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State Companies

An Eskom power station and transmission infrastructure
Eskom risk premium falls as turnaround wins over bond investors
20th December 2024 By: Bloomberg

Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield investors demand to take on the risk of holding the... 


SABS logo with the word
SABS denies allegations of corruption, mismanagement
13th December 2024 By: Darren Parker

The South African Bureau of Standards (SABS) has denied a series of allegations of longstanding and ongoing corruption and mismanagement. In an open letter sent to Trade, Industry and Competition... 


ACSA CEO Mpumi Mpofu
OR Tambo's new fuel bypass line to be implemented by February; ACSA's recovery ongoing
12th December 2024 By: Schalk Burger

State-owned airports management agency the Airports Company South Africa (ACSA) CEO Mpumi Mpofu told media on December 12 that the fuel bypass line at the OR Tambo International Airport (ORTIA) is... 


Midas substation repairs still under way, but essential load to mines restored
12th December 2024 By: Tasneem Bulbulia

A 500 MVA transformer at the Midas substation, in Gauteng, tripped in the evening of December 11, disrupting electricity supply to about 15 mines in the Carletonville, Fochville and Potchefstroom... 


Global Auxiliary of Companies (Global Aux) CEO Mika’il Ali Kote (centre) with the Coega Development Corporation delegation at the Coega Business Centre in Gqeberha
Coega SEZ hosts Global Aux CEO in effort to advance co-development plans
12th December 2024 By: Darren Parker

The Coega Development Corporation (CDC) recently hosted Global Auxiliary of Companies (Global Aux) CEO Mika’il Ali Kote to the Coega special economic zone (SEZ) in the Eastern Cape. Global Aux is a... 


Cranes at a Transnet operated port
Court blocks ICTSI bid to appeal South Africa port-deal ruling
12th December 2024 By: Bloomberg

A South African court denied a bid by International Container Terminal Services Inc (ICTSI) to appeal a decision that temporarily stops the nation’s state-owned logistics firm from going ahead with... 


hackers in the dark
Financial crime investigators can now subpoena digital bank records
11th December 2024 By: Darren Parker

The South African Banking Risk Information Centre (Sabric), the Directorate for Priority Crime Investigation (Hawks) and the Banking Association South Africa (Basa) have launched the Section 205... 


The Duvha power station
Eskom reiterates commitment to safeguarding infrastructure
11th December 2024 By: Schalk Burger

State-owned power utility Eskom has welcomed the separate sentencing of two individuals for theft of cables near the Duvha power station, in Mpumalanga, and said it was committed to safeguarding... 


An image of the Gautrain
BCC-led consortium bids for Gautrain Concession project
10th December 2024 By: Tasneem Bulbulia

The Jubane Consortium, led by the Bombela Concession Company (BCC), operator of the Gautrain since its inception, is bidding to “revolutionise” Gauteng’s transport system. Drawing on global... 


Eskom Generation GM Eric Shunmagum
Eskom provides update on coal plants where decommissioning has been delayed to 2030
10th December 2024 By: Terence Creamer

State-owned electricity utility Eskom has provided some additional detail regarding the decision to continue operating 17 coal units across five power stations beyond their original decommissioning... 


renewable energy and city at night
Renewables covering area the size of Europe needed for clean energy future, report shows
10th December 2024 By: Darren Parker

A newly released report by technology and lifecycle solutions provider Wärtsilä shows that an area the size of Europe will need to be covered with renewable power to reach a clean energy future... 


Airport employee preparing to refuel an aircraft
ACSA apologises for latest fuel failure at OR Tambo International, but airlines want action
10th December 2024 By: Rebecca Campbell

The Airports Company South Africa (ACSA) has reported that the aircraft refuelling system at OR Tambo International Airport, the country’s number one airport, located east of Johannesburg, has been... 


BLSA CEO Busi Mavuso
Fixing logistics, water sectors still long way off in South Africa - BLSA
9th December 2024 By: Schalk Burger

While South Africa is starting to see the fruits of energy sector reforms, it still has a long way to go to fix the water, and transport and logistics sectors despite recent progress, says business... 


Transnet's logo
AfDB disburses first tranche of $1bn loan to Transnet for recovery
9th December 2024 By: Schalk Burger

Development finance institution (DFI) the African Development Bank (AfDB) has released the first tranche of four of its $1-billion loan to State-owned Transnet as part of a financing arrangement to... 


An image showing the MoA signing between the NEF and the B-BBBEE Commission
NEF, BBBEE Commission sign MoA to strengthen economic transformation
9th December 2024 By: Tasneem Bulbulia

The National Empowerment Fund (NEF) and the Broad-Based Black Economic Empowerment (BBBEE) Commission have formalised a partnership with the signing of a memorandum of agreement (MoA) at the NEF’s... 


Eskom, NTCSA brief lawmakers
Eskom, NTCSA brief lawmakers
6th December 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the key themes that emerged during a briefing by Eskom and the National Transmission Company South Africa to lawmakers this week. The briefing... 


McKinsey & Company
McKinsey to pay SA R1.1bn for its role in State capture
6th December 2024 By: Thabi Shomolekae

The National Prosecuting Authority announced that it has successfully concluded dispute resolution with McKinsey South Africa, in which McKinsey will pay about R1.1-billion into South Africa's... 


New IDC CEO Mmakgoshi Lekhethe
Senior National Treasury official Lekhethe appointed to lead IDC
6th December 2024 By: Terence Creamer

Cabinet has approved the appointment of Mmakgoshi Lekhethe, a senior official from the National Treasury, as the first woman CEO of the State-owned Industrial Development Corporation (IDC).... 


