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Latest News

National collaboration essential to win share of green hydrogen market, say debaters  

By: Martin Creamer     13th September 2021 South Africa’s early mover advantage in green hydrogen would fade and become ineffective over time without a collaborative, collective and holistic national approach that assures the export of green hydrogen over and above its domestic use. That was the strong message that came across in the... 

Zimbabwe utility to cut power by 12 hours a day amid shortage

By: Bloomberg     13th September 2021 The Zimbabwe Electricity Transmission and Distribution said Sunday it has begun daily 12-hour power cuts due limited generation at its thermal plant and repairs on the dam at Kariba Hydro Power Station. The company “is experiencing a power shortfall due to generation constraints at Hwange Power... 

ArcelorMittal to triple iron-ore production in Liberia

By: Reuters     13th September 2021 ArcelorMittal signed an agreement on Friday to stay for at least 25 more years in Liberia, where it will at least triple its iron-ore production and invest an additional $800-million, the company's executive chairman and Liberia's president said. Annual production will increase to 15-million... 

An image of heavy haul trucks operating in Liberia.

President loosens Covid-19 curbs, shortens curfew

By: Reuters     12th September 2021 South Africa will ease Covid-19 restrictions, including by shortening a nationwide curfew and extending the hours of alcohol sales, President Cyril Ramaphosa said in a televised address on Sunday. Ramaphosa announced the country would move down one level in a five-tier system of restrictions,... 

A photo of President Cyril Ramaphosa
President Cyril Ramaphosa

Competition Commission advances efforts to mitigate price gouging during pandemic  

By: Tasneem Bulbulia     10th September 2021 The Covid-19 pandemic has led to a spike in price gouging and complaints from customers, and the Competition Commission of South Africa had to, and continues to, focus efforts on mitigating this situation, and has learnt several lessons from this. This was indicated during the a webinar hosted by... 

An image of Competition Commission Litigation manager
Competition Commission Litigation manager Candice Slump outlines the CC‘s legal and practical approach to price gouging during the pandemic.

Asata welcomes digital Covid-19 vaccination certificate initiative

By: Marleny Arnoldi     10th September 2021 The Association Of Southern African Travel Agents (Asata) is optimistic about the announcement by Health Minister Dr Joe Phaahla that South Africa will roll out digital vaccine certificates for vaccinated South Africans. The Minister announced that vaccinated South Africans will be able to... 

ABB, MEDATech to jointly explore decarbonisation solutions

By: Simone Liedtke     10th September 2021 Automation company ABB has signed a memorandum of understanding with Canadian engineering consultancy MEDATech to jointly explore solutions to decarbonise mining operations through charging solutions and optimised electric drive systems in battery electric vehicles (BEVs) for heavy-duty... 

Comair benefiting from resumption in flights, R270m in capital inflows 

By: Simone Liedtke     10th September 2021 Following the resumption of scheduled flight operations on September 1, Comair reached another milestone in the business rescue process with capital inflows of R270-million.  Flights were resumed at the start of this month after a temporary suspension as a result of Level 3 Covid-19 travel... 

Green Connection calls for scrapping of the RMIPPPP

By: Marleny Arnoldi     10th September 2021 Nonprofit organisation Green Connection believes the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) has failed in its objective to get power onto the grid. Green Connection strategic lead Liziwe McDaid says the Department of Mineral Resources and Energy ought to scrap... 

Broadening ESG has provided clear paths to economic benefit – Sibanye-Stillwater  

By: Martin Creamer     10th September 2021 Sustainability is not a function of compliance but rather a strategic imperative to change the role that mining plays in society and in economies, says Sibanye-Stillwater senior vice-president and head of sustainability Loyiso Ndlovu. “We do this by sticking to the knitting in being miners, and... 

Sibanye Investor Day 2021
Sibanye-Stillwater Investor Day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Public invited to participate in pre-budget consultations

By: Simone Liedtke     10th September 2021 The National Treasury is inviting members of the public to participate in pre-budget consultations in an effort to return public finances to a sustainable position through ongoing restraint in expenditure growth and implementation of structural reforms to support economic growth. This forms part... 

Municipalities improve on underspending in 2020/21

By: Marleny Arnoldi     10th September 2021 The National Treasury has noted, in a preliminary quarterly report, that municipalities spent 91.9% of the total adjusted expenditure budget that was afforded to local government in the 2020/21 financial year. Municipalities spent R446-billion of the allocated R485-billion for the financial... 

Motheo Construction appoints Gregory Mofokeng nonexec director

By: Simone Liedtke     10th September 2021 South African construction company Motheo Construction has appointed Gregory Mofokeng as a nonexecutive director. Mofokeng is currently involved with voluntary industry associations such as the Black Business Council in the Built Environment and the Construction Alliance South Africa, as well as... 

