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        <title>Engineering News | Macro &amp; Micro</title>
        <description><![CDATA[Latest news on macro and micro economy.]]></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>
        <a_id>727940</a_id>
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        <editor>Chanel de Bruyn</editor>
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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>Macro &amp; Micro</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>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>Macro &amp; Micro</category>
            <pubDate>Wed, 12 Aug 2026 09:08:00 +0200</pubDate>
        <a_id>727603</a_id>
        <updated>1786518656</updated>
        <published>1786518480</published>
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        <editor>  Reuters</editor>
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            <title>Global youth unemployment rises amid sluggish job creation and looming AI risk, UN labour ...</title>
            <link>https://www.engineeringnews.co.za/article/global-youth-unemployment-rises-amid-sluggish-job-creation-and-looming-ai-risk-un-labour-agency-says-2026-08-12</link>
            <description><![CDATA[Global youth unemployment increased in 2025 as weaker economic growth, geopolitical tensions and sluggish job creation made it harder for young people to find work, the International Labour Organization (ILO) said on Wednesday, warning that AI could add to mounting labour market pressures. The global unemployment rate among 15-to-24-year-olds rose to 12.4% last year from 12.3% in 2023, equivalent to 67-million 15-to-24-year-olds worldwide, according to a new report by the UN labour agency.]]></description>
            <author>  Reuters</author>
            <category>UNEMPLOYMENT</category>
            <pubDate>Wed, 12 Aug 2026 09:01:00 +0200</pubDate>
        <a_id>727598</a_id>
        <updated>1786518451</updated>
        <published>1786518060</published>
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        <editor>  Reuters</editor>
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            <title>Presidency rebukes Eskom chair over criticism</title>
            <link>https://www.engineeringnews.co.za/article/presidency-rebukes-eskom-chair-over-criticism-2026-08-11</link>
            <description><![CDATA[South Africa’s presidency rebuked the chairperson of Eskom for publicly questioning the plan to restructure the State power utility. The authorities are committed to ensuring that Eskom doesn’t end up in a worse financial position than its current one, with a broad range of interested parties involved in the discussions about the unbundling of the utility, presidency spokesman Vincent Magwenya said on Tuesday. Magwenya’s comments came in response to Eskom chairperson Mteto Nyati, who warned last week that plans to transferring the power company’s transmission assets to an independent operator may trigger change-of-control provisions in lending agreements, create accounting complications and unsettle bondholders. Chief Executive Officer Dan Marokane in June said the unbundling needs to be handled in a way that’s sustainable for the company.]]></description>
            <author>  Bloomberg</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Tue, 11 Aug 2026 15:54:00 +0200</pubDate>
        <a_id>727581</a_id>
        <updated>1786608505</updated>
        <published>1786456440</published>
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        <editor>  Bloomberg</editor>
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            <title>Official unemployment rate rises to 33.6% in the second quarter</title>
            <link>https://www.engineeringnews.co.za/article/official-unemployment-rate-rises-to-336-in-the-second-quarter-2026-08-11</link>
            <description><![CDATA[Statistics South Africa (Stats SA) has confirmed that South Africa's official unemployment rate increased by 0.9 of a percentage point to 33.6% for the second quarter, compared with 32.7% in the first quarter of this year. Stats SA's Quarterly Labour Force Survey shows that the number of unemployed persons increased by 345 000 quarter-on-quarter to 8.5-million, while the number of employed persons decreased by 16 000 quarter-on-quarter to 16.7-million. This resulted in an increase of 329 000 in the labour force during the same period.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>UNEMPLOYMENT</category>
            <pubDate>Tue, 11 Aug 2026 11:08:00 +0200</pubDate>
        <a_id>727531</a_id>
        <updated>1786457859</updated>
        <published>1786439280</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>BRICS nations discuss linking payment systems and CBDCs, RBI chief says</title>
            <link>https://www.engineeringnews.co.za/article/brics-nations-discuss-linking-payment-systems-and-cbdcs-rbi-chief-says-2026-08-11</link>
            <description><![CDATA[Members of the BRICS group of nations are discussing potential linkages between their respective fast payment systems and central bank digital currencies, Reserve Bank of India Governor Sanjay Malhotra said at an event on Tuesday. The BRICS organisation includes Brazil, Russia, India, China and South Africa, among others. India is hosting the 2026 edition of the annual summit.]]></description>
            <author>  Reuters</author>
            <category>FINANCE</category>
            <pubDate>Tue, 11 Aug 2026 09:54:00 +0200</pubDate>
        <a_id>727516</a_id>
        <updated>1786436975</updated>
