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You are here: Home / Archives for mining

mining

16 October 2024

DMPR Deputy Minister calls for “zero harm” in mining sector

Location: News

DMPR Deputy Minister calls for "zero harm" in mining sector

The Deputy Minister of Mineral and Petroleum Resources, Judith Nemadzinga-Tshabalala, has called on the mining industry to adopt a strong health and safety culture to eradicate harm and death in the sector.

She was speaking at the 2024 Mine Health and Safety Summit.

As of Monday, the industry recorded a year-on-year decrease of some 11% in fatalities – coming down from 38 fatalities this time last year to 34 deaths.

“It is to be noted that the implementation of technology alone is not enough. To achieve zero harm, we must also cultivate and sustain a strong health and safety culture throughout the mining sector. 

“The Health and Safety Culture Transformation Framework developed by the MHSC [Mine Health and Safety Council] provides a solid foundation for this. 

“However, the implementation of the framework across the industry remains uneven, and more work is needed to ensure that health and safety is elevated and recognised as a top priority and core value by all stakeholders and every mining operation, from the largest corporations to the smallest operators,” Nemadzinga-Tshabalala said.

She said this would require more than merely “following protocols and checking boxes".

"It is about leadership, accountability and a deep, shared commitment to the well-being of every worker.

“It requires a shift in mindset, where the health and safety of mineworkers is not seen as an obstacle to productivity, but as a critical component of operational success,” she emphasised. 

The Deputy Minister added that any injury or death remained “one too many”. and urged the sector to continue striving for zero harm.

“Many of these incidents are repeats and they can be prevented. Fall of ground accidents remain one of the largest accident categories, and the predominant cause of fatalities followed by general accident and transportation categories, respectively. 

“This is regrettable, as it is expected that all mines should have appropriate measures and expertise to enhance the health and safety of mineworkers. So, we urge you to go back to the drawing board and constantly focus on safety performance,” Nemadzinga-Tshabalala said.

On the side of government, the Deputy Minister highlighted that Cabinet has approved the submission of the draft Mine Health and Safety Amendment Bill (MHSA Bill) to Parliament for its deliberation and adoption. 

She said the following interventions are also continuing:
•    Engaging union leadership, CEOs and Boards of Directors of different mining houses to enhance the concerted efforts in the eradication of mine deaths.
•    Stoppage of unsafe mines to ensure that employers take appropriate measures that will prevent harm to the mine employees.
•    Enforcing and monitoring of health and safety at mines through focused inspections and audits to be escalated during the remaining period of 2024 and beyond.
•    Ensuring that safe mining practices are adopted, given that a significant number of accidents occurred whilst opening or mining old areas.
•    Ensuring that all mines collaborate with inspectors and organised labour to have health and safety days and campaigns to raise awareness about the importance of adhering to health and safety protocols.

“South Africa’s mining industry is globally recognised, and our safety record is comparable to some of the leading mining nations.

"However, as demonstrated by countries like Australia and Canada, there are higher benchmarks we can aspire to. 

“We must, therefore, not allow ourselves to become complacent and accept that while the progress we have made is commendable, there remains an opportunity for improvement,” Nemadzinga-Tshabalala said. – SAnews.gov.za

NeoB
Wed, 10/16/2024 - 14:31

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16 October 2024

Confirmed Speakers for the 3rd International African Energy, Oil, and Gas Summit 2024

Location: News
African Peace Magazine

African Peace Magazine UK (https://AfricanPeace.org/) is honoured to announce the distinguished line-up of speakers for the 3rd International African Energy, Oil, and Gas Summit, set to take place from October 23rd to 25th, 2024, at Hilton, Windhoek, Rev. Michael Scott Street, Windhoek, Namibia. This summit brings together some of the most influential leaders, industry experts, and change-makers in the energy sector across Africa. These individuals have significantly shaped their respective industries and will contribute profound insights into Africa's energy future. The Charity Golf Tournament and other Tour activities would commence from the 26th to the 30th of October 2024. The Speakers are;

  • Hon. Justice Suleiman Galadima (JSC, OFR, CFR, Rtd) – Chairman of the Board, African Peace Magazine UK

Hon. Justice Galadima is a revered figure in Nigeria's legal community, having served as a Justice of the Supreme Court of Nigeria. He is known for his unwavering commitment to justice and governance in Africa. As Chairman of African Peace Magazine, Justice Galadima plays a critical role in fostering dialogue around peace, security, and development across the continent.

  • HRH Sir David Serena-Dokubo Spiff – Ada IX, Paramount Ruler of Spiff Town, Bayelsa State

HRH Sir David Serena-Dokubo Spiff is a prominent traditional leader from Bayelsa State, Nigeria. His deep commitment to the socio-economic advancement of his people and his influence on the region's energy and resource management make him a vital voice at the summit. He actively advocates for responsible management of natural resources in his community.

  • Dr. Martha Namundjebo-Tilahun – Chairperson, United Africa Group, Namibia

Dr. Martha Namundjebo-Tilahun is a powerful figure in Namibia's business sector and beyond. As the Chairperson of United Africa Group, she has been a driving force behind several large-scale projects in hospitality, real estate, and renewable energy. Her leadership in advancing Africa's energy landscape and sustainable development strategies is exemplary.

  • Abiola Metilelu – CEO, PressPayNG

Abiola Metilelu leads PressPayNG, a groundbreaking fintech company that offers education financing solutions. Under his leadership, PressPayNG is bridging the financial gap for students across Nigeria, directly impacting the education and energy sectors by creating a more skilled workforce for the future.

  • Dr. Udochu Ogbonnaya – Executive Director, Green Energy International Ltd (GEIL)

A visionary in Nigeria's oil and gas industry, Dr. Udochu Ogbonnaya is shaping the future of sustainable energy in Africa. As the Executive Director of GEIL, he drives innovation in the extraction and development of energy resources while maintaining a focus on environmental responsibility.

  • Mrs. Frieda Tunyoleni Amuela – Extractive Industry Law Expert

Mrs Amuela is a respected expert in the legal frameworks governing Africa's extractive industries. Her insights into compliance and legal challenges in oil and gas operations have made her a sought-after voice in regulatory discussions. Her work ensures that Africa's natural resources are managed with accountability and transparency.

