https://newsletter.en.creamermedia.com

Receive our free daily newsletter:

Macro & Micro

BLSA CEO Busi Mavuso
South Africa should capitalise on its East and West trade ties – BLSA
4th November 2024 By: Schalk Burger

Building a stronger economy is the best way for South Africa to prepare for any internal or external shocks. While this requires the country to successfully carry out reforms, South Africa is in a... 


Sino Africa Gases co-founder Sibusiso Sibisi
Sino Africa Gases established in Newcastle
1st November 2024 By: Darren Parker

The new food-grade liquid CO2 manufacturing plant of Sino Africa Gases is now officially established. The plant, located in Newcastle, KwaZulu-Natal, was funded by the National Empowerment Fund... 


Employee at a factory in South Africa
Despite slight dip, Absa PMI in expansionary territory, indicating rebound in manufacturing
1st November 2024 By: Schalk Burger

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down to 52.6 points in October, following an upbeat closing of the third quarter at 53.3 points in September. Although this is a... 


Wind and solar
IPP Office to defend legal attempt by BW5 preferred bidders to prevent payout of bid bonds
1st November 2024 By: Terence Creamer

The Independent Power Producer (IPP) Office has confirmed that it will oppose a legal attempt by two renewables consortia to prevent the payout of preferred-bidder guarantees called after their... 


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... 


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... 


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... 


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... 


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... 


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... 


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... 


solar and wind energy
Clean energy technology market to rival crude oil market value by 2035
30th October 2024 By: Darren Parker

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current... 


Donald Trump
Trade opportunities for emerging countries to remain under a Trump Presidency, economist says
29th October 2024 By: Darren Parker

Economist Dr Larry Hatheway has predicted that Donald Trump will win the upcoming US presidential elections against Kamala Harris, which will probably encourage deglobalisation based on the former... 


Powerlines
Batting away Eskom objections, Nersa approves four new electricity traders and first private import/export licence
29th October 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has approved four new electricity trading licences, the issuance of which had been opposed by Eskom, along with the country’s first-ever... 


South African flag with R2 coin
TIPS highlights positive second-quarter trade, investment movements
29th October 2024 By: Marleny Arnoldi

Trade & Industry Policy Strategies (TIPS) finds in its latest Real Economy Bulletin for the second quarter of the year that GDP increased by 0.4% year-on-year, against population growth of 1.3%... 


A person holding ZiG banknotes
Zimbabwe’s ruling party passes resolution to have gold-backed ZiG adopted as sole currency
29th October 2024 By: Bloomberg

Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the use of US dollars. The government is ordered to “expedite... 


Finance Minister Enoch Godongwana
South African budget eyed by investors for further reform steps
29th October 2024 By: Bloomberg

The new South African coalition government’s resolve to control debt and expedite reforms to fire up the lackluster economy will be put to the test when it unveils its first budget on Wednesday.... 


sugar pile
Sugar industry calls for Godongwana to honour his commitment to reassess sugar tax
28th October 2024 By: Darren Parker

In an open letter, several sugar industry associations have called on Finance Minister Enoch Godongwana to honour a commitment he made in his 2023 Budget, where he announced that consultations... 


Forestry, Fisheries and the Environment Minister Dr Dion George
South Africa to seek rise in yearly climate finance pledge to $1.3tr at COP29
28th October 2024 By: Terence Creamer

South Africa will call for the New Collective Quantified Goal (NCQG) on climate finance to be set at $1.3-trillion yearly during the upcoming COP29 climate negotiations, which will be held in Baku,... 


Ratings bias costs Africa billions of dollars, Standard CEO says
28th October 2024 By: Bloomberg

African countries face higher costs of financing because of inflated risk perceptions from credit-ratings companies, the head of the continent’s biggest bank said. A United Nations Development... 


Johannesburg
Morgan Stanley sees fiscal gains easing South Africa junk rating
28th October 2024 By: Bloomberg

South Africa’s improving economic prospects after years of lackluster growth will result in better fiscal metrics and may soon lead to an upgrade of its junk-rated debt, according to RMB Morgan... 


roulette table closeup
Sun International’s proposed acquisition of Peermont should be denied, commission recommends
28th October 2024 By: Darren Parker

The Competition Commission has recommended that the Competition Tribunal prohibit JSE-listed Sun International’s proposed acquisition of Peermont Holdings. The commission said on October 28 that it... 


PnP logo
Pick n Pay to list Boxer unit in Africa’s biggest IPO this year
28th October 2024 By: Bloomberg

Pick n Pay Stores said it will list its low-cost Boxer business on the Johannesburg bourse by the end of the year and that the South African grocer will raise as much as R8-billion in the process,... 


flags of G20 member countries
South Africa not the only country facing challenges – Mavuso
28th October 2024 By: Darren Parker

Business Leadership South Africa CEO Busi Mavuso has noted that many of the challenges faced by the South African economy are shared by other nations. “One of the striking features of the B20... 


President Cyril Ramaphosa
Ramaphosa wants 250Mt of freight moved by rail by 2029, as he notes progress in the sector
28th October 2024 By: Sashnee Moodley

The seventh administration aims to push rail as the “backbone of transport” in the country, with President Cyril Ramaphosa urging that rail lines transport at least 250-million tonnes of freight a... 


Minister Patricia de Lille spoke at the launch of the JET Funding Platform in her capacity as acting Electricity and Energy Minister
New Just Energy Transition matchmaking platform aiming for R600m in grant disbursements in 2025
25th October 2024 By: Terence Creamer

A new matchmaking platform to directly link providers of grant funding pledged to South Africa’s Just Energy Transition Investment Plan (JET-IP) with domestic beneficiaries is aiming to ensure the... 


Apple
Provincial govt says Cape Town port inefficiency dampening fruit exports, growth plans
25th October 2024 By: Marleny Arnoldi

Western Cape Minister of Agriculture, Economic Development and Tourism Dr Ivan Meyer has expressed concern about the slow progress being made at the Cape Town port in respect of a terminal... 


Brics leaders
Spurred by shared grievances, Brics gathers pace
25th October 2024 By: Reuters

As US election jitters hung over this week's meeting of global finance chiefs in Washington, a smiling Vladimir Putin was in the Russian city of Kazan welcoming leaders of countries which together... 


Reserve Bank Governor Lesetja Kganyago
South African reforms could push rand higher, central bank chief says
25th October 2024 By: Reuters

South Africa's rand has further room to strengthen if the government in Pretoria pushes ahead with reforms and prudent policies, the country's central bank chief Lesetja Kganyago told Reuters. The... 


A generic image of wind turbines
Private renewable-energy projects accelerating energy sector growth
25th October 2024 By: Lumkile Nkomfe

The removal of the licensing threshold for embedded generation has boosted the renewable-energy market by allowing private-sector companies to procure energy directly from independent power... 


Magazine cover image
Greater coordination needed to realise green-hydrogen aspirations
25th October 2024 By: Darren Parker

Despite enthusiasm for the development of a hydrogen economy from the public and private sectors, there remains a significant lack of coordination to effectively implement projects and bring the... 


Afrimat group CEO Andries van Heerden
Afrimat posts 45.4% drop in operating profit after ‘extremely stressful’ first half
24th October 2024 By: Darren Parker

Although mid-tier mining and materials company Afrimat recorded a year-on-year revenue increase of 44.3%, from R2.8-billion to R4.1-billion for the six months ended August 31, its operating profit... 


7 8 9 10
11
12 13 14 15

Sector News

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
Actom
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 
ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.43s - ct: 0.643s - 391pq - 2rq
Subscribe Now