        <published>1786434840</published>
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        <editor>  Reuters</editor>
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        <image_title>Reserve Bank of India Governor Sanjay Malhotra</image_title>
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            <title>Johannesburg's water crisis angers voters, drives rich off-grid</title>
            <link>https://www.engineeringnews.co.za/article/johannesburgs-water-crisis-angers-voters-drives-rich-off-grid-2026-08-11</link>
            <description><![CDATA[Dry taps have become a daily frustration for residents of Johannesburg, a city haemorrhaging more than a third of its water supply, or an estimated 655 million litres (173 million gallons) a day, through burst pipes.  "I feel really broken," 17-year-old student Thandani Masangu said after spending three hours wheeling empty containers on a trolley through the peeling and trash-strewn urban neighbourhood of Hillbrow searching for water. ]]></description>
            <author>  Reuters</author>
            <category>SERVICE DELIVERY</category>
            <pubDate>Tue, 11 Aug 2026 09:28:00 +0200</pubDate>
        <a_id>727508</a_id>
        <updated>1786433819</updated>
        <published>1786433280</published>
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        <editor>  Reuters</editor>
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        <image_title>People filling buckets of water from a water tanker</image_title>
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            <title>South African rand steady ahead of labour data</title>
            <link>https://www.engineeringnews.co.za/article/south-african-rand-steady-ahead-of-labour-data-2026-08-11</link>
            <description><![CDATA[The South African rand was steady in early trade on Tuesday ahead of the release of labour market data, with analysts expecting a modest uptick in the unemployment rate after rising fuel costs and heightened uncertainty weighed on economic activity in the second quarter of 2026. At 0600 GMT the rand traded at 16.18 against the dollar, little changed from its 16.1950 close.]]></description>
            <author>  Reuters</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Tue, 11 Aug 2026 08:57:00 +0200</pubDate>
        <a_id>727500</a_id>
        <updated>1786431576</updated>
        <published>1786431420</published>
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        <editor>  Reuters</editor>
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        <has_audio>0</has_audio>
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            <title>Lamola calls for value-added critical minerals industry to drive Africa's industrialisation</title>
            <link>https://www.engineeringnews.co.za/article/lamola-calls-for-value-added-critical-minerals-industry-to-drive-africas-industrialisation-2026-08-07</link>
            <description><![CDATA[Africa must seize the global critical minerals opportunity to accelerate industrialisation, create jobs and deepen regional economic integration rather than continue exporting raw materials, International Relations and Cooperation Minister Ronald Lamola argues. Speaking at the Ambassadorial Breakfast on Africa's Growth Through Critical Minerals event, hosted by Absa in partnership with the Department of International Relations and Cooperation, in Johannesburg, on August 7, he said Africa's vast critical mineral endowment positioned the continent at the centre of the global energy transition.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>CRITICAL MINERALS &amp; INDUSTRIALISATION</category>
            <pubDate>Fri, 07 Aug 2026 16:19:00 +0200</pubDate>
        <a_id>727488</a_id>
        <updated>1786112920</updated>
        <published>1786112340</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title>Ronald Lamola</image_title>
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            <title>Africa's infrastructure guarantees platform plans to double its capital, CEO says</title>
            <link>https://www.engineeringnews.co.za/article/africas-infrastructure-guarantees-platform-plans-to-double-its-capital-ceo-says-2026-08-07</link>
            <description><![CDATA[African Trade and Investment Development Insurance (ATIDI) plans to double its capital to $2-billion over the next two years, its chief executive told Reuters, as African leaders look to a new financing model for the hundreds of billions of dollars needed for infrastructure investment on the continent.  "Our ambition is to get to $2-billion ... what limits us is capital," Manuel Moses told Reuters, adding the process depended on securing new shareholders but would likely take roughly two years. "We want to do it as soon as possible."]]></description>
            <author>  Reuters</author>
            <category>INFRASTRUCTURE</category>
            <pubDate>Fri, 07 Aug 2026 12:03:00 +0200</pubDate>
        <a_id>727458</a_id>
        <updated>1786098363</updated>
        <published>1786096980</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
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            <title>South Africa secures $500m loan to strengthen climate-resilient urban services</title>
            <link>https://www.engineeringnews.co.za/article/south-africa-secures-500m-loan-to-strengthen-climate-resilient-urban-services-2026-08-07</link>
