R/€ = 15.98 Change: -0.09
R/$ = 14.12 Change: -0.05
Au 1326.28 $/oz Change: 11.28
Pt 804.85 $/oz Change: 17.39


New paint process leads to greater flux stability

By: Thabi Madiba     8th February 2019 Converting to potted Koch KPAK ultrafiltration (UF) membrane in the automotive electrodeposition paint process from the drop-in style process can lead to greater flux stability over time and lower system downtime, says filtration and water purification solutions company Sagisa sales engineer... 

€120m funding for rehabilitation of Malawi’s longest road

By: Marcel Chimwala     8th February 2019 The European Union has agreed to €120-million for rehabilitation of stretches of the M1 road in Malawi, the longest in the country, which runs from the northern to the southern borders. The funds comprise a €80-million loan and a €40-million grant, which the European Investment Bank will make... 

OneLogix to broaden logistics footprint in R280m Umlaas project

By: Irma Venter     7th February 2019 Niche logistics provider OneLogix aims to more than double the size of its automotive logistics site at Umlaas, in KwaZulu-Natal, in a project that is named ‘Umlaas 3’. OneLogix CEO Ian Lourens said on Thursday in Johannesburg that the R280-million development, next to the N3 highway, will add... 

Subdued construction activity, higher imports cut PPC's sales volumes

By: Marleny Arnoldi     5th February 2019 JSE-listed cement producer PPC has reported difficult trading conditions for the nine months to December 31, 2018, with cement volumes down between 2% and 3%, against a backdrop of estimated market contraction of between 4% and 5%. The company said an uncharacteristically weak December retail... 

Transnet says coal exports expected to dip this year

By: Kim Cloete     1st February 2019 Coal exports are expected to drop this year, following a disappointingly slow run over the past few months, says Transnet Freight Rail coal GM Mandisa Mondi. “For the current financial year, the target for export was 77-million tonnes. We are trending at 73-million tonnes. We hope to have a good... 

‘Scale’ matters in South Africa’s logistics game

1st February 2019 Scale matters to competitive advantage and doing more with less through technology, consolidation and networking enables South Africa-based and -managed freight solutions provider Bidvest Panalpina Logistics’ (BPL’s) larger service offering at a lower unit cost. The concept of scale – the average... 

Wicus Pretorius

By: Martin Zhuwakinyu     1st February 2019 This week we profile Wicus Pretoria, CEO of Wictra Holdings, a repairer, refurbisher and builder of railway rolling stock in Johannesburg, Pretoria, Cape Town, Durban and East London   

BI assists sugar industry with essential maintenance in ‘off-crop’ season

31st January 2019 Leading supplier Bearings International (BI) assists its sugar-industry clients with essential maintenance and equipment upgrades of sugar mills, especially in ‘off-crop’ season. BI has been supplying industrial power transmission products to the sugar industry for the past 60 years. An area of... 

King Shaka airport, Dube cargo terminal report growing international use

By: Schalk Burger     31st January 2019 The King Shaka International Airport and the Dube TradePort Cargo Terminal, in La Mercy, in KwaZulu-Natal, have recorded growth in international flights and airfreight volumes over the past year, Dube TradePort Corporation CEO Hamish Erskine said in a statement on Thursday. The Cargo Terminal... 

Hino SA expects truck market to remain flat, aims to set up dedicated EHCV dept

By: Irma Venter     30th January 2019 The South African new-truck market grew by 4.6%, to 27 492 units, in 2018 compared with 2017, says Hino South Africa (SA) VP Ernie Trautmann. Within this market, medium commercial vehicle (MCV) sales increased by 0.3%, to 7 913 units, with heavy commercial vehicle (HCV) sales expanding by 1.7%,... 

EXEO Capital buys 36% stake in juice maker Jumbo Brands

By: African News Agency      30th January 2019 Private equity manager EXEO Capital on Wednesday announced that their Agri-Vie Fund II has acquired a 36.5 percent stake of South African non-alcoholic beverage manufacturer, Jumbo Brands.  Avril Stassen, a senior partner at EXEO Capital, said Agri-Vie Fund II has had its eye on an investment... 

Indaba celebrates silver anniversary, reaffirms commitment to Africa

By: Nadine James     25th January 2019 The 2019 Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre from February 4 to 7 – will be the twenty-fifth iteration of the event, with the “world’s largest mining conference” having reached this milestone being testimony to its relevance and value,... 

