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Latest Videos
BMW launches remote-control parking in South Africa 
By: Irma Venter 22nd August 2016 Is that parking spot just too tight to allow you to get into and out of your car? Never fear, remote-control parking is here. BMW South Africa (SA) has launched its remote control parking system that allows 7 Series owners to manoeuvre in or out of a garage or forward-parking space – no parallel... →
South Africa won’t change IPP course ‘midstream’
By: Terence Creamer 22nd August 2016 Cabinet appears to have put paid to Eskom efforts to halt the country’s highly regarded independent power producer (IPP) programme, with Minister in The Presidency for Performance Monitoring and Evaluation Jeff Radebe indicating on Monday that there was no intention to “change course midstream”.... →
Risk assessment pivotal in fire prevention
By: Sascha Solomons 19th August 2016 To achieve its aim of preventing business destruction caused by fire, Gauteng-based fire detection and suppression equipment solutions provider ASP Fire says that thorough analyses of businesses’ fire prevention points are needed. “ . . . to mitigate the risks of fire, it is important to complete... →
Implementation of change in industry increases legitimacy
By: Sascha Solomons 12th August 2016 Amid the challenges faced by the South African logistics industry, materials management and logistics consultancy Greiner Mendi MD Lars Greiner notes that logistics companies should consider change to mitigate inefficiencies in their operations. He comments that logistics has always been a highly... →
Concentrated solar plants valuable for South Africa
By: Robyn Wilkinson 29th July 2016 As baseload plants, concentrated solar plants (CSPs) are highly sought after in the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), says infrastructure operations and maintenance (O&M) company Invest in Africa Holdings (IIAH) director Gabriel Reeder. →
Local hotel tourism rakes in R14.2bn, despite visa gripes
By: Megan van Wyngaardt 28th July 2016 Despite uncertainty in the domestic tourism industry, owing to the revised visa regulations and a weak global economy, South Africa can still expect healthy growth over the next five years, PwC’s Hotels Outlook 2016 – 2020 reveals. Almost 2 600 rooms will be added to the South African hotel... →
Africa’s brightest youth brainstorm solutions to socioeconomic challenges
By: David Oliveira 22nd July 2016 One hundred of Africa’s most innovative youth gathered at the Brightest Young Minds (BYM) 2016 summit, held in Johannesburg last month, to discuss and find innovative solutions for Africa’s socioeconomic challenges. “BYM is a nonprofit public-benefit organisation aimed at providing a platform for... →
Gas gensets a sustainable power alternative
By: Sebastian Whyle 22nd July 2016 Engine, filtration and power-generation product manufacturer Cummins notes that gas-powered gensets are a sustainable power solution, owing to natural gas being methane-rich and occurring naturally. This makes it a cost-effective alternative energy source, compared with wind and solar power. →
Eskom moves to raise exports as it closes in on 80% plant-availability goal 
By: Terence Creamer 19th July 2016 State-owned electricity producer Eskom says it is on course to achieve its stated goal of achieving an energy availability factor (EAF) of 80% well ahead of its 2021 target, reporting a steady recovery in the performance of its fleet of coal-fired power stations. As a consequence, the utility... →
UJ student-designed electrical car in top 15 at Eco-Marathon Europe
By: Irma Venter 14th July 2016 The University of Johannesburg (UJ) Voltronics team finished 15th at the Shell Eco-Marathon Europe, held in London, earlier this month. The team’s prototype battery-electrical vehicle finished ahead of teams from France, the Netherlands, Ireland, Turkey and Spain. →
Eyes on Africa in Aecom strategy shift
By: Natasha Odendaal 7th July 2016 Professional and technical services firm Aecom planned to leverage its extensive base in South Africa to expand its presence across Africa in a strategy that could see the company’s revenue from the continent doubling from $150-million in the next few years. Speaking on the sidelines of a... →
Eskom insists R1 600/t is the ‘total cost’ of Anglo coal to Tutuka
By: Terence Creamer 6th July 2016 State-owned electricity utility Eskom moved to clarify its statement that Anglo American’s New Denmark colliery had supplied coal to the Tutuka power station between April 2015 and May 2016 at R1 600/t – a level that group executive for generation Matshela Koko described as “unacceptable”. In a... →
Molefe in forceful defence of Gupta-linked coal deal
By: Terence Creamer 5th July 2016 Eskom CEO Brian Molefe went on the offensive on Tuesday against critics of the State-owned utility’s recent coal contract with the Gupta-family-linked Tegeta Exploration and Resources, likening the role of the banks and the media in the “hullabaloo” to that of a “kangaroo court”. Speaking at the... →
