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Exxaro will support any ‘sustainable’ plan for restarting Arnot 
By: Terence Creamer 26th January 2017 Mining group Exxaro says it will be guided by Eskom on the future of the Arnot coal mine, in Mpumalanga, which was closed after Eskom’s contentious December 31, 2015, decision not to renew a 40-year coal supply agreement (CSA) with Arnot, an Eskom-tied mine operated by Exxaro. The termination of... →
New ICT policy could throw industry into tailspin, warns analyst 
By: Natasha Odendaal 25th January 2017 Despite the positive, well-intended rationale behind South Africa’s new National Integrated Information and Communication Technologies (ICT) Policy White Paper, the implementation of the policy could turn the industry on its head and into untested, questionable territory. The implementation of... →
Anglo confident of ‘favourable outcome’ with Eskom on sale of three tied coal mines
By: Terence Creamer 25th January 2017 Mining group Anglo American says it has held discussions with and continues to engage with Eskom, government and potential bidders on its plan to exit its Eskom-tied mines – Kriel, New Denmark and New Vaal. Responding to Eskom interim CEO Matshela Koko’s insistence that Eskom had assets at the... →
Investment key to raising South Africa’s lagging growth potential – World Bank
By: Terence Creamer 17th January 2017 The World Bank says raising private investment in South Africa will be critical to increasing the country’s growth potential above its current estimate of only 1.3%, which is well below the National Development Plan’s (NDP’s) aspiration of 5.4% a year. In its ninth South Africa Economic Update,... →
Organic growth in local companies to boost employment, but scarce skills a concern – PwC
By: Megan van Wyngaardt 17th January 2017 Amid the country’s rising unemployment rate, 83% of South African CEOs are confident about their company’s prospects for revenue growth over the next year, which will result in an increase in headcount. In its eighth South African edition of the yearly Global CEO Survey, financial services firm... →
Ford South Africa recalls Kuga model
By: Anine Kilian 16th January 2017 Ford South Africa has recalled its 1.6 litre Ford Kuga model. CEO Jeffrey Nemeth on Monday said the recall was limited to 1.6 litre models manufactured in Valencia, Spain, between December 2012 and February 2014. About 4 556 vehicles will be affected by the safety recall. →
Draft new built environment regulations to be completed by financial year-end – Nxesi
By: Anine Kilian 13th January 2017 The Department of Public Works (DPW) is reviewing “outdated” legislation that regulates the built environment. Addressing media on the sidelines of a DPW bursary awards ceremony in Centurion, on Friday, Public Works Minister Thulas Nxesi noted that the department intends to have new built... →
2016: Year of Orwellian manipulation
By: Aubrey Matshiqi 16th December 2016 We must declare 2016 the year of Orwellian manipulation. For the purposes of this article, Orwellian manipulation is about presenting falsehoods as truths, and truths as falsehoods. The aim is to distort political reality and, thereby, change the political environment to the disadvantage of... →
New gas projects will be economical – Aurecon
By: Victor Moolman 15th December 2016 With two major gas-to-power projects under way in the country, consulting company Aurecon believes that the two, possibly three, gas power stations associated with the projects can be economical as existing infrastructure can be used to support them. →
Locally designed cot promotes functionality in paediatric care, potential niche market
By: Megan van Wyngaardt 13th December 2016 A display of engineering creativity has earned industrial design firm Praestet a contract to supply 50 of its Symba paediatric beds to the Nelson Mandela Children’s Hospital (NMCH), with three beds already delivered to the Parktown-based paediatric hospital. An improvement on the old “cage bed”... →
South Africa must wake up to fuel cell race or risk losing out
By: Megan van Wyngaardt 9th December 2016 South Africa is in a global race in fuel cell development and should not consider itself “special”, as there are a number of other countries that could reap benefits from their fuel cell plans far sooner, an analyst warned on Friday. Speaking during a panel discussion on the impact of fuel cell... →
Power instability leads to security technology changes in South Africa
By: Victor Moolman 9th December 2016 Owing to South Africa’s power instability, smart technology and solutions provider Jasco Group says it has designed solar-powered security systems. →
Sasol shows off new corporate head office
By: Megan van Wyngaardt 6th December 2016 The final phase of global chemicals company Sasol’s new headquarters, Sasol Place, in Sandton, its tenth floor, was commissioned on Monday. This not only houses its group executive suites, but also hosts the company’s engagement facilities. This completes the 11-storey, 47-m-tall office complex,... →
