http://www.engineeringnews.co.za
R/€ = 16.77 Change: 0.05
R/$ = 14.24 Change: 0.08
Au 1201.40 $/oz Change: -6.82
Pt 830.00 $/oz Change: -6.99
 

Latest News

Metals, engineering collective agreement to be submitted for gazetting

By: Simone Liedtke     4th September 2018 Parties to the Metals and Engineering Industries Bargaining Council (MEIBC) have voted in favour of the extension of the three-year agreement reached in the metals and engineering sector in 2017. Steel and Engineering Industries Federation of Southern Africa (Seifsa) operations director Lucio... 

African rail industry urged to adopt concepts of Fourth Industrial Revolution

By: Nadine James     4th September 2018 The African rail industry must adopt the concepts and develop the technologies of the Fourth Industrial Revolution to facilitate, and realise, the industrialisation aspirations of the continent, delegates attending a South African Heavy Haul Association (SAHHA) technical workshop, on Tuesday,... 

Mpact trials aluminium, plastic recyclate construction board manufacturing

By: Marleny Arnoldi     4th September 2018 Paper and packaging company Mpact is running manufacturing trials at its plant, in Benoni, Gauteng, to manufacture construction boards and pallets made from recycled aluminium and plastic. The aluminium and plastic are offcuts from liquid packaging that is recycled at the company’s paper mill in... 

Mpact trials aluminium, plastic recyclate construction board manufacturing

Water dept, stakeholders continue to seek solutions to Vaal river pollution

By: Simone Liedtke     4th September 2018 The Department of Water and Sanitation (DWS), together with the Gauteng provincial government, the Sedibeng district municipality and the Emfuleni local municipality say they remain seized with finding solutions to deal with pollution of the Vaal river. The Vaal river and Vaal dam, as critical... 

Serious questions being asked about decision to cap fuel price increase

By: Terence Creamer     4th September 2018 Questions are being asked about Energy Minister Jeff Radebe’s decision to approve an “urgent temporary fuel price intervention” leaving prices unchanged for September, apart from a 4.9c/l increase in the retail margin for petrol to accommodate wage increases for forecourt staff. Ahead of the... 

Serious questions being asked about decision to cap fuel price increase

Mantashe pleased with mining contribution to GDP

By: African News Agency      4th September 2018 The mining and quarrying sector contribution to the gross domestic product (GDP) bode well for the sector and indicated a commodity boom may be imminent, Mineral Resources Minister, Gwede Mantashe, said on Tuesday. Statistics South Africa said on Tuesday that mining and quarrying industry... 

Mantashe pleased with mining contribution to GDP
Photo by Creamer Media
Mineral Resources Minister Gwede Mantashe

Water dept transfers R30m to Rand Water for War on Leaks programme

By: Simone Liedtke     4th September 2018 The Department of Water and Sanitation (DWS) has transferred R30-million to Rand Water for the War on Leaks (WoL) programme. The DWS noted in a statement on Tuesday that the money will assist Rand Water, as the implementing agent, to effect stipend payments to trainees. 

GemCap investment allows Linebooker to venture outside South Africa

By: Irma Venter     4th September 2018 African Rainbow Capital Investments subsidiary GemCap has acquired online transport management business Linebooker from the Oceana Group for an undisclosed amount.   “The investment by GemCap is significant in that it gives us the scope and capital to expand our service offering and logistical... 

 GemCap investment allows Linebooker to venture outside South Africa
Nick Hoffman

Distressed SA market to be offset by UK acquisitions, says WBHO

By: Irma Venter     4th September 2018 A South African construction company that still makes a profit is a rare sight these days, yet Wilson Bailey Holmes-Ovcon (WBHO) this financial year yet again managed to buck the depressing trend of failing domestic construction companies, owing largely to gains made in geographies outside South... 

Distressed SA market to be offset by UK acquisitions, says WBHO
Louwtjie Nel

More than 100 commuters injured in Joburg train collision

By: African News Agency      4th September 2018 Metrorail has said that a total 112 commuters, mostly without valid train tickets, sustained minor injuries and seven with serious but not critical injuries are receiving medical attention at four local hospitals after a collision between two passenger trains in Johannesburg. This comes after a... 

South Africa in recession for first time since 2009; rand slumps

By: Reuters     4th September 2018 South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday, in a stinging blow to President Cyril Ramaphosa's efforts to revive the economy after a decade of stagnation. Statistics South Africa said the economy contracted by 0.7% quarter-on-quarter,... 

South Africa in recession for first time since 2009; rand slumps

In latest clash, Nigeria hands South Africa's MTN $2bn tax bill

By: Reuters     4th September 2018 MTN Group faces a $2-billion demand for taxes in Nigeria, the latest in a series of skirmishes with authorities in the South African mobile phone company's most lucrative but increasingly problematic market. The announcement of the tax bill incurred over the last decade comes days after the west... 

