http://www.engineeringnews.co.za
R/€ = 16.46 Change: -0.06
R/$ = 14.24 Change: -0.07
Au 1222.51 $/oz Change: -7.04
Pt 838.50 $/oz Change: -5.64
 
Close

Email me free daily news

Email address

South Africa slips in WEF Global Competitiveness Index

By: African News Agency      Updated 1 hour 16 minutes ago South Africa has fallen another five places in the World Economic Forum Global Competitiveness Index (WEF GCI), placing 67 out of 140 countries. The 2018 WEF GCI, released on Wednesday, scores 140 economies using 98 indicators organised into 12 pillars – institutions, infrastructure, ICT... 

South Africa slips in WEF Global Competitiveness Index

City of Johannesburg, Eskom reach agreement to electrify Zandspruit

By: News24Wire      Updated 1 hour 26 minutes ago Eskom and the City of Johannesburg have reached an agreement to rid the Zandspruit informal settlement of illegal electrical connections. The area has been rocked by protests, which flared up when two children were reportedly electrocuted last week. The protests entered their second day on... 

Zambian power firm CEC divests from telecoms business

By: Reuters     Updated 39 minutes ago Copperbelt Energy Corp (CEC) has sold its 50% stake in CEC Liquid Telecom to Pan-African telecoms group Liquid Telecommunication Holdings, the power firm said on Tuesday. CEC, Zambia's main supplier of power for its mines, and Liquid Telecom were equal partners in the joint telecoms firm since... 

Calls for greater transformation in the energy industry 

By: Kim Cloete     16th October 2018 Calls for greater participation by black professionals in the energy industry were made during public hearings into the Integrated Resources Plan (IRP), held at Parliament, on Tuesday. The Black Energy Professionals Association, an organisation of black professionals that practice their trade... 

Organisations oppose coal in IRP public hearings 

By: Kim Cloete     16th October 2018 Public hearings into the Integrated Resources Plan (IRP) kicked off in Parliament on Tuesday, with several organisations voicing their concerns about the plan’s provision for new coal-fired power stations. Attorney Robyn Hugo of the Centre for Environmental Rights (CER) told Parliament’s... 

MeerKAT telescope described as 'a quantum lead forward'

By: Kim Cloete     16th October 2018 The launch of Ghana’s Kutunse radio telescope, as well as South Africa’s 64-dish MeerKAT telescope have been lauded as examples of what can be achieved when African countries work together in the interests of science and technology. South African Science and Technology Minister Mmamoloko... 

MeerKAT telescope described as 'a quantum lead forward'
Photo by Dylan Slater
MeerKAT

CSIR, Sansa renew MoU to advance space research, tech development

By: Marleny Arnoldi     16th October 2018 The Council for Scientific and Industrial Research (CSIR) and the South African National Space Agency (Sansa) have renewed their memorandum of understanding (MoU). The first MoU between the organisations was signed in November 2013.  

CSIR, Sansa renew MoU to advance space research, tech development

Civil contractor confidence falls to historic low in Q3 – CIDB

By: Marleny Arnoldi     16th October 2018 The Construction Industry Development Board (CIDB) small and medium-sized enterprises (SME) business conditions survey has shown that civil contractor confidence fell by six index points to a historic low of 27 during the third quarter. Weakness in all the underlying indicators, especially... 

AfDB to provide €229m for Rwanda electricity programme

By: Marleny Arnoldi     16th October 2018 The Rwandan government has signed a €229.20-million funding agreement with the African Development Bank (AfDB) to support the country’s electricity supply improvement programme and expand access to electricity under the Scaling Up Electricity Access Program Phase II (SEAP II). This builds on... 

AfDB to provide €229m for Rwanda electricity programme
African Development Bank power, energy, climate change and green growth VP Amadou Hott

Attacq, Tricolt to launch first high-rise luxury apartments in Waterfall City

By: Simone Liedtke     16th October 2018 JSE-listed Attacq has partnered with property development company Tricolt to launch the first high-rise luxury apartments in Waterfall City, with the first phase of development set to be completed by 2021. The development is comprised of four towers – the Newton, Kepler, Da Vinci and Galileo... 

