R/€ = 16.41 Change: 0.37
R/$ = 14.75 Change: 0.40
Au 1316.45 $/oz Change: -8.61
Pt 1007.50 $/oz Change: -1.50


SAA views tie-up with Etihad as ‘platform’ for route rethink 

By: Terence Creamer     6th May 2013 National carrier South African Airways (SAA) indicated on Monday that the codeshare agreement signed with Etihad Airways, of the United Arab Emirates (UAE), formed part of its yet-to-be-announced long-term turnaround strategy by creating the “platform” for a network re-evaluation that could... 

Cheaper imports affect supply and demand in South African sugar industry

     26th April 2013 The South African Sugar Association (Sasa) reports that the local sugar industry is suffering, owing to imports from countries such as Brazil, which means that local consumption of South African-produced sugar is likely to be less than what the industry hopes for. Since April 2012, the amount of... 

Mind the Gap

By: Terence Creamer     26th April 2013 Although the outlook for economic growth across sub-Saharan Africa remains robust for the forthcoming three years, a new World Bank analysis has put its finger on a key policy problem now confronting just about all countries in the region.Its latest Africa's Pulse publication shows that poverty... 

Two out of three companies infected with hazardous computer bots

     26th April 2013 A study by security company Check Point of 900 companies in Europe, the Middle East, the Americas and Asia Pacific, including 35 companies in South Africa, found that 63% of the companies were infected with hazardous bots. “Many of the most serious threats remained hidden from network... 

Company Announcement: Altaaqa Global And Caterpillar Inc Signs IPP Agreement

By: Creamer Media Reporter      22nd April 2013 Caterpillar Inc. has entered into an international power projects agreement with Zahid Group, which recently formed a new subsidiary company, Altaaqa Global 

Toyota SA boss appointed as Africa CEO

By: Irma Venter     19th April 2013 Toyota South Africa Motors (TSAM) announced on Friday that its president and CEO, Dr Johan van Zyl, had been appointed as the CEO of Toyota in Africa, as part of a major restructuring announced by Toyota Motor Corporation (TMC) in Japan. The new position, which assigned all executive... 

BMW to launch electric, plug-in hybrid cars in South Africa during 2014

By: Irma Venter     19th April 2013 BMW will launch its alternative drive i3 and i8 models in South Africa next year, the German manufacturer has confirmed. This will follow on from the i3’s international unveiling this year, with the i8 to follow next year. 

Construction consultancy wins prestigious award

By: Joanne Taylor     19th April 2013 Programme management and construction consultancy Turner & Townsend was named Global consultant of the year at the NCE/ACE Consultants of the Year awards, in the UK, last month. 

Proctor & Gamble multicategory manufacturing plant project, South Africa

By: Sheila Barradas     19th April 2013 The plant will become one of the largest Proctor & Gamble facilities in Europe, the Middle East and Africa. 

Zimbabwe cracking down on unregistered engineers

By: Oscar Nkala     19th April 2013 The Engineering Council of Zimbabwe (ECZ) and the Zimbabwe Institution of Engineers (ZIE) have embarked on a nationwide programme to register all local and foreign engineers working projects across the country, amid concerns about an influx of unaccredited foreign engineers. 

Gilbarco, AFS sign agreement

By: Natalie Greve     17th April 2013 Global fuel services group Gilbarco Veeder-Root (Gilbarco) will acquire local fuel management technology group Automated Fuel Systems (AFS) to strengthen the products and services offered by both companies in the Southern Africa market. The acquisition, which had been approved by the South... 

Company Announcement: Fluor Awarded Clean Fuels Contract by SAPREF in South Africa

By: Creamer Media Reporter      16th April 2013 Fluor Corporation announced today that it was awarded a front-end engineering and design contract by South African Petroleum Refineries for its Clean Fuels II Project in Durban, South Africa 

Fluor wins Sapref Clean Fuels 2 FEED contract

By: Natalie Greve     16th April 2013 New York-listed Fluor Corporation has been awarded the front-end engineering and design (FEED) contract by South African Petroleum Refineries (Sapref) for its Clean Fuels 2 project, in Durban. The contract, of which the value was undisclosed, was booked in the first quarter of the year. 