Liberty lists new Reit, raises nearly R4bn
By: Natasha Odendaal 6th December 2016 Liberty Group on Tuesday successfully unbundled and listed a portion of its property portfolio on the JSE’s main board as real estate investment trust (Reit) Liberty Two Degrees (L2D), raising some R3.8-billion. The Amelia Beattie-led Reit raised R3-billion at listing price from invited investors... →
Ekurhuleni excited to activate Aerotropolis project as part of wider 5-year plan
2nd December 2016 Ekurhuleni metropolitan municipality is excited to finally acquire a comprehensive plan for the much anticipated Aerotropolis project announced two years ago. The Aerotropolis project is one of the important projects the city is spearheading, amongst others it has unveiled as part of its... →
Seacom’s business unit gains traction
By: Natasha Odendaal 30th November 2016 Pan-African telecommunications firm Seacom has gained better-than-expected momentum in its quest to grow its enterprise segment, with the well received establishment of the second unit opening up the East African market. The business unit, which launched its full set of business offerings to the... →
Govt, business and labour to up partnership game in 2017
By: Natasha Odendaal 29th November 2016 The partnership between civil society, labour, business and government that recently averted a near-downgrade of South Africa’s investment rating will “lift its game” next year to ensure that citizens start to experience change, according to Finance Minister Pravin Gordhan. Speaking at a World... →
Signs of hope in South Africa’s struggling agriculture sector
By: Anine Kilian 25th November 2016 The agriculture sector contributes about 1.6% to South Africa’s gross domestic product (GDP), below the 2.2% contribution that is needed for the sector to remain sustainable, Agricultural Business Chamber (Agbiz) CEO Dr John Purchase said on Friday. Addressing delegates at a conference focused on... →
Company supports plastic waste management
By: Sascha Solomons 25th November 2016 As part of its corporate social responsibility (CSR), plastic pipes manufacturer DPI Plastics will sponsor the inaugural African Marine Waste Network (AMWN) conference next year. The AMWN was launched in July this year by the Sustainable Seas Trust (SST), plastics industry representative... →
Tiger Brands posts higher income despite inflationary pressure
By: Megan van Wyngaardt 23rd November 2016 The prolonged drought and significant currency volatility has contributed to significant inflation in raw material input costs for JSE-listed fast-moving consumer goods producer Tiger Brands in the financial year ended September 30. The higher costs impacted the grains and groceries divisions, in... →
Sasol unveils R1.1bn polypropylene expansion project
By: Megan van Wyngaardt 21st November 2016 Petrochemicals group Sasol on Monday inaugurated its C3 expansion project, which enables it to expand Secunda Chemicals Operations polypropylene production by 103 000 t/y to just over 625 000 t/y. The R1.1-billion, Secunda-based project was lauded as a major capital investment in tough economic... →
Minimum wage adds stability that local economy needs – Jonas
By: Megan van Wyngaardt 21st November 2016 The newly proposed national minimum wage of R3 500 will not only establish greater labour stability in South Africa, but it will also evoke positive collaboration between business, labour and government, Deputy Finance Minister Mcebisi Jonas said on Monday. Speaking on the sidelines of a media... →
Clover opens R40m visitors centre
By: Anine Kilian 15th November 2016 Dairy products and juice manufacturer Clover on Tuesday launched its R40-million visitors centre at its factory in Clayville, Midrand – the first such centre in the South African dairy industry. The facility, which took three years to complete, will be open to the public from February 2017. →
Transnet to terminate Trillian relationship, seeks Futuregrowth apology
By: Terence Creamer 7th November 2016 State-owned logistics group Transnet will be terminating its relationship with both Trillian Capital and Regiments Capital in light of the current fallout surrounding the two companies – developments that are reflected in the Public Protector’s ‘State of Capture’ report and is currently also the... →
Transnet sets up R20bn acquisitions war chest, as it pulls in capex horns
By: Terence Creamer 7th November 2016 State-owned freight logistics group Transnet has set aside a R20-billion war chest for mergers and acquisitions inside South Africa and the rest of the continent, owing to “limited” prospects for organic growth domestically. Specific merger and acquisition (M&A) targets have been identified as... →
OR Tambo first African airport to implement digital security checkpoint
