http://www.engineeringnews.co.za
R/€ = 16.79 Change: -0.03
R/$ = 14.69 Change: 0.04
Au 1178.80 $/oz Change: 1.88
Pt 784.50 $/oz Change: 8.80
 
Close

Email me free daily news

Email address

Toyota aims to increase exports into Africa as market recovers

By: Irma Venter     17th August 2018 Toyota South Africa Motors (TSAM) aims to export 100 000 vehicles a year from its Durban plant, says president and CEO Andrew Kirby. Total plant capacity is 242 000 units a year, which includes a 234 000-unit capacity for the Hilux, Fortuner and Corolla, 13 500 for the Ses’fikile minibus and 5... 

Toyota aims to increase exports into Africa as market recovers
Andrew Kirby

Fuel levy’s revenue-generating prowess to come under intense pressure

By: Irma Venter     17th August 2018 The fuel levy as income source for government is rapidly losing productivity to generate income, says Professor Stephan Krygsman of the University of Stellenbosch’s Department of Logistics (Transport Economics). Taking the year 2000 as starting point, with the fuel levy at 100% productivity,... 

Fuel levy’s revenue-generating prowess to come under intense pressure

Get your house in order, MPs tell Transnet

By: Reuters     Updated 4 hours ago Parliament's watchdog on public account on Friday said it had instructed the Transnet board and management to curb graft at the State-owned company. "The Standing Committee on Public Accounts (Scopa) has told the Transnet Board and management to stop the looting because the business is able to... 

Leftists rattle rand with plan to nationalise South Africa's SARB

By: Reuters     17th August 2018 Opposition firebrand Julius Malema introduced a bill to nationalise South Africa's central bank, raising pressure on the ruling ANC to go through with a plan it shelved this year and rattling markets wary of threats to the institution's independence. The rand fell more than 1 percent overnight... 

Women in construction sector need more support – Nxesi

By: Anine Kilian     Updated 4 hours ago Public Works Minister Thulas Nxesi on Friday implored big contractors to support women in the construction industry through subcontracting work. Addressing women in the construction industry at a Construction Industry Development Board (CIBD) sponsored event, in Pretoria, he said it remained a... 

Multimillion-rand South African telescope to investigate mysterious dark energy

By: News24Wire      17th August 2018 A new multimillion radio telescope will be launched on Friday to probe the deep mysteries of radio bursts and dark energy. The instrument, dubbed HIRAX for the Hydrogen Intensity and Real Time Analysis eXperiment, will have its nucleus of 1 024 6 m dishes in Carnarvon in the Northern Cape... 

Key South African contribution in achieving milestone in development of SKA telescope

By: Rebecca Campbell     Updated 5 hours ago The South African Radio Astronomy Observatory (SARAO) announced on Friday that the Square Kilometre Array (SKA) Telescope Manager (TM) Critical Design Review (CDR) had been completed. (The TM is a system, not a person.) The SKA is an international project to build the world’s biggest radio... 

Key South African contribution in achieving milestone in development of SKA telescope
Photo by South African Radio Astronomy Observatory
Precursor to the SKA: a recent photo of part of South Africa’s 64-dish MeerKAT radio telescope array, which falls under SARAO

Basil Read, Esor ask for JSE share trading suspension

By: Creamer Media Reporter      Updated 6 hours ago Construction firms Basil Read and Esor, which have both entered into business rescue, on Friday asked the JSE to suspend trading in their shares. Basil Read requested the suspension until the effect of the business rescue on the listed business can be quantified, which it said is only likely once... 

Icasa publishes findings on priority markets inquiry

By: Natasha Odendaal     Updated 5 hours ago Plans to undertake a market inquiry of the identified priority markets that may require regulation intervention in terms of the Electronic Communications Act will be announced in due course, the Independent Communications Authority of South Africa (Icasa) said on Friday. Mobile services, upstream... 

BBBEE Commission to host first Women Empowerment Conference

By: Simone Liedtke     Updated 6 hours ago The Broad-Based Black Economic Empowerment (BBBEE) Commission will host its first Women Empowerment Conference, in Pretoria, on August 24. The conference, held under the theme ‘Advancing Women Economic Empowerment through the BBBEE Act’, will be addressed by Trade and Industry Minister Dr Rob... 

New Asia market manager appointed for South African wines body

By: Schalk Burger     Updated 6 hours ago Winemaker industry body Wines of South Africa (WoSA) has appointed Marcus Ford as its new Asia market manager, effective August 20. He will be based in Shanghai, China, and responsible for running all marketing activities throughout mainland China, Hong Kong and Japan, the organisation said on... 

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      17th August 2018 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

PwC puts focus on gender pay gap

By: Anine Kilian     16th August 2018 Although South African companies are not required by law to report on the gender pay gap, many organisations have started taking steps to identify pay disparities at all levels, says PwC. “Many companies have also adopted a long-term view to ensure that diversity and, in particular, gender pay... 

