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Wind, solar and battery
DMRE again delays bidding deadlines for procurement of new renewables and battery storage
31st May 2024 By: Terence Creamer

The Department of Mineral Resources and Energy (DMRE) has confirmed another extension to the bid submission deadlines for the current renewables procurement round, as well as the second battery storage bidding round. The deadline for Bid Window... 


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Students should use AI to interrogate knowledge, not just answer questions, IT experts advise
Students should use AI to interrogate knowledge, not just answer questions, IT experts advise
31st May 2024 By: Schalk Burger

AI-based systems can provide personalised learning experiences, as well as identify students' strengths and weaknesses and adjust teaching to better facilitate and accelerate learning, IT industry... 


UKZN student support services manager Dr Saloschini Pillay
UKZN using automated solution to monitor, support students' academic and holistic wellness
31st May 2024 By: Schalk Burger

The University of KwaZulu-Natal (UKZN) has piloted an automated student academic and holistic wellness solution among 9 000 students in the College of Health Sciences and aims to roll the solution... 


Air passenger demand continues to grow strongly, reports IATA
31st May 2024 By: Rebecca Campbell

Global air passenger demand continued to increase in April, in year-on-year (y-o-y) terms, the International Air Transport Association (IATA) has reported. (IATA was the representative body for the... 


Electricity, logistics reforms in the spotlight as coalition govt looms
Electricity, logistics reforms in the spotlight as coalition govt looms
31st May 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the coalition scenarios facing South Africa as the election results are being tallied and what this could mean for the reforms under way in... 


Solar power panels at South Deep gold mine.
ESG intrinsic to long-term mining success, Gold Fields AGM hears
31st May 2024 By: Martin Creamer

Managing environmental, social, and governance (ESG) aspects is intrinsic to the long-term success of mining, Gold Fields chairperson Yunus Suleman highlighted at this week’s annual general meeting... 


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Hydrogen symbol
Nel spin-off company Cavendish Hydrogen applies for listing in Norway
31st May 2024 By: Marleny Arnoldi

Cavendish Hydrogen, which is being spun out of Norwegian fuel cell company Nel’s fuelling division, has applied for its shares to be listed on the Oslo Stock Exchange. The spin-off and listing... 


Inside the IEC's election ROC
Hope and angst grip South African markets as coalition era dawns
31st May 2024 By: Bloomberg

Election results from South Africa have left investors swinging between anxiety over the different permuations that coalition may take and lingering hopes that whatever it is will result in a... 


Nigeria secures $500m World Bank loan for electricity sector
31st May 2024 By: Reuters

Nigeria has secured a $500-million World Bank loan for its electricity sector to boost power distribution, after last month's hike in tariffs for top consumers in Africa's most populous nation. The... 


Magazine round up | 31 May 2024
Magazine round up | 31 May 2024
31st May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


Reserve Bank Governor Lesetja Kganyago
SARB holds rates in shadow of election
30th May 2024 By: Bloomberg

The South African Reserve Bank (SARB) left borrowing costs unchanged, delivering the widely expected verdict one day after the nation held pivotal elections. The monetary policy committee kept its... 


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Santam acquires home services marketplace Kandua
30th May 2024 By: Tasneem Bulbulia

Short-term insurer Santam has acquired Kandua, an online marketplace company for home services. Kandua will merge with Santam’s existing home service offering, Home+, forming a wholly owned,... 


Trade & Industrial Policy Strategies senior economist Gaylor Montmasson-Clair
Supply-side support will be required if South Africa aims to join green industrialisation race
30th May 2024 By: Terence Creamer

Stable demand remains a prerequisite if South Africa has any prospect of stimulating industrialisation in the renewable-energy and battery storage value chains, Trade & Industrial Policy Strategies... 


Natref refinery
Commission grants approval for England-based Prax to acquire Natref
30th May 2024 By: Marleny Arnoldi

The Competition Commission has conditionally approved a proposed transaction between Prax South Africa and the National Petroleum Refiners of South Africa (Natref), whereby the former intends to... 


Sibanye-Stillwater secures fourth power purchase agreement.
Sibanye clinches yet another renewable energy purchase agreement
30th May 2024 By: Martin Creamer

Johannesburg- and New York-listed Sibanye-Stillwater has concluded its fourth renewable energy power purchase agreement (PPA). The green metals and gold producer has reached financial close for an... 


Agricultural activity
ARC stresses need for farmers’ access to finance, insurance in light of growing climate risk
30th May 2024 By: Marleny Arnoldi

With the agriculture sector’s 33-million smallholder farmers contributing 70% of Africa’s food supply, it is pertinent that more innovative financing mechanisms are created as the continent... 


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Magazine

Magazine round up | 31 May 2024
Magazine round up | 31 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

GOLDEN AGE: The gold price is extremely sensitive to global developments and to newsflow, and the strong upward momentum in the price of the precious metal during 2024 has been underpinned by geopolitical uncertainty. This month, gold surged to an all-time dollar high, and with persistent inflation, economic pressures and central bank interest, supportive factors appear to remain in place.
GOLDEN AGE

The gold price is extremely sensitive to global developments and to newsflow, and the strong upward momentum in the price of the precious metal during 2024 has been underpinned by geopolitical... 

Photo of Martin Creamer
Govt must give policy support to green reindustrialisation across full spectrum

In the same way that South Africa’s green electron-providing sun and wind energy required policy certainty to stimulate the quick ramp-up of bankable projects by the private sector, green molecules... 

Worth the ink?
Worth the ink?

The National Council of Provinces’ (NCOP’s) recent approval of the Electricity Regulation Amendment (ERA) Bill has far-reaching implications for the future structure and operation of an industry... 

Business Leader

Michelle Tinkhof, group commercial and imports director at C Steinweg Group
Michelle Tinkhof

This week we profile Michelle Tinkhof, group commercial and imports director at C Steinweg Group, a provider of storage, handling, forwarding, chartering and other logistics services 

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AFTER THE STORM

The election storm, which has just past, carried with it developments that were at times entertaining, at times revealing and at times downright disconcerting. Now that it has passed, attention... 

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Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

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SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

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