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SAA appoints former prosecution chief to its group executive 

By: Rebecca Campbell     15th January 2019 Embattled State-owned flag-carrier South African Airways (SAA) announced on Tuesday that Advocate Vusi Pikoli had been appointed as the airline’s Chief Risk and Compliance Officer. He will take up the post on February 1. Pikoli is currently an advisor to the Minister of State Security. He was,... 

Land Bank appoints acting CFO, chief risk officers

By: Marleny Arnoldi     8th January 2019 JSE-listed Land and Agricultural Development Bank of South Africa (Land Bank) has appointed Konehali Gugushe acting CFO. It also appointed Sakhumzi Diza acting credit chief risk officer (CRO) and Nafiza Khan acting CRO.  

AfDB to institute climate risk management programme for African countries

By: Tasneem Bulbulia     30th October 2018 The African Development Bank (AfDB) has approved the Africa Disaster Risks Financing (ADRiFi) programme – the institution’s first climate risk management programme aimed at boosting resilience and responding to climate shocks in regional member countries. The initial phase is expected to run from... 

Sasol poised to improve operational performance in 2019

26th October 2018 Integrated chemicals and energy company Sasol reported that it is well positioned to continue improved operational performance in the 2019 financial year despite electricity supply interruptions, as its sales volumes increased by 1% for its performance chemicals business owing to robust market... 

Uranium market's Aramco unveils London IPO despite Trump threat

By: Bloomberg     22nd October 2018 The initial public offering (IPO) of the world’s largest oil producer Saudi Aramco may be on the back burner, but the IPO of its uranium-market equivalent is full steam ahead. Kazatomprom, the world’s No. 1 producer of the nuclear fuel, on Monday said it would list as much as 25 percent of its... 

G7 Renewable Energies expands into Mini Grid sector as decentralised generation scales up for deployment on the African continent

18th October 2018 South African energy pioneers, G7 Renewable Energies (Pty) Ltd, have expanded their portfolio by investing in RVE.SOL, a leading mini-grid development venture using renewable energy to foster decentralised electrification in Africa. RVE.SOL’s patented, pay-as-you-go system “KUDURA”, is a... 

Improved, integrated healthcare waste management policy needed – health dept

By: Marleny Arnoldi     17th October 2018 A survey conducted by Department of Health found that the majority (79%) of Gauteng public healthcare facilities have a healthcare waste management policy (HCWMP) in place; however, the policy was not always integrated with the various environmental, occupational health and safety as well as... 

AfDB to provide €229m for Rwanda electricity programme

By: Marleny Arnoldi     16th October 2018 The Rwandan government has signed a €229.20-million funding agreement with the African Development Bank (AfDB) to support the country’s electricity supply improvement programme and expand access to electricity under the Scaling Up Electricity Access Program Phase II (SEAP II). This builds on... 

Climate-related financial disclosure becoming more mainstream – G20 task force

By: Reuters     26th September 2018 Climate-related disclosure is becoming mainstream as more firms support and align their financial reporting to recommendations by a global task force though few disclose the financial impact on the company, a survey shows. The Task Force on Climate-Related Financial Disclosures (TCFD) was set up... 

The RTT Group secures ISO 39001 certification and GC-Mark Conformance, a Global First

25th September 2018 Benefits achieved so far include reduced injuries on duty, number of vehicle accidents and associated costs and fuel usage. The RTT Group has announced it has been awarded both the International Standards Organisation (ISO) 39001 certification and GC-Mark conformance for its Road Traffic Safety... 

Appropriate measures, equipment emphasised to ensure safety

By: Tasneem Bulbulia     21st September 2018 Owing to the prevalence of dangers whilst working in confined spaces, it is imperative that companies implement proper measures to ensure safety at all times. This was the message conveyed at multinational company 3M’s Fall Protection – Confined Spaces workshop, held last month at 3M’s offices in... 

Rational fire design solutions championed

21st September 2018 It is imperative for buildings to be designed to allow for safe escape and the control of fire and smoke, as a minor design flaw could potentially put people, equipment and property at risk. For example, inhaling five breaths in a smoke filled room can lead to death. 

