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Government activities for the week 14 – 18 October 2024

Location: News

Government activities for the week 14 – 18 October 2024

From 13 – 17 October, Water and Sanitation Minister Pemmy Majodina participates in the 9th Africa Water Week and 7th Cairo Water Week. The event concludes on 17 October. 

From 13 – 14 October, the leadership of the North West Provincial Government, led by Premier Lazarus Kagiso Mokgosi, will hold a two-day EXCO Planning Lekgotla to identify the provincial government’s key priorities for the next five years.

On Monday, 14 October, the Minister of Energy and Electricity, Dr Kgosientsho Ramokgopa, briefs media on the implementation of the Energy Action Plan.

On Monday, 14 October, the Public Service Commission (PSC) briefs media on the PSC’s Quarterly Bulletin titled, ‘The Pulse of the Public Service for the period: 01 April to 30 June 2024’.

On Monday, 14 October, Basic Education Minister Siviwe Gwarube and Deputy Minister Dr Reginah Mhaule, joined by North West Education MEC, Viola Motsumi, will host a media briefing following a Listening and Learning visit to the North West.

On Monday, 14 October, the Passenger Rail Agency of South Africa (PRASA) hosts a career day aimed at exposing about 70 learners from Mamelodi, Soshanguve, Soweto, Tembisa, and Kempton Park to diverse career paths within the agency and the broader rail industry.

On Monday, 14 October, the Department of Employment and Labour hosts a career and jobs fair in the North West province this week. The jobs fair will conclude on 16 October.

On Monday, 14 October, the Department of Employment and Labour hosts an Occupational Health and Safety conference with the construction industry. The conference will conclude on 15 October.

On Tuesday, 15 October, the Minister of Forestry, Fisheries and the Environment, Dr Dion George, and Deputy Ministers Bernice Swarts and Narend Singh, will brief media on their 100 days in offices in Cape Town.

On Tuesday, 15 October, the Western Cape provincial government will conduct free inspections for vehicles of scholar transport operators in the Cape Town and Swartland areas at the Gene Louw Traffic College and Malmesbury Testing Centre from 08h30 to 15h00.

On Wednesday, 16 October, the Department of Employment and Labour launches the Occupational Health and Safety Prevention Accord and will unveil the OHS strategy.

On Wednesday, 16 October, Eastern Cape Rural Development and Agrarian Reform MEC, Nonceba Kontsiwe, will launch the department’s R80 million cropping programme in Ngxakaxha village, Dutywa on World Food Day. – SAnews.gov.za

Matona
Mon, 10/14/2024 - 13:30

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Read moreGovernment activities for the week 14 – 18 October 2024

Improved sentiment is rooted in real economic progress – President

Location: News

Improved sentiment is rooted in real economic progress - President

With just over 100 days since the members of the Government of National Unity were sworn into office, President Cyril Ramaphosa says the county has witnessed a marked increase in confidence in the direction of the country.

In his weekly newsletter, the President noted that South Africans across various sectors were increasingly supporting government’s efforts, which is reflected in recent opinion polls. 

One of the polls conducted by Ipsos revealed that the proportion of participants who believe the country is on the right track has doubled since the last surveys were conducted in April and June this year. 

“There is also rising confidence in our country’s economic growth prospects by business and local and international investors. This was evident in the engagements I recently had with business leaders in Beijing and New York, and that Deputy President Paul Mashatile had with business leaders in London,” the President said. 

In September, the Bureau of Economic Research and Rand Merchant Bank published its first Business Confidence Index since the formation of the new administration. It pointed to “cautious optimism” about improving business conditions in key economic sectors. It said improved electricity supply and political certainty following the elections had likely contributed to this improved business confidence.

“Sentiment is more than a ‘warm and fuzzy’ feeling. It is made possible by real developments in the economy and the country. Business confidence goes beyond discussion in boardrooms and conference halls. 

“It is about the interest that is shown in our economy by all investors, both local and offshore. Sentiment has a direct impact on people’s lives as it can manifest itself in increased investments that can result in job creation,” the President said.

President Ramaphosa stressed that this rising confidence would have a tangible impact on the country’s fiscal health. 

“Improved investment sentiment will benefit our country’s fiscus. A stronger economic outlook will improve South Africa’s credit rating, which in turn will facilitate greater access to global capital markets and lower our borrowing costs. 

“When we spend less money on debt servicing costs, government has more space to increase its expenditure on building public infrastructure and providing education, healthcare, basic services and social support,” the President said. 

President Ramaphosa noted that improved sentiment had strengthened the currency, lowering the cost of imports like oil, which in turn reduces fuel prices and the overall cost of living for South Africans.

“Increased business confidence attracts higher levels of private investment in the economy. When investors are more optimistic about their business prospects, they are more likely to invest more capital and expand their existing operations. Improved confidence also encourages the start-up of new businesses. 

“More business activity creates more jobs and opportunities for our people. As businesses grow, they need to hire more employees and are able to increase wages,” the President said. 

President Ramaphosa explained that when people feel secure in their jobs and income, they spend more, boosting economic activity and increasing government revenue. 

He attributed the improved sentiment to the successful transition to the new administration, which enjoyed broad support and ongoing reforms that were addressing key economic and social challenges.

Another key development has been the country’s successful efforts to resolve the energy crisis.

“The country has had more than 200 days without load shedding. This has made a considerable difference to the lives of citizens and the operations of businesses. This work has also unlocked unprecedented levels of investment in the energy sector,” President Ramaphosa said. 

Reforms in the logistics sector were also gaining momentum, with improvements in the operational performance of the nation’s port and rail networks. These advances are expected to boost not only economic activity but also the everyday lives of South Africans.

While President Ramaphosa acknowledged that economic growth has yet to accelerate, he expressed optimism that the government was laying a solid foundation for long-term progress. 

“It is still early days for the Government of National Unity. The growth of our economy is still to pick up pace. However, a firm foundation is being laid, our growth prospects are being revised upwards and we are heading in the right direction,” the President said. 

The President concluded by emphasising the importance of maintaining this momentum. 

“It is clear that the improved confidence of the South African people and the positive sentiment among investors are well-founded.

“Our task now is to work together to further encourage hope and optimism by making a real and substantial difference in the lives of all South Africans," he said. – SAnews.gov.za

 

DikelediM
Mon, 10/14/2024 - 11:29

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Read moreImproved sentiment is rooted in real economic progress – President

Minister attributes Eskom performance to hard work

Location: News

Minister attributes Eskom performance to hard work

Minister of Energy and Electricity, Dr Kgosientsho Ramokgopa, has lauded the performance of Eskom and its fleet over the past two months, as not a "miraculous” act but a testament to science, leadership and the workforce of the State-owned company.

Ramokgopa was speaking during a media briefing on the implementation of the Energy Action Plan, held at the Lethabo Power Station in the Free State on Monday.

On Sunday, the power utility marked 200 consecutive days of not implementing load shedding.

READ | Eskom records 200 consecutive days of no load shedding

“There was an effort to ensure that at a station level, we get people with the right skills, credentials, people with the opposite experience to be able to help us to resolve that challenge. 

“[The team] identified about six stations that are responsible for about 70% of the losses. There’s a great deal of science that the board and the executive team applied in the resolution of this question. So, this is not an act of miracle (sic)…. It’s steeped in science and the team was able to fashion a cogent response,” he said.

He praised the leadership and ongoing efforts shown in all spheres to turn around the power utility.

“When we dissect these 200 consecutive days of no load shedding, there’s an appreciation that there are multiple elements – some not in your face – that contributed to this. [What] I want to put first and foremost is the issue around leadership.

