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Sasol review may result in sale or closure of assets, but no ‘fire sale’ 

By: Terence Creamer     21st August 2017 Chemicals and energy group Sasol has announced that an asset-review process is under way that could result in the sale, closure or growth of certain assets. However, the JSE-listed company has also stressed that there will be no “fire sale”. Joint president and CEO Bongani Nqwababa reports that... 

Sasol review may result in sale or closure of assets, but no ‘fire sale’
Sasol joint president and CEO Bongani Nqwababa speaks to Terence Creamer about the group's results, asset review, tax shock and strategic outlook. Camera Work & Editing: Nicholas Boyd & Duane Daws. Recorded: 21.8.2017

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn 

By: Terence Creamer     21st August 2017 JSE-listed energy and chemicals group Sasol will approach the Supreme Court of Appeal (SCA) to resolve a tax dispute with the South African Revenue Service (Sars), which has slapped it with assessments for outstanding tax liabilities and penalties worth R12.8-billion. The company made a... 

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn
Sasol CFO Paul Victor on the group's tax dispute with the South African Revenue Service. Camera Work & Editing: Nicholas Boyd. Recorded: 21.8.2017

Act revised to apply tariffs on imported products 

By: Victor Moolman     18th August 2017 Earlier this year, the Preferential Procurement Policy Framework Act (PPPFA) was adapted to include designation of domestic steel, wire and other industry products, and although it came into effect in April, the South African Wire Association (SAWA) says it is too soon for the steel construction... 

Act revised to  apply tariffs on imported products
SAWA director Keith Campbell explains what the effect of the Preferential Procurement Policy Framework Act will be on the industry. Video and Editing: Nicholas Boyd.

Diverse assets for infrastructure in demand 

By: Marleny Arnoldi     18th August 2017 In the commercial and industrial property development space, as well as its supporting infrastructure, there is demand for high-quality, diverse assets with strategic locations and offering optimal planning and design, says consultancy firm WSP.  

Diverse assets for  infrastructure in demand
WSP property team and structures regional director William Johnston discusses the demand for diverse assets in the infrastructure industry.

Think-tank hands over title deeds to residents of Western Cape town  

By: Ilan Solomons     11th August 2017 Think tank the Free Market Foundation’s (FMF’s) Khaya Lam land reform project last month handed over the latest batch of title deeds to residents in the town of Grabouw, in the Western Cape, thereby taking the project’s total title deed handover tally to 1 360. Khaya Lam project manager Perry... 

Think-tank hands over title deeds to residents of Western Cape town
Khaya Lam Land Reform project manager Perry Feldman discusses the Free Market Foundation’s project.

IDC reports strong rise in support for black industrialists as disbursements fall  

By: Terence Creamer     31st July 2017 South Africa’s Industrial Development Corporation (IDC) has announced that its funding approvals have increased to a record R15.3-billion in 2017, but also confirmed that it would not meet a five-year target, set in 2015, of R100-billion in approvals by 2020. Presenting the financials in... 

IDC reports strong rise in support for black industrialists as disbursements fall
Economic Development Minister Ebrahim Patel on plans to equip the IDC to approve at a level of R20-billion a year. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017

Restructuring of Scaw into three standalone entities at an advanced stage 

By: Terence Creamer     31st July 2017 South Africa’s State-owned Industrial Development Corporation (IDC) announced on Monday that the restructuring of its steel subsidiary Scaw Metals into three standalone entities was at an advanced stage, as were plans to secure strategic equity partners (SEPs) for each of the units. Speaking at... 

Restructuring of Scaw into three standalone entities at an advanced stage
IDC CEO Geoffrey Qhena on the envisioned end-State for Scaw Metals. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017

Names of all IDC clients, including politically exposed people, now being made public 

By: Terence Creamer     31st July 2017 The Industrial Development Corporation (IDC) has officially started to publish, on its website, the identities of all of its clients, including those officially identified as politically exposed people (PEPs). This disclosure affects all of the State-owned development finance institution’s... 

