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Latest News

Productivity tool for small firms released

31st July 2003 The survival of South Africa’s small, medium and micro enterprises (SMMEs) is slim, says the National Productivity Institute (NPI). 

Wales trade delegation set for SA visit

31st July 2003 Wales Trade International announced yesterday that it would be bringing a 16-strong trade delegation to South Africa from August 11 – 15, 2003. 

Engineering sector looks set to avoid strike

By: Martin Czernowalow     31st July 2003 It appears likely that a strike in the South African steel and engineering industries may have been averted, following a meeting between employers and labour yesterday. 

Petroleum product sales improving

31st July 2003 The South African Petroleum Industry Association (Sapia) reports that overall sales of petroleum products in 2003 are performing better than in recent years. 

Russian aluminium firm's output surges

31st July 2003 The world’s second largest aluminium producer, Rusal of Russia, announced volume growth across all main product lines for the first half of 2003. 

Bidders for Cape Town film studio shortlisted

31st July 2003 Western Cape MEC for Finance and Economic Development Ebrahim Rasool today announced three consortiums that have been short-listed to build a film studio in the province. 

SA says Cancun heading for an impasse

31st July 2003 With six weeks to go to the fifth World Trade Organisation (WTO) Ministerial Conference in Cancun, Mexico, the WTO negotiations, on which Africa and other developing countries place great hope as a platform for their development, is heading for an impasse, the South African Department of Trade... 

PPI rises to 2,3% for June

31st July 2003 The higher electricity demand in the winter season was the main cause of the increase in the producer price index (PPI) for June, as compared to the same period last year. 

Chad-Cameroon oil line flowing

30th July 2003 A Chad-to-Cameroon oil pipeline, the first oil duct to ever be partly financed by the World Bank, began flowing last week its operator said on Monday. 

ABB loss widens and debt rises

30th July 2003 ABB reported a net loss of $55-million for the second quarter and said its debt increased, although the engineering firm stuck to its 2003 financial goals which include slashing its huge borrowings. 

Rand, slow demand leaves AECI earnings flat

30th July 2003 South African chemicals group AECI showed no growth in first-half earnings yesterday as local demand slowed and a strong rand ate into revenues, but the group said it hoped for a full-year increase. 

IT group buys data-storage specialist

30th July 2003 JSE Securities Exchange-listed Altron group subsidiary, Bytes Technology Group (BTG), yesterday announced its acquisition of Optitek, a consultancy company specialising in the design and implementation of data storage, archive and retrieval systems for major enterprises. 

Last chance to avoid engineering strike

By: Martin Czernowalow     30th July 2003 The National Union of Metalworkers of South Africa (Numsa) has warned the country’s steel and engineering sector to prepare for a large-scale strike, unless an agreement is reached about improved wages and working conditions for employees. 

Venture funds for SA biotech sector limited

30th July 2003 Investment capital for biotech companies in South Africa is limited but the situation is improving, a recent debate on the industry concluded. 

North West bus operations restructures

30th July 2003 Plans are well underway to transform lucrative bus operations in the North West. 

Mozambique seeks to double rice output

29th July 2003 Mozambique wants to double rice production to about 400 000 t to reduce imports of the staple, its agriculture minister said on Friday. 

SA pumps for Botswana rural water supply

29th July 2003 South African pump company Howden has won a R4-million order for Mono pumps, which will be used in the Botswana water-for-the-nation programme that aims to provide potable water to thirsty rural communities in the country. 

SA firm in two new oil exploration deals

29th July 2003 Oil and gas exploration and production group Energy Africa announced yesterday the signature of petroleum exploration agreements in respect of the St Louis Block offshore Senegal and blocks 16/12b and 16/13d on the UK continental shelf. 

Germans reignite SA boiler firm

By: Steven Chiaberta     29th July 2003 A leading German engineering group, which plunged into insolvency a year ago, is back on its feet in streamlined form and more vigorous than ever, Engineering News Online can today exclusively report. 

Kenya seeks to cover 200 000 t maize shortfall

29th July 2003 Kenya needs to import 200 000 t of maize to cover a shortfall in the first quarter of the 2003-04 marketing year (July-June) after disappointing rains, a government report said. 

