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Rand-Air oil-free compressors assist luxury motor vehicle manufacturer’s ‘drive’ to achieve a perfect finish

4th February 2019 For any company it is gratifying when customers request repeated service. When that customer is of the calibre of a well-known luxury motor vehicle manufacturer, it is a very sound endorsement indeed! Leading local provider of portable air and power Rand-Air was recently requested to hire two... 

New investor for Cape Town Cobra maker; electric car on the table

By: Irma Venter     4th February 2019 Les Hayden’s Cobra replica assembly line in Cape Town is up and running again, following a change in ownership.   Automotive Investment Holdings (AIH) in 2017 initiated a project to modernise the Hayden Cobra, but sold its interest in the venture after a decision to return to its core business of... 

Absa PMI falls in January as business activity slips

By: Reuters     1st February 2019 South Africa's seasonally adjusted Absa Purchasing Managers' Index (PMI) fell in January as four out of five measures of factory performance declined, led by slumps in new orders and business activity, the survey showed on Friday. The index, which gauges manufacturing activity in Africa's most... 

Queensland unlocks new land for resource exploration

By: Esmarie Iannucci     1st February 2019 The Queensland government on Friday announced tenders for coal exploration in the Bowen and Surat basins, and for minerals exploration in the North West province. “Unlocking land for resource exploration - whether it is to uncover coal, gas or minerals - is vital to continuing resource... 

Rand-Air oil-free compressors assist luxury motor vehicle manufacturer’s ‘drive’ to achieve a perfect finish

1st February 2019 For any company it is gratifying when customers request repeated service. When that customer is of the calibre of a well-known luxury motor vehicle manufacturer, it is a very sound endorsement indeed! Leading local provider of portable air and power Rand-Air was recently requested to hire two... 

New-look APDP could change face of the local auto industry, says Naacam

By: Irma Venter     1st February 2019 Cabinet in November approved a new automotive support programme for the domestic automotive industry. The revised Automotive Production and Development Programme (APDP) will replace the current APDP in 2021, and will run to 2035. National Association of Automotive Component and Allied... 

Logistics a weak link in South Africa’s coal value chain

By: Tracy Hancock     1st February 2019 There needs to be greater impetus on improving the infrastructure that transports coal for domestic use and for export in South Africa. One way of doing so is by dealing with the overuse of road transport and coordinating the logistics of junior miners, which contribute to inefficient coal... 

Company introduces excavator with lower fuel consumption

By: Mc'Kyla Nortje     1st February 2019 Construction equipment supplier Disa Equipment, trading as Doosan, part of the Capital Equipment Group of Invicta Holdings, introduced the low fuel consumption DX220LCA-2 excavator into the 20 t to 22 t class. “Not only do these robust machines boast pristine manufacturing standards but Doosan’s... 

Conference to focus on Africa’s manufacturing potential

By: Jessica Oosthuizen     1st February 2019 This year, the Manufacturing Indaba’s theme is Untapped Potential – The Growth and Development of Manufacturing and Industrialisation to Unlock Africa’s Potential. Event organiser Siyenza Management MD Liz Hart points out that the launch of the African Continental Free Trade Area – a single... 

Biltong receives gas flush and packaging makeover

1st February 2019 South Africa’s unique and favourite snack, biltong, has received a packaging makeover from equipment manufacturer Safari-Vac, in partnership with modified atmospheric packaging (MAP) specialist Afrox. To give biltong a longer shelf life, industrially produced biltong can now be sold in MAP.... 

New-look APDP could change face of the local auto industry, says Naacam

By: Irma Venter     1st February 2019 Cabinet in November approved a new automotive support programme for the domestic automotive industry. The revised Automotive Production and Development Programme (APDP) will replace the current APDP in 2021, and will run to 2035. National Association of Automotive Component and Allied... 

Invest in clean technology to counter the siege on the coal industry, Mantashe implores 

By: Kim Cloete     31st January 2019 The coal industry needs to counter the negative attitude towards the industry by investing in clean coal technology and funding research initiatives to find alternative markets for coal, says Mineral Resources Minister Gwede Mantashe. He told delegates at the opening of the fourteenth annual... 

SA-Tied discusses measures to grow South Africa’s economy, combat inequality

By: Marleny Arnoldi     31st January 2019 Inequality is a massive inhibitor of inclusive economic growth in South Africa and, to lower income inequality, the country needs policies that are inclusive of those at the bottom of the income distribution rank or not economically active at all, Amargi Media CEO and journalist Nikiwe Bikitsha... 

