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Magazine round up | 06 May 2022 

6th May 2022 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

As drone deployment continues to expand, miners unearth whole-of-mine uses

By: Donna Slater     6th May 2022 The use of drones and ground-based robotics is evolving to such an extent locally that various companies are using them in all aspects of their operations, which is resulting in “bun fights” about which department gets to use the devices and payloads, says Dwyka Mining Services MD Jamie van... 

Magazine cover image

Airline and airline catering associations release new version of inflight catering agreement

By: Rebecca Campbell     5th May 2022 The International Air Transport Association (Iata) and the Airline Catering Association (ACA) have jointly released an updated version of the Standard Inflight Catering Agreement (SICA). This followed the two bodies entering an agreement to strengthen their bilateral collaboration. Use of the... 

Corteva launches new seed applied technology centre in Pretoria

By: Darren Parker     5th May 2022 Agricultural science and technology developer Corteva Agriscience officially opened its Centre for Seed Applied Technologies (CSAT) facility in Rosslyn, Pretoria, on May 5. The CSAT is one of only three such centres, comprising six laboratories, worldwide. 

Employees working at the CSAT facility in Pretoria

Gordhan says Eskom restructuring will avert ‘protracted failure’ of utility 

By: Terence Creamer     5th May 2022 Public Enterprises Minister Pravin Gordhan acknowledged that Eskom is in crisis but has dismissed suggestions that the utility is broken and heading for a “protracted failure”, saying that the restructuring under way will result in the emergence of a “completely different entity”. Speaking at the... 

Public Enterprises Minister Pravin Gordhan
Photo by Creamer Media
Public Enterprises Minister Pravin Gordhan

Mbalula recommends a people-centred just transition

By: Schalk Burger     5th May 2022 Transport Minister Fikile Mbalula has said a just transition is about improving the lives and livelihoods of all South Africans, particularly those that are bearing the brunt of climate impacts, and protecting and empowering workers and communities, as the country navigates the shift away from... 

Transport Minister Fikile Mbalula
Photo by Reuters
Transport Minister Fikile Mbalula

Netcare receives SAEEC award for energy savings, energy efficiency

By: Schalk Burger     5th May 2022 Hospital group Netcare has received the South African Energy Efficiency Confederation (SAEEC) 2021 Award for Commercial Corporate Company of the Year in recognition of its contribution to energy savings. The private healthcare group and its national environmental sustainability manager André... 

Metair’s automotive components vertical to be affected by flood damage to OEM customer’s operations

By: Tasneem Bulbulia     5th May 2022 The impacts of severe flooding on April 11 and 12 across most of the KwaZulu-Natal province in South Africa have impacted a major original-equipment manufacturer (OEM) customer of JSE-listed Metair. The OEM has advised Metair that it suffered significant damage to its plant, with production... 

Treasury launch Phase II of SA-TIED programme

By: Tasneem Bulbulia     5th May 2022 The National Treasury on May 5 launched Phase II of the Southern Africa – Towards Inclusive Economic Development (SA-TIED) programme, following what was noted as a successful first phase, with the aim of tackling challenges facing the country’s economy and guiding policy making with quality... 

An image of Finance Minister Enoch Godongwana
Enoch Godongwana

World Coal Association favours just energy transition to net zero future 

By: Martin Creamer     5th May 2022 The World Coal Association, and its member companies, are in favour of a just transition to a net zero future, World Coal Association chairperson July Ndlovu said on Thursday. In his keynote address to the Southern African Coal Conference, Ndlovu emphasised the sincerity of the association’s... 

Creamer Media photograph
Photo by Creamer Media
World Coal Association chairperson July Ndlovu

DP World Maputo handles first citrus reefer export for 2022, offers new direct sailing service

By: Irma Venter     5th May 2022 DP World Maputo says it has successfully handled its first citrus reefer export of the 2022 season. Through a combination of new solutions, including a direct sailing service, DP World hopes to position itself as the “ideal gateway” for the South African citrus industry exporting to the Middle... 

Image of the Maputo Port citrus facility

Gordhan calls for ban on sale of scrap metal to protect SA's infrastructure

By: News24Wire      5th May 2022 Public Enterprises Minister Pravin Gordhan says in order to to alleviate the risk of continued damage, theft and vandalism of freight rail infrastructure in the country, government should consider a temporary ban on the sale of scrap metal. Gordhan was replying to questions in the National... 

R745m Kusile fraud case against former Eskom managers postponed again

By: News24Wire      5th May 2022 The fraud and corruption case against former senior Eskom manager France Hlakudi and his co-accused was once again postponed in the Palm Ridge Specialised Crimes Court on Thursday. His co-accused are former Eskom group executive for the Group Capital Division, Abram Masango; businessperson... 

