R/€ = 16.88 Change: 0.00
R/$ = 14.35 Change: 0.02
Au 1199.10 $/oz Change: 0.66
Pt 827.50 $/oz Change: -0.91


Financing pressure eases as alternatives fill gap – TD Securities

By: Simon Rees     10th July 2014 The financing pressures experienced by the mining sector are slowly lifting as alternative options become more accessible and increasingly popular, TD Securities head of global mining investment banking Michael Faralla told an audience at the Canada-South Africa Chamber of Business’s Innovative... 

New mindset needed if green is to become blue

27th June 2014 The green economy discourse in countries such as South Africa is that of a vague pessimism. Industrialists are seeing the risk of environmental restrictions standing in the way of the success of their industries while some realised cost-reductions through efficient resource-use. Half-convinced... 

SA backs G20 resolution to scale-up employment-boosting policies 

By: Natalie Greve     9th June 2014 South Africa has reiterated its support of a resolution by the Group of 20 (G20) Finance Ministers and central bank governors to promote the scaling-up of internal policies to deal with the “crippling” global unemployment crisis. Speaking at the ongoing 103rd session of the International Labour... 

Glass manufacturer upgrades recycling facility

By: David Oliveira     6th June 2014 South Africa-based float and patterned glass manufacturer PFG, a division of the PG Group, is expanding its windshield recovery and reclamation facility in Springs, on the East Rand of Johannesburg. PFG sales director Bob van Schelt notes that the expansion will help the company recycle more... 

Babcock-Supplied Construction Equipment Performs Well On St Helena

3rd June 2014 Babcock’s supply of heavy construction equipment to support the construction of an airport on the remote island of St Helena will also be deployed to build a permanent wharf on the island that will allow ships to dock alongside for the first time in St Helena’s history. The island is in the South... 

Heavy rains dampen piling

By: Dylan Slater     23rd May 2014 Despite being hampered by water ingress after heavy summer rainfall, piling company and Master Builders Association (MBA) North member Gauteng Piling has completed its piling contract for a new large-scale warehouse for Value Logistics in Pomona, Kempton Park, in March. 

France’s Total Strengthens Partnership with Saudi Zahid Group

19th May 2014 Total has announced that it has invited direct foreign investment in its Marketing and Services affiliate, Total Maroc, and that Zahid Group, headquartered in Jeddah, Saudi Arabia, has become a 30% shareholder of the company. Total Maroc is also currently preparing an initial public offering on... 

Araldite® adhesives facilitate the spread of innovation across Europe’s railways

15th May 2014 Driven by rising road congestion, demand for mobility and concerns over climate change, in Europe considerable emphasis is now being placed on developing rail as a key transport mode by promotingstep-change innovations for passenger rolling stock, freight transport and rail infrastructure.  Here,... 

US Oil Sands’ biosolvent extraction patent approved

By: Henry Lazenby     22nd April 2014 Canadian innovator and project developer US Oil Sands on Tuesday announced that the United States Patent and Trademark Office had approved its patent application for its bio-solvent based oil sands extraction method, which the company bills as an industry “game changer”. The TSX-V-listed company... 

RMS automates its Pretoria manufacturing facility

11th April 2014 At a presentation in March, Reinforcing & MeshSolutions (RMS), one of the largest reinforcing and mesh manufacturing suppliers in South Africa, introduced customers to their new automated bar reinforcing and pre-assembly facilities at their factory, in Pretoria. RMS business development director... 

Lucara Diamond Corp completes another exceptional tender

By: Henry Lazenby     10th April 2014 Lucara Diamond Corp, which produces high-value precious gems from its flagship Boteti Karowe diamond mine, in Botswana, on Thursday held its first exceptional stone tender of the year, which garnered gross proceeds of $50.47-million. The TSX- and Gaborone-listed miner said it had sold 20 diamonds... 

No electric car without plastic

7th April 2014 BASF with materials and construction know-how in the BMW i3: • New seat structure made of Ultramid® (PA) • Multifunctional body reinforcement made of Ultradur® (PBT) • Self-supporting rear seat shell made of Elastolit® (PU) • Structural reinforcement for the roof frame made of Elastolit® D (PU) 

Andrew Mentis Expanded Metal Products Increase Safety

28th March 2014 On-site safety remains a hot potato for many organisations. While slips, trips and falls can be attributed to a number of factors, inadequately designed and manufactured walkways remain a primary contributor to onsite accidents. According to Elaine van Rooyen, marketing manager at Andrew Mentis,... 

