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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

Seifsa joins forces with Leon Viljoen to support SMEs

9th September 2020 Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with manufacturing industry veteran Leon Viljoen to provide support, guidance and advice to small and medium-sized enterprises (SMEs) to help them run successful and sustainable... 

Growthpoint posts solid result despite difficult operating environment

9th September 2020 JSE-listed Growthpoint Properties achieved a 5.4% growth in revenue and R5.5-billion in distributable income for the full year to June 30. Taking additional new shares issued during the period into account, this translates to distributable income per share of 183.1c, which is 16% lower year-on-year. 

GCR upgrades Omnia's ratings

9th September 2020 The Global Credit Rating (GCR) Co has upgraded JSE-listed Omnia’s long- and short-term issuer ratings to BBB+ and A2 respectively, with the outlook revised from negative to stable. The rating reflects GCR’s view that Omnia's recovery and sustainable improvement in cash flow and financial... 

BLSA calls for lifting of all restrictions on economic activity 

9th September 2020 The severe contraction in South Africa’s gross domestic product (GDP) in the second quarter of the year was expected, but still "paints a horrific picture" of the damage done to the economy by the lockdown restrictions, says industry organisation Business Leadership South Africa (BLSA). BLSA... 

Tourism body calls for reopening of borders

8th September 2020 Tourism has the potential to reignite South Africa’s ailing economy, but to do so, it requires more than support from South Africans, not least government giving the green light for reopening the country's borders, says umbrella body the Tourism Business Council of South Africa (TBCSA). Citing... 

Automotive training programme resumes

8th September 2020 The Eastern Cape Development Corporation (ECDC), in partnership with automotive sector enterprise development company Filpro, has resumed its R2-million support programme aimed at growing the competitiveness of 137 informal automotive mechanics in Mdantsane, outside East London. Launched in July... 

Commenters call for an end to lockdown as second-quarter GDP contracts sharply

8th September 2020 South Africa’s real gross domestic product (GDP) decreased by just over 16% between the first and second quarters, resulting in an annualised growth rate of ‑51%. This has extended the economic recession into its fourth quarter. 

Port of PE weathers Covid-19 to support bumper fruit season

8th September 2020 In the midst of the record citrus export season, Transnet National Ports Authority’s (TNPA's) Nelson Mandela Bay ports have successfully complemented the Port of Cape Town, which was negatively affected by Covid-19, TNPA says. Apart from handling the citrus fruit at the Port of Port Elizabeth’s... 

Covid-19 TERS payments extended until September 15

8th September 2020 Following negotiations at the National Economic Development and Labour Council and the signing of the direction to that effect by Employment and Labour Minister Thulas Nxesi, the Covid-19 Temporary Employer/Employee Relief Scheme has been extended until September 15. “With the lockdown for some... 

AfDB joins African Green Revolution Forum as sponsor for virtual event

8th September 2020 Finance institution the African Development Bank (AfDB) is returning as a partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – being held online for the first time in light of the Covid-19 pandemic. The tenth yearly AGRF, being held from September 8 to... 

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