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BLT SA – specialists in the supply and support of an extensive range of container and bulk handling port equipment – participated at the TOC Africa 2017 conference, held recently in Durban at the ICC.

     22nd January 2018 “This world class terminal operations conference, which focused on port and terminal technology and operations, was well supported by port equipment and technology operators and suppliers,” says Ken Mouritzen, BLT SA. “This was the perfect forum for global collaboration and for local, regional... 

Africa Gets All-Round Tower Crane Service And Supply From New Operators

     15th January 2018 There is a new player in Africa’s sub-Saharan market for lifting solutions, as experienced experts join forces in Crane & Hoist Equipment SA to offer a range of tower crane sourcing, refurbishment, sales and site management services. The company enters the market just in time for a long awaited... 

Africa Gets All-Round Tower Crane Service And Supply From New Operators

     15th January 2018 There is a new player in Africa’s sub-Saharan market for lifting solutions, as experienced experts join forces in Crane & Hoist Equipment SA to offer a range of tower crane sourcing, refurbishment, sales and site management services. The company enters the market just in time for a long awaited... 

South African new-vehicle sales inch up 1.8% in 2017, exports, production down

By: Irma Venter     9th January 2018 After spending three years in negative territory, South African new-vehicle sales finally managed to inch forward in 2017, growing by 1.8%, to 557 586 units, compared with 2016. New-vehicle sales dropped by 11.4% in 2016, 4.1% in 2015 and 0.7% in 2014. 

Another positive month for vehicle sales in November

By: Irma Venter     15th December 2017 South African new-vehicle sales experienced yet another positive month in November, countering general negative economic sentiment for the sixth month in a row, with new-vehicle sales up 7.2% compared with November last year. Statistics released by the Department of Trade and Industry show that... 

Inkunzi making headway in student accommodation 

     14th December 2017 Real estate investment trust Inkunzi Student Accommodation Fund, which listed on the JSE in November, will acquire nine purpose-built, student accommodation assets valued at R1.7-billion. Anine Kilian has the story. 

Integrated Pump Rental Expands Into Industrial Sector

     12th December 2017 Signalling its expansion into the economy’s industrial segment, pump and dredging specialist, Integrated Pump Rental recently made short work of cleaning the sediment from the reservoirs of a customer in tile manufacturing. According to Integrated Pump Rental managing director Lee Vine, the tile... 

Knysna rental company acquires high-quality TLB

By: Marleny Arnoldi     8th December 2017 The downside of unreliable plant hire equipment is two-fold; for the end-user, unplanned downtime translates into project delays, while for the plant hire company, faulty gear translates to foregone profits and a tarnished reputation, says George-based equipment distributor Carlu Tractors.  

Polish retail portfolio offers expansion opportunities for EPP

By: Anine Kilian     4th December 2017 A portfolio of 12 retail properties in Poland being acquired by JSE-listed Echo Polska Properties (EPP), offers “substantial” expansion opportunities, says EPP CEO Hadley Dean. EPP in October announced that it would acquire the 12 properties, which includes eight shopping centres and four retail... 

November sees healthy jump in new-vehicle sales

By: Irma Venter     1st December 2017 South African new-vehicle sales experienced yet another positive month in November, countering general negative economic sentiment for the six month in a row, with new-vehicle sales up 7.2% compared with November last year. Statistics released by the Department of Trade and Industry on Friday... 

C$1.17m raised for Northern Ireland’s Omagh mine

By: Mariaan Webb     1st December 2017 The owner of Northern Ireland’s only producing gold mine has raised about C$1.17-million (or £682 859) in a private placement, which the company plans to use to accelerate underground development. TSX-V and Aim-listed Galantas Gold closed the private placement on Thursday for 16 655 099 common... 

‘Mining’ the most out of OTR tyres with NitraLife’s nitrogen filling: improved safety, better inflation and less ‘hot air’

     24th November 2017 Today, in the mining industry, safety standards are more stringent than ever. Should a mine experience an incident, which results in an injury or even a fatality, the subsequent legal consequences and financial penalties can be severe. A potential risk in open-pit mines concerns the ultra-large... 

The changing face of the township economy

By: Sydney Majoko     24th November 2017 In the late 90s and early 2000s, whenever a township dweller spoke of his or her  family being in business, it meant one of two things: they either owned a retail shop or were in the taxi industry. That is what business in the township was all about in those days. There was the odd different... 

