http://www.engineeringnews.co.za
R/€ = 13.66 Change: -0.21
R/$ = 12.57 Change: -0.10
Au 1257.33 $/oz Change: 9.06
Pt 977.50 $/oz Change: 13.00
 
Close

Email me free daily news

Email address

Zuma orders Gordhan home from UK talks with investors

By: African News Agency      Updated 6 minutes ago President Jacob Zuma has ordered Finance Minister Pravin Gordhan and Deputy Finance Minister Mcebisi Jonas to cancel their international investment roadshow to Britain and the US and return to South Africa immediately, the presidency confirmed on Monday. “President Jacob Zuma has instructed the... 

Zuma orders Gordhan home from UK talks with investors
Photo by Reuters
Finance Minister Pravin Gordhan and Deputy Mcebisi Jonas

DA to ask public protector to investigate Eskom acting CEO’s R1bn deals to stepdaughter

By: African News Agency      Updated 2 hours 37 minutes ago The Democratic Alliance will ask Public Protector Busisiwe Mkhwebane to launch an investigation into Eskom acting CEO Matshela Koko for allegedly awarding tenders worth R1-billion to Impulse International, a company of which his stepdaughter is a director, the party said on Sunday. “Impulse... 

DA to ask public protector to investigate Eskom acting CEO’s R1bn deals to stepdaughter
Photo by Duane Daws
Eskom acting CEO Matshela Koko

Tribunal finds pipe manufacturers guilty of collusion

By: Megan van Wyngaardt     Updated 4 hours ago The Competition Tribunal has found Dawn Consolidated Holdings (DCH), through its subsidiary DPI Plastics, and Sangio Pipes guilty of colluding to divide markets in South Africa between 2007 and 2012. The Competition Commission referred the collusion case against the two manufacturers of regular... 

New public procurement legislation to take effect this week

By: Natasha Odendaal     Updated 26 minutes ago With the revised legislation governing public procurement processes coming into effect this week, stakeholders are expecting the impact of the radical economic transformation within public procurement processes to become clear in due course. Government repealed and replaced its Preferential... 

AVK grows local manufacturing footprint with Gunric acquisition

By: Creamer Media Reporter      Updated 29 minutes ago Valves and related solutions manufacturer AVK Holding Southern Africa has bolstered its manufacturing footprint and product offering after acquiring a 100% interest in Gunric Valves, including all brand assets and intellectual property (IP) for an undisclosed amount. The deal would provide AVK... 

EIB backs last-mile power connectivity in Kenya

By: Terence Creamer     Updated 1 hour 8 minutes ago The European Investment Bank (EIB) has signed a €60-million loan agreement with Kenya to support an ongoing project designed to connecg 300 000 Kenyan households to the national electricity grid. The loan for Kenya Power’s ‘Last Mile Connectivity’ project forms part of a “blended” €180-million... 

EIB backs last-mile power connectivity in Kenya

Joffe bows out as Bidcorp executive to list new firm

By: Reuters     Updated 1 hour 11 minutes ago South Africa's Brian Joffe will step down as executive chairperson of foodservice group Bidcorp at the end of June to launch his own investment firm, Bidcorp said on Monday. Bidcorp was spun out of Bidvest in a $5-billion listing, South Africa's largest in 2016, on the JSE in May last year. 

Zuma recalls Gordhan from international roadshow, rand falls

By: Reuters     Updated 1 hour 19 minutes ago President Jacob Zuma ordered Finance Minister Pravin Gordhan to return from an investor roadshow to Britain and the US on Monday because he "did not give permission for the trip", a government source said. Appointed in late 2015 after a predecessor's sudden sacking, Gordhan was in London for the... 

Zuma recalls Gordhan from international roadshow, rand falls
Photo by Duane Daws
Finance Minister Pravin Gordhan

Stellenbosch University and CubeSpace to launch nanosatellite

By: News24Wire      Updated 1 hour 46 minutes ago Stellenbosch University and CubeSpace are expected to launch a nanosatellite to the International Space Station (ISS) on Tuesday. The nanosatellite will be launched from the US on Monday, or Tuesday. 

