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Eskom to buy ‘emergency’ coal, splurge on diesel as load-shedding risk returns 

By: Terence Creamer     16th November 2018 South Africa’s power utility Eskom reports that it has received approval for the National Treasury from the “urgent procurement” of four-million tons of emergency coal to help address serious stock shortfalls at several of its 15 coal-fired power stations. More than 1.1-million tons have already... 

Eskom to buy ‘emergency’ coal, splurge on diesel as load-shedding risk returns
Photo by Dylan Slater
Eskom CEO Phakamani Hadebe

Regulator approves restart of NTP’s isotope production facility 

By: Marleny Arnoldi     16th November 2018 NTP Radioisotopes on Friday confirmed that the National Nuclear Regulator (NNR) had given it the go-ahead to resume production of essential medical radioisotopes at its Pelindaba facility. NTP, which is a subsidiary of State-owned South African Nuclear Energy Corporation (Necsa), will start with... 

Regulator approves restart of NTP’s isotope production facility

Malusi Gigaba named in bombshell Treasury report on rot at Eskom, Transnet 

By: News24Wire      16th November 2018 National Treasury has released a bombshell report of more than 600 pages detailing the extent of rot at Transnet and Eskom over the last six years – and says Malusi Gigaba compromised the procurement process of controversial new Chinese locomotives. The report, compiled after a forensic... 

Malusi Gigaba named in bombshell Treasury report on rot at Eskom, Transnet
Photo by Bloomberg
Former Home Affairs Minister Malusi Gigaba

Treasury report finds Koko meddled to help Tegeta

By: African News Agency      16th November 2018 Former Eskom CEO Matshela Koko obstructed coal testing that would have compromised the contract Tegeta Exploration cinched with the power utility, according to a forensic report released by National Treasury on Friday. The report by Fundudzi Forensic Investigation Services details how Eskom... 

 Treasury report finds Koko meddled to help Tegeta
Photo by Creamer Media
Former Eskom CEO Matshela Koko

Masango resigns as Eskom capital division executive

By: Marleny Arnoldi     16th November 2018 Eskom group capital division executive Abram Masango has resigned, the Mail & Guardian reported on Friday. This follows after Eskom's announcement earlier in the day that it had suspended him, pending an investigation into various allegations of impropriety against him relating to the Kusile... 

Masango resigns as Eskom capital division executive
Eskom group capital division executive Abram Masango

MTN, Cell C secure extension on new end-user regulations deadline

By: Natasha Odendaal     16th November 2018 Mobile operators Cell C and MTN South Africa have reached an agreement with the Independent Communications Authority of South Africa (Icasa) over the implementation of the End-User and Subscriber Service Charter Regulations. The terms of the settlement set a new date of February 28, 2019, for the... 

Astron commissions new R150m tank truck loading rack at Cape Town refinery

By: Marleny Arnoldi     16th November 2018 Astron Energy, formerly Chevron South Africa, officially opened its new tank truck loading rack (TTLR) at its Milnerton refinery, in Cape Town, on Wednesday. The facility took two years to complete and will increase filling efficiency at the refinery – reducing loading time of an average 40 000... 

Astron commissions new R150m tank truck loading rack at Cape Town refinery
Astron Energy CEO Jonathan Molapo and Astron Energy regional transport and operations GM Danie Gouws open the new TTLR at Milnerton refinery

All not lost, despite trust deficit between govt, private sector

By: Simone Liedtke     16th November 2018 The current trust deficit between government and the private sector is not just based on the private sector’s belief that nothing can or will be done, but rather on the lack of correctly identifying opportunities when trying to bridge the gap. This sentiment, shared by panellists during a... 

All not lost, despite trust deficit between govt, private sector

New pan-African trade bloc holds much promise for SA business

By: Rebecca Campbell     16th November 2018 From March 17 to March 21 this year, African Heads of State and Government held an Extraordinary Summit in Kigali, Rwanda. This was the 10th Extraordinary Summit of the African Union (AU) Assembly and the last day saw the signature of the agreement to establish the African Continental Free Trade... 