Transnet locomotives
Robust debate unveils complexities of resetting South Africa's logistics system
6th December 2024 By: Schalk Burger

Private- and public-sector representatives have, this week, emphasised that there are potential solutions to South Africa's logistics problems and bottlenecks, that funding is limited and that... 


Eskom Group CEO Dan Marokane
Eskom outlines ‘aspirational’ generation vision in meeting with lawmakers
4th December 2024 By: Terence Creamer

Eskom Group CEO Dan Marokane has outlined an “aspirational” and largely unfunded new generation project pipeline to progressively replace its aged and polluting coal fleet. Having previously... 


Coal power station
High Court says State can’t order new coal plants
4th December 2024 By: Bloomberg

South Africa’s High Court upheld a legal challenge to the government’s plan to procure 1 500 megawatts of new coal-fired power, ruling that it was unlawful because of the potential impact on public... 


Powerline construction
NTCSA still mulling private participation in grid roll-out but confirms deployment ‘step change’ needed
4th December 2024 By: Terence Creamer

The National Transmission Company South Africa (NTCSA) has told lawmakers that a “step change” will be needed in the delivery of new grid infrastructure if 14 500 km of new powerlines and 133 000... 


Eskom appoints group executive for strategic delivery
3rd December 2024 By: Creamer Media Reporter

Power utility Eskom has appointed Alfred Seema as group executive for strategic delivery. He joins the utility from Sasol, where he most recently held the role of VP for gas sourcing and business... 


SABS logo with the word
Major SABS cyberattack raises questions about entity’s leadership
3rd December 2024 By: Darren Parker

The South African Bureau of Standards (SABS) has suffered a major ransomware cyber-attack, resulting in critical IT systems going down, Engineering News has learned. This is not the first time the... 


Dr Beyers Naude local municipality progresses electricity programme
3rd December 2024 By: Tasneem Bulbulia

Dr Beyers Naude local municipality (DBNLM) in the Eastern Cape has, to date, achieved all of the goals of the municipality’s electricity programme. This was noted during a visit by Electricity and... 


BLSA CEO Busi Mavuso
Auditor-General says culture of accountability must be built in public sector – Mavuso
2nd December 2024 By: Schalk Burger

In Auditor-General (AG) Tsakani Maluleke's report on the performance of national government entities and an assessment of the underlying performance of the public sector released during the final... 


Africa poised for transition-based investment opportunities
29th November 2024

Africa’s energy transition presents one of the most significant investment opportunities globally as the continent strives to improve electricity access while prioritising decarbonisation.... 


Komati power station smoke stacks
Eskom, Indian power utility sign knowledge exchange MoU
28th November 2024 By: Darren Parker

Indian power generation company NTPC has signed a memorandum of understanding (MoU) with South African State-owned utility Eskom to exchange knowledge and collaborate on research and development... 


An SAA banner
Turnaround at South African Airways has banks keen to lend
28th November 2024 By: Bloomberg

South Africa’s State airline is being approached by banks keen to discuss lending the carrier money, aided by a turnaround in the company’s finances, interim Chief Executive Officer John Lamola... 


United Heavy Lift Fresh berthed at the Durban Container Terminal with crowd of workers in front
Durban Container Terminal receives first shipment of new rubber-tyred gantry crane components
26th November 2024 By: Darren Parker

The motor vessel United Heavy Lift Fresh berthed at the Durban Container Terminal (DCT) Pier 1 last week to deliver the first nine of 16 Liebherr rubber-tyred gantry crane (RTG) component batches.... 


TNPA commemorates seventieth year of a signature lighthouse on KZN coast
25th November 2024 By: Marleny Arnoldi

Transnet National Ports Authority (TNPA) on November 25 celebrated the seventieth anniversary of the Umhlanga Rocks lighthouse, with the State-owned entity first having lit up the structure on... 


An image showing articulated skips at MW Terminal
Articulated skip trial improving efficiencies at Maydon Wharf Terminal
22nd November 2024 By: Tasneem Bulbulia

A trial to use articulated skips instead of traditional skips in the chrome loading operation at the Maydon Wharf Terminal, in KwaZulu-Natal, has set an efficiency record of more than 50%,... 


NTCSA interim CEO Segomoco Scheppers
NTCSA says independent transmission projects must not reflect as balance-sheet liability
21st November 2024 By: Terence Creamer

The head of the National Transmission Company South Africa (NTCSA) has confirmed that the entity’s board will insist that any independent transmission projects (ITPs) procured in the coming years... 


An image showing the Gautrain Operational Control Room
Bombela Operating Company highlights operational, sustainability strides
18th November 2024 By: Tasneem Bulbulia

The Bombela Operating Company (BOC) has highlighted its works in ensuring an effective, efficient and safe Gautrain operation, while also pursuing sustainability at a broader level, as it aims to... 


An image showing environmental law
NECER report highlights progress in tackling environmental crime
18th November 2024 By: Tasneem Bulbulia

Forestry, Fisheries and the Environment Deputy Minister Narend Singh has launched the 2023/24 National Environmental Compliance and Enforcement Report (NECER), which highlights improvements in... 


freight train at railway crossing
Level crossing incidents not only cost lives but also the economy, TFR CEO says
14th November 2024 By: Darren Parker

Railway safety incidents, such as pedestrian and vehicle collisions at level crossings, are not only tragic but are severely undermining South Africa’s rail recovery plans, Transnet Freight Rail... 


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Magazine round up | 13 December 2024
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