DTI optimistic about R4bn titanium beneficiation project in Richards Bay IDZ

By: African News Agency      Updated 2 hours 32 minutes ago The launch of a new R4-billion titanium beneficiation project for manufacturing titanium pigment at the Richards Bay Industrial Development Zone (IDZ) next month is a significant and commendable milestone in South Africa’s mineral beneficiation and industrialisation paths, Trade and Industry... 

South32 to return additional $500m to shareholders

By: Martin Creamer     Updated 5 hours ago Diversified mining company South32 on Monday announced that it intends to return an additional $500-million to shareholders, equating to 4.5% of the group’s current market capitalisation. The Sydney-, London- and Johannesburg-listed company said in a media release that this dividend-complementing... 

South32 to return additional $500m to shareholders
South32 CEO Graham Kerr

TNPA undertakes R15m maintenance dredging campaign at Cape Town port

By: Creamer Media Reporter      24th March 2017 The dredging services division of Transnet National Ports Authority (TNPA) has implemented a R15-million maintenance dredging campaign at the Port of Cape Town to restore the design depths inside the Duncan dock. The maintenance campaign, which was started two weeks ago and is scheduled for... 

TNPA undertakes R15m maintenance dredging campaign at Cape Town port
Isandlwana

South Africa's maize output seen rising 84% in 2017 

By: Reuters     24th March 2017 South African farmers are expected to harvest 84% more maize this season compared with last season as yields were boosted by increased rains, a Reuters survey of five traders and market analysts showed on Friday. The government's Crop Estimates Committee (CEC), which will provide its second... 

South Africa's maize output seen rising 84% in 2017

Economic transformation imperative for South Africa – Davies

By: Anine Kilian     24th March 2017 Trade and Industry Minister Dr Rob Davies on Friday highlighted what needed to be done to pursue radical economic transformation as an imperative for the advancement of more inclusive economic growth in South Africa. He said fundamental change was necessary in the structure, systems, institutions... 

South Africa has real bio-energy potential

By: Keith Campbell     24th March 2017 "South Africa definitely has exploitable bio-energy potential," stated Council for Scientific and Industrial Research principal engineer Crescent Mushwana at the launch of the South Africa Bio-energy Atlas in Pretoria on Friday. "Bio-energy is feasible from organic waste, residues from forestry... 

BBBEE Commission committed to resolving noncompliance

By: Anine Kilian     24th March 2017 The Broad-Based Black Economic Empowerment (BBBEE) Commission, a member of the Department of Trade and Industry, has spent the past year assessing compliance problems and has resolved to investigate companies that are involved with fronting and noncompliance with the BBBEE legislation. The... 

Transnet offers voluntary severance packages to staff

By: Megan van Wyngaardt     24th March 2017 Transnet on Friday confirmed that it is offering voluntary severance packages (VSPs) to its management and bargaining unit employees to streamline its business and ensure the group’s long-term sustainability. The parastatal cited subdued global economic growth, including a weak economic outlook... 

Transnet offers voluntary severance packages to staff

Competition Commission extends fresh produce market agent raid to Cape Town, Durban 

By: Megan van Wyngaardt     24th March 2017 The Competition Commission on Friday extended its search and seizure operation targeting fresh produce market agents, to premises in Cape Town and Durban. This followed its raid, on Thursday, of the premises of nine fresh produce market agents suspected of involvement in alleged cartel and... 

Cape Town park earmarked for housing, work development 

By: Megan van Wyngaardt     24th March 2017 Plans are under way to develop 120 ha of the 240 ha Two Rivers Urban Park (TRUP), in Cape Town, into a mixed-use development to provide previously disadvantaged and lower-income families access to the central business district. The TRUP, located near the confluence of the city’s Liesbeek and... 

