R/€ = 14.15 Change: -0.06
R/$ = 13.03 Change: 0.12
Au 1272.19 $/oz Change: -14.45
Pt 959.50 $/oz Change: -16.50


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... 

Asset manager launches latest logistics and warehousing facility 

     20th April 2017 Asset management Fortress Income Fund has launched its Westlake View logistics park, further increasing the companies warehousing and logistics development pipeline, which currently has a gross leasable area of about 1-million m2 that spans Gauteng, the Western Cape and KwaZulu-Natal.  

Flooring project completed at Cape Town hospital

By: Marleny Arnoldi     14th April 2017 Vinyl supplier Polyflor South Africa (SA) recently completed a 16-storey building flooring project for the relocation of Christiaan Barnard Hospital –part of healthcare provider Netcare Group – in Cape Town, which has been under construction for 18 months.  

Increased demand for SD flooring

By: Marleny Arnoldi     14th April 2017 Static control solutions provider Altico completed two static dissipative (SD) flooring installations last month for the electronic repairs franchise weFix at Balito Lifestyle Centre, in KwaZulu-Natal, as well as at the Vaal Mall, in Gauteng. 

Ross Collard

     14th April 2017 This we feature Ross Collard, MD of Chase Construction, which distributes distributes Case earthmoving equipment throughout South Africa   

Moyane lent tacit approval to the Rogue unit storyline - former spokesperson

By: News24Wire      7th April 2017 Denying that the alleged Rogue Unit existed was not the message Sars management wanted to convey to the public. Former Sars spokesperson Adrian Lackay said during cross examination on Thursday that this was the message given by managers at Sars during a GCIS meeting held in December 2014. 

Development projects a core part of business

By: Simone Liedtke     7th April 2017 Owing to the role of groundwater resource development projects in communities’ wider socioeconomic wellbeing, consulting engineering company JG Afrika’s geohydrology technical director Mark Schapers says these projects are fast becoming a core part of the team’s business. 

South African automotive industry at a crossroads

By: Shirley le Guern     6th April 2017 The local automotive industry is at a crossroads and the timing of the inaugural National Association of Automobile Component and Allied Manufacturers (Naacam) show, in Durban, came at a critical point for those rising to the challenge of massive policy changes and industry challenges. Speaking... 

DEA suspends activities at EnviroServ’s Shongweni landfill site

By: Creamer Media Reporter      5th April 2017 The Department of Environmental Affairs (DEA) on Tuesday suspended the acceptance, treatment and disposal of waste at EnviroServ Waste Management’s Shongweni landfill site, in eThekwini, KwaZulu-Natal, which failed to comply with provisions of the law and conditions of its Waste Management... 

Gold-focused Pan African sells coal interests

By: Martin Creamer     5th April 2017 Midtier gold mining company Pan African Resources has sold its coal interests to Coal of Africa Limited (CoAL) for a combination of cash and shares. Pan African will dispose of all its shares and loan accounts in its wholly-owned subsidiary, Pan African Resources Coal Holdings Proprietary, the... 

CoAL buys cash generative Uitkomst colliery while Makhado development advances

     5th April 2017 South Africa-focused Coal of Africa Limited (CoAL) has entered into a R275-million deal to acquire Pan African Resources Coal Holdings, a subsidiary of JSE-listed Pan African Resources, which holds a 91% interest in the Uitkomst colliery, in KwaZulu-Natal. The group also entered into a loan... 

Economics now key driver of commercial rooftop solar adoption as supply stabilises - juwi

By: Terence Creamer     3rd April 2017 Renewable energy engineering, procurement and construction services group juwi Renewable Energies expects the commercial solar market in South Africa to undergo a significant shift in the coming months as independent power producers (IPPs) begin playing a more prominent role. CEO Greg Austin says... 

Air Seychelles starts flights to Durban

     3rd April 2017 Today, the Province of KwaZulu-Natal welcomed the inaugural flight of Air Seychelles to Durban’s King Shaka International Airport.   Air Seychelles will be flying a twice-weekly non-stop service on Thursdays and Saturdays, connecting Durban and the Seychelles' capital Mahé, using an Airbus A320... 