            <description><![CDATA[Multilateral development bank the Asian Infrastructure Investment Bank (AIIB) and South Africa have signed a $500-million sovereign-backed loan to support the South Africa Metro Trading Services Programme, which is aimed at improving the financial sustainability, accountability and operational performance of municipal services, including water supply and sanitation, electricity and solid waste management services, while supporting the country's transition to low-carbon, climate-resilient urban development. The program is co-financed with the World Bank as part of a broader $3-billion programme led by the South African government. The financing marks AIIB’s first investment in South Africa, establishing a new partnership to advance the country’s sustainable infrastructure priorities.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>FINANCE</category>
            <pubDate>Fri, 07 Aug 2026 11:41:00 +0200</pubDate>
        <a_id>727452</a_id>
        <updated>1786098019</updated>
        <published>1786095660</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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            <title>New PIC board commits to ensuring governance, institutional stability</title>
            <link>https://www.engineeringnews.co.za/article/new-pic-board-commits-to-ensuring-governance-institutional-stability-2026-08-07</link>
            <description><![CDATA[The new board of the Public Investment Corporation (PIC) met on Thursday to constitute the required board oversight and corporate governance structures to ensure institutional stability and continuity at the PIC. The board also welcomed the judgment by the Pretoria High Court earlier this week, declaring the precautionary suspension of CEO Patrick Dlamini invalid and unlawful. Dlamini has resumed his duties as CEO and executive director.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>GOVERNANCE</category>
            <pubDate>Fri, 07 Aug 2026 11:26:00 +0200</pubDate>
        <a_id>727446</a_id>
        <updated>1786096702</updated>
        <published>1786094760</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>PIC CEO Patrick Dlamini</image_title>
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            <title>South Africa already upgraded by Bond Market as rating firms lag</title>
            <link>https://www.engineeringnews.co.za/article/south-africa-already-upgraded-by-bond-market-as-rating-firms-lag-2026-08-07</link>
            <description><![CDATA[South African authorities are focused on hitting budget targets rather than pleasing credit-rating firms, according to the government’s top finance official — and the reward is a bond market that’s already pricing the country’s debt as investment grade. Africa’s largest economy was cut to junk in 2017 after years of institutional erosion, fiscal deterioration, and rampant corruption known as “state capture.” The government has now reversed spending overruns into surpluses, with debt ratios set to decline from the current fiscal year. Ratings companies have started rewarding the improvement in state finances. But while Fitch Ratings and S&P Global Ratings have made positive changes to their credit assessments, they remain at BB, two steps below investment level.]]></description>
            <author>  Bloomberg</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Fri, 07 Aug 2026 08:52:00 +0200</pubDate>
        <a_id>727409</a_id>
        <updated>1786110240</updated>
        <published>1786085520</published>
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        <editor>  Bloomberg</editor>
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            <title>South Africa's fuel stock policy will tie up more working capital, expose traders to currency ...</title>
            <link>https://www.engineeringnews.co.za/article/south-africas-fuel-stock-policy-will-tie-up-more-working-capital-expose-traders-to-currency-risks-verto-warns-2026-08-06</link>
            <description><![CDATA[South Africa's proposed shift from voluntary to mandatory strategic petroleum stockholding may strengthen protection against fuel supply shocks, but will require importers to finance more stock and risk trapping the working capital needed to keep trade moving, says cross-border financial technology firm Verto. The dual-obligation model detailed in the gazetted Draft Strategic Petroleum Stocks Policy requires State strategic stocks equivalent to 60 days of net imports that will be managed by the South African National Petroleum Company, and 21 days of mandatory stocks for licensed wholesalers and importers.]]></description>
            <author>Schalk Burger</author>
            <category>FUEL STOCK</category>
            <pubDate>Thu, 06 Aug 2026 15:58:00 +0200</pubDate>
        <a_id>727396</a_id>
        <updated>1786084537</updated>
        <published>1786024680</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>IDC sets R51.5bn disbursement target as it aligns strategy to new industrial thrusts</title>
            <link>https://www.engineeringnews.co.za/article/idc-sets-r515bn-disbursement-target-as-it-aligns-strategy-to-new-industrial-thrusts-2026-08-06</link>
            <description><![CDATA[South Africa’s Industrial Development Corporation (IDC) has set a target of disbursing R51.5-billion in funding over the coming three financial years having aligned its corporate plan to government’s new industrial strategy. In a presentation this week to Parliament’s Select Committee on Economic Development and Trade, acting COO David Jarvis reported that the State-owned development financier would continue to support established industries while seeking to catalyse future-focused value chains identified in the Industrial Development Strategy (IDS) of 2026.]]></description>
