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PPC delivers on strategic priorities, posts higher FY18 headline earnings

By: Simone Liedtke     Updated 2 hours 42 minutes ago Cement producer PPC on Monday posted a 172% year-on-year increase in headline earnings to R231-million for the financial year ended March 31, while gross profit rose 3% on a strong performance by the group’s operations in Zimbabwe and Rwanda. The group’s cement sales volumes increased by 6% to... 

PPC delivers on strategic priorities, posts higher FY18 headline earnings
PPC CEO Johan Claassen

Sanral’s transformation policy ready for submission to Cabinet

By: Creamer Media Reporter      Updated 1 hour 28 minutes ago The final version of the South African National Roads Agency Limited’s (Sanral’s) transformation policy, which is aimed at reshaping the construction and engineering sectors, will now be submitted to Cabinet for approval. The roads agency first unveiled the draft policy in September 2017. 

Eskom says low probability of day-time loadshedding

By: African News Agency      Updated 3 hours ago State electricity company Eskom said on Monday there is a low probability of rotational loadshedding during the day as a result of power station units being returned to the system after last week's wage strike, but the probability was higher for the evening peak period due to increased demand.... 

Eskom says low probability of day-time loadshedding

Eskom says power system will take up to 10 days to recover from strike impact

By: News24Wire      Updated 5 hours ago State electricity company Eskom said late on Sunday its power system remained constrained and would take up to ten days to recover from the effects of last week's wage strike. Eskom warned consumers to work on the assumption that rolling power interruptions, or loadshedding, implemented over the... 

 Eskom says power system will take up to 10 days to recover from strike impact

Swiss place efficiency at heart of post-nuclear energy strategy

By: Terence Creamer     Updated 2 hours 14 minutes ago Residents taking occupation of apartments at a new mixed-use property development on the site of a decommissioned paper mill in southern Zurich, Switzerland, are all encouraged to download a neighbourhood App to their mobile devices. The social media component, which allows Greencity residents... 

Swiss place efficiency at heart of post-nuclear energy strategy
Photo by Empa
Testing new building innovations at the Empa NEST

Over 1 000 international delegates gather in Cape Town to find ways of adapting to global climate change

By: News24Wire      Updated 2 hours 55 minutes ago In the beginning the conversation about global climate change focused on cutting greenhouse gas emissions to keep Earth's temperatures from rising dangerously high. Later, another conversation developed alongside the first, which said even if we stopped all greenhouse gas emissions today, we... 

London, other cities call for new petrol and diesel car ban to start earlier

By: Reuters     Updated 2 hours ago London Mayor Sadiq Khan and other city leaders from across Britain said on Monday a government plan to ban the sale of new diesel and petrol cars should be brought forward by ten years to 2030, in the latest push to improve air quality. Prime Minister Theresa May's Conservative government said... 

Agrément South Africa officially launched as a Public Works entity

By: Marleny Arnoldi     15th June 2018 Public Works Minister Thulas Nxesi on Friday launched technical agency Agrément South Africa as a fully-fledged legal entity of the Department of Public Works (DPW).  

PPC expects up to 65% increase in FY18 net profit, but lower Ebitda

By: Marleny Arnoldi     15th June 2018 Cement producer PPC expects its net profit attributable to shareholders for the financial year ended March 31 to increase by 55% to 65%, compared with the R93-million achieved for the prior comparable period.  

Basil Read enters business rescue

By: Irma Venter     15th June 2018 Basil Read on Friday announced that it has entered voluntary business rescue, as provided for by Section 129 of the Companies Act. Shares in the construction group plummeted 94% in afternoon trade, from a high of 22c to a low of 1c. 

Basil Read enters business rescue

Centrica, Tokyo Gas join Anadarko's Mozambique LNG project as buyers

By: Reuters     15th June 2018 Britain's Centrica and Japan's Tokyo Gas have signed a non-binding agreement to buy liquefied natural gas (LNG) from Anadarko Petroleum's Mozambique acreage, a deal that will help the US company reach a final decision on the project. Centrica and Tokyo Gas will buy 2.6-million tonnes of LNG per... 

Porsche to start production of first full electric car in 2019

By: Irma Venter     15th June 2018 Series production of the first purely electric Porsche, the Taycan, is set to begin next year. The name can be roughly translated as “lively young horse”, referencing the imagery at the heart of the Porsche crest, which has featured a leaping steed since 1952. 

Porsche to start production of first full electric car in 2019
The Porsche Taycan

Gordhan lays out State's case against suspended Sars boss Moyane

By: News24Wire      15th June 2018 Public Enterprise Minister Pravin Gordhan has laid out the State's case against suspended South African Revenue Service (Sars) commissioner Tom Moyane in a 69-page affidavit. Moyane was suspended from the tax agency on March 19. President Cyril Ramaphosa at the time accused him of overseeing a... 

