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PE composites cluster investigates basalt, kenaf potential

By: Irma Venter     26th May 2017 Nelson Mandela Bay Composites Cluster MD Andy Radford says the cluster has mapped the value chain for the production and application of basalt in composites. He says the cluster is at an advanced stage of securing local and global beneficiators and buyers for the mineral for use in composite... 

Long-serving Sanral engineering exec looks back as he prepares to step down

By: Irma Venter     26th May 2017 When Koos Smit studied civil engineering on a public service bursary at the University of Pretoria in the 1970s, the plan was that he would qualify and build dams and pipelines.However, an oversupply of engineers at the Department of Water Affairs saw him sign up at National Roads. He remained at... 

Volvo Trucks makes further investment into Durban plant

By: Irma Venter     26th May 2017 Volvo Trucks South Africa (VTSA) has invested R6.5-million into its semi-knockdown manufacturing plant, in Durban. The investment will allow the facility to install and calibrate selected safety features that were previously not available in the local market. 

‘Onerous’ Northern Aqueduct project impacts Esor’s FY17 results

By: Anine Kilian     25th May 2017 Losses of R102-million incurred on the Northern Aqueduct water pipeline project, in KwaZulu-Natal, severely impacted on JSE-listed Esor’s profitability for the year ended February 28. The nonrealisation of the R50-million Franki agterskot in terms of the three-year earn-out clause under the sale... 

Miranda Mineral Holdings to sell noncore Sesikhona Klipbrand colliery

By: Megan van Wyngaardt     25th May 2017 JSE-listed Miranda Mineral Holdings, together with its wholly-owned subsidiary Miranda Coal, will sell its 73% shareholding in Sesikhona Klipbrand colliery, in KwaZulu-Natal, to Osho SA Coal for R5-million, payable in two tranches. The parties are currently involved in litigation arising from the... 

Resources Watch  

     25th May 2017 Implats trial of safety packed drill rig imminent; KZN coal mine supplying communities’ water needs and mulls output expansion; And, Golden Arrow, Silver Standard JV ‘a match made in heaven’ as explorer turns producer 

Mgojo elected president as chamber heads for new beginning, new name, rebranding

By: Martin Creamer     24th May 2017 It is an organisation that is more relevant today than it has ever been in its 128-year history. Its role is so much more than mining. It operates in a changing environment and needs to contemplate its own new identity and name. 

Vukile to actively pursue opportunity in Spain, sees through ‘momentous’ year

By: Mia Breytenbach     24th May 2017 JSE-listed real estate investment trust (Reit) Vukile, which on Wednesday posted a 7.1% year-on-year increase in its dividend to 156.75c a share for the year ended March 31, is actively evaluating opportunities in Spain to diversify its earnings stream and enhance its high-quality portfolio. CEO... 

AfriBusiness launches investigation into Transnet’s multiproduct pipeline 

By: Megan van Wyngaardt     24th May 2017 Nonprofit business rights watchdog AfriBusiness will launch an application against Transnet regarding the new multi-product pipeline’s (NMPP’s) completion and implementation. The NMPP, which entailed the building of a pipeline for the transportation of various fuels from Durban, in KwaZulu-Natal,... 

Tribunal fines Giuricich Coastal Projects R900 000 for cover pricing

By: Anine Kilian     22nd May 2017 The Competition Tribunal on Monday issued an order imposing an administrative penalty of R900 000 on construction company Giuricich Coastal Projects for cover pricing in 2008. The Competition Commission said Mondi had invited three construction firms – Giuricich, Grinaker and Stefanutti Stocks –... 

DA asks AG to probe unnecessary R81m advance payment to Zuma benefactor

By: African News Agency      22nd May 2017 Water and Sanitation Minister Nomvula Mokonyane needs to explain why President Jacob Zuma’s close friend Philani Mavundla was allegedly irregularly paid an advance of tens of millions of rand, the Democratic Alliance (DA) said on Sunday. The DA would ask Auditor General (AG) Kimi Makwetu to... 

Tongaat Hulett expects 40% increase in FY profit as prices climb

By: Megan van Wyngaardt     19th May 2017 Local sugar producer Tongaat Hulett expects its operating profit for the year ended March 31 to rise by 40% to R2.3-billion, owing to improved market prices, more effective import protection dynamics in the countries where it operates and higher prices realised for exports. The various sugar... 

