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POWER(HOUSE)
POWER(HOUSE)
18th June 2021

Johannesburg, which along with the rest of the country is being afflicted by regular power cuts, plans to seek at least R3.8-billion in investment in alternative electricity supply. Bloomberg... 


UNITED AGAINST COAL
UNITED AGAINST COAL
11th June 2021

United Nations secretary-general Antonio Guterres has again called on countries to stop investing in coal, telling participants to a recent International Finance Forum, in Beijing, China, that this... 


UNIFIED RATE
UNIFIED RATE
4th June 2021

Nigeria’s central bank has moved towards a single exchange-rate system, having maintained a multiple rate for several years to avoid an outright devaluation of the naira. Late last month, the... 


EXPORT SCALE-UP
EXPORT SCALE-UP
28th May 2021

VKB Agriculture loads a Transnet Freight Rail grain wagon at its Bethlehem silo rail siding, in the Free State, at the launch of the 2021 grain export season on May 17. As part of its endeavours to... 


DEADLY FLARE-UP
DEADLY FLARE-UP
21st May 2021

The most disturbing aspect of the recent deadly clashes between Palestinians and Israelis was not only the hardening of attitudes, but also the absence of any real plan for resolving a conflict... 


WAVES & VARIANTS
WAVES & VARIANTS
14th May 2021

The horrific scenes from India’s recent second Covid-19 wave have been held up as a warning to South Africa, where there is ongoing concern about prospects for a third wave. As with South Africa’s... 


AngloGold gives approval for Tropicana sale
AngloGold gives approval for Tropicana sale
7th May 2021 By: Esmarie Iannucci

Gold miner AngloGold Ashanti has waived its pre-emptive rights over joint venture (JV) partner Independence Group’s (IGO’s) 30% interest in the Tropicana gold mine, clearing the way for ASX-listed... 


TOTAL WITHDRAWAL
TOTAL WITHDRAWAL
7th May 2021

Late last month, French energy group Total confirmed the withdrawal of all project personnel from the $20-billion liquefied natural gas (LNG) project it is developing with partners in northern... 


LEGALLY BINDING: European Union lawmakers reached a deal this month to make the bloc’s ambitious climate goals legally binding, a move which Bloomberg reports will pave the way for a torrent of new rules and standards. The European Climate Law foresees a 55% reduction in net greenhouse gas emissions by 2030, compared with 1990 levels, and zero net emissions by 2050. A legislative package to be unveiled in June will reinforce carbon pricing mechanisms, foster energy savings, increase the production of renewable energy, boost sustainable transport and curb imports of products that drive deforestation. Photograph: Bloomberg
LEGALLY BINDING
30th April 2021

European Union lawmakers reached a deal this month to make the bloc’s ambitious climate goals legally binding, a move which Bloomberg reports will pave the way for a torrent of new rules and... 


POWER SHIFT
POWER SHIFT
23rd April 2021

The Democratic Republic of Congo’s (DRC’s) new Cabinet, unveiled this month, is said to shift the balance of power in the resource-rich country to President Felix Tshisekedi (pictured) from his... 


VIALS TO CELEBRATE: Earlier this month, South Africa officially signed an agreement with Pfizer for 20-million dual-shot vaccine doses, boosting plans to start mass vaccinations. The deal added to the 31-million single-shot doses from Johnson & Johnson, whose vaccine was officially registered for use in the country on April 1. The country has also been allocated 12-million shots under the World Health Organization's Covax scheme and is likely to get doses for 10-million people from the African Union's acquisition initiative. Reuters reports that, after the Pfizer deal, government has enough doses to vaccinate roughly 41-million people out of its total population of 60-million. Photograph: Reuters
VIALS TO CELEBRATE
16th April 2021

Earlier this month, South Africa officially signed an agreement with Pfizer for 20-million dual-shot vaccine doses, boosting plans to start mass vaccinations. The deal added to the 31-million... 


HEAVENLY MAINTENANCE
HEAVENLY MAINTENANCE
9th April 2021

Rio de Janeiro's iconic ‘Christ the Redeemer’ statue, atop the Corcovado Mountain in the Brazilian city, is being restored ahead of its 90th anniversary in October. Constructed between 1922 and... 


WING & PRAYER
WING & PRAYER
2nd April 2021

Kenya Airways expects its passenger business to recover from the impact of the Covid-19 pandemic in 2024. The carrier, whose joint venture with Air France KLM is set to expire this September, will... 


