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You are here: Home / Archives for Energy

Energy

26 September 2024

Ramokgopa attends BRICS Energy Ministers Meeting

Location: News

Ramokgopa attends BRICS Energy Ministers Meeting

The Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, has called on the BRICS Plus bloc of countries to work together to assist and support member countries to tackle energy challenges.

The Minister was delivering his opening remarks at the 9th Annual BRICS [Brazil, Russia, India, China and South Africa] Energy Ministers' Meeting in Moscow, Russia.

“We believe that this BRICS group of like-minded country members has a huge potential, and working together will strengthen this resolve through cooperation on energy security.

“[It will] also provide an opportunity to join efforts to annihilate the challenges diagnosed during the BRICS 2023 Summit held in South Africa, such as addressing the lack or absence of integrated energy policy framework, diversification and beneficiation at source of critical minerals, infrastructure development, manufacturing, technology transfer and intellectual property, scaling up energy efficiency, mobilisation of finance and investment, as well as skills and capacity building, amongst others,” Ramokgopa said.

He called on the member countries to “tap and dig deeper into various capabilities and strengths" to ensure mutual support in harnessing the individual potential each country has at its disposal.

“To mention a few opportunities, it is mining and beneficiation of critical minerals, and rare-earth elements required to power the green economy, [expand] hydro power potential, promising hydrogen solutions and its derivatives, gas, nuclear - including small modular reactors, renewables, storage, biofuels, as well as clean coal, and carbon capture utilisation and storage,” the Minister said.

Ramokgopa highlighted that the meeting of BRICS Energy Ministers comes at a critical time, as countries ponder ways to transition towards low carbon economies.

“This meeting comes at a critical phase where our countries are grappling with the challenge of balancing developmental goals with energy transition pathways. 

“We must ensure that these transitions safeguard energy sovereignty and security, promote sustainable economic development, facilitate universal access and respond effectively to environmental imperatives, all the while ensuring no one is left behind,” he said.

He told the meeting that the expansion of the BRICS bloc of countries is a “clear affirmation of the group's growing significance and influence in the global energy agenda”. 

“This is a pivotal moment, positioning BRICS to reshape, refocus, and reset the global energy architecture to ensure energy access, security, affordability, and eradicate energy poverty and promote a just energy transition.

“For us as South Africa, we see this as an opportune moment to clearly articulate our collective position as the developing nations that will enable us to continue to use our energy resources through innovative technologies that allow us to move from high emitting to low emitting energy systems, and thus achieve carbon-neutrality or net-zero at a pace and scale that is in line with our different national circumstances and capabilities.

“In this regard, we want to reiterate that our approach to an inclusive and people centred energy transition is informed by the need to maintain energy security in support of socio-economic objectives,” Ramokgopa said. – SAnews.gov.za

NeoB
Thu, 09/26/2024 - 14:42

231 views
Read moreRamokgopa attends BRICS Energy Ministers Meeting
26 September 2024

Eskom Using Recycled Coal Ash as an Alternative to Concrete

Location: Business

Thursday, 26 September 2024: In a first for South Africa, Eskom is leading the way in sustainable practices by incorporating recycled legacy coal ash into road construction at its Kusile Power Station in Mpumalanga. This innovative initiative, launched by Eskom Rotek Industries (ERI), aims to enhance operational efficiency while reinforcing Eskom’s commitment to sustainability. Eskom...

Read moreEskom Using Recycled Coal Ash as an Alternative to Concrete
26 September 2024

Protect Your Interiors With Window Tinting: The Hidden Benefits Unveiled by Window Art

Location: MyPR

Cape Town, Gauteng, and Lowveld — Window Art, South Africa’s leading vinyl frosting and window tinting company, is raising awareness of an often-overlooked solution that enhances interiors and protects valuable assets: professional window tinting. With more than 18 years of experience, Window Art serves businesses and homeowners, helping them improve privacy, save on energy costs, …

Read moreProtect Your Interiors With Window Tinting: The Hidden Benefits Unveiled by Window Art
26 September 2024

Waste to wealth: solutions for a sustainable future

Location: News

Waste to wealth: solutions for a sustainable future

By Deputy Minister Bernice Swarts

For decades, the rapid urbanisation and industrial growth experienced by many nations, had come at a high environmental cost. Landfills overflowed, plastic waste contaminated rivers and oceans, and emissions from improper waste disposal intensified the climate crisis.

The International Solid Waste Association (ISWA) Congress 2024, themed "Waste to Wealth: Solutions for a Sustainable Future," signalled a turning point, with the idea that waste could be transformed into wealth resonating deeply. 

The congress brought together global experts, policymakers, and business leaders to share cutting-edge practices in waste management and the circular economy. But more importantly, it showcased South Africa's commitment to turning its waste challenges into economic opportunities.

The government’s introduction of the Extended Producer Responsibility (EPR) Regulations and the accent of the Climate Change Bill into an Act marked a significant shift in how the nation approached waste. The EPR Regulations require manufacturers to take responsibility for the lifecycle of their products, from production to post-consumer waste. This policy forces businesses to rethink how they design, produce, and manage products, pushing them toward more sustainable practices.

The Climate Change Act further aligns the nation’s policies with its environmental goals. It ensures that South Africa’s response to climate change, particularly in transitioning to a low-carbon, climate-resilient economy is supported by robust legislation. This act not only aims to reduce greenhouse gas emissions but also promotes the creation of green jobs and investments in the emerging circular economy.

However, one of the most remarkable aspects of South Africa’s waste management evolution is the active role the private sector plays. While government policies set the framework, it is private companies that help drive real change. Faced with regulatory requirements, businesses are beginning to take ownership of their waste, investing in recycling technologies, sustainable product designs, and waste-to-energy initiatives.

The idea that waste could be a resource, rather than a burden, has begun to reshape industries. For instance, South Africa’s plastic manufacturing sector was forced to adapt to new requirements mandating the inclusion of recycled content in products. This sparked a wave of innovation, as companies began developing new methods to incorporate recyclates into their production processes. Similarly, the construction industry began embracing the reuse of demolition waste, reducing its dependence on raw materials and lowering its environmental footprint.

While these changes are promising, the waste crisis is still far from being resolved. This is due to municipalities across South Africa being overwhelmed and lacking the necessary infrastructure to handle the growing volume of waste. Many cities and towns have inadequate waste collection services, let alone the advanced recycling and waste-to-energy facilities needed to close the loop in a circular economy. Additionally, the waste management sector is in dire need of investment, and the ISWA Congress offered a unique platform for South Africa to engage with international experts and potential investors.

What made the congress particularly significant was its global scope. Waste management has long since ceased being a local problem; it is a global one, particularly in the fight against plastic pollution.
South Africa found itself in the unique position of contributing to international discussions on the issue, especially through its involvement in the development of a legally binding instrument on plastic pollution. The country is increasing its recycling capacity for plastic waste, and it supports global efforts to eliminate plastic pollution by regulating product design and prioritizing recyclates.

As South Africa prepares for its G20 presidency in 2025, the outcomes of the ISWA Congress took on even greater importance. The country has an opportunity to set the agenda on sustainability for some of the world’s most powerful economies. The government-to-government (G2G) session held during the congress provided a critical forum for sharing best practices with other nations, many of which were facing similar challenges. These exchanges were crucial, as they not only helped shape South Africa’s preparations for the G20 but also fostered greater international cooperation in addressing global waste and sustainability issues.

One of the most pressing priorities for the South African government remained job creation. The waste management sector, particularly through the circular economy, offers a promising avenue for addressing the nation’s high unemployment rate. Small, Medium, and Micro Enterprises (SMMEs) are already benefitting from government and private sector support to enter the waste management space.

Bernice Swarts is the Deputy Minister of Forestry, Fisheries and the Environment
 

Neo
Thu, 09/26/2024 - 10:09

331 views
Read moreWaste to wealth: solutions for a sustainable future
25 September 2024

Robotics, Coding, and Science Shows Light up the 44th Eskom Expo International Science Fair

Location: Business

Wednesday, 25 September 2024: Excitement filled the air as the 44th Eskom Expo International Science Fair (ISF) opened its doors, welcoming young scientists with an electrifying line-up of activities, including robotics and coding workshops, and riveting science shows. The opening of the ISF saw 308 South African young scientists, along with 18 international peers representing...

