Will Minerals Giant China Support a Plan to Help Developing Countries Build Their Own Value Chains? As chair of the Group of 20 (G20) nations […]
Tag: South Africa
Caterpillar’s Century-Long Presence in Africa: Building a Sustainable Future
Caterpillar, a global leader in manufacturing construction and mining equipment, industrial engines, and diesel-electric locomotives, has had a longstanding presence in Africa for nearly 100 years. The company’s journey on the continent highlights a deep commitment to fostering sustainable growth and infrastructure development.
Increasing Wave of Illegal Miners Resurfacing from North West Mineshaft
Nearly 600 illegal miners have resurfaced from a Stilfontein mineshaft in North West South Africa, following intensified police and South African Defence Force (SANDF) interventions aimed at curbing illegal mining activities. Many of these miners, who have spent over a year underground, primarily hail from neighboring countries like Mozambique and Lesotho, seeking better economic opportunities. Upon emerging, they are met by law enforcement officials who arrest them and provide basic necessities while awaiting legal processing. This situation highlights the urgent need for comprehensive solutions to the illegal mining crisis, as it poses significant humanitarian, legal, and socio-economic challenges for both the individuals involved and the broader community.
PowerROC T35: Enhanced Efficiency and Performance with Epiroc’s Next-Gen Drill Rig
Epiroc has introduced an upgraded PowerROC T35, a next-generation surface drill rig aimed at the global quarrying and construction markets. This new model, touted as […]
Diamond Beneficiation Project to Empower Indigenous Communities
The Aboriginal Business Forum of South Africa (ABFSA) is set to transform the economic landscape of Kimberley with a new diamond polishing and jewellery-making factory. This initiative, aimed at benefiting marginalized Indigenous communities in the Northern Cape, was solidified this week with a memorandum of understanding signed in Namibia. ABFSA CEO Vernon Mostert emphasized that the project will not only create jobs and provide skills training but also help preserve Indigenous cultures and languages. The collaborative effort, involving the Indigenous Peoples Businesses Forum and Ministry of Trade representatives, marks a significant step towards local empowerment and economic justice.
WORKING AT HEIGHTS
The Msikaba Bridge, spanning 580 meters across the Msikaba Gorge in South Africa’s Eastern Cape, is set to become one of the highest bridges in Africa. As part of the N2 toll road project, this engineering marvel is being constructed by the CME Joint Venture and is expected to be completed by late 2024. The project emphasizes safety, precision engineering, and local community engagement, setting a new standard for infrastructure development in the region.
SHEQ IN CONSTRUCTION
The South African construction industry faces urgent challenges in improving its health and safety standards while also addressing its significant environmental impact. A new analysis by Professor John Smallwood highlights alarming accident rates, the need for better mental health support, and calls for comprehensive reforms, including regulatory changes and enhanced training, to move the industry toward a safer and more sustainable future.
Excessive Cargo Control Measures Stifle Trade at Beitbridge
The Beitbridge Border Post, despite a $300 million upgrade, is once again mired in congestion and delays. Excessive cargo control measures, including a 100% scanning regime and fuel duties, have slowed transit times to over 24 hours, frustrating transporters who must still pay a $200 fee. This inefficiency is stifling regional trade and undermining Zimbabwe’s role as a key transit hub in Southern Africa.
Club Car Partners with AFGRI Equipment as New South African Distributor
Club Car has appointed AFGRI Equipment as its new official distributor in South Africa, expanding the brand’s reach across Southern Africa. This partnership will see AFGRI supply Club Car’s full range of golf, utility, and consumer vehicles through its extensive dealership network. Both companies are excited about the synergy this collaboration brings to the golf and turf industry, with a focus on delivering innovative and reliable products to the market.
Copper 360 Reignites O’Kiep Copper District Amid Global Supply Crisis
Copper 360 has reignited copper mining in South Africa’s historic O’Kiep Copper District after more than 40 years, with the reopening of the Rietberg mine. As global demand for copper surges, this development is poised to bolster both the local economy and the global copper supply, marking a new era for the region and the company.
