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Gibela factory on track for March completion, says new CEO

By: Irma Venter     11th December 2017 Construction of the Gibela plant, in Dunnottar on the far East Rand, is on track for completion in March next year, says Gibela Rail Transport Consortium CEO Thierry Darthout. Darthout, former Gibela operations VP, took over the reins from Marc Granger on August 1. The 53-year-old is a mechanical... 

Gibela factory on track for March completion, says new CEO
Thierry Darthout

Fairfax exits PPC partial acquisition bid

By: Natasha Odendaal     11th December 2017 Fairfax Africa Investments has withdrawn its intention to acquire R2-billion worth of shares in cement producer PPC. In an update to shareholders on Monday, JSE-listed PPC said it had received formal notification on Friday that Fairfax would no longer pursue the partial offer. 

AMSA appoints new CEO

By: Natasha Odendaal     Updated 6 hours ago ArcelorMittal South Africa (AMSA) has appointed former Aveng CEO Hendrik ‘Kobus’ Verster to succeed Wim de Klerk, who will step down on January 31, as CEO. Verster will join the company on January 2 as CEO designate to ensure a smooth handover and will assume the position of CEO and executive... 

Crucial for commodity countries to build economic resilience – Unctad 

By: Martin Creamer     Updated 3 hours ago Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development (Unctad) economic affairs officer Stefan Csordas warned on Monday. Unctad and the Food and... 

Unctad’s Stefan Csordas discusses commodities report with Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Lionel de Silva.

Cyril Ramaphosa calls for mining sector action

By: Martin Creamer     Updated 6 hours ago South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy President Cyril Ramaphosa. In an article on the CR17 Siyavuma campaign website, ahead of this... 

Cyril Ramaphosa calls for mining sector action
Photo by Duane Daws
Deputy President Cyril Ramaphosa

DA consulting lawyers on legality of energy blueprint

By: African News Agency      Updated 6 hours ago The Democratic Alliance said on Monday it was taking legal advice on the approval of government’s new Integrated Resource Plan (IRP), which envisions nuclear procurement. Democratic Alliance energy spokesperson, Gavin Davis, said the apparently rushed approval of the policy blueprint with no... 

Fluor secures Vopak EPCM contract for Durban fuel storage terminal

By: Creamer Media Reporter      Updated 7 hours ago Vopak Terminal Durban has awarded NYSE-listed Fluor Corporation an engineering, procurement and construction management contract to deliver the Vopak Growth 4 Project, in Durban. The project forms part of Vopak’s expansion programme to increase the capacity of fuel storage at its Durban terminal... 

Metal workers union continues strike action at Agni Steel in South Africa

By: African News Agency      Updated 7 hours ago Liberated Metalworkers Union of South Africa (Limusa) said on Monday that it will proceed indefinitely with its strike at Agni Steel South Africa in Port Elizabeth due to protracted wage negotiations that started in 2016 with the company. This comes as the protected industrial action entered a... 

Blue Label concludes 3G acquisition after Competition Tribunal thumbs up

By: Natasha Odendaal     Updated 6 hours ago JSE-listed Blue Label has secured Competition Tribunal approval for the acquisition of the remaining 52.63% of mobile device distributor 3G Mobile. The local telecommunications firm had, through its The Prepaid Company subsidiary, acquired 3G Mobile for R1.9-billion, with the initial acquisition... 

Brimstone says subsidiary Sea Harvest in acquisition talks

By: African News Agency      11th December 2017 South African investment holding company Brimstone said on Monday its subsidiary Sea Harvest had entered into negotiations to acquire the entire fishing business of Viking Fishing. Brimstone, which has a 54.9% stake in Sea Harvest, said a consortium of broad-based black economic empowerment... 

Metrorail suspends all train services on Cape Town central line

By: News24Wire      11th December 2017 Metrorail Western Cape announced its decision on Monday to suspend all trains running on the central line, which services areas such as Khayelitsha, Philippi, Mitchells Plain, Bishop Lavis and Langa, until further notice. "Stations will be closed and no tickets will be on sale until further... 

Gift of the Givers to unveil aquifer project in drought-stricken Beaufort West

By: News24Wire      11th December 2017 The Gift of the Givers is expected to unveil its Beaufort West Witperd aquifer development project in the drought-stricken town on Monday afternoon. Last month, the Western Cape government denied that the town of about 37 000 residents had reached "Day Zero" with water supply. 

Rosatom says planned Egypt nuclear plant to cost $21bn

By: Reuters     Updated 7 hours ago Russian state nuclear company Rosatom said on Monday a power station it will build in Egypt will cost up to $21-billion and is expected to be finished by 2028/29. Russian President Vladimir Putin and his Egyptian counterpart Abdel Fattah al-Sisi will sign an agreement on the project on Monday,... 

AfDB grants loan support to two African renewable energy projects

By: Dylan Slater     11th December 2017 The African Development Bank (AfDB) has approved $324-million in loan support to two renewable energy projects in Morocco and Côte d’Ivoire that are expected to significantly increase power supplies and boost economic growth in those countries.  

