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Sappi sells Lanaken mill site for €50m
15th July 2024 By: Schalk Burger

After closing the Sappi Lanaken mill, in Belgium, in December, following the company's announcement to reduce production capacity for graphic paper in Europe, Sappi has concluded an agreement with... 


Sasfin offers minorities 65% premium for shares, plans delisting
15th July 2024 By: Bloomberg

Sasfin Holdings made an offer to minority shareholders that values the South African financial-services company at R969-million and plans to delist from the JSE as it refocuses its business. The... 


Hive Hydrogen GM Colin Loubser
Green ammonia ousting coal in power stations, R105bn hydrogen developer reports
15th July 2024 By: Martin Creamer

Huge demand for green ammonia from power stations is being seen by the developer of South Africa’s R105-billion green hydrogen to green ammonia project in the Eastern Cape. But this new development... 


Gauteng Growth and Development Agency acting group CEO Saki Zamxaka
DBSA hosts African delegates as govt drives energy investment mission
15th July 2024 By: Marleny Arnoldi

With the African continent being home to the majority of the 700-million people worldwide with no access to electricity and clean cooking technology, energy investment in the region is deemed... 


Koeberg nuclear power station
Nuclear Regulator grants Eskom permission to extend life of Koeberg Unit 1 to July 2044
15th July 2024 By: Terence Creamer

South Africa’s National Nuclear Regulator (NNR) board has approved a 20-year life extension for Koeberg Unit 1, but has deferred a decision on the nuclear power station’s Unit 2 until late 2025,... 


An Embraer ERJ140 of Airlink
Airlink increases the number of its Durban-Harare flights
15th July 2024 By: Rebecca Campbell

South African regional and domestic airline Airlink announced on Monday that it would increase the frequency of its flights between South Africa’s main Indian Ocean coast city, Durban, in... 


Parliamentary Defence Committee concerned about underfunding of SANDF deployments 
15th July 2024 By: Rebecca Campbell

The new Parliamentary Portfolio Committee on Defence and Military Veterans regards the proper funding of the South African National Defence Force (SANDF) as a matter of the “utmost urgency”, it has... 


Image of Deputy Transport Minister Mkhuleko Hlengwa
New traffic enforcement shift system coming in 2025 – Hlengwa
15th July 2024

Deputy Transport Minister Mkhuleko Hlengwa says the department aims to “speed up the resolution of all issues” that have delayed the implementation of visible traffic policing on a 24-hour,... 


Image of Transport Minister Barbara Creecy
‘Unconscionable’ to return money to Treasury instead of fixing potholes – Creecy
15th July 2024 By: Irma Venter

Transport Minister Barbara Creecy says “immediate attention” will be given to the “critical issue” of the underspending of funding allocated to road maintenance and road construction by both... 


Image of Redefine head of development and industrial asset management Johann Nell
Redefine executes on water resilience strategy
15th July 2024 By: Natasha Odendaal

As concern increases over the possibility of further water outages in South Africa, JSE-listed Redefine Properties is developing further storage capacity and enhancing existing backup capacity, in... 


SA US Flag
South Africa plans US mission to lobby against review of ties
15th July 2024 By: Bloomberg

South Africa’s newly formed government will use an upcoming forum on US preferential trade access to push back against a Senate review of ties between the two countries. The House of... 


A Bell Equipment vehicle
IAB offers to buy remaining Bell Equipment shares, plans to delist the company
15th July 2024 By: Schalk Burger

Investment holding company IAB, which is owned by representatives of the founding family and affiliates of Bell Equipment and holds 70.13% of the company's issued shares, has offered to buy the... 


Nuclear industries association welcomes proposed new nuclear build programme
15th July 2024 By: Rebecca Campbell

The Nuclear Industry Association of South Africa (Niasa) has “warmly” welcomed Energy and Electricity Minister Dr Kgosientsho Ramokgopa‘s “significant” announcement that the country is close to... 


The Port of Durban
Promising effect of new Cabinet consolidating – BLSA
15th July 2024 By: Schalk Burger

"The positive sentiment sparked by the Government of National Unity (GNU) is consolidating," business lobby Business Leadership South Africa (BLSA) CEO Busi Mavuso states in her latest weekly... 


Gauteng Finance and Economic Development MEC Lebogang Maile
Gauteng Provincial Treasury aims to tackle challenges, boost infrastructure
15th July 2024 By: Natasha Odendaal

South Africa’s biggest provincial economy, and the fourth biggest economy in Africa, continues to face significant challenges, including unemployment and a high cost of living. Gauteng’s... 


Image of DWS Gauteng provincial head Justice Maluleke
DWS and strategic partners urge industries to reduce water demand, fix water leaks
15th July 2024 By: Natasha Odendaal

Through the South Africa-Denmark Strategic Sector Cooperation (SSC) on water, the Department of Water and Sanitation (DWS) and its partners are actively engaging with industries to prioritise water... 


