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

Redisa initiates court action over Waste Tyre Management Plan

Nonprofit organisation the Recycling and Economic Development Initiative of South Africa (Redisa) has approached the Pretoria High Court to review and set aside government’s Industry Waste Tyre Management Plan (IWTMP). Redisa says it has done this as a last measure and with the strong belief that the IWTMP poses a serious environmental and economic threat [...]

AFC signs concession agreements with Angola, Zambia to advance Lobito rail project

Infrastructure financier Africa Finance Corporation (AFC) has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the Zambia Lobito rail project. The agreements pave the way for AFC to spearhead and complete the development of the railway. The agreements were signed on September 24 in a [...]

Pan African joins Harmony, DRDGOLD, Gold Fields on US gold miners’ index

Johannesburg- and London-listed gold mining company Pan African Resources has joined Harmony Gold, DRDGOLD, Gold Fields and AngloGold Ashanti on the Van Eck Gold Miners’ GDX index, an exchange traded fund managed in the US. The GDX seeks to replicate the price and yield performance of the New York Stock Exchange’s Arca Gold Miners Index, [...]

Global plan for early ditch of coal power hits Indonesia hurdle

G7-backed push to close coal power plants in emerging markets is facing further delays after a July deadline passed without a deal on the early closure of an Indonesian power plant that would be the first to shut under the initiative. The push against coal comes under the Just Energy Transition Partnerships (JETPs) with Indonesia, [...]

Next round of NDC’s critical test for meeting renewables-tripling goal – IEA

The next round of Nationally Determined Contributions (NDCs) will be a critical test for the implementation of the COP28 pledge, made by nearly 200 countries in the United Arab Emirates last year, of tripling renewables and doubling energy efficiency by 2030. This finding is contained in a new International Energy Agency (IEA) report, titled ‘From [...]

Insect farming in Africa presents opportunity for sustainable food production

With insect farming gaining recognition as a “game-changer” in sustainable food production, the sector has become the fastest-growing sustainable protein industry in the EU, says International Platform of Insects for Food and Feed second VP Antonine Hubert. With more than €1.5-billion invested in EU insect-producing companies, insect farming is contributing to thousands of green jobs, [...]

Mantashe hails competition approval of CEF’s Sapref acquisition

Mineral Resources and Energy Minister Gwede Mantashe has welcomed the Competition Commission’s approval of the Central Energy Fund’s (CEF's) application to acquire the South African Petroleum Refineries (Sapref) refinery. This approval follows the completion of the sale purchase agreement between bp Southern Africa (bpSA) and Shell Downstream South Africa (SDSA), transferring assets located at the Sapref [...]

SA defence group has launched three vehicles on to the market

South African private-sector defence group Milkor has launched three vehicles at the Africa Aerospace and Defence 2024 exhibition, being held at Air Force Base Waterkloof, in Centurion, just south of Pretoria. These are the Bushcat armoured personnel carrier (APC), the Vanguard mine-resistant ambush-protected (MRAP) vehicle and the Frontier agile vehicle family. Hitherto, the company only [...]

A $90bn World Bank plan to electrify Africa gets under way

A plan to bring electricity to 300-million Africans by 2030, backed by an initial pledge of $30-billion from the World Bank and the African Development Bank, has begun to be implemented with an assessment of the first potential beneficiaries. Some of the world’s most prominent climate organizations — the Rockefeller Foundation, Global Alliance for People [...]

AfriForum continues fighting Nersa’s latest appeal in municipal tariff matter

Civil rights organisation AfriForum says the National Energy Regulator of South Africa (Nersa) has applied to the Supreme Court of Appeal in the case related to its implementation of tariff hikes for at least 100 municipalities. The organisation has been challenging the regulator’s implementation of what it deems to be unlawful and invalid tariff hikes. [...]

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