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Joburg has 312 informal settlements where illegal connections pose an electrocution risk
Joburg has 312 informal settlements where illegal connections pose an electrocution risk
City Power seeks funding, manufacturing partners for informal settlement ‘energy box’
Updated 1 hour 47 minutes ago By: Terence Creamer

Johannesburg’s City Power is seeking manufacturing and venture capital partners to further develop and pilot a rugged ‘energy box’ concept in one of the city’s 312 informal settlements as a possible greener and safer alternative to the illegal... 


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Mauritius Telecom in talks for subsea cable to link Africa, Asia
Updated 5 hours ago By: Bloomberg

Mauritius’ top telecommunications company is in talks with operators including Reliance Jio Infocomm and Orange for a new undersea cable linking Africa, Indian Ocean islands and Asia, improving... 


UK-Morocco renewable energy link plan gets $10.2m boost
Updated 5 hours ago By: Bloomberg

GE Vernova invested $10.2-million in Xlinks First, the UK company planning a massive renewable power project in Morocco and a 4 000 km undersea cable to deliver the energy to Britain. The... 


Harmony's Mponeng gold mine.
Booming Harmony ups full-year output and grades; lowers cost and capital guidance
Updated 47 minutes ago By: Martin Creamer

Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South... 


Glencore CEO Gary Nagle
Glencore’s Rustenburg ferrochrome smelter remains idled
Updated 7 hours ago By: Martin Creamer

Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province... 


Gold Fields CFO takes early retirement
30th April 2024 By: Martin Creamer

Gold Fields long-serving CFO Paul Schmidt, who is also an executive director of the Johannesburg Stock Exchange-listed gold mining company, is to proceed on early retirement, the company stated in... 


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An image of Forestry, Fisheries and the Environment Minister Barbara Creecy
NCOP approves Climate Change Bill
29th April 2024 By: Tasneem Bulbulia

The National Council of Provinces (NCOP) has approved the Climate Change Bill. “The Climate Change Bill will provide the much-needed legal framework to regulate activities that contribute to... 


Nuclear associations call on G7 States to strengthen the sector to fight climate change
29th April 2024 By: Rebecca Campbell

Eight major international and national nuclear industry associations have urged the Group of Seven (G7) major democratic industrial economies to take steps to further develop nuclear energy... 


Citrus fruit being picked
CGA, ECDC to spend R1.2m on capacitating ten Eastern Cape citrus farmers for exports
29th April 2024 By: Marleny Arnoldi

The Grower Development Company of the Citrus Growers’ Association of Southern Africa (CGA) has partnered with the Eastern Cape Development Corporation (ECDC) to bolster commercialisation prospects... 


Globeleq chief development officer and interim CEO Jonathan Hoffman
Globeleq appoints Hoffman interim CEO
29th April 2024 By: Marleny Arnoldi

Independent power company Globeleq has appointed Jonathan Hoffman interim CEO, effective end-June. He has been chief development officer of the company since 2020 and will be succeeding Mike... 


Images of the Eiffel Tower taken by Airbus Defence and Space's Pléiades Neo satellites
Airbus announces its next generation of Earth observation satellites
29th April 2024 By: Rebecca Campbell

Airbus Defence and Space, part of the Europe-based global major aerospace group Airbus, has announced that it is to augment its in-house Earth observation (EO) satellite constellation capability... 


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An image of Herbert Smith Freehills director Ernst Müller
Herbert Smith Freehills promotes Ernst Müller to director in Johannesburg
29th April 2024 By: Tasneem Bulbulia

International law firm Herbert Smith Freehills is promoting Ernst Müller to director, with effect from May 1. Müller, who joined the firm as an associate in 2017, is a senior associate based in the... 


Rand Refinery donates R2m to seven Gauteng schools
29th April 2024 By: Sabrina Jardim

As part of its commitment to education, precious metals refiner Rand Refinery has donated R2-million to seven primary and secondary schools in Gauteng. The company says this donation will be... 


Astral Foods broiler house
Astral to post 465% rise in earnings as operations normalise
29th April 2024 By: Marleny Arnoldi

Integrated poultry producer Astral Foods has advised that its earnings per share (EPS) for the six months ended March 31 will increase by between 465% and 475% year-on-year. This will result in... 


Eskom warns political parties against placing posters on electrical structures
Eskom warns political parties against placing posters on electrical structures
29th April 2024 By: Thabi Shomolekae

Ahead of the upcoming May 29 elections, State-owned power utility Eskom has cautioned all political parties against the “dangerous practice” of placing election posters on electrical structures.... 


Mineral Resources and Energy Minister Gwede Mantashe
Draft Gas Master Plan released amid supply ‘cliff’ warnings
29th April 2024 By: Terence Creamer

South Africa’s much-delayed draft Gas Master Plan (GMP2024) has been released for public comment by Mineral Resources and Energy Minister Gwede Mantashe, amid indications that the gap between... 


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Magazine round up | 26 April 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

WEIGHING OPTIONS: Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are under way on the funding of South Africa’s transmission requirements, including the potential use of money pledged by rich nations toward an energy transition and another option to tap private sources. Photograph: Bloomberg
WEIGHING OPTIONS

Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are... 

Photo of Martin Creamer
Our platinum group metals industry must be backed to the hilt by all South Africans

The potential loss of platinum group metals (PGMs) demand to battery electric vehicles (BEVs) spells dire consequences for the South African mining industry. At risk are income streams to nearly... 

Photo of Terence Creamer
Reflect and recommit

Memories are short and it often feels like they are becoming shorter not only because of the flood of information associated with the 24-hour news cycle but also second-by-second social media... 

Business Leader

Henry Adams, country manager at InterSystems
Henry Adams

This week we profile Henry Adams, country manager at InterSystems, the primary business of which is supplying and supporting software products 

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STILL FLYING

Years of State capture, corruption and ongoing crime and violence have left deep scars and have taken most of the gloss of any celebrations marking 30 years of democracy. Nevertheless, South Africa... 

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