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SEW-EURODRIVE launches new solution to cut costs in materials-handling supply chain

     16th March 2018 The latest trend in materials-handling has seen sectors such as warehousing, packing, and pick-and-place use cheaper components for light-load conveyor applications in order to reduce total supply-chain costs. In response to this latest customer requirement, SEW-EURODRIVE South Africa has... 

Wind body dismisses as ‘false’ link between IPPs and tariffs surge

By: Terence Creamer     16th March 2018 The South African Wind Energy Association (SAWEA) has dismissed as a “falsehood” claims by the National Union of Metalworkers (Numsa) and Transform RSA that the 27 renewable-energy projects, which the two organisations are seeking to block through a court challenge, will raise the cost of... 

Renewables advisory firm still bullish on South African prospects despite setbacks

By: Terence Creamer     16th March 2018 International renewable-energy advisory firm K2 Management remains convinced that, despite recent setbacks, the role of wind and solar will continue to rise in the South African electricity mix. Therefore, the company is preparing to expand its presence in the country, as well as the rest of... 

Suzuki sales jump 57% in 2017, starts 2018 with 88% growth

     16th March 2018 Suzuki Auto South Africa (SASA) saw sales in the domestic market jump by 57% in 2017, to 8 847 units, up from 2016’s 5 631 units. It appears as if the Japanese manufacturer may have another blistering sales year ahead of it, with sales for the first two months of 2018 88% higher than the same... 

Iron-ore gives South Africa’s January mining output a boost

By: Marleny Arnoldi     16th March 2018 Mining production increased by 2.4% year-on-year in January, bolstered by strong growth in iron-ore production and “other” non-metallic minerals, Statistics South Africa figures how. The January growth compares with a contraction of 0.5% in December. 

Despite bitcoin craze, bullion unlikely to lose its status as a major investment vehicle – economist

By: Nadine James     16th March 2018 Although some economists regard cryptocurrencies – bitcoin being the most popular – as a fad, others, such as Nascence Advisory director and economist Xhanti Payi, remain open-minded, unwilling to write off a potentially disruptive technology with massive implications for global economic... 

Drive units ensure energy savings in food and beverage industry

By: Melissa Zisengwe     16th March 2018 Automation and drive specialist SEW Eurodrive South Africa has sold about 200 of its synchronous MOVIGEAR units to date. This includes a single order of 65 for a major abattoir, which indicates the popularity of the MOVIGEAR unit in the food and beverage industry.  

Investments in business controls result in shift in economic crime detection

By: Schalk Burger     16th March 2018 Investments made to detect fraud and corruption have resulted in more of these economic crimes being detected by corporate controls and oversight mechanisms, corporate services multinational PwC Forensics Services partner Trevor White says. Detailing the findings for South Africa of the... 

Joint SA-UK research programmes going well

By: Rebecca Campbell     16th March 2018 South Africa is one of the most successful partner countries for the UK in terms of scientific research and technological development. “The scale of [research and development (R&D)] institutional links and Governmental links are enormous,” highlights British High Commission (Pretoria) UK Regional... 

Is there a plan?

By: Terence Creamer     16th March 2018 The change to South Africa’s electricity balance over the past few years has been well documented. Nevertheless it is still quite remarkable. The National Energy Regulator of South Africa (Nersa) now estimates that excess capacity will be about 3 912 MW in 2018/19. In fact, in its reasons for... 

Sarens siba

     16th March 2018 It is the mission of heavy-lifting and engineered transport specialist Sarens to be the reference in crane rental services, heavy lifting and engineered transport. Understanding the need for change and transformation in the South African market, as well as the need to incorporate previously... 

Free State natural gas project, South Africa

By: Sheila Barradas     16th March 2018 Renergen expects to become a significant global producer of helium when its Virginia project starts production in 2019. 

Numsa supports renewable energy, wants job security

By: Sane Dhlamini     15th March 2018 The National Union of Metalworkers of South Africa (Numsa) on Thursday said its opposition to Eskom’s power purchase agreements with independent power producers (IPPs) was because the State had not consulted workers on the impact of the deal. Numsa and Transform RSA used the courts to block the... 

