Latest News

IEA report outlines urgent need to accelerate investment in critical minerals needed to drive energy transitions 

By: Terence Creamer     5th May 2021 A new International Energy Agency (IEA) report is warning of a potential supply deficit for some of the ‘critical minerals’ needed to support a global shift in the energy system that is aligned with the Paris Climate Agreement, as well as the growing number of country commitments to cutting... 

Makhubo says CoJ to focus on finances, good governance; proposes infrastructure drive 

By: Schalk Burger     4th May 2021 City of Johannesburg (CoJ) executive mayor Geoff Makhubo has said the administration was focusing on responding to the worrying state of Johannesburg’s finances, the collapse of good governance and the debilitating effects of Covid-19 on the economy. "We have re-committed ourselves to creating an... 

Air cargo demand hits record high, Iata reports

By: Rebecca Campbell     4th May 2021 The International Air Transport Association (Iata) – the global representative body of the airline industry – has reported that global air cargo demand during March reached the highest level recorded since Iata started collecting such data in 1990. Demand in March was 4.4% higher than in March... 

Fast-paced innovation driving the space industry to new heights – KSAT

By: Donna Slater     4th May 2021 A much faster pace of innovation currently taking place in the space industry is driving a “new space revolution”, Kongsberg Satellite Services (KSAT) executive VP Arnulf Kjeldsen has said. Speaking during the 2021 SpaceOps Conference, on the topic of Commercial Ground Stations: New Space and... 

African miners note benefits of investing in renewables   

By: Marleny Arnoldi     4th May 2021 The mounting pressure by governments and investors on industries globally to reduce emissions, coupled with favourable economics and the need for reliable and cost efficient power, are increasingly nudging mining companies towards considering renewable energy. TSX- and LSE-listed gold miner... 

African miners note benefits of investing in renewables
Centamin CEO Martin Horgan discusses why miners operating in Africa need to consider renewables to power their operations. (Video: Kutlwano Matlala; Editing: Nicholas Boyd)

Desmond Maharaj resigns as AMSA CFO

By: Simone Liedtke     4th May 2021 Desmond Maharaj has resigned as CFO and executive director of steelmaker ArcelorMittal South Africa (AMSA) to pursue personal opportunities outside of the business. AMSA expects Maharaj to step down no earlier than July 31 and no later than September 30, giving it ample opportunity to identify... 

April new-vehicle sales show recovery is continuing, but supply problems loom large 

By: Irma Venter     4th May 2021 On paper, the South African new-vehicle market grew by an astounding 6 133.3% in April compared with the same month last year. However, this is not a fair comparison, as South Africa was in a hard Covid-19 induced lockdown during April last year, with only 574 units sold for the entire month. 

April new-vehicle sales show recovery is continuing, but supply problems loom large

DFFE denies enviro authorisation for a new 30-year ash disposal facility at Kendal

By: Schalk Burger     4th May 2021 The Department of Forestry, Fisheries and the Environment (DFFE) has refused an integrated environmental authorisation application by State-owned power utility Eskom to build a new 30-year ash disposal facility at the Kendal power station, in Emalahleni, Mpumalanga, on the basis of insufficient... 

Airbus demonstrates ground control of airborne mission system

By: Rebecca Campbell     4th May 2021 Airbus Defence and Space, part of the Europe-based global major aerospace group Airbus, has announced that it has successfully completed a flight test programme which has proven a new capability for its C295 FITS mission system. This new development is the ability for ground-based personnel to... 

BioTherm connects another wind farm to national grid

By: Tasneem Bulbulia     4th May 2021 Pan-African renewable energy project developer BioTherm Energy’s 120 MW Golden Valley Wind Energy Facility, in the Eastern Cape, has become the latest wind farm to be connected to the national grid. “We are pleased to announce the successful commissioning of all 48 wind turbine generators as the... 

BioTherm connects another wind farm to national grid
Golden Valley Wind Energy Facility

New chief technology officer to lead on ICT, technology at the PIC

By: Schalk Burger     4th May 2021 The Public Investment Corporation (PIC) has appointed Makano Mosidi as its new chief technology officer (CTO). Her mandate is to provide sound leadership in all aspects of the business’ information and communications technology (ICT), and leverage technology to position the PIC as a leading asset... 

Appetite for renewables remains strong, despite economic uncertainties

By: Simone Liedtke     4th May 2021 Despite ongoing economic uncertainties globally, investor appetite for renewables remains strong, with optioned renewable capacity increasing by 15% year-on-year in the nine months from January through to October 2020, compared with the same period the previous year. This sets a new record, juwi... 

John Deere names new dealers in Africa

By: Irma Venter     4th May 2021 Following an announcement to expand its construction lineup into new markets, John Deere has made public the first three construction and forestry dealers responsible for the Southern African region. These are AFGRI Equipment, Mascor and Senwes Equipment.  