GOLDEN BOOT
GOLDEN BOOT
26th March 2021

South African billionaire Patrice Motsepe, who initially rose to prominence in South Africa’s gold mining industry, is now aiming for a golden boot in football governance. Motsepe was elected... 


VARIANT OPTIMISM
VARIANT OPTIMISM
19th March 2021

A study published this month shows that the Covid-19 vaccine from Pfizer and BioNTech showed a high ability to neutralise coronavirus variants first detected in Brazil, the UK and South Africa.... 


AFRICAN LEADERSHIP: Ngozi Okonjo-Iweala, the World Trade Organisation's (WTO’s) first female and first African director-general, started work on March 1. After a long campaign, derailed in the latter stages by a President Donald Trump-administration veto, the 66-year-old Nigerian was confirmed in February. Reuters reports that Okonjo-Iweala, seen here donning a mask, participated in a meeting of the General Council on her first day. At the meeting, delegates from the WTO’s 164 member states joined virtually and agreed to hold the next major Ministerial conference, originally due to be held in Kazakhstan in 2020, in Geneva, Switzerland, on November 29. Photograph: Reuters
AFRICAN LEADERSHIP
12th March 2021

Ngozi Okonjo-Iweala, the World Trade Organisation's (WTO’s) first female and first African director-general, started work on March 1. After a long campaign, derailed in the latter stages by a... 


BIG PICTURE
BIG PICTURE
5th March 2021

Finance Minister Tito Mboweni delivered his 2021 Budget address last week against the backdrop of a sharp economic contraction as a result of the lockdown actions taken since the advent of the... 


WHITE-OUT BLAME GAME
WHITE-OUT BLAME GAME
26th February 2021

The finger pointing and accusations that arose in the wake of the winter-storm induced power cuts in Texas this month were even louder and angrier than those that accompany South Africa’s regular... 


VEXING VARIANTS
VEXING VARIANTS
19th February 2021

Disappointing news about the effectiveness of some vaccines against the 501.V2 Covid variant now dominant in South Africa should not mask the remarkable progress being made on the vaccine front.... 


SHOT IN THE ARM: The announcement by Ford this month that it will invest R15.8-billion in its South African operations to produce the new-generation Ranger pick-up represents a much-needed shot in the arm for the investment-starved economy, which has been battered by Covid-19 and the associated lockdowns. As part of the investment, Ford will build a chassis line at the Tshwane Automotive Special Economic Zone (TASEZ), the development of which is pictured here. TASEZ is located adjacent to Ford’s Silverton assembly plant and is being punted as Africa’s first ‘automotive city’. Besides Ford, Nissan and BMW also assemble vehicles in Tshwane.
SHOT IN THE ARM
12th February 2021

The announcement by Ford this month that it will invest R15.8-billion in its South African operations to produce the new-generation Ranger pick-up represents a much-needed shot in the arm for the... 


DOSE OF REALITY
DOSE OF REALITY
5th February 2021

South Africa’s sluggish approach to the procurement of the Covid-19 vaccine is deplorable, but is also only part of the problem. The beggar-thy-neighbour scramble adopted by rich countries serves... 


LOOMING LARGE: State-owned power utility Eskom has been warning for several months that the risk of load-shedding will loom as large as these power lines do over this Cape Town informal settlement. In its official planning, Eskom indicates that electricity shortages are possible during most weeks until April, after which the prognosis is expected to improve. The utility has also indicated previously that the risk of power cuts will be “significantly reduced, but not eliminated” only by September in line with progress being made under its so-called reliability maintenance programme. Photograph: Bloomberg
LOOMING LARGE
29th January 2021

State-owned power utility Eskom has been warning for several months that the risk of load-shedding will loom as large as these power lines do over this Cape Town informal settlement. In its... 


WAITING & CELEBRATING: While several countries began ramping up their mass vaccination campaigns at the start of 2021, South Africans began the year anxiously waiting for the start of a domestic roll-out. Many vaccination deployments have fallen short of initial expectations and have been accompanied by an element of resistance. Nevertheless, the overall mood has been celebratory, given the importance of the vaccine in ending what has been, and still is, an economically and psychologically devastating pandemic. One bakery in Dortmund, Germany, marked the development by baking cakes in the shape of syringes. Photograph: Leon Kuegele for Reuters
WAITING & CELEBRATING
22nd January 2021

While several countries began ramping up their mass vaccination campaigns at the start of 2021, South Africans began the year anxiously waiting for the start of a domestic roll-out. Many... 


