R/€ = 15.02 Change: 0.11
R/$ = 12.40 Change: 0.03
Au 1317.29 $/oz Change: -6.02
Pt 908.50 $/oz Change: -0.72


Free State natural gas project, South Africa

By: Sheila Barradas     Updated 3 hours ago Renergen expects to become a significant global producer of helium when its Virginia project starts production in 2019. 

Dean Naidoo

Updated 3 hours ago This week we profile Dean Naidoo, people leader: Africa at professional consulting firm Aurecon Full Name: Dean Naidoo 

Unions at odds over SAA business rescue

By: Rebecca Campbell     Updated 3 hours ago Trade union Solidarity believes that business rescue is the only way that jobs can be saved at embattled State-owned national flag-carrier South African Airways (SAA) and the company put back on a sustainable footing. This was made clear at the media briefing at the union's head office on... 

Syrian storm puts SA in uncomfortable company

By: Rebecca Campbell     Updated 3 hours ago On April 7, Douma, in Syria, was subject to what appears to have been a chemical weapons attack. The Syrian Government has an independently-established (by the Organisation for the Prohibition of Chemical Weapons, or OPCW) record of using chemical weapons in the current civil war, and against... 

Fighting chance

By: Terence Creamer     Updated 3 hours ago The new, credible boards appointed at South Africa’s largest and most troubled State-owned companies (SoCs) – Denel, Eskom, Passenger Rail Agency of South Africa and South African Airways – must be given every opportunity to succeed. If they fail, the consequences for the country’s fiscal... 

PRASA steps in as union calls for payment of Autopax employees’ salaries

By: Marleny Arnoldi     26th April 2018 The United National Transport Union (Untu) on Thursday demanded the South African government ensure that the employees of bus operator Autopax receive their salaries.  

Business Leadership SA dismisses merger talks with Black Business Council

By: African News Agency      26th April 2018 Business Leadership South Africa (BLSA) has dismissed reports that it is in talks about a merger with the Black Business Council (BBC).  BLSA is an independent association whose members include the leaders of some of South Africa’s biggest and most well-known organisations, and aims to create... 

Company launches adhesive range for heavy and abnormal load applications 

26th April 2018 Diversified sealing and adhesive company Loctite, a division of Henkle South Africa, has launched it’s new range of fast-setting industrial strength adhesives. Paige Muller attended the event. 

Trend to use ‘green’ refrigerants to future-proof air-con systems

25th April 2018 The trend to use R32 refrigerant in air-conditioning systems as a ‘green’ alternative to R410A is a good example of the global impact of the phasedown programme initiated by the Montreal Protocol and Kigali Agreement. The Kigali Amendment, signed on 15 October 2016, includes specific targets and... 

Nissan’s Rosslyn investment decision draws nearer; NP200, NP300 life extended

By: Irma Venter     25th April 2018 Nissan South Africa (Nissan SA) expects to announce the decision on the production of a new model at its Rosslyn plant in the next three months, says Nissan Group of Africa MD Mike Whitfield. Speaking at a media function at Gerotek, in Pretoria, on Wednesday, he said the announcement was “not a... 

Growthpoint Properties issues maiden $425m eurobond, lists on JSE green bond segment

By: Marleny Arnoldi     25th April 2018 JSE-listed real estate investment trust Growthpoint Properties has successfully priced its inaugural US dollar-dominated eurobond, the proceeds of which will be used to fund its expansion in Central and Eastern Europe (CEE).  

Securex South Africa exhibitors reveal plans for 2018 show

25th April 2018 As the opening day of the 25th anniversary of Securex South Africa 2018 fast approaches, this year’s exhibitors are preparing to unveil a host of new products and services to the thousands of visitors expected to attend Africa’s biggest security and fire focused trade exhibition. New Teltron... 

Global leader Dynapac aims to solidify its presence in South Africa through dynamic product offerings

25th April 2018 Dynapac, now part of Fayat Group, one of the largest construction groups in France and a world leader in road construction equipment, is poised to further strengthen its position as a global frontrunner in the manufacture and supply of equipment for the roadbuilding and civil construction... 

