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Despite big hurdles, long journey to electric mobility begins across Africa
13th December 2024 By: Martin Zhuwakinyu

Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death and are a significant contributor to climate change. But given Africa’s limited access to... 


The Matla power station
Nine injured in transformer explosion at Matla power station
12th December 2024 By: Creamer Media Reporter

Nine people were injured at Eskom's Matla power station on December 12 when a transformer exploded, affecting Unit 6. As a precautionary measure, Unit 5 was also taken offline to ensure the safety... 


ACSA CEO Mpumi Mpofu
OR Tambo's new fuel bypass line to be implemented by February; ACSA's recovery ongoing
12th December 2024 By: Schalk Burger

State-owned airports management agency the Airports Company South Africa (ACSA) CEO Mpumi Mpofu told media on December 12 that the fuel bypass line at the OR Tambo International Airport (ORTIA) is... 


Construction site silhouette
Ensuring resilient infrastructure a focus area for new Saice president
12th December 2024 By: Marleny Arnoldi

Some of the issues that newly elected South African Institution of Civil Engineering (Saice) president for 2025 Friedrich Slabbert will focus on are advancing professionalism in the construction... 


An image of Business Partners MD Jeremy Lang
Jeremy Lang appointed Business Partners MD
12th December 2024 By: Tasneem Bulbulia

Small business financier Business Partners has appointed Jeremy Lang as its new MD, effective January 1. Lang will succeed Ben Bierman, who is retiring after more than 35 years of service. 


An image of SBG deputy CEO Kenny Fihla
AfDB approves two facilities for Standard Bank
12th December 2024 By: Tasneem Bulbulia

Finance institution the African Development Bank Group (AfDB) has approved two financial facilities for South Africa-based Standard Bank Group to support economic development in Africa. The first... 


Gold from South Africa's Rand Refinery.
Role as hedge, geopolitical risk most likely reasons for gold’s remarkable performance
12th December 2024 By: Martin Creamer

The gold price has increased by more than 28% year-to-date in dollars, trading 22% higher on average this year than during 2023, the World Gold Council reported on Thursday, December 12. Gold’s... 


South African rands
Bidvest Group sells bank business to Access Bank for R2.8bn
12th December 2024 By: Marleny Arnoldi

Bidvest Group has concluded an agreement for the disposal of 100% of Bidvest Bank Holdings to Access Bank for R2.8-billion. Bidvest Group CE Mpumi Madisa says that, as a well-respected,... 


Rooftop solar panels
GoSolr expresses concern about Eskom targeting solar users with higher tariffs
12th December 2024 By: Marleny Arnoldi

State-owned power utility Eskom has sparked debate with its latest tariff proposal, resulting in uncertainties for solar power users. Solar energy company GoSolr co-founder Patrick Narbel points... 


Cape Town service level plan is not a devolution agreement, warns PRASA
Cape Town service level plan is not a devolution agreement, warns PRASA
12th December 2024 By: Irma Venter

The recent Service Level Plan (SLP) signed between the Passenger Rail Agency of South Africa (PRASA) and the City of Cape Town is not a devolution agreement, warns the rail agency. It says the... 


Pan African's new Mogale Tailings Retreatment operation.
Pan African advancing plans for another promising gold recovery project west of Joburg
12th December 2024 By: Martin Creamer

A feasibility study on the Soweto Cluster gold recovery project, which like the highly successful Mogale Tailings Retreatment (MTR) is also on Gauteng’s West Rand, will be completed by September,... 


Township economy
Govt urges spaza shop owners to register businesses before deadline
12th December 2024 By: Thabi Shomolekae

With the registration deadline looming for small businesses, spaza shops and other food-handling convenience stores, government warned owners that if they missed the registration window their... 


Liquid Intelligent Technologies extends its Botswana fibre network
12th December 2024 By: Creamer Media Reporter

Pan-African technology group Liquid Intelligent Technologies has completed its fibre network extension from Ramatlabama to Ramokgwebana. The enhanced independent network spans over 730 km, marking... 


AfDB leads $1.2bn financing syndication for Tanzania's Standard Gauge Railway project
12th December 2024 By: Sabrina Jardim

The African Development Bank (AfDB) has signed a coordination letter with Deutsche Bank and Société Générale to establish a syndication strategy to mobilise up to $1.2-billion for Tanzania's... 


Cape Town port's liquid bulk terminal
Cape Town liquid bulk terminal earmarked R195m for refurbishment with renewed concession
12th December 2024 By: Marleny Arnoldi

Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminals as the preferred bidder to refurbish and maintain a liquid bulk terminal at the Port of Cape Town’s liquid bulk precinct.... 


Midas substation repairs still under way, but essential load to mines restored
12th December 2024 By: Tasneem Bulbulia

A 500 MVA transformer at the Midas substation, in Gauteng, tripped in the evening of December 11, disrupting electricity supply to about 15 mines in the Carletonville, Fochville and Potchefstroom... 


A Boeing aircraft being refuelled with SAF
IATA disappointed at slow ramp-up of sustainable aviation fuel production
12th December 2024 By: Rebecca Campbell

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has lamented the slower-than-hoped-for ramp-up of sustainable aviation fuels... 


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... 


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Magazine round up | 17 January 2025
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