R/€ = 16.05 Change: -0.10
R/$ = 14.22 Change: -0.05
Au 1321.70 $/oz Change: -0.37
Pt 1074.50 $/oz Change: -0.50


Resolve Immix wins Microsoft ERP Partner of the Year Award

     Updated 7 hours ago Resolve Immix, leading software solutions provider, is proud to announce that they have won Microsoft’s FY16 ERP (Enterprise Resource Planning) Partner of the Year Award for South Africa. Microsoft’s Partner Network Awards takes place on an annual basis and recognises South African partners who... 

Grindrod records R1.1bn loss, ready to develop Coega liquid-bulk terminal

By: Irma Venter     25th August 2016 A depressed commodities market continued to takes its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod on Thursday reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared... 

Barloworld stands the test of 75 years 

     25th August 2016 Industrial brand management company Barloworld celebrated its 75th year on the JSE earlier this month, making it one of only nine companies to have achieved the milestone. Megan van Wyngaardt tells us more. 

Tightening supply should bode well for commodity prices – Glencore

By: Martin Creamer     24th August 2016 Diversified mining and marketing company Glencore, now with a significantly reduced debt profile, is producing its key commodities at exceptionally low operational cost, exemplified by the unit cost of the zinc it produced in the six months to June 30 coming in at the negative unit cost figure of... 

Imperial FY profits steady as restructured group enters new era

By: Natasha Odendaal     23rd August 2016 JSE-listed Imperial Holdings has held its profits steady and generated record revenue in the year to June 30, in an environment under pressure, while preparing to kick off the new financial year with a restructured group to ride out the sombre economic environment. The group is hoping to break... 

Harnessing Change: Why Future Success Belongs to the First Movers…

     23rd August 2016 As market commentators continuously point out, South African businesses of all sizes and across sectors are having a torrid time. Faced with global uncertainty, political flux, and ongoing technology-driven disruption, merely staying afloat as become a Herculean task. However, as the results of... 

Trade fair to provide industry networking platform

     22nd August 2016 Trade fair food & drink technology Africa (fdt Africa) – taking place on September 14 and 15 at Gallagher Convention Centre, in Midrand – is set to provide a platform for networking in the food and beverage industry. 

India readies policy for disposal of washery rejects, surplus coal production

By: Ajoy K Das     22nd August 2016 India’s Coal Ministry is ready to unveil a comprehensive policy on the disposal of washery rejects, middlings and coal surplus by private miners in a bid to streamline the process of attracting private sector investment in adding value to the dry fuel. The Coal Ministry will convene a... 

Civtek Chooses Technicrete Products For New Logistics Warehouse

     22nd August 2016 Building aesthetics coupled with the need to conserve energy and natural resources are factors that play an ever increasing role in the development of commercial buildings. The selection of products needed to achieve these elements is therefore paramount to the success of the final appearance of... 

Updated study improves Sal da Vida financial returns – Galaxy

By: Megan van Wyngaardt     22nd August 2016 Australian lithium miner Galaxy Resources has increased the capital expenditure (capex) estimate of its Sal de Vida project, but has significantly reduced the capital cost payback period and now expects “much more attractive” financial returns from the project in Argentina’s Puna region. The... 

Sasol, Imperial Logistics, CLX, and UJ student recognised for supply chain management education excellence

     22nd August 2016 Supply chain management is critical to business success in all industries and greater economic growth can be achieved by improving the skills in this profession. Recognition for excellence in supply chain skills development was given to Sasol, Imperial Logistics, the Centre for Logistics... 

Durban port upgrade and expansion project, South Africa

By: Sheila Barradas     19th August 2016 Fourteen Terberg haulers have entered operations at Pier 1 at Transnet Port Terminal's Durban Container Terminal. 

Glass recycling and reuse of returnable bottles reduce glass at landfill

By: Sebastian Whyle     19th August 2016 Consumption of returnable glass-bottled products has increased, owing to the increased affordability of returnable packs, amid difficult economic times and lower levels of disposable income. South Africa’s returnable bottle system and glass recycling initiatives divert more than two-million... 