South Africa’s recession: a threat or opportunity for business travel?

17th September 2018 South Africa has officially slipped into a technical recession for the first time since 2009, based on Statistics South Africa’s revelation of a 0.7 percent decline in the second quarter GDP figures. On the back of a poor Q1‚ when GDP shrank by a revised 2.6 percent, are businesses prioritising... 

DNA testing required to identify casualties in Denel explosion – City official

By: News24Wire      5th September 2018 A community meeting where Rheinmetall Denel Munition officials were expected to answer questions from Macassar residents about what happened at their depot on Monday fell flat when those expected to attend cancelled at the last minute due to "fears for their safety". Residents on Tuesday night... 

NOSHCON 2018 highlights the implications of trends and technology in the safety space

29th August 2018 NOSA is once again proud to host NOSHCON, a leading risk management conference, and welcomes key industry participants as we discuss the latest developments in the sphere of managing and mitigating business risk. 

Eskom to sue Trillian; warns some dismissed Eskom employees still have their tentacles in the utility

By: Kim Cloete     28th August 2018 Eskom CEO Phakamani Hadebe says Eskom will continue to tighten the screws on implicated former and current employees and suppliers who have drained the utility of its resources and plunged it into debt. He told Parliament on Tuesday that Eskom would also sue Gupta-linked Trillian later this year... 

Nothing comes before safe production – Sibanye-Stillwater 

By: Martin Creamer     23rd August 2018 Precious metals mining company Sibanye-Stillwater on Thursday spent the most part of its half-year presentation of financial results reiterating ongoing commitment to safe production and taking safety to the next level. The Johannesburg- and New York-listed company, which reported 26%-higher... 

Sasol FY18 headline earnings fall 22%

By: Anine Kilian     20th August 2018 Integrated chemicals and energy company Sasol on Monday reported a 22% year-on-year decrease in its headline earnings a share to R27.44 for the financial year ended June 30. Speaking at a presentation of the group’s results on Wednesday, joint president and CEO Bongani Nqwababa said core headline... 

Sasol says earnings down 22% in year to June

By: African News Agency      20th August 2018 Global integrated chemicals and energy company Sasol said on Monday its headline earnings per share dropped 22% to R27.44 in the year to June 30. Earnings before interest, taxes, depreciation, and amortization rose 10% to R52-billion and the company declared a dividend per share of R12.90. 

No matter the cause, DEHN AFRICA protects data centres from lightning and surges

By: Creamer Media Reporter      26th July 2018 Data centres rely on the optimal performance of equipment, and surges can cripple operations. Data centre operators need to be able to effectively manage these energy spikes, as it can cost a significant amount of money to recover from the resultant downtime or hardware damage. Across the... 

Labour Unrest And Strike Protection

25th July 2018 Perfect Word Consulting (Pty) Ltd During June, parts of Johannesburg were plunged into darkness – not from load shedding, but due to striking Eskom workers damaging company property during a one-day wage strike. 

Embedding compliance into business processes

12th July 2018 Changing the mindset at C-suite level that compliance is not a “tick-the-box, rule based” process at the end of any transaction or activity is one of the greatest challenges around embedding compliance into business solutions says Kalane Rampai, Director at PwC. Speaking at the LexisNexis... 

IT and engineering: bringing it all together

By: Creamer Media Reporter      5th July 2018 The maintenance of infrastructure is a vital role for engineers worldwide – to mitigate risks for our industries and for society at large.   With recent advances in information technology (IT), possibilities have opened up to ensure that this maintenance and risk management happens effectively.... 

Sibanye-Stillwater appoints safety exec, to fund study to enhance risk management

By: Creamer Media Reporter      20th June 2018 Following a spate of fatalities at its South African mines this year, Sibanye-Stillwater has committed to funding an independent study, to be conducted by a visiting academic at the University of the Witwatersrand (Wits), with the aim of developing practical recommendations for enhancing risk... 

South Africa: a Hub for Marine Aids to Navigation Training

14th June 2018 South Africa is emerging as a hub of training in marine aids to navigation (AtoNs) for other developing countries keen to establish their maritime transport sector as a safe, secure and environmentally sound pillar of socio-economic growth. This was clear from an address by David Gordon,... 

