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Latest News

South African Mint features ‘environmental rights’ with new R2 release

By: Tasneem Bulbulia     8th July 2019 The South African Mint, a wholly owned subsidiary of the South African Reserve Bank (SARB), on Monday released into circulation a new R2 commemorative circulation coin themed ‘Environmental Rights’ as part of its coin programme launched last month to commemorate 25 years of South Africa’s... 

UCT researchers say road maintenance backlog exceeds R400bn 

By: Marleny Arnoldi     8th July 2019 The cost of South Africa’s road maintenance backlog is nearing R417-billion, research undertaken by the University of Cape Town’s School of Economics academics Don Ross and Matthew Townshend have found. This is more than double the amount set out in the South African National Roads Agency’s... 

UCT researchers say road maintenance backlog exceeds R400bn
Photo by Creamer Media's Dylan Slater
UCT researcher Matthew Townshend

Conference presentations tackle spatial development, transport planning issues 

By: Simone Liedtke     8th July 2019 University of Johannesburg Professor Steven Friedman has called for an “urgent conversation” between people with technical expertise who understand planning and transport issues, to debate ways in which the country can begin to integrate its poor people into the country’s economic hubs. This... 

Conference presentations tackle spatial development, transport planning issues
Photo by Creamer Media's Dylan Slater
UJ Professor Steven Friedman

Samsa to investigate 400 litre oil spill off Port Elizabeth

By: African News Agency      8th July 2019 The South African Maritime Safety Authority (Samsa) has launched an investigation to establish why up to 400 litres of oil spilled into the ocean off Port Elizabeth while a vessel was being refuelled. In a statement, Samsa said the spillage, which occurred early on Saturday morning, was contained... 

Audits, partnerships important for increasing rail market share

By: Simone Liedtke     8th July 2019 A study by a group of students from the University of Johannesburg’s College of Business and Economics suggests that Transnet Freight Rail (TFR) – which has positioned itself as a low-cost freight transport solutions provider in South Africa – conduct an audit of the organisation’s skills, and... 

Aurecon highlights potential of tech to transform the transport industry

By: Marleny Arnoldi     8th July 2019 Many stakeholders believe the transport industry is on the cusp of disruptive transformation, as big as with the advent of the motorcar in the early 1900s. The only way for the South African transport industry to compete would be to embrace innovation and adapt to the disruption accordingly,... 

Aurecon highlights potential of tech to transform the transport industry
Photo by Creamer Media's Dylan Slater
Aurecon COO Dr Gustav Rohde

Massive upgrade under way at Zandvliet Wastewater Treatment Works in Cape Town

By: African News Agency      8th July 2019 The R1.7-billion upgrade of the Zandvliet Wastewater Treatment Works (WwTWs) is set to unlock development in one of the fastest growing catchments in Cape Town, the city said on Sunday. The Zandvliet WwTWs treats effluent from the southern parts of Kuils River, Delft, Blackheath, Blackheath... 

Airtel Africa to list in Nigeria on Tuesday – bourse

By: Reuters     8th July 2019 Airtel Africa shares will be listed on the Nigerian Stock Exchange on Tuesday, the bourse said, after it postponed the $4.4-billion listing last week. The secondary listing had been planned for July 5. However, the stock exchange postponed it to ensure the telecoms company met its requirements. 

Zimbabwe power utility says needs $14m a month for imports

By: Reuters     8th July 2019 Zimbabwe's State-owned power utility, ZESA Holdings, which is implementing severe power cuts, needs $14 million for monthly electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday. "If we clear our debts to (South African power firm) Eskom... 

Task team to look at future of e-tolling, completion date set for August  

By: Irma Venter     8th July 2019 A governmental task team will produce a report on the future of electronic tolling in Gauteng by August. Speaking at a media conference at the Southern African Transport Conference in Pretoria, on Monday, Transport Minister Fikile Mbalula said this report will be presented to President Cyril... 

