http://www.engineeringnews.co.za
R/€ = 15.40 Change: -0.13
R/$ = 13.71 Change: -0.09
Au 1337.77 $/oz Change: -1.06
Pt 1053.50 $/oz Change: -1.00
 

Topic

Coal India plans to re-enter Mozambique

By: Ajoy K Das     23rd September 2016 Less than a month after formalising its exit from developing coal blocks in the Tete province of Mozambique, Coal India Limited (CIL) is planning to re-enter the African country in search of a new project. According to a CIL official, the Indian miner will approach the Mozambique government for... 

Entrepreneurs form joint venture to boost renewable energy service

By: Dylan Slater     23rd September 2016 With over 600-million people in Africa living without electricity, four entrepreneurs have joined forces in an effort to reduce this volume of people without access to electricity with the formation of renewable energy company ePower Holdings.  

Limpopo’s proposed SEZ attracts R40bn investment

     23rd September 2016 A significant investment is already expected to be injected into the proposed Musina-Makhado Special Economic Zone (SEZ) - a boost for the energy and metallurgical industries. A consortium of Chinese investors led by Hong Kong Mining Exchange, will be investing more than R40-billion into an... 

South32 aluminium production unchanged in FY2016

By: Simone Liedtke     23rd September 2016 Mining resources company South32 announced in its full report for the 2016 financial year that South Africa aluminium saleable production was largely unchanged in, as the impact of electricity load-shedding events were lower than expected, particularly in the December 2015 half-year. 

Bribery, corruption a high risk when conducting business in South Africa – lawyer

By: News24Wire      22nd September 2016 Doing business in South Africa comes with a high risk of being drawn into corrupt activities, including bribery, law firm ENS Africa said on Thursday. This was according to a 2016 antibribery and corruption survey conducted by the firm. 

Emerging economies to drive global speciality chemicals growth

By: Anine Kilian     21st September 2016 The consumption of speciality chemicals globally is expected to increase by 5% between 2015 and 2019, driven primarily by emerging markets, says Frost & Sullivan Chemicals Materials and Food Industry analyst Constance Nyambayo. Countries that have traditionally been at the forefront of the... 

RSR safety report to be released in October

By: Anine Kilian     19th September 2016 Compared with its Southern African counterparts, South Africa is doing well in terms of rail safety, says Railway Safety Regulator (RSR) CEO Nkululeko Poya. Speaking ahead of the release, in October, of the RSR’s yearly State of Safety report, he reiterated that the regulator was targeting the... 

Market-share gains, not market, help lift WBHO’s performance

By: Irma Venter     16th September 2016 One of the main drivers behind Wilson Bayly Holmes-Ovcon’s (WBHO’s) healthy jump in profit in the 2016 financial year was the company’s success in grabbing a bigger share of the market, rather than an improving domestic environment, says CEO Louwtjie Nel. A strong push in the building sector saw... 

A 100-year-old coal mine in Australia restarts as prices double

By: Bloomberg     14th September 2016 Jindal Steel & Power has ramped up production at a 100-year-old coking coal mine in Australia and is set to resume operations at another in Mozambique as prices for the commodity more than doubled this year. The New Delhi-based company is producing about 100 000 metric tons a month at Wongawilli... 

Qatar considers joining Exxon's Mozambique gas move

By: Reuters     12th September 2016 Qatar Petroleum is interested in the Mozambique gas business of Italian energy group Eni and could opt to join Exxon Mobil in buying a multibillion-dollar stake, sources familiar with the matter said. State-controlled Eni is looking to reduce a 50% stake in its giant Mozambique gas acreage as... 

Sasol insists gearing will fall rapidly once Louisiana project enters production

By: Terence Creamer     12th September 2016 Energy and chemicals group Sasol expects its capital expenditure (capex) to rise to R75-billion in 2017 and its balance sheet gearing to increase to between 25% and 35%, following the upward revision to the budget of the Lake Charles Chemical Project (LCCP), in the US, to $11-billion, from an... 

Vitol plan to buy Gupta coal terminal stake may be thwarted

By: Bloomberg     12th September 2016 Vitol Group’s plans to buy a stake in Africa’s biggest coal terminal from a company controlled by South Africa’s Gupta family, who are friends of President Jacob Zuma, could be thwarted by the preemptive rights held by existing shareholders in the export facility, people familiar with the matter... 

