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Global EV sales growth continues, but significant slowdown in some markets – BloombergNEF
Updated 2 hours 54 minutes ago By: Irma Venter

Electric vehicle (EV) markets around the world are not all travelling in the same direction, or at the same speed, in 2024, says research group BloombergNEF (BNEF) in its newest EV Outlook Report. While global sales of EVs continue to rise, some... 

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RCL expects 75% y/y growth in headline earnings
Updated 4 hours ago By: Marleny Arnoldi

JSE-listed consumer goods group RCL Foods expects to report a 75% year-on-year increase in headline earnings per share (HEPS) for the financial year ending June 30, supported by higher earnings in... 

Invicta reports increase in operating profit despite challenges
Updated 47 minutes ago By: Sabrina Jardim

In its audited consolidated results for the financial year ended March 31, investment holding and management company Invicta Holdings reports that its operating profit grew by 8% to R702-million,... 

Defence industries association calls for greater investment in the underfunded SANDF
Updated 2 hours 59 minutes ago By: Rebecca Campbell

South African Aerospace, Maritime and Defence Industries Association (AMD) CEO Sandile Ndlovu has issued an open letter to the country’s next (and currently not yet known or appointed) Defence... 

Rolls-Royce to lead hydrogen-fuelled combustion engine development project in Germany
Updated 42 minutes ago By: Rebecca Campbell

Rolls-Royce Power Systems, the Germany-based business of UK-based global major power and propulsion systems group Rolls-Royce, has announced that it is leading a consortium of German companies and... 

Electric aviation company chooses Siemens software for its design processes
21st June 2024 By: Rebecca Campbell

Australian sustainable aviation company Dovetail Electric Aviation (Dovetail) has selected Siemens Digital Industries Software’s Xcelerator software portfolio to employ in the design of its... 

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CoJ, City Power say High Court did not consider all evidence in Eskom case
21st June 2024 By: Darren Parker

In response to a recent Johannesburg High Court order favouring State-owned utility Eskom in a payment dispute with the City of Johannesburg (CoJ) and City Power, the CoJ and City Power say the... 

AI abstract
61% of manufacturers expect AI to drive growth by 2029, study finds
21st June 2024 By: Darren Parker

Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024. These findings are part of Zebra’s ‘2024 Manufacturing... 

BUTEC unveils rebranding strategy
21st June 2024 By: Sabrina Jardim

As part of a rebranding strategy to showcase its full spectrum of services, electromechanical contractor and facility management services provider, BUTEC Group has rebranded its subsidiaries in... 

Kendal among the stations for which an exemption from the MES timeframes and limits will be sought
Eskom to apply for MES exemptions for four coal stations that will operate beyond 2030
21st June 2024 By: Terence Creamer

Having secured permission to operate five aged power stations under existing minimum emission standards (MES) plant limits until their closure in 2030, Eskom has confirmed that it will be applying... 

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Outa urges Ramaphosa to dump Ministers Mantashe, Nzimande, Chikunga
21st June 2024 By: Thabi Shomolekae

Ahead of President Cyril Ramaphosa’s much anticipated new Cabinet appointments, the Organisation Undoing Tax Abuse is urging him not to reappoint Minister of Mineral Resources and Energy Gwede... 

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Frik Potgieter and Peter Huxham
Families to petition Pan-African Parliament for release of two South African prisoners
21st June 2024 By: Darren Parker

On June 24, 501 days after two South African men were allegedly unlawfully arrested in Equatorial Guinea, their families are going to hand over a formal request to Pan-African Parliament (PAP)... 

An image indicating the original BRICS member States, as well as new members
More Asian nations want to join Putin, Xi in expanded BRICS
21st June 2024 By: Bloomberg

As Russian President Vladimir Putin and Chinese Premier Li Qiang wrapped up separate meetings in Southeast Asia this week, the two partners in the BRICS economic bloc encountered a region keen to... 

University of Fort Hare Vice-Chancellor Professor Sakhela Buhlungu (left) and South Africa President Cyril Ramaphosa.
Global gold mining major highlights academic partnership with South Africa’s Fort Hare
21st June 2024 By: Martin Creamer

The University of Fort Hare, where the offspring of mineworkers were the first graduates, has agreed a R12.5-million, initial ten-year academic partnership with gold mining major AngloGold Ashanti,... 

Tshwane's energy procurement plans
Tshwane's energy procurement plans
21st June 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the City of Tshwane's plans to procure 1 000 MW of new electricity generation capacity and how it is likely to proceed with the procurement... 

China's Tsingshan $1bn steel plant in Zimbabwe starts production
21st June 2024 By: Reuters

China's nickel giant Tsingshan Holding Group has started production at its $1-billion steel plant in central Zimbabwe, a company official said on Thursday. Tsingshan's Dinson Iron and Steel Company... 

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Magazine round up | 21 June 2024
Magazine round up | 21 June 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

EXPORT SHIFT: Volkswagen South Africa (VWSA) is sceptical about South Africa’s plans to produce electric vehicles for export to developed markets and is instead focusing on sustaining outlets for its internal combustion engine vehicles, notably the Polo, seen here being assembled at its Kariega plant. VWSA MD Martina Biene is quoted by Bloomberg as saying that Europe “won’t call on us to make battery electric vehicles” as there is enough capacity on the continent where transport costs are lower. Photograph: Bloomberg

Volkswagen South Africa (VWSA) is sceptical about South Africa’s plans to produce electric vehicles for export to developed markets and is instead focusing on sustaining outlets for its internal... 

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Democratisation of South Africa’s public market system is a must

South Africa’s democracy is 30 years old but, in that time, its public market system has failed to be democratised. Admittedly, large institutions on the Johannesburg Stock Exchange are investing... 

Photo of Terence Creamer
Defusing CBAM

South Africa is strenuously opposing the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM) that, under its evolving design and coverage, could have a significant impact on the... 

Business Leader

Ingrid Osborne, CEO of Saryx
Ingrid Osborne

This week we profile Ingrid Osborne, CEO of Saryx, which specialises in integration solutions for industrial control and automation, ICT, rail monitoring, and document management and compliance 


The World Bank Port Index, which ranked South African ports near to the bottom of the global pile, is backward-looking and is, thus, not fully reflective of recent efforts made to address... 


The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...


FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.


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