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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 to fast-track socioeconomic assessments for five coal stations facing closure

30th March 2017 Public Enterprises Minister Lynne Brown has called on Eskom to urgently complete socioeconomic impact assessments for its coal-fired power stations in Mpumalanga, five of which having been earmarked for decommissioning over the coming five years, owing to flat demand and the introduction of new... 

Liquid metal battery inventor questions lithium-ion as grid-scale storage solution

29th March 2017 Liquid metal battery inventor Professor Donald Sadoway, of the Massachusetts Institute of Technology, believes the technology has the potential to provide the “missing piece” in an electricity market that relies on “redundancy and overcapacity” to balance supply and demand – a feature that will... 

Patel says construction fund will be ‘open to public scrutiny’

27th March 2017 Economic Development Minister Ebrahim Patel has pledged that all transactions pursued under the R1.5-billion Tirisano Fund – which is to be capitalised by the seven the construction companies that recently signed up to the Voluntary Rebuilding Programme (VRP) – will be “be open to public... 

EIB backs last-mile power connectivity in Kenya

27th March 2017 The European Investment Bank (EIB) has signed a €60-million loan agreement with Kenya to support an ongoing project designed to connecg 300 000 Kenyan households to the national electricity grid. The loan for Kenya Power’s ‘Last Mile Connectivity’ project forms part of a “blended” €180-million... 

Gordhan on getting South Africa’s growth, transformation dynamic right

24th March 2017 Finance Minister Pravin Gordhan has again responded to questions about whether his ‘inclusive growth’ narrative is at odds with the ‘radical economic transformation’ vision being espoused by President Jacob Zuma. Addressing businesspeople at a function hosted by Deloitte in Johannesburg on... 

Impact of Africa on South Africa’s economic performance being ‘underestimated’

24th March 2017 Sub-Saharan Africa (SSA) is currently the main destination for South African exports and its influence on the economic performance of South Africa is being “underestimated by many commentators”, International Monetary Fund (IMF) senior resident representative in South Africa Dr Montfort Mlachila... 

JSE-listed infrastructure fund seeks capital for next acquisitions

24th March 2017 JSE-listed infrastructure investment holding company GAIA Infrastructure Capital has appetite for further funds for investments into energy, transport, as well as water and sanitation assets. CEO Prudence Lebina tells Engineering News Online that the company, which invests only in operational... 

AFD sets aside €1.3bn to support high social impact SA projects

24th March 2017 French development financier Agence Française de Développement (AFD) expects to disburse €1.3-billion in funding support to South African projects in the coming five years as part of a newly approved operational strategy for the country. AFD says the funding will take the form of nonsovereign... 

Outgoing High Commissioner sees better post-Brexit trade deal for SA

24th March 2017 Outgoing British High Commissioner to South Africa Dame Judith Macgregor says there will be no “cliff edge” in the trade and investment relationship between the UK and South Africa when Britain leaves the European Union (EU), arguing that there is even potential to strengthen the relationship... 

Ratings ‘pressure point’

24th March 2017 While much of 2016 was dedicated to junk avoidance, the risk of a downgrade persists, with both Fitch Ratings and S&P Global to decide this year whether to designate the country as ‘stable’, or to downgrade it to junk. South Africa’s unstable political climate, together with the country’s poor... 

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