R/€ = 19.20 Change: -0.05
R/$ = 16.98 Change: 0.02
Au 1783.20 $/oz Change: 7.90
Pt 820.73 $/oz Change: 5.68

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 and Creamer Media's Research Channel Africa.

Tel: +2711 622 3744


Sasol narrows immediate asset-disposal focus to ‘top ten’ list

3rd July 2020 Chemicals and energy group Sasol has developed a list of ten major assets that will be prioritised for sale in the coming weeks and months as it moves to streamline the business into what is being termed ‘Sasol 2.0’, while also raising proceeds to help it reduce a $9.5-billion debt burden. In... 

Renewables statistics point to slow response to South Africa’s power constraints

3rd July 2020 New statistics released by the Council for Scientific and Industrial Research (CSIR) Energy Centre show that South Africa added only 100 MW of additional utility scale renewable-energy capacity in 2019, despite supply-side constraints and an intensive period of load-shedding. In fact, the report... 

Midvaal municipality seeks bids for electricity distribution PPP

3rd July 2020 The Midvaal municipality, in southern Gauteng, has issued a pioneering tender through which it is seeking to enter into a long-term concession agreement with a private entity to manage, operate and finance its electricity distribution service and to invest in new technologies. The municipality... 

Good, sobering and bad

3rd July 2020 News out for the inaugural Sustainable Infrastructure Development Symposium South Africa  – held last week both physically at the Union Buildings, in Pretoria, and virtually with hundreds of online participants – was a mixture of good, sobering and bad. The good news is that President Cyril... 

Mboweni’s debt stabilisation plan hinges on big future expenditure cuts

3rd July 2020 Finance Minister Tito Mboweni announced grim revisions to South Africa’s fiscal framework when presenting his Covid-19-induced ‘Supplementary Budget’ speech on Wednesday, in which he likened the country’s rising debt profile to that of a hippopotamus “eating our children’s inheritance”. He used... 

Nersa’s Gumede calls for overhaul of ‘outdated’ electricity tariff methodology

2nd July 2020 National Energy Regulator of South Africa (Nersa) fulltime member for electricity Nhlanhla Gumede has called for the regulatory methodology used to set electricity tariffs in South Africa to be overhauled, arguing that the multiyear price determination (MYPD) approach is not aligned with the... 

Nersa to provide concurrence on technology-specific determination this month

2nd July 2020 The National Energy Regulator of South Africa indicated on Thursday that it intended providing concurrence this month for a Ministerial determination that would open the way for the procurement of new electricity generation capacity in line with allocations contained in the 2019 edition of the... 

Sasol confirms Rompco pipeline sale ‘well advanced’ as asset disposal process kicks into gear

1st July 2020 Chemicals and energy group Sasol confirmed on July 1 that the sale of its equity interest in the Republic of Mozambique Pipeline Investment Company (Rompco) and the Central Termica de Ressano Garcia gas-fired power plant, also in Mozambique, were well advanced, along with partnering discussions... 

Economic opportunity of South Africa’s energy transition akin to new ‘gold rush’

30th June 2020 South Africa’s energy transition from coal to cleaner energy carries an economic opportunity equivalent to the discovery of gold in the country more than a century ago, a new South African National Energy Association (Sanea) report argues. Published on June 30, the ‘South African Energy Risk... 

Tariff implications not yet clear as Nersa loses another court battle with Eskom

30th June 2020 Power utility Eskom has welcomed the June 29 ruling of the North Gauteng High Court to review and set aside three regulatory clearing account determinations made by the National Energy Regulator of South Africa for the financial years 2014/15, 2015/16 and 2016/17. In his judgment, Judge Jody... 

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