Transnet seeks advisor for sale of road division

By: laurian clemence     29th July 2003 South African transport utility Transnet has invited submissions of proposal for the role of transaction advisor in the restructuring of its road-freight division, Freightdynamics. 

IDC studies big citrus project in KZN

By: laurian clemence     29th July 2003 The State-owned Industrial Development Corporation (IDC) has issued a tender calling for an environmental specialist to conduct a study into the impact of establishing a 1 000 ha citrus orchard on State-owned land in the Makhatini Flats in KwaZulu-Natal. 

BP in Angola ultra deepwater oil find

29th July 2003 Oil major BP yesterday announced it had struck oil at the Saturno field in Block 31 in ultra-deepwaters off Angola. 

Consumers name their diamonds and dogs

By: Martin Czernowalow     29th July 2003 South Africa’s Deputy Minister of Trade and Industry, Lindiwe Hendricks, yesterday announced the findings of a consumer satisfaction survey in the telecommunications and banking sectors, in Johannesburg. 

Matsepe-Cassaburri welcomes report on convergence policy

29th July 2003 Communication Minister Ivy Matsepe-Casaburri yesterday received the final report of the National Convergence Policy Colloquium from chairpersons and representatives of various related stakeholders. 

New nuclear framework to secure industry's future

By: Keith Campbell     28th July 2003 Without a doubt the South African Nuclear Energy Corporation (Necsa) is one of the country’s most strategic and valuable high-technology research and development (R&D) and industrial assets. 

Call made for WTO probe into EU sugar protection

28th July 2003 Australia, Brazil and Thailand have made a requested that the World Trade Organisation (WTO) establish a panel to probe the European Communities export subsidies on sugar on July 21, 2003. 

Energy efficiency labeling on the cards

28th July 2003 The Energy Efficiency workshop, held at the offices of the Department of Minerals and Energy in Pretoria on Friday, which formed part of National Energy Efficiency Week, said that South Africa could have its own energy efficiency label as early as autumn next year if South Africans become more... 

Engineering service contract signed

28th July 2003 Project management and engineering company Bosch Projects, a subsidiary company of the B & A Group, has signed a five-year service contract with Lucite International to provide engineering support services at Lucite’s Umbogintwini factory site. 

Technology could further boost SA auto sector

28th July 2003 If the South African automotive industry wishes to maintain its international standing it will need to turn to technology to achieve greater economies of scale, says Pierre du Plessis, executive consultant strategic solutions at Comparex Africa. 

Earthlife Africa lodges appeal against PBMR

By: Martin Czernowalow     28th July 2003 As environmentalists lodged an appeal against South Africa’s proposed pebble-bed modular reactor (PBMR) on Friday, the Institute of Nuclear Engineers urged that sight must not be lost of the project’s fundamentals. 

New cement product for builders

28th July 2003 South African cement producer, Lafarge Cement, has announced the launch of its Buildcrete 42,5 superior strength, high-quality all-purpose cement product, which is set to transform the local building industry. 

SA likely to export 1,1m tons of maize

28th July 2003 Maize-laden South Africa is likely to export 1,1-million tons of the regional staple this year, but it will have to target markets close to home to sell its relatively expensive product, industry sources said on Friday. 

Nampak restructures board

25th July 2003 South African packaging firm Nampak said on Wednesday Robert Becker would become financial director effective October 1, a post he was designated for in January 2003, after John Sayers steps down. 

World Bank approves Zambia plan for power utility

25th July 2003 The World Bank said on Wednesday it had accepted Zambia's proposal to grant autonomy to state power utility Zesco rather than privatise the firm as initially planned, and outlined its conditions for the agreement. 

Standards body to restructure

25th July 2003 Standards-generating arm of the SABS, Standards South Africa, has started to process restructuring its technical committees. 

Global cement group’s sales decline

25th July 2003 Building materials group Lafarge's first-half sales fell 11,9%, stung by a weaker dollar, but its shares rose on Wednesday as it kept its outlook and turned in better-than-expected internal growth. 

Now there's central-locking for houses

25th July 2003 When they have left, perhaps to go on holiday, probably most people at one time or another have had that nagging thought: "Did I lock all the doors of the house?"  

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