Babcock displays staying power during half-station shutdown

14th June 2018 Babcock recently completed a mammoth and highly successful half-station shutdown at a power station in the Free State. Meticulous risk management resulted in no lost-time injuries throughout the 1.7 million man-hours clocked on the project. Comprehensive planning ensured that the scope of work... 

Retail leads the way with solar PV installations

1st June 2018 JSE listed REIT SA Corporate Real Estate Limited will invest more than R30 million to install state-of-the-art rooftop solar PV plants to help curb ever climbing electricity tariffs at its malls and reduce their carbon footprint. Retail Asset Manager, Carmen Collison, said that the ongoing... 

Property sector increasingly embracing solar PV plants

By: Marleny Arnoldi     1st June 2018 JSE-listed real estate investment trust South African Corporate Real Estate (Sacre) will invest more than R30-million to install rooftop solar photovoltaic (PV) plants to help curb ever-rising electricity tariffs at its malls and reduce their carbon footprint.  

Smart factories just got smarter

28th May 2018 By Dereshin Pillay, Sales & Service Management Head: Manufacturing and Automotive, at T-Systems South Africa   Bots reshape the entire manufacturing process Augmented reality reimagines the prototype, delivering it faster, cheaper and with more accuracy Connected everything is driving these shifts 

The environmental effects of combustion

23rd May 2018 Combustion can be simply explained as a controlled explosion created for a specific use. However, like any other explosion, it can be hazardous if not properly monitored. The amount of heat above the ignition temperature should be efficient for impact, therefore the excessive heat temperatures... 

Operational due diligence important to mitigating risk

By: Anine Kilian     21st May 2018 Investing in operational risk management is key to mitigating corporate fraud, poor governance and simple errors which result in losses for companies and consequently investors, Mercer Sentinel Africa Middle East, India and Turkey head Nigel Morriss said on Monday. Addressing media at a briefing... 

Innosun’s Namibian Wind Farm Lifted By Johnson Renew

18th May 2018 The Ombepo Wind Farm, the first wind farm to be constructed in Namibia, is situated just outside Luderitz, Southern Namibia and is designed to inject 5 MW into the national grid managed by NamPower, the national utility. The wind farm was built by InnoSun Energy Holdings (Pty) Ltd who secured the... 

The opportunity cost of insurance compliance

18th May 2018 Regulatory compliance is a must for any South African business operating in the insurance market. The cost of operational compliance and risk management is substantial and is incurred across the business value chain which includes technology infrastructure, human capital, and professional... 

Rik Rhino 

17th May 2018 South African technical security and surveillance solutions specialist Rik Rhino Surveillance was started in 2011 to help eradicate the terror of rhino poaching by supplying anti-rhino poaching projects in wildlife reserves with scouting trail cameras. These cameras are equipped with motion... 

Gold to maintain its significance for decades to come – WGC

By: Nadine James     17th May 2018 Having compiled and published the ‘Gold 2048: The next 30 years for Gold’ report, the World Gold Council (WGC) has concluded that gold will “continue to be recognised, appreciated and valued in the years ahead” The report, released on Thursday, looks at the next 30 years and considers ways in... 

A-OSH EXPO 2018 exhibitors gearing up for show

11th May 2018 As the continent’s leading occupational health and safety (OHS) show draws closer, it’s all systems go for this year’s exhibitors as they work on the finishing touches for their stands and marketing plans. Whatever your interest in the OHS arena, there is something for everyone at A-OSH EXPO... 

5th SAAMA conference is 'smarter' and now, eSmarter

8th May 2018 According to Alan Tait, ‘learning within Asset Management, as within any other discipline, is constantly under pressure to adopt new technologies and techniques to ensure an increase in learner impact and engagement’. For this reason, organisers of the fifth Southern African Asset Management... 

Fifth SAAMA Conference Is “Smarter” And Now, Esmarter

8th May 2018 According to Alan Tait, ‘learning within Asset Management, as within any other discipline, is constantly under pressure to adopt new technologies and techniques to ensure an increase in learner impact and engagement’. For this reason, organisers of the fifth Southern African Asset Management... 

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