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Executive pay under scrutiny in Deloitte report

By: Anine Kilian     26th June 2017 With the growing inequality between organisations’ top brass and their general workforce under intense scrutiny, consulting and advisory firm Deloitte has found that increases to CEOs’ guaranteed pay over the last five increase periods have exceeded inflation by a considerable margin,  with... 

Old dame receives her makeover

     26th June 2017 The old South African Police Service (SAPS) storage facilities in Cape Town, Western Cape, have undergone important upgrades that have given them a completely new lease on life. This extensive overhaul was driven by the South African Department of Public Works (DPW), which nominated JG Afrika as... 

If Koko returns, it won’t be as acting CEO, Brown avers, as she unveils interim board

By: Terence Creamer     23rd June 2017 Public Enterprises Minister Lynne Brown has called on the new interim leadership of embattled power utility Eskom to give priority attention to addressing the management of contracts, conflicts of interest and the quality of coal being supplied to its power stations. Speaking following the Eskom... 

‘Stifling legislation’ preventing SA drones industry from gaining altitude

By: Dylan Slater     23rd June 2017 Drones, or remotely piloted aircraft systems (RPAS), have the potential to benefit numerous industries and could have contributed billions of rands this year, had it not been for what a newly released report implies as the stifling legislative and regulatory environment for unmanned aerial... 

Burdekin Falls dam hydroelectric power project, Australia

By: Sheila Barradas     23rd June 2017 The Queensland government plans to develop a business case for a hydroelectric power station on the Burdekin Falls dam to secure energy and support jobs for North Queensland. 

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... 

Joint venture to boost localisation and skills development

By: Nadine James     23rd June 2017 STEAG EOH Energy Services, a strategic joint venture (JV) – formed in February by JSE-listed technology solutions provider EOH and German energy group STEAG Energy Services – has been actively pursuing opportunities in the local energy market, while identifying areas for localisation and skills... 

‘Stifling legislation’ preventing SA drones industry from gaining altitude 

By: Dylan Slater     23rd June 2017 The drones industry in South Africa has the potential to benefit numerous industries, potentially contributing just under R7-billion this year alone, according to economist Dr Roeloef Botha.  

Golden Saint recovers 14 diamonds from Tongo

By: Megan van Wyngaardt     22nd June 2017 West Africa-focused diamond and gold exploration company Golden Saint has recovered 14 diamonds, weighing a total of 10.46 ct, from its Tongo licence, in Sierra Leone. The diamonds range from 0.25 ct to 2.15 ct apiece, while some 23.62 g of alluvial gold was also recovered from the gravels treated. 

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... 

SKF Enlight Centre redefines machine condition monitoring for the maritime sector

     21st June 2017 SKF launches Enlight Centre, a next-generation Internet-enabled condition-based maintenance (CBM) and condition monitoring (CM) system designed for the global marine industry. SKF Enlight Centre is a first-of-its-kind, asset based (as opposed to measurement focused) machine health monitoring... 

SA Vinyls Association Hosts Successful Vinyls Sa 2017 Conference

     21st June 2017 The Southern African Vinyls Association (SAVA) hosted a successful Vinyls SA Conference at the Hilton Hotel in Sandton last week.  Delegates representing the leaders of the local PVC industry, the media and other interested parties attended the presentations by international and local experts... 

Australian miners lag on innovation and technology – report

By: Esmarie Swanepoel     20th June 2017 A report by global consulting firm VCI has warned that the Australian resources sector is falling short on innovation and technology strategy. VCI’s State of Play report surveyed over 800 leaders from 321 companies in the global mining industry and uncovered that, while 66% of Australian mining... 

EQT to create biggest US natgas producer with $6.7bn Rice deal

By: Reuters     20th June 2017 EQT Corp was set to leapfrog Exxon Mobil as the largest US natural gas producer after saying on Monday it agreed to a deal to buy fellow Appalachian gas and oil firm Rice Energy for $6.7-billion. The tie-up would join two of the largest players in the Marcellus and Utica Shale formations, which... 

