R/€ = 16.65 Change: 0.08
R/$ = 15.77 Change: 0.07
Au 1846.66 $/oz Change: 33.27
Pt 958.50 $/oz Change: 30.00


Rand-Air’s proactive training culture supports their customer service value proposition

20th May 2022 Customers in the portable air and power industries across Southern Africa have been relying on Rand-Air as a trusted rental partner for over 49 years. The company’s extensive rental fleet of oil-free and oil-injected air compressors, diesel- and electric-powered screw air compressors, diesel... 

New containerised bulk air cooling solution ideal for African mines

By: Cameron Mackay     20th May 2022 Cooling equipment supplier Industrial Water Cooling (IWC) added a containerised bulk air cooler (BAC) to its range of BACs last month. The coolers keep underground temperatures at an optimum level, ensuring increased productivity and a safer work environment. The company uses robust... 

April bakkie, truck sales slide but more cars sold year-on-year

By: Irma Venter     20th May 2022 New-vehicle sales, although dented by the impact of the recent floods in KwaZulu-Natal, managed to remain in positive territory in April, says Naamsa | The Automotive Business Council. Domestic new-vehicle sales in April increased by 4.3%, to 37 107 units, compared with the same month last year. 

Inclusivity, resiliency focus of South Africa’s tourism sector recovery

By: Natasha Odendaal     19th May 2022 As South Africa rebuilds its Covid-19-devastated tourism sector, focus must be given to the development of an inclusive, resilient and transformed tourism industry and economy. Speaking to media prior to her Budget Vote on Thursday, Tourism Minister Lindiwe Sisulu said that as the Department of... 

Investec Property Fund declares 11% higher dividend for FY22

By: Marleny Arnoldi     18th May 2022 Property firm Investec Property Fund (IPF) has posted a 10.8% increase in distributable income per share (DIPS) of 107.6c for the financial year ended March 31, compared with DIPS of 97.08c in the prior financial year. The company declared a final dividend of 52.46c apiece, adding up to the... 

Dewatering experts grow IPR from rental to custom builds

18th May 2022 The success of IPR is rooted in its evolution from just renting diesel-driven dewatering pumps to designing and manufacturing fit-for-purpose solutions that are reliable and cost effective. According to Lee Vine, managing director of IPR, the traditional approach in the pump rental sector has... 

MIC Khulisani Ventures concludes first allocation with tech companies

By: Tasneem Bulbulia     17th May 2022 The Mineworkers Investment Company’s (MIC’s) Khulisani Ventures has concluded its first allocation of R43.5-million to technology companies Kelo and Rentoza. In July 2021, MIC launched MIC Khulisani Ventures, a R150-million early-stage investment vehicle targeting black-owned innovative,... 

Get the job done efficiently with Atlas Copco’s smart surface dewatering solutions

16th May 2022 Atlas Copco’s innovative surface dewatering pump ranges are defined by high performance, reliability, long lifecycle and ease of use, making them the preferred choice of countless industries that put them to work in multiple applications. The rugged PAS dry self-priming and PAC H high head... 

Battery installation bolsters solar plant efficacy

By: Halima Frost     13th May 2022 Renewable-energy turnkey provider African Clean Energy Solutions (ACES) Renewables is installing two 540 kWh hybrid lithium-ion batteries at a business park near the Eastgate shopping centre, in Gauteng, to ensure energy efficiency amid load-shedding disruptions. The project, which includes the... 

Jungheinrich starts 2022 financial year in line with expectations

12th May 2022 Forecast for 2022 financial year unchanged Business development in first quarter of the 2022 financial year was in line with Jungheinrich’s expectations. Despite challenges in the supply chains and bottlenecks in the supply of materials, incoming orders, revenue and earnings before interest and... 

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