http://www.engineeringnews.co.za
R/€ = 16.13 Change: -0.12
R/$ = 13.73 Change: -0.21
Au 1274.78 $/oz Change: -6.02
Pt 917.50 $/oz Change: -6.00
 

Latest News

Sub-Saharan Africa economic growth to pick up next year

By: Reuters     13th October 2017 Nigeria and South Africa are expected to lift sub-Saharan regional growth next year, a Reuters poll showed, once their central banks cut rates to boost Africa's largest - but sickly - economies. The two economies contribute more than half of sub-Saharan Africa's gross domestic product and the... 

Warning that Cape Town's water outages could cause solar water geysers to 'explode'

By: News24Wire      13th October 2017 Water outages to preselected suburbs by the City of Cape Town could lead to solar water geysers "exploding", an electrical and electronic engineer warned on Thursday. The City on Monday announced that Phase One of its Critical Water Shortages Disaster Plan came into effect which would cause water... 

South African Weather Service battered by faulty equipment, decries CEO

By: News24Wire      13th October 2017 The South African Weather Service (SAWS) has blamed the poor state of their equipment for failing to warn citizens earlier of the stormy weather that devastated parts of Gauteng and KwaZulu-Natal. SAWS CEO Jerry Lengoasa on Thursday said although a severe weather warning for the catastrophic... 

GM, suppliers to invest $500m in Argentina to produce new model

By: Reuters     13th October 2017 General Motors Co and its suppliers will invest a total of $500-million in Argentina operations through 2019 to prepare to produce a new Chevrolet model in 2020, the company said in a statement on Thursday. The company will invest $300-million while its supplier network will invest $200-million... 

Boeing passenger jets have falsely-certified Kobe Steel products-source

By: Reuters     13th October 2017 Boeing Co, the world's biggest maker of passenger jets, has used Kobe Steel products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters. Boeing does not as yet consider the issue a safety problem, the source stressed, but the... 

SA weighs market opportunities as utility-scale battery storage prospects improve

By: Mia Breytenbach     13th October 2017 Following the release of an energy storage technoeconomic study, ‘The South Africa Energy Storage Technology and Market Assessment’, advocating that South Africa requires market preparation to take advantage of growth opportunities in the stationary and mobility value chains of energy storage,... 

SA weighs market opportunities as utility-scale battery storage prospects improve

S Africa’s PUI increases in Q3 2017

By: Sane Dhlamini     12th October 2017 South Africa’s Policy Uncertainty Index (PUI) rose from 53.1 in the second quarter of 2017, to 53.6 in the third quarter of 2017, revealed North-West University School of Economics professors Raymond Parsons and Waldo Krugell. They delivered the results for the third quarter of 2017 in... 

S Africa’s PUI increases in Q3 2017
Professors Waldo Krugell and Raymond Parsons

Political change could spark a surge in investment, says Goldman Sachs

By: Kim Cloete     12th October 2017 South Africa has the potential to achieve a 3% economic growth rate, and 5% in the medium term, if the constitutionalists in the African National Congress (ANC) are elected to lead the country, says Goldman Sachs Southern Africa MD Colin Coleman. “With the right leaders in the right... 

Political change could spark a surge in investment, says Goldman Sachs

Eskom’s credibility, sustainability challenges 

     12th October 2017 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the leadership, credibility and sustainability challenges facing State-owned Eskom. 

Eskom’s credibility, sustainability challenges
Eskom’s credibility, sustainability challenges

R20bn Swazi Rail Link being prepared for presentation to investors before year-end 

By: Terence Creamer     12th October 2017 An expression of interest (EoI) for the R20-billion crossborder Swazi Rail Link infrastructure project between South Africa and Swaziland will be released to potential investors before the end of 2017, South Africa’s Transnet Freight Rail (TFR) and Swaziland Rail confirmed on Thursday. The 150 km... 

R20bn Swazi Rail Link being prepared for presentation to investors before year-end
R20bn Swazi Rail Link being prepared for presentation to investors before year-end. Video and video editing: Darlene Creamer 12.10.2017

'It's now 12 years without proper water' – North West community

By: News24Wire      12th October 2017 Politicians don't work for people, say residents of the settlement of Schaumberg in the North West province. They are going into the rainy season without the water or sanitation services they have been asking for since 2005. Residents of the settlement, which lies between Hekpoort and Skeerpoort,... 

Sanral kicks off series of transformation consultation workshops 

By: Schalk Burger     12th October 2017 The South African National Roads Agency Limited (Sanral) this week hosted 300 construction industry, government and industry association experts at two workshop sessions to discuss the agency’s draft transformation policy and long-term strategy. “These sessions are the first of 30 that will take... 

Abland going green on precinct developments

By: Anine Kilian     12th October 2017 Property developer Abland has two precincts enrolled in the Green Building Council South Africa’s (GBCSA’s) sustainable precint pilot study. The properties are Sandton Gate, on William Nicol drive, in Sandton, and Loftus Park, which is adjacent to Loftus Versfeld sport stadium, in Pretoria.   “At... 

