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Fairvest maintains solid results for FY18

By: Simone Liedtke 4th September 2018 South African real estate investment trust Fairvest Property on Tuesday announced solid results for the year ended June 30, with annual distributions increasing by just over 9.9% to 20.15c a share. Fairvest continues to deliver sector-beating growth in distributions, while advancing the portfolio... →

Dinosaurs dominate South African Mint’s 2018 Natura Palaeontology Collection

By: Simone Liedtke 3rd September 2018 The South African Mint on Monday unveiled the five-coin Palaeontology Collection in 24 ct gold. The collection brings to life the ‘archosauria’, which comprise crocodiles, pterosaurs, dinosaurs and birds or the ruling reptiles that roamed and soared freely in Southern Africa about 200-million... →

Durban, South Africa Student Receives $ 2,500 Scholarship From The Ups Foundation

3rd September 2018 Kirsten Ashleigh Small, age 19, and a recent matriculant of Westville Girls’ High School in Durban, Kwa-Zulu Natal, has been chosen as one of 43 winners of a James E. Casey Scholarship. This annual award is presented by The UPS Foundation, the charitable arm of UPS® (NYSE:UPS), and is awarded to... →

Reflecting on sugar customs duty increase

By: Riaan de Lange 31st August 2018 So, will the increase in the variable formula tariff (VFT) on sugar – or the 'honey without bees', as Alexander the Great called it – mitigate the harshness of international trade or be the saccharine protection that the Southern African Customs Union (Sacu) producers desire it to be? Growing up... →

OneLogix continues upward growth trajectory in FY18

By: Simone Liedtke 30th August 2018 Despite the tough economic environment, JSE-listed OneLogix achieved an 82% year-on-year increase in earnings per share (EPS) to 52.7c for the financial year ended May 31. Headline earnings per share (HEPS) and diluted HEPS both increased by 14% to 33.7c. →

KZN Manufacturing Indaba 2018 Primes Manufacturers for Success

30th August 2018 Prime movers and participants of the nation’s manufacturing sector attended the Kwazulu Natal Manufacturing Indaba in record numbers at the Durban International Convention Centre (ICC) on the 22 August 2018. The annual event assembled provincial manufacturers and businesses to explore growth... →

Hire It launches locally-assembled and supported Kwagga range

30th August 2018 Leading tool hire and sales company Hire It (Natal) (Pty) Ltd. has officially launched the tough, cost-effective Kwagga range of locally-assembled equipment for the building and construction industry. Hire It has over 37 years’ experience in the hire and sales industry, gaining an excellent... →

Insimbi acquires Group Wreck for R120m

By: Marleny Arnoldi 28th August 2018 JSE-listed Insimbi Industrial Holdings is acquiring scrap metal recycler Group Wreck International for R120-million. “Insimbi needs to grow by acquiring businesses that complement the existing Insimbi businesses and are accretive to earnings,” said Insimbi CEO Fred Botha. →

Menar, partners to develop Riversdale Anthracite Colliery in South Africa

By: Marleny Arnoldi 27th August 2018 Mining investment company Menar has entered into a development agreement with Coalvent and African Onca to develop the Riversdale Anthracite Colliery (RAC) project, near Vryheid, in KwaZulu-Natal. This follows after Menar’s successful turnaround of the Zululand Anthracite Colliery (ZAC). →

Landscaping, building design grow together at Pran Boulevard in KZN

27th August 2018 Developing one of the last open sites on Umhlanga Rocks Drive in the Ridgeside precinct in Umhlanga, KwaZulu Natal afforded architecture and interior architecture company Paragon the unique opportunity to shape the landscaping as part of the overall design. Known as Pran Boulevard, the... →

Sumitomo Rubber’s truck, bus tyre plant starts production

By: Irma Venter 24th August 2018 Sumitomo Rubber South Africa (SRSA), manufacturer of the Dunlop tyre brand, has officially started production at its truck and bus radial (TBR) tyre manufacturing plant in Ladysmith, KwaZulu-Natal. Japanese company Sumitomo Rubber Industries, the world’s fifth-largest producer of automotive tyres... →

Mathe Group ups tyre processing by 35%, grows steel exports

By: Irma Venter 24th August 2018 The KwaZulu-Natal-based Mathe Group, South Africa’s largest tyre recycler, has developed two steel by-products that are being exported to Australia and Korea in growing quantities. Dr Mehran Zarrebini, head of British investment group PFE International, which is one of the major shareholders in... →

Electric cars: a real good thing?