GladAfrica Group – Innovation: Key to advancing the property sector

     19th June 2017 GladAfrica Group – Innovation: Key to advancing the property sector GladAfrica Group is a proud sponsor of the SAPOA Annual Convention and Property Exhibition for the years 2017. As a multidisciplinary built environment consultancy that is committed to innovation, GladAfrica Group is excited to... 

Chinese production, capacity cuts needed to rebalance aluminium market

By: Henry Lazenby     17th June 2017 New analysis by Bank of America Merrill Lynch’s (BofAML’s) Global Commodity Research team sees no alternative but for China to cut back production (temporary) and capacity (permanent) to rebalance the global market. While aluminium has been the best performing base metal since the start of the... 

Lesotho Highlands Water Project (LHWP) – Phase II, Lesotho and South Africa

By: Sheila Barradas     16th June 2017 The Lesotjo Highlands Water Commission has embarked on a countrywide roadshow to update the construction industry and other stakeholders on the implementation of the project. 

Local airline announces new routes after public survey

By: Keith Campbell     16th June 2017 South African low cost carrier FlySafair announced at the beginning of the month that it was launching new routes on its network. These will be between Durban and East London and Durban and Port Elizabeth. The new routes will be in operation by the end of November. The decision to implement these... 

Muzizi hydroelectric project, Uganda

By: Sheila Barradas     16th June 2017 The Uganda Ministry of Energy and Mineral Development plans to build a 44.7 MW hydroelectric facility along the Muzizi river. 

Regulation changes for chemicals industry next year

By: Marleny Arnoldi     16th June 2017 Major Hazard Installation (MHI) regulations for hazardous chemical and petrochemical industries – which fall under the Occupational Health and Safety Act (OHSA) – are under review to align them with international standards.  

World enters an era of 'geopolitical recession'

By: Natasha Odendaal     15th June 2017 The world has entered into its first year of "geopolitical recession" since World War Two, where there is a total downturn in politicians being able to deliver to a global scale, resulting in what has been dubbed a G-Zero – a world without leadership and a world characterised by a “growing vacuum... 

Multidisciplinary Engineering From Arup On Park Square Project

     15th June 2017 Arup has been appointed to supply multidisciplinary engineering services to the iconic mixed-use office and retail development, Park Square situated in the heart of Umhlanga New Town Centre, north of Durban, Kwa-Zulu Natal.  The project is being developed by Nedport Developments (Pty) Ltd, a... 

ISS, Glass Lewis approve restructuring at Brazil's Vale – source

By: Reuters     15th June 2017 Consulting firms ISS and Glass Lewis have given a nod of approval to a restructuring plan for Brazilian miner Vale, boosting the chances of shareholder approval, a source said on Wednesday. The corporate restructuring process, announced on February 20, seeks to strengthen the company's... 

Steel industry needs to pull together to fight import risks 

By: Anine Kilian     14th June 2017 In light of the recently implemented safeguard duty on hot-rolled steel, continued collaboration among stakeholders is necessary to protect the steel industry against the influx of steel imports, said consulting firm XA International Trade Advisors director Donald Mackay on Tuesday. Speaking at a... 

Brainworks seeks JSE listing to strengthen liquidity

By: Megan van Wyngaardt     13th June 2017 Mauritius-based holding company Brainworks, which has a diversified Zimbabwe-based investment portfolio, has made a submission to the JSE to list on its main board. The company, established in 2011, aims to be listed by the end of July. 

Incledon to unveil latest brand offerings at 81st IMESA conference 2017

     13th June 2017 Leading quality fluid conveyance solutions provider Incledon will exhibit at the 81st IMESA conference from 25 to 27 October at Emperors Palace in Johannesburg, Gauteng. Endorsed by the South African Local Government Association (SALGA), the Institute of Municipal Engineering of Southern Africa’s... 

