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Growing risk of ‘reform by default’ as South Africa battles to adapt to electricity transition 

By: Terence Creamer     19th October 2018 There is a growing risk of “reform by default” in South Africa’s electricity industry, which is already showing symptoms of the “proverbial utility death spiral”, whereby sales volumes fall as tariffs rise, with consumers opting for alternatives. This argument is outlined in a paper titled ‘The... 

Growing risk of ‘reform by default’ as South Africa battles to adapt to electricity transition

South Africa renews bid to accelerate digital migration process 

By: African News Agency      19th October 2018 The South African government on Friday announced steps to join fellow African nations which have migrated to broadcast digital terrestrial television, despite missing the June 2015 target. "The mere fact that 11 years since Cabinet has approved this project, and we are still this far behind... 

South Africa renews bid to accelerate digital migration process
Communications Minister Nomvula Mokonyane

Breytenbach welcomes greater certainty for renewable energy projects 

By: Kim Cloete     19th October 2018 Participants in the renewable energy sector say they are encouraged by the dedicated infrastructure team that will be set up in the Presidency, as it will give investors more certainty and confidence to back projects. “We’ve seen what the last two years of delays in the signing of renewable... 

Breytenbach welcomes greater certainty for renewable energy projects
Photo by Dylan Slater
IPP Office CEO Karen Breytenbach

Saoga upbeat about prospects for the gas industry in South Africa

By: Kim Cloete     19th October 2018 The South African Oil & Gas Alliance (Saoga) believes there are catalytic opportunities for developing the gas industry in South Africa, which have been buoyed by a renewed focus on attracting investment to the country. The two major opportunities will be the massive gas finds in neighbouring... 

Revived SARS illicit economy unit already eyeing 58 cases, says Kingon

By: News24Wire      19th October 2018 The soon-to-be reopened South African Revenue Service (SARS) unit probing the illicit economy has already identified 58 cases for investigation, the tax agency's Acting Commissioner Mark Kingon told the Nugent Commission of Inquiry on Friday.  The unit was one of several shut down under the... 

 Revived SARS illicit economy unit already eyeing 58 cases, says Kingon

Nhlanhla Nene resigns as MP 

By: News24Wire      19th October 2018 After falling on his sword as minister of finance, Nhlanhla Nene has also resigned as an MP, the African National Congress (ANC) confirmed on Friday. ANC chief whip Jackson Mthembu's office received Nene's resignation letter on Friday. This follows Nene's testimony before the commission of... 

Nhlanhla Nene resigns as MP
Former Finance Minister Nhlanhla Nene

Eskom director resigns

By: Marleny Arnoldi     19th October 2018 Eskom nonexecutive director George Sebulela has resigned, effective immediately, chairperson Jabu Mabuza confirmed on Friday. Sebulela resigned after considering legal advice on his continued role as an Eskom director after the board was made aware of certain conflicts of interest.  

Eskom director resigns

Dairy firm Clover says in takeover talks, shares jump

By: Reuters     19th October 2018 Clover Industries said on Friday it has entered into talks with an unnamed party that intends to acquire the entire issued share capital of the dairy company, sending its shares up nearly 12%. Clover, which processes products including yoghurt, beverages, cheese and olive oil, did not provide... 

Companies face prosecution for fixing gas cylinder prices

By: African News Agency      19th October 2018 The Competition Commission on Thursday referred to the Competition Tribunal for prosecution five Liquefied Petroleum Gas (LPG) companies for cartel conduct.  The Commission said that Totalgaz Southern Africa, Oryx Oil South Africa, KayaGas, Easigas and African Oxygen (Afrox), have been charged... 

Sanral, Wirtgen SA sign MoU to collaborate on construction development goals

By: Marleny Arnoldi     19th October 2018 Road construction equipment supplier Wirtgen Group South Africa (Wirtgen SA) and the South African National Roads Agency Limited (Sanral) on Friday signed a memorandum of understanding (MoU), which Wirtgen SA MD Heinrich Schulenburg said would cement the relationship between the entities and give... 

Sanral, Wirtgen SA sign MoU to collaborate on construction development goals

SA-linked startup wins UK competition to build hyperloop-type solution

By: Irma Venter     19th October 2018 UK company Magway has won co-funding support of more than £650 000 from Innovate UK, through its emerging and enabling technologies competition, to build a 150 m hyperloop-type demonstration link for high-speed package delivery, east of London. Innovate UK is the UK government’s Research Agency. 

SA-linked startup wins UK competition to build hyperloop-type solution

Data underpins urban growth in South Africa

By: Simone Liedtke     19th October 2018 The use of census data, and modern cloud-based software, as a tool in urban growth modelling is a sustainable route for long-term urban planning, Council for Scientific and Industrial Research (CSIR) senior researcher Quintin van Heerden said on Friday. In this regard, he told delegates at a CSIR... 

