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South African investment mission to Japan 'successful', says acting Invest SA head

By: African News Agency      24th September 2018 Many Japanese companies are keen to invest in South Africa and others are interested in expanding their investments, Invest South Africa acting head Yunus Hoosen said on Sunday. . In a statement after returning from an investment mission by the trade and industry department (DTI), together with... 

Recycled PET use held back by collection rates

By: Schalk Burger     21st September 2018 Beverage multinational subsidiary Coca-Cola Bottling South Africa (CCBSA) uses 10% recycled polyethylene terephthalate (rPET) and has completed technical and production validation of 25% rPET content, but are constrained by the availability of rPET, Coca-Cola Bottling Gauteng and Inland regional... 

Initiative seeks to further local procurement in franchising

By: Tasneem Bulbulia     21st September 2018 The Franchise Association of South Africa (Fasa) has partnered with Proudly SA to increase the local procurement of goods and services within the franchising sector by facilitating collaboration between suppliers, franchisors and franchisees. This joint enterprise development initiative was... 

Franchising sector records positive growth

By: Tasneem Bulbulia     21st September 2018 Franchising continues to show growth and resilience despite challenging socioeconomic and political challenges in the country. The industry has an estimated turnover of R721-billion in the last financial year, the Franchise Association of South Africa (Fasa) reported on Friday. 

Africa’s metals, engineering cluster needs to do more to attract investment 

By: Marleny Arnoldi     21st September 2018 Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade has declared Africa’s metals and engineering sector open for business. Ade was addressing delegates on the second day of Seifsa’s fourth annual Metals and Engineering Indaba, in Johannesburg. 

Ramaphosa's new 10-person land reform advisory panel

By: News24Wire      21st September 2018 President Cyril Ramaphosa has announced the names of his 10-person advisory panel on land reform.  The president announced the establishment of the panel when he unveiled the state's stimulus package on Friday morning in Pretoria.  

Angola, IFC court South African investors

By: Nadine James     21st September 2018 World Bank Group executive director for Angola, Nigeria and South Africa Bongiwe Kunene says a roundtable event taking place on September 24, will enable South African businesses and investors to explore the growth opportunities in Angola created as a result of the 2017 election of that country’s... 

Ramaphosa aims to crowd in private resources for infrastructure fund

By: Terence Creamer     21st September 2018 President Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints. In unveiling the plan during a briefing at the Union Buildings in Pretoria on... 

Aerosud’s new partnership with DB Schenker South Africa

By: Creamer Media Reporter      21st September 2018 DB Schenker South Africa was chosen following a survey of 22 of the largest international logistics service providers, as it would best support Aerosud’s current and future logistics requirements. This is a powerful partnership. Aerosud is the largest privately owned Aerospace manufacturing... 

OGAN Lovells announces new Chairman of South Africa practice

21st September 2018 Hogan Lovells is delighted to announce the appointment of Nkonzo Hlatshwayo as the new Chairman of its South African practice, effective as of 1 October. Traditionally the South African legal industry appoints Chairs rather than Office Managing Partners. The firm's South African practice serves a... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

AMSA appoints new CFO

By: Creamer Media Reporter      21st September 2018 Avinash Desmond Maharaj has been appointed CFO and executive director of ArcelorMittal South Africa (AMSA), effective October 1. He has a Master’s degree in Finance and is a qualified chartered accountant. 

Pilot programme seeks to align artisan training with industry needs

By: Schalk Burger     21st September 2018 The Centres of Specialisation pilot programme has been launched by the Department of Higher Education and Training (DHET) to develop a focused and industry-led apprenticeship structure for 13 priority trades needed for infrastructure development. The objective is to test the effectiveness of... 

Focus turns to nonexplosives-based rock breaking as quest for safer, more-efficient mining intensifies

By: Dylan Slater     21st September 2018 The South African mining industry, once the backbone of economic growth, intensive job creation and development, is declining constantly, owing to the slow rates of research and development into newer, safer, modernised, mechanised and continuous mining methods. A key pillar of improving mining... 

First corrosionproof AHU developed

By: Paige Müller     21st September 2018 After significant research and development into a new air handling unit (AHU), Pietermaritzburg-based air conditioning contractor TROX South Africa now offers the market the non-metallic XeCube AHU, which has a high level of structural integrity, is impervious to corrosion and is significantly... 

Pilot programme seeks to align artisan training with industry needs

By: Schalk Burger     21st September 2018 The Centres of Specialisation pilot programme has been launched by the Department of Higher Education and Training (DHET) to develop a focused and industry-led apprenticeship structure for 13 priority trades needed for infrastructure development. The objective is to test the effectiveness of... 

Technically, stuck in a recession

By: Riaan de Lange     21st September 2018 “Is you is or is you ain't?”, to partially borrow from the title of American blues musician BB King’s song. Is South Africa in a recession or ain’t it? It is a simple enough question that should solicit a 'yes' or 'no' answer, ain’t? Surely, if one knows what a recession is, then one should know... 

Comsol and Samsung launch 5G pilot in Soweto

By: Natasha Odendaal     21st September 2018 Enterprise-grade wireless infrastructure provider Comsol Networks and mobile, television and appliances giant Samsung South Africa have teamed up to bring fifth-generation (5G) communications to Soweto as a pilot before commercial deployment in 2019. Soweto’s Vilakazi Street is now lit up with a... 

Smart factories reshaping the face of manufacturing

By: Schalk Burger     21st September 2018 Advanced manufacturing technologies, connectivity and analytics are helping factories to become integrated, intelligent, adaptable and efficient, says Japanese-based industrial technology multinational Omron South Africa GM and sub-Saharan Africa head Victor Marques. This global trend is mirrored... 

