http://www.engineeringnews.co.za
R/€ = 15.80 Change: -0.06
R/$ = 13.45 Change: -0.05
Au 1281.00 $/oz Change: -4.00
Pt 926.00 $/oz Change: -7.00
 

Topic

South African mining industry still not spending enough on R&D

By: Mia Breytenbach     6th October 2017 While South Africa has increased its investment in mining research and development (R&D) since 2014, the country’s investment is still below that of its peers, delegates heard during a panel discussion on ‘Technological Innovation and Advancements in the Mining Industry’ at the Joburg Indaba, on... 

SA business ‘complicit’ in looting of State – Jay Naidoo

By: African News Agency      5th October 2017 Activist for social justice, Jay Naidoo, on Thursday urged the South African business community to find its moral compass and not be complicit in the looting of the State by greedy individuals. Naidoo, who was founding general secretary of the Congress of South African Trade Unions (Cosatu) and a... 

Govt bailouts won’t help SAA, says former finance minister Trevor Manuel 

By: African News Agency      3rd October 2017 Former South African finance minister, Trevor Manuel, said on Tuesday that government bailouts would not help the country’s state-owned airline to escape its troubles, insisting that South African Airlines (SAA) needed to get serious about its corporate governance. This comes after the South... 

McKinsey told Eskom of transparency risk at Trillian Capital

By: Bloomberg     3rd October 2017 Eskom Holdings continued to pay Trillian Capital Partners even after McKinsey & Co warned the South African State power company that it had concerns over transparency at the project development partner. Letters written in March 2016 by McKinsey to Eric Wood, the chief executive officer of... 

South African business confidence hit by political uncertainty and corruption – analyst

By: African News Agency      28th September 2017 Business confidence in South Africa was at an all-time low as a result of political uncertainty, poor economic performance, policy confusion and a general lack of leadership, a turnaround strategist said on Thursday. Alastair Macduff, chairperson and CE of the Turnaround Management Association... 

BLSA suspends 'corrupt' Eskom and Transnet

By: News24Wire      28th September 2017 Business Leadership South Africa on Thursday booted out State-owned entities Eskom and Transnet for their involvement in corruption and State capture with immediate effect. The announcement comes as BLSA launched its #BusinessBelieves campaign in Cape Town, where it signed a “contract” with South... 

Auditing firm cuts ties with Gupta’s Oakbay

By: Sane Dhlamini     27th September 2017 The board of auditing firm Sizwe Ntsaluba Gobodo (SNG) has resigned as auditors of Gupta-owned Oakbay Resources and Energy Limited and its related entities. The auditing firm’s statement stipulates that this decision was made after a thorough assessment of its relationship with the company which... 

Gigaba calls for criminal probe into KPMG

By: Reuters     22nd September 2017 South African law enforcement agencies should investigate KPMG after the global auditor sacked its top management over work done for business friends of President Jacob Zuma, Finance Minister Malusi Gigaba said on Friday. KPMG dismissed its South African division's top management last week... 

Gold Fields says KPMG still external auditors

By: Reuters     22nd September 2017 South African gold mining company Gold Fields said on Friday that KPMG remains its external auditor but it will continue to monitor future developments. "The Gold Fields board of directors has considered the matter and will be closely following future developments in this area. KPMG remain the... 

Two more firms fire KPMG as corporate South Africa weighs links with auditor

By: Reuters     19th September 2017 A South African broker and an energy investment firm fired KPMG on Tuesday, two of a host of local firms weighing whether to ditch the auditor to distance themselves from a scandal involving business friends of President Jacob Zuma. Sasfin and Hulisani, both relatively small financial companies... 

Corruption rampant in South Africa – Corruption Watch

By: Anine Kilian     19th September 2017 There is a multiplicity of factors that drive corruption in both public and private institutions throughout South Africa, nongovernmental organisation Corruption Watch chairperson Mavuso Msimang said on Tuesday. Addressing delegates at the ninth Chartered Secretaries Southern Africa Corporate... 

Good corporate governance key to fighting corruption

By: Anine Kilian     18th September 2017 Poor corporate governance at State-owned enterprises (SoEs) has become endemic, Chartered Secretaries Southern Africa (CSSA) CEO Stephen Sadie said on Monday. He told delegates at the ninth CSSA Premier Corporate Governance conference, in Johannesburg, that good governance at public sector... 