Attacq, Tricolt to launch first high-rise luxury apartments in Waterfall City
Artist's impression of the Ellipse Waterfall exterior

Brink Towing Systems SA secures additional export volumes

By: Irma Venter     16th October 2018 An unexpected surge in demand will see Brink Towing Systems South Africa (SA) in October and November export almost 10 000 additional units to its parent company, the Brink Group, in the Netherlands. Brink Towing Systems SA is the largest manufacturer of tow bars in the domestic market, and... 

Brink Towing Systems SA secures additional export volumes
The new Yaskawa robot at the Brink Towing Systems SA factory

EnviroServ returning to its roots following Shongweni malodour issue

By: Simone Liedtke     16th October 2018 After acknowledging that its KwaZulu-Natal-based Shongweni landfill was a contributor to malodour, waste management company EnviroServ has returned to its “old way of disposing of waste”, which comprises using lime to raise the alkalinity (pH) levels at its landfill sites. This decision,... 

EnviroServ returning to its roots following Shongweni malodour issue
Shongweni landfill, in KwaZulu-Natal.

Tower Property generates R396m in proceeds, property net income guidance remains unchanged

By: Simone Liedtke     16th October 2018 Real estate investment trust (Reit) Tower Property Fund (TPF) has generated proceeds of R396-million from asset management initiatives in the current financial year, which it will use as part of its total return strategy. The asset management initiatives included the sale of the Pick n Pay... 

Moody's ratings review of South Africa to come after next week's budget – Treasury

By: Reuters     16th October 2018 South Africa expects Moody's to release its ratings review after next week's medium term budget policy statement (MTBPS), Dondo Mogajane, the director general of the National Treasury said on Tuesday. Mogajane said he met Moody's representatives at an international financial conference in Bali... 

Mboweni slams KPMG over role in VBS scandal

By: African News Agency      16th October 2018 Finance Minister Tito Mboweni on Tuesday condemned auditing firm KPMG for signing off on the financial statements of failed VBS Mutual Bank even though, according to a South African Reserve Bank report, it was clear that it had a shortfall of about R1-billion. "When you have a big auditing firm... 

Mboweni slams KPMG over role in VBS scandal
Finance minister Tito Mboweni

Used oil industry offering significant job creation potential, says foundation

By: Simone Liedtke     16th October 2018 Although still relatively young in South Africa, the economic contribution to the country through job creation in the used oil sector is looking very promising, according to a study commissioned by the Recycling Oil Saves the Environment (Rose) Foundation. A survey commissioned by the foundation... 

Mboweni has received preliminary report on PIC 

By: African News Agency      16th October 2018 Finance Minister Tito Mboweni on Tuesday said he had received a preliminary report on the Public Investment Corporation (PIC), suggesting this would hasten the start date of an inquiry announced by President Cyril Ramaphosa in August. "A preliminary report on the PIC was given to me by the deputy... 

Mboweni has received preliminary report on PIC
President Cyril Ramaphosa & Finance Minister Tito Mboweni

Treasury says recession, falling revenue dent public finances

By: Reuters     16th October 2018 South Africa will struggle to finance the public services that form the largest part of its budget due to falling revenues and an economic recession, the National Treasury told lawmakers on Tuesday. Africa's most industrialised economy slipped into recession in the second quarter for the first... 

Messe München South Africa acquires Air Cargo India, Air Cargo Africa exhibitions

By: Simone Liedtke     16th October 2018 International exhibition organiser Messe München has bought the Air Cargo India and Air Cargo Africa exhibitions from Indian publishing house Stat Trade Times. Air Cargo Africa is the largest air cargo trade fair in Africa, attracting over 80 exhibitors and 2 000 visitors from across the continent.  

Global steel body hikes demand forecasts, but says risks remain

By: Reuters     16th October 2018 The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for growth in global demand for the material used in everything from cars to construction, but said that trade tensions were clouding the outlook for the sector. The caution over trade from a body that represents 85% of... 