New pan-African trade bloc holds much promise for SA business

Upcoming protest not the first amid talks of transition away from coal – SAWEA

By: Simone Liedtke     16th November 2018 The South African Wind Energy Association (SAWEA) has defended the industry’s job creation potential. This comes ahead of a peaceful march by the National Union of Mineworkers (NUM), which is planned for November 17, to protest potential job losses in the coal-fired power generation sector as a... 

PSG Wealth to move into Ingress development in Midrand  

By: Marleny Arnoldi     16th November 2018 JSE-listed property developer Attacq and wealth management firm PSG Wealth on Friday held a sodturning ceremony to officiate the development of the Ingress office park, in the Waterfall precinct, in Midrand. PSG will take up residency in a four-storey 4 376 m2 building, with the construction... 

Attacq CEO Melt Hamman and PSG chairperson Willem Theron share details on the Ingress development in Midrand that will house PSG from August 2019. Video and editing: Nicholas Boyd.

Treasury announces progress on national health insurance bill  

By: African News Agency      16th November 2018 The South African National Treasury on Friday announced it made “substantial” progress on the national health insurance (NHI) Bill consultation in key areas and have reached agreement on most of the major issues. “We have made substantial progress on key areas and have reached agreement on most... 

Treasury announces progress on national health insurance bill

ACSA, Wits Access Management System challenge winner announced

By: Tasneem Bulbulia     16th November 2018 Team Authentic8 was on Friday declared the winner of the Airports Company South Africa (ACSA) and University of the Witwatersrand's (Wits') Tshimologong Digital Innovation Precinct’s security access management hackathon, also called the Access Management System Challenge. The announcement was... 

ACSA, Wits Access Management System challenge winner announced

Vusi Khanyile appointed WWF-SA chairperson

By: Simone Liedtke     16th November 2018 Former Thebe Investment Corporation chairperson Vusumzi (Vusi) Khanyile has been elected the new chairperson of World Wide Fund-South Africa’s (WWF-SA) board of directors at the nongovernmental organisation’s fiftieth annual general meeting. He takes over from Valli Moosa, who has chaired the... 

Vusi Khanyile appointed WWF-SA chairperson
Newly-elected World Wide Fund-South Africa’s (WWF-SA) chairperson Vusi Khanyile

Lack of school toilets puts 620m children in danger – report

By: Reuters     16th November 2018 A lack of proper school toilets threatens the health, education and safety of at least 620-million children around the world, the charity WaterAid said in a new study published on Friday. Children at one in three schools lack access to proper toilets, putting them at risk of diarrhea and other... 

Zambia plans to transform state power utility into viable firm

By: Reuters     16th November 2018 Zambia has started implementing measures aimed at transforming State-owned Zesco into a viable and efficient public power utility company, the government said on Thursday. Zesco has in the recent past been experiencing serious operational challenges, the chairman of the team put in place to... 

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      16th November 2018 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Engineering News iPhone and Android Apps available for free download

Nespresso to use Rio Tinto’s responsibly-sourced aluminium in coffee capsule production

By: Marleny Arnoldi     Updated 2 hours 47 minutes ago Nespresso, an operating unit of Nestlé Group, will be the first company to use responsibly-sourced aluminium from global miner Rio Tinto to produce its coffee capsules. The two companies have signed a memorandum of understanding (MoU) to work together with Nespresso’s capsule manufacturers to... 

Nespresso to use Rio Tinto’s responsibly-sourced aluminium in coffee capsule production
Nespresso using Rio Tinto's responsibly-sourced aluminium in coffee capsule production

Automaker groups warn US tariffs will undermine new NAFTA deal

By: Reuters     16th November 2018 US automakers and parts suppliers on Thursday warned that President Donald Trump's steel and aluminum tariffs and threatened car tariffs would undermine the benefits of the new deal to modernize the North American Free Trade Agreement, causing widespread job losses. At a wide-ranging hearing... 

