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Latest News

Gauteng enters new procurement era

2nd April 2002 The Gauteng Provincial Legislature has repealed the Provincial Tender Board Act, 1994, and the Provincial Tender Board ceased to exist from Sunday, March 31. 

Chilean steel makers vow to continue fight for protection

2nd April 2002 Chilean steelmakers lamented a domestic decision against safeguard duties on steel imports and vowed to keep fighting to protect their industry after the US slapped hefty tariffs on its steel imports this month. 

Airport upgrade, Western Cape

1st April 2002 Compulsory site inspections have been held and tenders close on December 3, 7 and 10 for four sub-contracts in the project to extend and upgrade the international departures terminal at Cape Town International Airport into a world class facility. 

Championing local manufacture

By: Martin Creamer     28th March 2002 The window of opportunity is widening for South Africa’s local manufacturers who have retained strong engineering departments, honed their global competitiveness and gained black economic-empowerment status. 

A forum to regulate SA's regulators

28th March 2002 The Competition Commission, spearheading the drive to convene regular meetings between South African regulatory bodies, has launched the Regulators’ Forum. 

Southern Africa faces food crisis

28th March 2002 Much of Southern Africa will face a significant rise in food aid needs in the coming months, compounding shortfalls for 2,6-million people who are already desperately hungry, the United Nations said. 

SA’s producer inflation rises 13,2%

28th March 2002 South Africa’s production price index (PPI) showed an year on year rate rise of 13,2% annual for February, StatsSA reports. 

Nigeria halts telecoms sale

28th March 2002 Nigeria ordered the termination of the $1,3-billion sale of national phone company Nitel after the winning bidder, Investors International London (IIL), failed to complete the payment. 

New commitment to Telkom listing

28th March 2002 A delegation from the Government of South Africa led by Minister Jeff Radebe, Minister of Public Enterprises and Minister of Communications Ivy Matsepe Cassaburi, met with a delegation from Thintana in New York to review progress on the Telkom IPO. 

SA cell firm well ahead on Nigeria targets

28th March 2002 South African mobile phone group M-Cell said its MTN Nigeria operation had signed up 315 000 subscribers since its launch in August, sharply exceeding expectations. 

Construction starts on $450m Algeria cement project

27th March 2002 Algeria’s cement company ACC, a branch of Egypt-based Orascom Construction Industries group, has started building a $450-million cement plant. 

Study to seek ways of securing engineering jobs

27th March 2002 A tender for a study to facilitate the formulation of an integrated strategy for the retention and creation of employment in the South African metal and engineering industry has been invited by the Industrial Development Corporation (IDC). 

Oil major puts down Kudu demands

27th March 2002 The developer of the Kudu gasfield off Namibia’s Atlantic coast, Shell International, has put down a number of demands to the government before it can go ahead with the production phase of the project. 

Techno giant mum on debt facility

27th March 2002 Swiss engineering group ABB declined to give details of talks it is holding with creditor banks on terms of $3-billion in short-term loans it drew amid a squeeze in the commercial paper market. 

Petchem giant in R13bn capex this year

27th March 2002 South Africa's petrochemical giant, Sasol, will be investing R13,2-billion this year, R12,2-billion of which will be ploughed into more than 71 projects in Southern Africa, making it the largest individual industrial spender in the region. 

Consulting engineer in empowerment move

26th March 2002 Historically disadvantaged employees are to be offered 30% of consulting engineering firm Ninham Shand, through an innovative share scheme to commemorate the 70th anniversary of the firm. 

French group wins big Nigeria gas contract

26th March 2002 French energy services group Technip-Coflexip said its joint venture team, TSKJ, had won a $1,7-billion contract to expand a liquefied natural gas (LNG) facility in Nigeria. 

Mpumalanga in housing drive

26th March 2002 More than 70% of Mpumalanga’s housing budget, or R290-million, will be spent on housing projects this year, announced housing MEC Mabhuza Gininda 

Fibre speed, distance breakthrough

26th March 2002 The research arm of Lucent Technologies, Bell Labs, said that it has doubled the distance and the speed at which data can be sent over long-haul telecommunications networks. 