Maersk tankers and competitors bet billions on ammonia fuel carriers
15th July 2024 By: Bloomberg

Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being produced today — wagering it will become integral to the... 


President Cyril Ramaphosa
Carbon intensity of our economy has become unsustainable - Ramaphosa
15th July 2024 By: Terence Creamer

The carbon intensity of our economy has become unsustainable, President Cyril Ramaphosa writes in his latest weekly newsletter, published ahead of his address to a climate finance symposium being... 


Rough diamonds produced in Botswana
IMF slashes Botswana's 2024 growth forecast amid diamond market woes
15th July 2024 By: Reuters

The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The... 


A stack of ZiG10 banknotes
Zimbabwe bankers back plan to adopt ZiG as sole currency before 2030
15th July 2024 By: Bloomberg

Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030, provided the economic stability which the bullion-backed unit has delivered is... 


NRF environmental data node wins prestigious award
12th July 2024 By: Rebecca Campbell

The National Research Foundation (NRF), which is the agency responsible for supporting and promoting scientific and technological research in South Africa by means of funding, human skills... 


William Gumede
GNU should ensure more consensus, accountability 
12th July 2024 By: Marleny Arnoldi

The formation of the national Government of National Unity (GNU) has seemingly created a positive and optimistic mood among investors and society, but the onus is on coalition parties to... 


World Platinum Investment Council CEO Trevor Raymond.
Shanghai Week's platinum futures poised to manage price risk, boost demand
12th July 2024 By: Martin Creamer

Platinum’s appeal is being bolstered by its wide discount to gold, increasing industrial applications, and inclusion on the critical mineral lists of many countries, World Platinum Investment... 


The ribbon cutting by Mosa Mabuza and Siphelele Buthelezi
CGS reopens National Geoscientific Library after revamp
12th July 2024 By: Sabrina Jardim

Council for Geoscience (CGS) CEO Mosa Mabuza and Geoscientific Services executive manager Siphelele Buthelezi this week officially reopened the National Geoscientific Library (NGL). Closed to the... 


Aviation technology group SITA’s takeover of Materna IPS has been approved
12th July 2024 By: Rebecca Campbell

Global air transport industry technology solutions group SITA announced on Friday that it had completed all the legal procedures and regulatory formalities for its acquisition of Germany-based... 


An infrastructure project under construction
Cesa, Aon state need for infrastructure resilience as Engineering Excellence Award finalists are announced
12th July 2024 By: Schalk Burger

Industry organisations Consulting Engineers South Africa (Cesa) and professional services and management consulting firm Aon South Africa have announced the finalists for the Cesa Aon Engineering... 


Image of Water and Sanitation Minister Pemmy Majodina
New water Minister assures of continuity in DWS
12th July 2024 By: Natasha Odendaal

Newly appointed Water and Sanitation Minister Pemmy Majodina has assured the continuity of the various reforms and improvements initiated by her predecessor Senzo Mchunu, who is now Police... 


Platinum Group Metals CEO Frank Hallam.
Platinum mine developer working with govt on export of concentrate to Saudi Arabia
12th July 2024 By: Martin Creamer

Toronto- and New York-listed Platinum Group Metals, the near-term objectives of which are to advance the Waterberg project in Limpopo to a development and construction decision, is working with the... 


Actom's first 66 kV transformer
Actom builds first 66 kV transformer, sets sights on further expansion in Africa
12th July 2024 By: Schalk Burger

Electromechanical equipment manufacturer Actom, which has manufactured its first 66 kV transformer, says it plans to supply small high-voltage (HV) power transformers in Africa, as part of plans to... 


The Joby hydrogen-electric flight demonstrator on its range-demonstration flight, trailing only water vapour
US company successfully executes regional-range test flight with hydrogen-electric air taxi
12th July 2024 By: Rebecca Campbell

US-based electric vertical take-off and landing (eVTOL) air taxi company Joby Aviation announced on Thursday that its hydrogen-electric demonstrator air taxi had successfully completed a 523-mile... 


Cape Town Mayor Geordin Hill-Lewis
South Africa storms in Western Cape cause damage to 35 000 homes
12th July 2024 By: Bloomberg

Storms that pounded South Africa’s Western Cape province have led to flood damage affecting more than 35 000 households in the city of Cape Town, Executive Mayor Geordin Hill-Lewis said. “We’ve got... 


Altron to launch ICT skills-focused education trust
12th July 2024 By: Creamer Media Reporter

Altron is pursuing a new broad-based black economic empowerment (BBBEE) ownership transaction that will result in the launching of a sustainable information and communications technology (ICT)... 


Photo of Marleny Arnoldi
Electricity distribution challenges, load reduction make headlines
12th July 2024 By: Creamer Media Reporter

Engineering News and Mining Weekly Deputy Editor: Online Marleny Arnoldi discusses the burning issues raised by Electricity and Energy Minister Dr Kgosientsho Ramokgopa during his first media... 


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