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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

South Africa makes surprise recovery in 2017 reputation index

21st July 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... 

Private partners to be sought for R16bn Swazilink rail project

21st July 2017 Southern African railways utilities Transnet and Swaziland Railways have agreed to package the 146-km ‘Swazilink’ greenfield line between Lothair, in South Africa, and Sidvokodvo, in Swaziland, as a public-private partnership (PPP) and may release an international tender for a 20- to 25-year... 

Eskom at odds with solar body over reconciliation of renewables costs

21st July 2017 The affordability of South Africa’s growing fleet of renewable energy plants has been questioned on several occasions by Eskom and Public Enterprises Minister Lynne Brown also weighed in recently, telling Parliamentarians in late June that, while electricity arising from the renewables plants was... 

Growth sapping

21st July 2017 Only an extreme optimist would have expected policy certainty to emerge from the African National Congress’s (ANC’s) recent policy gathering. The event was primarily about managing the politics of policy, with both factions seeing it as an opportunity to show off their relative strength. The... 

Eskom expects DFIs to be key funding source in coming three years

21st July 2017 State-owned power utility Eskom indicated that funding from development finance institutions (DFIs) is likely to form the backbone of its capital-raising effort over the coming five years, during which its debt is expected to peak at R500-billion. However, Eskom followed fellow State-owned... 

Eskom’s reputational platform is burning

20th July 2017 Arguably one of the most telling statements made at this week’s Eskom results presentation was the public assurance given by interim CEO Johnny Dladla that “no decision would, in future, be taken outside the executive committee meetings. “Whatever decision is taken, it will be a decision that is... 

State capture casts long shadow over Eskom’s results

19th July 2017 South Africa’s worst kept corporate secret was confirmed on Wednesday, when Eskom reported a sharp fall in after-tax profits to R888-million in 2017, from over R5-billion in the previous financial year. However, the results were overshadowed by serious allegations of corruption and... 

Request for SIU probe of Eskom submitted to President Zuma

18th July 2017 Public Enterprises Minister Lynne Brown confirmed on Tuesday that she had submitted a formal request to President Jacob Zuma for the establishment of a Special Investigations Unit (SIU) investigation into allegations of impropriety at State-owned utility Eskom. Speaking on the sidelines of the... 

Brown acknowledges cost competitiveness of renewables as she calls for deal that goes ‘beyond price’

18th July 2017 Public Enterprises Minister Lynne Brown, who in June criticised the high cost of renewable energy, offered a tacit acknowledgement on Tuesday of the growing competitiveness of solar and wind, while calling for a long-term deal with the renewable-energy sector to avoid job losses in the energy... 

Black-led energy investment firm encouraged by moves to restore IPP policy certainty

17th July 2017 The head of a black-managed and led JSE-listed energy investment company says he is encouraged by the framework outlined by Finance Minister Malusi Gigaba for re-establishing policy certainty for the electricity sector and for independent power producers (IPPs). IPPs have been left in limbo since... 

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