Former Statistician-General Pali Lehohla honoured by University of KZN

By: African News Agency      24th April 2018 The University of KwaZulu-Natal (UKZN) has awarded Dr Pali Lehohla, former Statistician General and head of Statistics South Africa, with an honorary doctorate, the university said on Tuesday . The university made the award on Monday night in recognition of his unprecedented role in... 

South African air traffic controller elected VP of global ATC representative body

By: Rebecca Campbell     23rd April 2018 Air Traffic and Navigation Services, the State-owned company that is responsible for South Africa’s air traffic management, announced on Sunday that its Area Radar Controller at OR Tambo International Airport (Johannesburg), Peter van Rooyen, had been elected Executive VP of the International... 

Babcock’s plant division gives customers a lift

23rd April 2018 Babcock’s safety first philosophy has resulted in its plant hire business receiving two orders from Air Products South Africa (Pty) Limited to install two 88-tonne cryogenic tanks at its plant in Newcastle, KwaZulu-Natal. Following the first successful, incident-free heavy lift in 2017, Air... 

Porsche’s Toby Venter to add Lamborghini to his stable

By: Irma Venter     23rd April 2018 Toby Venter’s LSM Distributors will, in May, expand its South African portfolio with the addition of the Lamborghini brand. LSM currently distributes sports car brand Porsche and super-luxury marque Bentley in South Africa. 

RBPlat receives government approval for Maseve acquisition

By: Simone Liedtke     20th April 2018 South Africa’s Department of Mineral Resources (DMR) has been granted consent in terms of Section 11 of the Mineral and Petroleum Resources Development Act for the transfer of the entire issued share capital of Maseve Investments 11, the holding company of the Maseve mine, in Rustenburg, to Royal... 

DTI opposed to temporary scrapping of EV duties, but open to EU tariff re-set

By: Terence Creamer     20th April 2018 The Department of Trade and Industry (DTI) has confirmed that it is opposed to reducing protection on the import of electric vehicles (EVs) as a way of increasing domestic demand, arguing that automotive firms should, instead, use the duty offsets available to them through production rebate... 

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 The world did not stop to allow South Africa to get off. While ‘sunny South Africa’ spent more than two years delaying the introduction of new renewable-energy plants, including 12 solar photovoltaic (PV) projects and a concentrated solar power (CSP) plant, the rest of the world continued... 

Skills shortage a concern for industry

By: Paige Müller     20th April 2018 The lack of adequately trained professionals presents a significant safety concern for the South African heavy lifting industry, says Lifting Equipment Engineering Association of South Africa (Leeasa) chairperson Arnold Sommer.  

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 The world did not stop to allow South Africa to get off. While ‘sunny South Africa’ spent more than two years delaying the introduction of new renewable-energy plants, including 12 solar photovoltaic (PV) projects and a concentrated solar power (CSP) plant, the rest of the world continued... 

Johnson Controls launches new products as it marks SA milestone

By: Schalk Burger     20th April 2018 Building technology systems multinational Johnson Controls launched the new range of YZ York chillers and the new R-1233zd low-global warming potential and low-pressure refrigerant in South Africa as part of its fiftieth anniversary in the country. Johnson Controls South Africa GM Neil Cameron... 

New Denel board faces tough turnaround task as financial pressure mounts

By: Rebecca Campbell     20th April 2018 Public Enterprises Minister Pravin Gordhan recently announced the completely new, high-powered, Board to turn-around beleaguered State-owned defence industrial group Denel. Technically, it is currently an interim Board, he explained, because it had not yet been approved by the Cabinet. He... 

Why business should care about inequality

By: Terence Creamer     20th April 2018 South African business needs to sit up and take note of new analysis that not only confirms South Africa as the world’s most unequal country, but that extreme inequality is now a major constraint to future growth. The analysis is contained in the World Bank’s latest South Africa Economic Update,... 

