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Latest Videos
Eskom confident of raising R72bn despite qualified audit 
By: Terence Creamer 23rd July 2018 Financially stressed electricity producer Eskom expressed confidence on Monday that it would be able raise the R72-billion it required for the 2019 financial year, despite having received a qualified audit opinion for the 2018 financial year, reporting a R2.3-billion loss and nearly 20-billion in... →
SA’s ambitious Youth Employment Service starts taking shape
By: Marleny Arnoldi 20th July 2018 The Youth Employment Service (YES) aims to create one-million jobs within three years to help alleviate the situation of six-million unemployed youths in South Africa, 60% of whom reside in townships and rural areas. YES was established by the CEO Initiative, which is a partnership created... →
Ramaphoria index falling
By: Aubrey Matshiqi 20th July 2018 This month we are celebrating the centenary of the birth of Nelson Mandela. I suspect that the country will celebrate more the older Mandela than the young hothead of a militant who became a commander in the armed struggle against white minority rule. To me, the commemoration of the centenary of... →
Listed contractors feeling the pinch as construction sector dynamics change
By: Natasha Odendaal 18th July 2018 A change in dynamics within the construction industry over the past few years is leading to the demise of the “big contractor” in South Africa. With the first potential “casualty” possibly being seen in the downward spiral of Basil Read, Industry Insight senior economist David Metelerkamp on... →
More than R650m budgeted to prepare Gauteng land for expropriation
By: Anine Kilian 2nd July 2018 The Department of Human Settlements has budgeted more than R650-million to prepare identified portions of land in Gauteng for expropriation without compensation. Human Settlements MEC Dikgang Uhuru Moiloa said on Monday that the province’s rapid land release programme, launched in May, would... →
Omnia lifts FY18 profit by 12% y/y
By: Anine Kilian 26th June 2018 JSE-listed Omnia Holdings posted positive results for the financial year ended March 31, with group revenue having increased by 7% year-on-year to R17.37-billion, as a result of a stronger performance by the mining and chemicals divisions. Earnings before interest, taxes, depreciation and... →
When crime intelligence is lacking
By: Aubrey Matshiqi 22nd June 2018 The cash-in-transit heists, taxi violence and political assassinations in KwaZulu-Natal (KZN) should worry us deeply. What they suggest is the possibility that both policing and our intelligence environment may be in a state of crisis. While it is critical that we avoid errors in analysis that... →
Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside
By: Terence Creamer 7th June 2018 State-owned electricity utility Eskom will, in the coming days, approach the courts to have the National Energy Regulator of South Africa’s (Nersa’s) tariff determination for 2018/19 set aside, chairperson Jabu Mabuza confirmed on Thursday. The action would represent Eskom’s first-ever legal... →
Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle
By: Anine Kilian 29th May 2018 The Manufacturing Circle Investment Tracker (MCIT) for the first quarter of this year shows there has been investment into the manufacturing sector in the past 15 months, but that investment is declining. Presenting key findings of the MCIT, in Centurion, on Tuesday, Manufacturing Circle... →
A reflection on the DA-De Lille imbroglio
By: Aubrey Matshiqi 28th May 2018 A hegemonic project is at its zenith when its driving logic, values and what it represents have become commonsensical. Hegemony at this stage of development is about the reproduction of relations in society in a way that continues to guarantee the dominance of hegemonic interests. It is about... →
Rik Rhino
17th May 2018 South African technical security and surveillance solutions specialist Rik Rhino Surveillance was started in 2011 to help eradicate the terror of rhino poaching by supplying anti-rhino poaching projects in wildlife reserves with scouting trail cameras. These cameras are equipped with motion... →
Agriculture industry grows despite challenges
By: Paige Müller 11th May 2018 Despite policy uncertainty and drought having impacted on the South African agriculture industry, Agricultural Business Chamber (Agbiz) agricultural economist Wandile Sihlobo says the industry outlook is fairly optimistic in the near term. Sihlobo met with Engineering News to discuss the state of... →
Coal ‘not like buying bread’, Hadebe says as Eskom reverses policy on cost-plus mines
By: Terence Creamer 3rd May 2018 In a major policy reversal, State-owned electricity producer Eskom is budgeting to invest in the sustenance of mines that supply coal to the utility on a cost-plus basis. During Brian Molefe’s controversial tenure as Eskom CEO, the utility became hostile to the cost-plus model, which Molefe... →