“Someone had to be in the leadership of executing that. Leadership is key…[and] sacrosanct to the resolution of any problem. 

Eskom is an exceptional template and illustration of what can be achieved if we were to invest in leadership,” Ramokgopa said, adding that tackling the load shedding question also required finding the right people with the right skills.

“What the team did was to ensure that all the critical vacancies are filled. The team could do that on the back of an Eskom that is performing but also on the back of the fiscal support that was received from National Treasury. 

“Leadership stability and not just stability but appointing the right people with the right credentials and not only that, but ensure there’s alignment in relation to their credentials and where you assign to discharge their responsibilities,” he said.

Energy Availability Factor 

Although the Minister praised the Eskom team, he warned that there is more work to be done to completely eradicate load shedding.

“When we come to a period in our life here in South Africa, and I suspect it will be very soon, where we stop celebrating and counting the number of 'no load shedding' days, then that will represent a major victory for us. The fact that we are celebrating this, it means that we [are] still in an awkward place. We are not necessarily out of the woods yet, so we will not tell any lies or claim easy victories.

“This generation recovery has not necessarily reached its full potential. We are on the right path and all matrices are pointing to a positive performance. In fact, we are far exceeding where we expected to be at this time. We still have an ambition of achieving that 70% [Energy Availability Factor] by 2025 and the team is on course to do exactly that,” Ramokgopa said. – SAnews.gov.za

NeoB
Mon, 10/14/2024 - 10:42

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Eskom records 200 consecutive days of no load shedding

Location: News

Eskom records 200 consecutive days of no load shedding

Eskom has recorded 200 days without implementing load shedding in South Africa, with the last day of load shedding being on 26 March this year.

The power utility on Sunday said the implementation of the Generation Operational Recovery Plan has yielded a reduction of [about] 8.6% in unplanned outages, and an improvement in the Energy Availability Factor by [about] 7.7%.

“The plan is projected to contribute to a potential 2% growth in the South African economy and improve Eskom’s financial performance for the financial year 2025,” Eskom said.

Eskom Group Chief Executive Dan Marokane called it a “significant moment”.

“We are in an incredibly exciting industry at a moment of tangible change. In preparation for a competitive electricity market, this is a significant milestone to ensure energy security and attracting investment to South Africa. 

“We are days away from a further milestone that demonstrates the stability of our fleet... We are on track to reach 206 days [on Saturday] without load shedding, a result we last delivered five years ago on 15 October 2019,” Marokane said.

The power utility’s Group Executive for Generation, Bheki Nxumalo, praised Eskom officials for the work they have put in to address load shedding. 

“The dedication of all Eskom employees has been crucial in driving these positive outcomes, and their contributions are clearly reflected in today’s results. 

“We wish to convey our thanks to all our employees for reaching this achievement and we recognise that this is the result of immense hard work and time spent away from friends and families to deliver a national imperative in a high pressure turnaround environment,” Nxumalo said.

Eskom Board Chairperson, Mteto Nyati, explained that when it came in, the board conducted an “independent investigation and consulted with power station management using a data-driven approach to create the Generation Recovery Plan”. 

“Today’s achievement is a testament to the dedication and hard work of our entire team in implementing this plan. It demonstrates that with the right leadership, strategic planning and unwavering commitment, we can overcome even the most daunting challenges. 

“Eskom’s journey towards a stable and reliable power supply is well on track, and we remain focused on sustaining this progress for the benefit of all South Africans.

“The Eskom Board is grateful for the support and collaborative efforts of all our key stakeholders, including government and the National Energy Crisis Committee (NECOM) members, who enabled us to reach this milestone today,” Nyati said. – SAnews.gov.za

NeoB
Sun, 10/13/2024 - 09:42

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200 days of loadshedding suspension leads to predictions of 2% GDP growth for South Africa

Location: Business

Sunday, 13 October 2024: Eskom has today successfully delivered 200 consecutive days of uninterrupted power supply since 26 March 2024 as a result of the Generation Operational Recovery Plan. This plan has not only reduced unplanned outages by ~8.6% and improved the Energy Availability Factor (EAF) by ~7.7%, enhancing the reliability of our generation fleet,...

Read more200 days of loadshedding suspension leads to predictions of 2% GDP growth for South Africa

African Energy Chamber Reaffirms Commitment to Host AEW in Cape Town Through 2030

Location: Business
African Energy Chamber

The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of the African energy sector – is proud to announce that the African Energy Week (AEW): Invest in African Energy conference remains committed to hosting the African continent's most successful energy event in Cape Town. AEW was established in 2021 under the premise to make energy poverty history by 2030 and, now in its fourth immensely successfully edition, we remain devoted to keeping the event at Cape Town's International Conference Center (CTICC) until 2030. 

Africa Oil Week (AOW) recently confirmed it will hold its 2025 edition in Accra, Ghana, and while we wish them the best in their endeavors, the Chamber is steadfast in its commitment to hosting AEW – the continent's premier energy event – in Cape Town. In 2021, AOW made the decision to take its conference to Dubai, citing the fact that Africa was not equipped to host a large-scale conference in a safe manner due to the COVID-19 pandemic. AOW claimed that the event is focused on supporting Africa's needs, and yet the decisions to leave Cape Town for Dubai contradicted this very ambition. 

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event. 

What AEW sought to prove, and was successful in doing, is that Africa has always been capable of hosting large-scale events. Under very strict COVID-19 safety measures, AEW 2021 hosted delegations from both the African and global energy sector. In 2022, the conference attracted thousands of delegates, while in 2023, the conference supported an even bigger and better event. When Africa needed investment, AEW was quick to respond, providing a platform where stakeholders could meet, and deals be made. 

Now, in 2024, AEW: Invest in African Energy continues our mandate to eradicate energy poverty by 2030 and serves as the official meeting place for Africa's energy elite. At the forefront of the African energy industry, the conference promotes the role Africa plays in global energy matters, centered around Africa-led dialogue and decision making. That's why we remain committed to Cape Town, a city that represents an industrial, business and socioeconomic hub for the entire African continent. Furthermore, AEW's focus transcends South Africa, with the event recognizing and supporting the development of various oil and gas projects across the continent.  

South Africa, and notably Minister Gwede Mantashe and the Department of Mineral Resources and Energy have been steadfast supporters of AEW since its inception in 2021. Through our partnership with the City of Cape Town and the government, we have created numerous job opportunities in Cape Town, contributing significantly to the local tourism industry and Cape Town-based vendors alike. We remain committed to our promise to position Cape Town as the hub for oil, gas and energy discussions in Africa. 

We reaffirm our pledge to maintain AEW's presence in Cape Town, rather than relocating to Dubai or other destinations outside of Africa. Our focus is on addressing key issues surrounding the African energy sector, ensuring that South African service providers, small business, local enterprises and stakeholders continue to benefit from our efforts. AEW not only generates jobs, but also stimulates economic growth. 

As the largest energy conference in Africa, we acknowledge the challenges faced by Cape Town and are dedicated to making a positive impact on the community. 

Meanwhile, outside of South Africa, the continent is seeing monumental growth. In Senegal and Mauritania, first production is soon expected for the Greater Tortue Ahmeyim conventional gas development while Senegal, just this year, achieved first oil production, thus showcasing the potential for offshore exploration and production investment. In Uganda, progress continues to be made on the Lake Albert Development, a multi-faceted project that promises new opportunities for energy security and industrialization in East Africa. In the Republic of the Congo, marginal projects are making headway as the government prioritizes gas investment and development while Libya recently announced that oil production has reached 1.217 million barrels per day. 