Read moreRobotics, Coding, and Science Shows Light up the 44th Eskom Expo International Science Fair
25 September 2024

Your Trusted Partner in the Mining Industry

Location: Business
RS South Africa

By Erick Wessels, Sales Director, RS South Africa (www.Africa.RSdelivers.com).

The mining industry is facing significant challenges, from financial pressures leading to reduced margins and demanding stakeholders adding to procurement costs. Success in such an environment requires partnering with a supplier that is collaborative, flexible, and forward-thinking. RS stands as the ideal partner to help businesses in the mining sector achieve their goals while saving time and money.

Optimising supply management

At RS, we are committed to enhancing your supply management performance to drive commercial success. Our suite of next-generation inventory, procurement, and maintenance solutions is designed to reduce costs and optimise productivity. Leveraging advanced data insights, we help you streamline your supply chain, refine your processes, and identify cost-saving strategies that reduce the total cost of ownership and boost operational efficiency.

Ensuring safety in hazardous environments

Whether open cut or underground, all mining operations present extreme dangers. With stringent Health and Safety regulations in place, the risks associated with dust and other hazards must be meticulously managed. Compliance with IECEx legislation is crucial, necessitating the use of intrinsically safe products. Given the hazardous and arduous nature of the mining industry, safety is of paramount concern. Therefore, reliable PPE and safety equipment specification are critical.

RS offers a rapidly expanding range of PPE and workwear from trusted local and global suppliers, designed specifically for the harsh environments of the mining industry. Our products ensure site safety and security with advanced locks, security alarms and sensors, CCTV, and surveillance systems. In addition, we provide innovative automation and control technology to safely manage and automate processes, including signalling, sensors, and industrial robots.

Advanced energy management

Economic and environmental challenges drive the need for maximum energy efficiency in the mining industry. With carbon net zero on the horizon, energy efficiency has become a crucial topic. Our products, services, and solutions are tailored to help mining clients reduce CO2 emissions and energy consumption, thereby lowering overall costs.

We collaborate with you to understand your specific needs and apply a suite of energy-efficient products and services expertly designed to simplify energy management. Our solutions, backed by digital expertise, leverage the latest in energy efficiency technology to minimise energy waste, reduce carbon footprints, and assist you to meet your energy efficiency targets. From LED lighting to energy meters, we provide the right products to achieve your energy efficiency, health and safety, and productivity goals.

Committed to environmental management

Mining, by its very nature, has a significant impact on the environment. The industry is making great strides to mitigate these effects and ensure healthy air, land, and water in the areas where they operate. RS offers a range of products and solutions to help you manage and minimise the environmental impact of your mining operations.

Partnering with RS gives you access to our comprehensive range of solutions designed to support your mission, enhance safety, optimise energy use, and reduce environmental impact. Together, we can navigate the challenges of the mining industry and achieve sustained success.

For more information about RS South Africa's initiatives and product range, visit their website (http://apo-opa.co/3ZE7ZYV) and follow them on LinkedIn (http://apo-opa.co/3Brll0x) for regular updates on their impactful work.

Mining brochure: https://apo-opa.co/3ZFt6ds
Mining Campaign: https://apo-opa.co/3ZE7ZYV

Distributed by APO Group on behalf of RS South Africa.

PR Contact Person - RS South Africa:
Princess Tlou
Communications & Content Specialist
RS South Africa
Princess.Tlou@rsgroup.com
+27 11 691 9366

Media Contact Person – NGAGE:
Thobile Ndlovu
PR Account Executive
thobile@ngage.co.za
+27 11 867 7763

Further information is available via these links:
LinkedIn: https://apo-opa.co/3XVkzSl
Facebook: https://apo-opa.co/3zvhhvU
Twitter: https://apo-opa.co/4dne5QT
RS Africa Exports: http://apo-opa.co/3XUE7q5
RS South Africa: http://apo-opa.co/3XVZ8k3
DesignSpark: http://apo-opa.co/4dsAjkA
RS Group plc: http://apo-opa.co/3ZDW6SX 

RS Group:
RS Group plc is a leading global omni-channel industrial product and service solutions provider to customers who are involved in designing, building and maintaining industrial equipment and operations, safely and sustainably. We stock more than 700,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 million customers. With operations in 31 countries, we trade through multiple channels and ship over 60,000 parcels a day.

We support customers across the product life cycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimising inventory in the maintenance phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.

RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2022 reported revenue of £2,554 million.

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Read moreYour Trusted Partner in the Mining Industry
25 September 2024

Nersa publishes Eskom’s revenue application for the next three financial years

Location: News

Nersa publishes Eskom’s revenue application for the next three financial years

The National Energy Regulator of South Africa (Nersa) on Monday published Eskom’s multi-year price determination (MYPD) revenue application up until 2028. 

According to Eskom, the application covers the power utility’s financial period beginning on 1 April 2025 to 31 March 2028. 

Eskom explained that it follows the MYPD methodology as prescribed by the regulatory authority.

“This methodology is now in its sixth application; hence the process is referred to as MYPD 6,” the statement read. 

Nersa will decide on the revenue Eskom can receive following its analysis and the regulator conducting a series of public consultations. 

Eskom believes that this application allows for an improvement in the financial sustainability of Eskom through the migration to cost-reflective prices and the successful operation of Generation, Transmission and Distribution in Eskom. 

“Further migration towards cost reflectivity to cover the full cost of capital would be considered in subsequent applications. This would minimise the impact on the taxpayers.”

In accordance with its revenue decision, Eskom said Nersa will then make tariff decisions for implementation from 1 April 2025. 

As per Eskom, it can only implement tariff decisions made by Nersa.

“We are entering the next phase of the regulatory process where Nersa will conduct an extensive public consultation about Eskom’s revenue application and we urge as many stakeholders as possible to become involved so Nersa can determine a key component in the funding of a constant electricity supply that drives economic growth and our quality of life for years to come,” said Chief Financial Officer of Eskom, Calib Cassim. 

Cassim stated that as Nersa makes its decision, it will consider affordability for identified vulnerable sectors including indigent customers and certain industrial sectors. 

“Eskom has made its revenue application based on the costs it will incur to efficiently provide electricity to the customer and it is a critical component in ensuring Eskom continues to provide reliable electricity services while improving its financial sustainability, through a migration to cost-reflective prices,” he added. 

The utility said it was applying for total revenues of R446 billion for the 2026 financial year, R495 billion for 2027 and R537 billion for 2028.

This translates to the proposed average price increases for Eskom direct customers are 36.15% (1 April 2025 to 31 March 2026), 11.81% (1 April 2026 to 31 March 2027) and 9.10% (1 April 2027 to 31 March 2028).

In addition to the MYPD 6 application, Eskom submitted a retail tariff plan (RTP) to Nersa outlining proposed structural changes, which are expected to be implemented from 1 April 2025 once all Nersa approval and governance processes are concluded.

“The RTP aims to introduce cost-representative pricing that supports the long-term sustainability of all participants in the electricity supply industry.” 

Nersa will consult with stakeholders on Eskom’s revenue application, as part of its decision-making process. 

Eskom is required to submit to the regulator the revenue it requires for Nersa to make its determination. – SAnews.gov.za
 

Gabisile
Wed, 09/25/2024 - 11:57

126 views
Read moreNersa publishes Eskom’s revenue application for the next three financial years
25 September 2024

Esports and Nutrition: How to Maintain a Healthy Diet for Optimal Performance

Location: MyPR

Think all athletes run or swim? Think again! In esports, athletes battle it out from the comfort of a chair! But don’t be fooled—esports demands serious stamina, razor-sharp reflexes, and unmatched focus. Hyprop MTN Shift Gaming Experience offers essential tips to help gamers optimise their nutrition for better performance and overall health. Whether you’re a …

Read moreEsports and Nutrition: How to Maintain a Healthy Diet for Optimal Performance
25 September 2024

‘We will not remain silent as apartheid is perpetrated against others’ – President Ramaphosa

Location: News

'We will not remain silent as apartheid is perpetrated against others' – President Ramaphosa

President Cyril Ramaphosa has told the United Nations General Assembly (UNGA) that South Africa will not remain silent and watch as apartheid is perpetrated against others.