Names of all IDC clients, including politically exposed people, now being made public
Economic Development Minister Ebrahim Patel on why the IDC will, from know on, be disclosing the identities of its clients. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017.

Automotive future positive through telematics 

By: Victor Moolman     28th July 2017 The future for automotive fleet management through telematics is positive, says JSE-listed fleet management, insurance telematics and stolen vehicle recovery service provider Cartrack. 

Automotive future positive through telematics
Cartack South Africa CEO Andre Ittmann explains how the systems work and what the benefits are. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Bearings, power transmission giant moves to 5 000 m2 site  

By: Mia Breytenbach     28th July 2017 As part of its business strategy to re-engineer and optimise global operations, bearings and mechanical power transmission solutions provider Timken has opened a new facility in Gauteng. The facility spans almost 5,000 m2 and is home to Timken South Africa’s bearing repair and assembly... 

Bearings, power transmission giant moves to 5 000 m2 site
Timken South Africa MD Kevin Holloway and Timken Middle East, Africa and Turkey MD Sudesh Kumar discuss the advantages and strategic importance of Timken’s new facility. Camerawork: Nicholas Boyd. Editing: Lionel da Silva.

Freight of components can be tracked  

By: Victor Moolman     28th July 2017 To help control import costs and combat the volatile rand, import and working capital specialists Investec Import Solutions’ online client portal BlueLink, offers a complete end-to-end view of your entire import transaction on one platform from order placement through to delivery. 

Freight of components can be tracked
Investec Import Solutions head of corporate accounts Dr Greg Cline explains how the import industry is changing. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Local company to supply wheel assemblies for new BMW X3  

By: Victor Moolman     28th July 2017 Wheel assembly solution provider Wheel Assemblers will supply tyre and rim assemblies for the new X3 (G01) model from German vehicle manufacturer BMW South Africa (SA) to be built in Rosslyn, Pretoria. 

Local company to supply wheel assemblies for new BMW X3
Wheel Assemblers marketing and finance director Dr Johan-Paul Olivier explains how the company will be supplying wheel assemblies for the BMW X3 vehicle. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Spread of counterfeit goods eased through social media  

By: Victor Moolman     28th July 2017 However, he points out that while counterfeiting takes place in these informal markets, the firm has also seen reputable motor parts dealers selling counterfeit goods alongside original-equipment manufacturer (OEM) parts, which is why some OEMs have appointed regulated parts dealers. 

Spread of counterfeit goods eased through social media
Spoor & Fisher partner Paul Ramara explains the dangers and impact of counterfeits. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Technology, digital solutions part of Botswana firm’s microfinance arsenal as it expands across Africa 

By: David Oliveira     28th July 2017 Botswana-based microfinance company Letshego Holdings, which operates in 11 African countries, aims to use technology and digital solutions to affect economic redress in Africa and provide financial inclusion for the continent’s most underserved markets. Letshego MD Chris Low explains that the... 

Technology, digital solutions part of Botswana firm’s  microfinance arsenal as it expands across Africa
Letshego Holdings MD Chris Low discusses the impact of digital technology on improving financial inclusion for Africa’s underserved. Camerawork and Editing: Darlene Creamer.

Training facility to improve skills deficit in artisan industry 

By: Simone Liedtke     28th July 2017 Industrial rope access specialist Skyriders Access Specialists aims to bridge the rope access skills deficit in the artisan industry through offering training at its Midrand-based facility, states Skyriders marketing manager Mike Zinn. 

Training facility to  improve skills deficit  in artisan industry
Skyriders marketing manager Mike Zinn gives a tour of their training facility, in Midrand. Camerawork and Editing: Nicholas Boyd.

Vehicle industry benefits from process range 

By: Victor Moolman     28th July 2017 Since it obtained its licence from heat treating and manufacturing services company Nitrex in Canada, heat treatment specialist P.H. Heat Treatment provides the automotive industry with controlled nitriding and ferritic nitrocarburising processes for automotive components, which form part of the... 

