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South African cities underperforming – Gigaba 
By: Anine Kilian 5th June 2017 Although South African cities are the engines of economic growth, they are not performing as well as they should, Finance Minister Malusi Gigaba said at the Ekurhuleni Investment Conference, on Monday. “One of the major reasons for the insufficient performance of our city economies is related to... →
Continuous improvement concept to increase productivity
By: Simone Liedtke 2nd June 2017 As part of the company’s commitment to stay relevant through innovation, local stainless steel and aluminium cookware manufacturer Hendler and Hart is implementing a substantial two-year re-engineering process, based on the concept of continuous improvement, at its Boksburg manufacturing plant. →
Industry teams up to craft road map for ‘a million new manufacturing jobs’
By: Terence Creamer 29th May 2017 Manufacturing associations across a range of subsectors, including plastics and packaging, chemicals, agroprocessing and steel have endorsed a Manufacturing Circle-led initiative, designed to find ways of creating an additional one-million manufacturing jobs in South Africa. Manufacturing Circle... →
Planned infrastructure development presents milling opportunities
By: Nadine James 26th May 2017 The planned and ongoing infrastructure development taking place locally and on the rest of the continent presents opportunities for securing work for civil and road infrastructure projects, says road milling company Road Milling and Sweeping (RMS). “The number of planned infrastructure projects... →
Quad bikes and side-by-side vehicles used for rough terrains
By: Victor Moolman 26th May 2017 Distributed in South Africa by equipment supplier Smith Power Equipment (SPE), single seater quads and side-by-sides – two-and three-seater vehicles – are used for robust tasks. →
New tube-bending machine launched at MTA 2017
By: Mia Breytenbach 26th May 2017 In collaboration with international tube-bending technology specialist BLM Group, cutting consumable and capital equipment supplier First Cut launched the latest version of the E-TURN32 tube-bending machine at trade exhibition Machine Tools Africa 2017, held in Johannesburg, earlier this month.... →
Uniquely designed industrial gear units supplied to Kazakhstan gold mine
By: Victor Moolman 26th May 2017 An order for 31 MC Series industrial gear units for a major gold mining project in Kazakhstan represents one of the largest orders of its kind in the company’s history, SEW-EURODRIVE South Africa projects head Rudi Swanepoel comments. →
Verimark enters fortieth year with one of its best improved financial performances
By: Natasha Odendaal 23rd May 2017 After some years of static growth and marginal declines, and now in its fortieth year of operation, JSE-listed Verimark on Tuesday reported “one of its best” financial outcomes for the year ended February 28, aided by sales price increases and the strengthening of the rand. Verimark’s headline... →
Thos Begbie’s global quality status boosted by on-the-spot Dekra
By: Martin Creamer 23rd May 2017 The same-site working relationship that Thos Begbie has established with global quality inspectorate Dekra Industrial RSA is giving the prolific exporter of copper castings a commercial edge in its global dealings with mining and smelter-related customers worldwide. Thos Begbie now hosts the... →
Southern Palace outlines vision for radically transformed M&R infrastructure unit
By: Mia Breytenbach 19th May 2017 The newly black-owned construction company, conceived from a R314-million sale agreement between engineering and construction group Murray & Roberts (M&R) and black-empowered Southern Palace Group, aims to build on its 115-year heritage to become a “leading, tier one, infrastructure player in... →
The unravelling of Jacob Zuma
By: Aubrey Matshiqi 19th May 2017 At the memorial service for former President Nelson Mandela, a section of the crowd booed President Jacob Zuma. At the end of last year, former Tourism Minister Derek Hanekom stood up at a meeting of the national executive committee (NEC) of the African National Congress (ANC) and proposed a vote... →
South Africa’s foreign debt downgrade not the worst-case scenario
By: Natasha Odendaal 18th May 2017 Despite the hype around the latest sovereign downgrades, South Africa has not hit rock bottom, nor has it experienced the worst-case scenario – a full downgrade to junk to include local currency debt ratings. Hanging in the balance, in particular, were the potential further downgrades of the... →
Equipment, automotive divisions boost Barloworld’s performance in difficult interim period