In his address to the Assembly's annual high-level debate on Tuesday, President Ramaphosa said the South African story bears witness to the enduring role of the United Nations in global affairs. 

In supporting South Africa’s struggle for liberation, the President highlighted that the UN affirmed the principles of the UN Charter – fundamental human rights, the dignity and worth of every person, and the equal rights of nations large and small. 

“It affirmed the aspiration contained in the Universal Declaration of Human Rights that we should strive for a world free of barbarous acts that outrage the conscience of mankind.

“We South Africans know what apartheid looks like. We lived through it. We suffered and died under it. We will not remain silent and watch as apartheid is perpetrated against others. Through the United Nations and the instruments it wields, we must end this suffering,” the President said. 

He further reiterated South Africa’s call for an immediate cease fire, and for the release of all hostages.

He highlighted that the violence the Palestinian people are being subjected to is a grim continuation of more than half a century of apartheid. 

“The only lasting solution is the establishment of a Palestinian State, existing side by side with Israel with East Jerusalem as its capital,” he said. 

Earlier this month, The Presidency announced that South Africa is set to submit its Memorial to the International Court of Justice (ICJ) in October 2024, presenting evidence to support its claim that Israel is committing genocide in Palestine.

The Memorial will outline facts and arguments as part of a broader legal effort to hold Israel accountable under international law.

READ | SA to file Memorial to the ICJ on Israel matter

Addressing the conflicts in the Democratic Republic of Congo (DRC), Sudan, Yemen, Ukraine, and the Sahel region, the President highlighted the country's role in supporting international efforts for conflict resolution. 
“Our moral conscience further demands that we exert every effort to bring peace to the Democratic Republic of Congo, to Sudan, to Yemen, to Ukraine and to the troubled Sahel region. We must realise the aspirations of the people of Western Sahara to self-determination.”

He emphasised that achieving and maintaining peace and security requires the collective will of the community of nations.

Reform of the UN Security Council 

“It requires that the UN Security Council is representative and inclusive. Seventy-eight years since its formation, the structure of the UN Security Council remains largely unchanged. 

“Africa and its 1,4 billion people remain excluded from its key decision-making structures.  The Security Council has not fulfilled its mandate to maintain international peace and security,” he said. 

The President called for the UN Security Council to be reformed as a matter of urgency and become more inclusive so that the voices of all nations are heard and considered.

“Africa stands ready to play its part in building a safer global order. The African Union and its member states are engaged in mediation, dialogue, and diplomacy across the continent, to create conditions under which peace and development can take hold. 

“There must be greater collaboration between the AU [African Union] and the UN towards resolving these conflicts, and also in addressing their root causes,” he said. 

President Ramaphosa is leading South Africa’s delegation to the High-Level General Debate of the 79th Session of the General Assembly (UNGA79) in the United States of America.

The High-Level General Debate of the UNGA79 is taking place at the United Nations headquarters in New York, from 24 to 30 September 2024. 

Speaking at the African Minerals Forum hosted by the Business Council for International Understanding (BCIU) and Prosper Africa on Monday, the President emphasised the importance of the critical minerals sector in driving global economic growth and sustainability. 

By leveraging key sectors such as mining, energy, and manufacturing, the President said South Africa is set to improve its business environment and attract much-needed investment.
The President addressed the session on the sidelines of the UNGA.

READ | Critical minerals sector key to driving global economic growth

-SAnews.gov.za

 

DikelediM
Wed, 09/25/2024 - 09:55

376 views
Read more‘We will not remain silent as apartheid is perpetrated against others’ – President Ramaphosa
25 September 2024

Sungrow Wins 2024 Red Dot Design Award for Its Isolarcloud

Location: MyPR

Sungrow, a global leader in photovoltaic (PV) inverters and energy storage systems, proudly announces that it has been honoured with the prestigious 2024 Red Dot Design Award, often referred to as the Oscars of the design world. This accolade is awarded to Sungrow’s intelligent energy management platform, iSolarCloud. The innovative app empowers South African homeowners …

Read moreSungrow Wins 2024 Red Dot Design Award for Its Isolarcloud
24 September 2024

Critical minerals sector key to driving global economic growth

Location: News

Critical minerals sector key to driving global economic growth

President Cyril Ramaphosa has emphasised the importance of the critical minerals sector in driving global economic growth and sustainability. 

By leveraging key sectors such as mining, energy, and manufacturing, the President said South Africa is set to improve its business environment and attract much-needed investment.

He was addressing the African Minerals Forum hosted by the Business Council for International Understanding (BCIU) and Prosper Africa on the sidelines of the United Nations General Assembly (UNGA 79), in New York, USA, on Monday. 

He highlighted that four months ago, South Africa held national general elections, which ushered in a Government of National Unity, where 10 political parties have come together to coalesce around a common agenda for economic growth and sustainable development.

President Ramaphosa underlined South Africa's commitment to reducing greenhouse gas emissions and mitigating climate change through the country's Just Energy Transition Plan. This plan aims to guide the shift from coal to renewable energy, while also ensuring equitable economic opportunities for affected communities. 

“South Africa's and Africa’s critical minerals sector has a crucial role to play in this regard, and we recognise the importance of collaboration with other countries to develop the potential of our critical minerals sector. 

“The US in particular has established expertise in advanced mining technologies, automation and sustainability practices. 

“We want to strengthen our ties with US companies and institutions to foster technological advancements, enhance supply chain efficiencies and attract investment into our mining sector,” the President said. 

The President also emphasised that South Africa strongly endorses the United Nations Secretary-General’s position paper on Critical Energy Transition Minerals, where he highlights the importance of beneficiation, benefit sharing, local value addition and economic diversification.

“It would not be an understatement to say that the minerals that lie beneath the soil of Africa are powering the green energy revolution. Thirty percent of the world’s proven critical mineral reserves are found in Sub-Saharan Africa.

“South Africa has substantial reserves of platinum group metals, manganese, vanadium as well as chromium. 

“These resources are fundamental to the development of cutting-edge technologies that drive progress in various sectors. What will be critical is to ensure that this progress does not leave Africa behind,” he said.

The President stressed the need to avoid perpetuating colonial-era exploitation, where African countries primarily export raw minerals. He said that by focusing on beneficiation and domestic processing, African nations could see significant economic growth. 

President Ramaphosa highlighted that beneficiation and local processing of critical minerals could increase the continent’s GDP by 12% or more by 2050. 

He cited estimates suggesting that African countries could generate USD 24 billion annually in GDP and create 2.3 million jobs by investing in mining beneficiation and domestic processing.

President Ramaphosa highlighted the strides made by SASOL, South Africa’s flagship petrochemical company, in leading green hydrogen technologies research and development. 

“As the global automotive industry moves towards Electric Vehicles and New Energy Vehicles, we are leveraging our rich experience with automotive production to get some of the world’s leading automotive manufactures with a footprint in South Africa to produce more their green vehicles in our country,” he said. 

Despite improvements in the beneficiation of South Africa’s mineral exports, President Ramaphosa admitted that more needs to be done. 

He underscored the country’s commitment to creating a supportive policy framework for the critical minerals sector, focused on streamlining regulations, fostering innovation in mining technologies, building workforce skills, improving transport and logistics infrastructure, and incentivising investment.

South Africa's five-point policy approach aims to create a supportive environment for the critical minerals sector. This includes simplifying regulations, supporting research and development in mining technologies, investing in workforce skills, improving logistics infrastructure, and incentivising domestic and international investment. 

