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Latest News

TATA International Africa sets up finance offering, uptime strategy supports growth

By: Schalk Burger     12th March 2021 Trading and distribution company TATA International Africa's uptime strategy has allowed it to improve turnover and profitability over the past year. It also supports the pursuit of its growth and expansion objectives, says TATA International Africa CEO Len Brand. 

South Africa can build manufacturing capacity; pandemic is proof of potential, says Rodseth 

By: Schalk Burger     12th March 2021 South Africa can halt is premature deindustrialisation trend and grow the value of the manufacturing sector and its beneficial impact on jobs if all stakeholders commit to its development, manufacturing industry advocacy body the Manufacturing Circle executive director Philippa Rodseth said this... 

Survey shows notable increase in those willing to get Covid-19 vaccine

By: Donna Slater     12th March 2021 Just over one year since the World Health Organization declared a global pandemic, a new World Economic Forum (WEF)/Ipsos survey found notable increases in people’s intention to take a Covid-19 vaccination, with a majority wanting to be vaccinated as soon as possible. Adults who strongly or... 

Wits finds first-gen vaccine effective against original and variant Covid-19 strains

By: Marleny Arnoldi     12th March 2021 Results of the Novavax Covid-19 vaccine trial in the UK and South Africa have confirmed high levels of efficacy against the original and variant Covid-19, says the University of Witwatersrand (Wits). Wits Vaccines and Infectious Diseases Analytics research unit executive director Professor... 

Food systems ‘integral’ to Covid-19 recovery, says AfDB

By: Simone Liedtke     12th March 2021 The strengthening of food systems must be an integral part of efforts to recover from the Covid-19 pandemic and to build resilience in Africa, said African Development Bank (AfDB) director general for Southern Africa Leila Mokaddem. In a statement on March 12, she lamented that “hunger is a... 

DWS lays out plan to minimise Vaal river pollution  

By: Marleny Arnoldi     12th March 2021 The Department of Water and Sanitation (DWS) has undertaken to expedite a strategic intervention to significantly minimise the impact of raw sewerage seeping into the Vaal river and its tributaries in the southern Gauteng region. DWS earlier in March appeared before the Portfolio Committee on... 

Regulator's approach to spectrum auction was unlawful, court says 

By: Reuters     12th March 2021 A South African judge said he had halted the radio frequency spectrum auction planned this month by regulator Icasa because he deemed the process unlawful and irrational. High Court Judge Selby Baqwa passed an order on Monday prohibiting the Independent Communications Authority of South Africa... 

Nissan appoints new AMIEO chairperson

By: Donna Slater     12th March 2021 Nissan Motor has appointed Guillaume Cartier its new Africa, Middle East, India, Europe and Oceania (AMIEO) chairperson, replacing Gianluca De Ficchy who served for three years as Nissan Europe chairperson and then the expanded AMIEO region. Effective April 1, Cartier will lead all Nissan... 

Nissan appoints new AMIEO chairperson
Incoming Nissan Africa, Middle East, India, Europe and Oceania chairperson Guillaume Cartier

Global summit to boost clean energy momentum

By: Simone Liedtke     12th March 2021 International energy and climate leaders from the world’s largest economies will take part in the International Energy Agency (IEA) and Conference of the Parties 26 (COP26’s) Net Zero Summit later this month to accelerate the momentum behind clean energy and examine how countries could work... 

Sansa reports formal start of construction of new Space Weather Centre

By: Rebecca Campbell     12th March 2021 The South African National Space Agency (Sansa) reported on Friday that ground had officially been broken for its new R70.89-million Regional Space Weather Centre in Hermanus, Western Cape province, on Tuesday. The new centre falls under the Sansa Space Science programme, which is also based in... 

Sansa reports formal start of construction of new Space Weather Centre
Photo by ESA
The Sun, showing significant surface activity

Three-quarters of CEOs globally predict a return to growth this year 

By: Donna Slater     12th March 2021 A survey by professional services firm PwC of more than 5 000 CEOs globally reveals record levels of optimism, with more than 76% suggesting global economic growth will improve this year. The figures come from PwC's twenty-fourth 'Annual Global CEO Survey', which this year polled 5 050 CEOs in... 

Bulk dough manufacturer commissions solar plant to lower costs, drive sustainability

By: Donna Slater     12th March 2021 South African dough manufacturer Goosebumps, in a drive to improve its sustainability, has installed a 250 kW, 618-panel solar photovoltaic power plant at its Cape Town factory. The plant provides almost 25% of the site’s electricity requirement.  

Bulk dough manufacturer commissions solar plant to lower costs, drive sustainability

Load-shedding a major obstacle for small businesses

By: Donna Slater     12th March 2021 A mixture of Covid-19 restrictions and related subdued consumer behaviour and poor national grid electricity stability are impacting on small businesses chances of survival, states South African Solar Photovoltaic Industry (SAPVIA) COO Niveshen Govender. He notes that South Africa’s economic... 

