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Latest Videos
Renergen bringing LNG fuel alternative to South Africa 
By: Simone Liedtke 15th July 2020 The current global recession is accelerating the transformation to cleaner energy sources and the use of liquefied natural gas (LNG) in transport owing to the need to reduce costs by as much as possible. Within this context, emerging natural gas and helium producer Renergen CEO Stefano Marani... →
Creamer Media’s 40-year evolution – watch the video
14th July 2020 In March next year Creamer Media will achieve the remarkable milestone of 40 years of successful business-to-business publishing. →
Dlamini-Zuma elaborates on alcohol ban, family gatherings 
By: Marleny Arnoldi 13th July 2020 Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma says government is taking every possible measure that it can to help curb the spread of Covid-19, which has called for some controversial regulation changes and restrictions since the start of the lockdown in South... →
Ian McRae, who oversaw Eskom’s ‘electricity for all’ policy, dies
12th July 2020 The much respected former CEO of Eskom, Ian McRae, died in the early hours of Sunday morning July 12, 2020. He was 90 years old. Born in Germiston on September 24, 1929, Ian Campbell McRae started his career as an apprentice fitter and turner at Eskom. After qualifying he went on to obtain a... →
New piezometer boosts existing safety standards
By: Halima Frost 10th July 2020 The installation of South Africa’s first Slimline vibrating wire piezometer, which is distributed by geotechnical service provider GeoGroup, is set to take place when the current Covid-19 lockdown regulations allow. The company says the piezometer will be instrumental in ensuring accurate... →
Host of new tech sees Merc trucks save up to 5% on fuel
By: Irma Venter 3rd July 2020 The new Actros heavy-duty truck launched in South Africa comes with a host of “next-level innovations”, says Daimler Trucks & Buses Southern Africa (DTBSA) CEO Michael Dietz. These include the absence of outside mirrors in favour of in-cab screens (mounted on the A-pillars) that are linked to... →
New booster for industry
By: Darren Parker 3rd July 2020 Nitrogen generation equipment manufacturer and supplier NitraLife has introduced a booster for its NitraCut nitrogen generator product, which ‘bolts’ onto the company’s NitraCut nitrogen generator, to increase its nitrogen delivery pressure and therefore also increase the thickness of steel it... →
Future order book to relieve pressure for fabricator
By: Darren Parker 3rd July 2020 Although the strategic decision to continue to pay employees full salaries during the Level 5 lockdown in April put pressure on its cashflow, steel fabricator and erector Betterect believes a healthy order book of projects for the next 18 months should ensure that the pressure will be relieved.... →
Insurers’ rejection of Covid-19 claims severely impacting tourism, hospitality sectors
By: Tasneem Bulbulia 1st July 2020 The South African tourism and hospitality sector has been “decimated” by the Covid-19 pandemic and subsequent lockdown, and jobs and businesses are at risk owing to insurance companies continuing to reject claims related to the Covid-19 pandemic. This was indicated by specialist public loss... →
Vukile bullish about financial position amid Covid-19
By: Simone Liedtke 30th June 2020 Vukile Property Fund has reported 3.2% growth in its distributable earnings a share for the financial year ended March 31,. CEO Laurence Rapp says Vukile had a “very strong year and has delivered a stand-out set of results” where operationally, the company’s portfolios in South Africa and Spain... →
Weir Minerals South Africa inks empowerment transaction with Medu Capital
By: Simone Liedtke 26th June 2020 Mineral solutions provider Weir Minerals Africa’s (WMA’s) South African operation, Weir Minerals South Africa (SA), is now 25.1% owned by black empowerment partner Medu Capital. Through the partnership, Medu will play an active role in guiding and fostering the future success of Weir Minerals SA,... →
Customer behaviour now central to supply chain management
By: Marleny Arnoldi 23rd June 2020 The Covid-19 pandemic has accelerated change and moved desired changes in the supply chain space forward by at least ten years, Australia-based supply chain advisory firm Gattorna Alignment executive chairperson Dr John Gattorna said on June 23. “Changes we were grappling with before, but... →
Telkom redirects dividend payouts to spectrum, capital investment programme
By: Natasha Odendaal 22nd June 2020 JSE-listed Telkom has suspended its dividend payouts for the next three years from the 2021 financial year to redirect the capital to acquire much-needed spectrum and complete its capital expenditure (capex) programme to ensure future sustainability. The group, which announced its intention of... →
