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Metric Automotive Engineering - Reef Fuel

Reef Fuel Injection Services is a leading diesel service centre and is an authorised service agent to all five leading diesel fuel injection systems – Bosch, Caterpillar, Delphi, Denso and Stanadyne.

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Cost of disintegration to thwart de-globalisation efforts, Lamy avers

By: Terence Creamer     18th August 2017 Former World Trade Organisation director-general Pascal Lamy sees no turning back from globalisation, despite the current rise in political nationalism and trade protectionism. Speaking in Johannesburg this week, Lamy argued that the cost of “disintegration” would simply be too high for countries... 

Africa-US Agoa trade talks end with no decision, waning enthusiasm

By: Reuters     11th August 2017 Talks between African and US officials to review the African Growth and Opportunity Act (Agoa) free trade deal ended on Thursday with no decision and a feeling on all sides that it has achieved little since it was set up. President Donald Trump's top trade negotiator Robert E Lighthizer and other... 

Trump administration's Africa policy in focus at Agoa trade talks

By: Reuters     8th August 2017 With the Trump administration's trade agenda focused on reining in China and renegotiating the North American Free Trade Agreement, Africa has barely appeared on the radar screen. That could change this week as President Donald Trump's top trade negotiator and other senior US officials head to... 

As Trump sings coal's praises, mine fatalities are on the rise

By: Bloomberg     4th August 2017 Ray Hatfield Jr. was six months into his latest coal job when he was crushed to death in a Kentucky mine. Hatfield, a 23-year industry veteran, was cleaning a conveyor belt that shuttled coal to the surface of the Appalachian mine on the morning of Jan. 26. When his clothing got caught, he was... 

Positive signals herald increased US reliance on nuclear as part of renewables mix

By: Henry Lazenby     28th July 2017 Changing global macroeconomic trends are increasingly making more space for nuclear power to support renewable energy roll-outs, boding well for the uranium market, which has been dealing with unsustainably low prices for nearly a decade, according to former US secretary of energy and current... 

The mountains are high and the emperor is far away

     24th July 2017 In a time before emails, global social media and instant communication, local officials in the vast Chinese empire, could easily disregard the policies and wishes of the capital on the basis that “the mountains are high and the emperor is far away”. One could scarcely think that such an insular... 

Trump America-first pipeline plan draws ire of American oil

By: Bloomberg     21st July 2017 Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of "American energy dominance." The intense lobbying effort comes as the Commerce Department faces a Sunday deadline to give the... 

South Africa makes surprise recovery in 2017 reputation index

By: Terence Creamer     21st July 2017 Despite ongoing political turmoil and an increase in policy uncertainty, South Africa made a surprise recovery in the 2017 edition of a global reputation study, rising four places to 45 out of 71 countries measured. Unveiling the results of the latest Country RepTrak study, which has been... 

Trump urged by CEO to nationalise the only US rare-earths mine

By: Bloomberg     19th July 2017 The head of an advanced-materials manufacturer said he met with President Donald Trump’s chief strategist, Steve Bannon, on Monday to persuade him that the US should nationalise the country’s only mine of rare earth minerals, which are used in military applications. “The staff understood the... 

China's new Silk Road encroaches on US turf in Eastern Europe

By: Bloomberg     12th July 2017 In the 19th century mansion in central Belgrade where bureaucrats plan some of Serbia’s important overseas projects, 64-year-old Ivan Mrkic is busy unpacking boxes teeming with the books, research papers and maps he needs to become an instant expert on China. Mrkic, a one-time Foreign Minister,... 

Manganese makes list of key tech metals heading for short supply

By: Martin Creamer     11th July 2017 Nothing can stop the proliferation of iPhones, solar panels and Teslas, except perhaps a shortage of key natural resources, comments the latest Fortune magazine, which puts manganese from South Africa on the list of crucial technology metals needed in the US. Fortune’s world map showing the... 

Biggest coal plant in US west gets another two years to live

By: Bloomberg     28th June 2017 The Navajo generating station, the biggest coal-fired power plant in the US West, will live to see another two years. On Monday, Navajo Nation leaders approved a lease with the plant’s utility owners that will keep the ailing, 2 250 MW complex operating through December 2019. The owners signaled... 