Vesconite Bearings expanding into forklift part replacements

By: Simone Liedtke     12th March 2021 Polymer supplier Vesconite Bearings, which produces a proprietary brand of Vesconite bushings, wear plates and custom parts, has expanded its product portfolio to include replacement parts for forklifts. Said to be one of the company’s most successful new applications, Vesconite engineering and... 

Vesconite Bearings expanding into forklift part replacements

Comair to resume services between Johannesburg and Victoria Falls

By: Rebecca Campbell     12th March 2021 South African private-sector airline group Comair has announced that its British Airways (in Southern Africa) brand will restart scheduled operations between Johannesburg, South Africa, and Victoria Falls, Zimbabwe, on May 13. Bookings for these flights may now be made. (Comair also operates the... 

Just clearing exploration backlog would be huge leap forward – Miller  

By: Martin Creamer     12th March 2021 Ahead of tackling policy issues, incremental ongoing effort must be prioritised to clear South Africa’s huge mineral exploration and mining rights backlog, says AmaranthCX director Paul Miller. The backlog currently stands at more than 5 000 unprocessed exploration applications and  235... 

Just clearing exploration backlog would be huge leap forward – Miller
AmaranthCX director Paul Miller talks exploration to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Aspen Pharmacare to supply J&J's Covid-19 vaccine by end-June 

By: Reuters     12th March 2021 Aspen Pharmacare plans to start supplying Johnson & Johnson Covid-19 vaccine doses from its facility in South Africa before the end of June, its chief executive said on Friday. Stephen Saad told Reuters in an interview that the technology transfer from J&J has "gone very well and we are now... 

Sasol says unit's dollar-denominated notes offering oversubscribed more than 3 times

By: Reuters     12th March 2021 South African petrochemical firm Sasol said on Friday an offering of dollar-denominated senior notes by its unit was oversubscribed more than three times for a total orderbook of $4.60-billion. The offering consisted of $650-million of senior notes due 2026 and $850-million of senior notes due... 

Major UK, Italian and Norwegian companies combine to develop all-electric small airliner

By: Rebecca Campbell     12th March 2021 UK-based leading industrial technology group Rolls-Royce, Italian aerospace company Tecnam, and Norwegian (and largest Scandinavian) regional airline Widerøe, have announced that they are to work together to produce and bring into service an entirely electrically-powered commuter airliner. The... 

Major UK, Italian and Norwegian companies combine to develop all-electric small airliner
Photo by Rolls-Royce
An artist’s impression of the P-Volt aircraft in Widerøe livery

Sappi offers €400m senior notes

By: Marleny Arnoldi     12th March 2021 JSE-listed paper and packaging company Sappi has announced an increase to a senior notes offering by its subsidiary Sappi Papier Holding (SPH) to €400-million, from €350-million initially. The company is implementing this offering to improve its debt maturity profile and to strengthen its... 

MTN Nigeria acquires additional 800 MHz spectrum

By: Natasha Odendaal     12th March 2021 Telecommunications group MTN Nigeria has acquired an additional 10 MHz spectrum in the 800 MHz band from Intercellular Nigeria for an undisclosed amount. This followed the approval by the Nigerian Communications Commission (NCC) of the transaction and assigned the frequency to MTN Nigeria. 

Creecy proclaims three more REDZ  

12th March 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the proclamation of three more Renewable Energy Development Zones and why these are important for the country's just transition. 

Creecy proclaims three more REDZ
Creecy proclaims three more REDZ

Treasury to block R384m funding for Alfred Nzo Municipality due to poor performance 

By: News24Wire      12th March 2021 National Treasury plans to stop R384 million in funding to the cash-strapped Alfred Nzo Municipality due to under-performance and non-compliance relating to water service and municipal infrastructure. Treasury wrote to its municipal manager, Zamile Sikhundla, in February to inform him it intended... 

Treasury to block R384m funding for Alfred Nzo Municipality due to poor performance
National Treasury Director Dondo Mogajane

Opinion: Addressing the misconceptions around Eskom’s proposed electricity tariff changes

12th March 2021 In this opinion piece, South African Photovoltaic Industry Association (SAPVIA) COO Niveshen Govender points out that proposed changes to the electricity tariffs charged by Eskom  shows that the utility is moving to a more proactive position that responds to the needs of consumers but also... 

Opinion: Addressing the misconceptions around Eskom’s proposed electricity tariff changes

Opinion: Incentivising Strategic Development: moving one step closer, or two steps back?

By: Creamer Media Reporter      12th March 2021 In this opinion piece, Webber Wentzel's Kirsty Kilner and Gillian Niven discuss how a new requirement may result in delays in renewable energy development in designated areas. Faced with ongoing blackouts, an economy downgraded to junk status and the highest level of unemployment since 2008, the... 

