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Latest News

AfDB, Mozambique LNG project wins award

By: Tasneem Bulbulia     12th February 2021 The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and financial organisation the African Development Bank (AfDB) have jointly received the Global Multilateral Deal of the Year 2020 award, from print and online publication Project Finance International (PFI). The project, the single... 

Mercedes-Benz South Africa signs e-sports partnership with ATK  

By: Irma Venter     12th February 2021 Mercedes-Benz South Africa (MBSA) and local electronic sports (e-sports) company ATK has announced the first-ever motorsport partnership to encompass e-sports teams, events and gaming spaces in the country.  MBSA will be the first motorsport sponsor for a South African e-sports team, entering the... 

Mercedes-Benz South Africa signs e-sports partnership with ATK 

Two countries place probes in Martian orbit for the first time

By: Rebecca Campbell     12th February 2021 This week two countries have been able to celebrate the safe insertion into Martian orbit of their space probes. And neither country had ever before launched an interplanetary mission. They are the United Arab Emirates (UAE), whose Hope (in Arabic, Amal) spacecraft entered Martian orbit on... 

Two countries place probes in Martian orbit for the first time
Photo by China National Space Administration
Mars, imaged by China’s Tianwen-1 at a distance of 2.2-million kilometres

Business jet maker Bombardier to make more savings and end production of the Learjet

By: Rebecca Campbell     12th February 2021 Canadian aerospace company Bombardier announced, during the release of its annual results for 2020 on Thursday, its latest steps to return to profitability. The company is now focused entirely on the manufacture and support of business jets, having disposed of its commercial aviation and... 

Business jet maker Bombardier to make more savings and end production of the Learjet
Photo by Bombardier
A Bombardier Global 7500 business jet

South African car market faces challenging 2021, says TransUnion 

By: Irma Venter     12th February 2021 The South African automotive industry faces a challenging 2021, with new-vehicle prices continuing to climb well above the inflation rate in a market already severely constrained by the financial effects of the Covid-19 pandemic.  This is according to the latest TransUnion South Africa Vehicle... 

South African car market faces challenging 2021, says TransUnion

Work on Selby Rea Vaya depot progressing well, says Joburg council 

By: Irma Venter     12th February 2021 Work on the Selby Rea Vaya Bus Rapid Transit (BRT) depot, which will be designated for Phase 1B and Phase 1C operations of the bus service, is progressing well, reports the City of Johannesburg. The Johannesburg Development Agency (JDA), acting on behalf of the City of Johannesburg’s Department... 

Work on Selby Rea Vaya depot progressing well, says Joburg council

Seifsa calls for finalisation, implementation of Steel Master Plan

By: Schalk Burger     12th February 2021 Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called for the finalisation and speedy implementation of the Steel Master Plan, which it believes will benefit primary and downstream players in the local steel industry. It is also considered to be key... 

Smoothing the path for distributed generation investment  

12th February 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about President Cyril Ramaphosa's announcement in his State of the Nation Address that the regulatory framework governing distributed-generation power projects will be amended and how this will help South Africa at... 

Smoothing the path for distributed generation investment
Smoothing the path for distributed generation investment

Energy, real infrastructure progress remain lacking in SoNA, says business

By: Marleny Arnoldi     12th February 2021 Most stakeholders agree with President Cyril Ramaphosa’s four overriding priorities of defeating Covid-19, accelerating economic recovery and reform to drive inclusive growth, and fighting corruption. However, Business Leadership South Africa (BLSA), for one, would have liked the President to... 

Energy, real infrastructure progress remain lacking in SoNA, says business
President Cyril Ramaphosa

South Africa’s digital migration to move ahead from March

By: Natasha Odendaal     12th February 2021 After many delayed starts and renewed deadlines, South Africa is on track to start the year-long phased switch off of analogue television (TV) transmitters in March. In his State of the Nation Address (Sona) on February 11, President Cyril Ramaphosa said he expected the province-by-province... 

Electricity regulations to be amended to raise licence-exemption cap for distributed generation projects 

By: Terence Creamer     11th February 2021 President Cyril Ramaphosa announced on Thursday that Schedule 2 of the Electricity Regulation Act would be amended within the next three months to increase “the licensing threshold for embedded generation”. The current licence-exemption cap is set at 1 MW, with projects above that size required... 

Electricity regulations to be amended to raise licence-exemption cap for distributed generation projects
President Cyril Ramaphosa

UP metallurgical engineering degree programme ranked first in South Africa by METF

By: Schalk Burger     11th February 2021 The metallurgical engineering degree programme offered by the University of Pretoria (UP) Department of Materials Science and Metallurgical Engineering, in the Faculty of Engineering, Built Environment and Information Technology (EBIT), has been ranked the best of its kind in South Africa for... 

City of Joburg invites smart city innovation proposals

By: Schalk Burger     11th February 2021 The City of Johannesburg’s Smart City Office, in collaboration with digital innovation hub Tshimologong Innovation Precinct, invites technology and Fourth Industrial Revolution (4IR) start-up companies to submit proposals for smart city innovative solutions in response to the Covid-19 pandemic.... 