Midvaal municipality pursues pioneering electricity distribution PPP model
By: Terence Creamer 18th June 2020 The Midvaal municipality, in southern Gauteng, has issued a pioneering tender through which it is seeking to enter into a long-term concession agreement with a private entity to manage, operate and finance its electricity distribution service and to invest in new technologies. The municipality... →
Bidcorp says sales starting to recover
By: Tasneem Bulbulia 15th June 2020 JSE-listed Bid Corporation's (Bidcorp's) group sales for the week ended April 5 reached a low of 37% versus the corresponding week year-on-year, but has recovered to 65% of the sales of the corresponding week in 2019 for the week ended May 31. The company on June 15 provided an update on the... →
Danakali bullish about sulphate of potash demand growth beyond Covid-19
By: Marleny Arnoldi 15th June 2020 ASX- and LSE-listed Danakali is cautiously optimistic about the food markets globally, despite uncertainty owing to Covid-19, and thanks to the sector’s resilience to the crisis. CEO Niels Wage tells Mining Weekly that global food production prospects are positive, stocks are high,... →
Call centre combating Covid-19 effects
By: Halima Frost 12th June 2020 Business process outsourcing solutions provider Merchants South Africa (SA) has identified a formal framework to help combat the effects of the Covid-19 pandemic on its call centre environments, for staff and clients. “The framework is a multifaceted approach to ensure that we comply with... →
South Africa must rapidly implement measures to attract FDI − Leon
By: Simone Liedtke 10th June 2020 The South African economy finds itself on the edge of a fiscal cliff, especially as the Covid-19 pandemic has caused a “massive and rapid shock”, says law firm Herbert Smith Freehills partner and Africa co-chair Peter Leon. While the effects of the pandemic were initially localised to Asia,... →
Company welcomes relaxed lockdown regulations
By: Simone Liedtke 5th June 2020 Construction materials company AfriSam has welcomed the first steps in relaxing South Africa’s national Covid-19 lockdown, and looks forward to Level 3, which was earmarked to start at the beginning of this month. The relaxed regulations now allow for critical supplies of cement and construction... →
WEF, Prince of Wales launch Great Reset initiative to drive global change
By: Simone Liedtke 4th June 2020 With the Covid-19 pandemic having exposed various existing societal fault lines and laid bare a fundamental lack of social cohesion, fairness, inclusion and equality, the World Economic Forum (WEF) on June 3 announced the launch of its Great Reset initiative. Drawing from the vision and vast... →
Covid-19 pall hangs over Nampak’s recovery prospects
By: Terence Creamer 29th May 2020 Packaging group Nampak announced on Friday that impairments of R3-billion, which related to its Nigerian and Angolan operations, had contributed materially to a slump in its interim results for the period to March 31. The outlook for the business was also uncertain, with the Covid-19 pandemic... →
Supplier launches 450 new products
By: Mamaili Mamaila 27th May 2020 Electrical switchgear supplier ElectroMechanica (EM) launched the latest edition of its product catalogue this year. A new catalogue is launched on average every two years. →
Datatec posts strong results as Westcon turns around fortunes
By: Natasha Odendaal 27th May 2020 JSE-listed Datatec on Wednesday May 27 posted strong results for the year ended February 29, as Westcon International returns to profitability and Logicalis Latin America produces an “exceptional performance”. The information and communications technology (ICT) group reported earnings before... →
AfCFTA to be continent’s main post-pandemic ‘stimulus’ lever
By: Terence Creamer 25th May 2020 The African Continental Free Trade Agreement (AfCFTA) represents the only realistic stimulus option available to resource-constrained African governments for reigniting growth in response to the Covid-19 pandemic, AfCFTA secretary-general Wamkele Mene avers. The global response to the virus had... →
Eskom committed to ‘aggressive’ end-2021 unbundling timeline
By: Terence Creamer 21st May 2020 Eskom CEO Andre de Ruyter describes as “aggressive” the end-of-2021 deadline for completing the unbundling of the vertically integrated power utility but insisted on Thursday that he was fully committed to adhering to the timeline contained in government’s restructuring roadmap. During a virtual... →
As Eskom rolls out boiler fixes to more Medupi units, it confirms FGD talks with World Bank
By: Terence Creamer 21st May 2020 Electricity utility Eskom is rolling-out design modifications made recently to Medupi Unit 3 to Medupi Unit 6, rather than waiting for the results of an evaluation of the fixes, which is proceeding in parallel. The unit was shut for 75 days on January 26 to address defects that emerged, mostly in... →