  • Mr. Immanuel Mulunga – Former MD, National Petroleum Corporation of Namibia (NAMCOR)

Mr. Mulunga is a seasoned expert in Namibia's oil and gas industry, having held key leadership roles, including serving as Managing Director of NAMCOR. His deep understanding of petroleum resource management in Namibia and his strategic leadership have had lasting impacts on the country's energy landscape.

  • Engr. Chukwuemeka Woke – Director-General/CEO, National Oil Spill Detection and Response Agency (NOSDRA)

Engr. Woke leads NOSDRA, Nigeria's primary agency responsible for monitoring and responding to oil spills. His efforts in promoting environmental sustainability in the face of oil extraction activities have been instrumental in safeguarding Nigeria's ecological future.

  • Professor Geoffrey Shakwa – Founder & MD, Anti-Corruption Education Consultancy

Professor Shakwa is a staunch advocate for anti-corruption measures in Africa, having founded the Anti-Corruption Education Consultancy. His work aims to educate and promote transparency, which is critical for sustainable development in Africa's energy sectors.

  • Mr Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

Tassius Chigariro heads Old Mutual Namibia, a leading financial services company. His strategic expertise in investments and financial management has made Old Mutual a key player in supporting economic growth in Namibia and throughout Africa's energy sectors.

  • Dr. Joseph Tolorunse – Authority Secretary and Legal Adviser, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Dr. Tolorunse brings a wealth of knowledge in regulatory frameworks, ensuring Nigeria's midstream and downstream petroleum sectors operate within best practices and international standards. His work strengthens Nigeria's position as a key player in the global energy market.

  • Olusegun Ilori (Esq) – Executive Director, Green Energy International Ltd (GEIL)

A legal expert in energy law, Olusegun Ilori has been instrumental in shaping GEIL's business strategy, ensuring compliance with global energy regulations while advocating for sustainable practices.

  • Engr. Sunday Babalola – Executive Director, Green Energy International Ltd (GEIL)

Engr. Babalola's expertise in engineering and operations has been pivotal to GEIL's success in executing oil and gas projects with a focus on innovation and sustainability.

  • Alh. Auwalu Abdullahi Rano (OON) – Founder & CEO, A.A. Rano Nigeria

Alh. Rano is a prominent entrepreneur in Nigeria's oil and gas sector, with his company, A.A. Rano, being a leading player in petroleum marketing and distribution. His business acumen has significantly contributed to Nigeria's energy supply chain.

  • Prof. Anthony Adegbulugbe – CEO, Green Energy International Ltd (GEIL) & Former SA to the President of Energy

Prof. Adegbulugbe is a renowned energy expert with a wealth of experience in energy policy and management. As CEO of GEIL, he is at the forefront of pushing Africa towards a greener energy future.

  • Dr. Martin Harris – Senior Geosciences Researcher, University of Namibia

Martin Harris is a leading geoscientist in Namibia, focusing on energy resource exploration and development. His research and contributions have enhanced the understanding of Namibia's geological wealth.

  • HRM Makitu III – Kingdom of Kongo, Angola

As the traditional ruler of the Kingdom of Kongo, HRM Makitu III is a respected leader who advocates for the preservation and responsible use of natural resources within his kingdom, including energy resources that are key to Angola's economic development.

  • Engr. Wole Ogunsanya (FNSE) – Chairman/CEO, Geoplex Drillteq Limited

Engr. Ogunsanya leads Geoplex Drillteq, a company offering cutting-edge drilling solutions for Africa's oil and gas industry. His leadership in innovation has made Geoplex a leader in the sector, offering technological solutions that enhance efficiency. Engr. Wole Ogunsanya is the current Chairman of the Petroleum Technology Association of Nigeria. PETAN is an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream. PETAN is the primary trade and advocacy association of the oil and natural gas industry in Nigeria, representing nearly 100 members involved in various aspects of petroleum.

  • Mr. Tarah N. Shaanika – CEO, Namibia Asset Management

Tarah Shaanika oversees Namibia Asset Management, a leading investment company in Namibia. His experience in financial management and investment has propelled the company into playing a crucial role in funding energy and infrastructure projects in Namibia.

  • Aggrey Ashaba – General Manager, Alliad, Uganda

Aggrey Ashaba is a business leader with deep expertise in the oil, gas, mining, and energy sectors. As General Manager of Alliad in Uganda, he plays a key role in driving the country's energy strategy, focusing on sustainable development.

  • Daniel Tuyoleni Williams – CEO, Mind Space Consults

Williams is a respected business consultant whose firm, Mind Space Consults, provides strategic insights and advisory services in energy and business development across Africa, helping companies navigate complex markets and regulatory environments.

  • Alh. Saleh Baba Rano

A key player in Nigeria's oil and gas sector, Alh. Saleh Baba Rano has been instrumental in the growth and development of the sector, bringing strategic insights and leadership to discussions around energy in Africa.

  • Abimbola Okoya – Founder, Basic Education Africa

Abimbola Okoya is a passionate advocate for education in Africa, founding Basic Education Africa to provide accessible learning opportunities to underserved communities. Her work directly impacts the future of Africa's workforce, particularly in the energy and technology sectors.

  • Professor Jude Osakwe – Faculty of Computing and Informatics, Namibia University of Science and Technology

Professor Jude Osakwe is a prominent academic and researcher with a focus on Data Governance, Data Analytics, ICT in Education, and ICT for Development (ICT4D). He holds various professional certifications in project management, big data analytics, business intelligence, and digital marketing. His extensive research work and involvement in international conferences make him a vital contributor to discussions on the integration of ICT into development strategies across Africa. Professor Osakwe's dedication to bridging the gap between theory and practical implementation of ICT solutions has positioned him as a respected figure in the academic and business sectors.

  • M. Jinot Razafimamonjy – Director of Hydrocarbons, Ministry of Energy and Hydrocarbons, Madagascar

M. Jinot Razafimamonjy serves as the Director of Hydrocarbons in Madagascar's Ministry of Energy and Hydrocarbons. His leadership in managing the country's hydrocarbon resources has been instrumental in driving economic growth and ensuring sustainable development in the energy sector. His participation at the summit will provide critical insights into Madagascar's approach to energy management and its vision for the future of its oil and gas industry.

  • S P Jika Ogbeche – Assistant Comptroller General (ACG), Air Nigeria Immigration Service (NIS)**

S P Jika Ogbeche holds a senior leadership role within the Nigeria Immigration Service, overseeing the Air Border Division. His extensive experience in managing Nigeria's air borders and contributing to national security efforts will bring a unique perspective to discussions on energy security and the role of governance in the sector.

