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SolarSaver showcases innovations of its latest solar installation in Melrose Arch precinct
Published: 28 Jun 24
Energy company SolarSaver has successfully completed a solar installation at the Marriott Hotel Melrose Arch and the African Pride Hotel, both of which are based in the Melrose Arch precinct in Gauteng.
Owing to the limited available roof space for solar panel installation, SolarSaver collaborated with property developer Amdec Group to find a solution.
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PRASA passenger numbers reach 40-million a year, up 167% – Emeran
Published: 28 Jun 24
The Passenger Rail Agency of South Africa (PRASA) is “making steady and significant progress in getting passenger trains back on track”, with the urban rail service carrying about 40-million passengers in 2023/24 on 31 of the 40 PRASA rail corridors now operational, says CEO Hishaam Emeran. Emeran says passenger numbers have climbed by almost 25-million from a year ago.
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Dealmakers optimistic on global M&A prospects despite sluggish growth
Published: 28 Jun 24
Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024. Stubbornly high interest rates, a hostile regulatory environment and a frothy stock market that has made valuations pricey weighed on dealmaking in the last three months.
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The future of Operation Vulindlela
 Published: 28 Jun 24
Engineering News editor Terence Creamer discusses the issues tackled during Phase 1 of Operation Vulindlela and the successes achieved thus far; the likelihood of Operation Vulindlela continuing as programme of action under the new government of national unity; and what could be on the agenda during Phase 2.
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The Spar Group targets water-saving measures
Published: 28 Jun 24
The Spar Group has been steadily implementing proactive water-saving measures within its logistics operations amid the increasing threat of water insecurity across South Africa. Potential water insecurity poses a significant threat to the integrity of retail supply chains across South Africa, as disruptions to water supply and water quality can lead to significant operational and financial risks to the South African economy, said The Spar Group national logistics executive Solly Engelbrecht.
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Yes, there are problems at SA ports, but World Bank report not entirely accurate – SAAFF
Published: 28 Jun 24
The newest World Bank Container Port Performance Index (CPPI) report, which places a number of South African ports at the bottom of the list, covers the crisis-ridden 2023 period, and does not take into account the corrective action taken since Transnet has been under new management as part of a recovery and transformation strategy, says Southern African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree. “To contextualise, this was a period at the height of the crisis.
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Cape Town calls for private-sector intervention as port ranks worst in the world
Published: 28 Jun 24
According to the newly published World Bank Container Port Performance Index, compiled from 2023 data, the Port of Cape Town is the worst performing port in the world. It is joined in the bottom 16 of the 405-strong list of container ports by Durban, Ngqura and Port Elizabeth (Transnet still refers to the port by this name).
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Despite big obstacles, AfCFTA viewed as key to weaving new trade and industrial tapestry
Published: 28 Jun 24
In the grand tapestry of international commerce, Africa’s 55 nations have stood as individual threads rather than a unified fabric of economic opportunity. But a new era of collaboration being ushered in by the African Continental Free Trade Area (AfCFTA) Agreement promises to harness the continent’s vast potential and foster economic prosperity for its people. Launched in 2021, this African Union (AU) treaty aims to integrate the country’s economies through facilitating the easy, cheap flow of goods and services. Coupled with complementary measures such as the adoption of open visa policies, this will create a megamarket of 1.3-billion people, which, according to United Nations (UN) projections, will increase to about 2.5-billion people by 2050, with a corresponding surge in business and consumer spending from close to $3-trillion currently to about $16.12-trillion.
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Richards Bay solar PV project, South Africa
Published: 05 Jul 24
Umsinde Emoyeni Wind Farm, South Africa
Published: 05 Jul 24
Dubbo Firming Power Station, Australia
Published: 05 Jul 24
A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and...
Programme empowers young agricultural entrepreneurs in KZN
Published: 05 Jul 24
In a move aimed at bolstering youth entrepreneurship, youth empowerment initiative Metropolitan Collective Shapers (MCS) has launched its impactful...
Ford celebrates one-millionth Ranger, says PHEV production to start before year-end
Published: 05 Jul 24
Ford South Africa (SA) has celebrated the assembly of the one-millionth Ranger at its Silverton plant in Pretoria. While the first million bakkies...