African copper, nickel mines on Coal India radar as miner diversifies

By: Ajoy K Das     18th September 2017 Having decided to evolve into a diversified resource major from a pure play coal miner, Coal India Limited (CIL) has identified copper and nickel mines in Africa for its maiden overseas foray into noncoal minerals. KPMG has been appointed to prepare the roadmap that will see CIL emerge as a... 

KPMG South Africa shakes out top management over Gupta scandal

By: Reuters     15th September 2017 Global auditor KPMG cleared out its South African leadership on Friday after damning findings from an internal investigation into work done for the Guptas, businessmen friends of President Jacob Zuma accused of improperly influencing government contracts. KPMG's investigation did not identify any... 

McKinsey, KPMG targeted as South Africa graft scandal widens

By: Bloomberg     15th September 2017 After helping topple one of Britain’s best known public-relations companies, South African anti-corruption groups are now targeting US consultancy McKinsey & Co. and auditing firm KPMG for doing work for businesses tied to the Gupta family and President Jacob Zuma’s son. The Guptas, originally... 

Tech is making us super human: where is your cape?

     15th August 2017 By Paige dos Santos, Senior Specialist: digital transformation and innovation for SAP Africa   The future beckons… A world where the impossible becomes possible, where the imagined manifests. A world where we metamorphise into super humans. Where man and machine merge, transhumanism becomes a... 

Kubayi refutes CEF board suspension report 

By: Creamer Media Reporter      1st August 2017 Energy Minister Mmamoloko Kubayi on Tuesday refuted a media report stating that she had suspended the Central Energy Fund (CEF) board. The Minister confirmed, however, that board members had been handed letters in July 26 requesting “an explanation on concerns”. No details were provided, however,... 

Leading South African Engineering Firm Partners with Silversoft to Implement Deltek Project Information Management

     27th July 2017 Deltek, the leading global provider of enterprise software and information solutions for project-based businesses, announced today that CKR Consulting Engineers is partnering with Silversoft to implement Deltek Project Information Management (PIM), the industry’s leading enterprise information... 

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... 

Redisa plans to contest government’s liquidation order

By: Megan van Wyngaardt     14th June 2017 The Recycling and Economic Development Initiative of South Africa (Redisa) is planning to legally contest the decision of Environmental Affairs Minister Dr Edna Molewa to liquidate the tyre waste management company, with executive director Stacey Davidson going so far as to describe the move as... 

South African CEOs ‘disrupting’ to grow in uncertain climate

By: Natasha Odendaal     13th June 2017 Audit, tax and advisory services firm KPMG’s ‘2017 CEO Outlook’, released on Tuesday, has revealed that South African CEOs see the positive side of “disruptive forces” facing their respective companies, and are feeling the urgency to “disrupt and grow” amid new challenges and uncertainties. The... 

Gupta-owned Oakbay Resources loses JSE sponsor over associated risk

By: African News Agency      5th June 2017 Oakbay Resources and Energy, which is owned by the controversial Gupta family, on Monday lost its JSE sponsor, River Group, after being given notice of the termination of their appointment as sponsor. River Group is a JSE sponsor, designated adviser and international corporate finance boutique... 

Column: Koeberg aims to ease Cape Town's water woes through desalination

     29th May 2017 In this article, Koeberg power station manager Velaphi Ntuli outlines initiatives under way at the nuclear power station to reduce water consumption and desalinate groundwater. Cape Town is in a drought crisis, and it is predicted that this will certainly not be the city’s last water crisis. Dam... 

Calls to work together to strengthen infrastructure delivery in Africa

By: Kim Cloete     9th May 2017 Consulting engineering firms have been encouraged to form intra and inter-regional partnerships to work on infrastructure projects across the African continent. Kofi Asare-Yeboah, the chairperson of the Group of African Member Associations (Gama) of the International Federation of Consulting... 

Need for partnerships in water sector emphasised

By: Johane Turkstra     5th May 2017 With South Africa’s water infrastructure in need of an upgrade, advisory firm KPMG says utilities and the private sector need to form partnerships that will ensure that these upgrades take place. “The main challenge in the water sector is not only the provision of infrastructure but its... 