By: Megan van Wyngaardt 15th May 2017 Fleet management and logistics solutions company Barloworld on Monday posted a 5% increase in its operating profit for the six months ended March 31, to R1.84-billion, as its automotive division achieved record results and its overall equipment division boasted strong growth amid challenging... →
New CEO Nyati bullish on future of Altron
By: Natasha Odendaal 12th May 2017 As JSE-listed Altron successfully transitioned from a family-controlled and managed business to an independent management structure, newly appointed successor to Robbie Venter, CEO Mteto Nyati on Thursday promised to aggressively drive a strategy aimed at returning the company to its previous... →
Davies promises support for downstream firms as he confirms steel safeguard duty
By: Terence Creamer 8th May 2017 Trade and Industry Minister Dr Rob Davies confirmed on Monday that he had signed off on a hot-rolled coil (HRC) safeguard duty, but refused to be drawn on the duty level proposed until the Word Trade Organisation (WTO) had been notified. Speaking in Johannesburg at the release of the ninth... →
Anti-Zuma campaigners should rather pressure ruling party to eject him
By: Aubrey Matshiqi 28th April 2017 To defeat former President Thabo Mbeki, the coalition that supported the then deputy president of the African National Congress (ANC), Jacob Zuma, did two things. Firstly, they decided to step outside the disciplinary framework of the ANC and created structures outside the ruling party in support... →
Political decisions, downgrades push policy uncertainty into negative territory
By: Anine Kilian 20th April 2017 The North-West University (NWU) School of Business and Governance’s Policy Uncertainty Index (PUI) increased to 51 in the first quarter of this year, putting it in negative territory. The PUI was at 38.8 in the fourth quarter of 2016. An increase to above 50 reflects heightened policy... →
Land Bank sets aside R1bn to support black farming investments in 2017
By: Terence Creamer 20th April 2017 South Africa’s Land Bank has set a target of disbursing “at least” R1-billion in 2017/18 to support investments by black entrepreneurs in the agricultural sector and to begin transforming a loan book that is still overwhelmingly composed of funding to established commercial farmers. Should the... →
New excavator brought to Africa
By: Victor Moolman 7th April 2017 Industrial and agriculture equipment supplier Smith Power Equipment (SPE), last month expanded its Japanese construction equipment product offering in South Africa to include Kubota’s KX080-3S excavator. →
Technology improved on cranes for efficient operation
By: Victor Moolman 7th April 2017 Technological advancements over the years have meant Midrand-based tower cranes and lifting solutions company SA French has been able to install trackers on its crane fleet, ensuring more efficient operations during construction projects. →
South Africa’s institutions need to be protected, strengthened – Jonas
By: Megan van Wyngaardt 5th April 2017 South Africa’s institutions have either been forsaken or deliberately weakened for political expedience, with State transformation becoming so politicised that economics is almost just about political power, former Deputy Finance Minister Mcebisi Jonas said on Wednesday. Speaking a week after... →
Localisation a key ‘policy tool’ for South Africa – Davies
By: Anine Kilian 4th April 2017 Localisation is an important policy tool for industrial development in South Africa and will assist in growing the economy and the manufacturing sector, Trade and Industry Minister Dr Rob Davies said on Tuesday. Speaking at the 2017 Proudly South African Buy Local Summit, in Johannesburg, he... →
New Transport Minister will not interfere in legal proceedings initiated by former PRASA board
By: Megan van Wyngaardt 3rd April 2017 Newly appointed Transport Minister Joe Maswanganyi on Monday said he would not interfere with ongoing court proceedings initiated by the former board of the Passenger Rail Agency of South Africa (PRASA) to have former Transport Minister Dipuo Peters’ decision to dissolve the board set aside.... →
Universal electrification a necessity for Africa
By: Anine Kilian 29th March 2017 The African continent must ensure universal access to electricity to resolve energy poverty, Energy Security Services Africa head Gareth Gregory said on Wednesday. Addressing a global audience at the Power & Electricity World Africa 2017 conference, he noted that it was unacceptable that the vast... →
South African in the Mars mix as race to the Red Planet heats up
By: Dylan Slater 24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is, on average, 225-million km away. →
Weapon system controlled from vehicle
By: Victor Moolman 17th March 2017 Defence vehicle manufacturer Denel Vehicle Systems will deliver four Self Defence Remotely Operated Weapons (SD-ROW) systems and eight RG32M defence vehicles to the Namibian government by the end of this month for defence purposes and tactical observation. →