Fairvest maintains solid results for FY18

By: Simone Liedtke     4th September 2018 South African real estate investment trust Fairvest Property on Tuesday announced solid results for the year ended June 30, with annual distributions increasing by just over 9.9% to 20.15c a share. Fairvest continues to deliver sector-beating growth in distributions, while advancing the portfolio... 

South Africa in technical recession as second quarter GDP falls

By: News24Wire      4th September 2018 South Africa has officially entered a technical recession, after Stats SA announced on Tuesday that the country's real gross domestic product (GDP) had decreased by 0.7% in the second quarter of the year. This follows a GDP contraction of 2.2% in the first quarter. A technical recession is two... 

South Africa in technical recession as second quarter GDP falls

Exclusion of new nuclear power capacity not deliberate – Radebe

By: African News Agency      4th September 2018 The decision to shelve plans to build new nuclear power plants was not based on principle but price and reduced electricity demand, Energy Minister Jeff Radebe said on Tuesday.  "We have not deliberately left nuclear out but it is not in the plan due to lower demand and lower cost of other... 

 Exclusion of new nuclear power capacity not deliberate – Radebe
Energy Minister Jeff Radebe

Unions call for full investigation into explosion at Rheinmetall Denel Munition plant

By: Rebecca Campbell     4th September 2018 Rheinmetall Denel Munition (RDM) has confirmed that the fatal explosion which rocked its Somerset West plant, in the Western Cape, on Monday took place in the propellant operations building. “During operations an explosion occurred and destroyed the entire building and the immediate surrounding... 

Hotel group Hilton opens $100m Society Business Park in Zambian capital

By: African News Agency      4th September 2018 Luxury hotel group Hilton has opened the refurbished 20-floor mixed-use development Society Business Park which houses Hilton Garden Inn in the Zambian capital Lusaka. In 2011, Zambia National Building Society (ZNBS) and the National Pension Scheme Authority (NAPSA) entered into a 20-year... 

MTN says concludes sale of MTN Cyprus to Monaco Telecom

By: African News Agency      4th September 2018 South Africa-based multinational mobile telecommunications company MTN said on Tuesday it had concluded the sale of 100% of MTN Cyprus to Monaco Telecom. MTN announced on July 16 that its wholly owned subsidiary, MTN Dubai Limited, had entered into an agreement for the deal. 

SABS gears up to restart partial testing in response to industry frustration

By: Terence Creamer     4th September 2018 The South African Bureau of Standards (SABS), which was placed under administration by Trade and Industry Minister Dr Rob Davies earlier this year, intends lifting its two-year moratorium on the partial testing of product conformance, also referred to as customer specific requirement testing. The... 

SABS gears up to restart partial testing in response to industry frustration
Photo by Creamer Media
SABS acting CEO Garth Strachan

Eight killed in blast at South African munitions depot

By: Reuters     3rd September 2018 At least eight people were killed in an explosion at a South African munitions depot in Somerset West, near Cape Town, but the cause of the incident was still unknown, a fire and rescue official said on Monday. The blast occurred at Rheinmetall Denel Munition (RDM) depot, a joint venture between... 

Absa PMI falls to 18-month low in August

By: Marleny Arnoldi     3rd September 2018 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) has declined from a solid 51.5 points recorded in July to 43.4 in August – its lowest recorded level in 18 months. The deterioration was driven by sharp declines in the new sales orders index, as well as the business activity index;... 

Absa PMI falls to 18-month low in August

Sasol launches contingency plan in light of Solidarity strike over share scheme

By: Simone Liedtke     3rd September 2018 Petrochemicals company Sasol on Monday said it had activated contingency measures to minimise potential disruption to its operations, in light of trade union Solidarity’s plans to strike. Currently, parts of Sasol’s Secunda and Sasolburg operations are undergoing planned maintenance shutdowns,... 

Go Life acquires Wellness Brands, other Ascendis Health assets

By: Marleny Arnoldi     3rd September 2018 JSE-listed Go Life International and its subsidiary Go Life Healthcare have entered into two agreements with Ascendis Health, to acquire the Wellness Brands – the Biobalance, Foodstate, Osteoflex and Homeoforce brands – and 100% of the shares and claims in Sportron, Heritage Resources, Ascendis... 

Datatec subsidiary acquires Cape Town-based Clarotech

By: Simone Liedtke     3rd September 2018 JSE-listed technology firm Datatec’s Logicalis South Africa subsidiary has acquired Cape Town-based Clarotech. Clarotech offers Internet protocol telephony and call centre cloud and managed services to small and medium-sized businesses (SMBs) in the region. 

Dinosaurs dominate South African Mint’s 2018 Natura Palaeontology Collection

By: Simone Liedtke     3rd September 2018 The South African Mint on Monday unveiled the five-coin Palaeontology Collection in 24 ct gold. The collection brings to life the ‘archosauria’, which comprise crocodiles, pterosaurs, dinosaurs and birds or the ruling reptiles that roamed and soared freely in Southern Africa about 200-million... 