Meanwhile, South Africa's neighbor, Namibia, has made a litany of major oil and gas discoveries since 2022 and is making significant strides to develop these major finds. Mozambique is gradually making progress with its three major gas projects, opening new opportunities for regional trade. All of these projects and many more are showcased at AEW: Invest in African Energy, with investment opportunities made clear to existing and potential investors. AEW promotes the African position on the future of Africa's energy sector. By advocating personal responsibility, free markets, individual liberty and an enabling environment for investors, AEW ensure that Africa's oil and natural gas industry benefits Africans, rather than continuing a reliance on foreign aid and assistance.  

Therefore, we stand wholly committed to leveraging all Cape Town has to offer, a city that has been good to every edition of our conference since 2021. At the CTICC, we will continue to host panel discussions, investor forums, industry summits and one-one-one meeting opportunities and driving the discussions that will reshape the trajectory of the continent's energy development. 

“The Chamber is unwavering in our commitment to hosting AEW in Cape Town, a city that embodies the spirit of opportunity and innovation. The city is a hub for Africa's energy dialogue and, by staying here, we reinforce our mission to make energy poverty history by 2030. Cape Town has proven to be a premier venue for fostering critical dialogue and investment in Africa's energy sector and we believe that this vibrant city is the perfect backdrop for our mandate. Together, we will continue to drive progress and empower local stakeholders for sustainable growth,” states AEC Executive Chairman NJ Ayuk. 

Distributed by APO Group on behalf of African Energy Chamber.

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Happy 200 Days – As Loadshedding Suspension Remains in Force

Location: Business

Friday, 11 October 2024: The Generation Operational Recovery Plan continues to deliver on-going structural improvements and efficiencies to the coal fleet, successfully keeping loadshedding suspended for 198 consecutive days and providing uninterrupted power supply since 26 March 2024. Eskom will reach 200 days of loadshedding suspension on Sunday, 13 October 2024, a period that includes...

Read moreHappy 200 Days – As Loadshedding Suspension Remains in Force

SA’s G20 Presidency a significant moment for the country’s young democracy, says Lamola

Location: News

SA’s G20 Presidency a significant moment for the country’s young democracy, says Lamola

International Relations and Cooperation Minister Ronald Lamola believes that South Africa’s G20 Presidency will be a significant moment in the country’s young democracy. 

“After the [2010] World Cup and the collective fight we mounted as a nation against COVID-19, it will be our biggest national project,” he said on Friday. 

The Minister was speaking during his keynote address at the Mapungubwe Institute for Strategic Reflection (MISTRA) Conference, in Sandton, Johannesburg.

South Africa will assume the G20 Presidency from Brazil in December this year. 

READ | SA committed to prioritising Africa’s development during G20 Presidency

President Cyril Ramaphosa announced that the theme of South Africa’s Presidency will focus on solidarity, cooperation and sustainable development.  

According to Lamola, South Africa plans to prioritise discussions on the Just Energy Transition, financing for development, transforming global financial structures, infrastructure development, and other critical issues. These include artificial intelligence, food security, and the debt trap.

“We must reverse the uneven distribution of resources for just transition. It is inconceivable that Africa receives less than 3% of the global climate change financing, while being the most affected continent. We will advocate for more resources to be allocated to Africa for climate change.” 

On Thursday, International Relations and Cooperation Director-General (DG) Zane Dangor emphasised South Africa’s commitment to prioritising Africa’s development and equality during its G20 Presidency.

Dangor, who also serves as South Africa’s G20 Sherpa, was speaking during a consultation meeting on the G20 with his African Union Commission (AUC) counterpart, Ambassador Albert Muchanga. 

He stressed that South Africa would place Africa’s development at the top of the agenda.

The DG said he hopes that South Africa’s G20 Presidency will bring to the fore the needs, not just of African countries, but other developing nations as well.

“The idea of strengthening the voice of the South is going to be very critical,” said Dangor. – SAnews.gov.za

Gabisile
Fri, 10/11/2024 - 13:24

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AEW 2024 Ministerial Lineup to Foster Strategies to Alleviate Energy Poverty in Africa

Location: News
African Energy Chamber

Energy and hydrocarbon ministers from across Africa have joined the African Energy Week (AEW): Invest in African Energy conference to discuss investment opportunities while engaging with financiers and project developers. Representing the entire energy value chain from oil and gas to renewable energy to power and infrastructure, regional ministers will unpack the continent's strategies to make energy poverty history by 2030.  

North African countries such as Libya and Algeria have set ambitious production targets for the coming years, aiming to plug Europe's energy gap while enhancing domestic energy access. Libya aims to boost output to 2 million barrels per day (bpd) in the next two to three years while Algeria aims to produce over 1.5 million bpd in 2025. Meeting production goals requires accelerated exploration, with both countries promoting investments in upstream drilling. At AEW: Invest in African Energy 2024, North African energy and hydrocarbon ministers will provide insight into these opportunities. They are joined by ministers representing global and African oil and gas organizations, including:  

  • Khalifa Abdulsadek, Minister of Oil & Gas, Libya 
  • Mohamed Arkab, Minister of Energy and Mines, Algeria 
  • Haitham Al Ghais, Secretary General, OPEC 
  • Omar Farouk Ibrahim, Secretary General of APPO 

In Southern Africa, the region is ripe with opportunity. An estimated 11 billion barrels has been found off Namibia's coast since 2022; over 100 trillion cubic feet (tcf) of gas found offshore Mozambique; and an estimated 200 tcf likely held onshore South Africa. While Angola - the second largest oil producer in sub-Saharan Africa – still offers significant potential in both on- and offshore basins, Southern African countries such as Zambia are largely underexplored, presenting strategic opportunities for exploration companies. At AEW: Invest in African Energy 2024, Southern African energy and hydrocarbon ministers will outline strategic basins and upcoming projects. Speakers include:  

  • Carlos Zacarias, Minister, Ministry of Natural Resources & Energy, Mozambique 
  • Diamantino Pedro Azevedo, Minister of Mineral Resources and Petroleum, Angola 
  • Gwede Mantashe, Minister, Ministry of Mineral Resources and Energy, South Africa 
  • Kgosientsho Ramokgopa, Minister of Electricity, South Africa 
  • Situmbeko Musokotwane, Minister of Finance and National Planning, Zambia 
  • Tom Alweendo, Minister of Mines and Energy, Namibia 

Recent offshore projects have positioned West Africa as a global hydrocarbon hotspot. Mauritania and Senegal's Greater Tortue Ahmeyim LNG project will start production this year, following the start of operations at Senegal's Sangomar Oil Project in mid-2024. Nigeria's Dangote Refinery – the largest in Africa at 650,000 bpd – recently secured a 400,000-bpd feedstock supply from the government a year after its start while Ivory Coast's Belaine project – the first net-zero upstream development in Africa – plans to commence phase two operations this December. Regional ministers will provide an update on ongoing projects, future investments and efforts to unlock additional reserves at AEW: Invest in African Energy 2024. Ministers include:  

  • Aboubacar Camara, Minister of Energy, Hydropower and Hydrocarbons, Guinea Conakry 
  • Birame Soulèye Diop, Minister of Energy, Oil and Mines Republic of Senegal 
  • Chief. Adebayo Adelabu, Minister of Power, Federal Republic of Nigeria 
  • Collins Adomako-Mensah, Deputy Minister of Energy in Charge of Power, Ghana 
  • Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), Nigeria 
  • Foday Mansaray, Director General, PDSL 
  • Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), Nigeria 
  • Matthew Opoku Prempeh, Minister of Energy, Ghana 
  • Mohamed Ould Khaled, Minister of Petroleum & Energy, Ministry of Petroleum, Mines & Energy, Mauritania 
  • Nani Juwara, Minister of Energy and Petroleum, The Gambia 
  • Viriato Luis Soares Cassama, Minister of Environment & Biodiversity, Guinea-Bissau 
  • Yacouba Zabré Gouba, Minister of Energy and Mines, Burkina Faso 