Modernisation of steel plants crucial in South Africa
By: Robyn Wilkinson 1st July 2016 Global metallurgical processing plant supplier SMS group’s South African MD, Pieter Bezuidenhout, says the modernisation of South African steel plants is crucial in boosting the industry’s ability to remain internationally competitive in a difficult economic environment. →
Métier reports lower margins, higher revenue
By: Anine Kilian 30th June 2016 JSE-listed Sephaku Holdings’ mixed concrete subsidiary Métier increased its revenue 13% to R874-million in the year to March 31, but subdued demand from the construction industry resulted in prices remaining flat year-on-year, resulting in Métier having to prioritise cost management and the... →
TNPA luring private oil-services investors to Saldanha using ‘flexible’ terminal concessions
By: Terence Creamer 29th June 2016 Freight logistics group Transnet is optimistic of receiving positive responses to a tender for the development of an offshore supply base (OSSB) for the oil and gas industry in Saldanha Bay, reporting that around 120 people attended a tender site briefing this week. A request for proposals (RFP)... →
TNPA to add container capacity at Durban harbour as it puts dig-out port on hold
By: Terence Creamer 28th June 2016 Having pulled back from any immediate development of the so-called Durban Dig-Out Port (DDOP), Transnet National Ports Authority (TNPA) is moving ahead with two more modest projects to expand the container capacity at the Port of Durban. Transnet CEO Siyabonga Gama has indicated that the DDOP is... →
Transnet pares back capex as commodity slump impacts demand
By: Terence Creamer 27th June 2016 State-owned freight logistics group Transnet has pared back its 2016/17 capital expenditure (capex) plan in line with its strategy of “validating” demand ahead of moving ahead with major investments. The rail, ports and pipelines utility expects to invest around R22.8-billion during the 2017... →
Brexit deals 'resilient' South Africa a new complication
By: Natasha Odendaal 24th June 2016 As the UK’s decision to withdraw from the European Union (EU) this week sent ripples of uncertainty and volatility across an already unsteady global economy, South Africa’s Finance Minister Pravin Gordhan has moved to assure the public of the country’s strong trade ties and resilience. However,... →
South Africa should ensure small business participation through JVs, FDI investments – Zulu
By: Mia Breytenbach 20th June 2016 South Africa has to find ways of ensuring that small businesses participate actively in the global market, not just through export facilitation, trade exhibitions and market access opportunities obtained through preferential market opportunities, but also through joint ventures (JVs), foreign... →
Equipment supplier strengthens bonds with German companies
By: Simon Sonnekus 17th June 2016 The continued quality of German products has allowed Boksburg-based capital equipment and consumables provider Elquip Solutions to thrive in a challenging local market. According to Elquip Solutions MD Mike Cronin, the resounding quality of the German-made electrical, automation and mechanical... →
South African, Tunisian researchers display potential of light to increase bandwidth
By: David Oliveira 10th June 2016 Researchers from the University of the Witwatersrand (Wits) and the Council for Scientific and Industrial Research (CSIR) have published their findings in a study that shows it is possible to increase bandwidth using the patterns of light used in optical communications links. The researchers,... →
Free State poised to be helium pioneer as gas developments unfold
By: Mia Breytenbach 10th June 2016 The discovery and proposed exploitation of a natural gas dome containing methane and some of the highest concentrations of helium in the world – South Africa’s first onshore gas find – in the Free State has created much excitement and visions of a local gas hub. “The Free State now has the... →
Need for greater focus on local welding skills
By: Robyn Wilkinson 10th June 2016 The lack of good quality artisanal skills in South Africa, specifically welding skills, calls for a bigger focus on the development of training schools, says specialised stainless steel products supplier Plasma Cut technical director Manny da Silva. →
South Africa not immune from ‘Brexit’ fallout – economist
By: Terence Creamer 2nd June 2016 The outcome of the ‘Brexit’ referendum on Thursday June 23 is not of mere academic interest to South Africa and could have real consequences for the country’s trade relations with both Britain and the European Union (EU), academic economist Professor Peter Sinclair, of the University of... →
Corporates urged to support youth development through football programme
