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Gigaba expected to share details of amendments to visa regulations

By: News24Wire      Updated 3 hours ago Home Affairs Minister Malusi Gigaba is expected to share more details of government's amendments to the visa regulations on Tuesday in Pretoria. This follows an announcement by President Cyril Ramaphosa on Friday on changes to the visa regime as part of the economic stimulus and recovery plan.... 

Gigaba expected to share details of amendments to visa regulations
Photo by Reuters
Home Affairs Minister Malusi Gigaba

Government announces memorial and funeral service dates for late Edna Molewa

By: News24Wire      Updated 3 hours ago Government has announced the dates for the official memorial and funeral services of late Environmental Affairs Minister Edna Molewa. Molewa passed away on Saturday, at the age of 61. Her official memorial service will take place in Pretoria on Wednesday, government announced on Monday night.... 

Government announces memorial and funeral service dates for late Edna Molewa
Photo by Creamer Media
The late Environmental Affairs Minister Edna Molewa

PRASA 'indefinitely' suspends trains in KZN

By: News24Wire      Updated 3 hours ago There will be no trains in the entire province of KwaZulu-Natal on Tuesday, the Passenger Rail Agency of South Africa (PRASA) confirmed to News24 on Monday evening. PRASA provincial spokesperson Zama Nomnganga said they have indefinitely suspended all their operations in KZN. "Yes, we have done... 

Ramaphosa aims to crowd in private resources for infrastructure fund

By: Terence Creamer     21st September 2018 President Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints. In unveiling the plan during a briefing at the Union Buildings in Pretoria on... 

Ramaphosa aims to crowd in private resources for infrastructure fund
Photo by GCIS
President Cyril Ramaphosa

South African investment mission to Japan 'successful', says acting Invest SA head

By: African News Agency      24th September 2018 Many Japanese companies are keen to invest in South Africa and others are interested in expanding their investments, Invest South Africa acting head Yunus Hoosen said on Sunday. . In a statement after returning from an investment mission by the trade and industry department (DTI), together with... 

Parliament's Environmental Affairs committee pays tribute to late Minister Edna Molewa

By: African News Agency      24th September 2018 Parliament's environmental affairs portfolio committee has joined others in paying tribute to environmental affairs minister Edna Molewa, who died at the age of 61 in a Pretoria hospital on Saturday after a short illness.  "The committee is saddened by the passing of the minister, as she has... 

Selling off assets won't save SAA, says DA

By: African News Agency      24th September 2018 Reported plans to sell off certain assets will not save the South African Airways (SAA) and the airline needs to be put into business rescue, the Democratic Alliance said on Sunday. The DA was not surprised by media reports on Sunday that SAA was contemplating selling off assets as a result of... 

Gordhan: Stimulus plan all about implementation

By: News24Wire      21st September 2018 President Cyril Ramaphosa's newly-announced economic stimulus package has a specific focus on implementation, say economic cluster ministers Pravin Gordhan and Ebrahim Patel. Ramaphosa on Friday morning announced a raft of measures in an effort to reignite growth, restore investor confidence,... 

 Gordhan: Stimulus plan all about implementation
Photo by Dylan Slater
Public Enterprises Minister Pravin Gordhan

Saab suggests capability upgrade for SAAF Gripens

By: Rebecca Campbell     21st September 2018 Swedish aerospace and defence group Saab has proposed to the South African Air Force (SAAF) than it adopt the latest incremental update developed for the JAS39C and JAS39D Gripen fighter. The update is designated MS 20. "The Gripen was developed with the concept of continuous upgrades – small... 

The UK reaffirms wish to strengthen partnerships with South African defence industry

By: Rebecca Campbell     21st September 2018 Britain was committed to further developing and strengthening partnerships with South Africa in the defence and security sectors, and not least with the South African defence industry. "The Prime Minister's [Theresa May's] recent visit here highlighted the importance the UK places on its defence... 

Air traffic control undergoing a digital revolution

By: Rebecca Campbell     21st September 2018 The dramatic advances in information and communications technology, electro-optical technologies and digitalisation have enabled a revolution to take place in terms of airport air (and ground) traffic control. This was highlighted in a briefing at the Africa Aerospace and Defence 2018 exhibition... 