AfDB grants loan support to two African renewable energy projects
The Noor concentrated solar power project’s Phase 1

Steinhoff continues trade, appoints subcommittee

By: News24Wire      11th December 2017 Disgraced retail international holding company Steinhoff has established a board subcommittee to bolster independent governance following the resignation of CEO Markus Jooste over accounting irregularities which are being investigated. In a note to shareholders issued on Monday morning, the group... 

Political will needed to maintain South Africa growth momentum

By: Reuters     11th December 2017 South Africa's economy needs political support to maintain upward momentum into next year, a Reuters poll found on Monday, just days before a conference of the ruling African National Congress. Medians in the poll of 26 economists, surveyed by Reuters last week, suggested the economy will grow... 

Political will needed to maintain South Africa growth momentum
Photo by Duane Daws
Deputy President Cyril Ramaphosa

Khoza to continue as Eskom chair

By: Anine Kilian     8th December 2017 Zethembe Khoza will continue in his position as chairperson of State-owned power utility Eskom until the 2018 annual general meeting, according to Public Enterprises Minister Lynne Brown, who announced the State-owned power utility’s new board on Friday. The new board – comprising Khoza, Dr Pat... 

Khoza to continue as Eskom chair
Eskom chairperson Zethembe Khoza

SAPVIA launches ‘bold’ 5-point plan for solar industrialisation

By: Mia Breytenbach     8th December 2017 The South African Photovoltaic Industry Association (SAPVIA) has announced a “bold” five-point plan for the solar photovoltaic (PV) industry to drive industrialisation, create jobs, and contribute to economic growth. Speaking at the Energy Indaba held at Gallagher Estate in Midrand, on Friday,... 

SAPVIA launches ‘bold’ 5-point plan for solar industrialisation

Ballistic firearms ‘fingerprinting’ futile, wasteful – SA Hunters

By: Dylan Slater     8th December 2017 Recent proposals by the South African Police Service (Saps) to establish a national “ballistic fingerprint” database of legally owned firearms in South Africa and for this database to be used as a forensic tool in criminal investigations is a largely futile and wasteful exercise in Saps’... 

M&R acquires a further 17% of Bombela

By: Anine Kilian     8th December 2017 JSE-listed engineering and construction group Murray & Roberts (M&R) has completed the acquisition of a further 17% shareholding in the Bombela Concession Company (BCC) for a total consideration of R405-million.  BCC is a special-purpose vehicle that was appointed in 2006 by the Gauteng... 

Khato Civils opens new head office in South Africa

By: Anine Kilian     8th December 2017 South African construction and engineering company Khato Civils on Friday unveiled its official headquarters, located in Samrand, Gauteng. Speaking at the launch, Khato Civils chairperson Simbi Phiri noted that the company has expanded its operations to Botswana, Malawi, Zimbabwe, Ghana and... 

Khato Civils opens new head office in South Africa
Simbi Phiri

SA new-vehicle sales forecast to grow in 2018 – Naamsa

By: Irma Venter     8th December 2017 South African new-vehicle sales are projected to grow by 2% in 2017 compared with 2016, while 2018 is expected to produce further “modest growth”, says the National Association of Automotive Manufacturers of South Africa (Naamsa). The association of Friday released its third quarter review of... 

SA new-vehicle sales forecast to grow in 2018 – Naamsa

Zuma to appeal important judgment on NPA

By: Thabi Madiba     8th December 2017 The Presidency said on Friday that it noted the judgment by the High Court which ruled that National Director of Public Prosecutions (NDPP) Shaun Abrahams who heads the National Prosecuting Authority (NPA) must vacate his office. The judgment was handed down in the application seeking an order... 

Zuma to appeal important judgment on NPA
Photo by Govt
South Africa's President Jacob Zuma

Omnia files contempt of court case at Foskor over contentious phosphoric acid pricing

By: Dylan Slater     8th December 2017 Diversified chemicals producer Omnia has filed a contempt of court case against phosphates and phosphoric acid producer Foskor over the alleged breaching of a court order by the Competition Tribunal 

South Africa's Aveng terminates agreement to sell stake in Grinaker-LTA

By: Reuters     8th December 2017 South African construction firm Aveng said on Friday it terminated an agreement to sell a 51 percent stake in its Grinaker-LTA unit to a black-owned company, after the acquiring firm failed to fulfil funding conditions. Aveng said Kutana Construction, which is now known as Singabakhi Holdings,... 

ANC reacts to court setting aside Abrahams appointment

By: African News Agency      8th December 2017 South Africa's ruling African National Congress (ANA) said it "noted" Friday's court judgment in Pretoria that the appointment of the country's prosecutions boss, Shaun Abrahams, be set aside. "The ANC will allow the parties involved to reflect on the judgment and its implications as well as... 