Arrowhead posts 6% dividend growth for FY17, downgrades 2018 forecast

By: Natasha Odendaal     22nd November 2017 JSE-listed real estate investment trust (Reit) Arrowhead Properties on Wednesday posted a 6.02% growth in dividend to 87.52c a share for the financial year ended September 30, in line with its forecast. However, Arrowhead is forecasting a 6.5% reduction in dividend growth for the 2018 financial... 

Accelerate ends half-year on strong note, acquires Poland portfolio

By: Megan van Wyngaardt     20th November 2017 Despite the uncertain macroeconomic and political environment, the value of Accelerate Property Fund’s property portfolio increased by 30% year-on-year to R11.8-billion in the six months ended September 30, resulting in a total gross lettable area (GLA) of 637 577 m², it said on Monday. The... 

Continued apartment demand supports Balwin’s top-line growth in H1

By: Mia Breytenbach     20th November 2017 Despite a tough operating environment, residential property developer Balwin Properties continued to perform well in the six months ended August 31, with the group’s revenue up 19% year-on-year to R894-million. The increase was driven by good sales volumes, which were in line with forecasts,... 

Outlook for vehicle market hinges on political landscape – bank

By: Irma Venter     17th November 2017 It is impossible to accurately forecast where the new-vehicle market will end the year, or what the 2018 market will look like, says Standard Bank Vehicle and Asset Finance (VAF) group head Simphiwe Nghona. “Everything hinges on the political landscape. Anything can happen in the last quarter.... 

Dipula weathers ‘tough’ economic conditions to post 5.8% y/y growth in FY dividends

By: Megan van Wyngaardt     15th November 2017 JSE-listed diversified real estate investment trust (Reit) Dipula Income Fund has “overcome tough macroeconomic conditions” to post a 5.8% increase in combined dividends a share for the financial year ended August 31, driven entirely by organic growth. The Reit’s revenue edged over the... 

Mark Ii Slurrysucker Dredger Takes Large Objects In Its Stride

     13th November 2017 Large numbers of solid objects are often found in unmaintained process water or return water ponds, which can be a real hindrance when those ponds need to be dredged; but this is no longer a problem, with Integrated Pump Rental’s newly designed dredge head on its SlurrySucker Mark II. “In some of... 

Indluplace delivers on FY targets

By: Anine Kilian     8th November 2017 Despite tough market conditions, JSE-listed real estate investment trust (Reit) Indluplace Properties had a “very good year” in the 12 months to September 30, with CEO Carel de Wit stating that the company had grown its diversified portfolio and proved to be a significant player in the provision... 

Redefine FY17 distribution up 7% y/y

By: Natasha Odendaal     6th November 2017 JSE-listed real estate investment trust (Reit) Redefine Properties on Monday posted a full-year distribution of 92c a share for the year ended August 31, representing year-on-year growth of 7%. The group’s distributable income in rand terms increased by 22.2% to R4.8-billion during the year under... 

State irregular expenditure at R45.6bn – Auditor General 

By: News24Wire      1st November 2017 Despite "intensified contestations" by some state entities, Auditor General Kimi Makwetu on Wednesday released the financial report for the country’s national and provincial departments, as well as government entities for the 2016/17 financial year. The audit report reflects progress made since... 

Octodec delivers muted FY17 results

By: Natasha Odendaal     31st October 2017 JSE-listed real estate investment trust (Reit) Octodec Investments on Tuesday posted a muted 0.8% growth in distribution for the 2017 financial year, in part owing to a sluggish economy and a more difficult second half. Despite a strong start in the first half of the year, a weak second half... 

Weak demand impacts on industrial property, office rentals – Rode

By: Anine Kilian     30th October 2017 A lack of vigour may be the best way to describe the current performance across the full spectrum of property in South Africa, says property economist Erwin Rode. In the industrial property sector, contractions in spending on durable goods are impacting on the demand for locally manufactured... 

Positive prospects for synfuels sector with focus on efficient maintenance

By: Simone Liedtke     27th October 2017 Welding and construction equipment-related supplier Renttech South Africa (SA) sees prospects for the synfuels industry improving, as the recent depressed period - owing to the decline globally in hydrocarbon fuel prices - has seen the petrochemicals industry focusing on efficient maintenance,... 

