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Latest News

Aussie losses will not hurt SA engineering group

     30th August 2001 As expected, Aveng’s Australian subsidiary McConnell Dowell reported an operating loss of A$3,932-million for the six months ended June 30, 2001. 

SA prickles with industrial-zone initiative

     30th August 2001 In line with the South African government’s commitment to foster sustainable industrial development, Trade and Industry Minister Alec Erwin has published his intentions to designate an industrial development zone (IDZ) at East London in the Eastern Cape. 

Work starts on $3bn Angola oil platform

     30th August 2001 Italian energy giant Eni has started work on a $3-billion offshore Angola deepwater oil plant, in which it has a 20% stake. 

Contracting firm still high on Dubai

     29th August 2001 South Africa’s biggest contracting company, Murray & Roberts, has won $300-million-worth of construction work in Dubai, Engineering News Online can today report. 

Mozal potline contract awarded

     29th August 2001 The contract for the extension to the Mozal potlines has been awarded to the joint venture consisting of Basil Read, Murray & Roberts and Grinaker-LTA. 

SA steel groups continue to struggle

     29th August 2001 South African metals group Highveld Steel and its partial subsidiary Columbus Steel reported dismal results for the half-year ended June 30, 2001 on the back of poor market conditions. 

Africa seeks to build nuclear market

     28th August 2001 Africa is seeking to create an internal market for nuclear technological goods and services which will contribute to the sustainability of the industry on the continent. 

Air patrol tenders in 2002

     28th August 2001 The tender for the aerial support component of the Department of Environmental Affairs and Tourism (Deat)’s acquisition of three inshore and one offshore patrol vessels will be issued locally in the next financial year. 

Gas company up for sale

     28th August 2001 One of South Africa’s leading gas companies, Messer Fedgas, is still up for sale. 

Cell firm gets early Christmas present

     27th August 2001 Newly licensed cellular operator Cell C has formally been issued a frequency spectrum licence by the Independent Communications Authority of South Africa (ICASA), enabling the cellphone operator to launch its 1 800 MHz service before Christmas. 

Engineering giant reports record order book

     27th August 2001 Global engineering firm Rolls-Royce’s interim results for the half-year ended June 30, 2001, revealed sales to be up 15% at  

New era in fishing-rights allocation begins

     27th August 2001 An innovative process to ensure that the allocation of fishing rights across 22 commercial fishing sectors is credible and equitable starts today at the Sea Point Offices of the Department of Environmental Affairs and Tourism (DEAT). 

We’re still tops in protea production

     27th August 2001 The South African Protea Producers and Exporters Assocation (Sappex) has rejected press reports that South Africa is lagging behind foreign countries in the production of proteas. 

'Lion' could snare $1,4bn in FDI

     24th August 2001 South Africa has plans to source natural gas from the Pande and Temane gasfields in Mozambique and possibly from the Kudu gasfield in Namibia. However, the country could see its own natural gas flowing as early as 2004 from a field just 100 km off its West Coast. 

Can SA avoid becoming the next California?

     24th August 2001 Is South Africa, with its energy sector that is set to undergo significant restructuring in the near future, in danger of experiencing a power crisis, as is being experienced in California, in the US? 

Concessioning of port operations set for next year

     24th August 2001 Government hopes to start concessioning port operations in the first quarter of next year. 

Nigeria gas-to-liquids deal signed

     24th August 2001 Joint venture agreements for the third phase of the Escravos Gas Project (EGP) and the Escravos Gas-to-Liquids (EGTL) project between Chevron and the Nigerian National Petroleum Corporation (NNPC) have been signed. 

Europeans back Gauteng train ahead of investor conference

     23rd August 2001 European train operators are impressed with Gauteng premier Mbhazima Shilowa's high-speed rail project and are convinced that it will be economically viable. 

Exports vital for SA defence sector’s survival

     23rd August 2001 The South African defence budget will remain limited and insufficient to sustain a fully-fledged defence industry, warns Defence Deputy-Minister Nozizwe Madlala-Routledge, speaking at the African Defence 2001 Summit Conference in Sandton. 

R150m spent in support of innovative manufacturers

     23rd August 2001 South Africa's latest technology was celebrated this week at the Industrial Innovation Awards held in Port Elizabeth. 

Smokeless fuel project for Africa

     23rd August 2001 An official of Royal Dutch/Shell has reported that the company is studying the possibility of making a smokeless energy brick for cooking in African villages to reduce firewood consumption. 

