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Seifsa welcomes R95m steel development fund

By: Megan van Wyngaardt     22nd February 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Wednesday welcomed Finance Minister Pravin Gordhan’s R95-million allocation towards the establishment of a Steel Development Fund in the 2017 National Budget. The fund will be controlled by the Industrial Development... 

Group Five reports R383m loss, CEO Eric Vemer resigns

By: Irma Venter     22nd February 2017 Group Five CEO Eric Vemer has unexpectedly announced his resignation – “within the next few weeks” – from the JSE-listed construction group. Vemer took over from Mike Upton on December 1, 2014, and spent less than three years at the helm of Group Five. 

Proudly SA Manufacturer Tagged “Green” By Global Certification

     22nd February 2017 In the world of “green”, claims of eco-friendliness and biodegradability abound. Sadly, however, these claims can often not be substantiated, the products and services are not truly green, and consumers and businesses are duped into harming the planet in a different way. For this reason, the... 

ABB Wins $70 Million in Equipment Orders to Expand European Rail Fleets

     22nd February 2017 ABB traction technologies to provide more reliable, energy-efficient trains for rail operators in Switzerland, Sweden and Hungary. ABB has won orders worth $70 million from Swiss train manufacturer Stadler to supply state-of-the-art traction and onboard power equipment to three European rail... 

Industry Desperate for Certainty on Carbon Tax

     22nd February 2017 Leading energy consultancy Cova Advisory has warned that there is a desperate need for certainty over South Africa’s planned Carbon Tax.   The warning came in the run-up to this week’s Budget, when Finance Minister Pravin Gordhan is widely expected to give an update on plans for the new tax.... 

Industry Desperate for Certainty on Carbon Tax

By: Creamer Media Reporter      22nd February 2017 Leading energy consultancy Cova Advisory has warned that there is a desperate need for certainty over South Africa’s planned Carbon Tax.   The warning came in the run-up to this week’s Budget, when Finance Minister Pravin Gordhan is widely expected to give an update on plans for the new tax. “On... 

Giyani sees ‘company maker’ potential in Botswana manganese claims

By: Henry Lazenby     21st February 2017 Canadian junior explorer Giyani Gold is strategically repositioning to take advantage of the rising tide in the energy metals market. After dabbling in several project opportunities in recent years, including an oil and coal infrastructure opportunity in Turkey, and gold exploration in... 

Energy Efficiency Workshop

     21st February 2017 The National Cleaner Production Centre, South Africa, the Consumer Goods Council of South Africa and the Chemical and Allied Industries’ Association will host an energy efficiency workshop to highlight challenges and provide solutions to the energy challenges facing industry and business. The... 

Sacci outlines Budget expectations

By: Creamer Media Reporter      21st February 2017 With Finance Minister Pravin Gordhan preparing to deliver his 2017 National Budget speech on Wednesday, the South African Chamber of Commerce and Industry (Sacci) weighed in on its expectations at a time when South Africa is experiencing subdued economic growth. Amid the Reserve Bank having... 

Gibela worried over impact of Duduza unrest on Dunnottar plant construction

By: Anine Kilian     21st February 2017 Gibela Rail Transport Consortium has expressed concern over ongoing community unrest in Duduza, in Ekurhuleni, which is impacting on construction activities at its R1-billion Dunnottar train manufacturing plant. It said on Tuesday that the disruption to the time-sensitive construction work at the... 

Aveng to seek shareholder backing for sale of Grinaker-LTA stake to Kutana in March  

By: Terence Creamer     21st February 2017 Construction and engineering group Aveng will seek shareholder approval before the end of March for the sale of a 51% beneficial interest in Aveng Grinaker-LTA to Kutana Construction, a black economic empowerment company. Aveng has also decided to include Aveng Water in the transaction, along... 

De Beers lifts FY16 underlying Ebitda by 42%

By: Ilan Solomons     21st February 2017 Higher revenues contributed to a 42% improvement year-on-year in diamond miner De Beers’ underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) to $1.4-billion in 2016. A 30% increase in revenue to $6.1-billion was driven by stronger rough diamond demand, which led to... 

