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Astronomers find 49 new gas-rich galaxies in 3 hours using MeerKAT radio telescope
28th March 2024 By: Schalk Burger

A team of international astronomers have discovered 49 new gas-rich galaxies using the MeerKAT radio telescope in South Africa from observations under three hours long. The research was aimed at... 


Image of the SKF Axios predictive maintenance solution
Automated equipment monitoring simplified
28th March 2024

A new cloud-based end-to-end predictive maintenance solution for rotating equipment from SKF and Amazon Web Services (AWS) is said to be simple, scalable and cost-effective, SKF Connected... 


AI, scarcity, power, and other datacentre trends
AI, scarcity, power, and other datacentre trends
27th March 2024

By Faith Waithaka, Cloud and Service Provider Segment Sales Lead: Anglophone Africa at Schneider Electric It’s easy to say that 2023 was the year of AI, or generative AI to be more specific.... 


Solar panels
Solar PV body questions technology costs and build limits in draft IRP
26th March 2024 By: Terence Creamer

The South African Photovoltaic Industry Association (SAPVIA) questions both the cost assumptions used for the technology in the draft Integrated Resource Plan 2023 (IRP 2023), as well as the 900 MW... 


Liquid carton packaging
Nampak to sell its liquid cartons, Zambia and Malawi businesses
26th March 2024 By: Marleny Arnoldi

JSE-listed packaging company Nampak has entered into an agreement with a consortium represented by private equity company Corvest 15 to dispose of its liquid cartons business in South Africa, as... 


RS PRO launches Industrial Control and Communication range of 1 250 new products across more than 18 technologies
RS PRO launches Industrial Control and Communication range of 1 250 new products across more than 18 technologies
26th March 2024

A trading brand of RS Group plc (LSE: RS1), a global digitally-led provider of product and service solutions for industrial customers, has announced RS PRO’s new Industrial Control and... 


US announces $6bn to clean up heavy manufacturing
US announces $6bn to clean up heavy manufacturing
26th March 2024 By: Bloomberg

The first new US aluminum smelter in 45 years may be built as part of about $6-billion in grants the Biden administration is awarding to companies in a bid to clean-up hard to decarbonise... 


Forestry, Fisheries and the Environment Minister Barbara Creecy
Creecy stresses importance of protecting the environment while growing the biodiversity economy
25th March 2024 By: Sabrina Jardim

Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the... 


US President Joe Biden
Biden set to award billions to decarbonise US heavy industries
22nd March 2024 By: Bloomberg

The Biden administration is poised to award as much as $6.3-billion in dozens of grants to help hard-to-decarbonise industries cut emissions, according to people familiar with the matter. Details... 


An image of Dr Schalk Grobbelaar
Forestry value chain innovations can help mitigate effects of climate change
22nd March 2024 By: Lumkile Nkomfe

Given the climate crisis in South Africa and around the world, tertiary education institution University of Pretoria’s (UP’s) Technology and Innovation senior lecturer Dr Schalk Grobbelaar argues... 


An image of BDO South Africa audit partner and renewable energy expert Nato Oosthuizen
Businesses could enable environment-friendly future – consultants
22nd March 2024 By: Lumkile Nkomfe

Global professional services firm BDO South Africa asserts that the imperative for businesses to expedite their environmental commitments remains crucial to promoting sustainable growth. The firm... 


AESPUMP image
AESPUMP and ANDRITZ AG collaboration is shaping the future
22nd March 2024

In the dynamic landscape of Southern Africa’s pump industry, a transformative collaboration between pump supplier AESPUMP and international technology group ANDRITZ AG is set to redefine standards,... 


Bearings International fosters a segment strategy to keep customers ‘in motion’
Bearings International fosters a segment strategy to keep customers ‘in motion’
20th March 2024

Bearings International’s (BI) segment approach to the market places an intentional focus on key industries in South and Sub-Saharan Africa in a bid to optimise operations, enhance uptime and drive... 


Countries can carve niches for themselves in the global air cargo business, says IATA
19th March 2024 By: Rebecca Campbell

It was possible for a country to turn itself into a global hub for important air cargo flows, even if that country had no connection with, or involvement in, the commodity concerned. So pointed out... 


