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Sasol proposes new R21bn BBBEE ownership transaction 

By: Anine Kilian     20th September 2017 JSE-listed Sasol on Wednesday announced a proposed new R21-billion broad-based black economic empowerment (BBBEE) ownership transaction, Sasol Khanyisa, which will replace Sasol’s debt-ridden Sasol Inzalo fund, which expires in June 2018. When Sasol Inzalo lapses, it will not be able to... 

Sasol proposes new R21bn BBBEE ownership transaction
Sasol joint president and CEO Stephen Cornell talks about the lessons learned from the Sasol Inzalo transaction and how the proposed new Sasol Khanyisa transaction will be different. Video and editing: Nicholas Boyd.

Big fall in DBSA disbursements partly attributed to renewables stand-off 

By: Terence Creamer     19th September 2017 The Development Bank of Southern Africa (DBSA) recorded a sharp fall in disbursements to R12.4-billion in 2017, from a record R17.1-billion in 2016, but has promised to "step up" its role as a catalyst of development in 2018, setting a R20-billion disbursement target for the year. The development... 

Big fall in DBSA disbursements partly attributed to renewables stand-off
DBSA CEO Patrick Dlamini and Finance Minister Malusi Gigaba on the fall in disbursements in 2017 and plans for a 'step up' in future. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 20.9.2017

Repackaged technology to serve local minerals market well – FLSmidth 

By: Dylan Slater     15th September 2017 The repackaging of established technology to process mined minerals is set to serve the local market well, according to mining and cement process technology company FLSmidth.  

Repackaged technology to serve local minerals market well – FLSmidth
minerals processing technology expert Taavi Orupold tells Mining Weekly about the FLSmidth Refulx Classifier. Video and Editing: Nicholas Boyd.

Afrox sees 22% increase in headline earnings  

By: Anine Kilian     8th September 2017 JSE-listed African Oxygen (Afrox) has reported a 22% rise in headline earnings a share to 93.3c, though this was at the lower end of the company’s recent guidance for the half-year ended June 30. Delivering the company’s financial results presentation in Johannesburg on Friday, CEO Schalk Venter... 

Afrox sees 22% increase in headline earnings
Afrox CEO Schalk Venter unpacks H1 financial results. Video and editing: Darlene Creamer 8.09.2017

Sandvik unveils new R15m local production facility, launches new LHD line 

By: Ilan Solomons     5th September 2017 Mining equipment and services provider Sandvik Mining and Rock Technology on Tuesday officially opened its new R15-million production unit in Boksburg. The opening of the new 1 500 m2 facility, which has ten production bays, coincided with the launch of the 5 t Sandvik LH115L low-profile load... 

Sandvik unveils new R15m local production facility, launches new LHD line
Sandvik Southern Africa sales area VP Simon Andrews and Ekurhuleni mayor Mzwandile Masina discuss the importance of Sandvik’s new production facility

Zest WEG Group achieves Level 2 BBBEE status 

By: Mia Breytenbach     1st September 2017 Motor and controls manufacturer WEG subsidiary Zest WEG Group has taken steps to create a broader-based and more sustainable ownership foundation to ensure its compliance with the new Broad-Based Black Economic Empowerment (BBBEE) Codes of Good Practice, which has seen the group achieve a Level 2... 

Zest WEG Group achieves Level 2 BBBEE status
Zest WEG Group CEO Louis Meiring discusses the group’s new empowerment initiative. Video and Editing: Nicholas Boyd.

Caterpillar inaugurates new Joburg parts distribution centre 

By: Mia Breytenbach     31st August 2017 Caterpillar has officially inaugurated its new parts distribution facility, near Johannesburg, Gauteng. The 60 000 m2 facility consolidated two smaller parts distribution sites – Linbro Park and Isando – and offers several advantages, including enabling the company to work more efficiently, while... 

