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Treasury appoints new deputy director-general for public finance

By: Thabi Madiba     19th October 2017 National Treasury on Thursday issued a statement congratulating the newly appointed deputy director-general for public finance Dr Mampho Modise. She was formerly a chief director for strategy and risk management in the department’s Asset and Liability Management division and dealt with policy... 

South African Weather Service battered by faulty equipment, decries CEO

By: News24Wire      13th October 2017 The South African Weather Service (SAWS) has blamed the poor state of their equipment for failing to warn citizens earlier of the stormy weather that devastated parts of Gauteng and KwaZulu-Natal. SAWS CEO Jerry Lengoasa on Thursday said although a severe weather warning for the catastrophic... 

Insurance plays vital role in construction project success

By: Simone Liedtke     13th October 2017 Owing to insurance playing a vital role in the ultimate success of a construction project, insurance provider Risk Benefit Solutions (RBS) says contractors and engineers need to ensure that a contract includes the contractor all risk policy, which includes cover against damage and any liabilities... 

Going Digital: Bentley Announces Microsoft Azure-based Cloud Services Extending ProjectWise CONNECT Edition for Comprehensive Project Delivery

     11th October 2017 Also, New ProjectWise “365 Services” Leverage Microsoft Office 365 as Project Delivery Organizations Increasingly Embrace Microsoft Azure Today, Bentley Systems announced new ProjectWise CONNECT Edition cloud services, powered by Microsoft Azure. The Azure-based services complement ProjectWise... 

Focus on learning the skills that impact performance on construction sites, says Alusani® Course Leader

     11th October 2017 At the start of their careers, few construction site managers realise that they will need to be part magician, part musical conduction and part superhero. Effective construction site management requires a broad range of skills, from technical expertise to leadership, negotiation, team building,... 

Eskom asks McKinsey, Trillian to return R1.6bn

By: Reuters     6th October 2017 South Africa's Eskom has asked consultancy firms McKinsey and Trillian to pay it back R1.6-billion ($117-million), saying that an internal inquiry had found that the State power utility's decisions to make the payments were unlawful. "The interim findings from Eskom investigations into the... 

Good corporate governance integral to mitigating risk – Manuel 

By: Ilan Solomons     3rd October 2017 The current lack of good corporate governance is negatively impacting on many of South Africa’s State-owned enterprises, according to former Finance Minister Trevor Manuel, who believes that working corporate governance could successfully mitigate risk. Delivering the keynote address at the... 

KPMG Gupta blunder could see tighter audit policy, says SARB

By: African News Agency      26th September 2017 The South African Reserve Bank (SARB) said on Tuesday recent developments involving embattled audit firm KPMG SA may compel it to consider policy changes to further strengthen governance and transparency within the auditing and accounting professions. KPMG in South Africa failed to flag monies... 

Pan African fields questions on gold hedging, guidance, wages 

By: Martin Creamer     26th September 2017 Gold mining company Pan African Resources, which is completely unhedged except for the hedging of 27 000 oz of gold that will be produced next year from its upcoming Elikhulu tailings treatment project, views hedging with extreme caution. In response to Nedbank equity analyst Arnold van Graan,... 

Gordhan, Jonas meet KPMG International on State capture

By: African News Agency      22nd September 2017 Former finance minister Pravin Gordhan and his former deputy Mcebisi Jonas met with a delegation from auditing firm KPMG International on Thursday. The meeting was attended by KPMG International chairperson, John Veihmeyer, as well as newly appointed CEO for KPMG South Africa, Nhlamu Dlomu. 

Compliance programmes, officers key to upholding organisational strategy

By: Anine Kilian     19th September 2017 A company’s compliance programme should be tailored to the organisation’s strategy, says Sasol chief compliance and ethics officer Dr Yondela Ndema. Discussing compliance strategy and corporate culture at the ninth Chartered Secretaries Southern Africa Corporate Governance conference, in... 

Sars will fight KPMG on numerous fronts – Moyane 

By: African News Agency      18th September 2017 South African Revenue Service (Sars) Commissioner Tom Moyane on Monday announced a set of actions it is considering against KPMG, after the auditing firm withdrew its “rogue spy unit” report. “Sars has been completely taken aback by KPMG’s aberrant and unethical conduct. KPMG unilaterally... 

