https://www.engineeringnews.co.za
R/€ = 17.29 Change: -0.25
R/$ = 15.74 Change: -0.25
Au 1587.28 $/oz Change: -58.04
Pt 860.52 $/oz Change: -59.84
 
Close

Email me free daily news

Email address

BMW tests electric iNext in Southern Africa ahead of 2021 production start 

By: Irma Venter     Updated 6 hours ago Testing of the battery-electric BMW iNext sports-utility vehicle (SUV) has moved from the polar circle to the heat of Southern Africa. The all-weather tests are being conducted ahead of series production in 2021 at the Dingolfing plant in Germany. 

 BMW tests electric iNext in Southern Africa ahead of 2021 production start

Position paper to chart way forward for electric vehicle market in South Africa 

By: Irma Venter     28th February 2020 South Africa has a tiny electric vehicle (EV) market compared with the rest of the world. Just more than 400 – 407, to be precise – hybrids, plug-in hybrids and battery electric vehicles (BEVs) were sold in the domestic market last year, says Toyota South Africa Motors CEO and president Andrew... 

Position paper to chart way forward for electric vehicle market in South Africa

Bosal launches emission control systems manufacturing plant in Pretoria  

By: Marleny Arnoldi     Updated 7 hours ago Automotive component supplier Bosal Afrika on Thursday officially opened its new emissions control systems (ECS) manufacturing plant, in Pretoria. Bosal invested about R25-million to relocate the ECS plant, which was previously joined with its first facility down the road, which is now a... 

Bosal launches emission control systems manufacturing plant in Pretoria

SAA rescuers get extra month to make plan

By: Bloomberg     Updated 6 hours ago Administrators for South Africa’s loss-making State airline South African Airways (SAA) have been given an extra month to complete a turnaround plan. The so-called business rescue practitioners can now file their report on SAA by the end of March, they said in a statement on Friday. A majority of... 

SAA rescuers get extra month to make plan

Moody's voices warning on Mboweni's budget 

By: African News Agency      Updated 3 hours ago Moody's ratings agency on Friday warned that the economic forecasts contained in finance minister Tito Mboweni's 2020 budget had been rendered uncertain by the liabilities placed on the state by stricken parastatals and the labour movement's reaction to public wage bill reductions. "Uncertainty... 

Moody's voices warning on Mboweni's budget
Finance Minister Tito Mboweni

Not all is lost for the construction industry, says AfriSam 

By: Simone Liedtke     Updated 2 hours 7 minutes ago The 2020 Budget, as outlined by Finance Minister Tito Mboweni earlier this week, “didn’t give much hope to the construction industry”, construction materials company AfriSam sales and marketing executive Richard Tomes told Engineering News on Friday. Growth in this sector was expected to remain... 

AfriSam sales and marketing executive Richard Tomes speaks to Engineering News about the 2020 Budget and how it could influence the future of the country's infrastructure and construction sectors, and the businesses - like AfriSam - that operate within this space. Video: Creamer Media's Kutlwano Matlala. Editing: Creamer Media's Nicholas Boyd.

As virus spreads to three continents, markets brace for recession

By: News24Wire      Updated 3 hours ago Countries on three continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic of the disease and investors dumped equities in expectation of a global recession. Share prices were on track for the worst week since the global financial crisis in 2008 as... 

As virus spreads to three continents, markets brace for recession

Tongaat Hulett to sell starch division to Barloworld for R5.35bn

By: Creamer Media Reporter      Updated 1 hour 14 minutes ago JSE-listed Tongaat Hulett will sell its starch business to Barloworld for an enterprise value of R5.35-billion. Tongaat will use the proceeds to reduce its debt. 

Blue Label's earnings rise in first half

By: Natasha Odendaal     Updated 4 hours ago JSE-listed Blue Label Telecoms on Friday posted a turnaround in earnings during the half-year ended November 30, 2019. The group’s earnings per share (EPS) and headline earnings per share (HEPS) increased to a positive 34.83c and 39.98c apiece respectively from a loss and headline loss per share... 