A map of Africa indicating which countries' interest rates will remain higher for longer
Africa’s biggest economies set to hold interest rates as inflation risks linger
19th March 2024 By: Bloomberg

Central banks in Africa’s biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the next two weeks, as they maintain tight monetary policies to... 


Taxis parked at a taxi rank in Johannesburg
Draft public transport policy to provide guidance for existing, new subsidies
18th March 2024 By: Schalk Burger

The draft National Public Transport Subsidy Policy, which has been gazetted, is aimed at introducing outcomes-based planning for integrated public transport. There are currently no guidelines for... 


Logo
Innovation for development
14th March 2024

Boosting socio-economic development in South Africa through research and innovation, is at the core of the Department of Science and Innovation’s (DSI) mandate.  


Global astronomy conference set for Cape Town has record number of paper submissions
13th March 2024 By: Rebecca Campbell

The International Astronomical Union’s (IAU’s) General Assembly 2024, the first ever to be held in Africa, has received more than 3 000 abstracts, its organising committee has announced. This... 


IATA global cargo conference focuses on the future of the air freight sector
12th March 2024 By: Rebecca Campbell

The key themes at the International Air Transport Association’s (IATA’s) 2024 World Cargo Symposium (being held in Hong Kong) were digitalisation, safety, and sustainability. (IATA was the global... 


Image of the SKF Microlog Analyzer
New diagnostic tool for rotating machinery
8th March 2024

SKF has extended its Microlog Analyzer range of data collection devices to include its Microlog Analyzer dBX. The company says the new device represents a leap forward in data collection efficiency... 


Mpact CEO Bruce Strong
Mpact grows revenue, operating profit, expects benefits from investments in 2024
8th March 2024 By: Schalk Burger

JSE-listed paper and plastics packaging business and recycler Mpact recorded a 3.6% year-on-year increase in revenue to R12.8-billion for the financial year ended December 31, 2023. Its underlying... 


Yves Vanderhaeghen
Yves Vanderhaeghen
8th March 2024

The sacred Osun River in Nigeria has recorded the highest measured level of microplastics in a river in the world, and researchers are calling for a ban on single-use plastics. Microplastics are... 


Gold surge could dull Indian wedding season demand; China outlook robust
Gold surge could dull Indian wedding season demand; China outlook robust
8th March 2024 By: Reuters

A surge in global gold prices to record highs could dampen consumption during the wedding season in India, but top buyer China will see robust safe-haven demand this year, analysts and traders... 


Trade, Industry and Competition Minister Ebrahim Patel and Chinese Minister of Commerce Wang Wentao
Patel meets with EV manufacturers, investors during visit to China
8th March 2024 By: Sabrina Jardim

Trade, Industry and Competition Minister Ebrahim Patel and a high-level delegation recently completed a four-day working visit to Shanghai, Nanjing and Beijing, in China, during which they met with... 


Punnet
Mondi, DS Smith reach agreement in principle on potential £5bn merger
8th March 2024 By: Marleny Arnoldi

Johannesburg- and London-listed paper and packaging giant Mondi has reached an agreement in principle on a proposed £5.1-billion merger with London-listed sustainable packaging company DS Smith.... 


South Africa needs a new defence acquisition and maintenance funding model
8th March 2024 By: Rebecca Campbell

South Africa needs to develop a new funding model to pay for both the acquisition and maintenance of military equipment. So argued South African Aerospace, Maritime and Defence Industries... 


SCOTT EDMUNDSON
By creating an international registry for recognising and enforcing creditor and lessor rights, these treaties aim to reduce financing costs and risks
Immediate actions needed to foster a more competitive rail industry
8th March 2024 By: Simone Liedtke

South Africa’s rail sector is faced with unprecedented challenges that threaten its operational viability and economic contribution, says law firm Webber Wentzel partner Scott Edmundson, who says... 


Excise duty hikes a given
8th March 2024 By: Riaan de Lange

How many fingers do you have? A hint, when pointing your finger at someone else, you have three pointing back at you, as the adage goes. Want to reconsider your answer once you have finished... 


Red Rock selected as location for Ontario lithium refinery
Red Rock selected as location for Ontario lithium refinery
5th March 2024 By: Mariaan Webb

Clean technology company Rock Tech has selected the former Norampac paper mill site in Red Rock as the location to develop Ontario’s first lithium refinery. Rock Tech, which is listed on the... 


