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Latest Videos
Divercity launches Jewel City 
23rd September 2020 Divercity Urban Property Fund has completed the first phase of its Jewel City project in a two-year development programme, and the new inner-city mixed-use precinct officially launched to the public on Heritage Day. Jewel City is a residential, commercial and retail development. →
Attacq decides against declaring a full-year dividend to preserve liquidity
By: Donna Slater 22nd September 2020 Real estate investment trust (Reit) Attacq experienced a decline in distributable earnings during the last six months six months of the financial year ended June 30, mainly as a result of tenant rent relief measures to help tenants through the worst of the Covid-19 lockdown. The company was... →
On-The-Air (18/09/2020)
By: Martin Creamer 18th September 2020 The mining industry is calling for Joburg’s mine dumps to come down to cut travel time in taxis; A rich old gold mine is being brought back to life in the Evander gold fields of Mpumalanga; and Platinum is fighting its way into battery electric vehicles, from which it has up to now been excluded. →
Daimler’s first hydrogen fuel-cell truck to start customer trials in 2023 
By: Irma Venter 17th September 2020 Daimler Trucks has unveiled its first hydrogen-based fuel cell truck. The GenH2 Truck is aimed at the long-haul transport market and marks the beginning of commercial fuel-cell drive development for the German truck maker. →
Some positive movement on the electricity front
17th September 2020 Creamer Media's Chanel de Bruyn speaks to Creamer Media Editor Terence Creamer about the National Energy Regulator of South Africa's concurrence with a Ministerial determination that paves the way for the resumption of regular procurement and the significance of Eskom having signalled its support... →
SAVE-P manufacturing underway, showcases local capabilities
16th September 2020 Nonprofit organisation, the South African Emergency Ventilator Project, or SAVE-P, was launched in March in an effort to cost-effectively locally produce much-needed ventilators to meet an expected shortage. Natasha Odendaal tells us more. →
ARC delivers satisfactory performance amid economic, Covid-19 impacts
By: Natasha Odendaal 15th September 2020 Empowerment investment firm African Rainbow Capital (ARC) Investments has posted what it deems a satisfactory performance for the year ended June 30, 2020, considering the challenging operating environment that has dragged the performance of many of its portfolio investments. The group achieved... →
On-The-Air (11/09/2020)
By: Martin Creamer 11th September 2020 Minerals Council South Africa is working with the government to treble the size of our platinum industry; Research has now found a new place for platinum in electric vehicles; Royal Bafokeng Platinum this week urged the government to make the hydrogen economy a top priority. →
Local manufacturing needs support to fulfil potential, panellists say
By: Tasneem Bulbulia 11th September 2020 Local manufacturing had the potential to support South Africa's economic recovery, but this required addressing a myriad of challenges, panellists said during a South African Capital Equipment Export Council webinar on September 10. The webinar was held as part of this year's Electra Mining... →
Afrox manages healthy dividend, profit despite lower demand in H1
By: Marleny Arnoldi 11th September 2020 Gas supplier African Oxygen (Afrox) has declared a dividend of 38c a share for the six months ended June 30. It also posted earnings before interest and taxes (Ebit) of R336-million and basic earnings a share of 77.8c. →
South Africa's green hydrogen production potential
10th September 2020 Creamer Media's Chanel de Bruyn speaks to Creamer Media Editor Terence Creamer about the global interest in green hydrogen and what South Africa needs to do to become a world leader in green hydrogen. →
Data key to long-term optimisation, says SAIMC's first-ever female president
By: Simone Liedtke 9th September 2020 Describing data as the “new oil” or “new water” of the world, Society for Automation, Instrumentation, Mechatronics and Control (SAIMC) president Annemarie van Coller has emphasised the importance of changing data from “just data to insights”. Speaking during an automation-themed webinar hosted... →
4IR a ‘unique opportunity’ for Africa to overcome development hurdles
By: Simone Liedtke 8th September 2020 The Fourth Industrial Revolution (4IR) represents a unique opportunity for African countries to scale development hurdles with the help of technologies, electronics manufacturer Pepperl+Fuchs Africa sales director Marc van Pelt said on September 8. He spoke during an automation-themed webinar,... →
