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The Durban Container Terminal
South Africa looks to Africa and China ties as global trade fences go up
1st November 2024 By: Reuters

South Africa's trade minister said his country is pursuing more robust trade and investment ties within the continent and with China - its biggest trade partner - as the global trade environment... 


Magazine round up | 01 November 2024
Magazine round up | 01 November 2024
1st November 2024

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


Magazine cover image
First electric minibus taxis to be piloted in Cape Town next year
1st November 2024 By: Irma Venter

By this time next year, it will be possible to tell whether electric minibus taxis are viable people movers within the South African transport landscape. By then, newcomer to the domestic... 


EAAIF invests $28m in Africell for digital infrastructure across four countries
31st October 2024 By: Schalk Burger

Infrastructure projects blended finance firm the Emerging Africa and Asia Infrastructure Fund (EAAIF) has invested $28-million in the oversubscribed $300-million capital market maiden bond issue... 


Fuels Industry Association gets approval for uniform LPG cylinder deposit fees
31st October 2024 By: Schalk Burger

Industry organisation the Fuels Industry Association of South Africa said the Competition Commission approved its implementation of uniform deposit fees for liquefied petroleum gas (LPG) cylinders,... 


IATA has released its latest airline passenger survey
31st October 2024 By: Rebecca Campbell

Airline passengers are still focused on convenience and speed when they travel, the International Air Transport Association (IATA – the global representative body for the airline industry) has... 


IFC's investments in Africa grow 23% to $14.2bn in past year
31st October 2024 By: Schalk Burger

Development finance institution the International Finance Corporation's (IFC's) investments in Africa totalled $14.2-billion in the past fiscal year, or 23% higher than the prior year, which is its... 


Tiger Brands factory
Tiger Brands considering urgent medical compensation to victims of listeriosis ahead of trial
31st October 2024 By: Marleny Arnoldi

JSE-listed fast-moving consumer goods manufacturer Tiger Brands on October 30 issued a statement confirming that it is engaging with the law firm handling claims on behalf of victims of a... 


South Africans mostly keen on EVs, but infrastructure concerns linger – Ford study
South Africans mostly keen on EVs, but infrastructure concerns linger – Ford study
31st October 2024 By: Irma Venter

More than 40% of South Africans are considering purchasing an electrified vehicle (EV) in the next five years. This is according to a survey by Ford Motor Company, with most respondents preferring... 


Construction mafia remains a major problem, warns MBA North
Construction mafia remains a major problem, warns MBA North
31st October 2024 By: Irma Venter

The problem posed by the construction mafia on the ground remains a major stumbling block in the recovery of the construction industry, and especially its ability to create more jobs, says Master... 


MTN’s Chenosis continues to empower innovators across Africa
31st October 2024 By: Natasha Odendaal

Cross-industry application programming interface (API) marketplace and accelerator platform Chenosis, launched by MTN Group, continues to transform Africa's technology landscape, as it provides... 


Pictured are (front row): Tsepo Mathe, Blessing Mbanjwa, Bheki Shabangu and Bongumusa Zaca from the Mpumalanga DPWR&T; (middle row) Zutari infrastructure asset management director Dr Chris von Holdt and Nothando Ndlovu and Gear Dlamini from the DPWR&T; and (back row) Petronella Ramodiba from the DPWR&T and Anton Barnard, Cambridge Mokanyane and S’bongiseni Zulu from Zutari.
Zutari, Mpumalanga roads dept launch comprehensive road maintenance management system
31st October 2024 By: Creamer Media Reporter

The Mpumalanga Department of Public Works, Roads and Transport (DPWR&T) has launched a mature, comprehensive system for road maintenance management, consulting engineering and infrastructure... 


No one entity can meet South Africa’s energy investment needs, report argues
No one entity can meet South Africa’s energy investment needs, report argues
31st October 2024 By: Terence Creamer

No one entity has the resources, funding or execution capability to address South Africa’s multitrillion-rand energy investment needs, a new PWC report argues, while calling for collaboration... 


Macadamia trees
Agriculture set to benefit greatly if MTBPS sentiment is realised
31st October 2024 By: Marleny Arnoldi

Industry bodies Agri SA and the Agricultural Business Chamber of South Africa (Agbiz) agree that Finance Minister Enoch Godongwana’s Medium Term Budget Policy Statement (MTBPS) shows that... 


Finance Minister Enoch Godongwana
Business welcomes pragmatic MTBPS but maintains public service should be downsized
31st October 2024 By: Marleny Arnoldi

Business, academia and industry associations have welcomed the reforms highlighted in the 2024 Medium Term Budget Policy Statement (MTBPS) delivered by Finance Minister Enoch Godongwana on October... 


Finance Minister Enoch Godongwana
South Africa’s Central Bank unlikely to get lower CPI goal soon
31st October 2024 By: Bloomberg

South Africa is unlikely to have a new inflation target by February’s budget, Finance Minister Enoch Godongwana said. “I don’t want to mislead you and say there will be an announcement in... 