Carbon Capture, Utilisation, and Storage: A Beacon for South Africa’s Energy Future
Carbon Capture, Utilisation, and Storage (CCUS) offers South Africa a crucial solution to balance economic growth with environmental sustainability. The Council for Geoscience’s (CGS) dedication to advancing CCUS technology, in partnership with various stakeholders, is a positive move. Integrating CCUS with renewable energy, creating supportive policies, and increasing public awareness can lead to a resilient, sustainable energy future. South Africa’s proactive efforts in CCUS can become a model for other coal-dependent countries, demonstrating that with determination, innovation, and collaboration, it is possible to meet climate goals and ensure a prosperous future.
Minister Senzo Mchunu Discusses Municipal Service Delivery and Key Projects
In an insightful interview with Kirsten Kelly, Minister of Water and Sanitation Senzo Mchunu discusses the challenges and transformative initiatives in municipal water service delivery. Highlighting the theme of “Water for Peace” on World Water Day, Mchunu underscores the collaborative potential of water to unite communities and countries. He also elaborates on critical projects and legislative reforms aimed at ensuring reliable access to potable water across South Africa, emphasizing the department’s shift towards a more integrated approach to water resource and services management.
Africa’s Clean Energy Surge: A Beacon of Hope in Declining Foreign Investments
Despite a slight decline in overall foreign investment flows to Africa in 2023, the continent’s clean energy sector has seen a remarkable surge, attracting significant global interest. Noteworthy investments include a $34 billion green hydrogen project in Mauritania and over $10 billion for wind and solar projects in Egypt, South Africa, and Zimbabwe. These developments highlight Africa’s growing commitment to sustainability and its potential to lead in renewable energy, driving economic growth and environmental progress.
South African Asset Managers’ Response to Shifting Investment Trends and Political Uncertainty
In the midst of evolving investment landscapes, South African asset managers have notably adjusted their strategies, as highlighted in the 2023 Alexforbes Manager Watch Annual Survey. Over the past five years, a discernible trend has emerged, with a greater focus on global equities alongside recalibrations in domestic allocations. However, this strategic maneuvering unfolds against a backdrop of political uncertainty following national elections, with discussions of a Government of National Unity stirring market volatility. Yet, armed with insight and adaptability, South African asset managers remain poised to navigate these challenges, steering investments towards long-term prosperity amidst shifting sands.
Minister Senzo Mchunu Discusses Municipal Service Delivery and Key Projects
In an insightful interview with Kirsten Kelly, Minister of Water and Sanitation Senzo Mchunu discusses the challenges and transformative initiatives in municipal water service delivery. Highlighting the theme of “Water for Peace” on World Water Day, Mchunu underscores the collaborative potential of water to unite communities and countries. He also elaborates on critical projects and legislative reforms aimed at ensuring reliable access to potable water across South Africa, emphasizing the department’s shift towards a more integrated approach to water resource and services management.
Milestone Achieved in Carbon Capture and Utilisation Storage Project
Leandra, Mpumalanga, 10 May 2024 – The Council for Geoscience (CGS) and Mzansi Exploration, Drilling and Mining celebrated a significant achievement with the completion of an 1800m drill for the Carbon Capture and Utilisation Storage (CCUS) pilot project. This milestone, essential for the development of the CCUS initiative, was celebrated at the CCUS Piloting Site in Leandra, Mpumalanga.
UNDP Announces Groundbreaking Start-Up Ecosystem Event in South Africa
The United Nations Development Programme (UNDP) is thrilled to announce an exciting new event in South Africa as part of the “UNDP Meet the Toshikas” initiative, which also spans Angola and Zambia. This event is set to connect investors, accelerators, incubators, local corporates, and governmental bodies with innovative start-ups. Out of 254 applicants, 10 outstanding start-ups from South Africa have been selected to pitch their groundbreaking ideas. The event will feature insightful presentations and panel discussions with key ecosystem stakeholders and esteemed Japanese investors, fostering robust
business networks and facilitating collaboration opportunities. Supported by Japan’s Ministry of Economy, Trade, and Industry (METI), “Meet the Toshikas” aims to empower young African entrepreneurs, enhance their competitiveness, and attract Japanese venture capital investment to Africa. For more information, visit UNDP Meet the Toshikas.