R/€ = 14.55 Change: 0.26
R/$ = 12.43 Change: 0.15
Au 1293.43 $/oz Change: 0.55
Pt 904.50 $/oz Change: 2.81


M&R hopes to convince ATON of commercial merits of Aveng tie-up

By: Terence Creamer     18th May 2018 Murray & Roberts (M&R) CEO Henry Laas says he will make every effort to convince its largest shareholder ATON – the German family-owned business, which owns 39% of the company and which has made a firm offer to acquire majority control of the South African engineering and construction group – of... 

Alstom wins GreenTec Award for hydrogen fuel cell powered train

By: Marleny Arnoldi     4th May 2018 French multinational Alstom’s Coradia iLint – the world’s first hydrogen fuel cell powered regional train – has won the GreenTec Award 2018 in the ‘Mobility by Schaeffler’ category.  

Exhibition tailored for the African market

By: Melissa Zisengwe     27th April 2018 The third edition of the bauma CONEXPO AFRICA, held from March 13 to 16, 2018 was a reflection of the African market and an opportunity to showcase products and new technology suited to different construction equipment segments for the African market, says Messe München MD Stefan Rummel. The... 

BMW to push EV range to 700 km, 12 new EVs set for launch by 2025

By: Irma Venter     23rd March 2018 Powered by the fifth generation of battery and drivetrain technology, from 2021, BMW will be able to offer all-electric vehicles (EVs) with a range of up to 700 km, and plug-in hybrids with an electrical range of up to 100 km, the German car maker said this week as it released its annual... 

BMW cautions on export credits, increased localisation

By: Irma Venter     22nd March 2018 Continued support through export credits is “the single most important ingredient” in German car maker BMW’s discussions with the South African government, and not land expropriation without compensation, or the push for increased black economic empowerment within the local auto sector, says BMW... 

Lufthansa to upgrade its Cape Town/Munich service

By: Rebecca Campbell     8th March 2018 German flag carrier Lufthansa announced on Thursday that it would start flying its new-generation Airbus A350-900 airliners on its direct cape Town/Munich route in December. The airline ordered 25 of these aircraft last year, of which the first ten will be based in Munich, flying on routes... 

German ruling likely blessing in disguise for platinum - RBPlat 

By: Martin Creamer     6th March 2018 The German Federal Court ruling on diesel car emissions, which could cost transgressors eight-billion euros in fines a year, is seen as a likely blessing in disguise for platinum, Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri said on Tuesday. The global backlash against diesel-engine cars,... 

Africa’s leading industry trade fair prepares to open its doors

By: Creamer Media Reporter      6th March 2018 The countdown has begun: bauma CONEXPO AFRICA opens its doors for the third time in one week. The largest trade fair for construction machinery, building material machines, mining machines and construction vehicles in Africa continues to attract international participation, highlighted by four... 

Mobile lab for polymer powders launched

By: Dylan Slater     15th December 2017 Munich-based chemical company Wacker launched a mobile containerised laboratory – MyLab – together with their long-term distributor IMCD in Randburg at the end of November.  

Siemens to build two gas-powered electricity plants in Libya

By: African News Agency      12th December 2017 Germany’s Siemens says it has signed contracts worth some €700-million ($824-million) to build two gas-powered electricity plants in Libya, AP reports. The plants are to be constructed in Misrata and Libya’s capital Tripoli, according to the Munich-based industrial conglomerate. 

Auto firms back deployment of high power EV charging network in Europe

By: Irma Venter     1st December 2017 BMW, Daimler, Ford and the Volkswagen group, which includes Audi and Porsche, have announced Ionity as a joint venture (JV) that will develop and implement a high-power charging (HPC) network for electric vehicles (EVs) across Europe. Ionity will launch 400 HPC stations by 2020. 

BMW joins race to secure cobalt for EV batteries

By: Bloomberg     24th November 2017 With one eye on accelerating demand for electric vehicles, BMW AG said it’s talking to suppliers of cobalt and other battery materials amid fears that stocks will run short and push already inflated prices higher. Sourcing of cobalt and other materials is “the most important” question BMW has to... 