Gordhan is inciting a revolution – eThekwini ANCYL 

By: African News Agency      31st March 2017 The African National Congress Youth League (ANCYL) in eThekwini Region has accused outgoing Finance Minister Pravin Gordhan of inciting a revolution, saying that it was extremely concerned at the nature and content of his media briefing. “Never in a million years did we imagine a day where a... 

Outa seeks legal action in the wake of Cabinet Reshuffle

By: African News Agency      31st March 2017 The Organisation Undoing Tax Abuse (Outa) said on Friday that it was exploring legal action and would persuade influential people in authority to support this objective following the axing of outgoing Finance Minister Pravin Gordhan. Outa’s decision to seek legal action comes after the Democratic... 

Gigaba in hot seat as new Finance Minister

By: News24Wire      31st March 2017 Former home affairs minister Malusi Gigaba has replaced Pravin Gordhan as the new Finance Minister of South Africa. Gigaba, born in 1971 in KwaZulu-Natal holds a bachelor-degree in Education and a Masters in Arts degree in Social Policy from the University of Durban Westville. 

Coal junior targets near-threefold output increase to 10Mt/y in two years

By: Ilan Solomons     31st March 2017 Junior coal mining company Canyon Coal is producing 300 000 t/m of run-of-mine (RoM), which equates to 3.6-million tons of coal a year across all its operations. However, the company is aiming to increase this to ten-million tons a year over the next two years, thereby making it a midtier coal... 

Platinum beneficiation champion poised to launch fuel cell components plant

By: David Oliveira     31st March 2017 South Africa’s much-spoken-about platinum beneficiation drive is poised to receive some sorely needed impetus later this year, when Isondo Precious Metals’ (IPM’s) fuel cell component manufacturing plant arrives in the country. The best-in-class plant, designed and built by German coating... 

Zuma’s night of the long knives

By: News24Wire      31st March 2017 President Jacob Zuma has fired Finance Minister Pravin Gordhan in his biggest Cabinet reshuffle yet since assuming office in 2009. In a brutal display of power, the president fired five ministers, including former tourism minister Derek Hanekom, who asked for Zuma to be recalled last year. 

Need for industry growth must be recognised

By: Robyn Wilkinson     31st March 2017 More favourable economic conditions for sugar cane production and processing need to be fostered in South Africa to protect and grow a sector that contributes an average R12-billion to the economy and provides about 350 000 jobs in the country, say industry associations the South African Cane... 

Platinum beneficiation champion poised to launch fuel cell components plant

By: David Oliveira     31st March 2017 South Africa’s much anticipated platinum beneficiation drive is about to start, following the arrival of local beneficiation company Isondo Precious Metals’ (IPM’s) fuel cell component manufacturing plant, which is expected to arrive in the country later this year. The new best in class plant,... 

Sugar industry reduces haulage costs by R38m

By: Robyn Wilkinson     31st March 2017 The South African sugar cane industry should be congratulated on the progress it has made over the past ten years in improving the efficiency of its haulage system in line with the South African National Roads Agency’s Road Traffic Management System (RTMS), says South African Cane Growers’... 

Sugar tax threatens sugar industry survival

By: Robyn Wilkinson     31st March 2017 The South African Treasury’s proposal to introduce a tax on sugar-sweetened beverages (SSBs) later this year threatens the sustainability and survival of a sugar industry already under strain, says South African Sugar Association (Sasa) executive director Trix Trikam. 

Solidarity stresses importance of saving South Africa’s steel industry

By: Anine Kilian     30th March 2017 Trade union Solidarity on Thursday emphasised the importance of South Africa’s steel industry, stating that it is a “key enabler of every part of the South African economy – including the automotive, mining, construction, energy and infrastructure sectors, all of which have been identified as... 

Joint industrial water efficiency activities count every drop and make every drop count

     30th March 2017 The National Cleaner Production Centre South Africa (NCPC-SA) will announce plans on the NCPC-SA Industrial Water Efficiency Project during a workshop to be hosted by the Royal Danish Embassy on 30 March 2017. The focus of the workshop will be on prevailing water quantity and quality challenges... 

