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Latest Videos
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... →
New coatings range launched in S Africa
By: Halima Frost 31st May 2019 Specialised construction product manufacturer a.b.e. Construction Chemicals announced its partnership last month with coatings supplier Rustopak to launch the a.b.e. Rustopak range. The range consists of the a.b.e Rustopak Red Penetrant Sealant, and the Rustopak Top Coat. →
Africa crash test results revealed for Avanza, Amaze and Ignis
By: Irma Venter 29th May 2019 The third round of #SaferCarsForAfrica crash test results revealed a reasonable safety performance for adult occupants, but disappointing results for child occupant protection. The vehicles tested were the Toyota Avanza, Honda Amaze and Suzuki Ignis. →
The people have spoken – Aubrey Matshiqi
By: Aubrey Matshiqi 29th May 2019 In its strategy and tactics documents, the African National Congress (ANC) talks about ‘the people’ as the key motive force of what the ruling party refers to as the National Democratic Revolution. According to the liberation movement model, the people and the liberation movement are one. The... →
Telkom’s mobile division lifts group’s full-year performance
By: Natasha Odendaal 27th May 2019 Telecommunications group Telkom’s mobile division elevated its overall operating revenue, headline earnings and earnings before interest, taxes, depreciation and amortisation (Ebitda) for the financial year ended March 31. The group on Monday posted a 22.6% surge in headline earnings a share to... →
Nuclear is a solution to Eskom’s woes
By: Mamaili Mamaila 17th May 2019 The success of all the countries that have undertaken large nuclear programmes shows that nuclear energy is a credible solution to State-owned power utility Eskom’s power challenges, says retired Eskom chief nuclear officer David Nicholls. →
President's correct, S Africans need to act together to realise economic opportunities – Baissac
By: Martin Creamer 14th May 2019 President Cyril Ramaphosa is correct in stating that South Africans need to act together with urgency and boldness if they are to realise the economic opportunities before them, Eunomix CEO Claude Baissac said on Tuesday. Baissac, who was speaking to Mining Weekly Online following the finding of... →
Vodacom reports full-year profit decline, but rise in service revenue
By: Natasha Odendaal 13th May 2019 JSE-listed Vodacom on Monday posted muted growth in earnings and a rise in service revenue for the financial year ended March 31. The telecommunications giant reported earnings a share of 867c for the 12 months under review, an 8.7% decline on the prior year, along with a 6.6% year-on-year... →
Redefine maintains sustained growth, value creation despite difficult local climate
By: Tasneem Bulbulia 6th May 2019 JSE-listed Redefine Properties, which increased its distribution for the six months ended February 28 by 4% to 49.2c, maintained a strong platform for sustained growth and value creation despite ongoing economic and political uncertainty. The South Africa-based real estate investment trust holds... →
Mantashe urges continued investment in clean coal tech
By: Tasneem Bulbulia 12th April 2019 Mineral Resources Minister Gwede Mantashe on Friday commended Sasol for the “good work” it was doing and the opening of its new Impumelelo Colliery. He said it was notable that the opening of the mine came at a time when coal is under siege and that it should counter the narrative that coal is... →
Hydrogen and platinum at centre of climate change solution – Anglo
By: Martin Creamer 11th April 2019 Hydrogen is at the centre of the solution to climate change and platinum, in turn, is at the centre of hydrogen, London-based Anglo American executive head of market development Benny Oeyen emphasised when he spoke to Mining Weekly Online on the sidelines of this week’s Platinum Group Metals... →
Education important for future of industry – Cesa
By: Cameron Mackay 5th April 2019 Consulting engineering association Consulting Engineers South Africa (Cesa) president Neresh Pather says introducing new technology subjects at technical high schools will play a critical role in preparing future generations for the Fourth Industrial Revolution (4IR) and the general consulting... →
Big business aims to ‘scale up’ ten black firms to R500m-plus enterprises in five years
By: Terence Creamer 28th March 2019 Big business in South Africa unveiled a new initiative on Thursday aimed at deliberately accelerating, over the coming five years, the expansion of ten established black-owned companies into “substantial” enterprises with yearly revenues of more than R500-million. Discovery CEO Adrian Gore... →
Cummins consolidates business units at new multimillion-rand premises
By: Tasneem Bulbulia 27th March 2019 Global power company Cummins on Wednesday officially launched the “Power Hub”, its new multimillion-rand premises in the business area of the Waterfall Logistics Precinct, in Waterfall City, in Midrand. The new premises has enabled the company to consolidate its various services and sales... →
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