http://www.engineeringnews.co.za
R/€ = 14.81 Change: 0.14
R/$ = 12.58 Change: 0.10
Au 1292.87 $/oz Change: 10.53
Pt 908.50 $/oz Change: 29.55
 
Close

Email me free daily news

Email address

Water dept commits to doing more with less as Nkwinti presents R15.6bn budget

By: Natasha Odendaal     Updated 4 hours ago The Department of Water and Sanitation (DWS) is working to “achieve more with less”, with Water and Sanitation Minister Gugile Nkwinti having presented a R15.57-billion budget for 2018/19 on Tuesday. Historical commitments not adequately budgeted for, budgetary constraints influenced by... 

Water dept commits to doing more with less as Nkwinti presents R15.6bn budget
Water and Sanitation Minister Gugile Nkwinti

Study offers upbeat view of Africa’s fourth industrial revolution manufacturing prospects

By: Terence Creamer     Updated 3 hours ago A newly released study into prospects for manufacturing in Africa offers a relatively upbeat assessment of the industrialisation opportunities that could arise should governments move decisively to harness the disruptive trends associated with the unfolding fourth industrial revolution. Titled... 

Study offers upbeat view of Africa’s fourth industrial revolution manufacturing prospects

Nene says outlook for tax revenues unchanged

By: Reuters     22nd May 2018 Finance Minister Nhlanhla Nene said on Tuesday that the outlook for tax revenues remain unchanged, in a blow to the chances of reducing the budget deficit. Nene made the comments in parliament. 

Nene says outlook for tax revenues unchanged
Photo by Creamer Media
Finance Minister Nhlanhla Nene

Feasibility study on moving Parliament to Pretoria to start this month – Speaker

By: African News Agency      Updated 4 hours ago Parliament has appointed a service provider to conduct a feasibility study on moving the national legislature to Pretoria, Speaker Baleka Mbete told members of Parliament (MPs) on Tuesday. "With respect to the proposal of relocating parliament from Cape Town to Pretoria, an external service... 

Feasibility study on moving Parliament to Pretoria to start this month – Speaker

Some South African municipalities in financial distress – Treasury

By: Anine Kilian     Updated 7 hours ago Many municipalities remain in dire financial straits, says the National Treasury.  Its latest report on the state of local government, entitled ‘The State of Local Government and Financial Management 2017’, which was published this week, shows that 17 district municipalities were identified as... 

SKA to cost South African airlines

By: Rebecca Campbell     Updated 5 hours ago The South African component of the international Square Kilometre Array (SKA) radio telescope programme had become a major "headache" for the South African aviation sector, Air Traffic and Navigation Services (ATNS) Executive Manager Jeoffrey Matshoba pointed out in his presentation to the... 

Africa offers great opportunities for business aviation

By: Rebecca Campbell     Updated 5 hours ago There are significant growth opportunities for business and charter aviation in Africa. Already, there are 481 registered private jets in Africa and the continent's year-on-year business aviation growth is 44%. So highlighted ExecuJet Aviation Group GM: Flight Operations Philip du Preez at the... 

Desalination’s future is going solar – TWS

By: Simone Liedtke     Updated 4 hours ago The first highly cost-effective solar-powered desalination plant in South Africa will be commissioned by the end of October at Witsand, in the Hessequa municipality, in the Western Cape. The plant will produce 100 kl/d of fresh water to meet the water requirement of the struggling Witsand village. 

Desalination’s future is going solar – TWS

Cesa to advance ethical leadership strategy

By: Marleny Arnoldi     Updated 3 hours ago At industry organisation Consulting Engineers South Africa’s (Cesa’s) yearly presidential breakfast, on Tuesday, president Naresh Pather discussed the organisation’s strategy for this year under the theme “the future is now”, which is aimed at harnessing effective ethical leadership to address... 

Young Professionals Forum, Cesa to mobilise young professionals in the industry

By: Marleny Arnoldi     Updated 7 hours ago The Young Professionals Forum (YPF), which is part of Consulting Engineers South Africa (Cesa), will host six prominent events this year to aid the advancement of young professionals within the consulting engineering industry.  