Dinosaurs dominate South African Mint’s 2018 Natura Palaeontology Collection

New-vehicle market drops by 2.5% in August, exports up 7.7%

By: Irma Venter     3rd September 2018 The South African new-vehicle market declined by 2.5% in August, to 47 964 units, compared with the same month last year. The newest sales numbers, released on Monday, indicate that August new-passenger car sales decreased by 2.2%, to reach 31 447 units. 

New-vehicle market drops by 2.5% in August, exports up 7.7%

Investec Property to develop R2bn mixed-use precinct at Wanderers Golf Club

By: African News Agency      3rd September 2018 The Wanderers Golf Club has unveiled plans to develop a R2-billion 1 ha mixed-use precinct in Johannesburg's northern suburbs located in Illovo, between Sandton and Rosebank, in partnership with Investec Property. The proposed development will include high-end commercial office space, luxury... 

Energy Department intervenes to keep petrol price increase down

By: News24Wire      3rd September 2018 On Wednesday fuel prices will increase by just 4.9c per litre, the Department of Energy announced on Monday.  This is below the 23c to 25c per litre increase expected by the AA.  

 Energy Department intervenes to keep petrol price increase down

Iran says it plans to boost ballistic, cruise missile capacity

By: Reuters     3rd September 2018 Iran plans to boost its ballistic and cruise missile capacity and acquire modern fighter planes and submarines, the Iranian state news agency IRNA quoted a senior Defence Ministry official as saying on Saturday. News of the military development plans came a day after Iran dismissed a French call... 

Stellenbosch University receives R2.9m grant to develop fire engineering postgraduate degrees

By: Marleny Arnoldi     3rd September 2018 Stellenbosch University’s Fire Engineering Research Unit (FireSUN) has received a grant of R2.9-million from Lloyd’s Register Foundation, to develop Africa’s first-ever postgraduate programme in fire engineering. This will help provide the expertise needed to keep the African continent safe in... 

Stellenbosch University receives R2.9m grant to develop fire engineering postgraduate degrees

Inequality, poverty worsening as broader unemployment rate rises – Uasa

By: Marleny Arnoldi     3rd September 2018 Despite South Africa’s past goals and targets to find solutions to its unemployment crisis, such as the government’s plan to halve unemployment by 2014, the unemployment rate is not declining at all. Instead the number of unemployed people has increased from 6-million to 9.6-million between... 

Gordhan: Fuel prices will rock SOEs

By: News24Wire      3rd September 2018 Public Enterprises Minister Pravin Gordhan has told Parliament that most of the companies in his portfolio will be rocked by the latest fuel price hikes, with exposure to these hikes racking up millions in extra costs.  In a reply sent to Members of Parliament last week, Gordhan said an increase... 

 Gordhan: Fuel prices will rock SOEs
Public Enterprises Minister Pravin Gordhan

Spectrum challenge likely to be resolved by next year

By: Natasha Odendaal     3rd September 2018 South Africa's years-long limbo over spectrum licensing and allocation could possibly be fully resolved by this time next year. Department of Telecommunications and Postal Services (DTPS) director-general Robert Nkuna on Monday promised action on the much-debated subject, as industry becomes... 

China not Africa's new colonial power – Ramaphosa

By: African News Agency      3rd September 2018 South African President Cyril Ramaphosa used his address at the opening ceremony of the Forum on China–Africa Cooperation (FOCAC) in Beijing on Monday to rebut claims that China was becoming Africa's new colonial power. "In the values that it promotes, in the manner that it operates and in the... 

 China not Africa's new colonial power – Ramaphosa
Chinese President Xi Jinping & President Cyril Ramaphosa

World’s most powerful particle accelerator benefits from South African computing expertise

By: Rebecca Campbell     3rd September 2018 South African researchers have played a key role in developing and running the very powerful computer system, and the subsequent data analysis, that supports the Atlas detector in the Large Hadron Collider (LHC), which is the world’s biggest and most powerful particle accelerator. The LHC lies on... 

World’s most powerful particle accelerator benefits from South African computing expertise
Photo by CERN
The Atlas detector in the LHC

Bidvest lifts FY18 HEPS despite volatile market

By: Simone Liedtke     3rd September 2018 JSE-listed services, trading and distribution company Bidvest on Monday declared a final dividend of 301c a share, bringing the total dividend for the financial year ended June 30 to 556c, amid a volatile market, which the company said was characterised by weak economic growth and consumer spend,... 

Listeriosis outbreak officially over – Motsoaledi

By: News24Wire      3rd September 2018 Health Minister Aaron Motsoaledi has announced that the country's listeriosis outbreak is officially over. At a media briefing on Monday, Motsoaledi said that no new cases have been detected in the last three months. "I'm here to announce that we no longer have a listeriosis outbreak." This means... 

Listeriosis outbreak officially over – Motsoaledi
Health Minister Aaron Motsoaledi

NHBRC concludes disciplinary process, three executives implicated

By: Marleny Arnoldi     3rd September 2018 The National Home Builders Registration Council (NHBRC) has concluded a disciplinary process for three out of four executives that were suspected of unethical behaviour. The most serious sanction was a dismissal verdict against the corporate services executive.  

More Latest News

more

Company Article

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