Caterpillar inaugurates new Joburg parts distribution centre
Caterpillar has officially inaugurated its new parts distribution facility, near Johannesburg, Gauteng. Video and editing: Darlene Creamer 31.8.2017

Unnurtured mining industry will disappear – Sibanye-Stillwater 

By: Martin Creamer     30th August 2017 An unnurtured South African mining industry will disappear, Sibanye-Stillwater CEO Neal Froneman warned on Wednesday, when he slated the regulator for allowing illegal mining activity to spiral out of control and for causing equity risk and the cost of capital to rise, placing mining companies at... 

Unnurtured mining industry will disappear – Sibanye-Stillwater
Sibanye-Stillwater CEO Neal Froneman at company rebranding covered by Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer.

Torre optimistic of future growth after restructure 

By: Natasha Odendaal     30th August 2017 After two years of restructuring, integration and “taking pain” while realigning itself to deliver improvements, JSE-Listed Torre Industries is optimistic of the future as the group starts to show signs of recovery. The industrial group on Wednesday posted stronger improvements in the second half... 

Torre optimistic of future growth after restructure
Torre Industries executive deputy chairperson Jon Hillary discusses the company's restructure over the past two years and delves into future prospects. Date: 30.08.2017 Camerawork and video editing: Nicholas Boyd.

Khato Holdings – growing Africa on time and within budget 

     29th August 2017 With plans to expand further in Africa, South African black emerging design and construction company Khato Civils expects that, in three to five years, 20% of its workload will be attributable to South Africa, while 80% will be based across the rest of the continent.  

Khato Holdings – growing Africa on time and within budget
Khato Civils discusses the growth aspirations of the company in Africa and the need for effective and fast infrastructure delivery on the continent. Camera and Editing: Nicholas Boyd.

Incremental improvements now leading to energy efficiency  

By: Robyn Wilkinson     25th August 2017 Having reached an advanced stage, power generation technology development has slowed worldwide, with companies instead intensifying their focus on the cumulative energy savings that can be realised through intensive equipment modifications and the disciplined application of existing technologies,... 

Incremental improvements now leading to energy efficiency
Zest WEG Group integrated sales executive Johan van Niekerk discusses the group’s energy efficiency technologies. Video and Editing: Lionel da Silva

Unique bevelling, cutting and welding reduces chance of microbial growth 

By: Victor Moolman     25th August 2017 Owing to the existence of pipes and tubes in the food and beverage industry with improper welds – making them more susceptible to the growth of micro bacteria and organisms – industrial product supplier Actum Industrial says the high-quality end results of its Orbitalum orbital cutting, bevelling... 

Unique bevelling, cutting and welding reduces chance of microbial growth
Actum Industrial product manager Werner Smit explains what the E.H. Wachs machines and the Orbitalum machines can do. Video and Editing: Nicholas Boyd.

Sasol review may result in sale or closure of assets, but no ‘fire sale’  

By: Terence Creamer     21st August 2017 Chemicals and energy group Sasol has announced that an asset-review process is under way that could result in the sale, closure or growth of certain assets. However, the JSE-listed company has also stressed that there will be no “fire sale”. Joint president and CEO Bongani Nqwababa reports that... 

Sasol review may result in sale or closure of assets, but no ‘fire sale’
Sasol joint president and CEO Bongani Nqwababa speaks to Terence Creamer about the group's results, asset review, tax shock and strategic outlook. Camera Work & Editing: Nicholas Boyd & Duane Daws. Recorded: 21.8.2017

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn 

By: Terence Creamer     21st August 2017 JSE-listed energy and chemicals group Sasol will approach the Supreme Court of Appeal (SCA) to resolve a tax dispute with the South African Revenue Service (Sars), which has slapped it with assessments for outstanding tax liabilities and penalties worth R12.8-billion. The company made a... 

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn
Sasol CFO Paul Victor on the group's tax dispute with the South African Revenue Service. Camera Work & Editing: Nicholas Boyd. Recorded: 21.8.2017

Act revised to apply tariffs on imported products 

By: Victor Moolman     18th August 2017 Earlier this year, the Preferential Procurement Policy Framework Act (PPPFA) was adapted to include designation of domestic steel, wire and other industry products, and although it came into effect in April, the South African Wire Association (SAWA) says it is too soon for the steel construction... 

