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Genuine progress, not electioneering, behind the easing of loadshedding, council says
Published: 09 May 24
The current loadshedding reprieve is not a result of excessive diesel burning to pacify voters but rather a consequence of government and business coming together to made headway in solving South Africa’s electricity crisis, Energy Council of South Africa (ECSA) CEO James Mackay has said. Sceptical South Africans have been speculating that the weeks-long halt in loadshedding was a ploy by the ruling party to obtain more votes ahead of the May 20 national elections.
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New clean cooking equipment factory opened in Paarl
Published: 09 May 24
Clean and renewable energy solutions company Ener-G-Africa (EGA) on Thursday officially opened its new biomass stove and cookware manufacturing facility, in the Western Cape province town of Paarl. The factory will produce two different types of stoves, and two different ranges of cooking pots. “Our factory is a stainless steel factory, using only South African manufactured stainless steel, which is world-class,” highlights EGA business development manager Dave Lello. “We have equipped it with the latest technology machines, including a fibre laser cutter, a range of presses, bending machines, and polishing machines, among others.”
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BMW 7 Series clinches 2024 Car of the Year title
Published: 09 May 24
The luxurious BMW 7 Series has been awarded the 2024 South African Car of the Year (COTY) title. In a competition run by the South African Guild of Mobility Journalists (SAGMJ), the the Suzuki Fronx secured second place, with the BMW M2 claiming the bronze medal.
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BMW 7 Series clinches 2024 Car of the Year title
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Hope fades for 44 trapped in collapsed South Africa building
Published: 09 May 24
Relatives of 44 construction workers trapped under a collapsed building in the South African city of George faced a fourth day of anguished waiting on Thursday as heavy machinery worked at the site in a race against time to find any survivors. Of 81 people who were on site when the five-storey private residential building collapsed on Monday, eight have been confirmed dead and 29 alive, 16 of them in a critical condition, according to the latest figures from George municipality. "A number of families... (are) waiting, not knowing what has happened with their children, with their husbands, their uncles," Thulas Nxesi, South Africa's employment and labour minister, told reporters on site. Nxesi said the government would conduct its own investigation. The cause of the collapse is yet to be established. "We still hope and pray that we can get people out alive," Anton Bredell, a Western Cape provincial minister, said. The identities of the missing have not been made public, but a list of names was circulating among groups of relatives who have congregated at the site since Monday, desperate for news of their loved ones, state broadcaster SABC reported.
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Tiger Brands invests R300m in new Black Cat factory
 Published: 09 May 24
Africa’s largest food processing company, Tiger Brands, has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Krugersdorp, which marks the single-largest capital investment that Tiger Brands has undertaken in South Africa.
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April transactions index increase welcome, but investors wait and see
Published: 08 May 24
Financial infrastructure services company BankservAfrica's Economic Transactions Index (BETI) increased by 0.6% month-on-month in April to reach an index level of 134.2, which is the highest level in eight months. While loadshedding, which has remained suspended since the end of March, may have had a positive impact on economic activity in April, the upcoming elections might have also played a role, the company noted.
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Equites starts wheeling power from distribution centre to head office in Cape Town
Published: 08 May 24
Property developer Equites Property Fund has officially started wheeling renewable energy onto Cape Town’s grid from solar panels atop its newly built distribution centre in Parow.
The company is among the first to begin wheeling energy for the municipal grid, with its current offtaker being a commercial office block on the Foreshore, where Equites is headquartered.
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TPT to continue to invest in Durban Pier 2 while legal spat over private partner plays out
Published: 08 May 24
South Africa’s Transnet Port Terminals (TPT) says it will continue to invest in Durban Container Terminal (DCT) Pier 2 while legal proceedings around its selection of International Container Terminal Services (ICTSI), of the Philippines, for a 25-year partnership at what is South Africa’s largest container terminal. Rival bidder AP Moller–Maersk, of Denmark, is contesting Transnet selection of ICTSI, which was made in July last year, calling the award unlawful and invalid.
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Airlink adopting IATA’s New Distribution Capability
Published: 08 May 24
South African regional and domestic airline Airlink has announced that it is to implement the New Distribution Capability (NDC) for its transactions with the travel trade, with effect from July 31 this year. NDC was launched by the International Air Transport Association (IATA) and is a data exchange format, using Offer and Order management processes to enable airlines to create and distribute relevant offers to customers, irrespective of the distribution channel. NDC is supported by the travel industry. It replaces the around 40-year-old Electronic Data Interchange for Administration, Commerce and Transport protocol.
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Akkuyu nuclear power plant project, Türkiye – update
Published: 10 May 24
AMSA renewable-energy project, South Africa – update
Published: 10 May 24
Bankan gold project, Guinea – update
Published: 10 May 24
A standard skidding operation evolved into an opportunity for heavy lifting solutions provider Mammoet to showcase its ability to reduce the carbon...
Conditions still challenging, but contractors report noticeable uptick – MBA North
Published: 10 May 24
Last year was one of the most challenging years the Master Builders Association (MBA) North has ever experienced, with many of its long-standing...