African economies urged to take advantage of current global economic upturn

By: Marleny Arnoldi     Updated 4 hours ago PricewaterhouseCoopers chief economist Lullu Krugel says South Africa and African countries have a three-year window to “move and shape” and take advantage of economic growth opportunities during a global economic upturn.  

Too early to expect any marked improvement in trading environment – Rhodes Food

By: Simone Liedtke     Updated 7 hours ago While improving consumer confidence in the country is positive for growth, Rhodes Food Group says it is too early to expect any marked improvements in the regional trading environment. The food manufacturer on Tuesday reported a 16.6% year-on-year increase in its group turnover to R2.5-billion... 

Aton lifts M&R interest to 39.6%

By: Simone Liedtke     Updated 3 hours ago German-owned Aton, has acquired a further 6 600 issued ordinary shares in Murray & Roberts (M&R) at R15 a share, taking its shareholding in M&R to 39.6%. Aton is seeking to acquire all of the shares in M&R not already owned by it. 

Ascendis to get secondary listing on A2X

By: Simone Liedtke     Updated 3 hours ago Multinational healthcare company Ascendis Health will from May 29, also start trading on new exchange A2X. This follows the approval on Tuesday, in which the company was included in the list of qualifying equity securities. 

KSB assists UP in building of controlled-temperature test unit

By: Simone Liedtke     Updated 3 hours ago KSB Pumps and Valves has assisted the University of Pretoria (UP) in the construction of a large controlled-temperature test unit, which will form the backbone of ongoing research into heat transfer, fluid mechanics and thermodynamics. This unit will allow students to plug directly into hot,... 

KSB assists UP in building of controlled-temperature test unit
UP School of Engineering Professor Josua Meyer and KSB Sales Representative Dylan Mitchell

Japan, Russia, Turkey bring potential US tariff retaliation to $3.5bn

By: Reuters     Updated 3 hours ago Japan, Russia and Turkey have warned the United States about potential retaliation for its tariffs on steel and aluminium, the World Trade Organization said on Tuesday, bringing the total US tariff bill to around $3.5-billion annually. The three countries detailed their compensation claims in... 

GE to merge transportation unit with Wabtec in $11.1bn deal

By: Reuters     22nd May 2018 General Electric Co announced a $11.1-billion deal on Monday to merge its transportation business with US rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business. The deal, first reported by Reuters on Sunday, is the biggest to be... 

Angola cuts tax rates for development of marginal oilfields

By: Reuters     Updated 3 hours ago Angola has halved headline tax rates for marginal oil fields as part of a series of laws to drive investment and reverse declining output in Africa's second largest crude producer. The series of presidential decrees, published in the Official Gazette on Friday and made available by the oil... 

Harmony poised to hit 1.5m oz target – CEO 

By: Martin Creamer     Updated 3 hours ago Gold mining company Harmony Gold is well on track to hit its target of 1.5-million ounces of gold a year. The two big steps needed to ensure this – the acquisition and recapitalisation of the Hidden Valley gold mine in Papua New Guinea (PNG), and the acquisition of the Moab Khotsong in South... 

Harmony Gold CEO Peter Steenkamp talks to Mining Weekly Online’s Martin Creamer. Video & Photographs: Dylan Slater. Video editing: Nicholas Boyd.

Water officials responsible for irregular spending to get second chance – Nkwinti

By: News24Wire      Updated 5 hours ago Water and sanitation officials who were involved in dodgy practices that contributed to the department's R6.7-billion in irregular spending last year are to be given a second chance, Minister of Water and Sanitation Gugile Nkwinti said on Tuesday. But he will be watching them. "Part of our... 

