State-owned logistics group Transnet reported a 6.5% fall, from 77-million tons to 72-million tons, in export coal volumes in 2018/19, but described the decline as cyclical rather than structural. The group attributed the slump to “operational challeng…
Transnet sees slump in export coal volumes as ‘cyclical not structural’ Read More »
State-owned freight logistics utility Transnet received yet another qualified audit for its 2018/19 financial year and also announced a dramatic rise in irregular expenditure to R49-billion, after locomotive contracts valued at R41.5-billion where adde…
Transnet reports dramatic rise in irregular expenditure to R49bn Read More »
While Cabinet considered the much-anticipated update to South Africa’s Integrated Resource Plan for electricity at its meeting on Wednesday, Minister in The Presidency Jackson Mthembu said discussions had not yet been concluded. Mthembu attributed the …
Cabinet considers, but fails to approve, IRP update Read More »
The acting head of the Independent Power Producer Office (IPPO), Advocate Sandra Coetzee, says “time is of the essence” for finalising South Africa’s gas-to-power (GTP) plans in light of the prospect of possible electricity supply shortages arising fro…
‘Time of essence’ for finalisation of South Africa’s gas-to-power plan Read More »
The Industrial Gas Users Association of Southern Africa (IGUA-SA) warned on Wednesday that South Africa is in the midst of a gas supply crunch, which will worsen dramatically from 2025 onwards in line with depleting production from Sasol’s Pande and Te…
South Africa approaching gas supply cliff edge, industrial users warn Read More »
South Africa’s thermal coal export industry is facing a “long-term, permanent decline” as new energy technologies replace coal-fired generation at a pace faster than was previously forecast and as financial institutions and diversified miners abandon t…
Mineral Resources and Energy Minister Gwede Mantashe has confirmed that government intends initiating discussions with both coal miners and independent power producers (IPPs) in an effort to lower the contracted prices currently being paid by strugglin…
Govt to seek to renegotiate coal, IPP contracts Read More »
Mineral Resources and Energy Minister Gwede Mantashe says he expects the long-awaited update to the Integrated Resource Plan (IRP) to be considered for approval by Cabinet at its next meeting, scheduled for Wednesday September 18. The IRP has not been …
Mantashe expects IRP to go before Cabinet next week Read More »
Engineering and construction group Murray & Roberts (M&R) has added a further R10-billion to its order book, which stood at R46.8-billion at the end of July, and CEO Henry Laas believes the backlog could rise even further in the months ahead. A…
M&R order book nears R60bn with another R10bn added since July Read More »
Engineering and construction group Murray & Roberts (M&R) has added a further R10-billion to its order book, which stood at R46.8-billion at the end of July, and CEO Henry Laas believes the backlog could rise even further in the months ahead. A…
M&R order book nears R60bn with another R10bn added since July Read More »
