Necsa secures approval for detailed design phase for multipurpose reactor

State-owned South African Nuclear Energy Corporation (Necsa) has secured approval, as well as R1.2-billion in funding, from government for the second phase of its multipurpose reactor, which entails doing the detailed design, Necsa Nuclear Operations and Advanced Manufacturing group executive Ayanda Myoli has told journalists. The approval and funding indicated a high level of confidence from government that it was a viable project for the country and Necsa, he said in a media briefing on February 17.
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NOA Group gearing up to supply wheeled electricity after securing trading licence

The trading arm of private energy company NOA is gearing up to supply wheeled renewable electricity to multiple customers in South Africa following the National Energy Regulator of South Africa’s (Nersa’s) recent approval of its trading licence. NOA Group CEO Karel Cornelissen says the licence enables NOA Trading to aggregate energy from the company’s own renewables generators and other independent power producers and supply it to Eskom- or municipal-connected customers across the country.
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Afrimat notes some improvement in conditions following tough first-half

JSE-listed mining and materials group Afrimat has warned that losses in its cement segment and a weaker-than-expected performance from its anthracite segment will mean that its results for the 2025 financial year will be lower than those of the previous period. In a preclose briefing on February 17, the company noted that changes in the iron-ore market, given the rand value received on iron-ore exports and the volume reduction from ArcelorMittal South Africa (AMSA) in the first half of the 2025 financial year, severely impacted on Afrimat’s financial performance.
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