Central Africa – with major producers such as Equatorial Guinea, Gabon and the Republic of Congo – are inviting investors to support diversification efforts in production and refining. Leveraging natural gas, these markets aim to unlock reserves in both domestic and regional basins while boosting export capacity and intra-African trade. The Republic of Congo exported its first LNG cargo in 2024 from the Tango FLNG facility, targeting 3 million tons per year by 2025, while Equatorial Guinea forged an agreement with Nigeria to import and process gas at its Punta Europa facility. At AEW: Invest in African Energy 2024, regional ministers will outline these initiatives, while sharing insight into available opportunities in natural gas. Ministers include:  

  • Antonio Uburu Ondo, Minister of Mines and Hydrocarbons, Equatorial Guinea 
  • Bruno Jean-Richard Itoua, Minister of Hydrocarbons, the Republic of Congo 
  • Marcel Abeke, Minister of Petroleum, Republic of Gabon 

As a frontier market, East Africa is incentivizing exploration in both on- and offshore basins while driving infrastructure and field development projects forward. Uganda inked a deal with Ethiopia in 2024 to export crude via pipeline while South Sudan is seeking diversified export routes and promoting exploration onshore. Regional ministers will share more insights at AEW: Invest in African Energy 2024. Speakers include:   

  • Ing Habtamu Itefa Geleta, Minister of Water and Energy, Ethiopia 
  • Okasaai Sidronious Opolot, Minister of state for Energy, Ministry of Energy and Mineral Development, Uganda 
  • Puot Kang Chol, Minister Petroleum, South Sudan 

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.  

Distributed by APO Group on behalf of African Energy Chamber.

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3rd Project Steering Committee Meeting on Conserving Aquatic Biodiversity in Africa’s Blue Economy

Location: News

The African Union – Interafrican Bureau for Animal Resources (AU-IBAR)
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The third Project Steering Committee (PSC) meeting of the "Conserving Aquatic Biodiversity in Africa's Blue Economy" project took place on October 9, 2024, in Mombasa, Kenya. The meeting aimed to update stakeholders on project progress, discuss difficulties, and provide strategic guidance for the future. The meeting included discussions on the 2023-2024 work plan, no-cost extension activities, adopted recommendations, and strategic recommendations for future project implementation.

The opening session was chaired by Dr. Huyam Salih, Director of AU-IBAR, on behalf of H.E. Ambassador Josefa Sacko, Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment. Dr. Salih welcomed participants and expressed gratitude to the Government of Kenya and the Swedish International Development Cooperation Agency (SIDA) for their continued support.

In his statement, Dr. Joachim Beijmo, Head of Regional Development Cooperation in Africa at the Swedish Embassy to the African Union, emphasized the importance of the Blue Economy for livelihoods and food security across Africa. He highlighted Sweden's commitment to aquatic biodiversity conservation and development cooperation across many sectors, with the Blue Economy being a key priority. Dr. Beijmo underscored the potential of the Blue Economy to improve livelihoods and noted that the sustainable management of aquatic ecosystems is a global concern. He welcomed the growing interest from diverse stakeholders, including local communities, and emphasized the importance of cooperation among institutions to maximize synergies. However, he also warned about the increasing threats to ecosystems, such as overfishing, and reaffirmed Sweden's commitment to expanding Marine Spatial Planning (MSP) initiatives and supporting local communities in conservation efforts.

Dr. Ndiaga Gueye, Senior Fisheries and Aquaculture Officer at FAO's Regional Office for Africa, commended AU-IBAR for its achievements in aquatic biodiversity conservation and called for continued efforts in this critical area. He pointed out the vulnerability of oceans and inland waters and noted that the fishing industry is at a crossroads. Dr. Gueye stressed the need for greater investment in capacity building to achieve Sustainable Development Goal (SDG) 14, which focuses on life below water. He also highlighted the importance of international agreements, which can take time to implement, and emphasized the essential role of the private sector in the sustainable management of aquatic resources. Access to data, knowledge sharing, and enhanced communication were identified as key enablers for achieving these goals.

In his remarks officially opening the meeting, Mr. Rodrick Kundu, Secretary of the State Department for Blue Economy and Fisheries, Kenya, highlighted the challenges faced by aquatic ecosystems, including pollution and the impacts of climate change, which have severely undermined the productivity of fisheries resources. He stressed that when the productivity of these resources declines, the livelihoods of millions of people, especially those dependent on fisheries, are negatively affected. Mr. Kundu acknowledged Kenya's leadership in promoting the Blue Economy, citing its role in high-level initiatives such as the Blue Growth concept and its participation in the High-Level Panel for a Sustainable Ocean Economy. He also noted the significant benefits Kenya has gained from the project, particularly in terms of capacity building among local communities.

Solidarity Messages from the Regions

Representatives from the five regions of Africa shared insights on their countries' progress in aquatic biodiversity conservation:
- Uganda: Ms. Grace Namukasa, representative of the Ministry of Agriculture, Animal Industry, and Fisheries, highlighted Uganda's achievements in transboundary aquatic ecosystem management. She emphasized the importance of regional cooperation to address challenges in aquatic biodiversity and noted Uganda's commitment to sustainable resource management.
- Côte d'Ivoire: Mr. Yao N'da Firmin, Director of Blue Economy and Coastal Environment, underscored the critical role of fisheries in food security in West Africa. He explained that Côte d'Ivoire has implemented systems for managing biodiversity and is currently working on its second Marine Spatial Planning (MSP) project. Mr. Firmin emphasized the need for integrated strategies to enhance the conservation of aquatic biodiversity and adapt to emerging challenges.
- Cameroon: Prof. Paul Tchawa, Secretary General of MINEPDED, discussed Cameroon's National Strategy on mangrove conservation and climate change adaptation. He stressed the importance of solidarity and complementarities among African countries to defend their shared interests in aquatic resource conservation.
- South Africa: Mr. Belemane Semoli, Chief Director of Aquaculture and Economic Development, reiterated the significance of sustaining aquatic biodiversity for mitigating climate change and promoting sustainable development. He highlighted that maintaining biodiversity is essential for both aquatic ecosystems and human life, providing energy, food, shelter, and livelihoods. Mr. Semoli noted South Africa's Marine Spatial Plan and Ocean Plan, which recognize the contributions of all sectors, and identified the challenge of balancing conservation with realizing the socio-economic benefits of the Blue Economy.

Technical Sessions and Presentations

Key presentations covered the progress of the project, recommendations from the PTC, the project's no-cost extension activities, and budget updates. The PSC members endorsed the presentations and commended AU-IBAR for the significant achievements made so far.

Emerging Issues and Recommendations

Several important issues were raised during the meeting, including the need for:
- A second phase of the project to ensure sustainability and broader coverage across Africa.
- Increased collaboration with regional institutions to strengthen capacity-building efforts.
- Greater private sector involvement to support the long-term sustainability of the project.
- Addressing the challenges of plastic pollution and expanding training programs to replicate the project's successes in other regions.

The PSC members endorsed the recommendations from the 3rd PTC and approved the work plan for the no-cost extension. They recommended the preparation of a comprehensive report on the 3rd PSC meeting and requested AU-IBAR to share its exit strategy with PSC members. They also urged AU-IBAR to begin preparations for a second phase of the project and to enhance partnerships with both regional institutions and the private sector.

