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Latest News

RS Group transforming to provide industrial solutions in addition to a robust supply chain 

By: Schalk Burger     28th July 2022 Industrial equipment and components multinational RS Group is on a transformation journey to provide industrial components and logistics solutions for industrial clients. The group’s robust global supply chain enabled it to meet demand from clients even as global supply chains were disrupted... 

John Deere brings redesigned ADT to South African shores

By: Donna Slater     28th July 2022 Heavy equipment manufacturer John Deere’s South African branch, having been in the country for 140 years, launched its redesigned 41.8 t, 460 series articulated dump truck (ADT) to the domestic market on July 26. Aimed primarily at the mining industry, the 460E-II series has been redesigned to... 

An image of John Deere's 460E-II series articulated dump truck
John Deere's newly redesigned 460E-II series articulated dump truck can carry more, is easier to operate and service, and has reliability improvements.

Green electron/hydrogen advance set to move much faster – Anglo 

By: Martin Creamer     28th July 2022 Anglo American CEO Duncan Wanblad on Thursday expressed delight at the energy announcement of President Cyril Ramaphosa, who has unveiled several far-reaching interventions, including a doubling in the allocation for the next renewables procurement round, an uncapping of the 100 MW... 

Anglo American CEO Duncan Wanblad
Anglo American CEO Duncan Wanblad

Boeing releases first half results and reports that momentum is building in its turnaround

By: Rebecca Campbell     28th July 2022 Giant US-based global aerospace and defence group Boeing released its results for both the first half (1H22) and the second quarter of 2022 (2Q22) on Wednesday. For 1H22 it accrued revenues of $30.672-billion – a 5% decline in comparison to the figure of $32.215-billion for the first half of 2021... 

A Boeing 737 MAX 10
Photo by Boeing
A Boeing 737 MAX 10

Drizit Environmental creating cleaner environment through pollution control products, services

By: Simone Liedtke     28th July 2022 Environmental pollution clean-up company Drizit Environmental has, following customer demand, expanded its operations to include a spill clean-up service to the manufacturing and transport industries. While established in 1976 already, Drizit explains that with its products being used in any type... 

Drizit Environmental creating cleaner environment through pollution control products, services

SA faces fight against 'mafia' culture, Thuli Madonsela tells corruption summit

By: News24Wire      28th July 2022 "If we're going to fight corruption, there should be no holy cows," says Law Trust Chair in Social Justice at Stellenbosch University, Professor Thuli Madonsela. She told the Pavocat-Stellenbosch Academy Counter-Corruption Summit that fighting corruption meant tackling the "mafia" culture in... 

Law Trust Chair in Social Justice at Stellenbosch University, Professor Thuli Madonsela.
Photo by Creamer Media
Law Trust Chair in Social Justice at Stellenbosch University Professor Thuli Madonsela.

As silent rooftop revolution gathers pace, attention turns to fair tariff structure 

By: Terence Creamer     28th July 2022 President Cyril Ramaphosa’s announcement that a feed-in tariff is to be created to incentivise businesses and households to invest in rooftop solar is likely to further stimulate the so-called ‘silent revolution’ that is already under way as South Africans seek to navigate their way through an... 

Workers installing rooftop solar

Transnet to issue big locomotive tender in August as it clears legal hurdles  

By: Terence Creamer     27th July 2022 State-owned freight logistics group Transnet intends launching its much-anticipated tender for new locomotives in August having recorded a 5.6% drop in rail volumes last year as a result of a combination of locomotive shortages and serious operational and security problems. The group lost a total... 

Transnet CEO Portia Derby
Transnet CEO Portia Derby

SAWEA voices support for Ramaphosa’s electricity security interventions

By: Darren Parker     27th July 2022 The South African Wind Energy Association (SAWEA) has applauded the numerous interventions outlined by President Cyril Ramaphosa to tackle South Africa’s energy crisis. The association said on July 26 that it viewed the plan as being sharply focused on the key areas of concern, encompassing the... 

wind farm in South Africa

Environmental ambiguities, inclusion of gas in new energy plan of concern for organisations

By: Donna Slater     27th July 2022 President Cyril Ramaphosa’s plan to arrest a degradation in the prevailing electricity generation deficit issue in South Africa has been welcomed by several organisations as a measure that took into account consultation from various perspectives, as well as one that addresses rolling out new... 

Eskom submits safety case in support of keeping Koeberg going

By: Darren Parker     27th July 2022 Public entity the National Nuclear Regulator (NNR) has confirmed that State-owned Eskom has submitted the safety case in support of its application to extend the operational life of the Koeberg nuclear power station beyond the current licence term. The application to extend the operational life... 

Koeberg Koeberg nuclear power station with zebras in the foreground
Koeberg nuclear power station

AECI posts record 573c HEPS in H1; Dytor to step down as CEO  

By: Marleny Arnoldi     27th July 2022 JSE-listed chemicals group AECI has delivered record revenue, earnings before interest and taxes (Ebit) and headline earnings per share (HEPS) for the six months ended June 30, which outgoing CEO Mark Dytor attributed to improved market conditions. The group declared an interim cash dividend of... 

