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China’s environment ministry has told factories releasing the equivalent of more than 26 000 t/y of carbon dioxide to verify their 2022 data by December. Bloomberg reports that the ministry is...
The Public Investment Corporation says it will increase its investment in renewable energy, with chief investment officer Kabelo Rikhotso revealing that its current exposure already stands at...
Sasol, Toyota South Africa Motors and Air Products South Africa unveiled a proof-of-concept second-generation Toyota Mirai fuel cell electric vehicle earlier this month. The vehicle is being used...
As South Africa prepares to host a forum on the Africa Growth and Opportunity Act (Agoa) in November, concern that the country could be disqualified from the preferential trade arrangement seems to...
While the aviation industry has promised to achieve net zero carbon emissions by 2050, harsher weather conditions are already forcing a rethink of critical infrastructure in airports, such as this...
The Mbombela-based Manganese Metal Company’s manganese refinery, built in 1974 to beneficiate manganese minerals mined in South Africa’s Hotazel’s region, produces two high-grade (99.9% pure),...
South Africa will provide fiscal support to the automotive industry to help it transition to electric vehicles, Deputy Finance Minister David Masondo confirmed earlier this month. But given the...
Several major carbon traders are finding that offsets they bought may now be valueless, Bloomberg reports. A carbon credit is a paper security representing one ton of carbon dioxide reduced or...
A study commissioned by the Localisation Support Fund has found that there is local manufacturing capability for powerline components to meet current low levels of demand. However, to avoid an...
The world’s biggest exporter, China, recently reported its biggest contraction in overseas shipments since the Covid-related slump of February 2020, while Germany, the world’s third-largest...
The collapse of South Africa’s freight rail service has resulted in serious traffic congestion in Komatipoort, a town on South Africa’s border with Mozambique. Every day about 1 000 trucks carrying...
Companies reliant on the Rhine River, Europe’s most important trade route, are rushing to adapt as water regularly recedes to levels that impede shipping. Bloomberg reports that water levels this...
Electricity Minister Dr Kgosientsho Ramokgopa says South Africa will prioritise the expansion of its grid over the next decade and reports that work is under way on 25 projects at existing...
Nigeria’s annual inflation rate climbed to a fresh 18-year high in June. This, after President Bola Tinubu scrapped fuel subsidies and allowed the currency to weaken before declaring a state of...
JSE-listed Emira Property Fund has installed 16 beehives at eight of its properties in Gauteng and KwaZulu-Natal as part of an initiative designed to assist in addressing a decline of global bee...
Changes to solar panel technology are accelerating demand for silver, which is used in a paste form to provide a conductive layer on the front and the back of silicon solar cells. Bloomberg reports...
Exxaro Resources has warned that coal shipments by State-owned freight logistics group Transnet in 2023 have dropped to an annualised rate of only 46.5-million tons. The figure represents a fall...
While South African scientists are urging government and business to increase their preparedness for the pending El Niño, there are warnings of a high risk of haze in some Asian countries....
Sudan’s official gold industry, the country’s largest revenue earner, has collapsed after a deadly conflict broke out in the country in April. Sudan officially exported 34.5 t of gold worth over...
The International Air Transport Association is forecasting that global airlines will earn a collective $9.8-billion in profit this year, which is double its previous estimate published in December....
Denmark will take stakes of 20% in new offshore wind projects, copying a successful setup used for oil licences in the previous decades. Bloomberg reports that the model will cover 6 GW of tenders...
Diamond group De Beers officially opened its new South African rough diamond sorting, valuation and sales facility on May 19. Located in Kempton Park, the Sightholder Sales South Africa facility...
Extending the lifespan of South Africa’s coal-fired power plants is unlikely to attract investment, Standard Chartered warned earlier this month. CEO Kweku Bedu-Addo was quoted by Business Day as...
Australia is allocating $1.4-billion to support renewable hydrogen projects. The funding, Bloomberg reports, will provide revenue support to private developers, with the aim of having two or three...
Construction of the Msikaba Bridge project, which is valued at R1.72-billion, is now firmly under way after being disrupted by the Covid-19 lockdowns. The 580-m span, 195-m high, cable-stay bridge...
Global military spending rose to a record last year, with the invasion of Ukraine having an immediate impact on military spending decisions. Overall, defence expenditure increased by 3.7% in real...
The deadly conflict that erupted in Sudan this month came amid a protracted power struggle that has simmered since the toppling of Omar al-Bashir four years ago, as well as the derailing of an...
While South Africa’s Electricity Minister was mooting what would be an extremely costly and disruptive plan to extend the life of South Africa’s failing coal stations, the world’s richest...
With the Draft Electricity Amendment Bill now officially poised to make its way through the Parliamentary process, conditions are finally being prepared for a redesign of the country’s failing...
US Vice President Kamala Harris promised that America would increase investment in Africa as the US administration moved more assertively to counter China’s growing influence across the continent....
Zimbabwe’s ban on lithium ore exports has resulted in stockpiles of the key battery metal building up in the southern African country, Bloomberg reports. Purportedly introduced to encourage local...
While South Africa continues to dilly-dally in putting in the policies and infrastructure required for its mining sector to conduct the exploration needed to ensure it can supply the minerals...
Minister of Electricity, Dr Kgosientsho Ramokgopa, has promised swift action to tackle loadshedding following his appointment by President Cyril Ramaphosa on March 6. Seen here being sworn in by...
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