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Latest Videos
Integrated approach critical for pump requirements 
By: Simone Liedtke 9th October 2020 Responding to customer pump requirements is not about selling a product, but rather about an integrated approach, says equipment rental agency Integrated Pump Rental rental development manager Steven Du Toit. Taking “a more integrated approach” to customer requirements and problems enables the... →
Koeberg’s 20-year life extension marks steam-generator milestone 
By: Terence Creamer 30th September 2020 The steam generator replacement project, which is central to Eskom’s R20-billion programme to extend the 40-year design life of the Koeberg nuclear power station by a further 20 years, marked a major milestone this week with the arrival of the first units in Cape Town. The project, which was... →
EPP expects profit recovery in second half of this year
By: Marleny Arnoldi 29th September 2020 JSE-listed real estate investment trust EPP has reported a loss of €24-million, or €0.027 a share, for the six months ended June 30, owing to lower tenant activities during the lockdown in Poland, where the company owns a portfolio of 25 retail centres and three office developments. This... →
LG affirms commitment to providing quality air purification solutions for MEA region
By: Tasneem Bulbulia 28th September 2020 The pandemic has heightened concerns over health and air quality and LG Air Solutions' latest portfolio of air purification solutions for the Middle East and Africa (MEA) region aims to deal with the growing concerns about air quality inside buildings and facilities, as well as outdoors. This was... →
Maintenance work completed during lockdown
By: Halima Frost 25th September 2020 A team of eight work-at-height specialists representing rope access company Skyriders has safely completed the cleaning and maintenance of two storage tanks at a petrochemicals producer, in Mpumalanga. The maintenance project, which was conducted during Level 5 of the Covid-19 lockdown period,... →
Fairvest reports resilient performance in an 'exceptionally tough' environment
By: Tasneem Bulbulia 23rd September 2020 Property investment holding company Fairvest Property Holdings' total distribution for the financial year ended June 30 was 21.038 c apiece – 3.4% year-on-year decrease. “We are pleased with the resilience that our portfolio has shown, in what can only be described as an exceptionally tough... →
Attacq decides against declaring a full-year dividend to preserve liquidity
By: Donna Slater 22nd September 2020 Real estate investment trust (Reit) Attacq experienced a decline in distributable earnings during the last six months six months of the financial year ended June 30, mainly as a result of tenant rent relief measures to help tenants through the worst of the Covid-19 lockdown. The company was... →
Daimler’s first hydrogen fuel-cell truck to start customer trials in 2023
By: Irma Venter 17th September 2020 Daimler Trucks has unveiled its first hydrogen-based fuel cell truck. The GenH2 Truck is aimed at the long-haul transport market and marks the beginning of commercial fuel-cell drive development for the German truck maker. →
ARC delivers satisfactory performance amid economic, Covid-19 impacts
By: Natasha Odendaal 15th September 2020 Empowerment investment firm African Rainbow Capital (ARC) Investments has posted what it deems a satisfactory performance for the year ended June 30, 2020, considering the challenging operating environment that has dragged the performance of many of its portfolio investments. The group achieved... →
Local manufacturing needs support to fulfil potential, panellists say
By: Tasneem Bulbulia 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... →
Afrox manages healthy dividend, profit despite lower demand in H1
By: Marleny Arnoldi 11th September 2020 Gas supplier African Oxygen (Afrox) has declared a dividend of 38c a share for the six months ended June 30. It also posted earnings before interest and taxes (Ebit) of R336-million and basic earnings a share of 77.8c. →
Data key to long-term optimisation, says SAIMC's first-ever female president
By: Simone Liedtke 9th September 2020 Describing data as the “new oil” or “new water” of the world, Society for Automation, Instrumentation, Mechatronics and Control (SAIMC) president Annemarie van Coller has emphasised the importance of changing data from “just data to insights”. Speaking during an automation-themed webinar hosted... →
4IR a ‘unique opportunity’ for Africa to overcome development hurdles
By: Simone Liedtke 8th September 2020 The Fourth Industrial Revolution (4IR) represents a unique opportunity for African countries to scale development hurdles with the help of technologies, electronics manufacturer Pepperl+Fuchs Africa sales director Marc van Pelt said on September 8. He spoke during an automation-themed webinar,... →
Proper ventilation a key tool to prevent the spread of Covid-19