Rescue Rod
2nd May 2018 Rescue Rod has been involved in providing pipeline services and waste management in various ways since 1990. The company has more than 25 years of experience in the industry and offers some of the most technologically advanced industrial sewer cleaning and pipeline rehabilitation equipment in the... →
Joburg saves millions of litres of water using low-flush cisterns
By: Donald Makhafola 27th April 2018 With the objective of saving about 580-million litres of water a year through its low-flush cistern toilet system project, utility company Joburg Water says the project can also save the city about R3.5-million a year. “Households currently use 29% of their water for flushing. The project is... →
Extreme inequality in South Africa is constraining growth and investment
By: Terence Creamer 10th April 2018 New analysis by the World Bank has confirmed that South Africa’s is not only the world’s most unequal country, but that extreme inequality has become a major constraint to higher levels of economic growth, because it is undermining policy certainty and depressing investment. The bank’s latest... →
New measuring laser introduced to African market
By: Victor Moolman 6th April 2018 Tool and fixings distributor Upat has introduced the Stabila LAR 350 rotational laser (LAR 350) to the African market, which enables construction workers and foremen to measure, level and position equipment, explains Upat national product specialist Charl Weber. The LAR 350 has a wireless... →
Power tool systems’ new line launched in Southern Africa
By: Victor Moolman 6th April 2018 Hand-held power tool supplier Milwaukee has launched the patented Red Link Plus Intelligence electronics system for hand-held power tools. “The Red Link Plus system introduces new electrical controls throughout the hand-held power tools that the company supplies. It starts with the battery packs... →
Paper producer to upgrade Mpumalanga mill
By: Victor Moolman 30th March 2018 Pulp and paper producer Sappi will shut down its Ngodwana mill, in Mpumalanga, for four weeks in May, to install new equipment that will decrease bottlenecking. The company will install new machines, and upgrade the wood chipper, fibre line and pulp dryer, says Sappi Southern Africa CEO Alex... →
Paper Manufacturers Association of South Africa
By: Creamer Media Reporter 29th March 2018 Boxes. Labels. Books. Biochemicals. It’s paper – a renewable, recyclable material that is an inextricable, often invisible, part of daily life. Much is done with paper, and the world would be at a loss without it. The Paper Manufacturers Association of South Africa (Pamsa) has been actively... →
Youth Employment Service to benefit 1m young people
By: Marleny Arnoldi 27th March 2018 President Cyril Ramaphosa on Tuesday launched the Youth Employment Service (Yes) initiative – a business-led partnership with government, labour and society, that aims to empower one-million young South Africans between the ages of 18 and 34 through paid work experiences over the next three years. →
We should be less euphoric about the Ramaphosa moment
By: Aubrey Matshiqi 23rd March 2018 In his State of the Nation address, President Cyril Ramaphosa spoke about a new dawn, hope and renewal. Quoting from the song Thuma Mina (send me), by the late South African jazz giant, Hugh Masekela, he asked us to act in pursuit of a better life and a better South Africa. Since Ramaphosa's... →
Gauteng urged to use water sparingly or face its own ‘Day Zero’
By: Simone Liedtke 22nd March 2018 In light of government recently declaring the drought and water crisis plaguing the country a national disaster, the Department of Water Affairs and Sanitation (DWS) has urged Gauteng water consumers to use resources sparingly. DWS water sector regulations director Mangwani Mabada cautioned on... →
Himoinsa sees demand growth in construction, mining in Africa
By: Schalk Burger 12th March 2018 Power equipment manufacturer Himoinsa has expanded its local African teams and partners to meet the growing demand for custom-designed power systems and generators in the construction and mining sectors, Himoinsa Europe, Middle East and Africa director Guillermo Elum said on Monday. The demand... →
Company becomes exclusive dealer in Rosslyn area
By: Victor Moolman 9th March 2018 Steel supplier BBD steel, in Rosslyn, Pretoria, has become steel supplier and processing company Allied Steelrode’s exclusive distributor of Allied Steelrode Stretcher Material (ASSM) for the area. BBD Steel supplies ASSM products to car manufacturers that are located in the Rosslyn area. BBD... →
CSIR makes progress on first African climate change model