Embattled Rand Water appoints Sipho Mosai as acting CEO

By: African News Agency      19th October 2018 Rand Water on Friday announced that COO Sipho Mosai will assume a new position as acting chief executive of one of the country’s biggest water boards with effect from Monday next week. Mosai, a scientist by training turned strategist in the water sector, boasts over 20 years executive management... 

New Mpumalanga mall set to spur growth in the area

By: Tasneem Bulbulia     19th October 2018 The R240-million Thulamahashe Mall, in Mpumalanga, a new development between partners Nthwese Developments and Twin City, is set to open on October 25, and is expected to create an economic upswing in the rural area, says Nthwese Developments MD Seabelo Theledi. The development has a gross... 

ExecuJet to offer customers new experience with super versatile jet

By: Simone Liedtke     19th October 2018 Luxury aviation company ExecuJet will, on October 25, officially launch and welcome the Pilatus PC-24 to its fleet at the company’s private terminal at Cape Town International Airport. The aircraft, which was developed by Swiss original-equipment manufacturer Pilatus, is the first of its type... 

ExecuJet to offer customers new experience with super versatile jet

Dutch solar road proves successful, moves on to heavy traffic road trial

By: Irma Venter     19th October 2018 A solar bike path trial in the Netherlands has exceeded all expectations, and will now be rolled out to a road with heavier traffic. The SolaRoad pilot cycle path alongside the N203 near Krommenie, in the Netherlands, was opened in October 2014. It is 90 m long and 3.5 m wide. 

 Dutch solar road proves successful, moves on to heavy traffic road trial

Carrots could be key to making greener buildings, say researchers

By: Reuters     19th October 2018 Crunchy and tasty, yes, but could carrots also strengthen cement and cut carbon dioxide emissions for the building industry? A group of researchers at Britain's Lancaster University has been using a household food blender to mix particles from the root vegetable with concrete to see if they can... 

Simple farm implement can increase crop yield, reduce soil erosion

By: Creamer Media Reporter      19th October 2018 Ethiopia-based farm implement manufacturer Aybar Engineering exhibited its Broad Bed Maker (BBM) farm implement at this year’s Maker Faire Rome exhibition, which took place from October 12 to 14 in Rome, Italy. The company was established in 2014 to develop improved agricultural implements for... 

Simple farm implement can increase crop yield, reduce soil erosion
Photo by Aybar Engineering
The Aybar BBM is a land management system that assists farmers to construct broad bed furrows to drain excess water in vertisols

Clash over Trump tariffs heats up with barrage of WTO litigation

By: Reuters     19th October 2018 Disputes over US tariffs and retaliatory moves by other states have sparked 12 requests for adjudication at the World Trade Organization, signalling an escalation in global trade tensions. The agenda for an Oct. 29 meeting of the WTO's dispute settlement body on Friday confirmed the legal moves,... 

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      19th October 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

Flirting with populism? Ask Venezuela how that went – SARB head Kganyago

By: News24Wire      19th October 2018 South African Reserve Bank (SARB) Governor Lesetja Kganyago has warned leaders that a wave of populism sweeping a number of global economies was a sign that leaders should be more responsible and accountable.  Speaking at the Association of Black Securities and Investment Professionals conference... 

 Flirting with populism? Ask Venezuela how that went – SARB head Kganyago
Photo by Reuters
SARB Governor Lesetja Kganyago

Sub-Saharan Africa's big economies yet to recover

By: Reuters     19th October 2018 Sub-Saharan Africa's economic recovery will progress slowly into next year, as the continent's biggest drivers struggle to move into higher gear despite a healthier global economy, a Reuters poll found on Friday. Commodity prices have improved and the global economy is in good shape, but Nigeria... 

Economic growth the missing key to South Africa's investment drive – Jacko Maree

By: African News Agency      19th October 2018 Special envoy on investment Jacko Maree on Thursday said that the missing key to South Africa's investment drive was economic growth and confidence in the socio-political and socioeconomic environment of the country.  In April, President Cyril Ramaphosa appointed Maree and four other special... 

Kibo Energy says submits documents in bid for Tanzania coal to power project

By: African News Agency      19th October 2018 Africa-focused energy company Kibo said on Friday it had submitted its formal tender qualification document to the Tanzania Electricity Supply Company (Tanesco) for the Mbeya coal to power project, in line with the government’s new initiative to develop independent power projects. "Our visionary... 

Norway, EU ask WTO to set up panel on US steel, aluminium tariffs

By: Reuters     19th October 2018 Norway, the European Union and several other countries asked the World Trade Organization (WTO) on Thursday to set up a dispute resolution panel to address US tariffs on steel and aluminium, Oslo's foreign minister said. "We believe that US additional duty on steel and aluminium is contrary to... 

