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Press Office - Metric Automotive Engineering - Reef Fuel

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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No credible candidate in the overcrowded race for the presidency of the ANC

By: Aubrey Matshiqi     18th August 2017 In recent months and weeks, Lindiwe Sisulu, Mathews Phosa, Baleka Mbete and Jeff Radebe have entered the race for the presidency of the African National Congress (ANC). In other words, the 2017 national conference of the ANC has delivered the highest number of presidential candidates since the... 

Marikana massacre to be commemorated at hillside where massacre occurred

By: News24Wire      16th August 2017 The deaths of 34 miners during the Marikana massacre in 2012 will be commemorated by the Association of Mineworkers and Construction Union (Amcu) on Wednesday at the hillside where the massacre occurred. Police shot and killed the miners on August 16, 2012, in an apparent attempt to disperse... 

Conservative streak prevailed at ANC policy conference  

By: Aubrey Matshiqi     21st July 2017 At the end of the policy conference of the African National Congress (ANC), President Jacob Zuma declared that the ruling party was more united than it had been when the conference began. In the process of delivering his closing address, he proposed that the loser in the race for the presidency... 

Years of gridlock face South Africa as new rules hurt mining 

By: Bloomberg     13th July 2017 Executives from Sibanye Gold Ltd., South Africa’s biggest gold miner, were in Los Angeles in the final stages of a roadshow with U.S. bond fund managers last month when a bombshell hit from back home. The government had introduced shock new rules requiring local mines be 30 percent black-owned in... 

State capture must be probed, 'billions of rands' lost through it recovered – Ramaphosa

By: News24Wire      12th July 2017 Deputy President Cyril Ramaphosa says South Africa needs to recover all the money stolen through State capture. "We now know without any shred of uncertainty that billions of rands of public resources have been diverted into the pockets of a few," said Ramaphosa. 

Business holds small-business funding line, despite serious postreshuffle trust deficit 

By: Mia Breytenbach     30th June 2017 It is now well documented how President Jacob Zuma’s March 31 Cabinet reshuffle, which saw South Africa’s highly regarded Pravin Gordhan removed as Finance Minister, seriously undermined trust between government and its social partners, including business. The controversial move also placed the... 

Business holds small-business funding line, despite serious postreshuffle trust deficit

By: Mia Breytenbach     30th June 2017 It is now well documented how President Jacob Zuma’s March 31 Cabinet reshuffle, which saw South Africa’s highly-regarded Pravin Gordhan removed as Finance Minister, seriously undermined trust between government and its social partners, including business. The controversial move also placed the... 

Verimark celebrates 40th year with expansion 

     29th June 2017 Verimark, starting from humble beginnings 40 years ago, has successfully transitioned from seller and distributor of direct response television products into a diversified retail corporate leveraging an ever-expanding platform. Natasha Odendaal tells us more. 

Banks balk at risk of funding South Africa Mining Charter deals

By: Bloomberg     26th June 2017 South Africa’s plan to force mining companies to give the black majority a bigger stake in the nation’s mineral wealth faces a major obstacle: convincing  banks to back billions of dollars of fresh deals in an industry in decline. Mineral Resources Minister Mosebenzi Zwane said on June 15 that... 

Ramaphosa moves to reclaim ‘radical economic transformation’  

     22nd June 2017 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about society’s scepticism around the term ‘radical economic transformation' and how Deputy President Cyril Ramaphosa is seeking to redefine the term that he says is being misused by others. 

Mining Charter exposing South African economy to GATT angst  

By: Martin Creamer     21st June 2017 The procurement rules of the new Mining Charter may violate South Africa’s obligations under the General Agreement on Tariffs and Trade (GATT), exposing the country to challenges by other member states of the World Trade Organisation (WTO), Herbert Smith Freehills lawyers Peter Leon and Patrick... 

Ramaphosa moves to reclaim ‘radical economic transformation’ from those 'misusing' term  

By: Terence Creamer     21st June 2017 Deputy President Cyril Ramaphosa has moved, just days before the convening of the African National Congress’s (ANC’s) policy conference, to reclaim the phrase ‘radical economic transformation’ from those who he said were misusing and misrepresenting it as part of a paid-for “publicity offensive”.... 

Business body urges ANC NEC to pressurise Zuma to set up State capture inquiry 

By: Terence Creamer     23rd May 2017 Business Leadership South Africa (BLSA) has added its voice to growing calls for the establishment of an independent judicial commission of inquiry into “State capture”, which it says is necessary to restore confidence in the economy and the future of the country. The big business body has also... 