John Deere names new dealers in Africa

Equites records solid full-year performance, despite challenging environment

By: Tasneem Bulbulia     4th May 2021 JSE-listed Equites Property Fund recorded a 2.4% increase in its yearly distribution a share. The increase in distributions was supported by a strong growth of 6.7% in South African like-for-like net rental income owing to a robust in force contractual lease escalation rate, coupled with no... 

Use of ruthenium in fuel cells set to turn down as green hydrogen trend turns up – Heraeus  

By: Martin Creamer     4th May 2021 The use of ruthenium in fuel cells is poised to decline in line with the growing trend towards the generation of green hydrogen. “We believe that the use of ruthenium in fuel cells will come down, as the trend to green hydrogen will bring with it purer feeds with less carbon monoxide impurities,... 

Use of ruthenium in fuel cells set to turn down as green hydrogen trend turns up – Heraeus
Heraeus Precious Metals executive VP Philipp Walter interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

MTN Rwandacell lists on the Rwanda Stock Exchange

By: Natasha Odendaal     4th May 2021 Telecommunications group MTN Rwandacell has become the first mobile network operator to list its shares on the Rwanda Stock Exchange (RSE). Crystal Telecoms’ shareholders now hold a direct 20% stake in MTN Rwanda and can trade their MTN Rwanda shares directly on the RSE as part of the May 4... 

Telkom launches new whistleblowing channels

By: Natasha Odendaal     4th May 2021 Telecommunications group Telkom has unveiled a new platform for the public to report any acts or suspected acts of fraud, corruption and irregular conduct within the organisation to ensure that it remains corruption- and fraud-free. As part of the group’s ethics and corporate governance... 

EPC contracts for Sukari solar project awarded

By: Simone Liedtke     4th May 2021 Gold miner Centamin has awarded engineering, procurement and construction (EPC) contracts for its 36 MW solar farm and 7.5 MW battery-energy storage system at the Sukari gold mine, in Egypt, to renewable energy specialist juwi Renewables and systems integrator company Giza Systems. juwi has been... 

EPC contracts for Sukari solar project awarded
The Sukari mine site, in Egypt

Germany to use hydrogen fuel cell trains on reactivated historic Heidekrautbahn line

By: Schalk Burger     4th May 2021 The German Federal Ministry of Transport has provided €25-million in funding for a project using green hydrogen in rail transportation in Brandenburg. The total cost of the project to connect the surrounding area with the metropolis of Berlin was €100-million, said Federal Transport Minister... 

Denel explosion: First witness takes stand as public inquiry into blast that killed 8 kicks off

By: News24Wire      4th May 2021 More questions than answers have surfaced surrounding the 2018 blast at the Rheinmetall Denel munitions plant in Somerset West in the Western Cape, which killed eight people. The first day of the public inquiry heard testimony from a former worker who revealed there was an urgency to mix... 

New insurance against cybercrime, data breaches will cover costs and damages

By: Schalk Burger     4th May 2021 Insurance technology start-up Surestart has developed an insurance offering for digital businesses and their customers that will cover the costs and damages caused by privacy breaches or network security breaches. Such items were previously uninsurable, says Surestart executive director Travys... 

Tourism dept designs SMME Workshop framework as part of economic reconstruction, recovery efforts

By: Yvonne Silaule     4th May 2021 The Department of Tourism has designed a small, medium-sized and microenterprise (SMME) Workshop framework with a restorative and regenerative approach to build economic activity. Tourism Deputy Minister Fish Mahlalela made the announcement during a recent visit to Mbombela, Mpumalanga, after... 

Online retails sales grew significantly in 2020

By: Schalk Burger     3rd May 2021 The rise in e-commerce amid movement restrictions induced by Covid‑19 increased online retail sales’ share of total retail sales from 16% to 19% in 2020, according to estimates in a report published by the United Nations Conference on Trade and Development (Unctad) on May 3. “These statistics... 

DP World Komatipoort handles its first direct imports from Maputo

By: Schalk Burger     3rd May 2021 Trade solutions multinational DP World has completed the first transit import through the DP World Maputo port, in Mozambique, to DP World Komatipoort, in South Africa. This is a significant milestone as it demonstrates that the Maputo port can be seamlessly used as a gateway to South Africa, the... 

Questions, concerns remain about Karpowership bids

By: Simone Liedtke     3rd May 2021 Opposition political party, the Democratic Alliance (DA) has called on Mineral Resources and Energy Minister Gwede Mantashe to provide more insight into the real basis of the Karpowership bids and to explain why the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) seems... 

Aspasa launches online explosives audit, encourages members to register qualified engineers

By: Simone Liedtke     3rd May 2021 Surface mining industry association the Aggregate and Sand Producers Association of Southern Africa (Aspasa) has launched an innovative and nonintrusive online explosives audit in its ongoing attempts to increase the safety and effectiveness of blasting operations at mines. Over the past three... 

