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Latest Videos

Weak demand not only cause of fall-off in load-shedding, Eskom insists  

By: Terence Creamer     16th November 2015 South Africa’s State-owned electricity utility Eskom insisted on Monday that the performance of its generation fleet was on an improving “trend”, rebuffing arguments that its newfound ability to avoid load-shedding was primarily the result of sharply lower demand from industry. Speaking at a... 

Weak demand not only cause of fall-off in load-shedding, Eskom insists
Eskom CEO Brian Molefe on the summer outlook and Eskom's more to limit load-shedding. Camera Work & Editing: Darlene Creamer. Recorded: 16.11.2015

Eskom expects tariff clawback to cover big portion of R30bn 2016 funding gap 

By: Terence Creamer     16th November 2015 State-owned electricity producer Eskom says it should end its current financial year with a cash balance of between R10-billion and R15-billion and that its liquidity outlook for its 2016/17 financial year has also improved, with its funding requirement having narrowed from R47-billion to around... 

Eskom expects tariff clawback to cover big portion of R30bn 2016 funding gap
Eskom FD Anoj Singh on the current state of Eskom’s finances. Camera Work & Editing: Darlene Creamer. Recorded: 16.11.2015

Sadara chemicals complex nears completion  

By: Kimberley Smuts     13th November 2015 Sadara, a joint venture (JV) developed by the Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company, is currently in advanced stages of construction of the largest chemical complex ever build worldwide in Jubail Industrial City, in Saudi Arabia. Dow polyurethane business regional... 

Sadara chemicals complex nears completion
Dow Southern Africa discusses the current state of the construction industry

Vodacom rebounds from tough year, reports solid H1 performance 

By: Natasha Odendaal     9th November 2015 Telecommunications group Vodacom on Monday posted a strong start to the 2016 financial year as the South African operations recovered and the international operations continued its solid performance. After overcoming what was previously described as one of its toughest years yet, with... 

Vodacom rebounds from tough year, reports solid H1 performance
Vodacom Group CEO Shameel Joosub unpacks the telecommunications company's performance during the first half of the new financial year. Videowork and editing: Nicholas Boyd.

AMSA adds R4.5bn rights issue to survival plan, as it warns of earnings ‘bloodbath’ 

By: Terence Creamer     6th November 2015 JSE-listed steel producer ArcelorMittal South Africa (AMSA) announced a whopping R4.5-billion rights issue on Friday as part of a multipronged survival package, which hinges materially on greater protection for the embattled domestic steel industry. The offer will be fully underwritten by the... 

AMSA adds R4.5bn rights issue to survival plan, as it warns of earnings ‘bloodbath’
ArcelorMittal South Africa CEO Paul O’Flaherty outlines steps being taken to increase protection for the domestic steel industry. Camera Work & Editing: Nicholas Boyd. 6.11.2015

Engine remanufacturer expands locomotives services 

By: Dylan Slater     6th November 2015 Germiston-based large-engine remanufacturer Metric Automotive Engineering has invested in new equipment to extend its services to larger engines for the locomotives industry, says operations director Andrew Yorke.  

Engine remanufacturer  expands locomotives services
Metric Automotive Engineering operations director Andrew Yorke tells Engineering News about the company’s latest investment

Steam locomotive operator undertakes refurbishment contract   

By: Dylan Slater     6th November 2015 Germiston-based nonprofit association and steam locomotive operator Reefsteamers Association is undertaking a dual refurbishment project on two mainline steam locomotives to return them to full operation.  

Steam locomotive operator  undertakes refurbishment contract
steam locomotive expert Shaun Ackerman tells Engineering News about Reefsteamers’ newly refurbished locomotive wheel lathe. Cameraperson: Dylan Slater.

Steel fabricator taking survival steps as pressures mount 

By: Zandile Mavuso     6th November 2015 Since China reduced its steel consumption owing to overcapacity in February last year, over the past 18 months, multidisciplinary construction and engineering group Aveng’s Steel division has initiated several work streams to acclimatise and reposition the group ahead of the restructuring... 