Global steel body hikes demand forecasts, but says risks remain

CSIR seeks municipal partners for energy master plan pilot project 

By: Terence Creamer     16th October 2018 The Council for Scientific and Industrial Research (CSIR) aims to partner with a metropolitan council and a district municipality to compile pilot municipal energy master plans for electricity (MEMPs), which will provide the two councils with insight into the best electricity supply blends for... 

CSIR seeks municipal partners for energy master plan pilot project
CSIR Energy Centre head Dr Clinton Carter-Brown

Digital-enabled creativity, tech solutions and interaction at Italian innovation fair

By: Creamer Media Reporter      15th October 2018 The circular economy, robotics, artificial intelligence (AI) and space exploration were among the main topics that were showcased at this year’s Maker Faire Rome, which took place at the Rome Exhibition Centre in Rome, Italy, from October 12 to 15,  2018. The largest European innovation event –... 

Eskom executive for generation Thava Govender quits

By: African News Agency      15th October 2018 Eskom's group executive for generation, Thava Govender, on Monday tendered his resignation after assuming the position only in March this year, the power utility's spokesperson Khulu Phasiwe said. Govender, who was also acting group executive of risk and sustainability, has worked for Eskom for... 

ExecuJet welcomes first Pilatus PC-24 aircraft to its fleet 

By: Simone Liedtke     15th October 2018 Luxury aviation company ExecuJet on Monday welcomed the first Pilatus PC-24 aircraft in Africa to its premises at Lanseria International Airport, in Johannesburg. ExecuJet, which held a photo opportunity on Monday, is the first business aviation company in Africa to operate and manage a Pilatus... 

Aviation company ExecuJet on Monday welcomed the first Pilatus PC-24 in Africa, to its premises based at Lanseria International Airport, in Johannesburg. Simone Liedtke reports. Video filming and editing: Nicholas Boyd.

Entries for inaugural Factory of the Year competition to close on Oct 31 

By: Tasneem Bulbulia     15th October 2018 A.T. Kearney has extended the entry deadline for the inaugural South African Factory of the Year competition to October 31. The event is aimed at boosting competitiveness in the country’s ailing manufacturing sector. 

A.T Kearney manager Mark Saunders discusses the advantages of bringing its Factory of the Year competition to South Africa Video: Nicholas Boyd; Editing: Christo Greyling.

CER attorneys to address MPs on new coal in the IRP

By: Creamer Media Reporter      15th October 2018 Attorneys from the Centre for Environmental Rights (CER) plan to, on Tuesday, tell Members of Parliament (MPs) that an Integrated Resource Plan for Electricity (IRP) that provides for expensive new coal-fired power, at a time when South Africa needs to be urgently transitioning away from... 

Farmers head to court to challenge policy on transfer of water rights

By: News24Wire      15th October 2018 West Coast farmers launched an urgent application in the Western Cape High Court on Monday concerning water rights, which may have far-reaching consequences for agriculture. At the heart of the case is whether it is lawful for irrigation boards to approve the transfer of water rights from one... 

Famous Brands sees R874m impairment as UK burger business struggles

By: Reuters     15th October 2018 South African fast-food chain owner Famous Brands, which owns Wimpy, Steers and Debonairs pizza said on Monday it will take a pre-tax impairment charge of R874-million, sending its shares down 7%. The company blamed the impairment on the difficult trading conditions and sustained underperformance... 

Why AB InBev may cut its generous dividend

By: Bloomberg     15th October 2018 Anheuser-Busch InBev is the most generous big food-and-beverage company in the world when it comes to paying cash out to shareholders. That largess could end as soon as next week. The reason? The Belgian beermaker is the most indebted company in the industry, in both absolute terms and relative... 

Bloodhound project faces financial crunch, seeks R475m

By: Irma Venter     15th October 2018 Bloodhound Programme, the UK company behind Project Bloodhound, the initiative to break the land-speed world record (currently at 1 227.98 km/h), has run into serious financial trouble. The company has entered into administration, with the appointment of Andrew Sheridan and Geoff Rowley, partners... 