DBSA infrastructure competition aims to fill gaps with youth’s ideas

By: Simone Liedtke     3rd May 2021 The Development Bank of Southern Africa (DBSA) has launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges. Young people aged between 18 and 35 are invited to submit... 

Samsung hits third BBBEE contribution status target

By: Marleny Arnoldi     3rd May 2021 Technology group Samsung has achieved its third successive Broad-Based Black Economic Empowerment (BBBEE) Level 1 contribution status. The company strongly believes in the transformative power of technology and innovation to effect societal change and says it is fully committed to empowering... 

Airlink restarts services to game lodges

By: Rebecca Campbell     3rd May 2021 South African private–sector regional airline Airlink announced on Monday that it was restarting operations linking Nelspruit’s Kruger Mpumalanga International Airport (KMIA) and Skukuza Airport to three safari lodge airstrips, situated at Arathusa, Londolozi and Phinda Private Game Reserve.... 

South African, African space industries set for large-scale growth – Sansa 

By: Donna Slater     3rd May 2021 The South African National Space Agency (Sansa) is set to grow by 100 times over what it is normally used to over the next two years as Africa expands its “Space Agenda” and space ambitions, Sansa CEO Dr Val Munsami has said. He gave the keynote address at the 2021 SpaceOps Conference, which... 

South African, African space industries set for large-scale growth – Sansa
Sansa CEO Dr Val Munsami

RMB concerned at rising food costs

By: Marleny Arnoldi     3rd May 2021 Rand Merchant Bank (RMB) says rapidly rising agricultural producer price inflation poses a conundrum for food manufacturers about whether to absorb these cost increases or pass them on to already financially constrained consumers. The bank’s commentary follows figures released in the Producer... 

French financier pledges support for Eskom’s ‘just energy transition’ strategy

By: Terence Creamer     3rd May 2021 South Africa’s electricity utility Eskom signed a memorandum of understanding (MOU) with development financier Agence Française de Développement (AFD) on Monday that includes a specific objective of creating a framework for cooperation and collaboration on Eskom’s evolving ‘just energy... 

French financier pledges support for Eskom’s ‘just energy transition’ strategy
The Komati power station

Opinion: Curbing illegal capital flight would unlock resources for infrastructure

3rd May 2021 In this opinion article, Bongani Mankewu contrasts the strong resource mobilisaiton framework associated with President Joe Biden’s infrastructure plan with South Africa’s far less assertive handling of illicit financial flows (IFF) to help secure resources for its own plan. South Africa’s... 

R5.4bn new SAB empowerment scheme to list on the JSE at the end of May  

By: Marleny Arnoldi     3rd May 2021 Following a successful employee share scheme that South African Breweries (SAB) had been running since 2010, the beermaker on May 3 officially launched its new broad-based black economic empowerment (BBBEE) scheme – Zenzele Kabili. The new scheme will be listed on the JSE by the end of May and... 

R5.4bn new SAB empowerment scheme to list on the JSE at the end of May

Nasa’s Mars helicopter exceeds expectations and is assigned new mission

By: Rebecca Campbell     3rd May 2021 The US National Aeronautics and Space Administration (Nasa) has announced that its Ingenuity Mars drone helicopter has proven so successful that it has been assigned a new mission. Originally intended to be purely a technology demonstrator, to establish that powered and controlled flight was... 

Nasa’s Mars helicopter exceeds expectations and is assigned new mission
Photo by Nasa
The Ingenuity drone helicopter (centre-left) sitting on the Martian surface, photographed by the Perseverance rover (part of which is visible on the right)

Waspa elects new chairperson, office bearers for 2021

By: Creamer Media Reporter      3rd May 2021 The Wireless Application Service Providers' Association (Waspa) has elected BaspaDE Attorneys founding director and long-standing board member Anthony Ekerold as its new chairperson. Ekerold, who previously served as Waspa vice chairperson between 2013 and 2017, as chairperson in 2018 and as... 

Absa PMI declines slightly, but all five subcomponents in positive territory

By: Schalk Burger     3rd May 2021 The Absa Purchasing Managers’ Index (PMI) for April decreased slightly to 56.2 index points, from 57.4 in March. The PMI was, however, 2.5 points higher than the average recorded in the first quarter of this year and 26 points higher than the PMI for April 2020. 

Enza Construction acquires rail rehabilitator Tractionel Enterprise

By: Marleny Arnoldi     3rd May 2021 Construction company Enza Construction has completed the acquisition of Tractionel Enterprise, an electrical infrastructure construction company in South Africa. Tractionel Enterprise has since 1982 been specialising in electrical infrastructure projects, with a focus on railway and power... 

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