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Jul 03, 2015
Real Economy News
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South Africa might face significant water stress and possible outright water scarcity within ten to fifteen years, unless its citizens adapt their behaviour with regard to efficient water use and sanitation systems. Significant work is being done to assess the...
IDC research and information head Jorge Maia
Foreign direct investment (FDI) flows to South Africa fell by over 31% last year to $5.72-billion, from $8.3-billion in 2013, the latest World Investment Report (WIR 2015) shows. The decline in what is known to be a volatile number, drawn from South African Reserve...

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NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
CARLOS RODRIGUEZ TORTOSA The R2-billion project will consist of 34 wind turbine generators, each with a 3 MW capacity
Wind project developer Gestamp Wind has been awarded a 102 MW wind project in Copperton, in the Northern Cape, with a 20-year power purchase agreement (PPA), as part of the Renewable Energy Independent Power Producer Programme (REIPPPP), with construction expected to...
Dutch construction services firm Heijmans announced in June that it will collaborate with Dutch start-up MX3D on the three-dimensional (3D) printing of a steel bridge, to be located in the centre of Amsterdam. The bridge will be designed by Dutch designer Joris...
The nascent South African renewable-energy unit of giant US electricity utility, NRG, is preparing to participate in the country’s upcoming ‘expedited’ bid window for the procurement of an additional 1 800 MW of renewables capacity. NRG Renew Africa CEO Grant...
Nonprofit organisation the Bench Marks Foundation released its ‘Policy Gap 10’ report last month, which examines mining company Kumba Iron Ore,  a business unit of Anglo American’s, efforts to maintain a social licence to operate. The report states that neither the...
The Goodyear Tyre & Rubber Company has reached an agreement with Yihai Food and Oil Industry, in China, for the supply of silica derived from rice husk ash. Goodyear will begin using the silica this year in a consumer tyre that will be manufactured in its factory in...
So, this guy phones me and says he is TT and can I come and have lunch with him; he wants to discuss a project. At lunch and he is a very nice guy from Europe and he indicates that he is involved in the construction of a ship and has a few electrical issues, among...
Minerals and energy resources will continue to play an important role in South Africa’s economy. It is what South Africa does that will determine its future. While we have substantial minerals strategic global value, such as platinum-group minerals, titanium, chrome...
This whole Banting diet issue has been very much in the news for a while now. It was all precipitated by Professor Tim Noakes coming out in favour of aspects of the diet.  It is somewhat entertaining to watch the whole thing unfold. We then had the Association for...
The International Trade Administration Commission of South Africa (Itac) informed on June 19  that, in accordance with the provisions of its antidumping regulations (ADR), any definitive antidumping duty would be terminated on a date not later than five years from...
Kim Alatna Schoepflin is MD of Joest Kwatani, previously Joest, is a leading original-equipment manufacturer that designs, manufactures and markets custom-designed vibratory equipment solutions in South Africa
Coffee cups and drinks bottles on display in the first class passenger bar aboard an Airbus SAS A380 aircraft, operated by Qatar Airways. The aircraft and its amenities were showcased at last month’s fifty-first International Paris Air Show, in France. The show is...
Electrical cable securing, connecting, routing, protecting, terminating, identification and test equipment solutions supplier HellermannTyton South Africa develops, manufactures, markets and sells products that meet a diverse range of industries’ needs, helping...
Whether justified or not, the trend of suspending State-owned company (SoC) executives is nevertheless unsettling. The latest SoC afflicted is embattled oil company PetroSA, where it was finally confirmed that CEO Nosizwe Nokwe-Macamo and CFO Lindiwe Bakoro had been...
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