The Tshipi mine within the Kalahari manganese field.
Manganese production strong, prices weak, Jupiter reports
31st October 2024 By: Martin Creamer

Australia-listed manganese company Jupiter Mines, which has a 49.9% beneficial interest in Tshipi é Ntle Manganese’s Tshipi mine in South Africa’s Kalahari manganese field, on Thursday reported... 


An image showing a man checking solar panels
Report highlights skills opportunities provided by just energy transition
31st October 2024 By: Tasneem Bulbulia

South Africa will need to create an estimated 40 000 to 60 000 jobs related to the just energy transition (JET) over the next 25 years and it has to start preparing citizens to benefit from the... 


Electricity powerlines
DA urges ‘anti-competitive’ Eskom to withdraw legal proceedings against Nersa
31st October 2024 By: Thabi Shomolekae

The Democratic Alliance on Thursday urged State power utility Eskom to withdraw its “futile and costly” legal dispute and support the transformation of South Africa’s energy sector. Eskom has... 


Eskom commends Saps as three people are arrested for theft of cable drums
31st October 2024 By: Sabrina Jardim

State-owned utility Eskom says three suspects have been arrested by members of the South African Police Service (Saps), in Pretoria, in connection with the theft of drums of cable belonging to... 


Kriel Power Station
South Africa seeks billions in climate funds as it keeps coal plants open
31st October 2024 By: Reuters

South Africa pledged to slash emissions across its fleet of coal-fired power plants in a bid to secure $2.6-billion in climate finance. That’s despite seeking to alter the terms of a 2022 agreement... 


Powerlines
In another shock move, Eskom seeks review of Nersa decision to issue four new trading licences
31st October 2024 By: Terence Creamer

In another surprise move, Eskom has taken the seemingly regressive step of approaching the High Court for a review of the National Energy Regulator of South Africa’s (Nersa’s) decision to grant... 


RBIDZ COO Muzi Shange
RBIDZ COO emphasises importance of enabling energy security, local beneficiation
31st October 2024 By: Tracy Hancock

Manufacturing has been identified as one of the key sectors for the advancement of economic growth and job creation in South Africa, with the energy sector presenting the biggest opportunity for... 


Anglo American CE Duncan Wanblad
Initial findings of Chile’s green hydrogen valley study ‘very promising’, Anglo reports
30th October 2024 By: Martin Creamer

The initial findings of the study to ascertain the feasibility of the development of a green hydrogen valley in Chile’s central zone are “very promising”, Anglo American Chile CEO Patricio Hidalgo... 


Photo of Terence Creamer
Unlocking private sector participation in infrastructure
30th October 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the key themes of the first Medium-Term Budget Policy Statement of the Government of National Unity, delivered by Finance Minister Enoch... 


Solar PV panels
R390bn in electricity investment ‘tangible evidence’ of benefits of reforms
30th October 2024 By: Terence Creamer

The first phase of Operation Vulindlela, which was set up jointly by the Presidency and the National Treasury to oversee structural economic reforms, unlocked R390-billion worth of investment in... 


National Treasury still consulting on fiscal anchor policy options
30th October 2024 By: Terence Creamer

The National Treasury reports that technical work is continuing on permanent measures to anchor fiscal policy and ensure debt sustainability and that a discussion document on the controversial... 


New strategies explored to address big Eskom defaulters, as Rand West City shows way under current relief scheme
30th October 2024 By: Terence Creamer

The National Treasury reports that additional strategies are being explored together with stakeholder departments and Eskom to address the “critical” financial situation of the top 14 Eskom... 


Unlocking private participation in infrastructure, starting with grid, at heart of Godongwana’s ‘pro-growth agenda’
Unlocking private participation in infrastructure, starting with grid, at heart of Godongwana’s ‘pro-growth agenda’
30th October 2024 By: Terence Creamer

Scaling up private-sector participation (PSP) in the delivery of infrastructure emerged as a central component of the “pro-growth agenda” outlined by Finance Minister Enoch Godongwana in his first... 


ArcelorMittal South Africa works to address skills gap through artisan training
ArcelorMittal South Africa works to address skills gap through artisan training
30th October 2024

With South Africa facing a critical shortage of skilled and qualified artisans and engineers, steel producer ArcelorMittal South Africa’s fully Quality Council for Trades and Occupations-accredited... 


World needs development rethink - Unctad
30th October 2024 By: Schalk Burger

Slow growth, high debt, weak investment and the risk of fragmented trade are contributing to widespread discontent affecting developed and developing nations. Multilateral action and a revised... 


DWS, Unisa partner to boost clean water provision
30th October 2024 By: Natasha Odendaal

The Department of Water and Sanitation (DWS) and the University of South Africa’s (Unisa’s) College of Science, Engineering and Technology (CSET) have partnered to boost the provision of clean and... 


Astral Foods eyes annual profit after bird flu-triggered loss
30th October 2024 By: Reuters

South Africa's top poultry producer Astral Foods said on Wednesday it expects to post an annual profit this year, as it recovers from the previous year's rare loss caused by power cuts and the... 


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On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

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