PIC OF Gregory Mofokeng
Gregory Mofokeng

Fritz to depart Mercedes-Benz SA, Raine announced as successor 

By: Irma Venter     10th September 2021 Mercedes-Benz South Africa (MBSA) has announced that co-CEO and Mercedes-Benz Cars executive director Johannes Fritz will be moving back to Germany to head up Mercedes-Benz Cars and Vans in Bavaria, one of the largest sales regions in the German market.  “Fritz, who spent four years in South... 

Image of MBSA co-CEO Mark Raine
Mark Raine

Govt to launch digital vaccination certificate – Joe Phaahla 

By: Thabi Madiba     10th September 2021 The Department of Health has announced the development of a digital vaccination certificate, which will show proof of vaccination. Health Minister Dr Joe Phaahla said this initiative is in line with the World Health Organisation-initiated vaccination certificate, which the WHO is using in an... 

Image of South African Health Minister Dr Joe Phaahla
Health Minister Dr Joe Phaahla

Sinovac in talks about setting up South Africa vaccine production, partner says

By: Reuters     10th September 2021 China's Sinovac Biotech is in talks about setting up a vaccine production facility in South Africa with its local partner, the chief executive of Numolux said on Friday. Hilton Klein made the comments at the launch of the South African leg of a global Phase III trial of Sinovac's Covid-19 vaccine... 

Angola’s modest oil output goal reveals a truth on global supply

By: Bloomberg     10th September 2021 Want proof of how hard it is for some oil-producing countries to lift supply? Look no further than the west African nation of Angola. State Secretary for Petroleum and Gas Jose Barroso said Thursday that the country aims to keep production above 1.1-million barrels a day in the coming years. 

Bell Equipment to launch self-driving truck in 2022 

By: Irma Venter     10th September 2021 Bell Equipment will launch its first autonomous articulated dump truck (ADT) on the global market next year, says Bell Equipment CEO Leon Goosen. The truck will also be available in South Africa. 

Image of Bell ADT trucks
The Bell ADT

Opinion: African power project boon?

10th September 2021 In this opinion piece, law firm Bowmans head of banking and finance Shamilah Grimwood-Norley, writes about the power supply challenges in Africa and how governments are increasingly looking to private sector investment to improve electricity supply. 

A photo of Bowmans head of banking and finance Shamilah Grimwood-Norley
Bowmans head of banking and finance Shamilah Grimwood-Norley

Developments in SA's automotive industry  

10th September 2021 Engineering News Senior Deputy Editor Irma Venter tells Creamer Media's Chanel de Bruyn about the progress Ford South Africa is making at its Pretoria plant in preparation for the start of production of the next-generation Ranger bakkie, as well as about how German car manufacturer BMW has... 

Image of Irma Venter
Developments in SA's automotive industry

Iron-ore set for second weekly loss on China demand collapse

By: Reuters     10th September 2021 Iron-ore futures in top steel producer China dropped on Friday to head for a second consecutive weekly loss, with the benchmark Dalian price hovering near its lowest in seven months on fears of more steel production curbs. The most-traded January iron-ore on the Dalian Commodity Exchange ended... 

Sapia warns South Africa’s refinery fleet could quickly become obsolete under new regulations

By: Tasneem Bulbulia     10th September 2021 Industry body the South Africa Petroleum Industry Association (Sapia) says in a statement that it has received confirmation from the Department of Mineral Resources and Energy (DMRE) that the new regulations regarding Petroleum Products Specification and Standards have been gazetted. These... 

An image of a petrol station
Photo by Adobe
New regulations regarding Petroleum Products Specification and Standards have been gazetted

Airlink, Roll-Royce sign service agreement

By: Creamer Media Reporter      10th September 2021 Engineering company Rolls-Royce and South African airline Airlink have signed a TotalCare service agreement for the AE3007 engines that power the airline’s fleet of Embraer ERJ135 aircraft. The agreement, which covers 28 aircraft, is an extension of service for a further ten years, continuing the... 

Caterpillar expanding its hydrogen solutions portfolio

By: Simone Liedtke     10th September 2021 NYSE-listed construction machinery and equipment company Caterpillar will begin offering Cat generator sets capable of operating on 100% hydrogen, including fully renewable green hydrogen, on a design-to-order basis from later this year. More immediately, however, the company says, it will soon... 

Water Tribunal dismisses appeal against granting of Elandsfontein water-use licence

By: Creamer Media Reporter      10th September 2021 Emerging African phosphate explorer and developer Kropz says the Water Tribunal has dismissed an appeal against the granting of an integrated water-use licence (WUL) for the Elandsfontein project. Following the granting of the WUL by the Department of Water and Sanitation in April 2017, an appeal... 

