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Feb 28, 2015
Salani Sithole
International consulting engineering company Royal HaskoningDHV (RHDHV) has appointed Salani Sithole as South African MD, effective March 1. Sithole has been with the company for six years and, prior to joining RHDHV, held various positions in engineering consulting,...
Feb 27, 2015
The Gauteng Provincial Government has outlined plans to develop a handful of “mega” human settlements as part of an ambitious long-term housing development strategy aimed at narrowing the housing backlog, with plans afoot to replace informal settlements with...
Feb 27, 2015
Eskom power stations
While State-owned power utility Eskom was unable to cut off electricity supply to some of its neighbouring trade partners, it was able to reduce energy exports by 10% when load shedding was implemented locally. The Department of Public Enterprise explained that Eskom...
Feb 27, 2015
Finance Minister Nhlanhla Nene
While the new tax introductions and hiked levies outlined in Finance Minister Nhlanhla Nene’s inaugural budget speech this week were likely to hit consumers hard, it was deemed the most efficient option for government to narrow its fiscal gap without hurting South...
Feb 27, 2015
Energy Minister Tina Joemat-Pettersson
Greenpeace has filed papers in the High Court in Pretoria to try and compel Energy Minister Tina Joemat-Pettersson to update the country's nuclear liability regulations, it said on Friday. The fact that the South African government was pushing ahead with...
Feb 27, 2015
The Transnet National Ports Authority (TNPA) was committed to spending R17-billion on infrastructure upgrades at the Port of Durban by 2023. In a briefing on current projects that had begun or were about to get under way at the port, Port of Durban manager Moshe...
Feb 27, 2015
JSE-listed Reunert on Friday announced that its CFO Manuela Krog had resigned and that outgoing Afrox FD Nick Thomson had been appointed as CFO and FD. Krog, who resigned to spend more time with her family, would step down as CFO on March 31, but would continue to...
Feb 27, 2015
Through its climate investment fund (CIF), the African Development Bank (AfDB) now supports one regional and 25 national investment plans across Africa.
Feb 27, 2015
Feb 27, 2015
Feb 27, 2015
Feb 27, 2015
 
 
 
Feb 27, 2015
Daihatsu is set to cease distribution in South Africa. The range on sale domestically comprises the Sirion hatchback, Terios small sports-utility vehicle and Gran Max bakkie.
Feb 27, 2015
Foreign direct investment in South Africa this year is likely to scale down as a result of dampened investment appetite, exacerbated by a lack of policy certainty, South African-Germany Chamber of Commerce (SAGCC) CE Matthias Boddenberg told Engineering News Online....
Feb 27, 2015
No blackouts were scheduled for Friday, Eskom said. "The system is collectively stable at the moment with a medium to high possibility of load shedding. The reason being we still have not recovered some of the generating units down for maintenance," spokesperson...
Feb 27, 2015
This year, as well as 2016, present significantly difficult seasons for South Africa, as expected poor summer crops will impact negatively on the agriculture sector, with basic food products forecast to be “very expensive” for consumers. South Africa’s maize crop...
Feb 27, 2015
The local truck assembly industry does not fare as badly as widely perceived in terms of the local content on heavy vehicles produced in South Africa, says Daimler Trucks and Buses executive director Kobus van Zyl. Despite the fact that truck tractors are assembled...
Feb 27, 2015
Sleeping Swaziland
Celebrated international designers are collaborating with South African crafters and designers at Africa’s international design fair, GUILD, in Cape Town. The fair, currently on at the Victoria and Alfred Waterfront, is considered a fillip for South African...
Feb 27, 2015
In the marble atrium of the Mammy Yoko hotel in Freetown, manager Nuno Neves has spotted something he has not seen since the Ebola virus struck Sierra Leone nine months ago: foreign businessmen. The Radisson Blu chain opened the four-star hotel in April to cater for...
Feb 27, 2015
The US and five East African countries pledged on Thursday to ease trade flows and set the stage for more US investment, a program that could be extended to other parts of Africa. The agreement commits Tanzania, Kenya, Uganda, Rwanda and Burundi to cooperate with the...
Feb 27, 2015
More than a century following the invention of the automobile, the horseless carriage continues to evolve. Following an array of developments over the years, such as power steering, run-flat tyres, turbo engines, windscreen wipers, air conditioning, radio and music...
Feb 27, 2015
 
 
 