Locally-produced fuel cells being used by army field hospital 
8th September 2020 From Creamer Media in Johannesburg, this is the Real Economy Report. Sashnee Moodley: →
Proper ventilation a key tool to prevent the spread of Covid-19
By: Simone Liedtke 7th September 2020 Indoor ventilation is an important tool to prevent the viral transmission of the Covid-19 virus when correctly applied. Conversely, poor ventilation promotes viral transmission, Engen industrial hygiene specialist Garth Hunter warned during the South African Institute of Occupational Safety and... →
Engineers, contractors still struggling despite SA's infrastructure-led recovery plan
4th September 2020 Creamer Media's Chanel de Bruyn speaks to Creamer Media Editor Terence Creamer about why government is prioritising an infrastructure-led economic recovery and the fact that this has yet to result in new work or projects for the construction secftor. →
Betterect, FLSmidth showcase bolted thickeners for southern African mine
3rd September 2020 Steel fabrication, steel erection and corrosion protection specialist Betterect and engineering, equipment and services solutions company FLSmidth have collaborated to deliver several 45m diameter modular bolted thickeners for an undisclosed mining project in southern Africa. Natasha Odendaal... →
Libstar grows interim revenue despite supply chain, consumer demand challenges
By: Marleny Arnoldi 2nd September 2020 JSE-listed fast-moving consumer goods holding company Libstar has delivered robust interim results, with revenue increases reported for household and personal care products, as well as some food categories, despite Covid-19 impacts. Libstar recorded a 1.9% year-on-year growth in group revenue... →
Emira’s US portfolio helps offset lockdown impacts locally
By: Marleny Arnoldi 31st August 2020 JSE-listed Emira Property Fund has declared a final dividend of 30.26c apiece, taking its dividend for the full-year ended June 30 to 104.36c apiece. The company declared a dividend of 151.34c apiece in the 2019 financial year, reflecting a 31%, or 46.98c apiece, year-on-year decrease in this... →
On-The-Air (28/08/2020)
By: Martin Creamer 28th August 2020 South Africa has the good fortune of being blessed with what the world is hailing as the ‘rock star’ metals of the moment; Anglo American Platinum has been able to give communities R2-billion thanks to soaring platinum group metal prices; and The earnings from South Africa’s biggest... →
Coal to remain relevant despite growing shift to renewable energy, says consultancy
By: Simone Liedtke 28th August 2020 The use of coal is enabling the energy transition, owing to its provision of a basis for the economy to develop, drive wealth and enable economic progress, which then, in turn, creates and enables the funds for stronger and further investment into renewable energy, says Boston Consulting Group MD... →
Deliberate action required to encourage transformation
By: Simone Liedtke 28th August 2020 Deliberate action in pursuit of transformation will continue to play a huge role in attracting more women to the local construction sector, says diversified infrastructure and services construction company Concor Construction business development and stakeholder engagement executive Fezeka... →
Support, mentoring key in driving transformation
By: Simone Liedtke 28th August 2020 Women will need to support and mentor other women in the construction industry as part of reshaping the mindset that the industry is male-dominated, says building materials company AfriSam mineral resource manager Niraksha Singh. “This is necessary, considering that legacy issues and societal... →
Redflank launches BeyondCOVID initiative to build business resilience
By: Tasneem Bulbulia 27th August 2020 Specialist management company Redflank on August 27 launched the BeyondCOVID initiative, which aims to help businesses in the country "embrace solidarity and survive the impact of Covid-19", by shaping their responses to challenges and opportunities presented by the pandemic and setting them up... →
DMRE starts procurement process for 2 000 MW of electricity capacity
27th August 2020 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the process initiated by the Department of Mineral Resources and Energy to procure 2 000 MW of electricity capacity to fill an emergency supply gap and what this process says about the how the department... →
Bidcorp revenue declines as a result of Covid-19 measures
