Новости за 30.06.2021

The importance of the South African Reserve Bank’s (SARB’s) independence was underlined repeatedly during a virtual celebration held on Wednesday to mark the institution’s centenary. In her address, International Monetary Fund MD Kristalina Georgieva described the SARB as a “role-model of independence, professionalism and integrity within South Africa, across the continent and beyond”.

Policy research and development think tank the Centre for Development and Enterprise (CDE) notes in a new report that there is limited empirical information on which to base policies to support the growth of small, medium-sized and microenterprises (SMMEs) and grow the inclusiveness of the economy. The report, titled 'What role can small and micro businesses play in achieving inclusive growth?', states that the informal sector in South Africa is relatively small, employing only one-sixth of South... Читать дальше...

The United National Transport Union (Untu) has accepted Transnet’s revised final wage offer for this year, after an overwhelming response from the majority of the union’s branches to accept the offer. Untu general secretary Steve Harris says that, although everyone would have wanted a better increase, the reality is that Transnet has not yet recovered from State capture and has taken quite the financial hammering owing to Covid-19.

Although JSE-listed Accelerate Property Fund’s performance for the financial year ended March 31, reflected early signs of recovery from the impact of Covid-19, management contextualised the pandemic’s severe impact and the group’s strategy to focus on nodal strength as a beachhead for growth in a post pandemic market.  The diversification of Accelerate’s portfolio during the year under review, resulted in a reasonable performance despite the impact of Covid-19 on trading densities at super-regional malls... Читать дальше...

US aerospace giant Boeing and major US carrier United Airlines jointly announced on Tuesday that the latter had ordered another 200 737 MAX single-aisle airliners from the former. The order includes 150 737-10s, the latest version of the 737 MAX, which only recently made its maiden flight. The remaining 50 aircraft will all be 737-8s. “We are truly humbled by United Airlines’ confidence in the people of Boeing and the airplanes we design and build every day,” said Boeing Commercial Airplanes ...

JSE-listed Mpact says it has not agreed to a joint merger notification with Caxton on the grounds that Caxton has, among other things, not disclosed a proposed offer price or terms. It states that its board is, therefore, unable to determine whether any such offer would be in the best interests of shareholders of the company.

JSE-listed Emira Property Fund has raised R805-million in sustainability-linked debt, with reduced margins for achieving pre-set environmental sustainability targets. In only the third issue of its kind in South Africa, Emira listed a new unsecured three-year R380-million sustainability-linked bond as part of its domestic medium-term note (DMTN) programme.

The now-live Africa Coast to Europe (ACE) submarine cable is interconnecting at three of Teraco’s data centres across South Africa. The 17 000 km cable, the eighth to connect to Teraco, stretches along the West Coast of Africa, landing into 19 countries before being backhauled by landing partner MTN South Africa into Teraco’s data centre facilities.

One of natural gas and helium producer Renergen’s current wells, C3P0, has struck gas, with a helium concentration of 1.7%, slightly above pre-drill expectations for this well. Renergen says the well is currently waterlogged in order to allow for the running of standard electronic wireline logs, but despite this water load, the well began producing over 30 000 standard cubic feet a day with 1.7% helium and 95% methane.

The latest Tetra Pak yearly Index has revealed a shift in consumers’ attitudes and their view of the biggest challenges facing the world brought about by the Covid-19 pandemic. The thirteenth edition of the study also highlights that Covid-19 has dominated the concerns of consumers since its onset in 2020.

The UK government announced on Wednesday that the phasing out of the use of coal to generate electricity in Great Britain will be brought forward by a full year, to October 2024. (The only coal-fired power plant in Northern Ireland was already scheduled to close by 2024.) This is part of the British government’s programme to decarbonise the country’s electricity supply. To this end, it will introduce new legislation in Parliament as soon as practical. London is also urging all other countries to... Читать дальше...

A new learning and innovation hub to develop the skills and knowledge of social-performance practitioners in South Africa’s renewable-energy sector has been officially launched. Known as the Initiative for Social Performance in Renewable Energy, or INSPIRE, the venture aims to improving the effectiveness and sustainability of the enterprise and socioeconomic development initiatives undertaken by independent power producers (IPPs).