The meeting concluded with closing remarks from Dr. Huyam Salih, AU-IBAR Director, as well as representatives from Uganda and SIDA. SIDA noted the significant progress made, the valuable recommendations provided, and the strong leadership demonstrated throughout the project. FAO acknowledged the relevance of the successful recommendations shared during the exchanges.

In her vote of gratitude, the president of AWFISHNET emphasised the importance of women's participation in the initiative. A government officer from Kenya formally ended the meeting. The significance of ongoing communication with member nations was stressed by Mr. Rodrick Kundu in his concluding remarks. He emphasised the significance of establishing mechanisms for cross-border cooperation, bringing project initiatives down to the local level, and keeping partnerships and accountability at the forefront of the project's objectives. At its third meeting, the Project Steering Committee (PSC) reaffirmed AU-IBAR's dedication to protecting aquatic biodiversity in Africa and fostering long-term growth in the Blue Economy across the continent.

Distributed by APO Group on behalf of The African Union – Interafrican Bureau for Animal Resources (AU-IBAR).

Read more3rd Project Steering Committee Meeting on Conserving Aquatic Biodiversity in Africa’s Blue Economy

SA Petroleum Company Bill to be submitted to Parliament

Location: News

SA Petroleum Company Bill to be submitted to Parliament

Cabinet has approved the submission of the South African National Petroleum Company (SANPC) Bill of 2024 to Parliament. 

The Bill provides for the establishment of a state-owned company, giving effect to the Cabinet decision of 10 June 2020 to merge PetroSA, South African Gas Development Company (iGas) and the Strategic Fuel Fund Association. 

“Local refining capacity in South Africa is largely held by international oil companies (IOC), which poses a risk to security of liquid fuels as IOCs are shutting down refineries. 

“The proposed Bill positions the company as the national champion that will hold oil and gas exploration rights on its own and hold shares through State carry method in privately held rights,” Minister in The Presidency Khumbudzo Ntshavheni said on Thursday in Pretoria during a media briefing. 

In addition, Cabinet has approved the publication of the draft Petroleum Products Bill for public comments.

“The purpose of the Bill is to ensure security of petroleum products and orderly development of the petroleum products sector, including the introduction of modern, cleaner products and renewable components which will improve the energy mix. 

“The Bill will contribute towards the government priorities on economic transformation and job creation in the South African petroleum products sector governance and will address several concerns that were raised in relation to the administration of the Petroleum Products Act, 1977 (Act 120 of 1977),” the Minister said.

Meanwhile, Cabinet has approved the submission of the draft Mine Health and Safety Amendment Bill to Parliament. 

“The draft Bill seeks to amend the Mine Health and Safety Act, 1996 (Act 29 of 1996) by streamlining administrative processes, strengthening enforcement provisions, reinforcing offences and penalties, and amending certain definitions. 

“The draft Bill will, among others, guarantee that health and safety standards are effectively implemented, enforced and improved in mines, thereby reducing fatalities, injuries and occupational diseases,” the Minister said. - SAnews.gov.za
 

nosihle
Thu, 10/10/2024 - 12:16

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African Energy Week (AEW) 2024 National Oil Companies (NOC) Lineup to Unlock Project, Partnership Opportunities in Oil and Gas

Location: News
African Energy Chamber

African energy demand is projected to more than double by 2050, with fossil fuels anticipated to account for up to 60% of the continent's energy mix by 2040. This trend highlights the growing importance oil and gas will continue to hold in Africa. In partnership with international oil companies and private E&P firms, the continent's national oil companies (NOC) are responding to this projection by prioritizing fast-tracked project development, promoting collaborative exploration and production to bring new reserves online.

The upcoming African Energy Week (AEW): Invest in African Energy conference – scheduled for November 4-8 in Cape Town – features a strong lineup of African and global national oil companies (NOC). This lineup reflects a strong intention by NOCs to collaborate, unlock additional reserves and drive oil and gas projects forward across both emerging and mature markets in Africa.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.

Southern Africa has yielded some of Africa's biggest oil and gas finds in recent years. Namibia – which featured a string of offshore finds since 2022 – has rapidly emerged as an oil and gas hotspot, with Galp Energias' Mopane discovery estimated to hold 10 billion barrels alone. In South Africa, the 2019 Brulpadda discovery accounted for 10% of the overall discovered volumes in Africa that year while the Luiperd find accounted for 80% of the continent's volumes discovered in 2020. Mature producers such as Angola also continue to unlock additional reserves, with ExxonMobil announcing a discovery at the Likember-01 research well in Block 15 this year. At AEW: Invest in African Energy 2024, Angola's NOC Sonangol, Namibia's NAMCOR and South Africa's SANPC will speak on these discoveries and future opportunities.

East Africa is one of the world's final frontiers for oil and gas exploration, with major discoveries made in recent years showcasing the potential for billion-barrel projects. In exploration, offshore basins in Tanzania have shown trillions of cubic feet of gas while onshore acreage in Uganda holds the promise of new oil supplies. While various cross-border infrastructure projects, LNG facilities and field developments are underway, the region offers significant potential for exploration. During AEW: Invest in African Energy 2024, East African NOCs including the Tanzania Petroleum Development Corporation; Uganda National Oil Company; and National Oil Company of Malawi will unpack this potential, sharing insight into ongoing projects and untapped investment opportunities.

Contrastingly, West Africa holds some of the biggest oil and gas producing markets on the continent. These include the Republic of Congo – which is diversifying its energy matric through billion-dollar gas investments; Equatorial Guinea – which is diversifying LNG feedstock through agreements signed with regional neighbors; and Gabon – which aims to boost production to 220,000 barrels per day. Concurrently, markets such as Cameroon, Liberia and Ivory Coast hold strategic potential for exploration firms, with recent finds underscoring opportunities in frontier drilling. At AEW: Invest in African Energy 2024, NOCs to the likes of Société nationale des pétroles du Congo; GEPetrol; Gabon Oil Company; and Ghana National Petroleum Corporation are participating. Additionally, the National Hydrocarbons Corporation of Cameroon; the National Oil Company of Liberia; and Petroci have joined.

While West African countries account for a large share of African hydrocarbon production, the same can be said for North Africa, with Algeria representing the largest natural gas producer in Africa. The country's production measured over 100 billion cubic meters (bcm) in 2023, with ambitions to exceed 200 bcm in production over the next five years. During 2024, up to 8 oil and gas discoveries have been made, with the NOC Sonatrach signing several exploration agreements with the likes of TotalEnergies, ExxonMobil and more to unlock additional basins. Sonatrach is participating at AEW: Invest in African Energy 2024.

In addition to African NOCs, global counterparts including the respective NOCs of Saudi Arabia and Azerbaijan have also joined the conference to discuss investment opportunities, future collaborations and how knowledge-sharing can support the next generation of oil and gas projects. Saudi Aramco, for example, which represents one of the biggest gas producers worldwide, offers a wealth of expertise for African NOCs. Similarly, the National Oil Company of the Azerbaijan Republic, an expert in refining and infrastructure development, stands ready to support Africa as it scales-up domestic refining capacity.

Distributed by APO Group on behalf of African Energy Chamber.

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Macpherson welcomes appointment of DDG Lwazi Mahlangu

Location: News

Macpherson welcomes appointment of DDG Lwazi Mahlangu

Public Works and Infrastructure Minister, Dean Macpherson has welcomed Cabinet’s appointment of Lwazi Mahlangu as the Deputy Director-General for Governance, Risk and Compliance within the department. 