Vehicle industry benefits from process range
P.H. Heat Treatment managing member Cecil B. Zlotnick explains how heat treatment is done to automotive components. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Eskom tariffs in AMSA’s action plan crosshairs as losses spike  

By: Terence Creamer     27th July 2017 Steel producer ArcelorMittal South Africa (AMSA) will approach the National Energy Regulator of South Africa (Nersa) directly with a request for discounted electricity tariffs as part of a multi-pronged business sustainability action plan unveiled after the JSE-listed group slumped to a... 

Eskom tariffs in AMSA’s action plan crosshairs as losses spike
AMSA CEO Wim de Klerk on seeking a new electricity tariff deal from Eskom and Nersa. Camera Work & Editing: Darlene Creamer. Recorded: 27.7.2017

Conservative streak prevailed at ANC policy conference  

By: Aubrey Matshiqi     21st July 2017 At the end of the policy conference of the African National Congress (ANC), President Jacob Zuma declared that the ruling party was more united than it had been when the conference began. In the process of delivering his closing address, he proposed that the loser in the race for the presidency... 

Conservative streak prevailed at ANC policy conference
Aubrey Matshiqi discusses Conservative streak prevailed at ANC policy conference. (Camera & editing: Nicholas Boyd)

Mobile solution launched to great effect  

By: Tasneem Bulbulia     21st July 2017 Specialist business and project management consultancy SSG Consulting has introduced its newly developed mobile application (app) for its KEY360 management software. The app was showcased at the Mobile App Launch breakfast in May at the Johannesburg Country Club. 

Mobile solution launched to great effect
SSG Consulting CEO Steven Golding discusses the KEY360 system. Camerawork and Editing: Nicholas Boyd.

‘Durban’s best kept secret’ honoured for technical excellence  

By: Robyn Wilkinson     21st July 2017 Engineering and project management consultancy Royal HaskoningDHV South Africa was awarded the South African Institution of Civil Engineering (SAICE) Durban branch’s prestigious technical excellence award last month for the design and construction of Main Road 577 (MR577), with SAICE calling it... 

‘Durban’s best kept  secret’ honoured for  technical excellence
Royal HaskoningDHV South Africa provide an overview of the MR577. Video courtesy: RoyalHaskoningDHV

Mercedes-Benz seeks ‘fair share’ of growing bakkie market with new X-Class 

By: Irma Venter     20th July 2017 With a new-bakkie market of roughly 110 000 units a year, Mercedes-Benz South Africa (MBSA) would like to secure its “fair share” of this lucrative, “but highly competitive” segment with the launch of the new X-Class in the local market in the first half of next year, says Mercedes-Benz Vans... 

Mercedes-Benz seeks ‘fair share’ of growing bakkie market with new X-Class
A preview of the new X-Class, to be launched in South Africa in 2018

State capture casts long shadow over Eskom’s results  

By: Terence Creamer     19th July 2017 South Africa’s worst kept corporate secret was confirmed on Wednesday, when Eskom reported a sharp fall in after-tax profits to R888-million in 2017, from over R5-billion in the previous financial year. However, the results were overshadowed by serious allegations of corruption and... 

State capture casts long shadow over Eskom’s results
Interim Eskom CEO Johnny Dladla on his first 21 days and his main priorities for the embattled utility. Camera Work & Editing: Darlene Creamer. Recorded: 19.7.2017

Need for accurate designs of dosing systems 

By: Simone Liedtke     7th July 2017 The designs for dosing systems in the gas and fumes industries have to be accurate to ensure safety, says chemical dosing and pumping applications supplier Packaged Metering and Pumping Solutions (PMPS) technical director David O’Neill. 

Need for accurate designs of dosing systems
Packaged Metering and Pumping Solutions’ David O’Neill talks about the company’s strategies with regards to the fracking process. Camerawork and Editing: Nicholas Boyd.

Agri SA says will not support fracking as set out under current legislation  

By: Anine Kilian     5th July 2017 Agricultural industry association Agri SA says it cannot support government’s continued pursuit of hydraulic fracturing (fracking). Addressing media at a briefing in Centurion, on Wednesday, Agri SA president Johannes Möller said there were still uncertainties with respect to water supply and... 