“South Africa also has a beneficiation strategy that seeks to translate the benefits of our country’s mineral endowments into a national competitive advantage. 

“As the UN Secretary-General’s paper has noted, Critical Energy Transition Minerals can transform economies, create green jobs and foster sustainable local, regional and global development,” he said. 

President Ramaphosa further stressed that for the potential of critical minerals to be fully realised, both mineral-producing nations and their end-user countries must embrace inclusivity. 

He emphasised the importance of creating decent work opportunities, eradicating exploitative practices such as child and forced labour, and ensuring human rights protections. 

Local beneficiation and industrialisation were highlighted as priorities, alongside environmental safeguards to ensure sustainable extraction practices. 

The President urged for a long-term focus on inter-generational equity, recognising that critical minerals are vital for solving global challenges like climate change, energy, and food insecurity. 

He called on US companies to collaborate in fostering sustainable development.

“By leveraging our respective strengths, pursuing strategic collaborations, and implementing supportive policies, we stand ready to meet the demands of the global market and drive sustainable development. 

“I call on US companies and investors to join us on our journey,” he said. – SAnews.gov.za

DikelediM
Tue, 09/24/2024 - 10:07

396 views
Read moreCritical minerals sector key to driving global economic growth
24 September 2024

NERSA Publishes Eskom’s Revenue Application for the Financial Years 2026 to 2028

Location: Business

Tuesday, 24 September 2024: The National Energy Regulator of South Africa (NERSA) published Eskom’s Multi-Year Price Determination (MYPD) 6 revenue application for the period of Eskom’s Financial Years (FY) 2026 to 2028 (1 April 2025 to 31 March 2028) on 23 September 2024. NERSA will consult with stakeholders on Eskom’s revenue application, as part of...

Read moreNERSA Publishes Eskom’s Revenue Application for the Financial Years 2026 to 2028
24 September 2024

President Ramaphosa urges US business to invest in SA’s growing economy

Location: News

President Ramaphosa urges US business to invest in SA’s growing economy

President Cyril Ramaphosa has called on US businesses to deepen their investment ties with South Africa, highlighting the country's renewed focus on economic recovery and structural reform. 

Speaking at the SA-US Interactive Business Forum in New York on Monday, the President emphasised the progress made under South Africa's Government of National Unity (GNU) and the vast opportunities available to foreign investors.

He said this is a “timely intervention”, referencing his first visit to the US since South Africa's general elections in May, which led to a coalition government of political parties committed to inclusive growth and job creation.

“The advent of the Government of National Unity has renewed investor optimism in the South African economy. The message I bring to US investors today is that this optimism is well-placed. 

“South Africa is firmly on the road to recovery, and we invite you to be part of this journey. Investments in South Africa are secure. Our business environment is stable. This is supported policy certainty and regulatory safeguards,” the President said. 

He added that South Africa intends to stay the course on the structural economic reform process, on scaling up investment in key infrastructure, and on improving the business operating environment.

The President noted South Africa’s success in attracting investment, revealing that the country had achieved its target of raising R1.2 trillion (approximately USD 63.6 billion) ahead of schedule in 2022. 

 “We have announced a new target of approximately R2 trillion or approximately USD 100 billion over the next five-year period up to 2028. 

“The far-reaching structural reforms we have implemented over the past six years have opened up the country to increased levels of investment that continues to grow,” the President said. 

Ramaphosa particularly underscored the potential in the clean energy sector, which has attracted significant investment, supporting South Africa’s commitment to decarbonisation and energy security. 

"We are equally committed to a Just Energy Transition that is inclusive, that take our developmental needs into account, and that leaves no community behind. 

“We have a supportive and enabling industrial policy that incorporates amongst others expanding the special economic zones, driving export-led growth, and harnessing the potential of the Africa Continental Free Trade Area or AfCFTA. In January 2024 we began preferential trading under the AfCFTA,” he said. 

The President emphasised that the Government of National Unity is furthermore committed to prudent monetary and fiscal policy and to strengthening regulatory and legislative frameworks to combat corruption.

The President also highlighted the importance of strategic partnerships with US businesses, especially in sectors like advanced manufacturing, energy, healthcare, and infrastructure. 

“South Africa and Africa is ripe for investment in financial services, advanced manufacturing, energy, healthcare, infrastructure development, mining, science and technology and other sectors. South Africa is also developing the value chains of the future.

“With substantial reserves of critical energy transition minerals, we are positioning ourselves to be at the forefront of the green energy revolution,” he said. 

He added that as the country with the world’s largest platinum group metal reserves, South Africa has a competitive advantage when it comes to the production of sustainable energy technologies, including electric vehicles, new energy vehicles and renewable energy components.

President Ramaphosa praised the collaboration between the New York Stock Exchange (NYSE) and Johannesburg Stock Exchange (JSE), following the 2022 Memorandum of Understanding. He stated that the partnership between the two stock exchanges “promotes cross-border investment and drives economic growth on a global scale.”

The President further highlighted the US as one of South Africa’s most valued trade partners, noting that bilateral trade totalled USD 17.6 billion in 2022. 

He also praised the impact of the African Growth and Opportunity Act (AGOA) in fostering trade and creating jobs in sectors like automotive, agriculture, and precious metals.

With Africa's population expected to reach 2.5 billion by 2050, President Ramaphosa painted a bright picture of the continent's economic prospects, noting that the African Continental Free Trade Area (AfCFTA) would "drive a wave of industrialisation and create dynamic regional value chains."

“This too presents opportunities for US businesses and investors, and opens up new markets for their goods, products and services. 

“Mutually beneficial trade and investment not only unlocks the dynamism and potential of an entire continent. It will also aid Africa’s efforts to achieve the Sustainable Development Goals,” the President said. 

In closing, President Ramaphosa reassured investors of the stability and security of investments in South Africa. 

“South Africa is open for business. Sustainable and inclusive growth spurs development and creates jobs.

“Together, we can forge a path to shared success and progress, leveraging our combined strengths to achieve enduring prosperity for our people,” the President said. – SAnews.gov.za

 

DikelediM
Tue, 09/24/2024 - 11:01

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Read morePresident Ramaphosa urges US business to invest in SA’s growing economy
24 September 2024

Kumi Naidoo Appointed President of Fossil Fuel Treaty Initiative

Location: News
Fossil Fuel Non Proliferation Treaty Initiative

As the Fossil Fuel Non Proliferation Treaty Initiative (https://FossilFuelTreaty.org/) embarks on a new phase of the campaign and the development of the global Treaty, the Initiative announced today the appointment of Kumi Naidoo, globally recognized South African environmental and human rights leader, as its new President. Naidoo brings over three decades of activism and leadership experience to the role, and will help spearhead the organization's mission to secure a global plan for a just, financed and equitable transition away from fossil fuels.

Kumi Naidoo, whose activism has its roots in South Africa's tumultuous political past, has been a leading voice advocating for climate justice, sustainable development, and human rights across the world. As former Executive Director of Greenpeace International and Secretary General of Amnesty International and CIVICUS, he has been at the forefront of pivotal movements shaping environmental policy and social justice.

In response to his appointment, Kumi Naidoo said: “Throughout my life, I have sought justice for those marginalized by unjust political, economic and energy systems, especially in the Global South. The Fossil Fuel Treaty embodies this mission—it is a movement for global justice. It recognizes that to effectively address the climate, health, environmental, economic and social risks posed by fossil fuels, we must foster international cooperation for a rapid and just transition away from these harmful resources, ensuring that countries, communities and individuals in the South are not left behind. We must bring together world leaders who are committed to protecting what we love and have the courage to take action—the governments leading this initiative are the ones already doing that.”

The World Health Organization (https://apo-opa.co/3ZwZmQ5) estimates that outdoor air pollution, largely caused by fossil fuel emissions, contributes to over 4.2 million premature deaths annually. From compromising health, security, and livelihoods to fueling conflicts globally, fossil fuels undermine all 17 UN Sustainable Development Goals (SDGs) (https://apo-opa.co/4dkGGGp). The scientific and economic evidence is clear: there can be no new fossil fuels in a healthy, thriving world.

