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'Let us forge a compact for growth and economic opportunities'

By: Reuters     26th May 2019 Trade unionist-turned-businessman Cyril Ramaphosa was sworn in as South Africa’s president on Saturday, vowing to create jobs and tackle deep-rooted corruption that has strangled economic growth. Ramaphosa, who becomes the country’s fourth democratically elected president since the end of... 

Walkabout fast-tracks Tanzania project

By: Tasneem Bulbulia     24th May 2019 Graphite developer Walkabout Resources has started an integrated “early start” programme for the procurement, manufacturing and site works for the Lindi Jumbo project, in Tanzania. The “early start” programme is aimed at fast-tracking the project to production to allow the company to capitalise... 

Muted Chinese stainless steel production, trade dispute results in nickel price dip

By: Marleny Arnoldi     24th May 2019 Fitch Solutions Macro Research has revised its nickel price forecast for this year down to $13 250/t, compared with its previous forecast of $14 500/t, as prices have headed lower in recent weeks. The nickel price has dropped by 9% to $12 010/t in mid-May, compared with $13 100 in mid-April.  

New strategy, new structure for the CSIR

By: Rebecca Campbell     24th May 2019 Council for Scientific and Industrial Research (CSIR) CEO Dr Thulani Dlamini announced on Friday both a new strategy and a radical restructuring of South Africa's world-renowned science council. The aim of the new strategy and structure is to strengthen the industrial research activities of the... 

Embattled sector necessitates cost containment measures – AfriSam

By: Simone Liedtke     24th May 2019 With the South African construction industry remaining under pressure and in a state of accelerated decline, the need to contain costs continues and correct specification of construction materials remains critical. Construction materials company AfriSam construction materials executive Avi Bhoora... 

Effective change needed for smooth transition to Industry 4.0

24th May 2019 Moving to an Industry 4.0 environment is key for future success in the industrial and manufacturing sector, but migration to this new world does not have to take place in a disruptive, big bang manner, says toy company Lego elements and moulds VP Jesper Toubol. “South African enterprises are... 

Firm invests heavily in expansion

24th May 2019 In March this year, multinational pharmaceutical, chemical and life sciences company Merck Group announced its plans to invest €150-million over the next four years, at its manufacturing site at Aubonne, in Switzerland, to expand manufacturing capacity for its biotech medicines. The facility... 

New listing approved for pharmaceuticals giant

24th May 2019 Global multinational specialty pharmaceuticals company Aspen Pharmacare Holdings Limited announced that the company has been approved for a secondary listing on stock exchange facilitator A2X Markets with effect from April 1, 2019. “We continually strive to identify ways to increase value for our... 

Company aligns with event to promote industry automation

24th May 2019 Nonprofit organisation Manufacturing Enterprise Solutions Association (MESA) Africa has aligned with Africa Automation Fair for the first time this year, to help drive the next level of industry automation in South Africa. MESA Africa is part of MESA International, a global nonprofit community of... 

Denel announces last phase of offset programme for Malaysia

By: Rebecca Campbell     24th May 2019 South Africa’s State-owned defence industrial group Denel has announced that it has launched its tenth and last offset project for Malaysia, being provided in return for the South East Asian country’s order for armoured vehicle gun turrets and integrated weapons systems for armoured fighting... 

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