By: Simone Liedtke 7th September 2020 Indoor ventilation is an important tool to prevent the viral transmission of the Covid-19 virus when correctly applied. Conversely, poor ventilation promotes viral transmission, Engen industrial hygiene specialist Garth Hunter warned during the South African Institute of Occupational Safety and... →
Libstar grows interim revenue despite supply chain, consumer demand challenges
By: Marleny Arnoldi 2nd September 2020 JSE-listed fast-moving consumer goods holding company Libstar has delivered robust interim results, with revenue increases reported for household and personal care products, as well as some food categories, despite Covid-19 impacts. Libstar recorded a 1.9% year-on-year growth in group revenue... →
Emira’s US portfolio helps offset lockdown impacts locally
By: Marleny Arnoldi 31st August 2020 JSE-listed Emira Property Fund has declared a final dividend of 30.26c apiece, taking its dividend for the full-year ended June 30 to 104.36c apiece. The company declared a dividend of 151.34c apiece in the 2019 financial year, reflecting a 31%, or 46.98c apiece, year-on-year decrease in this... →
Coal to remain relevant despite growing shift to renewable energy, says consultancy
By: Simone Liedtke 28th August 2020 The use of coal is enabling the energy transition, owing to its provision of a basis for the economy to develop, drive wealth and enable economic progress, which then, in turn, creates and enables the funds for stronger and further investment into renewable energy, says Boston Consulting Group MD... →
Deliberate action required to encourage transformation
By: Simone Liedtke 28th August 2020 Deliberate action in pursuit of transformation will continue to play a huge role in attracting more women to the local construction sector, says diversified infrastructure and services construction company Concor Construction business development and stakeholder engagement executive Fezeka... →
Support, mentoring key in driving transformation
By: Simone Liedtke 28th August 2020 Women will need to support and mentor other women in the construction industry as part of reshaping the mindset that the industry is male-dominated, says building materials company AfriSam mineral resource manager Niraksha Singh. “This is necessary, considering that legacy issues and societal... →
Redflank launches BeyondCOVID initiative to build business resilience
By: Tasneem Bulbulia 27th August 2020 Specialist management company Redflank on August 27 launched the BeyondCOVID initiative, which aims to help businesses in the country "embrace solidarity and survive the impact of Covid-19", by shaping their responses to challenges and opportunities presented by the pandemic and setting them up... →
Bidcorp revenue declines as a result of Covid-19 measures
By: Donna Slater 26th August 2020 Food distribution company Bidcorp recorded net revenue of R121.1-billion for the financial year ended June 30, representing a 6.3% decline from the R129.3-billion in revenue reported for the 2019 financial year. Its gross profit margin, however, increased to 24.1%, up from 23.9% in the 2019... →
Initiative launched to stimulate adoption of fast-growing energy management standard by South African firms
By: Terence Creamer 25th August 2020 An initiative is under way to accelerate the adoption by South African industrial firms of the international energy management standard ISO 50001, which is designed to help improve the performance of a company’s energy-intensive assets to support cost savings and emission reductions. Although ISO... →
Redefine lays foundations for future growth as property fundamentals continue to be challenged
By: Simone Liedtke 24th August 2020 Managing risk through a streamlined, more focused offshore asset platform and zoning in resolutely on high-quality, well-located domestic assets have helped real estate investment trust (Reit) Redefine Properties lay the foundations for future growth once Covid-19-related uncertainty and... →
Eskom Transmission head says policy, legislative and regulatory changes needed to facilitate unit’s full independence
By: Terence Creamer 21st August 2020 The head of Eskom’s Transmission division has outlined some of the progress being made to establish an Independent Transmission System Operator (ITSO) but has also warned that full separation will take time and will also require major policy, legislative and regulatory changes. The creation of... →
ARB says financial year ‘will be well remembered’ for Covid-19, other challenges
By: Simone Liedtke 21st August 2020 JSE-listed investment and property holding company ARB Holdings says sluggish economic growth and the collapse in business confidence became a “secondary concern” this year, as regulations and national lockdown restrictions were implemented to halt the spread of Covid-19. ARB owns investments in... →
Reliable infrastructure needed to meet fibre demand