South Africa’s junk status problematic for power sector

By: Johane Turkstra     5th May 2017 South Africa’s recent demotion to credit rating junk status is immediately and directly affecting the country’s power supply. South Africans should not “bluff themselves” as the country’s newfound status can become a huge problem says audit, tax and advisory services company KPMG advisory head De... 

Utility expo to highlight off-grid project developments

By: David Oliveira     5th May 2017 African Utility Week, taking place from May 16 to 18, in Cape Town, will showcase how the continent is creating innovative, home-grown solutions for its energy and water challenges, and how these are creating opportunities for utilities and industry suppliers. The event will give voice to the... 

AVeS Cyber Security appoints new Managing Director

     24th March 2017 Professional IT services consultancy AVeS Cyber Security has appointed Cecil Munsamy as its new Managing Director, with effect from 1 February 2017. Munsamy has 29 years’ experience in the IT industry, comprising 19 years in Application Development and Infrastructure, and ten years in IT... 

Qld govt increases support for mining equipment, services sector

By: Esmarie Swanepoel     23rd March 2017 The Queensland government has announced plans for a new accelerated programme to benefit the state’s A$21-billion mining equipment, technology and services (Mets) sector. Minister for State Development Dr Anthony Lynham on Thursday said applications would soon open for the new accelerator... 

Junior miners under strain as investors increasingly look elsewhere

By: Dylan Slater     17th March 2017 Encouraging investment for junior miners is becoming a persistent issue amid faltering markets and investors increasingly seeking ways to settle their capital in other markets, stocks and companies that can guarantee its safeguarding and growth. Based on the sentiment of participants of the... 

Volkswagen restructures to fill sub-Saharan Africa gaps

By: Irma Venter     17th March 2017 German car manufacturer Volkswagen has established Volkswagen Sub-Saharan Africa as a regional operation, in a move aimed at developing and strengthening the African market. The new region joins the existing regions of North America, South America and China, and forms part of Volkswagen’s... 

KPMG to take the lead with industry solutions at African Utility Week

     15th March 2017 Generating value and creating agility in the evolving business landscape of power and utilities With the firm’s goal to focus on ‘future proofing’ in an effort to prepare for both foreseeable and  unforeseeable forces that are fundamentally changing the power and utilities industry, KPMG has... 

Responsible water use habits a focus for the long term

By: Robyn Wilkinson     3rd March 2017 The water use strategies currently being adopted in South Africa to manage water shortfalls and prevent further drought damage must become long-term water use habits for all citizens, says South African advisory services provider KPMG associate director Antonino Manus. 

KPMG at forefront of PRASA rail infrastructure upgrades

By: Tasneem Bulbulia     3rd March 2017 Leading global advisory firm KPMG is providing full financial, commercial and localisation advisory services for one of public transport utility Passenger Rail Agency of South Africa’s (PRASA’s) projects currently under way. The rolling stock project, which reached financial close during the... 

VWSA MD takes on regional responsibility; Rwanda to open VW plant

By: Irma Venter     2nd March 2017 German car manufacturer Volkswagen has established Volkswagen Sub-Saharan Africa as a regional operation, in a move aimed at developing and strengthening the African market. The new region joins the existing regions of North America, South America and China, and forms part of Volkswagen’s... 

SMEC South Africa, DEC Trust, Kapela Holdings establish partnership

     1st March 2017 More than two million disabled South Africans stand to benefit from a new partnership entered into between SMEC South Africa and the Disability Empowerment Concerns (DEC) Trust, in partnership with the Kapela Holdings Group. Signed at an official ceremony at SMEC South Africa’s Randburg head... 

Tax administration developments ‘deeply disturbing’, Davis warns 

By: Terence Creamer     24th February 2017 Judge Dennis Davis, who heads Davis Tax Committee, set up in 2013 to assess South Africa’s tax policy framework, has added his voice to concerns about the state of tax administration in South Africa, particularly in light of the R30-billion under-recovery in 2016/17 relative to the estimate... 

African Utility Week Industry Awards include new gas, small scale and ICT categories to reflect evolution of energy and water sectors

     20th February 2017 Nominations are open for top industry professionals and projects   “I know the energy revolution is powering up and ready to take off. We should embrace energy trade with each other”.  With these words Mr Kandeh Yumkella, UN Under-Secretary-General and Former Special Representative of the... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close