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Cover Story

Funding for SA firms seeking to increase African trade and investment exposure

By: Schalk BurgerIncreased trade and interdependence with the rest of Africa are set to bolster the anaemic economy of South Africa through the R13.4-billion Export Credit Insurance Corporation of South Africa (ECIC) and African Export Import Bank (Afreximbank) South African Trade and Investment Promotion... 

Funding for SA firms seeking to increase African trade and investment exposure

Editorial Insight

Has anything changed?

By: Terence CreamerIt would arguably be easier for a novice cyclist to take on Tour de France’s fabled Alpe d'Huez ascent than for the new leadership at Eskom to restore credibility. Besides load-shedding and extreme tariff hikes, the State-owned utility’s reputation has been all but decimated by allegations... 

Has anything changed?

News & Insight

Action needed to integrate UAVs into civil airspace in SA

By: Rebecca CampbellUnmanned aerial vehicle (UAV) manufacturer Denel Dynamics (which also produces missiles and space technology) has called for a national programme to integrate UAVs (popularly called drones) into the country’s civilian controlled air space. Controlled air space is air space in which all air... 

Aerospace giants win orders and commitments for over 1 100 airliners at airshow

By: Rebecca CampbellGlobal commercial aerospace giants Airbus and Boeing have each reported hundreds of orders for their airliners at this year’s Farnborough International Airshow, in the UK. Boeing announced 673 “orders and commitments” for airliners and freighters, worth (at list prices) $98.4-billion. The group... 

Agreement stokes West African renewable-energy market

By: Schalk BurgerGerman solar mounting company Schletter Group has signed a wholesale agreement with steel manufacturer Sparkwest Steel Industries, which will exclusively market Schletter open-area and rooftop systems in Nigeria. Sparkwest Steel will also act as wholesale dealer for the Schletter Group in a... 

Boeing predicts strong global airliner and services demand until 2037

By: Rebecca CampbellGlobal aerospace giant Boeing has predicted that 42 730 new jet airliners, worth $6.3-trillion, will be needed to meet demand over the next 20 years. This forecast was unveiled in the group’s “Commercial Market Outlook”, released at the recent Farnborough International Airshow in the UK. This... 

Data breaches costing South African firms billions of rands

By: Natasha OdendaalThe average cost of a data breach in South Africa in 2018 has increased 12.2% year-on-year to R36.5-million, from the R32-million reported in 2017, and the R28.6-million reported in 2016, a new study finds. The average number of breached records also increased 6.31% to 21 090, the IBM Security... 

French backing for Joburg digital content hub

By: Schalk BurgerThe Ambassador of France to South Africa Christophe Farnaud at the launch of the Digital Content Hub, in Johannesburg, highlighted the cooperation between South Africa and France on innovation, which is one of the economic priorities of France as articulated by French President Emmanuel Macron.... 

French backing for Joburg digital content hub

Intelsat joins alliance developing specs for inflight connectivity

By: Natasha OdendaalIntegrated satellite solutions group Intelsat has become the latest member of the consortium Seamless Air Alliance to accelerate the development of standards to facilitate better, more seamless, inflight connectivity. The Seamless Air Alliance was formed earlier this year to develop... 

Radio broadcasting sector faces hurdles

By: Natasha OdendaalThere is still a lot of room for investment and growth in the radio broadcasting sector, despite an increasing shift to digital and other broadcasting mediums in recent years that has left the industry in an influx, says Kagiso Media. Speaking during the Independent Communications Authority of... 

Reform on education, gender and work critical to digital economy

By: Natasha OdendaalSouth Africa’s static and underinvested education and training systems need to be reformed to keep pace with the new needs of the ever-evolving digital economy. The current educational system is “largely inadequate” to cater for the significant shifts happening in the business models of all... 

Success of Africawide free trade area will partly rest on world-class infrastructure

By: Creamer Media Reporter The construction industry - a key partner in the economic integration of the continent envisaged by the African Continental Free Trade Area By Mokate Ramafoko, PPC Managing Director: International Operations 

Supply-chain blockchain can improve traceability, customer experience

By: Schalk BurgerUsing a blockchain-based supply chain management system can significantly improve the transparency of supply chains, provide information for customers about quality and to trace product origins, as well as improving the agility and adaptability of supply chains, says information technology (IT)... 

Supply-chain blockchain can improve  traceability, customer experience

Photo of the Week

LONG ROAD AHEAD

By: Terence CreamerEskom CEO Phakamani Hadebe only just managed to guide the utility through to the there end of its horrific 2018 financial year, during which it nearly run of cash and almost had its bonds suspended. The journey ahead for Hadebe remains equally treacherous, as has already been seen from the false... 

LONG ROAD AHEAD

Columns

Darkness, is it contagious?

By: Riaan de LangeA R2 300,000 000 loss, R19 600 000 000 in irregular expenditure, net cash from operations declining by 21.81% from R45 800 000 00 to R37 600 000 000, total debt increasing by 55.04% from R387 000 000 000 to R600 000 000 000, raising only 22% of the R72 000 000 000 borrowing commitment, a firm... 

Professional fees

By: Terry Mackenzie-hoyYou can get advice from a fairly good consulting engineer at a rate of about $700 for an eight-hour day which is near enough to R1 200 an hour. This would be a person who is registered as a professional engineer and has at least 20 years' experience. The rates that individuals and consulting... 

SA’s bioeconomy should be multipronged

By: Saliem FakirThe fact that South Africa does not have a White Paper or a holistic bio-economy strategy is the biggest of ironies, given that a vast variety of biological life and biodiversity can be found across the country. This is a sector with the highest labour intensity.   The aggregate value of the... 

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