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www.srk.co.za
Email: johannesburg@srk.co.za
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SRK provides expert advice and solutions for clients requiring specialised services, mainly in the fields of mining, geotechnics, water, waste and the environment.

SRK seeks to serve clients across a range of industries that are primarily natural resource based. The firm’s primary business is the provision of professional consulting services.

Topic

M&R warns ‘costly’ Middle East exit will drag 2017 earnings lower

By: Terence Creamer 17th August 2017 Engineering group Murray & Roberts (M&R), which sold its Southern African infrastructure and building units to a Southern Palace-led consortium in November, has warned that its earnings will fall by more than expected in 2017, owing to additional costs associated with four remaining building... →

Low consumer confidence contributes to weaker H1 for Famous Brands

By: Anine Kilian 16th August 2017 JSE-listed Famous Brands expects its results for the six months to August 31 to be weaker than those reported for the six months to August 31, 2016. In a voluntary trading update issued on Wednesday, the company said trading conditions in the South African market had declined further in the five... →

Chicago Pneumatic provides vital continuous energy supply for new luxury residential development in Dubai

15th August 2017 Fourteen tough and reliable stationary generators from Chicago Pneumatic are providing the essential power required for the construction of a luxury residential development besides the Dubai Water Canal. The order was secured by authorised Chicago Pneumatic distributor German-Gulf Enterprises... →

AgriProtein assessing two new fly-farming sites in South Africa

By: Irma Venter 11th August 2017 Waste-to-nutrient group AgriProtein will expand its presence in South Africa with two new fly-farming sites, while also growing its research and development function in the country, says CEO Jason Drew. AgriProtein started operations in Cape Town in 2015, launching the world’s first... →

Malawi contracts Japan’s Mitsubishi to build 18 MW hydopower plant

By: Marcel Chimwala 11th August 2017 Malawi State-owned utility the Electricity Generation Company (Egenco) has contracted Japan’s Mitsubishi Corporation to construct the 18 MW Tedzani IV power station, on Shire river. The Malawi government and the Japanese International Cooperation Agency will jointly finance the project, where... →

Survey identifies protecting market share as one of top priorities for South African organisations

By: Mia Breytenbach 11th August 2017 Protecting market share, strengthening customer relationships and driving efficiencies are key priorities for South African organisations, according to survey findings presented at the Experian 2017 Innovation Summit in Johannesburg last month. While South African businesses are gearing up for... →

Chicago Pneumatic provides vital illumination for oil and gas project in Kuwait

10th August 2017 Chicago Pneumatic has secured a major sale of its tough and efficient light towers in Kuwait after its authorised distributor General Transportation & Equipment Company (GTE) placed an order for 100 CPLT V15 metal halide models. The light towers will provide crucial illumination for an oil and... →

TrenTyre rolls out FleetFirst tyre management programme in S Africa

By: Irma Venter 7th August 2017 TrenTyre has launched FleetFirst, a tyre management solution offered by Goodyear, in the South African fleet market. FleetFirst currently takes care of more than 200 000 trucks in 28 European countries, including Spain and the UK. →

Westcon-Comstor Southern Africa Appoints CEO

7th August 2017 Westcon-Comstor Southern Africa, a value-added technology distributor of category-leading solutions in Security, Collaboration, Networking, Cloud and Data Centre, is pleased to announce that Rakesh Parbhoo has officially joined the company in the role of CEO of WestconGroup SA, effective 1st... →

Electric car boom drives rush to mining's $90bn heartland

By: Bloomberg 7th August 2017 A scramble by the lithium market’s biggest players to tie up supply of the high-tech metal is gathering pace in the 170-year-old heartland of Australia’s $90- billion mining industry. Rising Chinese demand for lithium-ion batteries needed for electric vehicles and energy storage is driving... →

Rail is the future of Africa’s industrialisation

4th August 2017 Rail infrastructure upgrades remain a core focus of the ongoing industrialisation of Africa, where the transportation of goods and commodities is often difficult and costly, owing to underinvestment in rail infrastructure, says multinational power and engine manufacturer and distributor Cummins. →

Infrastructure boom and rising urbanization drive growth opportunities in the region, finds Frost & Sullivan’s Visionary Science team

3rd August 2017 The infrastructure boom and rising urbanization in Asia-Pacific have made it the largest and fastest-growing regional market for anti-corrosion coatings, with 54.7 percent of the revenue shares. It is likely to touch 57.9 percent in 2023, driven by the rapid growth of end-user industries such as... →