Outgoing AECI CEO Mark Dytor
Outgoing AECI CEO Mark Dytor

S&J industrial estate development aims to be greener 

27th July 2022 Property developer Abland and its partners are well into developing the new S&J industrial estate, on the south eastern corridor of Johannesburg, which might become one of the first EcoDistricts-certified precincts outside of North America. Darren Parker tells us more. 

RER Image
S&J industrial estate development aims to be greener

Radical renewables, hydrogen ramp-up needed, coal energy transition day hears 

By: Martin Creamer     27th July 2022 A radical ramp-up of renewable energy and green hydrogen capacity will be needed by 2040 to take South Africa towards a net-zero climate change commitment, the Coal & Energy Transition Day heard on Wednesday. On the coal-fired power front, South Africa would from the 2040s/2045s need to have... 

Creamer Media screenshot.
Photo by Creamer Media
Presidential Climate Change Commission executive director Chrispian Olver.

DFIs pledge support for African Infrastructure Investment Fund

By: Donna Slater     27th July 2022 Development finance institutions (DFIs) British International Investment (BII) and FMO on July 27 made a joint commitment to the African Infrastructure Investment Fund 4 (AIIF4), managed by African Infrastructure Investment Managers (AIIM), aimed at supporting AIIF4 in reaching its $500-million... 

Botswana offers off-peak electricity to supplement Eskom supply  

By: News24Wire      27th July 2022 After President Cyril Ramaphosa announced an intention to import electricity from neighbouring countries to supplement South Africa's constrained power supply, Botswana wants South Africa to even buy more from it. Botswana Power Corporation wants Eskom to buy its off-peak generated power since... 

Eskom

South African food inflation continued an upward trend last month

By: Rebecca Campbell     27th July 2022 South African food and non-alcoholic beverage inflation jumped 8.6% last month, in year-on-year (y-o-y) terms, the Bureau for Food and Agricultural Policy (BFAP) has reported, in its latest ‘Food Inflation Brief’. In month-on-month (m-o-m) terms, food and non-alcoholic inflation in June was up... 

Regional welding institute supports creation of an African School of Nuclear Excellence

By: Rebecca Campbell     27th July 2022 The Southern African Institute of Welding (SAIW) highlighted on Wednesday that it was cooperating with the South African Nuclear Energy Corporation to promote the creation of an African School of Nuclear Excellence. Such a school would be focused on nuclear-grade practical welding, weld... 

DPWI to publish RFP for iREREP in the coming week

By: Darren Parker     27th July 2022 The Department of Public Works and Infrastructure (DPWI) – supported by the National Treasury’s Government Technical Advisory Centre’s (GTAC) transactional adviser – will publish a request for proposals (RFP) for the start of the Integrated Renewable Energy and Resource Efficiency Programme... 

Public Works and Infrastructure Minister Patricia De Lille
Public Works and Infrastructure Minister Patricia De Lille

Eskom says measures unveiled by Ramaphosa will aid recovery of ‘disappointing’ coal fleet  

By: Terence Creamer     27th July 2022 Electricity utility Eskom says the measures announced by President Cyril Ramaphosa will enable it to intensify its maintenance efforts to drive improvements to the energy availability factor (EAF) across its coal fleet, where the performance has been “disappointing”. In a statement released to... 

An Eskom power station

World-first hydrogen haul truck operational from August – Anglo Platinum  

By: Martin Creamer     27th July 2022 The pilot world-first hydrogen haul truck launched early in the year, has had some final changes made to it before it heads into the pit and goes into operational mode from August. Meanwhile, the second prototype is already underway, where learnings from the first truck are being taken into the... 

Anglo American's nuGen truck.
Anglo Platinum CEO Natascha Viljoen interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Vodacom to inject R600m into Mpumalanga connectivity

By: Natasha Odendaal     27th July 2022 Telecommunications group Vodacom plans to spend R600-million to accelerate coverage reach and network capacity and provide access to affordable, high-quality connectivity across Mpumalanga this year. This adds to the R1-billion Vodacom Mpumalanga spent in the region over the past two years to... 

Lesotho’s Muela hydro power station under repair

By: Natasha Odendaal     27th July 2022 Lesotho’s Muela hydro power station is currently operating at two-thirds of its capacity after one of the three units that generate electricity failed to restart following a fault that caused all three machines to shut down on June 16. The Lesotho Highlands Development Authority (LHDA) said in a... 

Some relief for SA with 'sizeable' fuel price cuts coming

By: News24Wire      27th July 2022 South Africans will be getting some relief at the petrol pumps with fuel price cuts in August, the department of mineral resources and energy confirmed on Wednesday. According to the latest data from the Central Energy Fund, petrol prices currently look set for cuts of between R1.19 and R1.22 per... 

