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Global Auxiliary of Companies (Global Aux) CEO Mika’il Ali Kote (centre) with the Coega Development Corporation delegation at the Coega Business Centre in Gqeberha
Coega SEZ hosts Global Aux CEO in effort to advance co-development plans
12th December 2024 By: Darren Parker

The Coega Development Corporation (CDC) recently hosted Global Auxiliary of Companies (Global Aux) CEO Mika’il Ali Kote to the Coega special economic zone (SEZ) in the Eastern Cape. Global Aux is a... 


Parking space indicating EV charging
China is urging EV firms to invest in South Africa, official says
12th December 2024 By: Bloomberg

China is encouraging its electrical vehicle manufacturers to invest in South Africa as it seeks to broaden ties between the two nations. “We encourage the Chinese companies to consider, very... 


Cranes at a Transnet operated port
Court blocks ICTSI bid to appeal South Africa port-deal ruling
12th December 2024 By: Bloomberg

A South African court denied a bid by International Container Terminal Services Inc (ICTSI) to appeal a decision that temporarily stops the nation’s state-owned logistics firm from going ahead with... 


A building carrying the HSBC logo
HSBC, World Bank's IFC launch $1bn trade finance programme for emerging markets
12th December 2024 By: Reuters

HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1-billion, in a move to help fill a gap in financing for... 


Pele Green Energy CEO Gqi Raoleka
100 MW Free State solar project represents IPP empowerment landmark
12th December 2024 By: Terence Creamer

The selection of Pele Green Energy (PGE) to supply renewable energy to the South African ferrochrome smelters operated by the Glencore Merafe Venture represents an important milestone in the steady... 


Govt tests market appetitive for Independent Transmission Projects
Govt tests market appetitive for Independent Transmission Projects
12th December 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses government's plans to pursue private sector participation in the transmission grid; a request for information issued in relation to Independent... 


Renergen concerned about its mineral rights amid solar plant construction
11th December 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Renergen has provided an update on ongoing actions involving its majority-owned subsidiary, Tetra4, which produces helium, and a proposed solar plant being planned by another... 


hackers in the dark
Financial crime investigators can now subpoena digital bank records
11th December 2024 By: Darren Parker

The South African Banking Risk Information Centre (Sabric), the Directorate for Priority Crime Investigation (Hawks) and the Banking Association South Africa (Basa) have launched the Section 205... 


People working on powerlines
South Africa tests market appetite for Independent Transmission Projects ahead of pilot
11th December 2024 By: Terence Creamer

South Africa has issued a request for information (RFI) to gauge the level of interest and readiness of industry to participate in Independent Transmission Projects (ITP) as it prepares to launch... 


V&A plans R20bn Granger Bay development
11th December 2024 By: Bloomberg

Cape Town’s V&A Waterfront plans a R20-billion expansion of the adjacent Granger Bay precinct and has sought permission from authorities in South Africa’s second-biggest city for the development.... 


Proposed acquisition by Saudi-Sewela entity should see Barloworld delist
Proposed acquisition by Saudi-Sewela entity should see Barloworld delist
11th December 2024 By: Irma Venter

A special purpose consortium – Newco – comprising a Saudi Arabian group and a company linked to current CEO Dominic Sewela, has announced its intent to acquire diversified industrial group... 


MTN sponsors microgrid initiative delivering renewable energy, connectivity to Orange Farm
11th December 2024 By: Natasha Odendaal

Telecommunications group MTN South Africa is sponsoring a microgrid initiative in Orange Farm to bring renewable energy, Internet connectivity and new economic opportunities to the area. MTN’s... 


Rand Water prepares for more maintenance
11th December 2024 By: Natasha Odendaal

Rand Water is preparing to embark on its next planned water infrastructure maintenance project this week. On Friday, the utility will start repairs of the B1/B2 pipeline leak at Zuikerbosch, which... 


Icasa gazettes new call termination rates glide path
11th December 2024 By: Natasha Odendaal

The Independent Communications Authority of South Africa (Icasa) has published the amendments to the 2014 Call Termination Regulations, setting a new three-year glide path for termination rates in... 


Real-time payments contribution to South Africa's GDP set to double by 2028
11th December 2024 By: Schalk Burger

Payments technology company ACI Worldwide says in its 'Real-Time Payments: Economic Impact and Financial Inclusion' report that the contribution of real-time payments to South Africa's GDP is... 


Image of Johannesburg Water MD Ntshavheni Mukwevho
Joburg Water optimistic regarding turnaround plan amid challenges, R27bn backlog
11th December 2024 By: Natasha Odendaal

Against a challenging backdrop of high – and rising – water demand, illegal connections, nonpayment for water, servitude encroachments and aging infrastructure, Johannesburg Water is happy with the... 