By: Megan van Wyngaardt 4th November 2016 To improve passenger security and speed up the process of moving through airport security checkpoints, the OR Tambo International Airport will implement a new digital security system – the first airport in Africa to do so. The pilot implementation of the Scarabee smart security system, which uses... →
Countdown to Kalahari land speed record attempt begins
By: Irma Venter 4th November 2016 It is a few minutes shy of twelve and the heat shimmers like water on Hakskeen Pan. Royal Air Force wing commander Andy Green gets behind the wheel of a maroon Geely Boyue, journalists in tow, and chases down the pan at 160 km/h – a mere fraction of the speed at which he will travel here next... →
Emotional Molefe weighs judicial review and future after damning Public Protector report
By: Terence Creamer 3rd November 2016 Eskom CEO Brian Molefe has indicated that he is weighing his future options as head of the State-owned electricity producer following the release of a Public Protector report, which raises serious questions about his role in facilitating a coal deal involving Tegeta, a mining company linked to... →
New holdings group unveils prototype point-of-entry water filtration system
By: Natasha Odendaal 1st November 2016 CrossAfrica Holdings is leveraging its official launch this week as a platform to unveil its new Cleansui water filtration system prototype under its newly established standalone subsidiary CrossAfrica Water Solutions. The holdings group will on Thursday showcase a prototype point-of-entry... →
Logistics Barometer highlights paradox of local industry
By: Megan van Wyngaardt 27th October 2016 If South Africa invests more in beneficiating more of its raw materials, the logistics costs relative to gross domestic product (GDP) will drop, which will, in turn, contribute to job creation and grow the economy, Stellenbosch University (SU) logistics professor Jan Havenga said on Thursday. For... →
SAP opens new co-innovation lab to bolster relevant innovation
By: Natasha Odendaal 26th October 2016 South Africa has become home to enterprise application software firm SAP’s seventh Co-Innovation Lab, or ‘Coil’, aimed at promoting innovative, locally relevant solutions through the unification of different ideas, tools and technology. The new lab, ceremoniously opened in Sandton, on Wednesday,... →
Stronger institutions can save South Africa from ratings downgrade
By: Megan van Wyngaardt 20th October 2016 Reserve Bank Governor Lesetja Kganyago on Thursday warned that the threat of a downgrade to South Africa’s investment-grade rating remained. Addressing delegates at this year’s South African Chamber of Commerce and Industry convention, he pointed out that political uncertainty, along with falling... →
New cashless ticketing system eyed for Gauteng’s taxis
By: Natasha Odendaal 17th October 2016 The South African National Taxi Council’s commercial arm TaxiChoice on Monday unveiled its new cashless e-ticketing system for minibus taxis that contributes to the formalisation of the industry and its employees. The new FairPay electronic fare collection system, which was lauded by Gauteng... →
Community challenges seen as business opportunities for women – GEP
By: Megan van Wyngaardt 10th October 2016 Women entrepreneurs must use their environment and the immediate challenges facing their communities as drivers of business, Gauteng Enterprise Propeller (GEP) CEO Leah Manenzhe said on Monday. Manenzhe told delegates at the Gauteng Young Women in Business Breakfast Dialogue – which aims to... →
Construction starts on 100 MW Kathu Solar Park
By: Megan van Wyngaardt 7th October 2016 Ground was broken this week at the R9-billion, 100 MW Kathu Solar Park concentrated solar power (CSP) project, in the Northern Cape, which is set to be one of the largest projects of its kind in the country. The parabolic-trough technology plant, which is being developed by an Engie-led... →
Mashaba eyes Jhb Inner City revival as small business launchpad
By: Natasha Odendaal 4th October 2016 Newly elected Johannesburg executive mayor Herman Mashaba on Tuesday vowed to breathe life back into Johannesburg’s Inner City and create a platform of opportunities for smaller businesses and entrepreneurs to thrive. In what is a rapidly transforming urban space of mixed development types, which... →
Mercedes-Benz unveils electric brand; first car to launch by end-2020
By: Irma Venter 4th October 2016 Mercedes-Benz will go electric – and in a big way. The German carmaker has launched a new product brand for electric mobility under the name EQ, which stands for ‘electric intelligence’. →
Monsanto opens revamped plant breeding centre
By: Megan van Wyngaardt 30th September 2016 Sustainable agriculture company Monsanto on Friday opened its R15-million renovated breeding centre, in Petit, near Benoni. The breeding centre is located on a 300 ha maize farm and hosts new offices, which are more than double the size of the original office, and an audiovisual boardroom that... →
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