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

By: Irma Venter     Updated 57 minutes ago 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

Competition Commission raids fresh produce market agents

By: Megan van Wyngaardt     Updated 3 hours ago The Competition Commission on Thursday morning conducted a search and seizure operation at the premises of nine fresh produce market agents suspected of involvement in alleged cartel and price-fixing conduct in contravention of the Competition Act. The operation formed part of an investigation... 

Competition Commission raids fresh produce market agents

Eskom, NamPower sign five-year supply deal

By: Megan van Wyngaardt     Updated 1 hour 7 minutes ago 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... 

Coal transporters take Eskom, government to court

By: African News Agency      Updated 3 hours ago The Coal Transporters Forum (CTF) has approached the high court, seeking an interdict to bar Eskom from entering into contracts with renewable energy independent power producers (IPPs) as envisaged by government. At a press briefing in Pretoria on Thursday, CTF spokesperson Mary Phadi however... 

OPINION: Enabling renewable energy with flexibility

     Updated 1 hour 5 minutes ago 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

Cesa focused on transformation

By: Anine Kilian     Updated 1 hour 5 minutes ago 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... 

Building Confidence Index improves for the third consecutive quarter

By: Anine Kilian     Updated 59 minutes ago 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... 

Agriculture department prefers 'measured approach' to poultry industry crisis

By: African News Agency      Updated 7 hours ago The department of agriculture preferred a more measured approach to dealing with the crisis in the South African poultry industry as opposed to the “trade war” with the European Union proposed by the Food and Allied Workers Union (Fawu), MPs were told on Wednesday. “As a department our view that... 

Sea Harvest lists on the JSE

By: Anine Kilian     Updated 2 hours 37 minutes ago 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.... 

EnviroServ CEO cited in 'toxic landfill' charges

By: African News Agency      Updated 7 hours ago Dean Thompson, the CE of waste management giant EnviroServ, will be criminally charged alongside the company on several allegations of contravening environmental legislation at EnviroServ’s Shongweni landfill site. The company has come under severe criticism over its management of the landfill by... 

Higher Education Minister extends skills strategy to reach goals

By: Megan van Wyngaardt     Updated 1 hour 22 minutes ago 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

Exosun, Lesedi partner to offer localised solar tracking solutions in South Africa

By: Mia Breytenbach     Updated 5 hours ago Global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants Exosun and South Africa-based engineering, procurement and construction company Lesedi Nuclear Services have entered into a partnership to provide localised solar tracking systems in South Africa. “Lesedi will... 

Liberty Two Degrees appoints new FD

By: Anine Kilian     Updated 1 hour 47 minutes ago 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. 

Global crude steel output rose 4.1% y/y in February

By: Natasha Odendaal     Updated 7 hours ago Global crude steel production by the 67 countries reporting to industry body World Steel Association (worldsteel) increased 4.1% year-on-year to 126.6-million tonnes in February. China produced 4.6% more crude steel year-on-year, at 61.2-million tonnes, while Japan produced 8.3-million tonnes, a... 

Kibo Mining positions for power purchase agreement with the Tanzanian government

By: African News Agency      Updated 2 hours 54 minutes ago 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      Updated 3 hours ago 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... 

AMSA officially launches Gauteng steel rail hub 

     Updated 3 hours ago ArcelorMittal South Africa in February officially launched its Isando Distribution Centre, in Germiston, in a long-term initiative to migrate the bulk of domestic final product steel distribution from road to rail.  

AMSA officially launches Gauteng steel rail hub

Uncertainty over regulatory clearing account having an impact on Eskom 

     Updated 6 hours ago Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the implications for Eskom of the uncertainties surrounding the Regulatory Clearing Account. 

Uncertainties emerge over Eskom’s ability to claw-back expenses under the RCA.

We need to change how we use water – World Bank

By: News24Wire      Updated 7 hours ago The world needs to transform the way it manages its water, Professor Patrick Verkooijen of the World Bank said on Wednesday. To accelerate the transformation, World Bank President Jim Kim and UN secretary general Antonio Guterres are convening a high-level panel on water with 11 heads of state,... 

Zuma unveils UN's global water and sanitation plan

By: News24Wire      Updated 7 hours ago President Jacob Zuma unveiled the UN's broad-based plan to provide water and sanitation for ten-billion people by 2030 on Wednesday. Zuma was part of the UN's high level panel on water and sanitation. 

Eskom announces executive committee changes

By: Megan van Wyngaardt     22nd March 2017 Power provider Eskom has seconded group capital executive Abram Masango to the office of the group CE, to further strengthen the implementation of Eskom’s corporate plan. Eskom interim CEO Matshela Koko said the move was part of the company’s design-to-cost five-year strategic corporate plan,... 

Wärtsilä supplies 15 MW solar plant in Burkina Faso

By: Megan van Wyngaardt     22nd March 2017 Technology group Wärtsilä has entered into an agreement with independent power producer Eren Renewable Energy’s 90%-owned Essakane Solar, in Burkina Faso, to supply it with a 15 MW solar photovoltaic (PV) power plant. The remaining 10% is owned by Eren’s development partner African Energy... 

Attacq welcomes BMW’s R400m investment in Waterfall distribution facility

By: Anine Kilian     22nd March 2017 JSE-listed Attacq has welcomed BMW Group South Africa’s (BMW SA's) decision to invest in the construction of a 32 000 m2 regional distribution facility at the Waterfall Distribution Campus, in Midrand, Gauteng. The value of this investment and the revamp of its headquarters, also in Midrand,... 

