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Covid-19 pushes back start of Navara production at Nissan SA 

By: Irma Venter     6th July 2020 The start of assembly of the one-ton Navara pickup at Nissan South Africa’s (Nissan SA’s) Rosslyn plant, in Pretoria, has been pushed back from November this year to early next year, says Nissan Group of Africa MD Shinkichi Izumi. “Covid-19 has caused a slight delay in the start of production.” 

Covid-19 pushes back start of Navara production at Nissan SA
Shinkichi Izumi

Engineering News & Mining Weekly e-magazine now available

2nd July 2020 For the duration of South Africa’s Covid-19 lockdown period, Creamer Media is providing free digital access to our flagship Engineering News & Mining Weekly news magazine. Click now to read our latest edition. 

Engineering News & Mining Weekly e-magazine now available

Seifsa eagerly awaits scrap metal industry relief  

By: Marleny Arnoldi     6th July 2020 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed government's announcement that it has tasked the International Trade Administration Commission (Itac) of South Africa to look into measures to support the metals and engineering (M&E) sector. Seifsa says it... 

Seifsa eagerly awaits scrap metal industry relief

Minerals Council regrets delay of 2018 Mining Charter review 

By: Martin Creamer     6th July 2020 Minerals Council South Africa on Monday expressed regret that the finalisation of the review of the contested elements of the 2018 Mining Charter had been delayed following a judgement of the full bench of the High Court in Pretoria ordering that a number of other parties be joined to the action.... 

Minerals Council regrets delay of 2018 Mining Charter review
Photo by Creamer Media
Minerals Council South Africa.

CoJ council has until Friday to approve budget

By: Sane Dhlamini     6th July 2020 Gauteng Cooperative Governance MEC Lebogang Maile has urged  the City of Johannesburg Municipal Council to put the interest of the residents of the City first following its failure to approve an annual budget for the start of the municipal financial year 2020/21. The Gauteng Provincial Executive... 

CoJ council has until Friday to approve budget

Nedbank launches SDG-linked capital instrument

By: Marleny Arnoldi     6th July 2020 Nedbank has launched a new “green” tier two capital instrument that is linked with sustainable development goals (SDG), which is the first of its kind in South Africa. The instrument is linked on the green bonds segment of the JSE.  

BER says some criticism of Treasury is misplaced

By: Simone Liedtke     6th July 2020 The Bureau for Economic Research (BER) says a heated debate is raging about the fiscal consolidation outlined in the supplementary budget tabled by Finance Minister Tito Mboweni on June 24. "The debate ranges from vociferous critique against the planned spending cuts from 2021 to scepticism from... 

Roles of govt, business in restarting economy need clearer definition, says BLSA

By: Donna Slater     6th July 2020 In her weekly newsletter, Business Leadership South Africa (BLSA) CEO Busi Mavuso says a clearer perspective of the roles and responsibilities of business and government needs to be established as the country grapples with restarting its economy. She notes that, on one level, there are common... 

Roles of govt, business in restarting economy need clearer definition, says BLSA
Photo by Creamer Media's Donna Slater
BLSA CEO Busi Mavuso

Industrial property seems to weather Covid-19 weakening best - FNB

By: Marleny Arnoldi     6th July 2020 Brokers continue to perceive the industrial property market as the strongest of the three classes in commercial property – industrial, retail and office. However, there has been weakening demand-supply balances in all three property classes since Covid-19 hit South Africa, says FNB property... 

Industrial property seems to weather Covid-19 weakening best - FNB

Blue Label expects double-digit rise in earnings

By: Natasha Odendaal     6th July 2020 JSE-listed Blue Label Telecoms expects to report a more than 20% increase in earnings for the year ended May 31, 2020. This will be a turnaround on the prior year’s performance, which reported losses on basic, headline and core headline a share of 727.81c, 312.49c and 304.77c respectively. 

Air Products and thyssenkrupp sign green hydrogen agreement

By: Schalk Burger     6th July 2020 NYSE-listed industrial gases multinational Air Products and industrial technology multinational thyssenkrupp on July 5 announced that they had signed an exclusive strategic cooperation agreement to develop world-scale electrolysis plants to generate green hydrogen. The two companies will... 

UFS expanding virtual student support services

By: Schalk Burger     6th July 2020 The University of the Free State (UFS) on July 6 announced that it was adding tutoring and mentoring services to its student support initiatives. These would be funded by the youth education nonprofit organisation Michael & Susan Dell Foundation. The projects the university will implement are... 

Cement sector welcomes Sidssa commitments, urges increased local content

By: Tasneem Bulbulia     1st July 2020 The South African cement industry, represented by industry organisation, The Concrete Institute (TCI), has welcomed the outcomes of the Sustainable Infrastructure Development Symposium South Africa (Sidssa), held last week.  The symposium was convened by Dr Kgosientso Ramokgopa, head of the... 

