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Anine Kilian

Anine Kilian

Anine Kilian is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

South African Reits make their mark among South Africa’s top listed companies

20th November 2017 South African real estate investment trusts (Reits) rank high among the country’s top companies that earn the most for shareholders.   The sector featured strongly overall in the list of the Top 100 Companies on the JSE for performance. South African Reits made up a significant 12% of the Top 100... 

Shanta reaches cost-reduction goal

20th November 2017 In keeping with its previously announced strategy of optimising the financial performance of its operations, Aim-listed Shanta Gold has reduced annualised costs by $5.1-million, the company said in a statement on Monday. The company noted that the full benefit of this reduction would be achieved... 

TNPA completes R39m infrastructure upgrade at Port Nolloth

20th November 2017 The Transnet National Ports Authority (TNPA) has completed the R39-million rehabilitation of the infrastructure of Port Nolloth on the north-western coast of South Africa. The infrastructure upgrade was carried out by contractor Steffanuti Stocks Marine over 14 months, with 25% of the contract... 

Dawn’s turnaround plan starts to yield results

20th November 2017 Despite tough economic conditions in South Africa, JSE-listed Distribution & Warehousing Network (Dawn) narrowed its loss by 71% to R105-million for the six months to September 30, compared with a loss of R367-million in the first half of the prior financial year. Dawn CEO Edwin Hewitt commented... 

Corsa sees sales volume growth for sixth consecutive quarter

17th November 2017 Even though the global supply chain for metallurgical coal remains challenged and prone to disruption, strong steel pricing and production levels have helped to sustain a high level of demand for raw materials, which include metallurgical coal, according to Corsa Coal CEO George Dethlefsen. In a... 

Botswana Diamonds positive about potential at South African project

17th November 2017 A detailed ground geophysical survey undertaken on eight Group 1 kimberlites at Aim-listed Botswana Diamonds’ Free State exploration project, which is located between Bloemfontein and Kimberley, in South Africa, has indicated that the sizes of these kimberlites range from 0.3 ha to 1.15 ha. The... 

Alvern Cables to pay R4.7m penalty for price fixing, dividing markets 

17th November 2017 Power cable supply company Alvern Cables has admitted that it engaged in price fixing and market division tendering from November 2001 to November 2012, the Competition Tribunal said in a statement on Friday. The tribunal has confirmed an administrative penalty of R4 .7-million, which is 5% of... 

Gauteng infrastructure department commits to reclaiming govt buildings

17th November 2017 The Gauteng Department of Infrastructure Development has launched an initiative to recover government buildings that are illegally occupied across the province and to use them for student accommodation and other service delivery requirements. The department has identified several properties that... 

SAB invests millions in black-owned SMMEs

17th November 2017 Multinational beverage and brewing company Anheuser-Busch (AB) InBev subsidiary South African Breweries (SAB) has invested more than R200-million into creating an inclusive supply chain which incorporates black-owned and black women-owned small, medium-sized and microenterprises (SMMEs) through... 

Eskom executives, managers to undergo lifestyle, conflict of interest audits – interim CEO

16th November 2017 Power utility Eskom will implement independent audits on its leadership, with members of the executive committee, as well as divisional executives and senior general managers to undergo regular independent lifestyle and conflict of interest audits, interim CEO Sean Maritz announced on Thursday.... 

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