African countries urged to rethink use of mineral revenues for poverty reduction  

By: Terence Creamer     15th April 2013 The outlook for economic growth across sub-Saharan Africa remained robust for the forthcoming three years, but a new World Bank analysis shows that poverty is not declining at a similarly robust pace, particularly in those African economies that are resource rich. The bank expects the economies... 

Company Announcement: AGCO Opens new Parts Warehouse in Johannesburg

By: Creamer Media Reporter      10th April 2013 AGCO, Your Agriculture Company, a worldwide manufacturer and distributor of agricultural equipment, celebrated the opening of its African Master Parts Distribution Center together with its local distribution partners in Johannesburg this week 

Data-centre transformation can help relieve IT pressures

By: Schalk Burger     5th April 2013 Virtualised data centres enable companies to use their servers and storage more effectively, generating a higher return on investment and reducing the pressure on their data centres, says application performance company Riverbed Technology Europe, Middle East and Africa senior director Nik Rouda.... 

IHS secures Côte d'Ivoire, Cameroon contracts

By: Natasha Odendaal     2nd April 2013 Africa-focused mobile infrastructure operator IHS has secured contracts for the operation of all France Telecom-Orange subsidiaries’ towers in Côte d'Ivoire and Cameroon. The 15-year deal with Orange subsidiaries Côte d'Ivoire Telecom, Orange Côte d'Ivoire and Orange Cameroon would see IHS manage... 

Event to tackle Africa’s water challenges

     29th March 2013 An estimated R570-billion is needed over the next ten years to maintain and expand South Africa’s water infrastructure, says events organiser Exhibition Management Services MD John Thomson. He notes that South Africa’s growing demand for clean, potable water continues to put pressure on resources... 


     29th March 2013 Kintetsu World Express (KWE) is an integrated global logistics company with a presence in Europe, the Middle East, East Asia, South-East Asia, Africa and the Americas. Its network covers a wide range of industries, including automotive, aerospace, agriculture, mining, power generation, oil and... 

Project Mthombo, Coega industrial development zone, South Africa

By: Sheila Barradas     29th March 2013 A full feasibility study into the proposed Project Mthombo refinery will be launched was launched on March 26. 

US group continues to market its latest multirole airlift aircraft to SA

By: Keith Campbell     29th March 2013 US aerospace and defence giant Lockheed Martin, which supplied the South African Air Force (SAAF) with its current strategic transport aircraft, the C-130BZ Hercules, believes that these need to be replaced within the next seven years. This year is the 50th anniversary of start of C-130BZ... 

Master Drilling awarded R1bn Kolomela contract

By: Idéle Esterhuizen     26th March 2013 JSE-listed drilling services provider Master Drilling has been awarded a contract worth in excess of R1-billion to provide Kumba Iron Ore with a ‘one-stop shop’ solution at its Kolomela mine, in the Northern Cape. The first of its kind for the group, the contract would see Master Drilling provide... 

Customer-focused turnkey solutions for pumps 

By: Samantha Herbst     22nd March 2013 Local mechanical seals manufacturer and product solutions provider John Crane South Africa has undergone a full-scale refurbishment and organisational change to boost its reputation as a turnkey solutions provider to local industries, including the pumps industry and its end-users.   

New Sapia chairperson highlights focus areas for 2013

By: Zandile Mavuso     22nd March 2013 The most significant challenges that the South African petroleum industry will face this year include the security of fuel supply, changes to the transformation framework and cost-recovery models for cleaner fuels, newly elected 2013 chairperson of the South African Petroleum Industry Association... 

P&G to build R1.6bn greenfield manufacturing facility in SA

By: Creamer Media Reporter      18th March 2013 Consumer goods manufacturer Procter and Gamble (P&G) will build a R1.6-billion greenfield manufacturing facility in South Africa, the company’s vice-chairperson in charge of its global business units Dimitri Panayotopoulos has revealed. Construction on the multicategory production plant would... 