  • Engr. Farouk Ahmed – Authority Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Engr. Farouk Ahmed is at the helm of Nigeria's NMDPRA, playing a critical role in regulating and ensuring the sustainable development of Nigeria's midstream and downstream petroleum sectors. His leadership has been instrumental in modernizing the regulatory framework, promoting investment, and ensuring energy security in one of Africa's most important energy markets.

  • Dr. Lloyd C. Williams – United States of America

Dr. Lloyd C. Williams is an esteemed expert in the fields of energy and sustainability, hailing from the United States. With a distinguished career marked by contributions to both the public and private sectors, Dr. Williams is dedicated to advancing clean energy initiatives and fostering innovation in oil and gas. His global perspective will add invaluable insights into the discussions at the summit.

  • Mr. Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

As the CEO of Old Mutual Namibia, Mr. Tassius Chigariro is a key figure in the financial services sector, driving initiatives that support sustainable investments in energy and infrastructure. His experience in leading one of Africa's most reputable financial institutions positions him as an influential voice in the intersection of energy finance and economic development.

  • Cydolian Raveloson – Acting Director General, Madagascar Hydrocarbons Office

Cydolian Raveloson is the Acting Director General of Madagascar's Hydrocarbons Office, where he plays a pivotal role in managing the country's energy resources. His efforts are focused on ensuring the efficient exploitation and management of Madagascar's oil and gas reserves, contributing to both the nation's economic growth and energy security.

These esteemed speakers join an already impressive lineup, including leading figures from government, academia, and the private sector, all dedicated to advancing Africa's energy future. Their participation is set to elevate the summit's discussions, fostering meaningful collaborations and forward-thinking strategies.

"The diverse group of speakers at the upcoming IAEOG Summit 2024 reflects our heartfelt commitment to inspiring discussions that lead to tangible outcomes. These industry leaders are passionate about finding ways to alleviate poverty, create job opportunities, and enhance our GDP. Together, we envision a transformative event that enlightens the public and fosters collaborative efforts, ultimately driving meaningful change for the betterment of our communities."- Chairman Hon. Justice Suleiman Galadima JSC, CFR, OFR (Rtd.)

Distributed by APO Group on behalf of African Peace Magazine.

For more details on the full list of speakers, agenda and for sponsorship, participation, partnership, Exhibition and speaking opportunities and all other enquiries please contact:
Florek or Liana
Phone +264817617590
Phone: +264818331921
email: florekharris@africanoilandgassummit.com
event@africanoilandgassummit.com
africanpeacemag@gmail.com

Uduak Okon
International Affairs
+2348033975746
+447407399766

Nigeria Abuja Office:
Suite FT 12B Alibro Atrium Plaza Utako Abuja
+2348033975746

South African Office:
16 Ridge Road Vorna Valley Midland 1686 South Africa
+27662449117

Angola:
Call +244928690892
+244993656970
+244927589884

London Office:
Call +4477771217805
WhatsApp +447407399766

African Peace Magazine:
Website: https://AfricanPeace.org/
https://www.AfricanPeaceAwards.com/
https://AfricanOilandGasSummit.com/
Email: africanpeacemag@gmail.com

Social Media:
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14 October 2024

Rosatom Accelerates African Nuclear Development

Location: News
African Energy Chamber

Russia's state-owned nuclear corporation Rosatom has joined the African Energy Week (AEW): Invest in African Energy conference – scheduled for November 4-8 – as a gold sponsor. The sponsorship aligns with the corporation's ambitions to strengthen its presence in Africa and follows a strong of deals forged with various African countries in the fields of nuclear power development, knowledge sharing and mining.  

Currently, there is a surge in nuclear energy adoption in Africa, with projects targeting 15 GW of operational capacity by 2035, the Nuclear Business Platform estimates. Over 10 African countries are looking to embrace nuclear energy, the majority of which are leaning on global partnerships such as those fostered with Rosatom to accelerate project development. Rosatom's return to AEW: Invest in African Energy reflects its growing intention to support projects 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.

Rosatom signed an agreement with the Republic of Congo – which has ambitions to enhance the adoption of nuclear energy - in July 2024. The deal will see the parties collaborate on the peaceful utilization of nuclear energy and hydroelectric power. This aligns with the Republic of Congo's efforts to diversify its energy mix beyond oil, leveraging Rosatom's expertise to improve energy access.

The agreement followed the signing of an MoU with Guinea-Conakry in June 2024 to cooperate on the development of floating nuclear power plants. The corporation currently operates the world's only floating co-generation nuclear power plant – Akademik Lomonosov - and aims to construct an additional 7 facilities worldwide. Suitable for remote regions with undeveloped or unreliable power grids, floating nuclear offers a range of benefits for African countries. As a small nuclear power plant, the facilities provide access to clean and affordable power for hard-to-reach communities, offering an environmentally-friendly energy option with 24/7 operational capacity. The agreement with Guinea-Conakry will see Rosatom construct floating nuclear plants, equipped with RITM-200 reactors. Power will be used to support industrial and domestic consumption.   

Rosatom also signed an agreement with Burkina Faso's Ministry of Energy, Mines and Quarries for the construction of a nuclear power plant in the country. Construction will be complete by 2025 with the project expected to double Burkina Faso's power production by 2030. The deal also features a clear roadmap to enhance the country's nuclear power adoption, including the establishment of a regulatory framework for nuclear energy.

In addition to nuclear power development, Rosatom is driving nuclear energy capacity building and training across Africa. The company aims to utilize its expertise in the industry to support human capital development across the continent, with various programs in place to achieve this goal. In South Africa – the continent's only nuclear power producer – Rosatom signed an agreement with the state-owned power utility Eskom for a nuclear action plan for the period 2024-2026. The plan comprises joint education initiatives, joint degree programs and workforce training. South Africa plans to continue utilizing nuclear power to fulfil both its domestic and industrial needs. Recently, the Koeberg station – accounting for 5% of South Africa's power supply – has been approved to run for an additional 20 years. The Rosatom-Eskom plans aims to support this by equipping the workforce with the requisite skills and capacities. 

To support nuclear production in Africa, Rosatom is also advancing uranium mining across the continent. The company plans to start mining uranium in Namibia by 2029, with plans in place to complete the prospecting and exploration phase of the Wings Project by 2026. At a total investment of $500 million, the project will produce 5,000 metric tons of uranium per year.

