R/€ = 17.21 Change: -0.03
R/$ = 14.60 Change: 0.00
Au 1765.40 $/oz Change: -20.82
Pt 952.00 $/oz Change: 3.90


BI launches new Rexnord RN series for demanding applications

14th September 2021 The latest bearing solution for the most arduous and demanding industries is being launched by leading supplier Bearings International. The new Rexnord RN series of metric bearings offers cutting-edge design with unmatched ease of use, performance and durability. As a drop-in replacement for... 

Stellenbosch University and Imperial collaborate on real-world healthcare and climate change challenges

14th September 2021 Stellenbosch University (SU) has embarked on a high-level collaboration with JSE-listed Imperial Logistics (Imperial) to address real-world problems related to healthcare, as well as climate change in Africa. The University recently signed a memorandum of understanding (MoU) with Imperial to... 

Aluminum powers toward $3 000 as supply snarl supercharges rally

By: Bloomberg     13th September 2021 Aluminum powered toward $3 000 a ton amid expectations that supply disruptions are here to stay, while demand keeps rising. The metal notched yet another 13-year high on Monday after rising 15% over the last three weeks. Chinese output is down amid drives to reduce emissions and conserve power,... 

National collaboration essential to win share of green hydrogen market, say debaters  

By: Martin Creamer     13th September 2021 South Africa’s early mover advantage in green hydrogen would fade and become ineffective over time without a collaborative, collective and holistic national approach that assures the export of green hydrogen over and above its domestic use. That was the strong message that came across in the... 

Coal-fired plant achieves five years of supply

10th September 2021 Zambia’s largest coal-fired thermal power plant, owned by coal mining company Maamba Collieries Limited (MCL) and located in the Sinazongwe district, in the Southern province, last month celebrated five years since its commissioning and start of supply to the national grid.  

Supply chain solutions provider fills industry gaps

By: Theresa Bhowan     10th September 2021 The current challenge facing the freight, logistics and warehousing industry is that companies do not provide a full service offering and offer only one service, such as transport, in the supply chain, says supply chain solutions provider Unitrans. “By identifying this challenge in the industry,... 

Business confidence down, but not out, RMB/BER index shows

By: Simone Liedtke     8th September 2021 After surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter, taking it back into net negative terrain, where the number of respondents unsatisfied with prevailing business conditions outnumber those that are satisfied.... 

Afrimat’s acquisition of Gravenhage assets gets Competition Commission’s green light

By: Donna Slater     3rd September 2021 The Competition Commission has unconditionally approved a proposed merger in which manganese miner Afrimat Manganese intends to acquire certain assets from Thabazimbi Joint Venture’s (TJV’s) Gravenhage manganese project. The assets include Gravenhage’s manganese mining right, immovable property,... 

Acquisition improves manufacturing capability, export ability

By: Cameron Mackay     3rd September 2021 Industrial equipment supplier Fabchem Mining entered into a written agreement to acquire original-equipment manufacturer (OEM) VULA Drilling last month. Fabchem will complete the acquisition once all conditions are fulfilled. Fabchem Mining manufactures, distributes and supplies underground... 

Quality cement paves way brighter economic future

30th August 2021 By ensuring that a high quality of cement is used in infrastructure, South Africa is investing for a stronger future, according to Richard Tomes, sales and marketing executive at construction materials leader AfriSam. “With our history going back 87 years, AfriSam has sustained a significant... 

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