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Crime, corruption keep South Africa’s S&P rating in check
Published: 24 May 24
S&P Global Ratings said it is closely monitoring the outcome of South Africa’s elections next week and subsequent government policies to address issues from crime to energy supply that have deterred investment. “We have seen investors being a little bit more cautious this year because of the election uncertainty,” S&P’s Zahabia Gupta said in an interview. “Post-elections, more political and policy stability could lead to increased investment activity.”
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Nersa confirms registration of 105 more generators as overall number rises to 1 415
Published: 24 May 24
The National Energy Regulator of South Africa (Nersa) reports that it registered a further 105 generation facilities during the period from January to March 2024, raising to 1 415 the number of facilities registered since the system was introduced in 2018. In a statement, Nersa said the newly registered facilities had a combined capacity of 788 MW and a total investment value of R18.4-billion, increasing the overall capacity of registered projects to 7 158 MW and the total investment value to R131-billion.
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Patel to leave Cabinet after elections
Published: 24 May 24
Trade, Industry and Competition Minister Ebrahim Patel has announced that he will conclude his service in Cabinet after next week's election.
“I wish to thank the President [Cyril Ramaphosa] and the African National Congress for the trust and confidence shown during my period in office and the leadership the President has provided to Cabinet, the country and the continent.
“I wish to thank the many people whose collaboration, generosity with their time and ideas, and deep commitment to building a democratic, fairer society has inspired me and helped us to make solid progress in promoting economic development. I am proud of what we have jointly achieved under challenging circumstances,” Patel comments.
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Eskom seeks to reserve grid capacity for publicly procured IPP projects
Published: 24 May 24
Engineering News editor Terence Creamer discusses Eskom's application to the National Energy Regulator of South Africa, seeking permission to preserve and reserve grid capacity for publicly procured IPP projects, as well as the implications should permission be granted.
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Technology emphasised as way to increase sustainable mining – Chamber
Published: 24 May 24
The Southern African - German Chamber of Commerce and Industry (SAGCC) highlights that the development of many countries in Southern Africa is linked to the mining sector. The organisation asserts that the sector has a greater role to play to support demand recovery, which has declined because of global supply chain disruptions. Amid current geopolitical developments, the trend towards environmental consciousness is gaining traction and is visible across the mining sector in Southern Africa.
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Manufacturer highlights XRT sorting technology’s impact
Published: 24 May 24
Mining sorting equipment manufacturer TOMRA Mining highlights that its XRT technology, powered by TOMRA Insight, has delivered significant results at the Mothae Diamonds operation, in Lesotho. Global diamond producer Lucapa Diamonds owns 70% of Mothae Diamonds, a mine located in the Maluti mountains of Lesotho, a region known to produce large, high-value diamonds that command the second-highest dollar per carat for kimberlite diamonds worldwide.
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Vaal Water Lettuce invasion signifies need to weed out water pollution
Published: 24 May 24
The Vaal Barrage is now home to an invasive plant species that has had significant negative economic and environmental consequences for the region, and its rapid spread will not slow down without intervention. This has left the Department of Water and Sanitation (DWS), Rand Water and local communities, besides others, scrambling to get the species under control and mitigate the damage it is causing.
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Cape Town adds new tech layer in fight against crime
Published: 24 May 24
Very early on in his term, Cape Town mayor Geordin Hill-Lewis was told by law enforcement agencies that there could never be enough boots on the ground to fully combat violent crime and the drug trade in the city. What these agencies needed was for the local authority “to go all in” on technology, adding a new layer every time it becomes more widely available and increasingly affordable.
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Environmental research underscores firm’s regional efforts
Published: 24 May 24
Engineering and mining advisory group DMT Kai Batla asserts the need for a continued focus on promoting environmental consciousness, and extensive research and development within its operations. The multinational’s Africa business is run from Johannesburg and assists companies in the Southern Africa region, as well as on the rest of the continent, with drilling and exploration projects to assess target areas for critical resource minerals.
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