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Oct 25, 2013
The decade from 2010 to 2020 would see the US economy remain in pole position as the world's largest economy, said Sasfin Securities deputy chairperson David Shapiro on Friday. Speaking at a Wesbank breakfast, held at the Johannesburg International Motor Show, he...
Oct 25, 2013
Over the next three years, the Department of Higher Education and Training (DHET) will spend R5-billion on implementing new and improving existing infrastructure and equipment at further education and training (FET) colleges.
Oct 25, 2013
Energy and chemicals company Sasol announced last month that it had contributed R135-million to date to the Govan Mbeki and Metsimaholo municipalites, in the Free State and Mpumalanga respectively, as part of its commitment to the Ikusasa public–private partnership...
Oct 25, 2013
Integrated energy and chemicals company Sasol notes that mathematics, science and technology play an important role in the country and, to compete favourably with developed and emerging economies, South Africa needs to produce ten times more engineers than what it...
Oct 25, 2013
SKILLS DEVELOPMENT The Southern African Stainless Steel Development Association’s basic introductory courses are run three times a year in Johannesburg, Cape Town and Durban
The Southern Africa Stainless Steel Development Association (Sassda) launched an online learning programme this month, targeted at nontechnical staff, such as administrative and warehousing staff, Sassda training manager Mankabe More tells Engineering News. “This...
Oct 25, 2013
The Earth Observation division of the South African National Space Agency (Sansa) recently launched its Fundisa 2013 educational resources, in Pretoria. These are directed at the country's universities and students and now, for the first time, at high school pupils...
Oct 24, 2013
Construction and engineering firm Murray & Roberts (M&R) on Thursday said it had invested more than R300-million, which amounted to nearly 1% of the group’s turnover and almost at third of its profit after tax, in skills, enterprise and community development...
Oct 24, 2013
A Hawk fighter-trainer of the SAAF
Addressing the media on Thursday morning, South African Air Force (SAAF) Chief Lieutenant-General Fabian Zimpande Msimang highlighted the mutual importance of the relationship between his Service and the local aerospace and aviation industries. “Strategic...
Oct 24, 2013
Article contains comments
Oct 24, 2013
Oct 23, 2013
Article contains comments
Oct 23, 2013
 
 
 
Oct 23, 2013
Finance Minister Pravin Gordhan
Finance Minister Pravin Gordhan announced plans to aggressively limit expenditure by government officials on a range of items from motor vehicles to alcohol, in a bid to contain costs in what he described as a “constrained fiscal environment”. The cost-cutting...
Oct 23, 2013
Finance Minister Pravin Gordhan reinforced government's stated commitment to the highly contested National Development Plan (NDP) in his Medium-Term Budget Policy Statement (MTBPS) address to lawmakers, indicating that the plan offered a platform for dealing with a...
Oct 23, 2013
Article contains comments
FNB chief economist Sizwe Nxedlana
The key to achieving sustained gross domestic product (GDP) growth of around 6%, as stated in the National Development Plan (NDP), was enhanced competitiveness, said First National Bank chief economist Sizwe Nxedlana on Wednesday. Speaking at the CAR Conference, held...
Oct 22, 2013
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Government is struggling to contain the frequency of wage-related protests, Deputy Mineral Resources Minister Godfrey Oliphant said on Tuesday. The surge in strikes, observed from 2007, calls for a resuscitation of trust and respect in wage negotiations, Oliphant...
Oct 22, 2013
The so-called youth wage subsidy bill does not need Nedlac approval, National Treasury officials told Parliament's finance standing committee on Tuesday. "Parliament is the only supreme body here and it approves or rejects or amends bills," Treasury deputy director...
Oct 21, 2013
If the “right messages” emerged from the upcoming Medium-Term Budget Policy Statement (MTBPS), South Africa could avoid another ratings downgrade, Business Unity South Africa (Busa) said on Monday. The MTBPS, which was expected to be released on Wednesday, should...
Oct 18, 2013
Sage CFO Rob Wilkie
While South African small and medium-sized enterprises (SMEs) were positive about their future prospects, they were pessimistic about the local economy and concerned that unsupportive banks and unnecessary government bureaucracy was constraining their growth, the...
Oct 18, 2013
Nokia VP: South and East Africa Gerard Brandjes
Major mobile phone company Nokia and the Department of Science and Technology (DST) on Friday jointly launched the Nokia Mobile Mathematics (MoMaths) service for South African pupils and teachers. The service is aimed at Grades 10, 11 and 12, the last three grades in...
Oct 18, 2013
Article contains comments
Thembani Bukula
The National Energy Regulator of South Africa (Nersa) has confirmed that it received BHP Billiton’s official response this week to Eskom’s application for a review of the utility’s electricity supply contracts with the miner’s aluminium smelter in terms of...
Oct 18, 2013
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The public sector will require more engineers than it has at present if it wants to successfully implement the National Infrastructure Plan (NIP), which has earmarked R827-billion for infrastructure projects over a three-year period from the current financial year,...
 