By: Sashnee Moodley 2nd June 2016 The South African Football Association’s (Safa’s) Development Agency (SDA) is urging corporate companies to partner and invest in its football-based Safe-Hub programme, which aims to encourage youth to engage in life skills programmes through the use of football. The Safe-Hub programme – which... →
Deputy Minister calls for junior mining Migdett
By: Martin Creamer 1st June 2016 South Africa needed to establish a Migdett – a mining industry growth, development and employment task team – for the junior mining sector, which was crucial for future exploration success, Deputy Mineral Resources Minister Godfrey Oliphant said on Wednesday. Oliphant reminded the Junior Indaba... →
Now is time for Africa to take charge of mining destiny – Dlamini Zuma
By: Martin Creamer 1st June 2016 Now is the time for Africa to take charge of its mining destiny, African Union (AU) Commission chairperson Dr Nkosazana Dlamini-Zuma told junior miners on Wednesday. Speaking at the Junior Indaba, the AU head drew repeated attention to the need for a new win-win approach to ensure that Africans... →
South Africa must grow its small business community – economist
By: Ilan Solomons 31st May 2016 It is impossible for South Africa to be economically successful without a much bigger, more vibrant small business community. It is an area of the economy that has huge potential to create many much-needed job opportunities, financial services provider Stanlib economist Kevin Lings told attendees... →
Post-Panama, there are lessons to be learnt in fighting corruption
By: Natasha Odendaal 30th May 2016 The so-called Panama Papers should be used as a launchpad to develop multi-jurisdictional efficiencies and to promote an exchange of best practices globally to fight corruption and mitigate widespread illicit financial flows. Swiss Foreign Ministry public international law and legal adviser and... →
Bidcorp lists on JSE, creates platform for growth
By: Mia Breytenbach 30th May 2016 International broad-line foodservice group Bid Corporation Limited (Bidcorp), which houses the international and local foodservice operations and assets unbundled from Bidvest Group Limited, has listed on the Johannesburg Stock Exchange (JSE) in an attempt to facilitate future growth. Speaking at... →
Growing CSI project in KwaZulu-Natal
By: Victor Moolman 27th May 2016 More business and projects in KwaZulu-Natal has subsequently led to increased involvement in corporate social investment (CSI) projects there for international engineering and project management consultancy Royal HaskoningDHV. →
‘Steel committee’ to be set up to monitor AMSA’s ‘fair pricing’ pledge
By: Terence Creamer 26th May 2016 Government would, within weeks, finalise a “fair pricing” agreement with steel producer ArcelorMittal South Africa (AMSA) and establish a “steel committee” to monitor implementation of the formula, which would be based on a basket of selling prices in Europe, Asia and North America. Department of... →
Metals sector forfeiting billions as imports capture 55% domestic market share
By: Terence Creamer 26th May 2016 The share held by South African metals and engineering producers of the domestic market fell to just 45% last year as imports continued to rise, representing a material decline from a peak of over 65% in 2002. In fact, Steel and Engineering Industries Federation of Southern Africa chief economist... →
Manufacturing sector sentiment tumbles in Q1
By: Natasha Odendaal 25th May 2016 Falling sales, rising unsold inventory levels and increased costs marred the sentiment of the manufacturing sector during the first quarter of the year. The Manufacturing Circle’s 2016 first quarter manufacturing survey, released on Wednesday, showed a deterioration in sentiment over the past... →
More X’Trapolis Mega trains delivered to PRASA
By: David Oliveira 25th May 2016 The Passenger Rail Agency of South Africa (PRASA) has, to date, taken delivery of five X’Trapolis Mega train sets being manufactured by the Gibela Rail Transportation Consortium, in Brazil. A further two of the train sets, each comprising six coaches, were en route to South Africa, while the... →
New highly profitable acid mine water solution unveiled
By: Martin Creamer 24th May 2016 A process has been developed that yields handsome profits by converting acid mine water into valuable fertiliser materials. The process, which purifies the water free of charge, removes all of the total dissolved solids and converts them into saleable products. →
S&P's downgrade will tip South Africa into job-shedding recession, bank economist warns
By: Terence Creamer 23rd May 2016 A downgrade of South Africa’s credit rating to junk was currently only partially priced in, a leading bank economist warned on Monday, arguing that a negative assessment by Standard & Poor’s (S&P’s) on June 3 would most probably trigger a recession and precipitate the shedding on around 200 000... →
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