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Megan van Wyngaardt

Megan van Wyngaardt

Megan van Wyngaardt is Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Coca Cola’s Appletiser plant to double yearly production

27th June 2017 Coca-Cola Beverages South Africa’s (CCBSA’s ) Elgin-based Appletiser plant, in the Western Cape, is set to double its yearly production by October, owing to the beverage’s integration into the CCBSA supply chain grid. Appletiser SA is a wholly owned subsidiary of CCBSA, following last year’s... 

Govt will spend R1.8bn to increase university lodgings by 2020

27th June 2017 The Department of Higher Education and Training has allocated around R1.8-billion to increase the number of available beds at public universities by 28 690 by 2020. In response to a Parliamentary question by opposition party, the Democratic Alliance, Higher Education and Training Minister Dr... 

Formal jobs decline by 48 000 in Q1 – Stats SA

27th June 2017 Jobs in the formal nonagricultural sector declined by 48 000, or 0.5%, to 9.64-million in the quarter ended March 31, Statistics South Africa’s (Stats SA’s) Quarterly Employment Statistics (QES) report has revealed. This was mainly driven by trade and finance and business services, which lost 32... 

Miners to tighten their belts for the remainder of the year – BMI

27th June 2017 Despite the modest recovery in global commodity prices, miners will remain focused on capital and supply discipline in the year ahead, through debt reduction and efficiency enhancements, research firm BMI said on Tuesday. In its ‘Mining Mid-Year Update: Key Themes For 2017’ report, it noted that... 

Mokonyane fires Overberg Water board

27th June 2017 Water and Sanitation Minister Nomvula Mokonyane has terminated Overberg Water’s entire board, with immediate effect, citing financial irregularities. Overberg Water acting CEO Nthabiseng Fundakubi has also been recalled from her position. 

Stronger rand to affect Amplats’ H1 earnings

27th June 2017 The stronger rand is expected to have negatively impacted on Anglo American Platinum’s (Amplats’) headline earnings and headline earnings per share (HEPS) for the six months to June 30. Headline earnings are expected to be at least R329-million, or 126c a share, lower than in the six months to... 

Cell C appoints new CFO

27th June 2017 Mobile services provider Cell C has appointed Tyrone Soondarjee CFO, effective July 1. “We are excited to welcome such an esteemed member of the financial services industry to lead Cell C into its next phase as a business,” said Cell C CEO Jose Dos Santos.    Soondarjee brings 30 years of... 

TNPA unveils R255m admin building at Ngqura

27th June 2017 State-owned Transnet National Ports Authority (TNPA) has unveiled a new R255-million administration building – eMendi – at the Port of Ngqura, in the Eastern Cape. Speaking at the unveiling, TNPA CEO Richard Vallihu said the 10 000 m2 building was named in reference to the SS Mendi troop ship... 

Omnia FY17 results pinched by tough economy

27th June 2017 Chemicals producer Omnia on Tuesday reported a drop in headline earnings a share to 881c for the year ended March 31, from 944c in the prior financial year, owing to a tough economic environment. This resulted in an 8% drop in its profit before tax, to R856-million. 

Blue Label to acquire mobile device distributor in R1.9bn deal

27th June 2017 Local telecommunications firm Blue Label will, through its The Prepaid Company subsidiary, acquire mobile device distributor 3G Mobile for R1.9-billion. The shares in 3G Mobile will be acquired in two stages, with the initial acquisition of 47.37% of the issued share capital for R900-million,... 

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