Task team to look at future of e-tolling, completion date set for August
Photo by Creamer Media's Dylan Slater
Transport Minister Fikile Mbalula

Datatec’s Logicalis acquires Mars Technologies

By: Natasha Odendaal     8th July 2019 JSE-listed Datatec on Monday announced that its subsidiary Logicalis South Africa had acquired managed information technology (IT) services business Mars Technologies. This will enhance Logicalis’ managed services business in intellectual property telephony, call centre, cloud, managed desktop,... 

Ramaphosa raps knuckles of Ministers embroiled in twitter war

By: Bloomberg     7th July 2019 President Cyril Ramaphosa criticised Ministers in his cabinet for “unbecoming” behaviour on social media after a spat unfolded over electronic road tolls in country’s richest province. Finance Minister Tito Mboweni, Transport Minister Fikile Mbalula and Gauteng Premier David Makhura exchanged... 

AU landmark trade pact grows, as Benin, Nigeria join

By: Bloomberg     7th July 2019 A landmark free-trade agreement removing most tariffs and other commercial barriers in the African continent grew to encompass 54 signatories, after Benin and Nigeria signed up to the accord on Sunday. Albert Muchanga, the African Union’s commissioner for trade and industry, announced Benin’s... 

Swedish Stirling signs exclusivity agreement with Glencore South Africa for clean tech

By: Tasneem Bulbulia     5th July 2019 Cleantech company Swedish Stirling has signed an exclusivity agreement with Glencore Operations South Africa’s alloys division, which grants it exclusivity in negotiating the installation of initially up to 25 PWR BLOK 400-F at a 9.9 MW power generation facility at a Glencore smelter, in... 

New Alrode fuel depot to guarantee security of supply, efficient service  

By: Tasneem Bulbulia     5th July 2019 The new, upgraded Sasol and BP Southern Africa Alrode fuels depot is officially open for business. The multimillion-rand upgrade project has increased Sasol’s fuel storage capacity from nine-million litres to 64-million litres. 

New Alrode fuel depot to guarantee security of supply, efficient service
Sasol Energy executive VP Maurice Radebe outlines the significance of the new, upgraded Sasol and BP Southern Africa Alrode fuels depot

Gauteng leading in South Africa’s response to 4IR

By: Marleny Arnoldi     5th July 2019 South Africa’s response to the Fourth Industrial Revolution (4IR) must be integrated and comprehensive, involving all stakeholders of the global polity, from the public and private sectors to academia and civil society, Gauteng Premier David Makhura said on Friday. He spoke at the inaugural... 

Gauteng leading in South Africa’s response to 4IR
Photo by Creamer Media's Dylan Slater
Premier David Makhura

Ramaphosa speaks out against using companies as pawns in trade wars

By: Natasha Odendaal     5th July 2019 South Africa President Cyril Ramaphosa on Friday slammed the use of private companies as pawns in trade disagreements between States. Speaking at the inaugural Digital Economy Summit, in Midrand, he reiterated South Africa’s support of telecommunications giant Huawei amid now-alleviated US... 

Gauteng macroeconomic model to be ready in next 100 days, says Ramokgopa

By: Simone Liedtke     5th July 2019 Gauteng Economic Development, Agriculture and Environment MEC Dr Kgosientso Ramokgopa on Friday told media that a provincial macroeconomic model will be developed and finalised within the next 100 days. The model would help to address Gauteng’s disproportionate share of responsibilities and would... 

Gauteng macroeconomic model to be ready in next 100 days, says Ramokgopa
Photo by Creamer Media's Simone Liedtke
Gauteng Economic Development, Agriculture and Environment MEC Dr Kgosientso Ramokgopa

Marubeni seeks sites and partners as it gears up for next renewables bid window 

By: Terence Creamer     5th July 2019 Japanese multinational Marubeni has issued an expression of interest (EoI) notice calling on entities with ‘bid ready’ wind and solar photovoltaic (PV) project sites in South Africa to approach it with the view to potentially jointly submitting the project as part of any future renewables auction... 

