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The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) rose to 57.1 points in January from 54.1 points in December, remaining above the 50-point mark that separates expansion from...
During recent hearings into its R293-billion allowable revenue application for 2022/23, Eskom dramatically lowered the energy availability factor assumptions for its coal fleet from 72% to 62%....
The world’s largest hydropower company, China Three Gorges Corporation, is adding wind and solar capacity under plans to diversify its business as the era of mega-dam projects fades, Bloomberg has...
Chile's mining sector is preparing for what could be some significant changes that could include tighter environmental rules and higher taxes. Newly elected President Gabriel Boric (35) supports...
While South Africa has not yet broadened booster shots beyond healthcare workers and certain categories of immunocompromised individuals, vaccine booster shots are likely to become an important...
As the fourth Covid wave approaches, Pfizer and BioNTech have applied to have their coronavirus vaccine approved by the South African Health Regulatory Products Authority for use as a booster. The...
Three civil society groups have taken the South African government to court over its plan to build 1 500 MW of new coal capacity in line with the Integrated Resource Plan of 2019. In September,...
Royal Bafokeng Holdings accepted an unsolicited offer this month from Northam Platinum for up to a third of Royal Bafokeng Platinum (RBPlat) in a R17-billion transaction. RBPlat’s mines – one of...
British naturalist Sir David Attenborough has emerged as the voice of conscience – and hope – as humanity hurtles towards a self-induced climate crisis, with existential consequences. Delivering an...
HEAT, DUST & POWER CUTS: As the late and great Johnny Clegg and Savuka sang in their song titled ‘In My African Dream’, which features on the ‘Heat, Dust & Dreams’ album: ‘Something stole the...
The failure of rich countries to honour their $100-billion-a-year climate-finance commitments is likely to be a key theme as world leaders converge on Glasgow, Scotland, for the COP26 climate...
Earlier this month, the Austrian Space Forum set up a simulated Martian base together with the Israel Space Agency at Makhtesh Ramon, a 500-m deep, 40-km wide crater, in Israel’s Negev desert....
The World Trade Organisation (WTO) has raised its projections for global trade growth in 2021 and 2022 to 10.8% and 4.7%, respectively, citing the resurgence of economic activity in the first half...
Bloomberg reports that a coalition of financial firms overseeing a combined $29.3-trillion of assets, is calling on some of the world’s biggest corporate emitters to urgently set science-based...
Gas prices have soared in recent months as economies reopen from Covid-19 lockdowns and high demand for liquefied natural gas in Asia pushed down supplies to Europe. Energy companies in the UK have...
China's first C919 narrow-body jet to be delivered to launch customer China Eastern Airlines is about to enter final assembly, China's aviation regulator said earlier this month, with delivery due...
The evidence continues to mount in favour of the effectiveness of the vaccines being used in South Africa. While most people have received the Pfizer-BioNTech vaccine, which was the first to...
Eskom chairperson Professor Malegapuru Makgoba, CEO Andre de Ruyter and CFO Calib Cassim were all masked up in line with Covid-19 health protocols when delivering the electricity utility’s results...
The National Treasury estimates that the economic damage from the July riots could shave off between 0.7 and 0.9 of a percentage point from this year's growth figure. “We are concerned about the...
On August 16, Zambian President Edgar Lungu conceded defeat after a landslide election win by opposition leader Hakainde Hichilema, 59, pictured here casting his ballot in Lusaka on August 12. The...
As South Africa continues to count the cost of deadly looting that destroyed lives, livelihoods, as well as public and commercial infrastructure, the world paused earlier this month to reflect on...
South Africa’s State-owned utility Eskom has, for some time, been working on a so-called Just Energy Transaction to help the company and the country navigate away from its coal dependence, while...
A cyberattack rocked operations at container terminals operated by Transnet Port Terminals, causing fresh backlogs that had also developed during recent civil unrest and looting in KwaZulu-Natal...
The Kyalami Grand Prix Circuit and International Convention Centre, in Gauteng, has secured an Energy Performance Certificate (EPC) with a commendable B rating, where A represents the highest...
Protests that were initially sparked by opposition to the jailing of former President Jacob Zuma, but then morphed into a deadly looting spree by criminals and desperate opportunists alike, once...
The eThekwini Municipality, in KwaZulu-Natal, is readying itself for the procurement of 400 MW of electricity, primarily in the form of renewable energy. Various other cities, including Cape Town...
To mark its centenary, celebrated virtually on June 30, the South African Reserve Bank issued a commemorative circulation R5 coin. The coin reflects the historical journey of the currency issued by...
TSX-listed Lucara Diamond Corporation announced the recovery, in June, of a 1 174.76-carat diamond from its Karowe diamond mine, in Botswana. The diamond is the third 1 000-plus-carat stone...
Trade, Industry and Competition Minister Ebrahim Patel’s signature heads the list of steel industry stakeholders who, earlier this month, signed ‘The South African Steel and Metal Fabrication...
Johannesburg, which along with the rest of the country is being afflicted by regular power cuts, plans to seek at least R3.8-billion in investment in alternative electricity supply. Bloomberg...
United Nations secretary-general Antonio Guterres has again called on countries to stop investing in coal, telling participants to a recent International Finance Forum, in Beijing, China, that this...
Nigeria’s central bank has moved towards a single exchange-rate system, having maintained a multiple rate for several years to avoid an outright devaluation of the naira. Late last month, the...
VKB Agriculture loads a Transnet Freight Rail grain wagon at its Bethlehem silo rail siding, in the Free State, at the launch of the 2021 grain export season on May 17. As part of its endeavours to...
The most disturbing aspect of the recent deadly clashes between Palestinians and Israelis was not only the hardening of attitudes, but also the absence of any real plan for resolving a conflict...
The horrific scenes from India’s recent second Covid-19 wave have been held up as a warning to South Africa, where there is ongoing concern about prospects for a third wave. As with South Africa’s...
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