KZN coal mine supplying communities’ water needs and more, mulls output expansion 

By: Ilan Solomons     19th May 2017 The Zululand region of KwaZulu-Natal was afflicted by what the Department of Water and Sanitation described as the “worst drought in a century” in 2016 and is still one of the water-scarce areas of the country. Helping neighbouring communities survive this disaster, investment company Menar... 

Five mobile transformers delivered to Mkondeni unit

     19th May 2017 Five mobile transformers were delivered to State-owned power utility Eskom’s Mkondeni unit in KwaZulu-Natal in March.  The plan to purchase the five 132/88-22/11KV mobile transformers started in 2011 and was followed by a rigorous procurement process. Industrial corporation Siemens was awarded... 

Tourism can change people's lives for the better – Zuma

By: News24Wire      17th May 2017 Tourism has the potential to change people’s lives for the better, especially during these globally depressed economic times, President Jacob Zuma has said. In addition to job creation, tourism also provided opportunities for entrepreneurship, Zuma said at the official opening of the Travel... 

Higher education dept to invest R6.9bn in infrastructure in 2017/18

By: Anine Kilian     16th May 2017 The Department of Higher Education and Training (DHET) will invest R6.9-billion on major new infrastructure developments at local universities and technical and vocational education and training (TVET) colleges in the 2017/18 financial year. Addressing a media briefing ahead of the department’s... 

Kubayi expresses support for 3 700 MW gas-to-power vision amid IPP uncertainty 

By: Terence Creamer     16th May 2017 Energy Minister Mmamoloko Kubayi expressed her support on Tuesday for the country’s proposed gas-to-power programme, assuring delegates to a conference in Cape Town that government intended proceeding in line with the existing “vision and policy objectives” for gas infrastructure. “Over the past... 

Balwin delivers solid year-end results, sustains property demand

By: Mia Breytenbach     15th May 2017 Residential property developer Balwin Properties has achieved a solid financial performance in the year ended February 28, with headline earnings a share and earnings a share up by 7% to 141c. The group’s profit for the period improved by 18% year-on-year to R661-million, while revenue rose 30%... 

Despite navigating murky waters, coal junior Buffalo swings back into the black as coal prices rise

By: Henry Lazenby     12th May 2017 Dual-listed, high-quality coal producer Buffalo Coal has swung back to profit for the first three months of 2017, boosted by improving demand for its anthracite and bituminous coal. The Johannesburg-based junior public company, with listings on the TSX-V and the JSE’s AltX exchanges and... 

Cement and concrete affected by faltering construction industry

By: Tasneem Bulbulia     12th May 2017 The construction industry in South Africa – which is tied directly to the state of cement and concrete – is stuttering, but there is scope to improve, says chemicals solutions provider Chryso Southern Africa (Chryso) CEO Norman Seymore. It has been widely reported that the construction industry... 

Fast Population Growth Means Fast Infrastructure!

     11th May 2017 The World Health Organisation estimates that by 2025 half of the world’s population will be living in water-stressed areas. That is a frightening statistic. With water being the key source to life as we know it, this is a serious problem that needs serious solutions. 

Sacci brushes off resignations as 'no cause for alarm'

By: Megan van Wyngaardt     10th May 2017 The South African Chamber of Commerce and Industry (Sacci) on Wednesday refuted ongoing allegations regarding financial and governance irregularities, noting that it had taken legal action to retract the statements, “which have no basis in fact”. Last week, the Ekurhuleni Chamber of Commerce and... 

R13bn debt threat to KwaZulu-Natal municipalities 

By: African News Agency      10th May 2017 A failure to pay over R13-billion to municipalities across KwaZulu-Natal was threatening the livelihood of some councils and has prompted the provincial cooperative governance and traditional affairs (Cogta) department to enlist the services of the South African Revenue Services (Sars) to assist... 

Sanral’s chief engineer on retirement, career highlights and tolling 

By: Irma Venter     5th May 2017 When Koos Smit studied civil engineering on a public service bursary at the University of Pretoria in the 1970s, the plan was that he would qualify and build dams and pipelines. However, an oversupply of engineers at the Department of Water Affairs saw him sign up at National Roads. 

