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Latest News

Govt to launch investment centre in Gauteng

By: African News Agency      9th April 2018 South African government is set to launch a provincial InvestSA One Stop Shop (OSS) in Gauteng in a bid to attract investment in the province, the Department of Trade and Industry (the dti) said on Monday.  The dti said that the objective of the provincial InvestSA OSS is to provide professional... 

Coega Development Corporation welcomes the signing of the IPP contracts

By: Simone Liedtke     6th April 2018 The Coega Development Corporation (CDC) on Friday welcomed government’s commitment to clean energy, following the signing of 27 power purchase agreements with renewable-energy producers, reigniting the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The projects,... 

Spar Eastern Cape declares war on plastic bags

By: Simone Liedtke     6th April 2018 Spar Eastern Cape (EC) has declared a war on plastic bags as part of the retailer’s efforts to help protect the environment. Spar EC plans to launch an initiative that urges customers to consider alternative grocery packaging options. 

Spar Eastern Cape declares war on plastic bags
Spar Eastern Cape plans to launch an initiative that urges customers to consider alternative grocery packaging options

eltherm awarded electrical heat tracing contract for Ilanga solar project

By: Marleny Arnoldi     6th April 2018 Private engineering and technology company Sener – and its procurement partners Emvelo and Cobra – has awarded global heat tracing specialist eltherm South Africa a contract for the design and installation of an electrical heat tracing (EHT) system at the 100 MW Ilanga solar thermal power plant... 

Nigeria awards two of three gas pipeline deals

By: Reuters     6th April 2018 The Nigerian National Petroleum Corporation (NNPC) said on Friday it had awarded two of three gas pipeline contracts which in total will be worth more than $2.8-billion. One contract for a roughly 200 km (124.27 miles) stretch of the 614 km Ajaokuta-Kaduna-Kano pipeline and stations was awarded... 

Mahindra SA appoints new CEO

By: Marleny Arnoldi     6th April 2018 Car manufacturer Mahindra South Africa (SA) has appointed Rajesh Gupta to succeed Sanjoy Gupta as CEO.  

Mahindra SA appoints new CEO
Mahindra CEO Rajesh Gupta

IPP signing ‘a symbol of hope for South African business’ – Sola

By: Marleny Arnoldi     6th April 2018 Solar energy company Sola has commended Energy Minister Jeff Radebe’s signing of 27 outstanding power purchase agreements with renewable energy independent power producers (IPPs).  

IPP signing ‘a symbol of hope for South African business’ – Sola
Energy Minister Jeff Radebe

Ramaphosa refers Eskom allegations to Special Investigating Unit

By: News24Wire      6th April 2018 President Cyril Ramaphosa referred allegations of mismanagement and graft at state power utility Eskom and rail and ports group Transnet to the Special Investigating Unit (SIU). The SIU, which probes corruption and maladministration in the government, must include “any alleged serious... 

 Ramaphosa refers Eskom allegations to Special Investigating Unit
President Cyril Ramaphosa

Three-nation talks on Ethiopia dam fail to reach agreement

By: Reuters     6th April 2018 Talks in Khartoum between Ethiopia, Sudan and Egypt to resolve differences over a dam Ethiopia is building ended early on Friday without agreement, the Sudanese foreign minister said. Egypt and Ethiopia are at loggerheads over the construction of the Grand Renaissance Dam, a $4-billion... 

SA public servants association warns of 'drastic measures' in wage discussions

By: African News Agency      6th April 2018 South Africa's Public Servants Association (PSA) on Friday called on workers to resort to "drastic measures" to force the government to conclude 2018 wage negotiations. "The negotiations process which has been delayed numerous times before by the employer continued on April 4 and 5 in the form of... 

 SA public servants association warns of 'drastic measures' in wage discussions

ATProM to provide solutions for Eskom around ageing energy infrastructure

By: Marleny Arnoldi     6th April 2018 A new research group Applied Thermo Fluid Process Modelling Research Unit (ATProM) is working on a study – based on an existing collaboration between the University of Cape Town (UCT) and State-owned power utility Eskom – to provide engineers with up-to-date research, students with real-world... 

Technological convergence seen as key to unlocking mobility revolution

By: Natasha Odendaal     6th April 2018 For South Africa to ride the wave being created by the so-called Fourth Industrial Revolution, greater attention will have to be given to aligning the fragmented changes taking place across multiple technologies, as well as in various industry sectors and subsectors. And nowhere is this promise... 

Technological convergence seen as key to unlocking mobility revolution

S Africa’s MeerKAT radio telescope proves its mettle, observes exotic star activity

By: Marleny Arnoldi     6th April 2018 Foremost astronomy and astrophysics research publication, the Astrophysical Journal (ApJ), on Friday published a study of a magnetar that awoke in 2017 from a three-year slumber, which was observed by South Africa’s MeerKAT radio telescope, which is being built in the Northern Cape.  