DOWN, NOT OUT: The Covid-19 pandemic was painful on many levels. It led to millions of premature deaths which devastated families. The associated lockdowns, while necessary in many instances, caused untold misery, from the loss of livelihoods to loneliness and a rise in poverty and hunger. Frontline health workers, such as the one pictured, were pushed to their physical and psychological limits. As 2021 begins, however, there is cause for optimism. The vaccine is being deployed and economies are starting to recover. As with previous pandemics, humanity has again shown resilience, resourcefulness and innovation. We are down, but not out! Photograph: Reuters
DOWN, NOT OUT
15th January 2021

The Covid-19 pandemic was painful on many levels. It led to millions of premature deaths which devastated families. The associated lockdowns, while necessary in many instances, caused untold... 


BORDER BLUES
BORDER BLUES
11th December 2020

Long lines of waiting trucks and cars are all too common a sight at key Southern African border crossings, with the busy Beitbridge border post between Zimbabwe and South Africa being no exception.... 


FLEEING CONFLICT: Ethiopians who fled the ongoing fighting in Tigray region, carry their belongings from a boat after crossing the Setit river on the Sudan-Ethiopia border in Hamdayet village in eastern Kassala state, Sudan. Ethiopian Prime Minister Abiy Ahme launched a military campaign against the Tigray People’s Liberation Front on November 4, accusing it of attacking two federal military camps in the northern region. Photograph: Mohamed Nureldin Abdallah for Reuters
FLEEING CONFLICT
4th December 2020

Ethiopians who fled the ongoing fighting in Tigray region, carry their belongings from a boat after crossing the Setit river on the Sudan-Ethiopia border in Hamdayet village in eastern Kassala... 


COLLATERAL DAMAGE: Earlier this month, media reports emerged indicating that an estimated 400 seafarers and roughly two-million tons of coal were stuck on ships off the northeast coast of China, as that country’s diplomatic row with Australia intensified. A Bloomberg report stated that, at one point, more than 21 bulk carriers were anchored off the Port of Jingtang, unable to offload their Australian coal cargo. Fifteen of the ships had been waiting since June, threatening a humanitarian crisis. During the trade stand-off China has blacklisted various Australian commodities and foodstuffs from coal to lobster.
COLLATERAL DAMAGE
27th November 2020

Earlier this month, media reports emerged indicating that an estimated 400 seafarers and roughly two-million tons of coal were stuck on ships off the northeast coast of China, as that country’s... 


TRAVEL DISRUPTED
TRAVEL DISRUPTED
20th November 2020

A recent global survey commissioned by Inmarsat Aviation found that eight in ten airline passengers don’t plan to resume their regular travel routines even once the coronavirus pandemic has... 


NOT LOOTERS
NOT LOOTERS
13th November 2020

Professor Malegapuru Makgoba has been officially appointed chairperson of State-owned electricity utility Eskom, having served as interim chairperson for nine months. In a short address during the... 


FLYING HIGH
FLYING HIGH
6th November 2020

Mercedes' Lewis Hamilton leaps for joy after winning the Portuguese Grand Prix on October 25. The victory at the Algarve International Circuit was Hamilton’s 92nd. It also saw him passing the... 


STRUGGLE CONTINUES
STRUGGLE CONTINUES
30th October 2020

There a worrying signs that fatigue has truly set in with regards the willingness of citizens to abide by Covid-19 restrictions being imposed by governments. The struggle is far from over, however,... 


SUSTAINED PRESSURE
SUSTAINED PRESSURE
23rd October 2020

South African factory output contracted for a fifteenth month in August, when output fell 10.8%, compared with a revised 10.2% decline in July. The slump came even though South Africa has taken... 


WRECKED: A drone image shows decommissioned cruise ships being dismantled at Aliaga ship-breaking yard in the Aegean port city of Izmir, in western Turkey, earlier this month. Media reports stated that British, American, and Italian cruise ships were being dismantled in the country as the coronavirus pandemic continued to sink the industry.
WRECKED
16th October 2020

A drone image shows decommissioned cruise ships being dismantled at Aliaga ship-breaking yard in the Aegean port city of Izmir, in western Turkey, earlier this month. Media reports stated that... 


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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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Actom

Your one-stop global energy-solution partner

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