“There are enough solutions out there in the world to transition away from oil, gas and coal, but that requires countries to stop expanding these projects and start focusing on clean, safe and fair energy sources. We need bold ideas, and this is the biggest new idea there is, and just at a time when the power and deception of the fossil fuel industry are finally being exposed, and countries are beginning to realize that we need to phase out fossil fuels. The Treaty is a blueprint for how to do that in a fair and equitable way. Later is too late. The race to see who will join the growing bloc of countries at the forefront of the solution is on; and the time to act is now.”, reinforced Naidoo.

Kumi Naidoo's strong commitment to equity and innovative approach to advocacy were celebrated by the members of the initiative's steering committee. They emphasized that these qualities are essential as the Fossil Fuel Treaty initiative enters a critical phase on the mission to unite countries to negotiate a new, binding global plan for a rapid and fair transition away from oil, gas, and coal. The Steering Committee also takes the opportunity to welcome a new Co-Chair, Reverend James Bhagwan, General Secretary of the Pacific Conference of Churches.

Tzeporah Berman, Chair and Founder of the Fossil Fuel Treaty initiative and a long-time environmental activist, commented on Naidoo's appointment: “I am thrilled to welcome Kumi Naidoo as the new President of the Fossil Fuel Treaty Initiative. Kumi's visionary leadership, deep understanding of global issues, and unwavering commitment to justice make him the addition we need to help guide our movement through this crucial phase of the campaign as we bring more governments on board. His passion for the cause and extensive experience in climate advocacy will be instrumental as we strive to unite nations and make this Treaty a reality. True leadership is measured by the courage to confront the bullies in the oil and gas industry, declare that their time is up, and create a clear plan for a sustainable future. The Treaty is that plan, and Kumi is one of those true leaders. He has done it before, from fighting apartheid to contributing to the negotiation of the Paris Agreement – and together we will do it again now, to address the greatest threat of our time. We are also thrilled to welcome Reverend James Bagwan as a Co-chair to the Initiative. Reverend James brings years of experience and crucial perspectives from the faith community and leadership from the South Pacific.”

Mohamed Adow, Founder and Director of Power Shift Africa, and member of the Fossil Fuel Treaty Steering Committee: “Africa – and the world – is burning, both literally and figuratively. The appointment of Kumi Naidoo as President of the Fossil Fuel Treaty Initiative brings strengthened inspiration to our movement, at a time when we can no longer accept weak leaders and their empty promises. We share the rage at the reality of climate impacts and energy poverty that plagues our continent. And we share a commitment to fight with those who bear the brunt of a crisis they have not created. Africans have been marginalized in the quest for justice, our rights violated and our contributions overlooked. With Kumi joining the leadership of this Initiative, we are set to amplify the vision and voice of our continent, and demand the change our people deserve. Accompanied by Rev James as Co-Chair it is clear that the Fossil Fuel Treaty is a marker of equity and justice in international negotiations.”

Tasneem Essop, executive director of Climate Action Network, and member of the Fossil Fuel Treaty Steering Committee: “As someone who participated in the transformative power of global solidarity during the anti-apartheid movement in South Africa, I welcome Kumi's appointment as President of the Fossil Fuel Treaty with great hope. In our historic struggles we have always defied the odds and succeeded. We must now believe again that we can fight the existential threat of fossil fuels through our collective action. Kumi's leadership will help contribute to building the kind of people-powered movement we need to safeguard our future. We must harness that spirit of solidarity to tackle the culprits of the climate crisis and protect our communities and our planet. Together with Rev James joining as Co-Chair, and with the entire leadership of the Fossil Fuel Treaty initiative, we can be optimistic about winning this fight for a just and fossil free future."

Reverend James Bhagwan, General Secretary of the Pacific Conference of Churches and new Co-Chair of the Fossil Fuel Treaty Initiative Steering Committee: ”I am deeply honored to be named the new Co-Chair of the Fossil Fuel Treaty Initiative Steering Committee. The call from communities, governments, and churches from the region that is spearheading the political call for a Fossil Fuel Non-Proliferation Treaty is a powerful affirmation of the just transition we urgently need. It also highlights the vital role that faith communities play in mobilizing climate action. The ecological transformation we seek through the Fossil Fuel Treaty requires that we abandon our self-centered attitudes and act collaboratively for the good of the collective. Together with other leaders in this movement, we must cultivate the will to do what is right and just, have the foresight to sacrifice immediate gains for the greater good, and inspire hope that we can leave our children a healthier and more sustainable world than the one we inherited."

The Fossil Fuel Treaty initiative aims to negotiate a binding global agreement to phase out fossil fuel production fast and fairly, aligned with scientific and economic consensus. As world leaders prepare for crucial negotiations this September in New York City, Naidoo's leadership is expected to elevate the urgency of this mission, rallying stakeholders across sectors, advocating for systemic change to protect our climate and communities.

Distributed by APO Group on behalf of Fossil Fuel Non Proliferation Treaty Initiative.

Media Contacts:
Nathalia Clark
nathalia@fossilfueltreaty.org
+5561991371229 (GMT-3)

Note to Editors: 
Kumi Naidoo is a human rights and climate justice activist from South Africa. He was Executive Director of Greenpeace International (from 2009 through 2015) (https://apo-opa.co/3ZGer1T) and Secretary General of Amnesty International (from 2018 through 2019) (https://apo-opa.co/3BcjSLM). Naidoo also served as the Secretary-General of CIVICUS, the international alliance for citizen participation, from 1998 to 2008. He was an activist against the apartheid regime and its educational system in South Africa. Naidoo's activism went from neighborhood organizing and community youth work to civil disobedience with mass mobilisations against the white controlled apartheid government. He has written about his activism in this period in his memoirs titled, “Letters to My Mother: The Making of a Troublemaker”.

He is available for interviews, and will be in New York City to attend Climate Week events from September 20th to 27th. Further details about the Fossil Fuel Treaty initiative can be provided upon request.

About the Fossil Fuel Treaty Initiative: 
The Fossil Fuel Non-Proliferation Treaty Initiative is spurring international cooperation to end new development of fossil fuels, phase out existing production within the agreed climate limit of 1.5°C and develop plans to support workers, communities and countries dependent on fossil fuels to create secure and healthy livelihoods. For more information on the Fossil Fuel Non-Proliferation Treaty Initiative and proposal, access here (https://FossilFuelTreaty.org/).

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23 September 2024

Chikunga hopeful of Women’s Forum recognition 

Location: News

Chikunga hopeful of Women’s Forum recognition 

Minister in the Presidency for Women, Youth and Persons with Disabilities, Sindisiwe Chikunga, says she is confident that the BRICS Women’s Forum will be recognised at this year’s Kazan Summit Declaration, scheduled to take place next month.

Chikunga made the remark as Russia prepares to host the BRICS Summit to be held in Kazan, from 22 to 24 October, after the country assumes the BRICS chairmanship in 2024.

This as the Minister led the discussions at the BRICS Women Affairs meeting held in Saint Petersburg, Russia.

READ | Chikunga arrives in Russia for BRICS Women Affairs Meeting

The meeting saw BRICS Member States discussing cooperation prospects in the fields of women’s leadership and enhancing the role of women in finance, agriculture, innovation, healthcare, creative industries, tourism, environmental safety, and the inclusive economy.

Speaking at the BRICS Women's Forum, which included the BRICS Ministerial Women’s Affairs Meeting on Friday, Chikunga congratulated the Russian Federation on assuming the Chairship of BRICS 2024, and the sterling work that it has undertaken to date.

“As you are aware, this forum of Ministers was first initiated in 2023 during South Africa's Chairship of BRICS. It is indeed encouraging to witness its growth under the stewardship of the Russian Federation's 2024 Chairship, and it will undoubtedly flourish under the future Chairship of fellow BRICS member states.

