A positive outlook for 2025 as GVK-Siya Zama racks up big wins in 2024
Privately owned construction company GVK-Siya Zama accomplished several significant milestones this year that strengthened its position in the construction industry. One of its primary achievements was the completion of two mammoth projects, each valued at about R1-billion.
NNR calls for public comment on Koeberg nuclear storage facility licence application
The National Nuclear Regulator (NNR) on Tuesday invited the public to comment on environmental, health and safety issues regarding the request by South African State-owned national electricity utility Eskom to alter its licence for the Transient Interim Storage Facility (TISF) at its Koeberg nuclear power plant (NPP). Koeberg is located on the country’s west coast, [...]
Global green alloy acclaim is there for South Africa to attain using new local technology
South Africa, which hosts more than 70% of the world reserves of chrome ore and manganese ores, was dominant in ferroalloy production until 2010. In the early 2000s, South Africa was the undisputed No 1 chrome ore- and ferrochrome-producing country, with 90% of the inputs, including technology and equipment, locally sourced.
BCC-led consortium bids for Gautrain Concession project
The Jubane Consortium, led by the Bombela Concession Company (BCC), operator of the Gautrain since its inception, is bidding to “revolutionise” Gauteng’s transport system. Drawing on global expertise in railway and bus operations, combined with local insight, the consortium promises a “transformative leap in service excellence” for commuters in the next concession.
African countries again prominent on the list of those States blocking airline funds
Almost 60% of airline funds, blocked from repatriation by governments around the world, were being held back by African countries, the International Air Transport Association (IATA) has reported. (IATA is the global representative body for the airline industry.) Of the global total of $1.7-billion in blocked airline funds, about $1-billion were being held by African [...]
Minerals Council upbeat on South Africa’s electricity supply situation amid improved EAF
State-owned utility Eskom’s average energy availability factor (EAF) exceeded 60% for the seventh consecutive month in November. This milestone coincided with over 250 days without loadshedding and a significant reduction in open-cycle gas turbine (OCGT) use this year, industry organisation the Minerals Council South Africa points out.
Civil unrest preventing delivery of raw materials to South32’s Mozal Aluminium
The transportation of raw materials to diversified miner South32’s Mozal Aluminium operation is being negatively impacted on by road blockages related to escalating civil unrest in Mozambique. Mozal Aluminium is the largest industrial employer in the country, consisting of a smelter and transport infrastructure, just west of Maputo.
AfDB disburses first tranche of $1bn loan to Transnet for recovery
Development finance institution (DFI) the African Development Bank (AfDB) has released the first tranche of four of its $1-billion loan to State-owned Transnet as part of a financing arrangement to support Transnet’s business recovery plan. The funding will allow Transnet to start the first phase of its ambitious R152.8-billion, five-year investment plan to upgrade existing infrastructure [...]
IAEA experts commend Ghana for its commitment to nuclear safety
An expert mission from the International Atomic Energy Agency (IAEA) has commended Ghana for being committed to continuously improving nuclear and radiation safety, as the country moves forward with its nuclear power programme. Ghana already has a Chinese-designed 30 kWt research reactor (designated GHARR-1, for Ghana Research Reactor) and uses radiation technologies in agriculture, healthcare, [...]
McKinsey to pay SA R1.1bn for its role in State capture
The National Prosecuting Authority (NPA) announced that it has successfully concluded dispute resolution with McKinsey South Africa, in which McKinsey will pay about R1.1-billion into South Africa's Criminal Assets Recovery Account, owing to the social and economic harm caused by one of its former employees. McKinsey will also have to assist the Investigating Directorate in [...]
SOLA has produced 1bn kilowatt-hours of clean electricity
Renewable energy company SOLA Group has produced one-billion kilowatt-hours of renewable energy, reaching this goal one month earlier than planned. The company produced the majority of this amount over the past few months, says SOLA MD Katherine Persson.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come about when the sun isn’t shining and the wind isn’t blowing. Implementing systems to do this also come with considerable economic benefit, Kraftblock co-founder and [...]