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Latest Videos
Large-scale dismissals continue to rise in labour market on back of legislative reform, 4IR 
By: Marleny Arnoldi 14th October 2019 Council for Conciliation, Mediation and Arbitration director Cameron Morajane on Monday revealed the commission had observed increased referrals of large-scale dismissals in the 2018/19 financial year. It expects these numbers to increase further in 2019/20. →
Agri SA, Minister agree on need for partnerships to advance growth
By: Marleny Arnoldi 10th October 2019 With stagnant economic growth and an unemployment rate of about 29%, the pressure is increasing on the agricultural sector to contribute more to gross domestic product (GDP) and live up to its potential in the country. However, the sector is facing its own challenges, including policy... →
CBE Indaba identifies persistent built environment transformation barriers
By: Marleny Arnoldi 9th October 2019 The Council for Built Environment (CBE) acting chairperson Maphefo Mogodi says the built environment industry is plagued by barriers to transformation and that government and industry have not done enough to change the situation. “The inability of small and medium businesses to prosper... →
Investment in climate-positive companies growing – Joburg Indaba 
By: Martin Creamer 7th October 2019 Asset managers globally have become the lightning rod of populist views in Western countries, with the conversation now dominated by climate-change issues within the environmental, social and governance (ESG) paradigm as well as what the prospective upheaval in the vehicle industry means for... →
Energy transition the 'right path' for South Africa, says Mgojo
By: Simone Liedtke 3rd October 2019 South Africa’s transition from coal-fired electricity generation to other sources is a “complicated problem to solve”, in the sense that the solution cannot depend on one organisation, or entity, alone, Exxaro Resources CEO Mxolisi Mgojo told delegates at the Joburg Indaba on Thursday. This was... →
‘No future without Eskom’, says Mabuza
By: Simone Liedtke 3rd October 2019 Given the socioeconomic challenges facing South Africa, State-owned Eskom chairperson and acting CE Dr Jabu Mabuza on Thursday reiterated the power utility’s support for an energy mix that is based on providing reliable energy to the country. This should be a “practical energy mix”, he told... →
John Deere invites third-party providers to join its digital platform
By: Marleny Arnoldi 2nd October 2019 Agricultural equipment supplier John Deere sub-Saharan Africa (JD SA) on Tuesday hosted a technology day, inviting 18 solutions providers to learn more about the company’s Operations Centre (OC) platform. The OC platform comprises digital innovations to manage farming operations. →
Transnet sees slump in export coal volumes as ‘cyclical not structural’
By: Terence Creamer 30th September 2019 State-owned logistics group Transnet reported a 6.5% fall, from 77-million tons to 72-million tons, in export coal volumes in 2018/19, but described the decline as cyclical rather than structural. The group attributed the slump to “operational challenges, derailments, community unrest, train... →
Transnet aims to secure settlements on ‘unlawful’ loco contracts by end of financial year
By: Terence Creamer 30th September 2019 State-owned logistics company Transnet reported on Monday that settlement talks were under way with all four original-equipment manufacturers (OEMs) supplying it with 1 064 new diesel and electric locomotives under contracts that had since been deemed “irregular and unlawful” by the group. Under... →
Transnet reports dramatic rise in irregular expenditure to R49bn
By: Terence Creamer 30th September 2019 State-owned freight logistics utility Transnet received yet another qualified audit for its 2018/19 financial year and also announced a dramatic rise in irregular expenditure to R49-billion, after locomotive contracts valued at R41.5-billion where added to the figure, which stood at R8-billion at... →
Labour throws weight behind prescribed-assets proposal 
By: Terence Creamer 26th September 2019 Congress of South Africa Trade Unions (Cosatu) general-secretary Bheki Ntshalintshali has come out in support of government's prescribed-assets proposal, arguing that trustees of worker pension funds are currently being stymied from investing in assets that would be in the long-term interests of... →
‘More inclusive’ Nedlac needed for crafting of growth-igniting compact
By: Terence Creamer 26th September 2019 Business and government acknowledged on Thursday that the National Economic Development and Labour Council (Nedlac) needs to be more inclusive and representative if it were to have any chance of crafting a social compact that lifts the South African economy out of its current low-growth and... →
