R/€ = 14.77 Change: 0.00
R/$ = 11.97 Change: -0.01
Au 1342.49 $/oz Change: -10.30
Pt 935.00 $/oz Change: -15.81


Distributed generation can mitigate transmission constraints in Africa

By: Jessica Oosthuizen     Updated 6 hours ago Investment in the African transmission grid and distributed generation solutions could be viable in mitigating the challenge of providing access to electricity, says power generation original-equipment manufacturer Himoinsa. “Whether owing to transmission constraints or distribution issues,... 

Gautrain additional rolling stock and depot enhancement procurement programme, South Africa

By: Sheila Barradas     Updated 6 hours ago The winning bidder for the procurement programme is expected to be announced towards the end of this year. 

Atterbury’s Stellenbosch Trumali House offices become the new HQ of Hungry Lion

     19th April 2018 Atterbury, the leading South African property developer, has completed the refurbishment of Trumali House, Stellenbosch, into modern multi-tenant A-grade offices with 3,500sqm of space. It has also signed the building’s first tenant, Hungry Lion, which will begin operating from its new... 

Atterbury completes Trumali House refurbishment, signs Hungry Lion

By: Marleny Arnoldi     19th April 2018 Property developer Atterbury has completed the refurbishment of Trumali House, in Stellenbosch, into modern multitenant A-grade offices with 3 500 m2 of space.  

Maatla Energy gets enviro approval for Botswana mine

By: Marleny Arnoldi     19th April 2018 Coal and energy company Maatla Energy’s subsidiary, Maatla Resources, has received approval for the environmental-impact assessment (EIA) for its Mmamabula export coal mine, in Botswana.  

Bell laments import duties on steel, tyres; Kamaz assembly could start in 2019

By: Irma Venter     19th April 2018 “South African manufacturers are paying 22% too much for their steel; whether you are making lamp posts or electrical cabinets, you are not going to pay what you would pay on the global market,” says Bell Equipment CEO Gary Bell. Bell Equipment manufactures six lines of capital equipment,... 

Further tariff increases would exacerbate Eskom’s death spiral – EIUG

By: Simone Liedtke     18th April 2018 The Energy Intensive User Group (EIUG) of Southern Africa, whose members account for about 40% of electrical energy consumed in the country, has warned that increases to electricity tariffs will exacerbate State-owned power utility Eskom’s “death spiral”. The EIUG is participating in the National... 

UK, SA Trade Ministers hold talks in London

By: Rebecca Campbell     18th April 2018 South African Trade and Industry Minister Dr Rob Davies met with his British counterpart, International Trade Secretary Dr Liam Fox, on Tuesday on the margins of the Commonwealth Heads of Government Meeting in London, to discuss the bilateral trade relationship. They both expressed pleasure at... 

Modern washing plant boosts river sand production

     17th April 2018 Through ongoing investments in the quality of sand that it produces, Kilo Sand in Tshwane is a first choice for suppliers and contractors servicing the northern suburbs of Johannesburg and the lower reaches of Tshwane. In this heavily traded area, where numerous quarries are similarly positioned... 

DBSA appoints new CFO

By: Anine Kilian     16th April 2018 Boitumelo Mosako has been appointed CFO of development finance institution the Development Bank of Southern Africa (DBSA), effective April 1. Prior to joining the DBSA, she served as the CFO at the South African Bureau of Standards. 

Radebe lauds REIPPPP, Bepa’s role in transforming the energy sector

By: Marleny Arnoldi     13th April 2018 The signing, earlier this month, of power purchase agreements for 27 independent power producer (IPP) energy projects under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) supports an increase in black participation in the industry, as well as the creation of black... 

The Capital Equipment Group (CEG) of Invicta Holdings Limited has acquired Shamrock Handling Concepts (Pty) Limited.

     13th April 2018 “Through this acquisition, effective 2 January 2018, Shamrock Handling Concepts - with the continuing leadership of managing director, Marius Schutte - will operate under the auspices of Criterion Equipment, a wholly-owned subsidiary of Invicta Holdings Limited,” explains Brenton Kemp, divisional... 

