eThekwini residents urged to stay indoors

eThekwini Mayor, Mxolisi Kaunda, has urged residents to remain indoors and avoid going to town if there is no emergency, as heavy rain continues to wreak havoc in KwaZulu-Natal.

Briefing the media on the floods caused by heavy rains in the past few days, Kaunda said when the South African Weather Service alerted the municipality of the heavy rains, an alert was issued to members of the public.

The municipality’s disaster management teams were put on standby. Kaunda said immediately after receiving reports of distress from the public, which worsened on Monday night, a decision was taken to open all the community halls in residential areas to accommodate displaced residents.

“Following a number of reports logged in all our call centres, the entire system was overwhelmed and it became very difficult for many of our residents to get through. This state of affairs resulted in us being unable to respond to all queries that the members of the community put before us,” Kaunda said.

The Mayor apologised to residents who were left without assistance, as they were unable to reach the call centres.

With the provision of basic services being impacted, Kaunda said most of the city’s electricity power stations had been flooded and teams were unable to access them on Monday night.

However, he said the teams started working on the facilities in the early hours of Tuesday morning.

Kaunda urged residents to bear with the municipality, while it worked to restore electricity supply to all the residential areas and businesses.

He assured residents that the municipality is attending to all the infrastructural challenges.

“There are certain water treatment plants and water mains that have been damaged, including those that belong to uMgeni Water… Our teams are on the ground to try to return the situation to normalcy.

“Our roads were [also] not spared, as [fallen] trees blocked the pathways in many residential areas of our municipality. We continue to assess the damage and further details will be given as the day progresses,” Kaunda said.

The municipality has deployed multidisciplinary teams across the city in a bid rescue communities and save lives.

Kaunda urged residents residing along river banks or in unstable structures to relocate to safer areas or seek shelter at the community halls.

“It’s better to leave your home than to be washed away with it. Our priority is to save lives,” he said.

He further urged communities to avoid low bridges next to streams.

KwaZulu-Natal Premier Sihle Zihle Zikalala and provincial Department of Cooperative Governance and Traditional Affairs (CoGTA) MEC, Sipho Hlomuka, will visit the city to assess the damage caused.

Municipal staff have also been dispatched to cemeteries where flooding has been reported.

Kaunda expressed his heartfelt condolences to all families who have lost their loved ones during the heavy rains.

“We are going to interact with them to give the necessary support wherever it is required. We urge our people to utilise the City’s Disaster Management call centre by using the number 031 367 0000 or 031 367 0039,” the Mayor said.

Source: South African Government News Agency

Broken down generating units expected back online before weekend

Eskom Chief Executive, Andre de Ruyter, says although power supply will remain constrained throughout the week, several generating units are expected to return to service ahead of the Easter holidays.

“We’ve got a number of units returning before the long weekend… Matla power station [unit] 6, Grootvlei power station [unit] 3, five units at Camden Power Station. Tuthuka power station [unit] 3 should also be returning from a boiler tube leak before the long weekend,” he said on Tuesday.

The electricity supplier was forced to implement load shedding on Monday evening because of breakdowns and losses of generating capacity at several power stations. The utility is also due to implement load shedding again from 5pm this afternoon until 5am on Wednesday.

The chief executive said reserve-generating capacity remains in a healthy state at the country’s two open cycle gas turbines.

He added, however, that the power utility would “want to avoid using that as much as possible”.

“We have about 70% worth of diesel at Ankerlig [power station] which…generates electricity using diesel during peak hours and emergency purposes. This is enough to keep all the units running for 24 hours. This may seem like a lot but it is not because we have to replenish the diesel by road and this creates some logistical challenges for us, so we have to conserve diesel at Ankerlig.

“Gourikwa power station…is sitting at a far healthier 85% because we have access to extensive offsite storage facility connected by pipelines. There we have some 36 hours of operation if all units are utilised simultaneously,” he said.

The total amount of lost generating capacity is currently 13 966MW which will render Eskom unable to keep up with demand on Tuesday evening.

A further 4804MW of generating capacity is also unavailable due to maintenance.

