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        <title>Engineering News | Economy</title>
        <description><![CDATA[Latest news on economy, including budget, competition policy, labour & skills development, legislative environment, state companies, tourism and macro and micro industry.]]></description>
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            <title>SADC can be a testing ground for turning African minerals into development – UN ECA</title>
            <link>https://www.engineeringnews.co.za/article/sadc-can-be-a-testing-ground-for-turning-african-minerals-into-development-un-eca-2026-08-14</link>
            <description><![CDATA[Demand for critical energy transition minerals, including cobalt, copper, graphite, lithium, manganese, nickel, platinum group metals (PGMs) and rare earth elements, could more than triple by 2030 under net-zero scenarios and Africa holds about 30% of the global reserves of critical energy transition minerals. The Southern African Development Community (SADC) region is a testing ground for Africa’s strategic resolve to reshape its future through deliberate choices, while avoiding dependency and driving transformation, says UN Economic Commission for Africa (ECA) executive secretary Claver Gatete.]]></description>
            <author>Schalk Burger</author>
            <category>CRITICAL DEVELOPMENT</category>
            <pubDate>Fri, 14 Aug 2026 14:08:00 +0200</pubDate>
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        <editor>Chanel de Bruyn</editor>
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            <title>Tariff increases might hinder SAREM </title>
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            <description><![CDATA[The implementation of the South African Renewable Energy Masterplan (SAREM) could be affected by abrupt or poorly sequenced increases in some import tariffs, which may raise equipment costs, affect the broader renewable-energy supply chain and weaken the competitiveness of renewable-energy projects, says Dr Arthur Mangwende, Africa sales manager at PV mounting-structure solutions provider Powerway Renewable Energy, and a renewable-energy industry expert. Many local industries depend on the global, interconnected supply chain for raw materials, components and equipment such as specialised steel components and electrical equipment used in the local manufacture of solar modules, inverters, batteries, mounting structures and trackers. ]]></description>
            <author>Trent Roebeck</author>
            <category>Economy</category>
            <pubDate>Fri, 14 Aug 2026 00:00:00 +0200</pubDate>
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        <editor>Nadine James</editor>
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        <image_title>SAREM HINDRANCE
Increased import tariffs might hinder the progression and implementation of the SAREM, including imported components used in the manufacture of solar panels</image_title>
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            <title>Switchgear system aligns with masterplan implementation</title>
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            <description><![CDATA[Energy solutions and technology company Siemens is assisting independent power producers (IPPs) in connecting to the grid. This includes localising portions of the assembly of its 8DA gas-insulated medium-voltage switchgear system that connects them to the grid. State-owned power utility Eskom announced in 2023 that it would no longer build connecting substations for IPPs.]]></description>
            <author>Trent Roebeck</author>
            <category>Economy</category>
            <pubDate>Fri, 14 Aug 2026 00:00:00 +0200</pubDate>
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        <editor>Nadine James</editor>
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        <image_title>8DA SWITCHGEAR SYSTEM 
The 8DA switchgear system has been installed at various projects in the country, including in the Northern Cape, Eastern Cape and Free State</image_title>
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            <title>DHA launches Electronic Travel Authorisation platform to boost tourism, curb corruption</title>
            <link>https://www.engineeringnews.co.za/article/dha-launches-electronic-travel-authorisation-platform-to-boost-tourism-curb-corruption-2026-08-13</link>
            <description><![CDATA[The Department of Home Affairs (DHA) has launched South Africa’s Electronic Travel Authorisation (ETA) platform, which was designed to modernise and digitally transform South Africa’s visa and immigration system. The ETA improves mobility and migration management in South Africa and unlocks economic growth through tourism, investment and legitimate travel, while combating visa fraud and illegal immigration.]]></description>
            <author>Schalk Burger</author>
            <category>TRAVEL AUTHORISATION</category>
            <pubDate>Thu, 13 Aug 2026 11:55:00 +0200</pubDate>
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        <updated>1786623555</updated>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>Home Affairs Minister Leon Schreiber </image_title>
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            <title>South African rand steady ahead of mining data and as Fed rate-hike bets shrink</title>
            <link>https://www.engineeringnews.co.za/article/south-african-rand-steady-ahead-of-mining-data-and-as-fed-rate-hike-bets-shrink-2026-08-13</link>
            <description><![CDATA[The South African rand was little changed early on Thursday as investors awaited domestic mining production data and lower-than-expected US inflation figures tempered expectations that the Federal Reserve will raise interest rates next month. At 0745 GMT the rand traded at 16.1625 against the dollar, almost unchanged from its previous close.]]></description>
            <author>  Reuters</author>
            <category>Economy</category>
            <pubDate>Thu, 13 Aug 2026 10:26:00 +0200</pubDate>
        <a_id>727760</a_id>
        <updated>1786609714</updated>
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        <editor>  Reuters</editor>
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            <title>PIC needs overhaul of how it is governed, as Mpati Commission recommended in 2020 – Mavuso</title>
            <link>https://www.engineeringnews.co.za/article/pic-needs-overhaul-of-how-it-is-governed-as-mpati-commission-recommended-in-2020-mavuso-2026-08-12</link>
            <description><![CDATA[The State-owned Public Investment Corporation (PIC) requires a fundamental overhaul of how it is governed, as it faces the same institutional flaws as large State-owned enterprises did before their reform, says business organisation Business Leadership South Africa CEO Busisiwe Mavuso. During the week of August 3 to 7, the Gauteng High Court overturned the suspension of PIC CEO Patrick Dlamini, ruling that the board that suspended him lacked the authority to do so, as only the Finance Minister holds that power.]]></description>
            <author>Schalk Burger</author>
            <category>PUBLIC GOVERNANCE</category>
            <pubDate>Wed, 12 Aug 2026 11:49:00 +0200</pubDate>
        <a_id>727648</a_id>
        <updated>1786529383</updated>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>BLSA CEO Busi Mavuso</image_title>
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            <title>NUM to oppose Eskom unbundling in court; threatens strike action</title>
            <link>https://www.engineeringnews.co.za/article/num-to-oppose-eskom-unbundling-in-court-threatens-strike-action-2026-08-12</link>
            <description><![CDATA[Labour union the National Union of Mineworkers (NUM) says its legal team is preparing to take formal court action to challenge the decision to establish an independent transmission system operator (TSO). President Cyril Ramaphosa approved the Eskom Restructuring Task Team (ERTT) Phase I Report on July 31.]]></description>
            <author>Schalk Burger</author>
            <category>ELECTRICITY GRID</category>
            <pubDate>Wed, 12 Aug 2026 11:21:00 +0200</pubDate>
        <a_id>727641</a_id>
        <updated>1786528052</updated>
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        <editor>Chanel de Bruyn</editor>
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            <title>South African rand steady near five-month peak</title>
            <link>https://www.engineeringnews.co.za/article/south-african-rand-steady-near-five-month-peak-2026-08-12</link>
            <description><![CDATA[he South African rand was steady in early trade on Wednesday, holding near a five-month high against the dollar as traders took stock of recent domestic unemployment figures and awaited fresh US inflation data. At 0630 GMT, the rand traded at 16.19 against the dollar, little changed from its previous close and maintaining levels around its strongest since March 2.]]></description>
            <author>  Reuters</author>
            <category>Economy</category>
            <pubDate>Wed, 12 Aug 2026 09:08:00 +0200</pubDate>
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        <editor>  Reuters</editor>
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