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Institute warns of looming change in standards
Published: 12 Apr 24
As the unit standards of the current National Qualifications Framework (NQF) expired in June 2023, with the last enrolment of learners in June 2024, professional body Institute for Work at Height (IWH) continues its efforts to maintain some form of standardisation in the sector. As a result of its persistence, the Quality Council for Trades and Occupations (QCTO) will allow for regulatory skills, such as those for the work at height industry, to be registered on the QCTO’s database, says IWH CEO Dr Alti Kriel.
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Toyota adds Hilux, Fortuner hybrids to its local production line-up
Published: 12 Apr 24
Toyota South Africa Motors (TSAM) has added the Hilux double-cab and Fortuner 48 V mild hybrids to its local production line-up at its Durban plant, in KwaZulu-Natal. The addition of the new models brings Toyota’s local hybrid production tally to three, adding to the existing Corolla Cross hybrid assembly.
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Toyota, Ford and VW shine in AutoTrader report
Published: 12 Apr 24
In 2023, Toyota took top position as South Africa’s most sold used-car brand, with 60 296 units changing hands, while the Ford Ranger reigned supreme as the country's most sold model, at 20 156 units. This is according to the 2023 AutoTrader Car Industry Report, released this week.
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Emerging mohair farmers boosted by new Eastern Cape support programme
Published: 11 Apr 24
A new initiative, the Mohair Industry Support Programme (MISP), was launched in the Eastern Cape province on Thursday. MISP is a result of the signing of a three-year memorandum of understanding (MoU) between the Eastern Cape Development Corporation (ECDC) and the Mohair Empowerment Trust (MET). The MET is itself an initiative of Mohair South Africa. MISP’s first programme is to inject R1.4-million into four black-owned emerging angora goat farming operations in the Somerset East region of the Sarah Baartman district municipality. Mohair is the name given to the hair clipped (shorn) off Angora goats, and it is desired by global leading fashion brands, interior designers, craft specialists, industrial fibre specialists and the tourism industry.
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South Africa's science, innovation dept launches circular minerals, metals initiative
Published: 11 Apr 24
South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative circular economy initiatives focusing on priority economic sectors that were identified by government in the science, technology and innovation (STI) 2022 to 2032 decadal plan. The first of the three initiatives, the South African Circular Minerals and Metals Initiative (SACMMI), was launched in Pretoria, on April 11. The other two, the South African Circular Agricultural Initiative (SACAI) and the South African Circular Manufacturing Initiative (SACMI), will follow.
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Contract negotiations for Secunda sustainable aviation fuel project may be concluded by mid-2024
Published: 11 Apr 24
Contractual negotiations are under way between the developers of the HySHiFT sustainable aviation fuel (SAF) project, in Mpumalanga, and the intermediary company set up under Germany’s H2Global scheme, known as Hintco, which enters into long-term purchase contracts for clean hydrogen and derivatives such as ammonia, methanol, and SAF. Speaking at Resources for Africa’s 2024 Hydrogen Discussion in Johannesburg Enertrag business case development manager Jonathan Metcalfe reported that the project, which is being developed by Sasol, Linde, Enertrag and Hydregen, had been selected as a preferred bidder and that the negotiations for a ten-year offtake deal could be concluded by mid-2024.
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Uber launches service for 13- to 17-year-olds in South Africa
Published: 11 Apr 24
Digital mobility services company Uber has launched Uber Teen accounts in South Africa, which will enable youths aged 13 to 17 to hail rides, while their trips can be monitored and tracked with a suite of safety and security systems, Uber sub-Saharan Africa GM Kagiso Khaole announced on April 11. The solution is linked to parents and guardians' Uber profiles and enables guardians to monitor every stage of the trip. All of Uber's safety and security solutions are employed, including automated audio recording, trip tracking, location-based security response and artificial intelligence systems that monitor for deviations from routes and lengthy stops.
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Minerals Council outlines mining’s ‘immense’ positive social impact
Published: 11 Apr 24
Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on socioeconomic development in one financial year. The mining industry has long been known to deliver benefits for families, communities and the economy, the council states.
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South African rates seen on hold all year amid inflation worry
Published: 11 Apr 24
South Africa’s central bank won’t cut interest rates this year because of persistent inflation and there’s even a risk it could raise them, bets in financial futures markets show. The shift, which followed a hotter-than-expected reading on US consumer prices for March, now indicates investors pricing in a slight prospect the South African Reserve Bank will increase rates at its meeting next month. The repricing on Thursday was in response to a sharp change in sentiment on how quickly and by how much the Federal Reserve will start cutting rates, after US consumer inflation failed to slow as expected. That’s prompted traders to erase bets on monetary policy easing in South Africa. Forward-rate agreements used to speculate on borrowing costs show traders are now pricing in an about 20% chance of a quarter-point interest rate hike at the central bank’s May 30 meeting. That compares with no change expectations at the start of the month.
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Koruson 2, South Africa
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Saldanha green hydrogen project, South Africa
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Amun green hydrogen project, Morocco
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Mining giant Vale has exceeded its target of reaching 100% renewable energy consumption in its Brazilian operations, accomplishing this milestone...
