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Aeronautical Society to focus on inclusivity and collaboration

By: Jessica Oosthuizen     31st August 2018 The Aeronautical Society of South Africa’s (AeSSA’s) yearly conference will take place at Hoogeind Manor, in Somerset West, on October 24 to 25 and is themed Aerospace for All. The theme captures the increasing relevance of aeronautics and space to achieve outputs for economic and societal... 

Spotlight on CTC and potential legal inconsistencies

By: Jessica Oosthuizen     31st August 2018 The Cape Town Convention (CTC) on International Interests in Mobile Equipment is receiving a lot of attention from the legal industry in terms of how South Africa has incorporated it and how certain remedies provided for therein are enforced in the aviation industry, says global law firm Norton... 

IFS South Africa joins YES campaign

By: Natasha Odendaal     31st August 2018 Enterprise applications company IFS has become the latest company to join South Africa’s new Youth Employment Service (YES) initiative by sponsoring learnership programmes for 30 young, unemployed South Africans. The programme aligns with the government’s drive to reduce unemployment by creating... 

CSIR Aeronautics attracting international clients as SA budgets fall

By: Rebecca Campbell     31st August 2018 The Council for Scientific and Industrial Research (CSIR) Aeronautics Systems Competency has created an innovation team to address both emerging opportunities and problems in the global aerospace environment. (“Innovation team” is a description, not a title.) This amounts to the creation of a new... 

Technical analytical firm offers sector-focused laboratory services

By: Schalk Burger     31st August 2018 Sci-Ba focuses on providing highly technical analytical services for commercial companies across a range of industries and has been divided into ten sector-focused laboratories to cater for the needs of specific industries, says Sci-Ba co-founder and director David Long. Developing new tests and... 

Montego expands Eastern Cape pet food factory

By: Schalk Burger     31st August 2018 Local pet food manufacturer Montego Pet Nutrition increased production at its Graaff-Reinet facility, in the Eastern Cape, by 30%. The R70-million expansion, which will also create 30 more direct jobs, included a new 3 600 m2, R15-million depot, divided equally for use as a warehouse and treats... 

DEADLY WARNING

31st August 2018 The deadly collapse of the Morandi motorway bridge, in Genoa, Italy, earlier this month should serve as a warning to infrastructure owners and custodians the world over. In South Africa, where maintenance of infrastructure remains a serious problem, questions have to be asked and answered about... 

SA contribution to achieving SKA milestone

By: Rebecca Campbell     31st August 2018 The South African Radio Astronomy Observatory (SARAO) recently announced that the Square Kilometre Array (SKA) Telescope Manager (TM) Critical Design Review (CDR) had been completed. (The TM is a system, not a person.) The SKA is an international project to build the world’s biggest radio... 

Power Shifts

By: Terence Creamer     31st August 2018 Electricity nerds such as myself are bracing themselves for a breathless few months, with significant developments on the horizon. Much of the focus will be on the updated Integrated Resource Plan (IRP), which has finally been released for public comment. This is a critical document and it is... 

Renewable Energy Independent Power Producer Procurement Programme – fourth window

By: Sheila Barradas     31st August 2018 Twenty-seven Renewable Energy Independent Power Producer Procurement Programme project agreements were signed in April 2018.  

Graskop Gorge glass elevator project, South Africa

By: Sheila Barradas     31st August 2018 The Graskop Gorge Lift Centre was opened in July. 

M&R upbeat on prospects for mining unit amid commodity cycle ‘upturn’

By: Terence Creamer     30th August 2018 Engineering and construction group Murray & Roberts (M&R) is upbeat about prospects for its strong-performing underground mining unit, which was the biggest contributor to the group’s 2018 financial performance, as well as to the growth in the JSE-listed company’s R30-billion order book. The... 

IMF supports South African land reform provided it's 'rules based'

By: Reuters     30th August 2018 The International Monetary Fund (IMF) gave its full backing to South Africa's land reform plan on Thursday, as long as the highly contentious process is transparent and based on the constitution. The Fund's senior resident representative in South Africa Montfort Mlachila told Reuters that the... 