Amplats' exit from Brazil platinum prospect sparks London listing

By: Martin Creamer     19th June 2017 The withdrawal of South Africa’s Anglo American Platinum (Amplats) from a platinum group metals (PGM) project in Brazil has opened the way for Jangada Mines to acquire the asset and head for the London Aim to raise an initial £2-million in equity capital to fund the project. Jangada chairperson... 

World enters an era of 'geopolitical recession'

By: Natasha Odendaal     15th June 2017 The world has entered into its first year of "geopolitical recession" since World War Two, where there is a total downturn in politicians being able to deliver to a global scale, resulting in what has been dubbed a G-Zero – a world without leadership and a world characterised by a “growing vacuum... 

Trump 'has a point' on China's cheap aluminium, Glencore CEO says

By: Bloomberg     2nd June 2017 Donald Trump “has a point” in criticising China’s trade in aluminium and steel as cheap power has effectively been a subsidy to Chinese producers, said Glencore chief Ivan Glasenberg. Trump should be pragmatic in dealing with China, given that it imports a lot of US goods, said Glasenberg... 

Building African brands a feature of African Utility Week

By: Kim Cloete     17th May 2017 Africans need to be proud of their brands and local companies and do everything they can to boost the image and reputation of these brands, says Brand Leadership Group founder and chairperson Thebe Ikalafeng. “The top brands that Africans admire are all foreign. How are we going to transform the... 

Gold less prone to turmoil as ETF cash eases price swings

By: Bloomberg     9th May 2017 In times of trouble, gold has long been a popular haven for investors expecting that more volatility will increase the value of the commodity. But lately, it’s taking more than threats of war or terrorist attacks to get much of a reaction from the bullion market. Price swings for the precious... 

Africa needs to change economic, taxation policy to uplift the poor – Oxfam

By: Megan van Wyngaardt     2nd May 2017 Seven of the 20 most unequal countries in the world are in Africa, an income study by Brookings Institute reveals, with Swaziland ranking the world’s most unequal, closely followed by Nigeria. In South Africa, three billionaires own the same wealth as the poorest half of the population – around... 

AMCU decries government’s ‘failures’, calls for South Africa First approach

By: Ilan Solomons     2nd May 2017 The African National Congress- (ANC-) led government has failed to deliver meaningful economic empowerment for the oppressed working class majority and has instead given away South Africa’s strategic interests and resources to exploitative international monopoly capitalists, Association of... 

Platinum has best price improvement prospects – Major

By: Martin Creamer     6th April 2017 Platinum has better price improvement prospects than virtually any other commodity, Cadiz Corporate Solutions mining director Peter Major said on Thursday. Speaking at a breakfast to publicise the upcoming Junior Indaba on June 7 and 8, Major cast doubt on gold going much higher, said iron-ore... 

Freely dropping the antiprotectionist pledge

By: Riaan de Lange     31st March 2017 A favourite adage of mine is: with free advice, you get what you pay for. I heard it early in my working career, when Ken Warren, an elderly but world- and street-wise legal director of the South African Chamber of Business (Sacob), who also headed its Parliamentary team in Cape Town, mentioned... 

Manufacturer launches water campaign

     24th March 2017 Pump manufacturer Grundfos announced the launch of its ‘Who Runs the Water That Runs America’ initiative last month, which was created to help water and wastewater utilities raise public awareness of the many challenges in the water sector. 

The World's Largest Gate Valve

     23rd March 2017 “When the world’s most impressive pipeline scheme asks for 100 year asset life valves, you listen. Blackhall Engineering Limited has a proven track record of making 100 year asset life valves, and we’ve recently designed and manufactured the World’s Largest Gate Valves ever for Texas, USA. My... 

Agriculture department prefers 'measured approach' to poultry industry crisis

By: African News Agency      23rd March 2017 The department of agriculture preferred a more measured approach to dealing with the crisis in the South African poultry industry as opposed to the “trade war” with the European Union proposed by the Food and Allied Workers Union (Fawu), MPs were told on Wednesday. “As a department our view that... 

Impact of Africa on South Africa’s economic performance ‘underestimated’ – IMF 

By: Terence Creamer     9th March 2017 Sub-Saharan Africa (SSA) is currently the main destination for South African exports and its influence on the economic performance of South Africa is being “underestimated by many commentators”, International Monetary Fund (IMF) senior resident representative in South Africa Dr Montfort Mlachila... 