“Rosatom represents a strong partner for Africa's nuclear industry. The company is focused on supporting the construction of nuclear energy facilities while concurrently scaling up capacity building, mining activities and regulatory support. Nuclear has the potential to transform the continent's power landscape and with partners like Rosatom, Africa is well positioned to tap into this growing market,” states NJ Ayuk, Executive Chairman of the African Energy Chamber. 

Distributed by APO Group on behalf of African Energy Chamber.

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13 October 2024

Hawks crack down on criminals

Location: News

Hawks crack down on criminals

The Directorate for Priority Crime Investigation (DPCI), also known as the Hawks, will continue to pursue criminals without fear, favour or prejudice.

This is according to Hawks Head, Lieutenant General Godfrey Lebeya, who briefed the media on Sunday to outline progress and take stock of milestones achieved during the second quarter of the 2024/25 financial year.

“The DPCI remains committed to its mandate of investigating, preventing, and combating national priority offences without fear, favour or prejudice. The DPCI has made significant inroads in apprehending individuals involved in high-profile cases, thus ensuring accountability and justice for the victims. 

“These arrests targeted people involved in serious corruption, serious organised crime, serious commercial crime, including fraud, theft, money laundering, police killings, cash-in-transit robberies, illegal mining, drug trafficking, damage to essential infrastructure and trafficking in endangered species,” he said.

During the reporting period, some 818 natural and juristic persons were arrested and appeared in courts around the country.

Most of the suspects were arrested in Gauteng, the North West and KwaZulu-Natal.

During these arrests, some 84 firearms and 2 049 rounds of ammunition were seized. Seven clandestine drug laboratories were dismantled, with a total value exceeding R17 million.

“During this same period, the Directorate secured convictions on 301 accused. Of these convictions, 285 accused persons, inclusive of 13 juristic persons, were sentenced, while the balance of 16 convicts are to be sentenced on dates after the quarter under review.

“Of the 272 sentenced natural persons, 164 are South Africans, while 108 are foreign nationals. Most of these convictions and sentences were secured in the Gauteng province.

"Of these convictions, the Serious Organised Crime Investigation unit secured 143, Serious Commercial Crime Investigation secured 120 and Serious Corruption Investigation secured 22. We shall, in the coming months, analyse the 16 convicts, as and when they are sentenced,” Lebeya said.

Furthermore, the Priority Crime Specialised Investigation has “contributed towards the issuing of a combined 75 freezing and forfeiture orders”, amounting to more than R72 million.

“An amount of R8 178 798.87 has been deposited into the Criminal Assets Recovery Account. These [bring] the total recorded successes on arrests, convictions and attachment of assets to 1 194.

“[In] line with our moto of 'Seek, find and strike', the DPCI shall continue to execute its mandate without fear, favour or prejudice, in accordance with the Constitution and other laws of the Republic,” Lebeya said. – SAnews.gov.za

NeoB
Sun, 10/13/2024 - 11:49

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12 October 2024

Mineral and Petroleum Resources Committee Welcomes Temporary Joint Operation to Dispel Approximately 6,500 Illegal Miners

Location: News

Republic of South Africa: The Parliament
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The Portfolio Committee on Mineral and Petroleum Resources has applauded a temporarily arranged joint operation that dispelled approximately 6 500 people who participate in illegal mining and illicit business activities at Van Ryan illegal mining site in Ekurhuleni, Gauteng.

The joint operation between the South African Police Service (SAPS), the South African National Defence Force (SANDF) and MI7 National Group private security was set up for the committee's visit today. As part of its week-long oversight visit to North West and Gauteng, the committee conducted a walk-about at Van Ryan illegal mining site to gain an appreciation of the extent of illegal activities taking place there.

The committee was deeply shocked to witness what looked like a fully flagged settlement, with holes to access underground shafts, as well as shelters under which illegally mined ore is processed and where illegal shebeens and restaurants operate.

Furthermore, the committee was dismayed to learn that since the core business of the area is illegal mining, those people operating secondary businesses, such as catering, shebeens and sex work, pay rent to unknown kingpins. Another secondary business is security.

In October 2023, illegal miners were cleared from the site on the orders of President Cyril Ramaphosa after the SANDF were deployed there in “Operation Prosper”. Full-scale illegal activities resumed after six months at the end of the SANDF's deployment period in April this year. On Friday, a joint operation between the SANDF, SAPS and MI7 National Group security moved into the area and dispelled everyone again.

Against this backdrop, the committee calls for sustainable measures to be put in place to prevent illegal activities permanently. Such measures have been put in place before at other sites, such as the Benoni Driving Range Racetrack, which used to be a hotspot for illegal mining.

The committee will develop an oversight report with recommendations for adoption by the National Assembly.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

Read moreMineral and Petroleum Resources Committee Welcomes Temporary Joint Operation to Dispel Approximately 6,500 Illegal Miners
9 October 2024

Two illegal miners arrested at Makhonjwa World Heritage Site

Location: News

Two illegal miners arrested at Makhonjwa World Heritage Site

Deputy Minister of Forestry, Fisheries and the Environment Narend Singh has welcomed the arrest of two illegal miners at the Barberton Makhonjwa World Heritage Site.

“The arrests mark a significant step in the government's ongoing efforts to protect South Africa’s irreplaceable natural and cultural heritage,” the Deputy Minister said on Tuesday. 

Singh commended the actions by the Green Scorpions which resulted in the arrest of two individuals involved in unlawful mining activities within the Barberton Makhonjwa World Heritage Site on Monday.

The operation is part of the broader government strategy to combat illegal mining across the country and aligns with the nationwide efforts to tackle the rise in illegal mining operations, which are not only detrimental to the environment but also contribute to other social and economic issues. 

The Barberton Makhonjwa World Heritage Site, forms part of United Nations Educational, Scientific and Cultural Organisation (UNESCO) World Heritage Centre and it is recognised for its well-preserved succession of volcanic and sedimentary rock formations dating back 3.5 billion years.

The area is home to rich a biodiversity and some of the planet's earliest life forms, attracting scientists and researchers from around the world. 

It was officially proclaimed a protected area on 12 March 2021, under the National Environmental Management: Protected Areas Act, which prohibits mining and other harmful activities in such sites.