Three innovative South Africans design water saving devices

By: African News Agency      30th August 2018 The US Consul General in Johannesburg, Michael McCarthy, has awarded prizes to the three winners of the US Consulate General’s Rosa Parks Library & Innovation Studio 3D Design Challenge.   Contestants were asked to use the studio's three-dimensional (3D) printers, computers, and digital design... 

Record production anticipated at BMW’s Rosslyn plant in 2019

By: Irma Venter     30th August 2018 Production at BMW Group South Africa’s (BMW SA’s) Rosslyn plant could, potentially, reach a new record in 2019. BMW SA started production of its first X3 models in April, following a R6.2-billion investment to move from 3 Series sedan assembly to building the new X3 sports-utility vehicle. 

South Africa could create 50 000 more mining jobs – Minerals Council

By: Martin Creamer     30th August 2018 A South Africa moderately more attractive to investors would catalyse the creation of 50 000 more mining jobs and an additional 200 000 jobs overall, Minerals Council South Africa CEO Roger Baxter told the Africa Down Under conference in Perth on Thursday. Speaking a day after Mineral Resources... 

South African winemakers look to Peru for growth

By: Marleny Arnoldi     30th August 2018 Wine producer La Ric Mal owner and winemaker Malcolm Green and other wine producers from four South African provinces will travel to Lima, Peru, this weekend, with the aim of expanding the market for South African wines. This expedition forms part of the Trade and Investment Mission organised and... 

The Rands and Cents of Sustainability

By: Creamer Media Reporter      30th August 2018 Green credentials have become a fashionable must-have for organisations in most industries, however, to effect real change, environmental policy needs to be far more than rhetoric, or indeed, a compliance exercise. It is a simple truth that robust and long-term sustainable practices translate... 

Resources Watch  

30th August 2018 Rapid Moab integration boosts Harmony Gold’s cash flow; Nothing comes before safe production, says Sibanye-Stillwater; and, Free gold on cards at Harmony’s Wafi-Golpu project 

KZN Manufacturing Indaba 2018 Primes Manufacturers for Success

30th August 2018 Prime movers and participants of the nation’s manufacturing sector attended the Kwazulu Natal Manufacturing Indaba  in record numbers at the Durban International Convention Centre (ICC) on the 22 August 2018. The annual event assembled provincial manufacturers and businesses to explore growth... 

Eskom, unions settle on salary adjustments

By: Marleny Arnoldi     30th August 2018 State-owned power utility Eskom has reached a three-year wage agreement with trade unions the National Union of Mineworkers (NUM), the National Union of Metalworkers of South Africa (Numsa) and Solidarity. In terms of the agreement, Eskom’s bargaining unit permanent employees will receive salary... 

KLT’s community partnerships in S Africa recipe for meeting global production standard 

30th August 2018 India-based automotive component manufacturer KLT Automotive and Tubular Products South Africa plans to add 1 000 people to its 900-strong work force in the next eight years. Anine Kilian tells us more. 

EM supplies Socomec Digiware system for showcase Green Star project

30th August 2018 Leading supplier ElectroMechanica (EM) has supplied the Socomec Digiware system to a large South African corporation’s head office in Sandton, where it is being used for large-scale electrical metering to meet the project’s five-star Green Star rating. EM is the sole distributor of Socomec’s... 

Busa calls for preservation of ‘yellow card’ regime in Competition Amendment Bill

By: Simone Liedtke     29th August 2018 Business Unity South Africa (Busa) economic and trade policy director Olivier Serrao has called for the preservation of the “yellow card” regime in the Competition Amendment Bill. The current version of the Bill does away with the “yellow card” regime, which is currently in place through the... 

Growthpoint’s distributable income exceeds R6bn for the first time

By: Marleny Arnoldi     29th August 2018 Real estate investment trust Growthpoint Properties announced a 6.5% distribution growth for the year ended June 30, with a final dividend of R1.07 apiece declared, despite weak economic conditions and a competitive market in South Africa. Growthpoint South Africa CEO Estienne de Klerk pointed... 