First student accommodation-focused Reit to list on JSE

By: Anine Kilian     25th October 2017 Real estate investment trust (Reit) Inkunzi Student Accommodation Fund (Isaf), which will list on the JSE in November, will acquire nine purpose-built, student accommodation assets valued at R1.7-billion. The acquisition will be settled through a combination of debt financing, at 25% of the... 

Politics muddying new-vehicle market forecasts

By: Irma Venter     24th October 2017 It is impossible to accurately forecast where the new-vehicle market will end the year, or what the 2018 market will look like, says Standard Bank Vehicle and Asset Finance (VAF) group head Simphiwe Nghona. “Everything hinges on the political landscape. Anything can happen in the last quarter.... 

Hydraulics company expands Middle Eastern presence

     20th October 2017 UK-based hydraulic tools designer, manufacturer and supplier Hi-Force has opened a new office in the Khalidia area of Dammam, Saudi Arabia. According to a statement released by Hi-Force last month, the new facility will stock a range of Hi-Force products that provides the market with the fastest... 

Aftermarket service is key to lowest total cost of ownership

     19th October 2017 The importance of proactive back-up service cannot be over-estimated in ensuring that customers benefit from the lowest total cost of ownership. It is for this reason that Goscor Access Rental prides itself on its 24/7 aftermarket service. Any breakdown or equipment failure in the field not only... 

Galantas acquiring new equipment for Omagh

By: Mariaan Webb     19th October 2017 Aim- and TSX-V-listed Galantas Gold has made good progress with the development of an underground mine at Omagh, in county Tyrone, Northern Ireland, and is now looking at acquiring new equipment to speed up its development rate. The company reported on Thursday that development had been advanced... 

Airbnb injects $1m to boost community-led tourism projects in Africa

By: African News Agency      17th October 2017 Peer-to-peer property rental accommodation platform Airbnb on Tuesday announced that it will invest $1-million through 2020 to promote and support community-led tourism projects in Africa. Airbnb said this commitment is part of its vision to empower communities through home sharing and to promote... 

Well-maintained equipment ensures market competitiveness

By: Simone Liedtke     13th October 2017 Ensuring that income-generation capacity is not reduced in any way by ill-maintained equipment is an important way of staying competitive in the market, states Cape Town-based specialised equipment hire company Burma Plant Hire Group (BPH) MD Theuns Burger. 

Renewed focus for construction equipment supplier

By: Simone Liedtke     13th October 2017 Welding and construction equipment-related supplier Renttech South Africa (SA) aims to provide an “unmatched” range of construction equipment for sale or to rent for the construction industry as part of its goal to grow consistently and sustainably. 

Taste Holdings’ H1 loss widens

By: Schalk Burger     12th October 2017 The brutal and sustained decline in consumer spending across almost all categories that fast food and luxury goods company Taste Holdings trades in has overshadowed operational gains made during the six months ended August 31, Taste Holdings CEO Carlo Gonzaga said in a statement on Thursday. The... 

Sweeping growth for Goscor Cleaning Equipment across Africa

     11th October 2017 With new representation in Namibia, Botswana, and Nigeria, and dealer talks underway in Kenya, Goscor Cleaning Equipment (GCE) is consolidating its strategy of becoming the first-choice supplier of cleaning equipment in Africa. Part of the Goscor Group, GCE has embarked on a comprehensive... 

New Slurrysucker Model Passes Trial With Flying Colours

     6th October 2017 The new, high solids capacity SlurrySucker dredging unit from Integrated Pump Rental recently proved its mettle at a Limpopo municipality’s wastewater treatment plant. “We were requested to clean two wastewater settlement ponds which had silted up and were no longer performing their function of... 

Supplier extends pumps offering

     6th October 2017 Industrial equipment supplier Atlas Copco’s portable energy division expanded its offering for the dewatering market, launching more than 20 new heavy-duty, high capacity pumps in August. The launch included the addition of three high-flow models to its PAS range of centrifugal dry prime pumps.... 

Rand-air introduces the efficient pts 800 to their fleet

     5th October 2017 Recent research reports suggest that the market for oil-free compressors will increase by leaps and bounds in the next five years. With safety and convenience being a concern for most companies, especially those in the food industries, the new pts 800 is a welcomed addition to the oil-free... 

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