https://newsletter.en.creamermedia.com

Receive our free daily newsletter:

Macro & Micro

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... 


Reserve Bank Governor Lesetja Kganyago
Kganyago says South Africa’s inflation target should be lower
24th October 2024 By: Bloomberg

South African Reserve Bank Governor Lesetja Kganyago said the nation’s inflation target was overdue for review and it should be adjusted lower. “South Africa’s inflation target is out of sync with... 


Discovery Green head Andre Nepgen
Carbon taxes to add further upward pressure on electricity costs, Discovery Green warns
24th October 2024 By: Terence Creamer

South Africa’s disproportionate reliance on coal for electricity generation is poised to add further upward pressure on tariffs by exposing local businesses to carbon taxes that could make up over... 


Mitochondria's fuel cell technology
Local supply chain challenges pose significant threat to localised manufacturing
24th October 2024 By: Darren Parker

If hydrogen technology developer Mitochondria Energy CEO Mashudu Ramano had known beforehand how difficult it would be to find local suppliers for hydrogen fuel cell and electrolyser parts, he... 


A chicken processing operation
Poultry industry again seeking to have VAT on certain chicken products abolished
24th October 2024 By: Rebecca Campbell

The South African Poultry Association (SAPA) announced on Thursday that it would submit an application that certain chicken products be zero-rated in terms of value added tax (VAT) – that is, that... 


Speakers who participated in the October 23 transport webinar
Experts weigh in on increasingly decentralised freight logistics model
24th October 2024 By: Marleny Arnoldi

As government and the private sector work to accelerate reforms and improve efficiencies in the logistics sector, experts from a range of spheres have emphasised the importance of targeted... 


Wind projects feature in list of Nersa registrations during Q3 of 2024
Surge in Q3 renewables registrations to 2GW may signal market shift from loadshedding to economics
23rd October 2024 By: Terence Creamer

Despite welcome relief from loadshedding in South Africa, a total of 3.3 GW of renewable-energy projects were registered with the National Energy Regulator of South Africa (Nersa) this year, with... 


BRICS leaders tout joint finance, trade projects at Russian summit
23rd October 2024 By: Reuters

Leaders of the nations in the BRICS grouping, which accounts for 37% of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects... 


Peter Huxham and Frik Potgieter
Families welcome South African Parliament's call for two engineers to be released from Equatorial Guinea prison
23rd October 2024 By: Creamer Media Reporter

The families of Frik Potgieter and Peter Huxham, the two South African engineers who have been illegally imprisoned in Equatorial Guinea since February 9, 2023, say they are "deeply grateful" to... 


Rand
South African inflation drops sharply, paving way for more rate cuts
23rd October 2024 By: Reuters

South Africa's inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest rate cut by the central bank next month.... 


Rand Currency
South Africa inflation seen edging below 4% fuels rate cut bets
23rd October 2024 By: Bloomberg

South Africa’s inflation rate is expected to fall below 4% for the first time in more than three years in September, sealing the case for borrowing costs to be lowered again next month. The median... 


Toyota Wessels Institute for Manufacturing Studies’ Professor Justin Barnes
‘Deep collaboration’ through regional value chains could unlock rapid African industrialisation
22nd October 2024 By: Terence Creamer

There is potential to catalyse rapid industrialisation in Africa by pursuing policies that  actively leverage both existing demand and continental moves towards trade integration to increase the... 


A farming operation
Sidestepping industrialisation to move straight to services is hurting the economy, Cilliers says
22nd October 2024 By: Darren Parker

Skipping industrialisation and transitioning directly to the services sector is one of the key reasons for Africa’s lacklustre economic growth, Institute for Security Studies founder and former... 


1 2 3 4
5
6 7 8 9

Sector News

Showroom

Klüber Lubrication
Klüber Lubrication

Klüber Lubrication ensures that the world’s essential systems—drive units, machines, and water flow—operate efficiently, sustainably, and reliably...

VISIT SHOWROOM 
Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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

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: 0.481s - ct: 0.704s - 414pq - 2rq
Subscribe Now