"This World Heritage Site represents not only one of the oldest landscapes on Earth but also one of the most ecologically and scientifically significant. Unlawful mining and other destructive activities in this protected area pose a grave threat to the preservation of this unique site, which holds immense global value. These actions cannot and will not be tolerated,” the Deputy Minister said.

In addition to mining, the investigation uncovered violations under the National Forests Act, with evidence of destruction and damage to indigenous trees and natural forests.

“These offences not only threaten our natural heritage but undermine our sustainable development goals. Our natural forests and ecosystems are vital to the survival of countless species and are irreplaceable. We must act to protect them now, or risk losing them forever," Singh said. - SAnews.gov.za

nosihle
Wed, 10/09/2024 - 09:23

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Read moreTwo illegal miners arrested at Makhonjwa World Heritage Site
9 October 2024

New Blasting Limits Set for Mines

Location: News

Chief Inspector of Mines publishes South Africa’s first mine blasting standards

Read moreNew Blasting Limits Set for Mines
8 October 2024

Operation Shanela nets over 12 000 suspects

Location: News

Operation Shanela nets over 12 000 suspects

Through various high-density operations, commonly known as Operation Shanela, the South African Police Service (SAPS) has arrested 12 187 suspects from Monday, 30 September to Sunday, 6 October 2024.

Through Operation Shanela, SAPS has taken a bold and decisive approach to dealing with crime in the country through tracking and tracing operations, roadblocks, high visibility patrols, as well as stop and searches.

All Shanela operations are led by the Provincial Commissioner of each province.

Just this week alone, the following successes were recorded:

  • 1 640 suspects were arrested, who were wanted for crimes such as murder, attempted murder, rape and house robbery.
  • 157 suspects were arrested for murder.
  • 94 suspects were arrested for attempted murder.
  • 242 suspects were arrested for rape, with KwaZulu-Natal making the majority of arrests with 108.
  • 266 drug dealers were also arrested during this period.
  • 1 621 suspects were arrested for being in possession of drugs, and 814 of these arrests were made in Western Cape.
  • 1 496 suspects were arrested for assault GBH [grievous bodily harm] -- 364 more arrests than the previous week.
  • 109 suspects were arrested for being in the illegal possession of firearms, and 33 of these suspects were arrested in KwaZulu-Natal, while 30 were arrested in the Western Cape.
  • 535 suspects were arrested for illegally dealing in liquor, with 199 of these arrests being made in Mpumalanga and 180 in KZN.
  • 430 drivers were arrested for drunken driving, with 117 of them arrested in Mpumalanga.

Under recoveries and confiscations, police registered the following successes:

  • 131 firearms were confiscated during operations. Thirty of these firearms were confiscated during police operations in KwaZulu-Natal, while 23 were confiscated in the Western Cape.
  • 2 969 rounds of ammunition were confiscated.
  • 58 hijacked and stolen vehicles were also recovered during this week's operations.

A highlight of major takedowns and other successes include the following:

  • Every week in the last month, SAPS has arrested at least one drug mule at OR Tambo International Airport. 
  • This week alone, police arrested three drug mules, which include two Dutch traffickers, who were found with 80kg of Khat. 
  • On Sunday, 6 October, police arrested a 43-year-old Paraguayan national at the airport. He has so far released 117 bullets suspected to contain cocaine.

National Commissioner of SAPS, General Fannie Masemola, applauded SAPS Family Violence, Child Protection and Sexual Offences (FCS) detective, Warrant Officer John Tlala Mokoena, for securing 42 life terms and 791 years for serial rapist Nkosinathi Phakathi. 

The North Gauteng High Court, sitting in the Palm Ridge Magistrates’ Court, sentenced Phakathi on Friday.

More boots on the ground

On Friday, 4 October, 1 812 graduates who underwent a six-month Introductory Police Learning Development Programme (IPDLP) stood on parade during passing out parades held at various SAPS academies.

This is the first at batch of the 2024/2025 Project 10 000 cohort to graduate from Police College. They will be deployed at various police stations across the country to capacitate and boost grassroots level policing.

Meanwhile, Operation Vala Umgodi continues to make significant strides in preventing and combating illegal mining activities in the country.

This past week, 93 illegal miners were arrested, and 58 of them were arrested in Mpumalanga.

“Police will continue with their operations by asserting the authority of the state to ensure the safety and security of all South Africans and visitors to the country,” the South African Police Service said in a statement. – SAnews.gov.za

Edwin
Tue, 10/08/2024 - 09:56

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Read moreOperation Shanela nets over 12 000 suspects
7 October 2024

Massive budget increase for TERS

Location: News

Massive budget increase for TERS

In a bid to cushion companies in distress and prevent job losses, the Department of Employment and Labour has significantly increased its Temporary Employer-Employee Relief Scheme (TERS) budget from R400 million to R2.4 billion for the current financial year.

In a statement issued on Sunday, the department said this significant boost aims to assist companies in distress and prevent employee layoffs amid unstable economic conditions, as revealed by Employment and Labour Minister Nomakhosazana Meth.

TERS is an intervention by the department that provides financial assistance to companies in distress for up to 12 months. The scheme enables employers to retain employees by covering their salaries while the company focuses on implementing a turnaround strategy to remain operational. 

During this period, employers are only required to cover employee social costs such as provident fund and medical aid contributions. 

Productivity SA, an entity under the department, offers turnaround strategy solutions to companies in distress. 

Minister Meth urged companies experiencing financial challenges to participate in the scheme as soon as they notice signs of distress.

"The nature and degree of distress will be objectively measured through indicators including but not limited to a decline in revenue. The application process for TERS begins at the Commission for Conciliation, Mediation and Arbitration (CCMA) and is entirely free of charge. There are no application, initiation, or administration fees required," said Meth. 

A single adjudication committee administered by the CCMA evaluates all TERS applications for eligibility using a combination of indicators.

Rationale for the budget increase

The expanded budget comes in response to the country’s ongoing economic challenges, which have resulted in significant job losses across various sectors. 

Recent reports from the CCMA reveal that while 14 887 jobs were saved through interventions during the 2023/2024 financial year, over 22 500 employees were still retrenched. 

The number of job losses, particularly in key industries, necessitated an adjustment in the budget to enhance TERS.

“The increase in the TERS budget is a proactive response to volatile economic trends that threaten the livelihoods of impoverished workers and the sustainability of businesses. Our goal is to preserve jobs and support companies facing financial difficulties.