Fluor Receives Award for Project Excellence

By: Creamer Media Reporter      9th September 2016 The prestigious Hugh K. Coble award was recently presented to Fluor South Africa for the Natref Clean Fuels II/Octane Project located in Sasolburg, South Africa. Fluor was awarded a contract by Sasol Group Technology in June 2013 to perform basic engineering services associated with the Natref... 

Grindrod reports some interest in locomotive unit despite weak market

By: Irma Venter     9th September 2016 A depressed commodities market continued to takes its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared with... 

SAIW continues to make significant contributions to education

By: Victor Moolman     9th September 2016 Despite there being a decline in enrolments in inspector and competent persons courses for welding, the Southern African Institute of Welding (SAIW) continues to be well positioned to make a significant contribution to capacity building through its education and training programmes. 

Botswana, Mozambique and Zimbabwe revive plan for inter-regional railway project

By: African News Agency      8th September 2016 The governments of Botswana, Zimbabwe and Mozambique have signed a Memorandum of Understanding for the construction of a regional railway line to link Francistown in Botswana to the Mozambican port of Techobanine, through Bulawayo, in Zimbabwe. Once completed, the Port Techobanine Inter-Regional... 

Exciting New Solar Energy Company Set to Light Up Communities All Over Africa

     8th September 2016 The world is moving towards clean renewable resources yet in Africa, we still have over 600 million people living without electricity.   Statistics such as these are easy to overlook. Four entrepreneurs Tariq Yusuf, Brent Peterson, Rudi van der Westhuizen and Thlopie Motsepe have joined forces to... 

VinPro steps up soil consultation

     8th September 2016 VinPro now provides even more specialised advice following the addition of soil scientist Johan de Jager to the wine industry organisation’s consultation team. Before joining VinPro, Johan was a soil scientist and agriculturist at SGS Nviro Crop in Potchefstroom. He specialised in soil surveys,... 

FNB shows strong growth as customers seek greater value in tough climate

     8th September 2016 FNB produced excellent results for the year to 30 June with profits in the South African market up 11% and when including FNB Africa up 8%. Concerted initiatives saw the bank gain customers with FNB Premium and Business Banking areas growing customers by 10% and 14% respectively.   “The bank’s... 

Aussie drought aid for Southern Africa

By: African News Agency      8th September 2016 The Australian Government will provide further support to southern Africa in response to the acute food shortages caused by severe El Niño conditions in the region. Australian foreign minister Julie Bishop has announced that Australia will give another 10-million Australian dollars to the World... 

Rapid expansion strategy for One Channel

     8th September 2016 Local business solutions provider One Channel is expanding at a rapid pace throughout Africa, largely as a result of traditional mid-market ERP specialists looking for a true-cloud, post-modern ERP solutions for their medium to large customers. In less than a year, One Channel has appointed more... 

World Bank advises Zambia to stop power and fuel subsidies

By: African News Agency      6th September 2016 The World Bank has advised the Zambian government to cut its expenditure bill by dropping a fuel and power subsidy programme which gobbles nearly $600-million in public funds from the treasury annually. In its latest country-focused cost-cutting advisory report, the global financial institution... 

Building market buoys WBHO to R991m in operating profit

By: Irma Venter     6th September 2016 One of the main drivers behind Wilson Bayly Holmes-Ovcon’s (WBHO’s) healthy jump in profit in the 2016 financial year was the company’s success in grabbing a bigger share of the market, rather than an improving domestic environment, said CEO Louwtjie Nel on Tuesday. A strong push in the building... 

High-tech ‘cyber’ drill rig makes presence felt in Mozambique bush

By: Terence Creamer     5th September 2016 In stark contrast to its rugged surroundings in the Temane bush and not far from the picturesque Mozambican coastal town of Vilanculos, one of the highest-technology drill rigs yet to be deployed in Africa rises out of the orange-brown earth and towers over the surrounding bush. The rig – known... 

Vitol said to mull Guptas’ stake in South African coal terminal

By: Bloomberg     2nd September 2016 Swiss commodities trader Vitol Group is interested in buying a stake in South Africa’s Richards Bay Coal Terminal from a company controlled by the Gupta family, according to a person with knowledge of the matter. Buying the stake in Africa’s biggest coal export facility from Optimum Coal Holdings... 

