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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

MTN simplifies tower ownership structure

17th February 2017 Telecommunications giant MTN Group will exchange its 51% interest in Nigeria Tower InterCo, the parent company of INT Towers, the Nigerian telecoms tower operator, for an additional shareholding in IHS Holding. As a result, MTN’s economic interest in IHS Group will increase from 15% to 29%, with... 

Mobilising youth seen as key to unlocking job creation in Africa

17th February 2017 With the continent facing a significant unemployment rate and with millions in need of jobs, local governments need to strengthen their relationships and build alliances within Group of 20 (G20) economies, but without sole reliance on its capital resources. During a South African Institute of... 

Wind overtakes coal in Europe as turbines head offshore

17th February 2017 South African Photovoltaic Industry Association (Sapvia) cofounder Ryan Hammond has been appointed CEO of a African Infrastructure Investment Managers (AIIM), owner of a 287 MW renewable-energy portfolio that includes Emoya Energy's 40 MW Cookhouse wind farm. With 20 years of experience in the... 

Implats invests in fuel cells to power Gauteng refinery

17th February 2017 Platinum group metals producer Impala Platinum (Implats) has, through the installation of an 8 MW Doosan fuel cell plant, moved one step closer to taking its refinery, near Johannesburg, off-grid. The first phase of the project comprises 20 Doosan fuel cells, which use combined heat and power to... 

City Power clamps down on corruption, welcomes forensic investigation

16th February 2017 Johannesburg City Power chairperson Reverend Frank Chikane on Thursday said the company’s board welcomes any forensic investigation into multibillion-rand tenders awarded by the entity. City Mayor Herman Mashaba earlier this month said he would start such an investigation after hearing of serious... 

ARB Holdings holds steady amid tough economic conditions

16th February 2017 Investment company ARB Holdings has posted a profit of R77.97-million for the six months to December 31, marginally higher than the profit of R77.68-million posted for the six months to December 31, 2015. Revenue was up 3.1% year-on-year to R1.27-billion, as a result of revenue growth in the... 

Liberty Two Degrees sees ongoing growth in year ahead

16th February 2017 In its first set of financial statements since listing on the JSE, real estate investment trust Liberty Two Degrees (L2D) has reported a distribution of 4.85c per unit for the year ended December 31. The company on Thursday said it had R2.8-billion in cash available for acquisitions, positioning... 

€64m Kariba dam plunge pool contract signed

16th February 2017 A €64-million contract that will see the three-year Kariba dam plunge pool reshaping works set in motion, was signed by Zambia’s Treasury secretary Fredson Yamba and French construction company Razel-BEC on Wednesday. The plunge pool reshaping is the first component of the Kariba dam... 

Twinsaver looks to diversify portfolio through Validus acquisition

16th February 2017 Branded tissue products manufacturer Twinsaver Group is in talks to acquire hygienic disposable products company Validus Medical, further diversifying its portfolio in the fast-moving consumer goods sector. Twinsaver Group CEO Garth Towell said the acquisition would enable the company to service... 

South Africa to learn from Germany’s experience in roll-out of fuel cell buses

16th February 2017 The Department of Trade and Industry (DTI) in partnership with the German government will host a fuel cell bus workshop at the South African Renewable Energy Technology Centre, in Bellville, Cape Town, next week. The workshop will be held under the theme ‘Fuel Cell Bus – Unleashing Industrial... 

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