DMRE plans to resume solar water heater programme

By: Simone Liedtke     Updated 2 hours 22 minutes ago The Department of Mineral Resources and Energy (DMRE) is finalising an internal audit on a bidding process to enable the finalisation of contractual arrangements with appointed service providers for the department’s National Solar Water Heater Programme. Following the conclusion of the audit, the... 

ARM buoyed by soaring platinum earnings, ups dividend 

By: Martin Creamer     28th February 2020 The earnings of black-owned diversified mining company African Rainbow Minerals ARM were buoyed in the six months to December 31 by soaring platinum earnings, which helped to offset lower manganese metals and thermal coal prices. ARM Platinum’s half-year headline earnings rocketed 193% to... 

ARM buoyed by soaring platinum earnings, ups dividend
Photo by Creamer Media
Patrice Motsepe

Accelerator to help start-up drone companies launched in Gauteng

By: Rebecca Campbell     Updated 3 hours ago The first drone (unmanned air vehicle) startup accelerator programme in Africa was launched in Katlehong, south east of Johannesburg, on Friday. The programme is being hosted by the Ekurhuleni Technical and Vocational Education and Training (TVET) College. The initial programme is a pilot of the... 

Hyprop forges ahead with its strategy despite tough trading conditions

By: Tasneem Bulbulia     Updated 4 hours ago JSE-listed real estate investment trust (Reit) Hyprop’s interim results demonstrate progress in implementing its new strategy, with the trading density of its South African portfolio having increased by 0.6% for the six months ended December 31 and by 1.4% over the past 12 months. The trading... 

South Africa could lose out on tariffs under Africa trade deal

By: Bloomberg     28th February 2020 South Africa risks forfeiting tariffs on about R70-billion worth of trade when a continent-wide free-trade agreement kicks in, according to the country’s tax commissioner. The first trade under the African Continental Free Trade Area, which could cover a market of 1.2-billion people with a... 

South Africa could lose out on tariffs under Africa trade deal
Photo by Creamer Media's Donna Slater
Edward Kieswetter

Post-Brexit UK exports could fall drastically, warns Unctad

By: Tasneem Bulbulia     Updated 6 hours ago A new study by intergovernmental body, the United Nations Conference on Trade and Development (Unctad), on the impact of Brexit on UK exports, has found that the UK is at risk of losing up to 14% of its exports to the European Union (EU) in a “no-deal” Brexit. Nontariff measures (NTMs) could... 

Tribunal approves Timrite, Tufbag consent agreement

By: Marleny Arnoldi     Updated 6 hours ago The Competition Tribunal has approved a consent agreement between the Competition Commission and two underground mine support bag suppliers that the commission had said contravened the Competition Act. The commission had said in its referral of the matter to the tribunal that the companies,... 

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      28th February 2020 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

Going green is a good business proposition ­– Schmidt 

By: Martin Creamer     Updated 1 hour 53 minutes ago Going green and ensuring environmental protection is a good business proposition, African Rainbow Minerals (ARM) CEO Mike Schmidt said on Friday. Speaking to Mining Weekly after the company had declared a 25% higher dividend on the back of its division reporting a 193%-better performance in the... 

Going green is a good business proposition ­– Schmidt
Photo by Creamer Media's Donna Slater
Mike Schmidt

South Africans working together will find energy solutions – ARM 

By: Martin Creamer     Updated 2 hours 48 minutes ago South Africans working together with confidence and enthusiasm will improve the country and find energy solutions, African Rainbow  Minerals (ARM) executive chairperson Dr Patrice Motsepe said on Friday. Presenting a 25% higher interim dividend and a 193%-better performance from ARM Platinum in... 

South Africans working together will find energy solutions – ARM
Photo by Creamer Media
Patrice Motsepe

Publication of SAA business rescue plan extended until end March

By: News24Wire      Updated 5 hours ago The business rescue practitioners of South African Airways have been granted a one-month extension to publish their plan to save the embattled flag carrier from liquidation.  The airline was placed under business rescue in December and earlier in the month announced the cancellation of all its... 