            <author>Terence Creamer</author>
            <category>DEVELOPMENT FINANCE</category>
            <pubDate>Thu, 06 Aug 2026 14:50:00 +0200</pubDate>
        <a_id>727368</a_id>
        <updated>1786024067</updated>
        <published>1786020600</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Business Partners launches R150m SME Youth Jobs Fund</title>
            <link>https://www.engineeringnews.co.za/article/business-partners-launches-r150m-sme-youth-jobs-fund-2026-08-06</link>
            <description><![CDATA[Small and medium-sized enterprise (SME) financier Business Partners has established a R150-million SME Youth Jobs Fund to enable established SMEs to create new employment opportunities for young South Africans, while supporting business growth and driving inclusive economic development. The launch comes as youth unemployment remains one of the country's most pressing socioeconomic challenges. ]]></description>
            <author>Creamer Media Reporter  </author>
            <category>ENTERPRENEURSHIP AND EMPLOYMENT</category>
            <pubDate>Thu, 06 Aug 2026 11:25:00 +0200</pubDate>
        <a_id>727329</a_id>
        <updated>1786016873</updated>
        <published>1786008300</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Business Partners MD Jeremy Lang</image_title>
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            <title>Joshco launches city-wide housing needs survey</title>
            <link>https://www.engineeringnews.co.za/article/joshco-launches-city-wide-housing-needs-survey-2026-08-06</link>
            <description><![CDATA[The Johannesburg Social Housing Company (Joshco) has, in partnership with the City of Johannesburg Department of Human Settlements, launched a city-wide housing needs analysis survey to establish an empirical baseline to determine actual housing demand, spatial preferences, affordability profiles and specific tenure requirements across the municipality. The survey will run across all seven city regions – Regions A to G – and from August 4 to 30.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>HUMAN SETTLEMENTS</category>
            <pubDate>Thu, 06 Aug 2026 11:15:00 +0200</pubDate>
        <a_id>727326</a_id>
        <updated>1786014625</updated>
        <published>1786007700</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001290740_resized_untitledaugust062026at0914452.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Dangote has 'strong intent' for South Africa listing after Nigeria IPO – JSE</title>
            <link>https://www.engineeringnews.co.za/article/dangote-has-strong-intent-for-south-africa-listing-after-nigeria-ipo-jse-2026-08-06</link>
            <description><![CDATA[The JSE has engaged with Nigeria's Dangote Group and said the company could list its petroleum refinery in South Africa after a Nigerian IPO, a spokesperson told Reuters on Wednesday. "They will list in Nigeria first but with strong intent to hopefully bring the listing to South Africa," the JSE said in an emailed response to Reuters questions.]]></description>
            <author>  Reuters</author>
            <category>OIL</category>
            <pubDate>Thu, 06 Aug 2026 09:10:00 +0200</pubDate>
        <a_id>727288</a_id>
        <updated>1786001984</updated>
        <published>1786000200</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001290601_resized_untitledaugust062026at091445.jpeg</image_url>
        <image_title>A crude oil storage tank at the Dangote refinery in Nigeria</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>South African private sector growth slows slightly in July, PMI shows</title>
            <link>https://www.engineeringnews.co.za/article/south-african-private-sector-growth-slows-slightly-in-july-pmi-shows-2026-08-05</link>
            <description><![CDATA[South Africa's private sector expanded for a second straight month in July, though at a slightly slower pace as weaker employment growth and renewed stock drawdowns offset a return to output growth, a business survey showed on Wednesday. The S&P Global South Africa Purchasing Managers' Index fell to 50.3 in July from 50.5 in June, a survey by S&P Global showed. The 50-mark separates growth from contraction. Employment growth slowed sharply to a six-month low despite a first increase in backlogs of work since September. Supply chains remained stretched, with vendor delivery times lengthening for a seventh month, though the deterioration was the softest since February.]]></description>
            <author>  Reuters</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Wed, 05 Aug 2026 09:42:00 +0200</pubDate>
        <a_id>727181</a_id>
        <updated>1785938860</updated>
        <published>1785915720</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001290241_resized_trafficsandtonskyline105121022duane.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>South African court orders reinstatement of PIC CEO</title>
            <link>https://www.engineeringnews.co.za/article/south-african-court-orders-reinstatement-of-picceo-2026-08-04</link>
            <description><![CDATA[A South African court on Tuesday declared invalid the suspension of Public Investment Corporation (PIC) CE Patrick Dlamini by the board, ordering his reinstatement at the helm of the embattled state asset manager. The PIC manages more than R3-trillion ($183-billion) in assets and is the biggest investor on the Johannesburg Stock Exchange.]]></description>
            <author>  Reuters</author>