“We applaud Russia's choice of the theme 'Women, Governance, and Leadership' as a timely intervention that ensures this forum continues to amplify the voices, interests, and full representation of women across BRICS member states, promoting their meaningful participation at all levels of governance and decision-making.”

Chikunga also reflected on some of the key points that emerged during hybrid BRICS Ministers for Women Affairs held in December 2023, where the forum was recognised as a fundamental platform to elevate equality, women’s rights, economic autonomy, and empowerment; and to address major concerns related to women across the BRICS countries.

The forum also promotes mainstreaming of women’s issues across BRICS’ processes, priority areas, declarations and agreements; and provides a platform for the exchange of knowledge and best practices in advancing the current and future wellbeing of women and girls across BRICS.

“Our meeting recognised the tremendous progress that successive BRICS summits have produced in the areas of global governance, development, peace and security, energy, climate change, and social issues. We noted, however, that discussions in these areas would be further enriched by a ministerial meeting dedicated to women affairs.

“There was consensus on the potential of this forum to accelerate the implementation of existing commitments, principles, goals, and actions outlined in various international instruments on women. These include the Beijing Platform for Action (1995), the Convention on the Elimination of All Forms of Discrimination Against Women (CEDAW - 1979), UN Resolution 1325 (2000) on Women, Peace, and Security, as well as the UN [United Nations] Agenda 2030 and its 17 Sustainable Development Goals (SDGs),” Chikunga explained.

The meeting further agreed to support the acceleration of the implementation of the African Union Agenda 2063, with a particular focus on Aspiration 6, which promotes women's empowerment.

Asserting women’s interests

The Ministers also highlighted the need to assert women’s interests across the broader BRICS agenda, strengthen multilateralism, and synergise with the work of the BRICS Business Women’s Alliance to accelerate the mainstreaming of socio-economic priorities for greater inclusivity and equity.

“We acknowledge that this goal will be further enriched when we leverage our collective strength as the Global South, alongside robust people-to-people exchanges and cooperation within BRICS nations and across the African continent.

“A key highlight of the Johannesburg II Declaration was the recognition of the vital role of women and youth in trade and their potential to act as catalysts for industrialisation, infrastructure development, food security, agricultural modernization, sustainable growth, healthcare, and addressing climate change,” she said.

The Johannesburg II Declaration is a document that encapsulates significant BRICS viewpoints on matters of global economic, financial and political significance.

READ | BRICS adopts Johannesburg II Declaration

– SAnews.gov.za

GabiK
Mon, 09/23/2024 - 13:42

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23 September 2024

Celebrate Heritage Day at Rosebank Mall: Discover the Richness of African Culture at the Rosebank Art & Craft Market

Location: Entertainment, MyPR

Heritage Day is fast approaching, and there’s no better way to celebrate South Africa’s diverse cultural tapestry than by visiting the Rosebank Art & Craft Market. Located at Rosebank Mall on Cradock Avenue, this market is a treasure trove rich in African heritage, offering a unique opportunity for locals and tourists alike to immerse themselves …

Read moreCelebrate Heritage Day at Rosebank Mall: Discover the Richness of African Culture at the Rosebank Art & Craft Market
23 September 2024

Celebrate Heritage Day With These Braai-Lliant Desserts

Location: MyPR

Get ready to sweeten up your Heritage and Braai Day celebrations with three tasty desserts! These recipes are so delicious, they’ll have you saying “Mzansi fo sho!” faster than you can flip boerewors on the braai. Keegan Eichstadt, FUTURELIFE®? Marketing Manager believes that a braai without dessert is like a soccer game with no vuvuzela. …

Read moreCelebrate Heritage Day With These Braai-Lliant Desserts
22 September 2024

Fueling Your Fitness: Strategies for Weight Loss and Muscle Building

Location: MyPR

Achieving your fitness goals involves more than just spending time in the gym. From understanding your body’s nutritional needs to choosing the right supplements, creating a balanced routine that aligns with your goals is essential. Whether your focus is on weight loss or muscle building, finding the right combination of diet, exercise, and supplementation can …

Read moreFueling Your Fitness: Strategies for Weight Loss and Muscle Building
22 September 2024

Find your perfect 5km Start Wave at the Boxer Super Run in Tshwane!

Location: MyPR

The Boxer Super Run is set for an exciting debut in Tshwane on Sunday, 10 November 2024. Entrants can choose the start wave that best aligns with their running ability and race-day goals, ensuring that they fully enjoy South Africa’s most social 5km run. “The Boxer Super Run is a high-energy 5km road race that …

Read moreFind your perfect 5km Start Wave at the Boxer Super Run in Tshwane!
21 September 2024

Celebrating This Year’s 25 Under 40 Energy Women Rising Stars

Location: News
African Energy Chamber

As Africa's energy sector continues to grow, a new generation of women is breaking barriers and redefining leadership in this critical industry. The African Energy Chamber (AEC) (www.EnergyChamber.org) proudly announces the 2024 edition of the 25 Under 40 Energy Women Rising Stars – a group of outstanding individuals whose innovation, perseverance and passion are transforming the landscape of African energy. These trailblazers are not only reshaping a traditionally male-dominated field but are also playing a vital role in the journey to end energy poverty by 2030. The AEC proudly honors these women as they lead the charge toward a more sustainable and equitable energy future.

In alphabetical order:

Amena Bakr, Senior Research Analyst, Energy Intelligence

Amena Bakr is a Senior Research Analyst at Energy Intelligence. Specializing in the energy transition, corporate strategy and market analysis, Bakr leads insights on oil markets, OPEC policies and political trends in the Middle East and Gulf Arab region. Her previous roles include Chief OPEC Correspondent and Dubai Deputy Bureau Chief, where she earned accolades such as the OPEC Award for Best Journalist and the IAEE Excellence in Written Journalism Award. Bakr holds a BA in Business Administration from the Arab Academy for Science, Technology & Maritime Transport, Egypt.

Amoetsoe Mkwena, Senior Associate, Watson Farley & Williams (Middle East)

Amoetsoe Mkwena is a Senior Associate at Watson Farley & Williams, specializing in energy and infrastructure with a focus on Africa. She advises on international projects, including the $15 billion Simandou project in Guinea. Mkwena's expertise includes power, renewables, oil and gas, and mining. Her legal skills and ability to bridge cultural divides make her a key player in Africa's energy sector.

Asha Amani, General Manager, INTERAFCON

Asha Amani is the General Manager at INTERAFCON, where she blends strategy and leadership to drive growth in complex energy projects. With seven years in Industrial Engineering and five years in the energy sector, Amani excels in business strategy, opportunity identification and project management. Her previous role as a Business Development Consultant at Tetco Consulting focused on delivering tailored solutions for the energy, engineering, and construction sectors.

Blandine Biaou, Geological Engineer, Head of Research and Prospection Department, SNH-Benin

Blandine Biaou, Head of the Research and Prospection Department at SNH-Benin, specializes in hydrocarbon exploration. She has optimized Benin's energy sector through resource management and contract revisions. Biaou has developed a modern data center and interactive database, contributing to national projects and representing Benin in international conferences, positioning it as a hydrocarbon hub.

Charné Hollands, Deputy Editor, Energy Capital & Power

Charné Hollands is the Deputy Editor at Energy Capital & Power, the leading investment platform for the African energy sector. She produces content on the entire energy value chain in Africa, with a focus on oil, gas, renewable energy and energy policy. Hollands holds a Master's in Media Studies from the University of Cape Town and has co-authored African Energy Chamber: Road to Recovery.

Emokiniovo Dafe-Akpedeye, Managing Partner, Compos Mentis Legal Practitioners

Emokiniovo Dafe-Akpedeye, a leading dispute resolution lawyer, specializes in complex oil and gas cases. She has represented Shell Petroleum and serves as company secretary for the Ebendo Host Community Trust Board. With degrees from Oxford and Bristol, she shapes oil and gas law and is implementing digital solutions to streamline board operations.

