News2018-08-01T16:20:10+01:00

Embraer reports increased year-on-year commercial and business jet deliveries in 2022

The world’s number three manufacturer of commercial jets, Brazil-based Embraer, has reported that it delivered 159 commercial and business jets last year. This represented a 12.7% increase over the figure for 2021. Of the 2022 deliveries, 80 were handed over to customers during the fourth quarter. (Embraer is also active in the defence, security and [...]

IWMI supports Zambia with post-flood recovery strategy

Following floods that affected more than 20 000 people across Zambia, the International Water Management Institute (IWMI) is working with the Zambian government for improved knowledge generation and effective advisory services. Zambia’s Disaster Management and Mitigation Unit, reportedly describing the ongoing floods in the Southern and Central provinces as “catastrophic”, highlights a rising number of [...]

Anglo Platinum makes R131bn socioeconomic contribution, records best-ever safety year

The contribution of platinum group metals (PGMs) company Anglo American Platinum to society in 2022 totalled R131-billion, made up mainly of taxes and royalties at R19-billion, salaries and wages at R15-billion, local procurement of R25-billion, capital investment of R17-billion and dividends of R55-billion, Mining Weekly can today report. Earnings before interest tax depreciation and amortisation [...]

Eskom debt albatross hangs over South Africa’s plans to stabilise budget

Finance Minister Enoch Godongwana faces the task of incorporating a credible debt-relief plan for the stricken state power utility in the national budget while stabilizing government finances as record blackouts weigh on the economy. The minister said in October the state will absorb between one- and two-thirds of Eskom Holdings' liabilities of about R400-billion. The [...]

Ramaphosa, Mantashe to oppose legal challenge over energy planning

President Cyril Ramaphosa and Mineral Resources and Energy Minister Gwede Mantashe intend opposing a legal challenge against them over energy planning. In January, two civil society organisations – Green Connection and the Southern African Faith Communities' Environment Institute (SAFCEI) – filed an application to seek the development of the Integrated Energy Plan (IEP). They believe [...]

Civil society organisations petition African leaders to reject gas energy strategy

With the thirty-sixth Ordinary Session of the African Union (AU) Assembly of Heads of State being held in Ethiopia over the weekend of February 18 and 19, civil society organisations (CSOs) have called for the AU to play a more ambitious role in creating a fossil fuel-free energy future in Africa.  CSOs have begun circulating [...]

Big petrol price hike expected in March

February may bring a large hike in the petrol price, the latest information from the Central Energy Fund shows. With two weeks to go before the prices are fixed, the fund's data shows that 95 unleaded petrol could be increased by more than R1.20 a litre in February, while diesel may be hiked by 38c. [...]

Airbus reports solid results for 2022

Europe-based global major aerospace and defence group Airbus released its full year results for 2022 on Thursday. It reported total revenues of €58.763-billion for the year. This was a 13% increase over the figure for 2021. Earnings before interest and taxes (EBIT), adjusted, came to €5.627-billion, up 16% over 2021. Net income in 2022 was [...]

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