The appointment follows the Ministers intention to fill critical vacancies within the department which has seen acting officials for a number of years.

“Mr Mahlangu’s appointment will go a long way to bring leadership and stability to a critical division within the department as we work to build a strong foundation to end corruption and improve service delivery,” Macpherson said on Thursday.

This as Mahlangu’s appointment was announced at a post Cabinet media briefing addressed by Minister in the Presidency Khumbudzo Ntshavheni on Thursday.

“Mr Mahlangu brings a wealth of experience to the position, having previously served in it in an acting capacity, and over the years he has earned the respect of public officials.

“Together with other actions we are taking in the department such as the readvertisement of Deputy Director-General positions and the reform of the Human Resources Department, I believe that we are building a professional public service within the department,” he said. 

Within 100 days in office, Minister Macpherson has taken decisive action to stabilise the public service within the department having appointed Carmen-Joy Abrahams as Acting Deputy Director-General of Corporate Services to addresses concerns about irregular practices. 

Abrahams has also been asked to complete a skills audit of all those in the Senior Management Service of the department to ensure it has the skills necessary to fill full its mandate. 

Following the closure of applications for further senior positions, Minister Macpherson said the department will move with speed to conduct interviews and take those outcomes to Cabinet.

“There is truly a new energy within the Department of Public Works and Infrastructure to take action to stabilise the department and improve service delivery. 

“We will build on this momentum to implement meaningful reforms within the department to turn South Africa into a construction site and use public assets for public good. Let us build South Africa,” Macpherson said. – SAnews.gov.za

 

Edwin
Thu, 10/10/2024 - 15:05

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DPWI Minister reflects on 100 days in office

Location: News

DPWI Minister reflects on 100 days in office

Public Works and Infrastructure Minister Dean Macpherson has reflected on the work done in his department since coming into office 100 days ago.

The Minister’s focus has been on building a firm foundation in order to turn the country into a construction site and use public assets for public good.

Macpherson was appointed Minister of Public Works and Infrastructure on 3 July 2024.

Measures the Minister has implemented over the past three months include:

  • Reforming and strengthening the role of Infrastructure South Africa to become a single point of entry for all priority infrastructure projects to ensure that they are completed on time and within budget.
  • Meeting with a large number of financial institutions, technical advisory and construction specialists to drive new interest in the country’s construction book.
  • Tackling maladministration and corruption head-on by launching investigations into failed public sector construction projects, such as the nearly R1 billion that was spent on the Telkom Building projects in Tshwane.
  • Working with municipalities such as Tshwane, eThekwini and Cape Town to establish technical task teams between the cities and the department to address problem State-owned buildings, and to work together to use State assets for the public good.
  • Finalising two orders in Cape Town to remove people who have invaded State-owned properties at the Castle of Good Hope and the Waterloo properties to ensure the properties are used for the public good.
  • Tackling the construction mafia by organising an urgent summit in KwaZulu-Natal to develop a comprehensive response to the construction mafia with Ministers in the law enforcement cluster, and Public Works Members of the Executive Council (MECs) across the country.
  • Improving oversight of property management by moving the Prestige Unit, which was responsible for the Nkandla scandal, back to Director General’s office, and removing the ability of officials to spend up to R20 million without Accounting Officer approval.

The Minister said while a lot of progress has been made to bring stability to the department, these efforts need to be accelerated to turn the country into a construction site and use public assets for public good in order to grow the economy and create jobs. 

“South Africans urgently need to start seeing the fruits of our interventions. I applaud the government officials and stakeholders in both the public and private sector, who have worked tirelessly with me over the past three months. There is truly a new energy within the department to deliver on our mandate.

“In the weeks and months ahead, we need to expedite our efforts to ensure that we get shovels into the ground, so that communities across the country can see the fruits of our work in practice. 

“In the weeks and months to come, there will continue to be difficult decisions we have to make, but the choices we make today will be to our advantage in the future,” the Minister said. – SAnews.gov.za

Edwin
Wed, 10/09/2024 - 11:00

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Can Africa Secure Its Future in a Changing Energy Landscape?

Location: News

AOW: Investing in African Energy
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The pipeline of gas projects being developed in Africa has never been stronger. However, if the continent is to be competitive in an extremely dynamic international gas market, it must ensure that it offers value. 

This means shaping an offer that meets the financial and environmental sustainability needs of stakeholders. Africa's gas investment proposition must be relevant and future-proof, if it is to continue to attract global capital. 

This was the consensus at a panel discussion on Day 1 of AOW: Investing in African Energy – Africa's leading oil, gas and energy event. 

Over the past few years, gas development ambitions have grown – in the public and private sector – supported by renewed exploration and production activity and pragmatic energy transition plans. This is especially true now, with gas increasingly accepted as the ideal bridging fuel, balancing the continent's growing energy needs with its decarbonisation commitments. 

“Natural gas is at the centre of what we are doing in Africa,” said Mario Bello, Head of Sub-Saharan Africa Region at Eni. “It's the cleanest fossil fuel, producing fewer emissions than coal, so it plays an important role as we transition to renewables.” 

Eni enables this through its Floating Liquified Natural Gas (FLNG) projects, particularly in Mozambique and the Republic of Congo. Bello emphasised the technology's ability to unlock stranded offshore gas resources, accelerate project timelines, and contribute to both domestic energy security and export revenue. “Floating LNG is the key to unlocking the region's gas potential, making it easier and faster to develop offshore resources,” Bello explained.  

However, financing these ambitious projects remains a significant hurdle. Paul Eardley-Taylor, Head of Oil & Gas, Southern Africa, at Standard Bank, emphasised the need for bankable projects that address investor concerns, particularly around sovereign risk. He highlighted the transformative potential of both large-scale LNG projects and smaller, domestically focused gas ventures.  

“The impact of these projects in African markets is incalculable,” Eardley-Taylor said, citing the potential for job creation, economic growth, and improved energy access. He further emphasised the importance of small-scale LNG and helium projects, particularly in markets like South Africa and Namibia.  

Equinor's Senior Vice President for Africa, Nina Birgitte Koch, stressed the importance of a stable investment climate to attract international capital. She highlighted the need for competitive projects with strong environmental credentials, particularly in reducing carbon emissions. “CO2 is the key criteria,” Koch said. “It's not just a ‘nice to have' any more. I don't think it's possible to get capital to a big LNG project unless it's highly competitive when it comes to CO2."  

The panel also discussed the critical role of technology and regional cooperation in maximising the benefits of Africa's gas resources. Gianluca Ciricugno, Africa Director, Enterprise Customer Solution at Baker Hughes, emphasised the need for a long-term vision and collaboration between governments, investors, and technology providers.  

“It requires a broader vision, probably government and all the people around the table, with a long-term approach… and not just four-year terms,” Ciricugno urged, highlighting the need for stable regulatory frameworks and a commitment to infrastructure development.  

Dr Tshepo Mokoka, Group COO of South Africa's Central Energy Fund (CEF), echoed the call for government intervention to address market failures and unlock investment. He outlined CEF's role in enabling critical gas infrastructure projects, such as the Romp pipeline and LNG import terminals. “We need to solve the market failure,” Dr Mokoka said, highlighting the need for government-backed gas offtake agreements and risk-sharing mechanisms to attract private capital.  

ExxonMobil's Executive Director Global, LNG Marketing, Deri Irawan, emphasised the importance of a holistic approach to project development, considering not just the technical and economic aspects but also the social and political landscape. He highlighted the need for strong partnerships and stakeholder engagement to ensure long-term project success. “It is insufficient to just bring a commodity to the doorstep,” Irawan explained. “You also need to unlock that value chain.” 