Leading power firms showcase new technologies to Africa

3rd August 2017 75 international exhibitors and over 2,800 delegates converged at the Sandton Convention Centre for the fifth annual POWER-GEN & DistribuTECH Africa in July, to explore power solutions and discuss strategies and technologies for power sector growth on the continent. With the urgent need for... →

City of Cape Town’s support generates investment worth R2.67bn, with 6 236 jobs created in key growth industries

By: African News Agency 31st July 2017 The City of Cape Town, via its enterprise and investment department under the directorate of the mayor, has facilitated R2.67-billion worth of investment which has resulted in 6 236 direct jobs created for the people of Cape Town in the past financial year (July 2016 – June 2017), the city said... →

Cummins Celebrates Its Commitment To Gender Diversity

28th July 2017 Cummins is celebrating the diverse roles that women continue to play in the company. These range from business development to human resources and distribution. “That is what attracted me to Cummins. There is so much I can do, but it is up to me to learn and demonstrate the ability to execute and... →

Hawsons PFS delivers for Carpentaria

By: Esmarie Swanepoel 28th July 2017 ASX-listed Carpentaria Exploration has delivered an attractive development case of its Hawsons iron-ore project, in New South Wales, with the release of the results of a prefeasibility study, MD Quentin Hill said on Friday. The PFS estimated that the 10-million-tonne-a-year operation would have... →

Comair reports its diversification strategy is working

By: Keith Campbell 28th July 2017 South African airline group Comair Limited’s strategy of countering the weak local air passenger market by diversifying its business is proving successful, reports company CEO Erik Venter. “It’s working very well. About 20% of our profits are coming from our non-airline businesses and we’re... →

Investment in gas economy tough if risk exceeds appetite

By: Nica Schreuder 28th July 2017 Gas infrastructure for electricity generation requires key investors to get involved in this capital-intensive endeavour but if the perception among investors is that of risk exceeding reward, investment is unlikely to emerge, says oil and gas equipment supplier Energas Technologies project... →

SAP Africa appoints interim management team

24th July 2017 SAP Africa has announced an interim management team for Africa after four management team members were placed on administrative leave pending the outcome of a forensic investigation into allegations related to one of its contracts. The new management team comprises of Ashley Boag as Acting... →

Partnership to industrialise Hayden Cobra kit car production

By: Irma Venter 21st July 2017 Automotive Investment Holdings (AIH) has partnered with Les Hayden to industrialise Hayden Cobra kit car production in South Africa. Hayden started Cobra replica sports car production in South Africa in the 1980s with the Shamrock Cobra. He produced around 500 kits for the local and export markets. →

Chicago Pneumatic receives landmark order for LED light towers in the Middle East

20th July 2017 Chicago Pneumatic has secured a breakthrough sale of its tough and efficient LED light towers in Kuwait after its authorised distributor General Transportation & Equipment Company (GTE) placed an order for 25 CPLT V15 LED models. The light towers will provide crucial illumination for a... →

FDI key for mining growth in North Africa, Middle East

By: Anine Kilian 14th July 2017 State-owned miners will continue to drive mining output in the Middle East and North Africa (Mena), with governments slowly encouraging foreign direct investment (FDI) into the sector, however, political instability will keep investment rates relatively low compared with other regions, according... →

Metair buys into Germany battery manufacturer

By: Irma Venter 14th July 2017 The JSE-listed Metair group has acquired a 25.1% shareholding in Germany-based battery manufacturer and supplier, Akkumulatorenfabrik Moll (Moll), at a cash price of €7.425-million (R111.4-million). Metair is a global manufacturer, distributor and retailer of energy storage solutions and... →

McDonald’s launches new instore design

13th July 2017 Food and beverage giant McDonald’s South Africa has unveiled its first newly built, revamped restaurant at Stoneridge shopping centre, in Johannesburg. →

SAP Committed to Integrity and Transparency; Initiates Thorough Investigation into South Africa Business

13th July 2017 SAP SE mbodies an unwavering commitment to maintain the highest standards of integrity and transparency across its business. SAP has initiated an independent investigation spearheaded by a multinational law firm and overseen by Executive Board Member Adaire Fox-Martin to vigorously review... →

Explorer seeking partners to support its efforts to tap Mauritania’s mineral wealth