New IFS CEO bullish about prospects for growth in SA market

By: Natasha Odendaal     21st September 2018 Nearly three months into his new role as IFS South Africa MD and country manager, enterprise software veteran Mohamed Cassoojee has his eyes firmly focused on growing the global group’s local presence in large enterprise accounts, as well expanding its ecosystem of top-tier consulting and... 

A ‘sovereign innovation fund’ proposed in draft technology policy

By: Rebecca Campbell     21st September 2018 The Department of Science and Technology (DST) has, in its recently released draft White Paper on Science, Technology and Innovation (STI), stated that a “sovereign innovation fund” is to be created. “There is a need for increased commercialisation funding,” said section 6.2 of the draft White... 

Getting It Right

21st September 2018 In the September 14 edition, we ran two stories on Volkswagen Group South Africa, one on the company's plans to start assembly operations in Ghana and Nigeria in the future and the other on the appointment of Andile Dlamini as head of group communications. A photograph featuring Volkwagen... 

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

Phosa says South Africa should be ‘plotting’ a credible economic strategy 

By: Terence Creamer     20th September 2018 Former African National Congress (ANC) treasurer-general Mathews Phosa made a forthright appeal on Thursday for the creation and implementation of a credible economic strategy, centred on growth and job creation, rather than “vague, ill-timed, conflicting and populist” policies. Speaking at the... 

Vodacom showcases 5G capabilities in official launch 

20th September 2018 Vodacom has officially launched its standards-based, commercial fifth-generation, or 5G, service in Lesotho, delivering early access technology initially to two enterprise customers, with ambitions of eventually launching the service commercially in South Africa. Natasha Odendaal tells us more. 

Interest rates likely to stay unchanged as economy struggles

By: African News Agency      20th September 2018 South Africa's central bank is likely to keep interest rates unchanged on Thursday despite inflationary pressures stemming largely from a weaker rand, hamstrung mostly by concerns over the ailing economy. The economy slipped into a recession after gross domestic product contracted by 0.7 percent... 

High-calibre Speakers To Address Challenges Confronting The Metals And Engineering Indaba Starting Tomorrow

By: Creamer Media Reporter      19th September 2018 High-calibre speakers – including Cabinet Ministers senior business leaders and labour leaders – will address delegates attending the fourth Southern African Metals and Engineering Indaba taking place at the IDC Conference Centre in Sandton tomorrow and on Friday. The Indaba, now in its fourth... 

Retailers should focus on low-hanging fruit to attract shoppers

19th September 2018 With competition for a share of consumers’ wallets becoming ever fiercer, retailers and retail property owners are going all out to attract shoppers. This has become crucial to their survival in an environment where consumer confidence and spending are hampered by a lacklustre economy. “Retail... 

Bobcat skidsteer helps Stepping Stone extension get off the ground

19th September 2018 The donation of a skidsteer, together with a highly-trained operator from Bobcat Equipment South Africa, has allowed a much-needed extension project at the Stepping Stone Hospice & Care Services In-Patient Unit in Alberton get off the ground. The extension, from an eight-ward unit to a 14-ward... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

CEO Initiative to support government’s investor outreach at October summit

By: Terence Creamer     18th September 2018 The CEO Initiative is putting its weight behind President Cyril Ramaphosa’s plans for increasing levels of investment and stimulating growth in the recession-afflicted South African economy. The CEO Initiative draws in business leaders from various sectors and rose to prominence during Pravin... 

Mining, construction and automotive sectors critical for M&E sector’s survival

By: Creamer Media Reporter      18th September 2018 The link between the metals and engineering (M&E) sector and the mining, construction and auto manufacturing industries will come under scrutiny at the fourth Southern African Metals and Engineering Indaba taking place at the IDC Conference Centre in Sandton on Thursday and Friday this week. “The... 

Aerosud’s new partnership with DB Schenker South Africa

By: Creamer Media Reporter      18th September 2018 DB Schenker South Africa was chosen following a survey of 22 of the largest international logistics service providers, as it would best support Aerosud’s current and future logistics requirements. This is a powerful partnership. Aerosud is the largest privately owned Aerospace manufacturing... 

CAMASA forges ahead to create a R5bn advanced Aerospace Manufacturing Industry in 5 years

By: Creamer Media Reporter      18th September 2018 Thursday 06th September, just shy of 20 months since its founding in December 2016, CAMASA (the Commercial Aviation Manufacturing Association South Africa) held its 2nd AGM characterised by industry-wide Stakeholder participation constituted of Government – including National and Provincial... 

Mapisa-Nqakula explores defence ties with Congo-Brazzaville minister

By: African News Agency      17th September 2018 Defence Minister Nosiviwe Mapisa-Nqakula on Monday had a meeting with her Congo-Brazzaville counterpart, Charles Richard Mondjo, who is in Pretoria ahead of the 2018 edition of the Africa Aerospace and Defence [AAD] exhibition which kicks off later this week. "This reciprocal visit, that was... 

Bobcat skidsteer helps Stepping Stone extension get off the ground

17th September 2018 The donation of a skidsteer, together with a highly-trained operator from Bobcat Equipment South Africa, has allowed a much-needed extension project at the Stepping Stone Hospice & Care Services In-Patient Unit in Alberton get off the ground. The extension, from an eight-ward unit to a 14-ward... 

SA delegation arrives in Japan for investment mission 

By: African News Agency      17th September 2018 A South African delegation arrived in Tokyo, Japan on Monday for an investment mission which is set to take place until Saturday. The delegation, led by the acting head of Invest South Africa, Yunus Hoosen will be meeting with leading companies in an effort to attract them to invest and expand... 

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... 

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