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Remgro acquires Unilever’s spreads business in Southern Africa

By: Anine Kilian     22nd September 2017 Investment company Remgro will sell its 25.75% interest in Unilever South Africa to the Unilever group, in exchange for full ownership of the Unilever spreads business in Southern Africa and R4.9-billion in cash. The full value of the transaction is R11.9-billion, with the spreads business valued... 

African ports define development roadmap for 2018 and beyond

     22nd September 2017 Over 20 African ports authorities, terminal operators and Ministries of Transport convene in Durban, South Africa this October for strategic think-tank discussions around port optimisation and modernisation across the region.  The African Ports Evolution initiative sets the backdrop for the... 

Wits seeks commercial partner for scalable DC-microgrid innovation

By: Terence Creamer     22nd September 2017 Researchers at the University of the Witwatersrand are aiming to commercialise a plug-and-play DC-microgrid innovation, which is incrementally scalable to any number of power sources, loads and batteries. The direct-current solution has already been proved at a laboratory level through a test-bed... 

Kariba dam rehabilitation project, Zambia

By: Sheila Barradas     22nd September 2017 Zambezi River Authority is rehabilitating the Kariba dam to ensure its longevity. 

Local unit of helicopter group introduces electronic aid for pilots, maintainers

By: Keith Campbell     22nd September 2017 Following authorisation by the South African Civil Aviation Authority, Airbus Helicopters Southern Africa (AHZA) has now released its Fleetkeeper product to the South African market. Fleetkeeper is an electronic flight folio and electronic technical logbook. South Africa is one of the the first... 

Rocla marks 100 years in SA precast concrete market

By: Dylan Slater     22nd September 2017 Precast concrete products manufacturer Rocla is celebrating 100 years in existence in South Africa this month, attributing its success to customer satisfaction, competitive pricing, good-quality products and timeous delivery.  

Tariff push-back

By: Terence Creamer     22nd September 2017 The National Energy Regulator of South Africa (Nersa) has outlined the process it will be following to assess Eskom’s request for a 19.9% tariff increase for the 2018/19 financial year, setting a deadline of October 13 for the submission of written comments. Nersa has approved Eskom’s request to... 

Resources Watch  

     21st September 2017 Metso showcases ongoing commitment to servicing South African mining sector; and, systems water intensive, but more efficient and environment friendly 

Further investment in Anglo by majority shareholder of Vedanta

By: Martin Creamer     21st September 2017 Vedanta head Anil Agarwal has once again hit the headlines by announcing an intended further personal investment in Anglo American through Volcan Investments, which is the majority shareholder of Vedanta Resources. Volcan announced on Wednesday that it intended investing £1.25-billion to... 

Enel celebrates its Tom Burke solar plant

By: Natasha Odendaal     21st September 2017 Some three years after expanding operations into South Africa, Italian renewable energy firm Enel Green Power (EGP) has established a significant presence locally, boasting more than 520 MW of wind and solar projects in operation, one of which was declared a National Key Point in June. The 66 MW... 

‘Rebasing’ for lower Eskom sales to trigger 9.4% hike even before any revenue adjustment 

By: Terence Creamer     20th September 2017 State-owned electricity utility Eskom has sounded that warning that, even if its allowable revenue is not increased at all for the 2018/19 year, tariffs will still need to rise by 9.4% simply to accommodate a “rebasing” electricity sales volumes when compared with those approved in the third... 

Seifsa supports Empowered Engineering and Manufacturing initiative

By: Creamer Media Reporter      20th September 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with Smart Procurement World to launch the Empowered Engineering and Manufacturing initiative, which is aimed at driving economic transformation and industrial progress in engineering and manufacturing. “The... 

Cybercrime becoming a major threat in South Africa

By: Anine Kilian     19th September 2017 The US Federal Bureau of Investigation has ranked South Africa sixth and seventh on the cybercrime predator list, which means that there is an increasing amount of fraud being perpetrated from the country, says computer forensics company Cyanre CEO Danny Myburgh. Speaking at the ninth Chartered... 