Seifsa welcomes easing inflation

By: Megan van Wyngaardt     22nd March 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Wednesday welcomed the easing in consumer price inflation to 6.3% in February, down from 6.6% in January. Contributors to easing inflation included food and nonalcoholic beverages, as well as household contents and... 

Outa threatens DWS with court over water issues 

By: Megan van Wyngaardt     22nd March 2017 Seventy-one per cent of wastewater treatment facilities in South Africa are noncompliant and discharge more than four-billion litres of toxic wastewater into South Africa’s water resources every day, an investigation by the Organisation Undoing Tax Abuse (Outa) has revealed. The organisation on... 

EIUG supports Eskom plan for new pricing deals with power-intensive firms 

By: Terence Creamer     22nd March 2017 The Energy Intensive User Group of Southern Africa (EIUG) believes there is policy, legislative and regulatory space to introduce new electricity pricing arrangements to help restart of idle mining and process-industry activities, as well as encourage new investments to absorb Eskom’s surplus,... 

EIUG supports Eskom plan for new pricing deals with power-intensive firms

BMW SA invests in new warehouse, X3 production to start in 2018

By: Irma Venter     22nd March 2017 BMW Group South Africa (BMW SA) will, over the next two years, invest R400-million in a new regional distribution centre (RDC) and the expansion of its Midrand headquarters. The R400-million investment is in addition to the R6-billion injection, announced in November 2015, to prepare the... 

BMW SA invests in new warehouse, X3 production to start in 2018
Photo by Boogertman + Partners
Design impressions of the future BMW Group SA Midrand campus

City of Cape Town to try flexi-time, work from home, to reduce gridlock

By: News24Wire      22nd March 2017 The City of Cape Town will introduce flexi-hours and an option for working from home for some employees to help reduce the city's infamous rush-hour gridlock. The city also wants bosses in private companies to consider doing the same. Something had to give, said Brett Herron, the city's mayoral... 

China's Sinopec buys first major refinery in Africa from Chevron

By: Reuters     22nd March 2017 China's Sinopec will pay almost $1-billion for a 75% stake in Chevron Corp's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced on Wednesday. China Petroleum and Chemical Corp, or Sinopec, Asia's largest oil refiner, said the... 

Water availability in rural regions still lags

By: Natasha Odendaal     22nd March 2017 Around 3.5-million rural people in South Africa are still living without access to clean water, WaterAid Southern Africa regional director Robert Kampala said this week following the release of WaterAid’s yearly analysis of global water access. The report, titled ‘Wild Water: The State of the... 

Water availability in rural regions still lags

Business school association appoints new president

By: Anine Kilian     22nd March 2017 The South African Business School Association (Sabsa) has appointed Gordon Institute of Business Science (GIBS) Dean Professor Nicola Kleyn as its new president. Kleyn who was appointed dean at GIBS in April 2015, is widely published on the topics of business ethics, branding and reputation... 

The African way of Western leadership practices can lead to business success, study finds

By: Natasha Odendaal     22nd March 2017 A hybrid approach to leadership, merging Western and African styles, may be key to business success in African markets, a new Nelson Mandela Metropolitan University (NMMU) Business School study has found. Despite the significant differences, a combination of Western pragmatism and African... 

New British factory turns London's black cabs green

By: Reuters     22nd March 2017 The Chinese-owned maker of London's black cabs opened a new factory in central England on Wednesday to produce electric taxis which it also hopes to sell overseas for the first time to cities keen on the famous brand and concerned about pollution. The London Taxi Company plant near the city of... 

Soweto hearings on prepaid electricity begin

By: African News Agency      22nd March 2017 Petition hearings on Soweto prepaid electricity metering concerns get underway Wednesday morning at the St John’s Church, Jazzyville in Diepkloof extension 1, Parliament has announced. “The hearings will be held under the auspices of Parliament’s Committees on Public Enterprises and Cooperative... 

DTI urges captains of industry to take the lead in African trade

By: African News Agency      22nd March 2017 The South African Department of Trade and Industry (DTI) on Wednesday called on business leaders to take the lead in fighting poverty, unemployment and inequality on the continent through the promotion of regional trade. The department said in a statement that Seema Sardha, director of export... 

Argosy truck out, electric vehicles in, says Merc SA

By: Irma Venter     22nd March 2017 Daimler Trucks and Buses Southern Africa (DTBSA) saw a 12.6% drop in sales in 2016 compared with 2015. The company sold 4 631 new trucks and buses in South Africa in 2016, down from the 5 300 units and 5 897 units recorded in 2015 and 2014, respectively. 

Argosy truck out, electric vehicles in, says Merc SA

US firm seeks $561m from Tanzania in power supply dispute

By: Reuters     22nd March 2017 Symbion Power is seeking $561-million from Tanzania's state power supplier Tanesco via international mediation, accusing it of breach of contract, the US firm said on Tuesday. Symbion owns a 120 MW thermal power plant in Tanzania's commercial capital Dar es Salaam and is one the handful of... 

Current account deficit narrows to near 6-year low; inflation slows

By: Reuters     22nd March 2017 South Africa's current account deficit narrowed more than expected in the fourth quarter of last year to its lowest in nearly six years, helped by a surge in mining exports after a rise in global commodity prices, the central bank said on Wednesday. The rand extended gains against the dollar in... 

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