Agri SA says will not support fracking as set out under current legislation
Agri SA President Johannes Moller talks to Engineeirng News Online about fracking

Agriculture sector needs to take a more futuristic approach for survival in a digital world 

By: Natasha Odendaal     4th July 2017 Technology has the potential to change the future landscape of the agriculture sector if used effectively and if participants are willing to “think bigger”, FutureWorld futurist and entrepreneur Craig Wing said on Tuesday. With ever-changing technologies in the fourth industrial revolution, it is... 

Agriculture sector needs to take a more futuristic approach for survival in a digital world
FutureWorld futurist Craig Wing discusses how technology can benefit the agriculture sector. Video and editing: Nicholas Boyd.

New exchange optimistic of August listing breakthrough 

By: Natasha Odendaal     3rd July 2017 4 Africa Exchange (4AX) has secured a healthy pipeline of potential listings, cross-cutting industries such as agriculture, information technology and tourism and hospitality, besides others, with the first listing scheduled for the end of August or the first week of September. Of about 40... 

New exchange optimistic of August listing breakthrough
4 Africa Exchange CEO Fay Mukaddam discusses the debut of South Africa’s new stock exchange. Date recorded: 3.07.2017. Camerawork: Nicholas Boyd and videoediting: Lionel da Silva.

Transnet insists bond appetite remains as it again lowers capex forecast 

By: Terence Creamer     3rd July 2017 State-owned logistics group Transnet has sought to refute reports that demand for its bonds had collapsed following the recent downgrades to South Africa’s credit rating, insisting that appetite for its bonds remains strong both domestically and internationally. CFO Garry Pita said the reports... 

Transnet insists bond appetite remains as it again lowers capex forecast
Transnet CFO Garry Pita on continued appetite for the group's bonds. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 3.7.2017

Transnet appoints Werksmans to probe locomotive corruption claims  

By: Terence Creamer     3rd July 2017 State-owned freight logistics utility Transnet reports that Werksmans Attorneys has been appointed to oversee a board-level probe into allegations of corruption relating to its purchase of locomotives from China South Rail (CSR). Opposition party the Economic Freedom Fighters (EFF) recently laid... 

Transnet appoints Werksmans to probe locomotive corruption claims
Transnet CEO Siyabonga Gama outlines nature of board-led probe into locomotive corruption allegations. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 3.7.2017

Hudaco maintains resilience amid tough economic environment 

By: Mia Breytenbach     30th June 2017 Despite a difficult economic and trading environment, JSE-listed industrial products provider Hudaco remains cash-generative, with operations having generated net cash of R247-million for the six months to May 31. Speaking at a presentation of the group’s results on Friday, CEO Graham Dunford... 

Hudaco maintains resilience amid tough economic environment
Industrial products provider Hudaco CEO Graham Dunford discusses the group's results for the six months ended May 31, and provides an outlook for the second half of the year. Video and editing: Nicholas Boyd

AEP debuts on JSE’s AltX 

By: Natasha Odendaal     30th June 2017 The debut of black-empowered clean energy group AEP Energy Africa on JSE’s AltX marks the start of new beginnings for the company which is aiming to become “Africa’s clean energy champion”. Speaking to Engineering News Online post the listing celebrations, AEP COO Nkosi Gugushe boasted about the... 

AEP debuts on JSE’s AltX
AEP COO Nkosi Gugushe discusses the listing of AEP and its ambitions for the future. Date recorded: 30.06.2016. Camerawork: Nicholas Boyd. Video Editing: Lionel da Silva.

Company brings consulting engineering into digital age  

By: Robyn Wilkinson     30th June 2017 With advanced technologies replacing pen-and-paper approaches across all industries, engineering and project management consultancy Royal HaskoningDHV South Africa MD Salani Sithole stresses that consulting engineering companies must find ways to embrace the era of digitalisation in their... 

Company brings consulting engineering into digital age
Royal HaskoningDHV South Africa MD Salani Sithole discusses the influence of digitalisation in the consulting engineering sector. Camerawork and Editing: Darlene Creamer.