Steel fabricator taking survival steps  as pressures mount
Aveng Steel MD Hercu Aucamp discusses plans made by its steel division to survive current market pressures

Wealth tax on Davis commission’s radar, but immediate focus on estate duties  

By: Terence Creamer     5th November 2015 Davis Tax Commission (DTC) head Judge Dennis Davis has confirmed that the commission would be investigating a possible wealth tax for South Africa, but indicated that the process to design such a tax would take time and that its immediate focus was on other instruments, such as estate duties. The... 

Wealth tax on Davis commission’s radar, but immediate focus on estate duties
Judge Dennis Davis on the risk of a tax revolt should government fail to rein in corruption. Camera Work: Nicholas Boyd. Editing: Lionel da Silva.

Tax commission head urges govt to hold back on carbon tax  

By: Terence Creamer     5th November 2015 Judge Dennis Davis, who is leading South Africa’s Davis Tax Commission (DTC), has urged government not to introduce the carbon tax in the current “fragile” economic environment. The National Treasury released the Draft Carbon Tax Bill for public comment on November 2, outlining an initial... 

Tax commission head urges govt to hold back on carbon tax
Judge Dennis Davis on the proposed carbon tax. Camera Work: Nicholas Boyd. Editing: Lionel da Silva.

It’s 30 not out for Steloy Castings 

By: Anine Kilian     30th October 2015 The maintenance and development of South Africa’s manufacturing sector was critically important at this stage of the country’s economic history, Bronkhorstspruit-based specialist foundry Steloy Castings CEO Danie Slabbert in Johannesburg, Gauteng, earlier this month. He was speaking at Steloy... 

It’s 30 not out for  Steloy Castings
Steloy Castings CEO talks about the importance of maintaining SA’s manufacturing industry.

Transnet says some capex to be deferred, but insists R380bn plan remains intact 

By: Terence Creamer     29th October 2015 State-owned freight logistics group Transnet insisted on Thursday that its R340-billion to R380-billion Market Demand Strategy (MDS) remained intact, but confirmed that some components of the investment plan could be deferred in light of the weaker commodity outlook and South Africa’s lower... 

Transnet says some capex to be deferred, but insists R380bn plan remains intact
Transnet acting CEO Siyabonga Gama and acting CFO Garry Pita on adjustments to the timing of the Market Demand Strategy. Camera Work: Duane Daws. Editing: Lionel da Silva. Recorded: 29.10.2015

TPT keeps eye on financial stability 

By: Natasha Odendaal     28th October 2015 As State-owned Transnet prepares to deliver its financial results for the first half of this year on Thursday, Transnet Port Terminals (TPT) CEO Karl Socikwa on Wednesday vowed to do everything possible to keep the division’s balance sheet healthy as the South African economy faces low economic... 

TPT keeps eye on financial stability
Transnet Port Terminal CEO Karl Socikwa discusses the group's focus on maintaining financial stability in a slow-growth economy. Date recorded: 28.10.15. Camerawork: Nicholas Boyd.

ACSA, Munich Airport ink sister airport agreement 

By: Natasha Odendaal     26th October 2015 A new agreement between airports management company Airports Company South Africa (ACSA) and Germany-based aviation services technology company Munich Airport Group would see the duo leverage each others’ respective skills, knowledge and regional experience to bolster the performance of their... 

ACSA, Munich Airport ink sister airport agreement
Munich Airport Group CEO and president Dr Michael Kerkloh and Airports Company of South Africa CEO Bongani Maseko announce a three-phase strategic sister airport agreement. Camerawork and video editing Nicholas Boyd

Company opens flagship food-distribution warehouse in Boksburg 

By: Dylan Slater     23rd October 2015 France-based logistics company ID Logistics’s (IDL’s) local fresh-food division IDL Fresh launched its new 15 300 m2 distribution centre in Lancaster Park, Boksburg, earlier this month.  

Company opens flagship food-distribution warehouse in Boksburg
ID Logistics Fresh South Africa MD Etienne Juillard tells Engineering News about the company’s new warehouse in Boksburg

South African mining’s delicate make-or-break phase outlined 

By: Martin Creamer     19th October 2015 The South African mining industry’s delicate make-or-break phase has been outlined by some of the sector’s leading lights who make it clear that only give-and-gain will prevent it from losing colossal value. What will break it, they make clear, is failure to achieve a win-win, despite the... 