Air traffic control undergoing a digital revolution
Photo by Dylan Slater
Saab VP: Civil Security Middle East and North Africa region David Schomar

Pilot programme seeks to align artisan training with industry needs

By: Schalk Burger     21st September 2018 The Centres of Specialisation pilot programme has been launched by the Department of Higher Education and Training (DHET) to develop a focused and industry-led apprenticeship structure for 13 priority trades needed for infrastructure development. The objective is to test the effectiveness of... 

Pilot programme seeks to align artisan training with industry needs

Africa’s metals, engineering cluster needs to do more to attract investment 

By: Marleny Arnoldi     21st September 2018 Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade has declared Africa’s metals and engineering sector open for business. Ade was addressing delegates on the second day of Seifsa’s fourth annual Metals and Engineering Indaba, in Johannesburg. 

Seifsa chief economist Dr Michael Ade talks about the need for South Africa's metals and engineering sector to increase its exports throughout Africa, while IFC senior investment officer Paul Mukasa discusses financing in Africa. Video and editing: Darlene Creamer.

Recycled PET use held back by collection rates

By: Schalk Burger     21st September 2018 Beverage multinational subsidiary Coca-Cola Bottling South Africa (CCBSA) uses 10% recycled polyethylene terephthalate (rPET) and has completed technical and production validation of 25% rPET content, but are constrained by the availability of rPET, Coca-Cola Bottling Gauteng and Inland regional... 

Recycled PET use held back by collection rates

AMSA appoints new CFO

By: Creamer Media Reporter      21st September 2018 Avinash Desmond Maharaj has been appointed CFO and executive director of ArcelorMittal South Africa (AMSA), effective October 1. He has a Master’s degree in Finance and is a qualified chartered accountant. 

Initiative seeks to further local procurement in franchising

By: Tasneem Bulbulia     21st September 2018 The Franchise Association of South Africa (Fasa) has partnered with Proudly SA to increase the local procurement of goods and services within the franchising sector by facilitating collaboration between suppliers, franchisors and franchisees. This joint enterprise development initiative was... 

Franchising sector records positive growth

By: Tasneem Bulbulia     21st September 2018 Franchising continues to show growth and resilience despite challenging socioeconomic and political challenges in the country. The industry has an estimated turnover of R721-billion in the last financial year, the Franchise Association of South Africa (Fasa) reported on Friday. 

Angola, IFC court South African investors

By: Nadine James     21st September 2018 World Bank Group executive director for Angola, Nigeria and South Africa Bongiwe Kunene says a roundtable event taking place on September 24, will enable South African businesses and investors to explore the growth opportunities in Angola created as a result of the 2017 election of that country’s... 

100 Resilient Cities 'game-changer' launched in Cape Town to tackle urban problems

By: News24Wire      21st September 2018 Cape Town has felt the shock of the taps nearly running dry and the shock of floods. It has felt the chronic stress of crime and being the murder capital of the country. The daily stress of hours in traffic congestion and being stranded on trains. The stress of poverty and 450 000 people who want... 

Potential buyer ditches plan to acquire Bidcorp's UK logistics business

By: Reuters     21st September 2018 International food distributor Bid Corporation Ltd (Bidcorp) said on Friday the prospective buyer for its UK logistics business is no longer interested in buying it, citing internal reasons. In August the South African company said is was finalising an agreement to sell that business to an... 

Engineering News iPhone and Android Apps available for free download

By: Creamer Media Reporter      21st September 2018 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Engineering News iPhone and Android Apps available for free download

South African portfolio inflows plummet in second quarter

By: Reuters     Updated 7 minutes ago Portfolio investments into the South African economy fell sharply in the second quarter, as investor risk aversion towards emerging markets was rising, central bank data showed on Tuesday. Inward investment into South African bonds and equities shrank to R16.6-billion ($1.16-billion) from... 

South Africa to relax visa rules to boost investment, tourism

By: Reuters     Updated 51 minutes ago South Africa will ease some immigration rules, including agreeing visa waiver agreements with more countries, in an effort to boost investment and tourism, Home Affairs Minister Malusi Gigaba said on Tuesday. The changes are part of a broader economic turnaround programme announced by President... 

South Africa to relax visa rules to boost investment, tourism
Home Affairs Minister Malusi Gigaba

Tullow Oil abandons first Namibian well, keeps options open

By: Reuters     Updated 1 hour 58 minutes ago Africa-focused Tullow Oil will abandon its first well in Namibia, but data gathered in the project indicated it might strike lucky in another attempt, it said on Monday. "The Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, encountered non-commercial hydrocarbons and the well... 

