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Technology increasingly being used to improve control, accuracy in logistics value chains
Published: 23 May 24
The freight and transport logistics sectors are seeing ever greater use of technologies in warehouses, as well for stock-picking, consignment loading and delivery checks, among other applications, as the sectors work to automate a range of processes and improve the accuracy of those processes. New capabilities were being created using existing systems that were integrated with new machine learning (ML), image recognition and AI solutions to deliver new insights, capabilities and controls, logistics risk management company Professional Risk and Asset Management group operations director Gerhard van Zyl said.
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Women having an impact in the energy sector, including Eskom, but a lot needs to be done
Published: 23 May 24
All four Eskom coal-fired power stations that are currently maintaining electricity availability factors (EAF) of more than 75% are headed by women. This was highlighted by Eskom group executive: human resources Elsie Pule on Thursday. She was participating in a panel discussion at the Women in Energy breakfast at the Enlit Africa 2024 conference, at the Cape Town International Convention Centre. Every time a woman took over a power station, she affirmed, the EAF shot up. Eskom, a decade ago, created a Women Advancement Programme. Over ten years, this has resulted in the proportion of women senior executives in the State-owned national electricity utility increasing from 29% to 42%. The same progamme has reduced the gender salary differential to 6%.
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Reunert H1 earnings rise on Electrical Engineering, Applied Electronics segments
Published: 23 May 24
JSE-listed Reunert reported a rise in earnings during the six months ended March 31, 2024, driven by good performance in its Electrical Engineering and the Applied Electronics’ defence cluster segments. Its Information and Communications Technology (ICT) segment, however, posted a muted performance.
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South Africa considers complaining to WTO against EU carbon border tax
Published: 22 May 24
South Africa is considering lodging a formal complaint at the World Trade Organization against the European Union's "protectionist" carbon border levy, Trade Minister Ebrahim Patel said on Wednesday. The EU's proposed carbon border adjustment mechanism (CBAM), which will impose charges on imports of carbon-intensive goods like steel and cement into Europe, has faced criticism from some developing nations and sectors including China's steel industry.
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Presidency insists 22.5 GW private IPP pipeline won’t be disrupted by Eskom move to reserve grid for public projects
 Published: 22 May 24
The Presidency does not anticipate that Eskom’s move to reserve scarce grid capacity for independent power producers (IPPs) participating in public procurement bidding rounds will disrupt the more than 130 private IPP projects being advanced outside of those processes to supply private consumers. Speaking during a briefing convened to report back on the reforms implemented under Operation Vulindlela, including those undertaken to address South Africa’s loadshedding crisis, the Presidency’s project management unit head Rudi Dicks lauded the progress being made through the Energy One Stop Shop to support the private projects stimulated by the reform to allow grid-connected private projects of any size to proceed without a licence.
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Fortescue excluded from world’s biggest hydropower plant development
Published: 22 May 24
A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix Tshisekedi’s office, which has replaced the firm with a Nigerian oil producer.
Natural Oilfield Services signed a preliminary deal with Congo on May 9 to build a smaller version of Fortescue's proposed Grand Inga project, which would have generated around 40 GW of hydropower.
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UN agency has launched a report on green business and financing in Africa
Published: 22 May 24
Africa has major opportunities for green economic development and could become a world-leader in it, UN Development Programme (UNDP) Regional Service Centre for Africa director Dr Matthias Naab highlighted at the Enlit Africa 2024 conference, in Cape Town, on Wednesday. He was launching the UNDP’s 'Africa Green Business and Financing' report, at the International Convention Centre. Africa contained 30 of the world’s 40 most climate-vulnerable countries, he pointed out. And global climate programmes were falling short of their targets.
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South African member committee of World Energy Council launched
Published: 22 May 24
A South African member committee of the World Energy Council (WEC) has been launched under the aegis of the Energy Council of South Africa. The member committee is made up of ten high-level energy practitioners drawn from the public and private sectors, namely:
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South Africa must diversify into high-value exports, connect to region to boost growth
Published: 22 May 24
For South Africa to achieve economic growth that leads to improved wellbeing for its citizens, it needs to convert the primary commodities it produces into high-value exports and develop a stronger relative comparative advantage in more competitive goods than only basic metals. Further, the country needs to connect to the continent and the range of opportunities through the African Continental Free Trade Area. Intra-African regional trade is low, and South Africa has a strong economy that can generate synergies that can contribute to strong regional growth.
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Solar farm project, South Africa
Published: 24 May 24
Iron-ore briquette plant, Spain
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Peripheral ring road, Peru
Published: 24 May 24
Environmental campaigners have filed a lawsuit at an Oslo court challenging Norway's plan for seabed mineral exploration, citing insufficient...
Tourism Transformation Fund has approved R272m of financing assistance
Published: 24 May 24
The Tourism Transformation Fund (TTF) has approved transactions to the value of R272-million since its inception in 2017. The TTF was launched as a...
