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Latest News

Natural gas is the rich world’s new coal

By: Bloomberg     9th September 2020 Even the cleanest fossil fuel is losing its appeal to rich nations. Just a few years ago, natural gas was hailed as vital for the transition toward an economy that runs on renewable energy. But sentiment is changing and the fuel is going the same way as coal, its dirtier sibling shunned by... 

Data key to long-term optimisation, says SAIMC's first-ever female president 

By: Simone Liedtke     9th September 2020 Describing data as the “new oil” or “new water” of the world, Society for Automation, Instrumentation, Mechatronics and Control (SAIMC) president Annemarie van Coller has emphasised the importance of changing data from “just data to insights”. Speaking during an automation-themed webinar hosted... 

Data key to long-term optimisation, says SAIMC's first-ever female president
SAIMC president Annemarie van Coller gives viewers some insight into the data journey. Video: Creamer Media's Kutlwano Matlala. Editing: Creamer Media's Nicholas Boyd.

Infrastructure projects fail when procurement is pursued administratively rather than strategically 

By: Terence Creamer     9th September 2020 An analysis of public infrastructure delivery in South Africa, prepared for consideration by the National Planning Commission (NPC), identifies the quality of procurement and client-delivery management as the main differentiators between those projects that have succeeded in recent years and... 

Infrastructure projects fail when procurement is pursued administratively rather than strategically

Renewables sentiment accelerated by pandemic, but ‘survival mode’ stands in way

By: Marleny Arnoldi     9th September 2020 Global lockdowns have highlighted the need for universal clean electrification as the natural environment has seemed to "rejuvenate spectacularly" in the wake of reduced human activity, offering a glimpse of what a cleaner world could look like, says global consultancy Kearney. The Covid-19... 

Renewables sentiment accelerated by pandemic, but ‘survival mode’ stands in way

Zimbabwe bans mining in wildlife parks

By: Reuters     9th September 2020 Zimbabwe's government has banned mining in game reserves following concerns from conservationists who accused two Chinese companies of exploring for coal in the biggest national park, Hwange. Hwange, in western Zimbabwe, is home to the country's biggest elephant herd - more than 40,000, large... 

FMF appoints chairperson and deputy

By: Donna Slater     9th September 2020 The Free Market Foundation (FMF) has elected Lawrence Mavundla chairperson during its first meeting of the new board following its election at the FMF annual general meeting on July 29. He is supported by deputy chairperson Johanna McDowall.  

FMF appoints chairperson and deputy
Free Market Foundation chairperson Lawrence Mavundla

Two unions demand investigations into senior SAA Technical officials

By: Rebecca Campbell     9th September 2020 In a joint statement, the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) have demanded urgent investigations into two high-ranking individuals at South African Airways Technical (SAAT). SAAT is the specialist maintenance, repair and... 

Tourism body calls for reopening of borders

By: Tasneem Bulbulia     8th September 2020 Tourism has the potential to reignite South Africa’s ailing economy, but to do so, it requires more than support from South Africans, not least government giving the green light for reopening the country's borders, says umbrella body the Tourism Business Council of South Africa (TBCSA). Citing... 

Automotive training programme resumes

By: Tasneem Bulbulia     8th September 2020 The Eastern Cape Development Corporation (ECDC), in partnership with automotive sector enterprise development company Filpro, has resumed its R2-million support programme aimed at growing the competitiveness of 137 informal automotive mechanics in Mdantsane, outside East London. Launched in July... 

Commenters call for an end to lockdown as second-quarter GDP contracts sharply 

By: Tasneem Bulbulia     8th September 2020 South Africa’s real gross domestic product (GDP) decreased by just over 16% between the first and second quarters, resulting in an annualised growth rate of ‑51%. This has extended the economic recession into its fourth quarter. 

Prize potentially large in platinum fuel cell and hydrogen growth – prof   

By: Martin Creamer     8th September 2020 Significant growth in fuel cells and hydrogen is now almost certain and the prize for South Africa remains potentially large. That is the view of E4tech director Professor Dr David Hart of Switzerland, expressed in an address to a fuel cell webinar hosted by Nedbank CIB on Tuesday. (Also watch... 

Prize potentially large in platinum fuel cell and hydrogen growth – prof
Nedbank CIB fuel cell webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

4IR a ‘unique opportunity’ for Africa to overcome development hurdles 

By: Simone Liedtke     8th September 2020 The Fourth Industrial Revolution (4IR) represents a unique opportunity for African countries to scale development hurdles with the help of technologies, electronics manufacturer Pepperl+Fuchs Africa sales director Marc van Pelt said on September 8. He spoke during an automation-themed webinar,... 

