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Latest Videos
Goodbye car keys, hello phone – Volvo 
By: Irma Venter 4th April 2016 For decades, drivers have been accustomed to accessing and driving cars with physical keys. However, in a break from tradition, and in keeping with a rapidly digitising world, Volvo Cars aims to become the world’s first car manufacturer to offer vehicles without keys, as from 2017. Instead, Volvo... →
Concourt judgment a significant moment for the country – Maimane
By: Sane Dhlamini 1st April 2016 Democratic Alliance (DA) leader Mmusi Maimane said Thursday marked a significant moment in South Africa’s democracy following the Constitutional Court’s judgment in the Nkandla saga. The Constitutional Court ruled that President Jacob Zuma was liable to pay some of the money spent on upgrades at... →
Master Drilling maintains eye on growth as strategy gains traction
By: Natasha Odendaal 31st March 2016 JSE-listed Master Drilling continued to pursue its geographic, commodity and business diversification strategy throughout 2015, with gains expected to start being realised in the coming year. The company had set the platform with the acquisition of a Sweden-based company and its Chilean... →
Implats boosts fuel cell outlook at impressive launch
By: Martin Creamer 31st March 2016 Platinum mining company Impala Platinum (Implats) on Thursday unveiled a hydrogen fuel cell forklift and hydrogen refuelling station in the presence of Science and Technology Minister Naledi Pandor and Gauteng Premier David Makhura at the Impala Refineries in Springs. The R12-million initiative,... →
Transnet pursuing R3bn Africa rail pipeline as it delivers coaches to Botswana Rail
By: Terence Creamer 22nd March 2016 The engineering unit of South Africa’s State-owned logistics utility Transnet is actively pursuing R3-billion-worth of possible rolling-stock contracts across Africa, notwithstanding a weakened rail investment climate precipitated by a decline in commodity prices. Speaking at the official launch... →
Seifsa bemoans lack of ‘concrete plans’ to tackle slow pace of economic growth
By: David Oliveira 18th March 2016 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed government’s announced efforts to reduce its expenditure; however, the organisation remained concerned about the lack of concrete plans to address the country’s slow economic growth. Speaking a day after... →
S Africa punches above its weight in green building
By: Natasha Odendaal 15th March 2016 South Africa is fast becoming a frontrunner in green building and, if its current commitment to green activity continues, the country will be a leader in the global green market in the next three years, a new report has revealed. South Africa had the highest proportion of green building projects... →
Gordhan vs Zuma
By: Aubrey Matshiqi 11th March 2016 The course of history can, and may, be changed by a single event. In the case of President Jacob Zuma, that event may be the decision to fire Nhlanhla Nene as South Africa's Finance Minister on December 9, 2015. By firing Nene, the President unleashed political and economic forces he clearly did... →
Latest power tariff rise to nullify benefit of 2015 cost-cutting – Amplats
By: Martin Creamer 9th March 2016 The latest 9% electricity tariff increase allowed to State power utility Eskom was set to nullify the benefit of the cost-cutting programme that Anglo American Platinum (Amplats) undertook last year, Amplats CEO Chris Griffith said on Wednesday. Speaking to Creamer Media’s Mining Weekly Online... →
Sasol outlines dual Southern Africa, North America growth plans
By: Martin Creamer 8th March 2016 Despite the lower-for-much-longer oil price outlook, integrated chemicals and energy company Sasol is remaining focused on executing growth projects in Southern Africa and North America as part of a dual regional strategy. In presenting 63%-lower earnings attributable to shareholders in the six... →
Resilient Sasol weathering storm
By: Martin Creamer 7th March 2016 Worsening market volatility and uncertainty have prompted Sasol to raise its cash conservation target to an even higher outside range of R75-billion from a previous R50-billion. The intensified response plan in response to the low oil price ensured balance sheet and earnings resilience at an oil... →
Sasol sees another R8bn half-year capex going into Southern Africa
By: Martin Creamer 7th March 2016 After spending half-year capital of R8.6-billion in Southern Africa in the six months to December 31, integrated chemicals and energy group Sasol expects to invest a similar capital amount in the region in the current half year. Speaking to Creamer Media’s Engineering News Online after the... →
Eqstra H1 profit falls on exit of noncore operations
By: Natasha Odendaal 1st March 2016 JSE-listed Eqstra’s profits plunged into the red during the first half of the 2016 financial year, as an exit plan and overall progress made on the company’s 2020 strategy – and resultant impairments on discontinued operations – weighed on the interim financial results. The integrated leasing and... →