$64bn needed to fund MAP projects

     22nd August 2001 The implementation and delivery of the new African Initiative objectives – more commonly known as MAP – are set to cost the continent $64-billion and now that the document has received widespread support, experts are warning that it is time to find the financing. 

Mineworkers, women take big position in energy major

     22nd August 2001 The Mineworkers’ Investment Company (MIC) and WDB Investment Holdings (WDBIH) are to take an equity stake in BP’s South African operations giving them an immediate three seats on the board of BP Southern Africa and 25% shareholder voting rights. 

Telecom orders flow for SA dc power equipment

     22nd August 2001 As part of JSE Securities Exchange listed Grintek, Grintek Power Technologies, has grown sales of its dc power solutions to the telecommunications industry from R23-million last year to R67-million this year. 

‘Agoa II’ could give extra boost to SA textiles

     21st August 2001 A proposed set of amendments to the African Growth and Opportunity Act (Agoa), still in their draft stages, are currently moving through the US administration and have been termed Agoa II, son of Agoa or even the Bush African initiative. 

Aerospace IP programme getting under way

By: Keith Campbell     21st August 2001 Boeing yesterday announced that it had formed a strategic partnership with the DTI and was in talks with the SA aviation company Aerosud concerning the manufacture of aircraft parts. 

Namibia gets in on transfrontier park act

     21st August 2001 Barely two months after the signing of a memorandum of agreement with Lesotho to establish the Maloti-Drakensberg Transfrontier Conservation Area, Environmental Affairs and Tourism Minister Valli Moosa and his Namibian counterpart Philemon Malima signed a memorandum of understanding to establish... 

SA steel giant rejects anti-dumping ruling

     21st August 2001 South African steel giant Iscor has rejected insinuations that it had caused injury to either the US or Canadian steel market as a result of its exports to these countries. 

Government not helping SMMEs, says Erwin

     20th August 2001 Trade and Industry Minister Alec Erwin once again admitted that government was failing South African small business, but promised new proposals by year-end to ensure that this sector had better access to finance. 

Ministers to meet in Mexico as prelude to WTO

     20th August 2001 AN informal group of trade ministers will meet in Mexico from August 30 to September 1 to boost momentum for the World Trade Organisation (WTO) ministerial meeting to be held in Doha, Qatar, in November, and to build consensus around the issues to be tabled. 

SA autocats for Europe and China

     20th August 2001 Auto giant Volkswagen South Africa has secured a further R1,7-billion in catalytic converter contracts over the next five years for export to Europe and China. 

Big 'C'-change in network roll-out costs

     17th August 2001 Within the next five years, the South African cellular industry's new kid on the block, Cell C, will be pumping some R2,5-billion into a new network infrastructure – more than double the local spending figure required in terms of its licence. 

Local flight-monitors for new Hawks

By: Laura Franz     17th August 2001 South African avionics company Aerospace Monitoring and Systems (AMS), founded in the mid-1980s by a group of systems engineers from the local defence industry, has been awarded a R26-million rand contract to supply its health and usage monitoring system (HUMS) and crash survival recorders to... 

Steel valuation talks hot up

     17th August 2001 Technical and financial experts from the State-owned Industrial Development Corporation (IDC)are currently pouring over valuations provided to them by steel and mining company Iscor and are likely to offer advice on the matter within days. 

Govt does telecom policy u-turn

     16th August 2001 South Africa’s telecoms policy twists and turns continued yesterday with the government reverting to its previous position of licencing only one competitor to Telkom, when its exclusivity period expires in May next year. 

Nigerian drillers win oil contracts

     16th August 2001 Six indigenous Nigerian oil-service companies have won drilling jobs worth two-billion naira ($18-million) from Chevron Nigeria, the company has reported. 

SA prepayment techno to be sold to Germans

     16th August 2001 In line with its stated policy of disinvesting from non-core business activities, Spescom has announced the sale, subject to Competition Commission approval, of its 50% shareholding in Energy Measurements to Siemens for the sum of R35-million. 

NGOs invited to WTO Doha meet

     15th August 2001 The director-general of the World Trade Organisation (WTO), Mike Moore, has sent letters to 647 non-governmental organisations (NGOs) confirming their eligibility to attend the fourth WTO Ministerial Conference in Doha, Qatar, in November. 

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