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State Companies

Transmission lines
Graham-Maré assures govt is evaluating independent transmission infrastructure provider model
18th September 2024 By: Marleny Arnoldi

While South Africa has seen the installation of more than 590 MW of rooftop solar power in the year-to-date, which adds to other renewable-energy installations, the question remains whether... 


South African National Petroleum Company CEO Godfrey Moagi
New State-owned petroleum company granted permission to begin operating
18th September 2024 By: Terence Creamer

A new State-owned enterprise arising from a merger of three Central Energy Fund (CEF) subsidiaries – iGas, the Strategic Fuel Fund (SFF) and those divisions of PetroSA currently considered... 


Transnet, SAPS sign MoU to combat logistics network theft and vandalism
16th September 2024 By: Schalk Burger

State-owned Transnet and the South African Police Service (SAPS) have signed a memorandum of understanding (MoU) to strengthen collaborative efforts between them in the fight against theft and... 


Democratic Alliance trade, industry and competition spokesperson Toby Chance
DA calls on Tau to investigate alleged corrupt activities at the SABS
13th September 2024 By: Marleny Arnoldi

Democratic Alliance (DA) trade, industry and competition spokesperson Toby Chance has called on the Department of Trade, Industry and Competition (dtic) to urgently investigate “serious... 


Pravin Gordhan
Pravin Gordhan dies at 75
13th September 2024 By: Bloomberg

Pravin Gordhan, who held three positions in South Africa’s cabinet and won plaudits for standing up to Jacob Zuma during his scandal-marred presidency, has died. He was 75. Gordhan died in hospital... 


An image of power lines
Emfuleni municipality’s bank accounts attached for Eskom to recover R8bn debt
12th September 2024 By: Tasneem Bulbulia

Power utility Eskom says the Sheriff of the Court has successfully attached the Emfuleni municipality’s four bank accounts for Eskom to recover about R8-billion in arrear debt, ensuring that the... 


railway iine
Not enough chrome shipments to fill Maputo corridor capacity, TFR says
12th September 2024 By: Darren Parker

The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials... 


TFR locomotives
Transnet breaches loan terms again as debt weighs on investment
11th September 2024 By: Bloomberg

Transnet breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s constraining investments needed to resurrect its ailing... 


An image of BLSA CEO Busi Mavuso
Improving Transnet’s performance key to bolstering economic growth – BLSA
9th September 2024 By: Tasneem Bulbulia

Recent statistics have underscored how crucial it is to fix State-owned enterprise (SOE) Transnet, with second-quarter GDP growth of 0.4% still insufficient to achieve the necessary progress in the... 


Pilot possibly a template for textiles recycling
Pilot possibly a template for textiles recycling
6th September 2024 By: Halima Frost

The successful completion of a clothing, textile, footwear and leather (CTFL) waste disposal pilot project, managed by national support programme National Cleaner Production Centre South Africa... 


TFR locomotives
Private train operators could access Transnet's rail network by April 2025, says business development exec
5th September 2024 By: Schalk Burger

State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open... 


The Koeberg nuclear power station
Eskom says it may apply for second Koeberg extension
4th September 2024 By: Terence Creamer

Eskom has confirmed that it is likely to apply for a licence to operate the Koeberg nuclear power station, in the Western Cape, beyond the 20-year envelope that it has secured for Unit 1 and is... 


Cable theft
South Africa rail, power revamp hinges on ending cable theft
4th September 2024 By: Bloomberg

The recovery of South Africa’s two biggest State-owned companies — beset by years of corruption and theft — relies on one common component: protecting thousands of miles of cables from theft and... 


DBSA approves $200m for Lobito Corridor Railway project
3rd September 2024 By: Tasneem Bulbulia

Development finance institution the Development Bank of Southern Africa (DBSA) has, alongside the US International Development Finance Corporation (DFC), approved funding of up to $200-million... 


Transnet CEO Michelle Phillips delivering Transnet's 2024 results
Phillips confirms 193Mt ‘stretch target’ for rail amid criticism that recovery plan lacks ambition
2nd September 2024 By: Terence Creamer

Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set... 


Panel ponders considerations, challenges of adapting personal income tax, fiscal system
30th August 2024 By: Tasneem Bulbulia

While progressive reforms have been made to South Africa’s personal income tax (PIT) system since the advent of democracy, the potential to bolster this further with the aim of increasing revenue... 


Responsibilities for SOEs moved to their respective Ministries
Responsibilities for SOEs moved to their respective Ministries
30th August 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the implications of moving that State-owned enterprises that previously fell under the Department of Public Enterprises to new departments. 


Eskom CEO Dan Marokane
Marokane says ‘holistic’ conversation needed on tariff rules and other regulatory gaps
30th August 2024 By: Terence Creamer

Eskom CEO Dan Marokane says the State-owned company is eager to participate in a “holistic conversation” about the gap that has emerged between the changes under way in the electricity sector and... 


