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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

Decision to be made this month on Eskom request to deviate from methodology in next tariff submission

8th June 2017 The electricity subcommittee at the National Energy Regulator of South Africa (Nersa) will, on June 19, deliberate on Eskom’s request that the regulator condone the utility’s deviation from the multiyear price determination (MYPD) methodology and minimum information requirements for tariff... 

Eskom wants Nersa to consider two outstanding RCA applications in wake of court ruling

7th June 2017 State-owned electricity utility Eskom believes the decision of the Supreme Court of Appeal (SCA) to upheld an appeal by National Energy Regulator of South Africa (Nersa) and Eskom relating to implementation of a clawback mechanism in South Africa’s tariff-setting methodology opens the way for... 

Upcoming Mining Charter to include designation of strategic minerals – Zwane

6th June 2017 Mineral Resources Minister Mosebenzi Zwane says the updated Mining Charter to be Gazetted next week will include the “designation of minerals” in support of government’s policy of mineral beneficiation. Speaking in Mpumalanga, on Tuesday, at the reopening of the Highveld Steel heavy structural... 

Protection and recovery in infrastructure spend to determine fate of revived Highveld mill

6th June 2017 The newly reopened heavy structural mill (HSM) at Highveld Steel, in Mpumalanga, is expected to ramp up to its 18 000 t/m nameplate capacity over the coming few months, having produced 4 100 t since its initial restart in April. However, both Highveld and ArcelorMittal South Africa (AMSA), which... 

Eskom to make final ‘double digit’ tariff application for 2018/19 this month

5th 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... 

IDC raises black industrialist funding target to R7.4bn for FY18

5th June 2017 The Industrial Development Corporation (IDC) is budgeting to pick up the pace of lending to black industrialists during its 2017/18 financial year, during which it aims to increase approvals to around R7.4-billion, from R4.7-billion in 2016/17. Divisional executive for agro, infrastructure and... 

Restructured Central Energy Fund to house IPP Office

2nd June 2017 South Africa’s highly respected Independent Power Producer (IPP) Office, which has overseen nearly R200-billion-worth of renewable-energy investment since 2011, is to be incorporated into the Central Energy Fund (CEF), which itself is to be overhauled. Energy Minister Mmamoloko Kubayi announced... 

Report on renewables impasse to be released soon

2nd June 2017 A joint task team set up to find solutions to the current impasse holding back the signing of power purchase agreements (PPAs) for 37 renewable-energy projects procured in 2015 will report back in the first week of June, Energy Minister Mmamoloko Kubayi reported last month. The task team is made... 

‘Hard Brexit’ fallout?

2nd June 2017 The narrative in South Africa about the possible implications of the UK leaving the European Union (EU) has focused mainly on the possible additional market-access opportunities, particularly for South African agricultural products. Far less attention has been given to the economic implications... 

SA’s Agoa eligibility likely to come under pressure before 2025

2nd June 2017 A leading trade expert is urging those South African businesses currently benefiting from preferential market access to the US under the Africa Growth and Opportunity Act (Agoa) to begin to “wean” themselves off such benefits, owing to the increased risk of those preferences being revoked ahead... 

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