The current platinum group metals (PGMs) basket price puts 70% of the South African production base at a loss when taking into account replacement capital requirements on top of the working costs. A final gross cash dividend of R2.4-billion from income reserves has been declared.

The National Nuclear Regulator has asked Eskom to undertake additional engineering studies on the Koeberg power station before it can deliberate on its application to extend the long-term operation licence for another 20 years.  Speaking at a briefing to editors in Johannesburg on Thursday, Eskom's senior manager in its outage centre, Thabiso Moirapula, said that [...]

State-owned utility Eskom has confirmed that it is prioritising 47 grid-related projects within its larger R210-billion Transmission Development Plan (TDP) that it believes could collectively add 37 GW of connection capacity over the coming few years. It is also close to finalising the approach it will be taking to the issue of curtailment as it [...]

US-UK zero carbon emissions aviation company ZeroAvia and United Arab Emirates (UAE) clean energy group Masdar have entered a partnership to examine the production and supply of hydrogen at key locations. Initially, the partnership will concentrate on European and North American projects, but will also explore opportunities to set up clean flight operations in the [...]

Engineering News editor Terence Creamer speaks about the latest developments at Sasol's Secunda operation, including the R36-billion impairment Sasol has taken, what this means for the Secunda operation, the air quality emissions challenge Sasol is facing and what the developments at Sasol say about South Africa and the country's approach to the energy transition.

The Electricity Regulation Amendment Bill, an urgent piece of legislation that is key to overcoming South Africa's energy crisis, has finally been tabled in Parliament nearly five months after being approved by Cabinet. There are significant doubts that the bill, which is a crucial next step in the unbundling of Eskom and establishing a competitive [...]

Steel producer ArcelorMittal South Africa (AMSA) and its subsidiary AMRAS have concluded the amendment and restatement of a facility with HSBC Bank Johannesburg Branch, Absa Bank and other lenders. The facility was also increased from R3.5-billion to R4.5-billion.

Johannesburg-based private equity and infrastructure investment firm RH Managers (RHM) is on a fundraising drive for a R2-billion social impact fund to boost South Africa’s healthcare and energy infrastructure. Although far more developed than many of its African peers, latest statistics indicate that South Africa will have an infrastructure investment gap of R4.8-trillion by 2030 [...]

As stakeholders work – as part of the National Logistics Crisis Committee – to resolve the most prominent issues impacting on the South African logistics system, including cable theft on rail lines and overloading on roads, it is more important than ever for businesses to optimise their supply chains. Experts participating in a dialogue hosted [...]

The Makhanda High Court has slammed the South African government for the “dereliction of its Constitutional duties” in quelling the violence directed at long-distance coach company Intercape. “It boggles the mind why it is so difficult for a law enforcement agent to appreciate that when armed assailants take potshots at moving buses, deleterious consequences inevitably [...]

Energy and chemicals group Sasol says it is continuing to assess several technology and feedstock solutions to bolster post-2030 liquid fuels and chemicals volumes at its Secunda refinery, in Mpumalanga, while still meeting its commitment to reduce greenhouse-gas emissions by 30% by the end of the decade. None of these alternatives have advanced to maturity, [...]

The decision of DRDGold to expend capital of R3.5-billion this financial year is based on the cash-flush Johannesburg- and New York-listed gold-from-dumps mining company firmly concluding that it is responsible to investment in South Africa amid seemingly unstoppable private sector turnaround momentum. The board has given the nod for R2-bilion of this year’s R3.5-billion capital [...]