            <category>GOVERNANCE</category>
            <pubDate>Tue, 04 Aug 2026 22:06:00 +0200</pubDate>
        <a_id>727158</a_id>
        <updated>1785908548</updated>
        <published>1785873960</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001290166_resized_patrickdlamini0506201910221.jpg</image_url>
        <image_title>PIC CEO Patrick Dlamini</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Treasury says infrastructure bonds to become permanent part of funding activity</title>
            <link>https://www.engineeringnews.co.za/article/treasury-says-infrastructure-bonds-to-become-permanent-part-of-funding-activity-2026-08-04</link>
            <description><![CDATA[National Treasury director-general Dr Duncan Pieterse says there is strong interest from institutional investors to support government’s public investment ambitions, citing recent developments in relation to government’s issuance of infrastructure bonds. “Following the R11.8-billion raised in the debut issuance of the new infrastructure bond on 8 December 2025, we conducted our first auction tapping these instruments on the 8th of July. R5-billion was on offer, but total bids of R17.8-billion were received and we decided to allocate R4.4-billion,” Pieterse said at an Absa conference.]]></description>
            <author>Terence Creamer</author>
            <category>PUBLIC FINANCE</category>
            <pubDate>Tue, 04 Aug 2026 15:10:00 +0200</pubDate>
        <a_id>727136</a_id>
        <updated>1785849897</updated>
        <published>1785849000</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001290075_resized_roadconstruction110220515duane.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>World Bank proposes small, low-cost AI for developing countries</title>
            <link>https://www.engineeringnews.co.za/article/world-bank-proposes-small-low-cost-ai-for-developing-countries-2026-08-04</link>
            <description><![CDATA[By adapting small, low-cost AI tools to local conditions, developing countries can bring better medical care, education, judicial services and agricultural extension within reach of millions of people. International development organisation the World Bank Group's 'World Development Report 2026: The Promise of Artificial Intelligence' states that 16.2% of jobs in developing economies could see productivity meaningfully boosted by AI.]]></description>
            <author>Schalk Burger</author>
            <category>DEVELOPING AI</category>
            <pubDate>Tue, 04 Aug 2026 15:00:00 +0200</pubDate>
        <a_id>727069</a_id>
        <updated>1785835533</updated>
        <published>1785848400</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Is gold still the safe haven it was? Research suggests it has lost its lustre</title>
            <link>https://www.engineeringnews.co.za/article/is-gold-still-the-safe-haven-it-was-research-suggests-it-has-lost-its-lustre-2026-08-04</link>
            <description><![CDATA[Gold is no longer the certain safe haven it once was, researchers at the University of Cape Town’s (UCT’s) Department of Finance and Tax have discovered. The yellow metal lost this status as a result of the Covid-19 pandemic, they found. The research team studied how both “hard” commodities, namely gold, silver and platinum, and “soft” commodities – corn, soybeans, wheat and livestock – moved relative to major US industry sectors, such as energy, healthcare, real estate and tech, when the markets were experiencing turmoil. They gave extra focus to the Covid crisis.]]></description>
            <author>Rebecca Campbell</author>
            <category>GOLD</category>
            <pubDate>Tue, 04 Aug 2026 12:01:00 +0200</pubDate>
        <a_id>727094</a_id>
        <updated>1785838263</updated>
        <published>1785837660</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289964_resized_randrefinerygoldfeb202410222.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Traxtion takes delivery of first locomotives under R1.8bn acquisition programme</title>
            <link>https://www.engineeringnews.co.za/article/traxtion-takes-delivery-of-first-locomotives-under-r18bn-acquisition-programme-2026-08-03</link>
            <description><![CDATA[Private railways company Traxtion reports that the first eight of 46 Wabtec C28 locomotives it is buying from KiwiRail in New Zealand for R1.8-billion arrived at the Port of Durban in early August. The shipment is the first of four planned shipments over the next two years.]]></description>
            <author>Terence Creamer</author>
            <category>RAILWAYS</category>
            <pubDate>Mon, 03 Aug 2026 16:10:00 +0200</pubDate>
        <a_id>727043</a_id>
        <updated>1785766380</updated>
        <published>1785766200</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289717_resized_traxtionwebtec1022.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>SADC’s ninth Industrialisation Week sought to stimulate regional development</title>
            <link>https://www.engineeringnews.co.za/article/sadcs-ninth-industrialisation-week-sought-to-stimulate-regional-development-2026-08-03</link>
            <description><![CDATA[South Africa’s Department of Trade, Industry and Competition (dtic) has described the ninth Southern African Development Community (SADC) Industrialisation Week, held at the Durban International Convention Centre, as demonstrating the “power of regional cooperation”. The event was a precursor to the forty-sixth SADC Summit of Heads of State and Government. The Industrialisation Week also supported the SADC Industrialisation Strategy and Roadmap 2015-2063. This had three elements – industrialisation, regional integration, and competitiveness.]]></description>