S Africa’s MeerKAT radio telescope proves its mettle, observes exotic star activity
MeerKAT antennas in the Northern Cape

Iata reports strong global passenger demand for February

By: Marleny Arnoldi     5th April 2018 Global passenger traffic results for February showed a rebound in traffic growth, following the slower demand experienced in January, which was owing to temporary factors such as the later timing of the Lunar New Year. The International Air Transport Association (Iata) reported on Thursday that... 

BMW X3 production starts at Rosslyn plant

By: Simone Liedtke     5th April 2018 Car maker BMW Group South Africa (BMW SA) has started production of the new BMW X3 at its Rosslyn plant, in Tshwane. The German firm has invested R6-billion in South Africa since November 2015 to prepare the plant to produce the BMW X3. 

BMW X3 production starts at Rosslyn plant
Car maker BMW Group South Africa (BMW SA) has started production of the new BMW X3 at its Rosslyn plant, in Tshwane

Tangible results needed to maintain business confidence momentum – Sacci

By: Simone Liedtke     5th April 2018 Although an improved business mood is still present, it has to be augmented by an improvement in the real economy and further focus on better financial conditions, the South African Chamber of Commerce and Industry (Sacci) said on Thursday, releasing the results of its latest business confidence... 

South Africa’s renewables focus shifting from costs to jobs and transformation

By: Terence Creamer     5th April 2018 The themes of transformation and employment in the renewable-energy sector have started to eclipse traditional concerns over cost and reliability following government’s highly contested, and much delayed, decision to press ahead with the signing of agreements for another 27 renewables independent... 

South Africa’s renewables focus shifting from costs to jobs and transformation
Photo by Dylan Slater
Energy Minister Jeff Radebe

Consortium appointed as EPC contractor for Mpumalanga biomass project

By: Simone Liedtke     5th April 2018 A consortium comprising engineering consultant ELB Engineering Services, environment equipment manufacturer KC Cottrell and the ELB Educational Trust, has been appointed as the engineering, procurement and construction (EPC) contractor for Ngodwana Energy’s 25 MW biomass project, in Mpumalanga.... 

Consortium appointed as EPC contractor for Mpumalanga biomass project

Bushveld’s Lemur progressing Madagascar coal and power project

By: Marleny Arnoldi     5th April 2018 Aim-listed diversified miner Bushveld Minerals on Thursday provided an operational update regarding its coal and energy subsidiary Lemur Holdings, stating that the bankable feasibility study for the integrated thermal coal mining and independent power project, in Madagascar, is progressing.  

Bushveld’s Lemur progressing Madagascar coal and power project
Lemur Resources CEO Prince Nyati

WWF welcomes energy minister signing renewable energy contracts

By: African News Agency      5th April 2018 The World Wide Fund for Nature (WWF) on Thursday applauded South African Energy Minister Jeff Radebe's signing off of a R56-billion contract with Independent Power Producers (IPPs). Radebe on Wednesday signed the hotly-contested renewable energy agreements with 27 independent power producers on... 

WWF welcomes energy minister signing renewable energy contracts
Energy Minister Jeff Radebe

China seeks WTO dispute resolution with US over steel, aluminum tariffs

By: Reuters     5th April 2018 China's commerce ministry said on Thursday it has initiated a World Trade Organization (WTO) dispute resolution procedure over US tariffs on its import of steel and aluminum. The move follows a back and forth dispute between the two countries over free trade, that has escalated from an... 

Botswana's power utility lifts tariffs by 10%

By: Reuters     5th April 2018 The Botswana Power Corporation (BPC) said on Thursday it had increased electricity tariffs by 10% as the loss-making utility tries to recover costs. BPC has made operating losses for years due to high import costs, non-performing assets and operational inefficiencies. That has made the company... 

Ghana to review corporate tax exemptions for resources sector

By: Reuters     5th April 2018 Ghana plans to review its process for granting corporate tax exemptions to mining and oil companies as part of measures to eliminate fraud and boost revenues, its vice president said on Wednesday. Mahamudu Bawumia said tax exemptions claimed by some resources companies were not transparent, and... 

Cyberattacks to grow as hackers target greater financial returns – Trend Micro

By: Schalk Burger     5th April 2018 The increase in ransomware, cryptocurrency mining and business email compromise attempts throughout 2017 will continue this year as cybercriminals refine and target their attacks for greater financial return, says cybersecurity multinational Trend Micro. Cybercriminals are increasingly abandoning... 

PSA, Romano merge to create largest corporate signage company in sub-Saharan Africa

By: Marleny Arnoldi     5th April 2018 Corporate signage manufacturer Premier Sayina Africa (PSA) and signage and solar solutions company Romano Signs have merged to create PSA Romano – the largest corporate signage company in sub-Saharan Africa.  

PSA, Romano merge to create largest corporate signage company in sub-Saharan Africa
Romano Signs MD Alexi Romano signs merger with PSA MD Sean Rogers

Solar powers Redefine Properties’ sustainability efforts

By: Simone Liedtke     5th April 2018 JSE-listed Redefine Properties’ total installed photovoltaic (PV) fleet will produce about 35.75-million kilowatt-hours a year of solar power when fully operational.   This forms part of the diversified real estate investment trust company’s strategy on solar energy to deliver cost efficiencies... 