PGM-using patents abound – CPM  

By: Martin Creamer     31st January 2019 Viable patents that involve the use of platinum group metals (PGMs) should be commercialised so that PGMs become less dependent on the automotive market, says CPM Group MD and founder Jeffrey Christian. CPM’s current projections, which are similar to those in the automotive and electricity supply... 

No time for a ‘wait and see’ approach in SA manufacturing 

31st January 2019 Foreign investors and South African industry players seem to be taking a ‘wait and see’ approach to industrial and manufacturing growth, putting the country at risk of falling behind its neighbours. However, investment in automation now could help boost the manufacturing sector, with benefits for... 

Tribunal prohibits merger of steel drum makers Rheem and Greif

By: Schalk Burger     31st January 2019 The Competition Tribunal on Thursday announced that it had prohibited the proposed merger between industrial packaging companies Rheem and Greif, in which Greif would have acquired a majority interest in Rheem. International Greif and local Rheem are suppliers of industrial packaging products,... 

KfW, IDC sign $80m loan facility for green economy development 

By: Simone Liedtke     31st January 2019 German development bank KfW and the Industrial Development Corporation of South Africa (IDC) on Thursday signed a “milestone agreement” for an $80-million loan facility. KfW executive board member Dr Stefan Peiß and newly appointed IDC CEO TP Nchocho were in attendance to sign the document on... 

ANC manifesto: we’ve heard that all before  

By: Aubrey Matshiqi     31st January 2019 Before I start, let me say this: I have spent the past two days thinking about what to say about the election manifesto of the African National Congress (ANC). After reading the ANC’s manifesto, I thought of Duma Gqubule, who, referring to President Cyril Ramaphosa’s economic stimulus plan, said... 

Strides made in S Africa’s IP landscape, but more substantial participation required  

By: Tasneem Bulbulia     30th January 2019 The intellectual property (IP) system in South Africa has evolved since 1994, leaving the country with a much better, more inclusive system than before – barring a few constraints, former Innovation Hub CEO Dr McLean Sibanda said on Wednesday. Speaking at a public lecture on South Africa’s IP and... 

The gender gap done differently

30th January 2019 Ranked 19th (out of 149 countries) in the 2018 Global Gender Gap Report published by the World Economic Forum (WEF), South Africa is ahead of the curve when compared to many other nations. The question is raised, does the gender gap exist and, if so, why? However, it is different to what many... 

South Africa's largest labour union plans nationwide strike over mass layoffs  

By: Reuters     30th January 2019 South Africa's largest labour union group, with more than a million and a half members, said on Wednesday it would stage a nationwide strike on Feb. 13 over large-scale layoffs at ailing state-owned firms and at private companies. The decision by the Congress of South African Trade Unions... 

EXEO Capital buys 36% stake in juice maker Jumbo Brands

By: African News Agency      30th January 2019 Private equity manager EXEO Capital on Wednesday announced that their Agri-Vie Fund II has acquired a 36.5 percent stake of South African non-alcoholic beverage manufacturer, Jumbo Brands.  Avril Stassen, a senior partner at EXEO Capital, said Agri-Vie Fund II has had its eye on an investment... 

Euro Manganese tables PEA for Czech tailings project

By: Creamer Media Reporter      30th January 2019 Dual-listed Euro Manganese has announced the results of the preliminary economic assessment (PEA) of its Chvaletice manganese project, in Czech Republic, which shows the tailings project can operate for a quarter of a century, producing 1.19-million tonnes of high-purity electrolytic manganese... 

Putting your tax Rands to work for a better South Africa

29th January 2019 One of the first entrants to the South African 12J venture capital landscape is celebrating its fourth year of profitable returns to shareholders. Anuva Investments Ltd (Anuva) reported R14.1 million in profit for its 2018 financial year and distributed R10.5 million to its Class-A shareholders –... 

Gordhan says Eskom restructuring decision imminent  

By: Terence Creamer     29th January 2019 Public Enterprises Minister Pravin Gordhan said on Tuesday that Eskom’s financial and operational problems were unlikely to be solved without structural changes being made at the State-owned electiricity utility. Speaking as part of a panel discussion at Business Unity South Africa’s inaugural... 

