gps roundup
South Africa Approves First Renewable Energy Masterplan
The South African Cabinet has adopted its first Renewable Energy Masterplan - a pivotal policy framework aimed at transitioning the economy away from coal, which currently accounts for 85% of electricity generation. The plan outlines strategies to build domestic industries around solar, wind and battery technologies, while also emphasising job creation and local economic benefits. This shift opens new avenues for stainless steel in renewable energy applications, from structural components to corrosion- resistant systems.…. Read more
New Steel Mills Could Reboot Industry, Save Jobs Simon Norton of the International Zinc Association is calling for partial subsidies to build new steel mills in South Africa - arguing this could revitalise the domestic steel and stainless steel sectors, protect jobs, and support local production. With several older plants under threat and rising import pressure, new mills would strengthen supply chains and help meet growing demand across construction, energy and transport.… Read more
Creecy Unveils Private Sector Role in Revitalising Rail and Port Infrastructure Transport Minister Barbara Creecy has launched a Request for Information to draw private-sector participation into South Africa’s rail and port revival. Years of neglect have crippled logistics efficiency, affecting everything from mining exports to industrial deliveries. The proposal aims to attract investment into high-impact upgrades, which could unlock export competitiveness and stabilise supply chains across steel and stainless steel markets.... Read more World Bank and South Africa Unveil R55bn Plan to Revitalise Cities South Africa has secured a substantial R55-billion funding agreement with the World Bank to address urban infrastructure decay across eight major cities, including Johannesburg, Cape Town and Durban. The initiative will finance upgrades to critical services - water, electricity, sanitation and waste management - while introducing performance-based incentives to improve municipal accountability. For industry players, especially in construction and materials, this initiative signals a substantial increase in infrastructure demand and spending.. .. Read more
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Issue 2 – 2025
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