https://www.engineeringnews.co.za

Follow @EngNewsZA

Advertise on this page? Click Here to Learn More

State Companies News

South African Express says that it is turning itself around

By: Rebecca Campbell 14th June 2019 South African State-owned regional airline SA Express (SAX) affirmed on Friday that it was making substantial progress in its turnaround programme. It has also been taking action against employees found to have been engaged in wrongdoing. All those employees who have been charged with offences,... →

Unions agree to give SAA one week to deal with their demands on Jarana

By: African News Agency 14th June 2019 Workers unions at the South African Airways said on Friday the State-owned airline has requested one week to deal with their demands of reinstating Vuyani Jarana as group chief executive and a complete overhaul of the board. This as the National Union of Metalworkers of South Africa and the South... →

Photo by Creamer Media
Former SAA CEO Vuyani Jarana

DTI forges ahead with product standardisation task

By: Mamaili Mamaila 14th June 2019 Following Mining Charter III’s call to the Department of Trade and Industry (DTI) to develop a “Standardised Coding and Product Identification System in the Mining Supply Chain” whereby products can be identified using a unique name and code, the department has established a multistakeholder... →

INDUSTRY GROWTH The DTI looks forward to exchanging lessons and experiences to unpack challenges and identify solutions for growth across the manufacturing sector

South Africans urged to remain mindful of the bigger picture amid economic downturn

By: Simone Liedtke 13th June 2019 Even though South Africa is considered “a country of deficits”, Efficient Group chief economist Dawie Roodt on Thursday encouraged South African businesses and private persons to continue monitoring the country’s economic situation. An economy, he said, was “a gradual process” and would not come... →

Photo by Creamer Media's Dylan Slater
Efficient Group chief economist Dawie Roodt

Sakeliga to further investigate Eskom BEE matter

By: Marleny Arnoldi 13th June 2019 Business organisation Sakeliga has instructed its legal team to evaluate a recommendation by the Broad-Based Black Economic Empowerment (BBBEE) Commission that State-owned power utility Eskom cancel a R4-billion contract awarded to Dongfang Electric Corporation. The commission on Wednesday said... →

Necsa board states agency has dire finances

By: Rebecca Campbell 13th June 2019 The South African Nuclear Energy Corporation (Necsa) issued on Thursday a curt response to the press release issued the day before by the National Education, Health and Allied Workers Union. In its statement, the union alleged that the Necsa board was proposing to retrench 400 employees and... →

Necsa logo

SAA, Eskom faced with leadership challenge

13th June 2019 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the leadership and financial challenges facing South African Airways and Eskom and what decisions will have to be made by government soon to assist these entities. →

SAA, Eskom faced with leadership challenge

Union attacks Necsa board, claiming retrenchments and privatisations planned

By: Rebecca Campbell 12th June 2019 The National Education, Health and Allied Workers Union (Nehawu) asserted on Wednesday that it had “reliably learnt” that the South African Nuclear Energy Corporation’s (Necsa’s) board was proposing to retrench 400 employees and perhaps sell public assets. These proposals were part of a... →

Photo by Duane Daws/Creamer Media
An aerial view of Necsa’s Pelindaba complex, west of Pretoria/Tshwane

Commission finds Eskom failed to comply with BBBEE Act

By: Simone Liedtke 12th June 2019 The Broad-Based Black Economic Empowerment (BBBEE) Commission has found that State-owned Eskom failed to comply with the BBBEE Act in awarding a tender for the Duvha power station to a Chinese-owned entity. The tender was awarded to Dongfang Electric Corporation, an entity with 0% black ownership... →

Unions demand reinstatement of former CEO of SAA and purge of its board

By: Rebecca Campbell 11th June 2019 The National Union of Metalworkers of South Africa and the South African Cabin Crew Association jointly presented a memorandum to beleaguered State-owned national flag carrier South African Airways (SAA) on Tuesday. The memorandum contained a number of demands. “Should our demands not be met, we... →

