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Latest News

Germany's Voith to supply more turbines for Ethiopia's Renaissance Dam

By: Reuters     18th October 2018 German mechanical engineering conglomerate Voith has signed an agreement to supply turbines for a $4-billion dam Ethiopia is building along the River Nile, state-affiliated media said on Wednesday. The 6 000 MW Grand Renaissance Dam is the centrepiece of the Horn of Africa country's bid to become... 

Ramaphosa orders inquiry at State pension fund

By: Reuters     18th October 2018 President Cyril Ramaphosa on Wednesday appointed a judicial inquiry into the R2-trillion State pension fund, a government gazette said, following corruption allegations. The PIC is Africa's biggest pension fund and the biggest investor in South Africa's economy holding a large volume of bonds... 

Ramaphosa orders inquiry at State pension fund
President Cyril Ramaphosa

Draft IRP comment deadline nears 

18th October 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the upcoming deadline for public comment on the draft Integrated Resource Plan (IRP), the main areas of contention and what Cabinet is likely to decide when deliberating on the final IRP. 

Draft IRP comment deadline nears
Draft IRP comment deadline nears

Nigeria central bank, MTN getting closer to settlement – Minister

By: Reuters     18th October 2018 Nigeria's central bank and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation of $8.1-billion, Nigeria's information minister said on Wednesday. The central bank says MTN transferred $8.1-billion of funds out of Nigeria in breach of... 

Keep coal’s current share of the energy mix, says NUM

By: Kim Cloete     18th October 2018 The National Union of Mineworkers (NUM) has called for coal to be retained far more strongly in the country’s energy mix. In its submission on the draft Integrated Resource Plan (IRP) 2018, the NUM Western Cape said it was concerned that coal’s share in the energy mix was set to be reduced. “As... 

Renewable energy industry comments on draft IRP

By: Kim Cloete     17th October 2018 The renewable energy sector in South Africa has welcomed the draft Integrated Resource Plant (IRP) 2018, but has also expressed concerns. “While the IRP forecasting is rational in its choices, it unfortunately requires us to accept some overly optimistic assumptions,” said the South African... 

Organisations raise objections to the draft IRP

By: Kim Cloete     17th October 2018 Industry bodies and organisations have welcomed aspects of the draft Integrated Resource Plan 2018 but have also raised concerns during public hearings held in Parliament on Wednesday. They are hoping that their suggestions will be included in a final plan for South Africa’s energy future. 

African countries can leapfrog technologies, if they understand the requirements

By: Rebecca Campbell     17th October 2018 The world, in trade and industrial terms, is being disrupted by both technological and political developments, providing opportunities but also posing risks to African countries. So highlighted University of Cape Town Mandela School of Public Governance Professor Carlos Lopes. On the... 

Improved, integrated healthcare waste management policy needed – health dept

By: Marleny Arnoldi     17th October 2018 A survey conducted by Department of Health found that the majority (79%) of Gauteng public healthcare facilities have a healthcare waste management policy (HCWMP) in place; however, the policy was not always integrated with the various environmental, occupational health and safety as well as... 

First electricity from Imaloto slated for 2021 

By: Simone Liedtke     17th October 2018 Aim-listed Bushveld Minerals, parent company of coal and energy company Lemur Holdings, on Wednesday announced that the Imaloto project is on track to deliver electricity to south-western Madagascar by 2021. The Imaloto project is a developing integrated thermal coal mining and independent power... 

First electricity from Imaloto slated for 2021
Bushveld Minerals CEO Fortune Mojapelo

It’s a tough market out there and it’s not getting better, says CMH

By: Irma Venter     17th October 2018 It has been a challenging year for corporate South Africa, says Combined Motor Holdings (CMH). “The economy has suffered from the after-effects of years of corruption and mismanagement, [as well as] the ANC's recent pronouncement that it intends to amend the Constitution to allow land... 

It’s a tough market out there and it’s not getting better, says CMH

Sanral e-toll proposals are desperate threats – Outa

By: Sashnee Moodley     17th October 2018 The South African National Roads Agency Limited’s (Sanral’s) various proposals to try and force motorists to pay outstanding e-toll bills are desperate threats and will be extremely difficult to implement, said the Organisation Undoing Tax Abuse (Outa) on Wednesday. Sanral CEO Skhumbuzo Macozoma... 

Sanral e-toll proposals are desperate threats – Outa

GE calls for more coal power within the IRP 

By: Kim Cloete     17th October 2018 General Electric (GE) has called on the South African government to reconsider investing in a further 1 600 MW of coal-fired power generation capacity, describing it as "the lifeblood" of South Africa’s economy, a significant job creator and important source of foreign exchange. “The removal of 1... 