Gautrain additional rolling stock and depot enhancement procurement programme, South Africa

By: Sheila Barradas     20th April 2018 The winning bidder for the procurement programme is expected to be announced towards the end of this year. 

Kusile power plant project, South Africa

By: Sheila Barradas     20th April 2018 General Electric has successfully completed performance tests on Unit 1 of the power plant. 

NCPC-SA hosts green chemistry awareness workshop

By: Marleny Arnoldi     19th April 2018 As part of a global initiative, the National Cleaner Production Centre of South Africa (NCPC-SA), in partnership with the United Nations Industrial Development Organisation and the Center for Green Chemistry and Green Engineering at Yale University, hosted a workshop on green chemistry, in... 

Salga voices concern about impact of possible higher electricity tariffs on municipalities

By: Marleny Arnoldi     19th April 2018 During public hearings being held to enable the National Energy Regulator of South Africa (Nersa) to determine whether to allow power utility Eskom to recoup R66.6-billion under the Regulatory Clearing Account (RCA) mechanism, the South African Local Government Association (Salga) has expressed... 

BLSA throws weight behind Ramaphosa's R1.2trn investment drive

By: News24Wire      19th April 2018 President Cyril Ramaphosa’s initiative to raise R1-trillion in new investments over five years could add 4 percentage points to the country’s foreign direct investment, Business Leadership South Africa (BLSA) said Thursday, as it welcomed the plan. "If we achieve these figures, I believe we can... 

Pioneer Foods expects higher H1 headline earnings

By: Anine Kilian     19th April 2018 JSE-listed Pioneer Foods expects to report a 44% year-on-year improvement in operating profit and a 32% year-on-year improvement in headline earnings for the six months ended March 31. The company noted in a trading update on Thursday that adjusted headline earnings a share are likely to increase... 

How To Drive Efficiency, Productivity & Profit

19th April 2018 With Information Already At Hand By their very nature, many businesses operating in the digital era are constantly inundated with massive data sources. With the advent of the Internet of Things (IoT), a constant and growing focus on digital transformation, and a globalised economy where... 

PentaFloor Sponsorship at the new GBCSA Offices

19th April 2018 When the Green Building Council South Africa (GBCSA) outgrew its offices in Braamfontein, Johannesburg, a call for sponsorships was sent out requesting contributions from industry to assist with the fitout of the new offices in Rosebank. PentaFloor stepped up with a generous contribution of... 

Industrial microgrid leveraging solar and storage launched 

19th April 2018 Power management multinational Eaton South Africa has launched a grid-tied microgrid that uses solar photovoltaic and lithium ion battery storage systems. The microgrid powers its Wadeville campus and factory.  

South32 hikes manganese guidance, lowers coal forecast

By: Esmarie Swanepoel     19th April 2018 Diversified miner South32 has increased its manganese production guidance from its Australia and South African operations to take advantage of farourable market conditions. The company increased its production guidance at the Australia manganese operations by 6% to 3.30-million tonnes and its... 

New EM lighting division to focus on latest luminaire technology

19th April 2018 A new lighting division launched by leading supplier ElectroMechanica (EM) in February, in conjunction with OSRAM and LEDVANCE, will focus on introducing the latest luminaire technology to the local market. The full-LED luminaires distributed by the division represent the latest trend in the... 

Grindrod concludes sale of Unicorn Bunker Services

By: Simone Liedtke     18th April 2018 Grindrod has finalised the sale of its bunker division, Unicorn Bunker Services, for an undisclosed amount. Unicorn Bunker Services, which employs 110 people, was first established in 2006 and operates three modern bunker tankers in the ports of Durban and Cape Town under contract to BP, Engen... 

Busa supports labour law amendments, but concerned about risks

By: Simone Liedtke     18th April 2018 Business Unity South Africa (Busa) has voiced its support for amendments to legislation to introduce provisions to enhance labour relations stability and the implementation of a National Minimum Wage (NMW). Busa warned, however, that the risks to employment and business, particularly smaller and... 

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