Interim IDC CEO David Jarvis
IDC optimistic of industrial investment recovery following fall in disbursements to R15.9bn
29th August 2024 By: Terence Creamer

South Africa’s Industrial Development Corporation (IDC) is optimistic of converting the rise in business confidence that has accompanied the recent easing in loadshedding and visible efforts to... 


transnet train
Transnet rolling out novel outcomes-based security approach to protect its infrastructure
28th August 2024 By: Darren Parker

State-owned Transnet is implementing a novel outcomes-based security (OBS) approach to combat the high levels of theft and vandalism on its rail network, chief security officer Ashwin Govind has... 


Port of Nqura laoding container on truck
TPT recovery on track but can be better, CE says
28th August 2024 By: Darren Parker

State-owned Transnet Port Terminals (TPT) CE Jabu Mdaki has expressed satisfaction with the company's progress in meeting its Phase 1 recovery plan targets, while also acknowledging the need for... 


A railway line in KwaZulu-Natal that had to be repaired following a 2021 flood
TFR managing less than half of its maintenance investment requirements
28th August 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements.... 


Iron-ore produced by Kumba being transported by rail
Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle
28th August 2024 By: Darren Parker

Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated... 


Eskom CEO Dan Marokane
Eskom holds back from declaring end to loadshedding pending return of delayed units
26th August 2024 By: Terence Creamer

Eskom has refrained from officially declaring an end to loadshedding despite having operated for more than 150 days without implementing rotational cuts; a period that coincided with the... 


An image of President Cyril Ramaphosa
Ramaphosa assigns responsibilities for several SOEs to their respective Ministries
26th August 2024 By: Tasneem Bulbulia

President Cyril Ramaphosa has assigned shareholder responsibility for each of the State-owned enterprises (SOEs) that previously fell under the Department of Public Enterprises (DPE) to the... 


Briton must face South African Eskom bribery charges, court says
23rd August 2024 By: Bloomberg

A British national wanted in South Africa over allegations of bribes paid in a deal struck with state-owned power utility Eskom Holdings lost a bid to block his extradition. A London judge... 


handcuffs
Rail infrastructure thieves receive lengthy prison sentences
22nd August 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) has welcomed the conviction and sentencing of four people arrested in connection with the theft and damage of essential Transnet infrastructure that... 


Committee to call on Lamola, Dirco to provide feedback on efforts to help free two engineers imprisoned in Equatorial Guinea
21st August 2024 By: Tasneem Bulbulia

The families of Frik Potgieter and Peter Huxham, two South African engineers who have been imprisoned in Equatorial Guinea for 558 days, this week attended a session of Parliament to appeal to the... 


Workers on powerlines
NTCSA appoints 19 overhead-transmission line contractors to three supplier panels
20th August 2024 By: Terence Creamer

The National Transmission Company South Africa (NTCSA) has appointed 19 overhead-transmission line contractors to three separate supplier panels as it moves to position itself for a R32-billion... 


Transport Minister Barbara Creecy
S Africa moving to finalise framework for private sector participation in rail and ports
20th August 2024 By: Bloomberg

South Africa plans to complete a framework for private companies to use State-owned port and rail infrastructure within six months, Transport Minister Barbara Creecy said, a move that could help... 


President Cyril Ramaphosa at the Zondo Commission hearings in 2021
BLSA calls for the justice dept to immediately provide all Zondo Commission evidence to NPA
19th August 2024 By: Schalk Burger

Business organisation Business Leadership South Africa (BLSA) has called for the Department of Justice (DoJ) and the Minister of Justice and Constitutional Development to provide full and complete... 


haulers
Cape Town Container Terminal brings its total hauler fleet up to 47
16th August 2024 By: Darren Parker

The Cape Town Container Terminal has completed the recruitment of hauler drivers in time for the arrival of 32 new haulers early this month – bringing the total of the terminal’s new fleet to 47... 


Nersa clarifies it has not yet received Eskom’s final revenue application
16th August 2024 By: Sabrina Jardim

In response to media reports regarding State-owned utility Eskom's revenue application for the 2025/26 financial year, the National Energy Regulator of South Africa (Nersa) says, while Eskom has... 


Among attendees at the TNPA tug Ccristening ceremony were (from left) TNPA chairperson Tshokolo Nchocho,;Transnet CEO Michelle Phillips; KwaZulu-Natal Premier Arthur Thamsanqa Ntuli; Transnet chairperson Andile Sangqu; Transnet COO Lekau Letsaolo; eThekwini municipality economic development, tourism and environment affairs chairperson Thembubuhle Ntuli; TNPA acting CE Phyllis Difeto; and Damen Shipyards Cape Town director Sefale Montsi
Five new tugboats to be added to Durban port operations this week – TNPA
16th August 2024 By: Schalk Burger

State-owned Transnet National Ports Authority (TNPA) has added five new tugboats that are aimed at improving shipping efficiencies at the Port of Durban, as part of its R1-billion investment... 


Necom's focus, Transnet's recovery and the future of Operation Vulindlela make headlines
Necom's focus, Transnet's recovery and the future of Operation Vulindlela make headlines
16th August 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses some of the key outcomes of the first meeting between Cabinet member and business leaders since the formation of the Government of National Unity.   


Transnet freight train
Transnet’s recovery plan lacks the ambition needed for higher growth, government and business warn
15th August 2024 By: Terence Creamer

Government and business are urging Transnet to show greater ambition in its plans to recover freight volumes, describing the current recovery plan as falling well short of what is required to... 


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