South African, Brazilian space industries to hold their second virtual summit in late May

By: Rebecca Campbell     5th May 2022 The Second Brazil-South Africa Space Industry Virtual Summit (SIVS) will take place on May 25 and May 26 this year, it has been confirmed. The first day will be composed of addresses and discussion panels, and the second day will be dedicated to one-on-one business-to-business (B2B) meetings.... 

Tourism, travel industry has mixed feelings about new Covid regulations

By: Schalk Burger     5th May 2022 South African travel and tourism organisations have welcomed the removal of the newly gazetted Covid-19 regulations requiring a negative polymerase chain reaction (PCR) test for children under the age of 12 years, but questioned the regulations that continue to restrict the size of gatherings,... 

Aspen to slash Covid vaccine capacity within 6 weeks if no orders - CEO

By: Reuters     5th May 2022 Aspen Pharmacare will switch about half of its Covid-19 vaccine production capacity onto other products if demand doesn't pick up within six weeks, its CEO warned, as South Africa's president and health officials urged more Africans to take up the shots. Aspen completed a deal in March to... 

Dipula posts good interim results under ‘extremely challenging conditions’

By: Schalk Burger     5th May 2022 JSE-listed diversified real estate investment trust Dipula Income Fund increased its distributable earnings by 0.1% to R275.7-million for the six months ended February 28. It maintained a 100% pay-out ratio, resulting in 5% growth in A-share distributions to 61.97c a share and B-share... 

eCanter being homologated, two units set for local testing – DTBSA 

By: Irma Venter     5th May 2022 The fully electric Fuso Canter (eCanter) light duty truck is currently undergoing homologation in South Africa, confirms Daimler Trucks and Buses Southern Africa (DTBSA) sales and marketing VP Maretha Gerber. As the vehicle is still going through the homologation process, no test units have yet... 

Image of the new-generation eCanter
The new-generation eCanter

Africa CDC urges Covid-19 vaccine buyers to order from S Africa's Aspen

By: Reuters     5th May 2022 Africa's top public health body urged all those purchasing Covid-19 vaccines for the continent to place orders with South Africa's Aspen Pharmacare, saying the market was key to developing vaccine manufacturing on the continent. The Africa Centre for Disease Control and Prevention said it was... 

Covid-19 vaccine

Local sustainable aviation fuel production a major opportunity for South Africa

By: Rebecca Campbell     5th May 2022 A report compiled for the World Wide Fund for Nature South Africa (better known as WWF SA) has concluded that the local production of sustainable aviation fuels (SAFs) would bring major economic and social, as well as environmental, benefits to the country. The report was compiled by the Council... 

Hyland sees 'unprecedented' growth in demand for its content services

By: Schalk Burger     5th May 2022 Digital content services company Hyland Software's revenue grew by 17% during 2020 and 10% during 2021 to surpass $1-billion, owing to the growing demand for digital content services solutions, Hyland chief commercial officer Ed McQuiston has said. Speaking during an in-person event for its... 

Iata reports that the air passenger traffic recovery continues

By: Rebecca Campbell     5th May 2022 The recovery in air passenger traffic continued during March, the International Air Transport Association (Iata) has reported. (Iata is the representative body of the global airline industry.) The war in Ukraine had only a limited impact while the effects of the Omicron variant of Covid-19 were... 

Graft-hit EOH weighs sale after turning a profit

By: Bloomberg     5th May 2022 EOH Holdings CEO Stephen Van Coller is considering a sale of the graft-tainted South African information technology firm after returning the group to profitability, according to people familiar with the matter. The former Absa Group and MTN Group executive is seeking advice on how to price the... 

Floods, power cuts weighed on South African factory activity in April

By: Reuters     5th May 2022 South African private sector activity expanded at a slower rate in April as power cuts and floods in KwaZulu-Natal province weighed on output and new orders, a survey showed on Thursday. The S&P Global South Africa Purchasing Managers' Index (PMI) fell to 50.3 in April from 51.4 in March,... 

AB InBev joins rivals in benefiting from higher beer prices

By: Bloomberg     5th May 2022 Anheuser-Busch InBev’s profit was boosted as consumers kept buying more expensive beers, which mitigated the impact of soaring expenses. First-quarter earnings before interest and other items rose 7.4% on an adjusted basis, the company said Thursday. Analysts expected a 3.9% gain. 

ArcelorMittal sees global steel demand drop on Ukraine war

By: Bloomberg     5th May 2022 ArcelorMittal expects global steel consumption to contract this year as Russia’s invasion of Ukraine slows the economic rebound from the pandemic. Demand for steel -- a key barometer for global economic growth -- will fall by as much as 1% this year, the company said in a statement Thursday.... 

Altron expects decrease in overall group earnings

By: Creamer Media Reporter      5th May 2022 JSE-listed Altron expects to report a 58% to 78% increase in headline earnings per share (HEPS) of its continued operations to between 49c and 55c for the twelve months ended February 28. However, the impairments on certain intangible assets have negatively impacted earnings, with basic earnings... 

