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Weak growth, rising debt could trigger deeper downgrades – SARB

By: Reuters     24th November 2017 South Africa's failure to stabilise the country's fiscal situation could see its credit rating downgraded deep into junk territory, the central bank said on Friday, just hours before two rating agencies were due to announce their decisions. Africa's most industrialised economy is on the brink of... 

SEW-EURODRIVE confirms its presence at bauma CONEXPO Africa 2018

     24th November 2017 SEW-EURODRIVE South Africa has confirmed its  presence at bauma CONEXPO Africa 2018 from 13 to 16 March 2018 at the Johannesburg Expo Centre in Hall 5, Stand D30. Attending this premier exhibition for the mining and construction industry in Africa is part and parcel of the company’s strategy to... 

Key to the Slurry Pump Aftermarket

     24th November 2017 Wada Group, a major manufacturer and service provider that delivers ideal alternative pump solutions for the mineral processing and mining industries, specialises in mineral processing equipment, providing slurry pumps, as well as rubber, metal wear parts and other spares. Wada not only services... 

Syrah moves into operations at Mozambique mine

By: Mariaan Webb     24th November 2017 Australia-based Syrah Resources has produced its first saleable flake graphite from the Balama project, in Mozambique, and is now targeting production of 160 000 t to 180 000 t next year. The first bagged saleable flake graphite production was produced within an expected grade range of more than... 

Steel Awards 2017 confirms LSFB growth

     24th November 2017 This year’s annual Steel Awards, hosted by the Southern African Institute of Steel Construction, showed excellent growth for the South African light steel frame building (LSFB) industry, with more than 25 000 m2 represented in category entries. The awards, which took place on September 13, saw 19... 

Outdoor gym sites increase

By: Nica Schreuder     24th November 2017 With there being an increase in steel-constructed outdoor gym equipment nationally, Johannesburg-based outdoor gym equipment manufacturer Lani Service Centre has contacted self-lubricating bearings and bushes manufacturer Vesconite to provide hard-wearing, self-lubricating bushings for the... 

Declining industry could compromise steel industry quality standards

By: Nica Schreuder     24th November 2017 Cost-cutting measures have been forced upon companies that wish to remain in business in the steel construction and cladding sector, however, this could have a major impact on product safety and performance, with price considerations often taking precedence over quality and safety.... 

Here is why CR17 is not ahead in ANC leadership race 

By: Aubrey Matshiqi     24th November 2017 In a matter of weeks, the African National Congress (ANC) will elect its fourteenth president. Depending on who or what section of the media one believes, it is either Cyril Ramaohosa (CR17 to his supporters) or Nkosazana Dlamini-Zuma (NDZ) who is, as they say, ‘miles ahead’. This is not... 

Precision control boosts productivity on Bobcat E55 compact excavator

     23rd November 2017 Precision control of the boom, arm, and bucket is critical in harsh operating environments such as Africa. It is for this reason that Bobcat Equipment South Africa is punting the Bobcat E55 compact excavator as the toughest and most efficient machine on the market today. Precision control and... 

Terrapinn events inspire and transform business.

     22nd November 2017 We’ve been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together. Discussing and demonstrating the technology, strategies and personalities that are changing the way the world... 

Eskom’s ‘death spiral’ under the microscope

By: Terence Creamer     21st November 2017 A major topic of discussion during recent public hearings into Eskom’s 2018/19 revenue application, was whether a further double-digit tariff hike could trigger a “utility death spiral”, whereby rising tariffs and utility costs spark an exodus of energy-intensive customers from the network,... 

Scheduling confusion for Private Electricity Generators

     21st November 2017 On 10 November 2017, the Minister of Energy gazetted a notice which amended and substituted Schedule 2 to the Electricity Regulation Act, 2006 (“ERA”). This amendment was done in accordance with the Minister’s powers in terms of section 36(4) of the ERA which empowers the Minister to do so. While... 

Value-adding and compliant labelling solutions for the agrochemical industry

     21st November 2017 In the interests of keeping customers and the environment safe – and, of course, to comply with the stringent legislation governing packaging and labelling in this industry – agrochemical companies have to ensure that they communicate a large volume of product information on pack, in the correct... 