Economic transformation must have real content and meaning – Ramaphosa

By: News24Wire      22nd May 2017 It is necessary to give real content and meaning to the imperative of radical economic transformation to achieve inclusive growth, Deputy President Cyril Ramaphosa said on Sunday. Delivering the Moses Kotane memorial lecture in Rustenburg, he said it was the transformation that should be radical,... 

Brown to talk to Zuma, Ramaphosa to 'resolve Molefe matter' 

By: News24Wire      17th May 2017 Public Enterprises Minister Lynne Brown says she will talk to President Jacob Zuma and Deputy President Cyril Ramaphosa to resolve the controversial return of Eskom boss Brian Molefe. Brown was summoned to Luthuli House on Monday and ordered to rescind Molefe's return to the power utility. She... 

Tough times ahead for township entrepreneurs

By: Sydney Majoko     5th May 2017 Only the most ignorant entrepreneur would go into the future without trepidation. All businesses in South Africa's current economic and political climate are bound to be hugely affected by the recent economic status downgrades by international ratings agencies S&P Global Ratings and Finch.... 

Leadership and inclusive growth to take centre stage at WEF on Africa

By: African News Agency      28th April 2017 Africa’s drive to generate inclusive economic growth and the leadership this requires will be the focus of the twenty-seventh World Economic Forum on Africa, taking place in Durban, South Africa, from May 3 to 5. The 27th World Economic Forum on Africa will convene over 1,000 leaders from more... 

Zuma to lead Team SA at WEF Africa in Durban 

By: African News Agency      28th April 2017 President Jacob Zuma will lead the South African delegation to the World Economic Forum in Africa, taking place in Durban next week, the Presidency confirmed on Friday. WEF Africa will be held at the Inkosi Albert Luthuli International Convention Centre from 3-5 May, under the theme “Achieving... 

Gigaba has shown South Africa will stick to fiscal discipline and consolidation – Cabinet 

By: African News Agency      28th April 2017 South African Finance Minister Malusi Gigaba’s interaction with investors and the global finance community has shown that government would stick to the course of fiscal discipline and consolidation charted by his predecessor, Cabinet said on Friday. “These engagements underscored that... 

Gordhan praises Ramaphosa, backs State capture inquiry

By: News24Wire      28th April 2017 Former Finance Minister Pravin Gordhan on Thursday told CNN that a judicial commission of inquiry into allegations of state capture would “clear the air”. Deputy President Cyril Ramaphosa recently called for the same thing, supporting a recommendation by former public protector Thuli Madonsela... 

Land Bank sets aside R1bn to support black farming investments in 2017  

By: Terence Creamer     20th April 2017 South Africa’s Land Bank has set a target of disbursing “at least” R1-billion in 2017/18 to support investments by black entrepreneurs in the agricultural sector and to begin transforming a loan book that is still overwhelmingly composed of funding to established commercial farmers. Should the... 

'We will not allow institutions of our State to be captured' – Ramaphosa 

By: News24Wire      20th April 2017 Do not allow revolutionary sounding slogans to hoodwink the public, Deputy President Cyril Ramaphosa said. Speaking at a Black Business Council event in Sandton, Johannesburg on Wednesday evening, Ramaphosa said some were attempting to appropriate the democratic movement, along with its history,... 

Transformation of SA economy non-negotiable – Ramaphosa

By: News24Wire      20th April 2017 The transformation of South Africa's economy is inevitable, Deputy President Cyril Ramaphosa said on Wednesday evening. He was speaking at the Black Business Council dinner under the theme Economic Recovery. 

Gigaba to attend IMF, World Bank meetings  

By: Sane Dhlamini     18th April 2017 Finance Minister Malusi Gigaba’s upcoming trip to the US for the International Monetary Fund (IMF) and World Bank Spring Meetings and further interactions with rating agencies received a thumbs up from Deputy President Cyril Ramaphosa today.  “Well, the Minister is going to the Spring IMF... 

‘Break down in relationship’ between Zuma, Gordhan led to axing

By: African News Agency      5th April 2017 President Jacob Zuma sacked Finance Minister Pravin Gordhan because their relationship had irretrievably broken down, the African National Congress (ANC) said on Wednesday. ANC secretary Gwede Mantashe said the ANC national working committee (NWC) accepted Zuma’s reason of the breakdown in... 

