Essential integration of mining with circular economy highlighted at FT Mining Summit
Circularity is already practised at many mine sites, which use circular principles to reduce waste and conserve water. But to achieve full circularity for products – from production to consumption to reuse - requires collaboration between designers, policymakers and industry, the FT Mining Summit heard this week. (Also watch attached Creamer Media video.)
Salba welcomes ban on duty-free alcohol, tobacco sales to foreign diplomats
The South Africa Liquor Brand Owners Association (Salba) has welcomed Finance Minister Enoch Godongwana’s amendment to the Customs and Excise Act and Value-Added Tax Act, banning the duty-free sale of alcohol and tobacco products to foreign diplomats, calling it a turning point in the enforcement of stricter measures on curbing the illicit trade of alcohol, [...]
Approving outstanding permits could shift economy in 12-18 months, says Mzila Mthenjane
If the 5 066 outstanding mining and exploration permits were approved, South Africa could begin to see a shift in the economy within 12 to 18 months, new Minerals Council South Africa CEO Mzila Mthenjane told this week’s Joburg Indaba. In response to questions put to him by ENSafrica’s COO Otsile Matlou during a panel discussion [...]
Eskom to have CEO by year end – Gordhan
South Africa will name a chief executive officer for beleaguered power utility Eskom by the end of the year, Public Enterprises Minister Pravin Gordhan said. Eskom has been without a full-time head for more than seven months, while freight company Transnet’s CEO said she will leave end of October. Finding the new head for Transnet [...]
R2bn Kusile corruption case: Court holds hearing to establish if State has its ducks in a row
The lead investigating officer in the R2.2-billion Kusile corruption case involving former Eskom executive Matshela Koko, has begged the Middleburg Specialised Commercial Crimes Court in Mpumalanga not to strike the matter off the roll. The officer, who cannot be named in terms of a court order, appeared for a hearing the court requested to establish [...]
Transnet Freight Rail chief Mzimela tells mining industry quitting was a 'personal choice'
Amid mounting pressure for an overhaul of Transnet management, the organisation’s head of Freight Rail says her decision to exit the organisation was a personal one. Transnet Freight Rail CEO Sizakele Mzimela announced her resignation in a letter to staff on Thursday morning. Mere hours later, she presented to the mining industry at the Joburg [...]
South Africa definitely under-explored, has extraordinary untapped potential – Anglo
South Africa, with its incredible mineral’s endowment and extraordinary untapped potential, is definitely under-explored, Anglo American CEO Duncan Wanblad said in response to questions after virtually presenting on day-two of the Joburg Indaba. Wanblad was responding to a question posed by Joburg Indaba chairperson Bernard Swanepoel on what the London- and Johannesburg-listed Anglo can do [...]
Pace of energy transition will define South Africa’s economic prospects – Olver
Presidential Climate Commission (PCC) executive director Dr Crispian Olver says South Africa’s energy transition and the pace at which it progresses will determine the country’s long-term economic and human-development prospects and should, thus, no longer be treated only as an environmental problem. Speaking at the Joburg Indaba, Olver acknowledged that stakeholders were “not of one [...]
Johannesburg bridge collapse: Safety MMC says it was a 'disaster waiting to happen'
The City of Johannesburg's MMC for Public Safety, Mgcini Tshwaku, warned that the collapse of a pedestrian bridge on Wednesday would have turned into a major disaster if it occurred during peak hour. The bridge, owned by the Passenger Rail Agency of South Africa (PRASA), collapsed while people were crossing it. They narrowly escaped serious [...]
MTN South Africa progresses network resiliency
South African telecommunications giant MTN has deployed more than 20 000 batteries, 5 000 rectifiers and nearly 900 generators to sites across South Africa and is spending R4.5-billion to R5-billion in an effort to ensure seamless communications during loadshedding. While this is helping MTN to maintain network resiliency amid the higher stages of loadshedding, vandalism [...]
PIC to grow green energy book beyond R16.5bn
The Public Investment Corporation (PIC) intends to increase its investment in renewable energy as South Africa battles to resolve a power crisis that’s stifling economic growth. “If you look at our renewable energy book, we have now funded and have got an exposure of R16.5-billion – and it is going to grow,” Kabelo Rikhotso, chief investment [...]
Zambia, DRC kick off major road project
The Presidents of the Democratic Republic of Congo (DRC) and Zambia have broken ground at the Lualapa river bridge site, marking the start of the Kasomeno-Mwenda Toll Road (KMTR) project. The new route will reduce the roundtrip for commercial transporters from Haut-Katanga’s booming mining sector to the port of Dar es Salaam, Tanzania, by about [...]