 Gordhan lays out State's case against suspended Sars boss Moyane
Suspended Sars boss Tom Moyane

Numsa rejects Eskom arbitration process

By: African News Agency      15th June 2018 The National Union of Metalworkers of SA (Numsa) on Friday rejected Eskom's decision to engage in an arbitration process on the current wage dispute with workers unions, saying that such a decision was made without consulting them. Numsa, the National Union of Mineworkers (Num), and Solidarity... 

Numsa rejects Eskom arbitration process

South Africa chairs International Telecommunications Satellite Organisation for first time

By: Creamer Media Reporter      15th June 2018 Telecommunications and Postal Services Minister Dr Siyabonga Cwele has been elected chairperson of the International Telecommunications Satellite Organisation (ITSO) for the next two years. This is the first time South Africa is chairing ITSO, which is a 150-member intergovernmental organisation... 

'High risk' of load shedding over weekend

By: News24Wire      15th June 2018 South Africa on Friday experienced its second consecutive day of load shedding, with power outages likely to continue over the weekend.  Eskom spokesperson Khulu Phasiwe said that stage 1 load shedding started at 11:30 and would continue until 21:00 due to "multiple trips of its power generation... 

'High risk' of load shedding over weekend

Eskom obtains court interdict against workers pickets at power stations

By: African News Agency      15th June 2018 Eskom on Friday obtained a court interdict prohibiting the intimidation of workers and contractors who are not part of an ongoing wage strike, as well as the highjacking of coal trucks and the sabotaging of the power utility's electricity infrastructure.  On Thursday, generation and distribution... 

Eskom obtains court interdict against workers pickets at power stations

More petrol price hikes for SA: 'Oil down but Rand pummels fuel price' – AA

By: News24Wire      15th June 2018 Motorists will have to brace themselves as fuel prices look set for another jump going into July, says Automobile Association (AA), commenting on unaudited mid-month fuel data released by the Central Energy Fund (CEF).   AA said: "Since the start of June, the Rand has steadily weakened against... 

More petrol price hikes for SA: 'Oil down but Rand pummels fuel price' – AA

World Economic Forum to discuss SA's reform agenda in Joburg

By: African News Agency      15th June 2018 The World Economic Forum (WEF) said on Friday that it will convene a one-day roundtable later this month with President Cyril Ramaphosa, ministers and business leaders from across the world about the role of business in shaping an inclusive and sustainable agenda for South Africans. Elsie Kanza,... 

 World Economic Forum to discuss SA's reform agenda in Joburg

Minerals Council, water dept collaborate on water conservation, demand management project

By: Creamer Media Reporter      15th June 2018 The Department of Water and Sanitation (DWS) and the Minerals Council South Africa (MCSA) have reached a significant milestone in a collaborative exercise on water conservation and water demand management aimed at driving water savings and usage improvements in the mining industry. The... 

Minerals Council, water dept collaborate on water conservation, demand management project

City of Johannesburg slams Eskom over power cuts

By: Reuters     15th June 2018 The city of Johannesburg said late on Thursday that State-owned electricity company Eskom had failed to give adequate notice before implementing scheduled power interruptions, or loadshedding, to relieve pressure on the grid in the face of a wage strike. "Despite the city receiving communication... 

BLSA extends partnership with USAID, $3m added

By: African News Agency      15th June 2018 Business Leadership South Africa (BLSA) and the United States Agency for International Development (USAID) on Thursday announced the extension of their multi-million rand partnership by a further three years and an additional $3.6-million. Beyond Advocacy Fund (BAF), is an imaginative partnership... 

South Africa prioritising business confidence and investor interest

By: African News Agency      15th June 2018 The South African government has prioritised the enhancement of business confidence and investor interest in order to create an enabling environment for business to thrive.  This is according to Deputy Minister of Trade and Industry Bulelani Magwanishe who on Thursday welcomed a business... 

Gauteng prepares to expropriate privately owned land without compensation

By: News24Wire      15th June 2018 The Gauteng government wants to "immediately" expropriate without compensation privately owned land lying idle. Premier David Makhura said the province was completing an audit of all unused privately owned land to test the Constitution instead of waiting on the parliamentary process currently... 

Gauteng prepares to expropriate privately owned land without compensation
Gauteng Premier David Makhura

China–Africa Industrial Cooperation 

15th June 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Senior Deputy Editor Rebecca Campbell about the recent China-Africa Industrial Cooperation conference and how China expects to help Africa in its industrialisation efforts. 