Ramaphosa launches commission of inquiry into PIC

By: African News Agency      16th August 2018 President Cyril Ramaphosa will appoint a commission of inquiry to investigate the scandal-plagued Public Investment Corporation (PIC), it was announced on Thursday afternoon. The PIC invests government pensions and handles assets worth about R1.928-trillion. It is one of the biggest known funds... 

CESA Aon Awards adds Lifetime Industry Achievement category

By: Anine Kilian     16th August 2018 Ivor Evans was, on Wednesday, awarded the first ever Consulting Engineers South Africa (CESA) Lifetime Industry Achievement Award posthumously at the 2018 CESA Aon Engineering Excellence awards on Wednesday. This year close to 50 submissions were received and in celebration of Nelson Mandela’s... 

Kenya's ARM Cement CEO says to leave post, to stay as board member

By: Reuters     16th August 2018 The chief executive officer of Arm Cement said on Thursday he planned to leave his post as part of a management shake-up, but would stay on as a board member. "As founder shareholder and entrepreneur, I will be an active Board member and support the incoming CEO and the management team in... 

NUM says ready to sign Eskom's wage offer

By: Reuters     16th August 2018 The National Union of Mineworkers (NUM) said on Thursday it was ready to sign a three-year wage offer from state power firm Eskom provided the utility agrees not to discipline staff who went on strike illegally. Investors want to see a resolution to the standoff between workers and Eskom as any... 

Angola aims to boost oil output with new block sale agency

By: Reuters     16th August 2018 Angola will launch next year a new agency to handle oil concessions, the government said on Thursday, as President João Lourenço pushes ahead with reforms aimed at boosting production in Africa's second biggest oil industry. The creation of a National Agency of Petroleum and Gas to manage and... 

SA Express airline cleared to fly again

By: Rebecca Campbell     16th August 2018 Small, State-owned South African airline SA Express confirmed on Thursday that it would restart its operations on August 23. This announcement followed a statement by Public Enterprises Minister Pravin Gordhan to Parliament’s Portfolio Committee on Public Enterprises on Wednesday that the carrier... 

SA Express airline cleared to fly again
Photo by SA Express
A Bombardier CRJ700 of SA Express

Tiger Brands’ shares fall on lower FY18 earnings expectations

By: Simone Liedtke     16th August 2018 JSE-listed Tiger Brands’ share price fell by nearly 9.8% on Thursday morning after it announced that its earnings per share (EPS) and headline earnings per share (HEPS) for the financial year to end September 30 are likely to decrease by 22% to 37% year-on-year. It reported EPS of R19.15 and HEPS... 

Kibo receives water permit approval for MCPP

By: Simone Liedtke     16th August 2018 Aim-listed Kibo Energy has received provisional approval from the Lake Rukwa Water Basin Board for water permits for the Mbeya coal-to-power project (MCPP), in Tanzania. An application was made to permit the operation of numerous water boreholes, which the Africa-focussed energy company said are... 

ARB headline earnings up nearly 16% in 2018

By: Natasha Odendaal     16th August 2018 JSE-listed ARB Holdings on Thursday reported double-digit growth in earnings for the financial year ended June 30. The investment and property holding company posted headline earnings a share and earnings a share of 71.7c, a 15.9% and 14.9% increase respectively on the prior year, with the... 

Metair to deliver its first lithium-ion batteries before the end of the year

By: Irma Venter     16th August 2018 JSE-listed Metair will deliver its first production lithium-ion batteries to a customer before the end of the year. Metair is a distributor and retailer of energy storage solutions and automotive components. 

 Metair to deliver its first lithium-ion batteries before the end of the year
Theo Loock

Rothdene pumpstation upgrade allows municipality to accommodate growth in area 

16th August 2018 Following the completion of the Rothdene Pump Station at the end of June, the project aims to provide the Midvaal Municipality with an opportunity to start several housing and social developments in the area. Simone Liedtke tells us more. 

Rothdene pumpstation upgrade allows municipality to accommodate growth in area

KML bearings from BI a perfect fit for food-and-beverage applications

16th August 2018 The KML range of corrosion-resistant, food-grade ball bearings, distributed exclusively in Southern Africa by leading supplier BI, continue to set the quality and hygiene benchmark in the food-and-beverage industry. With over 35 years’ experience in power transmission, KML Bearings has developed... 

KML bearings from BI a perfect fit for food-and-beverage applications

Hawks investigate cases related to Gupta-loot worth more than R40bn

By: News24Wire      16th August 2018 The Hawks are investigating cases related to the Guptas' state capture project that involves more than R40 billion which has been plundered from state coffers. Lieutenant General Godfrey Lebeya presented the Hawks' progress in several cases of state capture to the Portfolio Committee on Police on... 