Numsa to picket at major airports on Tuesday over 'myriad' issues

By: African News Agency 11th June 2019 The National Union of Metalworkers of South Africa (NUMSA) said on Monday that it would be picketing with the South African Cabin Crew Association (SACCA) at all the country’s major airports on Tuesday. The protests involved "myriad" issues at South African Airways (SAA) and SAA Technical, said... →

BLSA appalled by threats to SARB independence

By: Thabi Madiba 10th June 2019 Business Leadership South Africa on Monday said it condemned what it called “deliberate attempts” to undermine the South African Reserve Bank’s legitimacy and called out the African National Congress for threatening to collapse the country’s economy. BLSA said in a statement that the ANC seemed... →

SAA board says another shareholder injection needed to see through turnaround plan

By: Terence Creamer 7th June 2019 The board at embattled national carrier South African Airways confirmed on Friday that further direct government support would be required to help it over overcome its current liquidity crisis, as well as to enable it to complete the implementation of its long-term turnaround strategy. At a... →

Photo by Reuters
Acting SAA CEO Zukisa Ramasia

SARB feud left 'deep tear' in SA's credibility, and rand will bear the brunt – analyst

By: News24Wire 7th June 2019 President Cyril Ramaphosa should be very concerned that his own reassurances regarding the South African Reserve Bank mandate was met with apparent skepticism by the currency markets, political analyst Daniel Silke said on Friday. "What is really troubling for Ramaphosa today - other than the... →

SAA announces new acting CEO

By: News24Wire 7th June 2019 South African Airways announced on Friday that it has appointed Zuks Ramasia as its acting CEO while it looks for a permanent replacement. Ramasia was previously general manager: operations. A briefing was held to provide an update on the state of the national carrier following the resignation of... →

CSIR's new strategy aims to tap into private-sector prospects

By: Rebecca Campbell 7th June 2019 Council for Scientific and Industrial Research (CSIR) CEO Dr Thulani Dlamini has announced both a new strategy and a radical restructuring of South Africa's world-renowned science council. The aim of the new strategy and structure was to strengthen the industrial research activities of the... →

Eskom may be ‘too big to support’, S&P warns

By: Terence Creamer 6th June 2019 S&P Global Ratings has warned that, while South Africa’s State-owned electricity utility Eskom is currently considered too big to fail, it may well also be “too big to support”, owing to the costs associated with stabilising the group’s finances. Speaking during a webcast on Thursday, sovereign... →

Ramaphosa meets State firm chiefs after resignations

By: Reuters 6th June 2019 President Cyril Ramaphosa held talks on Wednesday with executives of key state companies, including power utility Eskom and South African Airways, to discuss challenges they face, his office said. The meeting follows resignations of Eskom and SAA chief executives, moves that investors said could... →

President Cyril Ramaphosa

Southern Palace-led consortium named preferred bidder for R2.5bn Tambo Springs container terminal

By: Terence Creamer 5th June 2019 State-owned freight logistics utility Transnet has named a consortium led by black-empowerment group Southern Palace as the preferred bidder for a 20-year concession to build and operate a new R2.5-billion inland container terminal in southern Gauteng. The public–private partnership, dubbed the... →

Free Market Foundation seeks to ascertain financial condition of State-owned airlines

By: Rebecca Campbell 5th June 2019 The Free Market Foundation (FMF) announced on Wednesday that it is seeking information on the financial situations of both State-owned airlines, South African Airways (SAA) and SA Express (SAX), by means of Promotion of Access to Information Act applications. This follows the resignation of SAA... →

Photo by Duane Daws/Creamer Media
An Airbus A330 of SAA

Unions threaten strike over SAA CEO's resignation

By: African News Agency 5th June 2019 The National Union of Metalworkers of South Africa and the South African Cabin Crew Association have said their members' jobs and the future of struggling national carrier SAA are at stake after the resignation of CEO Vuyani Jarana, threatening a possible strike if he is not reinstated. Jarana... →

ANC says ten sectors to be prioritised under ‘re-imagined industrial strategy’

