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Cyber-risks a major concern for South African, African businesses – Allianz

By: Schalk Burger     18th January 2022 Cyber-risks are the biggest concern for companies globally, in South Africa, Africa, the Middle East and Nigeria in 2022, and the threat of ransomware attacks, data breaches or major information technology outages are of greater concern to companies than business and supply chain disruption,... 

Green ammonia team aims for bankable project proposal within 18 months  

By: Marleny Arnoldi     18th January 2022 Since announcing plans to build a green ammonia export plant in Nelson Mandela Bay, the partners behind the project Hive Hydrogen, Built Africa and Afrox subsidiary Linde have witnessed a great deal of interest in this first-of-its-kind undertaking. The R75-billion project heralds a new area for... 

Richards Bay Bulk Terminal receives new multi-purpose ship loader

By: Tasneem Bulbulia     18th January 2022 The Richards Bay Bulk Terminal has taken delivery of a new multi-purpose ship loader as part of its capacity creation initiatives. This investment of over R124-million is expected to contribute to improved loading rates at the terminal, as well as to aid in the handling of increased volume... 

Suzuki reports 67% surge in new-vehicle sales in 2021

By: Irma Venter     18th January 2022 Suzuki Auto South Africa (SASA) saw 67% growth in new-vehicle sales in 2021 as it delivered 27 583 new vehicles to customers, the highest on record for the local arm of the Japanese car manufacturer. SASA reported new-vehicle sales of 16 527 units for 2020. The same year also saw SASA breach the... 

Shipping companies had a $150bn year, economists warn they’re also stoking inflation

By: Bloomberg     18th January 2022 Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers – and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything. The spot rate for a 40-foot container to the... 

Transnet highlights turnaround at Richards Bay Bulk Terminal

By: Tasneem Bulbulia     17th January 2022 The loading rate of vessel MV Braverus at 1 205 t/h for a total of 167 341 t of magnetite, which was completed on January 14, is an early indicator of recovery at the Richards Bay Bulk Terminal, Transnet Port Terminals (TPT) highlights in a statement. It notes that this performance comes just a... 

IEA sees South Africa’s 100 MW reform offering some short-term supply relief 

By: Terence Creamer     14th January 2022 South Africa’s new policy allowing power plants smaller than 100 MW to connect to the grid for self-consumption and sell power into the grid without applying for a generating licence may help address capacity issues in the short term, the International Energy Agency (IEA) states in a new report.... 

Coal vessels await clearance to leave as Indonesia mulls ease of export ban

By: Reuters     12th January 2022 Indonesian authorities have yet to issue papers to allow 14 coal vessels to depart, a senior official said on Wednesday, as the government prepared to assess whether to further ease an export ban in the world's biggest shipper of thermal coal. The suspension was implemented on Jan. 1 to avoid... 

Indonesia considers coal levy as easing of export ban calms markets

By: Reuters     11th January 2022 Chinese thermal coal futures fell on Tuesday after Indonesia, the world's biggest thermal coal exporter, eased a ban on overseas shipments that surprised buyers at the start of the year, alleviating concerns about supply disruptions. The export ban was introduced after state power utility... 

Rio purchases battery-electric trains for the Pilbara

By: Esmarie Iannucci     11th January 2022 Mining major Rio Tinto will buy four battery-electric trains to use in the Pilbara as part of its strategy to reduce its carbon emissions by 50% by 2030. Rio on Tuesday announced that it had purchased the four 7MWh FLXdrive battery-electric locomotives from Wabtec Corporation with production... 

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