Imbalance in South African society driven by spatial inequality  

By: Anine Kilian     19th September 2017 South Africa is fast approaching a perfect inequality rating on the Gini coefficient, University of the Witwatersrand School of Governance head Professor David Everatt said at the ninth Chartered Secretaries Southern Africa Corporate Governance conference, in Johannesburg, on Tuesday. The Gini... 

Corruption rampant in South Africa – Corruption Watch

By: Anine Kilian     19th September 2017 There is a multiplicity of factors that drive corruption in both public and private institutions throughout South Africa, nongovernmental organisation Corruption Watch chairperson Mavuso Msimang said on Tuesday. Addressing delegates at the ninth Chartered Secretaries Southern Africa Corporate... 

Big fall in DBSA disbursements partly attributed to renewables stand-off 

By: Terence Creamer     19th September 2017 The Development Bank of Southern Africa (DBSA) recorded a sharp fall in disbursements to R12.4-billion in 2017, from a record R17.1-billion in 2016, but has promised to "step up" its role as a catalyst of development in 2018, setting a R20-billion disbursement target for the year. The development... 

Good corporate governance key to fighting corruption

By: Anine Kilian     18th September 2017 Poor corporate governance at State-owned enterprises (SoEs) has become endemic, Chartered Secretaries Southern Africa (CSSA) CEO Stephen Sadie said on Monday. He told delegates at the ninth CSSA Premier Corporate Governance conference, in Johannesburg, that good governance at public sector... 

Encha appoints new chief technology officer

By: Samantha Herbst     18th September 2017 Information and communication technology professional Andy Brauer is the new chief technology officer of investment company Encha – an appointment in line with the company’s strategy to attract partners who are subject-matter domain experts with relevant industry-specific experience and... 

TFTA negotiations to conclude by end 2017

By: Schalk Burger     15th September 2017 Facilitated by the Tripartite Free Trade Area (TFTA), market-access negotiations between the Southern African Customs Union (Sacu) and the East African Community (EAC) will conclude by the end of 2017, enabling the regions to benefit from intra-regional trade as soon as possible. The primary aim... 

South Africa’s collective bargaining system on a knife-edge

By: Terence Creamer     15th September 2017 South Africa’s centralised collective bargaining system is at a critical “turning point”, with the sustainability of the current model being widely questioned in light of growing opposition to the extension of wage settlements to non-parties to the negotiations. Steel and Engineering Industries... 

Colourful Concrete That Glows After Dark

     15th September 2017 Chryso Southern Africa has launched a new product that adds an attractive luminous glow to concrete surfaces after dark. LuminTech®, the impressive new addition to Chryso’s wide range of decorative concretes, comprises a variety of different luminescent particles that are applied to the surface... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, the 126 ct D-colour Type IIa... 

Artisan training to benefit welders

By: Nica Schreuder     15th September 2017 By developing local skills and paying attention to quality and on-time delivery, Secunda-based fabrication company Hydra-Arc says it is possible to be successful and competitive in this challenging industry. "The demand for skills development is massive in South Africa, therefore, fully fledged... 

Barloworld celebrates 90-year Caterpillar milestone

By: Dylan Slater     15th September 2017 Barloworld Equipment, which is the distributor and service supplier of US earthmoving equipment manufacturer Caterpillar, celebrated a 90-year partnership with Caterpillar in South Africa at the end of last month.  

Equipment manufacturer inaugurates new facility

By: Mia Breytenbach     15th September 2017 Heavy-equipment manufacturer Caterpillar has officially inaugurated its new parts distribution facility, near Johannesburg, in Gauteng. The 60 000 m2 facility consolidates two smaller parts-distribution sites – Linbro Park and Isando – and offers several advantages, including the ability to work... 

