R/€ = 14.46 Change: 0.01
R/$ = 13.57 Change: 0.04
Au 1203.20 $/oz Change: 3.08
Pt 959.00 $/oz Change: 4.00


Recovery possible for SA, sub-Saharan truck markets, says UD Trucks

By: Irma Venter     Updated 23 minutes ago Both the South African and sub-Saharan African (SSA) new-truck markets should see growth this year, following a tough 2016, says UD Trucks Southern Africa (UDTSA) marketing director Rory Schulz. The South African new truck market, including exports from South Africa into Africa, declined by 11%,... 

Shift to coal under way in Botswana, but diamonds still dominate

By: Natasha Odendaal     Updated 1 hour 51 minutes ago Botswana’s ambitions to develop its coal mining sector and reduce its dependency on diamonds will face an uphill battle in the face of subdued coal prices and the overshadowing value of the diamond sector. The government-driven shift to coal production ramp-up in the next few years was expected... 

On-The-Air (20/01/2017) 

By: Martin Creamer     Updated 3 hours ago Davos this week gave platinum fuel cells a huge boost with the launch of the massive Hydrogen Council; Sibanye’s audacious bid to buy America’s biggest platinum mines is poised to benefit Southern Africa enormously; A second judge has chided the Department of Mineral Resources for ineptitude. 

Awards boost drivercentric approach to managing truck drivers

By: Schalk Burger     20th January 2017 Commercial vehicle insurance firm Regent’s Highway Heroes campaign recognises the skill required to safely and efficiently handle a freight vehicle on South Africa’s and Southern Africa’s testing roads, and has demonstrated the benefits of driver-centric initiatives to improve awareness and safe... 

S African manufacturer of steel tube and pipes commissions new mill

By: Victor Moolman     20th January 2017 The new capital expenditure (capex) project to replace two older mills with one new mill at steel tube and pipe manufacturer Robor’s plant, in Elandsfontein, in Johannesburg, will be concluded in early 2017 with the installation of a fully automated mill capable of producing 60 000 t/y of pipe at... 

The Pretoria-based Falcon 402 aircraft programme 

     19th January 2017 Falcon Air, based at Wonderboom Airport in Pretoria, has developed and is producing the Falcon 402 single-engined passenger and utility aircraft. Keith Campbell reports. 

South African maize planting area seen a third larger as rains return

By: Reuters     18th January 2017 South African farmers have planted a third more hectares with maize this season following increased rainfall and favourable climate conditions, a Reuters poll showed on Wednesday. South Africa's Crop Estimates Committee (CEC) is expected to forecast the planted area at 2.6-million hectares, up... 

New financing models needed for infrastructure

By: African News Agency      18th January 2017 Global leaders and representatives of Canada, France, Switzerland, China, South Africa and the United States on Tuesday, questioned the ability of public sectors across the globe to develop proper infrastructure ecosystems. Financing of infrastructure projects seemed not to be the major obstacle... 

Vehicle owners to sue Ford over Kuga saga

By: African News Agency      17th January 2017 The majority of families whose Ford Kuga SUVs burst into flames in South Africa in the past few months will be filing a class action lawsuit, their attorney announced on Tuesday. “Initially I have been instructed by the Jimmy family [Reshall Jimmy died in December 2015 after his Ford Kuga burst... 

Trend Micro TippingPoint launches 100 Gb standalone next-generation intrusion prevention system

     16th January 2017 Trend Micro Incorporated , a global leader in cybersecurity solutions, last week announced the availability of the latest Trend Micro TippingPoint NX Series next-generation intrusion prevention systems (NGIPS). The series includes a first-to-market standalone NGIPS solution that delivers up to... 

Material Specifiers Are Dropping The Safety And Performance Ball

     16th January 2017 Cost and price are two separate factors, and with increased pressure on the purchase price specifiers of floor grating are purchasing material at the expense of structural integrity and loading capacity. Elaine van Rooyen, marketing manager at Andrew Mentis, has raised the important issue that... 

Zim gold producer claims ownership of cargo on crashed plane

By: News24Wire      13th January 2017 A leading gold producer, developer and explorer in southern Africa, Metallon Corporation, has claimed ownership of the gold that was being transported by a private plane that crash-landed in southern Zimbabwe on Tuesday, putting to rest speculation that the mineral was being smuggled out of the... 