Rhodes Food's FY17 performance dragged by international operations

By: Natasha Odendaal     21st November 2017 The headline earnings of JSE-listed Rhodes Food declined by 19.1% to R237-million for the financial year ended October 1, as regional gains were offset by a disappointing international performance. Diluted headline earnings a share decreased by 27% to 93.4c for the year under review, with... 

Science Of Transfer Chute Design Lowers End User Costs

     21st November 2017 Its scientific approach to the design and engineering of transfer chutes has made Germiston-based Weba Chute Systems a leader in its field, saving customers millions in plant efficiencies, longer equipment life and easier maintenance. “We invest thousands of research hours into understanding the... 

Heavy Kwatani Screen For Gamsberg

     21st November 2017 Spartan-based vibrating screen specialist Kwatani, driven by its aggressive cost leadership strategy, is supplying a large exciter-driven grizzly feeder and a sizing screen to the Gamsberg zinc project near Aggeneys in South Africa’s Northern Cape Province. As the flagship of miner Vedanta Zinc... 

Technical Support Brings Customised Applications Solutions To The Fore

     21st November 2017 When economic pressure increases, companies often adopt a cautious stance. Conversely, Countapulse Controls has survived by instituting technological innovation in the face of socio-economic uncertainty. In its more than 60 years in business, this leading supplier of sensing solutions has created... 

Dawn’s turnaround plan starts to yield results

By: Anine Kilian     20th November 2017 Despite tough economic conditions in South Africa, JSE-listed Distribution & Warehousing Network (Dawn) narrowed its loss by 71% to R105-million for the six months to September 30, compared with a loss of R367-million in the first half of the prior financial year. Dawn CEO Edwin Hewitt commented... 

Glencore CFO to assist Katanga in strengthening its corporate governance

By: Natasha Odendaal     20th November 2017 JSE- and LSE-listed Glencore has nominated three directors, including its CFO Steve Kalmin, to serve on the board of subsidiary company, TSX-listed Katanga Mining. The three directors will work with Katanga’s independent directors to implement the required remediation measures to strengthen... 

Astral Foods trumps difficult trading period with sterling FY17 results

By: Megan van Wyngaardt     20th November 2017 JSE-listed Astral Foods on Monday attributed the 96.8% increase in headline earnings a share to R18.99 for the year ended September 30 to the recovery in poultry profits during the second half of the financial year. “Stable prices for poultry products during the winter months, together with... 

Upat supplies best professional power-tool brand in the world

     20th November 2017 The most reliable and resilient professional power tools available on the market today are supplied locally by leading distributor Upat of Johannesburg. Established in 1924 in the US, Milwaukee is arguably the best power-tool brand in the world, according to Upat Product Specialist Werner Koch.... 

Accelerate ends half-year on strong note, acquires Poland portfolio

By: Megan van Wyngaardt     20th November 2017 Despite the uncertain macroeconomic and political environment, the value of Accelerate Property Fund’s property portfolio increased by 30% year-on-year to R11.8-billion in the six months ended September 30, resulting in a total gross lettable area (GLA) of 637 577 m², it said on Monday. The... 

Bushveld’s Vametco subsidiary achieves solid Q3 performance

By: Mia Breytenbach     20th November 2017 Aim-listed Bushveld Minerals’ Bushveld Vametco subsidiary put in a solid performance for the third quarter ended September 30, which was supported by a rising vanadium price that traded at an average of $39.40/kg. Bushveld Minerals and Yellow Dragon Holdings in April jointly acquired Bushveld... 

Continued apartment demand supports Balwin’s top-line growth in H1

By: Mia Breytenbach     20th November 2017 Despite a tough operating environment, residential property developer Balwin Properties continued to perform well in the six months ended August 31, with the group’s revenue up 19% year-on-year to R894-million. The increase was driven by good sales volumes, which were in line with forecasts,... 

Savannah completes construction of Mutamba pilot plant, commissioning under way

By: Mia Breytenbach     20th November 2017 Aim-listed resource development company Savannah Resources has completed construction of the pilot plant for its bulk metallurgical test work programme at the Mutamba mineral sands project, in Mozambique. The Mutamba project, located in the Gaza and Inhambane provinces, is being developed in a... 