South African mining’s delicate make-or-break phase outlined
The scene is set for a make or break of South Africa’s vital mining industry, the Joburg Indaba, covered by Mining Weekly Online’s Martin Creamer, has heard. Photographs: Duane Daws. Video: Nicholas Boyd. Video Editing: Lionel da Silva.

Investors slam skewed incentivisation of mining top brass  

By: Martin Creamer     16th October 2015 Mining company executives have made a ton of money, fund managers have done fine and investment bankers have made a killing but the only people who have not made money are the shareholders – and the reason is the skewed way in which mining top brass are incentivised. That message came over loudly... 

Investors slam skewed incentivisation of mining top brass
Investors slam mining CEO incentives at Joburg Indaba, covered by Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Lionel da Silva.

Chinese multinational launches in style  

By: Dylan Stewart     16th October 2015 Chinese multinational heavy machinery manufacturing company XCMG held its opening ceremony at BAUMA CONEXPO AFRICA 2015, after having officially launched into the South African market in August 2014. 

Chinese multinational launches in style
XCMG distributor Niletrac GM Matt Dunne company title name discusses the strengths of XCMG

A new R&D approach required to create a sustainable future   

By: Natasha Odendaal     9th October 2015 As the world tends to the task of resolving short-term sustainability challenges, companies, universities and research institutions should pursue research and development (R&D) and stimulate open innovation to find potential solutions to the longer-term challenges. University of the Witwatersrand... 

A new R&D approach required to create a sustainable future
University of the Witwatersrand spatial analysis and city planning South African research chair Professor Philip Harrison discusses the new approach required to stimulate innovation.

Monsanto says GMOs will meet future food demands  

By: Tracy Hancock     8th October 2015 Although honourable, Monsanto South Africa MD Kobus Steenkamp does not see organic farming reaching a stage where it will provide 100% food security, highlighting the ability of genetically modified organisms (GMOs) to increase the yield of every hectare. “Our main focus is on increasing... 

Monsanto says GMOs will meet future food demands
Engineering News talks to Monsanto South Africa MD Kobus Steenkamp about the company's role in ensuring food security through biotechnology traits, organic farming and obstacles in Africa at Monsanto's Petit Research Farm, in Benoni. Camerawork and editing Nicholas Boyd

Prevost drops coal bombshell  

By: Martin Creamer     30th September 2015 South Africa’s Mr Coal on Wednesday called on the country to begin reversing out of low-priced coal export markets and turn inwards towards the domestic market through a grouping of inland terminals that could provide economic logistics to the high-grade South African coal that the global market... 

Prevost drops coal bombshell
Coal analyst Xavier Prevost outlines need to look inward to Mining Weekly Online’s Martin Creamer at Fossil Fuel Foundation coal conference. Photographs: Duane Daws. Video: Nicholas Boyd. Video Editing: Lionel da Silva

EFF seeks 60% State ownership of mines, govt as custodian of farmland 

By: Irma Venter     29th September 2015 When the Economic Freedom Fighters (EFF) spoke of nationalising South Africa’s mines, it meant that the State would own 60% of the operation, said party leader Julius Malema in Johannesburg on Tuesday. Speaking at an American Chamber of Commerce (AmCham) breakfast, Malema said this move would not... 

EFF seeks 60% State ownership of mines, govt as custodian of farmland
EFF leader Julius Malema discusses the party's mining policy

Filtration firm launches SA distribution hub 

By: Anine Kilian     25th September 2015 Automotive, air and fuel filtration manufacturer Ryco launched its first South African-based warehouse and distribution centre in Midrand, Gauteng, last month. The office will service Ryco’s sub-Saharan Africa clients. Ryco CEO Leigh Morrison told Engineering News at the launch that Midrand was... 

Filtration firm launches SA distribution hub
To watch a video in which Ryco MD Leigh Morrison tells Mining Weekly the reasons behind choosing Midrand, Gauteng as the company’s sub-Saharam African hub scan the barcode with your phone’s QR reader or go to Video Reports on www.miningweekly.com.

SAA, Samsung launch in-flight entertainment partnership  

By: Megan van Wyngaardt     22nd September 2015 National carrier South African Airways (SAA) and technology giant Samsung Electronics South Africa have partnered to launch new in-flight entertainment for business class passengers on its regional flights of less than four hours. The entertainment, which would be made available on Samsung HF10.1... 