 
 
 
Oct 18, 2013
Oct 18, 2013
Article contains comments
South Africa's first Cubesat, ZACube-1, is set to be launched into space from Kazakhstan before the end of the year. A Cubesat is a nano satellite, a standardised format developed in the US, with dimensions of 10 cm x 10 cm x 10 cm. (Although there are now also some...
Oct 18, 2013
For South African companies to compete with international companies, it is imperative that they have access to new ideas and that the country institutionalises the generation of new ideas. Universities can function as research and innovation cores for networks of...
Oct 17, 2013
The Western Cape economy has outperformed the national economy as a whole, and is expected to continue to do so in the years ahead, Western Cape Finance Minister Alan Winde told the Provincial Legislature on Thursday. “Between 2013 and 2018, the gross domestic...
Oct 16, 2013
The European Union (EU) has materially softened its stance regarding South Africa’s decision to move away from bilateral investment treaties (BITs) in favour of a comprehensive investment law, indicating channels of communication have been opened to deal with its...
Oct 15, 2013
Article contains comments
Offering tax incentives to employers will not help solve the ticking time bomb of youth unemployment, says the National Union of Metalworkers of South Africa (Numsa). "We don't need incentives or handouts to create employment; we need to industrialise, we need to...
Oct 15, 2013
Frost & Sullivan senior economist Craig Parker has cautioned that, despite the International Monetary Fund’s current expectation of 2.9% growth in South Africa’s gross domestic product (GDP) in 2014, this will most likely be revised downward to 2.7%, as global...
Oct 14, 2013
Article contains comments
Trade and Industry Minister Dr Rob Davies
Companies would be granted a one-year transitional period to align with and prepare for the implementation of the revised broad-based black economic-empowerment (BBBEE) Codes of Good Practice following its gazetting on Friday. This seemed to be the only good news to...
Oct 11, 2013
Article contains comments
The requirements of funding institutions continue to hamper the growth of small, medium-sized and microenterprises (SMMEs), Trade and Industry Deputy Minister Elizabeth Thabethe said at the close of the two-day National Small Business Summit hosted by the Department...
Oct 11, 2013
Africa needs to overhaul and strengthen its governance systems if it is to deal with critical youth issues, social inequality and the mismanagement of the continent’s natural resources, New Partnership for Africa’s Development (Nepad) CEO Dr Ibrahim Mayaki said...
 
 
 
 
Oct 11, 2013
Article contains comments
Outgoing Seifsa president Henk Duys
Outgoing Steel and Engineering Industries Federation of South Africa (Seifsa) president Henk Duys has called for an overhaul in the way wage bargaining is conducted in the sector, describing the current system as “self destructive”, “one sided” and not...
Oct 11, 2013
Foundries have partnered with government departments, research and development organisations and universities to develop foundry skills through the Gauteng Foundry Training Centre (GFTC), says National Foundry Technology Network (NFTN) project manager Adrie El...
Oct 11, 2013
The boundary between university and business needs to become more porous as new graduates grapple with the increasingly complex demands of a changing workplace.
Oct 11, 2013
CENTRE OF EXCELLENCE The training facility aims to provide 200 students a year with technical training and handle a further 100 paint application learnerships a year
Training is needed in the coatings sector, not only from a technical and production point of view but also from an application standpoint, says the South African Paint Manufacturing Association (Sapma), whose training arm, the South African Paint Industry Training...
Oct 11, 2013
EQUIPMENT MAINTENANCE PRIORITY Poor maintenance practices are more prevalent in companies which are highly production orientated
Institutions, such as construction training provider Alusani Skills & Training Network, are trying to encourage engineering firms carrying out large construction projects to stipulate that the cost of maintenance programmes be included in tenders from construction...
Oct 11, 2013
The South African National Space Agency (Sansa) is continuing to develop the concept of a South African satellite navigation augmentation system. This has an initial primary, but by no means exclusive, focus on the aviation sector, which would greatly benefit from...
Oct 11, 2013
World trade growth in 2013 and 2014 is likely to be slower than the growth previously forecast. World Trade Organization (WTO) economists currently predict a 2.5% growth for 2013 of, down from the 3.3% forecast in April, and a 4.5% growth for 2014, down from 5%,...
Oct 10, 2013
The Department of Trade and Industry (DTI) and Sasol on Thursday inaugurated the ChemCity Business Incubator (CBI), which will support and promote the development of small, medium-sized and microenterprises (SMMEs). Trade and Industry Minister Dr Rob Davies and Sasol...
Oct 10, 2013
Labour strife, weak investment and lagging confidence were likely to mute gross domestic product (GDP) growth for 2013, unless deep structural reforms and policy certainty emerged, banking group Absa commented on Thursday. Absa Corporate and Investment Bank had...
Oct 10, 2013
Higher Education and Training Minister Blade Nzimande
Over the next three years, the Department of Higher Education and Training (DHET) will spend R5-billion on implementing new and improving existing infrastructure and equipment at further education and training (FET) colleges. A portion of the funds would also be...
 
 
 
 
Oct 10, 2013
President Jacob Zuma
Recent unresolved labour disputes should be resolved quickly so that the South African economy can return to normal, President Jacob Zuma said on Wednesday "We urge those sectors with disputes that have not yet been resolved to attend to them speedily so that the...
Oct 09, 2013
South Africa's macroeconomy does not have a credit bubble in the wake of the recession, economist Roelof Botha said on Wednesday. "Our study indicated there is no credit bubble," he said in Johannesburg, presenting a study commissioned by short-term credit company...
Oct 08, 2013
Article contains comments
Allyson Lawless
An ambitious survey has been launched in a bid to determine the size and composition of South Africa’s population of engineers, technologists and technicians, as well as to assess the true nature of the skills gaps that are constraining the roll-out of the...
Oct 08, 2013
Only by dealing with supply-side bottlenecks, labour disruptions and by improving productivity could South Africa achieve the growth numbers set out in the National Development Plan, Frost & Sullivan senior economist Craig Parker said on Tuesday. Frost & Sullivan...
Oct 08, 2013
Article contains comments
The International Monetary Fund (IMF) has again lowered its 2013 gross domestic product (GDP) growth forecast for South Africa, attributing the downward revision to persistent labour tensions, as well as weak investment and confidence levels. In its biannual World...
 
 
 
 
 
 
 
 
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