Poverty comes with a data premium – Competition Commission hears 

By: Natasha Odendaal     17th October 2018 Just over a year since initiating a market inquiry into data services, the Competition Commission on Wednesday kicked off its three-day public hearings to obtain a clear understanding of what is causing or leading to high data prices, along with the current state of competition, in South Africa.... 

Latest WEF global competitiveness report raises red flags for South Africa

By: Simone Liedtke     17th October 2018 The World Economic Forum’s (WEF’s) latest findings in its Global Competitiveness Report for 2018/19 again raised several flags about factors in South Africa’s economic performance, which are having a serious negative impact on its international competitiveness, says North West University... 

More trains subject to manual authorisation due to signalling defects, MPs told

By: African News Agency      17th October 2018 The number of passenger trains on South African railway tracks subject to manual authorisation because of defective signalling systems continues to rise, MPs heard on Tuesday. Briefing Parliament's portfolio committee on transport, the Rail Safety Regulator (RSR) acting chief executive Tshepo... 

Nigeria State oil company denies existence of $3.5bn fuel subsidy fund

By: Reuters     17th October 2018 Nigeria's State oil company on Wednesday denied parliament's accusation that it had a $3.5-billion fund to surreptitiously subsidise imports of gasoline. The upper house Senate said on Tuesday it would investigate the fund it said the Nigerian National Petroleum Corporation (NNPC) was using... 

E-waste recycling sector still underdeveloped in South Africa

By: Marleny Arnoldi     17th October 2018 The South African electronic-waste (e-waste) recycling industry has not yet reached a point where most components are recovered for reuse, University of KwaZulu-Natal rare earth recycling technologies researcher Mark Williams-Wynn told delegates at the WasteCon 2018 exhibition on Wednesday. He... 

Workers strike over pay at South African arms maker Denel

By: Reuters     17th October 2018 Hundreds of South Africa's Solidarity union members held a strike on Wednesday over a pay dispute at cash-strapped State-owned weapons manufacturer Denel. Denel, which produces military kit for South Africa's army and foreign forces, has held talks with unions over voluntary severance packages,... 

Informal waste pickers should be integrated into formal waste management sector, suggests analyst

By: Marleny Arnoldi     17th October 2018 The informal waste economy in South Africa has been largely responsible for the high rates of post-consumer material recycling that have been achieved, GreenCape Sector Development Agency waste economy analyst Dr Kirsten Barnes noted during a presentation at WasteCon 2018, on Wednesday. Her... 

Cape Town e-bus rollout in limbo until Whitehead investigation wraps up end-2018 

By: Irma Venter     17th October 2018 The City of Cape Town’s bid to use electric buses within its MyCiti system has been stalled by the investigation into former Transport and Urban Development Authority (TDA) commissioner Melissa Whitehead. A fleet of eleven electric buses was scheduled for arrival by the end of 2017, “operating by... 

Cape Town e-bus rollout in limbo until Whitehead investigation wraps up end-2018

Zambian power firm CEC divests from telecoms business

By: Reuters     17th October 2018 Copperbelt Energy Corp (CEC) has sold its 50% stake in CEC Liquid Telecom to Pan-African telecoms group Liquid Telecommunication Holdings, the power firm said on Tuesday. CEC, Zambia's main supplier of power for its mines, and Liquid Telecom were equal partners in the joint telecoms firm since... 

South Africa slips in WEF Global Competitiveness Index

By: African News Agency      17th October 2018 South Africa has fallen another five places in the World Economic Forum Global Competitiveness Index (WEF GCI), placing 67 out of 140 countries. The 2018 WEF GCI, released on Wednesday, scores 140 economies using 98 indicators organised into 12 pillars – institutions, infrastructure, ICT... 

South Africa slips in WEF Global Competitiveness Index

City of Johannesburg, Eskom reach agreement to electrify Zandspruit

By: News24Wire      17th October 2018 Eskom and the City of Johannesburg have reached an agreement to rid the Zandspruit informal settlement of illegal electrical connections. The area has been rocked by protests, which flared up when two children were reportedly electrocuted last week. The protests entered their second day on... 

Calls for greater transformation in the energy industry 

By: Kim Cloete     16th October 2018 Calls for greater participation by black professionals in the energy industry were made during public hearings into the Integrated Resources Plan (IRP), held at Parliament, on Tuesday. The Black Energy Professionals Association, an organisation of black professionals that practice their trade... 

Organisations oppose coal in IRP public hearings 

By: Kim Cloete     16th October 2018 Public hearings into the Integrated Resources Plan (IRP) kicked off in Parliament on Tuesday, with several organisations voicing their concerns about the plan’s provision for new coal-fired power stations. Attorney Robyn Hugo of the Centre for Environmental Rights (CER) told Parliament’s... 

MeerKAT telescope described as 'a quantum leap forward'

By: Kim Cloete     16th October 2018 The launch of Ghana’s Kutunse radio telescope, as well as South Africa’s 64-dish MeerKAT telescope have been lauded as examples of what can be achieved when African countries work together in the interests of science and technology. South African Science and Technology Minister Mmamoloko... 

