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Stanbic Botswana secures $125m loan guaranty to support diamond sector

By: Tasneem Bulbulia     27th September 2018 Stanbic Bank Botswana, which is a member of Standard Bank Group, has, along with the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, and Botswana Finance, a subsidiary of Lazare Kaplan International, signed a $125-million loan guaranty, which... 

Airports Company reports fall in its earnings but also in its debt

By: Rebecca Campbell     27th September 2018 The Airports Company South Africa (ACSA), one of the few South African State-owned companies that has been able to keep itself financially healthy, reported on Thursday that, despite declines in its revenues, profits, and earnings before interest, taxes, depreciation and amortisation (Ebitda), it... 

Marubeni says Thabametsi unaffected by group’s policy to halve coal capacity by 2030

By: Terence Creamer     27th September 2018 Japan’s Marubeni Corporation reports that the development of the Thabametsi coal-fired power station, in South Africa, has not been affected by the group’s September 18 policy decision to “no longer enter into any new coal-fired power generation business”. As part of the policy change, Marubeni... 

Polish miner JSW to work with Sasol on new plant

By: Reuters     27th September 2018 Poland's JSW, the European Union's biggest coking coal producer, said on Thursday it will cooperate with South African petrochemicals group Sasol on a project to launch a synthetic fuel plant in Poland. "Poland is an ideal place for launching a coal to fuel plant. We have valuable coal deposits... 

Uranium import probe threatens US nuclear power industry - group

By: Reuters     27th September 2018 US nuclear power generators urged the federal government against taking action in a dispute over imported uranium, arguing tariffs or quotas would increase costs for the struggling industry and possibly cause some reactors to shut, according to a statement emailed on Wednesday. The US Department... 

Johnson Controls Enterprise Management platform gives building owners and operators powerful new tools to showcase energy conservation

27th September 2018 Johnson Controls has expanded the capabilities of its comprehensive, analytical, cloud-based optimisation platform, Enterprise Management (EM), by introducing several new features. The new platform integrates with Johnson Controls Metasys Building Management (BMS) solution as well a number of... 

Bushveld reports first consolidated net profit, net free cash flow for group

By: Simone Liedtke     26th September 2018 Aim-listed Bushveld Minerals on Wednesday reported its first consolidated net profit and net free cash flow for the group for the six-month period ended June 30. Commenting on the results, CEO Fortune Mojapelo said the unaudited financial results for the first half of the financial year reflected... 

ABB digital technology to help enhance Egypt’s power grid

By: Simone Liedtke     26th September 2018 Multinational automation company ABB has been selected by the Egyptian Electricity Transmission Company (EETC) to help upgrade and digitalise the electrical grid in the Port Said region, located along Egypt’s Mediterranean coast. The area includes the landmark Suez Canal. 

Africa’s metals, engineering cluster needs to do more to attract investment 

By: Marleny Arnoldi     21st September 2018 Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade has declared Africa’s metals and engineering sector open for business. Ade was addressing delegates on the second day of Seifsa’s fourth annual Metals and Engineering Indaba, in Johannesburg. 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Eskom implements smart meters in Gauteng

21st September 2018 State-owned power utility Eskom is currently implementing an electricity network infrastructure programme in Gauteng that aims to improve the services rendered to customers through ensuring reliable supply and empowering them to control and manage their own consumption. The implementation process... 

Company eyes expansion into Africa

By: Evert Wasserman     21st September 2018 Owing to its ability to adhere to State-owned power utility Eskom’s stringent electrification infrastructure requirements, electrical solutions and engineering provider Gridbow has expanded its services into other African countries. “Contrary to popular belief, Eskom has very stringent rules with... 

Increased investment in refrigeration model planned

By: Paige Müller     21st September 2018 Core energy utilities provider Energy Partners Refrigeration plans to invest a further R30-million this year still in its increasingly popular refrigeration outsourcing model. Energy Partners Refrigeration CEO Dawie Kriel tells Engineering News that the company’s two-year-old refrigeration... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

Phosa says South Africa should be ‘plotting’ a credible economic strategy 

By: Terence Creamer     20th September 2018 Former African National Congress (ANC) treasurer-general Mathews Phosa made a forthright appeal on Thursday for the creation and implementation of a credible economic strategy, centred on growth and job creation, rather than “vague, ill-timed, conflicting and populist” policies. Speaking at the... 

Rolls-Royce launches new range of powerful medium speed V-Engines

20th September 2018 New B33:45 liquid fuel and B36:45 gas V-engine series with 12, 16 and 20 cylinder At 600 KW per cylinder the new engines offer a 20 per cent increase in power Perfect fit for hybrid systems with renewable energy sources Rolls-Royce has today launched a V-line version of the new B33:45 liquid... 

Poor internal coordination in SA cities adding to cost of doing business

By: Terence Creamer     19th September 2018 A new World Bank report highlights how a lack of internal coordination between departments within several of South Africa’s largest cities is undermining the delivery of services to businesses operating within those locations and burdening entrepreneurs with timing consuming and costly red tape.... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

New Botswana coal mine development under way – Minergy

By: Martin Creamer     18th September 2018 Work is under way on the new Masama coal mine, which Botswana Stock Exchange-listed Minergy expects to commission in January, ahead of its primary listing on London’s Alternative Investment Market (Aim) in the first half of next year. The 390-million-tonne Masama, located in the Mmamabula... 

Transnet, Eskom and PWC bosses to discuss administered prices affecting South Africa’s international competitiveness

By: Creamer Media Reporter      17th September 2018 Transnet and ESKOM Chief Executive Officers Siyabonga Gama and Phakamani Hadebe will discuss administered prices such as logistics costs, electricity prices and port tariffs, which are negatively affecting South Africa’s international competitiveness on the second day of the fourth Southern... 

