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ABSA PMI ends 2018 on a positive note 

By: Simone Liedtke     9th January 2019 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ended 2018 on a positive note, reaching the best level of the year – 50.7 – in December. This was an improvement from the 49.5 recorded in November. 

Rittal’s industry-first enclosure making waves

By: Creamer Media Reporter      9th January 2019 How can the best be made even better? This is the question that Rittal asked itself as we began developing a new enclosure system. This ground-breaking system sees the rise of the enclosure evolution with more than 25 registered patent and trademark applications. Following the official launch of... 

Africa’s Increasing Demand for Energy

By: Creamer Media Reporter      9th January 2019 Africa’s demand for energy is steadily increasing and solutions to meet this growth have become a major concern amongst the energy sector leaders within the continent. Key factors contributing to this soaring energy demand are both Africa’s ever-growing population and the continent’s accelerating... 

Global economic growth to slow to 2.9% this year – World Bank 

By: Simone Liedtke     8th January 2019 Global economic growth is projected to soften from a downwardly revised 3% in 2018 to 2.9% this year amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade and manufacturing activity have softened, trade tensions remain elevated, and some large emerging... 

Pharmaceutical giant Mylan acquires ARV drugs manufacturing plant in South Africa

By: African News Agency      8th January 2019 Global pharmaceutical company Mylan on Tuesday announced the acquisition of a manufacturing site, previously owned by Ascendis Health, for its plans to produce high-quality antiretrovirals for seven million South Africans living with HIV. Spread over an expanse of 2.34 ha, the facility at Isando... 

Fabricating for 25 years

By: Creamer Media Reporter      8th January 2019 November 2018 marked 25 years of service for Babcock’s fabricating facility as it celebrated two and a half decades of providing fabricated products and a full range of specialised support services to Africa’s power generation and metallurgical industries. Where it all began 

Copper demand to outstrip production – Fitch

By: Tasneem Bulbulia     7th January 2019 Fitch Solutions Macro Research, a unit of Fitch Group, expects the global copper market will see a persistent undersupply over the coming years, as global consumption, driven by China’s power and infrastructure sectors and increasingly by rising electric vehicle production, continues to outpace... 

Workers union Limusa slams Denel for appointing a white CEO, Daniel Du Toit 

By: African News Agency      7th January 2019 The Liberated Metalworkers Union of South Africa (Limusa) on Monday rejected the appointment of Daniel du Toit as the group CE of State-owned arms manufacturer, Denel, saying that the Public Enterprises Minister must implement employment equity recommendations.   The department of public... 

Decline in South Africa's private sector eases, fanning recovery hopes – PMI

By: Reuters     4th January 2019 South Africa's private sector activity contracted for the sixth month in a row in December as both output and new orders fell further while purchases also dropped, though the overall rate of decline eased, a survey showed on Friday. The Purchasing Managers' Index (PMI), compiled by IHS Markit,... 

Denel appoints Daniel Du Toit as new group CEO

By: African News Agency      20th December 2018 The Department of Public Enterprises and State-owned defence equipment company Denel on Thursday announced Daniel du Toit as the new group chief executive after Cabinet approved the appointment. This comes after Zwelakhe Ntshepe resigned with immediate effect as Denel chief executive in May... 

Battery Minerals tables feasibility study for Balama

By: Esmarie Iannucci     12th December 2018 A feasibility study into Balama graphite project, in Mozambique, has estimated a capital cost of $69.4-million to support production of 58 000 t/y over a mine life of 27 years. ASX-listed Battery Minerals said on Wednesday that Balama would generate earnings before interest, tax, depreciation... 

Rousing Send-Off For Gibela’s First South-African-Built Commuter Train

7th December 2018 Hundreds of Gibela employees gathered today to give a rousing send-off to the first South African-built X’trapolis Mega commuter train. To the strains of vuvuzelas and loud cheers, the six-car train left Gibela’s new train-manufacturing complex at Dunnottar in Ekurhuleni, en route for the... 