R2.1bn top-up deal takes PPC SA BEE shareholding to 30%

By: Schalk Burger     15th March 2018 Cement producer PPC on Thursday announced details of its R2.1-billion top-up black economic empowerment (BEE) scheme that, together with the BEE shareholding from two previous transactions, will result in an effective 30% BEE shareholding at the PPC South Africa level. The PPC Phakama... 

Regulation still a constraint, despite potential benefits of IoT

By: Schalk Burger     14th March 2018 The regulatory framework and new regulations governing the applications and use of new technologies is still restrictive and does not make allowance for Internet of Things (IoT) use cases that can improve efficiencies and benefit civil society, speakers at the IoT Forum Africa, in Midrand, said... 

Energy-intensive firms say carbon tax wrong tool for reducing power emissions

By: Terence Creamer     14th March 2018 The Industry Task Team on Climate Change (ITTCC), which includes many of South Africa’s largest mining and industrial companies, says the proposed carbon tax will have no material impact on reducing carbon emissions from the electricity sector, which is responsible for around half of the... 

Commission refers Takata to tribunal for alleged price fixing, collusive tendering

By: Creamer Media Reporter      14th March 2018 The Competition Commission has asked the Competition Tribunal to prosecute global airbag and seatbelt manufacturer Takata Corporation and its South African subsidiary Takata South Africa (SA) for alleged price fixing, market division and collusive tendering. An investigation by the commission... 

High levels of crime may force PRASA to cancel services on certain routes

By: Irma Venter     14th March 2018 Continued high levels of crime on certain urban rail corridors may “eventually leave the Passenger Rail Agency of South Africa (PRASA) with no choice” but to cancel its services on these routes,  says the agency. The State-owned PRASA says while it continues to engage with the dedicated rapid... 

Busa optimistic of South Africa’s economic prospects

By: Marleny Arnoldi     13th March 2018 Business Unity South Africa (Busa) is optimistic about South Africa’s economic prospects following meetings with investors and ratings agencies in London this week.  

January manufacturing output up 2.5% y/y

By: Reuters     13th March 2018 South Africa's manufacturing output rose 2.5% year-on-year in January after expanding by a revised 1.8% in December, Statistics South Africa said on Tuesday. Factory production on a month-on-month basis was down 1.6% and rose 1.8% in the three months to January compared with the previous three... 

Groupe PSA to assemble Peugeot, Opel vehicles in Namibia

By: Irma Venter     13th March 2018 Groupe PSA has signed an agreement with the Namibia Development Corporation (NDC) to assemble Peugeot and Opel vehicles in Walvis Bay. Groupe PSA is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. 

Metrorail train hijackings a ticking time bomb, warns union

By: Irma Venter     13th March 2018 It is only a matter of time before the Passenger Rail Agency of South Africa (PRASA) will be forced to face another derailment or serious accident on its Metrorail lines, says United National Transport Union (UNTU) spokesperson Sonja Carstens. “PRASA is sitting on a ticking time bomb.” 

Stone Age people in South Africa unharmed by supervolcano eruption

By: Reuters     13th March 2018 A supervolcano eruption about 74 000 years ago on Indonesia's island of Sumatra caused a large-scale environmental calamity that may have decimated Stone Age human populations in parts of the world. But some populations, it seems, endured it unscathed. Scientists on Monday said excavations at two... 

Legal challenge a hurdle, but 'not end of the road' for renewables

By: Terence Creamer     13th March 2018 The excitement associated with Energy Minister Jeff Radebe’s move to end two years of confidence-sapping uncertainty in South Africa’s independent power producer (IPP) market, turned to frustration on Tuesday when the signing of agreements for 27 renewable-energy projects was voluntarily delayed... 

Scientists call for greater action on climate change

By: Megan van Wyngaardt     12th March 2018 The Academy of Science of South Africa (ASSAf) has joined the global science community in calling on the Commonwealth Heads of Government to use the best available science to guide action on climate change. The call forms part of a Consensus Statement on Climate Change, launched on Monday by 22... 

Coal miner Exxaro declares innovation an imperative 

By: Martin Creamer     12th March 2018 Coal mining company Exxaro Resources, which sees modernisation and innovation as imperatives, will this year announce new partnerships to ensure that it remains sustainably competitive going into the future. The Johannesburg Stock Exchange-listed black-led company, which has already met... 