            <author>Rebecca Campbell</author>
            <category>INDUSTRIALISATION</category>
            <pubDate>Mon, 03 Aug 2026 15:54:00 +0200</pubDate>
        <a_id>727039</a_id>
        <updated>1785766587</updated>
        <published>1785765240</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Seriti unpacks big renewables ambition for coal heartland as first 155 MW wind project enters ...</title>
            <link>https://www.engineeringnews.co.za/article/seriti-unpacks-big-renewables-ambition-for-coal-heartland-as-first-155-mw-wind-project-enters-into-operation-2026-08-03</link>
            <description><![CDATA[The first 25 turbines at Seriti Green’s Ummbila Emoyeni Wind Farm, which is rising in the coal heartland of Mpumalanga within site of the giant Secunda coal-to-liquids complex and in close proximity to three Eskom power stations, have officially entered commercial operation. The milestone was commemorated at a ceremony presided over by President Cyril Ramaphosa on July 31, and represents the first 155 MW phase of a planned 900 MW renewable energy roll-out by Seriti Green in the province, with construction on the first project having begun in April 2023.]]></description>
            <author>Terence Creamer</author>
            <category>ELECTRICITY</category>
            <pubDate>Mon, 03 Aug 2026 14:00:00 +0200</pubDate>
        <a_id>726995</a_id>
        <updated>1786078964</updated>
        <published>1785758400</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>1</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289638_resized_ummbilaemoyeniwindfarm1022.jpeg</image_url>
        <image_title>Seriti Green’s Ummbila Emoyeni Wind Farm</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        <attachments><attachment><url>https://cisp.cachefly.net/assets/articles/attachments/97084_2026-08-03_ummbila_emoyeni_wind_farm_online.mp4</url><size>206581582</size><title>President Cyril Ramaphosa and Seriti Resources CEO Mike Teke speak on the Just Energy Transition at the start of operations at Seriti Green’s Ummbila Emoyeni Wind Farm</title></attachment></attachments>
        <media:group><media:content url="https://cisp.cachefly.net/assets/articles/attachments/97084_2026-08-03_ummbila_emoyeni_wind_farm_online.mp4" fileSize="206581582" type="video" medium="video" expression="full"><media:description type="plain">President Cyril Ramaphosa and Seriti Resources CEO Mike Teke speak on the Just Energy Transition at the start of operations at Seriti Green’s Ummbila Emoyeni Wind Farm</media:description></media:content></media:group>
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        <item>
            <title>SA’s energy transition must deliver affordable power, community growth – Ramaphosa</title>
            <link>https://www.engineeringnews.co.za/article/sas-energy-transition-must-deliver-affordable-power-community-growth-ramaphosa-2026-08-03</link>
            <description><![CDATA[President Cyril Ramaphosa has emphasised that South Africa’s shift to clean energy must be an inclusive process that strengthens local communities and lowers the cost of electricity for everyday citizens. Writing in his weekly newsletter on Monday, Ramaphosa stated that it is the collective responsibility of government, business, labour, and civil society to ensure the energy transition delivers equitable benefits. “… most importantly, it must deliver affordable electricity for all, now and into the future.” The President’s address follows significant policy developments aimed at restructuring the nation's energy landscape. Last week, Cabinet approved for public comment the Revised Electricity Pricing Policy and the Draft Electricity Sector Market Transformation Position Paper.]]></description>
            <author>Thabi  Shomolekae</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Mon, 03 Aug 2026 11:55:00 +0200</pubDate>
        <a_id>727000</a_id>
        <updated>1785766416</updated>
        <published>1785750900</published>
        <expires>99999999999</expires>
        <editor>Sashnee Moodley</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289603_resized_cyrilramaphosa110222.jpg</image_url>
        <image_title>President Cyril Ramaphosa</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Absa PMI declines in July, but domestic demand and new sales orders improve</title>
            <link>https://www.engineeringnews.co.za/article/absa-pmi-declines-in-july-but-domestic-demand-and-new-sales-orders-improve-2026-08-03</link>
            <description><![CDATA[Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined to 46.8 in July, from 47.3 points in the prior month. While this reading suggests a weak start to the third quarter, the headline decline arguably overstates the weakness in underlying manufacturing conditions, as domestic demand improved and lifted new sales orders, Absa comments.]]></description>
            <author>Schalk Burger</author>
            <category>PURCHASING MANAGERS</category>
            <pubDate>Mon, 03 Aug 2026 11:37:00 +0200</pubDate>
        <a_id>726999</a_id>
        <updated>1785750627</updated>
        <published>1785749820</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289600_resized_durbanportterminalharbouratnight2025061022.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>South African rand firms ahead of factory activity, vehicle sales figures</title>
