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Academy launches plastics manufacturing machine setter apprenticeship programme
6th December 2024 By: Schalk Burger

The Plastics SA Academy for Learning and Development has launched a plastics-related Plastics Manufacturing Machine Setter trade apprenticeship programme that is an National Qualifications... 


IAEA experts commend Ghana for its commitment to nuclear safety
6th December 2024 By: Rebecca Campbell

An expert mission from the International Atomic Energy Agency (IAEA) has commended Ghana for being committed to continuously improving nuclear and radiation safety, as the country moves forward... 


UK funding released to look at improving rural road construction in SA
UK funding released to look at improving rural road construction in SA
6th December 2024 By: Irma Venter

The Royal Society, in the UK, has provided funding to support a three-year collaborative roads project between the UK’s University of Nottingham (UoN) and South Africa’s Stellenbosch University... 


Another M&R director resigns
6th December 2024 By: Sabrina Jardim

JSE-listed Murray & Roberts has reported that Alexandra Muller has resigned from the board of directors of the group with effect from December 9. “The board wishes to thank Ms Muller for her... 


UP student Rorisang Mahomo
University of Pretoria student provisionally credited with detecting an asteroid
6th December 2024 By: Rebecca Campbell

A third-year student at the University of Pretoria (UP) has been provisionally credited with the detection of an asteroid. Twenty-year-old Rorisang Mahomo, who hails from Lesotho, has had her... 


Busa expresses frustration over UIF’s ongoing failures
6th December 2024 By: Sabrina Jardim

The operational inefficiencies and governance failures of the Unemployment Insurance Fund (UIF) are letting down hundreds of thousands of workers, many of whom are now facing a festive season... 


IATA reports continued strong growth in air passenger demand
6th December 2024 By: Rebecca Campbell

Global air passenger demand in October remained strong, the International Air Transport Association (IATA) has reported. (IATA is the representative body for the global airline industry.) Total... 


An image of Coronation CEO Anton Pillay
Nedbank CIB advises Coronation on BBBEE deal
6th December 2024 By: Tasneem Bulbulia

Banking services provider Nedbank Corporate and Investment Banking (CIB) has advised independent asset manager Coronation Fund Managers on a broad-based black economic empowerment (BBBEE)... 


Eskom, NTCSA brief lawmakers
Eskom, NTCSA brief lawmakers
6th December 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the key themes that emerged during a briefing by Eskom and the National Transmission Company South Africa to lawmakers this week. The briefing... 


McKinsey & Company
McKinsey to pay SA R1.1bn for its role in State capture
6th December 2024 By: Thabi Shomolekae

The National Prosecuting Authority announced that it has successfully concluded dispute resolution with McKinsey South Africa, in which McKinsey will pay about R1.1-billion into South Africa's... 


New IDC CEO Mmakgoshi Lekhethe
Senior National Treasury official Lekhethe appointed to lead IDC
6th December 2024 By: Terence Creamer

Cabinet has approved the appointment of Mmakgoshi Lekhethe, a senior official from the National Treasury, as the first woman CEO of the State-owned Industrial Development Corporation (IDC).... 


Main non-tariff barrier in Africa is infrastructure; potential lies in non-traditional markets
6th December 2024 By: Schalk Burger

A significant non-tariff barrier (NTB) that business in Africa faces is infrastructure deficiencies, which is hampering growth, specifically for the 16 landlocked countries in Africa that are... 


Transnet locomotives
Robust debate unveils complexities of resetting South Africa's logistics system
6th December 2024 By: Schalk Burger

Private- and public-sector representatives have, this week, emphasised that there are potential solutions to South Africa's logistics problems and bottlenecks, that funding is limited and that... 


Magazine round up | 06 December 2024
Magazine round up | 06 December 2024
6th December 2024

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


Magazine Cover Image
Gauteng water crisis won’t be solved without infrastructure and demand interventions
6th December 2024 By: Natasha Odendaal

Gauteng, South Africa’s most populous province and economic hub, eagerly anticipates a significant inflow of additional water in 2028 from the second phase of the Lesotho Highlands Water Project... 


delegates celebrate the signing of the Atlanta Phambili pledge
South Africa signs pledge with Atlanta to drive US investment in South Africa
5th December 2024 By: Darren Parker

South Africa has signed a pledge with the US city of Atlanta, Georgia, to encourage increased US investment in South Africa and vice versa. The signing took place at a trade and investment seminar... 


