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Macro & Micro

Power line and substation
NamPower grid-strengthening and battery storage project secures $138.5m World Bank backing
7th May 2024 By: Terence Creamer

The World Bank has approved a $138.5-million finance package to support the integration of renewable energy into Namibia’s electricity system by strengthening its transmission grid and integrating... 


An Amazon branded package
Amazon launches online shopping service in South Africa
7th May 2024 By: Reuters

Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com. Africa's most advanced economy is usually seen... 


Eskom logo
Eskom takes City Power to court over R1bn debt
6th May 2024 By: Sashnee Moodley

State power utility Eskom has said it has "no choice" but to approach the Johannesburg High Court to force City Power to pay just over R1-billion in unpaid debt. Eskom noted that City Power began... 


Image of Cyril Ramaphosa
Ramaphosa pegs sustainable economic recovery on attraction of higher levels of investment
6th May 2024 By: Thabi Shomolekae

President Cyril Ramaphosa on Monday assured that government is working to get rid of red tape that impedes and slows down investment. Ramaphosa wrote in his weekly letter to the nation that it was... 


South African bank notes
Rand gains on stronger PMI data
6th May 2024 By: Reuters

The South African rand was stronger in early trade on Monday, after private sector activity rose marginally in April. At 0724 GMT, the rand traded at 18.4650 against the dollar, about 0.3% stronger... 


Wind and solar
Climate commission model points to the growth potential of green industrialisation
6th May 2024 By: Terence Creamer

The initial direct cost of placing South Africa on an energy transition pathway over the coming five years in line with its decarbonisation targets is calculated at a hefty R1.5-trillion in the... 


scrap metal
Enhanced regulation, law enforcement needed to combat scrap metal theft
3rd May 2024 By: Darren Parker

Enhanced regulation and enforcement are needed to address the challenges of scrap metal theft in South Africa and potentially lift the ban on scrap metal exports, research and advisory firm Birguid... 


Saudi Tadawul Group CEO Khalid Alhussan and JSE group CEO Leila Fourie
Saudi, Johannesburg stock exchanges partner to advance new instruments, market access
3rd May 2024 By: Marleny Arnoldi

The JSE has signed a memorandum of understanding (MoU) with Saudi Tadawul Group (STG), aimed at enhancing financial market collaboration and bolstering economic ties between South Africa and Saudi... 


South African citizens voting in a previous election
Next South African government has tough reform job, Moody’s says
3rd May 2024 By: Bloomberg

South Africa may struggle to make much more progress on resolving the country’s longstanding challenges if a coalition government emerges after elections this month, Moody’s Investors Service... 


Photo of Terence Creamer
Reigniting growth in South Africa's real economy
3rd May 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer talks about the highs and lows of South Africa's real economy in the 30 years of democracy, as well as what could be done to reignite the manufacturing... 


NTOMBIFUTHI MDLULI
These projects collectively contribute to employment
Short-term insurance product extended to SMMEs
3rd May 2024 By: Simone Liedtke

The State-owned Export Credit Insurance Corporation of South Africa (ECIC) has significantly expanded its mandate to support manufacturing projects, with a notable enhancement through the... 


Image of Kabelo Gwamanda
City of Joburg working on 'innovative measures’ to reduce power outages, promises Mayor Gwamanda
2nd May 2024 By: Thabi Shomolekae

City of Johannesburg mayor Kabelo Gwamanda announced on Thursday that the City intends to add an additional 50 MW of power to its grid by bringing online the Durban Street Substation, in the next... 


A beverage can factory
Absa PMI rises to 54 in April on the back of improved business activity
2nd May 2024 By: Creamer Media Reporter

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved to 54 in April, following a dip to 49.2 – below the neutral 50-point mark – in March, on the back of improved business... 


Patrice Motsepe
Motsepe-backed GoSolr plans $537m South Africa expansion
2nd May 2024 By: Bloomberg

GoSolr, a company backed by South African billionaire Patrice Motsepe and the continent’s biggest bank, plans to spend R10 billion to roll out a model of renting solar panels and batteries to homes... 


Sacci, Sakeliga pay tribute to Dr Sam Motsuenyane
30th April 2024 By: Schalk Burger

Business organisation the South African Chamber of Commerce and Industry (Sacci) has noted with sadness the passing of Dr Sam Motsuenyane, who “was a business leader par excellence”. "Motsuenyane... 


Joburg has 312 informal settlements where illegal connections pose an electrocution risk
City Power seeks funding, manufacturing partners for informal settlement ‘energy box’
30th April 2024 By: Terence Creamer

Johannesburg’s City Power is seeking manufacturing and venture capital partners to further develop and pilot a rugged ‘energy box’ concept in one of the city’s 312 informal settlements as a... 


Mapungubwe Institute for Strategic Reflection executive director Joel Netshitenzhe
SA can climb towards 4% growth in coming years, if constraints are addressed
30th April 2024 By: Sashnee Moodley

Mapungubwe Institute for Strategic Reflection executive director Joel Netshitenzhe delivered the keynote address at the Black Business Summit on Monday, where he was optimistic of South Africa... 


Nedlac urges employers to allow workers to vote on May 29
Nedlac urges employers to allow workers to vote on May 29
30th April 2024 By: Thabi Shomolekae

The leadership of organised business, labour, community and government at the National Development and Labour Council has urged all employers to support and allow their employees vote in the... 


