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Queensland Premier says nuclear will cost jobs
Published: 14 May 24
Queensland Premier Steven Miles has strongly opposed the Liberal Party’s proposition to introduce nuclear reactors in the northern regions of the state, asserting that such a move is “recipe for a cost-of-living meltdown”.
“Nuclear is the most expensive option,” Miles said in a joint statement with Energy and Clean Economy Jobs Minister Mick de Brenni.
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Peru zinc miner Volcan to avoid debt haircut, new owner says
Published: 14 May 24
Volcan Cia Minera plans to make a series of debt payments through August and to refinance later obligations without imposing losses, said the head of its new controlling shareholder, dismissing speculation over a default or restructuring at the Peruvian zinc miner.
“Absolutely, categorically no haircut is necessary,” said Jose Luis Manzano, the head of Integra Capital. “It’s just changing the maturities and that’s it. The future cash flow doesn’t justify a haircut.”
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Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
 Published: 13 May 24
Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the Green Hydrogen Roundtable on Monday. “We have an opportunity for South Africa to completely reindustrialise, to start building up our industrial base that we have lost over the last ten to 15 years,” was Peo's inviting message at the event addressed by the Chemical Industries Education & Training Authority (CHIETA) CEO Yershen Pillay, as well as by Higher Education and Training Department deputy director-general Zukile Mvalo. (Also watch attached Creamer Media video.)
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EWSETA, partners to advance women in electrical, renewable energy fields in Limpopo
Published: 13 May 24
The Energy and Water Sector Education and Training Authority (EWSETA), the US Agency for International Development (USAID) – in support of Power Africa, a US government-led partnership – and the United Nations Development Programme (UNDP) South Africa, launched Phase 2 of the Just Energy Transition (JET) Technical Training for Women in Electrical and Renewable Energy Programme, in Limpopo, on May 10. Women electricians and artisans in Limpopo will receive specialised technical training at seven technical and vocational education and training (TVET) colleges in the province.
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UJ becomes Project Management Institute’s first academic partner
Published: 13 May 24
The Project Management Institute (PMI) has announced the addition of the University of Johannesburg (UJ) to its list of authorised training partners (ATP). With this, UJ becomes PMI’s first academic ATP in South Africa to offer PMI Construction Professional (PMI-CP) certification training.
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Weekend’s geomagnetic storm was the strongest to hit South Africa in over 20 years
Published: 13 May 24
The solar storm which hit Earth on Friday and Saturday was the most severe to affect South and Southern Africa in 21 years, the South African National Space Agency (SANSA) has reported. The SANSA Space Weather Centre, located at the SANSA Space Science facility in Hermanus, in the Western Cape, issued a G5 geomagnetic storm warning, as well as several G4 warnings, over the period of the event. G5 is the highest rating on the international scale, and signals an extreme storm. It was the first ...
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Calgro M3 issues maiden dividend, posts robust results
Published: 13 May 24
Residential-focused property developer Calgro M3 has issued a maiden dividend of 9.49c a share after posting a record gross profit margin of 27.25% for the financial year ended February 29, and profit after tax increased to R196.8-million, up from R186.29-million in the preceding financial year. The company also published a dividend policy that will see it pay yearly dividends to a minimum of 5% of headline earnings a share. The total dividend payable is R10.86-million for the financial year under review.
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Poultry association calls for vaccination to prevent H7N6 avian influenza outbreak
Published: 13 May 24
The South African poultry industry is calling for immediate intervention to avert an outbreak of the H7N6 strain of highly pathogenic avian influenza (HPAI) that it is grappling with, following a year of significant losses, including the culling of 9.5-million birds. While traditionally reliant on a stamping out policy, the industry acknowledges the inefficiency of this approach against the H7N6 strain, industry organisation the South African Poultry Association (SAPA) said.
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Seifsa, Numsa conclude three-year metals, engineering sector wage agreement
Published: 13 May 24
After three formal engagements, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) and trade union the National Union of Metalworkers of South Africa (Numsa) have concluded the terms of a three-year wage agreement for the metals and engineering sector. The agreement is for the period from July 1 to June 30, 2027.
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Death toll in George building collapse rises to 27
Published: 13 May 24
The George municipality has reported that, as at 15:00 on May 13, 25 people still remain unaccounted for following last week's building collapse. The death toll has risen to 27, while 13 people remain in hospital.
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Akkuyu nuclear power plant project, Türkiye – update
Published: 10 May 24
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Published: 10 May 24
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Published: 10 May 24
Pledges worth $2.2-billion to support clean-cooking access in Africa were made at a summit in France on Tuesday, convened by the International...
Equites reports sustained growth in rentals market
Published: 14 May 24
Real estate investment trust Equites Property Fund has reported sustained growth in its rental portfolio over the past few years and expects this...
Mining production, sales drop in March
Published: 14 May 24
Mining production decreased by 5.8% year-on-year in March, Statistics South (Stats SA) reports. The largest negative contributors were coal (-9.1%...