By: Terry Mackenzie-hoy 24th August 2018 When I was young, our family would go to the Natal South Coast on holiday. The roads were not great; so, we would have to stay overnight halfway to Durban. At holiday times, there was a lot of traffic and sometimes the going was slow. Recently, Gregg and I went up the garden route on a project.... →

Gauteng: a looter’s paradise

By: Martin Zhuwakinyu 24th August 2018 Gold has been associated with our neck of the woods since its discovery on a farm just outside the present-day Joburg central business district back in 1886. Thanks to this association, it was not too difficult for our leaders in the early years of the post-1994 dispensation to come with a name... →

Project Vulindlela, South Africa

By: Sheila Barradas 24th August 2018 Sappi proposes to expand capacity and undertake various continuous improvement initiatives and upgrade projects at the Saiccor mill. →

JG Afrika helps SANRAL drive another strategic road upgrade

By: Creamer Media Reporter 23rd August 2018 JG Afrika, a leading engineering and environmental consultancy, is overseeing the upgrade of a 48 km section of the N2 highway between Caledon and Riviersonderend in the Western Cape. The road serves as a vital link between the Eastern Cape and KwaZulu-Natal, and about 3 500 motor vehicles and... →

Hatch wins award for project making a positive impact on the local community

22nd August 2018 Hatch has won an award in the Consulting Engineers South Africa Aon Engineering Excellence Awards, winning in the Projects with a Value Less than R50 Million category for the Tugela River Pedestrian Bridge project. The project is an example of how a community’s quality of life and future... →

Study initiated to assess conversion of Kelvin power station from coal to gas

By: Terence Creamer 21st August 2018 A $1.3-million feasibility study has been initiated into the prospect of converting the coal-fired Kelvin power station, east of Johannesburg, into a 450 MW to 600 MW gas-fired power station. The study will also assess the potential for developing the Kelvin site into a gas distribution hub for... →

55 Mℓ/d treatment plant completed

17th August 2018 Global optimised resource management company Veolia Water Technologies South Africa recently handed over the 55 Mℓ/d potable water treatment plant to State-owned water utility Umgeni Water in the iLembe district municipality in KwaZulu-Natal. The project was part of the Lower Thukela Bulk Water... →

Vodacom expanding rural network coverage

By: Natasha Odendaal 17th August 2018 Telecommunications giant Vodacom is accelerating its rural connectivity programme, with more than 200 new rural network sites planned across all nine provinces in the year ahead. The company has already provided 101 rural villages with second-generation (2G) and third-generation (3G) connectivity... →

Cable theft disrupts Metrorail's Joburg-Pretoria train service

By: Reuters 15th August 2018 Metrorail has said its technical teams are busy replacing stolen cables after its train service between Pretoria and Johannesburg was disrupted on Wednesday morning due to missing overhead wires on both lines at Olifantsfontein. As a result, trains from Johannesburg are turning around at... →

Buffalo’s future uncertain as it awaits funding proposals for Aviemore adit project

By: Creamer Media Reporter 10th August 2018 Coal producer Buffalo Coal is awaiting the submission of possible final offers from bidders interested in investing in its Aviemore mine, in KwaZulu-Natal. The mine has 18 months of life-of-mine (LOM) reserves left. To extend the LOM to 15 years, R445-million of additional capital is needed to... →

Omron focusing on aiding farmers

10th August 2018 Since early 2017, Japanese electronics company Omron has focused on providing solutions for the agricultural industry’s demand for technology and automation with the SX series of compact inverters, which is well suited for pumping applications, namely irrigation, that require smooth flow and... →

Sitatunga Resources hopes to create jobs at newly acquired colliery

By: Anine Kilian 8th August 2018 Exploration and mining project development company Sitatunga Resources, which has bought Wescoal’s coal assets near Newcastle, KwaZulu-Natal, believes its investment in the Braakfontein Colliery will create much-needed jobs in the area. Braakfontein Colliery is an advanced-stage exploration... →

Wescoal to dispose of LBC assets

By: Anine Kilian 7th August 2018 JSE-listed Wescoal has, through its wholly-owned subsidiary, Leeuw Braakfontein Colliery (LBC), entered into a sale of assets with Sitatunga Resources in terms of which LBC will dispose of its LBC assets in KwaZulu-Natal. The total consideration for the disposal is R103-million and will be paid... →

Corruption Watch report highlights schools, SOEs, health sector as areas of concern

By: Nadine James 7th August 2018 From January 1 to June 30, 2 469 cases of corruption were lodged with Corruption Watch the organisation noted in its ‘2018 Analysis of Corruption Trends (ACT)’ report, which it released on Tuesday. Six areas of concern were highlighted by these cases, including schools, municipalities, the South... →