 
Feb 26, 2015
Steel producer Aquila Resources on Thursday instituted legal proceedings against the South African government in the Pretoria High Court to resolve an alleged overlapping prospecting right over its Avontuur manganese project, in the Northern Cape. The company said in...
Feb 26, 2015
Article contains comments
Finance Minister Nhlanhla Nene
Finance Minister Nhlanhla Nene says the process of selling off non-core state assets is at an advanced stage and that he cannot comment on the matter due to the market sensitivity. Briefing the Select Committee on Finance and Appropriations in Parliament on Thursday,...
Feb 26, 2015
With an extensive turnaround behind it, fleet management and vehicle tracking group DigiCore Holdings was cautiously optimistic as it entered the final stretch of the year still in the black. The JSE-listed group on Thursday said it would now focus on delivering...
Feb 26, 2015
Article contains comments
The South African National Roads Agency Limited (Sanral) on Thursday outlined the benefits of its proposed R5.3-billion De Beers Expressway, saying this would result in significant relief in congestion on the Van Reenen’s Pass route.
Feb 26, 2015
Clough CEO Kevin Gallagher
Engineering and construction group Murray & Roberts (M&R) has signalled its intention to accelerate the internationalisation of its Australia-based oil and gas unit, Clough – a strategy underpinned by a dramatic tapering off of greenfield liquefied natural gas (LNG)...
Feb 26, 2015
JSE-listed African Oxygen (Afrox) on Thursday reported a 62% drop in headline earnings a share to 36.2c for the year ended December 31, compared with 95.3c the year before, owing to lower earnings before interest, taxes, depreciation and amortisation (Ebitda) and a...
Feb 26, 2015
BMW South Africa (SA) faced three challenges in producing vehicles in South Africa, said MD Tim Abbott on Thursday. Speaking to Engineering News Online ahead of the function to celebrate the one-millionth 3 Series rolling off the assembly line at BMW’s Rosslyn plant,...
Feb 26, 2015
Feb 26, 2015
Feb 26, 2015
The World Bank is working with other development finance institutions to raise some $500-million to modernise weather and flood forecasting services in Africa. Daniel Kull, a disaster risk specialist with the World Bank, said it was talking to lenders, including the...
 
 
 
 
Feb 26, 2015
Article contains comments
Business and diplomatic travellers from South Africa's BRICS partners will receive port of entry visas into the country, Home Affairs Minister Malusi Gigaba said on Thursday. "I have approved the issuance of port of entry visas to BRICS business executives for up to...
Feb 26, 2015
The National Development Plan (NDP) will be the highlight of the first breakaway session of the inaugural Southern African Metals and Engineering Indaba, which will be held, in Johannesburg, on May 28 and 29.
Feb 26, 2015
Seifsa chief economist Henk Langenhoven
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is worried that some of the tax increases announced by Finance Minister Nhlanhla Nene in his budget speech on Wednesday, will negatively impact on the productive sectors of the South African...
Feb 26, 2015
The Agriculture Business Chamber (Agbiz) has welcomed the identified prioritisation of agriculture, following the 2015 Budget Speech by Finance Minister Nhlanhla Nene on Wednesday, but notes that his speech was “vague on what is meant by its support of agriculture”....
Feb 26, 2015
The Airports Company South Africa (ACSA) on Wednesday signed a memorandum of understanding (MoU) with German company Mitteldeutsche Airport Holding. The MoU was signed at the Air Cargo Africa 2015 conference, next to OR Tambo International Airport. "This has been two...
Feb 26, 2015
Article contains comments
Opposition parties in the Gauteng legislature took Premier David Makhura to task on Thursday for not scrapping the province's e-tolling system. Democratic Alliance MPL John Moodey said e-tolls had been a thorn in Makhura's side since he took office last year.
Feb 26, 2015
Article contains comments
Telecommunications giant MTN on Thursday showcased its video-on-demand (VoD) offering over its long-term evolution network, demonstrating the potential for consumers to use mobile broadband for the consumption of high-bandwidth media. Speaking at the group’s...
Feb 26, 2015
The Chamber of Mines (CoM) has lauded Finance Minister Nhlanhla Nene’s budget speech on Wednesday, stating that it prioritised the Mining Phakisa Lab, aimed at healthier cooperation between government and the mining industry to resolve constraints and hurdles that...
Feb 26, 2015
Development financier, the Eastern Cape Development Corporation (ECDC), has committed R850 000 towards a pilot project by Port Elizabeth-based Equipt Consulting to produce apparel from Angora rabbit fibre. During the pilot phase, 100 rabbits would be bred and...
Feb 26, 2015
Vikash Mathura
The Solar Water Heating Manufacturers Cluster of South Africa (SWHMancosa) was officially launched at the South Africa Capital Equipment Export Council (Saceec) office, in Benoni, on Wednesday. Chaired by Franke Water Heating Systems MD Vikash Mathura, the cluster...
 
 
 
 
Feb 26, 2015
Against a backdrop of falling oil prices, companies in the oil and gas industry are increasingly considering reducing their exploration activity and finding ways to cut costs, including through large-scale retrenchments. Advisory firm PwC Africa Oil and Gas leader...
Feb 26, 2015
South African retailer Massmart Holdings Ltd reported a 10.4% jump in full-year sales on Thursday as its consumer goods, liquor and home improvement supplies business posted better performance. Massmart, majority owned by Wal-Mart Stores Inc, however, said net...
Feb 26, 2015
M&R CEO Henry Laas
JSE-listed Murray & Roberts’ (M&R’s) order book decreased to R37.8-billion in the six months to December 31, compared with an order book of R44.9-billion as at December 2013. The group attributed the decrease in its order book to smaller and shorter-term contracts...
Feb 26, 2015
Eskom will implement stage two load shedding from 10am on Thursday, the power utility said. "We do not have enough generating units, we are forced to implement stage two of load shedding from 10am to 10pm," spokesperson Khulu Phasiwe said.
Feb 26, 2015
The land is being cleared and progress is being made at South Africa’s first industrial development zone (IDZ) to be developed exclusively for oil and gas services. The IDZ will be an oil and gas services complex in the Port of Saldanha Bay and is expected to be up...
 
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