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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 wants ‘double digit’ 2018 tariff increase

16th June 2017 State-owned electricity utility Eskom says it will make a final revenue application to the National Energy Regulator of South Africa (Nersa) this month, but has confirmed that the application will be for a “double digit” tariff increase for implementation on April 1, 2018. Business news website... 

NPC commissioner calls for energy-planning overhaul

14th June 2017 A member of the National Planning Commission (NPC) has pointed to serious shortcomings in South Africa’s current energy planning processes and has called for future plans, including the highly contested Integrated Resource Plan (IRP) for electricity, to be compiled by a new independent technical... 

‘Not one’ CSR locomotive made in South Africa, economic research group claims

14th June 2017 Research commissioned by independent economic research institution Trade and Industrial Policy Strategies (TIPS) has found that, despite local-content obligations, not one of the China South Rail (CSR) locomotives being procured by Transnet has been assembled in South Africa and that all have... 

South African Reserve Bank says platinum coin concept not viable

12th June 2017 The South African Reserve Bank (SARB) has no intention of mandating the South African Mint to produce a platinum coin to be marketed along the lines of the successful Krugerrand gold coin, revealing that feasibility studies have shown the concept to be unviable. Deputy governor Francois Groepe... 

Transnet sets up special review committee as locomotive-contract heat is turned up

9th June 2017 State-owned freight logistics group Transnet has established a special committee to review the company’s procurement processes, with a specific focus on the locomotive acquisition programme. The programme, and specifically the procurement of 359 electric locomotives from China South Rail (CSR),... 

Study initiated to chart route to a million new manufacturing jobs

9th June 2017 Manufacturing associations across a range of subsectors, including plastics and packaging, chemicals, agroprocessing and steel have endorsed a Manufacturing Circle-led initiative, designed to find ways of creating an additional one-million manufacturing jobs in South Africa. Manufacturing Circle... 

Shift in Emphasis

9th June 2017 A significant shift in emphasis from behaviour to structure appears to be at the heart of proposed changes to South Africa's Competition Act. Economic Development Minister Ebrahim Patel has established an advisory panel to develop the draft amendments, with a view to bolstering South Africa’s... 

R1.5bn steel incentive to focus on downstream sectors

9th June 2017 Economic Development Minister Ebrahim Patel released details last month of a new R1.5-billion incentive for downstream steel manufacturers, applications for which opened on June 1. The incentive, officially named the ‘Downstream Steel Industry Competitiveness Fund’ is to be administered by the... 

R218m loan approved for development of Free State natural gas project

9th June 2017 South Africa’s State-owned Industrial Development Corporation (IDC) has approved R218-million in loan finance to support the further development of a natural gas resource in the Free State through the creation of a 107-km pipeline network and associated gas processing facilities. The funding,... 

Busa urges Nersa to reject Eskom’s request to deviate from tariff methodology

9th June 2017 Business Unity South Africa (Busa) has heavily criticised what it describes as Eskom’s request for a “blanket condonation” from the National Energy Regulator of South Africa (Nersa) to deviate from the multiyear price determination (MYPD) methodology and minimum information requirements for... 

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