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Megan van Wyngaardt

Megan van Wyngaardt

Megan van Wyngaardt is Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Eskom connects a further 35 000 Eastern Cape households to grid

17th March 2017 During the 11 months to February, State-owned electricity provider Eskom has connected 35 000 more Eastern Cape households, in rural areas, to its grid. “We have intensified our implementation programme throughout the country and we intend achieving an additional 15 000 new connections in the... 

Cova Advisory partners with UK business to broaden horizons

17th March 2017 South African investment consultancy Cova Advisory is partnering with European business performance consultant Ayming’s UK office to expand its global footprint. “Cova services our clients in South Africa, and Ayming services [clients in] the UK, European and North American markets. The objective... 

Commission approves sale of M&R’s infrastructure and building platform

17th March 2017 The Competition Commission has approved the sale of Murray and Roberts’ (M&R’s) infrastructure and building (I&B) platform to Firefly Investments 319, without conditions. M&R has undergone a significant restructuring in recent years that will result in it exiting the general building and civil... 

Proposals for Cape Town’s Foreshore Freeway precinct put on display

17th March 2017 Six private-sector proposals for the development of 6 ha of city-owned land in the Foreshore Freeway precinct – located under and between the existing and unfinished highways between the city’s northern edge and the Cape Town harbour – are on display at the city’s civic centre for public comment.... 

Investec signs R100m facility with rooftop solar developer

17th March 2017 Investec Bank has, through its power and infrastructure finance (PIF) division, signed a R100-million term facility to fund Mettle Solar Investments’ current and future portfolio of commercial rooftop solar installations in sub-Saharan Africa. “With the decreasing cost of solar installations, the... 

DRDGold amends BEE deal with Khumo

16th March 2017 JSE-listed DRDGold will amend its black economic empowerment (BEE) deal with shareholder Khumo Gold to ensure that the latter does not breach the original agreement’s lock-in period. Khumo, which was seeking shareholder approval to enter into hedging arrangements to secure the value of the... 

Erin Energy posts 18% y/y increase in oil sales

16th March 2017 Dual-listed Erin Energy achieved crude sales volumes of more than 1.7-million net barrels of oil during the fourth quarter of 2016 – an 18% increase over 2015. This resulted in the company realising a 14% year-on-year increase in revenue to $77.8-million. 

Domestic tourism declines between 2013 and 2015, but expenditure increases

16th March 2017 Domestic tourism declined from 54.4-million day trips in 2013 to 44-million in 2015, Statistics South Africa’s Domestic Tourism 2015 report, published on Thursday, reveals. However, while there was a downward trend in the number of day trips, the total expenditure on day trips increased from... 

Sasol officially launches 2017 GTC Championship

16th March 2017 The Sasol GTC Championship team on Thursday welcomed newest team member Robert Wolk, who will be behind the wheel of the team’s BMW GTC racer. Thirty-one-year-old Wolk replaces Hennie Groenewald, who stepped down to start a new business venture in Cape Town. Wolk has been racing since the age of... 

Regency Mines to enter JV over US coal project

16th March 2017 Aim-listed Regency Mines has entered a memorandum of agreement with US-based First Coal, led by Stephen Moscicki, to jointly develop a 6 500-acre metallurgical coal property in Alabama, in the south-eastern US. Under the terms of the agreement, Regency will conduct due diligence on the property... 

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