            <link>https://www.engineeringnews.co.za/article/south-african-rand-firms-ahead-of-factory-activity-vehicle-sales-figures-2026-08-03</link>
            <description><![CDATA[The South African rand strengthened in early trade on Monday ahead of the release of local manufacturing purchasing managers' index (PMI) and vehicle sales data for July. The rand traded at 16.4650 against the dollar, up 0.6% from its previous close, as of 0502 GMT.]]></description>
            <author>  Reuters</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Mon, 03 Aug 2026 10:32:00 +0200</pubDate>
        <a_id>726985</a_id>
        <updated>1785746144</updated>
        <published>1785745920</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289538_resized_randcurrencycoinflagsouthafricaeconomy1022reuters.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Goldman sees more South Africa rating upgrades on strong revenue</title>
            <link>https://www.engineeringnews.co.za/article/goldman-sees-more-south-africa-rating-upgrades-on-strong-revenue-2026-07-31</link>
            <description><![CDATA[South Africa’s revenue outperformance puts the country on course for further credit-ratings upgrades over the next year, Goldman Sachs Group Inc. said. National Treasury data for June shows corporate tax collections grew about 5.5% to R385-billion on a semi-annualised basis, boosted largely by mining-industry export profits. The figure, released this week, was well above the R345-billion achieved in the 2025-26 fiscal year as well as the R364-billion projected in the February budget for 2026-27. “From a sovereign credit rating perspective, the continued strength in these fiscal data reinforce our expectation that both Moody’s and S&P will upgrade their credit ratings over the next year,” Andrew Matheny, an economist at Goldman Sachs, said in a note.]]></description>
            <author>  Bloomberg</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Fri, 31 Jul 2026 12:16:00 +0200</pubDate>
        <a_id>726926</a_id>
        <updated>1785506676</updated>
        <published>1785492960</published>
        <expires>99999999999</expires>
        <editor>  Bloomberg</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289358_resized_randcurrencycoinflagsouthafricaeconomy1022reuters.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Operation Vulindlela reports broader sweep, though progress uneven in Q1 </title>
            <link>https://www.engineeringnews.co.za/article/operation-vulindlela-gains-momentum-despite-uneven-q1-progress-2026-07-31</link>
            <description><![CDATA[National Treasury on Friday highlighted sustained structural reforms aimed at reviving the country’s network industries, fixing local governance, and building a highly competitive investment environment. Briefing the media on the first-quarter progress report for Operation Vulindlela, Treasury said despite navigating a highly volatile global economic environment, the initiative is successfully laying the groundwork for inclusive economic growth, reducing systemic constraints, and scaling up private sector participation. Operation Vulindlela is a joint initiative of the Presidency and National Treasury to accelerate the implementation of structural reforms and support economic recovery.]]></description>
            <author>Thabi  Shomolekae</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Fri, 31 Jul 2026 10:50:00 +0200</pubDate>
        <a_id>726910</a_id>
        <updated>1785506626</updated>
        <published>1785487800</published>
        <expires>99999999999</expires>
        <editor>Sashnee Moodley</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001289288_resized_0001282207resizedpowerlinesbloomberg10231022.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Cabinet approves release of revised electricity pricing policy and market transformation paper ...</title>
            <link>https://www.engineeringnews.co.za/article/cabinet-approves-release-of-revised-electricity-pricing-policy-and-market-transformation-paper-for-comment-2026-07-30</link>
            <description><![CDATA[Cabinet has approved the publication of the much-anticipated Revised Electricity Pricing Policy for public comment, amid growing affordability concerns following years of above-inflation tariff hikes. The statement released after the July 29 Cabinet meeting indicates that the proposed revision moves to update the 2008 Electricity Pricing Policy in a way that reflects developments in the electricity supply industry, including ongoing market reforms arising from the unbundling of Eskom and the implementation of the Electricity Regulation Amendment Act of 2024.]]></description>
            <author>Terence Creamer</author>
            <category>ELECTRICITY</category>
            <pubDate>Thu, 30 Jul 2026 14:15:00 +0200</pubDate>
        <a_id>726822</a_id>
        <updated>1785582191</updated>
        <published>1785413700</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001288985_resized_powerlinescapetownbloomberg03231022.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Seiso Mohai is PIC's new chairperson</title>
            <link>https://www.engineeringnews.co.za/article/seiso-mohai-is-pics-new-chairperson-2026-07-30</link>