From the Mother City to Manchester; Reputation Matters confirms partnership with research & insights specialists LOOKOUT!

     3rd March 2017 South African corporate reputation management solutions company, Reputation Matters is joining forces with LOOKOUT!, an independent research and insights organisation based in Manchester, United Kingdom. As of Wednesday, 01 March 2017, Reputation Matters will be able to offer their clients a full... 

Froneman shows off Sibanye in US as Stillwater deal advances

By: Martin Creamer     27th February 2017 Sibanye CEO Neal Froneman on Monday showed off the low-cost performance of this gold and platinum-mining company to a top-level audience in America at a time when the South African company’s proposed acquisition of Stillwater Mining Company of the US is edging forward. In an address to the BMO... 

Analysts acclaim Glencore’s performance as good fundamentals return

By: Martin Creamer     23rd February 2017 Commodity market fundamentals are improving against a backdrop of better than expected demand and limited, if any, inventory build through the trough of the cycle, diversified mining and marketing company Glencore said on Thursday. This comes against the background of the London-, Hong Kong- and... 

Stillwater deal advances as Sibanye grasps $2.6bn bridge finance nettle

By: Martin Creamer     13th February 2017 Precious metals mining company Sibanye on Monday announced that it had successfully closed the syndication of the bridge facilities to support its acquisition of Stillwater Mining Company of the US. Sibanye said in a Johannesburg Stock Exchange news service announcement that the syndication... 

To trade jaw-jaw is always better . . .

By: Terence Creamer     10th February 2017 The backlash against globalisation and scepticism over the benefits of free trade is currently so strong that there is a real risk that countries could retreat into ill-considered and destructive forms of protectionism. In other words, forms of protectionism – sold as patriotism – that undermines... 

Global uncertainties to drive FDI in Africa’s mining sector

By: Ilan Solomons     9th February 2017 The uncertainties surrounding geo-economic trends, including Brexit, Donald Trump’s election as US President and increasing efforts by China to dominate the global economy, may not bode well for global political stability but could present opportunities for Africa, says global law firm Baker... 

Enormous global demand on way for copper, platinum, zinc – Friedland

By: Martin Creamer     8th February 2017 Enormous global demand is building up for copper, platinum and zinc, driven by new technology, mitigation of health risks in hospitals and agricultural augmentation, Ivanhoe Mines executive chairperson Robert Friedland said on Wednesday. In a comprehensive address to the Investing in African... 

Keystone pipeline Gulf Coast expansion project, Canada and US

By: Sheila Barradas     3rd February 2017 TransCanada has resubmitted its Presidential Permit application to the US Department of State for approval of the Keystone pipeline Gulf Coast expansion project. 

South Africans or self-interest first?

By: Riaan de Lange     3rd February 2017 I woke to bad news recently, being immediately reminded of a television series that has undisputed longevity and is a personification of both innovation and trailblazing. It is the BBC’s 1980s classic, Allo 'Allo! Unless you are of a single-digit age, or a recent arrival to the third rock from... 

Canada, Mexico strengthen mining ties

By: Henry Lazenby     2nd February 2017 Canada’s Natural Resources Minister Jim Carr on Wednesday inked a memorandum of understanding (MoU) with Mexico's Economy Minister Ildefonso Guajardo Villarreal to solidify the countries’ close bilateral relationship. The MoU for the mining sector will cover geoscience, clean innovation and... 

ETF buyers return to precious metals as Trump turmoil sows angst

By: Bloomberg     31st January 2017 Add the flap over US immigration policy to investor concerns that are reigniting demand for precious metals as havens. Long-only exchange-traded funds backed by precious metals have attracted about $200-million this month, on course for the first monthly inflow since October, data compiled by... 

Rio unit born in Death Valley is retooled for battery boom

By: Bloomberg     31st January 2017 During the financial crisis,  Rio Tinto Group needed cash and tried to unload its oldest mining business – one that began in 1872 hauling borates salts by mule from Death Valley to make US laundry soap. The company gave up on a sale because no one would pay the asking price. A decade later, the... 

TransCanada reapplies for Keystone XL pipeline

By: Henry Lazenby     28th January 2017 A day after US President Donald Trump signed executive actions clearing the way for contentious oil pipelines to be built in the US, TransCanada on Thursday resubmitted its Presidential Permit application to the US Department of State for approval of the Keystone XL (KXL) pipeline. This is the... 

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