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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

IMF says reform of SA public enterprises would help reassure investors

2nd June 2017 The International Monetary Fund (IMF) says "structural reforms" in product, service and labour markets should be South Africa’s immediate policy priority for stimulating growth and job creation, particularly in light of the limited room to galvanise growth through macroeconomic policies. It also... 

DTI on target to achieve 100 black industrialists goal this year

2nd June 2017 Trade and Industry Minister Dr Rob Davies showcased four recipients of government’s flagship Black Industrialist programme (BIP) during his Budget Vote on Tuesday, but astonishingly refused to release the names of all 46 recipients of the non-refundable government grants and concessional loans.... 

Broadening scope of State capture inquiry a transparent attempt at diversion - BLSA

1st June 2017 Business Leadership South Africa (BLSA) has strongly criticised an African National Congress (ANC) suggestion that the scope of a proposed judicial commission of inquiry into allegations of State capture be broadened beyond the issues outlined in the former Public Protector’s ‘State of Capture’... 

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

30th May 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... 

Industry teams up to craft road map for ‘a million new manufacturing jobs’

29th May 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... 

Patel moves to bolster Competition Act’s powers to fight economic concentration

26th May 2017 Economic Development Minister Ebrahim Patel has established an advisory panel to develop draft amendments to the Competition Act with a view to bolstering South Africa’s legislative capacity of to address “persistently high levels of economic concentration”. Patel announced the proposed... 

Pricing deal prevents us from adding protection to price, AMSA insists

26th May 2017 Steel producer ArcelorMittal South Africa (AMSA) insists that the institution of a 12% safeguard duty on hot-rolled coil (HRC) from July 1 will not result in a commensurate rise in domestic prices for the primary-steel product, owing to a pricing agreement with government that regulates the... 

Kubayi leaves door open for new nuclear determination ahead of IRP update

26th May 2017 Energy Minister Mmamoloko Kubayi announced on Saturday that government would not appeal the April 26 ruling of the Western Cape High Court, which declared the processes hitherto used to procure new nuclear capacity to be unconstitutional and illegal, along with three nuclear-related... 

Nuclear ruling may pose risk to legality of IPP programmes

26th May 2017 The recent nuclear ruling, which set aside the Ministerial determinations designed to facilitate the procurement of nuclear power stations, may also carry risks for the legality of the various independent power producer (IPP) procurement programmes, which are proceeding on the basis of... 

South African solar firm in 50 MW India win after intense online bidding

26th May 2017 A South African solar photovoltaic (PV) project developer won the right this week to build a 50 MW solar power plant in Rajasthan, India, following an intensive competitive-bidding process. Phelan Energy Group (PEG), based in Cape Town, prevailed in an online reverse auction involving 14... 

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