Rwandan President appoints new foreign, defence ministers in reshuffle

By: Reuters     19th October 2018 Rwanda's President Paul Kagame appointed new ministers of defence and foreign affairs in a cabinet reshuffle announced late on Thursday. Albert Murasira, an army general, replaced long-serving James Kabarebe as defence minister, the president’s office said, without giving a reason for the decision. 

Mokonyane to give update on progress of digital migration

By: News24Wire      19th October 2018 Communications Minister Nomvula Mokonyane will brief the media on the progress made by the Broadcasting Digital Migration Advisory Council on the country's digital terrestrial television (DTT) plan on Friday. The council and the project director for the DTT programme management office headed by... 

Mokonyane to give update on progress of digital migration
Communications Minister Nomvula Mokonyane

Rexroth HUBB launches to fully consolidate companies

By: Tasneem Bulbulia     18th October 2018 The Rexroth HUBB, in Kempton Park, was officially inaugurated on Thursday. The 16 000 square metre central hub houses the Bosch Rexroth South Africa group of companies, formerly the Hytec Group. 

South African army chief slams budget cuts as 'dangerous'

By: News24Wire      18th October 2018 Budget cuts at the South African National Defence Force (SANDF) could result in a lack of proper training for those who should be equipped to protect the country, the South African army chief has warned. General Lindile Yam was speaking at a media briefing in Thaba Tshwane on Thursday, where he... 

Transnet starts preparation work on reconstruction of Island View accumulator tanks

By: Creamer Media Reporter      18th October 2018 State-owned Transnet has started preparation work on the reconstruction of the accumulator tanks at the Island View precinct in the Port of Durban, with the project expected to get under way in 2019. The project plan for the reconstruction of the tanks is currently at a feasibility phase, with... 

Altron appoints another acting CFO

By: Creamer Media Reporter      18th October 2018 JSE-listed Allied Electronics (Altron) has appointed Andrew Holden acting CFO, effective October 19. This follows the resignation by acting CFO Tim Jacobs, who will assume a permanent CFO role at a multinational group as from October 19. 

Telecommunications industry loses billions of rands on the back of regulatory uncertainty

By: Natasha Odendaal     18th October 2018 The South African telecommunications industry needs regulatory certainty or it will continue to lose billions of rands in investment, Vodacom Group CEO Shameel Joosub warned on Thursday. Speaking during a question and answer panel at the MyBroadband conference, in Midrand, he explained that the... 

Alibaba’s Jack Ma to speak at Ramaphosa’s Investment Conference dinner 

By: Terence Creamer     18th October 2018 Chinese tech sensation Jack Ma will deliver the keynote speech at a dinner to be hosted by President Cyril Ramaphosa on October 26 as part of the inaugural South Africa Investment Conference. The conference will take place at the Sandton Convention Centre, in Gauteng, from October 25 to 27, in... 

Alibaba’s Jack Ma to speak at Ramaphosa’s Investment Conference dinner
Jack Ma

South Africa elected chair of ACF

18th October 2018 South Africa has been elected chair of the continental competition body, the African Competition Forum (ACF).   The body, which comprises 31 members and five regional competition agencies, voted for three positions that include the chair, vice chair and the steering committee at a biennial... 

South Africa elected chair of ACF

M&A activity slowly increasing in Africa

By: Marleny Arnoldi     18th October 2018 Merger and acquisition (M&A) activity has been slower in South Africa, compared with prior years; however, other African countries have seen an increase in deals closed, said Hogan Lovells partner Sibongile Solombela at the firm’s Africa Forum conference held on Thursday. M&A activity is still... 

South Africa poised to adopt plan to boost local car industry suppliers 

By: Reuters     18th October 2018 South Africa is likely to adopt new plans for the country's car industry in December which aim to increase the local content of assembled cars to 60% by 2035 from around 38% now, a cabinet minister said on Thursday. The new plan, which will come into effect in 2021, seeks to provide stability for... 

Getting Africa fit for the future requires good governance – Africa Forum

By: Marleny Arnoldi     18th October 2018 Law firm Hogan Lovells Africa head and partner Andrew Skipper on Thursday opened the firm’s Africa Forum conference by stating that, in Africa, there is a combination of optimism and scepticism, but stressed that the available opportunities were enormous. “Currency, corruption and certainty need... 

Getting Africa fit for the future requires good governance – Africa Forum
Business Leadership South Africa CEO Bonang Mohale

Govt ready to woo potential investors at SA Investment Conference

By: African News Agency      18th October 2018 Confirmed attendees for next week's South Africa Investment Conference - government's attempt to unlock investment to grow the local economy and create jobs - include JSE listed companies with a market capitalisation of R6.5-trillion and Fortune 500 companies with a market cap of US$4-trillion,... 

Govt ready to woo potential investors at SA Investment Conference
Photo by Dylan Slater
Economic Development Minister Ebrahim Patel

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