Entrepreneurs urged to document business development from early stage to attract investors
By: Donna Slater 14th May 2020 Entrepreneurs that have started a business or are looking to start a business, especially in the green economy, should start, as soon as possible, with documenting their business development process to ensure they have that information available for when they start looking for investors, YWaste... →
Altron delivers positive FY20 results
By: Natasha Odendaal 14th May 2020 JSE-listed Allied Electronics (Altron) posted a 14% increase in earnings before interest tax and depreciation (Ebitda) to R1.84-billion during the year ended February 29. The adoption of the International Financial Reporting Standards (IFRS) 16 accounting standard positively contributed... →
Localisation, digitalisation key to cost-effective maintenance in trying times
By: Marleny Arnoldi 12th May 2020 Covid-19 has resulted in less funding for the power generation sector, owing to lower revenue from electricity sales amid business restrictions. At the same time, the sector still has to invest in the necessary equipment maintenance to ensure reliable power supply. →
Resilient communications have never been more important, says Ericsson
By: Natasha Odendaal 12th May 2020 Changing patterns in telecommunications traffic owing to the various levels of Covid-19 lockdowns worldwide are shifting the goalposts for predictions in a post Covid-19 world. With increasing surges in connectivity demand, information and communication technology (ICT) firm Ericsson president... →
Vodacom reports stronger H2, international operations shine in FY20
By: Natasha Odendaal 11th May 2020 JSE-listed Vodacom has ended the year to March 31 with strong customer growth, increased revenue and earnings and increased traffic on its network. Vodacom’s group revenue increased 4.8% to R90.7-billion, with group service revenue up 5% to R73.3-billion during the financial year under review. →
Commission warns retailers they'll have to substantiate reasons for cost increases
By: Simone Liedtke 8th May 2020 Firms and retailers that are found to increase prices during the Covid-19 pandemic will need to substantiate why this is the case when approached by the Competition Commission, according to the commission’s chief economist James Hodge. While various factors are taken into account – such as... →
Opinion: Innovation is vital to compete and grow in a digitally disrupted world
7th May 2020 In this opinion article, Accenture in South Africa CEO Vukani Mngxati argues that South Africa needs to isolate the innovation gene and replicate it in all endeavours and in all sectors of society to create value. He also further unpacks the findings of Accenture’s latest Innovation Maturity... →
Jachris offers frontline sanitising defence for companies to get back to business
By: Natasha Odendaal 6th May 2020 Hose and fittings manufacturer Jachris is producing an automated mist sanitising safety tunnel that offers a frontline defence against Covid-19 and enables companies to “get back to business” safely. The SpraySAFE Mist Sanitising Safety Tunnel, used in conjunction with other sanitising and good... →
Steel production likely to stagnate or decline this year, says Roskill
By: Simone Liedtke 5th May 2020 Steel production in developed economies is likely to either stagnate, or decline completely, as the Covid-19 pandemic continues to influence and impact on the global economy, consultancy Roskill steel alloys principal consultant Erik Sardain said on May 5. Speaking in a webinar, he explained... →
Redefine expects full-year results to show a ‘tale of two halves’
By: Simone Liedtke 4th May 2020 With the Covid-19 virus and related uncertainty continuing to weigh on businesses, real estate investment trust (Reit) Redefine Properties has announced a 32% fall in its distributable income per share for the six months ended February 29, to 33.46c from 49.19c in the prior comparable period.... →
Gautrain reopens with disinfectant spray booths, regular sanitising
By: Irma Venter 4th May 2020 The Gautrain resumed service, albeit limited, on May 4, following the suspension of all services at the end of March owing to the national Covid-19 lockdown. Trains will operate daily between 05h30 to 09h30 and 15h00 to 19h00. →
Patel offers insight into Level 4 balancing act as South Africans smart over irrational restrictions
By: Terence Creamer 30th April 2020 Amid growing opposition to some of the restrictions to be imposed as part of South Africa’s Level 4 Covid-19 lockdown, which begins on May 1, Trade, Industry and Competition Minister Ebrahim Patel has sought to outline the philosophy underpinning the country’s evolving approach to working during... →
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