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Latest News

Cement producer awards R32m automation contract

6th August 2003 Power and automation group ABB announced yesterday that it has received a R32-million process automation contract from cement company Alpha South Africa for the upgrade of Alpha’s kiln 3 at Dudfield. 

Big component offset from SAA’s Airbus purchase

By: laurian clemence     6th August 2003 South African mechanical and aeronautical engineering group Aerosud, of Centurion, yesterday formally announced a new aircraft sub-assembly contract with European aircraft manufacturing giant Airbus. 

Weak demand, strong rand hit steel firm

6th August 2003 South Africa’s second largest steel producer, Highveld Steel and Vanadium, reported a much reduced operating profit for the first half of 2003 on the back of decreased local demand and a stronger South African currency. 

Aveng's Aussie acquisition given legal approval

5th August 2003 South African construction group Aveng's acquisition of the remaining 37% of Australian construction company McConnell Dowell has given legal sanction by the Australian courts. 

Statoil to bid for Saudi gas projects

5th August 2003 Norwegian energy group Statoil said yesterday it plans to bid for gas projects in Saudi Arabia, which will come up for tender as part of a major opening of that country's gas industry. 

Zim to privatise power firm Zesa

5th August 2003 Zimbabwe is set to privatise the cash-strapped Zimbabwe Electricity Supply Authority (Zesa) after President Robert Mugabe signed a new electricity law, the state-owned Herald newspaper reported yesterday. 

Tongaat-Hulett reports H1 loss, outlook gloomy

5th August 2003 South African food and aluminium company Tongaat-Hulett disappointed investors yesterday with a bigger-than-expected interim headline loss and gloomy guidance on second-half earnings due to a strong local currency. 

Air-bridge incident under investigation

By: Martin Czernowalow     5th August 2003 An investigation has been launched into an incident in which an aircraft was damaged by a falling air-bridge at Cape Town International Airport (CIA), an airport spokesperson confirmed yesterday. 

Sapo denies congestion at Durban port

By: Martin Czernowalow     5th August 2003 The South African Port Operations (Sapo) denies that there is any congestion at the Durban port, despite an announcement by the US-Southern Africa Conference (USSAC) that the situation at Durban “remains of serious concern”. 

Metering company secures R50m Eskom contract

5th August 2003 Metering company Landis+Gyr, supplier of the Cashpower range of prepayment metering solutions, has been awarded 48% of the Eskom national contract for the provision of prepayment electricity metres. 

Upsurge in SA construction industry

5th August 2003 There has been an upsurge in the South African construction industry, says Neal Helps, director of the construction division at risk service company Alexander Forbes. 

Strike averted as union accepts Seifsa deal

5th August 2003 The National Union of Metalworkers of South Africa (Numsa) said yesterday it has ratified the acceptance of a two-year agreement proposed by the Steel and Engineering Industries Federation Of South Africa (Seifsa), following an extensive consultation process with workers. 

Numsa still unhappy with auto sector and Eskom

5th August 2003 South Africa's engineering and steel union on Monday threatened strikes against the motor industry and against power utility Eskom if employers fail to meet their wage increase demands. 

US judge approves ABB's asbestos deal

4th August 2003 A US District judge on Thursday approved Swiss engineering firm ABB's proposed $1,2-billion settlement of its asbestos claims, lawyers involved in the case said. 

WFP looks to cash donations for GM-wary Africa

4th August 2003 The UN World Food Programme (WFP) hopes contributors to a southern African aid appeal will avoid controversy over genetically modified grain by donating cash, a spokeswoman for the relief agency said on Thursday. 

The Great Cape Transport Debate

By: Jill Stanford     4th August 2003 While commuters in the Western Cape paint a bleak picture of public transport, a debate is simmering between the Congress of South African Trade Unions (Cosatu), provincial and local government and business over whether a rapid-bus transit system, which has been proposed as the first phase of a... 

