Darren Parker
Darren Parker is a Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.
National Treasury notes Moody’s reaffirmation of South Africa’s junk status
4th December 2024 National Treasury has noted Moody’s decision to affirm the country’s long-term foreign and local currency debt ratings at Ba2 – otherwise known as... →
Africa enjoyed a 9% y/y increase in FDI in 2024, report shows
2nd December 2024 Africa recorded a 9% year-on-year increase in foreign direct investment (FDI) projects this year, albeit still 22% below prepandemic levels from... →
Eskom, Indian power utility sign knowledge exchange MoU
28th November 2024 Indian power generation company NTPC has signed a memorandum of understanding (MoU) with South African State-owned utility Eskom to exchange... →
‘No crisis looming’ as independent technical assessment set to resolve billing dispute between Eskom, City Power
11th November 2024 Electricity and Energy Minister Dr Kgosientsho Ramakgopa has confirmed that an independent technical assessment of the R6.1-billion billing dispute... →
Trip at Kriel power station’s Unit 6 will not lead to loadshedding, Eskom assures
4th November 2024 State-owned utility Eskom has assured the country that the tripping of Unit 6 at the Kriel power station, in Mpumalanga, on November 3, would not... →
South Africa not the only country facing challenges – Mavuso
28th October 2024 Business Leadership South Africa CEO Busi Mavuso has noted that many of the challenges faced by the South African economy are shared by other... →
Automotive industry the ‘unsung hero’ of the South African economy – Mavuso
21st October 2024 Business Leadership South Africa (BLSA) CEO Busi Mavuso has described the domestic automotive industry as the “unsung hero of the South African... →
South Africa’s emissions to peak in 2024, reach decade low in 2030 – report
7th October 2024 South Africa’s overall emissions will reach their peak this year and will be followed by a downward trend that will culminate in the lowest... →
Ramokgopa confident he can head off Eskom’s ‘untenable’ tariff hike with policy adjustments
1st October 2024 Electricity and Energy Minister Dr Kgosientsho Ramokgopa is confident that State-owned utility Eskom’s proposed tariff increase for direct... →
Combatting resurgence of Somali pirate activity requires holistic approach, expert says
23rd September 2024 Maritime piracy along the Somali coast is seeing something of a resurgence in 2024 because the root causes on land have gone largely unaddressed... →
Motshekga praises decision to bring Denel under the wing of the Defence dept
17th September 2024 Defence and Military Veterans Minister Angie Motshekga has praised President Cyril Ramaphosa’s “wise” decision to bring State-owned enterprise... →
CoJ wants unified forum to address illegal mining scourge
29th August 2024 The City of Johannesburg's (CoJ’s) Environment and Infrastructure Services Department (EISD) has called for the establishment of a unified forum to... →
Transnet rolling out novel outcomes-based security approach to protect its infrastructure
28th August 2024 State-owned Transnet is implementing a novel outcomes-based security (OBS) approach to combat the high levels of theft and vandalism on its rail... →
Poor social development threatens South Africa’s economic sustainability, report shows
6th August 2024 Persistently high youth unemployment rates and some of the highest levels of inequality globally have led financial institution Rand Merchant Bank... →
National Treasury welcomes signing of Pension Funds Amendment Act into law
30th July 2024 National Treasury has voiced its approval of the Pension Funds Amendment Act being signed into law by the President Cyril Ramaphosa last week. This... →
Eskom employee, service provider face fraud charges in court
9th July 2024 An employee of State-owned Eskom and a service provider to the utility last week appeared in the Hendrina Magistrate Court, in Mpumalanga, on... →
GNU Cabinet announcement gave business confidence a boost, says BLSA
8th July 2024 Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has said that business confidence is growing on the back of the... →
Streamlined PPP framework could unlock infrastructure investment
21st June 2024 In February, the National Treasury asked for public comments to be submitted in respect of the newly drafted amendments to the National Treasury... →
Green Connection petitions court to ‘force’ Nersa, DMRE to supply Karpowership information
5th June 2024 Environmental activist nonprofit organisation the Green Connection has taken the National Energy Regulator of South Africa (Nersa) and the... →
Persistently poor GDP growth most significant feature of South Africa’s economic performance
4th June 2024 South Africa’s continued disappointing economic growth remains the most significant feature of the country’s macroeconomic performance, North-West... →