Boiler relocation project near completion

By: Thabi Madiba     25th January 2019 Boiler maintenance and installations provider Boiler and Industrial Plant hopes to complete the boiler relocation project it has been working on for manufacturer United National Breweries (UNB), commonly known as Ijuba breweries, by the end of this month. The project, valued at R2-million,... 

Shut-off valves suitable for gas and oil fuel lines

By: Thabi Madiba     25th January 2019 Valves, steam and combustion system solutions provider, Heaton Valves Africa (HVA) says the German designed and manufactured Albrecht safety quick shut-off valves are suitable for use on gas and oil fuel lines for burners in the local market. “These valves carry all the relevant certification,... 

Ongoing tech investment seen as driver of future tourism growth

By: Schalk Burger     25th January 2019 South Africa must continue to invest in travel technologies and Internet of Things technologies to tap the potential of tourism amid changing expectations of travel and modes of transport, says digital security multinational Gemalto Commonwealth of Independent States, Middle East and Africa... 

Cape Town’s WhereIsMyTransport expands to Latin America, India

By: Irma Venter     22nd January 2019 Public transport data and technology company WhereIsMyTransport has raised $1.85-million in funding from Liil Ventures and Goodwell Investments, as part of its Series A funding round. The funding will support the company’s expansion into Latin America and India. 

ISAF Ithubalethu launches IPO for student accommodation  

By: Tasneem Bulbulia     21st January 2019 Inkunzi Student Accommodation Fund (ISAF) Ithubalethu is aiming to counter the shortage of affordable student accommodation, while enabling access to the property market for the general public, and delivering returns to investors, ISAF Ithubalethu CEO Owen Nkomo outlined on Monday, during a... 

Mahindra breaks through 5 000-unit barrier in 2018

By: Irma Venter     21st January 2019 Mahindra South Africa has recorded its best year ever in 2018, when the company sold 5 486 new vehicles in the domestic market. “Breaking through the 5 000 barrier in 2018 culminated in a very busy year for Mahindra,” says Mahindra South Africa CEO Rajesh Gupta. 

Eskom faces coal supply shortfall, long term contracts coming to an end – manager

By: African News Agency      18th January 2019 State-owned electricity utility Eskom is grappling with a coal supply shortfall at several power stations with long term contracts coming to an end, a senior company executive has said. South Africa is also experiencing lack of new mining investments in large scale coal mines and execution of... 

Julie-May Ellingson

18th January 2019 This week we feature Julie-May Ellingson, CEO of the Cape Town International Conference Centre 

Roadshow highlights motion control products to industry

By: Halima Frost     18th January 2019 Electrical solutions provider Magnet Group hosted a roadshow with about five of power management company Eaton’s technicians in October to highlight Eaton’s DILM range of contractors, circuit breakers and overload relays to Magnet clients and end-users. The roadshow, which visited the Durban,... 

DoL launches formal inquiry into roof collapse at KZN building

By: Marleny Arnoldi     17th January 2019 The Department of Labour (DoL) has set up a formal inquiry into the collapse of a structure that was under construction last year on the premises of Imperial Logistics, in Durban. The collapse led to the death of four employees and the injury of four others.  

Transnet to pursue ‘just and equitable’ settlements with rail OEMs awarded ‘unlawful’ contracts 

By: Terence Creamer     17th January 2019 Having determined the procurement of 1 064 diesel and electric locomotives to be “irregular and unlawful”, Transnet has communicated its intention to review contracts awarded to four original equipment manufacturers (OEMs) in 2015. The State-owned freight logistics group has also indicated that... 

Electricity increases will badly hurt the poor, say community leaders, residents  

By: Kim Cloete     15th January 2019 Community and faith leaders, as well as pensioners and residents, have called on the National Energy Regulator of South Africa (Nersa) to oppose Eskom’s request for a tariff hike, with a projected overall increase of 45% to 2021. “If granted, this price increase will severely impact on all... 

'Find it in your heart, Eskom' – public's pleas on 'unbearable' tariff hikes  

By: News24Wire      15th January 2019 Granting power utility Eskom the 15% annual tariff hike it has asked for will only add pressure to already struggling households, the National Energy Regulator of South Africa (Nersa) heard on the second day of public hearings.  The energy regulator, which sets prices and tariffs for Eskom,... 