“Furthermore, the increase in the scheme's capacity, aims to reduce the risk of further retrenchments and support economic stability,” Meth said. 

The highest number of job losses were recorded in the following sectors:
• Mining: 5 153 job losses.
• Manufacturing: 2 125 job losses.
• Telecommunications: 1 680 job losses.

Since its inception, TERS has been instrumental in supporting a wide range of industries severely impacted by economic challenges. 

The following sectors have notably benefited from the scheme: 
• Hospitality and tourism: hotels, restaurants, and travel agencies affected by decreased tourism.
• Manufacturing: factories experiencing reduced demand and supply chain disruptions.
• Retail: non-essential retail businesses facing reduced consumer spending.
• Transportation: bus services, and logistics companies dealing with decreased operations.

TERS has facilitated the retention of hundreds of thousands of jobs by providing salary support to employees who might otherwise have been laid off. It continues to play a significant role in stabilising the economy during turbulent times, ensuring a quicker path to recovery by alleviating the financial burden on companies.

Application requirements

Employers seeking to participate in the TERS scheme will be required to provide documentary evidence for evaluation:
• Audited Annual Financial Statements for the past two financial years.
• Independently Reviewed Annual Financial Statements for companies not legally required to be audited, covering the past two financial years. 
• Independently Reviewed Management Accounts with comparative figures if the latest financial statements are older than three months.
• Termination of Contract and Bank Statement for individual applicants.
• Business Case outlining the triggers for distress and proposed remedial actions.

With the expanded budget, the department said it hopes that more businesses will participate in the scheme, preventing further job losses and helping to build resilience within South Africa's economic landscape. - SAnews.gov.za

 

DikelediM
Mon, 10/07/2024 - 11:01

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Read moreMassive budget increase for TERS
7 October 2024

Phola Residents Say Mining Has Brought Misery Not Benefits

Location: News

Community members protested at coal mining offices of Seriti over damage to homes from blasting

Read morePhola Residents Say Mining Has Brought Misery Not Benefits
4 October 2024

Mining’s potential remains high: Mantashe 

Location: News

Mining’s potential remains high: Mantashe 

Minister of Mineral and Petroleum Resources, Gwede Mantashe, has told an indaba that there is evidence to suggest that mining is “the bedrock of our economy” and that the country is an attractive investment destination for mining.

According to the Minerals Council of South Africa, the industry contributed some 6.3% to South Africa’s nominal Gross Domestic Product (GDP) last year.

“There is a strong case emerging out of the study on ‘The State of Mining’ that the South African mining industry not only remains the bedrock of our economy, but an attractive investment destination for mining. 

“Coupled with the draft South Africa’s ‘Critical Minerals Strategy’, the study points to the reality that the South African mining industry is diversifying from the gold mining era to an industry with wide-ranging mineral resources, including the world’s largest known deposits of platinum group metals (PGMs), manganese, chrome, coal, gold, copper, vanadium, and other natural resources that are considered critical for the just transition,” the Minister said at the Annual Joburg Indaba in Sandton on Thursday.

He added that with the diversification of the industry, its potential to continue growing remains high.

“Notwithstanding the challenges faced by the gold mining sector, including deep level mines and heightened safety concerns, the 2023 gold production statistics positioned South Africa as the world’s thirteenth and Africa’s fourth largest gold producer. 

“Despite the fluctuating prices of palladium and rhodium, of which South Africa supplies 38% and 81%, respectively, to the global commodities market, the PGMs sector is poised to play a catalytic role in sustaining the South African mining industry, and in the growth of our economy.

“Considering South Africa’s reserves of known manganese and chrome deposits, as well as being the largest producer and exporter of manganese and chrome ore, the South African manganese and chrome sectors are poised to continue playing a significant role globally driven by their use in the automotive and construction industries,” Mantashe said.

Addressing challenges 

He acknowledged that during last year’s Joburg Indaba, industry players raised issues that “we needed to resolve for the sector to thrive, including the need to ensure the necessary policy and regulatory certainty for investment”.

“Although the South African mining industry’s regulatory framework is stable and predictable, the Department of Mineral and Petroleum Resources is drafting amendments to the Mineral and Petroleum Resources Development Act (MPRDA). 

“This is so as to address its shortcomings and ensure that areas that have been challenged legally are strengthened against international best practice. The amendments will further improve the business environment while keeping in sync with our socioeconomic fabric.

“The completion of the migration process to the new efficient and transparent mining licensing system, in June next year, is poised to modernise our licensing system, ensure regulatory certainty, and the sustainability of the South African mining industry. 

“Having completed the first phase of the project, which included the assessment of the current environment to establish the baseline and its readiness, and the requirements with respect to system hosting, software integration, and the enhancement of cybersecurity, the development of the new system is therefore progressing very well,” the Minister explained.

READ | Presidency transfers Department of Mineral Resources and Energy legislation

Furthermore, the Minister told the industry leaders that between April 2023 and March this year, the department has processed and finalised 127 mining rights, 1 527 prospecting rights, and 2 313 mining permits and ancillaries.

There are no backlogs in the Western Cape and the Free State while backlogs in the Northern Cape, Limpopo, North West, Eastern Cape and KwaZulu-Natal have been significantly reduced. Mpumalanga is the only province with a significant backlog.

“As we come to the end of this year’s Indaba, we wish to encourage the South African mining industry to continue sharing insights about the realities of this industry, advance beneficiation at source, and support our exploration initiatives.

“We further encourage junior miners to take up the opportunities presented to them in order to transform the industry and ensure that the people of South Africa derive value from their country’s mineral endowment,” Mantashe concluded. – SAnews.gov.za

 

NeoB
Fri, 10/04/2024 - 10:09

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Read moreMining’s potential remains high: Mantashe 
1 October 2024

Forum to address Vaal River pollution

Location: News

Forum to address Vaal River pollution

Water and Sanitation Deputy Minister, Sello Seitlholo, is set to launch the Vaal River Anti-Pollution Forum, which is aimed at addressing long-standing pollution affecting water quality in the Vaal River.

The Vaal River Anti-Pollution Forum, to be launched on Thursday, will be a non-statutory forum, including various stakeholders with a particular focus on stakeholders that are directly affected by the declining water quality of the Vaal River from the Upper, Middle and Lower Vaal.

The chairperson of the forum will be an independent candidate, to be appointed by the Water and Sanitation Minister, who has no personal interest, except to see an improvement of the Vaal River water quality.

