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State Companies

PwC to pay Eskom R43m in legal settlement
30th January 2025 By: Sabrina Jardim

State-owned utility Eskom and consultancy PricewaterhouseCoopers (PwC) have reached a settlement in a High Court case initiated by the utility in 2021. The case was aimed at setting aside a cost... 


An image of Public Works and Infrastructure Minister Dean Macpherson
DPWI highlights recent milestones
29th January 2025 By: Tasneem Bulbulia

Public Works and Infrastructure Minister Dean Macpherson says he “remains resolute” in turning the department into the country’s economic delivery unit. Speaking at the “Build KZN Better” event in... 


Powerlines
Hikes alone won’t guarantee Eskom’s viability, warns AGSA as it releases alarming audit findings
29th January 2025 By: Terence Creamer

On the eve of the highly-anticipated announcement of Eskom’s tariffs for the coming three years, the Auditor-General South Africa (AGSA) has warned that tariff increases will fail to improve the... 


An image showing OR Tambo International Airport inside
ACSA lauds peak season performance, but challenges remain
29th January 2025 By: Tasneem Bulbulia

Airports Company South Africa (ACSA) has reported a successful peak festive travel period from December 1, 2024, to January 16, this year, with a 91% recovery to pre-pandemic levels and a 4%... 


Trade, Industry and Competition Minister Parks Tau and SABS logo with the words
Independent probe into allegations of corruption, mismanagement at SABS to be launched
28th January 2025 By: Darren Parker

Amid persistent allegations of corruption and mismanagement at the South African Bureau of Standards (SABS), the Department of Trade, Industry and Competition (dtic) has finally announced the... 


Electricity lightbulb
Faith-based eco-justice organisation calls for reforms to SA’s electricity pricing
28th January 2025 By: Sashnee Moodley

As Eskom seeks approval from the National Energy Regulator of South Africa for a 36% electricity tariff increase, faith-based eco-justice organisation, the Southern African Faith Communities’... 


Power lines in a field
Opinion: The Electricity Regulation Amendment Act and South Africa's new era of electricity market transformation
27th January 2025

In this article, Webber Wentzel partner Jason van der Poel and associates Emma Bleeker and Kiera Bracher write that the coming into effect of the Electricity Regulation Amendment Act is to be... 


Locomotives used by Transnet Freight Rail
ANC wants National Treasury to rescue Transnet
27th January 2025 By: Bloomberg

South Africa’s biggest political party will ask the National Treasury to consider a one-off debt-relief package for state-owned rail and ports operator Transnet before next month’s budget. Transnet... 


Powerlines
Eskom says delaying update to tariff structure will entrench incorrect price signals
24th January 2025 By: Terence Creamer

Eskom has appealed to the National Energy Regulator of South Africa (Nersa) not to again postpone the implementation of a new retail tariff plan (RTP), warning that any delay would further entrench... 


Transnet's Central Corridor rail line
South African coal, metal exporters to spend billions fixing rail
24th January 2025 By: Bloomberg

South African coal and iron-ore exporters aim to sign agreements with state-owned logistics company Transnet next month that could pave the way for them to spend billions of rand to help fix... 


Seifsa president Elias Monage
SOEs remain a vital driver of industrialisation despite recent failures – Seifsa
22nd January 2025 By: Marleny Arnoldi

Despite State-owned enterprises (SOEs) having come under great scrutiny in the last decade, they still have a critical industrialisation role to play. “Demand from SOEs still presents a massive... 


Summit expected to be watershed moment for development finance in Africa
20th January 2025 By: Darren Parker

South Africa is set to host the Finance in Common Summit (FiCS) in February, marking a transformative milestone in the continent’s development finance narrative. This historic occasion coincides... 


Eskom is moving to introduce solar PV at its coal stations sites, including at the decommissioned Komati site (pictured)
Eskom appoints renewables executive as it targets initial 2 GW by 2026
17th January 2025 By: Terence Creamer

Eskom has appointed Exxaro’s Rivoningo Mnisi as its new group executive for renewables in line with the coal-dominant utility’s stated goal of becoming a “significant player” in the renewable... 


Photo of Terence Creamer
Can the Network Statement facilitate entry of new private train operators?
17th January 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the Transnet Rail Infrastructure Manager's (TRIM's) release of the much-anticipated Network Statement and whether it will be enough to facilitate... 


Sasol logo
Sasol fire heightens South Africa’s dependence on fuel imports
14th January 2025 By: Bloomberg

A fire that shut Sasol’s Natref oil refinery leaves South Africa with only one crude-processing plant running, highlighting a growing reliance on fuel imports. The January 4 blaze at the facility —... 


MIPA chairperson Warwick Lord
Inland port body dubs publication of Network Statement as ‘transformative moment’
14th January 2025 By: Terence Creamer

The Multi-Modal Inland Port Association (MIPA), which represents six inland ports in South Africa and one in Namibia, has added its voice to a growing chorus of support for the newly released rail... 


Transnet Rail Infrastructure Manager interim CE Moshe Motlohi
Transnet Rail Infrastructure Manager gears up to allocate first rail slots to private operators
10th January 2025 By: Terence Creamer

South Africa’s recently established Transnet Rail Infrastructure Manager (TRIM) is gearing up for the allocation of the first route slots to private train operating companies (TOCs) in line with... 


AfriForum urges stronger action on illegal border crossings amid Mozambique crisis
7th January 2025 By: Tasneem Bulbulia

Civil rights group AfriForum has called on the Border Management Authority (BMA) and law enforcement agencies to strengthen efforts to combat illegal border crossings from Mozambique into South... 


Eskom Chairperson Mteto Nyati
Municipal debt piles pressure on Eskom’s restructuring efforts
7th January 2025 By: Bloomberg

Billions of rand that South African municipalities owe Eskom are hindering the State-owned power utility’s plan to restructure and separate its distribution unit, according to chairperson Mteto... 


An image of the Nersa logo
Nersa to announce decision on Eskom MYPD6 by month-end
6th January 2025 By: Tasneem Bulbulia

The National Energy Regulator of South Africa (Nersa) has said that its evaluation of  State-owned utility Eskom’s sixth multi-year price determination (MYPD6) revenue application is in progress,... 


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).... 


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