BMG launches R400m World site facility in Gauteng 

     12th October 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg last month. Mia Breytenbach tells us more. 

BMG launches R400m World site facility in Gauteng
BMG launches R400m World site facility in Gauteng

RBPlat puts foot on capex accelerator at Styldrift

By: Martin Creamer     12th October 2017 The total capital expenditure (capex) of Royal Bafokeng Platinum (RBPlat) surged on increased mining and construction activities at the company’s Styldrift 1 project in line with ramp-up plans. The black-owned and controlled, mid-tier platinum group metals producer, which operates the Bafokeng... 

RBPlat puts foot on capex accelerator at Styldrift
Photo by Duane Daws
Royal Bafokeng Platinum CEO Steve Phiri

When Cyril wins, he must send Zuma to live in Nkandla – Gordhan 

By: News24Wire      12th October 2017 When Deputy President Cyril Ramaphosa wins December's African National Congress (ANC) elective conference, he must send President Jacob Zuma to live in Nkandla, former finance minister Pravin Gordhan said on Thursday. Gordhan told a conference in Cape Town that his preferred candidate to become... 

When Cyril wins, he must send Zuma to live in Nkandla – Gordhan
Photo by Reuters
Former Finance Minister Pravin Gordhan

South African market could see ten EV models in 2020, says Audi’s Hill 

By: Irma Venter     12th October 2017 There could be roughly ten battery electric vehicles (BEVs) on sale in the South African market by 2020, estimates Audi South Africa (SA) head Trevor Hill. There are currently two: The Nissan Leaf and the BMW i3. 

South African market could see ten EV models in 2020, says Audi’s Hill
Audi South Africa head Trevor Hill

DTI proposes establishment of State-owned industrial parks association

By: Schalk Burger     12th October 2017 A State-owned industrial parks (SOIPs) symposium, hosted by the Department of Trade and Industry (DTI) on Wednesday, resolved that an SOIP association be formed to support the strategic planning of the SOIPs, while enhancing the business experience for firms operating from the SOIPs. The proposed... 

Even Stats SA could fall to State capture – Gordhan, Jonas 

By: News24Wire      12th October 2017 Statistics South Africa is not immune to the State capture project, former finance minister Pravin Gordhan and his former deputy Mcebisi Jonas said on Thursday. The warning comes as Statistician-General Pali Lehohla is set to step down in October, after 17 years in charge of Stats SA. 

Taste Holdings’ H1 loss widens

By: Schalk Burger     12th October 2017 The brutal and sustained decline in consumer spending across almost all categories that fast food and luxury goods company Taste Holdings trades in has overshadowed operational gains made during the six months ended August 31, Taste Holdings CEO Carlo Gonzaga said in a statement on Thursday. The... 

Equites’ logistics focus proves resilient in H1

By: Mia Breytenbach     12th October 2017 JSE-listed specialist logistics property developer and landlord Equites Property Fund’s distributions a share for the six months to August 31, increased by 12.02% year-on-year to 60.98c, which is at the upper end of the company’s guidance of 10% to 12% distribution growth for the 2018 financial... 

Equites’ logistics focus proves resilient in H1

Verimark achieves revenue growth, but lower profit in H1

By: Schalk Burger     12th October 2017 Consumer products company Verimark’s revenue for the six months to August 31 grew by 13.7% to R209.7-million, but its pre-tax profit decreased to R2.2-million, from R3.9-million during the first half of the prior financial year. The lower profit is owing to an increase in new products, which... 

South Africa to woo investors at IMF meetings

By: Reuters     12th October 2017 South Africa's Finance Minister Malusi Gigaba and central bank governor Lesetja Kganyago head to Washington this weekend to meet ratings agencies and international investors in a bid to boost growth in an economy that is emerging from recession. The Treasury said in a statement on Thursday that... 

South Africa to woo investors at IMF meetings
Photo by Duane Daws
Finance Minister Malusi Gigaba

Eskom facing threats on multiple fronts, Maritz acknowledges

By: Terence Creamer     12th October 2017 Eskom’s newest interim group CEO Sean Maritz has acknowledged that the utility is facing threats on multiple fronts in light of rapid changes to the global electricity landscape and the constrained outlook for domestic electricity sales. However, in a statement calling for “space and time to... 

Eskom facing threats on multiple fronts, Maritz acknowledges
Photo by Duane Daws
Eskom interim group CEO Sean Maritz

KZN local cane farmers rally together to survive

By: African News Agency      12th October 2017 South African sugar cane growers in Amatikulu, northern KwaZulu-Natal, have rallied together to raise enough capital to buy Unitrans’ assets in the two operational areas. Longstanding haulier Unitrans’ ceased cane haulage operations in their area, impacting the income of 50 commercial growers and... 

Minergy’s Botswana coal project given quantity, quality boost

By: Martin Creamer     12th October 2017 Coal mining and trading company Minergy on Thursday reported both a quantity and quality boost to its Masama coal project in Botswana. The company, headed by CEO Andre Bojé, plans to build an opencast coal mine at Masama with the potential to produce 2.4-million tonnes of coal a year. 