Seitlholo highlighted that the main objective of the Anti-Pollution Forum will be to co-ordinate, improve, and integrate efforts for the management of the Vaal River quality, in line with its determined resource quality objectives.

“The forum will also provide high-level guidance aimed at ensuring the protection of the Vaal River as well as identifying remedial actions to mitigate the impact of pollution as a result of water-use sectors such as mines, agriculture and wastewater works, among others,” Seitlholo said.

The duties assigned to the forum members include:
•    The co-ordination and support of awareness building initiatives regarding water quality management in the Vaal River catchment. 
•    Ensuring adequate stakeholder participation in the forum processes. 
•    Investigating and recommending innovative and best applicable technologies to deal with water pollution.
•    Enhancing collaboration with various institutions to improve the quality of the Vaal River. 
•    Providing support to the existing catchment forums in the Vaal River. 
•    Publishing reports on an annual basis to track the performance and implementation of recommendations and activities of the forum.

Seitlholo noted that the Vaal River is one of the largest rivers in South Africa and a popular tourist destination that is becoming increasingly contaminated with pollution from mining, industries, wastewater works, agriculture and other sources.

He said the establishment of the forum seeks to redeem the river to its former healthy standing of the past.

Seitlholo, who will be leading the anti-pollution drive across the country on behalf of the department, has since committed to ensuring that through the forum, polluters are taken to task and are held accountable for their actions.

Seitlholo reiterated that South Africa is a water-scarce country, which cannot continue to "treat people who do not respect this precious resource with kid gloves".

“Through the forum, we want to ensure that transgressors are brought to book so that they account for their crimes. Any person or entity that continues to pollute water sources will face the full might of the law,” Seitlholo said.

The Deputy Minister said the department will create a register with the names of polluters in the country.

He said the database will be used to keep a record of all polluters in the country, as well as their transgressions and actions taken against them.

“The National Polluters' Register will assist us to bring attention and pressure to polluters, with the hope that it brings change in their behaviour. The register will then be placed on the departmental website, where members of the public will be able to access it,” Seitlholo said. – SAnews.gov.za
 

GabiK
Tue, 10/01/2024 - 12:34

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Read moreForum to address Vaal River pollution
26 September 2024

SA’s G20 Presidency to focus more on Global South and African issues, says Lamola

Location: News

SA's G20 Presidency to focus more on Global South and African issues, says Lamola

South Africa’s G20 Presidency will be centred more on the interests of the Global South agenda, especially Africa, says International Relations and Cooperation Minister, Ronald Lamola. 

Preparations are underway for South Africa’s G20 Presidency and hosting the G20 Summit in 2025. South Africa is expected to take over Chair of the G20 from December 1 this year, from Brazil. 

Lamola announced that South Africa’s theme will focus on solidarity, equality and sustainable development. 

“This theme speaks to the developmental priorities of the Global South, particularly, the African continent, which is now fully represented with the admission of the African Union (AU) in the G20,” he told delegates during the Troika high-level address at the United Nations (UN). 

The G20 (or the Group 20) comprises 19 States, plus the European Union and the AU as of this year – bringing together the world’s major and systemically important economies. 

The G20 operates a Troika system of hosting, where the Troika consists of the past, present, and next Presidencies. 

Brazil’s Presidency is also in a Global South Troika - India-Brazil-South Africa. 

Lamola stressed that South Africa will ensure that the G20 provides strategic direction towards establishing a “more equitable, representative and fit-for-purpose international order”.

According to the Minister, the theme will also confirm South Africa’s intention to build on the efforts and successes of the G20 Presidencies of Indonesia, India and Brazil. 

He believes this will ensure that the needs, interests and aspirations of the developing economies of the Global South, and Africa especially, drive the overall G20 agenda going forward.

According to the Minister, South Africa’s overarching theme will also zoom in on the country’s priorities. These include accelerating efforts to achieve Sustainable Development Goals (SDGs) and the objectives of Agenda 2063 of the AU and addressing the critical issue of debt vulnerability of many countries of the global South. 

The country will also focus on creating consensus around reform of the International Financial Architecture (IFA) and the Multilateral Development Banks (MDBs). 

“This is critical to ensure that they become fit for purpose to adequately address sustainable development and transboundary challenges,” Lamola explained. 

In addition, the emphasis will also be on combating climate change, which has devastating consequences for food security in developing countries.

South Africa also hopes to address issues of predatory mining by some countries and corporations, in the quest for Africa’s raw materials and critical minerals. 

“South Africa will take forward the outcomes of the report of the UN Secretary’s Panel on Critical Energy Transition Minerals,” Lamola said, adding that strengthening the Multilateral Trading System was also key.

The other key issues the nation will advance include industrialisation, employment and inequality, food security, the blue economy and artificial intelligence. 

Lamola took the time to commend Brazil President Luiz Inácio Lula da Silva’s call, as the G20 President, for the reinvigoration of multilateralism, and the reform of global governance institutions to make it more representative and inclusive.

“We further thank Brazil for its innovative leadership in calling for this G20 meeting and inviting all UN Members.

“This meeting today and its call to action further demonstrates the collective global solidarity in addressing current and future global challenges. South Africa will carry forward the momentum laid by Brazil on the reform of the multilateral institutions,” Lamola said. 

Meanwhile, he said that South Africa’s G20 Presidency will mark the end of the first cycle of G20 Presidencies. 

“We intend to undertake a review of the first cycle of G20 Presidencies. This is critical to ensure implementation. Brazil can count on us to maintain the momentum they’ve started I thank you for your attention,” he added. 

President Cyril Ramaphosa expressed his appreciation to Brazil as the current President of the G20 for convening this meeting.

The President also commended the excellent way Brazil has been steering the work of the G20 during its Presidency.  – SAnews.gov.za

Gabisile
Thu, 09/26/2024 - 10:50

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Read moreSA’s G20 Presidency to focus more on Global South and African issues, says Lamola
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

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Read moreRamokgopa attends BRICS Energy Ministers Meeting
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).

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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.

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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.