Uganda wants unit of MTN Group to list locally before licence extension

By: Reuters     16th August 2018 Uganda has asked the local unit of South African telecoms giant MTN Group to list some of its shares on the local stock exchange as a condition for renewing its operating licence, a top official told Reuters on Wednesday. Godfrey Mutabazi, head of telecoms sector regulator Uganda Communications... 

Iceberg water could be cheaper than desalination

By: News24Wire      16th August 2018 Icebergs can supply Cape Town with extra water in drought years at a far cheaper rate than a big desalination plant. It will cost R3.8-billion to use Antarctic iceberg water to bolster Cape Town's water supply for any three dry years that are likely to occur over the next 20 years – compared to... 

Parliament considers tougher anti-smoking Bill

By: Reuters     16th August 2018 A Bill that would toughen anti-smoking legislation in South Africa has been submitted to Parliament for review by lawmakers, a health ministry spokesman said on Wednesday, as a campaign against the proposed changes intensifies. The Control of Tobacco Products and Electronic Delivery Systems Bill... 

Trump says his steel tariffs will save the US industry – WSJ

By: Reuters     16th August 2018 President Donald Trump said on Wednesday his tariffs on foreign steel are saving the US industry and he predicted that in the future American steelmakers will mostly face domestic competition, the Wall Street Journal reported. In a 20-minute interview with the newspaper, Trump said some people... 

Numsa rejects Eskom disciplinary action proposal against striking workers

By: African News Agency      16th August 2018 The National Union of Metalworkers South Africa has rejected Eskom's proposal to institute disciplinary action against workers who participated in industrial action during protracted wage negotiations, on the grounds that the power utility is an essential service.  On Wednesday Eskom declared a... 

Transnet signals intention to suspend CEO Gama

By: African News Agency      16th August 2018 The Transnet board has served notice on CEO Siyabonga Gama and two other top senior officials that it intends to place them on precautionary suspension. Chief procurement officer Thamsanqa Jiyana and supply chain manager Lindiwe Mdletshe also received letters on Wednesday. 

Transnet signals intention to suspend CEO Gama
Photo by Creamer Media
Transnet CEO Siyabonga Gama

Emira delivers positive FY18 performance with 2.53% distribution increase

By: Simone Liedtke     15th August 2018 Real estate investment trust (Reit) Emira Property Fund’s distributions for the financial year ended June 30, increased by 2.53% year-on-year, despite persistently tough trading conditions. This increase, CFO Greg Booyens said on Wednesday, reaffirms the company’s turnaround and return to... 

Orion turbocharges Prieska study

By: Martin Creamer     15th August 2018 The Sydney- and Johannesburg-listed exploration and development company Orion Minerals, which is developing a zinc and copper project at Prieska in the Northern Cape, on Wednesday announced the second tranche of its two-tranche share issuance to raise $7.86-million. The total $11-million capital... 

Orion turbocharges Prieska study
Photo by Creamer Media
Orion Minerals CEO Errol Smart

Rand rout threatens fuel price stability, warns AA

By: News24Wire      15th August 2018 Substantial rand weakness could undo recent fuel price stability, the Automobile Association (AA) warned on Wednesday. It was commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF). "Almost two months of modestly improving rand strength ended in a dramatic... 

Two workers die at Dubai aluminium furnace, EGA says

By: Reuters     15th August 2018 Two workers died at an industrial furnace in Dubai, reportedly by burning to death, the operator of the plant said on Tuesday. Emirates Global Aluminium said the accident took place on Monday as the men "were working at an industrial furnace, which was shut down for routine maintenance and was... 

ANC chairperson wants state to seize land from those with over 12 000 ha

By: Reuters     15th August 2018 National Chairperson of the African National Congress (ANC) Gwede Mantashe gestures at the end of the 54th National Conference of the ruling ANC at the Nasrec Expo Centre in Johannesburg, South Africa, December 21, 2017. REUTERS/Siphiwe Sibeko JOHANNESBURG (Reuters) - The chairman of South... 

Freedom Property subsidiary sells noncore residential units

By: Anine Kilian     15th August 2018 Zambesa Investments, a wholly owned subsidiary of JSE-listed Freedom Property Fund, has agreed to sell eight residential units and 33 service stands, collectively called Tubatse Homes, in Burgersfort. The purchase consideration is R12.6-million and comprises a deposit of R2.52-million, which is... 

Latest News  by  

more

Company Article

more

Latest Videos and Audio

On-The-Air (17/08/2018)

Rothdene pumpstation upgrade allows municipality to accommodate growth in area

City of Joburg’s inner city revitalisation

On-The-Air (10/08/2018)

Local company develops precision bearing packer

Development continues at Waterfall City

Foreign investment in Zimbabwe

Energy access a catalyst for economic growth, says green energy company

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

Material 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
Free daily email newsletter Register Now
Subscribe Now for $119 Close