http://www.engineeringnews.co.za
R/€ = 16.07 Change: -0.06
R/$ = 13.65 Change: -0.13
Au 1280.70 $/oz Change: -0.10
Pt 923.50 $/oz Change: 0.00
 

Topic

Zuma spokesperson dismisses reports Ramaphosa may be sacked

By: Reuters     20th October 2017 President Jacob Zuma's spokesperson said on Friday there was no basis for reports that he would axe his deputy Cyril Ramaphosa, speculation about which has weighed on the currency and bonds. The ruling African National Congress (ANC) party, of which Zuma is leader and Ramaphosa deputy, has been... 

Rand extends losses as speculation Ramaphosa may be fired weighs

By: Reuters     20th October 2017 South Africa's rand weakened on Friday, pressured by a firmer dollar and underperforming emerging market peers as speculation that President Jacob Zuma may axe his deputy Cyril Ramaphosa weighed on sentiment. At 0830 GMT the rand was 1.15% weaker at 13.6725 per dollar, extending losses and... 

New era of disruption

By: Saliem Fakir     20th October 2017 Perhaps the recent multiple attacks of extreme weather – hurricanes Harvey, Irma and Maria – do not only tell us that fierce weather is the new normal, but changes in weather, together with other global shifts and crises, are forcing us to acknowledge that we are moving into an era of greater... 

IDC will invest in infrastructure that unlocks industrialisation

By: Keith Campbell     20th October 2017 The Industrial Development Corporation (IDC), South Africa’s development finance institution which exists to fund entrepreneurs and projects in the industrial sector, also seeks to use investments in infrastructure to free up industrial development opportunities. This was highlighted by IDC... 

Eskom’s new R174bn grid plan includes R18bn for IPP connections

By: Terence Creamer     19th October 2017 State-owned electricity utility Eskom says all connection costs relating to 27 outstanding renewable-energy projects have been included in its latest Transmission Development Plan (TDP), which covers the ten-year period from 2018 to 2027. The renewable-energy projects were legally procured in... 

South Africa should avoid rating cuts in Nov – Kganyago

By: Reuters     19th October 2017 A narrowing current account deficit, improving economy and stable inflation should help South Africa avoid credit rating cuts in November, central bank governor Lesetja Kganyago said in an interview, playing down concerns over the most recent cabinet reshuffle. Growth in Africa's most... 

Relationship between agriculture, climate change should be prioritised

By: Anine Kilian     19th October 2017 A firm decision needs to be made on how to mitigate against the impact of climate change on the agricultural sector, which is facing increased environmental impacts, University of South Africa (Unisa) Exxaro Chair in Business and Climate research assistant Bongani Chavalala said on Wednesday.... 

AngloGold Ashanti sells Moab Khotsong to Harmony; Kopanang to Heaven-Sent

By: Natasha Odendaal     19th October 2017 JSE-listed AngloGold Ashanti has disposed of its various South African gold and uranium mining assets in the Vaal river region to Harmony Gold Mining for $300-million. The transaction comprised the Moab Khotsong mine, the Great Noligwa mine and related infrastructure; AngloGold Ashanti’s entire... 

‘Absolutely no need' for nuclear, Dames says in State-capture testimony

By: Kim Cloete     18th October 2017 Former Eskom CEO Brian Dames has revealed that he faced a breakdown in communication between the board and management, as well as death threats during his time at the state utility.  He has also told Parliament’s Portfolio Committee on Public Enterprises that there is "absolutely no need" for... 

Opinion: No guarantee Zuma’s new ‘fission expedition’ will succeed

By: Terence Creamer     18th October 2017 We know for certain what President Jacob Zuma’s latest Cabinet reshuffle was not. It was not about South Africa, or about good governance. It was not about doing what is necessary to place the economy back on a growth trajectory. It was not about dealing with the triple scourge of poverty,... 

VW's Seat abandons ambitions to enter Iranian market

By: Reuters     18th October 2017 Volkswagen’s (VW's) Spanish division Seat is no longer looking at the possibility of entering the Iranian car market, saying on Wednesday that it needed to concentrate instead on boosting growth in its core markets in Europe and other regions. The decision was not taken as a result of US... 

Niger must halt job cuts at Areva's uranium mine, group says

By: Bloomberg     18th October 2017 Activists in Niger urged President Mahamadou Issoufou to negotiate with Areva SA after the French company said it will cut 200 jobs at one of its uranium mines in the West African nation to adjust to lower prices for the nuclear fuel. “It’s absolutely untrue that the only solution is to lay off... 

