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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... 

Wits seeks commercial partner for scalable DC-microgrid innovation
Professor Willie Cronje

Gigaba calls for criminal probe into KPMG

By: Reuters     22nd September 2017 South African law enforcement agencies should investigate KPMG after the global auditor sacked its top management over work done for business friends of President Jacob Zuma, Finance Minister Malusi Gigaba said on Friday. KPMG dismissed its South African division's top management last week... 

Gigaba says SAA's Myeni's contract is legal

By: News24Wire      22nd September 2017 Finance Minister Malusi Gigaba has told parliament’s standing committee on finance that South African Airways (SAA) chairperson Dudu Myeni’s extended contract is legal. This after the Companies and Intellectual Property Commission (CIPC) said her extended tenure in September was illegal according... 

 Gigaba says SAA's Myeni's contract is legal
Photo by Bloomberg
Finance Minister Malusi Gigaba

Jarana to start as SAA CEO on November 1

By: Anine Kilian     22nd September 2017 South African Airways (SAA) announced that its new CEO Vuyani Jarana will take up his position on November 1.   “The decision follows the conclusion of negotiations with his current employer [Vodacom] on his release date,” said SAA spokesperson Tlali Tlali.   Jarana's appointment is intended to... 

Building the safety case for operating drones beyond visual line of sight

By: Dylan Slater     22nd September 2017 Applications that can benefit from using drones are increasing worldwide, almost daily. However, commercial users of drones are being constrained by generalised legislation, which is difficult to understand and expensive to implement. A much-contested application – and one that is illegal to... 

Building the safety case for operating drones beyond visual line of sight

WTO raises global merchandise trade growth estimate to 3.6% for 2017

By: Anine Kilian     22nd September 2017 The World Trade Organisation (WTO) has raised its estimate for growth in world merchandise trade volume for this year to 3.6%. The previous estimate for 2017 was 2.4%, although this was set within a range of between 1.8% and 3.6%, reflecting the high level of economic and policy uncertainty.  The... 

South African nuclear achievement crowned by US award

By: Keith Campbell     22nd September 2017 South African company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation, has been presented with an Award for Outstanding Achievement by the US National Nuclear Security Administration (NNSA), an agency of the US Department of Energy (DoE), the two... 

South African nuclear achievement crowned by US award
Photo by Necsa
NTP Group Executive for Operations Gavin Ball

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... 

CMH expects higher H1 earnings a share

By: Creamer Media Reporter      22nd September 2017 JSE-listed Combined Motor Holdings (CMH) expects to report a 5% to 15% increase in headline earnings per share (HEPS) to between 122.4c and 134.1c for the six months ended August 31. HEPS were 116.6c for the six months to August 31, 2016. 

Global steel output up 6.3% y/y in August

By: Creamer Media Reporter      22nd September 2017 Global crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) increased by 6.3% year-on-year to 143.6-million tonnes in August. China’s crude steel output increased by 8.7% year-on-year to 74.6-million tonnes, while India’s output increased by 4.1%... 

Opec says winning battle to curb oil glut

By: Reuters     22nd September 2017 Output cuts by Opec and other oil producers are clearing a supply glut that has weighed on crude prices for three years, ministers said at a meeting on Friday to review the pact that expires in March 2018. The Organization of the Petroleum Exporting Countries, Russia and several other producers... 

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      22nd September 2017 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Engineering News iPhone and Android Apps available for free download

Nigeria unlikely to cut fuel sulphur level anytime soon – Rainoil

By: Reuters     22nd September 2017 Nigeria's efforts to cut sulphur levels in its fuel imports are unlikely to succeed this year, the head of a major Nigerian downstream company told the Platts refining conference in Brussels. The government has delayed its target to slash allowed sulphur on imports to 50 parts per million (ppm)... 

Hernic Ferrochrome in business rescue – Mitsubishi

By: Martin Creamer     22nd September 2017 Ferrochrome producer Hernic has been placed in business rescue, Mitsubishi Corporation said on Friday. The businessrescue of the Japanese subsidiary, Mitsubishi Corporation said in a release to Creamer Media’s Mining Weekly Online, is taking place under the Companies Act, following a... 

Lower ARV price to benefit S Africa, increase recipient numbers

By: Sashnee Moodley     22nd September 2017 A new antiretroviral (ARV) pricing agreement reached by the South African government, international organisations and agencies will ensure that more people will have access to treatment, while saving South Africa nearly R12-billion over the next six years. A statement released by the Department... 

