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Natasha Odendaal

Natasha Odendaal

Natasha Odendaal is Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Post-Panama, there are lessons to be learnt in fighting corruption

30th May 2016 The so-called Panama Papers should be used as a launchpad to develop multi-jurisdictional efficiencies and to promote an exchange of best practices globally to fight corruption and mitigate widespread illicit financial flows. Swiss Foreign Ministry public international law and legal adviser and... 

Eskom on track to meet winter electricity demand

30th May 2016 State-owned power utility Eskom has reiterated its commitment to keeping unplanned breakdowns below 4 000 MW and ensuring no load-shedding for the rest of the year, as it revises its weekend maintenance plans in line with dropping temperatures. As winter temperatures start to set in, the... 

Ansys records FY surge on Parsec acquisition

30th May 2016 JSE-listed Ansys on Monday reported across-the-board double-digit growth for the 12 months to February 29, bolstered by the nine-month inclusion of technology investment group Parsec, which it bought in 2015. Group headline earnings a share increased 11.5% from 4.44c in 2015 to 4.95c in the 2016... 

NDP credibility needs to be rebuilt, consistency key

27th May 2016 There is an urgent need to revive and rebuild the credibility and certainty afforded by – and more rapidly and consistently implement – South Africa’s National Development Plan (NDP), as potential downgrades by credit agencies further threaten the country’s economic growth. North West University... 

DTI hopeful of continental free trade area agreement conclusion in two years

27th May 2016 South Africa’s Department of Trade and Industry (DTI) is hopeful of concluding the continental free trade area agreement within two years to facilitate Africa-wide ease of trade among country peers. Speaking on the final day of the Southern African Metals and Engineering Indaba, held in Sandton,... 

Wescoal says water-use licence for Khanyisa granted

26th May 2016 JSE-listed Wescoal has been granted a 20-year water-use licence for its opencast Khanyisa colliery, in Mpumalanga. The licence, issued by the Department of Water and Sanitation, was effective immediately; however, the company still required additional regulatory consents from the Department of... 

Esor returns to FY profitability

26th May 2016 Civils and construction group Esor on Thursday posted a return to profitability for the year ended February 29, 2016, after a “painful” restructuring that set the JSE-listed group on a more stable path for recovery and growth. Esor swung to a profit of R3.7-million for the year under review, from... 

Manufacturing sector sentiment tumbles in Q1

25th May 2016 Falling sales, rising unsold inventory levels and increased costs marred the sentiment of the manufacturing sector during the first quarter of the year. The Manufacturing Circle’s 2016 first quarter manufacturing survey, released on Wednesday, showed a deterioration in sentiment over the past... 

South African companies urged to up the ante on anticorruption programmes’ transparency

25th May 2016 A new report by Corruption Watch has revealed that, while South African companies are fairly transparent when it comes to certain anticorruption reporting practices when compared with their global counterparts, much could be done to improve disclosure and accountability in other areas where... 

ECDC unveils new quarry venture

24th May 2016 The Eastern Cape Development Corporation (ECDC) on Tuesday unveiled its latest mining investment play – a R200-million aggregate mine in Indwe, in the Eastern Cape, with two offtake agreements already inked. The development financier, which injected R736 000 to prepare the privately-owned farm... 

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