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R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline
R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline
21st February 2024 By: Terence Creamer

The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25... 


Priscillah Mabelane
Sasol’s Mabelane to head board at Eskom’s unbundled grid company, NTCSA
9th January 2024 By: Terence Creamer

The inaugural board of directors of the National Transmission Company of South Africa (NTCSA), which was announced by the Eskom board on Tuesday, will be chaired by Priscillah Mabelane, who is also... 


Finance Minister Enoch Godongwana
Treasury says equity injection can be averted as it unveils R47bn Transnet guarantee
1st December 2023 By: Terence Creamer

A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt... 


Andile Africa, CEO of the Automotive Industry Development Centre
Andile Africa
21st July 2023 By: Martin Zhuwakinyu

This week we profile Andile Africa, CEO of the Automotive Industry Development Centre, which was established to develop and transform the automotive industry in South Africa into a globally... 


Magazine cover image
New space agency CEO outlines vision for stimulating local space industry
23rd June 2023 By: Rebecca Campbell

The South African National Space Agency’s (SANSA’s) recently appointed and third confirmed (as distinct from acting) CEO, Humbulani Mudau, is determined to use the solid “launch pad” created under... 


Themba Baloyi MD of Voith Turbo South Africa
Themba Baloyi
16th June 2023 By: Martin Zhuwakinyu

This week we profile Themba Baloyi, MD of Voith Turbo South Africa, which is engaged in the marketing, assembly, service and sales support of engineering products in mining and metals, paper, rail,... 


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Vital overhaul
2nd June 2023 By: Terence Creamer

One of the ironies about South Africa’s use of competitive bidding for just about all public procurement, from the purchase of office stationery to diesel locomotives, is that it hardly ever... 


Etienne de Villiers, divisional technical executive at John Thompson
Etienne de Villiers
5th May 2023

This week we profile Etienne de Villiers, the divisional technical executive at John Thompson, which designs, manufactures, builds and maintens industrial and utility boiler plant, and also... 


President Cyril Ramaphosa at the fifth edition of the South African Investment Conference
Ramaphosa underlines commitment to energy and freight reforms as he unveils new R2tr investment target
13th April 2023 By: Terence Creamer

President Cyril Ramaphosa unveiled a new investment target of R2-trillion for the five-year period to 2028 at the fifth edition of the South African Investment Conference on Thursday, where he also... 


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As clear as mud
24th March 2023 By: Terence Creamer

The messages around the future governance of South Africa’s large and seriously underperforming State-owned Enterprises (SOEs) are incredibly mixed. On the one extreme is the message that these... 


TFR's operations
Sanral, Transnet, Denel among SOEs to receive fiscal support in 2023/24
22nd February 2023 By: Marleny Arnoldi

As State-owned entities (SOEs) continue to rely on government bailouts and dominate the guarantee portfolio of the fiscus, Finance Minister Enoch Godongwana has announced conditional in-year... 


Sereme Maphaka, CEO of Methano Group
Sereme Maphaka
16th December 2022 By: Martin Zhuwakinyu

This week we profile Sereme Maphaka, CEO of Methano Group, an engineering, procurement, construction and management company that is active in the mining, water, renewable energy, and industry sectors 


Finance Minister Enoch Godongwana
Higher revenue collections support consolidation as growth headwinds strengthen
26th October 2022 By: Terence Creamer

Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget.... 


Jaco Prinsloo and Christo Botha, the key developers of the green hydrogen solution.
Proudly South African green hydrogen innovation uses platinum fuel cell
12th September 2022 By: Martin Creamer

A Proudly South African green hydrogen mobile solution, which is scheduled to be launched at the African Aerospace and Defence Exhibition (AAD) next month, ticks all the local boxes by making use... 


Denel's Badger infantry combat vehicle
Beleaguered Denel announces new turnaround strategy
26th August 2022 By: Marleny Arnoldi

State-owned defence company Denel has announced it will institutionalise and implement a new turnaround plan to effect a self-sustaining business. The plan is particularly focused on streamlining... 


