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IATA reports continued strong air cargo growth in March
Published: 02 May 24
The International Air Transport Association (IATA) has reported that March was the fourth month in a row in which global air cargo demand grew by double digits, in year-on-year (y-o-y) terms. IATA was the global representative body for the airline (including air cargo) industry. “Air cargo demand grew by 10.3% over the previous March,” highlighted IATA director-general Willie Walsh. “This contributed to a strong first quarter performance which slightly exceeded even the exceptionally strong 2021 first quarter performance during the Covid crisis. With global cross-border trade and industrial production continuing to show a moderate upward trend, 2024 is shaping up to be a solid year for air cargo.”
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Absa PMI rises to 54 in April on the back of improved business activity
Published: 02 May 24
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved to 54 in April, following a dip to 49.2 – below the neutral 50-point mark – in March, on the back of improved business activity, while better domestic demand filtered through to higher new sales orders. A full month of no loadshedding was likely positive for sustained business activity, says Absa, adding that, in all, the survey results reflect a good start to the second quarter of this year.
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Opinion: Pollution in the Vaal Triangle – progress, but more must be done
Published: 02 May 24
In this article, ArcelorMittal South Africa (AMSA) CEO Kobus Verster writes that industry across the Vaal Triangle, together with responsible corporate citizens in the steel industry, must constantly improve their overall environmental performance above and beyond air quality indicators.
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Rossouw to step down as Sasol CFO in October
Published: 02 May 24
Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31.
Sasol has started the process to appoint a successor.
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Baker Hughes builds first Namibian mud plant as exploration surges
Published: 02 May 24
Energy technology company Baker Hughes will construct a new liquid mud plant, and a separate assembly, maintenance and repair base at Namibia's Walvis Bay to cater to booming offshore exploration activities, a senior executive said. The project will help Namibia cope with an influx of drill rigs and support vessels that threatens to overwhelm its only two commercial ports, Walvis Bay and the smaller Luderitz, as they battle congestion and inadequate facilities.
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Motsepe-backed GoSolr plans $537m South Africa expansion
Published: 02 May 24
GoSolr, a company backed by South African billionaire Patrice Motsepe and the continent’s biggest bank, plans to spend R10 billion to roll out a model of renting solar panels and batteries to homes in the nation plagued by blackouts. The two-and-a-half-year-old company seeks to install about 500 megawatts of solar-generation capacity in four years. That’s up from its current 70 megawatts, said Andrew Middleton, GoSolr’s chief executive officer. It has attracted investment and financing from Motsepe’s African Rainbow Capital Investments and Standard Bank Group. The company, which say it’s the biggest of its kind in South Africa, is one of a number capitalising on the power cuts and surging electricity prices that have afflicted the country since 2008. The amount of rooftop solar in South Africa more than doubled to 5 440 megawatts in March from the year earlier. About 620 megawatts of that was on residential properties, according to data compiled by the Johannesburg-based company.
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Scientists explore how to improve crop yields – on Mars
Published: 02 May 24
For future human bases or colonies on Mars to be self-sustaining, a reliable source of home-grown food will be a must. It simply would be too costly and risky to rely upon rocket deliveries to meet the food needs of colonists. With this in mind, scientists are exploring ways to optimize space farming. In a controlled greenhouse at Wageningen University & Research in the Netherlands, researchers have now identified a way that shows promise for improving crop yields in simulated Martian soil, with different crops grown together in a method called "intercropping" pioneered by ancient Maya farmers.
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Interwaste launches leachate and effluent treatment plant
 Published: 02 May 24
Local waste management company Interwaste – a Séché Environnement Group company – has launched its R100-million leachate and effluent treatment plant in Delmas, Mpumalanga. The company describes the plant as a “first of its kind in South Africa,” noting that it marks a step forward in environmental stewardship and resource recovery. Sabrina Jardim tells us more.
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Panel highlights the urgency of climate change governance
Published: 30 Apr 24
A panel of experts recently underscored the critical importance of climate change governance for businesses and governments worldwide in a webinar hosted on April 17, 2024, by Creamer Media Webinars in collaboration with ESG Africa Conference. The session, which was moderated by ESG Africa Conference co-founder Wendy Poulton, provided insights into the evolving climate governance landscape and the challenges and opportunities it presented.
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Yearly Air Force show promises 'mini-war', aircraft displays
Published: 30 Apr 24
The South African Air Force (SAAF) Museum Annual Airshow will be held on May 4 at the Air Force Mobile Deployment Wing (AF MDW) alongside Old Johannesburg Road in Valhalla, Pretoria. With the theme “Flight Through Time – Legends of The Skies”, attendees will be able to experience aviation’s past, present and future; afforded the opportunity to witness aviation’s evolution; and interact with the aircraft, as well as pilots, aircrew and SAAF members.
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