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Creamer Media Reporter

Tiger Wheels' stock slumps on German woes

31st May 2007 Shares in wheel manufacturer Tiger Wheels fell by more than 18% on Thursday after the company warned late on Wednesday that its German manufacturing business� performance would be lower than its forecasts.  

Name changing is frustrating

25th May 2007 Editor – I would like to thank Kelvin Kemm for his recent contribution in the April 20–26, 2007, edition of Engineering News regarding name changes. 

Japanese giant passes US auto behemoth

18th May 2007 Toyota has, in a long-anticipated move, inched past US giant General Motors to become the world’s number-one selling vehicle brand. 

Kelvin Kemm’s global warming misinformation

18th May 2007 The column on global warming by, Kelvin Kemm, (Engineering News, April 13�19, 2007) is an alarming parody of the issue and an insult to your readers� intelligence. It is very clear that there remain several uncertainties in the developing science of global warming and climate change, but this... 

R116m empowerment deal expected to unlock opportunities for bearings giant

18th May 2007 Engineering consumables company Bearings Man’s holding company, Invicta Holdings, has concluded a black economic empowerment (BEE) deal with aloeCap Limited, a black-owned and managed firm which has served as an adviser to the public sector on transactions worth more than R40-billion. 

Electrical body opposes conversion of engineering academy into a statutory body

18th May 2007 Legislation is in the pipeline to establish the South African Academy of Engineering (SAAE) as a statutory body and “the preferred source of expert engineering advice to government”, as stated in the draft Bill. 

Name changing must go ahead

11th May 2007 Kelvin Kemm’s extremely disturbing article, ‘Name changing the stupidest thing govt has done since 1994’ cannot be left unchallenged. In fact, his article is the stupidest piece of work I have ever read in Engineering News. 

AECI appoints new CFO

9th May 2007 JSE-listed chemicals and explosives firm AECI announced on Wednesday the appointment of Roger Williams (43) as chief financial officer and executive director, with effect from August 1. 

Project Mafutha

8th May 2007 Sasol has had informal discussions with the South African government about the possibility of building a new coal-to-liquids (CTL) facility in South Africa. The envisioned project, with a potential capacity of about 80 000 bbl/d, has been dubbed 'Mafutha' - the Zulu word for oil. 

Spot gold firm, Tokyo precious metals surge

7th May 2007 Tokyo gold futures rose more than 2% to a two-month high and platinum futures reached a record high on Monday as firmness in cash gold, which held near a two-week high due to dollar weakness, encouraged active buying. Precious metals drew broad demand from investment funds as the dollar weakened... 


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