4IR a ‘unique opportunity’ for Africa to overcome development hurdles
Pepperl+Fuchs Africa sales director Marc van Pelt gives us some more insight into how the Fourth Industrial Revolution represents a unique opportunity for Africa, and South Africa. Video: Creamer Media's Kutlwano Matlala. Editing: Creamer Media's Nicholas Boyd.

juwi sponsors employee’s 7 000 km solo Atlantic rowing endeavour

By: Donna Slater     8th September 2020 Departing in December, Capetonian Zirk Botha – a former naval combat officer and adventure racer – will undertake a 7 000 km solo rowing trip from Cape Town to Rio de Janeiro, in Brazil, with renewable energy company juwi Renewable Energies South Africa sponsoring his feat. Botha, who also works... 

juwi sponsors employee’s 7 000 km solo Atlantic rowing endeavour
juwi economic development manager Zirk Botha with his boat - Ratel - at the False Bay Yacht Club.

Work on Tshwane auto SEZ in full swing after Covid-19 lockdown 

By: Irma Venter     8th September 2020 Work on the R3.4-billion Tshwane Automotive Special Economic Zone (TASEZ) is forging ahead following delays owing to the Covid-19 pandemic, with clearing of the site, groundworks and the installation of bulk infrastructure underway. The public-private partnership (PPP), located next to the Ford... 

Work on Tshwane auto SEZ in full swing after Covid-19 lockdown

German development bank sponsors TVET lecturer training centre

By: Marleny Arnoldi     8th September 2020 Germany-based KfW Development Bank has signed an agreement with the Department of Higher Education and Training (DHET) to establish an in-service skills development centre for technical and vocational education and training (TVET) lecturers, at the Ekurhuleni East College. The agreement, which... 

Locally-produced fuel cells being used by army field hospital  

8th September 2020 From Creamer Media in Johannesburg, this is the Real Economy Report. Sashnee Moodley: 

Locally-produced fuel cells being used by army field hospital

Bell sees recovery following Covid-19, parts ways with John Deere 

By: Irma Venter     8th September 2020 Bell Equipment’s plants are currently operating at roughly 70% of pre-Covid-19 levels, says Bell Equipment CEO Leon Goosen. The South African operation at Richards Bay is running a little bit below this average, however, as it had stocked up on inventory prior to the pandemic in anticipation of a... 

Bell sees recovery following Covid-19, parts ways with John Deere
Leon Goosen

Truck booking systems paying off as congestion around Durban port eases

By: Marleny Arnoldi     8th September 2020 A newly introduced truck booking system near the Port of Durban has helped to alleviate truck congestion in the Bayhead Precinct and surrounding roads. Transnet National Ports Authority (TNPA) explains in a statement that a private bulk terminal in the Island View Precinct introduced the... 

Truck booking systems paying off as congestion around Durban port eases
Truck booking system

British and African researchers to work on Covid-19-related projects funded by the UK

By: Rebecca Campbell     8th September 2020 The UK has allocated £7.2-million to fund 20 new research projects to help poor countries deal with the effects of the Covid-19 pandemic on their most vulnerable populations, including children and refugees. The countries concerned are in Africa and Asia (including the Middle East) and the... 

South African economy contracts 51% q/q in Q2 

By: Reuters     8th September 2020 South Africa’s gross domestic product contracted by 51.0% quarter on quarter in the second quarter of 2020, the fourth contraction in a row, data from the statistics agency showed on Tuesday. GDP shrank 17.1% year on year in the three months to the end of June, reflecting the impact of the... 

South African economy contracts 51% q/q in Q2

140 UK, KwaZulu-Natal companies to participate in online trade mission

By: Yvonne Silaule     8th September 2020 About 140 companies from the UK and KwaZulu-Natal will be participating in a virtual online trade mission, which will be led by Tourism and Environmental Affairs MEC Nomusa Dube-Ncube. “Following the onset of Covid-19 and the limitations on international travel, the department has embarked on an... 

Port of PE weathers Covid-19 to support bumper fruit season

By: Tasneem Bulbulia     8th September 2020 In the midst of the record citrus export season, Transnet National Ports Authority’s (TNPA's) Nelson Mandela Bay ports have successfully complemented the Port of Cape Town, which was negatively affected by Covid-19, TNPA says. Apart from handling the citrus fruit at the Port of Port Elizabeth’s... 

Port of PE weathers Covid-19 to support bumper fruit season
Sujit Bhagattjee

Aspen concludes sales agreement for thrombosis business

By: Donna Slater     8th September 2020 Pharmaceuticals manufacturer Aspen’s wholly-owned Mauritius-incorporated subsidiary Aspen Global Incorporated (AGI) has concluded an agreement in terms of which Mylan Ireland will acquire the commercialisation rights and related intellectual property of Aspen’s Thrombosis business in Europe for... 

Defy lauded for innovative locally-made ventilator

By: Marleny Arnoldi     8th September 2020 Appliance manufacturer Defy has been internationally recognised for its role in a project to provide innovative life-saving ventilators. The ventilators are designed and manufactured by South African engineers.  

Defy lauded for innovative locally-made ventilator
Defy's Impilo ventilator

Transnet suspends Durban berth deepening project while investigation continues

By: Donna Slater     8th September 2020 Following concerns about procurement and governance processes for the berth-deepening project at the Port of Durban, State-owned Transnet has suspended the main marine contract for the project while an investigation gets under way. Transnet says the concerns have the potential to impact the... 