Lower ARV price to benefit S Africa, increase recipient numbers

Exxaro, NUM wage agreement halts strike

By: Martin Creamer     22nd September 2017 Coal mining company Exxaro Coal and the National Union of Mineworkers (NUM) have reached a three-year wage agreement, which brings the current wage strike at its Grootegeluk and Leeuwpan mines to a conclusion.  “We are pleased that the parties were able to resolve the dispute speedily,” Exxaro... 

KPMG booted off Business Leadership SA

By: News24Wire      22nd September 2017 The Board of Business Leadership South Africa (BLSA) has decided to suspend the membership of KPMG SA pending the outcome of an independent investigation into the organisation’s involvement in conduct related to “state capture” in South Africa. This follows a process of engagement with KPMG,... 

KPMG booted off Business Leadership SA

Tharisa transitions to owner mining, absorbs 900 contractor personnel

By: Martin Creamer     22nd September 2017 Platinum group metal (PGM) and chrome co-producer Tharisa Minerals on Friday announced the unconditional purchase of mining equipment from MCC Contracts as part of its switch to owner mining, which includes the employment of 900 MCC employees, effective from October 1.  The company, which has... 

Tharisa transitions to owner mining, absorbs 900 contractor personnel
Tharisa CEO Phoevos Pouroulis

Toxic environment to galvanise opposition as Eskom seeks 19.9% hike  

     22nd September 2017 Creamer Media’s Samantha Herbst talks to Engineering News editor Terence Creamer about what can be expected from Eskom’s application for a 19.9% tariff hike. 

A look into Eskom’s double-digit tariff hike application

Kenya Airways asks State to help it with growing competition

By: Reuters     22nd September 2017 Kenya Airways has started talks with the government, seeking its help in coping with competition from foreign carriers operating flights to its Nairobi hub, its chairman said on Thursday. The airline, part-owned by the state and Air France-KLM, is restructuring its finances to cut huge debts and... 

Legislation, without enforcement, is useless in combating poaching in Africa – expert

By: African News Agency      22nd September 2017 Passing legislation, which is not backed up by competent law enforcement on the ground, will not save Africa’s wildlife from the scourge of poaching, an expert said on Thursday. Speaking at ENACT’s World Rhino Day seminar of the Institute for Security Studies (ISS) and Interpol, panellist Tapuwa... 

Gordhan, Jonas meet KPMG International on State capture

By: African News Agency      22nd September 2017 Former finance minister Pravin Gordhan and his former deputy Mcebisi Jonas met with a delegation from auditing firm KPMG International on Thursday. The meeting was attended by KPMG International chairperson, John Veihmeyer, as well as newly appointed CEO for KPMG South Africa, Nhlamu Dlomu. 

Cosatu lays charges against Metrorail with Cape Town police

By: News24Wire      22nd September 2017 The Congress of South African Trade Unions in the Western Cape laid charges against Metrorail at Cape Town Central Police Station on Thursday. At issue is the worsening situation of train transport in the city over the past ten years. 

BER finds CPI expectations unchanged

By: Natasha Odendaal     21st September 2017 The average consumer price index (CPI) inflation expectations for 2018 remain unchanged at 5.8% in the third quarter, according to the Bureau for Economic Research (BER). The bureau’s Inflation Expectations Survey shows that analysts and businesspeople have lowered their forecasts; however, trade... 

Human Settlements department dealing with title deed backlog, rapid urbanising trend

By: Anine Kilian     21st September 2017 Clearing the backlog of about 800 000 title deeds is a major focus point for the Department of Human Settlements (DHS), Minister Lindiwe Sisulu said on Thursday. Addressing delegates at the 2017 National Human Settlements Development Summit, in Ekurhuleni, she stressed the importance of dealing... 

Human Settlements department dealing with title deed backlog, rapid urbanising trend
Photo by Duane Daws
Human Settlements Minister Lindiwe Sisulu

Pan African rolling out vibrant internal growth projects 

By: Martin Creamer     21st September 2017 Midtier gold mining company Pan African is rolling out vibrant internal growth projects involving the revival of Evander Mines’ 7 Shaft and the alleviation of congestion at Barberton Mines’ Fairview operation, which will provide the flexibility needed to better exploit what is arguably the... 