Signing ceremony on the sidelines of Africa Investment Forum Market Days
Africa50 signs agreement to manage International Solar Alliance’s Africa Solar Facility
5th December 2024 By: Sabrina Jardim

The International Solar Alliance (ISA) and Africa50 have signed a landmark term sheet laying out the key terms on which Africa50, the pan-African infrastructure investor and asset manager, will... 


 Unctad Secretary-General Rebeca Grynspan
World trade to hit a record this year, but outlook for 2025 is uncertain
5th December 2024 By: Schalk Burger

World trade is on track to reach a record $33-trillion this year, but risks of expanded trade wars and ongoing geopolitical challenges cast uncertainty over the outlook for 2025, says global trade... 


Rooftop solar panels
SOLA has produced 1bn kilowatt-hours of clean electricity
5th December 2024 By: Schalk Burger

Renewable-energy company SOLA Group has produced one-billion kilowatt-hours of renewable energy, reaching this goal one month earlier than planned. The company produced the majority of this amount... 


An image showing Neopak's mill
Neopak extends partnership with ABB to upgrade operations, accelerate digitalisation
5th December 2024 By: Tasneem Bulbulia

Containerboard and paper products manufacturer Neopak has renewed its partnership with global technology company ABB to upgrade the existing automation system at its Rosslyn paper mill, in... 


An image of Enel Green Power Southern Africa country manager Manuele Battisti
Enel Green Power looks to augment its South African footprint
5th December 2024 By: Tasneem Bulbulia

As it marks a decade in the region, renewable energy company Enel Green Power Southern Africa is looking to bolster its footprint here, with a keen focus on skills development and capitalising on... 


EIB commits $80m to Pembani Remgro Infrastructure Fund II
5th December 2024 By: Sabrina Jardim

The European Investment Bank (EIB) has committed $80-million in equity to the Pembani Remgro Infrastructure Fund II (PRIF II) to finance infrastructure projects in sub-Saharan Africa. The PRIF II... 


Afrimat Construction Index continues upward trend in third quarter
Afrimat Construction Index continues upward trend in third quarter
5th December 2024 By: Irma Venter

The Afrimat Construction Index (ACI) continued its upward trend in third quarter of the year. The ACI is a composite index of the level of activity within the building and construction sectors, and... 


Cape Town moves ahead with plans to take over PRASA service
Cape Town moves ahead with plans to take over PRASA service
5th December 2024 By: Irma Venter

The City of Cape Town (CoCT) says it will have business plans in place by the middle of next year to take over the management of passenger rail services in the metro. This follows the city... 


Oxbow Hydropower ESIA contract awarded
5th December 2024 By: Natasha Odendaal

The Lesotho Highlands Development Authority (LHDA) has awarded the environmental and social impact assessment (ESIA) contract for the Oxbow Hydropower Scheme to a joint venture comprising Italy’s... 


Schneider Electric sets goal of reducing suppliers' emissions by 50% by 2025
5th December 2024 By: Schalk Burger

Electricity and automation company Schneider Electric has set a goal of reducing the carbon intensity of its top 1 000 suppliers by 50% by 2025, Schneider Electric strategy and sustainability... 


Rising business insolvencies globally an emerging risk for directors – Allianz
5th December 2024 By: Schalk Burger

Global business insolvencies are expected to rise by 11% this year and countries accounting for more than half of global GDP will be hit by double-digit insolvency increases, says risk and... 


Nampak concludes BEE deal with Cambrian Capital Partners
5th December 2024 By: Marleny Arnoldi

JSE-listed packaging producer Nampak has successfully concluded a black economic empowerment (BEE) transaction with private equity fund manager Cambrian Capital Partners. Cambrian, through a... 


Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


JHB skyline
South Africa's current account deficit broadly unchanged in Q3
5th December 2024 By: Reuters

South Africa's current account deficit was broadly unchanged from the second to the third quarter of this year, staying at 1.0% of gross domestic product, central bank data showed on Thursday. In... 


SAA
South African Airways cancels some flights as pilots go on strike
5th December 2024 By: Reuters

South African Airways said it had cancelled flights to Perth and Sao Paulo on Thursday after receiving confirmation from the SAA Pilots Association that they planned to strike following a deadlock... 


Citi says deals from Gulf into Africa are keeping bankers busy
5th December 2024 By: Bloomberg

Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup. They’re looking at countries such as Kenya... 


Joint operation exposes illegal electricity operation near Fochville
4th December 2024 By: Sabrina Jardim

A collaborative operation involving State-owned Eskom’s Gauteng Distribution Security, the South African Police Service (SAPS), City Power and Eskom-contracted security personnel uncovered a... 


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

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