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Rooftop solar panels GoSolr expresses concern about Eskom targeting solar users with higher tariffs
Published: 12 Dec 24
State-owned power utility Eskom has sparked debate with its latest tariff proposal, resulting in uncertainties for solar power users. Solar energy company GoSolr co-founder Patrick Narbel points out that, although South Africa’s electricity system needs tariff reviews to ensure an efficient and fair energy system, there are risks with getting them wrong, including market distortion.
Cape Town service level plan is not a devolution agreement, warns PRASA Cape Town service level plan is not a devolution agreement, warns PRASA
Published: 12 Dec 24
The recent Service Level Plan (SLP) signed between the Passenger Rail Agency of South Africa (PRASA) and the City of Cape Town is not a devolution agreement, warns the rail agency. It says the agreement flows from Section 11 of the National Land Transportation Act, which entrusts municipalities with the function of preparing transport plans for the area under their control, ensuring compliance to these plans, while also enabling service level planning for passenger rail in consultation with PRASA.
Liquid Intelligent Technologies extends its Botswana fibre network
Published: 12 Dec 24
Pan-African technology group Liquid Intelligent Technologies has completed its fibre network extension from Ramatlabama to Ramokgwebana. The enhanced independent network spans over 730 km, marking the first-ever direct connection from northern Botswana along the A1 road and bringing key towns, such as Francistown, Mahalapye and Palapye, into the fold.
AfDB leads $1.2bn financing syndication for Tanzania's Standard Gauge Railway project
Published: 12 Dec 24
The African Development Bank (AfDB) has signed a coordination letter with Deutsche Bank and Société Générale to establish a syndication strategy to mobilise up to $1.2-billion for Tanzania's Standard Gauge Railway (SGR) project.  
Cape Town port's liquid bulk terminal Cape Town liquid bulk terminal earmarked R195m for refurbishment with renewed concession
Published: 12 Dec 24
Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminals as the preferred bidder to refurbish and maintain a liquid bulk terminal at the Port of Cape Town’s liquid bulk precinct. FFS will operate the terminal for a 25-year concession period, which is poised to improve overall volume throughput.
Midas substation repairs still under way, but essential load to mines restored
Published: 12 Dec 24
A 500 MVA transformer at the Midas substation, in Gauteng, tripped in the evening of December 11, disrupting electricity supply to about 15 mines in the Carletonville, Fochville and Potchefstroom areas, as well as to residential customers. State-owned utility Eskom says in a December 12 update that its technical teams acted swiftly and have managed to restore essential load to the mines, enabling limited operations.
A Boeing aircraft being refuelled with SAF IATA disappointed at slow ramp-up of sustainable aviation fuel production
Published: 12 Dec 24
The International Air Transport Association (IATA), which is the global representative body for the airline industry, has lamented the slower-than-hoped-for ramp-up of sustainable aviation fuels (SAF) production during this year. While 2024 SAF production is, at 1 000 000 t (or 1.3-billion litres), 100% higher than the 2023 figure of 500 000 t (600-million litres), it is still far short of the previous SAF production estimate for this year, which was 1 500 000 t (1.9-billion litres). SAF ...
S Africa's Premier Group open to acquisitions after profit jumps 32.4% S Africa's Premier Group open to acquisitions after profit jumps 32.4%
Published: 12 Dec 24
South African food producer Premier Group has 1.1-billion rand ($60.91-million) available for acquisitions, it said on Tuesday, after reporting a 32.4% rise in interim profit. Already, the group, which vies for market share with rivals such as Tiger Brands, Pioneer Food and RCL Foods, in June acquired a 30% stake in rice importer Goldkeys International, to gain exposure to the market in the staple.
Global Auxiliary of Companies (Global Aux) CEO Mika’il Ali Kote (centre) with the Coega Development Corporation delegation at the Coega Business Centre in Gqeberha Coega SEZ hosts Global Aux CEO in effort to advance co-development plans
Published: 12 Dec 24
The Coega Development Corporation (CDC) recently hosted Global Auxiliary of Companies (Global Aux) CEO Mika’il Ali Kote to the Coega special economic zone (SEZ) in the Eastern Cape. Global Aux is a group of specialised companies working in sectors such as oil and gas, procurement, trade facilitation, agriculture and agricultural processing.
Parking space indicating EV charging China is urging EV firms to invest in South Africa, official says
Published: 12 Dec 24
China is encouraging its electrical vehicle manufacturers to invest in South Africa as it seeks to broaden ties between the two nations. “We encourage the Chinese companies to consider, very seriously consider, to move some of their assembly lines or value added in South Africa,” the Asian nation’s ambassador to South Africa Wu Peng said in a Bloomberg interview in Johannesburg on Wednesday.
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