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Latest News

State-owned model leaves commercial airlines struggling to compete

By: Marleny Arnoldi     12th April 2018 South Africa has missed out on opportunities in key air travel markets, owing to its reliance on a dominant national carrier and State-owned airports, an executive of privately-owned Lanseria International Airport, north of Johannesburg, said on Thursday. Lanseria operations deputy executive... 

Commission’s LPG Market Inquiry recommendation yields positive outcomes

By: Simone Liedtke     12th April 2018 The Competition Commission has accepted the withdrawal of a complaint by propellants supplier Puregas against liquefied petroleum gas (LPG) manufacturer and supplier Shell Downstream for unfair business practices, after Puregas was able to secure a supply agreement on favourable terms.   In... 

Eskom outlines case for R67bn clawback amid tariff-hike hostility

By: Terence Creamer     12th April 2018 State-owned electricity group Eskom has expressed confidence that its three applications to recoup nearly R67-billion through the Regulatory Clearing Account (RCA) mechanism will succeed, stressing that its submissions are fully aligned to the most recent RCA decision made in 2016 for the 2013/14... 

Eskom outlines case for R67bn clawback amid tariff-hike hostility

SAA fills critical skills gap with key appointments

By: Anine Kilian     12th April 2018 South African Airways (SAA) has announced key appointments to fill the critical skills gap at the airline as it forges ahead with implementing a turnaround plan. Pumla Luhabe was appointed chief commercial officer, Bob Head CFO, Hendus Venter CIO, Mpati Amelia acting chief legal officer and... 

UNTU negotiates 7.1% increase at Transnet

By: Anine Kilian     12th April 2018 The United National Transport Union (UNTU) has signed a 7.1% wage increase agreement for its members at State-owned freight group Transnet. The three-year agreement is backdated to April 1, 2018.   

Texton appoints UK asset manager

By: Anine Kilian     12th April 2018 JSE-listed real estate property fund Texton has appointed James Armstrong as asset manager to oversee its assets in the UK, effective May 1. Armstrong previously held senior positions at Hammerson, Dawnay Day Carpathian and LREC. His extensive multisector expertise includes valuations,... 

Trade union Solidarity believes business rescue essential to save SAA; other unions strongly disagree

By: Rebecca Campbell     12th April 2018 Trade union Solidarity believes that business rescue is the only way that jobs can be saved at embattled State-owned national flag-carrier South African Airways (SAA) and the company put back on a sustainable footing. This was made clear at the media briefing at the union's head office on... 

Trade union Solidarity believes business rescue essential to save SAA; other unions strongly disagree

Fuel cell dozer expected to make game-changing 2019 debut

By: Martin Creamer     12th April 2018 A fuel cell dozer that runs on hydrogen carried in liquid is expected to make a game-changing debut underground next year, Anglo American Platinum (Amplats) CEO Chris Griffith said last night. Speaking at the fortieth African Mining Network dinner, Griffith said third generation development had... 

Fuel cell dozer expected to make game-changing 2019 debut
Photo by Creamer Media
Anglo American Platinum CEO Chris Griffith

Group Five to sell majority stake in SA construction business as losses mount

By: Irma Venter     12th April 2018 Group Five will soon become a minority shareholder in its construction business in South Africa, says CEO Themba Mosai. Speaking on Thursday in Johannesburg at the company’s interim results, he noted that Group Five targeted the sale of 51% of its South African construction business to an... 

 Group Five to sell majority stake in SA construction business as losses mount
Themba Mosai

New Zimbabwe luxury boutique hotel to welcome guests from early 2019

By: Simone Liedtke     12th April 2018 Victoria Falls, in Zimbabwe, will soon boast a new luxury boutique hotel catering for a variety of guests to the region’s famous world heritage site. From early 2019, the new 199 all-suite Mbano Manor Hotel will offer a unique and nature-based travel experience for the global, high-end tourist,... 

Trade conditions remain muted – Sacci

By: Anine Kilian     12th April 2018 South Africa’s trade conditions remained constrained in March with the Trade Activity Index (TAI) of the South African Chamber of Commerce and Industry’s (Sacci’s) Trade Conditions Survey having decreased to 43 in March, from 44 in February. The TAI was also three index points lower than in March... 

Altron’s FY18 earnings up 14% to 18%

By: Natasha Odendaal     12th April 2018 JSE-listed Allied Electronics (Altron) expects to deliver a 14% to 18% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) on a normalised basis for continued operations for the year ended February 28. The continuing operations’ revenue is expected to increase by... 

CCTV cameras deployed to help Cape Town's Shotspotter programme identify shooters

By: African News Agency      12th April 2018 The City of Cape Town on Thursday announced it would now use CCTV cameras in conjunction with its ShotSpotter technology in a bid to identify shooters in areas where the system is installed. "It is hoped that the beady electronic eyes could help identify and locate suspects involved in shooting... 