Water officials responsible for irregular spending to get second chance – Nkwinti
Water & Sanitation Minister Gugile Nkwinti

Ramaphosa appoints new presiding officer for Tom Moyane disciplinary inquiry

By: News24Wire      Updated 7 hours ago President Cyril Ramaphosa has appointed advocate Azhar Bham, SC, as the presiding officer into the disciplinary charges against suspended South African Revenue Service (Sars) commissioner Tom Moyane. Ramaphosa had initially appointed Judge Kate O’Regan to do the inquiry. 

 Ramaphosa appoints new presiding officer for Tom Moyane disciplinary inquiry
Photo by Creamer Media
Suspended Sars commissioner Tom Moyane

Land reform unlikely to mean constitutional change – analysts

By: Reuters     Updated 7 hours ago South Africa looks likely to implement land redistribution under existing laws rather than by changing the constitution following a ruling party summit, in an approach more palatable to investors, analysts said on Tuesday. President Cyril Ramaphosa, who came to power in February when former... 

Land reform unlikely to mean constitutional change – analysts

Bloodhound timelines revised 

Updated 7 hours ago Creamer Media's Chanel de Bruyn speaks to Creamer Media Senior Deputy Editor Irma Venter about the latest developments with the Bloodhound supersonic car’s landspeed record attempt, which will be held at the Hakskeenpan in the Northern Cape. 

Bloodhound timelines revised

Renergen, SAB tap into gas to reduce carbon emissions with landmark transaction

By: Simone Liedtke     21st May 2018 Natural gas development company Renergen has signed an offtake agreement with Anheuser-Busch InBev (AB InBev)subsidiary South African Breweries (SAB) for the supply of liquefied natural gas (LNG) to power its delivery trucks. The agreement sees the initial roll out of compressed natural gas to a... 

Renergen, SAB tap into gas to reduce carbon emissions with landmark transaction
Renergen CEO Stefano Marani

Allied Steelrode, seven others join task force to lobby for support of downstream steel industry

By: Marleny Arnoldi     21st May 2018 Steel supplier and processing company Allied Steelrode has affirmed its commitment to an industry representative group the CEO Task Force, which will aid in regenerating the country’s steel sector, through mobilising the downstream industry – which suffers the most when challenges arise in the... 

Allied Steelrode, seven others join task force to lobby for support of downstream steel industry
Allied Steelrode executive director Warne Rippon

Alaris Holdings to acquire US radio frequency manufacturer

By: Marleny Arnoldi     21st May 2018 Global radio frequency technology holding group Alaris Holdings’ Alaris Investment Holdings UK subsidiary has signed a membership interest purchase agreement for the acquisition of all of the issued and outstanding membership interests of an undisclosed limited liability company based in the US... 

Dipula reports solid H1 financial results, expects FY dividend growth

By: Marleny Arnoldi     21st May 2018 Real estate investment trust (Reit) Dipula Income Fund achieved an 11.5% year-on-year increase in distributable earnings to R216.4-million for the six months to February 28.  

Proposed Mpumalanga SEZ to boost provincial economy, skills development

By: Simone Liedtke     21st May 2018 Trade and Industry Minister Dr Rob Davies has approved a recommendation that the Nkomazi Special Economic Zone (SEZ), in Mpumalanga, be designated and has called on the public and interested parties to comment on the proposed designation by June 28. The application for the designation of the... 

Operational due diligence important to mitigating risk

By: Anine Kilian     21st May 2018 Investing in operational risk management is key to mitigating corporate fraud, poor governance and simple errors which result in losses for companies and consequently investors, Mercer Sentinel Africa Middle East, India and Turkey head Nigel Morriss said on Monday. Addressing media at a briefing... 

Outa welcomes Nersa’s withdrawal of SSEG registration rules

By: Marleny Arnoldi     21st May 2018 Nonprofit organisation, the Organisation Undoing Tax Abuse (Outa), has welcomed the National Energy Regulator of South Africa’s (Nersa’s) decision to withdraw the proposed rules to govern the registration of small-scale embedded generation (SSEG) below 1 MW.  