Arc 1

     13th April 2018 High-quality welding and cutting products and services supplier Arc 1 is focused on supporting the fabrication industry in Southern Africa. Based in Elandsfontein, Germiston, the company intends to be the supplier of choice for those fabrication customers wanting to procure high-quality welding... 

‘Sunlight the best disinfectant’

By: Terence Creamer     13th April 2018 Asset manager Futuregrowth attracted praise and criticism, possibly in equal measure, when it announced in August 2016 that it was suspending lending to six large State-owned enterprises (SoEs), owing to concerns over the state of their governance. The list included the Development Bank of... 

Regional workshop in support of fight against wildlife crime in Southern Africa

By: Rebecca Campbell     13th April 2018 The illegal trade in wildlife has become a major form of transnational organised crime that is damaging economies, undermining public safety and good governance in many regions around the world. And Southern Africa is no exception. “Criminals involved in wildlife crime are not involved only in... 

New Zimbabwe luxury boutique hotel to welcome guests from early 2019

By: Simone Liedtke     12th April 2018 Victoria Falls, in Zimbabwe, will soon boast a new luxury boutique hotel catering for a variety of guests to the region’s famous world heritage site. From early 2019, the new 199 all-suite Mbano Manor Hotel will offer a unique and nature-based travel experience for the global, high-end tourist,... 

BMW opens R260m regional distribution centre in Midrand

By: Irma Venter     11th April 2018 BMW Group South Africa (BMW SA) has cut the ribbon on its new regional distribution centre at the Waterfall precinct, in Midrand, Gauteng. Project developer Attacq and BMW SA jointly invested around R260-million to create the facility. 

Afrox secures contract to supply medical gases to State healthcare facilities

By: Simone Liedtke     11th April 2018 JSE-listed African Oxygen (Afrox) has been awarded a contract to supply medical gases to government hospitals and clinics across all provinces. 

The 5th SAAMA Conference will boasts a number of asset management 'industry firsts'

     11th April 2018 The Southern African Asset Management Association (SAAMA) will host its fifth physical asset management conference from 4 to 6 June 2018 at the Lord Charles Hotel in Somerset West, Cape Town. The conference will focus on the development of physical asset management in Southern Africa. An... 

At the core of new residential suburb in Polokwane

     11th April 2018 Demand for middle-income housing in Polokwane still remains high long after the city was named the capital of Limpopo. This demand is mainly being driven by civil servants, who prefer their own homes to rental accommodation, while the conversion of existing residences into commercial buildings in... 

Analytica Lab Africa, food & drink technology Africa and IFAT Africa to co-locate for the first time in 2019

     11th April 2018 First trade fair dates: July 9 – 11, 2019 Synergies from the co-location will create added value for exhibitors and visitors South Africa is one of the leading industrial economies on the continent Wide-ranging water delivery and purification, solutions for the food and beverage industries as... 

Former South African President Kgalema Motlanthe joins Ivanhoe board

By: Henry Lazenby     10th April 2018 Former South African President Kgalema Motlanthe has joined the board of project developer Ivanhoe Mines with immediate effect, the company announced on Tuesday. In his new nonexecutive capacity, Motlanthe is expected to bring a “new dimension” to the company’s strategic evaluations, consensus... 

Internationally certified for supply chain success

     10th April 2018 With businesses increasingly recognising the importance of the supply chain to the organisation, the demand for suitably qualified and skilled supply chain professionals is growing, according to Mungo Park, president of leading Southern African supply chain association SAPICS.   “The supply chain... 

Seifsa celebrates transformed companies in metals, engineering sector

By: Simone Liedtke     9th April 2018 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called on companies that have embraced transformation in the metals and engineering sector to submit entries for the Most Transformed Company of the Year category of this year’s Seifsa Awards for Excellence. The... 

Blanket Q1 output on par with Caledonia’s 2018 target

By: Marleny Arnoldi     9th April 2018 Southern Africa-focused exploration and development company Caledonia Mining’s 49%-owned Blanket mine, in Zimbabwe, produced about 12 924 oz of gold for the quarter ended March 31.  

Chryso Supports The Art Of New And Renovating Concrete

     9th April 2018 Decorative concrete solutions can raise the aesthetic value of both new projects and renovations, and CHRYSO Southern Africa is able to provide leading edge expertise and products to customers in the region. Since a well-known French decorative concrete company became part of the CHRYSO Group,... 

