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Latest News

Eskom confirms R4.4bn battery contracts as it moots bigger roll-out  

By: Terence Creamer     29th July 2022 State-owned electricity utility Eskom has confirmed the award of contracts, with a combined value of R4.4-billion, to Hyosung Heavy Industries, of South Korea, and the Pinggao Group, of China, for battery energy storage system (BESS) projects that will be delivered across several sites by the end... 

Seifsa invites entries for 2022 Awards for Excellence

By: Marleny Arnoldi     29th July 2022 Steel and Engineering Industries Federation of Southern Africa (Seifsa) has invited metals and engineering (M&E) companies to enter into this year’s iteration of its Awards for Excellence. The awards provide a platform to celebrate the achievements of employers in the M&E sector, including... 

Afrimat raises R680m in accelerated bookbuild

By: Donna Slater     29th July 2022 JSE-listed building materials, industrial minerals and bulk commodities company Afrimat has successfully closed an equity raise of R680-million – about 8.5% of its current market capitalisation. Following strong demand, Afrimat elected to increase the size of the bookbuild it announced on July... 

Much to do before Ramaphosa's new energy plan can be implemented  

By: Creamer Media Reporter      29th July 2022 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the interventions announced by President Cyril Ramaphosa to address South Africa's electricity crisis; what needs to happen for implementation of the new energy plan to start; and when the new plan could start... 

Photo of Terence Creamer
Much to do before Ramaphosa's new energy plan can be implemented

Glencore’s ferrochrome production up on consistent smelter performance 

By: Martin Creamer     29th July 2022 Ferrochrome production, which is South Africa-based, rose 2% in the six months to June 30, reflecting consistent smelter performance, Glencore reported on Friday. Attributable ferrochrome production of 786 000 t was 13 000 t higher than in the first half of last year amid overall production being... 

Glencore CEO Gary Nagle
Photo by Creamer Media
Glencore CEO Gary Nagle

Magazine round up | 29 July 2022 

29th July 2022 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

Magazine round up | 29 July 2022
Magazine round up | 29 July 2022

Retailer’s last-mile deliveries to be made by solar-charged electric panel vans

By: Irma Venter     29th July 2022 Retailer Woolworths in June announced that it will start rolling out electric panel vans (EPVs) in partnership with logistics group DSV and mobility specialist Everlectric to deliver its customers’ online purchases in Gauteng, Cape Town and Durban.   This follows a ten-month trail period during... 

Magazine Cover image

Absa third-quarter economic outlook foresees food inflation peaking in November

By: Schalk Burger     28th July 2022 Financial services firm Absa Corporate and Investment Banking economist Miyelani Maluleke said the bank, in its 'South Africa Third Quarter 2022 Quarterly Perspectives',  expects food inflation to rise from 8.6% to a peak of 11.5% in November, before falling back to 4.8% by the end of 2023. "We... 

TSAM shows off impressive new distribution centre

By: Marleny Arnoldi     28th July 2022 Toyota South Africa Motors (TSAM) on July 28 officially showcased to guests its new 80 000 m2 parts distribution centre, in Boksburg. The automotive parts distribution centre is the largest of its kind in the Southern Hemisphere.  

Auto parts in Toyota South Africa Motors' Toyota Africa Parts Centre, in Boksburg
Photo by Creamer Media's Marleny Arnoldi
Inside Toyota South Africa Motors' Toyota Africa Parts Centre, in Boksburg

Dept approves fees for Polyco extended producer responsibility scheme

By: Donna Slater     28th July 2022 Plastic packaging producer responsibility organisation Polyco reports that Forestry, Fisheries and the Environment Minister Barabara Creecy has approved its extended producer responsibility (EPR) scheme fees, which were submitted on November 5, 2021. The Department of Forestry, Fisheries and... 

DPWI pursues aggressive cost savings on leases

By: Natasha Odendaal     28th July 2022 The Department of Public Works and Infrastructure (DPWI) is taking a strong stance to control expenses and obtain the greatest efficiencies out of the properties it leases for government departments. Public Works and Infrastructure Minister Patricia de Lille said on Thursday that, in addition to... 

44 MW solar plant gets refinanced by shareholders

By: Darren Parker     28th July 2022 The Concentrator Photovoltaics Power Plant No.1 (CPV1), a 44 MW concentrated solar photovoltaic plant in the Western Cape, has successfully been refinanced by its shareholders Pele Green Energy (PGE), the Public Investment Corporation (PIC) and Touwsrivier Solar Community Trust, which represents... 

Govt lodges WTO dispute over EU citrus import regulations

By: Creamer Media Reporter      28th July 2022 The Permanent Mission of South Africa to the United Nations and other International Organizations has written to Ambassador of the European Union (EU) to the World Trade Organisation (WTO) Joao Aguiar Machado to request consultations with the EU concerning the new regime governing the importation... 

De Beers pleased with strong set of first-half results  

By: Martin Creamer     28th July 2022 In the six months to June 30, rough diamond production of the De Beers Group increased by 10% to 16.9-million carats, reflecting a strong operational performance and higher planned levels of production to meet continued strong demand for rough diamonds. Underlying earnings before interest tax... 

De Beers Group CFO Sarah Kuijlaars
De Beers Group CFO Sarah Kuijlaars interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

South Africa set to take over part of Eskom’s R396bn debt 

By: Bloomberg     28th July 2022 South Africa’s Treasury is finalising a plan to take over a portion of Eskom Holdings' R396-billion debt as part of a process to place the struggling electricity company on a sustainable footing, a top official said. The “broad brush strokes” of the debt transfer will be announced in the mid-term... 

An Eskom-owned power station

Airbus reports 'solid' results for the first half of this year

By: Rebecca Campbell     28th July 2022 Europe-based global major aerospace and defence group Airbus announced its results for the first half of this year (1H22) on Wednesday. It did not release any quarterly results at the same time. It recorded revenues of €24.81-billion, a 1% increase over the €24.637-billion achieved during the... 

An Airbus A330neo widebody airliner
Photo by Airbus
An Airbus A330neo widebody airliner

ArcelorMittal to seek access to rail network amid a collapse in Transnet service  

By: Terence Creamer     28th July 2022 ArcelorMittal South Africa (AMSA) has confirmed that it will seek to secure third-party access to Transnet’s rail network as part of efforts to stabilise the logistics involved in supplying key raw materials, such as iron-ore, having experienced an intense period of rail disruption during the... 

An iron-ore train

Eskom, Netherlands Embassy to collaborate further on repurposing of the Grootvlei power station site

By: Creamer Media Reporter      28th July 2022 Power utility Eskom and the Netherlands Embassy have signed a letter of intent to guide the next phase of collaboration between the two parties. In the next phase of the collaboration, Eskom and the Netherlands Embassy, supported by the Netherlands Enterprise Agency, intend to work along two... 

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
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