Act revised to  apply tariffs on imported products
SAWA director Keith Campbell explains what the effect of the Preferential Procurement Policy Framework Act will be on the industry. Video and Editing: Nicholas Boyd.

Diverse assets for infrastructure in demand 

By: Marleny Arnoldi     18th August 2017 In the commercial and industrial property development space, as well as its supporting infrastructure, there is demand for high-quality, diverse assets with strategic locations and offering optimal planning and design, says consultancy firm WSP.  

Diverse assets for  infrastructure in demand
WSP property team and structures regional director William Johnston discusses the demand for diverse assets in the infrastructure industry.

Think-tank hands over title deeds to residents of Western Cape town  

By: Ilan Solomons     11th August 2017 Think tank the Free Market Foundation’s (FMF’s) Khaya Lam land reform project last month handed over the latest batch of title deeds to residents in the town of Grabouw, in the Western Cape, thereby taking the project’s total title deed handover tally to 1 360. Khaya Lam project manager Perry... 

Think-tank hands over title deeds to residents of Western Cape town
Khaya Lam Land Reform project manager Perry Feldman discusses the Free Market Foundation’s project.

IDC reports strong rise in support for black industrialists as disbursements fall  

By: Terence Creamer     31st July 2017 South Africa’s Industrial Development Corporation (IDC) has announced that its funding approvals have increased to a record R15.3-billion in 2017, but also confirmed that it would not meet a five-year target, set in 2015, of R100-billion in approvals by 2020. Presenting the financials in... 

IDC reports strong rise in support for black industrialists as disbursements fall
Economic Development Minister Ebrahim Patel on plans to equip the IDC to approve at a level of R20-billion a year. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017

Restructuring of Scaw into three standalone entities at an advanced stage 

By: Terence Creamer     31st July 2017 South Africa’s State-owned Industrial Development Corporation (IDC) announced on Monday that the restructuring of its steel subsidiary Scaw Metals into three standalone entities was at an advanced stage, as were plans to secure strategic equity partners (SEPs) for each of the units. Speaking at... 

Restructuring of Scaw into three standalone entities at an advanced stage
IDC CEO Geoffrey Qhena on the envisioned end-State for Scaw Metals. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017

Names of all IDC clients, including politically exposed people, now being made public 

By: Terence Creamer     31st July 2017 The Industrial Development Corporation (IDC) has officially started to publish, on its website, the identities of all of its clients, including those officially identified as politically exposed people (PEPs). This disclosure affects all of the State-owned development finance institution’s... 

Names of all IDC clients, including politically exposed people, now being made public
Economic Development Minister Ebrahim Patel on why the IDC will, from know on, be disclosing the identities of its clients. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017.

Automotive future positive through telematics 

By: Victor Moolman     28th July 2017 The future for automotive fleet management through telematics is positive, says JSE-listed fleet management, insurance telematics and stolen vehicle recovery service provider Cartrack. 

Automotive future positive through telematics
Cartack South Africa CEO Andre Ittmann explains how the systems work and what the benefits are. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Bearings, power transmission giant moves to 5 000 m2 site  

By: Mia Breytenbach     28th July 2017 As part of its business strategy to re-engineer and optimise global operations, bearings and mechanical power transmission solutions provider Timken has opened a new facility in Gauteng. The facility spans almost 5,000 m2 and is home to Timken South Africa’s bearing repair and assembly... 

Bearings, power transmission giant moves to 5 000 m2 site
Timken South Africa MD Kevin Holloway and Timken Middle East, Africa and Turkey MD Sudesh Kumar discuss the advantages and strategic importance of Timken’s new facility. Camerawork: Nicholas Boyd. Editing: Lionel da Silva.

Freight of components can be tracked  

By: Victor Moolman     28th July 2017 To help control import costs and combat the volatile rand, import and working capital specialists Investec Import Solutions’ online client portal BlueLink, offers a complete end-to-end view of your entire import transaction on one platform from order placement through to delivery. 

