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Latest News

Cele confirms SANDF will help police patrol Garden Route beaches 

By: News24Wire      6th January 2021 Police Minister Bheki Cele has revealed that South African National Defence Force members have been roped in to assist the police to keep bathers away from beaches along the Garden Route in the Western Cape. Cele was visiting the Garden Route on Wednesday morning. He said people are still... 

South African officials argue for harsher measures to curb Covid 

By: Bloomberg     6th January 2021 South African government officials have called for stricter measures to curb soaring coronavirus infections at a meeting to discuss the state’s response to the pandemic, according to two people familiar with the matter. President Cyril Ramaphosa is hosting a meeting of the National Coronavirus... 

South African officials argue for harsher measures to curb Covid
President Cyril Ramaphosa

Has SAA's rescue plan become unimplementable?

By: News24Wire      6th January 2021 The rescue practitioners of South African Airways could still end up having to say that the state-owned airline's rescue plan is not financially viable anymore and unimplementable. Then they would be forced to liquidate the airline because the business rescue process could not serve its purpose... 

Qantas to restart South Africa route in July – but you’ll need a Covid vaccine to fly

By: News24Wire      6th January 2021 Australia’s flag carrier, Qantas Airways, is looking to resume flights to and from South Africa on 1 July 2021. But that may make no difference for South Africans who do not receive a coronavirus vaccine by then. Qantas officially halted its South African flights in November 2020 and announced... 

Eskom to implement Stage 2 load-shedding on Wednesday, Thursday nights 

By: Simone Liedtke     6th January 2021 State-owned power utility Eskom will be implementing Stage 2 load-shedding between 22:00 and 05:00 on January 6 and 7. The load-shedding is necessary to recover and preserve the emergency generation reserves that have been used to support the system during the week following the... 

Eskom to implement Stage 2 load-shedding on Wednesday, Thursday nights

OR Tambo International Airport receives international health accreditation

By: Rebecca Campbell     6th January 2021 Johannesburg’s OR Tambo International Airport, which is owned and operated by the State-owned Airports Company South Africa, has been accredited under the Airports Council International’s (ACI’s) Airport Health Accreditation (AHA) programme, it was announced on Wednesday. The AHA was developed by... 

Association suggests safe alternatives in light of third alcohol ban 

By: Simone Liedtke     6th January 2021 The Beer Association of South Africa (Basa) has issued an urgent call to President Cyril Ramaphosa to lift the blanket ban on alcohol from January 16, stating that it is “imperative” to ensure the survival of craft breweries. The association’s plea follows on the heels of South Africa’s third... 

Association suggests safe alternatives in light of third alcohol ban

Hyundai introduces new brand to represent its hydrogen fuel-cell business

By: Irma Venter     6th January 2021 The Hyundai Motor Group has introduced HTWO as a new brand to represent the group’s hydrogen fuel-cell system.  The South Korean car maker says the brand builds on its 20-year-plus experience in hydrogen fuel-cell technology and will aim to present hydrogen as “a positive energy for humanity”.  

Hyundai introduces new brand to represent its hydrogen fuel-cell business

South African variant unlikely to fully negate Covid vaccines, scientist says

By: Reuters     6th January 2021 A variant of the coronavirus first detected in South Africa is unlikely to completely negate the immunising effects of vaccines, a researcher studying it told Reuters. British scientists expressed concern on Monday that Covid-19 vaccines may not be able to protect against the variant identified... 

South African variant unlikely to fully negate Covid vaccines, scientist says

Assessment tool helps developers minimise wind turbine risk to eagles

By: Marleny Arnoldi     6th January 2021 Researchers from the Fitzpatrick Institute of African Ornithology (Fitztitute) at the University of Cape Town (UCT), HawkWatch International and the University of Amsterdam have developed a new tool that offers developers more accurate guidance on where to safely build wind farms to prevent birds... 

Assessment tool helps developers minimise wind turbine risk to eagles

World Bank warns of extreme poverty setback as South Africa is buffeted by Covid

By: Terence Creamer     5th January 2021 The World Bank expects the South African economy to recover by 3.3% in 2021 and return to a “near potential pace” of 1.7% in 2022 after contracting by an estimated 7.8% during Covid-afflicted 2020. However, it warns in its flagship Global Economic Prospects report, published on Tuesday, that the... 

World Bank warns of extreme poverty setback as South Africa is buffeted by Covid

Comair business rescue practitioners issue latest report on airline’s rescue plan progress

By: Rebecca Campbell     5th January 2021 The business rescue practitioners (BRPs) for private-sector airline Comair issued an update on progress with the group’s business rescue plan on Tuesday, in line with the requirements of the Companies Act. The update was issued via the Johannesburg Stock Exchange’s SENS news service. The BRPs... 

Motsoaledi warns of 'humanitarian crisis' as pressure mounts at South Africa's border posts

By: News24Wire      5th January 2021 Long queues and desperate attempts to enter South Africa have placed a huge strain on the country's border posts with neighbouring countries. And, while acknowledging that a "humanitarian crisis" might be unfolding at the Beitbridge border post with Zimbabwe, home affairs minister Aaron... 

