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Hishaam Emeran
PRASA passenger numbers reach 40-million a year, up 167% – Emeran
28th June 2024 By: Irma Venter

The Passenger Rail Agency of South Africa (PRASA) is “making steady and significant progress in getting passenger trains back on track”, with the urban rail service carrying about 40-million passengers in 2023/24 on 31 of the 40 PRASA rail... 


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Magazine round up | 28 June 2024
Magazine round up | 28 June 2024
28th June 2024 By: Creamer Media Reporter

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


Absa doubles MIGA agreements to $1bn capital guarantee
27th June 2024 By: Schalk Burger

Financial services firm Absa has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), which is a member of the World Bank Group, freeing up additional financial... 


Man receives five-year prison sentence for tampering with Eskom infrastructure
27th June 2024 By: Schalk Burger

The Mthatha Specialised Commercial Crime Court has sentenced a man to five years in prison, wholly suspended for five years, for falsely representing himself as an Eskom contractor to the residents... 


GBCSA head of technical Georgina Smit.
Index continues to show value of green buildings in South Africa
27th June 2024 By: Schalk Burger

Investment services and advisory company MSCI’s South Africa Green Annual Property Index for 2023 shows that green-certified prime and A-grade offices produced a total return of 5.8%, which was 150... 


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Daimler Truck Southern Africa appoints new sales and marketing VP
27th June 2024 By: Irma Venter

Olaf Petersen has joined Daimler Truck Southern Africa (DTSA) as its new sales and marketing VP, effective July 1. Petersen will be responsible for the new-vehicle sales portfolio for Mercedes-Benz... 


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Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


Tribunal approves Bidshelf 93’s acquisition of Dekra Automotive
27th June 2024 By: Schalk Burger

The Competition Tribunal has approved the intended transaction in which heavy and light vehicle sales company Bidshelf 93 will acquire vehicle testing, inspection and certification company Dekra... 


Tribunal approves Prax’s Natref stake buyout, with conditions
27th June 2024 By: Schalk Burger

The Competition Tribunal has approved the merger in which oil refining and logistics company Prax will acquire energy company TotalEnergies' interest in refinery National Petroleum Refiners of... 


A tanker at sea near Mossel Bay
TNPA issues RfI for Port of Mossel Bay marine loading facilities operator
27th June 2024 By: Schalk Burger

The Transnet National Ports Authority (TNPA) has published a request for information (RfI) calling on interested terminal operators to submit proposals for the refurbishment, financing, operation,... 


Potatoes in soil
South African food inflation remained below CPI headline inflation in May
27th June 2024 By: Rebecca Campbell

In May, for the third month in a row, South African food and non-alcoholic beverage (NAB) inflation, hereafter to be referred to simply as food inflation, ran at a level below that of consumer... 


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DSCT's facilities in Cape Town
Damen renews NIP agreement with dtic; celebrates more than 40 vessels built at Cape Town shipyard
27th June 2024 By: Irma Venter

Damen Shipyards Group (DSG) has signed a new strategic partnership agreement with the Department of Trade, Industry and Competition (dtic) as part of the National Industrial Participation (NIP)... 


Finance Minister Enoch Godongwana
South Africa achieves first primary budget surplus in 15 years
27th June 2024 By: Bloomberg

South Africa achieved its first primary budget surplus in 15 years as it took a stern approach to funding State-owned companies that have drained government finances. Africa’s most-industrialised... 


Starsight Energy group CEO Paul van Zijl; Proconics CEO Melvin Jones; Eskom senior adviser IPPs Motlatsi Makhari; SolarAfrica Energy CEO David McDonald; Emthanjeni local municipality Mayor Lulamile Nkumbi; and Eskom senior adviser IPPs Moreetsi Balepile
First phase of 1 GW SunCentral solar farm breaks ground
27th June 2024 By: Darren Parker

Independent power producer SolarAfrica Energy has officially broken ground on its first utility-scale solar farm in the Northern Cape. Known as SunCentral, Phase 1 of this project will total about... 


South African Reserve Bank
South Africa's FDI inflows pick up in first quarter - central bank
27th June 2024 By: Reuters

South Africa recorded foreign direct investment inflows of R24.4-billion in the first quarter of 2024, up from a revised R2.5-billion in the previous quarter, central bank data showed on Thursday.... 


Petrol
S Africa consumer confidence recovers in Q2, survey shows
27th June 2024 By: Reuters

South Africa's consumer confidence improved slightly in the second quarter due to fewer hours of loadshedding and a drop in fuel and food prices, but uncertainty around national elections kept some... 


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Magazine

Magazine round up | 28 June 2024
Magazine round up | 28 June 2024

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

LINES AUCTIONS: The head of South Africa's Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in transmission infrastructure (see also page 14) . “It’s not going to be a cut and paste into the transmission space,” Bernard Magoro stressed at a recent conference, noting that different companies with the requisite skills would need to be encouraged to bid. Photograph: Bloomberg
LINES AUCTIONS

The head of the Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in... 

Photo of Martin Creamer
Improved economy, good job creation, much better service delivery are GNU musts

What South Africans must collectively demand from the Government of National Unity (GNU) is commitment to interventions that lift the performance of the South African economy, attract investment,... 

Photo of Terence Creamer
Lack of transparency

The tapering of loadshedding has arguably provided the Eskom board and executive team with some much-needed time and space to consider the future of the business without the daily distraction of... 

Business Leader

Jarmi Steyn, COO at Canyon Coal
Jarmi Steyn

This week we profile Jarmi Steyn, COO at Canyon Coal, a coal exploration, mining and processing company 

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HIGH-WIRE ACT

The maturity shown by South Africa’s political parties following what was the country’s most competitive elections since the advent of democracy was truly impressive. The fact that a government of... 

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AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

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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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