World’s first hydrogen fuel cell train enters commercial service

By: Simone Liedtke     17th September 2018 The world’s first hydrogen fuel cell train, the Coradia iLint, made its debut this past weekend. The train is equipped with fuel cells that convert hydrogen and oxygen into electricity, thereby eliminating pollutant emissions related to propulsion. 

Trailblazers, innovators win awards at GIL

By: Kim Cloete     14th September 2018 Trailblazers, innovators and entrepreneurs have been honoured with Best Practices Awards by global market research and consulting firm Frost & Sullivan. The company held its Growth, Innovation and Leadership awards banquet, in Cape Town, this week, to recognise the achievements of people in South... 

Queensland ombudsman to help resolve land disputes

By: Creamer Media Reporter      14th September 2018 Queensland has appointed its first land access ombudsman to help landholders and resource companies resolve disputes over conduct and compensation agreements, as a free alternative to legal action. Jane Pires, currently the energy and water ombudsman, will take up the new position, Natural... 

South Africa’s nuclear industry disappointed with the new IRP

By: Rebecca Campbell     14th September 2018 The Nuclear Industry Association of South Africa is not happy at the exclusion of further nuclear power (over and above that already provided by the existing Koeberg nuclear power plant) from the Government’s recently released Integrated Resource Plan (IRP) 2018-2030. Although he described the... 

Renewable-energy guide offers insight into maturing African markets

By: Schalk Burger     14th September 2018 Global law firm DLA Piper has characterised the regulatory environments for renewable-energy projects in 12 African countries in response to developing markets on the continent, says DLA Piper Global co-chair of energy sector Natasha Luther-Jones. Renewable energy projects are becoming... 

‘We can’t do expensive’

By: Terence Creamer     14th September 2018 During a recent panel discussion on the ‘electricity utility of the future’ the Energy Intensive Users Group of Southern Africa’s Piet van Staden made the point that industry could deal with complexity, but “we can’t do expensive”. He was speaking the day after Energy Minister Jeff Radebe... 

Minami megasolar power plant, Japan

By: Sheila Barradas     14th September 2018 Pacifico Energy is building a 55 MW dc solar power plant in Gujo City, Gifu. 

Bosnia's Aluminij calls for government help to ensure survival

By: Reuters     13th September 2018 Aluminij Mostar, Bosnia's sole aluminium smelter, is at risk from high alumina and electricity prices and only urgent government intervention can help it stay on line, its GM said on Thursday. Heavily-indebted and loss-making Aluminij, which is among Bosnia's top exporters, has narrowly avoided... 

Jaguar launches R30m EV charging network in SA

By: Irma Venter     13th September 2018 Jaguar, in partnership with electric vehicle (EV) charging company GridCars, will install 82 new public charging stations for EVs and plug-in hybrid vehicles (PHEVs) in the country’s major hubs, as well as along frequently-travelled holiday routes. The R30-million infrastructure investment should... 

Power plant delays fuel tensions over Rio's giant Mongolia copper mine

By: Reuters     13th September 2018 Nearly 10 years on from the launch of a giant copper and gold project in Mongolia, Rio Tinto is still looking to secure a domestic power source it needs for the mine under an agreement with the government. Oyu Tolgoi, located in the South Gobi region near landlocked Mongolia's southern border... 

Don't 'discriminate' against chicken, committee hears on VAT hike

By: African News Agency      12th September 2018 Submissions on the Value-Added Tax (VAT) Panel's report to Parliament on Wednesday ranged from pleas to exempt chicken as a protein staple to imposing a special value added tax of up to 20 percent on luxury goods. The latter came from the Congress of South African Trade Unions (Cosatu), who said... 

Clover’s FY18 earnings rise despite challenging trading conditions

By: Marleny Arnoldi     12th September 2018 JSE-listed food and beverage group Clover Industries returned the business to historical profitability levels in the financial year ended June 30, declaring a final gross cash dividend of R92.9-million, or 48.6c apiece. The company reported normalised headline earnings of R394-million, which... 

Hydrogen from renewables may be energy transition’s ‘missing link’

By: Terence Creamer     7th September 2018 Producing hydrogen from variable renewable electricity (VRE) could be the ‘missing link’ in the unfolding transition to a decarbonised global energy system, a newly released report argues. Published by the International Renewable Energy Agency (Irena), the study explores the production of... 

A reflection on latest IRP iteration

By: Terry Mackenzie-hoy     7th September 2018 The Integrated Resource Plan (IRP) is a government plan that supposedly sets out  the future development of the South African electricity generation system. In theory, government passes the plan around for comment by industry and municipalities and everybody agrees, after which government policy... 

CLEAN BY 2045

7th September 2018 Last week, Californian lawmakers approved a measure mandating that all electricity come from wind, solar and other clean-energy sources by 2045. The state currently gets about 44% of its power from renewables and hydro. California was also the first US state in the to require solar panels on... 

Brenmiller Energy markets thermal generation, storage solution into African countries

By: Marleny Arnoldi     6th September 2018 Solar power company Brenmiller Energy is focusing on African countries to fill its project pipeline, where it sees strong growth for renewable energy and energy storage solutions. Brenmiller in 2012 developed a thermal energy storage-based generation unit, which can function either as thermal... 

Feasibility study contractor selected for Mozambique energy project

By: Tasneem Bulbulia     6th September 2018 US-based contractor HDR International has been selected to conduct a feasibility study for a solar energy project in Mozambique. The study will assess the viability of a photovoltaic plant of up to 100 MW, to be developed in increments of 20 MW to 40 MW. 

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