 Publication of SAA business rescue plan extended until end March

Fuel prices projected to fall as coronavirus fears impact global oil price – AA

By: News24Wire      28th February 2020 The Automobile Association (AA) has said that motorists can expect "substantial fuel price reductions" next month, in part due to falling world oil prices as coronavirus fears impact global economic activity. "The impact of the novel coronavirus outbreak on global economic activity cannot be... 

 Fuel prices projected to fall as coronavirus fears impact global oil price – AA

No load-shedding expected on Friday, says Eskom

By: Reuters     28th February 2020 Load-shedding was not expected on Friday, Eskom has said. The power utility said it was using emergency reserves to supplement generation capacity during peak demand. "We remind customers that as the generation system remains constrained, vulnerable and unpredictable, load-shedding could be... 

No load-shedding expected on Friday, says Eskom

Dangote Nigeria starts test run $2bn fertiliser plant

By: Bloomberg     28th February 2020 Nigeria’s Dangote Group started a test run of a $2-billion fertiliser plant that will make Africa’s most populous country meet all its domestic demand. This followed the completion of critical sections of the plant, including the central control room, the ammonia and urea bulk storage area and... 

Eskom power cut derails Western Cape train service, Mbalula not impressed

By: African News Agency      27th February 2020 Commuter trains throughout the Western Cape came to a halt on Thursday as Eskom disconnected power to Metrorail due to unpaid bills, causing transport chaos in the province. Limited service was restored by late afternoon after the Passenger Rail Agency of South Africa (PRASA), which owns... 

Implats evaluating 200 MW solar power plant in Zimbabwe  

By: Martin Creamer     27th February 2020 Zimbabwe platinum group metals mining company Zimplats is in the midst of a feasibility study to evaluate the construction of a 200 MW solar power plant, Implats CEO Nico Muller said on Thursday. Speaking to Mining Weekly following the company’s interim dividend reinstatement and generation of... 

Implats CEO Nico Muller talks to Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala.

Mboweni’s Budget speech raises many questions  

By: Tasneem Bulbulia     27th February 2020 There were a number of positives to take away from Finance Minister Tito Mboweni’s 2020 Budget speech, but there were also many questions, a panel of speakers agreed during an analysis session held at the Wits Business School, on Thursday. With the country’s poor debt-to-gross domestic product... 

Edenville progresses Rukwa development

By: Tasneem Bulbulia     27th February 2020 Aim-listed Edenville Energy has recorded progress at the Rukwa coal project in south-west Tanzania, following the receipt of gross proceeds from a £700 000 capital raise announced in January. The company has reinstated an on-site operational adviser with extensive coal experience and historic... 

Hydrogen fuel cell technology moving at very fast pace – Implats  

By: Martin Creamer     27th February 2020 Fuel cell technology is moving at a very fast pace, Implats group executive: refining and marketing Sifiso Sibiya said on Thursday. Hydrogen gas from energy company Sasol is already piped to the Impala Platinum refinery site in Springs, on the East Rand, where Implats has donated 16 ha of land... 

Implats interim results covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala.

Impala Rustenburg’s stunning improvement saves 12 500 jobs  

By: Martin Creamer     27th February 2020 Platinum group metals mining and marketing company Implats has upped its game at Impala Rustenburg to such a stunning extent that the 12 500 jobs that were earmarked for loss through shaft closure have all been preserved. Once doomed shafts are now operating at the same cost at which the... 

Implats interim results covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala

Mboweni: Private pensions should also be used to help cut Eskom's debt 

By: News24Wire      27th February 2020 Finance Minister Tito Mboweni said on Wednesday that a Congress of South African Trade Unions proposal to transfer some of Eskom's debt to State-asset manager the Public Investment Corporation, which manages civil servant pensions, is a "good idea", adding that all pensions - not just public... 