Automotive sector to prioritise local, specialised component manufacturing 

By: Marleny Arnoldi     29th January 2019 Vehicle manufacturer Toyota South Africa (Toyota SA) on Tuesday pointed to localisation and specialised component manufacturing as the top priorities in the five-year Automotive Sector Business Plan. Toyota SA president and CEO Andrew Kirby presented the plan on behalf of the automotive sector at... 

Adapt IT posts H1 earnings growth

By: Schalk Burger     29th January 2019 JSE-listed information technology services company Adapt IT has grown its turnover by 4% year-on-year to R667-million and its earnings before interest, taxes, depreciation and amortisation (Ebitda) by 10% year-on-year to R118-million for the six months ended December 31, it said in an... 

Business outlines five partnership priorities as it calls for new growth framework  

By: Terence Creamer     29th January 2019 Business Unity South Africa (Busa) president Sipho Pityana has called for a “new framework for growth” that addresses, through public-private partnerships, the economic risk being posed by high levels of inequality. Speaking at Busa’s inaugural Business Economic Indaba in Johannesburg on Tuesday,... 

Palladium theft rampant – FT 

By: Martin Creamer     29th January 2019 Palladium, used in catalytic converters that reduce harmful petrol vehicle emissions, is catalysing a crime wave in the UK, says the Financial Times (FT) of London. “Thieves are stealing catalytic converters – often in broad daylight – and selling the devices to illegal scrap dealers for cash,”... 

Volkswagen signs agreement with Ethiopia to develop auto industry

By: Irma Venter     29th January 2019 Volkswagen has signed a memorandum of understanding (MoU) with the government of Ethiopia to deliver a joint vision for the development of an automotive industry in the East African country. The MoU was signed by Volkswagen sub-Saharan Africa region head Thomas Schaefer and Ethiopian Investment... 

In the new lithium 'great game', Germany edges out China in Bolivia

By: Reuters     28th January 2019 When Germany signed a deal last month to help Bolivia exploit its huge lithium reserves, it hailed the venture as a deepening of economic ties with the South American country. But it also gives Germany entry into the new "Great Game", in which big powers like China are jostling across the globe... 

Boost for international miners as India's thermal coal imports jump

By: Reuters     28th January 2019 India's 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra Modi's government to cut imports in a bid to reduce its trade deficit. Coal is among the top five commodities imported by India, one of the... 

Indian State-run JV to scout for overseas assets

By: Ajoy K Das     28th January 2019 The Indian government has formally approved a joint venture (JV) of State-run mineral companies exclusively dedicated to acquiring strategic mineral assets overseas. Christened Khanij Bidesh India Limited (Kabil), the JV partners to pick up equity will include, National Aluminium Company Limited... 

Boost Sub-Station Reliability With Flir Thermal Optics

28th January 2019 The return of an unreliable electricity supply in South Africa has much to do with the fact that the country’s power distribution grid is said to be falling apart. While something of an overstatement, power outages were indeed up 100% in 2018. The challenges are set to continue with predictions... 

Stromag High Performance Brake: Designed for the toughest conditions

By: Creamer Media Reporter      25th January 2019 New modular, IP67 rated brake offers optimum performance and longevity for marine, offshore and other demanding applications Stromag, part of Altra Industrial Motion Corp, has launched a new, modular range of brakes designed for applications in challenging environments. The HPB (High Performance... 

NitraLife has it covered!

25th January 2019 Assists RSI SmartCanopy with on-site, on-demand nitrogen for premium-quality steel and paint finishes The success story of RSI SmartCanopy is a remarkable one. From a start-up which rubberised pick-up or 'bakkie' load bins, within just 11 years, the company has grown into a major manufacturer of... 

VW to manufacture mobile electric car recharging stations

By: Reuters     25th January 2019 Volkswagen will manufacture electric car batteries and charging stations in its home region in Germany, as it prepares to mass produce electric vehicles and overhaul its components division, which makes engines and steering parts. Volkswagen (VW) said on Friday it would invest €870-million by... 

Ramaphosa's first state visit to India: Denel deal in sight after lifting blacklist over corruption claims

By: News24Wire      25th January 2019 South African President Cyril Ramaphosa will be hosted by India's Prime Minister Narendra Modi on his first official state visit to the country on Friday. According to a media statement from the Presidency, Ramaphosa, who will be joined by a delegation of ministers including Jeff Radebe, Angie... 

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