By: Ilan Solomons 7th July 2017 Mauritania has many mining investment opportunities, with economic, social and political conditions conducive to the pursuit of developing a sector considered strategic by the country’s government, says Oil, Energy and Mines Minister Dr Mohamed Abdel Vetah. He points out that the Mauritania... →

Top gold forecaster sees bulls heading for heartbreak on Fed

By: Bloomberg 6th July 2017 For top gold forecaster BNP Paribas SA, bullion bulls are up against a clear and present danger – the US Federal Reserve. The central bank’s plan to raise interest rates again this year while potentially reducing its balance sheet is negative for the non-interest bearing asset, says Harry... →

Sven Riddle takes up the reins at Propak Africa and Propak Cape

6th July 2017 Specialised Exhibitions Montgomery has announced the promotion of Sven Riddle to Event Director of the highly successful trade exhibitions Propak Africa and Propak Cape. Having thrived in the exhibition industry during the past four years, Sven Riddle is thrilled to be taking up the reins as... →

Local wine and olive oil sectors on show at Propak Cape

6th July 2017 Despite Africa taking over as the leading destination for exports from the Western Cape, the traditional export markets in Europe - mainly the UK, the Netherlands and Germany - remain important sources of foreign exchange reserves. The UK imported R1.5 billion worth of wine, R1.2 billion of... →

DTI-funded black industrialist firm to be launched in KZN

By: Anine Kilian 4th July 2017 Through its Black Industrialist Scheme (BIS), the Department of Trade and Industry (DTI) has granted R13.5-million in funding to establish a new black industrialist firm in Pinetown, KwaZulu-Natal. Trade and Industry Deputy Minister Bulelani Magwanishe will officiate the launch of the firm,... →

Fly-farm venture mulls two more SA sites, appoints heavy hitters as it expands

By: Irma Venter 4th July 2017 Waste-to-nutrient group AgriProtein will expand its presence in South Africa with two new fly-farming sites, while also growing its research and development function in the country, says CEO Jason Drew. AgriProtein started operations in Cape Town in 2015, launching the world’s first... →

Metair acquires 25.1% of German battery manufacturer in R111m deal

By: Irma Venter 4th July 2017 The JSE-listed Metair group has acquired a 25.1% shareholding in Germany-based battery manufacturer and supplier, Akkumulatorenfabrik Moll (Moll), at a cash price of €7.425-million (R111.4-million). Metair is a global manufacturer, distributor and retailer of energy storage solutions and... →

Transnet insists bond appetite remains as it again lowers capex forecast

By: Terence Creamer 3rd July 2017 State-owned logistics group Transnet has sought to refute reports that demand for its bonds had collapsed following the recent downgrades to South Africa’s credit rating, insisting that appetite for its bonds remains strong both domestically and internationally. CFO Garry Pita said the reports... →

Metal prices recovering, cost cuts boost liquidity for Emea's high-yield miners in 2017

By: Natasha Odendaal 30th June 2017 A rebound in capital spending from the deep cuts made in 2016 is expected this year, along with the resumption in some dividends as excess cash is built up, Moody’s Investors Service’s said on Friday. This followed the release of Moody’s yearly mining liquidity study, which showed recovering... →

Electra Mining Botswana attracting top names and industry support

26th June 2017 Leading local and international suppliers to the mining, industrial and power generation sectors have embraced the business growth opportunity that Electra Mining Botswana presents in the region. Komatsu Botswana, Atlas Copco Botswana, Hansen & Genwest, Cummins SA, Phoenix Contact, Worley Parsons... →

Norman Seymore

23rd June 2017 This week we feature Norman Seymore, CEO of Chryso Southern Africa and abe Construction Chemicals, as well as executive VP of Chryso Group, responsible for Africa and the Middle East. The group specialises in construction chemicals and construction systems →

Carpentaria weighing expanded Hawsons project

By: Esmarie Swanepoel 22nd June 2017 The demand for ASX-listed junior Carpentaria Exploration’s Hawsons supergrade product has significantly increased, with Taiwanese conglomerate Formosa Plastics Group increasing its uptake. Formosa has now increased its nonbinding letter of intent to purchase Hawsons supergrade product from... →

MB Crushers Distribution To Q-Fab In Qatar

21st June 2017 The italian company has confirmed exclusive agreement with the leading company in Qatar MB Crusher has appointed Q-FAB - Qatar Welding & Fabrication Supplies – as exclusive distributor for Qatar. “We’re very pleased to have confirmed this agreement – underlines Najmeddine Sahraoui, MB Crusher... →

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