Pentagon to cut troops in Africa as focus shifts to China, Russia

By: Reuters     16th November 2018 The US military will withdraw hundreds of troops focused on counterterrorism operations in Africa over the next several years to support the Pentagon's increased focus on countering threats from China and Russia, officials said on Thursday. Earlier this year, the US military put countering China... 

Common understanding required between govt, small business to respond to challenges – Zulu

By: Simone Liedtke     15th November 2018 With the Fourth Industrial Revolution (4IR) fast approaching, Small Business Development Minister Lindiwe Zulu on Thursday said a common understanding was needed among all people in South Africa in order to respond to the challenges and possibilities that it presents. This, she told delegates... 

Common understanding required between govt, small business to respond to challenges – Zulu
Photo by Dylan Slater
Small Business Development Minister Lindiwe Zulu

Own revenue generation enables Gauteng to extend budget allocation by R1.9bn  

By: Marleny Arnoldi     15th November 2018 Finance MEC Barbara Creecy has increased the Gauteng Provincial Government’s budget by R1.9-billion to R123.2-billion, compared with the R121.4-billion budget that was announced in March. Presenting the Adjustment Budget and Medium Term Budget Policy Statement in the Gauteng Legislature, on... 

Ghana to raise $750m through London IPO of minerals fund

By: Bloomberg     15th November 2018 Ghana will seek to raise as much as $750-million through a sale of shares in a fund that will hold the West African nation’s stakes in mining companies and receive mineral royalties, said Finance Minister Ken Ofori-Atta. In September, lawmakers passed legislation for the creation of the fund that... 

GE pulls out of Nigeria rail concession, hands over to Transnet

By: Bloomberg     15th November 2018 General Electric (GE) said it’s giving up a Nigerian railway concession and handing it over to Transnet in line with its strategy to exit the transportation business. Agreements GE reached with the Nigerian government “are now being negotiated by Transnet and its consortium partners” including... 

Steeledale appoints new CEO

By: Tasneem Bulbulia     15th November 2018 In line with Kutana Steel Group’s long-term strategy, its member company Steeledale has appointed Chris Harito CEO, effective January 1. Harito previously served as the CFO of Steeledale under the leadership of outgoing CEO Schalk Burger. 

Attacq unveils landmark Africa sculptures at Mall of Africa

By: Tasneem Bulbulia     15th November 2018 JSE-listed Attacq this week unveiled its latest art development, titled “There is no time like the present” and located at Mall of Africa. The sculptures, each reaching a height of 5.5 m, represent the two “faces” of Africa. 

Attacq unveils landmark Africa sculptures at Mall of Africa
Attacq Africa sculptures

Allied Steelrode launches second stretcher leveller amid lacklustre environment 

15th November 2018 Allied Steelrode earlier this month launched its second stretcher leveller, a machine which helps to eliminate the stresses in steel, amid a somewhat lacklustre local business environment. Simone Liedtke, who attended the launch, tells us a bit more. 

Allied Steelrode launches second stretcher leveller amid lacklustre environment

Sappi mulls further Saiccor expansion as it moves ahead with R7.7bn project 

By: Terence Creamer     15th November 2018 JSE-listed forest products group Sappi has confirmed that it is considering a further expansion of its giant Saiccor dissolving wood pulp (DWP) mill in KwaZulu-Natal, having only recently pulled the trigger on a R7.7-billion investment to expand output at the facility by 110 000 t/y. An... 

Sappi mulls further Saiccor expansion as it moves ahead with R7.7bn project
The Saiccor mill

Attacq’s Ellipse Waterfall achieves towering first-week sales

By: Tasneem Bulbulia     15th November 2018 JSE-listed Attacq, in collaboration with JV partner Tricolt, is recording high sales volumes on Phase 1 of Ellipse Waterfall, the first high-rise residential development within Waterfall City, with sales totalling R420-million in the first week. The new residential development was announced in... 

