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Nissan plant rolls out INTUboxes to hospitals 

By: Irma Venter     1st June 2020 Local arm of Japanese vehicle maker Nissan and the University of Pretoria (UP) have partnered to create and manufacture INTUboxes.   The INTUbox is a transparent vessel-box which protects health professionals who have to intubate and treat acutely ill Covid-19 patients.  

Nissan plant rolls out INTUboxes to hospitals

Engineering News & Mining Weekly e-magazine now available

28th May 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

Ford implements phased restart at vehicle, engine plants 

By: Irma Venter     1st June 2020 Ford has implemented a phased restart for its South African operations beginning June 1, including kicking off vehicle and engine production and bringing back the first wave of employees who are not able to do their jobs remotely. "We’ve been working intently with national government, our safety... 

Ford implements phased restart at vehicle, engine plants

SAA rescue plan features more bailouts 

By: Reuters     1st June 2020 A draft rescue plan for South African Airways (SAA) contains about R4.6-billion of new bailouts as part of a restructuring aimed at saving the airline from collapse, a copy of the plan showed on Monday. State-owned SAA entered business rescue - a local form of bankruptcy protection - in December... 

SAA rescue plan features more bailouts

New Africa-focused IPP venture emerges following buy-out

By: Terence Creamer     1st June 2020 A new Africa-focused renewables independent power producer (IPP) has been formed following a buy-out of Building Energy’s Africa and Middle East business by a joint venture comprising Building Energy’s management and Inspired Evolution’s Evolution II Fund. Rebranded Red Rocket and headquartered... 

New Africa-focused IPP venture emerges following buy-out

SAPVIA says draft new generation regulations fall short of mark

By: Creamer Media Reporter      Updated 7 hours ago The South African Photovoltaic Industry Association (SAPVIA) says draft amendments to the Electricity Regulations on New Generation Capacity enabling municipalities to develop or procure their own power generation fall short of addressing needs of either industry or municipalities. Mineral... 

SAPVIA says draft new generation regulations fall short of mark

Production capacity rises in May but to remain subdued until demand grows

By: Donna Slater     1st June 2020 Having plunged to an all-time low of 5.1 index points in April, financial services provider Absa’s Purchasing Manager’s Index (PMI) survey rose sharply to 43.2 index points in May, propelled by many factories returning to production in May when South Africa went into Alert Level 4, the bank... 

ANC looks for new levers to boost South Africa’s economy

By: Bloomberg     1st June 2020 The head of economic transformation in South Africa’s ruling party proposed a range of measures to bolster the economy, ranging from encouraging the use of pension funds and the central bank to finance infrastructure spending to the creation of a state bank and pharmaceutical company. Enoch... 

ANC looks for new levers to boost South Africa’s economy
Enoch Godongwana

Kganyago sees limit to central banks’ virus role

By: Bloomberg     1st June 2020 South African Reserve Bank Governor Lesetja Kganyago warned against unrealistic expectations about what central banks can do to soften the coronavirus’s impact and said they should remain focused on maintaining price and financial stability. Kganyago’s comments, made in an interview with... 

Outlook continues to deteriorate – Standard Bank

By: Martin Creamer     1st June 2020 The outlook for the 12 month period to the end of December continues to deteriorate, Standard Bank stated on Monday in a voluntary trading update and trading statement for the six month period ending June 30. Africa’s biggest lender by assets advised that earnings in the six months to June 30... 

Outlook continues to deteriorate – Standard Bank
Standard Bank Group building

TIPS Tracker: The economy and the pandemic

1st June 2020 Trade and Industrial Policy Strategies' (TIPS's) 'Tracker: The economy and the pandemic' highlights important trends in the Covid-19 pandemic in South Africa and how they affect the economy. Trends in Covid-19 infections in the Western Cape continue to look qualitatively different from the rest... 

TIPS Tracker: The economy and the pandemic

Bidvest warns of lower earnings amid Covid-19

By: Donna Slater     Updated 7 hours ago Services, trading and distribution group, the Bidvest Group, expects its headline earnings a share and earnings a share for the financial year to June 30 to be more than 20% lower year-on-year, as a result of the impact of Covid-19 on some of its businesses. While trading profit has been... 

Renergen remains on track to execute Virginia gas project

By: Simone Liedtke     Updated 7 hours ago The 2020 reporting period has arguably been emerging liquefied natural gas (LNG) and helium producer Renergen’s busiest to date, with major milestones including a successfully completed initial public offering on the ASX, which raised A$10-million for the company, ensuring that the company... 

Grinaker-LTA predicts construction woes will pass, emerging sectors will shore up industry

By: Schalk Burger     1st June 2020 Although the construction industry is experiencing serious headwinds as a result of stagnant growth, low business confidence, a lack of investment and, most recently, the impact of Covid-19-related restrictions, construction multinational Grinaker-LTA says there will always be a need for the... 