Afrox enters ‘get strong’, ‘get business’ stages of turnaround plan as FY performance looks up
By: Natasha Odendaal 29th February 2016 The latest year-end results unpacked by gas provider African Oxygen (Afrox) on Monday showed a significant uptick in financial performance as the company entered the next stage of its expansive turnaround. The JSE-listed group posted a 284.5% surge in headline earnings per share (HEPS) from 36.2c... →
Areva and Rosatom on nuclear costs, secrecy and the South African tender
By: Terence Creamer 16th February 2016 Nuclear vendor Areva, which is planning to participate in a French industry bid for South Africa’s proposed nuclear build programme, indicated on Tuesday that, in the absence of an actual tender, it was not possible to offer any certainty as to the likely cost of the programme. It has been widely... →
AMSA’s R1.5bn competition settlement part of bigger image makeover to win steel protection
By: Terence Creamer 12th February 2016 Steel producer ArcelorMittal South Africa (AMSA) has made a R1.5-billion proposal to the Competition Commission to settle all outstanding matters against the company – if approved, it would be the largest competition-related fine ever paid by a single South African entity. Departing CEO Paul... →
SA company supplies urethane product to Moroccan project
By: Kimberley Smuts 12th February 2016 South Africa-based polyurethane manufacturing company Urethane Moulded Products (UMP) successfully completed and supplied polyurethane lining for the Jorf Lasfar slurry pipeline project in Morocco. The project won best project in the International Projects Category at the South African... →
Survey shows wearable technology buy-in
By: Natasha Odendaal 9th February 2016 While market acceptance of wearable technology – clothing and accessories incorporating computer and advanced electronic technologies – is on the increase, regulation and policy frameworks surrounding the use of this fast-growing technology in the workplace need to be discussed. An online survey... →
S Africans encouraged to participate in nominating a new Public Protector
By: Sashnee Moodley 8th February 2016 Nonprofit organisation (NPO) Corruption Watch on Monday launched the Bua Mzansi public awareness campaign in Johannesburg in an effort to engage South Africans to actively participate in this year’s process of nominating and appointing a new Public Protector. Thuli Madonsela would end her... →
Cesa adopts back-to-basics strategy for 2016
By: Natasha Odendaal 3rd February 2016 A back-to-basics approach is needed to ride out the current economic environment and bring the consulting engineering sector back in from the cold, Consulting Engineers South Africa (Cesa) president Lynne Pretorius said at her first presidential address on Wednesday. Speaking at the yearly event,... →
South Africa’s inaugural policy uncertainty index shows worrying spike
By: Terence Creamer 1st February 2016 South Africa’s first-ever Policy Uncertainty Index (PUI) has been launched, with the inaugural publication showing a “spike” in uncertainty during the fourth quarter of 2015 – a period during which President Jacob Zuma removed the well-regarded Nhlanhla Nene as Finance Minister. The index, which... →
Deloitte warns of higher taxes ahead of February budget speech
By: Megan van Wyngaardt 27th January 2016 This will be a watershed year for tax hikes, as South Africa faces sluggish economic growth, continuing electricity supply challenges, growing water shortages, a commodity price slump and rising inflation. These factors would strongly influence Finance Minister Pravin Gordhan’s Budget Speech on... →
Gauteng reveals potential bidders for R3.5bn Gautrain rolling stock contract
By: Natalie Greve 26th January 2016 Pointing to a sustained increase in ridership figures that continues to place strain on the Gautrain’s limited capacity, Gauteng MEC for Roads and Transport Dr Ismail Vadi has outlined the business case behind the decision to embark on a R3.5-billion acquisition of additional rolling stock for... →
People to talk to their cars following Volvo Cars, Microsoft deal
By: Irma Venter 22nd January 2016 Vehicle manufacturer Volvo Cars and technology group Microsoft are launching a voice control system that will allow Volvo owners to talk to their cars using the Microsoft Band 2 wearable device. The system will allow owners to instruct their vehicle to perform tasks remotely, such as setting a... →
Chinese economic slump not the precursor to Africa’s demise – Standard Bank CEO
By: Natalie Greve 21st January 2016 While Africa-friendly China’s economic growth languishes at 25-year lows, Standard Bank joint CEO Sim Tshabalala has deviated from popular economic opinion which cautions of a devastating knock-on effect of the slowdown on African economies, arguing instead that the Asian powerhouse’s transition... →
Wits, Unilever to pioneer practical work training for engineering students
