Operation Vulindlela making progress in driving priority structural reforms

The Presidency’s Operation Vulindlela (OV) has made markable process on accelerating implementation of priority structural reforms since its establishment in October 2020. Presidency project management office head Rudi Dicks addressed delegates during the Manufacturing Indaba, held in Sandton on June 21, highlighting that much of the constraints mentioned by the private sector within the manufacturing sector, including load-shedding and freight issues, are within the focus areas of OV.
/by

South Africa transmission firm seen hobbled by Eskom millstone

South Africa’s plan to create a power transmission company that will attract the investment needed to strengthen the national grid has been hobbled by its restrictive debt arrangements with parent Eskom Holdings, two people familiar with the situation said. Under the plan to separate the unit, which Eskom presented to its creditors on June 10, the national power utility will extend a R39.9-billion loan to the National Transmission Company of South Africa, or NTCSA. That funding will be guaranteed by the NTCSA’s assets if Eskom, which is R396-billion in debt, doesn’t meet its own obligations.
/by

Patel says ‘pragmatic solution’ to be found to localisation-linked delays to renewables roll-out

Trade, Industry and Competition Minister Ebrahim Patel reports that government is working to find a “pragmatic solution” to the problem where local-content requirements contained in government’s electricity procurement programmes are delaying the construction of utility scale renewable-energy projects. “I’ve asked the Department of Trade, Industry and Competition (DTIC) team to meet with the energy team to see how we can ensure that our localisation goals don’t retard the development of green energy, and that we find ways to speed up processes,” Patel said in response to a question posed by Engineering News on the side-lines of the Manufacturing Indaba.
/by

Hyve Group opens Johannesburg office

International exhibition and conference organiser Hyve Group has opened a Johannesburg office as a means to enhance its presence in South Africa and expand opportunities for South African citizens.

Hyve Group, which employs over 650 people in 12 offices globally, organises over 50 trade exhibitions and conferences in 11 countries and more than 20 technology-enabled meeting programmes a year.
/by

The Industry Transition: A Pathway to Decarbonising the Hard-to-Abate

The hard to abate sectors currently produce more than a third of the worlds’ climate chaining emissions, which we must sharply curtail if we are to hold global warming to 1.5ºC. Yet, they are integral to humanity and ultimately they ’re playing an integral role in reducing our reliance on fossil fuels and other emissions producers.
/by