New Seychelles airline to launch as cargo carrier, due to pandemic

By: Rebecca Campbell     8th September 2020 Private-sector start-up airline Seychelles International Airways (SIA) has announced that it will commence operations on September 10 as a cargo-only carrier, because of the Covid-19 pandemic. It will initiate its services with a four-engined Airbus A340-600, it announced in a press conference,... 

Covid-19 TERS payments extended until September 15 

By: Tasneem Bulbulia     8th September 2020 Following negotiations at the National Economic Development and Labour Council and the signing of the direction to that effect by Employment and Labour Minister Thulas Nxesi, the Covid-19 Temporary Employer/Employee Relief Scheme has been extended until September 15. “With the lockdown for some... 

Covid-19 TERS payments extended until September 15
Photo by Creamer Media
Employment and Labour Minister Thulas Nxesi

AfDB joins African Green Revolution Forum as sponsor for virtual event

By: Tasneem Bulbulia     8th September 2020 Finance institution the African Development Bank (AfDB) is returning as a partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – being held online for the first time in light of the Covid-19 pandemic. The tenth yearly AGRF, being held from September 8 to... 

Moolgem sells Limpopo property to Depoway

By: Tasneem Bulbulia     8th September 2020 Moolgem has agreed to sell the Jane Furse Crossing rental enterprise, in Limpopo, to Depoway as a going concern for R174-million. Moolgem is a subsidiary of Cumulative Properties, which is a wholly-owned subsidiary of JSE-listed Arrowhead Properties. 

VH Fibre Optics repositions to bridge the connectivity gap in South Africa

By: Creamer Media Reporter      8th September 2020 VH Fibre Optics, part of Alviva Holdings, is expanding its portfolio and repositioning its offerings toward closing the availability gap of fast and stable connectivity in rural and semi-rural areas. The group will deliver an end-to-end offering and new solutions that bring cost-effective... 

Hydrogen economy elevating platinum as store-of-value precious metal – WPIC

By: Martin Creamer     8th September 2020 The hydrogen economy is elevating platinum as a precious metal with long-term store of value, the World Platinum Investment Council (WPIC) said today. The latest edition of WPIC’s Platinum Quarterly states that an evolving global sea-change in the environment debate may also be at play in... 

Hydrogen economy elevating platinum as store-of-value precious metal – WPIC
Green hydrogen in approved country strategies.

Low-priced platinum outperforming gold as investor sentiment turns positive – WPIC

By: Martin Creamer     8th September 2020 Gold grabs the headlines and platinum less so but it is interesting to note that the platinum price has surged by a far bigger percentage than gold. Increased global risk due to the Covid-19 pandemic has driven strong investor demand for gold as a risk hedge, with gold ETF holdings up over 20%,... 

Low-priced platinum outperforming gold as investor sentiment turns positive – WPIC
WPIC's Trevor Raymond

SANEDI continues roll-out of cool roofs solution

By: Tasneem Bulbulia     7th September 2020 While South Africa’s energy supply continues to fall short, government organisation the South African National Energy Development Institute (SANEDI) says it looks forward to continuing its roll out of an energy efficient cooling solution – known as ‘cool roofs’. Cool roofing involves the coating... 

Bell Equipment notes signing of MoU between IA Bell, John Deere

By: Donna Slater     7th September 2020 South African equipment manufacturer Bell Equipment has been advised that shareholders, including IA Bell (38.7%) and John Deere (31.4%) have signed a nonbinding memorandum of understanding (MoU) regarding a possible purchase of John Deere’s shareholding in Bell Equipment, by IA Bell. The... 

Kibo's UK subsidiary to acquire 9 MW flexible gas power project

By: Schalk Burger     7th September 2020 Africa-focused energy company Kibo Energy's wholly owned UK subsidiary Sloane Developments will acquire a production-ready 9 MW flexible power project. The acquisition in line with Kibo's strategy to acquire and develop a portfolio of small-scale flexible power generation assets that will help... 

EIUG appoints Mondi as new CEO 

By: Terence Creamer     7th September 2020 The Energy Intensive Users Group (EIUG), whose mining and manufacturing members account for over 40% of the electrical energy consumed in South Africa, announced the appointment of Fanele Mondi as its new CEO. Prior to joining the EIUG, Mondi worked at Eskom for over 23 years, 12 years of which... 

EIUG appoints Mondi as new CEO
Fanele Mondi

Sapema talks respiratory legalities for manufacturers, procuring companies

By: Marleny Arnoldi     7th September 2020 Selecting the correct respirator is crucial for the correct protection level depending on what hazards one is exposed to. Ensuring that you choose the correct supplier or distributor for your respiratory products is now also more important now ever because of the Covid-19 pandemic, the Southern... 

Eskom launches new ‘system status’ portal in bid to begin bolstering transparency 

By: Terence Creamer     7th September 2020 South Africa’s electricity utility Eskom has added a new page to its website through which it is providing information relating to the status and performance of the power system, including the use of load-shedding as a mechanism to stabilise the national electricity grid. The webpage, which bears... 

Eskom launches new ‘system status’ portal in bid to begin bolstering transparency
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