‘You are too late’ – Dames on State capture inquiry

By: News24Wire      18th October 2017 Former Eskom chief executive Brian Dames told Parliament’s State capture inquiry on Wednesday that while the process is a great move, it was too late. “You are too late,” he said. “You should have done this a long time ago.” 

Brexit takes bureaucracy to the atomic level for UK industry

By: Bloomberg     17th October 2017 To understand the implications of Brexit, it helps to go nuclear. Of all the international regulatory challenges created by the UK’s impending departure from the European Union, the atomic-energy industry may best encapsulate the decision’s bottom-line effect: more bureaucracy and costs for a... 

Cabinet reshuffle about consolidating Zuma’s power – Vavi

By: African News Agency      17th October 2017 President Jacob Zuma’s latest Cabinet reshuffle was a self-serving bid to consolidate power with a view to the ruling party’s elective conference, with no consideration for the good of the country, trade union leader Zwelinzima Vavi said on Tuesday. “It is about Jacob Zuma first and the country... 

Rand drops on Zuma's suprise 'pro-nuclear' Cabinet reshuffle

By: News24Wire      17th October 2017 The rand lost more than 0.5% within minutes of President Jacob Zuma's announcement of yet another surprise Cabinet reshuffle. The biggest move is that of energy - Mmamoloko Kubayi has been moved from the energy portfolio to communications, with David Mahlobo now occupying the position of Minister... 

Russian nuclear group signs MoU with local young nuclear professionals association

By: Keith Campbell     13th October 2017 A subsidiary of Russia’s State-owned nuclear group Rosatom has signed a Memorandum of Understanding (MoU) with the South African Young Nuclear Professionals Society (SAYNPS) at the recent SAYNPS Nuclear Youth Summit 2017. The subsidiary concerned is Rusatom International Network (Rusatom being... 

DEA grants environmental authorisation for new 4 000 MW nuclear plant

By: Reuters     13th October 2017 The Department of Environmental Affairs (DEA) has granted authorisation to State-owned power utility Eskom to build a new 4 000 MW nuclear power plant in the Western Cape, according to a letter seen by Reuters. Construction at Duynefontein, close to South Africa's only existing nuclear site... 

Analytics helps firms identify pattern deviation to improve cybersecurity

By: Schalk Burger     13th October 2017 Smart analytics and artificial intelligence (AI) can pinpoint pattern deviations and help companies to make informed decisions on where cybersecurity weak points are, as well as how to address them, says information technology (IT) multinational Wipro Cybersecurity and Risk Services-Africa... 

Flamanville 3 European pressurised reactor project, France

By: Sheila Barradas     13th October 2017 Électricité de France is preparing for the next stage of system performance testing at the project. 

Areva's Niger uranium mines to cut staff, slash production – union

By: Reuters     11th October 2017 French uranium mining and nuclear fuel group Areva NewCo's two uranium mines in Niger will cut staff and output in the face of falling uranium prices, a local union leader said on Wednesday. The state-owned company runs the open-cut Somair mine outside the northern, desert town of Arlit and the... 

MPs dismayed as chief procurement officer silent on Eskom contracts

By: African News Agency      11th October 2017 Acting chief procurement officer Willie Mathebula apologised to Parliament’s standing committee on finance on Wednesday for giving a “sub-standard presentation” after members expressed dismay that he claimed no direct knowledge of the withdrawal of a damning report on Eskom’s coal contracts with... 

South African nuclear deal to boost debt – Safcei 

By: African News Agency      11th October 2017 The Southern African Faith Communities’ Environment Institute (Safcei) told South African President Jacob Zuma and the Minister of Energy on Tuesday that it was worried about the country’s planned nuclear deal triggering a surge in debt. The faith-based NGO said it had delivered a letter to the... 

Gold hits one-week high amid renewed North Korea fears

By: Reuters     9th October 2017 Gold prices climbed to their strongest level in more than a week on Monday as renewed concerns over North Korea's nuclear ambitions stoked safe-haven demand for the precious metal and weighed on the dollar. Spot gold was up 0.4% at $1 279.99 an ounce by 07:05 GMT, after earlier touching $1... 

Gold heading for worst weekly run in '17 as higher rates loom

By: Bloomberg     6th October 2017 Gold has taken a relentless battering. Prices are poised to drop for a fourth week, the worst streak of losses this year, on prospects for higher U.S. interest rates, a rising dollar, a strong American economy and record equity markets. Fears over a potential nuclear conflict with North Korea... 

