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NTCSA begins consultations on market code to govern shift towards competitive electricity industry
NTCSA begins consultations on market code to govern shift towards competitive electricity industry
Updated 37 minutes ago By: Terence Creamer

With the National Transmission Company South Africa (NTCSA) currently scheduled to be operationalised in July and efforts under way to ensure that the Electricity Regulation Act (ERA) Amendment Bill is passed by the current Parliament, work is now... 


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Norwegian airline to start low-cost London-Cape Town service in six months
18th April 2024 By: Rebecca Campbell

Norwegian long-haul but low-cost carrier Norse Atlantic Airways announced on Thursday that it was going to launch flights between London, in the UK, and Cape Town, during the Northern... 


World Bank, AfDB seeks to provide more Africans with electricity by 2030
18th April 2024 By: Sabrina Jardim

The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030.  The World Bank Group will work... 


Kenhardt solar farm, in Northern Cape
Scatec inaugurates 540 MW Kenhardt solar farm
18th April 2024 By: Marleny Arnoldi

Norwegian renewable energy company Scatec has inaugurated the 540 MW Kenhardt solar farm in the Northern Cape. In his keynote address at the event, on April 18, CEO Terje Pilskog commended how... 


LNG terminal
Cryogenics technology, expertise crucial in future gas economy
18th April 2024 By: Darren Parker

Cryogenics technology and expertise are becoming increasingly important as South Africa plans on leaning into using liquefied natural gas (LNG) as a major source of energy, Howden senior... 


Image of electric Volvo trucks available to rent
Electric trucks too expensive? Now you can rent one from Volvo Trucks SA
18th April 2024 By: Irma Venter

Volvo Trucks South Africa (SA) has introduced an equipment-as-a-service (EaaS) model for its new electric truck rentals business. Following last year’s launch of Volvo electric trucks in South... 


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Together with large-scale procurement, rising rooftop solar installations are offering greater market stability that could stimulate local manufacturing
Private renewables procurement may mitigate boom-bust cycles curbing South Africa’s green industrialisation
18th April 2024 By: Terence Creamer

The combination of public and private procurement of large-scale renewables in South Africa signals increased stability for manufacturers of key components, a new GreenCape report argues. Published... 


Election posters
Goldman says South African market ‘tough’ before election
18th April 2024 By: Bloomberg

South African investors are holding off on big moves before the vote next month, Goldman Sachs Group said, as the elections shape up to be the most pivotal in 30 years. Assuming the vote is... 


Finance Minister Enoch Godongwana
South Africa contingency reserves won't be spent on Eskom, Transnet – Godongwana
18th April 2024 By: Reuters

South Africa will use future drawdowns of its Gold and Foreign Exchange Contingency Reserve Account to curb its debt burden, Finance Minister Enoch Godongwana said, adding he was pondering tax... 


Nehawu has called a strike at the Dube TradePort at King Shaka International Airport
18th April 2024 By: Rebecca Campbell

The Dube TradePort Corporation, an agency of the KwaZulu-Natal provincial government, has announced that 112 employees, members of the Nehawu trade union, have gone on strike. The workers work in... 


Joint report on the main roadmaps for aviation to reach net-zero emissions released
18th April 2024 By: Rebecca Campbell

The ‘Aviation Net Zero CO2 Transition Pathways Comparative Review’, which is a joint initiative of the International Air Transport Association (IATA – the global representative body for the airline... 


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Rand Currency
Reserve bank to cut rates less than earlier thought in 2024 – poll
18th April 2024 By: Reuters

South Africa's central bank is now predicted to deliver only 50 basis points of interest rate cuts this year, less than earlier projected as inflation is seen taking slightly longer to return to... 


Equatorial Guinea President Teodoro Obiang Nguema Mbasogo
Africa’s oldest oil-rich dictatorship has a succession problem
18th April 2024 By: Bloomberg

Two South African engineers working in Equatorial Guinea’s offshore oil fields were preparing to return home in February 2023 when they were arrested for cocaine trafficking and thrown in jail,... 


Households remain under high interest rates chokehold
18th April 2024 By: Natasha Odendaal

South Africa’s high interest rates continue to pressurise the finances of households amid the ongoing restrictive monetary policy stance by the Monetary Policy Committee (MPC) of the South African... 


An image of PPS CEO Izak Smit
PPS highlights good value return to members in challenging 2023
17th April 2024 By: Tasneem Bulbulia

The Professional Provident Society (PPS), the financial services group focused solely on providing customised financial services solutions for graduate professionals in South Africa and Namibia,... 


Report questions role of CCUS in steel decarbonisation
17th April 2024 By: Tasneem Bulbulia

A new report by the Institute of Energy Economics and Financial Analysis (IEEFA) has shown that carbon capture use and storage (CCUS) is unlikely to play a major role in steel decarbonisation... 


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Magazine round up | 19 April 2024
Magazine round up | 19 April 2024

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

REMEMBERING: Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the Kigali Genocide Memorial Centre in Kigali, Rwanda, on April 7. Thirty years ago more than one-million people were systematically massacred over 100 days by extremists, led by the Rwandan army and a militia known as the Interahamwe. Photograph: Reuters
REMEMBERING

Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the... 

Photo of Martin Creamer
South Africa must take full advantage of its prematurely halted mining R&D

The disbanded South African mining industry’s research and development (R&D) arm Comro handed South Africa’s State-owned Council for Scientific and Industrial Research (CSIR) the mining R&D it had... 

Photo of Terence Creamer
Mixed outlook

The recent period of decreased loadshedding has been met with tremendous scepticism by a South African public who have been burnt more times over the past 15-plus years than a lump of wet coal.... 

Business Leader

Rhian Capostagno, a partner at Partners in Performance
Rhian Capostagno

This we profile Rhian Capostagno, a partner at Partners in Performance, a firm of management consultants 

The storms that lashed the Cape earlier this month caused devastating damage, with many still picking up the pieces. One can only hope that the coming election storm is far more benign, but some of the pre-election rhetoric is cause for concern, while some pre-election coalition pacts seem to be facing real headwinds.
STORM WARNING:

The storms that lashed the Cape earlier this month caused devastating damage, with many still picking up the pieces. One can only hope that the coming election storm is far more benign, but some of... 

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

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