New cosmological theory suggests that dark matter is made up of ancient black holes

By: Rebecca Campbell     5th January 2021 Scientists at the Kavli Institute for the Physics and Mathematics of the Universe at the University of Tokyo in Japan have proposed a new theory to explain the mysterious phenomenon of dark matter. Dark matter makes up some 27% of the universe, whereas ‘normal’ matter is responsible for less than... 

New cosmological theory suggests that dark matter is made up of ancient black holes
Photo by Kavli Institute
An artistic rendition of daughter universes forming during the cosmic inflation phase of our universe.

Govt adamant about pursuing appeal against cigarette ban ruling

By: News24Wire      5th January 2021 Government has applied to the Supreme Court of Appeal for leave to appeal a Western Cape High Court judgment which found the ban on trading in tobacco during South Africa's hard lockdown last year was unnecessary. Represented in the case by Cooperative Governance and Traditional Affairs Minister... 

World risks 'moral catastrophe' if Covid shots delayed in Africa, its CDC chief says

By: Reuters     5th January 2021 The world risks a "moral catastrophe" if Covid-19 vaccinations are delayed in Africa while wealthier regions inoculate their entire populations, the head of the continent's disease control body said on Thursday. The Africa Centres for Disease Control and Prevention (CDC) hopes significant... 

World risks 'moral catastrophe' if Covid shots delayed in Africa, its CDC chief says

Ramaphosa calls urgent meeting of National Coronavirus Command Council as death toll rises 

By: News24Wire      5th January 2021 The government's National Coronavirus Command Council is expected to meet on Wednesday morning, setting the stage for yet another announcement on the Covid-19 lockdown from President Cyril Ramaphosa by the end of the week. The council's scheduled meeting was only set to happen next week, but... 

Ramaphosa calls urgent meeting of National Coronavirus Command Council as death toll rises
President Cyril Ramaphosa

Tembo Power appoints new financial structuring MD

By: Donna Slater     5th January 2021 Africa-focused hydropower developer Tembo Power Holdings (TPH), formerly Tembo Power Limited, has appointed Jacques Barouhiel to lead its financial structuring business as MD. TPH is an independent power producer (IPP) with a focus on small hydropower in sub-Saharan Africa. It holds rights over... 

South African stocks climb as haven demand boosts gold miners

By: Bloomberg     5th January 2021 South African stocks advanced for a second day, boosted by gold producers as demand for haven assets supported bullion prices amid the latest news on the coronavirus pandemic. The main Johannesburg stock index was 0.4% higher as of 9:36 a.m., after climbing 1.8% in the first trading session of 2021. 

Boeing delivers three 777F air cargo aircraft to Qatar

By: Rebecca Campbell     5th January 2021 US-based global major aerospace group Boeing marked the advent of the new year with the delivery of three 777 Freighter (777F) aircraft to Qatar Airways Cargo. One of the aircraft concerned was the 200th 777F to be delivered. With this delivery, Qatar’s 777F fleet now numbers 24 aircraft. The... 

South African medical insurers may help fund vaccines for broader population

By: News24Wire      5th January 2021 South African medical-insurance companies, business organiSations and the government are developing a programME in which the private sector will help fund Covid-19 vaccines for people not covered by insurance. Legislation has been amended to allow the companies to fund shots for people who don’t... 

SAA pilot lockout 'indefinite', while backpay dispute raises legal issues, says labour lawyer

By: News24Wire      5th January 2021 The rescue practitioners of South African Airways can continue with the lockout of pilots as long as it suits them or until the SAA Pilots’ Association agrees to their proposals, says Hugo Pienaar, a labour law expert at Cliffe Dekker Hofmeyr. Members of SAAPA have been locked out by the rescue... 

SAA pilot lockout 'indefinite', while backpay dispute raises legal issues, says labour lawyer

Mondi to acquire Turkish corrugated packaging company

By: Simone Liedtke     5th January 2021 Paper and packaging company Mondi will acquire a 90.38% interest in Turkish corrugated packaging company Olmuksan International Paper from International Paper for €66-million. The implied enterprise value on a 100% basis would amount to about €88-million, Mondi said in a statement on January 5. 

Scatec launches new logo, profile

By: Tasneem Bulbulia     5th January 2021 Power plant company Scatec has launched its new logo and profile, with this transformation following the company’s broadened growth strategy and the name change to Scatec from Scatec Solar. “2020 was a monumental year for Scatec. During the crisis, we made the greatest expansion since our... 

Pfizer and BioNTech have offered SA discounted Covid-19 vaccines 

By: News24Wire      5th January 2021 Pfizer and BioNTech offered to supply South Africa with their Covid-19 vaccine at a discounted $10 a dose, according to a person familiar with the talks, yet the president’s office still described the cost as prohibitive. The price was worked out according to South Africa’s status as a... 