No need for ‘state of disaster’ for Eskom, we can go until Stage 8 load-shedding – Gordhan

By: News24Wire      5th May 2022 Public Enterprises Minister Pravin Gordhan has shut down the possibly of declaring a state of disaster for Eskom as the utility habitually battles unit failures at its power stations, with this recent bout leading to a week-long stretch of State 2 load-shedding.   "There should… be a distinction... 

Public Enterprises Minister Pravin Gordhan
Public Enterprises Minister Pravin Gordhan

Ramaphosa, Corobrik CEO launch new R800m Kwastina brick factory 

By: Tasneem Bulbulia     4th May 2022 President Cyril Ramaphosa and Corobrick CEO Nick Booth on May 4 officially unveiled the company’s new R800-million Kwastina brick factory, in Driefontein, Gauteng. Speaking at the unveiling, Booth described the factory as the most technologically advanced and environment-friendly brick... 

An image showing ricks outside Corobrick's new Kwastina factory
Photo by Creamer Media's Tasneem Bulbulia
Bricks outside the new Kwastina factory

Kangnas Wind Farm signs ecological agreement to protect biodiversity

By: Marleny Arnoldi     4th May 2022 The Kangnas Wind Farm, in the Northern Cape, has signed an ecological agreement with the Department of Agriculture, Environmental Affairs, Rural Development and Land Reform, to compensate for any biodiversity impact from the project. The long-term agreement improves the viability of biodiversity... 

Vessel backlogs cleared at Cape Town Container Terminal

By: Darren Parker     4th May 2022 The combination of consenting weather, an improved equipment reliability programme and increased human resources has cleared vessel backlogs at the Cape Town Container Terminal (CTCT), State-owned Transnet Port Terminals (TPT) said in a statement on May 4. “Vessels are now able to berth on... 

Agrivoltaics an opportunity for jobs, better food, energy, water security

By: Marleny Arnoldi     4th May 2022 While agrivoltaics is taking shape in China, Europe and Japan, it is still in its infancy in Southern Africa with the potential to improve water and energy security. In South Africa, agrivoltaics could leverage the need for renewable energy and intensive commercial farming for the rehabilitation... 

Warehouse demand growth boosts Equites’ full-year results

By: Darren Parker     4th May 2022 Intensifying demand for modern and future-proof warehousing solutions contributed to a strong financial year for real estate investment trust (Reit) Equites Property Fund. “Logistics properties globally continue to outperform, supported by sustained demand in the tenant and investor markets. 

Equites CEO Andrea Taverna-Turisan
Equites CEO Andrea Taverna-Turisan

USTDA issues grant for Western Cape broadband study

By: Natasha Odendaal     4th May 2022 The US Trade and Development Agency (USTDA) is providing grant funding for California-based certified woman-owned small business Global Resources to undertake a feasibility study to expand broadband infrastructure for 500 000 people in South Africa’s Western Cape. The study will assess the... 

Airbus and Rolls-Royce win major orders from Australia’s Qantas

By: Rebecca Campbell     4th May 2022 Major aerospace groups Airbus (manufacturer of airliners) and Rolls-Royce (maker of aeroengines) have announced connected major orders for their products from Australian national flag carrier Qantas. The airline has selected a trio of Airbus types to implement its fleet modernisation programme,... 

An artist’s impression of an A350-1000 (right foreground), an A321XLR (top centre) and an A220 (left, trailing) in Qantas livery
Photo by Airbus
An artist’s impression of an A350-1000 (right foreground), an A321XLR (top centre) and an A220 (left, trailing) in Qantas livery

Competition practice note published to improve conduct, entry barriers, inclusivity

By: Donna Slater     4th May 2022 The Competition Commission published a practice note on the Promotion of Competition and Inclusion in Supplier Panels of Banks and Insurers on February 28, building on the enforcement and advocacy work the commission has undertaken with insurers and banks over time. The commission reports in a... 

Zikalala says infrastructure repairs progressing

By: Yvonne Silaule     4th May 2022 The South African National Roads Agency Limited (Sanral) has started with the construction of a temporary detour route near the N2 in uMkhomazi and Umgababa in the north of Durban. This will allow flow of traffic from the south to the north of Durban, which has been blocked since the floods in... 

Forget basic income grants, fix roads and dysfunctional municipalities instead – Mboweni  

By: News24Wire      4th May 2022 Without fixing dysfunctional municipalities, dangerous roads full of potholes and reducing reliance on Eskom, South Africa can forget about meaningful economic growth, says former finance minister Tito Mboweni. Speaking at the PSG annual conference in Sun City on Wednesday, Mboweni said even... 

Former Finance Minister Tito Mboweni
Former Finance Minister Tito Mboweni
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