Eskom removes power line to protect endangered bird species 

By: Natasha Odendaal     5th May 2017 State-owned power utility Eskom has removed a section of an overhead power line that posed a hazard to endangered species, the Grey Crowned Crane. This followed an assessment into an incident reported to the Endangered Wildlife Trust (EWT) by a landowner in which a Grey Crowned Crane collided... 

Agriculture sector needs to be globally competitive to survive

By: African News Agency      5th May 2017 Job losses were inevitable if the agricultural sector was not globally competitive and not supported by government, the World Economic Forum on Africa heard yesterday. Speaking on the sidelines of the WEF event in Durban, Mauricio Adade, board chairperson of Africa Improved Foods, said: “It’s... 

Electric cars

By: Terry Mackenzie-hoy     5th May 2017 Michael Douglas, the actor starred in the 1987 film, Wall Street, played Gordon Gecko, who decreed that "greed is good". In the sequel to the film, Gekko, in 2000, is released from prison after serving eight years for insider trading and securities fraud. He is handed his possessions, which were... 

Asset management company launches new logistics facility

By: David Oliveira     5th May 2017 Asset management company Fortress Income Fund launched its 19 878 m2 Westlake View logistics park in March, further increasing the company’s warehousing and logistics development pipeline. The company currently has a gross leasable area of about one-million m2 that spans Gauteng, the Western Cape... 

Believe me, SA has all the water we need

By: Kelvin Kemm     5th May 2017 Winter is approaching and, for us folks in the highland areas of South Africa, such as Gauteng, Limpopo, the North West, the Free State and other provinces, this means that nights become cold. We are blessed in this country because the winter days in these areas have no clouds. This means that... 

Need for partnerships in water sector emphasised

By: Johane Turkstra     5th May 2017 With South Africa’s water infrastructure in need of an upgrade, advisory firm KPMG says utilities and the private sector need to form partnerships that will ensure that these upgrades take place. “The main challenge in the water sector is not only the provision of infrastructure but its... 

KZN treasury probing R6.9bn fraud

By: News24Wire      4th May 2017 KwaZulu-Natal’s treasury is investigating fraud and corruption amounting to R6.9-billion, finance MEC Belinda Scott told a sitting of the legislature on Wednesday. The treasury’s forensic investigation unit and Asset Forfeiture Unit (AFU) were probing the alleged crimes, which date from 2009, she... 

Omron to fly Sysmac motion solutions flag at KITE 2017

     3rd May 2017 Omron will showcase its flagship Sysmac motion solutions, incorporating robotic and visual inspection control, at the Kwazulu-Natal Industrial Technology Exhibition (KITE) from 26 to 28 July at the Durban Exhibition Centre in Durban. The exhibition is perceived as a major platform for Omron’s... 

Omron to fly Sysmac motion solutions flag at KITE 2017

     3rd May 2017 Omron will showcase its flagship Sysmac motion solutions, incorporating robotic and visual inspection control, at the Kwazulu-Natal Industrial Technology Exhibition (KITE) from 26 to 28 July at the Durban Exhibition Centre in Durban. The exhibition is perceived as a major platform for Omron’s... 

CoAL making progress to re-enter market as coal producer – Brown

By: Anine Kilian     28th April 2017 Triple-listed Coal of Africa Limited (CoAL) is making good progress in re-entering the market as a coal producer, CEO David Brown said in a quarterly update to shareholders on Friday. The company earlier this month announced that it would buy Pan African Resources’ Pan African Resources Coal... 

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... 

SBS Tanks

By: Zandile Mavuso     28th April 2017 With the combined issues of population growth and climate change as well as water supplies becoming more and more tricky to manage, important solutions to these many challenges is the treatment of sewage and effluent. 

LNG-focused energy firm pursuing ‘diversified’ African investment pipeline

By: Terence Creamer     26th April 2017 Black-empowered energy company African Energy Partners (AEP), which plans to list as a special purpose acquisition company on the JSE’s AltX board on June 1, to raise up to R500-million to pursue liquefied natural gas (LNG) prospects in Africa, reports that its investment pipeline includes a... 

Just what is education?

By: Kelvin Kemm     21st April 2017 There is hardly a day that goes by without the word ‘education’ coming up somewhere.  Everybody agrees that education is important, but what I detect is that virtually nobody asks what education actually is. That question is most important.  Many people just assume that, if a person goes to... 

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