Defy launches solar hybrid product range in South Africa

By: Tasneem Bulbulia     11th February 2021 Domestic appliance manufacturer Defy on February 11 launched its latest innovation, the Solar Hybrid fridge and freezer products, during a virtual event. The product range includes a fridge and a chest freezer, both of which use solar and grid power. 

Major aviation and airport hydrogen initiative launched in France

By: Rebecca Campbell     11th February 2021 Europe-based major aerospace company Airbus has partnered with five French companies and agencies to launch a global ‘call for expressions of interest’ in opportunities presented by the adoption of hydrogen as a fuel source by aviation and airports. In addition to Airbus, the consortium is... 

Macsteel commits to paying SME suppliers in 30 days

By: Marleny Arnoldi     11th February 2021 Steel merchant Macsteel has committed to its paying small- and medium-sized enterprise (SME) suppliers within 30 days, in a bid to contribute to the growth of this critical sector of the South African economy. Macsteel is the latest company to join Business for South Africa’s (B4SA’s) #PayIn30... 

Manufacturing output increases by 1.8% in December

By: Marleny Arnoldi     11th February 2021 Manufacturing output increased by 1.8% in December 2020 compared with December 2019, Statistics South Africa (Stats SA) reported on February 11. Nedbank said it was the first time that annual factory output had grown since May 2019, surpassing the bank’s expectation of a contraction.  

Eaton welcomes move away from sulphur hexafluoride switchgear

By: Donna Slater     11th February 2021 Power management solutions company Eaton welcomes a move by the European Union (EU) away from sulphur hexafluoride- (SF6-) based electrical switchgear toward more environment-friendly alternatives. Eaton power division business development manager Marcel Buckner, presenting during a webinar on... 

Alluvial diamond miners outline way to save fast-shrinking industry  

By: Martin Creamer     11th February 2021 The number of alluvial diamond operators is decreasing at an alarming rate. In 2004, there were 2 000 small diamond-mining companies, which employed close to 25 000 people, and now there are only about 200 operators employing only 5 000 people – a 90% decline. 

Alluvial diamond miners outline way to save fast-shrinking industry
The South African Diamond Producers Organisation is interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Airports Company seeking to monetise noncore assets

By: Rebecca Campbell     11th February 2021 State-owned Airports Company South Africa (Acsa), an entity of the Department of Transport, reported on Thursday that it was seeking to monetise assets and activities, to improve its liquidity and significantly decrease its capital and operational expenditure. This was to help it respond to the... 

Implats scores an A for water disclosure

By: Schalk Burger     11th February 2021 Platinum-group metals (PGM) producer Impala Platinum (Implats) says it has received an A rating for its water disclosure submission to global voluntary disclosure nonprofit organisation CDP for the 2020 CDP Water Disclosure Project. The rating, which also marks the second consecutive year Implats... 

ESG is key to future resilience, says Mgojo 

By: Marleny Arnoldi     11th February 2021 In the recent past, environmental, social and governance (ESG) criteria were predominantly focused on environmental impact and related governance issues, such as climate change. However, since the Covid-19 pandemic has affected the everyday lives of people across the world, more companies are... 

ESG is key to future resilience, says Mgojo
Exxaro Resources CEO Mxolisi Mgojo

Vehicle finance on cusp of revolution, says WesBank’s Msibi 

By: Irma Venter     11th February 2021 The demands on financial institutions are changing rapidly as younger age groups start to actively participate in the acquisition of assets, says WesBank Motor CEO Ghana Msibi. “I expect the motoring industry, including vehicle finance, to evolve more in the next five years than it has in the... 

Vehicle finance on cusp of revolution, says WesBank’s Msibi
Ghana Msibi

Italtile grows interim profit to R1.4bn

By: Marleny Arnoldi     11th February 2021 JSE-listed tile and bathroomware manufacturer Italtile has achieved trading profit growth of 38% year-on-year to R1.4-billion for the six months ended December 31, 2020. The company declared an interim ordinary dividend of 31c apiece, up 35% from the 23c apiece interim dividend declared for the... 

Leon calls on Ramaphosa to announce key changes for mining, energy sectors

By: Simone Liedtke     11th February 2021 Following the Covid-19 pandemic’s “devastating impact” on the South African economy, it is “critical” that President Cyril Ramaphosa identifies what measures the South African government will implement to affect the country’s economic recovery, says Herbert Smith Freehills Africa Group global... 

Leon calls on Ramaphosa to announce key changes for mining, energy sectors
Herbert Smith Freehills (HSF) Africa Group global co-chairperson Peter Leon

Improved trading environment lifts ARB earnings

By: Natasha Odendaal     11th February 2021 A much improved trading environment has enabled investment and property holding company ARB Holdings to achieve increases across the board during the six months ended December 31, 2020. Following a year of lockdowns and restrictions amid a global pandemic which dragged the company’s 2020 full... 

