http://www.engineeringnews.co.za
R/€ = 15.80 Change: 0.06
R/$ = 13.26 Change: -0.04
Au 1291.62 $/oz Change: -21.35
Pt 934.00 $/oz Change: -10.00
 

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

Editorial Insight

Rolling power plan

By: Terence Creamer     15th September 2017 Energy Minister Mmamoloko Kubayi has confirmed that the Department of Energy (DoE) is “working around the clock” to finalise the updated Integrated Resource Plan (IRP); a document that will outline the direction South Africa electricity mix will take until 2050. From a technoeconomic perspective,... 

Point of no return

By: Terence Creamer     8th September 2017 Hardly a day goes by when there isn’t a new and disturbing headline about governance, or the lack thereof, at one of South Africa’s State-owned companies (SOCs). To be sure, when historians reflect on the President Jacob Zuma-era, the ‘capture for looting’ of the country’s SOCs will be a major... 

No eclipsing integration?

By: Terence Creamer     1st September 2017 For many observers of global political and economic developments, the recent coast-to-coast total solar eclipse in the US would have epitomised the current state of the world: a blocking out of global integration in favour of bellicose nationalism. For some others, however, the shadow cast over... 

Nuclear scenarios

By: Terence Creamer     25th August 2017 For attentive followers of developments in South Africa’s not-always-transparent energy sector, a section in Jackkie Cilliers’ new book, ‘Fate of the Nation: Three Scenarios for South Africa’s Future’, will be of definite interest. The overall aim of the book isn’t to explore the energy sector in... 

Auctions steam ahead

By: Terence Creamer     18th August 2017 South Africa may be on the global sidelines currently with regard to the procurement of new renewable generation capacity, chiefly because of Eskom’s refusal to enter into new power purchase agreements. Nevertheless, as a relatively early adopter (some might even say pioneer) of the auction... 

Progressive moves

By: Terence Creamer     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... 

Fee cushioning?

By: Terence Creamer     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... 

Undocumented capture?

By: Terence Creamer     28th July 2017 Arguably one of the most telling statements made at last 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... 

Growth sapping

By: Terence Creamer     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... 

Special deals, again?

By: Terence Creamer     14th July 2017 South Africans will no doubt remember the ugly 2008 standoff between Standard Bank and BHP Billiton over whether Eskom should, in the midst of power shortages, honour a favourable metal-price-linked electricity supply deal with the diversified miner’s aluminium smelters in South Africa and... 

Profound policy implications

By: Terence Creamer     7th July 2017 A newly published academic paper offers something of a valuable signpost for African policymakers as they grapple with the problem of needing to add new electrical capacity at scale in a context of major global technological change – developments that will, undoubtedly, have material implications... 

Gravitational forces of energy transition

By: Terence Creamer     30th June 2017 The focus in South Africa’s electricity sector has shifted in recent times from a debate on the future system design – particularly the role of renewable energy, gas and nuclear in the generation mix – to the poor state of governance at Eskom. However, this should not be interpreted to mean that... 

Damage control mode 

By: Terence Creamer     23rd June 2017 There is now absolutely no question that the country’s toxic politics is dragging the economy down and that most, if not all, the pain is self-inflected. There is also no doubt that, because the most pressing problem is a political one (corrupt politicians and private citizens, who have distorted... 

Out of the ‘shadow State’

By: Terence Creamer     16th June 2017 The stomach-churning #GuptaLeaks revelations have demonstrated in dismaying detail just how far President Jacob Zuma and his allies have veered off the path laid so painstakingly by struggle icons such as Nelson Mandela and Oliver Tambo. Indeed, even if the media reports arising from the leaks... 

Shift in Emphasis

By: Terence Creamer     9th June 2017 A significant shift in emphasis from behaviour to structure appears to be at the heart of proposed changes to South Africa's Competition Act. Economic Development Minister Ebrahim Patel has established an advisory panel to develop the draft amendments, with a view to bolstering South Africa’s... 

‘Hard Brexit’ fallout?

By: Terence Creamer     2nd June 2017 The narrative in South Africa about the possible implications of the UK leaving the European Union (EU) has focused mainly on the possible additional market-access opportunities, particularly for South African agricultural products. Far less attention has been given to the economic implications... 

Contested terrain 

By: Terence Creamer     26th May 2017 So what precisely is radical economic transformation? The answer, in an era of factional African National Congress (ANC) politics, depends very much on the speaker and the audience. Indeed, the definition is more hotly contested than this season’s Premier Soccer League, which ended on a... 

One to watch

By: Terence Creamer     19th May 2017 Government processes for setting the yearly Budget are well established and are held in high regard both domestically and internationally. On one measure – transparency – South Africa consistently appears near the very top of global rankings. For this reason, any change to the process is likely... 

Toxic combination

By: Terence Creamer     12th May 2017 Two core attributes of South Africa during apartheid were State illegitimacy and political and social and intolerance. To recall just how illegitimate the apartheid government was, it is worth revisiting the December 1973 resolution of the United Nations General Assembly, which reaffirmed that... 

Downgrade dichotomy

By: Terence Creamer     5th May 2017 The dichotomy between the negative political and economic narrative in South Africa – precipitated by the March 30 Cabinet reshuffle and the subsequent ratings downgrades by S&P Global Ratings and Fitch Ratings– and the relatively sanguine response of currency, bond and equity markets has been... 

