Broad-Based Black Economic Empowerment Commissioner Tshediso Matona has said it is necessary to “dispel the myth” that black industrialist multimillionaires or billionaires should not exist because of the large and growing gap between the wealthy and the indigent. Speaking as part of a panel at the Black Industrialists and Exporters Conference, in Sandton, on March 20, [...]

Labour union the National Union of Mineworkers (NUM) has expressed its opposition to the changes in the Electricity Regulation Act (ERA). “This is a way to destroy Eskom and hand it over to the private companies the same way South African Airways and Transnet were destroyed,” the union avers in a statement.

Coal producer and exporter Thungela in February launched a fish breeding facility at the Loskop Dam Nature Reserve, in Mpumalanga, to mitigate some of the impacts of an uncontrolled release of mine-affected water in the area. Tasneem Bulbulia tells us more.

Industry body South Africa Wine has partnered with The South African Grape and Wine Research Institute, the Chenin Blanc Association of South Africa and Stellenbosch University (SU) to advance the prominence and economic viability of Chenin Blanc wine. The collaborative effort between the organisations, called the Premiumisation and Value Growth of South African Chenin Blanc Wine, [...]

In an address delivered during the Consulting Engineers South Africa (CESA) Infrastructure Indaba, in Cape Town, on March 19, International Federation of Consulting Engineers (FIDIC) CEO Dr Nelsono Ogunshakin said sustainable and resilient practices are being integrated in every facet of projects globally, all in efforts to achieve net zero by 2050. He highlighted that [...]

The Organisation Undoing Tax Abuse (Outa) has called on the Department of Mineral Resources and Energy (DMRE) to recall and reworked the draft Integrated Resource Plan 2023 (IRP 2023) and to then reissue a revised document for “meaningful” public consultation that includes public hearings. In its comment on the draft submitted to the DMRE ahead [...]

In an excoriating assessment of the draft Integrated Resource Plan 2023 (IRP 2023), Meridian Economics points to serious problems with the modelling and cost assumptions used by the Department of Mineral Resources and Energy (DMRE), which the consultancy says has resulted in “incorrect and economically damaging conclusions”. Released days ahead of the March 23 deadline [...]

The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD Vuslat Bayoglu has highlighted in a Zoom interview with Mining Weekly. (Also watch attached Creamer Media video.) Menar is a private investment company with a [...]

The African continent needs an estimated $190-billion a year to meet its climate change mitigation and energy needs transition, but 57% of countries are in debt and unable to support the amount of investment required. These countries, therefore, need innovative finance mechanisms to advance climate-resilient infrastructure.

The South African Wind Energy Association’s (SAWEA’s) formal response to the draft Integrated Resource Plan 2023 (IRP 2023) questions both the modelling and assumptions used to determine the vastly diminished allocation for wind energy in the period to 2030 when compared with the prevailing plan. It will also call for an overhaul of the document, [...]

In her latest weekly newsletter, published on March 18, Business Leadership South Africa (BLSA) CEO Busi Mavuso addresses the major challenge of local government’s mismanagement of water infrastructure, which is leading to an increase in water shortages and questionable water quality. It appears that the water crisis is growing, although it is difficult to determine [...]

The Energy Regulator has approved a 5.98% increase, from R6.8-billion in 2023/24 to R7.2-billion in 2024/25, in Transnet’s allowable revenue from petroleum pipelines system tariffs. “This translates to a 10.13% tariff increase for the Durban-to-Alrode (Johannesburg) route, which will effectively result in an increase of approximately 6.25 cents per litre (Cpl), from 61.74 Cpl to [...]