SAA, Samsung launch in-flight entertainment partnership
SAA global marketing head Kim Thipe and Samsung Electronics corporate marketing director Dr Michelle Potgieter discuss the addition of inflight entertainment on certain regional flights. Video work: Darlene Creamer

Zendai to break ground on first residential development 

By: Natasha Odendaal     22nd September 2015 Hong Kong-listed Shanghai Zendai is set to break ground on its first luxury residential development in South Africa as part of its wider long-term 25- to 40-year plans to transform its expansive Modderfontein-based property into a 22 km2 mixed-use ‘city’ in proximity to OR Tambo International... 

Zendai to break ground on first residential development
ZDSA CEO Anthony Diepenbroek discusses Zendai's Modderfontein property development and maiden residential estate launch. Camerawork and editing: Nicholas Boyd.

DBSA bullish on loans ramp-up as it reports record disbursements of R13bn in 2015 

By: Terence Creamer     18th September 2015 The Development Bank of Southern Africa (DBSA) – which disbursed a record R13-billion during 2015, from R12.7-billion in the prior year – remained optimistic that it could ramp up loan disbursements to R25-billion a year by 2018 as it sought to give greater emphasis to its developmental mandate.... 

DBSA bullish on loans ramp-up as it reports record disbursements of R13bn in 2015
Finance Minister and DBSA govenor Nhlanhla Nene and DBSA CEO Patrick Dlamini on the role of the bank in driving infrastructure development. Camera Work & Editing: Nicholas Boyd. Recorded: 18.9.2015

Industrial elements manufacturer upgrades technology  

By: Dylan Stewart     18th September 2015 Benoni-based industrial elements manufacturer Independent Elements is adopting a number of new technologies that will enhance the reliability of the company’s product range, says Independent Elements chairperson Harry Flowers. 

Industrial elements manufacturer upgrades technology
Independent Elements chairperson Harry Flowers discusses the company’s operations amid a trying economy

Clover's African expansion plans to get $34m boost, FY15 results pleasing 

By: Tracy Hancock     16th September 2015 JSE-listed dairy products producer Clover, which has been voted the fifth-strongest brand in South Africa, is eyeing a $34-million investment in Africa in line with its expansion strategy. Speaking to Engineering News Online at the company’s results presentation for the 12 months ended June 30 on... 

Clover's African expansion plans to get $34m boost, FY15 results pleasing
Clover CEO Johann Vorster speaking to Engineering News Online at the company’s results presentation. Camera Work & Editing: Darlene Creamer. Recorded: 16.9.2015

Steel industry talks about striking ‘protection and competitiveness balance’ 

By: Terence Creamer     14th September 2015 The current discussions between government and the steel industry are focused primarily on striking the “appropriate balance between protection and competitiveness”, Economic Development Minister Ebrahim Patel told Engineering News Online in an exclusive interview on Monday. He added that the... 

Steel industry talks about striking ‘protection and competitiveness balance’
Economic Development Minister Ebrahim Patel speaks onthe current crisis facing the domestic steel industry. Camera Work & Editing: Darlene Creamer. Recorded: 14.9.2015

IDC sticks to R100bn, five-year loans target despite 2015 pull-back 

By: Terence Creamer     14th September 2015 The State-owned Industrial Development Corporation (IDC), which reported a fall in loan approvals and disbursements in 2015, has retained its five-year target of injecting R100-billion of development finance into the South African economy by 2020, despite weak market conditions. During 2015, the... 

IDC sticks to R100bn, five-year loans target despite 2015 pull-back
Industrial Development Corporation chairperson Busi Mabuza, CEO Geoffrey Qhena and Economic Development Minister Ebrahim Patel on the group's strategy evolution. Camera Work & Editing: Darlene Creamer. Recorded: 14.9.2015

Hysterical pessimism not the solution to South Africa’s problems 

By: Aubrey Matshiqi     11th September 2015 In the book Capitalism, Socialism and Democracy, Joseph Schumpeter states: “Frank presentation of ominous facts was never more necessary than it is today because we seem to have developed escapism into a system of thought.” Schumpeter wrote this in the 1940s but his words are as profound today as... 

