The Eastern Cape Development Corporation (ECDC) has announced plans to raise R900-million in private investment and R46-million in public funding by the end of the 2027/28 financial year to modernise its property portfolio. The corporation is engaging the private sector to invest in its R1.2-billion property portfolio in return for long-term leases of up to [...]

Domestic used-car sales generated R39.1-billion in the third quarter, this according to AutoTrader used-car sales data. However, for the first time in three months, September used-car sales went into negative territory, falling to 31 636 units, down 9% month-on-month from the 34 725 units recorded in August.

Despite wealthy nations’ pledged $R8.5-billion (approximately R150-billion) and further pledges and investments, South Africa faces a R660-billion financing shortfall for the just energy transition, expected to cost R1.5-trillion over five years. This was revealed by Forestry, Fisheries and the Environment Minister Barbara Creecy in a response to a parliamentary question.

In an update presented to the Portfolio Committee on Agriculture, Land Reform and Rural Development on October 20, the South African Poultry Association (Sapa) has estimated that 30% of the South African poultry industry has been impacted on by the latest outbreaks of Highly Pathogenic Avian Influenza (HPAI). Sapa broiler organisation GM Izaak Breitenbach said [...]

The return of Koeberg's Unit 1 to commercial service has been delayed by a further 10 days as some critical tests are still to be completed before the reactor is started. The last date that Eskom provided for the return of Unit 1 from the extension of life project was 3 November. It is now [...]

TotalEnergies is “hopeful” it will be possible to restart the $20-billion liquefied natural gas (LNG) project in northern Mozambique in early 2024, says TotalEnergies Gas, Renewables and Power long-term LNG marketing and business development deputy VP Christophe Auger.  TotalEnergies holds a leading 26.5% stake in the development, which was halted in 2021 after Islamic State-linked insurgents [...]

Diversified mining and metals company South32's Worsley Alumina operation, in Western Australia, has completed the conversion of the first of its coal-fired boilers to natural gas, helping to reduce the operation’s greenhouse-gas (GHG) emissions. The operation includes a bauxite mine, near the town of Boddington, and an alumina refinery, near the town of Collie. The refinery produces [...]

New insights into the processes of continental evolution and movement during the early stages of complex life on Earth have been revealed by the examination of ancient, superdeep diamonds that were excavated from mines in Brazil and Western Africa. An international team of experts examined these diamonds, which are believed to have originated on the [...]

The International Atomic Energy Agency (IAEA) and the United Nations Food and Agriculture Organisation (FAO) launched, in Rome, in Italy, on Wednesday, their flagship Atoms4Food initiative. This will increase the use of nuclear technologies to strengthen global food security. The IAEA and FAO have worked together for nearly 60 years to develop and use nuclear [...]

As the Development Bank of Southern Africa (DBSA) works to create a multibillion-rand water infrastructure fund and R18-billion green hydrogen investment fund, the development finance institution (DFI) has reiterated its commitment to realising projects in what are deems as critical sectors in the region. The DFI has been prioritising its investments in energy, information and [...]

South Africa’s Cabinet will consider a proposal on whether to include the Netherlands and Denmark in its landmark $8.5 billion climate-finance pact with some of the world’s richest nations. Expanding the so-called Just Energy Transition Partnership could give momentum to the implementation of an agreement that’s been bogged down by delays and opposition from South [...]

One of the biggest positive developments over the last 12 months has been the “convergence of ideas on what we need to do to resolve the energy crisis”, says Department of Mineral Resources and Energy (DMRE) director-general (DG) Jacob Mbele. “We come from a period where people were pushing for certain technologies, but there is [...]