Freight of components can be tracked
Investec Import Solutions head of corporate accounts Dr Greg Cline explains how the import industry is changing. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Local company to supply wheel assemblies for new BMW X3  

By: Victor Moolman     28th July 2017 Wheel assembly solution provider Wheel Assemblers will supply tyre and rim assemblies for the new X3 (G01) model from German vehicle manufacturer BMW South Africa (SA) to be built in Rosslyn, Pretoria. 

Local company to supply wheel assemblies for new BMW X3
Wheel Assemblers marketing and finance director Dr Johan-Paul Olivier explains how the company will be supplying wheel assemblies for the BMW X3 vehicle. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Spread of counterfeit goods eased through social media  

By: Victor Moolman     28th July 2017 However, he points out that while counterfeiting takes place in these informal markets, the firm has also seen reputable motor parts dealers selling counterfeit goods alongside original-equipment manufacturer (OEM) parts, which is why some OEMs have appointed regulated parts dealers. 

Spread of counterfeit goods eased through social media
Spoor & Fisher partner Paul Ramara explains the dangers and impact of counterfeits. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Technology, digital solutions part of Botswana firm’s microfinance arsenal as it expands across Africa 

By: David Oliveira     28th July 2017 Botswana-based microfinance company Letshego Holdings, which operates in 11 African countries, aims to use technology and digital solutions to affect economic redress in Africa and provide financial inclusion for the continent’s most underserved markets. Letshego MD Chris Low explains that the... 

Technology, digital solutions part of Botswana firm’s  microfinance arsenal as it expands across Africa
Letshego Holdings MD Chris Low discusses the impact of digital technology on improving financial inclusion for Africa’s underserved. Camerawork and Editing: Darlene Creamer.

Training facility to improve skills deficit in artisan industry 

By: Simone Liedtke     28th July 2017 Industrial rope access specialist Skyriders Access Specialists aims to bridge the rope access skills deficit in the artisan industry through offering training at its Midrand-based facility, states Skyriders marketing manager Mike Zinn. 

Training facility to  improve skills deficit  in artisan industry
Skyriders marketing manager Mike Zinn gives a tour of their training facility, in Midrand. Camerawork and Editing: Nicholas Boyd.

Vehicle industry benefits from process range 

By: Victor Moolman     28th July 2017 Since it obtained its licence from heat treating and manufacturing services company Nitrex in Canada, heat treatment specialist P.H. Heat Treatment provides the automotive industry with controlled nitriding and ferritic nitrocarburising processes for automotive components, which form part of the... 

Vehicle industry benefits from process range
P.H. Heat Treatment managing member Cecil B. Zlotnick explains how heat treatment is done to automotive components. Camerawork: Victor Moolman. Editing: Lionel da Silva.

Eskom tariffs in AMSA’s action plan crosshairs as losses spike  

By: Terence Creamer     27th July 2017 Steel producer ArcelorMittal South Africa (AMSA) will approach the National Energy Regulator of South Africa (Nersa) directly with a request for discounted electricity tariffs as part of a multi-pronged business sustainability action plan unveiled after the JSE-listed group slumped to a... 

Eskom tariffs in AMSA’s action plan crosshairs as losses spike
AMSA CEO Wim de Klerk on seeking a new electricity tariff deal from Eskom and Nersa. Camera Work & Editing: Darlene Creamer. Recorded: 27.7.2017

Conservative streak prevailed at ANC policy conference  

By: Aubrey Matshiqi     21st July 2017 At the end of the policy conference of the African National Congress (ANC), President Jacob Zuma declared that the ruling party was more united than it had been when the conference began. In the process of delivering his closing address, he proposed that the loser in the race for the presidency... 

Conservative streak prevailed at ANC policy conference
Aubrey Matshiqi discusses Conservative streak prevailed at ANC policy conference. (Camera & editing: Nicholas Boyd)

Mobile solution launched to great effect  

By: Tasneem Bulbulia     21st July 2017 Specialist business and project management consultancy SSG Consulting has introduced its newly developed mobile application (app) for its KEY360 management software. The app was showcased at the Mobile App Launch breakfast in May at the Johannesburg Country Club. 