Pan African studying solar power project
By: Martin Creamer 18th September 2019 Gold mining company Pan African is completing a feasibility study into the construction of a 10 MVA solar power plant at its Elikhulu Tailings Retreatment Plant, in Evander, Mpumalanga. The R1.74-billion project uses a conventional carbon-in-leach circuit with a proprietary preoxidation process... →
Gold’s safe haven status has returned – Pan African
By: Martin Creamer 18th September 2019 The safe haven status of gold appears to have returned for the time being. “The world is increasingly an unstable place. Project one world, or globalisation, seems to have failed,” Pan African CEO Cobus Loots said on Wednesday when the London Aim- and JSE-listed gold mining company reported group... →
Govt looking to create 'certainty' in local steel, manufacturing industries
By: Simone Liedtke 13th September 2019 Public Enterprises Deputy Minister Phumulo Masualle on Friday said the Department of Public Enterprises (DPE) was looking to create “a sense of certainty” in the local steel and manufacturing industries by leveraging investments from State-owned entities (SOEs). This, he told delegates at the... →
Master plans needed to expand productive South African sectors – Patel
By: Simone Liedtke 13th September 2019 To grow South Africa’s economy and expand its productive sectors, master plans will need to be developed for each of those sectors, Trade and Industry Minister Ebrahim Patel said on Friday. Speaking on the second day of the Metals and Engineering Indaba, in Sandton, on Friday, the Minister... →
Treasury's economic turnaround plan lacks 'inclusivity', says BBC
By: Marleny Arnoldi 9th September 2019 In reviewing Finance Minister Tito Mboweni’s 77-page economic growth policy paper, industry organisation, the Black Business Council says the policy is lacking in inclusivity, specific detail and ambition. Mboweni released the document, titled 'Economic Transformation, Inclusive Growth and... →
Discovery Health CEO Jonathan Broomberg unpacks the NHI
6th September 2019 The recent iteration of the National Health Insurance (NHI) has caused significant panic in the healthcare sector with Discovery's share price severely impacted following the tabling of the proposed NHI plans in parliament. Discovery Health CEO Jonathan Broomberg unpacks what the proposed NHI... →
Tricolt, Attacq launch new high-rise residential precinct in Waterfall City
By: Schalk Burger 28th August 2019 Residential property developer Tricolt and JSE-listed real estate investment trust Attacq on Wednesday launched the first phase of a high-rise residential project, called Ellipse, in Waterfall City, Midrand. The project, which involves the development of four residential buildings, broke ground... →
Jet Demolition ends search for right B-BBEE partners after 11 years
15th August 2019 To become a company that is truly invested in the transformation and betterment of South Africa, demolition contractor Jet Demolition has entered into a broad-based black economic empowerment (B-BBEE) deal. Subsequently, Jet Demolition founders Joe and Liz Brinkmann have become executive... →
Foskor board to finalise sustainability plan within six months
By: Terence Creamer 13th August 2019 Foskor chairperson Bobby Godsell reported on Tuesday that the company’s board was conducting a comprehensive review of the group’s underperforming operations with the aim of developing a sustainability plan within the coming six months. Foskor, which mines phosphate rock and magnetite in Limpopo... →
IDC urged to up its ‘counter-cyclical’ game, as Patel sets R110bn funding target
By: Terence Creamer 13th August 2019 Trade and Industry Minister Ebrahim Patel is insisting that the Industrial Development Corporation (IDC) play a far more assertive counter-cyclical investment role in the flagging South African economy and has formally set a R110-billion, five-year disbursement target for the State-owned... →
Solar-powered irrigation requires greater subsidisation
By: Darren Parker 9th August 2019 The high initial capital expenditure required for solar-powered irrigation systems (SPISes) makes it mostly an unviable option for small-scale farmers in South Africa, unless they receive heavy subsidisation, according to International Commission on Irrigation and Drainage president Felix... →
Agriculture sector driven to spend more upfront on innovation
By: Darren Parker 9th August 2019 Amid current economic pressure, high energy costs and power grid uncertainty, the agriculture sector in South Africa is starting to favour higher capital expenditure on advanced technology because of the resulting long-term reductions in operating costs, says drive engineering company... →
Ethos concludes investment into South African analytics firm
