R/€ = 16.18 Change: -0.01
R/$ = 14.22 Change: -0.01
Au 1308.91 $/oz Change: -9.86
Pt 857.50 $/oz Change: -11.64


KSB expands its aftermarket services

22nd March 2019 Local pump manufacturer KSB Pumps and Valves is intensifying its focus on aftermarket services that add value to customer operations far beyond the supply and maintenance of its own products, under the umbrella of the SupremeServ division. SupremeServ division manager Grant Glennistor says in the... 

SARB likely to hold rates on March 28

By: Reuters     20th March 2019 The South African Reserve Bank (SARB) is expected to leave interest rates unchanged next week, and with a weak currency threatening to stoke inflation, it probably won't cut rates this year, a Reuters poll showed on Wednesday. Inflation in Africa's most industrialized economy is currently below... 

Public-Private Growth Initiative identifies 18 ‘priority projects’ to unlock growth 

By: Terence Creamer     18th March 2019 The Public-Private Growth Initiative (PPGI), an evolving sector-based collaboration between government and business, has earmarked 18 projects across various sectors of the South African economy for priority implementation in the coming months. Minister in the Presidency Dr Nkosazana Dlamini-Zuma... 

The BioCycle aims to turn human waste into lubricants, biodiesel 

By: Irma Venter     18th March 2019 The BioCycle plans to have completed the design of its first South African commercial scale facility by the end of 2020, to be followed by a global rollout of the technology, says MultiCycle director Marc Lewis. The BioCycle aims to develop commercially viable and scalable processes for the... 

Agribusiness confidence index rises to 46 in the first quarter

By: Marleny Arnoldi     18th March 2019 The Agbiz/Industrial Development Corporation (IDC) Agribusiness Confidence Index has improved by four points to 46 in the first quarter of this year. This follows a decline in the last quarter of 2018 to 42, which was the index’s lowest level since 2009.  

Convicted fraudster seeks to stop parliamentary processes aimed at removing him as Icasa chair

By: News24Wire      18th March 2019 Fraud and money-laundering convict Rubben Mohlaloga will not only be fighting to stay out of prison but to also remain chairperson of the Independent Communications Authority of South Africa (Icasa). Sentenced to 20 years imprisonment last month but currently on bail pending an appeal of his... 

World Water Day on 22 March: “Leaving no one behind”

15th March 2019 Water a key focus at African Utility Week and POWERGEN Africa in Cape Town in May A Cape Town bottling plant has managed to reduce its waste water by over 60%, saving more than 90 million litres of municipal water since January 2017. The Epping-based The Beverage Company produces over 1.5... 

SA farmers turning to technology to boost yields and financial resilience

By: Marleny Arnoldi     15th March 2019 Amid a challenging economic climate in South Africa, as well as prevailing drought in some provinces, emerging and commercial farmers have become price-conscious and focused on optimising operations to remain competitive, says Afgri Equipment branch manager Riaan Muller. Industry body Agri SA’s... 

Phase 1 of MC Mining’s Makhado project approved 

By: Simone Liedtke     14th March 2019 ASX-, Aim- and JSE-listed MC Mining’s directors have approved the phased development of the company’s flagship Makhado coking coal project, which will result in the start of mining operations on the west pit. Construction of Phase 1 is set to start in the third quarter of this year. 

South Africa sugar tax to cut industry revenues, prompt reform – USDA

By: Reuters     14th March 2019 South Africa's sugar tax could slash industry revenues and prompt restructuring of the country's sugar sector, the US Department of Agriculture (USDA) said in a report published on Wednesday. The tax, introduced last April, has slashed the beverage sector's use of sugar by 30%, the USDA attache... 

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