Sumitomo Rubber’s truck and bus tyre plant starts production

By: Irma Venter 7th August 2018 Sumitomo Rubber South Africa (SRSA), manufacturer of the Dunlop tyre brand, has officially started production at its truck and bus radial (TBR) tyre manufacturing plant in Ladysmith, KwaZulu-Natal. Japanese company Sumitomo Rubber Industries, the world’s fifth-largest producer of automotive tyres... →

Mathe Group ups tyre processing by 35%, grows steel exports

By: Irma Venter 7th August 2018 The KwaZulu-Natal-based Mathe Group, South Africa’s largest tyre recycler, has developed two steel by-products that are being exported to Australia and Korea in growing quantities. Dr Mehran Zarrebini, head of British investment group PFE International, which is one of the major shareholders in... →

81 professionals appointed to help shape struggling municipalities’ infrastructure delivery

By: Marleny Arnoldi 6th August 2018 Cooperative Governance and Traditional Affairs (Cogta) Minister Zweli Mkhize on Monday announced the appointment, by his department, of 81 engineers and town planners to assist with infrastructure delivery in 55 struggling municipalities across South Africa. Through Cogta’s implementing agent,... →

High-speed door solutions from Maxiflex are cool!

6th August 2018 High-speed roll-up doors from Maxiflex are helping to maintain constant temperatures inside the cold storage and refrigeration areas of Makro Riversands and Makro Springfield located in Gauteng and Kwazulu-Natal (KZN) respectively. “Makro Riversands is a brand new store that opened its doors at... →

High-speed door solutions from Maxiflex are cool!

3rd August 2018 High-speed roll-up doors from Maxiflex are helping to maintain constant temperatures inside the cold storage and refrigeration areas of Makro Riversands and Makro Springfield located in Gauteng and Kwazulu-Natal (KZN) respectively. “Makro Riversands is a brand new store that opened its doors at... →

Menar hopes to expand through $28m Kangra Coal buy

By: Creamer Media Reporter 1st August 2018 Mining investment company Menar Holding plans to acquire a 70% stake in Kangra Coal, which owns assets in Mpumalanga and KwaZulu-Natal, from Madrid-listed Gas Natural Fenosa for $28-million. If approved, the acquisition will add to Menar’s growing portfolio and diversified geographical location... →

Tower Property’s vacancies decrease amid improving consumer, business sentiment

By: Simone Liedtke 31st July 2018 An improvement in South African consumer and business sentiment in early 2018 contributed to real estate investment trust (Reit) Tower Property Fund’s vacancies reducing to 5% at the end of its financial year to May 31, after having reached a high of 12% in January. However, in order to secure... →

Women power at Engen prepares to pay it forward

27th July 2018 Nhlokomo Mhlophe has made significant strides to realise her ambition of becoming a “strong, independent black woman”. Now, thanks to her place in Engen’s Graduate Development Programme, she is preparing to focus on the second half of that goal – to empower other women like her. →

SMEC South Africa achieves two wins at SAICE Durban Regional Awards event

By: Maxine Arries 27th July 2018 The 2018 Annual SAICE Durban Branch Awards took place on Friday 22nd June at the Coastlands Hotel in Umhlanga, and is a prestigious event attended by clients and leading consulting firms within the region. The Awards celebrate the industry as a whole, and recognise achievements made by project... →

Sappi to combat artisan skills dearth with two new centres

By: Erin Steenhoff-Snethlage 27th July 2018 To ensure an adequate supply of skilled labour and artisans, pulp and paper company Sappi has opened training centres in KwaZulu-Natal and Mpumalanga. Sappi opened a training centre at its Saiccor mill in Umkomaas, KwaZulu-Natal, in January and at its Ngodwana mill near Mbombela, in Mpumalanga,... →

Semantics around land expropriation

By: Riaan de Lange 27th July 2018 The semantics around land expropriation As I have said many times before, English is, at the best of times, a most intriguing and peculiar language. But I strongly believe that the English are not solely to blame for this. If anything, the Americans did, and continue to, play a role in butchering... →

DEHN AFRICA offers lightning and surge protection for renewable energy sources

By: Creamer Media Reporter 26th July 2018 Lightning strikes to renewable energy equipment on wind or solar farms, or rooftop solar panels, will cause damage at the strike point, as well as lightning surge damage to any equipment that is connected downstream. While external lightning protection helps avoid damage at the strike point... →

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