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Press Office - Zest WEG Group

Zest WEG Group

Through our two manufacturing facilities based in South Africa, we are one of the largest designers and manufacturers of mini substations and transformers in Africa. We produce both power and distribution transformers as well as custom engineered mini substations for application specific requirements.

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Rolls-Royce Power Systems seeking to certify its mtu engines with hydrogen fuel

By: Rebecca Campbell     15th October 2021 UK-based global power and industrial technology group Rolls-Royce announced on Friday that its Germany-based Rolls-Royce Power Systems division, which produces mtu-brand engines and power systems, was further developing its power generation units so that they could run on hydrogen. Hydrogen fuel... 

Creecy says a climate finance breakthrough is key to COP26 success 

By: Terence Creamer     15th October 2021 South Africa’s Forestry, Fisheries and the Environment Minister Barbara Creecy says a breakthrough is needed at COP26 on the issue of climate finance, warning that the failure of developed countries to honour their $100-billion-a-year commitments has led a breakdown of trust. Addressing a virtual... 

AIIM successfully raises R5bn for infrastructure in SADC

By: Marleny Arnoldi     15th October 2021 Private equity fund manager African Infrastructure Investment Managers (AIIM) has successfully completed a capital increase of R5.5-billion for its flagship Southern African Development Community (SADC) infrastructure fund called the Ideas Managed Fund. The fundraise exceeds an initial... 

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... 

Kenmare reiterates guidance, benefits from strong demand

By: Tasneem Bulbulia     15th October 2021 Mineral sands producer Kenmare Resources MD Michael Carvill says the third quarter, ended September 30, represented the first quarter of ilmenite production at nameplate capacity of 1.2-million tonnes a year, which was an 87% increase on the production achieved in the previous year’s... 

Glencore Coal launches supplier development platform to empower local communities

By: Donna Slater     15th October 2021 Glencore Coal has launched its Enterprise Supplier Development (ESD) portal as a key tool to support small, medium-sized and microenterprises (SMMEs) in the communities in which it operates in an effort to alleviate some of the socioeconomic challenges faced by the communities. The Glencore ESD... 

Volvo Trucks aims for all new-vehicle sales to be electric by 2040

By: Irma Venter     15th October 2021 Volvo Trucks aims for 50% of all global new-vehicle sales to be electric by 2030, says global product management senior VP Jessica Sandström. By 2040, the goal is for 100% of global sales to be fossil-fuel free, whether that will be through the sale of battery-electric of fuel-cell electric trucks. 

Hydrogen fuel cell has inexhaustible future, says Fortescue’s Andrew Forrest 

By: Martin Creamer     15th October 2021 The hydrogen fuel cell has an inexhaustible future as a means of maintaining the planet’s high standard of living, said Fortescue Metals Group chairperson Andrew Forrest during a global online symposium this week. “Our little planet’s cooking, the world’s impatient and there’s any amount of... 

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... 

Energy crisis pushes copper towards best week since 2016

By: Reuters     15th October 2021 Copper on Friday was heading for its biggest weekly gain since 2016 as surging power prices threaten to curb supply at a time when exchange stockpiles are at rock bottom. A rapid rise in the cost of energy and shortages of power in China have already forced zinc and aluminium smelters to cut... 

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