Energas introduces new Mokveld Typhoon Valve System

     9th April 2018 After more than a decade of development and testing in diverse applications, Mokveld’s Typhoon Valve System is now ready for commercial use. The technology is also now available locally through Mokveld’s distributor in South Africa, Energas Technologies, a leading supplier of high-end and... 

Developing New Manufacturers

     9th April 2018 Advancement in machine learning and industrial innovations vital to boosting South Africa’s manufacturing sector. Following the 2008 financial crisis, which caused many industrial sectors around the globe to dwindle, South Africa’s manufacturing industry experienced a similar downturn and almost... 

Shackles, Beam Clamps, Slings, Chain Hoists And More: Konecranes Plus

     9th April 2018 Like any machine cranes and hoists consist of many moving parts. With over 100 years’ experience all over the world, Konecranes’ parts and lifting accessories have evolved to be highly technologically advanced and to suit various industries and different environments. Konecranes Southern Africa... 

No ‘pipe dream’: Aegion SA’s trenchless pipeline rehabilitation technology offers ultra-fast, non-disruptive solution to Southern Africa’s ageing infrastructure

By: Creamer Media Reporter      7th April 2018 A major motivation for the establishment of leading local pipeline rehabilitation technology provider Aegion South Africa was the deteriorating state of much of Southern Africa’s pipeline infrastructure. In South Africa, for example, while there is currently an urgent drive to conserve water,... 

Sustainable strategy engenders results

By: Tasneem Bulbulia     6th April 2018 Consulting firm Knight Piésold’s sustainable, quality process ethos across the board, from executing projects to implementing transformation, has enabled the company to maintain its competitive advantage amid a currently turbulent consulting engineering industry. Knight Piésold CEO Vishal... 

Africa begins journey towards continentwide free-trade deal

By: Bloomberg     6th April 2018 African leaders signed accords setting up a continental free-trade area that’s expected to boost commerce within the 55-member African Union and eventually supplant a patchwork of existing agreements. More than 40 nations signed the African Continental Free Trade Area agreement, or AfCFTA, which... 

Long way to go

By: Terence Creamer     6th April 2018 The signing, by 44 African countries, of the African Continental Free Trade Area (AfCFTA) is encouraging, albeit that the development is at odds with the current global backlash against freer trade. It should be noted that South Africa did not sign the agreement in Kigali, Rwanda. However,... 

Company and distribution partner provide largest range of tools in S. Africa

By: Victor Moolman     6th April 2018 Owing to its well-established relationship with its loyal distribution partners and distribution network in Southern Africa, a large range of about 5 200 individual line items of hand tools from professional tools manufacturer Jonnesway are being used in Southern Africa, says Carel Venter, the... 

Absa PMI falls below 50-point mark, Seifsa concerned about unresponsiveness to improving confidence

By: Marleny Arnoldi     3rd April 2018 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) on Tuesday dropped back below the neutral 50-point mark in March, after encouraging improvements during the first two months of the year. The index shed 3.9 points to reach a level of 46.9 points in March, down from 50.8 in February.  

Kibo Mining’s acquisition of 85% stake in Botswana project completed

By: Marleny Arnoldi     3rd April 2018 Multi-asset Africa-focused energy and resources company Kibo Mining has completed the acquisition of an 85% interest in the Mabesekwa Coal Independent Power Project (MCIPP), in Botswana, from Sechaba Natural Resources.  

EIUG scrutinises Eskom application for recovery of costs

By: Marleny Arnoldi     3rd April 2018 The Energy Intensive User Group (EIUG) of Southern Africa on Tuesday submitted its comments to the National Energy Regulator of South Africa (Nersa) regarding State-owned power utility Eskom’s regulatory clearing account (RCA) applications for 2014/15 to 2016/17 and says Nersa should allow only... 

Re-industrialisation will demand more skills – Seifsa

By: Simone Liedtke     3rd April 2018 Re-industrialisation has been identified as one of the key initiatives with the potential to unlock South Africa’s economic growth potential, which will, in turn, demand technical skills such as those offered by artisans. However, Steel and Engineering Industries Federation of Southern Africa... 

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