Winter months

De Ruyter said the cautious outlook for the upcoming winter months “is not entirely dire”.

“We are approaching winter where we will throttle back on our planned maintenance…and we have also, historically, seen that the generation fleet performs much better during winter months when the weather is cold and dry, the air is denser and we get better combustion performance out of our coal fired power stations.”

He warned, however, that a firm outlook on when exactly load shedding will occur cannot be made because of the instability in the power grid.

“What we have seen, as with the current bout of load shedding, is that we tend to see these clusters of plants and units tripping simultaneously. We are doing work to get to the bottom of these simultaneous failures across the units. There might be some systemic issues that we need to unpack,” he said.

Additional capacity

De Ruyter said the power utility is eagerly anticipating the addition of more capacity onto the grid as a result of the Department of Mineral and Energy’s Renewable Energy Procurement Programme.

“From round about the middle to the end of next year, we should start seeing additional capacity coming onto the grid as we have advocated for quite some time.

“We look forward to that capacity being added to alleviate the pressure that we’re currently experiencing and obviously that will considerably assist in allowing us the headroom to continue to carry out the much needed maintenance on our coal fired fleet.”

The chief executive added that Eskom itself is embarking on a renewable energy project, which will also bring much needed help.

“We issued an inquiry to the market for proposals to build a renewable energy [power plant] on Eskom land adjacent to our power stations where there is sufficient grid connection capacity.

“Where we have available grid connections capacity, we are now making available land. This is the first of its kind process that we are running [and] we anticipate that we’ll get some 1000MW as a consequence of this process. In about 18 to 24 months, that capacity should be making its presence felt,” he said.

Source: South African Government News Agency

SA places US$3 billion in bonds international capital markets

The South African government has successfully placed US$3 billion in bonds maturing in 2032 and 2052 in the international capital markets on 11 April 2022, the National Treasury has announced.

In a statement, the Treasury said of this, US$1.4 billion and US$1.6 billion would be placed in the 2032 and 2052 tranches respectively.

The 2022 Budget Review made provision for US$3 billion equivalent to be raised in the international capital markets in 2021/22 to fund government’s foreign currency commitments.

“Given the volatility in the market over the period, the decision to raise the foreign currency was delayed in accessing the market in a more constructive issuance window,” it said in a statement on Tuesday.

It said the 10-year bond priced at a coupon and re-offer yield of 5.875 per cent, which represents a spread of 309 basis points above the 10-year US Treasury benchmark bond.

“The 30-year bond priced at a coupon and re-offer yield of 7.300 per cent which represents a spread of 447 basis points above the 30-year US Treasury benchmark bond.

“The final yields reflect a tightening of 37.5bps and 45bps from Initial Price Thoughts on the 10-year and 30-year instruments respectively. The transaction attracted an order book more than US$7.1 billion (2.4 times oversubscribed) with investor demand across the United Kingdom, North America, Europe, Asia, Africa and others. With respect to investor profile, demand came from a combination of Fund Managers, Insurance and Pension Funds, Hedge Funds, Banks and other Financial Institutions.”

Treasury said the South African government viewed the success of the transaction as an expression of continued investor confidence in the country’s sound macro-economic policy framework and prudent fiscal management.

“The National Treasury mandated Absa Bank/HSBC (consortium), Deutsche Bank/Nedbank (consortium) and Rand Merchant Bank as Joint Lead Managers. The empowerment partners for the respective banks were: Tysys Advisory, Nations Capital Advisors; Rho Capital; and THEZA Capital,” reads the statement.

Source: South African Government News Agency

Progress noted in SADC mission in Mozambique

A Southern African Development Community (SADC) Extraordinary Organ Troika Summit says progress has been made in the SADC Mission in Mozambique (SAMIM).

The summit commended SAMIM leadership, including the men and women on the ground, for their sacrifices and commitment to the fight against terrorists acts in some parts of Cabo Delgado province.

The summit, which was officially opened and chaired by President Cyril Ramaphosa in his capacity as President of the Republic of South Africa and Chairperson of the SADC Organ on Politics, Defence and Security Cooperation, was held virtually on Tuesday.