Marubeni seeks sites and partners as it gears up for next renewables bid window

Ramaphosa throws weight behind 4IR as South Africa’s growth accelerator 

By: Natasha Odendaal     5th July 2019 South Africa is positioning itself not as an adopter but rather as a leader and driver of the Fourth Industrial Revolution (4IR) worldwide, President Cyril Ramaphosa promised on Friday, throwing his weight fully behind the imminent digital disruption. He believes that taking the global lead on... 

Ramaphosa throws weight behind 4IR as South Africa’s growth accelerator
Photo by Creamer Media's Dylan Slater
President Cyril Ramaphosa

Aveng sells valve and pump manufacturing subsidiary to reduce debt

By: Nadine James     5th July 2019 Infrastructure and resources group Aveng will sell Aveng Dynamic Fluid Control (DFC) to 100% black-owned investment company Copaflo for R165-million. The sale will include the DFC operations in South Africa, Finland, the US, Brazil and Australia. 

Gauteng transport boss urges minibus taxi industry to embrace innovation

By: African News Agency      5th July 2019 Gauteng member of the executive council for roads and transport Jacob Mamabolo has urged the provincial leadership of the South African National Taxi Council to take measures to modernise the industry, his department said on Friday. Mamabolo held a meeting with officials to discuss various... 

 Gauteng transport boss urges minibus taxi industry to embrace innovation

This easy climate fix has more potential than previously thought

By: Bloomberg     5th July 2019 A simple climate fix may be hiding in plain sight: 3.5-million square miles of land capable of supporting new forests and removing 750-billion tons of carbon dioxide from the air. The amount raises the potential upper bound for carbon renewal enough to make international reforestation goals... 

Emerging market currencies likely have seen the best of 2019

By: Reuters     5th July 2019 Most emerging market currencies have probably seen the best of a lukewarm year against the dollar as US President Donald Trump is expected to back-pedal on his conciliatory tone from the recent G20 summit, a Reuters poll showed on Friday. Emerging market currencies have had a relatively resilient... 

Ethiopian crash families criticise Boeing over donation plan

By: Reuters     5th July 2019 The families of victims of an Ethiopian air disaster on Thursday criticised Boeing's plan to donate $100-million to unspecified charities and communities affected by two crashes, saying it was too vague and that families should have been consulted first. Some of the families said Wednesday's... 

Denel asks for R2.8bn State cash injection – CEO 

By: Reuters     5th July 2019 State arms company Denel has asked the government for a R2.8-billion cash injection to help it emerge from a financial crisis and secure lucrative export deals, its chief executive said. Denel, a cornerstone of the country's once-mighty defence industry, is one of several state firms whose... 

Denel asks for R2.8bn State cash injection – CEO

Italy widens probe into alleged obstruction in Nigeria graft case

By: Reuters     5th July 2019 Italian prosecutors are widening an investigation into suspected obstruction of justice by officials of oil group Eni, sources said, threatening to open a new legal front for the company as it defends itself in a major corruption trial. The inquiry is preliminary and has been overshadowed by the... 

Aspen terminates talks with potential European partner

By: Reuters     5th July 2019 South African drugmaker Aspen Pharmacare said on Friday it had terminated talks with a potential partner in Europe, after announcing in March a strategic review of its European and domestic commercial pharmaceuticals businesses. "Shareholders are advised that Aspen is now in a position to explore... 

Comair sees annual earnings boost from SAA payment

By: Reuters     5th July 2019 Airline Comair expects its full year headline earnings per share (HEPS) to rise by more than 20%, boosted by a $78-million payment from embattled state-owned airline South African Airways, it said on Thursday. HEPS, the main profit measure in South Africa, came in at 69.5 cents in the previous... 

