R/€ = 18.13 Change: -0.03
R/$ = 15.07 Change: -0.07
Au 1728.57 $/oz Change: -20.07
Pt 1188.50 $/oz Change: -31.50


Rolls-Royce marine AI technology project receives UK funding

By: Rebecca Campbell     26th February 2021 The British Ministry of Defence (MOD) has granted funding to UK-based global major industrial technology group Rolls-Royce to further develop the company’s Artificial Chief Engineer technology. This is an autonomous ship machinery control system, intended to permit naval vessels to carry out... 

Sapa applies for anti-dumping duty against Brazil, four EU countries  

By: Marleny Arnoldi     22nd February 2021 The South African Poultry Association (Sapa) has applied to the International Trade Administration Commission of South Africa (Itac) for anti-dumping duties on chicken imported from Brazil, Denmark, Ireland, Poland and Spain. Sapa broiler GM Izaak Breitenbach says the association has proof that... 

Denel is in a deep crisis, parliamentary committee told 

By: Rebecca Campbell     19th February 2021 Parliament’s Select Committee on Public Enterprises and Communication has been briefed by Public Enterprises Deputy Minister Phumulo Masualle and Denel acting CEO Talib Sadik about the State-owned defence industrial group’s financial and legal problems. They told the parliamentarians that Denel... 

Lighting energy saving app developed to save costs

By: Donna Slater     8th February 2021 The South African German Energy Programme (Sagen), implemented by the German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the South African National Energy Development Institute (SANEDI) have launched a new application (app) to improve investment decisions... 

Tribunal fines fire control companies for cartel conduct

By: Tasneem Bulbulia     3rd February 2021 The Competition Tribunal has found two fire control firms guilty of fixing prices, dividing markets and tendering collusively in the market for supplying, installing and maintaining fire control and protection systems. Cross Fire Management has been ordered to pay an administrative penalty, or... 

Denel increasing its focus on exports 

By: Rebecca Campbell     1st February 2021 During the 2019/2020 financial year, exports accounted for 42% of Denel’s business, with Asia being the single biggest export market, taking 24% of the South African State-owned defence industrial group’s business. Perhaps surprisingly, Europe and North America came in joint second place, with 5%... 

Success of programme to interest Singaporean Girl Guides in STEM celebrated

By: Rebecca Campbell     29th January 2021 A joint initiative, between UK-based global major aerospace and defence group BAE Systems and Girl Guides Singapore, launched in 2019, has resulted in nearly 800 Singaporean girls undertaking engineering challenges and earning a 'She Solves' badge. The purpose of the initiative is to encourage... 

Thales' challenge to racketeering charge it faces with Zuma dismissed - paving way for trial to start  

By: News24Wire      22nd January 2021 The KwaZulu-Natal High Court in Pietermaritzburg has dismissed with costs French arms company Thales' bid to challenge the racketeering charge it faces along with former president Jacob Zuma. The case brought by Thales, which is being represented by Oscar Pistorius' former defence advocate Barry... 

Cyberattacks using supply chains expected to increase in 2021, warns McAfee

By: Schalk Burger     15th January 2021 The December 2020 Sunburst campaign revealed the supply chain as a new attack vector that will continue to be exploited, says cybersecurity multinational McAfee senior VP and chief technology officer Steve Grobman. Sunburst exploited the SolarWinds Orion information technology (IT) monitoring and... 

Canada unveils hydrogen strategy to kick-start clean fuel industry

By: Reuters     17th December 2020 Canada has unveiled its long-discussed hydrogen strategy, calling on investors to spur growth in a clean fuel sector that the government says could be worth C$50-billion, create 350,000 jobs and help the country achieve net-zero emissions by 2050. Natural Resources Minister Seamus O’Regan said... 

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