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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

Jubilee posts stronger interim results

30th March 2017 Noting that its financial results for the six months to December 31, reflected its transformation and continued strong growth in establishing itself as a significant metals producer, dual-listed Jubilee Platinum on Thursday posted a significant increase in gross profit to £900 000, up from the... 

President Zuma needs to reveal reasons for cancelling investor road trip – BLSA

30th March 2017 Business Leadership South Africa on Thursday called on President Jacob Zuma to reveal his reasons for cutting Finance Minister Pravin Gordhan’s investor roadshow trip, to the UK, short. “If the President has credible and actionable reasons for the crisis unleashed by his action, he needs to tell... 

Supply, enterprise development can help businesses meet BEE requirements

30th March 2017 South African companies cannot continue with business as usual practices in terms of meeting black economic-empowerment (BEE) targets, as it is no longer just a “tick-box exercise”, panelists at the Inyosi Enterprise and Supplier Development BEE debate said on Thursday. Panelist Leanne... 

Mining starts at Edenville’s Rukwa project

30th March 2017 Mining has started at Aim-listed Edenville Energy’s Rukwa coal-to-power project, with the crushing of several hundred tonnes of coal already completed. The miner on Thursday said the majority of the coal produced so far has been crushed using a temporary crushing facility Edenville refurbished... 

Petra Diamonds issues $600m in notes

30th March 2017 To refinance its existing $300-million, 8.25% senior secured second lien notes, Petra Diamonds launched a $600-million notes issue on Thursday. Proceeds will also be used to repay all drawn bank facilities and for general corporate purposes. 

SAA, Ethiopian Airlines extend code-share agreement

29th March 2017 The extension of South African Airways’ (SAA’s) code-share service agreement with Ethiopian Airlines to include Cape Town, Durban and Toronto, Canada, became effective this week. The expanded code share now offers a direct service between Addis Ababa and Cape Town and Addis Ababa and Durban.... 

Stifling legislation deters economic disruptors – Winde

29th March 2017 Stifling legislation slowing down businesses and innovators will not be tolerated in the Western Cape, provincial Economic Opportunities Minister Alan Winde said on Wednesday. During his budget speech for the province’s Department of Economic Development and Tourism, Winde highlighted that the... 

Western Cape budgets for drought relief

29th March 2017 The Western Cape government has set aside R797-million for its Department of Agriculture in the 2017/18 financial year. Of this, R47-million was allocated towards drought relief, with a special focus on emerging entrepreneurs. “In 2015, South Africa recorded its lowest rainfall in a calendar year... 

AFC aims to have $5bn in assets by 2019

29th March 2017 Multilateral development finance institution Africa Finance Corporation (AFC) on Wednesday reported that it had invested $688-million during the 2016 financial year, returning a robust financial performance of $115.3-million in total comprehensive income – a 64% year-on-year improvement. The... 

Promulgation of Mining Charter to dent South Africa’s risk, reward score – BMI

29th March 2017 If the proposed Mining Charter is promulgated, it will dent South Africa’s score on global research firm BMI Research’s Sub-Saharan Africa Mining Risk Reward Indices, as it could deter investment. The research firm currently places South Africa as the second-most attractive country for capital... 

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