African industry urged to use oil downturn to address regulatory uncertainty

By: Schalk Burger     2nd September 2016 Though the depressed global oil price has led to reduced activity in the oil and gas sector across Africa, the industry should improve skill levels and governments should improve regulatory frameworks and licence systems to prepare for when price and activity increases, says PwC Africa Oil and... 

Industry challenges blunt investment in oil and gas sector

     2nd September 2016 Demand for oil and gas from markets in Africa remains high but low crude prices combined with poor physical infrastructure, inadequate logistical solutions and onerous government regulations have blunted investment in oil and gas field development, says independent oil and gas company SacOil... 

The army must be in charge of new border control unit

By: Kelvin Kemm     2nd September 2016 I read that there is something of a battle going on between the South African Police Service (SAPS), the National Treasury the Department of Home Affairs over who gains control of the proposed border control entity. This new entity has been under consideration for some time.  It is expected that... 

AFC commits $3m to Ncondezi development

By: Megan van Wyngaardt     31st August 2016 The Africa Finance Corporation (AFC) has committed an additional $3-million loan facility to Ncondezi Energy to fund ongoing project development costs at its 300 MW coal-fired power project in Tete, Mozambique. The loan, which will be paid in two tranches, will be used to cover costs not included... 

CIL seeks coking coal in S Africa as it exits Mozambique project

By: Ajoy K Das     30th August 2016 Coal India Limited’s (CIL’s) proposed collaboration with South African State-owned African Exploration Mining and Finance Corporation (AEMFC) is expected to focus on coking coal in the African nation, with India facing limited opportunity to ramp up domestic production of the dry fuel. The CIL... 

SA to cease membership of SADC Troika on Politics, Defence and Security Cooperation

By: African News Agency      29th August 2016 South Africa is to end its membership of the Southern African Development Community (SADC) troika on politics, defence and security, the Presidency has revealed. “South Africa will cease to be a Member of the Organ Troika on Politics, Defence and Security Cooperation on 30 August 2016 when the... 

Vale says crown-jewel deal unlikely this year

By: Bloomberg     26th August 2016 Vale SA, the top iron-ore miner, is poised to complete coal and fertilizer sales this year, while a deal involving its most prized assets probably will take longer, according to its investor relations chief. The Rio de Janeiro-based company, which is grappling to reduce one of the industry’s... 

Natural gas a more affordable selection

     26th August 2016 Apart from natural gas being a low carbon dioxide-emitting, affordable carbon fuel source used globally, within the Southern African context, natural gas is used in domestic, commercial, industrial and specialised environments owing to the Pressure Equipment Regulations (PERs) established to... 

Process Pipe

By: Zandile Mavuso     26th August 2016 With 47 years’ expertise in the pipes industry, wholesale carbon and mild steel pipes, fittings and flanges wholesaler Process Pipe has established a national footprint in South Africa, with branches in Gauteng (Alrode), KwaZulu-Natal (Jacobs) and two branches in the Western Cape (Belville and... 

Southern African piped gas industry booming

     26th August 2016 With the availability of natural gas in countries such as Mozambique and Namibia, coupled with the discovery of gas reserves offshore Mozambique and South Africa, the piped gas industry in Southern Africa is undergoing rapid expansion, says the Southern African Gas Association (Saga). In November... 

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

By: Irma Venter     25th August 2016 A depressed commodities market continued to take 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... 

Zimbabwe energy distributor scales up debt recovery rate

By: African News Agency      25th August 2016 The country’s energy distributor, Zimbabwe Electricity Transmission and Distribution Company (ZETDC), has intensified its efforts to recover more than $1-billion in debt owed to it by consumers. Of the total debt, domestic consumers account for $300-million. 

Syrah awards construction contract for Mozambique project

By: Creamer Media Reporter      25th August 2016 Engineering and construction company Kentz Engineers and Contractors has won the structural, mechanical and piping construction contract at Australian firm Syrah Resources’ Balama graphite project, in Mozambique. Kentz, which is a member of the SNC-Lavalin Group, has successfully operated in... 

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 Close