DPI Plastics upgrades large-bore extrusion line for new Ultraflo™ range

     21st February 2017 DPI Plastics has upgraded the tooling on its large-bore extrusion line at its Roodekop facility in Johannesburg in order to extend its current range of Ultraflo™ PVC-m pressure pipes to include diameters of up to 630 mm and a 16-bar maximum operating pressure. The Ultraflo™ range has been... 

Coatings Sector Launches Formal Appeal To Halt Paint Dumping

     21st February 2017 The SA Paint Manufacturing Association is driving a renewed and formal appeal to the government to protect the coatings sector by imposing higher import duties on the increasing volumes of paint being dumped on our shores.   Deryck Spence, executive director of SAPMA, says the Association has... 

Index points to manufacturing investment recovery despite ‘fragile’ economy

By: Terence Creamer     20th February 2017 The Manufacturing Circle Investment Tracker, a quarterly index that tracks investment trends in the manufacturing sector, fell to 58 points in the fourth quarter of 2016 from above 70 points in the prior quarter. Nevertheless, chairman André de Ruyter said the index was still suggestive of an... 

Certainty on Carbon Tax needed from this year’s Budget – Cova

By: Creamer Media Reporter      20th February 2017 With expectations of the long-awaited Carbon Tax being implemented in 2018, much more clarity and certainty will be needed from the 2017 Budget, which will be delivered by Finance Minister Pravin Gordhan on Wednesday. Currently, much uncertainty exists, with industry questioning policy certainty,... 

Global Perspective At South Africa's Automotive Show

     17th February 2017 Up to 400 executive-level delegates, representing South Africa's automotive manufacturing industry will gather to confer with and learn from global experts at its official event, the NAACAM Show in Durban during April.   Acclaimed London-based, global thought leader and charismatic futurist... 

DTI promises fast-tracked support for downstream steel industry

By: Terence Creamer     17th February 2017 The Department of Trade and Industry (DTI) insists that measures to support the downstream steel industry in South Africa are a priority for government and are being fast-tracked. In a statement outlining the various interventions undertaken since 2015 to support a primary steel sector wracked by... 

New US President may benefit the resources sector

By: Henry Lazenby     17th February 2017 While Donald Trump is likely to lower US corporate taxes, bringing US dollars back into the country and rebuilding American infrastructure through a massive $1-trillion spending programme, the new President is coming in at the “US midnight”, Euro Pacific Capital founder and CEO Peter Schiff says.... 

Pockets of resilience, but SA’s manufacturing outlook remains fragile

By: David Oliveira     17th February 2017 South Africa’s manufacturing sector, which has been struggling to shed the ‘deindustrialisation’ mantle for the past three decades, despite vocal support for the sector from government, is unlikely to experience a dramatic turnaround in 2017. However, there are some signs of resilience and even... 

Chamber looks to strengthen partnerships in local green economy

By: Nadine James     17th February 2017 The Italian–South African Chamber of Trade and Industries’ chief aim at the 2017 Africa Energy Indaba is to raise awareness among Italian corporations regarding investment opportunities in South Africa’s green economy. Chamber secretary-general Mariagrazia Biancospino says the chamber mediated a... 

Consumer choices will increasingly drive ‘circular’ manufacturing

By: Schalk Burger     17th February 2017 Manufacturing worldwide is far from adopting circular resource-use principles into the practical reality of its design and distribution streams, but consumer choices can change this reality, says engineering company Aurecon manufacturing market director Tim Plenderleith. Multinational consultancy... 

Efforts to salvage wind-tower plant shut in wake of Eskom’s refusal to sign new IPP contracts

By: Terence Creamer     17th February 2017 The Industrial Development Corporation (IDC) is hoping to salvage the domestic manufacturing capability established to produce wind-tower sections in the Eastern Cape that was set up in response to government’s demand for higher levels of local content in the renewable-energy sector. However, it... 

Expansion project to support economy and create job opportunities

By: Simone Liedtke     17th February 2017 Professional and technical services firm AECOM will oversee the construction of the Tema Port expansion project in Ghana for Meridian Port Services (MPS), operator of the container terminal at the existing adjacent port. The project is scheduled for completion in the fourth quarter of 2019. 

Intelligent Edge network architecture a foundation for IoT systems

By: Schalk Burger     17th February 2017 Internet of Things (IoT) systems will allow for cost savings, efficiencies and enhanced customer experience, and is expected to change the way people work,  comparable with the changes brought about by mobile work systems and collaborative digital work environments, says networking multinational... 