Gordhan on getting South Africa’s growth, transformation dynamic right 

By: Terence Creamer     24th March 2017 Finance Minister Pravin Gordhan has again responded to questions about whether his ‘inclusive growth’ narrative is at odds with the ‘radical economic transformation’ vision being espoused by President Jacob Zuma. Addressing businesspeople at a function hosted by Deloitte in Johannesburg on... 

Gordhan on getting South Africa’s growth, transformation dynamic right
Photo by Duane Daws
Finance Minister Pravin Gordhan

New Bio-energy Atlas will help government implement NDP – Pandor

By: Keith Campbell     24th March 2017 The South Africa Bio-Energy Atlas, launched on Friday, will help the government develop and implement its policies. This was pointed out by Science and Technology Minister Naledi Pandor in her keynote address at the launch ceremony. She highlighted that policies could not be made without data.... 

Atterbury to open new Ghana mall in April

By: Megan van Wyngaardt     24th March 2017 South African property development company Atterbury will open its fourth retail development in Ghana, the $95-million Kumasi City mall on April 20. The 18 500 m2 modern mall, with potential for a future 10 000 m2 expansion, will give the city of Kumasi its first one-stop building with shopping... 

Atterbury to open new Ghana mall in April

Denel heads to court to dispel doubts over legality of Denel Asia JV

By: Natasha Odendaal     24th March 2017 Denel has taken to the High Court of South Africa in Gauteng to clear up doubts over the legal standing of Denel Asia, a joint venture (JV) with VR Laser Asia. The State-owned defence group on Friday applied to the High Court in Pretoria for an order declaring that it obtained approval to form... 

Denel heads to court to dispel doubts over legality of Denel Asia JV
Photo by Duane Daws
Denel acting CEO Zwelakhe Ntshepe

South African Bio-energy Atlas launched to support bio-energy development

By: Keith Campbell     24th March 2017 The South Africa Bio-energy Atlas, launched in Pretoria on Friday, will allow the country to identify opportunities for sustainable bio-energy and be able to achieve much more in terms of developing a 'green' economy. This was affirmed by Science and Technology Minister Naledi Pandor in her... 

South African in the Mars mix as race to the Red Planet heats up

By: Dylan Slater     24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is about 225-million kilometres away. Heading for the... 

South African in the Mars mix as race to the Red Planet heats up

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      24th March 2017 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Engineering News iPhone and Android Apps available for free download

Solar energy may get boost from Africa’s biggest oil exporter

By: Bloomberg     24th March 2017 Nigeria, Africa’s biggest oil exporter, may be about to turn sunward to generate more of its power. Senators in the capital of Abuja are debating an allocation of $30-million to solar projects in this year’s Budget, according to the Renewable Energy Association of Nigeria (REAN). They are... 

Want to sell more wind, solar power? Find corporate buyers

By: Bloomberg     24th March 2017 Contracts to sell electricity directly to corporate users are among the key demand drivers for wind and solar power, while the influence of state mandates wanes, according to a report by Moody’s Investors Service. Multiple factors are spurring corporate power deals, especially from companies that... 

Metair sees 7% drop in profit, signs supply agreement with Daimler

By: Irma Venter     23rd March 2017 Manufacturer, distributor and retailer of energy storage solutions and automotive components, Metair, has secured a multiyear supply agreement, from 2018 onwards, for the supply of enhanced flooded start/stop batteries to German car maker Daimler, in Europe, says MD Theo Loock. Speaking in... 

Metair sees 7% drop in profit, signs supply agreement with Daimler

Building Confidence Index improves for the third consecutive quarter

By: Anine Kilian     23rd March 2017 The First National Bank (FNB)/Bureau for Economic Research (BER) Building Confidence Index improved for the third consecutive quarter, rising by three points to 43 in the first quarter of this year. This marks the highest confidence in more than a year, FNB property economist John Loos said in a... 