Ekurhuleni to invest R2.2bn in energy infrastructure  

By: Anine Kilian     28th June 2017 The city of Ekurhuleni has committed R2.2-billion to invest in energy infrastructure over the next three years. “Ekurhuleni is pursuing a renewable energy strategy that will generate 10 MW of energy by 2021 as part of its local strategy to ensure energy stability in the region, without completely... 

Ekurhuleni to invest R2.2bn in energy infrastructure
Ekurhuleni mayor Mzwandile Masina talks about government's efforts to reduce poverty and inequailty. Video: Nicholas Boyd; Editing: Lionel da Silva.

Volvo Trucks expands self-driving vehicle tests to sugar cane farms 

By: Irma Venter     27th June 2017 Volvo Trucks is testing a self-steering truck for use in the sugar cane industry. This follows autonomous refuse collection trials in Gothenburg, Sweden, as well as self-steering vehicle tests at the Kristineberg mine, in northern Sweden.   Volvo Trucks believes its newest self-steering truck can... 

Volvo Trucks expands self-driving vehicle tests to sugar cane farms
The Volvo self-driving truck at work in a Brazilian sugar cane field

Indaba critical for policy engagement 

By: Nica Schreuder     23rd June 2017 With the policy environment changing as a result of global and local competition, consulting firm Cova Advisory believes that this year’s Manufacturing Indaba can play a significant role to assist industry in staying abreast of the changes. Cova Advisory has been a sponsor of the Manufacturing... 

Indaba critical for  policy engagement
Cova Advisory joint MD Duane Newman discuss why the Manufacturing Indaba is important for the manufacturing industry. Video Cameraperson: Nicholas Boyd. Editing: Lionel da Silva

Economic growth ‘well below’ govt expectations, says Cesa survey  

By: Anine Kilian     21st June 2017 Barely missing a recession, South Africa saw its slowest economic growth rate in 2016 since the 2009 recession, when economic growth contracted, according to Consulting Engineers South Africa’s (Cesa’s) Biannual Economic and Capacity Survey for July to December. Taking the first quarter of 2017... 

Economic growth ‘well below’ govt expectations, says Cesa survey
Economist Elsie Snyman talks to Engineering News Online about the latest Cesa survey

Ramaphosa moves to reclaim ‘radical economic transformation’ from those 'misusing' term  

By: Terence Creamer     21st June 2017 Deputy President Cyril Ramaphosa has moved, just days before the convening of the African National Congress’s (ANC’s) policy conference, to reclaim the phrase ‘radical economic transformation’ from those who he said were misusing and misrepresenting it as part of a paid-for “publicity offensive”.... 

Ramaphosa moves to reclaim ‘radical economic transformation’ from those 'misusing' term
Deputy President Cyril Ramaphosa on the genesis and meaning of the phrase ‘radical economic transformation’. Camera Work & Editing. Darlene Creamer. Recorded: 20.6.17

Govt, miners need to 'go back to drawing board' on Charter – Ramaphosa  

By: Terence Creamer     20th June 2017 Deputy President Cyril Ramaphosa says government and the mining industry need to "go back to the drawing board" to recraft the Mining Charter, following the recent Gazetting of a third version that has caused deep consternation within the industry and precipitated a major sell-off in South... 

Govt, miners need to 'go back to drawing board' on Charter – Ramaphosa
Deputy President Cyril Ramaphosa on returning to the Mining Charter drawing board. Camera Work and Editing: Darlene Creamer 20.6.2017

Demand for welders decreases as power stations near completion 

By: Victor Moolman     16th June 2017 Owing to major projects, such as the Medupi and Kusile power stations, nearing completion, the South African Institute of Welding (SAIW) says fewer welders have enrolled for its training courses in the past year. 

Demand for welders decreases as power stations near completion
SAIW executive director Sean Blake explains the challenges and future of welding in South Africa. Camerawork: Victor Moolman. Editing: Lionel da Silva.
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