South African phosphate miner plans London IPO by year-end – CEO

By: Reuters     Updated 2 hours 4 minutes ago South African phosphate miner, Kropz, is on track to list on London's Aim Stock Exchange by the end of the year as it prepares for first production from its main asset in 2019, its chief executive said on Tuesday. Kropz wants to raise cash to pay down debt and further develop its Elandsfontein... 

Ramaphosa's new 10-person land reform advisory panel

By: News24Wire      21st September 2018 President Cyril Ramaphosa has announced the names of his 10-person advisory panel on land reform.  The president announced the establishment of the panel when he unveiled the state's stimulus package on Friday morning in Pretoria.  

Ramaphosa's new 10-person land reform advisory panel
Inter-Ministerial Committee on Land Reform chairperson Deputy President David Mabuza

Ramaphosa announces economic stimulus and recovery plan 

21st September 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the new economic, stimulus and recovery plan for South Africa and whether it will help South Africa in its economic recovery. 

Ramaphosa announces economic, stimulus and recovery plan

Mining Charter to be gazetted next week

By: African News Agency      21st September 2018 The final Mining Charter would be gazetted next week by Mineral Resources Minister, Gwede Mantashe. The Charter was approved with minor amendments by the September 19 Cabinet meeting. 

 Mining Charter to be gazetted next week
Photo by Creamer Media
Mineral Resources Minister Gwede Mantashe

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Ramaphosa moves to revitalise mining, create certainty
President Cyril Ramaphosa

South Africa to reallocate R50bn of budget to revive economy – Ramaphosa

By: Reuters     21st September 2018 South African President Cyril Ramaphosa announced a raft of policy reform plans on Friday, including re-prioritising R50-billion ($3.5-billion) of public spending to boost economic growth and create jobs. Africa's most industrialised economy entered recession in the second quarter for the first... 

South Africa to reallocate R50bn of budget to revive economy – Ramaphosa
Photo by Reuters
President Cyril Ramaphosa

Ramaphosa's stimulus plan could push rand to R14/$

By: News24Wire      21st September 2018 The rand started Friday off on the front foot, adding to Thursday's 2% gain against the US dollar on good CPI data, healthy inflow in the bond market and as traders await President Cyril Ramaphosa's stimulus package. The local unit added 0.5% to R14.21 to the US dollar before retreating to the... 

Ramaphosa's stimulus plan could push rand to R14/$
President Cyril Ramaphosa

Ramaphosa to lead SA delegation to UN assembly

By: African News Agency      21st September 2018 President Cyril Ramaphosa will on Saturday travel to New York where he will lead a South African delegation at the 73rd session of the United Nations (UN) General Assembly, his office said on Friday. In his first participation at the assembly as head of state, Ramaphosa will take part in an... 

Ramaphosa to lead SA delegation to UN assembly
President Cyril Ramaphosa

Greater demand for transparency needed in African real estate industry

By: Simone Liedtke     20th September 2018 There is a growing acknowledgement of the central role that a transparent real estate sector plays in providing healthy, productive and competitive environments for communities and businesses, investment management company JLL global research head Jeremy Kelly said on Thursday. Market... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

Minergy lauds Botswana regulatory authorities
Minergy CEO Andre Bojé

Positive performance, outlook for construction industry

By: Tasneem Bulbulia     20th September 2018 There has been a very good increase in the value of buildings completed in larger municipalities during the second quarter of this year, to the tune of almost 7%, which presents a recovery from the sluggish growth of the first quarter of the year, the latest Afrimat Construction Index (ACI)... 

Sanral awards R1.65bn Msikaba megabridge contract to Concor Mota-Engil JV

By: Marleny Arnoldi     20th September 2018 The South African National Roads Agency Limited (Sanral) has awarded the Concor Mota-Engil joint venture (JV) the second of two megabridge construction contracts as part of the N2 Wild Coast project. The R1.65-billion bridge will be built near Lusikisiki over the Msikaba gorge.  

Sanral awards R1.65bn Msikaba megabridge contract to Concor Mota-Engil JV
Artist impression of Msikaba bridge

SARB keeps repo rate unchanged at 6.5%

By: News24Wire      20th September 2018 The South African Reserve Bank announced on Thursday afternoon that it will keep the repo rate unchanged at 6.5%.  The announcement was made by the central bank's governor Lesetja Kganyago at a media briefing in Pretoria.  

SARB keeps repo rate unchanged at 6.5%
Photo by Reuters
SARB governor Lesetja Kganyago

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

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