Opinion: Incentivising Strategic Development: moving one step closer, or two steps back?
Gillian Niven and Kirsty Kilner

Magazine round up | 12 March 2021 

12th March 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

Magazine round up | 12 March 2021
Magazine round up - 12 March 2021

Four strategic water projects ‘ready for investment’ 

By: Natasha Odendaal     12th March 2021 As infrastructure deployment plays a central role in South Africa’s Economic Reconstruction and Recovery Plan, four water-related projects under the recently gazetted Strategic Integrated Projects (SIPs) are gearing up for implementation. In July last year, the Department of Public Works and... 

Four strategic water projects ‘ready for investment’

Fortress reports steady progress on strategy, focusing portfolio

By: Schalk Burger     11th March 2021 Real estate investment trust (Reit) Fortress is effectively executing its development strategy and has managed to secure tenants for about 340 000 square metres of gross lettable area (GLA) out of its one-million square metre GLA logistics development pipeline in South Africa. Nearly 62 500... 

International airline body reports strong recovery in air cargo sector

By: Rebecca Campbell     11th March 2021 The International Air Transport Association (Iata) has reported that the V-shaped recovery in global trade and manufacturing drove a similar V-shaped recovery in the global air cargo sector during the last quarter of last year. (Iata is the representative body of the global airline industry.) In... 

Czech chemicals company expanding into Africa, the Americas

By: Simone Liedtke     11th March 2021 Czech-based Draslovka Holdings will be expanding its footprint into Africa and the Americas. The company, a family-owned group producing cyanide-based specialty chemicals, has developed a new proprietary hydrogen cyanide reactor, which has been successfully operating in a production facility, in... 

MoU signed to bolster female representation in social housing sector

By: Donna Slater     11th March 2021 The Social Housing Regulatory Authority (SHRA) and the South African Women in Construction & Built Environment (SAWIC & BE) have signed a memorandum of understanding (MoU) aimed at advancing the participation of women in the social housing sector. Various stakeholders and partners attended the... 

Manufacturing output 3.4% lower year-on-year in January

By: Marleny Arnoldi     11th March 2021 Manufacturing production decreased by 3.4% year-on-year in January. Nedbank says the contraction was worse than the Reuters forecast of a 1.2% decline.  

Famous Brands' mainstream sales down 28.6% as a result of Covid-19 restrictions

By: Donna Slater     11th March 2021 JSE-listed branded food services business Famous Brands reports that early 2020 Covid-19 lockdowns in South Africa impacted its franchise, master license and company-owned restaurant business, with its “leading” or mainstream brands’ system-wide sales in South Africa having declined by 28.6% for... 

Dividend-paying Gem Diamonds working on technologies to reduce diamond damage  

By: Martin Creamer     11th March 2021 Diamond mining and marketing company Gem Diamonds is advancing innovative technologies that reduce diamond damage by ejecting rock non-mechanically and being able to see diamonds in a certain size of rock, Gem CEO Clifford Elphick said on Thursday when the London-listed company reported positive... 

Dividend-paying Gem Diamonds working on technologies to reduce diamond damage
Gem Diamonds results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

New report highlights decade of falling electricity production in South Africa  

By: Terence Creamer     11th March 2021 A new Council for Scientific and Industrial Research (CSIR) report offers a sobering picture of declining electricity system production and demand between 2010 and 2020 – a trend that was amplified further during Covid-hit 2020, when demand slumped by a sharp 5.1%, or 11.8 TWh, to a decade low... 

New report highlights decade of falling electricity production in South Africa

De Lille unveils three bridges built as part of Strategic Integrated Project programme

By: Yvonne Silaule     11th March 2021 Public Works and Infrastructure Minister Patricia de Lille and Kwazulu-Natal Transport MEC Kwazi Mshengu have unveiled three recently completed bridges in Ekhamanzi, Kwazulu-Natal. The bridges were built under the the Welisizwe Rural Bridges Programme, which is aimed at significantly improving... 

Covid-19 hits Rolls-Royce Civil Aerospace hard, but diversification helps the group

By: Rebecca Campbell     11th March 2021 UK-based global major industrial technology group Rolls-Royce has reported its full year results for last year. The group was hit hard by the Covid-19 pandemic, suffering a loss (including tax) of nearly £3.17-billion. In 2019, it had experienced a loss (including tax) of just over £1.31-billion.... 

DWS to implement enforcement measures over substandard drinking water in Tshwane

By: Creamer Media Reporter      11th March 2021 Compliance and enforcement measures will be tightened against the City of Tshwane (CoT) to ensure it complies with its obligation to deal with low effluent standards and provide safe drinking water to affected communities, the Department of Water and Sanitation (DWS) assured. An action plan to... 

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