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Business confidence improves on 2020 benchmark, says Sacci

By: Donna Slater     Updated 4 hours ago The South African Chamber of Commerce and Industry (Sacci) reports that its Business Confidence Index (BCI) for July, at 110.3, was 1.8 index points higher than in June and 6.1 points higher than in May. Sacci had adjusted the reference point, or base year, of its BCI to 2020 and the benchmark... 

Former Transnet executives’ properties, pension benefits frozen with SIU order

By: Donna Slater     Updated 5 hours ago The Special Investigating Unit (SIU) and Transnet have obtained a preservation order from the Special Tribunal to freeze five luxury properties, and pension benefits valued at about R1.8-million, linked to former Transnet executives and their spouses, pending the final determination of civil... 

BBE Projects nearing delivery of Venetia underground cooling system

By: Donna Slater     Updated 5 hours ago Project delivery company BBE Projects is in the final stages of completing its delivery of a turnkey air-cooling system for diamond miner De Beer’s Venetia diamond mine, in Limpopo, which is currently approaching the final stages of its transition from openpit to underground mining. BBE Group,... 

Wesgro’s Cape Town & Western Cape Convention Bureau secures 11 bids

By: Irma Venter     Updated 5 hours ago Wesgro’s Cape Town & Western Cape Convention Bureau has secured 11 bids in quarter one of the 2022/23 financial year. It is estimated that the conferences and conventions to be hosted in the province will contribute almost R100-million to the business events value-chain over the next five years. 

Resources Watch  

Updated 5 hours ago This week: Royal Bafokeng applauds President’s energy plan, nears decision on solar; Anglo’s big on-site solar, off-site wind plan lays foundation for green hydrogen; and, High-flying Glencore locks in renewable power, prioritises future-facing metals  

Royal Bafokeng looking to R1.6bn off-balance-sheet spend on 98 MW solar plant  

By: Martin Creamer     Updated 6 hours ago Platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) is looking to off-balance-sheet capital expenditure of R1.6-billion for a 98 MW solar power plant. The photovoltaic (PV) plant will further buffer RBPlat and the region from load-shedding into the future should it prove... 

Sustainability: the brand and value game changer 

Updated 6 hours ago By Anoop Hariparsad, Offer and Channel Marketing Manager: Digital Energy at Schneider Electric Today there are number of differentiators that help businesses strengthen their brand image particularly as we emerge from the pandemic. One differentiator is sustainability and its resultant value –... 

Smart grids: A solution to power outages

Updated 6 hours ago By Corridor Africa Technologies CEO Matone Ditlhake   Energy utility companies across the world are striving to find smarter ways to control the flow of energy. The benefits of digitalisation and connectivity are unquestionable. To survive, energy companies must harness the power and possibility... 

South Africa-connected Irish aviation group takes full control of Belgian MRO company

By: Rebecca Campbell     Updated 6 hours ago Ireland-based aviation services company ASL Aviation Holdings (ASL) has announced that it had taken full ownership of Belgium-based aircraft maintenance, repair and overhaul (MRO) company X-Air Services (X-Air). Among its range of subsidiary companies based in Europe, Africa and Asia, ASL was the... 

Barrick’s Mali trebling solar as renewables stave off high energy prices at Kibali  

By: Martin Creamer     9th August 2022 The African regions are continuing to excel on all fronts for Barrick, the large gold/copper miner that is benefitting from a stand-out performance in Tanzania and finding exploration in Mali and Senegal “a gift that keeps giving”, and which is being received with open arms in Pakistan. Under the... 

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