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Terence Creamer

Terence Creamer

Terence Creamer is the Editor of Engineering News and a Deputy Editor for Mining Weekly.

He also has editorial responsibility for Polity.org.za and Creamer Media's Research Channel Africa.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Eskom confident of raising R72bn despite qualified audit

23rd July 2018 Financially stressed electricity producer Eskom expressed confidence on Monday that it would be able raise the R72-billion it required for the 2019 financial year, despite having received a qualified audit opinion for the 2018 financial year, reporting a R2.3-billion loss and nearly 20-billion in... 

Davies appoints senior DTI officials as SABS co-administrators

20th July 2018 Trade and Industry Minister Dr Rob Davies has appointed three senior Department of Trade and Industry (DTI) officials as co-administrators of the South African Bureau of Standards (SABS), which he placed under administration on June 28 after dissolving the SABS board. The co-administrators had... 

Competition Amendment Bill to be submitted to Parliament

20th July 2018 Cabinet has approved the submission of the Competition Amendment Bill to Parliament. In a statement released following its July 4 meeting, Cabinet said the amendments provide for an extension of the mandate of the competition authorities and the executive to address high levels of economic... 

Self-imposed August deadline for finalisation of IRP at risk

20th July 2018 South Africa’s Cabinet did not deliberate on the Integrated Resource Plan (IRP) at its most recent fortnightly meeting, potentially threatening Energy Minister Jeff Radebe’s self-imposed mid-August deadline for finalising the long-awaited update to the electricity generation plan. Communications... 

Time to embrace a Wild Boars spirit

20th July 2018 The evacuation of the 12 members of the Wild Boars soccer team and their coach from a flooded cave in northern Thailand serves as a powerful reminder of just what is possible when people unite behind a common project. Success was far from guaranteed, but the mission would have failed at the very... 

Competition Bill includes ‘greater flexibility’ for large firms to collaborate

19th July 2018 The overarching objective of the Competition Amendment Bill is to foster a “new deal for economic transformation and inclusion”, but Economic Development Minister Ebrahim Patel also notes that the proposed legislation introduces greater flexibility for collaboration by large firms. Speaking at... 

Competition Bill’s national security veto of foreign mergers ‘tightly codified’

17th July 2018 The national security veto included in the Competition Amendment Bill, which was tabled before Parliament on Tuesday, had been “tightly codified” so as not to deter potential investors, but rather offer certainty, Economic Development Minister Ebrahim Patel said during a briefing in Cape Town.... 

Low-carbon economy scenarios project under way

13th July 2018 Amid growing calls for South Africa’s transition to a low-carbon economy to be a just one, a project has been launched to map the possible socioeconomic and environmental scenarios for the transition. The initiative is being undertaken by the Mapungubwe Institute for Strategic Reflection... 

Infrastructure-focused firm moving to raise capital for next round of acquisitions

13th July 2018 JSE-listed investment holding company GAIA Infrastructure Capital is embarking on an investor roadshow in an effort to raise the capital it needs to acquire additional infrastructure assets with a combined value of R1.7-billion. The company, which invests in operating infrastructure assets in... 

Rediscovering Mandela

13th July 2018 The great leadership challenge of our times is to make the correct decisions, and implement them, in a world that is increasingly failing to recognise that the destiny of all humanity is as tightly interwoven as a seamless cloth. One of the extreme ironies of the so-called connected generation is... 

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