By: Tasneem Bulbulia 5th August 2019 Following the successful delisting of Torre Industries from the JSE in April and further to the delisting plan, the business was successfully separated into two autonomous entities. Torre Analytical Services was acquired by Ethos Mid Market Fund and Torre Industrial by Apex Partners. →
Transnet and IFC team up in effort to catalyse Richards Bay LNG PPP
By: Terence Creamer 23rd July 2019 The International Finance Corporation (IFC) has made a $2-million cost-sharing commitment to support the completion, by Transnet, of a feasibility study into the development of a liquefied natural gas (LNG) storage and regasification terminal at the Port of Richards Bay, in KwaZulu-Natal by 2024.... →
Crucial policy missteps have taken place – Ramaphosa
By: Sane Dhlamini 23rd July 2019 President Cyril Ramaphosa said on Tuesday that, while South Africa has come a long way 25 years into democracy, there have been crucial policy missteps, and he admitted that government has, at times, failed to implement coherent policy or delayed doing so. He was addressing delegates at the 25... →
Air Products, Jeka highlight benefits of solar rooftop installations
By: Simone Liedtke 19th July 2019 A solar photovoltaic roof-mounted power plant system installed at industrial and specialty chemicals supplier Air Products’ Kempton Park facility generates sufficient energy to meet between 60% and 70% of the facility’s day-time requirements, Air Products GM Maropeng Bahula says. The plant,... →
Bahrain composites group aiming to use PRASA contract as platform for expansion into other sectors
By: Terence Creamer 18th July 2019 Composites multinational BFG International, of Bahrain, has officially opened a R50-million factory in Ekurhuleni, South Africa, to supply fibreglass components for the Passenger Rail Agency of South Africa’s (PRASA’s) new trains. The investment, which is the first-ever by a Bahraini... →
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. →
Stringent standards raising bar on emission reduction tech
By: Mamaili Mamaila 5th July 2019 There is now more pressure on local industries than ever before to reduce local emissions to meet stringent environmental standards. →
Reliable Transformers
27th June 2019 South African transformers manufacturer Reliable Transformers a has been manufacturing quality products since 1982. To keep up with the capacity demands of its exponential growth, owing to customer demand, the company extended its manufacturing facility and built a new office building. The... →
Siemens Digital Industries
21st June 2019 Automation and digitalisation innovation leader Digital Industries (DI) closely collaborates with its partners and customers to drive the digital transformation in the process and discrete industries and provides companies of all sizes with an end-to-end set of products, solutions and services to... →
Aviation manufacturing can be showcase for industrial stimulation
By: Schalk Burger 14th June 2019 A proposed industrial growth initiative by the local aviation manufacturing industry can potentially serve as a showcase for how South Africa can stimulate its industrial sectors and how it should respond to their digital transformation, Commercial Aerospace Association of South Africa (Camasa)... →
Industrial development funding mix can improve success
By: Schalk Burger 14th June 2019 A diversified funding mixture to stimulate industrial activity and development will help to improve success and can lead to growth partnerships with investors and government, as well as more rapid growth if successful, states industry body Commercial Aerospace Manufacturing Association of South... →
Heavy Haul Game Changer
12th June 2019 International Heavy Haul Association (IHHA) chairperson Brian Monakali, who is also acting Rail Network GM at South Africa’s Transnet Freight Rail, believes collaboration is the key to ensuring that global heavy haul operators mitigate the risks associated with the Fourth Industrial Revolution... →
Renergen dual listing to provide benefit of Australian research, understanding
By: Simone Liedtke 10th June 2019 Emerging liquid helium and liquid natural gas (LNG) producer Renergen’s recent listing on the ASX will benefit the company by giving it access to Australian research and industry understanding, CEO Stefano Marani tells Engineering News Online. Renergen, which is also listed on the JSE’s AltX,... →
Commemorative coin series launched to celebrate South Africa’s 25 years of democracy
By: Simone Liedtke 5th June 2019 In partnership with the South African Reserve Bank (SARB), the South African Mint on Wednesday launched a series of six new commemorative circulation coins as part of its ‘SA25 – Celebrating South Africa’ coin series. The new circulation coins, which were unveiled by SARB governor Lesetja... →
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