Gautrain extends operating hours

By: Donna Slater     1st June 2020 The Gautrain will, from June 1, expand its operating hours for the train service, in live with the easing of travel restrictions. Trains will operate daily, with the first trains departing from end stations at 05:30 and the last trains departing from these stations at 20:30.  

Gautrain extends operating hours

Telenor, Sony and Ericsson team to develop smart IoT devices

By: Natasha Odendaal     1st June 2020 Ericsson, Sony Network Communications Europe and Telenor Connexion are collaborating to enhance intelligent real-time location, tracking and monitoring solutions for different sectors using the Internet of Things (IoT). The trio are leveraging Telenor's network, Ericsson’s IoT Accelerator for... 

Astronauts carried into space by commercial spacecraft from SpaceX

By: Rebecca Campbell     1st June 2020 Space history was made on May 30 when two American astronauts (Robert Behnken and Douglas Hurley) were carried into space by a commercial spacecraft. This was the Crew Dragon space capsule, launched on a Falcon 9 rocket, the entire system being the product of the SpaceX company, founded by South... 

Astronauts carried into space by commercial spacecraft from SpaceX
Photo by Nasa
The Falcon 9 rocket carrying the Crew Dragon spacecraft lifts off from KSC on May 30.

EU to revamp steel-import controls as virus-hit economy recovers

By: Bloomberg     1st June 2020 The European Union plans to revamp its steel-import restrictions to guard against major market distortions as the bloc’s economy recovers from the effects of the pandemic. The proposed changes apply to EU import curbs introduced two years ago to prevent a controversial 25% US levy on foreign... 

EU to revamp steel-import controls as virus-hit economy recovers

Rockwell releases industrial cybersecurity assessment app

By: Schalk Burger     Updated 1 minute ago Industrial technology multinational Rockwell Automation has released a new app to help operations managers, plant floor managers and information technology/operational technology (IT/OT) professionals gauge levels of operational risk within their connected infrastructures. The Assessment Hub app... 

Digital enterprises needed to ensure effective remote working

By: Schalk Burger     Updated 2 minutes ago To take advantage of a digitally-connected, remote workforce, enterprises should use digital workers, such as robotic process automation, chatbots and virtual assistants, to do repetitive work or data analysis while employees focus on decision-, direction- and emotional tasks supported by the... 

Kariba dam's water allocation targets maintained, says authority

By: Schalk Burger     Updated 2 minutes ago Binational catchment authority, the Zambezi River Authority in a June 1 update on the state of the Kariba dam at the end of the rainy season said it has predominantly maintained the allocation of 23-billion cubic metres of water to power uitilities Zesco, in Zambia, and the Zimbabwe Power... 

New Finnish copper technology for Democratic Republic of Congo 

By: Martin Creamer     1st June 2020 New copper solvent extraction technology is to be delivered to the Democratic Republic of Congo (DRC) by Finnish mining technology company Outotec. La Sino-Congolaise des Mines SA (Sicomines) has awarded the contract for the delivery of the copper solvent extraction plant to Sicomines’... 

New Finnish copper technology for Democratic Republic of Congo
Photo by Outotec
Solvent extraction lines.

Bowmans into Malawi, Zambia amid pandemic

By: Sane Dhlamini     1st June 2020 Law firm Bowmans has expanded its services to Malawi and Zambia despite the coronavirus (Covid-19) pandemic that is crippling the world economy. The announcement comes less than a year after it announced it was opening a new office in Mauritius and entering into an alliance with Assefa &... 

Bowmans into Malawi, Zambia amid pandemic

New Sabric CEO appointed

By: Schalk Burger     1st June 2020 Nischal Mewalall has been appointed CEO of the South African Banking Risk Information Centre (Sabric). He was appointed after an extensive search and brings a wealth of experience and insights to the organisation, which can only help build on Sabric’s firm foundations, while also looking at... 

Ukwazi launches sustainable mining, environmental and mine closure management division

By: Schalk Burger     1st June 2020 Mining service specialist company Ukwazi on June 1 launched a new division to provide solutions for environmental and closure liability management, including post-closure plans. New approaches in environmental and social governance are required to successfully manage complex country, market and... 

S African ministry says hasn't yet discussed SAA rescue plan

By: Reuters     1st June 2020 South Africa's public enterprises ministry said on Monday that it had not yet discussed a draft business rescue plan for struggling South African Airways, which an opposition party made public earlier in the day. "Government has not discussed the plan yet and no decisions have been taken on some... 

S African ministry says hasn't yet discussed SAA rescue plan

NPA gets two new deputy national directors  

By: Sane Dhlamini     1st June 2020 President Cyril Ramaphosa has appointed Advocates Ouma Rasethaba and Rodney de Kock as Deputy National Directors of Public Prosecutions with effect from June 1. Advocate Mthunzi Mhaga has also been appointed Special Director of Public Prosecutions. The appointments come following consultations... 