Solar powers Redefine Properties’ sustainability efforts
Some of the key assets where Redefine has already installed rooftop solar PV plants include Boulders Shopping Centre, in Midrand

Aarto Amendment Bill changes ‘legally flawed’ – Outa

By: Anine Kilian     5th April 2018 The Organisation Undoing Tax Abuse (Outa) believes the proposed changes to the Administrative Adjudication of Road Traffic Offences (Aarto) Amendment Bill are impractical, irrational and legally flawed. The Bill, which was passed by the National Assembly in September 2017, is currently under... 

Oando commissions new office building in Lagos

By: Anine Kilian     5th April 2018 Dual-listed Oando has officially commissioned its new office building, the Wings Office Complex, in Lagos, Nigeria. The complex, which was commissioned by State and Petroleum Minister Ibe Kachickwu,  comprises two 12-storey towers with 27 000 m2 of lettable office space, a three-level car park,... 

Darling Brew becomes Africa’s first carbon-neutral brewery

By: Simone Liedtke     5th April 2018 Western Cape-based craft brewery Darling Brew has been named Africa’s first carbon-neutral brewery and is expected to offset a total of 687.96 t of carbon dioxide over the next year. This, the brewery explained, will be equivalent to having eliminated the same amount of carbon from the... 

Darling Brew becomes Africa’s first carbon-neutral brewery
Darling Brew Outside View

Private sector activity expands at slower pace in March

By: Simone Liedtke     5th April 2018 The latest Standard Bank Purchasing Managers’ Index (PMI) shows that South Africa’s private sector activity slowed in March, with the index having decreased to 51.1 points, from 51.4 in February. Nevertheless, the PMI remained above the neutral 50-point level. 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant 

     5th April 2018 Middelburg-based Columbus Stainless aims to remain committed to the growing domestic stainless steel market, while Sassda believes that 2018 may be the year to break the downward trend of consumption in South Africa. 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant
Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant. Editing: Christo Greyling

International Amateur Radio Union youth camp to be hosted in South Africa

By: Simone Liedtke     5th April 2018 The Youngsters-on-the-Air youth camp, which brings together radio amateurs younger than 26, will be held for the first time in South Africa from August 8 to 15. Eighty young radio amateurs from across Europe, Africa and parts of the Middle East are expected to attend the event, which will enable... 

R281m Western Cape forensic pathology facility set for mid-2019 completion

By: Simone Liedtke     5th April 2018 A larger, purpose-built modern forensic pathology facility is being built at the Groote Schuur Hospital, in the Western Cape, to replace the Forensic Pathology Services Laboratory, in Salt River, and is expected to be completed in mid-2019. The project, headed by the Department of Transport and... 

R281m Western Cape forensic pathology facility set for mid-2019 completion
A larger, purpose-built modern forensic pathology facility is being built at the Groote Schuur Hospital, in the Western Cape, and will cost about R281-million.

SNC-Lavalin awarded R3.3m Sasol contract

By: Anine Kilian     5th April 2018 Project management company SNC-Lavalin has been awarded a R3.3-million contract for a detailed engineering package to provide Sasol with an emergency shutdown (ESD) system replacement in Secunda.   

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning

By: Simone Liedtke     5th April 2018 South African glass packaging manufacturer Consol plans to relist on the main board of the JSE. It was listed on the JSE until 2007, when it was taken private by a consortium of private equity investors, led by Brait Private Equity and which included Old Mutual Private Equity, Sanlam Private... 

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning
South African glass packaging manufacturer Consol plans to relist on the main board of the JSE

Radebe says signing of 27 IPP agreements a ‘new dawn’ for renewables in South Africa

By: Terence Creamer     4th April 2018 Agreements opening the way for the construction of 27 renewable-energy independent power producer (IPP) projects, with a combined investment value of R56-billion and a combined capacity of 2 300 MW, were finally signed on Wednesday April 4, after a confidence-sapping delay of over two years. At... 

Radebe says signing of 27 IPP agreements a ‘new dawn’ for renewables in South Africa
Photo by Dylan Slater
Energy Minister Jeff Radebe

M&R independent board issues fair value price range

By: Marleny Arnoldi     4th April 2018 The R15-a-share offer that German investment firm Aton is proposing for JSE-listed Murray & Roberts (M&R) falls well short of what the independent board believes the company is valued at.  

Cable theft in Rosslyn reaching crisis proportions, warns Gauteng MEC

By: Irma Venter     4th April 2018 The Gauteng government on Wednesday expressed its concern about continuous electricity supply disruptions at the Automotive Supplier Park (ASP) in Rosslyn, Tshwane. In recent weeks, production had been halted several times owing to cable theft, said Gauteng Economic Development, Environment,... 

Cable theft in Rosslyn reaching crisis proportions, warns Gauteng MEC

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