Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Domestic

SOCs sign nuclear deal cooperation agreement

15 Mar 2017 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Power parastatal, Eskom, and the Coega Development Corporation (CDC) yesterday (Tuesday) signed a memorandum of understanding (MoU) to cooperate in the development of South Africa’s nuclear new build programme (NNBP).

The two state-owned companies (SOCs) will work together to build local capacity through supplier development and localisation around the unfolding infrastructure for the nuclear programme.

Eskom executive for Group Capital, Abram Masango, said: “We want to ensure that South Africans get reliable, decarbonised baseload power that will bring sustainable economic growth. In addition, it is critical to lay the foundation for local people to participate meaningfully during the various stages of the project by skilling them for jobs as well as business opportunities.”

Areas of cooperation covered in the MOU include project management and implementation services for infrastructure development; skills development and localisation (SD&L); and stakeholder engagement and communications.

“An integrated energy plan carries with it the potential to catalyse the re-industrialisation of the East Coast Corridor manufacturing economy, translating into a higher and inclusive growth path and job creation,” commented CDC executive manager of Business Development, Christopher Mashigo.

Following Eskom’s application for environmental authorisation for the first nuclear power reactors, environmental assessment practitioners (EAPs) have recommended the Thyspunt site, which is located in Jeffrey’s Bay in the Eastern Cape, as the preferred site.

There have been concerns expressed around the safety of constructing a nuclear site there because of deep canyons in the bedrock hidden by sand and soft rock.

Maarten de Wit, a professor at the Nelson Mandela Metropolitan University and director of the Africa Earth Observatory Network, released a geological report last year highlighting that canyons in the bedrock would need to be secured.  “If you are going to build anything on that, it's pretty prone to storms, sea level rises and tsunamis,” he said.

However, at the time, Eskom stuck by its guns, noting in a statement:  “That work was incorporated in the Thyspunt seismic hazard calculations and is reflected in the seismic design input that will be used for the design of the power stations.”

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Ciltsa conference spotlights change in logistics

Logistics

The event will focus on measuring and managing the impact of change on transport businesses.

29 Apr 2025
0 Comments

Gauteng MEC launches public transport women’s help desk.

Logistics

The desk will provide a support system for women working in the taxi services, e-hailing and bus operations sectors.

25 Apr 2025
0 Comments

Ramaphosa and Zelenskyy strengthen trade ties

Economy

Ukraine wants to partner with South Africa to boost power generation and the production of fertilisers.

25 Apr 2025
0 Comments

Regional growth on upward trajectory – World Bank

Economy

The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024.

25 Apr 2025
0 Comments

Ports advance green corridor strategy

Logistics

Driving the deployment of sustainable fuels on the Rotterdam-Singapore Green and Digital Shipping Corridor.

25 Apr 2025
0 Comments

Ro-ro behemoth sets sail for Brazil on maiden voyage

Logistics
25 Apr 2025
0 Comments

Nersa backs LNG imports to secure SA gas supply

Logistics

Report supports the development of indigenous gas resources to reduce dependence.

25 Apr 2025
0 Comments

Tit-for-tat trade restrictions sour relations between AfCFTA states

Africa

For several years, South Africa has prohibited the importation of Tanzanian bananas.

25 Apr 2025
0 Comments

Namibia seeks to beneficiate energy discoveries

Africa

The country is focusing on developing downstream infrastructure to develop to full-scale production capacity.

25 Apr 2025
0 Comments

Agile and scalable solutions needed for fast-changing market

Logistics

SA Cargo is enhancing its ro-ro routes and strengthening collaboration with its service providers to overcome the challenge of congestion.

25 Apr 2025
0 Comments

Softening freight rates point to downturn in NVOCC sector

Logistics

“The logistics landscape is constantly evolving – especially when it comes to consolidation,” said Michelle Horner, trade and WWA manager for SACO.

24 Apr 2025
0 Comments

Godongwana’s VAT reversal good news for business

Domestic

But more scrutiny of tax returns can be expected as the fiscus seeks to plug the gap, says a financial expert.

24 Apr 2025
0 Comments
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More

Featured Jobs

New

Seafreight Export Controller

Tiger Recruitment
Cape Town
15 May
New

Import Manager (NVOCC)

Switch Recruit
Eastrand
15 May

Sales Co-Ordinator

Lee Botti & Associates
Cape Town
14 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us