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CDC continues to advance inclusive growth, development

By: Tasneem Bulbulia 15th October 2021 The Coega Development Corporation (CDC) is working to advance the inclusive growth and socioeconomic development of the country, says CDC marketing and communications head Dr Ayanda Vilakazi. A year ago, Eastern Cape Finance and Economic Development, Environmental Affairs and Tourism MEC Mlungisi... →

Seifsa tables final three-year above-inflation wage offer in an effort to end strike

By: Schalk Burger 15th October 2021 Industry employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has made a final wage offer to workers' unions in an effort to bring an end to the nine-day strike in the metals and engineering sector. The offer is for the lowest-paid employees to receive... →

BCI secures a$740m debt funding for Mardie

By: Esmarie Iannucci 15th October 2021 ASX-listed BCI Minerals on Friday announced that it had secured A$740-million in debt funding for the development of its Mardie salt and potash project, in Western Australia. The project would require a capital spend of some A$1.2-billion to support a production of 5.35-million tonne a year of... →

‘Unleash American shale’ to end energy crisis

By: Bloomberg 15th October 2021 The largest US natural gas driller is using the global energy crisis to renew his call for more investment in domestic infrastructure such as pipelines, which he says will enable increased exports and ease shortages. US gas drillers could increase supplies by about 20% if not for pipeline and... →

DTIC incentives

By: Riaan de Lange 15th October 2021 “There is no medicine like hope, no incentive so great, and no tonic so powerful as expectation of something better tomorrow.” So said Orison Swett Marden, but this begs the question: Would the ‘better tomorrow’ be attributable to incentives? Speaking of incentives, do you know how many incentive... →

Ford South Africa exports 500 000th Ranger

By: Irma Venter 15th October 2021 Ford South Africa’s (Ford SA’s) Silverton plant, in Pretoria in September produced its 500 000th Ranger for the export market. This year is the current Ranger’s tenth anniversary, with the new model to be launched next year. →

Logistics becoming a pertinent woe in agri sector, Ministers agree

By: Marleny Arnoldi 14th October 2021 Agriculture, Land Reform and Rural Development Thoko Didiza and Public Enterprises Minister Pravin Gordhan have both acknowledged the challenge that logistics has become in the agricultural industry, particularly over the last year. Speaking during industry organisation Agri SA’s annual general... →

South Africa catches attention of global hydrogen role-players

By: Simone Liedtke 14th October 2021 As global momentum continues to grow across the hydrogen industry, South Africa’s opportunity to produce zero carbon hydrogen has “caught the attention of the global energy players”, says Trade, Industry and Competition deputy Minister Fikile Majola. Coinciding with this global growth in interest... →

Second fire in a week hits South Africa's Richards Bay port

By: Reuters 14th October 2021 South Africa's port operator Transnet said on Thursday it was investigating a second fire in a week at the Richards Bay port, a commodities export hub, after a blaze broke out at a terminal there on Wednesday evening. The latest fire affected the conveyor system for Transnet Port Terminals, the... →

Numsa rejects new wage offer, engineering strike continues

By: Reuters 14th October 2021 South Africa's biggest engineering union, Numsa, has rejected a new wage offer as a national strike that has already hit output at car maker BMW enters its second week on Thursday, employer body Seifsa said. The National Union of Metalworkers of South Africa (Numsa), with around 155,000 members... →

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