Kathu concentrated solar power project, South Africa

By: Sheila Barradas     13th January 2017 Sener is expected to continue providing the engineering, procurement and construction services for the project this year, in conjunction with its joint venture partner Acciona. 

Comair CEO raises questions on State airlines merger 

By: News24Wire      12th January 2017 It is unclear what a merger between the three State-owned airlines SAA, Mango and SA Express would achieve that cannot be achieved by each airline individually, Erik Venter, CEO of Comair, told Fin24. This was in reaction to a parliamentary response by Public Enterprises Minister Lynne Brown.... 

Renowned Dow Corning Sealants For Final Phase Of 11 Alice Lane

     11th January 2017 Three renowned Dow Corning sealants supplied by a.b.e. Construction Chemicals were used for the curtain wall construction of the third and final phase of the imposing new 11 Alice Lane precinct in Sandton. a.b.e., which is part of the Chryso Southern Africa Group, is the South African distributor... 

Shumba, HMS Bergbau sign exclusive marketing agreement

By: Megan van Wyngaardt     10th January 2017 Botswana-based energy development company Shumba Energy has signed a binding memorandum of understanding (MoU) with HMS Bergbau Africa, a subsidiary of German trading house HMS Bergbau. Under the terms of the agreement, the latter will be responsible for the exclusive marketing of all export... 

Next four years critical to meeting Paris agreement targets

     10th January 2017 New report provides concrete recommendations for cities to meet aggressive goals and halt climate change On 1 December 2016 in Mexico City, the C40 Cities Climate Leadership Group (C40) and consultants Arup outlined the first emission reduction plan in order to meet the most ambitious Paris... 

New MD for Babcock’s Equipment business

     9th January 2017 Babcock has appointed David Vaughan as the new Managing Director - Equipment as of 01 November 2016.  Vaughan was previously Sales Director of the business and has been with Babcock since 2005 when he joined as a regional general manager. Babcock’s equipment business manages the exclusive... 

Africa is poised for sustainable growth and development. But there are risks

     9th January 2017 As we know, growth accelerations are pretty commonplace among developing countries. Economist Ricardo Haussman and his colleagues identified 83 growth accelerations of eight consecutive years at 2% higher than the five-yearly average between the mid-1950s and early 2000s. But most growth... 

Caledonia declares dividend; confirms 2017 guidance

By: Henry Lazenby     4th January 2017 TSX- and Aim-listed gold producer Caledonia Mining has declared a quarterly dividend of $0.01375, supporting its position as one of only a handful of junior gold miners on the LSE able to afford rewarding its investors. The Southern Africa-focused company’s dividend announced Tuesday is in line... 

Bank says new-vehicle sales may fall again next year after 12% 2016 slump

By: Irma Venter     16th December 2016 New-vehicle sales in South Africa will drop by around 12% in 2016 compared with 2015, says First National Bank (FNB) senior industry analyst Jason Muscat. The same forecast model used to determine this decline suggests that sales in 2017 may drop another 5%, as a worst case scenario, he adds. 

UN, Coca-Cola upskill 25 000 women entrepreneurs 

By: Anine Kilian     14th December 2016 The United Nations Entity for Gender Equality and the Empowerment of Women (UN Women), together with The Coca-Cola Company, on Wednesday celebrated the upskilling of 25 000 female micro entrepreneurs in South Africa, achieved through the entities’ project to empower women entrepreneurs through a... 

Improvement in job figures not lifting the metals and engineering sector out of crisis

By: Anine Kilian     13th December 2016 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the 1% increase in employment figures for the third quarter of the year, as reported by Statistics South Africa on Monday, which showed a general injection of 93 000 jobs in the economy. Seifsa senior... 

Arup Appoints BIM Leader for Southern Africa

     9th December 2016 Arup has appointed Nic Karassavas as their BIM Leader for Southern Africa. Karassavas brings significant experience in initiating, managing and developing projects within a BIM environment as a result of having worked on a wide range of building and infrastructure projects as a principal, manager... 

Rio’s CEO wants to buy diamonds, but finding them won’t be easy

By: Bloomberg     9th December 2016 Even for the deepest pockets in the mining industry, diamonds are hard to find. Rio Tinto Group CEO Jean-Sebastien Jacques said this week he’s on the hunt for new diamond mines, but with more than half of the industry controlled by just two companies and new discoveries rare, it’s going to be a... 