Positive ratings from S&P’s, Fitch enhances NDB’s lending capacity

By: Marleny Arnoldi     29th August 2018 Multilateral development bank New Development Bank (NDB) has been assigned an AA+ long-term and A-1+ short-term issuer credit rating by Standard & Poor’s Global Ratings (S&P’s). Earlier this month, Fitch Ratings assigned the bank a long-term issuer default rating of AA+ with a stable outlook... 

Q(h)ubeka Trust pays out R134m to former mineworkers suffering from silicosis.

By: Simone Liedtke     29th August 2018 The Q(h)ubeka Trust has, since its establishment in 2016, paid out about R134-million in compensation to qualifying former mineworkers, who are suffering from silicosis. The compensation paid to date represents a first payment to claimants, after which a further distribution will be made once all... 

Platinum-using fuel cells making more headway

By: Martin Creamer     29th August 2018 Last month’s initial public offering (IPO) on the New York Stock Exchange of Bloom Energy suggests a second, much larger market may be emerging for fuel cells, Greentech Media reported this week in an article recording the deployment of Bloom’s technology at 25 Fortune 100 companies. The... 

Adcock Ingram’s HEPS rise 25.5%, despite economic, consumer headwinds

By: Simone Liedtke     29th August 2018 JSE-listed Adcock Ingram reported headline earnings per share (HEPS) from continuing operations of 387.7c for the year ended June 30, representing a year-on-year increase of 25.5%. Headline earnings for the period were R644.7-million, up from R513.7-million in the prior financial year. 

Ring-fence Eskom’s ‘bad bank’ generation assets, says energy expert  

By: Terence Creamer     29th August 2018 A leading electricity expert is warning that there is little or no prospect that Eskom can trade itself out of its current financial difficulties and that restructuring – including a vertical separation of its cash-guzzling generation assets from its transmission, system operator and distribution... 

Grand Prix Models takes to the sky with Fabcon Steel design solution

29th August 2018 When Gary Gibson had a vision to transform Grand Prix Models in Boksburg, adding another level for a restaurant and function area, he turned to steel engineering solutions provider Fabcon Steel to achieve his architectural vision. A total of 25 t of steel and 2 200 bolts later, and Gibson’s... 

Group Five warns of widened FY18 losses

By: Creamer Media Reporter      29th August 2018 Construction company Group Five on Wednesday warned of widening losses for the financial year ended June 30, as losses continued in the second half of the year, despite the group's restructuring and rationalisation programme. Group Five expects to report a loss a share and a headline loss a share... 

CSIR female researchers at the forefront of improving health care in SA

29th August 2018 Currently, most patients who are diagnosed with diabetes in South Africa have to prick their fingers three times a day to check their sugar levels. This method of monitoring and detecting diabetes is painful for the patient and could potentially introduce infections. The Council for Scientific... 

Grand Prix Models takes to the sky with Fabcon Steel design solution

29th August 2018 When Gary Gibson had a vision to transform Grand Prix Models in Boksburg, adding another level for a restaurant and function area, he turned to steel engineering solutions provider Fabcon Steel to achieve his architectural vision. A total of 25 t of steel and 2 200 bolts later, and Gibson’s... 

BevSA appoint General Manager

29th August 2018 The Beverage Association of South Africa (BevSA) has appointed Mpho Thothela to the position of General Manager for Corporate Services with effect from 01 August 2018.  An admitted Attorney of the High Court of South Africa, Thothela, is a former Director of Corporate Affairs at Muhari Logistic... 

PwC focus on women economists

29th August 2018 When seeing is believing: How SA’s top female economists foster gender parity in their profession When the girl child and young woman encounters few, if any, examples of female economists in her environment, a career in economics may not even cross her mind. But, female role models can negate the... 

South Africa launches electronic trading platform for government bonds

By: Reuters     29th August 2018 The Johannesburg Stock Exchange (JSE) and the London Stock Exchange launched the country's first electronic government bond trading platform, offering an alternative to traditional fixed-income trading via telephone or chat services. The new system offers public price transparency equivalent to... 

South African farmers play chicken with Trump tariffs

By: Reuters     29th August 2018 Herman Pretorius is just the kind of white South African farmer US President Donald Trump expressed concern for when he barged into the country's delicate land reform debate by ordering an investigation into the "large-scale killing of farmers". But for the greying, bespectacled 58-year-old,... 

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