Eskom warns political parties against placing posters on electrical structures
Eskom warns political parties against placing posters on electrical structures
29th April 2024 By: Thabi Shomolekae

Ahead of the upcoming May 29 elections, State-owned power utility Eskom has cautioned all political parties against the “dangerous practice” of placing election posters on electrical structures.... 


Mineral Resources and Energy Minister Gwede Mantashe
Draft Gas Master Plan released amid supply ‘cliff’ warnings
29th April 2024 By: Terence Creamer

South Africa’s much-delayed draft Gas Master Plan (GMP2024) has been released for public comment by Mineral Resources and Energy Minister Gwede Mantashe, amid indications that the gap between... 


Business Leadership South Africa CEO Busi Mavuso
Mavuso encouraged by restored business, govt relations following turbulent Zuma reign
29th April 2024 By: Marleny Arnoldi

Ahead of South Africa’s national elections on May 29, Business Leadership South Africa CEO Busi Mavuso says regardless of changes to government, the facts of what businesses need to thrive do not... 


DCT Pier 2
Transnet aims to defend its decision to partner with ICTSI at the DCT
29th April 2024 By: Darren Parker

State-owned Transnet has defended its decision to select Phillipines-based International Container Terminal Services Inc (ICTSI) as the preferred bidder for the establishment of a partnership to... 


Transnet freight train
Transnet volumes, revenue up, but falls short of recovery targets
26th April 2024 By: Darren Parker

State-owned Transnet has reported a 1.5% year-on-year improvement in the total rail volumes reaching 151.7-million tonnes at the end of March 2024, showcasing improvement in operational... 


Eskom chairperson Dr Mteto Nyati
Eskom says generation recovery plan gathering momentum
26th April 2024 By: Marleny Arnoldi

During a State of the System address hosted on Friday, Eskom confirmed its generation recovery plan (GRP) is making tangible progress, with various coal-fired power station units having been... 


Eskom group CEO Dan Marokane
Eskom anticipates limited winter loadshedding amid generation improvements
26th April 2024 By: Marleny Arnoldi

Newly appointed Eskom group CEO Dan Marokane has provided assurances that loadshedding during the upcoming winter months will likely be contained at Stage 2, thanks to improvements in generation... 


Magazine cover image
Can South Africa turn around 30 years of real economy underperformance?
26th April 2024 By: Terence Creamer

In this essay, Terence Creamer reflects on the factors that have shaped South Africa’s real-economy sectors of manufacturing, mining and agriculture over the past 30 years and considers ways to end... 


Typical Engen garage
Tribunal approves Vitol’s buyout of Engen
25th April 2024 By: Darren Parker

The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and... 


Panellists who participated in the webinar are (from left) Mining Equipment Manufacturers of South Africa CEO Lehlohonolo Molloyi, Multotec CEO Thomas Holtz, Simera Trace technical director Kevin O'Neill, Epiroc digital solutions buisness line manager Vikesh Chiba and South African Capital Equipment Export Council CEO Eric Bruggeman.
Creativity, innovation keep South Africa’s mining tech manufacturing industry competitive
25th April 2024 By: Darren Parker

An admirable degree of creativity exists within the South African mining technology and equipment manufacturing sector, giving manufacturers the necessary flexibility to weather the significant... 


Workers unstalling solar panels
South Africa aims to set up three JET-aligned skills development zones
24th April 2024 By: Terence Creamer

Three Just Energy Transition (JET) skills development zones focusing on renewables and grids, electric vehicles and green hydrogen value chains are proposed for implementation under the larger JET... 


A Zimbabwe flag
Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024 By: Schalk Burger

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


PepsiCo Bašumi Trust wins awards at employee share ownership conference
24th April 2024 By: Lisete Bigala

Beverage multinational PepsiCo South Africa's employee share ownership programme Bašumi Trust has received the best governance policies and the most innovative funding model awards at the... 


AfDB president Akinwumi Adesina
Debt transparency needed as opaque resource-backed loans hinder African development – Adesina
24th April 2024 By: Schalk Burger

African countries will pay $74-billion in debt service payments this year, which is a sharp increase from $17-billion in 2010, and the continent's economic potential is being undermined by... 


World Bank
South Africa advised by World Bank on climate insurance, contingency fund options
24th April 2024 By: Bloomberg

The World Bank is advising South Africa’s National Treasury on a climate risk strategy after floods in recent years caused billions of dollars of damage. The country may take out climate insurance... 


Trade, Industry and Competition Minister Ebrahim Patel
Successes, learnings on employee share ownership plans marked
23rd April 2024 By: Tasneem Bulbulia

Employee share ownership plans (ESOPs) or worker share ownership programmes have enjoyed several successes in South Africa, especially gaining traction in the past five years, and this needs to... 


IEA expects another record year for EVs in 2024, but sales remain concentrated
IEA expects another record year for EVs in 2024, but sales remain concentrated
23rd April 2024 By: Terence Creamer

The International Energy Agency (IEA) expects electric vehicle (EV) sales to rise to a record 17-million in 2024, representing more than one in every five passenger cars sold, but with sales likely... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa describes IPP surpluses as low-hanging fruit amid delay in finding contractual solution
22nd April 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa describes surplus electricity arising from existing renewable energy facilities as “low hanging fruit” in improving the supply-demand balance and reports... 


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Sector News

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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...

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Lion Alcolmeter® 700
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

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Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

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