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Public paralysis
25th February 2022 By: Terence Creamer

To the outside observer, the recent debate on the importance of the private sector in creating employment must have come across as almost surreal given South Africa’s economic predicament and the... 


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Urgent solution needed
21st January 2022 By: Terence Creamer

A year can feel extremely long when events run away from you, but awfully short if one is trying to implement a turnaround. 2021 is a case in point. 


President Cyril Ramaphosa in a face mask as he prepares to answer questions during a hybrid sitting of Parliament on Friday
Ramaphosa hints at yet more reforms as he predicts ‘massive investment’ in wake of electricity amendment
3rd September 2021 By: Terence Creamer

President Cyril Ramaphosa has described a recently gazetted amendment to Schedule 2 of the Electricity Regulation Act, opening the way for sub-100 MW grid-tied embedded generators to supply one or... 


Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula
Defence Minister warns about crisis in local defence industry, especially Denel
4th June 2021 By: Rebecca Campbell

In her address to the National Assembly on Tuesday, introducing the debate for her 2021 budget vote, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula warned the assembled... 


New patrol vessel for Navy launched in Cape Town
9th April 2021 By: Rebecca Campbell

Damen Shipyards Cape Town (DSCT), a subsidiary of the Netherlands-based Damen International Shipyards Group, recently launched the first (of three) Multimission Inshore Patrol Vessels (MMIPVs) for... 


Plan emerges for renewal of South Africa’s crucial space infrastructure
Plan emerges for renewal of South Africa’s crucial space infrastructure
19th March 2021 By: Rebecca Campbell

Almost unnoticed by most people on Earth, space technology and infrastructure has become essential for, and ubiquitous in, everyday life. It has become a major facilitator for national economic... 


Defence industrial group increasing focus on exports
12th February 2021 By: Rebecca Campbell

During the 2019/2020 financial year, exports accounted for 42% of State-owned defence industrial group Denel’s business, with Asia being the single biggest export market, taking 24%. Perhaps... 


Denel finally publishes 2019/20 annual report
12th February 2021 By: Rebecca Campbell

South African State-owned defence industrial group Denel released its 2019/20 annual report on February 1. The period covered by the report did not include the very difficult months for the group... 


Trade unions slam Denel management over unpaid salaries, head to court
3rd July 2020 By: Rebecca Campbell

The Solidarity trade union has blasted the South African government and the management of State-owned defence industrial group Denel over their mishandling of the affairs of the company, causing it... 


Underfunding has put SANDF in dire position, lawmakers warned
12th June 2020 By: Rebecca Campbell

In a briefing to Parliament’s Portfolio Committee on Defence and Military Veterans, the Department of Defence (DoD) has warned that the South African National Defence Force (SANDF) is in dire need... 


Parliament wants reports on aircraft accidents while supporting SANDF deployments
8th May 2020 By: Rebecca Campbell

Parliament’s Joint Standing Committee on Defence has called for a written report on two incidents regarding Lockheed Martin C-130BZ Hercules transport aircraft of the South African Air Force... 


Be prepared
Be prepared
20th March 2020 By: Terence Creamer

There was much excitement at the start of 2018 about the prospect of a growth tailwind, following Cyril Ramaphosa’s election as African National Congress (ANC) president, and later Head of State.... 


The upgrades to the Marder tanks will expand the life of the tanks which have been in service since 1971
Defence contract signed with German armed forces
21st February 2020

Germany’s unified armed forces and civil administration and procurement authority The Bundeswehr, has joined with defence contractor Rheinmetall to carry out new measures for extending the service... 


Denel upgraded by Fitch Ratings as it closes aerostructures business
21st February 2020 By: Rebecca Campbell

South Africa’s State-owned defence industrial group has Denel welcomed the recent decision by Fitch Ratings to affirm its long- and short-term ratings for the group, and to upgrade its outlook.... 