By: Halima Frost 21st August 2020 With physical distancing encouraged amid Covid-19, the need for reliable fibre connectivity and infrastructure has increased, says open access network provider Dark Fibre Africa (DFA) strategy, mergers and acquisitions and innovation executive Vino Govender. “We have seen a significant increase... →
Experts unpack rising violent extremist attacks in Mozambique
By: Marleny Arnoldi 17th August 2020 The presence of Islamic State of Iraq and the Levant- (ISIL-) affiliated violent extremists in the northern provinces of Mozambique has raised the threat levels for the lives of people in Southern African Development Community (SADC) countries. Although the government of Mozambique only formally... →
MTN to exit Middle East markets, focus on Africa
By: Natasha Odendaal 6th August 2020 Telecommunications giant MTN is planning to exit its Middle East markets over the medium term as it turns its focus solely to its African markets. The group’s renewed focus on the future of its pan-African strategy forms part of its ongoing portfolio review programme. →
Mpact ensures business continuity as electricity, Covid-19 challenges persist
By: Simone Liedtke 5th August 2020 Paper and plastic packaging manufacturer Mpact managed to ensure business continuity, alongside the safety and health of employees, over the past six months, especially as the period, which ended on June 30, began with persistent external electricity supply interruptions across South Africa,... →
PwC says pandemic forces a relook at remuneration policies
By: Marleny Arnoldi 4th August 2020 It has been a year that has exposed the vulnerabilities of lower-level workers and, coupled with the context of job insecurity and food insecurity in South Africa, there have been increasing calls for executive pay cuts. Consultancy PricewaterhouseCoopers (PwC), in its latest 'Executive... →
AMSA implements large-scale, but ‘flexible’, labour reorganisation as Covid-19 bites
By: Terence Creamer 30th July 2020 Steel producer ArcelorMittal South Africa (AMSA), which reported a loss of R2.6-billion for the interim period to June 30, warned on Thursday that it expected steel demand to remain subdued for the foreseeable future and indicated that it was pushing ahead with a large-scale labour... →
AECI still turns healthy profit, dividend owing to a robust response plan
By: Marleny Arnoldi 29th July 2020 JSE-listed chemicals group AECI has declared a gross interim cash dividend of 100c apiece for the six months ended June 30, owing to its well managed cash resources and despite the negative effects of Covid-19. The negative impact of Covid-19 on the company, in the six months under review, was... →
ICE power plants offer ‘least regret’ solution for South Africa, says Wärtsilä
By: Tasneem Bulbulia 28th July 2020 Modular internal combustion engine (ICE) power plants offer the "least regret" answer to South Africa's power crisis, Wärtsilä South Africa business development manager Wayne Glossop said during a July 28 virtual media roundtable discussion. He noted that ICE power plants were also a solution... →
New technology offers effective communication
By: Halima Frost 24th July 2020 Blockchain solution provider DoshEx’s newest offering, Sherlock blockchain, is adapted for project managers and engineers to effectively communicate within a communal ecosystem. DoshEx CEO Alex de Bruyn explains that the Sherlock network combines the Internet of Things (IoT), distributed document... →
Zutari geared with creative, collaborative approaches for infrastructure-led recovery in Africa
By: Marleny Arnoldi 21st July 2020 After demerging from the global engineering and advisory brand Aurecon on January 1, Aurecon Africa has emerged as Africa’s newest engineering consultancy and is now called Zutari. Zutari CEO Dr Gustav Rohde says that although it is a “new” company, it is really one of the oldest in the industry... →
4IR skills map way forward
By: Mamaili Mamaila 17th July 2020 With continuous improvements in technology, there is a need for concurrent upskilling across all sectors, especially as the reality of the Fourth Industrial Revolution (4IR) has set in locally. →
Condra supplies nine telescopic cranes to chemicals company
By: Natasha Odendaal 17th July 2020 Crane manufacturer and refurbishment specialist Condra is deploying telescopic cranes to help a South African chemicals company with the production of large volumes of alcohol for hand sanitisers. Recently tested and soon to be delivered, Condra’s order for nine double-girder cranes with... →
WEF stresses need for nature-based solutions and business involvement
By: Tasneem Bulbulia 15th July 2020 A new report published by the World Economic Forum (WEF), the 'Future of Nature and Business' report, has found that nature-positive solutions can create $10.1-trillion in economic opportunity and counter growing biodiversity losses, while creating 393-million jobs by 2030. The Covid-19 pandemic... →
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