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ABB opens traction transformer factory

18th May 2017 The Global CEO of technology group ABB, Ulrich Spiesshofer, was in South Africa this month to officially open the company’s latest manufacturing investment in the country – a state-of-the-art traction transformer factory in eastern Johannesburg. 

ABB clinches $30m contract to upgrade DRC electricity link

4th May 2017 Automation technology company ABB has been contracted by the Democratic Republic of the Congo’s (DRC’s) national electricity company Société nationale d'électricité (SNEL) to partially upgrade its Inga-Kolwezi high-voltage direct current (HVDC) power transmission link. The $30-million contract... 

ABB responds to South Africa’s rail localisation demand with traction transformer investment

3rd May 2017 Technology multinational ABB has responded to South Africa’s tightened local-content requirements in the railways sector by opening a new state-of-the-art traction transformer factory in eastern Johannesburg. Traction transformers direct power, at safe voltages, to support train functions such as... 

Leadership and inclusive growth to take centre stage at WEF on Africa

28th April 2017 Africa’s drive to generate inclusive economic growth and the leadership this requires will be the focus of the twenty-seventh World Economic Forum on Africa, taking place in Durban, South Africa, from May 3 to 5. The 27th World Economic Forum on Africa will convene over 1,000 leaders from more... 
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Group Five appoints Mosai as CEO

JSE-listed construction company Group Five has appointed Themba Mosai, who has been acting CEO of the group since March, as CEO, effective immediately. He takes over the reins from Eric Vemer, who moved on to new opportunities. 

DTI refuses to release list of black industrialist scheme beneficiaries for fear they will be ‘harassed’

Trade and Industry Minister Dr Rob Davies showcased four recipients of government’s flagship Black Industrialist programme (BIP) during his Budget Vote on Tuesday, but astonishingly refused to release the names of all 46 recipients of the non-refundable government grants and concessional loans.... 
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