NPA gets two new deputy national directors
President Cyril Ramaphosa

Ramaphosa congratulates Musk on success of CrewDragon space flight

By: Rebecca Campbell     1st June 2020 South African President Cyril Ramaphosa on June 1 sent warm congratulations to South African-born engineer and entrepreneur Elon Musk on the success of the first crewed commercial space flight in history. Musk is the founder and chief engineer of US enterprise SpaceX. “In the midst of our... 

Ramaphosa congratulates Musk on success of CrewDragon space flight
Photo by Nasa
The CrewDragon space capsule about to dock with the International Space Station, with its nose cone open, revealing docking attachment points and the crew transfer hatch

Scientists advised Cabinet to go to Level 1, govt chose middle ground - Ramaphosa

By: News24Wire      1st June 2020 President Cyril Ramaphosa has said that scientists who are advising government on the response to the coronavirus crisis recommended that South Africa could move to Level 1 of the nationwide lockdown, as it had become a "blunt tool" in curbing the spread of the pandemic in the country. But the... 

Scientists advised Cabinet to go to Level 1, govt chose middle ground - Ramaphosa

Pupils will now return to school on June 8, says basic education department

By: African News Agency      1st June 2020 Pupils will only return to school on June 8, the basic education department said on Sunday night. The Council of Education Ministers (CEM) met on Saturday to assess the state of readiness for reopening schools, the department said in a statement. 

Phased reopening of air travel to start with main airports under Covid-19 regulations and directives

By: African News Agency      1st June 2020 Commercial aircraft movement, subject to the coronavirus (Covid-19) level 3 lockdown regulations as of June 1, will start with OR Tambo International Airport, Cape Town International, King Shaka International, and Lanseria International in phase 1 of three phases, Transport Minister Fikile... 

PRASA not ready to resume commuter operations under Covid-19 level 3, says Mbalula

By: African News Agency      1st June 2020 While the Gautrain will resume its OR Tambo International Airport service when the coronavirus (Covid-19) level 3 regulations come into effect on June 1, the Passenger Rail Agency of South Africa (PRASA) is not yet ready to resume Metrorail commuter services, Transport Minister Fikile Mbalula... 

Zambia's CEC to discontinue power supply to Konkola Copper Mines

By: Reuters     1st June 2020 Zambia's Copperbelt Energy Corp (CEC) will stop supplying power to Vedanta's local unit Konkola Copper Mines (KCM) from Monday, it said after talks on an extension to their supply agreement broke down over debt owed to CEC. Zambia's Energy Minister Mathew Nhkuwa told Reuters that KCM would now... 

Minister urges mines to test without fear of mine closure 

By: Martin Creamer     29th May 2020 Mineral Resources and Energy Minister Gwede Mantashe on Friday urged mines to test for Covid-19 to the full extent without fearing mine closure. The Minister was responding to a media question on the steps the Department of Mineral Resources and Energy (DMRE) was taking to end the backlog of... 

Minister urges mines to test without fear of mine closure
Photo by Creamer Media's Donna Slater
Gwede Mantashe

From field hospitals to ventilator prototypes, South Africa's state of readiness for Level 3 outlined 

By: Terence Creamer     29th May 2020 Cabinet’s economic cluster sought to offer assurances on Friday that significant preparations had been made to facilitate a safe transition to a Level 3 lockdown from June 1, which opens the way for the return to work of eight-million more people. The easing of the lockdown is expected to... 

From field hospitals to ventilator prototypes, South Africa's state of readiness for Level 3 outlined
Photo by Creamer Media's Donna Slater
Labour and Employment Minister Thulas Nxesi

OR Tambo International Airport reports surge in air cargo operations

By: Rebecca Campbell     29th May 2020 State-owned Airports Company South Africa’s OR Tambo International Airport, east of Johannesburg, has reported that, over the period from March 26 to May 22, it handled 1 400 arriving and departing air cargo flights. This amounted to a 62% increase over the same period last year. For April – the... 

Stefanutti starts implementing restructuring plan, expects 610c loss

By: Marleny Arnoldi     29th May 2020 JSE-listed construction and engineering group Stefanutti Stocks has announced that a restructuring plan for the company has been completed and approved by its board, including having regard to the potential impact of Covid-19. The company appointed a strategic restructuring team in November to... 

Bell's full-year earnings fall

By: Simone Liedtke     29th May 2020 Local original-equipment manufacturer (OEM) Bell Equipment achieved headline earnings a share of 80c a share for the year ended December 31, while earnings a share were 79c. This compares with headline earnings a share of 278c and earnings a share of 283c reported for the prior financial year. 

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