SA's rail tariffs shoot up

26th March 2002 South African rail utility Spoornet will sharply increase tariffs to move maize, wheat, oilseeds and other basic foods, raising concerns from food producers that the rise will further push up inflation. 

SA's taste for salt on the rise

25th March 2002 The market for salt will grow to an estimated turnover of over $6,9-billion by 2005, according to a new study by industry analyst, Gobi International. 

SA steel industry to launch export portal

25th March 2002 The South African steel industry is launching its own export portal on the world wide web in order to assist large and small companies to increase exports of value-added steel products. 

Zambia offers stake in oil firm

25th March 2002 The Zambian government will offer a 25% stake in oil firm British Petroleum Zambia (BP Zambia) in an initial public offering next month, privatisation officials said. 

UK disapproval over Tanzania air-traffic system

25th March 2002 The UK has delayed payment of  

Road body still mulling E Cape toll extension

By: Deborah Spicer     22nd March 2002 With significant equipment-upgrading expenditure on tolling facilities out of the way, the Tsitsikamma toll-road, between Salt river and Elandsbos in the Eastern Cape, will continue to operate largely unchanged until an additional 25-km section is included as part of the toll-road in about two... 

Credit insurer hit by Africa's hotspots

By: Deborah Spicer     22nd March 2002 South Africa’s largest credit insurer, Credit Guarantee, has experienced a decrease of almost R1-billion in insured turnover for Africa for the six months to December, a comparison with a similar period the previous year shows. 

SA stainless-steel mill begins a new voyage

22nd March 2002 The €232-million deal in which Spanish stainless-steel firm Acerinox acquired a 64% shareholding in South Africa's Columbus Stainless in November at last brings to the venture what many view as a critical success factor - an international alliance partner. 

Public meetings for bullet train

22nd March 2002 Members of the public who are interested in or affected by the proposed new rapid rail link project, known as Gautrain, have an opportunity to attend public meetings to be held in Midrand, Sandton, Rosebank, Kempton Park, Pretoria and Centurion during April. 

Africa's struggle to get connected

22nd March 2002 It may take all day to phone Ghana from the country next door, but if you want the latest news from a shadowy group of rebels fighting in remote West African jungles, you can always visit their website. 

Developing countries should invest in biotech R & D

22nd March 2002 Developing nations need to invest much more in biotechnology research to join a war waged by multinational companies on hunger and disease, delegates at a conference said. 

Libya is top oil-exploration destination

20th March 2002 Libya has retained its place as the world’s top oil-exploration hotspot, attracting oil companies despite slow contract negotiations and continued US sanctions, according to an industry survey. 

Biotech alone won't end world hunger

20th March 2002 Biotechnology is no panacea to end world hunger as conflict, disease, trade barriers and ignorance prevent millions from feeding themselves. 

SA makes vehicle-parts standards leap

20th March 2002 Transport Minister Dulah Omar says the decision by the South African government to adopt United Nations Economic Commission for Europe (ECE) regulations makes it possible for industry to enter into larger international markets while allowing the South African consumer to have access to a wider... 

Telecoms regulators to open way for competition

20th March 2002 South Africa’s telecoms regulator said it had issued three new draft regulations to help pave the way for the initial public offering of fixed-line monopoly Telkom and the licensing of a rival. 

Joint rich-poor country action needed to tackle poverty

20th March 2002 The efforts of developing countries to lift themselves from poverty should be complemented by action on the part of developed countries and international financial institutions, Finance Minister Trevor Manuel said in Mexico. 

Investment rating downgrade for engineering group

20th March 2002 Industrial engineering group ABB said it did not expect a big rise in its interest costs even though Moody’s Investors Service downgraded its rating. 

UN warns against opening of fishing waters

19th March 2002 The United Nations environmental programme (UNEP) warned poorer countries that the uncontrolled opening of their waters to subsidised fishing fleets from Europe and Asia could bring economic disaster. 

Strike threat in metals sector

19th March 2002 f a dispute between the National Union of Metalworkers of South Africa (Numsa) and the Steel, Engineering Industry Federation of South Africa (Seifsa) is not resolved on Wednesday, 200 000 workers in the local engineering industry will embark on a legal strike. 

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