The high costs of inferior lubricants

By: Creamer Media Reporter      12th March 2018 If you are a fleet manager in the trucking, mining, power generation, construction or earth-moving industries, you no doubt keep a keen eye on the TCO (Total Cost of Ownership) of your assets. 

SAP appoints industry expert Cathy Smith to lead Africa

     12th March 2018 SAP Africa today announced the appointment of Cathy Smith as Managing Director. Cathy brings more than 25 years of leadership and technology experience to the role and is the first female leader of SAP Africa.   Steve Tzikakis, Regional President for EMEA South at SAP, says Cathy is an... 

South Africa to make tariffs submission as Trump leaves door open for exclusions

By: Terence Creamer     9th March 2018 The Department of Trade and Industry (DTI) says it is studying US President Donald Trump’s proclamations to impose a new 10% tariff on aluminium products and a new 25% tariff on steel products from March 23. However, the department also confirmed that it would be making a formal submission to the... 

Tribunal approves Sinopec’s $900m acquisition of Chevron SA with conditions

By: Nadine James     9th March 2018 The Competition Tribunal has approved Hong Kong-based Sinopec’s proposed $900-million acquisition of a 75% interest in Chevron South Africa (CSA), subject to a range of employment, investment and other public interest conditions. Sinopec and CSA had tendered a set of proposed conditions, which... 

Local content key to safeguarding components industry amid powertrain revolution

By: Irma Venter     9th March 2018 The global automotive industry is facing the rapid development of new powertrain technologies, such as electric and hydrogen vehicles, eager to displace the internal combustion engine (ICE), which has powered the industry for more than a century. The local automotive manufacturing industry is... 

Local content key to safeguarding components industry amid powertrain revolution

By: Irma Venter     9th March 2018 The global automotive industry is facing the rapid development of new power-train technologies, such as electric and hydrogen vehicles, eager to displace the internal combustion engine (ICE) that has powered the industry for more than a century. The local automotive manufacturing industry is... 

Russian group, SA industry body remain hopeful about prospects for nuclear

By: Rebecca Campbell     9th March 2018 Russia’s State-owned nuclear corporation Rosatom still believes that nuclear energy has a place in the future development of South Africa. This follows comments made by then Finance Minister Malusi Gigaba on Budget Day 2017, which suggested that the country’s planned programme to build a fleet of... 

Warning of vehicle affordability being compromised by SA’s tax changes 

By: Irma Venter     9th March 2018 The substantial increase in ad valorem vehicle excise duty rates announced in the National Budget this week – with the maximum duty for motor vehicles rising from 25% to 30% – together with the increases in value added tax (VAT), emissions taxes and the fuel levy, “will compromise vehicle... 

SA’s radioisotope producer restarts production

By: Rebecca Campbell     9th March 2018 The South African Nuclear Energy Corporation (Necsa) announced on February 21 that its subsidiary company, NTP Radioisotopes, had resumed production. Necsa shut down operations at NTP in late November due to non-compliance with safety protocols at the radioisotope producer, a step with which the... 

MTN returns to FY profitability

By: Natasha Odendaal     8th March 2018 JSE-listed MTN on Thursday posted a turnaround in its earnings for the year ended December 31, with a full-year return to profitability after plunging into the red last year for the first time in its two-decade history. Reported headline earnings per share (HEPS) for the year under review climbed... 

Brics' New Development Bank could fast-track Africa infrastructure projects

By: Anine Kilian     8th March 2018 Africa lacks adequate infrastructure, which stymies regional trade and the provision of basic services such as health and education, New Partnership for Africa’s Development (Nepad) capacity development officer Bob Kalanzi said on Thursday. Addressing delegates at a dialogue, hosted by Oxfam... 

Cisco provides ‘project-based challenges’ for participants in skills training with Digital Skills Academy

     8th March 2018 Cisco recently completed a new Industry Project in partnership with Digital Skills Academy.   The largest IT and networking company in the world, Cisco, is the latest major multinational tech company to join Digital Skills Academy’s impressive list of Industry Partners.   Digital Skills Academy’s... 

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