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Marleny Arnoldi

Marleny Arnoldi

Marleny Arnoldi is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Redefine distributable income rises above R5bn mark for FY18

5th November 2018 JSE-listed real estate investment trust (Reit) Redefine Properties reported year-on-year distribution growth of 5.5% for the financial year to August 31, with full-year distribution of 97.1c apiece, compared with 92c apiece in the prior year. The board declared a gross dividend of 49.8c apiece... 

Gold Fields obtains interdict against strike at South Deep

5th November 2018 JSE-listed gold miner Gold Fields says members of the National Union of Mineworkers (NUM) continued with strike action at the miner’s South Deep operation, in Johannesburg, on Sunday, in reaction to planned retrenchments at the mine. This despite the fact that the company had obtained a court... 

Eskom launches microgrid pilot plant in Free State

5th November 2018 State-owned power utility Eskom has launched a pilot solar-powered microgrid at Wilhelmina farm, in Fickburg, in the Free State. The microgrid demo plant is capable of providing electricity to 14 households with 81 family members, making up the Wilhelmina community. 

Canyon opens Bronkhorstspruit mine

2nd November 2018 Mineral Resources Minister Gwede Mantashe on Friday officiated at the opening of coal miner Canyon Coal’s new Khanye mine, in Bronkhorstspruit, Gauteng. Khanye has a 39-million-tonne coal reserve and is expected to produce 2.8-million tonnes a year of coal over a 16-year mine life. 

Ewaste recycling sector still underdeveloped in South Africa

2nd November 2018 The South African electronic-waste (e-waste) recycling industry has not yet reached a point where most components are recovered for reuse, University of KwaZulu-Natal rare earth recycling technologies researcher Mark Williams-Wynn told delegates at the WasteCon 2018 exhibition on Wednesday. He... 

Civil contractor confidence falls to historical low in Q3

2nd November 2018 The Construction Industry Development Board (CIDB) small and medium-sized enterprises (SME) business conditions survey has shown that civil contractor confidence fell by six index points to a historic low of 27 during the third quarter. Weakness in all the underlying indicators, especially... 

Move to tackle VAT refund backlog lops billions off revenue forecast

2nd November 2018 The National Treasury has lowered its revenue collection forecast for 2018/19 by R27.4-billion, largely as a result of belated moves by South African Revenue Service (Sars) to address a major backlog value-added tax (VAT) refunds. The issue of delayed repayments has been a major bone of... 

Naamsa welcomes uptick in October new-vehicle sales

1st November 2018 The National Association of Automobile Manufacturers South Africa (Naamsa) on Thursday said the latest domestic new-vehicle sales figures for October reflected an unexpected and welcome uptick of 1.7% to 51 866 units sold, which was largely supported by fairly strong growth in the various... 

Brick and mortar retail not dying a slow death – US property developer

1st November 2018 Private commercial real estate investor and operator Rainier Companies principal Danny Lovell says brick and mortal retail is here to stay, despite rapid growth in sales on e-commerce platforms. “It is easy to get caught up in the ‘retail Armageddon’ story and it clearly has created . . .... 

Sanral halts Mtentu megabridge construction owing to violent protest

1st November 2018 The South African National Roads Agency Limited (Sanral) was on Thursday forced to stop construction of the R1.63-billion Mtentu megabridge, which forms part of its N2 Wild Coast road project, owing to a violent protest. Workers and management at the site were reportedly threatened. 

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