Petrol Pumps

Standard Bank finalises R5bn finance for fibre deployment

By: Natasha Odendaal     27th July 2022 Banking group Standard Bank Group has successfully finalised a R5-billion debt finance package that will help diversified network operator MetroFibre Networx extend its fibre reach by an additional 500 000 households. The financing will be used to expand MetroFibre’s fibre connectivity into homes... 

Africa’s top renewable firm may raise $4bn after takeover

By: Bloomberg     27th July 2022 Africa Finance Corporation (AFC) and Egypt’s Infinity Group plan to raise as much as $4-billion to double the size of a recently acquired business that’s already Africa’s biggest renewable power company. The two firms agreed to buy Lekela Power last week and are seeking between $2.5-billion and... 

Tshwane inner city building to get an upgrade

By: Darren Parker     27th July 2022 Residential and commercial property management company City Property Administration says its upgrade of retailer Shoprite’s building in the Tshwane central business district indicates renewed confidence in the inner cities of Gauteng. Following City Property’s development of One on Mutual and... 

Shoprite building upgrade rendering
A rendering of the envisioned upgrade

Just Share says analysis shows Absa intends to continue financing fossil fuel projects

By: Schalk Burger     26th July 2022 Shareholder activist organisation Just Share has analysed financial services firm Absa’s recently published Coal Financing Standard and Oil and Gas Financing Standard, as well as Absa’s 2022 disclosures partially aligned with the recommendations of the Task Force on Climate-related Financial... 

Associations worry import tariff increases will add to rising transport costs 

By: Schalk Burger     26th July 2022 The road transport and freight industries, as well as the Tyre Importers Association of South Africa (Tiasa), are opposing an application brought to the International Trade Administration Commission of South Africa (Itac) by domestic tyre manufacturers seeking increases in respect of some import... 

AfriForum seeks to assist households, businesses wanting to sell power into grid

By: Marleny Arnoldi     26th July 2022 Civil rights organisation AfriForum has launched its #MyPower campaign following President Cyril Ramaphosa’s announcement that businesses and households will be allowed to install solar power with no licencing threshold and feed excess power into the grid. The campaign is asking for a mandate... 

RCL Foods acquires Sunshine Bakery

By: Darren Parker     26th July 2022 JSE-listed RCL Foods has concluded an agreement for the acquisition of Sunshine Bakery Holdings, which is indirectly majority-owned by agriculture services company Afgri. Sunshine Bakery was established in 2005 by Daniel Anastasis. Based in KwaZulu-Natal, it is one of South Africa’s largest... 

South African miners commit to playing their part to support new energy plan

By: Creamer Media Reporter      26th July 2022 Minerals Council South Africa says it supports the inclusion of the private sector in government's plan to resolve the country's electricity crisis. "President Cyril Ramaphosa outlined a detailed plan by the government to abolish the 100 MW licensing cap on private sector renewable energy... 

Steel market embracing need for decarbonisation, says Kumba Iron Ore  

By: Martin Creamer     26th July 2022 At a time when steelmakers the world over are taking strong steps to decarbonise steelmaking, Kumba Iron Ore’s high-quality, high-lump iron-ore is highly sought after, which positions the Johannesburg Stock Exchange-listed mining and marketing company well in the global fight against climate... 

Kumba Iron Ore CEO Mpumi Zikalala.
Kumba Iron Ore results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Govt’s new energy plan broadly welcomed, but many call for firm deadlines  

By: Marleny Arnoldi     26th July 2022 President Cyril Ramaphosa’s plan to tackle the power crisis in South Africa, as announced and unpacked on July 25, has been well received by the business, labour, academic and environmental communities, but many call for firm deadlines to be added to the plan. Industry body Business Unity South... 

Scatec solar panels
Scatec solar panels

Logistics, fintech combine to address Africa’s transport challenges

By: Darren Parker     26th July 2022 Financial institution Standard Bank has attributed the success of its recent direct minority equity investment into technology-enabled logistics solution Tripplo to its ability as a large, established corporate to work effectively with small, agile start-ups. The bank says this is the key to... 

Mercedes-Benz Trucks’ eActros LongHaul to start tests in Europe this year

By: Irma Venter     26th July 2022 Mercedes-Benz Trucks says the eActros LongHaul, with a range of around 500 km on one battery charge, is scheduled to be ready for series production in 2024.  This follows the European market launch of the eActros for heavy-duty distribution transport last year. 

Image of eActros trucks charging

Entry-level vehicles in SA gaining in safety – AA 

By: Irma Venter     26th July 2022 The presence of vehicle safety features on entry-level vehicles in South Africa is improving, with the majority of vehicles in this category offering moderate to acceptable safety features.  This is according to the 2022 Automobile Association (AA) Entry-Level Vehicle Safety (ELVS) Report, which... 

Image of cars' noses

Rolls-Royce announces identity of its next CEO

By: Rebecca Campbell     26th July 2022 UK-based global major power and propulsion systems group Rolls-Royce announced, on Tuesday, the identity of its new CEO. He is Tufan Erginbilgic and he will take up the position on January 1 next year, following the departure of current CEO Warren East, who announced his decision to step down... 

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