First commercial solar insurance launched in South Africa

By: African News Agency      20th November 2017 South African firms All Power Systems and Synthesis said on Monday they had launched the country’s first commercial solar savings insurance to protect companies from risks associated with adverse weather and system failure. In a statement, the companies said firms using rooftop solar energy faced... 

Maintenance Free Handrailing

     20th November 2017 Stainless steel tubular handrailing still outranks its competitors, and Andrew Mentis confirms that demand for this product remains consistent. Corrosion resistant and maintenance free, stainless steel handrailing is the first choice in numerous applications including corrosive and damp... 

Total plug-and-play solution for condition monitoring of equipment

     20th November 2017 A multi-channel, complete plug-and-play solution for condition monitoring of equipment is available from FAG, distributed locally by leading supplier Bearings International (BI). The FAG SmartQB is a ready-to-use, preconfigured condition monitoring system for electric motors, fans, compressors,... 

Tesla truck supercharges hopes for boom in battery metals demand

By: Bloomberg     19th November 2017 Tesla’s plans to roll out an all-electric big rig have given a fresh jolt to the outlook for battery metals that will go into powering the truck founder Elon Musk is calling “The Beast.” Banks including Goldman Sachs Group, UBS Group and Bank of America are already forecasting a surge in demand... 

Schréder And Huawei Announce Strategic Partnership To Light And Connect The City With Shuffle Site

     17th November 2017 At the Eighth Global Mobile Broadband Forum, Huawei, with the leading global outdoor lighting solutions provider Schréder, launched the Shuffle Site, a multi-functional light column co-developed by the two companies. Shuffle Site is based on the modular Shuffle lighting-based system and the... 

New $200 000 Tesla Roadster speeds in front of electric big-rig truck

By: Reuters     17th November 2017 Tesla Inc upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200 000 sports car would be the fastest production car ever. The showmanship wowed the crowd although some analysts’... 

Nissan South Africa confident of delivering on long-awaited investment promise in 2018

By: Irma Venter     17th November 2017 Vehicle manufacturer Nissan in 2012 confirmed plans to invest R1-billion in its Rosslyn plant, in Pretoria, to build a new one-ton pick-up, with capacity at the plant to be increased to around 100 000 units a year. Local production of the new model was set to start in 2014. 

Geosynthetic products produce a sealing barrier for diverse applications

By: Simone Liedtke     17th November 2017 Geosynthetic products manufacturer and supplier Fibertex South Africa (SA) distributes a comprehensive range of NAUE Geosynthetics products designed for use as efficient sealing barriers, in a range of diverse applications, including construction projects. 

Value-for-money centrifugal pumps to change process

     17th November 2017 The food and beverage industry is continuously looking for solutions to increase production efficiency with extremely high system pressure applications becoming more common, especially in typical reverse osmosis applications for whey, wine and beer filtration. 

DCD success in winemaking opens new markets

     17th November 2017 Having proven that its Disruptor technology is more than suitable for the winemaking and beer sectors, South African biotechnology company Green Cell Technologies (GCT), states that it has turned its attention to the lucrative fruit sugar concentrates market. 

Nissan SA confident of delivering on long-awaited investment promise in 2018

By: Irma Venter     17th November 2017 Vehicle manufacturer Nissan in 2012 confirmed plans to invest R1-billion in its Rosslyn plant, in Pretoria, to build a new one-ton pickup, with capacity at the plant to be increased to around 100 000 units a year. Local production of the new model was set to start in 2014. 

Shipments of SA sugar resume after storm-related repairs to terminal

By: Victor Moolman     17th November 2017 A shipment of 31 000 t of bulk raw sugar was dispatched to London, in the UK, from Durban’s Maydon Wharf, in South Africa, earlier this month. This shipment aboard the cargo ship Centurius marks the third export of sugar to a European Union (EU) country after the instatement of the new Southern... 

EM poised to take advantage of renewed growth opportunities in 2018

     16th November 2017 ElectroMechanica’s (EM’s) significant investment in its internal processes in 2017 will stand it in good stead to reap the benefits of renewed growth in the New Year, EM Sales and Marketing Director Richard Nobbs comments. Describing 2017 as a year of “real development and structural change,”... 

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