Bloodhound project faces financial crunch, seeks R475m
The Bloodhound vehicle in 2017

Telcos embracing once-feared OTTs

By: Natasha Odendaal     15th October 2018 South Africa’s mobile operators are seemingly starting to embrace over-the-top (OTT) services, with offerings of OTT-related bundles with lower effective rates per megabyte of data, the Independent Communications Authority of South Africa’s (Icasa’s) latest tariff analysis report shows. The... 

Long4Life appoints CFO

By: Creamer Media Reporter      15th October 2018 JSE-listed Long4Life has appointed Mireille Levenstein CFO, effective November 1. She will succeed Peter Riskowitz, who is retiring on October 31. 

SA yet to achieve land reform in urban areas, says deputy minister

By: News24Wire      15th October 2018 There has not been any substantial land reform and restitution in urban areas in South Africa. So says Deputy Minister for Cooperative Governance and Traditional Affairs Andries Nel, who was speaking at the Planning Africa 2018 conference on Monday. 

SA yet to achieve land reform in urban areas, says deputy minister

Roman’s Pizza head office kitted out with solar PV plant

By: Marleny Arnoldi     15th October 2018 Fast food franchise Roman’s Pizza’s head office in Centurion, Gauteng, has installed a 137 kW grid-tied photovoltaic (PV) solar plant, which is one of several actions the company is implementing to help conserve the environment. Other green initiatives by Roman’s include eliminating plastic... 

Mondi proceeds with Slovakia kraft top white machine project, but costs rise

By: Marleny Arnoldi     15th October 2018 After receiving permitting approvals, global packaging and paper group Mondi will invest in a new 300 000 t/y kraft top white machine at its Ruzomberok factory, in Slovakia, with start-up expected towards the end of 2020. “This investment provides an exciting opportunity for Mondi to leverage... 

Prudent capital allocation keeps Balwin performing in H1 despite challenging climate

By: Marleny Arnoldi     15th October 2018 JSE-listed housing developer Balwin Properties handed over 1 058 residential units, which contributed to a 33% increase in revenue to R1.19-billion for the six months ended August 31. An average unit selling price of R1.12-million was achieved, compared with R1.2-million in the same period of... 

Prudent capital allocation keeps Balwin performing in H1 despite challenging climate
Balwin Properties CEO Steve Brookes

Numsa plastic sector workers to strike over wages

By: African News Agency      15th October 2018 Thousands of National Union of Metalworkers of South Africa are expected to strike in more than 450 companies in the plastic sector on Monday over wages and benefits, the union said. Numsa said these workers had, until 2016, enjoyed the same rights and benefits as those in engineering, but the... 

Renewable energy sector could provide jobs boost to SA

By: African News Agency      15th October 2018 The renewable energy sector could provide an unexpected but much-needed jobs boost to South Africa’s employment levels, as the sector continues to mature, solar enery company SOLA Future Energy said on Monday. SOLA Future Energy is the company that replaced Robben Island’s diesel-powered... 

Latest News  by  

more

Company Article

more

Latest Videos and Audio

ExecuJet welcomes first Pilatus PC-24 aircraft to its fleet

Entries for inaugural Factory of the Year competition to close on Oct 31

On-The-Air (12/10/2018)

Air Products launches centralised acetylene facility

Cape vulture provides inspiration for homegrown vertical-axis wind turbine

Divercity invests R2bn in Absa Towers, Jewel City redevelopments as part of inner city rejuvenation

Was the Job Summit just a talk shop?

On-The-Air (05/10/2018)

more

Manufacturing News

Capital Equipment

Chemicals & Pharmaceuticals

Clothing & Textiles

Food & Beverage

Foundries, Forges & Die-Casting

Furniture & Wood products

Hydraulics

Industrial Filters & Filtration

Instrumentation & Control

Manufacturing

Metals & Engineering

Paper, Plastics, Packaging, Printing

Pipes & Tubes

Pumps

Rubber

Valves

Welding & Cutting

Services News

Architecture

Business Process Outsourcing

Consulting Engineers

Corrosion Control

Education & Skills Development

Financial

Legal

Maintenance

Material Handling

Quality Assurance & Standards

Quantity Surveyors

Company Announcements

more

Research Reports

Projects

more

Press Office

more

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close