Ford, BMW, Daimler and VW launch JV to enable long-distance electric vehicle travel

By: Irma Venter     3rd November 2017 BMW, Daimler, Ford and the Volkswagen group, which includes Audi and Porsche, have announced Ionity as a joint venture (JV) that will develop and implement a high-power charging (HPC) network for electric vehicles (EVs) across Europe. Ionity will launch 400 HPC stations by 2020. 

Helmuth Ludwig, Siemens’ Global Head of Information Technology, Highlights Joint Development Projects with Bentley Systems at Year in Infrastructure 2017 Conference

11th October 2017 Shares updates about joint development activities to advance product, production and performance “digital twins” In his keynote at Bentley’s annual event for sharing thought leadership relevant to infrastructure design, construction, and operations, Helmuth Ludwig, Global Head of Information... 

Messe Muenchen acquires lab-technology trade fair Lab Africa

By: Creamer Media Reporter      10th October 2017 Messe Muenchen bolsters its portfolio with the future market of Africa. By taking over Lab Africa, it is acquiring the only laboratory and analytics trade fair in South Africa, which is part of the analytica trade fair network. The first Lab Africa under the banner of Messe Muenchen will take... 

New partnership to raise awareness of industrial cybersecurity threats

By: Schalk Burger     22nd September 2017 Industrial control and automation multinational Siemens and the International Society of Automation (ISA) have partnered to raise awareness of global industrial cybersecurity needs, standards and the changing security landscape, as well as provide joint expertise for production information... 

McKinsey, KPMG targeted as South Africa graft scandal widens

By: Bloomberg     15th September 2017 After helping topple one of Britain’s best known public-relations companies, South African anti-corruption groups are now targeting US consultancy McKinsey & Co. and auditing firm KPMG for doing work for businesses tied to the Gupta family and President Jacob Zuma’s son. The Guptas, originally... 

Bidfood posts higher profits despite currency impacts

By: Anine Kilian     24th August 2017 JSE-listed food services company Bidfood – formerly Bid Corporation, which was unbundled from international services, trading and distribution firm Bidvest last year – reported on Thursday that its headline earnings a share rose 9.4% to 1 181c for the year ended June 30, 2017, while basic... 

Airbus DS test flies its new UAV in South Africa

By: Keith Campbell     18th July 2017 South Africa’s Overberg Test Range was the site of the first flight of the Airbus Defence and Space (Airbus DS) Sagitta jet-powered unmanned air vehicle (UAV) demonstrator, the European company announced on Tuesday. The aircraft, a flying-wing design, flew autonomously over the test range (which... 

Wacker Neuson executive board announces managerial changes for South Africa region.

8th June 2017 The executive board of Wacker Neuson has announced two managerial changes for South Africa. Mr. Eugene Brown, has resigned from his position as Regional President for the Sub-Saharan Africa region, effective 31 May, 2017 after five years at the company. The executive board expressed their... 

Positive signs for IFAT Africa 2017

By: Creamer Media Reporter      2nd June 2017 With four months to go before the beginning of the trade fair it is clear that IFAT Africa is proving to be relevant to many exhibitors. Close to 100 companies have already registered for the environmental technology trade fair in South Africa in 2017. IFAT Africa will be held at the Johannesburg... 

Wärtsilä introduces dedicated organisation to drive digital transformation

29th May 2017 The technology group Wärtsilä is currently implementing a digital transformation to become a data led, insights driven, and agile technology company dedicated to taking a leadership role in the smart marine and smart energy ecosystems throughout their entire lifecycle. The aim is to increase... 

Mega scissor lift gains first customer

By: Victor Moolman     5th May 2017 Cold storage designer and manufacturer IDS has become the first customer of construction equipment supplier Goscor to use the HL-275 D27 hydraulic mega scissor lift from Netherlands-based lift manufacturer Holland Lift. 

Digital Transformation - What it really means for Asset Management

By: Creamer Media Reporter      5th March 2017 Technology innovations are opening doors to a completely new world for asset management. The Internet of Things (IoT), big data and analytics, cloud computing, mobile solutions, augmented and virtual reality, condition monitoring and predictive maintenance, and business networks are some of the... 

Wacker Neuson SE’s Executive Board changes: Alexander Greschner to take over the role of CSO from Jan Willem Jongert

2nd February 2017 The Supervisory Board of Wacker Neuson SE and Mr. Jan Willem Jongert (member of the Executive Board responsible for sales) have agreed, by fully amicable and mutual consent, for Mr. Jongert to step down from his position earlier than planned due to differences in opinion over the concrete... 

