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Latest Videos
Private-sector investment a key driver of growth 
By: Mamaili Mamaila 13th December 2019 Ahead of the 2019 South African Investment Conference, JSE-listed and diversified mining company Exxaro hosted a media tour, which started at The conneXXion – its head office in Centurion, Gauteng. →
Diversified miner announces R20-billion investment drive
By: Mamaili Mamaila 13th December 2019 JSE-listed diversified mining company Exxaro officially announced its commitment of R20-billion towards President Cyril Ramaphosa’s investment drive for South Africa at the 2019 South African Investment Conference, which took place in Johannesburg, last month. →
IDC assures black industrialists of its support
By: Tasneem Bulbulia 3rd December 2019 The Industrial Development Corporation (IDC) does present funding opportunities to black industrialists, CEO Tshokolo Nchocho assured on Tuesday. Speaking at the Black Business Council’s (BBC’s) Access to Funding Series engagement with the IDC, in Johannesburg, he pointed out that there were a... →
Research grant awarded at environment conference
By: Halima Frost 29th November 2019 Stellenbosch University research fellow Dr Hayley Clements was announced as the recipient of the inaugural Jennifer Ward Oppenheimer Research Grant last month at the tenth Oppenheimer Research Conference held in Midrand, Gauteng. The research grant was set up to honour the late Jennifer Ward... →
DWS launches national water master plan 
By: Natasha Odendaal 28th November 2019 The Department of Water and Sanitation on Thursday launched its long-awaited master plan to guide investment in the water sector and facilitate development planning for water resources and the delivery of water and sanitation services to 2030 and beyond. The National Water and Sanitation Master... →
South Africa’s transport future depends on how economy is stimulated
By: Simone Liedtke 21st November 2019 Transport infrastructure is considered a critical part of the National Development Plan 2030, with State-owned Transnet capital projects acting project director Shraveen Ramdhar on Thursday saying South Africa’s transport future was dependent on how government intended to stimulate the economy.... →
Companies mostly behave ethically, but internal issues persist 
By: Marleny Arnoldi 20th November 2019 The Gordon Institute of Business Science (Gibs) has shared details of the first phase of its ethics barometer initiative, finding that the overall “ethical fitness” of 15 participating companies was rated at 73, on a scale of zero to 100. Fifteen organisations and 8 000 of their employees... →
Altron keeps focus on innovation as it reaches strategy halfway mark
By: Natasha Odendaal 15th November 2019 As JSE-listed technology company Allied Electronics (Altron) celebrates the half way mark of its five year plan, CEO Mteto Nyati, who took the helm nearly three years ago, indicates that the next phase for the company will focus on geographic expansion. Two-and a half years since implementing the... →
Inaugural Africa wire, cable and tube conference gets under way in Jhb
By: Tasneem Bulbulia 12th November 2019 Research and consulting company CRU and the Southern Africa–German Chamber of Commerce and Industry (AHK), along with global trade shows, Wire & Tube as lead sponsor, on Monday kicked off the inaugural Africa Wire, Cable & Tube Conference, which is being held until November 13 in Johannesburg.... →
Investment case for LNG imports into South Africa to be completed by year-end
By: Terence Creamer 11th November 2019 State-owned logistics group Transnet says the investment case for the import of liquefied natural gas (LNG) into South Africa will be completed by year-end and that the solution will be aligned with the anticipated drop-off in gas imports from Mozambique from 2023 onwards. The study is being... →
Transnet confirms legal review of 10-64 locomotive contracts
By: Terence Creamer 11th November 2019 State-owned logistics group Transnet confirmed on Monday that it is initiating a legal review of the a R49-billion locomotive procurement contract, known as 10-64, having already declared the contracts irregular and unlawful. Speaking at the release of the group’s interim results, acting CEO... →
Steady progress being made to make South Africa a ‘competitive investment destination’
By: Terence Creamer 6th November 2019 President Cyril Ramaphosa outlined the “steady, but sure” progress being made to make South Africa a “more competitive investment destination” as he sought to consolidate an investment push designed to attract $100-billion (R1.2-trillion in 2018 exchange rates terms) of fixed investment over the... →
Sasol sets out plan to cut emissions by 10% by 2030
By: Marleny Arnoldi 5th November 2019 Petrochemicals giant Sasol is targeting a 10% reduction in its greenhouse gas (GHG) emissions by 2030, bringing the current 56-million tonnes a year of emissions down to 50-million tonnes. This forms part of Sasol’s commitment to mitigate climate change, especially considering that the group is... →
Redefine lifts full-year distributions a share by 4%
By: Tasneem Bulbulia 4th November 2019 JSE-listed real estate investment trust (Reit) Redefine Properties has lifted its distributable income for the financial year ended August 31 by 4% year-on-year to 101c a share, with total group assets exceeding R100-billion for the first time. Moreover, this marks the first time that full-year... →
M2 motorway to be reopened to motorists from next week