Pan African Resources CEO Cobus Loots outlines gold growth projects to Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer.

Grit delivers 2.7% increase in FY17 distribution

By: Natasha Odendaal     21st September 2017 Mauritius- and Johannesburg-listed Grit Real Estate Income Group on Thursday declared a distribution a share of $0.12 for the year ended June 30, a 2.7% increase on the prior year on the back of strong financial results. The seventh consecutive dividend comprised an interim dividend of $0.06... 

Gauteng govt to launch six megahousing projects in Ekurhuleni in the next 5 years

By: Anine Kilian     21st September 2017 In a move to address the housing backlog across Gauteng, the provincial government will launch two new megahousing projects a month from now until February 2018, revealed Gauteng Human Settlements MEC Paul Mashatile. Speaking at the 2017 National Human Settlements Development Summit, in... 

Gauteng govt to launch six megahousing projects in Ekurhuleni in the next 5 years
Gauteng Human Settlements MEC Paul Mashatile

Eskom not generating enough cash to cover interest on debt – report

By: Terence Creamer     21st September 2017 A new report analysing Eskom’s financial position warns that the State-owned utility is simply not generating enough cash through operations and electricity sales to cover the interest on its borrowings, which will peak at around R500-billion in the coming three years. However, it also argues... 

Eskom not generating enough cash to cover interest on debt – report

SARB keeps key rate at 6.75%, against expectations

By: Reuters     21st September 2017 The South African Reserve Bank (SARB) kept its benchmark repo rate at 6.75% on Thursday, defying market expectations that had predicted a loosening of policy due to easing inflation pressures. Seventeen of 26 economists polled by Reuters had predicted a 25 basis point cut. One had forecast a 50... 

Scottish, South African scientists demonstrate entanglement swapping for quantum communications

By: Schalk Burger     21st September 2017 A team of Scottish and South African researchers demonstrated entanglement swapping and teleportation of orbital angular momentum (OAM) patterns of light, which is a crucial step towards realising a quantum repeater for high-dimensional entangled states. The team of scientists from Heriot-Watt... 

Outa moves to freeze Gupta mines’ rehabilitation trust fund accounts

By: Creamer Media Reporter      21st September 2017 The Organisation Undoing Tax Abuse (Outa) plans to bring about an urgent interdict against the Bank of Baroda to freeze the R1.75-billion held in the Gupta-owned Optimum and Koornfontein coal mines’ rehabilitation trust fund accounts. The group on Thursday said in a statement that the interdict... 

Leaf 2 offers advanced technologies, dynamic new design 

     21st September 2017 The effects of global warming are driving the case for electric vehicles, or EVs, such as the latest zero-emissions EV from global vehicle manufacturer Nissan, the much-anticipated Leaf 2. Tracy Hancock attended the launch in Japan. 

Leaf 2 offers advanced technologies, dynamic new design

Broken lifts and stairs for commuters with wheelchairs

By: News24Wire      21st September 2017 There is no time frame on when railway stations in Cape Town will be universally accessible, but they will be upgraded says Metrorail. The trains themselves will only be fully accessible for wheelchair users in two to three years, GroundUp reported. 

Zambia State power firm to end emergency power imports next year

By: Reuters     21st September 2017 Zambian State power company Zesco expects to end emergency power imports from Mozambique in the first quarter of next year, a senior executive said on Thursday. Zambia's power generation had improved and it will largely manage to meet its electricity requirements, Zesco Director of Transmission... 

Africa to get state-of-art HIV drugs for $75 per patient a year

By: Reuters     21st September 2017 Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help... 

Africa to get state-of-art HIV drugs for $75 per patient a year

ARA recommits to 2020 clean fuels policy

By: Natasha Odendaal     21st September 2017 The African Refiners and Distributors Association (ARA) on Thursday confirmed its commitment to the 2020 clean fuel policy, which outlined a plan for vehicle emission controls and standards to achieve all the benefits of clean air quality. Following a clean fuels workshop in Togo last week, the... 

Zuma schools Trump on climate at UN

By: News24Wire      21st September 2017 President Jacob Zuma on Wednesday declared in his address at the UN that climate change was real. Speaking at the General Debate of the seventy-second Session of the UN General Assembly, Zuma expressed support for victims of hurricanes, arguing that climate change was "real". 

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