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Latest News

Necsa starts process to replace venerable Safari-1 reactor

By: Rebecca Campbell     13th May 2022 The South African Nuclear Energy Corporation (Necsa) has, with the approval of Cabinet, started the process that should result in it acquiring a new nuclear research reactor, to replace its current Safari-1 research reactor. The new reactor, dubbed the multipurpose reactor (MPR), would, like... 

South Africa sets plans to cash in on revived national carrier

By: Bloomberg     12th May 2022 South Africa’s government has retained special voting rights in the country’s national carrier even after selling a majority stake, and will be given R3-billion in preference shares that can be redeemed through future cashflow. That means the state stands to benefit should new owner, the Takatso... 

KZN Treasury approves flood relief fund for rural businesses, informal traders

By: Yvonne Silaule     12th May 2022 The KwaZulu-Natal Treasury has approved the reprioritisation of R67.5-million in funding to the province’s Department of Economic Development, Tourism and Environmental Affairs to provide relief for township and rural businesses, as well as informal traders affected by the recent floods. Premier... 

Manufacturing output down 0.8% year-on-year in March

By: Reuters     12th May 2022 South Africa's manufacturing output was down 0.8% year on year in March after rising by a revised 0.7% in February, the statistics agency said on Thursday. Factory production rose 0.6% month on month in March, Statistics South Africa said. 

DBSA, IDC and NEF team up to mobilise finance for just transition to low-carbon economy 

By: Terence Creamer     12th May 2022 The CEOs of three leading South African development finance institutions (DFIs) have established a collaborative platform, known as the DFI CEOs Forum, that aims to support the financing of the country’s just transition to a low-carbon economy and climate resilient society by 2050. Led by... 

Workers installing solar panels

SAB, AB InBev reiterate commitment to investing in South Africa

By: Darren Parker     12th May 2022 Despite the negative impact of the lockdown-related alcohol bans in South Africa – particularly in 2020 – beer maker South African Breweries (SAB) CEO Richard Rivett-Carnac and parent company Anheuser-Busch InBev (AB InBev) CEO Michel Doukeris have reiterated the group’s commitment to investing... 

Beer bottles being manufactured

Didiza highlights benefits of agriculture, agroprocessing masterplan

By: Tasneem Bulbulia     12th May 2022 Agriculture, Land Reform and Rural Development Minister Thoko Didiza on May 12 tabled the department’s policy and 2022/23 budget. Speaking at a pre-Budget Vote media briefing, Didiza outlined a budget of R17.3-billion, which would further enable the department to support food security through a... 

Rigid and strict medical evaluations excluding vulnerable entrepreneurs in drone sector

By: Donna Slater     12th May 2022 A challenge to entering the drones industry as an entrepreneur or business person, especially to people from disadvantaged backgrounds, is the necessity to pass in-depth medical examinations, says drone specialised services company Ntsu Aviation founder Sam Twala. Drone pilots applying for a... 

AVEVA commits to net-zero Scope 1 and 2 emissions by 2030; net-zero Scope 3 emissions by 2050

By: Schalk Burger     12th May 2022 Industrial software provide AVEVA has committed to achieving net-zero Scope 1 and 2 emissions by 2030 and to have net-zero Scope 1,2 and 3 emissions by 2050, AVEVA Europe, Middle East and Africa global head of digital acceleration Michele Cacciari said this week. "A proper sustainability message... 

Takatso welcomes Treasury’s support for SAA deal

By: Schalk Burger     12th May 2022 The Takatso Consortium on May 12 said it welcomed Finance Minister Enoch Godongwana’s public support for its acquisition of a 51% interest in South African Airways (SAA), signalling a firm commitment from government to conclude the transaction. Takatso would inject R3-billion into the airline... 

PwC study shows African governments focusing on expanding the tax net

By: Schalk Burger     12th May 2022 Within Africa, governments continue to focus on expanding the tax net by improving revenue collection through efficient compliance systems and procedures. Assurance, tax and advisory services company PwC Africa has observed that revenue authorities also continue to take a keen interest in... 

Study shows potential of off-grid anaerobic biogas energy in South Africa – SANEDI

By: Schalk Burger     12th May 2022 A study, commissioned by the South African National Energy Development Institute (SANEDI), has uncovered the untapped potential for a micro-digester sector to aid in climate mitigation and the green circular economy, and showed that the sector has significant opportunity to grow if it can... 

Cabinet approves LPG rollout strategy

By: Creamer Media Reporter      12th May 2022 Cabinet has approved a new liquefied petroleum gas (LPG) rollout strategy for implementation. The strategy, which was published for public consultation in March, seeks to expand the domestic industry and contribute to the diversification of sources of energy, Minister in the Presidency Mondli... 

