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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

Gordhan says Eskom restructuring decision imminent

29th January 2019 Public Enterprises Minister Pravin Gordhan said on Tuesday that Eskom’s financial and operational problems were unlikely to be solved without structural changes being made at the State-owned electiricity utility. Speaking as part of a panel discussion at Business Unity South Africa’s inaugural... 

Business outlines five partnership priorities as it calls for new growth framework

29th January 2019 Business Unity South Africa (Busa) president Sipho Pityana has called for a “new framework for growth” that addresses, through public-private partnerships, the economic risk being posed by high levels of inequality. Speaking at Busa’s inaugural Business Economic Indaba in Johannesburg on Tuesday,... 

Missing element

25th January 2019 It has taken nearly ten years – and counting – for South Africa to update its Integrated Resource Plan (IRP) for electricity. The draft document is currently wending its way though the final, excruciating stages of a revision process that has been under way since August. Some adjustments will be... 

Agrihub seen as key postmining-economy jobs driver in west Gauteng

25th January 2019 An ambitious plan to develop Gauteng’s West Rand into an agri-industrial hub, primarily producing high-value crops for domestic and export markets, is starting to take shape and is expected to be officially launched during the first quarter of 2019. The initiative has been branded ‘Bokamoso Ba... 

World Bank says Eskom debt restructuring should be coupled to power market reform

23rd January 2019 World Bank country director Paul Noumba Um believes the South African government is moving in the “right direction” by pursuing discussions on possible debt relief for Eskom in conjunction with plans for restructuring the utility and overhauling the architecture of domestic power market. He also... 

World Bank says confidence not enough to lift South Africa’s growth prospects

22nd January 2019 The World Bank expects South Africa's growth to pick up modestly in 2019 to 1.3% on the back of several “promising” policy announcements made by President Cyril Ramaphosa’s administration in 2018. It expects the economy to expand by 1.7% in 2020. Nevertheless, the bank believes that the country’s... 

Location a key discussion point as Saudi Aramco mulls South African refinery investment

18th January 2019 “Location, location, location,” South Africa’s Minister Jeff Radebe quipped on Friday after a meeting with his Saudi counterpart, Khalid Al-Falih, where it was agreed that Saudi Aramco and the Central Energy Fund (CEF) would jointly study a plan for a new oil refinery and petrochemical investment... 

Radebe insists IRP to be approved soon, amid Nedlac uncertainty

18th January 2019 Energy Minister Jeff Radebe has reiterated that Cabinet could soon approve the long-awaited update to South Africa’s Integrated Resource Plan (IRP) for electricity, despite persistent suggestions that National Economic Development and Labour Council (Nedlac) sign-off of the document is still... 

Nuclear regulator confirms receipt of 25 000 comments on Thyspunt, Duynefontyn applications

18th January 2019 The National Nuclear Regulator (NNR) reports that is has received over 25 000 comments from affected parties and the general public in response to two nuclear installation site licence (NISL) applications received from Eskom on March 2016. The applications are for the Thyspunt site, in the... 

DoE seeks comment on proposed revisions to fuel-price formula

18th January 2019 The Department of Energy (DoE) is calling for comment on a discussion document it has compiled following a review the basic fuel price (BFP) structure for petrol, diesel and illuminating paraffin. The BFP formula has been employed to calculate the prices of petroleum products produce at South... 

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