Peter Huxham and Frik Potgieter
Families of unlawfully convicted engineers call for their release before Christmas
11th December 2024 By: Marleny Arnoldi

The families of two South Africans, Frik Potgieter and Peter Huxham, have again pleaded with the Equatorial Guinea government to release the men, who have been detained in the country for 670 days,... 


An image of CNG Holdings CEO Josua le Roux 12-24
Reatile Energy increases stake in CNG Holdings
11th December 2024 By: Tasneem Bulbulia

Investment holding company Reatile Group subsidiary Reatile Energy has increased its stake in natural gas provider CNG Holdings to 61.36%, which Reatile Energy says further cements its commitment... 


Climate hazards will slash 7% off corporate earnings yearly by 2035, researchers warn
11th December 2024 By: Sabrina Jardim

Businesses must act now to address growing climate risks or face steep financial losses, the World Economic Forum (WEF) stresses in two new reports. Companies that delay could see up to 7% of... 


Wine grapes being cut
Vinpro has positive outlook for this year’s wine grape season
11th December 2024 By: Marleny Arnoldi

Industry bodies South Africa Wine and Vinpro expect an improvement in this year’s first harvest wine grape crop, compared with the previous year’s record low yield of 1.18-million tonnes. Early... 


Libstar's Denny pasta sauce
Libstar on track to report higher full-year revenue despite lower sales volumes
11th December 2024 By: Marleny Arnoldi

JSE-listed consumer packaged goods group Libstar has reported a 2.5% increase in revenue in the year to November 22, despite sales volumes having declined by 2.9%, compared with the same period of... 


A gas stove
WLGA releases roadmap to expand access to LPG for cooking across Africa
11th December 2024 By: Schalk Burger

Industry organisation the World Liquid Gas Association (WLGA) has released the ‘LPG Roadmap for Africa’ report, which includes calls to action for the public and private sectors to achieve full... 


Spinach produced in raise beds at SAB Ibhayi brewery
Partnership project showcases value-creating effluent treatment process at Eastern Cape brewery
11th December 2024 By: Marleny Arnoldi

Project Imifino was recently showcased at South African Breweries' (SAB’s) Ibhayi brewery site in Gqeberha in the Eastern Cape as a viable model for effluent treatment in the food and beverage... 


The Duvha power station
Eskom reiterates commitment to safeguarding infrastructure
11th December 2024 By: Schalk Burger

State-owned power utility Eskom has welcomed the separate sentencing of two individuals for theft of cables near the Duvha power station, in Mpumalanga, and said it was committed to safeguarding... 


Repair works start on LHWP tunnel maintenance
Repair works start on LHWP tunnel maintenance
11th December 2024

Progress is being made on the maintenance and repair of the Lesotho Highlands water tunnel, which was shut down in October to undertake the critical work that will ensure the infrastructure’s... 


ARC starts new financial year off strong with solid portfolio performances
10th December 2024 By: Marleny Arnoldi

JSE-listed African Rainbow Capital (ARC) Investments made some significant investments in its ARC Fund in the first quarter of its 2025 financial year, which ended on September 30. The company’s... 


Department launches new entity for small businesses
10th December 2024 By: Sabrina Jardim

The Department of Small Business Development has launched a new entity, the Small Enterprise Development and Finance Agency, or Sedfa, with the aim to scale up support to small businesses or micro,... 


From left, Jane and Bob Stone, with Seifsa CEO Lucio Trentini
Bob Stone receives Seifsa Lifetime Contribution award
10th December 2024 By: Schalk Burger

Industry employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has awarded Robert (Bob) Stone with the 2024 Lifetime Contribution to the Industry award... 


Manufacturing production increases 0.8% y/y in October – Stats SA
10th December 2024 By: Schalk Burger

Statistics agency Statistics South Africa (Stats SA) has revealed that manufacturing production increased by 0.8% year-on-year in October. The largest positive contributions came from petroleum,... 


GVK-Siya Zama CEO Eben Meyburgh.
A positive outlook for 2025 as GVK-Siya Zama racks up big wins in 2024
10th December 2024 By: Sabrina Jardim

Privately owned construction company GVK-Siya Zama accomplished several significant milestones this year that strengthened its position in the construction industry. One of its primary achievements... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa seeks to catalyse Japanese finance for green hydrogen projects
10th December 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa is in Japan this week in a bid to secure financial backing for flagship South African green-hydrogen projects in the Eastern and Northern... 


NNR calls for public comment on Koeberg nuclear storage facility licence application
10th December 2024 By: Rebecca Campbell

The National Nuclear Regulator (NNR) on Tuesday invited the public to comment on environmental, health and safety issues regarding the request by South African State-owned national electricity... 


South African technology positioned to elevate alloy production to new high level of greenness.
Global green alloy acclaim is there for South Africa to attain using new local technology
10th December 2024 By: Martin Creamer

South Africa, which hosts more than 70% of the world reserves of chrome ore and manganese ores, was dominant in ferroalloy production until 2010. In the early 2000s, South Africa was the undisputed... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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