KZN project manager for Tanzania sugar rehab

4th August 2003 Durban-based project management company Bosch Projects, has been appointed as project manager and engineer for the rehabilitation of the Kagera Sugar Factory in Tanzania. 

SA, Namibia to sign Park agreement

4th August 2003 South Africa and Namibia are set to cement their relations when they sign a treaty to establish one of the largest conservation parks in Southern Africa on Friday. 

Alien plant research meet set for Cape Town

4th August 2003 The National Working for Water Programme is hosting its first research symposium in Cape Town later this month. 

DTI to probe cost of books

4th August 2003 The Department of Trade and Industry is to undertake a study into the cost of books, particularly school textbooks, Education Minister Kader Asmal said on Friday. "I continue to be concerned by the cost of books and their production," he said in a speech prepared for delivery. Asmal was speaking... 

Call to scrap cotton subsidies grows

4th August 2003 The number of African cotton farmers supporting the call for the scrapping of cotton subsidies by the developed world is growing. 

New oil strike off Angola

4th August 2003 Norwegian energy group Statoil said on Friday that more oil had been found in ExxonMobil operated block 15 off Angola. 

SA and Namibia sign bilateral agreements

4th August 2003 South African President Thabo Mbeki and his Namibian counterpart, Sam Nujoma, on Friday co-chaired the fifth meeting of the Heads of State and Government of South Africa and Namibia on Bilateral Economic Cooperation, in Windhoek. 

Eskom moves to rebalance tariffs

By: laurian clemence     4th August 2003 South Africa’s electricity utility Eskom announced last week that it is proposing a retail tariff restructuring plan designed to rebalance its tariffs so that they more fairly reflect production costs and limit cross-subsidisation. 

New sanitation tariff for City of Cape Town

4th August 2003 Cape Town residents will – for the first time – receive municipal accounts that include the sanitation tariff, approved by council for the new financial year, which started on July 1. 

State set to inject capital into State Enterprises to boost logistics performance

By: Terence Creamer     4th August 2003 The South African government – criticised for nearly a decade for under-investing in road, rail and harbour infrastructure – is putting the final touches to a far-reaching logistic-improvement programme designed to keep pace with export-led demand. 

Unilever puts three major businesses 'on watch'

1st August 2003 Anglo-Dutch consumer products giant Unilever on Wednesday put three of its businesses, making up 10% of sales, "on watch" to improve performance or face alternatives which may include their sale. 

Energy Africa seeks growth through exploration

By: Martin Czernowalow     1st August 2003 South African oil company Energy Africa’s exploration and appraisal programme has potential to contribute to significant further growth in the company within the coming months, chairperson Datoc Idris Mansor said at the company’s annual general meeting, in Cape Town, this week. 

SA to host Nepad science and technology conference

By: Martin Czernowalow     1st August 2003 South African Deputy Minister of Science and Technology Buyelwa Sonjica yesterday announced the first New Partnership for Africa’s Development (Nepad) Ministerial Conference on Science and Technology, scheduled to take place in South Africa in the first week of November. 

Last Beetle rolls off production line in Mexico

1st August 2003 This week saw the last original Beetle leave the production line at Volkswagen de M 

Oil groups to raise E Guinea field’s capacity

1st August 2003 Participants in the offshore Zafiro oilfield in Equatorial Guinea have boosted production capacity by 37%, to 300 000 barrels per day (bpd), US energy producers said. 

Papermaker’s profits take a dive

1st August 2003 The world’s biggest coated paper producer Sappi will be trimming its capital expenditure (capex) budget in the light of declining profits and constrained markets. 

Government provides R300m for free basic electricity

1st August 2003 Government has set aside R300-million for the provision of free basic electricity to identified poor households across the country. 

UN mulls purchase of SA maize

31st July 2003 The UN World Food Programme (WFP) is likely to buy 200 000 t of maize from South Africa for its regional food relief activities for the year to June 2004, a senior official said on Tuesday. 

E-gov system to be launched in October

31st July 2003 Government is set to launch its Gateway electronic service system in October. 

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. 

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