Gautrain rolling stock procurement programme, South Africa

By: Sheila Barradas     9th December 2016 The contract to supply new trains to Gautrain will be awarded to a successful bidder in November next year. 

Liquid Sea submarine cable project, South Africa to the Middle East

By: Sheila Barradas     9th December 2016 The new submarine cable will directly connect all countries along the east coast of Africa and provide new connectivity for the Middle East and Europe.  

South African commercial aviation sector outperforming economy, index shows

By: Keith Campbell     9th December 2016 The South African commercial aviation sector “is alive and well and outperforming most other sectors of the economy by a considerable margin” reported the Commercial Aviation Association of Southern Africa (Caasa) in a statement released on November 29. The release marked the publication of the... 

Volvo Trucks expands sales into rest of Southern Africa

By: Irma Venter     9th December 2016 Volvo Trucks should this year sell around 250 new trucks in Southern African markets outside South Africa, says Volvo Group Southern Africa president Torbjörn Christensson. Three years from now, in 2019, the company wants sales in these Southern African markets to grow to 1 000 trucks a year. 

Weak economy leading to underbidding by engineering firms

By: Irma Venter     9th December 2016 South Africa’s struggling economy has increased the pressure on engineering firms to underbid on larger projects, says Arup Southern Africa leader Poya Rasekhi. This, however, often leads to poor design and staff burn-out, which almost inevitably ensures that the final price tag ends up being... 

Black-woman-owned steel manufacturing company launched 

By: Anine Kilian     8th December 2016 Despite the difficult economic climate South Africa currently finds itself in, black-woman-owned steel-manufacturing company RSC Avelo, which was officially launched in Roodepoort, Gauteng on Thursday, aims to be a key player in market, according to MD Mayleen Kyster. “Even though we are in a... 

SEIFSA Commends The Launch Of A New Black-Owned Steel Company In South Africa

     8th December 2016 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today commended the official launch of RSC AVELO in Roodepoort – South Africa’s only black youth-woman-owned and managed reinforcing steel and reinforcement steel manufacturer.... 

Southern Africa faces worst drought in decades

By: African News Agency      8th December 2016 Nearly 14-million people in southern Africa are in need of emergency humanitarian assistance as the region faces the worst El Nino induced drought in decades. United Nations (UN humanitarian agencies and partners launched a revised action plan to outlining their response to the needs of an... 

New-vehicle sales likely to decline further in 2017, says FNB

By: Irma Venter     6th December 2016 New-vehicle sales in South Africa will drop by around 12% in 2016 compared with 2015, says First National Bank (FNB) senior industry analyst Jason Muscat. The same forecast model used to determine this decline suggests that sales in 2017 may drop another 5%, as a worst case scenario, he adds. 

Integrated Pump Rental Understands Effective Groundwater Control

     5th December 2016 Unless there is effective groundwater control, even the best run sites could become hindered by expensive and challenging problems. This will not only cause programme delays but could also have an adverse effect on health and safety. Lee Vine, managing director of Integrated Pump Rental, cautions... 

2016 new-truck sales seen declining 10% year-on-year

By: Irma Venter     2nd December 2016 South Africa’s new truck market is under pressure, with a 10% drop in sales likely in 2016, says UD Trucks Southern Africa (UDTSA) marketing director Rory Schulz. This means the new truck market should end the year around the 25 000-mark. 

Considerable growth opportunities for sustainable environmental management

By: Simone Liedtke     2nd December 2016 With the drive to a greener economy and sustainable management of the environment, specialist cleaning service provider Spill Tech is well positioned for considerable growth in the Western Cape owing to its rapid spill response service concentrating on hazardous waste, says Spill Tech chairperson... 

Ford’s local unit shipping first batch of Africa-bound Everest SUVs

By: Irma Venter     2nd December 2016 The first batch of South African-built Ford Everest vehicles destined for export markets in sub-Saharan Africa has been completed, with the first vehicle on its way to its new owner in Kenya. The moondust silver Everest 2.2 XLT 4 X 4 departed Durban on November 12, and is destined for Mombasa,... 

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