LPG bottles

Tight global paper markets give Sappi a boost

By: Tasneem Bulbulia     12th May 2022 Pulp and paper company Sappi recorded a strong performance in the quarter ended March 31 – the second quarter of its 2022 financial year. It was able to weather headwinds to improve earnings before interest, taxes, depreciation and amortisation (Ebitda) by 201% year-on-year and by 40%... 

An image showing the Sappi Saiccor Mill
Sappi Saiccor Mill

DA wants State of Disaster declared on Eskom 

By: Sane Dhlamini     12th May 2022 Democratic Alliance Shadow Minister of Public Enterprises Ghaleb Cachalia on Thursday called for a State of Disaster to be declared on power utility Eskom following a heavy run of load-shedding this year. The DA has also written to Presidency Director-General Phindile Baleni requesting a State of... 

Image of DA Shadow Minister of Public Enterprises Ghaleb Cachalia
DA Shadow Minister of Public Enterprises Ghaleb Cachalia

Eskom says power cuts to resume on Thursday

By: Reuters     12th May 2022 Power utility Eskom will again implement rotational power cuts from 117:00 to 22:00 on Thursday, as it struggles with breakdowns at its generating units. Eskom said in a statement the outages will be under Stage 2, which requires up to 2 000 MW to be cut from the national grid. 

Eskom power lines

JDA terminates contracts with underperforming service providers

By: Schalk Burger     12th May 2022 As a result of several project delays and poor workmanship, the Johannesburg Development Agency (JDA) has terminated the contracts of some of its service providers, and the process of appointing new contractors for the projects is currently under way. Most of the projects are expected to resume... 

Pfizer’s African Covid shots plan threatened by low demand

By: Bloomberg     12th May 2022 Plans to produce Pfizer’s Covid-19 vaccine in Cape Town may be scaled back because of waning demand for the shots, according to the head of the company’s South African manufacturing partner. About 100 million doses a year are slated to be packaged and filled at a plant controlled by the BioVac... 

Eskom sets August 2024 target date for return of damaged Medupi 4 

By: Terence Creamer     12th May 2022 Electricity utility Eskom has set a target date of August 2024 for the return to service of Medupi Unit 4, the generator of which was “catastrophically” damaged during an explosion on August 8, 2021. Acting generation MD Rhulani Mathebula, who has stepped into the role following the resignation... 

Eskom acting generation MD Rhulani Mathebula
Photo by Creamer Media Chief Photographer Donna Slater
Eskom acting generation MD Rhulani Mathebula

Raubex announces new CEO, other leadership changes

By: Tasneem Bulbulia     12th May 2022 JSE-listed Raubex Group has appointed Felicia Msiza, currently Governance, Risk And Compliance executive director, as group CEO, effective August 1. She will succeed Rudolf Fourie, who will be stepping down after 25 years at Raubex, having served the last 12 years as group CEO. He will remain... 

An image of Felicia Msiza, incoming group CEO of Raubex
Felicia Msiza

Sinkhole on N3 disrupts traffic between Peacevale, Hammarsdale

By: Schalk Burger     12th May 2022 The South African National Roads Agency Limited on May 11 advised that only one lane was open on the N3 southbound after the Key Ridge interchange after a sinkhole formed, causing major traffic congestion from Peacevale to the Hammarsdale interchange, in KwaZulu-Natal. “Two lanes, including the... 

Court bars some AMSA workers from strike – union

By: Reuters     12th May 2022 South Africa's labour court has ordered workers at ArcelorMittal South Africa's (AMSA's) steel plants, blast furnaces and coke batteries to be excluded from an ongoing job boycott, after the company argued these are essential services barred from striking by law, the metal-workers union said. The... 

Talk must make way for action if ‘SA Inc’ is to navigate looming 22 GW coal exit  

By: Terence Creamer     11th May 2022 Eskom COO Jan Oberholzer has appealed for urgent and coordinated public-private action to close an immediate electricity shortfall of up to 6 000 MW and to prepare the way for the replacement of 22 000 MW of coal capacity that will be shut over the coming 14 years. Speaking during a system... 

Eskom COO Jan Oberholzer
Photo by Creamer Media's Donna Slater
Eskom COO Jan Oberholzer

Afrimat appoints Louw as chairperson designate

By: Creamer Media Reporter      11th May 2022 Construction materials and industrial minerals producer Afrimat has appointed Francois Louw as chairperson designate. Louw was appointed deputy chairperson in February and also serves as the company's lead independent director. He will succeed Matie von Wielligh, who will be retiring as... 

Busa welcomes Operation Vulindlela progress, but calls for further advances

By: Tasneem Bulbulia     11th May 2022 Business organisation Business Unity South Africa (Busa) says in a statement that business has taken note of the report from Operation Vulindlela on the progress made in implementing some of the structural reforms required to attract investment and put the country on a path to sustained and... 

