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Solar assembly
Decision to impose duties on PV modules met with mixture of surprise and support
Updated 4 hours ago By: Terence Creamer

The South African Photovoltaic Industry Association (SAPVIA) has expressed surprise at government’s decision to introduce a 10% import duty and rebate on “photovoltaic cells assembled in modules or made up into panels” in the absence of... 


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Fireblade Aviation prepares for growth in private aviation
2nd July 2024 By: Schalk Burger

Private aviation company Fireblade Aviation has positioned each of its divisions to grow as international demand for aviation resources increases, particularly private aviation over the past three... 


Nersa plans to appeal High Court ruling in AfriForum ‘unlawful’ tariff increase case
2nd July 2024 By: Marleny Arnoldi

The National Energy Regulator of South Africa (Nersa) plans to appeal a court order issued by the Pretoria High Court in a case brought forward by nonprofit civil rights organisation AfriForum.... 


TotalEnergies plans to exit South African offshore gas finds
2nd July 2024 By: Bloomberg

TotalEnergies plans to exit its discoveries of gas-condensate off the tip of South Africa to prioritize exploration in other areas closer to Namibia, according to people familiar with the matter.... 


SAB profiles impact of responsible consumption platform
2nd July 2024 By: Tasneem Bulbulia

At an event held at the group’s premises in Bryanston, Johannesburg, on July 2, beverage manufacturing group South African Breweries (SAB) showcased progress achieved by its responsible consumption... 


IATA urges South Africa to prioritise country’s aviation sector
2nd July 2024 By: Rebecca Campbell

The global representative body for the airline industry, the International Air Transport Association (IATA), on Tuesday called on the new South African Government to continue to prioritise aviation... 


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Frederik Potgieter and Peter Huxham
UN calls for Potgieter, Huxham’s immediate release from Equatorial Guinea prison
2nd July 2024 By: Darren Parker

The UN Working Group on Arbitrary Detention has called for the immediate release of South African engineers Frederik Potgieter and Peter Huxham, declaring in a formal opinion that the detention of... 


African Rainbow Minerals Executive Growth Jacques van der Bijl.
High hopes for potentially game-changing technology at platinum group metal mines
2nd July 2024 By: Martin Creamer

Development of an innovative new mining method for narrow tabular steep dipping orebodies has reached an advanced stage after four years of effort. The reef boring machine that has already been put... 


RFA CEO Gavin Kelly
RFA concerned about lack of transport experience with new Ministers at DoT
2nd July 2024 By: Marleny Arnoldi

While industry bodies such as Agri SA and the Minerals Council South Africa have welcomed the Ministerial appointments or reappointments to the departments that concern them, the Road Freight... 


A Boeing 737 MAX 10
Major restructuring in global aerospace sector confirmed – Boeing, Airbus, absorb Spirit
2nd July 2024 By: Rebecca Campbell

In one of the most important merger and acquisition deals in the global aerospace sector in years, US-based Boeing has announced that it is acquiring another large US group, aerostructures... 


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Treasury says South Africa is making progress with measures to exit greylisting
2nd July 2024 By: Marleny Arnoldi

The National Treasury says it is satisfied with the outcomes of intergovernmental body the Financial Action Task Force’s (FATF’s) plenary meeting outcomes, despite South Africa not being likely to... 


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Sales drop 14% in June as new vehicles become increasingly unaffordable
Sales drop 14% in June as new vehicles become increasingly unaffordable
2nd July 2024 By: Irma Venter

New-vehicle sales in South Africa dropped by 14%, to 40 072 units, compared with the same month last year. The new-passenger-car market reached 26 928 units last month – a decline of 9% over June... 


The signing ceremony in Cairo
Egypt woos Volkswagen with body shop, assembly-line deal
2nd July 2024 By: Irma Venter

In a new strategic cooperation agreement, Volkswagen Group Africa (VWA) and the government of Egypt will conduct a feasibility study on the construction of a body shop and assembly buildings, which... 


ArcelorMittal South Africa CEO Kobus Verster
AMSA to continue operating longs business, but instability at flats unit hits earnings
2nd July 2024 By: Terence Creamer

Despite a negative trading update, steel producer ArcelorMittal South Africa (AMSA) has announced that it will continue to operate its longs business, the closure of which was deferred earlier this... 


Reserve Bank governor Lesetja Kganyago
Kganyago welcomes Godongwana's reappointment as Finance Minister
2nd July 2024 By: Bloomberg

South African central bank Governor Lesetja Kganyago welcomed the reappointment of Finance Minister Enoch Godongwana in the new coalition cabinet unveiled by the president this week. “We still have... 


Trade, Industry and Competition Minister Parks Tau
New trade and industry leadership expected to use industrial policy levers to support key sectors
2nd July 2024 By: Terence Creamer

With industrial policy back in fashion in many economies, business and policy specialists expect new Trade, Industry and Competition Minister Parks Tau to prioritise measures to support key... 


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Magazine round up | 28 June 2024
Magazine round up | 28 June 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

LINES AUCTIONS: The head of South Africa's Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in transmission infrastructure (see also page 14) . “It’s not going to be a cut and paste into the transmission space,” Bernard Magoro stressed at a recent conference, noting that different companies with the requisite skills would need to be encouraged to bid. Photograph: Bloomberg
LINES AUCTIONS

The head of the Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in... 

Photo of Martin Creamer
Improved economy, good job creation, much better service delivery are GNU musts

What South Africans must collectively demand from the Government of National Unity (GNU) is commitment to interventions that lift the performance of the South African economy, attract investment,... 

Photo of Terence Creamer
Lack of transparency

The tapering of loadshedding has arguably provided the Eskom board and executive team with some much-needed time and space to consider the future of the business without the daily distraction of... 

Business Leader

Jarmi Steyn, COO at Canyon Coal
Jarmi Steyn

This week we profile Jarmi Steyn, COO at Canyon Coal, a coal exploration, mining and processing company 

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HIGH-WIRE ACT

The maturity shown by South Africa’s political parties following what was the country’s most competitive elections since the advent of democracy was truly impressive. The fact that a government of... 

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SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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