Mobile solution launched to great effect
SSG Consulting CEO Steven Golding discusses the KEY360 system. Camerawork and Editing: Nicholas Boyd.

‘Durban’s best kept secret’ honoured for technical excellence  

By: Robyn Wilkinson     21st July 2017 Engineering and project management consultancy Royal HaskoningDHV South Africa was awarded the South African Institution of Civil Engineering (SAICE) Durban branch’s prestigious technical excellence award last month for the design and construction of Main Road 577 (MR577), with SAICE calling it... 

‘Durban’s best kept  secret’ honoured for  technical excellence
Royal HaskoningDHV South Africa provide an overview of the MR577. Video courtesy: RoyalHaskoningDHV

Mercedes-Benz seeks ‘fair share’ of growing bakkie market with new X-Class 

By: Irma Venter     20th July 2017 With a new-bakkie market of roughly 110 000 units a year, Mercedes-Benz South Africa (MBSA) would like to secure its “fair share” of this lucrative, “but highly competitive” segment with the launch of the new X-Class in the local market in the first half of next year, says Mercedes-Benz Vans... 

Mercedes-Benz seeks ‘fair share’ of growing bakkie market with new X-Class
A preview of the new X-Class, to be launched in South Africa in 2018

State capture casts long shadow over Eskom’s results  

By: Terence Creamer     19th July 2017 South Africa’s worst kept corporate secret was confirmed on Wednesday, when Eskom reported a sharp fall in after-tax profits to R888-million in 2017, from over R5-billion in the previous financial year. However, the results were overshadowed by serious allegations of corruption and... 

State capture casts long shadow over Eskom’s results
Interim Eskom CEO Johnny Dladla on his first 21 days and his main priorities for the embattled utility. Camera Work & Editing: Darlene Creamer. Recorded: 19.7.2017

Need for accurate designs of dosing systems 

By: Simone Liedtke     7th July 2017 The designs for dosing systems in the gas and fumes industries have to be accurate to ensure safety, says chemical dosing and pumping applications supplier Packaged Metering and Pumping Solutions (PMPS) technical director David O’Neill. 

Need for accurate designs of dosing systems
Packaged Metering and Pumping Solutions’ David O’Neill talks about the company’s strategies with regards to the fracking process. Camerawork and Editing: Nicholas Boyd.

Agri SA says will not support fracking as set out under current legislation  

By: Anine Kilian     5th July 2017 Agricultural industry association Agri SA says it cannot support government’s continued pursuit of hydraulic fracturing (fracking). Addressing media at a briefing in Centurion, on Wednesday, Agri SA president Johannes Möller said there were still uncertainties with respect to water supply and... 

Agri SA says will not support fracking as set out under current legislation
Agri SA President Johannes Moller talks to Engineeirng News Online about fracking

Agriculture sector needs to take a more futuristic approach for survival in a digital world 

By: Natasha Odendaal     4th July 2017 Technology has the potential to change the future landscape of the agriculture sector if used effectively and if participants are willing to “think bigger”, FutureWorld futurist and entrepreneur Craig Wing said on Tuesday. With ever-changing technologies in the fourth industrial revolution, it is... 

Agriculture sector needs to take a more futuristic approach for survival in a digital world
FutureWorld futurist Craig Wing discusses how technology can benefit the agriculture sector. Video and editing: Nicholas Boyd.

New exchange optimistic of August listing breakthrough 

By: Natasha Odendaal     3rd July 2017 4 Africa Exchange (4AX) has secured a healthy pipeline of potential listings, cross-cutting industries such as agriculture, information technology and tourism and hospitality, besides others, with the first listing scheduled for the end of August or the first week of September. Of about 40... 

New exchange optimistic of August listing breakthrough
4 Africa Exchange CEO Fay Mukaddam discusses the debut of South Africa’s new stock exchange. Date recorded: 3.07.2017. Camerawork: Nicholas Boyd and videoediting: Lionel da Silva.
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