The summit was attended by SADC Heads of State or their representatives from Angola, Botswana, Democratic Republic of Congo, Lesotho, Malawi, South Africa, United Republic of Tanzania and Zambia.

In attendance were members of the Troika of the Ministerial Committee of the Organ (MCO), Ministers from the SAMIM Personnel Contributing Countries, the SADC Executive Secretary and Head of the SADC Mission in Mozambique.

According to a communiqué released by SADC, the summit approved the transition of SAMIM from Scenario 6, (Rapid Deployment Capability) to Scenario 5 (Multidimensional Force), with a robust mandate.

“The summit commended SAMIM Personnel Contributing Countries for their continued support by pledging capabilities and personnel to enhance the effectiveness of SAMIM operations, and urged Member States to continue supporting the mission.

“The summit expressed its appreciation to the African Union (AU) and the International Cooperating Partners (ICPs) for the support towards the stabilisation of the security situation, as well as the socio-economic recovery and development of Cabo Delgado province,” the statement read.

The summit has also expressed solidarity with the Republics of Botswana, South Africa, Kingdom of Lesotho and the United Republic of Tanzania for the demise of soldiers serving the mission, and expressed words of comfort for those wounded in action.

“The summit commended the Republics of Zimbabwe and Malawi for the spirit of solidarity expressed through delivery of the pledged donation of foodstuff in support of humanitarian assistance to the affected population of Cabo Delgado,” SADC said.

The Head of Mission was also directed by the summit to coordinate with the Republic of Mozambique on the implementation of the comprehensive Integrated Reconstruction and Development Plan of Cabo Delgado.

The summit has also acknowledged the expression of gratitude by the President of the Republic of Mozambique, Filipe Jacinto Nyusi, for SADC’s continued support, collaboration and cooperation towards attainment of sustainable peace and security in the Cabo Delgado Province.

President Ramaphosa was also commended for his leadership in steering the work of the Organ in pursuit of lasting peace, security and stability in the SADC region.

Source: South African Government News Agency

Climate change drove extreme rain in southeast Africa storms: Study

PARIS— A string of deadly storms pummelled Madagascar, Malawi and Mozambique with more intense rainfall because of climate change, new research found.

Three tropical cyclones and two tropical storms hit Southeast Africa in just six weeks in the first months of this year, causing widespread flooding.

More than a million people were affected and at least 230 people died.

The analysis was carried out by the World Weather Attribution (WWA) network of scientists, which has pioneered ways to speedily link extreme weather events to climate change.

They said that it was climate change that had made the heavy rains brought by the back-to-back storms both heavier and more likely.

“Again we are seeing how the people with the least responsibility for climate change are bearing the brunt of the impacts,” said WWA co-founder Friederike Otto, of the Grantham Institute at Imperial College London.

After Tropical Storm Ana smashed into the region in January, Tropical Cyclone Batsirai hit Madagascar in early February, followed in quick succession by Tropical Storm Dumako and Tropical Cyclones Emnati and Gombe.

WWA scientists used weather observations and computer simulations to compare rainfall patterns under today’s climate to that of the pre-industrial area, before global warming.

They focused on two of the wettest periods – during storm Ana in Malawi and Mozambique and during cyclone Batsirai in Madagascar.

“In both cases, the results show that rainfall associated with the storms was made more intense by climate change and that episodes of extreme rainfall such as these have become more frequent,” WWA said in a report of their findings.

That tallies with overall climate research showing that global warming can increase the frequency and intensity of rainfall.

But the scientists were not able to determine exactly how much climate change influenced the extreme events because of a shortage of high quality historical rainfall records for the region.

This is a particular concern in poorer nations, which are also especially vulnerable to the impacts of climate change.

“Strengthening scientific resources in Africa and other parts of the global South is key to help us better understand extreme weather events fuelled by climate change, to prepare vulnerable people and infrastructure to better cope with them,” said Izidine Pinto, of the University of Cape Town and the Red Cross Red Crescent Climate Centre.

WWA said that of 23 weather stations in the affected area in Mozambique, only four had relatively complete records going back to 1981.

In Madagascar and Malawi there were no weather stations with suitable data.