Fatimat Adenike Olanrewaju, General Field Engineer, SLB

Fatimat Adenike Olanrewaju, a Chemical Engineering graduate, is a General Field Engineer at SLB, focusing on wellhead installations and emissions reduction. She excels in a male-dominated field and leads community service through SLB's SEED initiative, advocating for gender diversity and mentoring.

Gracia Munganga, Senior Technical Advisory, ABT Global

With a Master's degree in Chemical Engineering from the University of Cape Town, Gracia oversees operations for the company, which has been designing and commissioning solar PV systems across sub-Saharan Africa since 2018. Her career includes roles at GreenCape, Anaergia Africa, the Climate Innovation Centre South Africa (CIC-SA), and the Carbon Trust.

Ifeoma Adeoye, CEO, IMSE Energy Resources Limited

Ifeoma Adeoye, CEO of IMSE Energy Resources Limited, leads the company in EPCI services and innovative crude evacuation technology. A graduate of the University of Manchester and Warwick, she also founded Business Nest Investments and BNI Insurance Brokers Limited, to empower and protect people and businesses through microfinance and insurance.

Jamilla Massamba, Health Safety and Environment Manager, SLB Congo

Jamilla Massamba, Health, Safety & Environment Manager at SLB Congo, leads HSE initiatives across Africa. With a Master's in Environmental Management Sciences, she has conducted over 100 audits and received awards for her work. Massamba also mentors young women in STEM and leads green energy projects.

Janice Faria, CEO, Enagol: Energias de Angola

As CEO of Enagol, Janice Faria has elevated the company's national and international profile. Under her leadership, Enagol competes globally and services International Oil Companies, setting a precedent for local enterprises in the global market.

Jocelyne Machevo, Communication, Commercial & Marketing Manager, Vivo Energy Mozambique

Jocelyne Machevo, formerly with Eni Mozambique, played a key role in the Coral FLNG Project and led the company's local brand transformation. Now at Vivo Energy Mozambique, she focuses on energy transition and decarbonization projects.

Lilian Kamanja, Electrical Engineer, Kenya Power

Lilian Kamanja is a Renewable Energy Specialist at Kenya Power with over nine years of experience in electrical engineering, network operations, and renewable energy development. She holds a BSc from the University of Nairobi and an M.Tech from IIT Delhi, focusing on renewable energy projects that enhance power accessibility and reliability.

Kanni Touray, Deputy Director General, Petroleum Commission, The Gambia

Kanni Touray, The Gambia's youngest and first female Deputy Director General at the Petroleum Commission, has enhanced the organization's efficiency and visibility. She champions sustainable development and energy transition, positioning The Gambia as a growing player in the global energy market.

Lizette Bouddhou, Human Resources Manager, SLB Congo and Gabon SLB

Lizette Bouddhou, HR Manager at SLB Congo and Gabon, drives diversity and workforce development. She leads recruitment and training initiatives, boosts employee engagement, and advances community outreach through educational partnerships, supporting women in STEM.

Maggie Mutesi, Managing Editor, Mansa Media

Maggie Mutesi is the Managing Editor at Mansa Media, with over 15 years of experience in major media outlets including CNN, BBC and CNBC. Her reporting spans over 30 African countries, focusing on trade and investments. At the BBC, she managed BBC Africa's daily live program, Money Daily. Mutesi has also extensively covered the Africa Continental Free Trade Agreement, working with the African Union and Afrochampions Initiative to enhance awareness among Africa's private sector.

Marilia Sitoe, Subsea Engineer, Eni Rovuma Basin

Marilia Sitoe, a Subsea Engineer at Eni Rovuma Basin, focuses on optimizing Mozambique's gas sector. Her work includes deep-water gas production and subsea infrastructure for Coral South FLNG. Sitoe's research supports Mozambique's economic growth and sustainability goals.

Mervin Azeta, Engineer, SLB

Mervin Azeta, a leader at SLB, has advanced from field engineer to corporate strategist. Recognized for her impact on African communities and the global industry, she is active in non-profit boards and connects young Africans with top leaders, fostering learning and inspiration.

Munolwisho Elizabeth Ipangelwa, Green Hydrogen Advisor, GIZ

Munolwisho Elizabeth Ipangelwa, Green Hydrogen Advisor at GIZ, advocates for women in oil and gas and green hydrogen development in Namibia. She has educated over 200 Namibians and leads green industrialization studies to boost local industries and reduce youth unemployment.

Ozioma Agu, Partner, Stren & Blan Partners

Ozioma Agu, a Partner at Stren & Blan Partners, excels in high-profile energy and infrastructure transactions. Her work includes advising on Mobil and Shell divestments and renewable projects. Agu has earned awards for her expertise in oil and gas and green hydrogen.

Pauline Murari, Contracts Manager SLB Angola, Central and East Africa

Pauline Murari, Contracts Manager at SLB, is known for her negotiation skills and leadership. She has driven growth in SLB's regional portfolio and contributed to projects like the East African Crude Oil Pipeline. Murari supports STEM education and local development.

Pearl Enyam Akosua Akude, Business Line Job Delivery Lead, SLB

Pearl Enyam Akosua Akude, with over 35 wells drilled, is a leader in the energy sector. She handles complex projects, trains engineers, and has contributed to innovations like TerraSphere and Net Zero Development in Africa, impacting the region's energy landscape.

Rita Bagaine Kagoro, Talent Acquisition Manager SLB: Angola, Central and East Africa

Rita Bagaine Kagoro, a Ugandan Petroleum Engineer, has seven years of experience and holds degrees from China University of Petroleum and Delft University of Technology. Her roles include Measurements and Logging While Drilling Engineer and Drilling Product Engineer. Kagoro has innovated drilling technologies to enhance efficiency and reduce CO2 emissions. She is passionate about leadership, mentorship, and advocating for diversity in hiring and women in energy.

Tania Silva, CEO, Angola LNG Marketing

Tânia Silva is the CEO of Angola LNG Marketing, the company's first female and youngest CEO. She oversees LNG sales, liquids contracts, and the shipping fleet. Previously, Silva was Head of Non-Operated Assets at Sonangol Gás e Energias Renováveis, S.A., where she managed non-operated assets and contributed to renewable energy projects. Her career is marked by leadership and innovation in the energy sector.

Tokollo Matsabu, Women Leader in Energy & Climate Fellow, Atlantic Council

Tokollo Matsabu is a 2024 Women Leaders in Energy and Climate Fellow and Director at Patlong Advisory, a consulting firm focused on energy programs and carbon sequestration in Africa. She is pursuing an MS in Global Energy and Climate Policy at the University of London's School of Oriental & African Studies, with a focus on critical minerals. Matsabu has a background in financial journalism and has conducted risk analyses for various stakeholders in the Global South. She holds a Bachelor's degree in International Relations, Media and Writing from the University of Cape Town.

Distributed by APO Group on behalf of African Energy Chamber.

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20 September 2024

CLG Appoints Daoudou Mohammad as Director of Tax & Legal at Pointe-Noire Office

Location: Business
CLG

Supporting clients operating in the CEMAC region, trusted legal adviser Daoudou Mohammad has been appointed as Director of Tax & Legal at CLG's Pointe-Noire office (www.CLGGlobal.com). Mohammad brings a wealth of demonstrated expertise that will be instrumental to the law firm's Africa-wide practices, as the Republic of Congo and wider Central African region sees rapid growth in the energy sector.  

Mohammad holds over 15 years of experience in business and tax law, developing a solid competence in handling complex legal issues and providing effective client support. Prior to joining CLG, Mohammad served as Senior Manager at PwC's Tax & Legal Department in Pointe-Noire, managing the tax and legal coordination center for Francophone African countries, supervising quality and risk management operations, ensuring legal due diligence and supervising restructuring operations for groups of companies – including mergers and acquisitions and company transfers – among other key responsibilities.

Having also held a managerial role at PwC's South Africa office, Mohammad maintains an in-depth knowledge of different international systems and compliance with the highest standards of practice and service delivery, adapting to varied legal and cultural environments. Specializing in business, tax and labor law, as well as foreign exchange regulations and intellectual property, his multidisciplinary background represents a major asset to CLG and will enable the provision of integrated solutions to client needs and up-to-date advice on the latest legislative and regulatory developments. Mohammad holds a dual Master's Degree in Intellectual Property Law and Business Law from Cameroon's University of Yaoundé II.

