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Terence Creamer

Terence Creamer

Terence Creamer is the Editor of Engineering News and a Deputy Editor for Mining Weekly.

He also has editorial responsibility for Polity.org.za and Creamer Media's Research Channel Africa.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

M&R hopes to convince ATON of commercial merits of Aveng tie-up

18th May 2018 Murray & Roberts (M&R) CEO Henry Laas says he will make every effort to convince its largest shareholder ATON – the German family-owned business, which owns 39% of the company and which has made a firm offer to acquire majority control of the South African engineering and construction group – of... 

Radebe sees energy contributing $25bn to South Africa’s $100bn investment target

16th May 2018 Energy Minister Jeff Radebe says one-quarter, or $25-billion, of South Africa's newly announced five-year investment target of $100-billion could be met through investments in new energy projects, including a possible new greenfield crude oil refinery and a gas pipeline linking South Africa to... 

Eskom wants 3% on top of any tariff hike for three years to claw back R66bn-plus

14th May 2018 State-owned electricity utility Eskom has proposed a five-year phasing-in period to recoup R66-billion-plus in cost and revenue variances contained in three separate Regulatory Clearing Account (RCA) applications. The applications are being adjudicated simultaneously by the National Energy... 

Large power users urge Nersa to hold Eskom accountable for inefficiencies

11th May 2018 The Energy Intensive Users Group of Southern Africa (EIUG) has argued that any cost-recovery granted to Eskom in relation to three Regulatory Clearing Account (RCA) applications currently under review by the regulator be capped at R40.5-billion. However, it also urged the National Energy... 

Radebe links IRP certainty to Ramaphosa’s $100bn investment drive

10th May 2018 The long awaited update to South Africa’s Integrated Resource Plan (IRP) will be presented to Cabinet for its approval on August 15, Energy Minister Jeff Radebe confirmed on Thursday, adding that the document would provide much-needed certainty for investors in the electricity sector. The... 

Coal ‘not like buying bread’, Hadebe says as Eskom reverses policy on cost-plus mines

3rd May 2018 In a major policy reversal, State-owned electricity producer Eskom is budgeting to invest in the sustenance of mines that supply coal to the utility on a cost-plus basis. During Brian Molefe’s controversial tenure as Eskom CEO, the utility became hostile to the cost-plus model, which Molefe... 

South Africa views itself as ‘collateral damage’ in global trade war

2nd May 2018 Department of Trade and Industry (DTI) believes South Africa has become “collateral damage in the trade war of key global economies” after the country was excluded from a list of countries exempted from tariffs imposed by the US on steel and aluminium imports. While insisting that the country... 

Concor targets larger share of infrastructure market as part of big growth push

30th April 2018 Wholly black-owned construction group Concor, which marked its first year of operations in April, is aiming to materially increase its share of the public infrastructure market as part of an ambitious plan to increase its order book to R10-billion by 2020. The company, which has a Level 1... 

New association aims to raise level of debate on energy economics in South Africa

26th April 2018 A new independent professional organisation was launched in Pretoria on Thursday with the aim of raising the level of research and debate on energy economics in South Africa, where policy and regulatory uncertainty remain a major constraint to investment. Named the South African Association for... 

T-FTA seen as building block in continental integration

13th April 2018 South Africa fully supports the proposed African Continental Free Trade Agreement (AfCFTA) signed by 44 African countries in Kigali, Rwanda, last week, but Trade and Industry Minister Dr Rob Davies said the “high bar” set by South Africa’s legal framework made it impossible for the country to... 

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