With Africa on the cusp of a gas revolution, the panel's message was clear: the continent has the resources, the ambition, and the opportunity to become a major player in the global gas market. 

However, success hinges on creating a stable and attractive investment climate, embracing technological innovation, and fostering regional collaboration to ensure that Africa's gas resources benefit both its people and the planet.  

Distributed by APO Group on behalf of AOW: Investing in African Energy.

Owned by Sankofa Events, AOW (https://apo-opa.co/3ZVcWNe): Investing in African Energy is Africa's leading oil, gas & energy event, uniting industry leaders to develop policy, share discoveries, secure investment, and shape Africa's energy future. The event runs from 7 – 10 October 2024 at the CTICC 2, Cape Town. 

Read moreCan Africa Secure Its Future in a Changing Energy Landscape?

Carbon pricing poses threat to economies of developing countries

Location: News

Carbon pricing poses threat to economies of developing countries

While South Africa is committed to the decarbonisation agenda, Deputy Minister of Forestry, Fisheries and the Environment Narend Singh has raised concern that a carbon price to the production of emissions-intensive goods could exacerbate inequality, poverty and unemployment in developing countries.

“There are many hurdles which industry will be confronted with in their efforts to decarbonise, particularly in developing countries such as South Africa. Key for us is to take the necessary key steps to transition, without adversely affecting the competitiveness of such industries and leaving no one behind,” the Deputy Minister said on Tuesday.

He made these remarks during an Industry Conference on bridging compliance: Carbon Border Adjustment Mechanism (CBAM), environmental, social, and governance (ESG) and the South African metals and engineering sector.

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) in collaboration with the Danish Industry (DI) hosted the conference. 

It was attended by senior government officials, industry leaders, policy makers as well as sustainability experts who explored the intersection of the looming CBAM and ESG reporting requirements from the European Union and how this is likely to affect the metals and engineering sector which is an export intensive sector. It is also a heavy emitter of greenhouse gas emissions.

ESG sustainability reporting requirements by business, point to responsible business conduct that includes taking measures to lower pollution, and carbon dioxide (CO2) output, and reducing waste.

“We remain concerned that outside of multilateral processes such as the United National Framework Convention on Climate Change (UNFCCC), discussion and agreement [on] the CBAM policy design of using market principles to cut GHG [greenhouse gas] emissions will create a direct impact on developing countries’ such as South Africa, exacerbating inequality, poverty and unemployment. This we should take all measures to guard against,” Singh explained.

Carbon border adjustment mechanisms (CBAMs), or border carbon adjustments (BCAs), are mechanisms that aim to increase the consistency in the application of carbon pricing between goods produced in different jurisdictions but traded between those jurisdictions.

Most commonly, they involve a jurisdiction that applies a carbon price to the production of emissions-intensive goods, such as through an emissions trading system (ETS) or carbon tax, seeking to apply an equivalent carbon price to imports of those goods from overseas jurisdictions.

Carbon cost liability, reflections

Practically, this could mean that South African exports of carbon-intensive goods would face an extra carbon cost liability in some jurisdictions.

“The Department of Forestry, Fisheries and the Environment has been actively engaged in the decarbonization of the steel sector. As you are well aware, the steel sector, is one of the hard to abate sectors, and is highly energy intensive.

“The department, in collaboration with the Department of Trade, Industry and Competition and in partnership with the Organization for Economic Cooperation and Development (OECD), has been working closely with industry association, the South African Iron and Steel Institute (SAISI), and industry partner, ArcelorMittal, together with other players, to determine what may be the low hanging fruit for a low carbon transition.

“The entire value chain has to be reflected upon - both upstream and downstream players. This is work in progress, and indeed comes with its own set of challenges, in the form of necessary research and development, capacity development, and the much-needed capital investment,” Singh said.

Green steel

He mentioned green hydrogen, as an option for the production of green steel.

“Sectoring scrap metal market as input material for the steel sector to lower the carbon footprint, would be another option. Refurbishment of existing technology and investment into new and energy efficient technologies are other options.

“Downstream industries are also faced with competition on imports. Therefore, compliance and enforcement are important, and so is the provision of the necessary legislative measures,” the Deputy Minister said.

Just Transition

South Africa recognises the need for climate action to be centred on a Just Transition, meaning a transition to net-zero carbon emissions society that accommodates the needs of workers and communities, which may be negatively affected through the loss of jobs or activities as a result of a move to a lower carbon economy.

“The Climate Change Act, which was signed into law by President Ramaphosa in July 2024, sets out South Africa’s national climate change response, including mitigation and adaptation actions, which also constitutes South Africa’s fair contribution to the global climate change response.

“The Climate Change Act enables the alignment of policies that influence South Africa’s climate change response, to ensure that South Africa’s transition to a low carbon and climate resilient economy and society is not constrained by policy contradictions.

“The Climate Change Act also sets out measures to enhance South Africa’s ability and capacity over time to reduce greenhouse gas emissions, and build climate resilience, while reducing the risk of job losses, and promoting new job opportunities in the emerging green economy,” said the Deputy Minister.

He added that the Nationally Determined Contributions (NDC) for South Africa have been informed by peak, plateau and decline in terms of carbon emissions reduction.

The NDC cover adaptation, mitigation as well as finance and investment requirements and is based on equity.

READ | Comments sought draft First Biennial Transparency Report

“The recent Bid Window of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the work of the Just Energy Transition (JET), green hydrogen generation, are key steps in a positive direction.

“South Africa remains committed to stabilising the GHG concentration in the atmosphere and contribution to the global temperature goal of keeping temperature well below 2 °C and pursuing efforts to 1.5 °C below preindustrial levels in line with the principle of common but differentiated responsibility and respective capabilities (CBDR-RC),” he said. -SAnews.gov.za

nosihle
Wed, 10/09/2024 - 09:04

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Government discussing reduction in administered prices, including petrol

Location: News

Government discussing reduction in administered prices, including petrol

Government is in discussions to intervene in the reduction of administered prices, including the petrol price, in South Africa.

This is according to Minerals and Petroleum Resources Minister Gwede Mantashe, who was delivering the welcome address at the Africa Oil Week 2024 on Tuesday in Cape Town.

Mantashe explained that the price of fuel directly influences the cost of living for South Africans.

“If the fuel price goes up, the cost of living goes up, which is not good for our society. To make life more affordable for all South Africans, we have already begun discussions on reducing administered prices, including the price of fuel and electricity. Included in the discussions of fuel prices are discussions on, but not limited to, the general fuel and the Road Accident Fund levies.

“In the fuel price, there is the general fuel levy, there is the Road Accident Fund linked to the price of fuel. Our argument is that you are distorting the price of fuel. Let’s find a formula of separating them and have the price of fuel visible, and when there is intervention in the fuel price, we can see it (sic),” the Minister said.

He said government intends to conclude those discussions “in the shortest possible time”.

Boosting economic growth

Mantashe said government is making concerted efforts to develop the country’s petroleum resources in an equitable way.

In that regard, he said, the Upstream Petroleum Resources Development Bill is ready for assent by President Cyril Ramaphosa after it was passed by both Houses of Parliament.

“This is the first of its kind in South African history as the Upstream Petroleum Industry has always been regulated as an appendage to other industries. 

“We are convinced that once the bill is enacted into law, it will not only pave the way for an orderly development of the Upstream Petroleum Industry but will boost the country’s economic growth to 8% as is the case with Namibia which increased its potential to double its economy by 2040 on the back of its recent discoveries of oil and associate gas,” he said.

