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 [...]

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 [...]

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 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 [...]

The sixty-day period for public comment on Koeberg nuclear power station operating beyond its licenced timeframe in 2024 has lapsed on March 16. The National Nuclear Regulator (NNR) will now consider the written representations received from January 8 and announce in due course whether further public debate on the extension of the licence is necessary, [...]

The Department of Mineral Resources and Energy (DMRE) reports that 15 renewables refinancing applications have been approved under an initiative launched in October 2019 that sought to reduce tariffs arising from private generators procured during the initial bidding rounds of the renewables procurement programme. The department claims that the refinancing concluded to date will result [...]

The Competition Commission on Friday published a draft Terms of Reference (ToR) for a market inquiry into the distribution of media content on digital platforms in South Africa. The Media and Digital Platforms Market Inquiry (MDPMI), established in terms of section 43B(1)(a) of the Competition Act, will evaluate and determine the nature and extent to [...]

The Concor-Mota Engil Joint Venture (CME JV) has almost completed the four massive concrete blocks that will anchor the Msikaba bridge in place. Concor project director Laurence Savage says the blocks represent the engineering on which everything else rests. 

Coal miner Exxaro has advanced considerably on progressing the generation of renewables to supply electricity to its own mining operations, newly appointed Exxaro MD for Energy Leon Groenewald said in response to Mining Weekly during Thursday’s media conference at which the JSE-listed coal, energy and ferrous markets company Exxaro reported record earnings before tax interest [...]

South Africa's transition from fossil fuel dependence to a renewable energy-based economy will add more jobs than will be lost in fossil fuel value chains, but the skills that young people have to participate in the transition, including by establishing careers and businesses in nascent value chains, is a central element of any just energy [...]

JSE-listed African Rainbow Capital (ARC) says its diverse investment portfolio has shown remarkable resilience in what was challenging macroeconomic conditions for all the firms it is invested in, in the six months ended December 31, 2022. ARC’s intrinsic investment value in the African Rainbow Capital Fund (ARC Fund) increased by 0.2% from R13.24-billion as at [...]

State-owned freight and logistics company Transnet has welcomed the sentencing of a perpetrator arrested for tampering with the petroleum pipeline and theft of 40 000 ℓ of diesel. The conviction in the Vrede Regional Court on March 14 brings the total number of convictions to 16 since 2019.