Olifants River Water Resources Development Project Phase 2, South Africa

28th March 2014 President Jacob Zuma officially opened the 347-million-cubic-metre De Hoop dam on March 24. 

World to face water scarcity by 2050

By: Carina Borralho     7th March 2014 The Organisation for Economic Co-operation and Development estimates that, by 2050, more than 60% of the population in Brazil, Russia, India, Indonesia, China and South Africa, will live under severe water stress. “Unless powerful measures are taken to boost water productivity, we run the risk of... 

Infrastructure Dialogue, Infrastructure Bill

3rd March 2014 Over the past few years the momentum around infrastructure delivery has been mounting, much has been achieved but equally many challenges remain unresolved. The establishment of the PICC, together with the SIPs were crucial interventions in this process. This is now being reinforced and given... 

MTN, Vodacom legal challenge could derail lower call cost ambitions

By: Natasha Odendaal     27th February 2014 Should mobile operators MTN and Vodacom’s legal challenge against the Independent Communications Authority of South Africa (Icasa) succeed in halting the imminent mobile termination rate (MTR) cuts, it could hamper attempts to further cut the cost of communication in South Africa. Cell C chief... 

SA pushing ahead with R847bn infrastructure programme

By: Natalie Greve     26th February 2014 Finance Minister Pravin Gordhan reaffirmed the State’s commitment to national infrastructure development in his 2014 Budget, noting that R847-billion would be invested in infrastructure over the coming three years, reinforcing a shift in the composition of government’s expenditure envelope away... 

Marley Introduces MEGAFLEX Dragline Hoses for the Irrigation Market

25th February 2014 From the brand that is synonymous with durability, quality and unmatched reliability, Marley is proud to introduce MEGAFLEX Dragline Hoses to its comprehensive portfolio of plastic pipe solutions for the irrigation industry. This high pressure PVC hose is designed to provide superior... 

Engineer absent from mall inspection

By: Sapa     13th February 2014 A structural engineer was not always present to ensure that concrete slabs at Tongaat shopping mall in Durban were correctly installed, an inquiry heard on Thursday. Rishen Naidoo of Freyssinet Posten said he was responsible for checking the post-tensioning cables of concrete slabs. 

Labour market rigidity excluding youth, low-skilled people from the economy

By: Schalk Burger     31st January 2014 The rigidity of the labour market, partly owing to high minimum wages and prescriptive labour laws, is excluding youth and low-skilled workers from the economy, driving unemployment, says US free market economist and Carthage College economics professor Yuri Maltsev. High minimum wages cause... 

Universities doing R&D for industry, students get experience

By: Schalk Burger     24th January 2014 An encouraging trend in South African universities is the maturing collaboration with industry, where companies are actively involved in preparing students for the workplace, says Nelson Mandela Metropolitan University (NMMU) Department of Computer Sciences Professor André Calitz. Companies are... 

Ingeteam is awarded the French CRE's largest photovoltaic plant with energy storage, reinforcing its leading position in the field of insular electricity grids.

16th January 2014 The production capacity of the plant located on La Réunion island in the Indian Ocean will equal the average consumption of 13,500 people. Ingeteam, global leader in power electronics and electrical engineering, in consortium with SAFT, the world's leading battery manufacturer, and Corex Solar,... 

SolidCAM works with OKK and Tungaloy at MECT 2013, Japan

6th January 2014 SolidCAM’s Japanese reseller Tactx collaborated with OKK and Tungaloy at the recent MECT 2013 exhibition in Nagoya, Japan. The biennial show, which has been running since 1987 is the country’s largest for machinery, CAD/CAM, tooling and associated equipment, and this year welcomed 93,741... 

NGR and Leistritz Launch Partnership to Produce Recycling Compounder Equipment for High-quality Plastic Pellets

By: Creamer Media Reporter      22nd October 2013 Next Generation Recyclingmaschinen GmbH and Leistritz Extrusionstechnik GmbH are partnering to market pioneering recycling compounding technology. The new lines will be named A:COMP, S:COMP, X:COMP and F:COMP. With this partnership, two worlds are blending into one. The uniquely wide range of... 