The South African National Petroleum Company (SANPC) has also been established to “ensure that South Africans enjoy maximum benefits from their national patrimony, their petroleum resources” and to “carry the State share in petroleum projects and exploit some resources in its own right”.

“The [SANPC] Bill is undergoing Cabinet processes ahead of its onward transmission to Parliament for consideration and adoption. The enactment of the bill into law will enable the SANPC to operate as South Africa’s leading player in the petroleum industry, thereby ensuring energy security, foster partnerships, and propel economic growth on the back of petroleum resources.

“Additionally, the Petroleum Products Amendment Bill is also undergoing Cabinet processes for approval to publish for stakeholder comments. The bill seeks to, firstly, promote the transformation of the petroleum and liquid fuels sector by encouraging participation and equity; secondly, ensure that the persons involved in the manufacturing or sale of liquid fuels are regulated, and lastly, to ensure that the petroleum sector contributes to the country's economic development,” Mantashe said. – SAnews.gov.za

NeoB
Tue, 10/08/2024 - 11:12

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South Africa’s potential for oil and gas ‘significant’ – Mantashe

Location: News

South Africa's potential for oil and gas 'significant' - Mantashe

Mineral and Petroleum Resources Minister Gwede Mantashe says the discovery of gas and condensate from two exploration wells in the South Outeniqua Basin are proof that South Africa’s underexplored deep waters have significant potential for oil and gas.

The Minister was speaking during Africa Oil Week held at the Cape Town International Convention Centre.

“In the past two years, TotalEnergies, Shell and Galp have made eight discoveries across three blocks in Namibia’s Orange Basin, representing an estimated 3.5 billion barrels of potentially recoverable oil. 

“These discoveries have led to a huge interest by major petroleum companies since it is believed that the Namibian discoveries may be extending southwards into South Africa.

“The discoveries of gas and condensate from two exploration wells drilled in Block 11B/12B offshore in the South Outeniqua Basin have also proven that South Africa’s under-explored deep waters have significant potential for oil and gas, and thereby signalling a need to accelerate exploration efforts,” Mantashe said.

Commenting on the withdrawal of international energy giant, TotalEnergies, from offshore Block 11B/12B and 5/6/7, Mantashe insisted that development on the block still remains viable.

“[There] remains a good potential for other oil and gas players to partner with the remaining operator – MainStreet - and develop the block. 

“Contrary to the view that suggests that TotalEnergies withdrawal from the block is tantamount to lack of confidence, it is encouraging that the company is a major shareholder in 3 blocks North of South Africa’s Orange Basin in the deep to ultra-deep waters, and a 100% shareholder of another larger block that is 3 times the size of the 11b/12b in Southern Outeniqua,” he said.

According to the Minister, several exploration projects in the South African Orange Basin are “gearing up for development”. These include:
•    Preparation work for drilling exploration of the Deep-Water Orange Basis (DWOB) block operated by TotalEnergies.
•    Proposed drilling of an exploration well, with the option to drill up to four additional wells in Block 3B/4B.
•    The Northern Cape Ultra-Deep-Water Block has started with environmental authorisation processes for drilling.
•    The notable progress made on Block 5/6/7 with a potential to start drilling exploration in the block in 2026 targeting large oil and gas resources.

Mantashe said the risk for these projects is litigation against exploration and production.

“This has already affected two major seismic surveys to date, including Shell, which abandoned their survey and went on to discover oil and gas in Namibia, as well as ENI, which after being taken to court 47 times, left and went to discover oil in huge quantities in Côte d'Ivoire.

“The successful 3D seismic data acquisition in April this year by Searcher on South Africa’s west coast has proven that exploration of petroleum resources can be done successfully without any harm to the environment,” he highlighted.

The Minister gave a nod to the approval, by the Competition Commission, of government’s acquisition of the various assets that comprise the SAPREF [a joint venture between Shell Refining SA and BP Southern Africa] refinery, which is located in Durban.

“Government has, through the Central Energy Fund (CEF), concluded a transaction on the sale of assets at the SAPREF precinct. This acquisition has since been approved by the Competition Commission, thus reinforcing our efforts that seek to guarantee sufficient supply of petroleum products in the period where several refineries have been shut down prematurely. 

“Like Chevron and Petronas, Shell’s decision to divest from its downstream business operations in South Africa provides an opportunity for another investor, or major oil company, to take over the assets as the downstream sector will remain attractive for the foreseeable future, given the rise of hybrid vehicles.

“We appeal to the delegates at this conference and the investment community to continue investing in the development of oil and gas to enable a prosperous energy outlook for Africa, and promote sustainable development,” Mantashe said. – SAnews.gov.za

NeoB
Tue, 10/08/2024 - 11:13

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Deputy President concludes working visit to the United Kingdom

Location: News

Deputy President concludes working visit to the United Kingdom

Deputy President Paul Mashatile has on Friday concluded his weeklong working visit to the United Kingdom. 

The Deputy President was in the United Kingdom for the second leg of his working visit to improve trade and investment relations between the nations and woo investors following his travels to Ireland.

“The purpose of the visit was to identify new trade and investment opportunities to grow the South African economy in partnership with the United Kingdom,” the Presidency said in a statement. 

Some of the areas of interest he touched on during his engagement include government’s strategic priorities in several sectors including trade, investment, skills development, science, innovation, tourism and the Just Energy Transition.  

“Following the successful conclusion of elections in both countries, the establishment of new governments allowed for reaffirming bilateral relations at all levels for the two strategic partners,” the statement read. 

During the working visit, the Deputy President engaged with representatives from several organisations. These include Bloomberg Media, Brand South Africa, the London Stock Exchange, Investec, Standard Bank, JP Morgan, Citibank, Goldman Sachs and the South African Chamber of Commerce.

The talks also focused on showcasing South Africa as an investment destination of choice, by highlighting investment opportunities in the country.

He stressed the stability of South Africa’s political landscape as a result of the newly established Government of National Unity (GNU) and highlighted its significant demonstration of democracy at work and how it can serve as a model for other democracies around the world.

The Deputy President also had an opportunity to deliver an address on South Africa’s upcoming G20 Presidency, set to commence on 1 December 2024, at the University of London’s School of Oriental and African Studies (SOAS). 

“The Deputy President affirmed that the country will advocate for the needs of developing nations, to place Africa’s development at the forefront of the global agenda.”

The Deputy President met with British government leaders including the Deputy Prime Minister Angela Rayner, the Secretary of State for Energy Security and Net Zero Ed Miliband, and Secretary of State for Foreign Affairs, Commonwealth and Development David Lammy. 

He further paid a courtesy visit to Prince Edward, His Royal Highness the Duke of Edinburgh.

“Our numerous meetings with potential investors have revealed a shift in their attitudes and perceptions towards South Africa, indicating a positive look. Our alliance is based not on personal sentiments but on the aspiration to enhance South Africa and, consequently, the lives of our citizens, and be useful in sustaining the GNU administration for five years,” said the Deputy President.

The Deputy President was accompanied by the International Relations and Cooperation Minister Ronald Lamola, the Minister of Small Business Development Stella Ndabeni-Abrahams, the Minister in the Presidency responsible for Planning, Monitoring and Evaluation Maropene Ramokgopa and Minister of Public Works and Infrastructure Dean Mcpherson. 

He was also with the Deputy Minister of Agriculture Rosemary Capa, the Deputy Minister of Finance Dr David Masondo, Deputy Minister in the Presidency Kenneth Morolong and the Deputy Minister of Trade, Industry and Competition Andrew Whitfield. – SAnews.gov.za
 

 

Gabisile
Sat, 10/05/2024 - 13:42

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