ANC reacts to court setting aside Abrahams appointment

Ramaphosa must appoint new NPA head as court rules Abrahams must vacate office

By: News24Wire      8th December 2017 Deputy President Cyril Ramaphosa has two months to appoint a new head of the National Prosecuting Authority (NPA) after the High Court in Pretoria declared the post vacant. In an unexpected turn, Judge Dunstan Mlambo has ruled that Advocate Shaun Abrahams, the National Director of Public... 

Ramaphosa must appoint new NPA head as court rules Abrahams must vacate office
Photo by Reuters
Cyril Ramaphosa & Jacob Zuma

NPA boss Shaun Abrahams must vacate his job, judge rules

By: News24Wire      8th December 2017 The High Court in Pretoria has ruled that Advocate Shaun Abrahams, the national director of public prosecutions (NDPP), must vacate his seat. Judge Dunstan Mlambo further ruled it would not be just for the former prosecutions boss Mxolisi Nxasana to be reinstated and that due to his pending... 

NPA boss Shaun Abrahams must vacate his job, judge rules
Photo by Reuters
NDPP Shaun Abrahams

Owner’s engineer role by ‘Proudly South African’ Erudite pleasing Perth 

By: Martin Creamer     8th December 2017 New ‘Proudly South African’ start-up Erudite Strategies has hit a rich vein of acceptance in Australia, where investors in junior mining projects in Africa are showing alacrity in taking up its unique client representative and owner’s engineer offering. Each of Erudite’s three leading lights has... 

Mining Weekly Online’s Martin Creamer interviews Johann de Bruin, the founding director of the new project engineering company Erudite. Video: Nicholas Boyd. Video Editing: Nicholas Boyd and Lionel da Silva.

Cabinet approves long-awaited IRP update 

     8th December 2017 Creamer Media’s Samantha Herbst talks to Engineering News editor Terence Creamer about the newly approved IRP and what this means for South Africa’s energy mix. 

Cabinet approves long-awaited IRP update

Brown to reveal new Eskom board late on Friday

By: News24Wire      8th December 2017 Public Enterprises Minister Lynne Brown will reveal Eskom's new board on Friday. Brown's spokesperson Colin Cruywagen said that the long-awaited announcement would be made by end of business on Friday. 

 Brown to reveal new Eskom board late on Friday
Photo by Duane Daws
Public Enterprises Minister Lynne Brown

Steinhoff shares bounce off 14-year low in volatile trade

By: Reuters     8th December 2017 Steinhoff shares plunged another 50 percent on Friday, before recovering as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week. More than $12 billion has been wiped off the market value of the owner of... 

DA wants probe into Deloitte over Steinhoff role

By: African News Agency      8th December 2017 South Africa's main opposition Democratic Alliance (DA) said on Friday it had requested an investigation into Deloitte, the auditors of retail group Steinhoff, after accounting irregularities were uncovered. "The resignation of Markus Jooste, Chief Executive Officer of Steinhoff International... 

DA wants probe into Deloitte over Steinhoff role

Blockchain set to change transactions, information flow and business processes

By: Schalk Burger     8th December 2017 Trust is the underlying factor supporting financial systems – from the value of currency and financial transactions to public spending. Similarly, trust underpins almost all information transfers, and money is a medium that allows people to ‘communicate’ value throughout an economy, says... 

Blockchain set to change transactions, information flow and business processes

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      8th December 2017 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Engineering News iPhone and Android Apps available for free download

No further IRP consultations as Cabinet approves plan and 27 renewables projects

By: Terence Creamer     7th December 2017 Energy Minister David Mahlobo reported on Thursday that Cabinet approved an updated Integrated Resource Plan (IRP) for electricity during a marathon 12-hour meeting on Wednesday and that the new plan would be published without any further public consultation. Briefing the media at an ‘Energy... 

No further IRP consultations as Cabinet approves plan and 27 renewables projects
Energy Minister David Mahlobo

Transnet Freight Rail accepts delivery of the first TRAXX Class 23 E locomotives

By: Shirley le Guern     7th December 2017 Transnet Freight Rail on Thursday formally accepted the first of 460 TRAXX Class 23 E locomotives at the Transnet Engineering head office, in Durban. To date, 15 locomotives are in the final stages of dynamic acceptance testing and are expected to start work in the new year. A further eight are... 

Transnet Freight Rail accepts delivery of the first TRAXX Class 23 E locomotives
The new TRAXX 23 E made its entrance in Durban yesterday

Business park to be redeveloped as mixed-use precinct – Atterbury

By: Schalk Burger     7th December 2017 Earthmoving equipment and logistics multinational Barloworld has partnered with property development firm Atterbury and investment finance house African Rainbow Capital – as co-investors – to redevelop the Sandton-based Barlow Park Campus into a 130 000 m2 mixed-use precinct. The property is... 

Business park to be redeveloped as mixed-use precinct – Atterbury
An artist's impression of the mixed-use Barlow Park precinct to be developed

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