Magazine round up | 10 September 2021 

10th September 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Image of Magazine cover
Magazine round up | 10 September 2021

ABB launches new Digital Solutions Centre in Johannesburg

By: Simone Liedtke     9th September 2021 Automation company ABB on September 9 unveiled its new South African Digital Solutions Centre, which aims to help companies across industries to overcome their most pressing technology and digitalisation challenges. The centre, which is based at ABB’s Longmeadow facility, in Johannesburg, gives... 

Pic/Image of ABB's new South African Digital Solutions Centre
ABB's new South African Digital Solutions Centre

July manufacturing output decreases 4.1% y/y, 8% m/m

By: Simone Liedtke     9th September 2021 Data released by Statistics South Africa (Stats SA) shows that South Africa’s manufacturing production decreased by 4.1% year-on-year and by 8% month-on-month in July. This, the Steel and Engineering Federation of Southern Africa (Seifsa) says, largely reflects the negative impact of civil unrest... 

Quality of life in Gauteng declines amid pandemic, survey finds   

By: Tasneem Bulbulia     9th September 2021 Research institute the Gauteng City-Region Observatory’s (GCRO’s) Quality of Life (QoL) Survey for 2020/21 finds that the quality of life in the province decreased considerably since the previous study; however, this must be understood in the context of the pandemic. The GCRO is a partnership... 

An image showing a slide from a webinar unpacking the Gauteng City-Region Observatory’s Quality of Life Survey for 2020/21
Gauteng City-Region Observatory Research Strategy director Graeme Götz outlines findings regarding the decrease of overall quality of life in the GCRO’s 2020/21 survey

DNG welcomes postponement of hearing into Karpowership's RMIPPPP award

By: Chanel de Bruyn     9th September 2021 Gas-to-power solutions provider DNG Energy has welcomed the decision of the Hight Court in Pretoria to grant its request for the postponement of an application to have the selection of Karpowership South Africa as a preferred bidder in the Risk Mitigation Independent Power Producer Procurement... 

South Africa’s record current-account surplus misses estimates

By: Bloomberg     9th September 2021 South Africa’s current-account surplus for the second quarter missed estimates even as it widened to a record amid improving economic activity and growing exports following the easing of restrictions to curb the spread of Covid-19. The balance on the current account, the broadest measure of trade... 

South Africa set to ease virus curbs as new infections slow

By: Bloomberg     9th September 2021 South Africa’s government is preparing to ease restrictions that were imposed to curb the spread of the coronavirus after a sustained slowdown in new infections. Larger public gatherings are likely to be permitted, making it easier for political parties to campaign for upcoming municipal... 

Armscor gets unqualified audit from Auditor-General

By: Rebecca Campbell     9th September 2021 The Armaments Corporation of South Africa, much better known as Armscor, reported on Thursday that it had been awarded an unqualified audit by the Auditor-General of South Africa. Armscor is the acquisition agency for the country’s Department of Defence. The audit was for the year ending March... 

Policy improvements needed to scale up global wind energy installations – GWEC

By: Simone Liedtke     9th September 2021 While offshore wind capacity grew steadily in 2020, the Global Wind Energy Council (GWEC) advises that governments will need to act decisively to improve policy in order to scale up installations at the pace required to help the world meet its carbon emissions targets and avoid the worst effects... 

Investec lists on A2X

By: Marleny Arnoldi     9th September 2021 Asset manager Investec and Investec Limited have been approved for secondary listings on A2X Markets.  Investec is an Anglo-South African international banking and wealth management group listed on the JSE and the LSE, while Investec Limited is listed on the JSE, as well as the Botswana and... 

MTN partners with Flutterwave in new mobile money partnership

By: Natasha Odendaal     9th September 2021 Information and communications technology group MTN has partnered with payments technology company Flutterwave to enable Flutterwave business customers to use MTN Mobile Money (MoMo) as a payment method. This means that businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda... 

World nuclear energy use to grow over next 20 years, requiring increased uranium mining

By: Rebecca Campbell     9th September 2021 The World Nuclear Association (WNA) has forecast that worldwide nuclear energy generation capacity will grow by 2.6% a year over the next 20 years. The prediction is contained in the WNA publication The Nuclear Fuel Report: Global Scenarios for Demand and Supply Availability 2021-2040, which was... 

An image of drill rigs exploring for uranium
Uranium mining and production at Katko, in Kazakhstan.

Eskom unbundling fails to cut solvency risk, Futuregrowth says

By: Bloomberg     9th September 2021 Futuregrowth Asset Management said that despite efforts to make South Africa’s Eskom Holdings profitable, including a process of unbundling its divisions into separate entities, “the core problem of debt” has yet to be addressed. The utility that reported a fourth straight full-year loss on Aug.... 

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