By: Natalie Greve 19th January 2016 In the first corporate-academic partnership of its kind, consumer goods manufacturer Unilever South Africa and the University of the Witwatersrand (Wits) have announced a collaborative skills development programme that aims to provide promising engineering students with practical work experience... →
Fixed wireless deployment growing apace, especially in Europe
By: Schalk Burger 15th January 2016 South African antenna manufacturer Poynting derives about 50% of its revenue from consumer and enterprise fixed wireless antenna product sales in Europe, including Norway, Finland, Denmark and Sweden, says Poynting founder and chairman Dr André Fourie. Fixed wireless network access is growing... →
Gauteng shopping centre boasts largest rooftop PV installation in Africa
By: Anine Kilian 15th January 2016 Development company Hyprop’s regional shopping center Clearwater mall, in Johannesburg, Gauteng, tripled the generation output of its solar photovoltaic (PV) plant by adding an additional 1000 kWp to the system last month. The mall currently has the largest rooftop PV system in Africa. Hyprop... →
S Africa consumer uptake of US meats next Agoa ‘test’
By: Natasha Odendaal 8th January 2016 South Africa’s continued successful participation in the African Growth and Opportunity Act (Agoa) agreement now relies on consumers’ uptake of US poultry, pork and beef. South Africa and the US this week put to bed all long-standing disagreements over sanitary and phytosanitary matters... →
SA awaits US decision on missed Agoa deadline, assures of near resolution
By: Natasha Odendaal 4th January 2016 South Africa’s access to some of the duty-free trade benefits of the African Growth and Opportunity Act (Agoa) hangs in the balance as the nation enters “extra time” in meeting the demands of the US for the elimination of barriers to US poultry, beef and pork trade. With South Africa’s deadline... →
South African stainless sector expected to track sideways in 2016
By: Terence Creamer 11th December 2015 South Africa’s stainless steel consumption, which has recovered from the slump experienced during the 2009 recession, is expected to track sideways in 2016. Apparent consumption in 2015 rose 1.9% year-on-year to 190 000 t, which is below the post-crisis peak of nearly 210 000 t, but still... →
Science still on the backburner as Africa tends to other obstacles
By: Natasha Odendaal 8th December 2015 Science, technology and innovation is the solution to many of the challenges faced by Africa; however, it still takes a backseat as the continent strives for sustainable development. Despite science being critical to the mitigation of issues such as water scarcity and food security and disease... →
GWK depicts ‘humble’ farmer as ‘hero’ advancing economy
By: Tracy Hancock 7th December 2015 On the back of its most successful financial showing to date, reporting a profit of R163.8-million in 2015, a 57% increase on 2014, farmer-owned agribusiness GWK is ending the year by emphasising the integral role farmers play in supporting the growth of South Africa’s economy. The Douglas,... →
Water: Decide now on Lesotho 2, acid mine drainage projects – Prof
By: Martin Creamer 3rd December 2015 The Cabinet Ministers responsible for approving the second phase of the Lesotho Highlands Water Scheme should be asked to explain why this important project is being delayed – and should also be pressed to take decisions on acid mine drainage (AMD) projects as new sources of short-term water. In... →
Johannesburg municipality to continue public transport initiatives
By: Mia Breytenbach 27th November 2015 The City of Johannesburg municipality plans to continue its focus on the implementation of an integrated transport system through its transport legacy projects following the EcoMobility World Festival 2015, in the Sandton central business district (CBD). “[The festival] proved . . . that there is... →
Industrial equipment company opens new Wadeville sales office
By: Anine Kilian 27th November 2015 Industrial equipment sales and rental company Renttech South Africa launched its new sales outlet adjacent to its premises in Wadeville, Ekurhuleni last month. The facility has convenient access for many industries in the area - as well as power generation projects and local refineries – and... →
Upgraded City Deep seen as key to improving Joburg-Durban logistics performance
By: Terence Creamer 26th November 2015 State-owned freight logistics group Transnet formally opened its upgraded City Deep inland port on Thursday, reporting that its yearly container handling capacity had been doubled to 400 000 twenty-foot equivalent units (TEU) following an R800-million investment programme. The terminal, which is... →
Eskom says OCGT use falling from very high first-half levels
By: Terence Creamer 24th November 2015 Despite reporting a 1.7% period-on-period decline in electricity sales for the six months to the end of September, Eskom’s primary energy costs still rose 8% to R40.9-billion, with diesel accounting for 16%, or over R6.5-billion, of that bill. Sales slumped to 107 307 GWh from 109 168 GWh in the... →
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