ANC puts jobs, growth at heart of 2019 election campaign

By: Reuters     13th January 2019 President Cyril Ramaphosa vowed to create more jobs, boost economic growth and address racial inequalities at a rally on Saturday to launch the ruling party's parliamentary election campaign. The vote, expected in May, will be a test of whether Ramaphosa has been able to reverse a decline in... 

Work experience should not be a requirement for youth employment, says Ramaphosa

By: African News Agency      10th January 2019 President Cyril Ramaphosa told a crowd of African National Congress Youth League (ANCYL) members on Wednesday that work experience should not be a requirement for young people when applying for employment. “Experience must not be a requirement that is used for young people to get jobs. I use the... 

Local Kwagga small plant from Hire It a big hit in construction industry

9th January 2019 The increasing demand for fibreoptic cable infrastructure has seen a Durban installer acquire eight Kwagga rammers from Hire It (Natal) (Pty) Ltd. This is testament to the success of the rugged and cost-effective range of small plant for the construction industry. The customer is very happy with... 

Rolls-Royce plans to launch all-electric aircraft in 2020

By: Marleny Arnoldi     8th January 2019 Power systems provider Rolls-Royce is leading a highly specialised challenge of building the world’s fastest all-electric aircraft, which is planned to take flight in 2020 on the Welsh coastline. The zero-emissions plane is expected to travel at a target speed of more than 300 miles per hour... 

Construction starts on most technically advanced vessel ever built in South Africa

By: African News Agency      3rd December 2018 A South African black-owned shipbuilding company has taken big steps in the transformation of the maritime sector by forging ahead on a multi-billion rand build programme for a new hydrographic survey vessel for the country’s navy. On Friday, Southern African Shipyards (SAS) went one step further... 

Refinery receives new fire protection trailer system

By: Melissa Zisengwe     26th October 2018 For three consecutive years, fire protection equipment supplier DoseTech and Germany-based dosing technology company FireDos have supplied the latest portable foam fire-protection system to integrated chemicals and energy chemicals company Sasol, states Dosetech MD Mike Feldon. The latest system... 

N1 – Plattekloof road and Old Oak interchange upgrade, South Africa

By: Sheila Barradas     26th October 2018 The Western Cape Department of Transport and Public Works is upgrading the N1 between Plattekloof road and Old Oak interchange, which includes the addition of a third lane in both directions. 

Giuricich Bros secures Vukile’s investment for a section of the new prime offices at 104 Oxford Rd

25th October 2018 JSE-listed SA retail real estate investment trust (REIT) Vukile Property Fund has acquired a substantial section of Giuricich Bros Construction’s new premium-grade offices at 104 Oxford Road, Rosebank. Giuricich, the leading South African family-owned construction firm, began work on the 6,400sqm... 

There is room for more ride-hailing services, says Taxify country manager

By: Irma Venter     23rd October 2018 Taxify believes there is room for another electronic ride-hailing service in South Africa. US-based Uber started operations in South Africa in 2013, with Estonia’s Taxify moving into the country in 2016. 

Grindrod buys marine support services business

By: Nadine James     23rd October 2018 JSE-listed Grindrod said on Tuesday that the recently announced acquisition of the Novagroup from Pescanova would enhance its service and product offering, as well as expand its footprint in southern Africa. Nova was established in the 1960s to deliver support services to the maritime industry,... 

Sanral’s strategy, transformation policy ready for Cabinet approval 

By: Irma Venter     22nd October 2018 The South African National Roads Agency Limited’s (Sanral’s) Horizon 2030 strategy is “ready to go to Cabinet”, in a process that will be managed by the Department of Transport (DoT), says Sanral transformation manager Ismail Essa. He says the Minister of Transport, Dr Blade Nzimande, as well as... 

A chain reaction of quality and reliability with Powermite’s EKD Kolibri energy chain

19th October 2018 Powermite has been a leading supplier of EKD Kolibri energy chain to the Southern African market for more than three decades. The company shares a combined knowledge of over 50 years in drag chain applications with EKD, the globally renowned energy chain manufacturer based in Germany. “EKD energy... 

Five Reasons Why South Africans Are Applying for Citizenship-by-Investment

By: Creamer Media Reporter      19th October 2018 Citizenship-by-Investment is on the rise globally with over 2.4bn USD spent each year derived mostly from China, the Middle East, and Russia, with South Africa not far behind.   Next Generation Equity (NGE), global specialists in second citizenships and residency options, says South Africa is... 

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