Mboweni: Private pensions should also be used to help cut Eskom's debt
Finance Minister Tito Mboweni

South African budget highlights scale of fiscal deterioration – Fitch 

By: African News Agency      27th February 2020 South Africa's 2020 budget review highlights the severe deterioration underway in public finances and the long-term policy challenge of stabilising government debt, ratings agency Fitch said. Fitch, which like S&P Global has downgraded South Africa's credit standing to sub-investment grade, said... 

South African budget highlights scale of fiscal deterioration – Fitch

Cableway company is taking on a mountain of waste

By: News24Wire      27th February 2020 There is an ongoing battle to keep Cape Town's iconic Table Mountain clear of rubbish. The Table Mountain Aerial Cableway Company (TMACC) is actively engaged in recycling the rubbish that accumulates as a result of human activity on the mountain. 

South Africa a springboard for growth in Africa, says Corteva

By: Tasneem Bulbulia     27th February 2020 Agricultural company Corteva Agriscience considers South Africa as its most important market for growth in Africa, Corteva Agriscience Africa and Middle East president Prabdeep Bajwa said. Corteva was the agricultural unit of DowDuPont prior to being spun off as an independent public company... 

South Africa a springboard for growth in Africa, says Corteva
Photo by Creamer Media's Donna Slater
Pannar site

National budget funds major science, technology and higher education projects

By: Rebecca Campbell     27th February 2020 Higher Education, Science and Technology Minister Dr Blade Nzimande has welcomed the allocations made to his departments (Higher Education and Training, and Science and Innovation) in the 2020 national budget. The budget assigns R396-billion to the two departments. Two major initiatives are being... 

National budget funds major science, technology and higher education projects
Photo by Donna Slater/Creamer Media
Dr Blade Nzimande

Gordhan: SAA business rescue practitioners have final say on airline's restructure

By: News24Wire      27th February 2020 South African Airways business rescue practitioners have the final say on a plan to restructure the embattled airline and government will respect that authority, Public Enterprises Minister Pravin Gordhan has said.  Gordhan was speaking at News24's Frontline post-Budget panel discussion on... 

Gordhan: SAA business rescue practitioners have final say on airline's restructure
Photo by Reuters
Public Enterprises Minister Pravin Gordhan

The night a Van der Merwe and Ledwaba took gold in London 

By: Irma Venter     27th February 2020 After twenty years of first finding ways to kickstart the Gautrain project, then building and running the urban rapid-rail system, Gautrain Management Agency CEO Jack van der Merwe has retired. His skills are not lost to Gauteng, however, as he is set to lead the newly established Transport... 

The night a Van der Merwe and Ledwaba took gold in London
Jack van der Merwe

Insufficient customer commitment stalls liquid bulk terminal project

By: Irma Venter     27th February 2020 The development of the liquid bulk terminal in the Port of Ngqura, in the Eastern Cape, has been halted, says Oiltanking Grindrod Calulo (OTGC). OTGC is a joint venture (JV) between operating partner Oiltanking, a German multinational that is one of the largest independent operators of tank... 

Mondi maintains solid earnings despite lower prices, maintenance shuts

By: Marleny Arnoldi     27th February 2020 Paper and packaging group Mondi’s revenue for the year ended December 31, decreased by 3% year-on-year as a result of lower average selling prices and lower sales volumes; however, operating profit increased by 2% year-on-year to €1.2-billion. The company also undertook longer planned... 

Mondi maintains solid earnings despite lower prices, maintenance shuts

Latest News  by  

more

Company Article

more

Latest Videos and Audio

Not all is lost for the construction industry, says AfriSam

On-The-Air (28/02/2020)

Local steel industry still holds much potential

2020 Budget Speech

Schneider Electric Academy 4IR energy skills

Sasol confirms making 600 MW own-gen proposal in response to DMRE RFI

Sasol pulls back on capex as it seeks to deleverage from ‘peak gearing’

On-The-Air (21/02/2020)

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