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Cover Story

Auto thought leader on need to build Tier 2 and 3 suppliers as local content falls

By: Irma VenterThe South African automotive industry is eagerly awaiting the announcement of the details of government’s new support programme, the Automotive Masterplan, which is set to guide the industry’s investment activities from 2020 to 2035. The masterplan will perhaps be South Africa’s most challenging... 

Auto thought leader on need to build Tier 2 and 3 suppliers as local content falls

Editorial Insight

Milestones & Opportunities

By: Terence CreamerFresh analysis by Bloomberg New Energy Finance (BNEF), showing that the combined installed base of wind and solar photovoltaic (PV) generators breached the one-terawatt mark at the end of June, offered statistical confirmation of an energy transition that is now in full swing. Of this total, wind... 

Milestones & Opportunities

News & Insight

African cacao-producing country starts making top-quality chocolate

By: Rebecca CampbellCooperation between a South African and a British business has resulted in the establishment of the first ever chocolate factory in the West African island state of São Tomé e Príncipe. The enterprises are HBD Venture Capital (HBD standing for “Here Be Dragons”), an enterprise of South African... 

British aid partnership aimed at allowing Ethiopia to fund its own development

By: Rebecca CampbellEarlier this month the UK launched its largest ever “tax partnership programme”, with Ethiopia. In terms of this partnership, which was announced by UK International Development Secretary (Cabinet Minister) Penny Mordaunt while on a visit to the north east African country, Britain will provide... 

Firms in satellite broadband services partnership

By: Natasha OdendaalSatellite operator and services provider Avanti Communications and panAfrican telecommunications solutions service provider iWayAfrica have signed a deal to provide satellite broadband services across sub-Saharan Africa. The new master distributor contract will allow iWayAfrica to provide... 

Ford produces 500 000th Ranger in South Africa

By: Schalk BurgerFord Motor Company of Southern Africa’s (FMCSA’s) Silverton assembly plant, in Pretoria, has produced its 500 000th Ford Ranger. “The current Ford Ranger has been a remarkable success story for FMCSA, and we are delighted to have reached the 500 000 mark for this vehicle programme,” says Ford... 

Ford produces 500 000th Ranger in South Africa

GreenCape unveils tool for modelling water efficiency interventions

By: Natasha OdendaalNonprofit organisation the GreenCape Sector Development Agency has developed a financial feasibility tool modelling scenarios of suitable water efficiency interventions for commercial and industrial buildings, showing that it makes business sense to invest in water efficiency solutions. With... 

Kenya expressway project hangs in the balance

By: John MuchiraConstruction of a $2.1-billion expressway between the Kenyan capital of Nairobi and the port city of  Mombasa hangs in the balance following a decision by President Ururu Kenyatta's government not to finance the project through debt. Instead, it has directed the contractor, US construction giant... 

Local firm to support long term growth of AEG brand in SA

By: Schalk BurgerLocal construction tools and fasteners distributor Upat aims to support the long-term growth of German company AEG’s power tools range in South Africa and Southern Africa by providing technical support services to and leveraging its partnerships with retailers, Upat MD Richard Kuhlmann says. The... 

Local firm to  support long term growth of AEG brand in SA

Mathe Group ups tyre processing by 35%, grows steel exports

By: Irma VenterThe KwaZulu-Natal-based Mathe Group, South Africa’s largest tyre recycler, has developed two steel by-products that are being exported to Australia and Korea in growing quantities. Dr Mehran Zarrebini, head of British investment group PFE International, which is one of the major shareholders in... 

MTN optimistic about its Iran business despite renewed US sanctions

By: Natasha OdendaalTelecommunications group MTN remains optimistic over prospects in Iran, despite the recently renewed US sanctions blocking further attempts at repatriating funds due to it from 49%-owned joint venture MTN Irancell. In May, the US withdrew from the Joint Comprehensive Plan of Action (JCPOA)... 

Rental market, power-as-service offerings underpinning demand for generators

By: Schalk BurgerA growing rental market and the provision of expert services, including electrical engineering services, is providing global generator manufacturer Himoinsa with good growth in Southern Africa, says Himoinsa Southern Africa business development director Matt Bell. The rental market provides it... 

Rental market, power-as-service offerings underpinning  demand for generators

Secure multicloud environments key to digital transformation

By: Schalk BurgerProviding application-centric security for multi-cloud environments is necessary to secure the many and increasing complex and cross-platform interactions of modern business and industry. Flexibility of use, movement of resources, data, workloads and accessibility across a range of devices are... 

Secure multicloud environments key to digital transformation

Sumitomo Rubber’s truck, bus tyre plant starts production

By: Irma VenterSumitomo Rubber South Africa (SRSA), manufacturer of the Dunlop tyre brand, has officially started production at its truck and bus radial (TBR) tyre manufacturing plant in Ladysmith, KwaZulu-Natal. Japanese company Sumitomo Rubber Industries, the world’s fifth-largest producer of automotive tyres... 

Photo of the Week

AFRICAN BLUE SKY

By: Creamer Media Reporter Brazilian aircraft manufacturer Embraer has embarked on an Africa-focused marketing campaign for its new generation single-aisle series of airliner, the E2 family, dubbed the ‘Profit Hunter’. Last month, an E190 E2 took VIP guests and test pilots on a one-hour excursion, flying from OR Tambo... 

AFRICAN BLUE SKY

Columns

Bailout or bail out?

By: Riaan de LangeOne word or two? So, which is the correct option for South Africa’s State-owned enterprises (SOEs)? Hint: a bailout is the act of giving financial assistance to a failing business or economy to save it from collapse, while to bail out is to abandon a position or situation. As I contemplated what... 

Dissecting the ANC’s sudden interest in land expropriation

By: Aubrey MatshiqiDoes South Africa belong to those who live in it, or to those who conquered it? In other words, is land expropriation without compensation constitutionally permissible and, is it possible to expropriate land without compensation without the consent of the conquerors? According to the Freedom... 

Dissecting the  ANC’s sudden interest  in land expropriation

Electric cars: a real good thing?

By: Terry Mackenzie-hoyWhen I was young, our family would go to the Natal South Coast on holiday. The roads were not great; so, we would have to stay overnight halfway to Durban. At holiday times, there was a lot of traffic and sometimes the going was slow. Recently, Gregg and I went up the garden route on a project.... 

Using Douglas North’s institutional economics to understand State capture

By: Saliem FakirDouglas North remains an influential institutional economist and his work on institutional economics can help us understand economic development and long-run growth. North was awarded the Nobel Prize in 1993 and died in 2015. He shared the award with William Fogel.   He was one of the founders of... 

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