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Legacy issues, poor Q1 affect Rolfes' H1 earnings

By: Simone Liedtke     19th February 2018 Black-empowered chemical group Rolfes' financial results for the six months ended December 31 were negatively affected by legacy issues and a poor first quarter, resulting in headline earnings halving to R23.62-million, from R48.23-million in the six months to December 31, 2016. Revenue from... 

Koeberg participating in development of other desalination projects

By: Kim Cloete     19th February 2018 Apart from its recently announced temporary desalination plant, the Koeberg nuclear power station is working on a range of desalination projects, including a detailed feasibility study with the City of Cape Town on a large-scale desalination plant. If the feasibility study is successful, it will... 

Ugandan Refugee Turned Entrepreneur Saves Lives With Recycled Soap

     19th February 2018 Renowned Ugandan refugee turned entrepreneur, human rights activist and CNN Hero, Dr. Derreck Kayongo, will be returning to Africa this year to share his inspiring story and recipe for success at the annual SAPICS Conference in Cape Town. Organisers of Africa’s leading event for supply chain... 

South Africa: The Department Of Trade And Industry And The South African Electrotechnical Export Council To Host African Delegation During The 2018 Africa Energy Indaba Conference

     19th February 2018 The Department of Trade and Industry (the dti) through Trade Invest Africa, in partnership with the South African Electrotechnical Export Council (SAEEC) will host a high level delegation from several African countries to participate at the annual Africa Energy Indaba Conference that is set to... 

Leon expects mining industry to have a future under Ramaphosa’s Presidency

By: Nadine James     16th February 2018 Herbert Smith Freehills partner and Africa co-chairperson Peter Leon is cautiously optimistic that the changes signalled by newly elected President Cyril Ramaphosa will benefit South Africa’s economic recovery. In a speech to the British Chamber of Business in South Africa on Thursday evening, he... 

Fortescue's Aboriginal programme hits A$2bn mark

By: Simone Liedtke     16th February 2018 Iron-ore major Fortescue Minerals' 'billion opportunities programme' has reached the A$2-billion-mark, with 250 contracts and sub-contracts having been awarded to 110 Aboriginal businesses and joint ventures in the seven years since its inception. CEO Nev Power said on Friday that the programme... 

Conference to foster entrepreneurial opportunities for women

By: Simone Liedtke     16th February 2018 To assist women in being successful renewable-energy entrepreneurs, the African Energy Sector: Scope and Opportunity discussion topic at this year’s Women in Energy Conference will focus on the entrepreneurial opportunities in the energy sector and how women can maximise their participation. 

Event to add value to African energy sector

By: Simone Liedtke     16th February 2018 To bolster the socioeconomic development of the African energy sector, Africa Energy Indaba (AEI) chairperson Brian Statham says thinking within the sector needs to be expanded. 

Innovation and blockchain tech high on agenda at energy event

     16th February 2018 Leading figures within the African energy scene will convene at the tenth Africa Energy Indaba (AEI), including at the World Energy Council's (WEC’s) annual Africa meeting, to discuss the importance of innovation and regional integration at a time when the energy sector is undergoing a major... 

Radial tyre portfolio available on the market

     16th February 2018 Technology company Continental is introducing two additional EM-Master E4/L4 radial tyre sizes to the market, the company indicated in an announcement last month. “This now completes our range of radial tyres for use on wheel loaders and dump trucks in particular for construction work and... 

Framework continues to form sector foundation

By: Simone Liedtke     16th February 2018 The economic opportunity represented by the continent’s need for energy makes the African energy industry an attractive prospect for foreign investment, says law firm Norton Rose Fulbright director Lizel Oberholzer. 

Discovery headquarters nears completion

By: Marleny Arnoldi     16th February 2018 With the construction of health insurance and financial services provider Discovery’s head office set for completion at the end of this month, construction consultancy Aurecon believes that the building is set to become a pioneering green precinct concept, owing to its size and the way in which... 

Robust energy base key to industrialisation

By: Simone Liedtke     16th February 2018 Public-private partnership South African Electrotechnical Export Council (SAEEC) CEO Chiboni Evans states that Africa's industrialisation can occur only if countries have a robust energy base. 

Northam opens R900m platinum smelter expansion

By: Martin Creamer     15th February 2018 Platinum mining company Northam on Thursday officially opened a R900-million smelter expansion at its Zondereinde platinum mine in Limpopo province. The addition of a second furnace extends the JSE-listed company’s 30-year-old partnership with metals company Heraeus, which contributed €20-million... 

Cape Town to host a trio of major water conferences in 2018

By: Kim Cloete     15th February 2018 Cape Town is fast becoming the international water conference capital for this year, with the city and the Western Cape Convention Bureau having won a bid to host its third major conference on water this year. The International Conference on Sanitation, Waste and Water will be held in November... 