Airbus wins new generation satellite order form Australian telecoms group

By: Rebecca Campbell     6th July 2020 Airbus Defence and Space has been awarded an end-to-end turnkey contract for a telecommunications satellite by Australia’s leading satellite operator and number two telecommunications company, Optus. This is Airbus’ first contract from an Australian operator and is the fourth order for Airbus’... 

Insolvent global Internet satellite communications company bought by UK/India partnership

By: Rebecca Campbell     6th July 2020 UK-domiciled but US-based global Internet satellite communications company OneWeb, which became insolvent because of the effects of the Covid-19 pandemic, has been bought by an international public-private partnership (PPP). OneWeb’s aim is to establish a constellation of, at first, 650... 

Insolvent global Internet satellite communications company bought by UK/India partnership
Photo by OneWeb
An artist’s impression of a OneWeb satellite in orbit.

Rolls-Royce strengthens its back-up power business through Belgian acquisition

By: Rebecca Campbell     6th July 2020 UK-based global industrial technology company Rolls-Royce has strengthened its position in both the back-up power systems sector and in Africa by its acquisition of Belgian company Kinolt, a specialist in dynamic uninterruptible power supply (UPS) systems. Kinolt has installed dynamic UPS systems... 

Regulation of online contracts needed to protect consumers, says SU academic

By: Tasneem Bulbulia     6th July 2020 Almost every time one browses a website, click the “accept” icon or download software, they are concluding an online contract  ̶  a non-negotiated contract such as the terms and conditions regulating the use of websites or the privacy policies of online suppliers. People are rarely required to... 

Third-quarter ferrochrome benchmark price rolls over at $1.14/lb

By: Martin Creamer     6th July 2020 The European benchmark ferrochrome price for the third quarter of 2020 has been settled at $1.14/lb, a rollover from the second quarter of 2020, JSE-listed Merafe Resources advised shareholders on Monday. This price remains an increase of 12.9% on the first-quarter price of $1.01/lb. 

Third-quarter ferrochrome benchmark price rolls over at $1.14/lb
Photo by Creamer Media
Lion ferrochrome.

Ramaphosa calls for caution around elderly during Covid-19

By: Sane Dhlamini     6th July 2020 President Cyril Ramaphosa has called for vigilance and cautiousness as the country prepares to reach its peak of Coronavirus infections, and has placed emphasis on ensuring that the elderly are not exposed to the virus. In his weekly column to the nation Ramaphosa said as part of the national... 

Ramaphosa calls for caution around elderly during Covid-19
President Cyril Ramaphosa

Displacement continuing at copper mine where openpit give way is imminent 

By: Martin Creamer     6th July 2020 Vertical and horizontal displacement is continuing at the Nchanga Open Pit Cut 2 in Chingola in Zambia, where geo-technical assessments point to an imminent collapse of a portion of the open pit – but the anticipated slough had not happened by late Sunday when Mining Weekly spoke by phone to... 

Displacement continuing at copper mine where openpit give way is imminent
Photo by Creamer Media
Konkola Copper Mines CEO Chris Sheppard.

Numsa, Sacca to take legal action to prevent SAA liquidation; call for Mboweni to be fired

By: African News Agency      5th July 2020 The National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) intend to take legal action to prevent the liquidation of South African Airways (SAA), and have urged President Cyril Ramaphosa to fire Finance Minister Tito Mboweni. Numsa and Sacca... 

Nxesi welcomes arrest of five people who allegedly defrauded UIF of R5.7m in Covid-19 relief funds

By: African News Agency      5th July 2020 Employment and Labour Minister Thulas Nxesi has welcomed the arrest this weekend of five suspects accused of being part of "the enterprise that scammed R5.7 million" from the Unemployment Insurance Fund (UIF) meant to provide relief for workers during the coronavirus (Covid-10) lockdown. The five... 

Sasol gives up licence to seek offshore gas in Mozambique

By: Reuters     5th July 2020 South African petrochemicals giant Sasol has opted to give up its licence to explore for gas off the Mozambique coast, the company said on Sunday. "Sasol will return Block 16/19 in its entirety to the Government of Mozambique. To this end, a withdrawal notification has already been sent to the... 

AfDB concludes R2bn investment in Nedbank SDG-linked bonds

By: Tasneem Bulbulia     3rd July 2020 Finance institution, the African Development Bank (AfDB) group, has concluded the investment of R2-billion in Sustainable Development Goals-linked bonds (SDG bonds) issued by banking group Nedbank South Africa. This investment, which is listed on the green bonds segment of the JSE, will... 

'You are ready and getting readier' – Ramaphosa is pleased with Mpumalanga's Covid-19 plans

By: News24Wire      3rd July 2020 Conducting an oversight visit in Mpumalanga on Friday, President Cyril Ramaphosa said he was pleased with the plans the province has put in place to deal with Covid-19, especially as infections are expected to rise. As of 2 July, Mpumalanga had 1 478 confirmed cases of Covid-19, one of the... 