Industry needs a trade association to stabilise and grow
By: Victor Moolman 17th March 2017 Establishing a dominant instrumentation and control trade association in South Africa could help the local industry grow and mitigate possible absorption by international competitors, says Architects Integrating Industry (Ai2SA) MD Petrus Klopper. →
Global agriculture innovators vie for top honours at Future Agro Challenge awards
By: Megan van Wyngaardt 13th March 2017 Two South African innovators in the agriculture industry, Reel Gardening and Meat Naturally, will on Wednesday battle it out against 48 other agripreneurs for the title of Agripreneur of the Year. As part of agriculture innovation hub Future Agro Challenge’s (FAC’s) Global Championships, held in... →
Early signs pointing to recovery in foundry industry
By: Simone Liedtke 10th March 2017 With the foundry industry having been under pressure last year owing to very low levels of economic growth, the drought and continuing import leakage, the South African Institute of Foundrymen (Saif) believes that signs to date this year point towards some form of industry recovery. →
Metal casting technology station provides added value for industry
By: Simone Liedtke 10th March 2017 As a means to add value to the casting industry in South Africa, the Metal Casting Technology Station (MCTS) – located at the University of Johannesburg (UJ) – provides technical services such as testing, failure analyses, research and development (R&D) work in laboratories, as well as product... →
Outgoing Barloworld CEO on surviving tough times and the group’s prospects
By: David Oliveira 10th March 2017 JSE-listed Barloworld announced the appointment of new CEO Dominic Sewela, who replaced the outgoing Clive Thomson last month. Thomson was appointed in December 2006 and managed the South African industrial giant during some of the most challenging economic periods in recent history. →
MTN optimistic of turnaround after plunging into the red in FY16
By: Natasha Odendaal 2nd March 2017 JSE-listed MTN believes it is on the mend and is seeing the first signs of a turnaround after plunging into the red during what it described as the most challenging year in the company's 22-year history. With its Ignite initiative and various other strategies in play, MTN hopes to reverse the... →
Difficult trading conditions dull Clover’s H1 financial performance
By: Natasha Odendaal 1st March 2017 As branded consumer goods and beverages group Clover Industries works its way through muted trading and economic conditions, the JSE-listed group is progressing a number of strategies to set it back on a growth path. Unpacking the lacklustre financial results for the half-year ended December 31,... →
JSE results shows strong investment appetite remains
By: Megan van Wyngaardt 1st March 2017 Investor appetite in South Africa remains robust, despite the county having navigated a “particularly noisy socioeconomic environment” during 2016, with the JSE posting a 10% increase in its operating revenue to R2.3-billion. The largest stock exchange on the continent also tallied 18 new... →
Ekurhuleni launches new R8.9bn housing settlement in Boksburg
By: Megan van Wyngaardt 27th February 2017 A new R8.9-billion housing development project on the East Rand of Gauteng is set to provide 22 000 houses over the next seven years. The Leeuwpoort project, just off Rondebult road, comprises three integrated residential development areas, with two parts in the north, Parkdene Ext 7 and Reiger... →
Aveng to seek shareholder backing for sale of Grinaker-LTA stake to Kutana in March
By: Terence Creamer 21st February 2017 Construction and engineering group Aveng will seek shareholder approval before the end of March for the sale of a 51% beneficial interest in Aveng Grinaker-LTA to Kutana Construction, a black economic empowerment company. Aveng has also decided to include Aveng Water in the transaction, along... →
New panel established to guide Gauteng on infrastructure projects
By: Natasha Odendaal 20th February 2017 The Gauteng provincial government (GPG) has established an economic advisory panel to advise it on the roll-out of social and economic infrastructure projects planned for the next two years. GPG aims to leverage the various infrastructure projects planned for the next two years to promote the... →
Foreign policy rows all about the changing balance of power
By: Aubrey Matshiqi 17th February 2017 The year began with two rows on foreign policy. The first was about a visit to Taiwan by Solly Msimang in his capacity as the executive mayor of Tshwane. The second, which riled the African National Congress (ANC) even more, was about a visit to Israel by Democratic Alliance (DA) leader Mmusi... →
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