By: Terence Creamer 4th June 2019 The African National Congress (ANC) has unveiled what it describes as a “re-imagined industrial strategy” as part of a broader five-year programme of action agreed at the party’s three-day lekgotla, which concluded in Gauteng on Tuesday. In a statement released following the gathering, the ANC... →

TNPA adds new survey craft to its dredging services fleet

By: Simone Liedtke 4th June 2019 The Transnet National Ports Authority (TNPA) has taken delivery of a new survey craft, the SS Sonar. It is the latest acquisition by TNPA’s dredging services division as part of its ongoing fleet replacement programme. →

The SS Sonar

Sars lifts tax return threshold from R350 000 to R500 000

By: News24Wire 4th June 2019 The South African Revenue Service announced on Tuesday that it has lifted the tax return threshold from R350 000 to R500 000. This means that people who earn less than R500 000 per year, and meet certain other criteria, will not need to file tax returns, commissioner Edward Kieswetter said at a... →

Photo by Creamer Media's Dylan Slater
Sars Commissioner Edward Kieswetter

Departures at State firms could drag out Ramaphosa's reforms

By: Reuters 4th June 2019 President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways, could take longer than planned after their chief executives quit within a week of each other. Investors say the CEOs' resignations could slow the... →

President Cyril Ramaphosa

Three things to learn from Jarana's exit as CEO of SAA

By: Bloomberg 4th June 2019 South African Airways’ (SAA's) prospects of surviving in its current form took a hit over the weekend when news broke that CEO Vuyani Jarana quit over a lack of government support. The National Treasury isn’t committing to an agreement to put R21.7-billion toward the State-owned carrier’s 2021... →

Organisations call for strong leadership at SAA following CEO’s resignation

By: Tasneem Bulbulia 3rd June 2019 The South African Airways Pilots Association (Saapa) has expressed concern about reports that outgoing South African Airways (SAA) CEO Vuyani Jarana’s turnaround plan had been “sabotaged internally and externally”. “In the end, the CEO was hobbled by inflexible and restrictive government policy,... →

Jarana’s resignation a sign SAA is almost irredeemable – Outa

By: News24Wire 3rd June 2019 The Organisation Undoing Tax Abuse has responded to South African Airways group CEO Vuyani Jarana’s resignation, saying it is a sign that the national carrier cannot be saved as long as it is wholly State-owned. SAA confirmed Jarana’s resignation on Sunday evening, adding that his four-page... →

Photo by Creamer Media
SAA Group CEO Vuyani Jarana

Mbalula wants urgent probe into Pretoria Metrorail and Transnet tamping machine crash

By: African News Agency 3rd June 2019 Transport Minister Fikile Mbalula has instructed the Railway Safety Regulator (RSR) to prioritise its investigation into the crash involving a Transnet tamping machine carrying out railway track maintenance and a new Metrorail train at Eerste Fabrieke Station in Mamelodi in Pretoria, injuring at... →

SAA's Jarana quits over lack of State support

By: Bloomberg 3rd June 2019 South African Airways (SAA) CEO Vuyani Jarana quit the financially stricken State-owned company, citing a lack of funding and drop in government support for the carrier’s turnaround plan. The former Vodacom Group executive was brought in about 18 months ago to lead a recovery at the airline,... →

Photo by Reuters
Vuyani Jarana

IHHA conference to ‘better equip’ Transnet to take advantage of global knowledge, technology

By: Simone Liedtke 31st May 2019 As it keeps the Fourth Industrial Revolution (4IR) in mind, Transnet Freight Rail (TFR) is hopeful that the upcoming International Heavy Haul Association (IHHA) conference will provide the State-owned entity with an opportunity to not just showcase South African capabilities and potential to the... →

R1.25bn relocation costs for Transnet train tender 'unjustifiable', inquiry hears

By: News24Wire 31st May 2019 Two transportation companies contracted to build billions of rands' worth of locomotives for Transnet had "no justification" for hiking costs by R1.25-billion as a relocation fee, the State capture commission heard on Friday. The commission of inquiry has been investigating allegations of state... →