Managed security services can help mid-sized companies defend against cyberattacks

By: Schalk Burger     4th January 2021 Medium-sized companies face numerous hurdles to implement effective cybersecurity, while smaller and low-margin organisations cannot afford next-generation technology to improve their cybersecurity posture, as these require expert skills to implement not only next-generation security solutions,... 

Santam to start assessing contingent business interruption claims

By: Simone Liedtke     4th January 2021 Insurance company Santam will start the process for assessing claims for policies with contingent business interruption (CBI) extensions. The claims assessment process will specifically apply to policies impacted by the recent judgment in the Western Cape High Court in the case between Santam and... 

EIB provides African pharma manufacturing support 

By: Marleny Arnoldi     4th January 2021 Long-term lending institution the European Investment Bank (EIB) has launched a first-ever scheme that involves strengthening local production of active pharmaceutical ingredients in Africa and scaling up drug manufacturing. The scheme, in which €50-million will be invested, will contribute to... 

South African fuel prices to rise across the board this week

By: African News Agency      4th January 2021 The retail price of fuel in South Africa will increase by up to 43 cents a litre from Wednesday, while the wholesale cost of diesel will rise by as much as 55 cents, the mineral resources and energy department said on Monday. In a statement, it said the retail price of illuminating paraffin,... 

South African fuel prices to rise across the board this week

KwaZulu-Natal optimistic that suspension of direct London flights will be only short-term

By: Rebecca Campbell     4th January 2021 The KwaZulu-Natal provincial government and Dube TradePort Special Economic Zone (SEZ) management are both confident that the suspension of direct flights between Durban’s King Shaka International Airport and London by British Airways will prove to be only a short-term measure, until the Covid-19... 

Nxuba Wind Farm enters commercial operations

By: Donna Slater     4th January 2021 Renewable energy developer and operator Enel Group’s South African renewable energy subsidiary Enel Green Power (EGP) has successfully reached commercial operation of its 140 MW Nxuba wind farm in the Eastern Cape. The project, built at a cost of about €200-million, is expected to generate 460... 

Lessons learned at Beitbridge critical to AfCFTA success, say transport bodies

By: Irma Venter     4th January 2021 Transport and freight bodies are calling on the South African government to roll out a public-private partnership (PPP) to help facilitate cross-border trade. This is in order to prevent “future disasters” at border posts, similar to the chaos seen at the Beitbridge border post between South... 

Lessons learned at Beitbridge critical to AfCFTA success, say transport bodies
Juanita Maree

Fuel prices to increase this week

By: Tasneem Bulbulia     4th January 2021 Mineral Resources and Energy Minister Gwede Mantashe has announced the adjustment of fuel prices based on current local and international factors with effect from January 6. South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors. 

Unplanned shut of Koeberg Unit 1 affects installation of new steam generators, raises load-shedding spectre

By: Terence Creamer     4th January 2021 Electricity utility Eskom reported on Monday that Koeberg Unit 1 would be taken offline for repairs one month ahead of scheduled maintenance after an increasing leak rate was detected from one of the unit’s three steam generators. Eskom said in a statement that the leak rate was “well within the... 

Unplanned shut of Koeberg Unit 1 affects installation of new steam generators, raises load-shedding spectre

ECA urges Africa’s private, public sectors to cooperate for success of AfCFTA

By: Tasneem Bulbulia     4th January 2021 For the African Continental Free Trade Area (AfCFTA) to deliver on its promises, the private and public sectors on the continent must work together, Economic Commission for Africa (ECA) executive secretary Vera Songwe has said. At the virtual launch of trading on the AfCFTA on January 1, Songwe... 

IFC extends $200m loan to Nedbank to increase renewable energy financing

By: Donna Slater     4th January 2021 The International Finance Corporation (IFC), a member of the World Bank Group, and Nedbank have partnered to increase financing for renewable energy projects in South Africa in an effort to help the country transition to cleaner forms of power, reduce greenhouse-gas (GHG) emissions and create... 

SA’s Rachel Kobo named one of 50 best apprentices at VW

By: Irma Venter     4th January 2021 Volkswagen Group South Africa (VWSA) employee Rachel Kobo has been named ‘Best Apprentice’ – a title given to only a handful of top young talent across the Volkswagen group. Kobo was among 50 young men and women worldwide to be chosen to receive this accolade, which recognises outstanding... 

SA’s Rachel Kobo named one of 50 best apprentices at VW
VWSA MD Dr Robert Cisek, Rachel Kobo and Thabo Nkoane

Siemens Gamesa seals first wind farm project in Ethiopia

By: Tasneem Bulbulia     4th January 2021 Engineering company Siemens Gamesa will deliver 29 SG 3.4-132 wind turbines to State-owned utility Ethiopian Electric Power (EEP) for the Assela project − a 100 MW wind farm that will help power over 400 000 Ethiopian households. The wind farm is set to be commissioned by spring 2023 and is... 

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