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Image of the Balancell warehouse
Balancell expands plant tenfold; seeks govt backing for energy storage industry
22nd July 2024 By: Irma Venter

Energy storage company Balancell is moving into a new R80-million factory in Ndabeni, Cape Town, as the business gears up to grow its capacity roughly tenfold, says chief commercial officer Ian Pieters. The lithium ferro-phosphate battery... 


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Anglo Platinum chairperson Norman Mbazima.
PGMs helping to lay greener global foundation, demerging Anglo Platinum highlights
Updated 5 hours ago By: Martin Creamer

Despite the current low-price cycle, the critical role that platinum group metals (PGMs) play in helping to form a foundation for cleaner greener world remains indisputable, Anglo American Platinum... 


President Cyril Ramaphosa
Ramaphosa signs law allowing savers access to pension funds
22nd July 2024 By: Reuters

President Cyril Ramaphosa signed a law that will give savers early access to part of their retirement funds. The president’s assent of the Revenue Laws Amendment Act establishes a so-called two-pot... 


Anglo Platinum's Mogalakwena mine in Limpopo where hydrogen truck is being trialed.
We're looking forward to being PGM leader as a standalone entity – Anglo Platinum
22nd July 2024 By: Martin Creamer

Platinum group metals  (PGM) mining and marketing company, the Johannesburg Stock Exchange primary-listed Anglo American Platinum, highlighted on Monday that it is working to deliver a responsible... 


Aliko Dangote
Dangote to scrap steel investment over allegations of monopoly
22nd July 2024 By: Bloomberg

Aliko Dangote, Africa’s richest man, is calling off plans to invest in a new steel plant in Nigeria after the government accused him of seeking to become a monopoly with his new refinery in the... 


Solar loops
Heatwaves driving strong growth in electricity demand – IEA
19th July 2024 By: Marleny Arnoldi

Energy demand growth is forecast to be among the highest levels this year and next, compared with the last two decades, the International Energy Agency (IEA) notes in its ‘Electricity Mid-Year... 


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EOH names new CFO
19th July 2024 By: Creamer Media Reporter

Information and Communications Technology company EOH has announced that Ashona Kooblall has been appointed executive director and group CFO, with effect from Jully 22. Kooblall will succeed... 


South Africa to lay out carbon market regulation proposals
19th July 2024 By: Bloomberg

South Africa’s National Treasury plans to lay out its proposals for how to regulate carbon markets in the country in the next few months. The government department said it plans to publish a... 


An aerial view of the Dube TradePort and adjacent land
Dube TradePort to rehabilitate 200 ha of land near its developments
19th July 2024 By: Schalk Burger

Special economic zone the Dube TradePort has acquired more than 200 ha of land over the past five years with the specific purpose of conserving environmentally sensitive land near its development... 


Embraer reports increased aircraft deliveries and order backlogs during the second quarter
19th July 2024 By: Rebecca Campbell

Brazil-based global major aerospace group Embraer has reported that, during the second quarter of this year, it delivered 170% more commercial jets (airliners) than it had done during the first... 


Mondi's Richards Bay plant
Mondi launches tender for solar power at Richards Bay plant
19th July 2024 By: Marleny Arnoldi

Paper products manufacturer Mondi’s Richards Bay mill has issued a request for proposals for independent power producers to design, build, own and maintain solar PV power plants of up to 10 MW at... 


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Image of MB Vans SA head Natasha Jardim
Mercedes-Benz Vans SA appoints new managing executive
19th July 2024 By: Irma Venter

Mercedes-Benz Vans South Africa (SA) has appointed Natasha Jardim as its new managing executive, effective from July. Jardim succeeds Nadia Trimmel, who is moving to a new position within the... 


Raw sugar at Durban export terminal
Uasa signs one-year wage agreement in sugar sector
19th July 2024 By: Marleny Arnoldi

Trade union Uasa has signed a one-year wage agreement with the Sugar Manufacturing and Refining Employers Association (Samrea), on behalf of members in the sugar sector. The agreement, which is... 


Tractor in field
Agri SA welcomes agri budget, but suggests more accountability with grants
19th July 2024 By: Marleny Arnoldi

Industry body Agri SA welcomes Agriculture Minister John Steenhuisen’s budget allocation dedicated to strengthening the agriculture sector, particularly through supporting smallholder farmers and... 


Image of the Crestcare Malmesbury hospital
Crestcare group opens R238m private hospital in Malmesbury
19th July 2024 By: Irma Venter

The Crestcare Hospital Group has cut the ribbon on its newest development, the R238-million acute hospital in the Western Cape town of Malmesbury. Crestcare’s majority shareholder is black-owned... 


An image of Public Works and Infrastructure Minister Dean Macpherson
Macpherson echoes Ramaphosa’s call to turn country into a construction site
19th July 2024 By: Tasneem Bulbulia

Public Works and Infrastructure Minister Dean Macpherson has welcomed the announcement by President Cyril Ramaphosa that the national government intends to turn South Africa into a construction... 


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Magazine

Magazine round up | 19 July 2024
Magazine round up | 19 July 2024

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

PLANTATION AUTOMATION: This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most difficult jobs, amid worker shortages and falling production. Bloomberg reports that self-driving trucks are also rumbling over the vast plantations, laying fertiliser and picking up the densely packed harvested bunches. Photograph: Bloomberg
PLANTATION AUTOMATION

This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most... 

Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa’s unity govt, says Pallinghurst’s Arne Frandsen

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 

Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa’s unity govt, says Pallinghurst’s Arne Frandsen

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 

Business Leader

Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa’s unity govt, says Pallinghurst’s Arne Frandsen

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 

GROWTH LEVER: There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a collapsing freight logistics network, to growth. The details of how this will be pursued are not yet clear, but it is also possible this ambition could be overwhelmed by emerging binding constraints in areas such as water supply and failing municipal services.
GROWTH LEVER

There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a... 

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