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Cover Story

Necsa starts process to replace venerable Safari-1 reactor

By: Rebecca CampbellThe South African Nuclear Energy Corporation (Necsa) has, with the approval of Cabinet, started the process that should result in it acquiring a new nuclear research reactor, to replace its current Safari-1 research reactor. The new reactor, dubbed the multipurpose reactor (MPR), would, like... 

Necsa starts process to replace venerable Safari-1 reactor

First Word

The support of the World Coal Association for a just energy transition to net zero must be applauded

By: Martin CreamerThe stand of the World Coal Association and its members on a just energy transition is a display of important pragmatism at this point in the world’s fight against climate change. Chairperson July Ndlovu must be applauded for his call on the energy sector to work together to ensure that the... 

The support of the World Coal Association for a just energy transition to net  zero must be applauded

News & Insight

April floods, along with rising labour costs and inflation, to weigh on economy

By: Schalk BurgerRisk and advisory services firm PwC South Africa has flagged the impact of the floods, especially on manufacturing and transport; rising labour costs; and inflation as the key factors affecting the country's economic outlook. The eThekwini metropolitan municipality reports that most of its 1 152... 

Constraints to 4.5 GW of distributed generation being addressed, Presidency assures

By: Terence CreamerConstraints to implementing a more streamlined registration process for distributed generation power plants below 100 MW have been fully scoped and are being addressed systematically under the aegis of Operation Vulindlela, the head of The Presidency’s project management office has confirmed. In... 

Constraints to 4.5 GW of distributed generation being addressed, Presidency assures

Documentary seeks to ignite conversation on Mpumalanga’s just transition

By: Terence CreamerA new documentary, highlighting both the fears and potential of pursuing a so-called just transition in the coalfields of South Africa, has been released on YouTube. The 30-minute video includes interviews with community members, workers and businesspeople from the Steve Tshwete and Emalahleni... 

Documentary seeks to ignite conversation on Mpumalanga’s just transition

Goldman analysts say another $2.8tn needed for climate

By: BloombergAdditional annual investments of $2.8-trillion are needed in low-carbon technologies and infrastructure to help the world meet net-zero emissions goals, according to analysts at Goldman Sachs Group. A global carbon price, continued focus on sustainability in the capital markets and improved... 

KZN flood devastation shows new approach to urban development needed – Council for the Built Environment

By: Darren ParkerFollowing the mid-April flooding in KwaZulu-Naal that caused widespread damage and killed more than 400 people, the Council for the Built Environment (CBE) has called for new ways of tackling urban development, saying South Africa can no longer repeat what had been done in the past. CBE CEO Msizi... 

KZN flood devastation shows new approach to urban development needed – Council for the Built Environment

MTN accelerating gender-equity drive

By: Natasha OdendaalTelecommunications giant MTN Group, accelerating its efforts to drive gender equality, has partnered with United Nations (UN) Women and joined the HeForShe Alliance. MTN is focusing on three priorities, one of which is achieving gender equity by no later than 2030, with a target of 50% women in... 

MTN enters ‘third chapter’ of its growth

By: Natasha OdendaalInformation and communications giant MTN Group is entering its third chapter of growth as it makes inroads into the financial services market. Following its formative years post-democracy, the group established itself as a voice-centred network and expanded into new markets such as Rwanda and... 

Nissan pulls plug on Datsun brand

By: Irma VenterJapanese vehicle manufacturer Nissan has ceased all production under the Datsun brand. While the Russian and Indonesian plants closed in 2020 already, production has now also stopped at the plant in India. 

Outa asks High Court to overturn Nersa’s decision to grant Karpowership generation licences

By: Schalk BurgerCivil organisation Organisation Undoing Tax Abuse (Outa) has filed a review application in the North Gauteng High Court to have the decision by the National Energy Regulator of South Africa (Nersa) to grant floating gas-power ship company Karpowership-linked independent power producers generation... 

Outa asks High Court to overturn Nersa’s decision  to grant Karpowership generation licences

PRASA’s KZN floods repair bill stands at almost R3bn

By: Irma VenterThe direct cost to restore passenger rail services in KwaZulu-Natal following the recent floods stands at an estimated R2.6-billion to R2.9-billion, says the Passenger Rail Agency of South Africa (PRASA). In addition, the loss of fare revenue, owing to the suspension of train services, is... 

Seifsa, Eskom discuss private generation as key to solving South Africa’s power challenges

By: Schalk BurgerIndustry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) this week held a meeting with State-owned power utility Eskom, during which greater private sector investment into electricity generation capacity was identified as a key enabler to resolving the... 

