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Trade News

SA leads emerging markets in Y2K race

By: System Author     18th June 1999 The South African government’s determination to avoid disruption to the economy by the millennium bug has seen South Africa emerge as one of the top year 2000 (Y2K)-aware countries among emerging markets, reports National Y2K Support Centre communications manager Allim Milazi. Compared to... 

On a roll for 25 years

By: System Author     18th June 1999 Established in Durban 25 years ago as a one-stop bearing company, Bearing Man has extended its operation significantly to become what it claims is Africa’s largest supplier of bearings, seals, power transmission components, industrial gearboxes and belting. “Bearing Man’s... 

SA could win 50% of telescope

By: System Author     11th June 1999 THE standard and precision of South African manufacturing will be put to the test when tenders are invited on the manufacture of components on the Southern African large telescope (Sal;t) to be built at Sutherland in the Northern Cape. The overall Salt project, which will cost more than... 

SME financier exceeds its own targets

By: System Author     11th June 1999 The financial services group which invests in small and medium sized enterprises (SMEs), Business Partners, has exceeded its own targets by approving a record R445,3-million to SMEs countrywide in the 1998–99 financial year. In comparison, last year’s approvals amounted to... 

Umzimkulu Marina receives R450m boost

By: System Author     11th June 1999 The notoriously erratic and seasonal economy of the Kwazulu-Natal south coast is to receive a considerable boost if the remaining R150-million for a R600-million dedicated yacht marina is secured, Engineering News can today report. An in-principle commitment for R450-million has been received... 

Crane hire contract

By: System Author     11th June 1999 LOCAL company Johnson Crane Hire has been awarded a crane-hire contract by SLE, an SNC-Lavalin-EMS joint venture, for the Mozal site. Johnson’s ability for handling an intricate contract of this nature was instrumental in the company securing this contract. Not only is the company able to... 

Locals hit jackpot with R1,4bn casino

By: System Author     11th June 1999 Gauteng’s largest private sector leisure project, the R1,4-billion Tsogo Sun Montecasino development at Fourways, Johannesburg, is delivering direct results in terms of local community upliftment. Included in its community building programmes is funding for the upgrading of the Douglasdale... 

Moves to drive catalytic converters further

By: System Author     11th June 1999 Producers of one the main components of a catalytic converter, the ceramic substrate, have been approached by members of the South African catalytic converter industry, together with the Catalytic Converter Interest Group (CCIG), Department of Trade and Industry (DTI), and the Stainless Steel... 

Appetite for SA firms grows worldwide

By: System Author     11th June 1999 South Africa is the place to be for young, dynamic businesses as Africa opens up to international trade and investment. Listing on the Johannesburg Stock Exchange this week, Allan Wolff & Associates (Wolff) is a refreshingly optimistic African process engineering company that has seen... 

South Africa must dance to competitiveness drum – Erwin

By: System Author     4th June 1999 The only way South Africa would create jobs was by restructuring its economy and becoming internationally competitive, stated Trade and Industry Minister Alec Erwin at a press function in May. “To become internationally competitive, South Africa requires a new strategy and a new form of... 

Call for manufacturing quality in South Africa

By: System Author     4th June 1999 There is a growing urgency for organisations, in the service and manufacturing sectors of the South African economy to implement internationally-recognised quality-management systems in an integrated manner says Andersen Consulting business integration consultant Andy Searle. In the international... 

Technology access programme for women

By: System Author     4th June 1999 South Africa has been rated number 37 out of 47 countries in terms of human resource development and science and technology. Women comprise 51,9% of the total local population and more than half of all women are unemployed. For these reasons, and to improve the overall competitiveness of South... 

Textile concrete launched

By: System Author     4th June 1999 A new material devel- oped in South Africa and known as textile concrete (TC) could prove to be a shot in the arm for the textile industry as well as boost cement sales, believes inventor Don Hourahane. He predicts that TC will eventually develop into a separate industry at least the size of the... 

Independent cement producers get a voice

By: System Author     4th June 1999 A new association has been established to give independent cement producers a voice in the industry, and to recognise their hard-won credibility. This is the Independent Cement Producers’ Association (ICPA) chaired by Ian McKenzie. He tells Engineering News that what has happened... 

Frothers and collectors developed for mining

By: System Author     28th May 1999 THE Sasol Mining Chemicals plant at Sasolburg manufactures a range of alcohol-based frothers and sodium dithiophosphate collectors from Sasol Chemical Industries (SCI) and imported feedstocks. The mining chemicals are used to recover copper ores, platinum and other platinum-group minerals such as... 

Station upgrades uplift economy

By: System Author     28th May 1999 Manager and developer of State-owned property Intersite is generating millions of rands in income for the local rail and construction industries. Since its inception in 1992, the company has created some 80 000 direct and indirect jobs and has made an overall financial impact on the economy of... 

Synfuel expansion project up in the air

By: System Author     28th May 1999 South African synthetic fuels and petrochemicals giant Sasol has announced that its proposed multibillion-rand Sky High expansion project has been put on hold for at least the next two to three years. As a result of the dramatic plunge in the price of crude oil, fuel and chemicals, in conjunction... 

Industry emerges more globally competitive

By: System Author     28th May 1999 DESPITE going through a tough time in the face of a reduction in import tariffs, this has been a necessary evil for the local textile industry, among others, to emerge more globally competitive. This was the view of Trade and Industry Minister Alec Erwin when speaking at a signing ceremony held... 