New crane truck launched at open day

By: Kimberley Smuts     19th August 2016 Fleet and specialised equipment provider Lovemore Bros launched its new 80 t/m crane truck at the company’s open day in June, with its second unit to be in production by the end of the year. The new 80 t/m crane truck has a narrow footprint and can fit into tight, restricted spaces with low... 

Software system assists with maintenance schedules

By: Kimberley Smuts     19th August 2016 With logistics companies having to deal with breakdowns and repairs of buses and trucks, loss of income from fees being docked at major ports because of delays in collections, penalties incurred for late deliveries or their simply not being able to service a given route, asset management... 

Solutions provider named as a top green provider for 2016

     19th August 2016 Supply chain network solutions provider HighJump, announced late in June that Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global food supply-chain, has named HighJump as a top green provider for 2016. 

The digital transformation driving change in Africa

By: Kim Cloete     18th August 2016 Digital transformation is sweeping the world and making big inroads in Africa, where 600-million people are expected to be Internet users by 2025, when there will be four-billion connected devices on the continent. This was outlined at the Growth, Innovation and Leadership Africa 2016 conference... 

Three-decade iron-ore veteran says 2017 to bring challenges

By: Bloomberg     18th August 2016 Iron-ore strayed well off-script in 2016 as a rally surprised the bears. Michael Zhu, former global sales director at Vale SA, says the commodity will probably face a tough year in 2017 as supply keeps on expanding while China’s steelmakers struggle to sustain output at current levels. “I’m not... 

AMSA chief says rising rand to take gloss off recovery

By: Terence Creamer     17th August 2016 ArcelorMittal South Africa (AMSA) CEO Wim de Klerk says he still expects the steel group to enjoy a better second half than was the case in the six months to June 30, but admits that the recent strengthening in the rand against the US dollar is likely to weigh on financial performance. The... 

Barloworld celebrates 75 years on JSE

By: Megan van Wyngaardt     16th August 2016 Industrial brand management company Barloworld on Tuesday celebrated its seventy-fifth year on the Johannesburg Stock Exchange (JSE), and is one of only nine companies to have achieved this. CEO Clive Thomson told Engineering News Online on the sidelines of the 75-year celebration that the... 

KAP’s growth continues, FY earnings rise

By: Megan van Wyngaardt     15th August 2016 JSE-listed KAP Industrial Holdings has seen continued growth during the year to June 30, with headline earnings from continuing operations up 18% to 47.8c apiece. Operating profit increased 19% year-on-year to R2-billion. 

Revolutionary gold-mining machine making progress – AngloGold 

By: Martin Creamer     15th August 2016 The innovative Mark IV high-technology machine that AngloGold Ashanti is developing to improve the economics of gold mining in South Africa’s low-height, hard-rock reef is continuing to make progress, AngloGold COO South Africa Chris Sheppard said on Monday. Speaking at Monday’s presentation of... 

IronRidge sets sights on Chad after Tekton deal

By: Natasha Odendaal     12th August 2016 Aim-listed IronRidge Resources has secured a first-mover advantage over a potential major new gold discovery in Chad after entering into a conditional share subscription agreement with private Singapore-registered company Tekton Minerals. The Africa- and Australia-focused mineral exploration... 

Company implements new logistics system

By: Sascha Solomons     12th August 2016 Amid the challenges of cost transparency and inefficient vehicle use, food and beverages producer and distributor Pioneer Foods implemented solutions provider Resolve Solution Partners’ in-house transport management system PLATO at its plant. The PLATO system helps generate an optimised... 

European helicopter maker highlights global presence, including SA

By: Keith Campbell     12th August 2016 Airbus Helicopters (formerly Eurocopter and part of the larger Airbus Group) is confident that it has a unique global presence. The company recently pointed out it that had 22 900 employees worldwide, with 29 customer centres, 26 training centres and 100 maintenance, repair and overhaul (MRO)... 

Hybrid power generation system wins energy award

By: Mia Breytenbach     12th August 2016 The Hybrid Power Generation System (HPGS) of national security alliance North Atlantic Treaty Organisation’s (Nato’s) Energy Security Center of Excellence has won one of the Energy Transition Trophies 2016. The awards, held in Paris, France, in June, covered such themes, as factories, energy,... 

