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Transport of wind turbine components for two projects under way

By: Tasneem Bulbulia     20th May 2019 Turbine tower sections for the Kangnas Wind Farm and Perdekraal East Wind Farm are being transported from the Port of Saldanha Bay and from Atlantis to the project sites. The two wind projects, which form part of Bid Window 4 of the Renewable Energy Independent Power Producers Procurement... 

Load-shedding’s impact on first-quarter GDP ‘more muted’ than thought – Intellidex

By: Simone Liedtke     17th May 2019 Based off high-frequency data, the impact of record load-shedding during the first quarter of this year is “more muted than previous estimates would suggest”, financial consultant Intellidex said on Friday. The company explained that it could account for about R300-million per stage per day so... 

Mozambique’s GDP growth to fall to below 3% following Idai

By: Marleny Arnoldi     17th May 2019 The Mozambican government has estimated its emergency assistance needs and reconstruction costs following cyclone Idai, in March, will reach $1.5-billion, or about 10% of the country’s gross domestic product. The International Monetary Fund (IMF), in a report, compiled information around the... 

Rebranded Minerals Council reflects the promise of the future 

By: Nadine James     17th May 2019 The Minerals Council South Africa – formerly the Chamber of Mines –  officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables the industry to reach its true economic and... 

New skills needed for people to succeed in the 4IR workplace 

By: Marleny Arnoldi     16th May 2019 As the world continues to evolve and adapt to the Fourth Industrial Revolution (4IR), education is no longer the only requirement for success in the workplace. Skills such as communication, learning, attitude and emotional intelligence have also become important, economist Mike Schüssler said... 

Greenland optimises Kvanefjeld economics

By: Esmarie Iannucci     15th May 2019 An optimised feasibility study into the Kvanefjeld rare earths project, in Greenland, has estimated a $31-million increase in annual revenue, at current rare-earth prices. ASX-listed Greenland Minerals on Wednesday reported that the optimised study had estimated an 8% increase in rare-earth... 

Work on Bosmansdam road around Century City continuing apace

By: African News Agency      15th May 2019 Work on the busy Bosmansdam road around the Century City precinct is continuing, with the City of Cape Town announcing on Tuesday that it will be contributing a further R20-million towards the rehabilitation of the existing road and extension of the cycle lane towards the N7 freeway. This... 

Mnangagwa gets rid of Energy Minister amid power cuts, fuel crisis

By: African News Agency      15th May 2019 President Emmerson Mnangagwa on Tuesday night dropped energy and power development minister, Joram Gumbo, amid crippling fuel shortages and power cuts that have rocked Zimbabwe. Gumbo was has been moved to the less prominent portfolio of minister of state for presidential affairs. 

Swedish Foreign Minister outlines goal to be 100% reliant on renewables

By: Kim Cloete     14th May 2019 The Nordic countries have brought their renewable energy expertise to South Africa for African Utility Week and shown how serious they are about reducing carbon emissions. Sweden’s State Secretary for Foreign Affairs, Niklas Johansson, on Tuesday said the European country had the most stringent... 

Unemployment rate rises to 27.6% in Q1

By: Tasneem Bulbulia     14th May 2019 South Africa’s unemployment rate increased by 0.5 of a percentage point to 27.6% in the first quarter of this year, Statistics South Africa’s (Stats SA’s) latest Quarterly Labour Force Survey (QLFS) shows. The increase in the unemployment rate is attributable to a decline of 237 000 in the number... 

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