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Baker Hughes builds first Namibian mud plant as exploration surges
Published: 02 May 24
Energy technology company Baker Hughes will construct a new liquid mud plant, and a separate assembly, maintenance and repair base at Namibia's Walvis Bay to cater to booming offshore exploration activities, a senior executive said. The project will help Namibia cope with an influx of drill rigs and support vessels that threatens to overwhelm its only two commercial ports, Walvis Bay and the smaller Luderitz, as they battle congestion and inadequate facilities.
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Motsepe-backed GoSolr plans $537m South Africa expansion
Published: 02 May 24
GoSolr, a company backed by South African billionaire Patrice Motsepe and the continent’s biggest bank, plans to spend R10 billion to roll out a model of renting solar panels and batteries to homes in the nation plagued by blackouts. The two-and-a-half-year-old company seeks to install about 500 megawatts of solar-generation capacity in four years. That’s up from its current 70 megawatts, said Andrew Middleton, GoSolr’s chief executive officer. It has attracted investment and financing from Motsepe’s African Rainbow Capital Investments and Standard Bank Group. The company, which say it’s the biggest of its kind in South Africa, is one of a number capitalising on the power cuts and surging electricity prices that have afflicted the country since 2008. The amount of rooftop solar in South Africa more than doubled to 5 440 megawatts in March from the year earlier. About 620 megawatts of that was on residential properties, according to data compiled by the Johannesburg-based company.
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Scientists explore how to improve crop yields – on Mars
Published: 02 May 24
For future human bases or colonies on Mars to be self-sustaining, a reliable source of home-grown food will be a must. It simply would be too costly and risky to rely upon rocket deliveries to meet the food needs of colonists. With this in mind, scientists are exploring ways to optimize space farming. In a controlled greenhouse at Wageningen University & Research in the Netherlands, researchers have now identified a way that shows promise for improving crop yields in simulated Martian soil, with different crops grown together in a method called "intercropping" pioneered by ancient Maya farmers.
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Interwaste launches leachate and effluent treatment plant
 Published: 02 May 24
Local waste management company Interwaste – a Séché Environnement Group company – has launched its R100-million leachate and effluent treatment plant in Delmas, Mpumalanga. The company describes the plant as a “first of its kind in South Africa,” noting that it marks a step forward in environmental stewardship and resource recovery. Sabrina Jardim tells us more.
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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.
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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.
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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.
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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.
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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.
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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.
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ACSA infrastructure investment plan, South Africa
Published: 03 May 24
Bankenveld District City development, South Africa
Published: 03 May 24
BESIPPPP – Bid Window 3, South Africa
Published: 03 May 24
As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers:...
West Wits to raise A$1.4m
Published: 03 May 24
To strengthen its balance sheet and fund its ongoing operations, ASX-listed West Wits Mining has secured firm commitments from unrelated existing...
Tirupati offers to meet with shareholders who sought the removal of three directors
Published: 03 May 24
Specialist graphite producer Tirupati Graphite says its directors have offered to meet with shareholders who have requested a general meeting be...