Madagascar, one of the poorest countries in the world, has also been ravaged by drought in its southern region, leading to malnutrition and pockets of famine.

In December, the WWA said global warming had played only a minimal role in that crisis, contradicting a UN description of the situation as a “climate change famine”.

Source: NAM NEWS NETWORK

Russia-Ukraine conflict: Oil opens higher as OPEC warns of tight supply and Russian sanctions loom

LONDON— Oil futures rose early on Tuesday, reversing sharp losses from the prior day, as the market weighed the potential for more sanctions on Russia’s energy sector and OPEC warned it would be impossible to increase output enough to offset lost supply.

Brent crude futures were up 85 cents, 0.9per cent, to $99.33 a barrel, and U.S. West Texas Intermediate contracts were up $1.04, or 1.1per cent, to $95.33 a barrel at 0019 GMT.

Both contracts had settled down around 4per cent on Monday amid concerns that coronavirus lockdowns in China would dampen demand for fuel and ahead of a massive oil reserve release by International Energy Agency (IEA) members.

The European Union is drafting proposals for an EU oil embargo on Russia in the wake of its invasion of Ukraine, some foreign ministers said on Monday. However, there is currently no agreement among members on crude from Russia, which calls its actions in Ukraine a “special operation”.

“The oil market is still vulnerable to a major shock if Russian energy is sanctioned, and that risk remains on the table,” wrote Edward Moya, a senior market analyst with OANDA.

“Oil prices will play tug-of-war here as crude inventories remain low, but energy traders will struggle to shake-off these steady announcements of new COVID restrictions in China,” he added.

Tuesday’s rise in oil markets also followed a warning from the Organization of the Petroleum Exporting Countries (OPEC) that some 7 million barrels per day of Russian oil and other liquids exports could be lost due to sanctions or voluntary actions, and that it would be impossible to replace those volumes.

IEA member nations are planning to release some 240 million barrels over the next six months in a bid to calm volatile oil markets, of which 180 million will be released from U.S. stockpiles at a rate of 1 million bpd starting in May.

Source: NAM NEWS NETWORK

Russia-Ukraine conflict: Russia ‘provoking hunger in the world’ with Ukraine war – EU

BRUSSELS— Russia’s war in Ukraine, and not the sanctions imposed on Moscow, is what is causing an escalating global food crisis, the EU’s top diplomat said.

“They are causing scarcity. They are bombing Ukrainian cities and provoking hunger in the world,” Josep Borrell told a media conference after chairing a Monday meeting of EU foreign ministers.

He said the Russian military was “sowing bombs on Ukraine’s fields, and Russian warships have blockaded tens of ships full of wheat”.

“They are bombing and destroying the stocks of wheat and preventing this wheat to be exported,” he said.

Borrell warned that in addition to the violent battles raging on the ground in Ukraine, “there is another battle: a battle of narrative”.

While Moscow, he said, was attempting to portray Western sanctions as “responsible for the food scarcity and rising prices,” it was Russia that was “provoking hunger in the world by blocking the ports, the wheat, and by destroying the stores of wheat in Ukraine”.

“Stop blaming the sanctions,” he said. “It is the Russian military that is causing food scarcity.”

His comments came after the United Nations warned last week that global food prices hit an all-time high in March following Russia’s invasion of agricultural powerhouse Ukraine.

The UN’s Food and Agriculture Organization said the disruption to exports resulting from the February 24 invasion, coupled with the international sanctions on Russia, had spurred fears of a global hunger crisis.

Concerns were especially acute in the Middle East and Africa, where knock-on effects were already playing out.

Russia and Ukraine possess vast grain-growing regions that are among the world’s main breadbaskets. Their harvests represent big shares of the globe’s exports in several major commodities, including wheat, vegetable oil and corn.

Russia and Ukraine together accounted for around 30 percent and 20 percent of global wheat and maize exports, respectively, over the past three years, the FAO said.

The FAO estimates famine in West Africa and the Sahel regions — both highly dependent on Russian and Ukrainian grains — could worsen and affect over 38 million people by June if no measures are taken.

Source: NAM NEWS NETWORK