Opinion: South Africa’s coal mining sector could shrink by 46% 

     6th October 2017 In this opinion article, independent economic risk consultant Rob Jeffrey argues that the mining industry and coal industry need to fight for their very future otherwise all is lost. Few people realise that future economic, political and social prosperity are at currently stake. Decisions made in... 

Public education needed to counter antinuclear drive

By: Kelvin Kemm     6th October 2017 I recently spent a week in London, attending the World Nuclear Association (WNA) yearly symposium. I stayed on the bank of the Thames, about a kilometre from the conference venue and less than a kilometre from the Houses of Parliament.  So, each day, I walked to the conference venue. I was lucky... 

Bolivia and Paraguay sign nuclear cooperation agreements with Russia

By: Keith Campbell     6th October 2017 Russia’s State-owned Rosatom nuclear energy group is to establish a Nuclear Research and Technology Centre (NRTC) in Bolivia. The contract was signed in Vienna, Austria, on September 19, between Rosatom group company State Specialised Design Institute (SSDI) and the Bolivian Nuclear Energy Agency... 

South Africa’s use of nonweapons-grade uranium to produce medical radioisotopes recognised

By: Keith Campbell     6th October 2017 South African company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation (Necsa), has been presented with an Award for Outstanding Achievement by the US National Nuclear Security Administration (NNSA), an agency of the US Department of Energy (DoE),... 

Aura's Mauritania uranium project gets environmental nod

By: Esmarie Swanepoel     5th October 2017 The Mauritania government has approved the environmental and social impact assessment of the Tiris uranium project, being developed by dual listed Aura Energy. “For a uranium project, one of the most important steps in its path to development is the environmental approval step,” Aura Energy... 

Stay woke

By: Terence Creamer     29th September 2017 For all the wrong reasons, Eskom’s profile has remained high despite the stabilisation in electricity supply over the past year and a bit. Most of the current news flow has to do with governance failings and allegations of State capture and corruption. Sadly, the debate about the future structure... 

National Disposal Facility for low- and intermediate-level radioactive waste, Bulgaria

By: Sheila Barradas     29th September 2017 State Enterprise Radioactive Waste plans to build one of the most modern disposal facilities for low- and intermediate-level radioactive waste in Europe. 

GoviEx receives expressions of interest from project lenders for Niger uranium project

By: Natasha Odendaal     28th September 2017 TSX-V-listed GoviEx Uranium has received expressions of interest from export credit agencies and project finance banks to arrange $220-million of senior debt financing for the construction of the Madaouela uranium project, in Niger. This followed the earlier appointment of Medea Capital Partners... 

South African nuclear achievement crowned by US award

By: Keith Campbell     22nd September 2017 South African company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation, has been presented with an Award for Outstanding Achievement by the US National Nuclear Security Administration (NNSA), an agency of the US Department of Energy (DoE), the two... 

Abrupt end to North Pole expedition on a yacht

By: Kelvin Kemm     22nd September 2017 I told the story of British explorer Pen Hadrow (Engineering News, September 1, 2017) setting out in two sailing ships in an attempt to sail all the way to the North Pole on open water to prove how horrible mankind has produced horrible climate change, which is melting the Arctic ice. I said I... 

Cooling vest reduces industrial heat stress

By: Marleny Arnoldi     22nd September 2017 Staff exposed to hot environments, in combination with doing arduous work and wearing multi-layered protective clothing, such as firefighters, may suffer thermal physiological strain, says water jet cutting company Total Blasting, which is the South African distributing agent for Sweden-based... 

Necsa plans to restart nuclear pebble-fuel production

By: Keith Campbell     22nd September 2017 The South African Nuclear Energy Corporation (Necsa) is reactivating its ability to manufacture nuclear pebble fuel, originally created to support South Africa's Pebble Bed Modular Reactor (PBMR) programme. The corporation is also looking for a strategic equity partner for its speciality... 

Zuma schools Trump on climate at UN

By: News24Wire      21st September 2017 President Jacob Zuma on Wednesday declared in his address at the UN that climate change was real. Speaking at the General Debate of the seventy-second Session of the UN General Assembly, Zuma expressed support for victims of hurricanes, arguing that climate change was "real". 

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

Latest News

more

Latest Videos

more

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
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close