Global interest in proprietary technology

By: System Author     28th May 1999 Worldwide interest in the commercial application of Fischer-Tropsch technology to monetise natural gas is at a high at the moment, said Sasol Technology (Sastech) manager: Fischer-Tropsch technology PR Heydenrich in a paper presented at the AIChe spring meeting held in Houston, Texas, in March.... 

World’s most-desirable new natural resource

By: System Author     28th May 1999 Natural gas is fast becoming the world’s most desirable source of future hydrocarbons, and will play a far more important role in the global energy mix. The rationale for this trend is axiomatic, as the globe has abundant reserves of natural gas, and the extent of known reserves is... 

KZN rug factory targets US textile market

By: System Author     28th May 1999 Textile producer Lotus 2000 is to implement a R24-million working capital investment to cover its latest expansion, which is aimed at expanding its export profile in the US and Japanese markets. The expansion includes the purchase of two new looms at a cost of R6,5-million each, in addition to... 

SA textile sector sews up its frayed edges

By: System Author     28th May 1999 Boasting a massive R4,5-billion re-equipping since 1995, the South African textile industry is showing signs of a long-awaited turnaround in its fortunes. This is the word from Textile Federation executive director Brian Brink who states, “we have gone through a big jolt of investment,... 

South African flowers blooming in Europe

By: System Author     28th May 1999 Exports of indigenous flowers and plants to Europe are increasingly offering new opportunities to the South African flower industry. In addition to the R204-million-worth of fresh cut flowers and foliage exported from South Africa every year – mainly to the Far East – protea exports... 

Transport sector set for transformation

By: System Author     28th May 1999 The final version of the national Department of Transport’s 14-month study – Moving South Africa (MSA) – to determine the transport challenges facing South Africa at the start of the twenty-first century was released earlier this month, containing several ‘action... 

Call for no surcharge on imported valves

By: System Author     21st May 1999 There should be no surcharge on any imported valves – instead, the government should focus on controlling the quality of valves that are being imported by unscrupulous dealers who are bringing in inferior-quality products, MacNeil Steel & Valves (MNSV) marketing director Brian Saverton... 

Low-quality imports abound

By: System Author     21st May 1999 Greater use should be made of local manufacturers due to the proliferation of low-quality imported products being dumped on the South African market, says Republic Transmission joint MD Joachim Livonius. The 19-year-old gearbox and actuator manufacturer, which deals mainly with the valve... 

Mining imports surge

By: System Author     21st May 1999 Valve imports for the mining industry have increased from 66% of the total market ten years ago to their current levels of 80%, providing a challenge for local valve manufacturers and their supplying foundries to find niche markets for their products, says Steloy Group MD Danie Slabbert.... 

Spinach still packs a punch

By: System Author     21st May 1999 THE production of spinach using home-based hydroponics can make a substantial contribution towards the economic upliftment of urban communities, a study commissioned by the Greater Pretoria Metropolitan Council has found. The study also considers the growing of green peppers, spinach and tomatoes... 

Japan supports African revival

By: System Author     21st May 1999 Japan is firmly committed to the practical implementation of the ‘African Renaissance’. This was made clear by Japan’s State Secretary for Foreign Affairs – equivalent to Deputy Minister of Foreign Affairs in South Africa – Professor Keizo Takemi earlier this month... 

E-commerce: targeting blue-eyed consumers

By: System Author     21st May 1999 Information technology (IT) group Usko predicts that up to 70% of its operating profits will be derived from electronic-commerce-linked activities within the next three to five years. This is a bold statement given that the business, at present, accumulates very little profit from e-commerce,... 

Technology equity fund

By: System Author     21st May 1999 THE private equity division of the Brait group, Brait Capital Partners, has announced a first closing at R250-million in an equity fund which will be making investments in technology and innovation. This fund, known as Braitec, has secured the R250-million of equity commitments from leading South... 

Upcoming trade mission from United Kingdom

By: System Author     21st May 1999 BRITISH industry continues to find South Africa a valuable market. This is illustrated by the fact that the UK’s North East Development Agency (Neda), previously known as the Northern Development Company (NDC), with the support of the UK Department of Trade and Industry (DTI), has organised... 

Large scrap exports must be curbed – call

By: System Author     21st May 1999 The Non-Ferrous Metal (NFM) Works, of Durban, claims to be the largest integrated copper and copper-alloy extrusion mill in South Africa. The company is in its fifty-second year of existence, and has developed a good marketing name for itself for product consistency, which has resulted in ongoing... 

R131-million plant opens in response to growing global demand for polyester

By: System Author     14th May 1999 A new R131-million polyester- processing plant, Coastal Textiles , located in Hammarsdale, Kwazulu-Natal, will start its first commercial production this month. This against the backdrop of Textile Federation figures which indicate that the import of fabrics made from man-made filaments into... 

Learner-aids fast-track skills push

By: System Author     14th May 1999 A way to speed up the learner competency process as outlined by the National Qualifications Framework (NQF) has been developed by the National Productivity Institute (NPI). NPI senior productivity adviser George Chamberlain explains to Engineering News that, although the NQF, through its unit... 

Botswana considering an air force upgrade

By: System Author     14th May 1999 BOTSWANA could be considering a re-equipping programme for its Defence Force Air Arm that could be worth as much as US$100-million. Reliable sources tell Engineering News that Gaborone has made unofficial enquiries about the acquisition of at least six jet trainers to act as lead-in... 

IT strategy endorsed

By: System Author     14th May 1999 The Electronics Industries Federation of South Africa’s (EIF) executive council has added its endorsement to the South African information technology (IT) industry strategy (Saitis) project being co-funded by the governments of South Africa and Canada. Saitis aims to develop a viable... 

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