BLSA CEO Busi Mavuso
Mavuso urges public-private collaboration to mitigate looming natural gas cliff
4th March 2024 By: Marleny Arnoldi

Once again policy inaction and government’s inability to commit to large-scale investment will lead to a new blow to energy availability in the economy, with the looming natural gas cliff from... 


Implats group executive: refining and marketing Sifiso Sibiya.
Implats experiencing strong PGMs demand, working on pulling hydrogen uptake closer
1st March 2024 By: Martin Creamer

Platinum group metals (PGM) mining, refining, and marketing company Implats, which reported solid production in a low-price environment on Thursday, is ironically still experiencing strong demand... 


Anglo American's Africa and Australia Regional Director Themba Mkhwanazi.
Project finance clinched for 520 MW South African wind, solar projects – Anglo
29th February 2024 By: Martin Creamer

Johannesburg- and London-listed diversified mining and marketing company Anglo American announced on Thursday that jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has... 


South Africa, Germany sign agreement on labour issues
28th February 2024 By: Rebecca Campbell

The South African Department of Employment and Labour announced on Wednesday that it had signed a Joint Declaration of Interest (JDI) with Germany’s Labour and Social Affairs Department. The JDI... 


Gas tap with pipeline
Decisions, collaboration in next few months are crucial to bridge 2026 gas cliff, IGUA-SA warns
27th February 2024 By: Marleny Arnoldi

Large industrial gas users are starting to prepare for what will likely be South Africa’s next big energy crisis, the imminent shortage of natural gas. Petrochemicals manufacturer Sasol, as the... 


Deputy President Paul Mashatile
169 Zondo Commission 'recommendations' still under investigation – Mashatile
27th February 2024 By: Sashnee Moodley

The Integrated Task Force, set up by the National Prosecuting Authority and the Hawks, is coordinating the implementation of 205 'recommendations' that came out of the Zondo Commission of Inquiry... 


Christo Wiese
South African billionaire Wiese returns to his diamond-hunting roots
26th February 2024 By: Bloomberg

Christo Wiese, South Africa’s-billionaire retail king, is going back to the future. The 82-year-old serial investor, who steered the expansion of both Africa’s biggest clothing retailer and the... 


US targets ‘disposable’ firms in new Russian sanctions blast
26th February 2024 By: Bloomberg

The latest round of Russia sanctions unveiled Friday targeted hundreds of people and entities from around the globe, including a Liechtenstein company that traded precious metals, a semiconductor... 


Econometrix director and chief economist Dr Azar Jammine
Budget shows an economy treading water, not collapsing – Jammine
23rd February 2024 By: Darren Parker

Although Finance Minister Enoch Godongwana’s Budget, delivered on February 21, seemed somewhat prudent, Econometrix director and chief economist Dr Azar Jammine said there was not much in it to... 


Mondi reports lower Ebitda, concludes exit from Russia
22nd February 2024 By: Sabrina Jardim

Paper and packaging group Mondi achieved underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) of €1.2-billion for the year ended December 31, 2023, compared with... 


An EV being charged
NEV producers will be able to claim 150% of their investment spend in 2026
21st February 2024 By: Darren Parker

To encourage the production of new energy vehicles (NEVs) in South Africa, Finance Minister Enoch Godongwana has proposed that an investment allowance be made available for new investments from... 


Company calls for Finance Minister to announce incentives to drive EV industry growth
19th February 2024 By: Schalk Burger

Electric vehicle (EV) renewable energy charging infrastructure company Zero Carbon Charge is calling on Finance Minister Enoch Godongwana to announce a series of fiscal measures to incentivise the... 


Finance Minister Enoch Godongwana
Reserves drawdown is wildcard in South Africa’s election budget
19th February 2024 By: Bloomberg

Enoch Godongwana needs to conjure an annual budget that balances spending pressures stemming from this year’s elections with the South African National Treasury’s commitment to stabilise its... 


WearCheck’s technical manager, Steven Lumley
SLIDING THROUGH TIME: Lubrication from stone age to modern age
19th February 2024

In part one of Lubrication from Stone Age to Modern Age (WearCheck Technical Bulletin 88), we slid through 5,000 years of lubrication history and left off at the end of the age of enlightenment in... 


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