Investment in Africa’s ports, shipping sector can accelerate economic growth

By: African News Agency      12th April 2018 More strategic investment in Africa’s ports can accelerate growth and development by strengthening trade as these are gateways for 80% of merchandise trade by volume and 70% by value, globally. This is according to an analysis report of port development in sub-Saharan Africa (SSA) issued by the... 

Global trade growth strong but at risk if conflict escalates, WTO says

By: Reuters     12th April 2018 World trade in goods is maintaining a robust recovery, but it still might falter if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday. Trade in goods will grow 4.4% this year after a decade averaging 3.0% a year following the financial crisis.... 

Nersa reappoints part-time regulator members

By: Anine Kilian     12th April 2018 Energy Minister Jeff Radebe has reappointed Jacob Modise, Maleho Nkomo and Fungai Sibanda as part-time regulator members of the National Energy Regulator of South Africa (Nersa). Modise was reappointed as Nersa chairperson and Nkomo as deputy chairperson. 

Pikitup spends over R12m on refurbishing its garden sites 

By: Anine Kilian     12th April 2018 The City of Johannesburg’s waste management company Pikitup is spending more than R12-million on renovating and upgrading its garden sites in line with its strategic objective of encouraging recycling and diverting 97% of waste away from landfill sites.  The entity is refurbishing and upgrading... 

Namibia scraps plan to force white-owned businesses to sell 25% stake to blacks

By: Reuters     12th April 2018 Namibia has scrapped a clause in its economic empowerment framework that would have forced white businesses to sell a 25% stake to previously disadvantaged blacks, President Hage Geingob said on Wednesday. Making the announcement during his state of the nation address, Geingob said a revised... 

Eskom considers sale of mortgage business

By: Reuters     12th April 2018 South Africa's state power utility Eskom is sounding out possible buyers for its mortgage business, a tender document showed on Wednesday, in what would be the first major privatisation deal under President Cyril Ramaphosa. Ramaphosa has made revamping state-owned firms like Eskom a top priority... 

Zimbabwe government buys Boeing planes, leases them to new airline

By: Reuters     12th April 2018 Zimbabwe has bought two Boeing 777 aircraft and an Embraer plane from Malaysia, the finance minister said on Wednesday, adding the planes would be leased to a new local airline until national carrier Air Zimbabwe returned to profitability. Patrick Chinamasa said Harare had agreed with an... 

R350m Menlyn apartment hotel development to open June  

     12th April 2018 After an uncertain start, the Regency – a new upmarket apartment hotel development, situated in Menlyn Pretoria – has entered its final stage of construction. Paige Muller tells us more. 

R350m Menlyn apartment hotel development to open June
R350m Menlyn apartment hotel development to open June

New interim Denel board appointed 

     12th April 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Senior Deputy Editor Rebecca Campbell about the appointment of a new interim board of directors at State-owned Denel and how this might help turn things around at the embattled group. 

New interim Denel board appointed
New interim Denel board appointed

Policy certainty, confidence improved in Q1 – index

By: Marleny Arnoldi     12th April 2018 The North West University’s (NWU’s) Policy Uncertainty Index (PUI) fell below the 50-mark baseline to 49.6 in the first quarter of this year, compared with 55.4 in the fourth quarter of 2017, confirming that South Africa may have turned a corner in its economic fortunes.  

TNPA presents strategy to improve transformation at Island View Precinct

By: Shirley le Guern     12th April 2018 A major shake-up within the Island View Precinct (IVP) in the port of Durban is expected after Transnet National Ports Authority (TNPA) began engaging tenants ahead of the implementation of its new IVP strategy this week. At a press conference following initial engagements with leaseholders and... 

TNPA presents strategy to improve transformation at Island View Precinct
TNPA acting Durban port manager Nokuzola Nkowane

Redstone project to deliver clean electricity to over 200 000 homes

By: Simone Liedtke     11th April 2018 The 100 MW Redstone solar thermal project, in the Northern Cape, which has 12 hours of energy storage capacity, will be able to reliably deliver a stable supply of clean electricity to the equivalent of more than 200 000 South African homes each year. The project, which is adjacent to the 75 MW... 

Rand Water threatens to cut water to Emfuleni municipality over R419m debt

By: News24Wire      11th April 2018 Rand Water has announced that it will once again reduce the bulk water supply to the Emfuleni Local Municipality after it failed to reach a settlement on the payment of the municipality's R419-million debt. Rand Water's Justice Mohale said in a statement on Wednesday that the entity was taking... 

