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Latest News

Sappi’s earnings dip, slow recovery expected

By: Martin Czernowalow     11th November 2003 The world’s biggest producer of fine paper, Sappi, yesterday reported a sharp decrease in earnings for the September quarter and said it did not expect a recovery until after the first quarter next year. 

Dumping on the anti-dumpers

By: Martin Zhuwakinyu     10th November 2003 The International Trade Administration Commission’s (Itac’s) launch barely five months ago was accompanied by much pomp and fanfare, but rumblings are already being heard from many quarters, with the more blunt critics asserting that the new body is no better than its predecessor, the... 

GM drops hybrid small SUV, adds hybrid pickups

10th November 2003 General Motors Corporation has dropped plans to sell a hybrid gasoline-electric small sport utility vehicle, but will offer the fuel-saving technology on its large pickup trucks and SUVs, officials said last week. 

Russia and SA to cooperate of use of nuclear material

10th November 2003 Director-general of Minerals and Energy Sandile Nogxina is currently leading a mission, which started last week, to the intergovernmental committee on Trade and Economic cooperation (Itec) between South Africa and Russia. 

Man completes R75m bus order

10th November 2003 Commercial vehicle manufacturer Man Truck & Bus has handed over the 100th rebuilt Northwest Star bus to Northwest Transport Investments (NTI), as part of a R75-million contract to upgrade the NTI fleet. 

Work opportunities in multi-million rand Soweto project

10th November 2003 The Johannesburg Roads Agency (JRA) announced at the weekend that it is awarding a contract worth millions of rands to be spent on upgrading of unpaved roads in the residential areas of Meadowlands and Orlando West, in Soweto. 

SA and Brazil urged to strengthen ties

By: Martin Czernowalow     10th November 2003 Trade relations between South Africa and Brazil are gaining momentum and the time has come to strengthen South-South trade ties, a Brazil-South African business meeting heard on Friday. 

Nigeria to stay in Opec, wants higher quota

10th November 2003 Nigeria at the weekend soothed concerns among fellow oil producing nations that it might consider leaving Opec to raise crude output, saying it needed to stay in the cartel to help defend prices. 

SA celebrates National Quality Week

10th November 2003 Quality equals growth; it is one of the keys to unlock South Africa’s economic development, says Stranger Kgamphe, chairperson of the South African Quality Institute at the launch of National Quality Week 2003. 

November declared Energy Month in Cape Town

10th November 2003 The City of Cape Town has designated November as Energy Month by officially releasing its first state of energy report and the process to develop an integrated development energy strategy for the city. 

Harbinson quits WTO Agriculture Committee chair

10th November 2003 Stuart Harbinson, director of the office of World Trade Organisation (WTO) director-general Supachai Panitchpakdi, announced that he intends to give up the chairmanship of the agriculture negotiations. 

Virgin in talks over mobile network expansion

7th November 2003 Virgin Group said on Wednesday it was in discussions about expanding its "virtual" mobile network model to a number of countries around the world, including South Africa, Canada, China and India. 

GM changes plans for hybrid gasoline-electric SUVs

7th November 2003 General Motors, seeking to counter its image as a laggard in fuel-efficient vehicles, has switched plans for future gasoline-electric hybrid models, putting a stronger system than had been planned in its large sport utility vehicles, GM sources said. 

5 000 workers to join Acsa strike today

By: Martin Czernowalow     7th November 2003 An additional 5 000 workers from the aviation sector are expected to join the South African Trade and Allied Workers Union’s (Satawu) strike action at the Airport Company South Africa (Acsa) today, a union representative told Engineering News Online. 

Consultant appointed to IDC citrus fruit study

By: laurian clemence     7th November 2003 The State-owned Industrial Development Corporation (IDC), which sent out a tender calling for environmental specialists to conduct a study into the impact of establishing a citrus orchard in KwaZulu-Natal, has confirmed to Engineering News Online that it has selected a consultant. 

Lodge planned for historic 'Valley of the Kings'

7th November 2003 Preparations are under way for the development of the first-ever tourist lodge to be built on the the historic 'Valley of the Kings' or Emakhosini Valley site in KwazuluNatal. 

Business confidence at 17-year high

By: laurian clemence     7th November 2003 The South African Chamber of Business (Sacob) reported yesterday that its business confidence index (BCI) for October surged once again to the highest level since 1986. 

State to review SA public holidays

By: Martin Czernowalow     7th November 2003 The South African government yesterday announced a task team, made up of representatives of various State departments, that will review the calendar of the country’s public holidays. 

