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City commits to changing red tape into red carpet for business community

By: Marleny Arnoldi     11th June 2019 City of Joburg executive mayor Herman Mashaba’s Inner City Rejuvenation Programme (ICRP) has, to date, awarded tenders for 24 developments, spanning 81 properties and pieces of land. These developments are expected to create 11 000 direct jobs and will comprise around 6 500 one- and two-bedroom... 

Bushveld Energy partners with US company on vanadium electrolyte rental product

By: Tasneem Bulbulia     10th June 2019 Aim-listed Bushveld Minerals’ 84%-owned Bushveld Energy subsidiary has enabled the successful deployment of a vanadium electrolyte rental product in industrial-scale batteries developed and sold by Avalon Battery Corporation of Fremont, California. Bushveld Energy and Avalon worked together to... 

Fast delivery of boilers averts shutdown

7th June 2019 Boiler manufacturer and distributor Nationwide Boiler Incorporated based in California, in the US announced the fast-track emergency delivery of two large package watertube boilers. The supply to a pulp and paper facility in the Pacific Northwest took seven days in which time the boilers – which... 

Sars lifts tax return threshold from R350 000 to R500 000  

By: News24Wire      4th June 2019 The South African Revenue Service announced on Tuesday that it has lifted the tax return threshold from R350 000 to R500 000. This means that people who earn less than R500 000 per year, and meet certain other criteria, will not need to file tax returns, commissioner Edward Kieswetter said at a... 

Vukile records above-market full-year performance

By: Tasneem Bulbulia     29th May 2019 Vukile Property Fund achieved 7.5% growth in dividends to 181.48c a share for the financial year ended March 31, boasting a strong, above-market performance in a “tough” year. At a briefing on its results, on Monday, CEO Laurence Rapp said the year had been characterised by difficult... 

Integrated Pump Rental

24th May 2019 Integrated Pump Rental is a specialist pump rental organisation that caters to the needs of all sectors, including mining, quarrying, construction, wastewater, energy and general industry across Africa. The company has the agility to offer cus­tomers quick and easy access to a comprehen­sive... 

Chicago Pneumatic showcases generator fitness at Botswana MTEs

21st May 2019 Chicago Pneumatic is passionately powering a drive to expand its presence and brand awareness across Southern Africa. A key platform which has proven to greatly assist the company to achieve these goals is the Mining & Technical Exhibition (MTE), at which the high-performance tools and equipment... 

Buoyed by mining recovery, Barloworld looks to Mongolia for growth 

By: Irma Venter     20th May 2019 Barloworld’s results on Monday reflected some of the biggest trends in the South African economy, with the company reporting a sharp drop in equipment sales to the troubled construction industry, as well as a decline in new-vehicle sales and car rental days, but with the mining industry seemingly... 

Chicago Pneumatic showcases generator fitness at Botswana MTEs

20th May 2019 Chicago Pneumatic is passionately powering a drive to expand its presence and brand awareness across Southern Africa. A key platform which has proven to greatly assist the company to achieve these goals is the Mining & Technical Exhibition (MTE), at which the high-performance tools and equipment... 

Jozi Power buys back shares from G5

By: Creamer Media Reporter      20th May 2019 Jozi Power, the mining power station and transformer rental specialist, bought back the entire 29% stake held by its largest shareholder, a subsidiary of Group Five, currently in business rescue. Jozi Power operates power stations for mines in Africa. It is currently active at mines in Sierra... 

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