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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

No local-content verification yet on Transnet locomotives

11th August 2017 The South African Bureau of Standards (SABS) has confirmed with Engineering News Online that it has not conducted any verification of local content in the 1 064 locomotives being acquired by Transnet and that it also does not have an agreement with Transnet to do so. Transnet awarded the... 

Progressive moves

11th August 2017 The decision of the Industrial Development Corporation (IDC) to publish the identities of its new clients, including those officially identified as politically exposed people (PEPs), should be applauded. Such disclosure affects all of the State-owned development finance institution’s funding... 

M&R says Australia maintenance contract a signal of future strategic intent

10th August 2017 The oil and gas unit of Murray & Roberts (M&R) has been awarded a five-year contract to perform maintenance services at a liquid ammonia plant and a technical ammonium nitrate (TAN) plant on the Burrup Peninsula, in Western Australia. Norway’s Yara International, which owns the facilities,... 

Macozoma concerned South Africa may miss out on big electric-vehicle opportunity

8th August 2017 Leading business personality Saki Macozoma has expressed concern that South Africa is not fully aligning its economic and industrialisation plans to areas of future demand, including in the area of electric vehicles (EVs). Speaking at the launch of a new book authored by political commentator... 

South Africa’s ‘accelerating’ SOE-guarantee exposure a risk to debt sustainability

4th August 2017 Rising contingent liabilities in State-owned enterprises (SOEs), together with the recent ratings downgrades pose the main risks to South Africa’s debt sustainability, the Organisation for Economic Cooperation and Development (OECD) cautions in its fifth and latest economic survey of the country.... 

CSP engineering specialist optimistic about technology’s inclusion in new IRP

4th August 2017 Global engineering and technology group SENER, which is active in three concentrated solar power (CSP) projects in South Africa, is optimistic that South Africa’s updated Integrated Resources Plan (IRP) will include an allocation for CSP, despite the technology’s exclusion from the draft Base... 

South Africa makes surprise recovery in 2017 reputation index

4th August 2017 Despite ongoing political turmoil and an increase in policy uncertainty, South Africa made a surprise recovery in the 2017 edition of a global reputation study, rising four places to 45 out of 71 countries measured. Unveiling the results of the latest Country RepTrak study, which has been... 

Fee cushioning?

4th August 2017 One of the more interesting recommendations contained in the Organisation for Economic Cooperation and Development’s (OECD’s) 2017 economic survey of South Africa relates to how higher education could be financed without posing a risk to fiscal sustainability. The proposal comes amid strong calls... 

Study highlights ‘worrying’ low-investment trend among large JSE-listed firms

1st August 2017 New research by the Centre for Competition, Regulation and Economic Development (CCRED) shows the largest 50 companies listed on the JSE expanded their financial reserves to R1.4-trillion by the end of 2016, contradicting arguments that investment in South Africa was being undermined by a lack of... 

IDC reports strong rise in support for black industrialists as disbursements fall

31st July 2017 South Africa’s Industrial Development Corporation (IDC) has announced that its funding approvals have increased to a record R15.3-billion in 2017, but also confirmed that it would not meet a five-year target, set in 2015, of R100-billion in approvals by 2020. Presenting the financials in... 

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