How to use SEIFSA indices for Contract Price Adjustment (CPA)

6th December 2018 Congratulations you have just landed a very big tender contract! Despite this significant achievement you are unsure on how to proceed with the process, and different questions come to mind 

South Africa faces more power cuts, raising Ramaphosa reform risk

By: Reuters     3rd December 2018 South Africa faces more power cuts, electricity utility Eskom warned on Monday as it sought to prevent the collapse of its power grid in a test for President Cyril Ramaphosa's reforms. Eskom implemented a fifth day of controlled power cuts on Monday, putting more strain on an economy already... 

Absa PMI rises for first time in three months 

By: Marleny Arnoldi     3rd December 2018 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 49.5 index points in November from 42.4 in October – the first increase after three consecutive decreases. The improvement was mainly owing to four of the five main subcomponents rising.  

Business confidence falls for third straight quarter – survey

By: Reuters     27th November 2018 South African business confidence fell for the third straight quarter, a survey showed on Tuesday, as country struggles to grow in a recession-bound economy. The Rand Merchant Bank (RMB) business confidence index compiled by the Bureau for Economic Research fell to 31 points in the fourth quarter... 

Cabinet approves extension of motor industry support programme to 2035 

By: Irma Venter     22nd November 2018 Cabinet announced on Thursday that it had approved the extension of the Automotive Production and Development Programme (APDP) from 2021 to 2035. The government support programme for the domestic vehicle manufacturing industry was originally scheduled to come to an end in 2020. 

Upcoming protest not the first amid talks of transition away from coal – SAWEA

By: Simone Liedtke     16th November 2018 The South African Wind Energy Association (SAWEA) has defended the industry’s job creation potential. This comes ahead of a peaceful march by the National Union of Mineworkers (NUM), which is planned for November 17, to protest potential job losses in the coal-fired power generation sector as a... 

India’s Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining

By: Ajoy K Das     16th November 2018 With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant mining of the raw material. The 21 bauxite blocks will be auctioned by... 

Omnia shares fall as it warns of interim loss

By: Simone Liedtke     12th November 2018 Local chemicals company Omnia Holdings’ share price on the JSE fell by more than 16% on Monday after it announced that it expects to swing to a loss a share for the six months to September 30. It expects to report a loss a share of between 85c and 170c, compared with the earnings a share of 423c... 

Companies on a drive to become more efficient

By: Kim Cloete     1st November 2018 Cape Town’s Groote Schuur hospital, a leading manufacturer of catalytic converters and a well-known car sales dealer have one essential thing in common. They have all managed to radically improve efficiency across their operations over the past few years. The three examples were showcased at the... 

Absa PMI fell for a third consecutive month in October 

By: Reuters     1st November 2018 South Africa's seasonally adjusted Absa Purchasing Managers' Index (PMI) fell further in October due to declines in new orders, business activity and employment, a survey showed on Thursday. The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in... 

Lessons on transforming manufacturing in India

By: Kim Cloete     31st October 2018 Transformational changes in manufacturing in India have been unpacked at the Lean Summit Africa 2018, in Cape Town, holding important lessons for ramping up efficiency and boosting competitiveness in South Africa. Takayuki Furuhashi, who is considered an international guru in the field of... 

TNPA granted enviro approval for R1.4bn Richards Bay floating dock

By: Marleny Arnoldi     31st October 2018 The Department of Environmental Affairs (DEA) has given Transnet National Ports Authority (TNPA) the green light to build a long-awaited R1.4-billion floating dock at the Richards Bay port. The floating dock facility, which will be located at the port’s Small Craft Harbour, forms part of the... 

Port of Richards Bay Floating Dock Receives Green Stamp of Approval

31st October 2018 The Department of Environmental Affairs (DEA) has given Transnet National Ports Authority’s (TNPA) Port of Richards Bay the green light to construct its long-awaited multi-million-rand floating dock infrastructure. The new R1.4 billion floating dock facility, which will be located at the port’s... 

Russian rail group aims to develop newly acquired Boksburg factory into global narrow-gauge hub

By: Terence Creamer     31st October 2018 Leading Russian rail engineering group Transmashholding (TMH) confirmed on Wednesday that it, together with its South African partner Mjisa, had completed the acquisition of a 45 000 m2 rail manufacturing facility in Gauteng, South Africa. Black empowerment company Mjisa, which is led by Mafika... 