Minergy’s Botswana coal project given quantity, quality boost
Minergy CEO Andre Bojé

Tullow buys 90% stakes in four onshore blocks in Côte d'Ivoire

By: Reuters     12th October 2017 Tullow Oil said it on Thursday it had bought 90% stakes in four onshore blocks in Côte d'Ivoire while state oil company Petroci holds the remaining 10%. The four blocks cover 5 035 km2 and are located on the coast, mostly to the west of Abidjan. 

Bunch of old bananas or building materials of the future?

By: Reuters     12th October 2017 Potatoes reborn as insulation, peanuts processed into partition boards and mushroom bricks that grow in five days - just some of the ways the building trade could change its wasteful ways and construct virtuous new cities. In a report released on Wednesday, international engineering firm Arup set... 

China says EU, US trade moves lack awareness of WTO rules

By: Reuters     12th October 2017 China's commerce ministry said on Thursday that the European Union's new trade rules against Chinese imports lacked awareness of World Trade Organization (WTO) rules, urging the EU to abide by those requirements. Ministry of Commerce spokesperson Gao Feng made the remarks at a regular briefing in... 

ASSAf awards Fanaroff a gold medal

By: Anine Kilian     11th October 2017 The Academy of Science of South Africa (ASSAf) has recognised astronomer and former leader of the biggest global science project in Africa, the Square Kilometre Array, Dr Bernie Fanaroff with a gold medal at its annual awards ceremony on October 11. Fanaroff received his PhD in radio-astronomy... 

Transport key to continental integration, says minister 

By: Anine Kilian     11th October 2017 Intercontinental integration is not feasible without transport playing a critical and strategic role in ensuring that African countries are linked through roads, railway lines, shipping routes and air transport connections, says Deputy Transport Minister Sindisiwe Chikunga. Speaking at the... 

Transport key to continental integration, says minister
Deputy Transport Minister Sindisiwe Chikunga talks about intercontinental integration

Embraer to open Johannesburg aviation training centre

By: Schalk Burger     11th October 2017 Aviation systems engineering and manufacturing firm Embraer will open an aviation training centre at the OR Tambo International airport, in Johannesburg, in the first half of next year. The facility will be the first of its kind in Africa to provide this range of training for qualified pilots,... 

CoM shows off potential of rooftop agriculture in Johannesburg inner city

By: Ilan Solomons     11th October 2017 The Chamber of Mines (CoM) on Wednesday hosted the launch of the Urban Agriculture Initiative, which is aimed at creating a vibrant urban agricultural ecosystem by “innovatively” repurposing disused rooftops and making use of hydroponics and aquaponics to produce agricultural produce for... 

CoM shows off potential of rooftop agriculture in Johannesburg inner city
Photo by Chamber of Mines
The Chamber of Mines is participating in and has funded a pilot project to assess the feasibility of growing herbs and vegetables on the rooftops

One year into new trade deal, European commissioner urges South African firms to take fuller advantage

By: Terence Creamer     11th October 2017 European Commissioner for Trade Cecilia Malmström will use her upcoming visit to South African to urge business to take fuller advantage of the recently concluded trade agreement between the European Union (EU) and six Southern African countries. The deal came into force just over a year ago on... 

One year into new trade deal, European commissioner urges South African firms to take fuller advantage
European Commissioner for Trade Cecilia Malmström

Fresh produce market agents, association referred to Competition Tribunal for prosecution

By: Schalk Burger     11th October 2017 Fourteen fresh produce market agents and association, the Institute for Market Agents of South Africa, have been referred to the Competition Tribunal for prosecution in relation to charges of alleged price-fixing and fixing trading conditions in contravention of the Competition Act, the... 

AB InBev focusing on its public interest commitments as it celebrates one year as megabrewer

By: Schalk Burger     11th October 2017 Brewing multinational Anheuser-Busch (AB) InBev has worked hard over the past year to meet its public interest commitments following the business combination with SAB in late 2016, SAB and AB InBev Africa zone president Ricardo Tadeu said in a statement on Wednesday. The public interest... 

South Africa should consider agromining – US professor 

By: Martin Creamer     11th October 2017 South Africans, who have been mining for metals for more than a century, were this week urged to farm for metals. South African-born Stephen Haggerty, a distinguished research professor of Florida International University in the US who spoke to Mining Weekly Online while in Johannesburg, outlined... 

South Africa should consider agromining – US professor
Florida International University distinguished research professor Stephen E Haggerty talks to Mining Weekly Online’s Martin Creamer on the potential to farm for metals. Photographs: Duane Daws. Video and Video Editing: Lionel de Silva.

MPs dismayed as chief procurement officer silent on Eskom contracts

By: African News Agency      11th October 2017 Acting chief procurement officer Willie Mathebula apologised to Parliament’s standing committee on finance on Wednesday for giving a “sub-standard presentation” after members expressed dismay that he claimed no direct knowledge of the withdrawal of a damning report on Eskom’s coal contracts with... 

MPs dismayed as chief procurement officer silent on Eskom contracts

More Latest News

more

Latest Videos

more

Company Announcements

more

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close