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Eskom's tariff increases from April 1 Eskom to implement Nersa-approved electricity price increase from April 1
Published: 28 Mar 24
Power utility Eskom has confirmed that it will implement electricity price increases, as approved by the National Energy Regulator of South Africa (Nersa), from April 1. The utility in October 2023 applied to Nersa for the approval of its Retail Tariff and Structural Adjustment Application and the schedule of tariffs for the period from April 1, 2024, to March 31, 2025.
Hummingbird warns of delay in achieving commercial production at Kouroussa
Published: 28 Mar 24
Aim-listed Hummingbird Resources has informed shareholders that commercial production at its Kouroussa gold mine, in Guinea, will be delayed beyond the targeted first quarter of this year owing to reduced mining activity. In the meantime, the supporting mining contractor continues to operate, with the processing plant processing this ore, together with stockpiled material.
An image of Human Settlements Minister Mmamoloko Kubayi Human Settlements Minister outlines progress for 2023/24 year
Published: 28 Mar 24
The government has made progress on its Medium-Term Strategic Framework targets and, as it wraps up this administration, believes these numbers will continue to increase, Human Settlements Minister Mmamoloko Kubayi said at the 2023/24 yearly media briefing on March 28. She noted that the department had been able to achieve the following against its targets: 75.8% of Breaking New Ground (BNG) houses built against its target; 75.4% of serviced sites against its target; 92.6% of its target to rezone its acquired land; 47.2% of communal residential units; 73.8% of rental units in priority developmental areas delivered; and 104.3% of integrated projects achieved.
Bell posts 66% rise in full-year profit
Published: 28 Mar 24
JSE-listed heavy machinery manufacturer Bell Equipment has posted a 66% increase in profit for the year ended December 31, 2023, to R793-million. Following unprecedented global demand for equipment in most markets, the company generated basic earnings per share (EPS) of 799c, which is a 67% increase on the prior year’s EPS of 47c.
Astronomers find 49 new gas-rich galaxies in 3 hours using MeerKAT radio telescope
Published: 28 Mar 24
A team of international astronomers have discovered 49 new gas-rich galaxies using the MeerKAT radio telescope in South Africa from observations under three hours long. The research was aimed at studying the star-forming gas in a single radio galaxy and was led by International Centre for Radio Astronomy Research (ICRAR) Curtin University node researcher Dr Marcin Glowacki.
15 climate projects selected for Phase 3 of Climate Finance Accelerator South Africa
Published: 28 Mar 24
Fifteen climate projects from across the country have been selected to take part in the third phase of the UK-funded low-carbon projects initiative Climate Finance Accelerator (CFA) South Africa. From 173 applications, the chosen projects come from the energy, transportation, agriculture, forestry and other land uses, circular economy and water sectors.
Dr Steve Chingwaru PhD research uncovers invisible gold resource
Published: 28 Mar 24
Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the value of R450-billion “hiding in plain sight” in mine dumps around Johannesburg.
New haulers in use at the Durban Container Terminal Durban Container Terminal receives ten haulers before citrus season start
Published: 28 Mar 24
The Durban Container Terminal (DCT) has received the first ten of 45 fully-assembled haulers ahead of the start of South Africa’s citrus season next month. Haulers move containers from the stack to the ship-to-shore crane in a vessel loading operation, and from the ship-to-shore crane to the stack in a vessel offloading operation. The arrival of the equipment enables better use of straddle carriers and enhances the terminal’s use of its fleet, thus contributing to improved efficiency.
Renergen's Virgina plant Renergen’s helium plant integration nearly complete
Published: 28 Mar 24
Gas producer Renergen is approaching the final stages of its helium system integration, which will mark a significant step forward in its operations, making South Africa one of only eight countries to produce liquid helium. In a quarterly update issued on March 28, the company said the original-equipment manufacturer (OEM) supplier arrived on site in late February to complete the last phase of commissioning for the plant. Renergen said progress was satisfactory, with no significant issues detected.
Safda recognised as sugar industry member under gazetted regulations
Published: 28 Mar 24
Industry organisation the South African Farmers Development Association (Safda) has been recognised as a member of the sugar industry after the Sugar Act transitional regulations governing the South African sugar industry were made permanent following their publishing in a Government Gazette. The transitional regulations were introduced in 2018 and extended in 2020 to expire on March 31, 2024.
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