Lufthansa's year-round Frankfurt-Cape Town route launched

By: Anine Kilian     2nd December 2016 International airline Lufthansa’s new direct year-round flight between Frankfurt and Cape Town is scheduled to arrive in Cape Town on Saturday morning. Passengers on this flight will enjoy a newly retrofitted Airbus A340-300, which boasts 279 seats and offers the airline’s new intercontinental... 

Wacker Neuson improves earnings in Q3 2016 despite challenging environment

15th November 2016 Leading international light and compact equipment manufacturer, the Wacker Neuson Group, saw revenue and earnings for the third quarter of 2016 increase relative to the previous year. Viewed over a nine-month period, revenue remained at the prior-year level, balancing out the drop in earnings... 

Beverage industry trade fairs join forces

11th November 2016 German drinktec trade fair organiser Messe München announced at this year’s Food and Drink Technology Africa trade fair that Italian wine technology exhibition SIMEI will, for the first time, feature as an integrated part of drinktec 2017, which will be held in Munich, in Germany, from September... 

Food & drink technology Africa—the success continues

23rd September 2016 Over 40 percent increase in participant numbers Leading networking and knowledge platform for the beverage and food industry in Africa 20 percent more exhibition space Food & drink technology Africa (fdt Africa) is continuing its success story. The most important sector event for the food and... 

Wacker Neuson Group confident for 2016 – despite a difficult start to the year

16th September 2016 During the first quarter of 2016, international light and compact equipment manufacturer Wacker Neuson continued to feel the impact of difficult conditions across many of its markets, in particular in the Americas region. Although the Group managed to maintain revenue at almost the same level as... 

Trade fair to provide industry networking platform

1st September 2016 Trade fair food & drink technology Africa (fdt Africa) – taking place on September 14 and 15 at Gallagher Convention Centre, in Midrand – is set to provide a platform for networking in the food and beverage industry. 

ABB introduces the IRB 1660ID, the market’s most versatile compact robot

1st September 2016 Munich, Germany (June 21, 2016) - ABB Robotics today unveiled its latest compact robot for arc welding and machine tending, the IRB 1660ID. The most versatile robot in the mid-size class, the new robot’s Integrated DressPack makes it easier to program and simulate predictable cable movements,... 

Siemens CEO sees political upheaval threatening orders

By: Bloomberg     19th August 2016 Fresh from raising the earnings outlook for a second time this year, Siemens AG CEO Joe Kaeser struck a more cautionary tone for the German engineering company, saying rising political uncertainty in countries like the UK and Turkey is clouding prospects for keeping the order books full.... 

Terex Implements Expansion Plan For Fuchs Material Handlers

8th August 2016 Terex Corporation continues to implement a series of strategic moves and investments to better position its purpose-built Fuchs material handler business for global expansion and sales growth. Recently, the business was rebranded “Fuchs – A Terex Brand” in key markets for consistent global brand... 

New technology for NDT technicians in South Africa

By: Simon Sonnekus     15th July 2016 South African non-destructive testing (NDT) technicians can possibly look forward to the global influx of new technology, following the completion of the nineteenth World Conference on NDT held in Munich, Germany, last month. According to South African Institute of Non-Destructive Testing... 

Training - the essential ‘tool’ to ensure customers get the latest technical expertise from Elquip Solutions

14th July 2016 While being able to access quality tools and equipment is a major advantage, expertise in their use is also essential. To ensure that its customers get exactly that, Elquip Solutions' Internal Sales Engineer Daniel Cox recently attended key training by two of the company’s international... 

Bauma Conexpo Africa 2018

8th July 2016 The dates for the next Bauma Conexpo Africa are confirmed: : The third International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles will be held at the Johannesburg Expo Centre from March 13 to 16, 2018. According to Stefan Otto,... 

New pumps launched at trade fair

8th July 2016 Global vacuum technology supplier Pfeiffer Vacuum introduced its new turbo pumps and diaphragm pumps at the Analytica trade show in Munich, Germany from May 10 to 13. With a pumping speed of 32 ℓ/s Pfeiffer Vacuum notes that the HiPace 30 is currently the most powerful turbo pump of this size on... 

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