By: Natasha Odendaal 9th March 2018 The Council for Scientific and Industrial Research (CSIR) is making progress in developing the first Africa-based earth system model to provide reliable projections of the potential impact of climate change on the continent. The model will provide input into the coupled model intercomparison... →
New rules needed to facilitate transition to decentralised electricity system – Tau
By: Terence Creamer 7th March 2018 South African Local Government Association (Salga) president Parks Tau has called for an overhaul of the policy and regulations governing electricity supply in South Africa to facilitate a transition towards a more decentralised electricity system. Addressing a well-attended Salga Energy Summit... →
Sasol expects to realise $1bn from noncore asset disposals
By: Terence Creamer 26th February 2018 Chemicals and energy group Sasol expects to realise more than $1-billion from the disposal of noncore assets in the coming few years. However, besides its Canadian shale-gas assets, which have been formally put up for sale, the group is yet to announce which other assets will be sold. Speaking at... →
Green shoots seen in construction industry, despite tight conditions
By: Megan van Wyngaardt 23rd February 2018 The South African construction sector is still facing "very tough and difficult" conditions, with the 2.5% inflation rate creating an even tighter environment, Econometrix chief economist Dr Azar Jamine said on Friday. Speaking to industry representatives during an Afrisam-hosted post-Budget... →
Big ticket items in Budget were more miss than hit - Jamine
By: Megan van Wyngaardt 23rd February 2018 The Budget tabled on Wednesday had a number of misses, with one of the biggest being the failure to cut government's public servant remuneration, which was set to grow by 7% a year over the medium term, economist Dr Azar Jamine said on Friday. "It is earmarked to carry on growing as fast as it... →
Cape Town open for business despite water shortage
By: Natasha Odendaal 23rd February 2018 South African Tourism CEO Sisa Ntshona, Wesgro CEO Tim Harris and Tsogo Sun COO and Tourism Business Council deputy chairperson Ravi Nadasen in February convened in Johannesburg to discuss the Cape Town water crisis and the impact on tourism. South African Tourism, the Tourism Business Council of... →
CSIR publishes latest Atlas to guide response to climate change
By: Natasha Odendaal 21st February 2018 The Council for Scientific and Industrial Research (CSIR) has published the second edition of the South African Risk and Vulnerability Atlas (Sarva), alongside the relaunch of the newly revamped online portal, to help business navigate current research on the risk and vulnerability of key social... →
Reuse of road construction materials mitigates road damage
By: Simone Liedtke 16th February 2018 To eliminate extensive road damage, construction company Wirtgen SA sales manager Waylon Kukard explains that for an environment-friendly rehabilitation of road pavements, existing construction materials need to be fully reused, which significantly reduces material costs. →
The choices Ramaphosa has to make
By: Aubrey Matshiqi 15th February 2018 As I sit to write this month’s missive, it seems the Zuma moment will be behind us soon. As I write, I am listening to a news bulletin in which it is being reported that African National Congress (ANC) reasurer-general Paul Mashatile told a group of businesspeople at the Mining Indaba, in Cape... →
M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close
By: Creamer Media Reporter 14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... →
Warning of ‘seismic’ tax hikes, spending cuts to close R50bn 2018 Budget hole
By: Terence Creamer 13th February 2018 Standard Bank chief economist Goolam Ballim is warning that the upcoming Budget will include “seismic” tax increases and spending cuts to address a menacing “fiscal cleavage” that, in nominal terms, is unprecedented in South Africa’s history. The Budget is scheduled for release on February 21 and... →
Cape Town drought hits tourism, threatens province’s credit ratings
By: Natasha Odendaal 7th February 2018 As the ongoing drought and resultant water crisis threatens Cape Town’s credit ratings and gross domestic product (GDP) growth, warnings of the impact the drought on the local tourism industry are mounting. Tourism to one of South Africa’s most popular destinations is starting to take a knock as... →
Hudaco profit rises in FY17
By: Anine Kilian 2nd February 2018 JSE-listed Hudaco on Friday reported a 7% increase in sales to R5.9-billion for the financial year ended November 30, 2017, while operating profit rose 6% to R676-million. CEO Graham Dunford told Engineering News Online on Friday that comparable earnings a share were up by 7% to 1 251c, while... →
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