R/€ = 19.26 Change: -0.01
R/$ = 16.43 Change: -0.04
Au 1878.06 $/oz Change: -28.45
Pt 866.19 $/oz Change: -19.39


Transnet Pipelines notes another theft incident

By: Tasneem Bulbulia     26th October 2020 Pipelines operator Transnet Pipelines (TPL) says it continues to experience theft of fuel from its petroleum pipelines, with the latest incident in the Ladysmith area on its 24-inch multiproduct pipeline transporting fuel from Durban to the Gauteng inland terminal. The incident resulted in diesel... 

Minerals Council bemoans lack of competiveness focus in economic recovery plan 

By: Marleny Arnoldi     16th October 2020 The Minerals Council South Africa says the Economic Reconstruction and Recovery Plan – unveiled by President Cyril Ramaphosa on October 15 to a joint hybrid sitting of Parliament – does not go far enough in addressing areas where South Africa can improve its global competitiveness. While the... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

New addition to vortex flowmeter family: OPTISWIRL 2100 for basic utility applications

By: Creamer Media Reporter      13th October 2020 Economical solution for liquid, (wet) gases, saturated and superheated steam applications Advanced Vortex Frequency Detection (AVFD) technology for stable measurements with demanding process conditions from -40…+240°C / -40…+464°F Flange and sandwich versions with optional integrated nominal... 

The Future of Solar Energy

By: Creamer Media Reporter      8th October 2020 By Tiaan Hendriks, National Sales Engineer at SEM Solutions Solar energy has come a long way in the last few years. A decade ago, the global market was not only small, it relied heavily on governmental support and subsidies. Fast forward to 2019 and the International Energy Agency (IEA) says that... 

Newest Ctrack Transport and Freight Index shows welcome increase

By: Irma Venter     29th September 2020 The newest Ctrack Transport and Freight Index has shown an 8% increase between the quarter to August and the quarter to May ­– the first time in 13 months that the index has been back into the black. “It is almost a certainty that the broader transport sector will contribute positively to gross... 

ARA conference to be held virtually next month

By: Simone Liedtke     28th September 2020 Newly appointed executive secretary of the African Refiners and Distributors Association (ARA) Anibor Kragha has called for urgent financing to upgrade oil refineries and associated infrastructure to avoid premature deaths caused by air pollution in developing economies. Speaking ahead of the... 

Gold reserves growth dwindling globally

By: Marleny Arnoldi     4th September 2020 Research agency Standard & Poor’s (S&P's) Global Market Intelligence says major gold miners globally have seen their economically mineable gold reserves decline over the last decade, owing to a lack of new discoveries and a shift away from growth strategies to margin preservation. With top... 

Transnet reports more arrests connected to fuel theft

By: Tasneem Bulbulia     1st September 2020 Heightened security measures around the country’s fuel pipeline have assisted in the arrest of 16 suspects in the past week, Transnet Pipelines said in a statement on September 1. It noted that these arrests were linked to a number of attempted fuel theft incidents, which could have resulted in... 

Alaska liquefied natural gas project, US

By: Sheila Barradas     21st August 2020 Alaska Gasline Development Corporation plans to build a facility that will produce liquefied natural gas for export. 

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