Ramaphosa rejects suggestions he has resigned

By: African News Agency      1st April 2017 Deputy President Cyril Ramaphosa on Saturday rejected the “spread of falsehood and misinformation” that he has resigned from his official position as deputy president of South Africa. “There is no truth to the dissemination of this falsehood,” his spokesperson Ronnie Mamoepa said. 

Chamber of Mines ‘seriously concerned’ about Gordhan’s dismissal

By: Ilan Solomons     31st March 2017 The Chamber of Mines has added its voice to the chorus of parties that are worried about the consequences of President Jacob Zuma’s decision to reshuffle his Cabinet. Those that were removed from their positions included Finance Minister Pravin Gordhan, his deputy Minister Mcebisi Jonas, Tourism... 

ANC calls for unity following Zuma's reshuffle

By: News24Wire      31st March 2017 The African National Congress (ANC) on Friday neither welcomed nor condemned President Jacob Zuma’s Cabinet reshuffle. Instead, the party called for its members to display unity. 

Ramaphosa against Gordhan’s removal 

By: African News Agency      31st March 2017 Deputy President Cyril Ramaphosa on Friday expressed his dissatisfaction with the sacking of Finance Minister Pravin Gordhan, adding that President Jacob Zuma presented the top African National Congress (ANC) leadership with a “ready made” list of the new Cabinet without consultation. Ramaphosa... 

Zuma postpones Cabinet meeting

By: News24Wire      29th March 2017 President Jacob Zuma has postponed the start of Wednesday’s Cabinet meeting “to later this afternoon” to enable members to attend the funeral of struggle stalwart Ahmed Kathrada, the Presidency said. “President Jacob Zuma has again expressed deep sadness and extended his heartfelt condolences to... 

Business Leadership South Africa disputes proposed customs functions transfer

By: Megan van Wyngaardt     15th March 2017 Business Leadership South Africa (BLSA) on Wednesday said it opposes the proposed transfer of the South African Revenue Services’ (Sars’) customs functions to a new border management agency, which is what the Border Management Agency Bill, currently before Parliament, proposes. “Sars must remain... 

Minimum wage results in certainty for agriculture sector – AgriSA

By: Megan van Wyngaardt     10th February 2017 South Africa’s agriculture sector will, as from March this year, start paying its labourers R15.39 an hour, as per the long-anticipated new national minimum wage that was announced by Deputy President Cyril Ramaphosa this week. “This brings certainty for agriculture regarding the remuneration... 

Ramaphosa concedes R20/h is not a living wage 

By: News24Wire      8th February 2017 Deputy President Cyril Ramaphosa said the R20 an hour minimum wage agreement is not a living wage. Addressing media at Parliament on Wednesday, Ramaphosa said the agreement was a starting point to lift 6.6-million workers who are earning below R3 500 a month out of poverty and inequality.... 

Power narratives

By: Terence Creamer     3rd February 2017 Those who have always been cautious about believing what they read arguably possess a genuine edge in this era of ‘alternative facts’ and ‘post-truth politics’. Our skills of discernment are being stretched to the limit amid a social-media explosion, which is rewriting the rules of engagement.... 

AFRICA ENERGY INDABA 2017 launches Africa Utility Forum to boost growth of energy projects in the region

     30th January 2017 South Africa has been seeking foreign investment to help drive sluggish economic growth and used the World Economic Forum 2017 platform last week to market the country as a favourable investment destination. South African Deputy President, Cyril Ramaphosa, led a 60-strong country delegation in... 

Blue Monday or Brew Monday?

By: Riaan de Lange     27th January 2017 It is Monday, January 16, the third Monday of the month and of 2017. Does this day have any significance, you might ask? Well, it is said to be the most depressing day of this year. So, with this Blue Monday out of the way, the remaining days of 2017 should be much better, and future Blue Mondays... 

SA needs a leader who will be able to cure the country’s ills 

By: Aubrey Matshiqi     27th January 2017 The election of the leader of the African National Congress (ANC) is not only about individual interests; that is, it is not only about the interests of the individuals who want to ascend to the throne. I am certain that it is almost always about either the ascendance of those that are outside... 

Ramaphosa hopeful Trump will have ‘positive disposition’ to Africa

By: African News Agency      20th January 2017 On the eve of Donald Trump’s inauguration as President of the United States, South Africa Deputy President Cyril Ramaphosa said he was hopeful the US leader would have a “positive disposition” towards Africa and South Africa. “He is going to be inaugurated tomorrow and clearly he is going to be... 

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