ArcelorMittal South Africa reports second-half profit as supply squeeze lifts prices 

By: Terence Creamer     11th February 2021 Steelmaker ArcelorMittal South Africa (AMSA) return to profit in the second half of its 2020 financial year on the back of steel-shortage-induced price rises that negatively affected many domestic downstream consumers and have led to growing calls for a lifting of import protection. The... 

ArcelorMittal South Africa reports second-half profit as supply squeeze lifts prices

Zondo blasts 'negligent' former Eskom board over R1.68bn prepayment to Gupta entity

By: News24Wire      11th February 2021 Failure by the 2015 Eskom board to interrogate the submission to authorise a R1.68-billion prepurchase payment to a Gupta-owned company cast doubt on the directors prudence, with State Capture Commission chairperson Deputy Chief Justice Raymond Zondo going as far as calling them negligent on... 

Changing Ethiopian ICT landscape presents attractive opportunities and potential, says market research firm

By: Schalk Burger     10th February 2021 Information and communication technology (ICT) market research firm International Data Corporation (IDC) says there are positive opportunities in Ethiopia as the government focuses on liberalising the telecommunications sector and allowing for foreign investment. This move creates space for... 

Abengoa Innovations completes construction of pilot plant for hydrogen power in Spain

By: Tasneem Bulbulia     10th February 2021 Technology solutions provider Abengoa Innovations has completed the construction of the demonstration plant for the Grasshopper project. The project is aimed at generating sustainable power using hydrogen fuel cells. 

Abengoa Innovations completes construction of pilot plant for hydrogen power in Spain
Abengoa Grasshopper project milestone

Bank sees load-shedding, factionalism impeding strong fixed-investment recovery in 2021 

By: Terence Creamer     10th February 2021 A leading bank economist expects fixed investment in South Africa to remain muted in 2021, weighed down by ongoing power shortages, political uncertainty and the Covid-19 pandemic. Standard Bank chief economist Goolam Ballim forecasts that investment levels will pick up in 2022, however, spurred... 

Bank sees load-shedding, factionalism impeding strong fixed-investment recovery in 2021
Standard Bank chief economist Goolam Ballim

SpaceX selected for another important Nasa contract

By: Rebecca Campbell     10th February 2021 The US space agency, the National Aeronautics and Space Administration (Nasa), has chosen renowned private-sector space company SpaceX to launch the core elements of the agency’s Moon-orbiting space station, Lunar Gateway. SpaceX was founded by South African-born engineer and entrepreneur Elon... 

SAISC urges stakeholders to raise steel shortage concerns amid Itac import rebate investigation

By: Marleny Arnoldi     10th February 2021 The International Trade Administration Commission (Itac) has reportedly received a policy directive from Trade, Industry and Competition Minister Ebrahim Patel to investigate the creation of a rebate facility of customs and safeguard duties to cover imported flat steel products used by the... 

Law firm warns of lack of pandemic risk clauses in public sector tenders, contracts

By: Schalk Burger     10th February 2021 After almost a year of dealing with Covid-19-related shutdowns and disruptions, public sector tenders and contracts still do not include any clauses that deal with the pandemic, construction and technology law firm MDA Attorneys said on February 10, following a review of the contract conditions... 

South Africa weighs options for AstraZeneca shots ahead of J&J rollout 

By: Reuters     10th February 2021 South Africa's health minister said on Wednesday the government may sell or swap doses of AstraZeneca's Covid-19 vaccine it may not need, as it scrambles to start inoculating its citizens with an alternative US shot next week. The unusual move comes just days after South Africa paused the rollout... 

South Africa weighs options for AstraZeneca shots ahead of J&J rollout
Health Minister Zweli Mkhize

Vision Blue helping world to achieve green dream with high-return prospects for investors  

By: Martin Creamer     10th February 2021 The world’s energy transition away from fossil fuels is a phenomenon that is not dependent on any assumptions about gross domestic product (GDP) growth or countries urbanising or industrialising. It is a phenomenon driven by international consensus that the carbon footprint of the world has to be... 

Vision Blue helping world to achieve green dream with high-return prospects for investors
Sir Mick Davis interviewed by Mining Weekly’s Martin Creamer about Vision Blue Resources. Video: Darlene Creamer.

Stop AARTO now, says the Road Freight Association 

By: Irma Venter     10th February 2021 The Road Freight Association (RFA) says it is “shocked and deeply concerned” about the suspension of Road Traffic Infringement Agency (RTIA) CEO Japh Chuwe, amidst allegations of maladministration. “This has a severe impact on the implementation of the highly controversial Administrative... 

Stop AARTO now, says the Road Freight Association
Gavin Kelly

Buying or servicing a car? Things are about to change, says AutoTrader

By: Irma Venter     10th February 2021 There are significant changes on the horizon for the local automotive industry, and they will affect every South African seeking to buy, repair or service a car, says AutoTrader. The changes, effective July 1, are owing to a series of guidelines published by the Competition Commission last year,... 

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