MeerKAT telescope described as 'a quantum leap forward'
Photo by Dylan Slater
MeerKAT

CSIR, Sansa renew MoU to advance space research, tech development

By: Marleny Arnoldi     16th October 2018 The Council for Scientific and Industrial Research (CSIR) and the South African National Space Agency (Sansa) have renewed their memorandum of understanding (MoU). The first MoU between the organisations was signed in November 2013.  

CSIR, Sansa renew MoU to advance space research, tech development

Civil contractor confidence falls to historic low in Q3 – CIDB

By: Marleny Arnoldi     16th October 2018 The Construction Industry Development Board (CIDB) small and medium-sized enterprises (SME) business conditions survey has shown that civil contractor confidence fell by six index points to a historic low of 27 during the third quarter. Weakness in all the underlying indicators, especially... 

Civil contractor confidence falls to historic low in Q3 – CIDB

AfDB to provide €229m for Rwanda electricity programme

By: Marleny Arnoldi     16th October 2018 The Rwandan government has signed a €229.20-million funding agreement with the African Development Bank (AfDB) to support the country’s electricity supply improvement programme and expand access to electricity under the Scaling Up Electricity Access Program Phase II (SEAP II). This builds on... 

AfDB to provide €229m for Rwanda electricity programme
African Development Bank power, energy, climate change and green growth VP Amadou Hott

Attacq, Tricolt to launch first high-rise luxury apartments in Waterfall City

By: Simone Liedtke     16th October 2018 JSE-listed Attacq has partnered with property development company Tricolt to launch the first high-rise luxury apartments in Waterfall City, with the first phase of development set to be completed by 2021. The development is comprised of four towers – the Newton, Kepler, Da Vinci and Galileo... 

Attacq, Tricolt to launch first high-rise luxury apartments in Waterfall City
Artist's impression of the Ellipse Waterfall exterior

Brink Towing Systems SA secures additional export volumes

By: Irma Venter     16th October 2018 An unexpected surge in demand will see Brink Towing Systems South Africa (SA) in October and November export almost 10 000 additional units to its parent company, the Brink Group, in the Netherlands. Brink Towing Systems SA is the largest manufacturer of tow bars in the domestic market, and... 

Brink Towing Systems SA secures additional export volumes
The new Yaskawa robot at the Brink Towing Systems SA factory

EnviroServ returning to its roots following Shongweni malodour issue

By: Simone Liedtke     16th October 2018 After acknowledging that its KwaZulu-Natal-based Shongweni landfill was a contributor to malodour, waste management company EnviroServ has returned to its “old way of disposing of waste”, which comprises using lime to raise the alkalinity (pH) levels at its landfill sites. This decision,... 

EnviroServ returning to its roots following Shongweni malodour issue
Shongweni landfill, in KwaZulu-Natal.

Tower Property generates R396m in proceeds, property net income guidance remains unchanged

By: Simone Liedtke     16th October 2018 Real estate investment trust (Reit) Tower Property Fund (TPF) has generated proceeds of R396-million from asset management initiatives in the current financial year, which it will use as part of its total return strategy. The asset management initiatives included the sale of the Pick n Pay... 

Moody's ratings review of South Africa to come after next week's budget – Treasury

By: Reuters     16th October 2018 South Africa expects Moody's to release its ratings review after next week's medium term budget policy statement (MTBPS), Dondo Mogajane, the director general of the National Treasury said on Tuesday. Mogajane said he met Moody's representatives at an international financial conference in Bali... 

Mboweni slams KPMG over role in VBS scandal

By: African News Agency      16th October 2018 Finance Minister Tito Mboweni on Tuesday condemned auditing firm KPMG for signing off on the financial statements of failed VBS Mutual Bank even though, according to a South African Reserve Bank report, it was clear that it had a shortfall of about R1-billion. "When you have a big auditing firm... 

Mboweni slams KPMG over role in VBS scandal
Finance minister Tito Mboweni

Used oil industry offering significant job creation potential, says foundation

By: Simone Liedtke     16th October 2018 Although still relatively young in South Africa, the economic contribution to the country through job creation in the used oil sector is looking very promising, according to a study commissioned by the Recycling Oil Saves the Environment (Rose) Foundation. A survey commissioned by the foundation... 

Mboweni has received preliminary report on PIC 

By: African News Agency      16th October 2018 Finance Minister Tito Mboweni on Tuesday said he had received a preliminary report on the Public Investment Corporation (PIC), suggesting this would hasten the start date of an inquiry announced by President Cyril Ramaphosa in August. "A preliminary report on the PIC was given to me by the deputy... 

Mboweni has received preliminary report on PIC
President Cyril Ramaphosa & Finance Minister Tito Mboweni

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