Government sets ambitious growth targets for SA defence industry
29th November 2019 By: Rebecca Campbell

The South African Government has set growth targets it hopes that the local defence industry will achieve over the next few years, reported Secretary of Defence and Military Veterans Dr Sam Gulube.... 


Future structure of Denel starts to emerge as turnaround plan advances
29th November 2019 By: Rebecca Campbell

Denel Chief Financial Officer Carmen Le Grange has indicated the businesses that the State-owned defence group was exiting or was planning to exit, as part of its turnaround strategy. She did so in... 


While some local aerospace sectors are thriving,  others are in a rough patch
While some local aerospace sectors are thriving, others are in a rough patch
8th November 2019 By: Rebecca Campbell

The South African aerospace industry embraces the public and private sectors. It includes manufacturers; maintenance, repair and overhaul (MRO) service providers; and research and development (R&D)... 


Scale of Denel’s problems revealed in annual report
18th October 2019 By: Rebecca Campbell

South African State-owned defence industrial group Denel recently released its annual report for the 2018/2019 financial year (FY). By just about every metric, the group’s position deteriorated... 


Regulator needs more capacity to aid SA’s embattled aerospace sector
11th October 2019 By: Rebecca Campbell

Prominent members of the Aeronautical Society of South Africa (AeSSA) have called for the capabilities and capacities of the South African Civil Aviation Authority (SACAA) to be strengthened, so... 


Denel reports major milestone in delivery of Malaysian Army contract
27th September 2019 By: Rebecca Campbell

South Africa’s State-owned defence industrial group Denel recently delivered the 100th turret it has produced under an export contract from Malaysia. The turrets are being fitted to the Malaysian... 


Despite problems, Denel is looking for diversification opportunities
6th September 2019 By: Rebecca Campbell

In a written Parliamentary answer, Public Enterprises Minister Pravin Gordhan stated late last month that State-owned defence industrial group “Denel is constantly exploring economically viable new... 


Denel to take action against former executives, while union maintains close watch
16th August 2019 By: Rebecca Campbell

State-owned defence industrial group Denel has given the assurance that it would soon start legal actions to recover losses from fraud and misappropriation. These would be the result of several... 


Stale and uninspiring
Stale and uninspiring
26th July 2019 By: Terence Creamer

There was little sign of the promised ‘reform agenda’ in the recent Budget Vote speeches delivered by South Africa’s newly appointed Cabinet Ministers. In far too many instances, the speeches... 


Anglo American South Africa chairperson Nolitha Fakude
Anglo appoints new South African chair
24th July 2019 By: Marleny Arnoldi

Global diversified miner Anglo American has appointed nonexecutive director Nolitha Fakude as chairperson of Anglo American South Africa’s board, effective September 1. She succeeds Norman... 


Finance Minister Tito Mboweni
Mboweni warns extra R59bn allocated to Eskom comes at 'huge' cost to fiscus
23rd July 2019 By: Kim Cloete

Finance Minister Tito Mboweni has allocated an additional R26-billion to debt-ridden Eskom for 2019/20 and R33-billion for 2020/21 in a bid to help the utility meet its financial obligations.... 


Absa research head and chief economist Jeff Gable
Fixing Eskom will result in higher taxes, electricity prices – economist
17th July 2019 By: Irma Venter

There is little doubt that the taxpayer will be left footing the bill for the problems experienced at power supplier Eskom, and probably so through higher electricity prices and increased taxes.... 


Bank bails Denel out amid union demand for action on irregularities
12th July 2019 By: Rebecca Campbell

The spokesperson for Public Enterprises Minister Pravin Gordhan, Adrian Lackay, has clarified to “Engineering News” that the lender who came to the assistance of beleaguered State-owned defence... 


Public Enterprises Minister Pravin Gordhan
Gordhan says draft Eskom unbundling White Paper to be finalised soon
11th July 2019 By: Terence Creamer

Public Enterprises Minister Pravin Gordhan says a draft White Paper outlining government’s approach to the unbundling of State-owned power utility Eskom, as well as how its “unsustainable” debt... 


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