Attacq’s Ellipse Waterfall achieves towering first-week sales
Ellipse Waterfall

Stable growth forecast for 2019 wine grape crops

By: Marleny Arnoldi     15th November 2018 Wine industry representative body Vinpro expects 2019 wine grape crops will return to normal levels in most regions, owing to good rainfall after a three-year-long drought. However, the Klein Karoo region is still experiencing serious water shortages, it warned on Thursday.  

Stable growth forecast for 2019 wine grape crops

‘Massive’ fuel price drop on the cards for December – AA

By: News24Wire      15th November 2018 The Automobile Association (AA) announced on Thursday that, based on current data, motorists could expect ‘massive drops’ in the prices of petrol and diesel for December.  The association is predicting a drop of R1.54 per litre for petrol, with diesel dropping by 92 cents and illuminating... 

 ‘Massive’ fuel price drop on the cards for December – AA

Committee gives green light for Constitutional amendment on land reform 

By: African News Agency      15th November 2018 The ruling African National Congress (ANC) on Thursday, dismissed accusations by opposition parties that the process which led to the adoption of a draft report by members of Parliament (MPs) on Thursday in favour of changing the Constitution to explicitly provide for land expropriation without... 

Committee gives green light for Constitutional amendment on land reform

Malusi Gigaba resigns as MP 

By: News24Wire      15th November 2018 Malusi Gigaba has resigned as a Member of Parliament, saying it was his honour and privilege to serve as a MP for the African National Congress (ANC). The Office of the Speaker and ANC Chief Whip Jackson Mthembu confirmed Gigaba's resignation on Thursday, effective from Tuesday, November 13. "It... 

Malusi Gigaba resigns as MP
Photo by Reuters
Former Home Affairs Minister Malusi Gigaba

SA municipalities expect budget deficit of R4.7bn in 2018/19 – Treasury 

By: African News Agency      15th November 2018 The revenue for South African municipalities is expected to rise to R431.5-billion in 2019/20 and R462.5-billion in 2020/21 from a budgeted R404.6-billion for 2018/19, the National Treasury said on Thursday. In a statement on the medium term revenue and expenditure framework for municipalities,... 

SA municipalities expect budget deficit of R4.7bn in 2018/19 – Treasury

Cape Town to sign loan with German state-owned KfW Bank for urban wastewater management

By: African News Agency      15th November 2018 The City of Cape Town will next week sign a loan agreement with the Germany's KfW Development Bank for urban wastewater management which will be payable at a favourable rate over 15 years.  The loan is in line with the City's ongoing focus on the upgrading of urban wastewater management... 

China lending to sub-Saharan Africa can support growth, but brings risks – Moody's

By: African News Agency      15th November 2018 China’s increased lending to governments in sub-Saharan Africa has the potential to support economic growth, but also amplifies credit risks for countries with high debt, ratings agency Moody’s has said. “Unless African investment financed by Chinese loans generates substantial economic gains... 

Municipalities' unpaid water bills increase to a whopping R13.1bn

By: News24Wire      15th November 2018 Municipalities that do not pay their water bills have run up a whopping R13.1bn debt – an amount just R2bn short of the entire annual budget of the Department of Water and Sanitation. The department told the Portfolio Committee on Water and Sanitation on Wednesday that despite interventions since... 

Nzimande in, Gigaba out, but home affairs questions get bumped in the House

By: News24Wire      15th November 2018 Acting Minister of Home Affairs Blade Nzimande may have been present during the oral question session in Parliament on Wednesday, but answers to key questions in this portfolio were not. Former Home Affairs Minister Malusi Gigaba, now an ordinary MP, was also absent. Gigaba resigned this week... 

Nzimande in, Gigaba out, but home affairs questions get bumped in the House
Acting Home Affairs Minister Blade Nzimande

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PSG Wealth to move into Ingress development in Midrand

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