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Anine Kilian

Anine Kilian

Anine Kilian is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

BBBEE Commission poised to ramp up compliance investigations

7th April 2017 The Broad-Based Black Economic Empowerment (BBBEE) Commission, a member of the Department of Trade and Industry, has spent the past year assessing compliance problems and has resolved to investigate companies that are involved with fronting and noncompliance with the BBBEE legislation. The... 

Consulting engineers body focusing on transformation

7th April 2017 Consulting Engineers South Africa (Cesa) has committed to transforming its membership and the industry as a whole. The industry body, which has identified transformation as a critical theme, has established a transformation committee that will embark on a process to develop proposed interventions... 

Varsities team up to improve maths and science education

7th April 2017 The Johannesburg Institute for Advanced Study (JIAS), which was established through a partnership with Singapore’s Nanyang Technological University (NTU), has renewed its partnership with the University of Johannesburg (UJ) through the signing of a second memorandum of understanding (MoU) on... 

UWP Consulting lifts black ownership to 51%

6th April 2017 Civil engineering consulting firm UWP Consulting has announced that it is now wholly owned by its employees, with 51% of shares held by black employees at all levels. “A milestone has been achieved in UWP’s transformation journey with the formation of the UWP Black Employees Trust (Ubet), which... 

Global steel market to fall into deficit by 2020 – BMI

6th April 2017 The global steel market will tighten in coming years and eventually go into a deficit in 2020, says research firm BMI.  Despite the slowing in both global production and consumption growth, larger increases in absolute consumption, compared with production, will lead to a tightening of the market. 

Petra announces pricing of notes issue

6th April 2017 Aim-listed Petra Diamonds on Thursday announced the pricing of its offering of senior secured second lien notes, due 2022, at $650-million. Interest on the notes will accrue at a rate of 7.25% a year, payable semi-yearly in arrears. 

Sappi launches second trial demonstration plant to advance biomaterials, bio-energy strategy

5th April 2017 Pulp and paper producer Sappi has launched its second trial generation renewable sugar extraction demonstration plant at its Ngodwana mill, in Mpumulanga. The demonstration plant, launched on Wednesday, in partnership with Finnish pulp and paper technology supplier Valmet, will explore and... 

S&P's South Africa sovereign junk downgrade 'the beginning of the capital market tsunami' - Abedian

4th April 2017 Ratings agency Standard & Poor’s (S&P’s) decision to downgrade South Africa’s credit rating to junk status, will adversely affect the cost and availability of capital, economist Iraj Abedian said on Tuesday.  “Before the downgrade, the South African government and all sub-national entities,... 

Localisation a key ‘policy tool’ for South Africa – Davies

4th April 2017 Localisation is an important policy tool for industrial development in South Africa and will assist in growing the economy and the manufacturing sector, Trade and Industry Minister Dr Rob Davies said on Tuesday. Speaking at the 2017 Proudly South African Buy Local Summit, in Johannesburg, he... 

Avesoro amends finance facilities

3rd April 2017 TSX-and-Aim listed Avesoro Resources has completed the legal documentation required to amend its existing finance facilities with Nedbank and FirstRand Bank. According to the amended terms, no further capital repayments are due until March 31, 2018, allowing the company to generate a prudent... 

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