South Africa scores 'moderately positive' global reputation rating, study finds
22nd May 2024 Despite South Africa’s global infamy for corruption, rampant crime, poor service delivery, political instability and inequality, recent findings of... →
Genuine progress, not electioneering, behind the easing of loadshedding, council says
9th May 2024 The current loadshedding reprieve is not a result of excessive diesel burning to pacify voters but rather a consequence of government and business... →
Nelson Mandela University-led consortium to develop green hydrogen feasibility study
22nd April 2024 A consortium led by Nelson Mandela University and boutique consultancy firm Ikigai Group has won a UK Government grant under the South Africa-UK... →
Bankan gold project in Guinea yields ‘promising’ exploration results
9th April 2024 ASX-listed Predictive Discovery has revealed “promising” findings from its regional drilling activities at the Bankan gold project, in Guinea,... →
Unions, industry prepare for ‘tough’ talks as metals, engineering negotiations set to get under way
9th April 2024 Trade unions and industry associations expect negotiations at the Metal and Engineering Industries Bargaining Council (MEIBC), which are set to... →
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so,... →
Policy uncertainty edging further into negative territory ahead of elections, report shows
3rd April 2024 The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index... →
Multi-Party Charter reveals its plans to end loadshedding if ANC can be ousted
28th February 2024 The 11 political parties that are members of the Multi-Party Charter (MPC) for South Africa have voiced a unified plan to end loadshedding once and... →
Criminal Asset Recovery Fund, not fiscus, to fund SANDF’s war on illegal mining
21st February 2024 The Portfolio Committee on Defence and Military Veterans has claimed that the deployment of the South African National Defence Force (SANDF) in... →
Global corporate tax minimum to be implemented this year
21st February 2024 In an effort boost tax revenue going forward, government will be implementing the long-awaited global corporate tax minimum in the coming year,... →
70 out of 72 municipalities approved for Eskom debt relief
21st February 2024 Out of 72 municipality applications for State-owned Eskom debt relief, 70 have been approved, Finance Minister Enoch Godongwana revealed in his... →
No change to fuel levies this year, Godongwana says
21st February 2024 Government has decided once again to leave the general fuel levy and Road Accident Levy Fund unchanged, resulting in tax relief of about... →
Up to 12% of Gauteng motorists still paying their e-toll bills, says Outa
15th February 2024 Between 10% and 12% of road users in Gauteng are still paying for e-tolls, despite the October 2022 announcement by Finance Minister Enoch... →
Sacci business confidence index shows incremental improvements
8th February 2024 The South African Chamber of Commerce and Industry (Sacci) has revealed that its business confidence index (BCI) for December last year reached a... →
Petrol, diesel prices to go up by more than 70c/ℓ on Wednesday
6th February 2024 Both 93 and 95 unleaded petrol (ULP) and lead replacement petrol (LRP) are going to cost an additional 75c/ℓ from February 7. The cost of diesel is... →
New Bacsa to support business, govt collaboration in fight against crime, corruption
5th February 2024 Industry body Business Against Crime South Africa (Bacsa) has been confirmed as the primary point of contact for business interaction with... →
Global economic growth expected to stagnate this year
30th January 2024 Global economic growth is expected to be subdued, if not stagnant this year, with global trade also expected to be sluggish, financial services... →
Durban Container Terminal Pier 2's performance improving but ‘not out of the woods’
11th January 2024 The Durban Container Terminal (DCT) Pier 2 has averaged single-digit vessels at anchor over the last two weeks, having earlier ensured that all... →
Absa PMI ends 2023 on stronger footing as December business activity rises
8th January 2024 Financial institution Absa’s Purchasing Managers’ Index (PMI) closed out 2023 on a somewhat stronger footing, rising by 2.7 points to 50.9 index... →
Passage of NHI Bill would spell disaster for the health sector – BLSA
11th December 2023 Business Leadership South Africa CEO Busi Mavuso has warned of the deteriorating health sector without the prospect of recovery, owing in large... →
Cabinet approves R2.1bn to fight illegal mining, organised crime
20th November 2023 Cabinet has approved the allocation of R2.1-billion in the criminal asset recovery account to provide aid in the fight against illegal mining and... →
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