Implementation of change in industry increases legitimacy  

By: Sascha Solomons     12th August 2016 Amid the challenges faced by the South African logistics industry, materials management and logistics consultancy Greiner Mendi MD Lars Greiner notes that logistics companies should consider change to mitigate inefficiencies in their operations. He comments that logistics has always been a highly... 

Industrial symbiosis key to growth in recycling and manufacturing sectors

By: Simon Sonnekus     12th August 2016 The Industrial Symbiosis (IS) Programme delivered by the National Cleaner Production Centre of South Africa (NCPC-SA) at the Council for Scientific and Industrial Research (CSIR) campus has proven to be important in the creation of several synergies that are providing effective recycling... 

Integrated technology mindset needed for logistics success

     12th August 2016 A change in approach towards an ‘integration mind-set’ and the understanding that no part of the supply chain should be reported on in isolation is needed for the success of the logistics industry, says supply chain technology and consulting solutions provider VSc Solutions. “Solution buzzwords... 

Integrating supply chain systems the future of warehouse efficiency

By: Sascha Solomons     12th August 2016 With warehousing and logistics becoming increasingly complex and fast-moving, resolving operating issues regarding materials handling, data capturing, order fulfilment and software technology have become business imperatives, asserts beverage company Coca-Cola Beverages South Africa (CCBSA). “As... 

Caledonia sees record production from Zim mine in Q2

By: Megan van Wyngaardt     11th August 2016 Aim-listed gold miner Caledonia Mining increased production at its 49%-owned Blanket mine, in Zimbabwe, by 15.6% quarter-on-quarter to 12 510 oz in the three months ended June 30. The higher output was attributed to increased tonnes mined and milled and improved grade. 

Sibanye firming up funding for gold-from-dumps project 

By: Martin Creamer     8th August 2016 Sibanye Gold is far advanced with plans to recover gold, uranium and sulphuric acid in a phased manner. Sibanye VP Grant Stuart says the West Rand Tailings Retreatment Project (WRTRP) defines the creation of superior value for all stakeholders, creates jobs and is environmentally responsible. 

Resgen secures R5.5bn for Boikarabelo

By: Megan van Wyngaardt     8th August 2016 Dual-listed Resource Generation (Resgen) has secured R5.52-billion to complete construction of the Boikarabelo coal mine, in Limpopo. The emerging coal miner noted on Monday that Ledjadja Coal, a subsidiary of Resgen, had agreed on the commercial terms with a financing syndicate to secure the... 

RESGEN moves closer to construction of flagship Waterberg Boikarabelo coal mine

     8th August 2016 Agreement of Commercial Terms with Financing Syndicate   ASX and JSE listed emerging coal producer Resource Generation (Resgen) is pleased to advise that its BEE subsidiary, Ledjadja Coal, has reached a commercial agreement with a financing syndicate, to securing a funding package of R5.52... 

Multimillion Rand Africa Projects Offer Huge Potential For SA Stainless Steel Supply

     5th August 2016 Strategic trips by the Southern Africa Stainless Steel Development Association (sassda) to Tanzania, Senegal and Mozambique as part of the dti’s Export Marketing and Investment Assistance Scheme (EMIA) have yielded a number of exciting, ‘new market’ opportunities for local companies wishing to... 

Benban 1 solar photovoltaic project, Egypt

By: Sheila Barradas     5th August 2016 The project is being developed under Egypt’s first-round feed-in-tariff programme. 

TAQA Arabia solar project, Egypt

By: Sheila Barradas     5th August 2016 It will comprise a single-axis tracking system, with 206 400 photovoltaic panels, an estimated capacity of 50 MW ac and a peak capacity of 60.016 MW dc. 

Imperial hones animal healthcare expertise in partnership with Boehringer Ingelheim

     4th August 2016 Through its successful partnership with client Boehringer Ingelheim, Imperial Health Sciences has added a new dimension to its well established reputation as Africa’s leading partner in the healthcare supply chain. The company has added the distribution of veterinary medicine to its service... 

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