PPC reports solid earnings

7th November 2003 South African cement producer Pretoria Portland Cement (PPC) expressed satisfaction with its financial results for the year ended September 30 yesterday, saying the solid performance could mainly be attributed to the stronger-than-expected growth in retail and infrastructure spending in South... 

IFC approves investments in Caspian oil projects

6th November 2003 The International Finance Corporation, the private sector arm of the World Bank Group, yesterday approved investments in the Azeri-Chirag-Deepwater Gunashli (ACG) Phase 1 oilfield and the Baku-Tbilisi-Ceyhan (BTC) pipeline. 

Isis completes restructuring programme

6th November 2003 Information technology (IT) group Isis Information Systems, a subsidiary of the Altech group, has announced the successful completion of a restructuring programme that sees the ‘new look’ company focusing on telecommunications. 

Supply chain business unbundled from IQ group

6th November 2003 The supply chain division of the IQ Business Group, IQ Commerce, has been unbundled from the group and will now operate as an independent business rebranded as Volition. 

SA aviation-technology for Seychelles airport

6th November 2003 Aviation technology group Grintek Aviation Systems yesterday reported that it had received a contract from the Seychelles International Airport for an instrument landing system (ILS). 

Action taken to preserve historic Joburg post office

6th November 2003 The Johannesburg Property Company (JPC) is facilitating a R2-million project to ensure the protection and preservation of one of Joburg’s oldest inner-city landmarks, the Rissik Street Post Office. 

Gilder unveils Home Affairs turnaround plan

By: laurian clemence     6th November 2003 Department of Home Affairs director-general Barry Gilder yesterday released details of a turnaround strategy for the department, and highlighted key challenges that still lay ahead. 

Motorola awarded Tshwane two-way radio contract

6th November 2003 In line with its drive to ensure reliable and effective communication across municipal services, the City of Tshwane Metropolitan Municipality (one of the largest municipalities in South Africa) has awarded its annual tender for the supply of two-way radio equipment to Motorola. 

Gas market goes global as LNG trade surges

6th November 2003 A global gas market is emerging as rising demand forces the US and the European Union to look further afield for supplies as their local reserves dwindle, a senior executive at Royal Dutch/Shell said yesterday. 

SA inequality under the microscope

6th November 2003 South Africa's African National Congress (ANC) says it has reduced inequality in a society with some of the widest income chasms on the planet. But some analysts - and a body of research - cast doubt on this assertion by the governing party, made ahead of general elections in 2004 that will... 

Citadel favours resource stocks, property

6th November 2003 South Africa's property and resource sectors are among the most favoured by fund managers for high net worth individuals, Citadel Investment Services said yesterday. 

Russia shows interest in Mafikeng airport

6th November 2003 Russia has expressed interest in establishing an aircraft repair and maintenance centre at the Mafikeng Airport, in the North West. 

New telecoms standard increases optical fibre capacity

6th November 2003 Telecoms companies, the International Telecommunications Institute (ITU), and delegates from government and industry have agreed on a new global standard that will allow network operators to increase the capacity of optical fibre. 

UK trade mission sees SA as ‘economy of the future’

6th November 2003 The leader of a UK trade mission visiting Johannesburg, Durban and Cape Town, from November 15 to 26, has emphasised the value of developing trade links with South Africa, describing it as "an economy of the future". 

Slow trade growth calls for return to stalled talks

6th November 2003 Fuelled by strong import demand in developing Asia, transition economies and the US world trade recovered in 2002 from its steep 2001 decline. 

Allegations of irregularities in two parliamentary tenders

By: Martin Czernowalow     6th November 2003 Two parliamentary tenders are being called into question by unsuccessful bidders, Engineering News Online can exclusively report. 

Sentech gets ready to delivery wireless services

5th November 2003 South African technology group Sentech announced yesterday that the market for broadband wireless services has arrived in South Africa. 

Chapman’s Peak resurface contract advances

5th November 2003 South African hot mix asphalt supplier, Much Asphalt, announced yesterday that it has been awarded the contract to supply 11 000 t of hot mix asphalt for the reconstruction of scenic Chapman’s Peak Drive in Cape Town. 

Joburg ready to grow tourism

5th November 2003 South Africa’s largest city and commercial capital, Johannesburg, has completed a successful re-branding exercise and is now ready to grow its tourism. 

Power line telecoms solution launched

By: laurian clemence     5th November 2003 Telecoms equipment firm Grintek Telecom yesterday announced the local launch of a new power line communications (PLC) system, which it will distribute through a partnership deal with Cybercom International. 

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