            <description><![CDATA[South Africa’s government appointed a new chairperson at the State-owned fund manager that oversees $220-billion, seeking to restore confidence in an institution buffeted by years of governance scandals. Deputy Planning, Monitoring and Evaluation Minister Seiso Mohai will replace David Masondo as chairperson of the Public Investment Corp., Minister in the Presidency Khumbudzo Ntshavheni said at a briefing in Pretoria on Thursday. Masondo, the nation’s deputy finance minister, resigned the post last week. The board appointments cap two weeks of management turbulence at the PIC, after Masondo suspended Chief Executive Officer Patrick Dlamini over governance concerns — an action Dlamini is challenging in court. Masondo, in turn, stepped down under pressure from his boss, Finance Minister Enoch Godongwana, after the two differed over how the issue was handled.]]></description>
            <author>  Bloomberg</author>
            <category>Macro &amp; Micro</category>
            <pubDate>Thu, 30 Jul 2026 14:14:00 +0200</pubDate>
        <a_id>726823</a_id>
        <updated>1785420979</updated>
        <published>1785413640</published>
        <expires>99999999999</expires>
        <editor>  Bloomberg</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title>Deputy Planning, Monitoring and Evaluation Minister Seiso Mohai</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Solar industry welcomes NTCSA’s new approach to paying curtailment claims</title>
            <link>https://www.engineeringnews.co.za/article/solar-industry-welcomes-ntcsas-new-approach-to-paying-curtailment-claims-2026-07-30</link>
            <description><![CDATA[The South African Photovoltaic Industry Association (SAPVIA) has welcomed a new fast-tracked payment mechanism that will see independent power producers (IPPs) paid the full estimated value of their curtailment compensation claims upfront. In a statement, SAPVIA said the new approach would ease a cash-flow squeeze that had been particularly difficult for broad-based black economic empowerment (B-BBEE) equity partners to absorb.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>ELECTRICITY</category>
            <pubDate>Thu, 30 Jul 2026 12:30:00 +0200</pubDate>
        <a_id>726814</a_id>
        <updated>1785408307</updated>
        <published>1785407400</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001288948_resized_piasolarsolarcapitalpvplantdeaar1110221215duane.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>AMSA insists ‘profitability within reach’ after reporting R1.49bn interim loss</title>
            <link>https://www.engineeringnews.co.za/article/amsa-insists-profitability-within-reach-after-reporting-r149bn-interim-loss-2026-07-30</link>
            <description><![CDATA[Steel producer ArcelorMittal South Africa (AMSA) insists that it is fundamentally stronger than was the case 18 months ago and that “profitability is within reach”, after reporting a headline loss of R1.49-billion during the first half of 2026. The JSE-listed company had, over the past 18 months, placed its longs business into care and maintenance, leading to the closure of the Newcastle Works in KwaZulu-Natal, which contributed to some of the nonrecurring costs during the period.]]></description>
            <author>Terence Creamer</author>
            <category>STEEL</category>
            <pubDate>Thu, 30 Jul 2026 11:45:00 +0200</pubDate>
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            <title>Water Research Commission suspends CEO, appoints interim replacement</title>
            <link>https://www.engineeringnews.co.za/article/water-research-commission-suspends-ceo-appoints-interim-ceo-2026-07-30</link>
            <description><![CDATA[The board of the Water Research Commission (WRC) says it has placed CEO Dr Jennifer Molwantwa on precautionary suspension, with effect from June 22, and appointed Professor Stanley Liphadzi acting CEO. It says Molwantwa's suspension follows the conclusion of an independent forensic investigation process. It stresses that the suspension is a governance measure intended to preserve the integrity of ongoing disciplinary processes, protect institutional interests and ensure that any subsequent processes proceed without actual or perceived interference, and that it does not in any way constitute a finding or any conclusion of the matter.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>WATER</category>
            <pubDate>Thu, 30 Jul 2026 08:42:00 +0200</pubDate>
        <a_id>726773</a_id>
        <updated>1785398503</updated>
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        <editor>Chanel de Bruyn</editor>
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            <title>Joint working group calls for greater alignment on energy reform, industrial policy</title>
            <link>https://www.engineeringnews.co.za/article/joint-working-group-calls-for-greater-alignment-on-energy-reform-industrial-policy-2026-07-29</link>
            <description><![CDATA[South Africa should respond to growing geopolitical uncertainty by accelerating electricity reform, strengthening industrial policy and mobilising investment into energy infrastructure, speakers said during a joint webinar hosted by the Presidential Climate Commission (PCC), the National Planning Commission (NPC) and the President's Economic Advisory Council (PEAC) on July 29. The webinar unpacked a draft advisory note prepared jointly by the three Presidential advisory bodies, which collectively argue that energy security, industrial development, economic competitiveness and the just transition should be pursued as complementary rather than competing objectives.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>ECONOMY &amp; INDUSTRIALISATION</category>
            <pubDate>Wed, 29 Jul 2026 17:01:00 +0200</pubDate>
        <a_id>726768</a_id>
        <updated>1785391554</updated>
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