15/03/2013 (On-The-Air) 

By: Martin Creamer     15th March 2013 South Africa’s home-grown company – Sasol – is planning to invest a colossal R190-billion in the US to become the biggest foreign investor in the State of Louisiana; South Africa has taken another step towards the local development of fuel-cell technology, which makes use of platinum mined in... 

M&R likely to take R200m hit on industrial unrest

By: Irma Venter     15th March 2013 Strike action in South Africa cost JSE-listed construction group Murray & Roberts an estimated R200-million in the six months ended December 31, says CE Henry Laas. A nationwide transport strike, for example, impacted on the delivery of the group’s construction products to clients. Violent... 

BMW’s i3 electric vehicle and i8 plug-in hybrid to make SA debut in 2014

By: Irma Venter     12th March 2013 BMW will launch its alternative drive i3 and i8 models in South Africa next year, the German manufacturer has confirmed. This will follow on from the i3’s international unveiling this year, with the i8 to follow next year. The i3 – previously known as the Megacity Vehicle – will be BMW’s first... 

Farmers struggling amid food price increases 

By: Yolandi Booyens     8th March 2013 Food prices in South Africa are drastically increasing, owing to continual electricity and fuel price hikes, as well as wage increases, which impact directly on the country’s food production sector, states Transvaal Agricultural Union South Africa (TAU SA) assistant GM Chris van Zyl. The... 

Greater openness to airfreight operators boosts economic growth, argues airline

By: Keith Campbell     8th March 2013 Allowing greater numbers of airfreight operators access to airports creates wider economic benefits for the country concerned, while restricting access hampers economic growth. “It is an established fact that the existence of an ‘open skies’ airport gives increasing capacity and grows not only... 

South African, world business growing – Emirates

By: Keith Campbell     8th March 2013 The cargo division of Dubai-based international airline Emirates, which is branded as SkyCargo, is reporting good airfreight traffic to and from South Africa. “With South Africa we have quite a nice mix of cargo,” says South Africa-based SkyCargo senior cargo sales executive Muhammad Cassim.... 

Company Announcement: 140 Years Young in 2013!

     7th March 2013 Industrial Group, Atlas Copco, world-leading specialist in compressors, construction and mining equipment, power tools and assembly systems that deliver sustainable customer solutions, celebrated 140 years of global success on 21st February 2013 

Africa offers greatest freight, shipping growth potential

By: Natalie Greve     6th March 2013 While beleaguered by inadequate infrastructure and complex customs regulations, Africa’s emerging economy offered the greatest potential for growth and expansion in the freight and shipping market, said DHL Europe, the Middle East and Africa Global Forwarding CEO Thomas Nieszner. “Although the... 

Company Announcement: Oiltanking Grindrod Calulo (Pty) Ltd Acquires Two Liquid Bulk Terminals in South Africa

     1st March 2013 Oiltanking GmbH, Grindrod Ltd and Calulo Investments (Pty) Ltd today announced that through their South African joint venture associate company, Oiltanking Grindrod Calulo (Pty) Ltd they have entered into an agreement to acquire the business of Grindrod Tank Terminals a division of Grindrod... 

Company Announcement:International Solutions on Show at Watertec Africa

     1st March 2013 South Africa’s growing demand for clean, potable water continues to put pressure on resources and infrastructure, a trend that is common all over Africa 

Antonov to give African charity operations a lift

By: Keith Campbell     1st March 2013 Russian aviation company UTAir and South African business aviation company ExecuJet have donated an Antonov An-2 utility aircraft to support charity operations in Southern Africa. (The two companies have had close relations at group level for many years.) It is hoped that, with the support of... 

Flash storage thin-client enables remote CAD, CAM desktops

By: Schalk Burger     1st March 2013 The processing requirements to run computer-aided design (CAD) and computer-aided manufacturing (CAM) engineering programs means engineers often cannot work on these drawings and designs from a construction or manufacturing site and, subsequently, must return to their offices to update or modify... 

Company Announcement: SAITEX Attracts Massive Chinese Exhibitor Interest

     28th February 2013 Chinese companies will make up a significant amount of all exhibitors taking part in this year’s Tools, Hardware and Building Supplies expo, a component show of the phenomenally successful Southern African International Trade Exhibition  

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