Outa welcomes Nersa’s withdrawal of SSEG registration rules

AfDB, Unido sign MoU to improve Africa’s industrialisation

By: Marleny Arnoldi     21st May 2018 The African Development Bank (AfDB) and the United Nations Industrial Development Organisation (Unido) have signed a memorandum of understanding (MoU) to step up collaboration that will boost Africa’s industrialisation. 

AfDB, Unido sign MoU to improve Africa’s industrialisation

Kropz clinches offtake from phosphates project

By: Martin Creamer     21st May 2018 Plant nutrient minerals development company Kropz, which is developing the Elandfontein phosphates mining and processing project in the Western Cape, has secured several offtake agreements ahead of production. The cornerstone offtake agreement, for about a third of its production at market prices... 

Kropz clinches offtake from phosphates project
Photo by Creamer Media
Kropz CEO Ian Harebottle

TNPA appoints new COO, GM of corporate affairs

By: Simone Liedtke     21st May 2018 Nozipho Mdawe has been appointed COO of Transnet National Ports Authority (TNPA), with effect from May 21. Mdawe takes over the role recently vacated by Phyllis Difeto and briefly held in an acting capacity by Moshe Motlohi.  

TNPA appoints new COO, GM of corporate affairs
Newly-appointed TNPA COO Nozipho Mdawe

UJ home to new SARChI Chair in Built Environment

By: African News Agency      21st May 2018 The University of Johannesburg (UJ) on Monday announced that it has received a new research chair following the announcement of the latest round of awards by the National Research Foundation in its South African Research Chairs Initiative (SARChI) programme. The Faculty of Engineering and the... 

Aton says will not support M&R’s proposed transaction with Aveng

By: Simone Liedtke     21st May 2018 German-owned Aton believes Murray & Roberts (M&R) is putting its interests ahead of that of shareholders and other stakeholders with its proposed combination with Aveng. The sole intent of M&R’s announcement on Friday that it plans to merge with Aveng, Aton states, is to frustrate Aton’s... 

Texton says concludes deal on acquisition of a portfolio of logistics properties

By: African News Agency      21st May 2018 Property investment fund Texton said on Monday it had concluded agreements with Equites Property Fund and various wholly-owned subsidiaries for the acquisition of a portfolio of logistics properties for an aggregate purchase consideration of R205.3-million. Texton said the acquisition was... 

South African CEO selected to Obama Africa leadership programme

By: African News Agency      21st May 2018 Former US President Barack Obama's foundation has elected the chief executive of Johannesburg digital innovation hub, Tshimologong Precinct as a member of the inaugural class of its Africa leadership programme. Tshimologong Precinct said Lesley Williams, was appointed as part of the Obama... 

Volvo Group Southern Africa to invest millions in youth empowerment

By: African News Agency      21st May 2018 Volvo Group Southern Africa said it was planning to invest more than R20-million on apprenticeship training, automotive industry learnerships, disabled person learnerships, as well as internships in 2018. President of Volvo Group Southern Africa, Torbjörn Christensson, said that since 2015, the... 

Latest News  by  

more

Company Article

more

Latest Videos and Audio

Bloodhound timelines revised

On-The-Air (18/05/2018)

Energy sector to contribute $25bn to SA’s $100bn investment target

Rik Rhino

Technical construction used to change historical building to modern art museum

On-The-Air (11/05/2018)

Agriculture industry grows despite challenges

FujiFilm unveils innovation centre to get closer to clients

more

Manufacturing News

Capital Equipment

Chemicals & Pharmaceuticals

Clothing & Textiles

Food & Beverage

Foundries, Forges & Die-Casting

Furniture & Wood products

Hydraulics

Industrial Filters & Filtration

Instrumentation & Control

Manufacturing

Metals & Engineering

Paper, Plastics, Packaging, Printing

Pipes & Tubes

Pumps

Rubber

Valves

Welding & Cutting

Services News

Architecture

Business Process Outsourcing

Consulting Engineers

Corrosion Control

Education & Skills Development

Financial

Legal

Maintenance

Material Handling

Quality Assurance & Standards

Quantity Surveyors

Company Announcements

more

Research Reports

Projects

more

Press Office

more

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close