Powerstar introduces new Euro III truck 

By: Natasha Odendaal     17th October 2013 After delaying the launch of its Euro II truck in South Africa two years ago on the back of limited after-market readiness, Chinese truck manufacturer Powerstar has unveiled a revamped and redesigned Euro III truck custom-made for South African conditions. Following extensive and comprehensive... 

Economist calls on South Africa to save pivotal gold-mining industry

By: Martin Creamer     3rd October 2013 Steps must be taken to halt the rapid decline of South Africa’s crucial gold-mining industry, economic strategist Chris Hart urged on Thursday. Hart, who was delivering the keynote address at the Tenova Mining & Minerals Symposium in Johannesburg, warned that if steps were not taken timeously,... 

Foreign Secretary welcomes UN IPCC report on Climate Change

By: Creamer Media Reporter      27th September 2013 United Nations Intergovernmental Panel on Climate Change release Fifth Assessment Report; the latest assessment of climate science for the first time in six years. “The UN Intergovernmental Panel on Climate Change’s latest assessment of the science confirms that climate change is already... 

Biomass boiler to reduce environmental impact

By: Zandile Mavuso     20th September 2013 To reduce the environmental impact of the printing process, a new biomass boiler will be installed at printing company Paarl Media’s Cape Town plant in December. 

Rockwell Diamonds recovers four heavyweights from SA alluvial operations

By: Henry Lazenby     17th September 2013 South Africa-focused Rockwell Diamonds has found four heavyweight stones, each weighing more than 100 ct, from its Middle Orange River (MOR) alluvial operations during the past three weeks, reinforcing management's decision to focus operations in this region and embrace new processing... 

Gauteng seeks input on ‘radical’ spatial and transport plan

By: Irma Venter     30th August 2013 Gauteng Roads and Transport MEC Dr Ismail Vadi has unveiled the province’s proposed 25-year integrated transport master plan (ITMP25), set to guide the Gauteng government in its transport development and planning. The public has the opportunity to comment on the document up to September 20. 

Retention structure technology proves effective

By: Joanne Taylor     23rd August 2013 Seven years after the completion of a new boundary-wall retention structure for the Italian Embassy, in Ethiopia, the solution has proven to be structurally durable and environmentally friendly. 

Haver highlights F-Class Four-Bearing Vibrating Screen at AIMEX

By: Creamer Media Reporter      22nd August 2013 Haver Australia is displaying its popular F-Class vibrating screen at AIMEX, highlighting a key product offering to the industry as it is the only solution for challenging screen applications which require consistent performance to minimise vibration transmission in the structure 

Vadi unveils 25-year Gauteng transport plan, seeks funding leap  

By: Irma Venter     19th August 2013 Gauteng Roads and Transport MEC Dr Ismail Vadi has unveiled the province’s proposed 25-year integrated transport master plan (ITMP25), set to guide the Gauteng government in its transport development and planning. The public has the opportunity to comment on the document up to September 20. Key... 

TDCA safeguard guidelines published

By: Callie Lombard     2nd August 2013 In the instalment of this column published on April 19, which was headlined 'Itac publishes draft TDCA safeguard guidelines', I informed of a notice in the Government Gazette notice of April 3 whereby the International Trade Administration Commission of South Africa (Itac) extended an invitation... 

German company enters SA market with new free-form bending concept

By: Ilan Solomons     26th July 2013 German tube-bending machine manufacturer Schwarze-Robitec recently delivered several cold-bending machines to South Africa, Schwarze-Robitec plant manager Jürgen Korte informs Engineering News. He says that in terms of freeform bending, the company has further developed its freeform bending... 

First high school for Mvezo community 

25th July 2013 From Creamer Media in Johannesburg, this is the Real Economy Report. Technology giant Siemens is funding and building a science and technology high school at former President Nelson Mandela’s birth town, Mvezo, in the Eastern Cape. The high school is the first in the area. Joanne Taylor reports.  

Steel supplier officially opens automated Gauteng facility 

By: Nomvelo Buthelezi     19th July 2013 Supplier of steel products NJR Steel Reinforcing has officially launched its fully automated factory in Northlands Industrial Park, Gauteng, last month, during which the facilities and the latest technology in steel reinforcing were introduced. 

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