Mistra launches new book on the ethics, applications of nanotechnology

By: Anine Kilian     11th April 2018 The Mapungubwe Institute for Strategic Reflection (Mistra) on Wednesday officially launched its new research book ‘Beyond Imagine: The Ethics and Applications of Nanotechnology and Bio-Economics’, in Pretoria. The book looks at countries like India, where nanotechnology is being supported as a... 

Solidarity worried about impact of US tariffs on South African steel industry

By: Simone Liedtke     11th April 2018 South African trade union Solidarity has expressed its concern about the possible impact of the import tariffs on steel and aluminium products recently announced by the US. The 25% import tariff on steel and the 10% tariff on aluminium affects the South African steel industry directly as the... 

Agreement cements venture to deliver 1 800 MW of wind energy in South Africa

By: Simone Liedtke     11th April 2018 Diversified family owned German renewable energy development and operations company Enertrag has concluded an agreement with South African renewable energy company Genesis Eco-Energy Developments (GEED) for the development of up to 1 800 MW of wind energy capacity in South Africa. This is one of... 

Agreement cements venture to deliver 1 800 MW of wind energy in South Africa
Diversified family owned German renewable energy development and operations company Enertrag has concluded an agreement with South African renewable energy company Genesis Eco-Energy Developments (GEED) for the development of up to 1 800 MW of wind energy capacity in South Africa

Digitisation playing increasingly important role in grid transformation

By: Anine Kilian     11th April 2018 Increasing penetration of renewable energy has had a major impact on power grids all over the world, necessitating the need for digital technologies to handle factors such as variability, ABB power grids division president Claudio Facchin said at the ABB Customer World Africa Conference 2018 on... 

BMW opens R260m regional distribution centre in Midrand

By: Irma Venter     11th April 2018 BMW Group South Africa (BMW SA) has cut the ribbon on its new regional distribution centre at the Waterfall precinct, in Midrand, Gauteng. Project developer Attacq and BMW SA jointly invested around R260-million to create the facility. 

BMW opens R260m regional distribution centre in Midrand

ABB forms digital research, innovation partnership with Wits

By: Schalk Burger     11th April 2018 Power management multinational ABB on Wednesday signed a research and development and innovation partnership agreement with the University of the Witwatersrand (Wits) with the view to support and tap into digital innovation to augment its own research, development and engineering work, said ABB... 

Mpact opens expanded corrugated plant in PE

By: Marleny Arnoldi     11th April 2018 Packaging company Mpact on Wednesday opened its expanded corrugated plant in Port Elizabeth.  

Mpact opens expanded corrugated plant in PE
Mpact Corrugated MD Johan Stumpf

Boeing wins a trifecta of commercial aircraft orders

By: Rebecca Campbell     11th April 2018 US aerospace giant Boeing has announced a series of orders for its commercial aircraft during this month so far. The orders are for 737 MAX 10 single-aisle and 787 Dreamliner wide-body airliners and 777 freighter aircraft. The three deals have a total value of some $19.94-billion. The first... 

Boeing wins a trifecta of commercial aircraft orders
Photo by Bloomberg
A Boeing 777 (in airliner configuration)

Eskom completes air quality control tests at Unit 1 Kusile power plant in Mpumalanga

By: African News Agency      11th April 2018 World-renowned power generation firm, GE Power, announced on Tuesday that it has successfully completed tests for performance of Unit 1 of the Wet Flue Gas Desulphurisation Plant (WFGD) at Eskom’s Kusile newly built plant in Mpumalanga, the first air quality control system of its kind in Africa.... 

IMF chief optimistic on growth, but warns against trade protectionism

By: Reuters     11th April 2018 The International Monetary Fund (IMF) is optimistic on the outlook for global growth but warned darker clouds are looming due to fading fiscal stimulus and rising interest rates, the fund's Managing Director, Christine Lagarde, said on Wednesday. In a speech in Hong Kong, Lagarde said the top... 

South Africa's growth recovery at risk from lack of policy clarity – SARB

By: Reuters     11th April 2018 South Africa's recent economic growth turnaround is unlikely to last as 2017's boom fades and the outlook for reform remains murky, the South African Reserve Bank (SARB) said on Tuesday. The South African economy expanded by a surprising 1% in 2017 as agriculture recovered from a drought the year... 

Bushveld Energy progresses with electrolyte production facility, Eskom VRFB project

By: Marleny Arnoldi     11th April 2018 Bushveld Minerals subsidiary Bushveld Energy has made significant progress with exploiting the commercial opportunity of Vanadium Redox Flow Battery (VRFB) technology within the energy storage market in the first quarter of this year.  

Bushveld Energy progresses with electrolyte production facility, Eskom VRFB project
Photo by Creamer Media
Bushveld Minerals CEO Fortune Mojapelo

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