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Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Bidvest delivers solid results in tough climate

14th September 2020 JSE-listed Bidvest Group delivered a credible financial performance for the financial year ended June 30, despite the headwinds presented by an already constrained South African economy pre-Covid-19 and the pandemic’s severe impact on the final quarter of the financial year. Group revenue from... 

IDC approves R746m for Covid-19 economic relief

14th September 2020 Development finance institution, the Industrial Development Corporation (IDC) has approved R746-million and disbursed R440.8-million as part of government’s Covid-19 economic relief measures. Following the onset of Covid-19 in South Africa, the IDC established three interventions in March. 

UIF delays Covid-19 TERS payments to address AGSA audit findings

11th September 2020 The payments for the new and outstanding applications for the Covid-19 Temporary Employer/Employee Relief Scheme (TERS) relief benefits has been halted while the Department of Employment and Labour and the Unemployment Insurance Fund (UIF) improve controls as urged by the Auditor General of South... 

Panel provides insight, advice for young engineering professionals

11th September 2020 Young engineers entering the workplace must learn the necessary skills to adapt to the workplace and transition from education to practical application, panellists noted during a webinar held as part of the Electra Mining Africa 2020 Connect virtual event, for which Creamer Media’s Engineering... 

JSE introduces ETFs to help investors meet ESG objectives

11th September 2020 The JSE has introduced the Satrix MSCI World Environmental, Social and Governance (ESG) Enhanced exchange-trade fund (ETF) and the Satrix MSCI Emerging Markets ESG Enhanced ETF. The Satrix MSCI World ESG Enhanced ETF and Satrix MSCI Emerging Markets ESG Enhanced ETF give investors the opportunity... 

Local manufacturing needs support to fulfil potential, panellists say

11th September 2020 Local manufacturing had the potential to support South Africa's economic recovery, but this required addressing a myriad of challenges, panellists said during a South African Capital Equipment Export Council webinar on September 10. The webinar was held as part of this year's Electra Mining... 

Survey initiated to gauge Covid-19 impact on SMMEs

11th September 2020 Fin find, which provides online access to finance solutions for small, medium-sized and microenterprises (SMMEs), has partnered with industry organisation Business Leadership South Africa (BLSA), government and other stakeholders to conduct a comprehensive study on the impact of the Covid-19... 

Aspen achieves strong cash flow despite tough conditions

10th September 2020 JSE-listed Aspen Pharmacare increased its revenue by 9% to R38.6-billion for the financial year ended  June 30, while normalised earnings before interest, taxes, depreciation and amortisation increased by 7% to R11-billion for the period. The higher revenue was supported by growth from Commercial... 

Balwin expects up to 60% decrease in earnings

10th September 2020 JSE-listed Balwin Properties’ results for the six month period ended August 31 were impacted by the unprecedented and evolving market conditions brought about by the coronavirus pandemic. Consolidated earnings a share and headline earnings a share for the period are, therefore, expected to... 

Renergen revises Virginia drilling programme

10th September 2020 Emerging domestic natural gas and helium producer Renergen has revised the drilling programme at its Virginia gas project, in the Free State. The first well in the programme, using a percussion rig, was unable to reach the casing point at the base of the Karoo sedimentary section after the bottom... 

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