International auditing body also probing KPMG over Sars report

By: African News Agency      18th September 2017 The Independent Regulatory Board for Auditors (IRBA) said on Monday that it had noted that KPMG had taken steps to enforce accountability relating to its controversial South African Revenue Service (Sars) report, but added that it would continue with its own independent investigation. Last week... 

Renewables’ share of global energy market to rise, system stability central

By: Anine Kilian     14th September 2017 The world’s energy system will decarbonise over the next three decades, says advisory services and risk management company DNV GL Africa business manager Robert O’Keefe. Unpacking DNV GL’s ‘Energy Transition Outlook 2017’ report at the Nordic Energy Days conference, in Pretoria, on Thursday, he... 

Non-traditional threats that cause evacuation

     6th September 2017 By Julian Moss Fire & Life Safety Products – Eaton Africa According to recent research it is estimated that over a third of businesses never resume operations after suffering a major fire. However, while fire is still the most common reason for building evacuation, emerging threats such as... 

RAF appoints new CFO

     5th September 2017 The Road Accident Fund (RAF) has appointed Rodney Gounden CFO, effective September 1. “Gounden is a seasoned leader who has constantly exhibited total commitment to the RAF and the transformation of its operations. His intelligent and experienced approach in undertaking internal audit, risk... 

Fire risk assessments ideal to improve fire risk management

By: Simone Liedtke     25th August 2017 Fire risk assessments are the ideal way to develop and improve fire risk management, from documenting findings, categorisation of risk areas, recommendations or requirements for improvement as well as prioritisation of risk improvement measures, says the Fire Protection Association of Southern... 

Fire-protection equipment and ongoing maintenance provided by consultant

     25th August 2017 With the National Building Standard and Building Regulations Act stating that all buildings – including shopping centres – should meet the South African National Standards (SANS) 10400 part ‘T’ fire-protection standards requirements, fire risk management and support consultant ASP Fire supplies... 

Turkish firms set for $64bn spending spree to leave home

By: Bloomberg     21st August 2017 Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal... 

Telematics fleet management solutions guarantee increased profitability

By: Robyn Wilkinson     18th August 2017 When fleet operators are suitably equipped, they are guaranteed to see an increase in profitability as a result of improved fuel consumption, driver behaviour and equipment use while ensuring the safety of their employees and security of their vehicles, says fleet management solutions provider... 

Diverse assets for infrastructure in demand 

By: Marleny Arnoldi     18th August 2017 In the commercial and industrial property development space, as well as its supporting infrastructure, there is demand for high-quality, diverse assets with strategic locations and offering optimal planning and design, says consultancy firm WSP.  

Cybersecurity must be foundation for digital economy, but skills deficit problematic – BMI-T

By: Schalk Burger     17th August 2017 Information technology (IT) security incidents, such as ransomware attacks carried out this year, occasion a large, but reactionary, response from companies and industries; however, this typically happens only after significant damage has been done. “IT security can no longer be an afterthought... 

Atterbury appoints Boshoff as new deputy CEO

By: Creamer Media Reporter      1st August 2017 South African real estate developer and investor Atterbury has appointed Armond Boshoff deputy CEO, effective August 1. Atterbury noted in a statement on Tuesday that the creation of the new position and Boshoff’s appointment delivers on the company’s commitment to best practice for attracting,... 

New platform launched to help companies manage risks and continuity plans

By: Schalk Burger     28th July 2017 Corporate governance risk and compliance software firm Cura South Africa has launched a risk-management software-as-a-service (SaaS) platform, which provides a subscription-based system for companies to manage their business risks and continuity plans according to international standards. The... 

Leading South African Engineering Firm Partners with Silversoft to Implement Deltek Project Information Management

     27th July 2017 Deltek, the leading global provider of enterprise software and information solutions for project-based businesses, announced today that CKR Consulting Engineers is partnering with Silversoft to implement Deltek Project Information Management (PIM), the industry’s leading enterprise information... 