China–Africa Industrial Cooperation

As Gary Bell steps down as CEO, he urges SA manufacturers to embrace future

By: Irma Venter     15th June 2018 There is no need to cower in the corner when considering the future of manufacturing. Artificial intelligence and three-dimensional printing can open up a multitude of opportunities for South African manufacturers, says Bell Equipment CEO Gary Bell. Bell Equipment is, in fact, readying itself to... 

As Gary Bell steps down as CEO,  he urges SA manufacturers to embrace future

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      15th June 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

Illegal mining worth R7bn a year – PwC

By: Martin Creamer     14th June 2018 The value of illegal mining and dealing of metals and diamonds in South Africa is estimated to be more than R7-billion a year, says PwC. In its latest edition of SA Mine, the professional services firm equates this to revenue generated from 430 000 oz of gold at the current market price. 

Illegal mining worth R7bn a year – PwC
Photo by Dylan Slater
Informal processing of sand from a depleted mine dump off the N3 South freeway, near Elandsfontein, in Germiston

Mkhize discusses govt’s strategy towards municipal debt owed to Eskom

By: Marleny Arnoldi     14th June 2018 Cooperative Governance and Traditional Affairs Minister Dr Zweli Mkhize on Thursday briefed the Standing Committee on Public Accounts about government’s plans to resolve the challenge of debt owed by municipalities to State-owned power utility Eskom.  

Mkhize discusses govt’s strategy towards municipal debt owed to Eskom
Photo by Creamer Media
Cooperative Governance and Traditional Affairs Minister Zweli Mkhize

Rothdene pumpstation upgrade nears completion

By: Simone Liedtke     14th June 2018 The upgrade of the Rothdene pumpstation, in Meyerton, is 99% complete and will be finalised by the end of June. The project started in June last year and is four pumps with a capacity of 440 ℓ/s comprise the upgrade, which, upon completion, will open the opportunity for the Midvaal municipality... 

Rothdene pumpstation upgrade nears completion

Industry 4.0 to add benefits across the entire value chain

By: Schalk Burger     14th June 2018 The nascent industrial revolution happening across the world, termed Industry 4.0, is helping to improve the entire value chain through the digitalisation of all processes and the integration and improvement of the interdependent processes, says industrial systems multinational Siemens Digital... 

Nersa grants Eskom R32.69bn in RCA application

By: African News Agency      14th June 2018 The National Energy Regulator of South Africa (Nersa) on Thursday granted Eskom R32.69-billion following its regulatory clearing account (RCA) application for the multi-year price determination period from 2015 to 2017. The cash-strapped power utility had applied for a 19.9% tariff hike to recoup... 

Nersa grants Eskom R32.69bn in RCA application

South Africa’s metrology institute reports successful food safety conference

By: Rebecca Campbell     14th June 2018 The National Metrology Institute of South Africa (NMISA) announced earlier this week that it had held its first Africa Food Safety Workshop during the first week of this month, in Pretoria. The event was attended by delegates form South Africa, Africa and the rest of the world. They represented... 

WTO deputy chief advises EU caution in response to US tariffs

By: Reuters     14th June 2018 There is no basis in World Trade Organisation rules for US tariffs on steel and aluminium, but the European Union should proceed cautiously when responding to the measures, WTO deputy director-general, Karl Brauner, told a German magazine. "I see no basis in WTO law for the tariffs imposed by the... 

SARB launches commemorative Mandela banknotes

By: African News Agency      14th June 2018 The South African Reserve Bank (SARB) has said that it will be launching its first commemorative banknote series, in celebration of the first democratically elected president Nelson Mandela’s birth centenary.  These notes will cover all denominations - R10, R20, R50, R100 and R200 - and as part... 

SARB launches commemorative Mandela banknotes

Italy top court rejects appeal to stymie Shell, Eni corruption trial

By: Reuters     14th June 2018 Italy's Supreme Court threw out an appeal from Shell and four former Shell managers to stymie a trial on alleged corruption in Nigeria, which also sees Eni's chief on the bench, legal sources said on Wednesday. The long-running graft case revolves around the 2011 purchase by Eni and Shell of... 

Egypt appoints new minister of defence in new Cabinet – State television

By: Reuters     14th June 2018 Egypt has appointed a new minister of defence in a cabinet sworn in on Thursday by President Abdel Fattah al-Sisi to mark the start of his second term in office. Mohamed Ahmed Zaki Mohamed was named minister of defence, replacing Sedki Sobhi. 

Wage protests threaten South African power supply

By: Reuters     14th June 2018 About 1 000 union members picketed Eskom's headquarters on Thursday in a wage dispute that threatens the cash-strapped South African utility's ability to deliver power. There have been no reports of outages in Africa's most industrialised economy, but Eskom said that some plants had cut output,... 

Wage protests threaten South African power supply

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