Shot Blast Resistant Laser Marking for the Automotive Industry

By: Creamer Media Reporter      31st October 2018 Laserax’s new patent-pending process is a game changer for customers looking to achieve foolproof lean traceability Quebec City, Canada. Laserax launched its exclusive patent-pending shot blast resistant laser marking process at the 2018 Die Casting Congress & Exposition, which took place from... 

TPP-11 to give Australian resources a major boost – Minerals Council

By: Esmarie Iannucci     31st October 2018 PERTH (miningweekly.com) – The Australian government has ratified the Trans-Pacific Partnership (TPP-11) trade agreement, a move that has been welcomed by the resources sector. Australia is the sixth country to ratify the agreement, meaning it can now enter into force on December 30, with... 

Stainless awards provide welcome boost to local sector

30th October 2018 The winners of the 2018 Sassda Columbus Stainless Awards have been announced at a glittering banquet in Fourways, Johannesburg with 189 entries from 53 companies resulting in a stellar list of more than 60 finalists. Speaking at the event, Sassda Executive Director John Tarboton said; “This year,... 

ELB and NOVATEC forms partnership to combine innovation and new technologies into engineered solutions

By: Creamer Media Reporter      30th October 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce a partnership agreement between ELB and NOVATEC New Technologies (NOVATEC), based in Labin, Croatia. NOVATEC is a computer engineering, process automation and system integration company and active in the South African market since... 

Alliance Sensors Group Releases Two New LVDT Signal Conditioners

30th October 2018 Alliance Sensors Group has developed into “The Name in LVDT Signal Conditioning” due to the constant improvements and advancements made to its line of LVDT signal conditioners. Alliance Sensors Group was founded by Harold and Howard Schaevitz, widely known as the first family of LVDTs. The... 

Unemployment rate rises to 27.5% in Q3  

By: Marleny Arnoldi     30th October 2018 The official unemployment rate increased to 27.5% during the third quarter, compared with 27.2% in the second quarter. This translates to 6.2-million unemployed people in South Africa. The unemployment rate was 26.7% in the first quarter of the year, according to Statistics South Africa’s (Stats... 

Advocacy organisation urges better enforcement of second-hand tyre regulations

By: Marleny Arnoldi     29th October 2018 Newly launched advocacy organisation Part Worn Africa is calling on governments and regulatory bodies across the African continent to develop and enforce stronger regulations governing the sale of part-worn and second-hand tyres. Part Worn Africa advocates that part-worn and second-hand tyres... 

Karan Beef, I&J face charges over alleged cartel conduct

By: Marleny Arnoldi     29th October 2018 The Competition Commission has referred to the Competition Tribunal the prosecution of beef processing companies Irvin & Johnson (I&J) and Karan Beef for alleged cartel conduct. The two companies have been charged with dividing markets in the supply of processed beef products, such as beef... 

Sumitomo Rubber South Africa partners with ‘Part Worn Africa’ initiative to champion Tyre Safety

29th October 2018 As South Africa commemorates Transport Month in October and a few days after the Global Road Safety Partnership’s “Africa Road Safety 2018” gathering in Cape Town from 23 to 24 October 2018 - Sumitomo Rubber South Africa, manufacturer of the popular Dunlop, Sumitomo and Falken tyre brands, has... 

McDonald’s SA to invest R3bn in opening 120 new restaurants in 5 years

By: Marleny Arnoldi     29th October 2018 Fast food franchise McDonald’s South Africa (McDonald’s SA) has committed to investing R3-billion in South Africa over the next five years. This was announced at the South African Investment Conference, held in Johannesburg, last week.  

Calls to even out procurement for wind energy

By: Kim Cloete     29th October 2018 The South African Wind Energy Association (SAWEA) has called for energy planners to even out the procurement of wind energy allocations between 2021 and 2030 to prevent a "stop-start" scenario.  The current draft Integrated Resource Plan (IRP) has a gap in the years, 2022, 2023 and 2024, when no... 

DTI joins as partner of 2018 Factory of the Year competition 

By: Tasneem Bulbulia     29th October 2018 The Department of Trade and Industry (DTI) has joined A.T. Kearney, the Council for Scientific and Industrial Research (CSIR) and the Manufacturing Circle as a partner of the Factory of the Year competition. First announced at the Manufacturing Indaba in June, the competition is aimed at boosting... 

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