Missing ingredient

By: Terence Creamer     28th April 2017 Before compiling the National Development Plan (NDP), the drafters diagnosed South Africa’s socioeconomic predicament as follows: widespread poverty and extreme inequality persist; too few South Africans are employed; the quality of education for poor black South Africans is substandard; poorly... 

Economic crossroads

By: Terence Creamer     21st April 2017 Unless and until the pall of political uncertainty is lifted, it seems almost futile to debate the changes required to elevate levels of growth and realign the country’s economic structures such that the benefits of higher growth flow progressively to those hitherto “left behind”. Indeed,... 

Incapable State and economic sabotage

By: Terence Creamer     14th April 2017 The decision by President Jacob Zuma to retain in his Cabinet Bathabile Dlamini and Faith Muthambi (albeit with the latter in a new role as Public Service and Administration Minister) brought to mind arguments about the vital relationship between an individual’s competence and her or his ability... 

Manage the transition

By: Terence Creamer     7th April 2017 Nearly every day there is news about a new innovation in electricity generation, storage or efficiency as researchers respond to the pressing challenge of securing more energy, while producing less carbon dioxide. Scientists are continuing to improve the performance of solar panels, old coal... 

‘So far, so good’ allegory

By: Terence Creamer     31st March 2017 When reflecting recently on the state of the UK economy, S&P Global chief European economist Jean-Michel Six likened the optimistic post-Brexit-vote economic commentary to a person jumping out of a 50-storey building and, halfway down, exclaiming: “So far, so good!” The UK economy, Six avers, is... 

Ratings ‘pressure point’

By: Terence Creamer     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... 

More connected, but more disconnected

By: Terence Creamer     17th March 2017 Few would deny that national and global affairs are more unsettled than they have been for years. Typically, people point to the Brexit vote, or the shock election of President Donald Trump as the most obvious signs of this upheaval. However, the ferment is as visible at home, where it has... 

R150bn small-business opportunity 

By: Terence Creamer     10th March 2017 The new Preferential Procurement Policy Framework Act (PPFA) regulations, which will take effect on April 1, have the potential to provide a significant stimulus to small business development in South Africa. The updated rules explicitly allow for a “set aside” in tenders for firms with a certain... 

Taking the gap

By: Terence Creamer     3rd March 2017 Like a Mamelodi Sundowns striker against a hapless Orlando Pirates defender, Finance Minister Pravin Gordhan skilfully took the gap left by President Jacob Zuma in defining what is meant by “radical socio-economic transformation”. Only days earlier the President had a real opportunity to use the... 

Contested terrain

By: Terence Creamer     24th February 2017 While the recent chaos-ridden State of the Nation address was long on rhetoric and short on detail (as well as new ideas), President Jacob Zuma nevertheless arguably succeeded in placing the concept of ‘radical socio-economic transformation’ at the centre of the current economic and business... 

Watching brief

By: Terence Creamer     17th February 2017 The closure and possible liquidation of an Eastern Cape wind-tower manufacturing facility only four years after it opened raises serious questions about whether business can truly rely on government policy as a basis for making investment decisions. Operations at the plant have been suspended... 

To trade jaw-jaw is always better . . .

By: Terence Creamer     10th February 2017 The backlash against globalisation and scepticism over the benefits of free trade is currently so strong that there is a real risk that countries could retreat into ill-considered and destructive forms of protectionism. In other words, forms of protectionism – sold as patriotism – that undermines... 

Power narratives

By: Terence Creamer     3rd February 2017 Those who have always been cautious about believing what they read arguably possess a genuine edge in this era of ‘alternative facts’ and ‘post-truth politics’. Our skills of discernment are being stretched to the limit amid a social-media explosion, which is rewriting the rules of engagement.... 

Walk and chew gum

By: Terence Creamer     27th January 2017 Much attention is rightly being given to the composition of South Africa’s future electricity generation mix. Warts and all, the much-delayed process of updating the Integrated Resource Plan (IRP) is at least under way. It is also arguably positive that the deadline for comment has been extended... 

Power battle lines

By: Terence Creamer     20th January 2017 The delicate balancing of the factional interests within the African National Congress (ANC) was a significant feature of the National Executive Committee’s 105th anniversary statement. It was even apparent in this seemingly bland section dedicated to electricity, which reads as follows: “South... 

Difficult, but important year

By: Terence Creamer     16th December 2016 Few South Africans are likely to look back on 2016 with much fondness. Nevertheless, it has arguably been an important year for the country and the evolution of democracy. The greater assertiveness of civil society, which made its presence felt in 2015, was consolidated in 2016, warts and all.... 

Plan, but no man

By: Terence Creamer     9th December 2016 South African Reserve Bank (SARB) governor Lesetja Kganyago does little to hide his frustration about the lack of progress in pursuing the structural reforms required to improve South Africa’s growth prospects and deal with its serious unemployment problem. He argues that the National Development... 

Scenario sampling

By: Terence Creamer     2nd December 2016 First the good news. The Department of Energy (DoE) has, finally, released the draft Integrated Resource Plan (IRP) base case for public comment and consultation. Despite what has been an unacceptable delay in updating a plan that is six years out of date, at least South Africans have something... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

News This Week

more

Business Leader

more

Cartoon

more

Photo of the week

more

Latest Videos and Audio

more

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close