Professors suggest vital bridge assessment improvements to contain costs
With the cost of building an average 100-m-long and 14-m-wide bridge having increased to R20 000 per square metre, it is important that emerging countries such as South Africa considers how it can preserve the asset lives of bridges. To avoid the R28-milion replacement cost of a typical bridge, consultancy Zutari associate and Stellenbosch University [...]
Minister welcomes ruling to place Post Office in business rescue
Acting Communications and Digital Technologies Minister Enoch Godongwana, who also serves as Finance Minister, has welcomed the July 10 decision by the High Court to place the South African Post Office under supervision and in business rescue. The court ruled that the business rescue proceedings are to commence with immediate effect.
Critical minerals market has doubled in five years, IEA report shows
The market for critical minerals used in electric vehicles, solar panels and wind turbines has doubled over the past five years, reaching $320-billion in 2022, and is expected to continue to growth strongly amid record deployments of clean energy technologies such as solar and batteries. The International Energy Agency’s (IEA’s) inaugural ‘Critical Minerals Market Review’ [...]
City of Cape Town to raise feed-in tariff for selling power back to the grid
The City of Cape Town will raise the feed-in tariff for households and businesses selling power back to its grid by 10.15%, Mayor Geordin Hill-Lewis has said. The mayor on Wednesday delivered Cape Town's budget speech before the council. The R69.9-billion budget targets spending in specific areas such as infrastructure, water and sanitation and energy.
BME expands its footprint with Indonesian JV
Mining and explosives solutions provider BME – a subsidiary of Omnia Holdings – has signed a conditional sale and purchase of shares agreement (CSPA) with Multi Nitrotama Kimia (MNK), an Indonesian provider of explosives and blasting services. The two companies will form a joint venture (JV), which will provide BME and MNK with enhanced opportunity [...]
Kenya Airways reports another loss-making year, last year, but on recovery course
Kenya Airways (KQ), the East African country’s national flag carrier, this week released its results for the full year of 2022. (The airline is currently a public private partnership, with the Government of Kenya as the biggest, but not majority, shareholder.) It recorded net losses, after tax, of 38.265-billion Kenya shillings (Kes), which was a [...]
KP Lime sets eyes on expansion with new pit
The metallurgical-grade limestone mine of KP Lime in the Northern Cape is looking to expand operations with the sinking of a new pit in the next two years.
Icasa works to identify, mitigate loadshedding challenges for telecommunications, broadcasting …
The Independent Communications Authority of South Africa (Icasa) is actively in the process of identifying the constraints service providers are facing amid persistent loadshedding and identifying potential mitigation measures that lie within the scope of the authority, says Icasa acting chairperson Dr Charley Lewis. Speaking during a virtual public consultation on the impact of loadshedding [...]
Kenya weighs $2.4bn of dams to boost water availability
Kenya plans to seek investors to help build seven dams at a cost of $2.4-billion, according the National Treasury’s Public Private Partnerships Directorate. The government plans to sign water-purchase agreements with investors who will finance, design, build and commission the facilities, according to the directorate’s website. The mechanism will enable investors to sell and deliver [...]
Dealing with rail constraints remains a priority as Thungela achieves good results
Despite the impact of ongoing rail constraints, thermal coal producer and exporter Thungela Resources managed to deliver good results for the 2022 financial year, with earnings before interest, taxes, depreciation and amortisation having increased three-fold year-on-year to R29.5-billion and net profit 162% higher year-on-year at R18.2-billion. Revenue increased by 93% to R50.7-billion and the company [...]
Loadshedding won't be ended 'through an act of God', says electricity minister
Newly appointed Electricity Minister Kgosientsho Ramokgopa visited the Lethabo Power Station in the Free State last week. He said Lethabo had been the first power station he visited last week that was performing well. During his visit, Ramokgopa said he was optimistic that loadshedding would end, Africa News reported. "Loadshedding will not be ended through an [...]
China Energy proposes $1bn floating solar farm in Zimbabwe
China Energy Engineering Group proposed building a 1 000 MW floating solar farm for Zimbabwe, a nearly $1-billion project, on the world’s largest man-made lake. More than 1.8 million photovoltaic panels installed over 146 modular floating units would be used for the project on Lake Kariba if it went ahead, according to an official report [...]