Africa to decide on free-trade zone: what’s at stake?

By: Reuters     5th July 2019 African leaders will decide on Sunday which nation will host the headquarters for a continental free-trade zone that aims to eventually unite the continent's 1.27 billion people and its $3.4-trillion nominal gross domestic product. Leaders at the African Union summit in Niger will also set a date... 

Africa to decide on free-trade zone: what’s at stake?

South Africa ranked the thirtieth most attractive country for expats

By: Simone Liedtke     5th July 2019 Quality of life, career progress and the climate are the top reasons cited by people who move to South Africa to work, according to the twelfth annual league table published by HSBC Expat. The independent consumer research study into the global views of those who relocate for work provides... 

SA looks to innovation to help manage ‘daunting’ water challenge

By: Natasha Odendaal     5th July 2019 As the thirtieth driest country in the world, South Africa has an as yet incomplete innovation story waiting to be told in what is undeniably a future of massive water shortages. As this future unfolds, an already inventive water and sanitation infrastructure and engineering sector has a... 

SA looks to innovation to help manage ‘daunting’ water challenge

‘Structural disconnect’ to blame for South Africa’s de-industrialisation

By: Simone Liedtke     5th July 2019 The “hollowing out” of South Africa’s manufacturing sector has occurred as a result of the country’s premature de-industrialisation, professional services firm Deloitte emerging markets and Africa MD Dr Martyn Davies tells Engineering News Online. Expanding on the phenomenon, he says that South... 

‘Structural disconnect’ to blame for South Africa’s de-industrialisation
Photo by Creamer Media
Deloitte emerging markets and Africa MD Dr Martyn Davies

Treasury vows to respect central bank independence

By: Bloomberg     4th July 2019 The National Treasury respects the independence of the nation’s central bank and will refrain from commenting on monetary policy. And the Reserve Bank promised to do the same for fiscal policy. The institutions put out a joint statement on Thursday following comments in Business Day newspaper by... 

South African enterprises slow to adopt AI – study

By: Tasneem Bulbulia     4th July 2019 The technologies making up the Fourth Industrial Revolution (4IR) have yet to be adopted enthusiastically by South African enterprises, a new research study, entitled ‘Fourth Industrial Revolution in South Africa 2019: Enterprise uptake and expectations for emerging technologies’, has found. The... 

Blyvoor Gold winning overwhelming support from employees, community 

By: Martin Creamer     4th July 2019 Emerging gold-mining company Blyvoor Gold, which is targeting a resumption of mining at the old Blyvooruitzicht gold mine in the last quarter of this year, is winning overwhelming support from the once liquidated mine’s former employees, as well as the members of the nearby mine community.... 

Blyvoor Gold winning overwhelming support from employees, community
Photo by Creamer Media's Dylan Slater
From left Blyvoor Gold deputy chairperson Richard Floyd, BEE of Blyvoor spokesperson Wels Sempe, Mining Weekly’s Martin Creamer, Blyvoor Gold CEO Alan Smith, Blyvoor Gold spokesperson Joseph Rammusa, Blyvoor Gold chairperson Peter Skeat and Community of Blyvoor spokesperson Johannes Tala.

Paramount Group, SAMI sign collaboration agreement

By: Simone Liedtke     4th July 2019 Saudi Arabian Military Industries (SAMI) and global aerospace and technology company Paramount Group have announced the signing of a high-level defense collaboration agreement, which is in line with Saudi Arabia’s vision for the creation of an integrated defence industrial ecosystem. The... 

Paramount Group, SAMI sign collaboration agreement
Paramount chairperson Ivor Ichikowitz

Green office properties deliver returns in tough climate

By: Tasneem Bulbulia     4th July 2019 The latest ‘MSCI South Africa Green Annual Property Index’ – now in its third year – has shown the association between quality and green certified buildings, as reflected by a higher capital value per square metre, more resilient capital growth and slightly lower income returns, compared with... 

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