Hysterical pessimism  not the solution to  South Africa’s problems
Political analyst Aubrey Matshiqi discusses hysterical pessimism and solutions to South Africa’s problems. (Camera & Editing: Darlene Creamer)

Tsogo Sun nears completion of casino revamp 

By: Megan van Wyngaardt     10th September 2015 The first phase of Tsogo Sun’s R640-million refurbishment and expansion of the Gold Reef City complex, which focused on the casino, is nearing completion. Construction, which started a year ago, saw the rejuvenation of the casino with new carpeting, upgraded lighting and décor and additional slot... 

Tsogo Sun nears completion of casino revamp
Tsogo Sun CEO Marcel von Aulock and Gold Reef city development director Zibusiso Kganyago talk about the phase one refurbishment of the Gold Reef City complex. Video and editing: Nicholas Boyd

Schneider signs switchgear production agreement with local manufacturer – a first globally 

By: Sashnee Moodley     9th September 2015 Global energy management specialist Schneider Electric has entered into a manufacturing partnerships agreement with local electrical products manufacturer Steelcor Power to produce Schneider’s new Premset smart-grid-ready, medium-voltage (MV) switchgear.  

Schneider signs switchgear production agreement with local manufacturer – a first globally
Schneider Electric country president Eric Léger discusses the manufacturing partnership agreement with Steelcor Power to produce Schneider’s new Premset smart-grid-ready, MV switchgear

New Blue Train business plan to include more trains, routes and domestic tourism packages  

By: Terence Creamer     8th September 2015 South Africa’s iconic Blue Train could be recapitalised and expanded following the announcement of a new public–private partnership between State-owned freight logistics utility Transnet and tourism and leisure group Sun International. The five-star luxury “hotel on wheels” – which was first... 

New Blue Train business plan to include more trains, routes and domestic tourism packages
Transnet acting CEO Siyabonga Gama and Sun International CEO Graeme Stephens on a new business partnership for South Africa's iconic Blue Train. Camera Work & Editing: Darlene Creamer. Recorded: 8.9.2015.

Sasol ‘excited’ by South Africa’s gas-to-power prospects 

By: Terence Creamer     7th September 2015 Energy and chemicals group Sasol has again indicated a desire to participate in South Africa’s upcoming gas-to-power programme, confirming on Monday that it had responded to the Department of Energy’s recent request for information and that it was also considering investment options along the... 

Sasol ‘excited’ by South Africa’s gas-to-power prospects
Sasol executive VP Southern African Operations Bernard Klingenberg on cost savings, Mozambique and South Africa's gas-to-power plan. Camera Work & Editing: Nicholas Boyd. Recorded: 7.9.2015

Sasol sees low oil prices persisting to 2017, but expects strong upswing by decade’s end 

By: Terence Creamer     7th September 2015 Energy and chemicals group Sasol reported a 17% fall in headline earnings to R49.76/share in the year to June 30, 2015, with a strong operational performance offset by a sharp weakening in market conditions, including a year-on-year oil price decline of 33%. Outgoing President and CEO David... 

Sasol sees low oil prices persisting to 2017, but expects strong upswing by decade’s end
Sasol CEO David Constable on the outlook for the oil price. Camera Work & Editing: Nicholas Boyd. Recorded: 7.9.2015

Gas represents a R250bn opportunity for South Africa – McKinsey  

By: Terence Creamer     1st September 2015 Global management consultancy McKinsey & Company argues that South Africa should urgently pursue a ‘big gas’ energy option to bridge an electricity supply gap of between 6 GW and 10 GW that could arise by 2025 as older coal-fired power stations are decommissioned. The recommendation is contained... 

Gas represents a R250bn opportunity for South Africa – McKinsey
McKinsey & Company principal Christine Wu on South Africa's 'big gas' opportunity. Camera Work & Editing: Darlene Creamer. Recorded: 31.8.2015

GIBS, AmCham launch leadership programme 

By: Megan van Wyngaardt     27th August 2015 The Gordon Institute of Business Science (GIBS) has, in partnership with the American Chamber of Commerce (AmCham) and the Gauteng provincial government, launched a public–private partnership to improve leadership. The partnership, in the form of a training programme, was aimed at improving the... 

GIBS, AmCham launch leadership programme
Gauteng Premier David Makhura speaks at the launch of a new leadership programme

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