Junior makes board changes as it pursues European cobalt market

By: Creamer Media Reporter      26th July 2017 Australian junior Riedel Resources has made two key board appointments, which the company says will help drive its new direction of securing and developing cobalt and tech-energy metals opportunities in European lithium-ion markets. The ASX-listed firm appointed former Alcoa Europe projects... 

Industrial cybersecurity resilience in focus as attacks increase

By: Schalk Burger     21st July 2017 Effective industrial cybersecurity protection improves the resilience of industries, defends investments in automation and control systems and becomes an asset to manage industrial systems, risks and business continuity, a range of industrial cybersecurity specialists explain. The increased... 

Industrial cybersecurity resilience in focus as attacks increase

By: Schalk Burger     21st July 2017 Effective industrial cybersecurity protection improves the resilience of industries, defends investments in automation and control systems and becomes an asset to manage industrial systems, risks and business continuity, a range of industrial cybersecurity specialists explain. The increased... 

Airborne Drones on patrol – the answer to public safety policing

     10th July 2017 Autonomous drones are set to take over border patrols, crime hotspot monitoring and more, says South Africa’s Airborne Drones Unmanned aerial vehicles (UAV)s, commonly known as drones, will soon be a common sight over border zones, crime hotspots and city streets, as public safety and security... 

World enters an era of ‘geopolitical recession’

By: Natasha Odendaal     30th June 2017 The world has entered into its first year of "geopolitical recession" since World War Two, where there is a total downturn in politicians being able to deliver to a global scale, resulting in what has been dubbed a G-Zero – a world without leadership and a world characterised by a “growing vacuum... 

To deliver on Africa’s economic growth goals, power supplies must be stable, sustainable and available across the continent.

     27th June 2017 New top of mind issues include sustainability, finding new revenue streams, risk management, asset management and the place for nuclear in the energy mix. Enclosed is a press release, which we hope you will consider. Dr. Willem De Beer, Chairman of the POWER-GEN & DistribuTECH Africa Advisory... 

World enters an era of 'geopolitical recession'

By: Natasha Odendaal     15th June 2017 The world has entered into its first year of "geopolitical recession" since World War Two, where there is a total downturn in politicians being able to deliver to a global scale, resulting in what has been dubbed a G-Zero – a world without leadership and a world characterised by a “growing vacuum... 

Only two board members left at beleaguered PetroSA – report

By: News24Wire      7th June 2017 The Central Energy Fund declined to comment on Wednesday on a report that four of the six remaining board members of PetroSA tendered their resignations. BusinessLive reported that the resignations of now interim board chairperson Wilfred Ngubane, Thami Hlongwa, Johlene Ntwane and Banothile... 

Cape Town to host supply chain jamboree

By: Dylan Slater     2nd June 2017 Supply chain operations management association Sapics will focus on ‘Business Unusual’ for its upcoming yearly Sapics conference and exhibition for supply chain professionals, whereby delegates will be equipped to meet challenges linked to factors such as poor infrastructure and political... 

Column: Koeberg aims to ease Cape Town's water woes through desalination

     29th May 2017 In this article, Koeberg power station manager Velaphi Ntuli outlines initiatives under way at the nuclear power station to reduce water consumption and desalinate groundwater. Cape Town is in a drought crisis, and it is predicted that this will certainly not be the city’s last water crisis. Dam... 

Westcon-Comstor Southern Africa Appoints CEO

     25th May 2017 Westcon-Comstor Southern Africa, a value-added technology distributor of category-leading solutions in Security, Collaboration, Networking, Cloud and Data Centre, has announced that it has appointed Rakesh Parbhoo as CEO of WestconGroup SA, effective 1st August 2017.    Parbhoo will replace Guy... 

ABB opens traction transformer factory 

     18th May 2017 The Global CEO of technology group ABB, Ulrich Spiesshofer, was in South Africa this month to officially open the company’s latest manufacturing investment in the country – a state-of-the-art traction transformer factory in eastern Johannesburg. 

AME welcomes Edie Thome as new president, CEO

By: Creamer Media Reporter      18th May 2017 The Association for Mineral Exploration (AME) has appointed outsider Edie Thome as president and CEO of the association, effective from June 19, replacing Gavin Dirom, who leaves to pursue other opportunities. Thome brings a wealth of experience in government relations, permitting and public... 

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