Building Confidence Index improves for the third consecutive quarter

Cesa focused on transformation

By: Anine Kilian     23rd March 2017 Consulting Engineers South Africa (Cesa) has committed to transforming its membership and the industry as a whole. The industry body, which has identified transformation as a critical theme, has established a transformation committee that will embark on a process to develop proposed interventions... 

OPINION: Enabling renewable energy with flexibility

     23rd March 2017 In this thought leadership article, Wärtsilä's Wayne Glossop explores the issue of building flexibility into the South African power system as the penetration of renewable energy rises  

OPINION: Enabling renewable energy with flexibility
Photo by Duane Daws
Wayne Glossop

Eskom, NamPower sign five-year supply deal

By: Megan van Wyngaardt     23rd March 2017 Eskom on Thursday signed a five-year firm electricity sales agreement with Namibia’s national electricity utility NamPower, providing energy security to the neighbouring country and facilitating economic development and growth. Eskom interim CEO Matshela Koko noted at the signing, held alongside... 

Higher Education Minister extends skills strategy to reach goals

By: Megan van Wyngaardt     23rd March 2017 Four years after its 2013 conference, the National Skills Authority is still implementing recommendations aimed at improving the mandate it is tasked with, enhancing national skills development, including the systemic study of the implementation of the third National Skills Development Strategy,... 

Higher Education Minister extends skills strategy to reach goals
Photo by Duane Daws
Higher Education Minister Blade Nzimande

Liberty Two Degrees appoints new FD

By: Anine Kilian     23rd March 2017 Real estate investment trust Liberty Two Degrees has appointed José Snyders as the company’s new FD, effective immediately. He succeeds John Sturgeon, who will remain on the board as a nonexecutive director. 

Sea Harvest lists on the JSE

By: Anine Kilian     23rd March 2017 Black-owned fishing company Sea Harvest Group on Thursday listed in the Farming, Fishing and Plantations sector on the JSE’s main board.   The listing will provide investors with more choice and an opportunity to participate in the income streams and future capital growth of Sea Harvest.... 

Kibo Mining positions for power purchase agreement with the Tanzanian government

By: African News Agency      23rd March 2017 Kibo Mining said on Thursday that it was well placed to conclude negotiations on a power purchase agreement (PPA) with the Tanzanian government following the completion of restructuring and policy changes at the State-owned power supplier. This comes after Tanzania president John Magufuli in... 

Rehabilitation school proposed for road traffic offenders

By: News24Wire      23rd March 2017 Those found guilty of breaking road rules by a court of law will have to complete a mandatory rehabilitation programme under the new proposed demerit system, Parliament has heard. The Administrative Adjudication of Road Traffic Offences Amendment Bill will establish rehabilitation centres around... 

Latest News  by  

more

Company Post

more

Latest Videos and Audio

On-The-Air (24/03/2017)

South African in the Mars mix as race to the Red Planet heats up

AMSA officially launches Gauteng steel rail hub

Uncertainty over regulatory clearing account having an impact on Eskom

On-The-Air (17/03/2017)

Industry needs a trade association to stabilise and grow

Weapon system controlled from vehicle

Urban agriculture pilot project hints at potential

more

Manufacturing News

Capital Equipment

Chemicals & Pharmaceuticals

Clothing & Textiles

Food & Beverage

Foundries, Forges & Die-Casting

Furniture & Wood Products

Hydraulics

Industrial Filters & Filtration

Instrumentation & Control

Manufacturing

Metals & Engineering

Paper, Plastics, Packaging, Printing

Pipes & Tubes

Pumps

Rubber

Valves

Welding & Cutting

Services News

Architecture

Business Process Outsourcing

Consulting Engineers

Corrosion Control

Education & Skills Development

Financial

Legal

Maintenance

Materials Handling

Quality Assurance & Standards

Quantity Surveyors

Company Announcements

more

Research Reports

Projects

more

Press Office

more

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close