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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

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+27 11 867 7763

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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

‘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

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

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
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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17 September 2024

Death Toll Rises to Seven After Police Swoop on Informal Gold Miners

Location: News

Some miners have already gone back to work to earn money and repatriate the bodies of their colleagues

Read moreDeath Toll Rises to Seven After Police Swoop on Informal Gold Miners
12 September 2024

Villagers Live Next to a Platinum Mine, but Have No Jobs

Location: News

Residents of Limpopo’s Barok Ba Nkwana and Atok villages demand government speak to the mine on their behalf

Read moreVillagers Live Next to a Platinum Mine, but Have No Jobs
5 September 2024

Cabinet commends Eskom’s performance

Location: News

Cabinet commends Eskom's performance

Cabinet has commended Eskom for not implementing load shedding for more than 150 days – including over the South African winter period.

Acting Minister in the Presidency, Maropene Ramokgopa, told a post-Cabinet media briefing on Thursday that stable electricity supply is imperative for economic growth in the country.

“Cabinet commends Eskom, its board, management and all its employees who have worked tirelessly to ensure that South Africa will have no load-shedding this summer as the power utility continues to add more electrons to the grid through its generation recovery plan.

“A reliable energy supply is vital for growing our economy, boosting confidence and enhancing the quality of life of our citizens.

“Government continues to execute the Energy Action Plan, which has been instrumental in reducing the frequency of load-shedding through planned maintenance of Eskom’s power-generation fleet. The reform of our energy sector is a critical component of our efforts to create a secure energy future for our people,” she said at the briefing held in Cape Town.

Staying on the reform agenda, Ramokgopa said President Cyril Ramaphosa has fulfilled his undertaking to “recalibrate” State Owned Enterprises (SOEs).

In that regard, she added, the responsibility for strategic SOEs have been “transferred to the various line ministries, after the President had signed the relevant proclamation to this effect”. 

“This step coincides with plans to create a centralised shareholder model through which the State seeks to better leverage the capabilities of our SOEs to grow the economy, improve service delivery, and infuse the SOEs with the requisite commercial and strategic agility.

“The responsibility for power utility Eskom has been transferred to the Ministry of Energy and Electricity and Transnet, South African Airways and South African Express to the Ministry of Transport.

“The state-owned diamond mining company Alexkor will be managed by the Ministry of Mineral and Petroleum Resources, aerospace and military technology conglomerate Denel will fall under the Ministry of Defence and Military Veterans while South African Forestry Company SOC Limited, which is responsible for state forestry, will report to the Ministry of Forestry, Fisheries and the Environment,” Ramokgopa said. 

SA avocados in Japan

On agricultural export matters, the first batch of South African avocados have arrived in Japan.
“[This marks] a significant boost for the local avocado sector, and demonstrates the positive impact of the Agriculture and Agro-processing Master Plan, which aims to expand access to key new markets for South African producers.

“South African avocado growers now stand to benefit significantly as efforts to increase market access for our agricultural produce continues. India, China and Japan represent a combined market opportunity of over 2.5 billion people,” Ramokgopa said. – SAnews.gov.za

NeoB
Thu, 09/05/2024 - 11:58

509 views
Read moreCabinet commends Eskom’s performance
5 September 2024

Aussie-Owned West Coast Mining Company in Trouble

Location: News

Owner of controversial Tormin mine is in business rescue

Read moreAussie-Owned West Coast Mining Company in Trouble
4 September 2024

SA to transform economy into manufacturing hub

Location: News

SA to transform economy into manufacturing hub

By Nosihle Shelembe

Beijing, China - President Cyril Ramaphosa says South Africa is working towards transforming the economy by turning the country into a “manufacturing hub”.

“We plan to move from being a large importer of manufactured products to being a major exporter,” the President said on Wednesday.

Addressing the South Africa-China Business Forum on the occasion of the State Visit to China, President Cyril Ramaphosa said Chinese companies will find there are innumerable business opportunities to manufacture products in South Africa using the country’s excellent industrial experience.

“We have seen this happen in our automotive industry. We have ambitious plans to modernise our infrastructure by investing in the expansion of ports, rail and road networks. 

“We are on a path to revolutionise our energy sector in pursuit of low-carbon, climate resilient development,” the President said.

He said South Africa is actively seeking investment in the energy sector, with a particular focus on renewables and green hydrogen.

“China has a proven track record in developing innovative renewable energy solutions. 

“Together, we can create sustainable and environmentally friendly energy solutions that benefit both our countries.

“By working together, we can create value chains that are mutually beneficial, leading to job creation and economic growth.

There is also vast untapped potential in technology,” President Ramaphosa said.

He said South Africa and China can collaborate to promote innovation, technology transfer and skills development. 

“By leveraging our respective strengths and exploring new avenues of collaboration, we can create mutually beneficial partnerships.

“Our focus must now be on building stronger business relationships, promoting cultural exchanges and tourism, and creating a favourable business environment.

“The growth of the South African economy will support the success of the African Continental Free Trade Area, which opens access to a market of over 1.3 billion people,” the President said.

He said African economic integration is fast becoming a reality that creates enormous opportunities to expand production on the continent and to stimulate much greater economic activity.

“We are a country with enormous potential for growth and development. We are advantageously placed for companies looking to expand into the rest of the African continent.

“South Africa and China have vibrant, diverse and growing economies, with a wealth of opportunities for businesses wishing to expand into new markets,” the President said.

China is currently South Africa’s largest trading partner.

Bilateral trade between China and South Africa has increased by a third since 2019. 

South Africa exports mainly minerals and agricultural products to China, and imports largely manufactured products from China. 

“We are seeking to shift the structure of our trade profile and deepen our investment relationship.

“South Africa has one of the most advanced and diversified economies on the African continent. It has a vibrant business environment and a strong regulatory framework. It has a diverse, competitive and well-regulated financial sector,” the President said.

Since the start of South Africa’s major investment drive in 2018, Chinese companies have made investment pledges to the value of over R18 billion in the manufacturing, resources, finance and agro-processing sectors. This is the equivalent of US $1 billion.

“In the last six weeks, a number of Chinese companies have increased investments to support the expansion of their operations. 

“These investment commitments are testament to the resilience of the South African economy and the many opportunities for foreign and domestic investors. 

“It is up to us to seize these opportunities and take the economic relationship between our two countries to the next level,” the President said.

He said South Africa has investment opportunities in the electric vehicle sector, renewable energy, green hydrogen and energy storage.

It has further opportunities in infrastructure, manufacturing, mining, beneficiation of critical minerals, and the digital economy.

“Let us work together to seize this opportunity and continue to build a more prosperous future for our respective countries,” the President said. – SAnews.gov.za

Matona
Wed, 09/04/2024 - 13:10

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