By: Donna Slater 26th August 2020 Food distribution company Bidcorp recorded net revenue of R121.1-billion for the financial year ended June 30, representing a 6.3% decline from the R129.3-billion in revenue reported for the 2019 financial year. Its gross profit margin, however, increased to 24.1%, up from 23.9% in the 2019... →
Initiative launched to stimulate adoption of fast-growing energy management standard by South African firms
By: Terence Creamer 25th August 2020 An initiative is under way to accelerate the adoption by South African industrial firms of the international energy management standard ISO 50001, which is designed to help improve the performance of a company’s energy-intensive assets to support cost savings and emission reductions. Although ISO... →
Redefine lays foundations for future growth as property fundamentals continue to be challenged
By: Simone Liedtke 24th August 2020 Managing risk through a streamlined, more focused offshore asset platform and zoning in resolutely on high-quality, well-located domestic assets have helped real estate investment trust (Reit) Redefine Properties lay the foundations for future growth once Covid-19-related uncertainty and... →
Eskom Transmission head says policy, legislative and regulatory changes needed to facilitate unit’s full independence
By: Terence Creamer 21st August 2020 The head of Eskom’s Transmission division has outlined some of the progress being made to establish an Independent Transmission System Operator (ITSO) but has also warned that full separation will take time and will also require major policy, legislative and regulatory changes. The creation of... →
ARB says financial year ‘will be well remembered’ for Covid-19, other challenges
By: Simone Liedtke 21st August 2020 JSE-listed investment and property holding company ARB Holdings says sluggish economic growth and the collapse in business confidence became a “secondary concern” this year, as regulations and national lockdown restrictions were implemented to halt the spread of Covid-19. ARB owns investments in... →
On-The-Air (21/08/2020)
By: Yolande Botes 21st August 2020 Africa’s most successful gold explorer this week hailed the ANC’s encouragement of exploration in South Africa; Getting the best out of South African mining starts with policy certainty, a top but retiring gold miner said this week; and Africa’s huge Electra Mining Africa show will go digital... →
Reliable infrastructure needed to meet fibre demand
By: Halima Frost 21st August 2020 With physical distancing encouraged amid Covid-19, the need for reliable fibre connectivity and infrastructure has increased, says open access network provider Dark Fibre Africa (DFA) strategy, mergers and acquisitions and innovation executive Vino Govender. “We have seen a significant increase... →
Changes on the cards at CEF, Necsa
20th August 2020 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the restructuring and rationalisation plans for the Central Energy Fund group of companies and the South African Nuclear Energy Corporation. →
Experts unpack rising violent extremist attacks in Mozambique
By: Marleny Arnoldi 17th August 2020 The presence of Islamic State of Iraq and the Levant- (ISIL-) affiliated violent extremists in the northern provinces of Mozambique has raised the threat levels for the lives of people in Southern African Development Community (SADC) countries. Although the government of Mozambique only formally... →
On-The-Air (14/08/2020)
By: Martin Creamer 14th August 2020 The high gold price is a help to the struggling South African economy; and a wonderful new proudly South African Covid face mask is attracting world attention. →
Risk of load-shedding could worsen
14th August 2020 Creamer Media's Chanel de Bruyn speaks to Creamer Media Editor Terence Creamer about new analysis published by the Council for Scientific and Industrial Research that shows that load-shedding in 2020 has surpassed that of 2019 and, if urgent action is not taken, South Africa is likely to face... →
On-The-Air (07/08/2020)
By: Martin Creamer 7th August 2020 South Africa’s roads agency is gearing up to spend R30-billion on road development; Gold and platinum companies are flying sky high with free cash gushing into their coffers; and at half the price of gold, platinum is continuing to attract strong investor interest. →
MTN to exit Middle East markets, focus on Africa
By: Natasha Odendaal 6th August 2020 Telecommunications giant MTN is planning to exit its Middle East markets over the medium term as it turns its focus solely to its African markets. The group’s renewed focus on the future of its pan-African strategy forms part of its ongoing portfolio review programme. →
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