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Conditions challenging, but some green shoots emerging – MBA North
Published: 19 Apr 24
Last year was one of the most challenging years the Master Builders Association (MBA) North has ever experienced, with many of its long-standing members entering business rescue or closing their doors, says MBA North executive director Mohau Mphomela. The 120-year-old employers’ body serves the construction industry in Gauteng, North-West, Limpopo and Mpumalanga. Many of its members are smaller, family owned businesses.
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Decarbonised iron production possible using sodium, company says
Published: 19 Apr 24
A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into direct reduced iron (DRI). Traditionally, iron is beneficiated by mixing iron-ore fines with coal. The iron oxide (Fe2O3), when heated in a furnace, undergoes a chemical transformation whereby the oxygen molecules from the Fe2O3 bind with the carbon molecules in the coal, creating carbon dioxide (CO2) as a by-product and leaving pure iron behind.
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JSE plans overhaul to encourage smaller listings
Published: 19 Apr 24
The operator of the JSE has proposed easing some listing requirements in a bid to encourage smaller companies to the bourse, removing some of the red tape it says has become an obstacle. The exchange intends to split its main board into two — what it called a Prime Segment and a General Segment — as part of efforts to streamline regulations to better suit the needs of smaller firms, the JSE said in a statement.
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AfDB president calls for political will to kick-start Inga 3 project
Published: 19 Apr 24
Development finance institution African Development Bank (AfDB) group president Dr Akinwumi Adesina has called for a major political commitment to kick-start construction work on the Democratic Republic of Congo’s (DRC’s) giant Inga 3 dam, which has the potential to meet the power needs of more than a dozen countries in Central and Southern Africa. “We have been talking about Inga 3 for many years . . . What we need is political coordination,” Adesina told members of the Development Bank of Southern Africa (DBSA) board – which is led by chairperson Ebrahim Rasool – during a recent meeting at the AfDB’s headquarters in Abidjan.
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Track busways more efficient than traditional systems
Published: 19 Apr 24
Electrical and digital specialist Legrand avers that its track busway system is an efficient and flexible alternative to traditional power distribution systems that lack flexibility in adapting to changes. Legrand states that a reliable and flexible power distribution system is an essential element in the manufacturing, industrial and commercial sectors, where facilities require upgrades to enhance energy efficiency and optimise productivity.
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Fog fluid product highlighted to prevent corrosion
Published: 19 Apr 24
Global corrosion protection company Cortec Corporation highlights that its CorroLogic VpCI-339 fogging fluid is fast, effective and convenient in addressing the challenges of void and corrosion in equipment, piping and structures. This fogging fluid protects void spaces, complex internal cavities, double wall spaces, pipes, heat exchangers and modules, and can be applied within the transportation and deep storage of key assets.
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GAC Motor joins inflow from China
Published: 19 Apr 24
China’s GAC Motor has appointed Salvador Caetano Auto as the distributor and retailer of GAC vehicles, spare parts and related services in South Africa (SA). GAC Motor is a subsidiary of the State-owned GAC Group, and was founded in 1997. The brand joins a rapidly growing number of Chinese vehicles on sale in South Africa.
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Gonfreville-l’Orcher hydrogen production plant, France
Published: 26 Apr 24
Khavda Renewable Energy Park, India
Published: 26 Apr 24
Grand Ethiopian Renaissance Dam, Ethiopia – update
Published: 26 Apr 24
BHP Group’s bid to spin off Anglo America’s South African assets as part of a takeover proposal shows how the economic policies of the ruling...
Codelco posts fresh output slump, underscoring copper struggles
Published: 29 Apr 24
Top copper producer Codelco saw a decline in quarterly output due to lower quality ore at its aging Chilean mines — the latest sign of supply-side...
