R/€ = 17.09 Change: 0.01
R/$ = 14.06 Change: -0.01
Au 1832.18 $/oz Change: 13.28
Pt 1260.00 $/oz Change: 12.72


Sandvik Group to acquire African OEM Kwatani

By: Schalk Burger     7th May 2021 Mining and construction equipment and services company Sandvik Group will acquire African original-equipment manufacturer (OEM) of custom-engineered vibrating equipment Kwatani. The transaction is expected to be finalised in the fourth quarter of this year, subject to regulatory approvals and... 

Company offers engineered solutions for pump systems

By: Marleny Arnoldi     7th May 2021 Specifying pumps for mine water applications is not as simple as it would first appear, and these applications often require a bespoke solution, says original-equipment pumps manufacturer Weir Minerals Africa. Incorrect specification could result in poor performance, excessive operational and... 

New unit designed for efficiency

7th May 2021 Industrial products provider, BMG’s new NORD DuoDrive unit, an integrated geared unit that combines the recently launched NORD IE5+ synchronous motor and a single-stage helical gear unit in one compact housing, has been designed for optimum system efficiency.  

Tribunal approves Premier's buyout of Mister Sweet, with conditions

By: Schalk Burger     6th May 2021 The Competition Tribunal has approved the acquisition by consumer goods manufacturer Premier of confectionery manufacturer Mister Sweet with the condition that it fill vacated nonexecutive roles with the 19 employees facing retrenchment. The merger parties had previously agreed to a moratorium on... 

Prevailing low capacity use in manufacturing industry a worry for Seifsa

By: Donna Slater     6th May 2021 Persistent low levels of capacity use in the manufacturing sector and low demand for locally manufactured goods are “worrying” trends compounding the prevailing Covid-19 restrictions that are limiting operations at industrial plants, says the Steel and Engineering Industries Federation of... 

Massmart opens new distribution centre in Brackenfell

By: Marleny Arnoldi     6th May 2021 Consumer goods distributor Massmart has opened its new 53 000 m2 distribution centre (DC) in the Brackengate 2 precinct, in Brackenfell, Cape Town. Construction on the centre started in October 2019.  

TOWER acquires Sandart to take leading SA products to the world

6th May 2021 Leading office stationery supplier TOWER, acquired local business Sandart on 1 April 2021 in a strategic move to diversify their home product portfolio and take a local niche product to all four corners of the globe.  “TOWER is a proudly South African manufacturer, passionate about creating jobs,... 

DFS confirms feasibility of expanding AfriTin’s Uis Phase 1

By: Tasneem Bulbulia     4th May 2021 The definitive feasibility study (DFS) for the expansion of the Phase 1 mining and processing facility and the accompanying ore reserve estimate for the V1 and V2 pegmatites at Aim-listed AfriTin’s Uis tin mine, in Namibia, has confirmed the feasibility of expanding the current Phase 1 processing... 

South African, African space industries set for large-scale growth – Sansa 

By: Donna Slater     3rd May 2021 The South African National Space Agency (Sansa) is set to grow by 100 times over what it is normally used to over the next two years as Africa expands its “Space Agenda” and space ambitions, Sansa CEO Dr Val Munsami has said. He gave the keynote address at the 2021 SpaceOps Conference, which... 

Standard Bank partners with MIT on innovative housing and food project in Namibia

3rd May 2021 Standard Bank Group, the Massachusetts Institute of Technology's (MIT’s) Center for Bits and Atoms, and US-based architecture firm redhouse studio have partnered on an innovative social upliftment project in Namibia that uses fungal material from mushrooms to develop housing and food products.... 

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