By: Simone Liedtke 31st October 2019 The M2 motorway will be reopened to traffic from November 4, the Johannesburg Roads Agency says. The motorway between the Crown Interchange and Maritzburg street had been closed since February 28 for rehabilitation. The closure, the JRA explained during a media event on Thursday was necessitated... →
Water-shedding can be avoided, says Sisulu
By: Natasha Odendaal 28th October 2019 Water-stressed South Africa has to decrease the amount of water consumed or face the prospect of “water-shedding”. The Department of Water and Sanitation on Monday urged citizens to heed calls of water demand reductions, as the country enters the summer period with water restrictions. →
Sasol mulling several gas supply options as it seeks to reduce carbon footprint
By: Terence Creamer 28th October 2019 Chemicals and energy group Sasol is investigating several gas-supply alternatives for its coal-heavy South African operations as it seeks ways to reduce its carbon footprint. The JSE-listed group is simultaneously working on a ‘sustainability roadmap’, which will have a strong focus on lowering... →
Sasol seeks to use leadership ‘reset’ to rebuild trust in wake of damning LCCP review
By: Terence Creamer 28th October 2019 Sasol CEO-designate Fleetwood Grobler insists that he is “realistic” about the challenges still confronting the chemicals and energy group, which parted ways with its previous joint CEOs on Monday, following a damning board review of cost and schedule overruns at the giant Lake Charles Chemicals... →
Lanseria opens three-storey parkade
By: Marleny Arnoldi 25th October 2019 Gauteng Public Transport and Road Infrastructure MEC Jacob Mamabolo on Friday inaugurated Lanseria International Airport’s new multistorey parkade. The parkade, built at a cost of R210-million, comprises three parking levels and 1 000 bays, and forms part of the airport’s strategy to support job... →
FTTX Council punts open-source architecture for network development
By: Natasha Odendaal 25th October 2019 With the increasing growth of data and the Internet of Things (IoT), there is a need to review the potential use of open-source architecture in the design and building of fibre networks, says FTTX Council president Andile Ngcaba. The open-source community has “changed the classic information... →
Government and telcos sign excellence pact
By: Natasha Odendaal 25th October 2019 Telecommunications leaders and government have signed a pact that will assit efforts to promote a sustainable industry built on excellence. The Industry Stakeholder Principles of Excellence was signed in October by an initial seven companies, including Altron, Liquid Telecoms, Dark Fibre Africa,... →
Transnet launches world’s longest production train
By: Simone Liedtke 24th October 2019 State-owned rail company Transnet Freight Rail (TFR) on Thursday launched a 4-km-long train, with 375 wagons, officially making it the longest train in the world. The train was driven by Lisa Clark and transported about 24 000 t of manganese over a distance of more than 860 km between the Sishen... →
Altron remains on track to achieve its five-year Ebitda goal
By: Natasha Odendaal 24th October 2019 JSE-listed Allied Electronics (Altron) on Thursday posted positive interim results as it continued to track towards its five-year goal of doubling its earnings before interest, taxes, depreciation and amortisation (Ebitda) by 2022. Ebitda improved by 19% to R803-million during the six months... →
DTIC, World Trade Organisation discuss AfCFTA opportunities, challenges
By: Marleny Arnoldi 23rd October 2019 Phase 2 agreements under the African Continental Free Trade Agreement are expected to be finalised by January 2021, the Department of Trade, Industry and Competition says. The Phase 2 agreements will deal with investment, intellectual property and competition issues. →
Seminar highlights need for greater energy generation flexibility
By: Marleny Arnoldi 22nd October 2019 It makes economic and technical sense for electricity utilities such as Eskom to source as much new wind and solar photovoltaic (PV) energy as possible, says EE Publishers MD Chris Yelland. Speaking at a seminar hosted by EE Publishers and Nedbank, on Tuesday, he said the only limitations were... →
South Africa to test market for emergency power ‘gap fillers’ as IRP is finalised
By: Terence Creamer 18th October 2019 South Africa will release a request for information (RFI) in the coming weeks to test the market for solutions to close an immediate electricity supply gap of between 2 000 MW and 3 000 MW, which has emerged primarily as a result of a fall in the energy availability factor (EAF) from Eskom’s coal... →
Role of equipment suppliers in food safety under spotlight
By: Schalk Burger 18th October 2019 Component and equipment multinational BMG hosted clients at its inaugural industry-specific engagement days with a showcase of its food and beverage industry solutions and components at its factory in Jeppestown, Johannesburg in September. The showcase provided advice from industry experts about... →
PPC warns against the threat of substandard cement products
By: Simone Liedtke 15th October 2019 Substandard cement products are threatening the built environment industry and placing South African lives at risk, says PPC South Africa MD Njombo Lekula. He explains that the use of substandard cement has various implications that may negatively affect the sustainability of buildings and... →
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... →
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