Property body investigates municipal rates and taxes

By: David Oliveira     24th March 2017 The South African Property Owners Association (Sapoa) announced last month that it had reappointed specialist consultants Rates Watch to monitor rates policies for the next five years, owing to the negative impacts of rising municipal rates and taxes on operating costs, gross rentals and property... 

Pumps range included in offering to cater for demand

By: Simone Liedtke     24th March 2017 Technical solutions provider Bearing Man Group (BMG) is strategising to enhance its fluid technology services to meet growing market demand in diverse industries, including the pumps industry. 

State of the township economy

By: Sydney Majoko     24th March 2017 During this year's chaotic State of the Nation address (Sona), in February, President Jacob Zuma promised that, in line with the radical economic development that government is embarking on, the State will use its buying power to boost and empower small business enterprises, especially rural and... 

Agriculture department prefers 'measured approach' to poultry industry crisis

By: African News Agency      23rd March 2017 The department of agriculture preferred a more measured approach to dealing with the crisis in the South African poultry industry as opposed to the “trade war” with the European Union proposed by the Food and Allied Workers Union (Fawu), MPs were told on Wednesday. “As a department our view that... 

Find a multitude of industrial technology solutions at KITE 2017

     22nd March 2017 There are a number of common denominators for any manufacturing business when considering the sustainability and profitability of their operation and jargon like ‘just in time (JIT)’, ‘continuous workflow’ and ‘waste reduction’ is commonly used when referring to lean manufacturing processes.... 

EIUG supports Eskom plan for new pricing deals with power-intensive firms 

By: Terence Creamer     22nd March 2017 The Energy Intensive User Group of Southern Africa (EIUG) believes there is policy, legislative and regulatory space to introduce new electricity pricing arrangements to help restart of idle mining and process-industry activities, as well as encourage new investments to absorb Eskom’s surplus,... 

South Africa asks World Bank to review ease-of-doing-business position in light of InvestSA initiative 

By: Terence Creamer     17th March 2017 The South African government has officially launched a new investment facilitation service, dubbed InvestSA, which it claims will dramatically reduce red tape for foreign and domestic businesses seeking to pursue greenfield or brownfield projects in the country. The service, which has both... 

Evowood’s Estcourt mill dismisses 434 workers, remains closed after protracted strike action

By: Natasha Odendaal     17th March 2017 Some 434 Estcourt mill workers have been dismissed by hardboard manufacturer Evowood following protracted illegal strike action and a subsequent production stoppage costing the company more than R2-million a day. The workers were dismissed following a disciplinary process and a February 27 Labour... 

Commission gets go-ahead to review evidence in margarine manufacturers cartel case

By: Creamer Media Reporter      17th March 2017 The Competition Commission on Friday welcomed a High Court ruling in its favour to review evidence seized during an investigation into alleged cartel activity by five manufacturers of refined edible cooking oils, baking fats and margarine in South Africa. Early in March, DH Brothers Industries,... 

Extra funding for another SA-based international radio telescope project

By: Keith Campbell     17th March 2017 The international Hydrogen Epoch of Reionisation Array (Hera) telescope, being constructed in South Africa’s radio astronomy reserve in the Karoo region in the Northern Cape province, has received a significant new cash injection, that will fund a major expansion of the array, SKA South Africa... 

Fall Armyworm reported in maize fields in two provinces

     17th March 2017 Last month, independent grain producers' support organisation Grain SA said that reports from KwaZulu-Natal and the Eastern Cape mentioned that the Fall Armyworm – also known as the Spodoptera Frugiperda – has established itself mainly in maize but also in sorghum, cotton, some vegetables and... 

Renewable Energy Independent Power Producer Procurement Programme – third window, South Africa

By: Sheila Barradas     17th March 2017 An update on the Renewable Energy Independent Power Producer Procurement Programme – third window. 

Domestic tourism declines between 2013 and 2015, but expenditure increases

By: Megan van Wyngaardt     16th March 2017 Domestic tourism declined from 54.4-million day trips in 2013 to 44-million in 2015, Statistics South Africa’s Domestic Tourism 2015 report, published on Thursday, reveals. However, while there was a downward trend in the number of day trips, the total expenditure on day trips increased from... 

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