'You are ready and getting readier' – Ramaphosa is pleased with Mpumalanga's Covid-19 plans
President Cyril Ramaphosa

Ramaphosa says coronavirus forums will be rolled out countrywide

By: Yvonne Silaule     3rd July 2020 President Cyril Ramaphosa on July 3 said coronavirus forums would be rolled out nationwide and commended the Mpumalanga province for establishing the first such forums. “I commend the Mpumalanga province for establishing coronavirus forums. It is a new approach and it is fantastic coming from the... 

Mobility as a service using cellphones proposed for safe transport

By: Schalk Burger     3rd July 2020 Multinational engineering consultancy Royal HaskoningDHV has proposed using technology to monitor hotspots and ensure safe commuting, as well as reduce the need to increase the number of public transport vehicles to enable safe transport. Technology can help to manage supply and demand more... 

Zondo Commission is biased, a 'farce', says letter from ex-Prasa CEO Lucky Montana

By: News24Wire      3rd July 2020 The former CEO of the Passenger Rail Agency of South Africa, Lucky Montana, has lashed out at the Commission of Inquiry into State Capture, accusing the committee's chairperson, Deputy Justice Raymond Zondo, of "bias" following days of hearing damning evidence about alleged corruption at the rail... 

 Zondo Commission is biased, a 'farce', says letter from ex-Prasa CEO Lucky Montana
Photo by Creamer Media
Former Prasa CEO

South African think tank joins overseas partners in condemning China over Hong Kong

By: Rebecca Campbell     3rd July 2020 South African think tank the Free Market Foundation (FMF) has joined 36 other such institutions, spread across 35 countries and territories, in releasing an open letter condemning the actions of the People’s Republic of China (PRC) government regarding Hong Kong. The think tanks form the Economic... 

Mpumalanga develops ‘pillared strategy’ to curb Covid-19 spread

By: Yvonne Silaule     3rd July 2020 With Mpumalanga coronavirus infections projected to peak in the latter part of July, the province has developed a pillared strategy to alleviate the spread of the virus. The number of Covid-19 infections in the province is currently at 1 478. Mpumalanga Premier Refilwe Mtshweni-Tshipane said the... 

Mpumalanga develops ‘pillared strategy’ to curb Covid-19 spread

Alstom launches new Mastria mobility orchestration solution

By: Schalk Burger     3rd July 2020 Transport and rail multinational Alstom has launched a new version of multimodal supervision and mobility orchestration solution Mastria, which uses artificial intelligence (AI) to provide operators and transport authorities with enhanced passenger flow management tools. The solution allows... 

Reliable connectivity essential for effective IoT

By: Schalk Burger     3rd July 2020 A global study conducted by satellite communications multinational Inmarsat found that only 15% of mining organisations consistently have access to reliable connectivity for their Internet of Things- (IoT-) enabled projects. Inmarsat’s research programme into IoT trends 'The Rise of IoT in... 

Patel directs Itac to look into scrap metal price preference system

By: Marleny Arnoldi     3rd July 2020 Trade and Industry Minister Ebrahim Patel has issued a trade policy directive to the International Trade Administration Commission of South Africa (Itac) to urgently look into measures to help support the scrap metals industry. Patel said the industry was facing severe challenges owing to... 

Patel directs Itac to look into scrap metal price preference system

ECSA suspends four Satellite Centres in light of Covid-19 

By: Simone Liedtke     3rd July 2020 The Covid-19 pandemic has challenged and shifted the premise upon which the Engineering Council of South Africa’s (ECSA’s) Satellite Centres were introduced, leading to the suspension these four centres, says ECSA acting strategic services executive Millicent Kabwe. In email correspondence to... 

Sasol narrows immediate asset-disposal focus to ‘top ten’ list 

By: Terence Creamer     3rd July 2020 Chemicals and energy group Sasol has developed a list of ten major assets that will be prioritised for sale in the coming weeks and months as it moves to streamline the business into what is being termed ‘Sasol 2.0’, while also raising proceeds to help it reduce a $9.5-billion debt burden. In... 

Sasol narrows immediate asset-disposal focus to ‘top ten’ list
Photo by Creamer Media
Sasol CFO Paul Victor

Moon metals discovery aids development of lunar formation theories

By: Rebecca Campbell     3rd July 2020 Scientists using data from the US National Aeronautics and Space Administration’s (Nasa’s) Lunar Reconnaissance Orbiter (LRO) spacecraft have discovered evidence that the Moon might, underneath its surface, be richer in metals (such as iron and titanium) than had previously been believed. Nasa is... 

Moon metals discovery aids development of lunar formation theories

Groceries, household supplies and utility bills top international list of higher cost items

By: Simone Liedtke     3rd July 2020 The majority of people across 26 surveyed countries say the overall cost of food, goods and services have increased for them and their families since the Covid-19 pandemic started, according to a global survey by market research company Ipsos. Three in five people (60%) in an online poll of... 

Capacity development, training continues with virtual meetings

By: Schalk Burger     3rd July 2020 Professional development nonprofit organisation The South Africa Road Federation (SARF) is delivering ten accredited courses using Microsoft Teams during July and August, with planning for courses later in the year also under way, SARF operations director Basil Jonsson says. South Africa’s road... 

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