Seifsa, Eskom discuss private generation as key  to solving South Africa’s power challenges

Telecommunications companies in best-practice, expertise sharing initiative

By: Natasha OdendaalSix telecommunications companies have teamed up to establish an alliance, named Alaian, to share best practice and expertise on innovation and generate different use cases on the latest market developments and technologies. The members, Bouygues Telecom, Cellnex, KPN, MTN, Telefónica and Windtre,... 

Trace, Mastercard Foundation partner to launch new learning app

By: Natasha OdendaalGlobal multimedia platform Trace and the Mastercard Foundation have a free-to-use, interactive, mobile-based learning application (app) that aims to enable 26-million young Africans to acquire on-demand, market-relevant skills. The free mobile app, Trace Academia, which is available on Android... 

Two beneficiaries of Project Ntinga now supplying parts to VWSA

By: Irma VenterTwo new black-owned suppliers have joined the Volkswagen Group South Africa (VWSA) supplier base after completing a mentoring programme offered by the company. KPL Die Casting and Thekwini Wire, both beneficiaries of VWSA’s Project Ntinga, have begun supplying parts for the Polo and Polo Vivo... 

UK sustainable logistics company secures Fortune 500 customer as it transitions from startup phase

By: Irma VenterUK-based sustainable logistics company Magway has secured its first commercial customer in the form of a large Fortune 500 multinational group, says CEO and founder – and South African – Rupert Cruise. Magway is a zero-emission delivery system (when powered by renewable energy), consisting of... 

Editorial Insight

Procurement delays

By: Terence CreamerNews that the 25 solar photovoltaic (PV) and wind projects selected late last year as preferred bids would not achieve financial close by the end of April as advertised came as no surprise. There had been murmurings about difficulties in the run-up to the deadline and a precedent for a delay had... 

Procurement delays

Mining Weekly News

Drilling of No 3 shaft at Zondereinde completed, extending the mine’s life

By: Donna SlaterPlatinum group metals (PGM) miner Northam, through drilling contractor Master Drilling, completed drilling of the No 3 Shaft at its Zondereinde mine on April 27, thereby extending the life of the mine and enabling easier and quicker access for personnel to the working face, as well as getting ore... 

Drilling of No 3 shaft at Zondereinde completed,  extending the mine’s life

Green light for Sinosteel, Deen Holdings merger

By: Marleny ArnoldiThe Competition Tribunal has given the go-ahead for Chinese State-owned Sinosteel Group Corporation to merge with Deen Holdings Corporation, by way of Sinosteel solely controlling Deen. However, the tribunal approved the merger with conditions relating to employment and the promotion of a... 

New Limpopo diamond mine on the cards

By: Martin CreamerAn evaluation carried out by Botswana Diamonds has firmed up the possibility of a diamond mine being developed at the company’s Thorny River property in South Africa’s Limpopo province. The analysis indicates potential opencast options, the London-Aim and Botswana Stock Exchange-listed company... 

New Limpopo diamond mine on the cards

Petra Diamonds exploring responsible Koffiefontein exit

By: Martin CreamerDiamond company Petra is exploring a responsible exit from its investment in the Koffiefontein diamond mining operations. The exit would be carried out together with its black economic empowerment partners Kago Diamonds and its Itumelang employee trust, the London Stock Exchange-listed company... 

Presidential Climate Commission official pours scorn on ‘clean coal’ notion

By: Darren ParkerThe concept of clean coal is a figment of the imagination, according to science, said Presidential Climate Commission (PCC) Secretariat executive director Dr Crispian Olver on April 26. “There is no such thing,” he said, speaking at the PCC-JSE Financial Sector Forum on Just Transition Framework... 

Presidential Climate Commission official  pours scorn on ‘clean coal’ notion

South32 sticks to its 2022 production guidance

By: Esmarie IannucciDiversified miner South32 has maintained its production guidance for 2022 following a strong March quarter, while operating cost expectations for its Australian and South African operations have increased, on the back of stronger producer currencies, higher raw material costs and an increase in... 

Wimbledon opts for platinum to mark Queen’s seventieth year on the throne, centre court centenary

By: Martin CreamerIn the year of the Queen of England’s platinum jubilee, the coins to be used in the Wimbledon ladies’ and gentlemen’s singles finals coin toss will be made of platinum for the first time in the championships’ history. This follows last month’s unveiling by the UK Royal Mint of its largest ever... 

Wimbledon opts for platinum to mark Queen’s seventieth year on the throne, centre court centenary

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