Repackaged technology to serve local minerals market well – FLSmidth 

By: Dylan Slater     15th September 2017 The repackaging of established technology to process mined minerals is set to serve the local market well, according to mining and cement process technology company FLSmidth.  

Dawn to sell stake in GDW

By: Creamer Media Reporter      14th September 2017 JSE-listed Distribution and Warehousing Network’s (Dawn’s) share price rose by 21% on Thursday morning after the company confirmed that it would sell its 49% interest in Grohe Dawn Watertech (GDW) to Lixil Corporation, which owns the other 51% of GDW. The sale follows the announcement in July... 

Stakeholders to push back at upcoming hearings into Eskom’s 2018 hike 

By: Terence Creamer     14th September 2017 The National Energy Regulator of South Africa (Nersa) has outlined the process it will be following to assess Eskom’s request for a 19.9% tariff increase for the 2018/19 financial year, setting a deadline of October 13 for the submission of written comments. Nersa has approved Eskom’s request to... 

Southern African Power Pool could learn from Nordic countries’ approach to energy market

By: Natasha Odendaal     13th September 2017 Southern Africa can take heed of the success of the Nordic region’s achievement of energy security through successful cross-border trade and integration, its integrated markets and other critical elements of the Nord Power Pool. This is the message that emerged from the first day of the three-day... 

Metso showcases ongoing commitment to servicing South African mining sector 

By: Ilan Solomons     13th September 2017 This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a crucial role" not only in the South African, but also the African mining industry. 

Energy department moots loans to pay for electricity infrastructure maintenance

By: African News Agency      12th September 2017 The department of energy on Tuesday proposed a new model of finding additional funding for electricity infrastructure maintenance but it was met with little enthusiasm from Eskom and the National Energy Regulator of South Africa. As explained to the portfolio committee on energy by the... 

SICK Automation moves offices in long-term commitment signal

By: Schalk Burger     12th September 2017 Specialist automation and sensor company SICK Automation Southern Africa has moved to new custom-designed premises in Lanseria Corporate Estate, which is five times larger than its previous offices. The new facility is an important prerequisite in the company’s next growth phase as it continues... 

Adcock Ingram acquires medical products company Genop

By: Schalk Burger     12th September 2017 JSE-listed pharmaceutical company Adcock Ingram has acquired 100% of local medical instrument and pharmaceutical company Genop for an undisclosed amount. Genop is a specialised instrument, surgical and pharmaceutical products company focused on the ophthalmic, optometry, skincare, aesthetic and... 

Elquip Solutions and Kinkelder partner for long-term cutting-edge excellence, return-on-investment and lower cost-per-cut

     12th September 2017 Manufacturers who use large capital equipment sometimes shy away from purchasing top quality machines. The most common reason for this is the initial capital outlay. However, is this always a wise decision? Mike Cronin, the Managing Director of Elquip Solutions, gives good reasons why it is not.... 

Solar grid keeps harvests high, hospitals lit in parched rural Zimbabwe

By: Reuters     11th September 2017 Until recently, farmers in this town in southern Zimbabwe struggled to water their crops, frustrated by poor rainfall and the regular breakdown of the diesel engines that powered their irrigation systems. As in most areas of rural Zimbabwe, rain-fed agriculture provides most of the jobs in this... 

South Africa’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 The Department of Trade and Industry’s (DTI’s) Integrated National Export Strategy (INES) aims to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy was... 

Cost-effective workforce housing supports oil refinery shutdown

     8th September 2017 Prefabricated buildings manufacturer Kwikspace Modular Buildings helped to facilitate a smooth turnaround process during a three-month shutdown at one of Southern Africa’s largest crude oil refineries this year, through the supply of modular housing for critical staff. 

Infrastructure expansion will boost oil rig traffic

     8th September 2017 South African ports are projected to receive an injection of almost R44.4-billion over the coming five years from State-owned logistics operator Transnet, which will increase the number of oil rigs docking for maintenance and repairs in South Africa, says defence and security solutions supplier... 

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