New black-owned compressed-air company launched 

By: David Oliveira     17th February 2017 The South African compressed-air industry has celebrated its first 100% black-owned company following the launch of Enza Air, a division of industrial holdings company Asani Group, in Johannesburg earlier this month. “This is a very important day for us and signals the birth of a new player in... 

PMSA

By: Zandile Mavuso     17th February 2017 Being a supplier of concrete equipment in Africa for over forty years, PMSA provides wet batching plant solutions for customers in the Civil sector for renewable energy such as wind and solar plants, conventional power stations, dam construction, roads and bridges, in the Building contractor... 

Pockets of resilience, but SA’s manufacturing outlook remains fragile

By: David Oliveira     17th February 2017 South Africa’s manufacturing sector is expected to grow by 0.5% this year and by 1.2% in 2018, according to data from economic analysis and forecast provider FocusEconomics. Financial institution Barclays’ latest purchasing managers’ index (PMI) released earlier this month indicates that the... 

Product testing facility construction to be completed this year

By: Kimberley Smuts     17th February 2017 The construction of Recycling and Economic Development Initiative of South Africa’s (Redisa’s) Product Testing Institute (PTI), which started last year, is expected to be completed in the second quarter. 

Quality key for the construction sector

By: Robyn Wilkinson     17th February 2017 Industry association the Concrete Manufacturers Association (CMA) is taking a proactive role in ensuring that a high level of quality is instituted and maintained throughout the civil engineering and construction sector’s supply chain. 

SATMC emphasises need for tyre homologation

By: Kimberley Smuts     17th February 2017 Tyre manufacturing industry representative the South African Tyre Manufacturers Conference (SATMC) says homologation – the process of certifying or approving a product for introduction into a market – of new tyre ranges is crucial, as tyres are a safety critical component in vehicles.  

South Africans appointed to top nuclear positions abroad and at home

By: Keith Campbell     17th February 2017 International Atomic Energy Agency (IAEA) Director General (DG) Yukiya Amano has appointed South African Nuclear Energy Corporation (Necsa) CEO Phumzile Tshelane to the Standing Advisory Group on Nuclear Energy (SAGNE). Tshelane will serve as a member of the Group for two years. The Group... 

The first powered flight in South Africa

By: Jade Davenport     17th February 2017 The field of aviation achieved a new milestone last week with the safe passage of the world's longest commercial flight. That Qatar Airways plane travelled a distance of 14 535 km between the Qatari capital of Doha,  and Auckland, New Zealand, in one continuous stretch – a journey that covered... 

Township businesses need protection

By: Sydney Majoko     17th February 2017 On the last Monday of January, we woke up to the news that the manager of the internationally renowned Sakhumzi restaurant, in Vilakazi street, in Soweto was murdered in an attempted robbery. In the grand scheme of things, although this sounds callous, it was just another one of all the murders... 

Tyres manufactured with taxi industry in mind

     17th February 2017 Last month, rubber manufacturers Sumitomo Rubber South Africa (SRSA) announced the launch of its new range of tyre brand Dunlop tyres – the Vantrek V1 White Wall tyre for the South African taxi industry. 

Watching brief

By: Terence Creamer     17th February 2017 The closure and possible liquidation of an Eastern Cape wind-tower manufacturing facility only four years after it opened raises serious questions about whether business can truly rely on government policy as a basis for making investment decisions. Operations at the plant have been suspended... 

Riverbed Launches Major Updates to SD-WAN Offering, Delivering a Powerful Cloud Networking Solution for Today’s Digital Enterprise

     16th February 2017 Riverbed SteelConnect is now available for the data center, enabling simplified implementation and scalable solution for large global SD-WAN deployments Riverbed SteelConnect integrated into new SteelHead SD, delivers superior app performance and cloud-grade network agility into a single-device... 

Atlas Copco Industrial Technique Torque Laboratory attains SANAS accreditation

     16th February 2017 The Industrial Technique business area of Atlas Copco South Africa has augmented its comprehensive range of industrial power tools, assembly systems, quality assurance products, software, and service solutions by obtaining SANAS accreditation for its Torque Laboratory. Nicolas Van Zyl,... 

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