Sula starts Phase 3 drilling at Sierre Leone gold project

By: Mia Breytenbach     13th June 2017 Multicommodity exploration and development company Sula Iron & Gold has started Phase 3 drilling at the Sanama Hill and Southern Target deposits at its flagship Ferensola gold project, in Sierra Leone. Following an initial 1 500 m programme carried out in 2015 and the recently completed 3 800 m... 

ARM appoints new FD as Arnold set to retire

By: Megan van Wyngaardt     12th June 2017 Mike Arnold will retire as FD of African Rainbow Minerals (ARM) on December 10, after eight years in the role. In the months to come, he will work with his successor Abigail Mukhuba, to ensure a smooth handover process. 

Galileo subsidiary, undisclosed phosphate producer to undertake pilot plant phosphate flotation study

By: Natasha Odendaal     12th June 2017 Aim-listed Galileo Resources’ 34%-owned subsidiary Glenover Phosphate and an undisclosed major phosphate producer (MPP) have entered into an agreement to undertake a two-phase, pilot plant phosphate flotation study (PPFS). The positive outcomes of the study could lead to the possible development... 

The enhanced interface between the mining and manufacturing sector remains a key facilitator for the re-industrialisation of South Africa

By: Creamer Media Reporter      12th June 2017 South Africa remains one of the most geologically blessed regions in the world and re-industrialisation is critical to the growth of the economy and increased employment. South Africa has renewed its commitment to industrialisation and the manufacturing industry is a key catalyst in the equation.... 

Pan African’s Elikhulu tailings project to deliver ‘exceptionally’ low cost organic growth

By: David Oliveira     9th June 2017 Focusing on low-cost, high-value organic growth projects has seen South African precious metals miner Pan African Resources prioritise the R1.7-billion Elikhulu tailings retreatment plant (TRP) project at its Evander gold mine, in Mpumalanga, which is expected to produce 689 000 oz of gold at an... 

Increase in demand to create opportunities

     9th June 2017 The utility and industrial boilers market is predicted to experience an increase in demand, across a scope of applications, owing to rising industrialisation, says research and consulting services company Transparency Market Research (TMR). According to a 2017 research report conducted by TMR,... 

Osisko Mining takes first step towards permitting Windfall Lake

By: Henry Lazenby     7th June 2017 Exploration company Osisko Mining has taken the first steps in the environmental approval processes for its cornerstone Windfall Lake project, in Quebec. The TSX-listed company has filed the project description with the federal Canadian Environmental Assessment Agency and the preliminary project... 

Zambia copper production to rise 4% to record, lobby group says

By: Bloomberg     6th June 2017 Zambia’s copper output will climb by about 4% to a record this year as operators near a resolution with government over power prices, according to the Chamber of Mines in Africa’s second-biggest producer of the metal. Production will increase to about 800 000 metric t, said Nathan Chishimba,... 

Redisa should have been stopped earlier – Outa

By: Megan van Wyngaardt     6th June 2017 The Organisation Undoing Tax Abuse (Outa) on Tuesday welcomed Environmental Affairs Minister Edna Molewa’s decision to have the Recycling and Economic Development Initiative of South Africa (Redisa) placed under liquidation, but raised some questions about the move. Last week, Molewa lodged an... 

Steel industry to discuss import challenges at June workshop

By: Anine Kilian     2nd June 2017 Consulting firm XA International Trade Advisors will, on June 14, host a workshop for domestic steel industry participants to meet and discuss possible solutions to the threat posed by rising steel imports. The workshop will look at the trend of increased global protection in the steel industry... 

Digital technology influences rail industry positively

By: Marleny Arnoldi     2nd June 2017 Rail infrastructure in South Africa is trending towards smart digital technologies that will influence the industry positively, says consulting engineers company Aurecon. “The integrated three-dimensional (3D) designs used particularly in South Africa are being used to plan and model rail... 

Lesotho Highlands Water Project – Phase II, Lesotho and South Africa

By: Sheila Barradas     2nd June 2017 The Lesotho Highlands Development Authority will host a briefing session on June 12 to provide information pertaining to the project schedule. 

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