Law firm suggests govt recognise role of storage in energy regulation

By: Marleny Arnoldi     11th May 2022 As South Africa takes its first steps towards a just transition and as decarbonisation becomes a strategic imperative for heavy electricity users, the role of energy storage and hybrid technologies is becoming more relevant, says law firm Allen & Overy South Africa. Electricity storage paired... 

Department of Public Enterprises outlines priorities for current financial year

By: Tasneem Bulbulia     11th May 2022 The Department of Public Enterprises on May 12 outlined its Strategic Plan 2020 to 2050 and Annual Performance Plan for 2022/23, and presented this to the Portfolio Committee during a virtual briefing. The department oversees core strategic State-owned companies (SOC). 

Two enviro groups challenge development of 400 MW natural gas plant in Richards Bay

By: Marleny Arnoldi     11th May 2022 Environmental justice groups groundWork and the South Durban Community Environmental Alliance (SDCEA) have filed an application in the Pretoria High Court to challenge the environmental authorisation for a proposed gas-to-power plant in the Richards Bay Industrial Development Zone. The 400 MW... 

Eskom confirms winter load-shedding risk and warns on diesel costs 

By: Terence Creamer     11th May 2022 Electricity utility Eskom has again highlighted the risk of load-shedding during the current winter period, during which it will rely heavily on the country’s expensive diesel-fuelled open-cycle gas turbines (OCGTs) to either avoid rotational cuts or reduce the intensity of such cuts.... 

Eskom transmission MD Segomoco Scheppers
Photo by Creamer Media's Donna Slater
Eskom transmission MD Segomoco Scheppers

CSIR unveils technology to support learners with learning difficulties

By: Darren Parker     11th May 2022 The Council for Scientific and Industrial Research (CSIR) unveiled its new learning technology, a voice computing application (app) that translates text into audio, on May 11. Developed by CSIR researchers, the app called iSinkwe was designed to support literacy development by helping learners... 

Minimum of 14 000 jobs a year from South Africa’s first hydrogen corridor 

By: Martin Creamer     11th May 2022 South Africa’s first hydrogen corridor now under development has the potential to generate a minimum of 14 000 jobs, $400-million in gross domestic product and $900-million in taxes a year by 2050. In an addition, there is potential to grow platinum group metal (PGM) demand by between 1% to 2%... 

Creamer Media picture.
Photo by Creamer Media
Minerals Council hydrogen briefing from left Allan Seccombe, Roger Baxter and Fahmida Smith.

South Korea to again boost nuclear power

By: Rebecca Campbell     11th May 2022 New Republic of (South) Korea President Yoon Suk-yeol (inaugurated on Tuesday) is committed to his policy of strengthening the country’s nuclear power sector, reversing his predecessor’s policy (adopted in 2017) of phasing nuclear power out. Investing in nuclear energy formed part of the platform... 

MTN South Africa invests R2.2bn in Gauteng network modernisation

By: Natasha Odendaal     11th May 2022 Telecommunications group MTN South Africa is investing R2.2-billion into its 2022 network modernisation programme in Gauteng to meet demand, maintain network excellence and extend reach into township areas. MTN’s countrywide modernisation of network South Africa, or Monza, project – 68% of which... 

Full start-up date remains unsure at Toyota SA plant; production loss at 45 000 units 

By: Irma Venter     11th May 2022 Toyota South Africa Motors (TSAM) has resumed operation of its catalytic convertor export line and will, in the next few days, also open the Hino truck assembly line. This follows extensive flooding at the Prospecton plant, in Durban, a month ago. TSAM notes, however, that it will take some time... 

Image of TSAM CEO Andrew Kirby
Andrew Kirby

Stage 2 load-shedding to be implemented from 17:00 to 22:00

By: Reuters     11th May 2022 State power utility Eskom said it would implement Stage 2 rotational power cuts from 17:00 to 22:00 on Wednesday due to the failure of three generation units. This would be the third day that Eskom has implemented load-shedding from 17:00 to 22:00. 

Power lines owned by Eskom

Industrial software professionals engage during technical streams at conference

By: Schalk Burger     11th May 2022 The Industry Software Services and Support (IS3) X-Change User Conference, aimed at providing the attending industrial software professionals with technical overviews and insights into industrial automation solutions and processes, saw the professionals get detailed updates on various industrial... 

African researchers invited to apply for JWO Research Grant

By: Sane Dhlamini     11th May 2022 African researchers are invited to apply for this year’s Jennifer Ward Oppenheimer (JWO) Research Grant, for projects with a focus on the preservation of Africa’s natural environment. The winning project will receive $150 000 in funding support. The deadline for submissions is May 27. 

Airline sale for R51 keeps it a financial burden for South Africa

By: Bloomberg     11th May 2022 South Africa’s decision to sell a majority stake in the country’s loss-making national airline for R51 represents an ongoing financial risk to the state as the terms were skewed heavily toward the buyer, the National Treasury said. The finer print of the deal that saw the Takatso Consortium take... 

South African Airways plane
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