The Republic of Congo is in the midst of a major investment drive, as it aims to accelerate oil and gas exploration and transform into a major LNG hub on the back of multiple large-scale LNG export projects and new exploration and appraisal drilling activities. To attract further investment and streamline regulatory processes, the country is launching a comprehensive gas code, recently approved a new Gas Master Plan led by national oil company Société nationale des pétroles du Congo, and plans to establish a dedicated national gas company. As a result, specialized tax, legal and regulatory advisory expertise is needed by companies operating in the Congo to navigate evolving energy sector legislation. 

CLG represents an experienced team of legal professionals, offering an in-depth understanding of African markets and a flexible and innovative approach to meeting the diverse needs of its clients. Serving as the preferred professional services partner in Africa, CLG is equipped to offer on-the-ground support across multiple sectors and has a rich history of spearheading transformative oil and gas transactions across the continent, providing top-tier legal services and strategic advice to clients across the energy spectrum, and guiding clients through complex regulatory landscapes and contractual negotiations. In addition to the Republic of Congo, CLG operates in South Africa, Nigeria, South Sudan, Mauritius, Ghana, Cameroon, Equatorial Guinea, Mozambique and Germany.     

“Navigating local laws, including taxation on oil and gas revenues, production-sharing agreements, and environmental regulations, demands thorough understanding to ensure compliance and optimize returns. We are excited to have Daoudou Mohammad head up CLG's tax and legal services in Pointe-Noire, who offers expert guidance on mitigating risks, avoiding costly legal disputes, and ensuring that investments are structured to meet both local obligations and international standards,” states Zion Adeoye, CEO of CLG.

Distributed by APO Group on behalf of CLG.

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20 September 2024

Mantashe welcomes decision on SAPREF asset acquisition

Location: News

Mantashe welcomes decision on SAPREF asset acquisition

Department of Mineral and Petroleum Resources (DMPR) Minister Gwede Mantashe has welcomed the Competition Commission’s approval for the Central Energy Fund (CEF) to acquire the various assets that comprise the SAPREF refinery.

According to the company’s website, the east coast based refinery is the largest crude oil refiner in the country.

The department said the acquisition is the culmination of the “Sale Purchase Agreement between bp Southern Africa (bpSA) and Shell Downstream South Africa (SDSA) assets located at the SAPREF Precinct” to the CEF.

“The sale includes the SDSA and bpSA interests in the SAPREF land and other associated assets, which includes crude and finished product tanks, process units, pipelines to and from SAPREF to Island View terminal, and the Single Buoy Mooring for crude imports.

“The sale excludes SAPREF (Pty) Ltd, bp’s marketing businesses, the Island View terminal Operations and the lubricants blending and grease manufacturer, Blendcor (Pty) Ltd.

“The acquisition of these assets will form the hallmark of CEF’s investment and growth strategy in the energy value chain geared to lay a solid foundation to address the challenges that lies ahead in the security of South Africa’s energy future,” the department said in a statement on Friday.

The DMPR added that the acquisition reinforces the country’s “concerted efforts aimed at guaranteeing adequate supply of liquid fuels in the midst of premature closures of refineries”.

“[We] have seriously noted with concern the declining local refining capacity which resulted in the country becoming a net importer of refined petroleum products.

“This new emerging trend was not only threatening the country’s economic stability and security of supply of petroleum products but also meant the exportation of jobs that are so needed in the country given the stubbornly high level of unemployment.

“Therefore, the commission’s approval is important because it does not only authenticate the acquisition but reinforce South Africa’s concerted efforts aimed at guaranteeing adequate supply of liquid fuels in the midst of premature closures of refineries. 

“The acquisition of SAPREF, and its revitalisation thereof, will ensure that South Africa, through CEF, continues with the exploitation, development, and distribution of petroleum products,” the statement concluded. – SAnews.gov.za

NeoB
Fri, 09/20/2024 - 13:59

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20 September 2024

Loadshedding Suspension Remains for 177 Days, Due to Ongoing Structural Improvements in the Generation Fleet Achieving Efficiencies of R11.92 Billion in Year-On-Year Reduction on Diesel Expenditure

Location: Business

Friday, 20 September 2024: The Generation Operational Recovery Plan continues to ensure a consistent energy supply and improved efficiencies, with loadshedding remaining suspended. Eskom has achieved 177 consecutive days of uninterrupted power supply since 26 March 2024. Operational efficiency has surpassed summer expectations, with unplanned outages averaging 12 800MW over the past seven days, compared...

Read moreLoadshedding Suspension Remains for 177 Days, Due to Ongoing Structural Improvements in the Generation Fleet Achieving Efficiencies of R11.92 Billion in Year-On-Year Reduction on Diesel Expenditure
20 September 2024

Eskom, Sasol sign gas MoU

Location: News

Eskom, Sasol sign gas MoU

Eskom and energy and chemical company, Sasol, have signed a Memorandum of Understanding (MoU) to “collaboratively explore and research potential future liquified natural gas (LNG) requirements”.

This is according to a joint statement released by the two companies, following the signing ceremony of the MoU on Friday.

“The collaboration aims to determine the potential volumes that South Africa requires to establish a viable LNG import market, along with the enabling infrastructure, and will be facilitated by government-to-government relations where necessary. 

“This initiative focuses on using gas for power generation to provide essential base load electricity and position gas as a key enabler of re-industrialisation, while also ensuring continued supply to the market by unlocking global LNG resources. 

“Furthermore, the collaboration will contribute to enhancing South Africa’s energy mix and enable the country’s energy transition and decarbonisation,” the joint statement read.

The MoU is expected to “explore sourcing gas within South Africa, the Southern African Development Community region, and other parts of the African continent, in addition to evaluating long-term LNG contracting”.

“This will support the gas requirements for Eskom’s planned coal power station repowering and conversion to gas in the long term. The parties will also engage other state entities to enable an LNG value chain in South Africa.

“As part of its revised gas strategy, Sasol is working on enabling the future supply of LNG to South Africa by collaborating with companies such as Eskom, existing and future customers, suppliers, and infrastructure developers.

“The research findings from the first phase of the Sasol-Eskom collaboration will guide the necessary role players and investors required to offer the best prospects for South Africa’s energy market, while outlining the challenges associated with the long-term commitments required for LNG imports,” the statement said.

Speaking at the signing ceremony, Minister of Energy and Electricity, Dr Kgosientsho Ramokgopa, explained the importance of the collaboration between two of South Africa’s biggest energy related companies.

“We have made it clear that we are serious about LNG solutions for the country, and that our demand for gas across both industrial and energy frontiers will unlock these solutions.

“This collaboration between our two energy champions – one public, one private – will provide a data-driven and commercially sound basis for gas-fed industrialisation and for us to explore the well-worn path to lower carbon energy that the global north has already taken by scaling gas to power. 

“Gas has emerged as the second-largest contributor to global electricity production, experiencing rapid growth as many countries shift from coal to gas in their energy mix to enable positive implications for climate change, as gas typically emits less CO2 per unit of energy,” Ramokgopa said.

Eskom Group Chief Executive, Dan Marokane, said the two companies can collaborate to work on the transition to lower carbon methods.

“We have a great deal of experience as the two largest users of coal in South Africa and we felt by working together we could accelerate the climate change transition in a responsible way which sets the country up for the best economic, environmental and social outcomes and addresses the imminent gas supply shortfall. 

“Eskom is focused on a balanced and diversified energy mix based on existing coal and nuclear and introducing gas for baseload power, as well as renewables, energy storage systems including batteries and pumped hydro, to achieve overall security of supply and to meet and exceed rapidly expanding energy demand,” Marokane said. – SAnews.gov.za

NeoB
Fri, 09/20/2024 - 14:15

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Read moreEskom, Sasol sign gas MoU
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