R/€ = 17.19 Change: -0.16
R/$ = 14.51 Change: -0.12
Au 1804.30 $/oz Change: -10.51
Pt 1008.11 $/oz Change: -43.39


Trading remains positive for Mondi as macroeconomic uncertainties remain

By: Simone Liedtke     5th August 2021 While macroeconomic uncertainties remain, trading is positive for paper and packaging manufacturer Mondi, which expects to see the full impact of the price increases implemented to date and the continued contribution from its capital investment projects during the second half of this year. 

Biden set US goal of 50% clean cars as carmakers ask for help

By: Bloomberg     5th August 2021 President Joe Biden plans to call for half of all vehicles sold in the US to be emission free by the end of the decade, an ambitious goal that automakers say can only be achieved with a bigger government investment in charging stations and other infrastructure. Biden will be joined at the White... 

Iata statistics show Covid-19 affected its six regions differently

By: Rebecca Campbell     4th August 2021 In percentage terms, Africa suffered the third worse fall in air passenger numbers last year, the Iata World Air Transport Statistics document, published on Tuesday, has shown. Iata is the International Air Transport Association, the representative body of the global airline industry. African air... 

Iata statistics confirm depth of airline industry crisis last year

By: Rebecca Campbell     4th August 2021 The release on Tuesday of the International Air Transport Association’s (Iata’s) “Iata World Air Transport Statistics” report, covering 2020, has confirmed with hard data the depth of the crisis that afflicted the global aviation industry last year, as a result of the Covid-19 pandemic. (Iata is... 

Green hydrogen has significant growth potential as a zero-carbon fuel, says the WPIC

By: Simone Liedtke     4th August 2021 Energy company Siemens Gas and Power estimates that, by 2050, hydrogen demand will have risen to over 450 megatons a year, be dominated by green hydrogen and be essential to achieving global decarbonisation. Hydrogen demand is currently at between 70 and 80 megatons a year and over 90% of... 

Board gives go-ahead for Daimler split, SA to follow 

By: Irma Venter     4th August 2021 The management board and supervisory board of German car and truck maker Daimler have given the go-ahead for the group to split in two: Mercedes-Benz Group and Daimler Truck. Daimler shareholders are set to decide on the company realignment at an extraordinary general meeting on October 1. 

Sanral relaunches R61 upgrade project

By: Donna Slater     2nd August 2021 The South African National Roads Agency Limited (Sanral) has relaunched its R61 upgrade project, aimed at upgrading the road from Bayiza to Mthatha Airport, in the Eastern Cape. The project came to a standstill in June 2018 when the previous contractor was placed under business rescue and... 

UK joins space defence organisation race

By: Rebecca Campbell     2nd August 2021 The UK became the latest country to activate a space-focused defence organisation, with the official opening of UK Space Command. The new command was formally created on April 1 – just as the Royal Air Force (RAF) had been, 103 years before. It is currently headquartered at RAF Station High... 

Sasol capitalising on green hydrogen opportunities

By: Tasneem Bulbulia     2nd August 2021 Green hydrogen can play a significant role globally in decarbonising hard-to-abate industries, and can be an energy source for mobility and industry, and a source of hydrogen for the petrochemical industry. This was the message given by chemicals company Sasol 2.0 Transformation executive VP... 

South Africa needs all available engineers, says former Saice president

By: Schalk Burger     30th July 2021 South Africa needs all available built environment professionals, especially engineers, to build and manage infrastructure for the benefit of the country's development and future generations, civil engineer and former South African Institution of Civil Engineering (Saice) president Sam Amod said... 

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