Rand Water to cut water supply to two municipalities over unsettled debt

By: News24Wire 31st May 2019 Two municipalities in Mpumalanga that breached their contracts to pay bills owing to Rand Water will have their water cut down to a trickle. This will be the second time in six months that residents of the Govan Mbeki municipality, which serves towns like Secunda, Bethal, Embalenhle and... →

Companies collaborate for maintenance work at petrochem provider

By: Mamaili Mamaila 31st May 2019 Industrial rope-access company Skyriders Access Specialists collaborated with engineering consultants SSA Acoustic and Specialised Inspections to conduct maintenance work at one of South Africa’s leading petrochemical manufacturers. →

Sector shows decline despite strong market growth

By: Mamaili Mamaila 31st May 2019 Although the local chemicals sector has recently been characterised by strong market growth, it has shown a consistently weak performance, with its contribution to total manufacturing output having declined significantly over the past ten years, says the Department of Trade and Industry (DTI)... →

Photo by Bloomberg
RAW MATERIALS Domestic chemical firms face multiple challenges such as access to appropriately priced feedstock, as well as large volumes of raw chemical materials that continue to be imported and are subject to exchange rate fluctuations

TNPA obtains court interdict against planned Satawu strike

By: Simone Liedtke 30th May 2019 The Transnet National Ports Authority (TNPA) was, on Wednesday afternoon, granted a court interdict against a planned strike by mariners who are members of the South African Transport and Allied Workers Union (Satawu). Satawu on Tuesday announced that its members, including pilots who move the... →

Gordhan poised to return to Cabinet after Mkhwebane findings

By: News24Wire 29th May 2019 Pravin Gordhan seems poised to resume his Cabinet position as public enterprises minister, after filing a review application in the Gauteng High Court in Pretoria on Tuesday seeking to set aside a report by the Public Protector which found he violated the Constitution. This, despite an onslaught... →

Public Enterprises Minister Pravin Gordhan

Latest News

Salga appoints new president

Mergence’s investment in Namibian solar plant signals further localisation

AMIE calls on government to lead formulation of a national poultry strategy

Reviving South Africa’s economy requires active involvement by all citizens – Neasa

South African Express says that it is turning itself around

Naamsa seeks quick end to wage negotiations in auto sector

Good news for SA motorists! Huge 91c fuel price drop – AA

Atterbury’s Western Cape office relocated to Stellenbosch heritage building

AST declares maiden quartz resource, celebrates with inaugural blast

Airbus signs amended contract with launch customers for A400M airlifter

Fortress joins programme to help emerging property businesses grow

Growthpoint’s Oxford road development to be completed by October

Unions agree to give SAA one week to deal with their demands on Jarana

Oil set for weekly drop as tanker attacks can't dispel trade woes

Commission approves M&R's buyout of Opti Power Projects

more

Latest Videos

Industrial development funding mix can improve success

Aviation manufacturing can be showcase for industrial stimulation

Air Products, Jeka highlight benefits of solar rooftop installations

Heavy Haul Game Changer

Renergen dual listing to provide benefit of Australian research, understanding

Commemorative coin series launched to celebrate South Africa’s 25 years of democracy

New coatings range launched in S Africa

Africa crash test results revealed for Avanza, Amaze and Ignis

more

Projects

Trans-European Transport Network – Orient/East-Med Corridor

Chernobyl nuclear reactor 4 new safe confinement structure project, Ukraine

Plaquemines liquefied natural gas and Gator Express pipeline project, US

more

Topics In These Articles

Parks Tau Thembisile Nkadimeng Cyril Ramaphosa Gerhard Papenfus Tryphosa Ramano Adam Vos Zuks Ramasia Fatih Birol Infrastructure Ace Magashule Lesetja Kganyago Abiel Mohlahlo Yusuf Timol Zukiswa Kimani Hamilton Mourão Juan Guaidó Nicolás Maduro Xi Jinping Ebrahim Patel Eric Bruggeman Michael Ade Philippa Rodseth Dawie Roodt Dirk Kunz Lindani Mukhufwani Hamad Buamim Ettienne Le Roux Piet Le Roux Peter Van Den Steen Marius Hugo ... more

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

More

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Subscribe