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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.

An image showing aircrafts at the Air Force Mobile Deployment Wing

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.

Decarbonisation investment while paying carbon tax is impossible, says AMSA's Verster

Published: 30 Apr 24

Paying billions of rands in carbon tax while simultaneously investing in decarbonisation efforts is impossible, steel maker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has said. In South Africa, the carbon price is currently fixed at R308/t of carbon dioxide equivalent (CO2e) Scope 1 emissions by 2026 and will increase to R462/t by 2030, while tax-free emissions related to performance, trade exposure, and emission categorisation are afforded to all industry.

Clean energy critical minerals can transform sub-Saharan Africa – IMF

Published: 30 Apr 24

Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the potential to transform the region, the International Monetary Fund (IMF) states in its ‘Regional Economic Outlook’ report. The global transition to clean energy is set to further heighten demand for critical minerals. Between 2022 and 2050, demand for nickel will double, cobalt triple and lithium rise ten-fold, according to the International Energy Agency.

Sacci, Sakeliga pay tribute to Dr Sam Motsuenyane

Published: 30 Apr 24

Business organisation the South African Chamber of Commerce and Industry (Sacci) has noted with sadness the passing of Dr Sam Motsuenyane, who “was a business leader par excellence”. "Motsuenyane played a seminal and pivotal role in organised business and was the most authoritative voice in representing black business over the decades. A giant tree has indeed fallen," the organisation says.

Outa asks govt to clarify roles of Ministers in ERA Bill, minimise Nersa’s price-setting power

Published: 30 Apr 24

While the Organisation Undoing Tax Abuse (Outa) supports the broad intent of the Electricity Regulation Amendment (ERA) Bill, as it seeks to improve energy security in the country, it says more must be done to move away from regulated pricing to more market-oriented pricing with greater levels of competition and efficiency. Outa considers the ERA Bill to be extremely important legislation for putting in place the necessary legal, regulatory, planning and pricing frameworks, rules and procedures to implement government policy for a restructured electricity supply energy.

Booming Harmony ups full-year output and grades; lowers cost and capital guidance

Published: 30 Apr 24

Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South Africa, the Moab Khotsong gold mine extension and the Mine Waste Solutions development are on track, along with preparatory work being under way at Mponeng; in Australia, early works are ready to commence at the Eva copper project.

IATA calls for more research into aircraft contrail formation and effects

Published: 30 Apr 24

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has called for urgent action to deepen knowledge about the formation and climate impact of contrails formed by aircraft. Such knowledge is essential to allow the development of effective mitigation measures. Contrails are the long, thin, cloud-like streaks that trail behind aircraft flying at altitude, and are formed when water vapour in jet engine exhausts condenses and freezes ...

Two BW6 solar projects with a combined capacity of 360 MW reach commercial close

Published: 30 Apr 24

Two solar photovoltaic (PV) projects selected as preferred bids under Bid Window 6 (BW6) of the Department of Mineral Resources and Energy’s (DMRE’s) renewable energy procurement programme reached commercial close on April 30. The projects, which were part of a group of six PV projects to advance to preferred-bidder status for a 1 000 MW allocation in 2022, have a combined capacity of 360 MW and a combined investment value of R4.9-billion.

Joburg has 312 informal settlements where illegal connections pose an electrocution risk

City Power seeks funding, manufacturing partners for informal settlement ‘energy box’

Published: 30 Apr 24

Johannesburg’s City Power is seeking manufacturing and venture capital partners to further develop and pilot a rugged ‘energy box’ concept in one of the city’s 312 informal settlements as a possible greener and safer alternative to the illegal connections that currently predominate. Chief engineer for renewable energy Paul Vermeulen says the idea is to locate 3 kWh energy storage boxes – linked to lighting, charging and cooking appliances – within individual dwellings and link these to a centralised solar photovoltaic generator securely located on a nearby warehouse or factory rooftop.