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City of Cape Town CFO Kevin Jacoby, Finance MMC Siseko Mbandezi, Mayor Geordin Hill-Lewis and city manager Lungelo Mbandazayo Cape Town tables R76.4bn budget; infrastructure spending at R12.1bn
Published: 28 Mar 24
Cape Town Mayor Geordin Hill-Lewis has tabled a R76.4-billion draft budget for the city for the 2024/25 financial year. The budget proposes record infrastructure investment of R12.1-billion for the year, and nearly R40-billion over the next three years.
NWU partners with IAEA to boost nutrition in Africa
Published: 28 Mar 24
South Africa’s North-West University (NWU) has become the lead host institution for Anglophone African countries in a pan-African initiative launched by the International Atomic Energy Agency (IAEA), intended to build capacity across the continent for scientific research into micronutrients. Micronutrients, such as iron, zinc and vitamin A, are essential for human health, and particularly important for children and pregnant women. (Morocco is the lead host country for the programme for ...
Sasscal Executive Director Dr Jane Olwoch More green hydrogen insight on way as Southern African scientists head to Germany Has Video
Published: 28 Mar 24
Twelve scientists from Southern African Development Community (SADC) countries will head to Germany in May, where they will have an opportunity to obtain more in-depth insight into green hydrogen amid the region’s unveiling of important green hydrogen projects, pilot plant initiatives and the awarding of a large number of green hydrogen scholarships. Highlighting this week during the Sasscal-organised two-day Green Hydrogen Symposium in Namibia was Sasscal executive director Dr Jane Olwoch, who emphasised to Engineering News & Mining Weekly in a Zoom interview that “the countries of Southern Africa should first and foremost take note of the region’s advantages of participating in the green hydrogen economy.” (Also watch attached Creamer Media video.)
Minister in The Presidency Khumbudzo Ntshavheni Release of Gas Master Plan approved at Cabinet’s last official meeting ahead of May poll
Published: 28 Mar 24
Cabinet approved the publication of the long-awaited Gas Master Plan for public comment during what was the last formal meeting of the executive ahead of the May 29 election. However, Minister in The Presidency Khumbudzo Ntshavheni indicated that special Cabinet meetings could still be convened should the need arise. The master plan, Ntshavheni said, was supportive of government’s commitment to diversifying the country’s energy mix away from coal-fired power plants.
Jubilee CEO Leon Coetzer Jubilee, Abu Dhabi company to form JV for Zambia waste rock project
Published: 28 Mar 24
Abu Dhabi's International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for the implementation of a copper waste rock project in Zambia, as well as to progress with the upgrade of Jubilee’s Roan copper facility together with the continued expansion of its chrome operations. The waste rock project scope targets the processing of in excess of 260-million tonnes of copper-containing surface material. The project is aimed at initially implementing four modular processing plants with a combined processing capacity of 2.4-million tonnes a year, capable of producing more than 20 000 t/y of copper in concentrates, starting in the second quarter.
Indaba produces biodiversity economy action plan to address sector challenges
Published: 28 Mar 24
The Biodiversity Economy and Investment Indaba, held this week, resulted in the development of a programme of action to address the challenges in the biodiversity sector as part of the National Biodiversity Economy Strategy (NBES). Key interventions identified include sourcing financial support, gaining access to land for biodiversity projects, sourcing human capital development and scientific support, research and securing market access for products.
Treasury publishes call for proposals to test alternative infrastructure funding models
Published: 28 Mar 24
National Treasury has published a call for proposals for consideration by the Budget Facility for Infrastructure (BFI), and intends to use this BFI Window to develop a pipeline of projects and programmes to test alternative financing and funding models. The primary purpose of this BFI Special Window is to close funding gaps and provide viability gap funding for projects and programmes that will leverage private sector financing and technical assistance, it says.
South African food inflation continues to decelerate
Published: 28 Mar 24
South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to just as food inflation, for short) decelerated for the third month in succession, in February, the Bureau for Food and Agricultural Production (BFAP) think tank has highlighted, in its latest ‘Food Inflation Brief’ report. In year-on-year terms, food inflation in February was 6.1%, a full 1.1 percentage points below the January rate of 7.2%. In November, food inflation had been running at 9%. However, consumer price index (CPI) headline inflation in February increased to 5.6%, continuing an upward trend that started in December, when the figure had been 5.1%. Food inflation contributed 1.1 percentage points to CPI headline inflation. In month-on-month terms, food inflation in February ran at zero percent. Month-on-month CPI headline inflation was 1%, to which food inflation contributed zero percentage points.
Rail, ports reforms gaining traction Rail, ports reforms gaining traction Has Video
Published: 28 Mar 24
Engineering News editor Terence Creamer discusses the key reforms being pursued across the rail and ports sectors; the recent publication of a rail network statement and the subsequent concerns raised; and Transnet's owns recovery plan.
Experts who participated in Creamer Media's webinar on water Experts propose private solutions to better capacitate municipalities for effective water management Has Video
Published: 28 Mar 24
As South Africa starts to experience more extreme weather events, such as floods, droughts and high-energy storms, the sustainability of public water systems becomes crucial; however, municipal mismanagement or lack of maintenance is posing a major risk, a panel of experts agreed in a webinar hosted by Creamer Media on March 27. With the Blue Drop audit report finding that more than two-thirds of water treatment plants are close to failure, almost half of all treated water is lost through leaks and that only 26 of the country’s 958 water supply systems currently meet the Blue Drop certification level for high-quality water, solutions for climate resilient "water prosperity" becomes crucial.
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