Bar one exception, Canadian gold majors' Q4 headline earnings tread water on lower output

By: Henry Lazenby     15th February 2018 Canada's gold majors reported fourth-quarter and full-year 2017 financial results on Wednesday following market close, with headline earnings coming in flat or lower year-on-year, as companies work with smaller, more streamlined production portfolios. The exception was Goldcorp, which put in a... 

Koeberg launches mobile desalination plant to counter water shortages

By: Kim Cloete     14th February 2018 In the wake of the severe water shortages in and around Cape Town, Eskom’s Koeberg nuclear power station has launched a mobile groundwater desalination plant which will take care of the station’s water needs. The temporary groundwater desalination plant has a 920 kilolitre-a-day capacity. The... 

PPC appoints Claassen as CEO

By: Simone Liedtke     14th February 2018 Cement producer PPC has appointed Johan Claassen as CEO and executive director of the company. Claassen has served as interim CEO for a number of months, with PPC chairperson Peter Nelson noting that he has overseen a number of important milestones, including the successful stabilisation of the... 

Sustainable design is a ‘green’ light for long-term cost-savings

     13th February 2018 The challenge facing ‘green’ building in South Africa focuses on convincing clients that many of the additional costs associated with sustainable design are recouped within a fairly short period of time. Tenants are now demanding that buildings are either Green Star rated, or at least designed... 

Gemfields transparent, proactive in rebutting rights allegations

By: Martin Creamer     12th February 2018 Coloured gemstones company Gemfields has been transparently proactive in rebutting claims of human rights abuses in Mozambique, where it mines rubies. "We've voluntarily elected to issue this statement," Gemfields, headed by CEO Sean Gilbertson, commented in a release on Monday about UK-based law... 

Jasco delivers weaker H1 results

By: Natasha Odendaal     12th February 2018 JSE-listed Jasco Electronics on Monday posted weaker first-half financial results as the company faces tough market conditions. For the six months ended December 31, Jasco reported an 81% decline in headline earnings per share (HEPS) to 1.2c and a fall of 68% in earnings per share (EPS) to 2c. 

Global And National Energy Experts Prepare To Attend The 10th Annual Africa Energy Indaba 2018

     12th February 2018 The 10th edition of the Africa Energy Indaba, is the African energy event organised for Africans, by Africans, in Africa.  It is also the regional Africa event of the World Energy Council (WEC) and is strategically partnered with the South African National Energy Association (SANEA), the NEPAD... 

Budget is watershed moment for South Africa's economy - economist

By: Megan van Wyngaardt     9th February 2018 While there are early signs of a recovery in the local economy, with expected business conditions improving, government now needs to show - through its Budget later this month - that it has the credibility to take the country forward and build business and consumer confidence. Speaking at a... 

bauma CONEXPO AFRICA supporting program offers a glimpse into topics of the future

By: Creamer Media Reporter      9th February 2018 The supporting program for bauma CONEXPO AFRICA gives both exhibitors and visitors a comprehensive overview of the technologies of the future. The focus will be on networking and communication between specialists from various fields. The African and international construction and mining... 

Wacker Neuson SA signs exclusive partnership agreement with Namibian dealer - IBS

     9th February 2018 On Tuesday 28th November 2017 Wacker Neuson South Africa signed an exclusive partnership agreement with long-standing Namibian dealer, Industrial Building Supplies & Plant Hire (IBS). The agreement positions IBS as the exclusive supplier of Wacker Neuson light construction and compact equipment... 

Sappi moves to consolidate dissolving pulp leadership

By: Anine Kilian     9th February 2018 Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South Africa-based Saiccor dissolving wood pulp (DWP) mill. The South African group supplies about 20% of... 

SA pulp and paper group moves to consolidate dissolving pulp leadership

By: Anine Kilian     9th February 2018 Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South Africa-based Saiccor dissolving wood pulp (DWP) mill. The South African group supplies about 20% of... 

Electric trucks sale targeted for 2019

     9th February 2018 Truck manufacturer Volvo Trucks will start selling electric trucks in Europe in 2019, with the first units already being put into operation together with selected reference customers this year. 

Disrupting mindsets

By: Terence Creamer     9th February 2018 The main disruption in the global energy milieu over the past five years has been a “disruption in the mindset,” Engie CEO Isabelle Kocher asserted during a recent panel discussion at the World Economic Forum in Davos, Switzerland. In fact, she argued that this shift in thinking (about the role... 

Major projects rely on SMEIPP expertise from Tubular

     9th February 2018 Tubular’s expertise, resources and in-house self-sustainable facilities make the company the preferred choice for major capital projects requiring structural steelwork, mechanical, electrical, instrumentation, platework and piping (SMEIPP) solutions. Tubular are specialists in the supply of... 

Solar-asset marketplace using cryptocurrency, blockchain to monetise solar energy

By: Schalk Burger     9th February 2018 SUNEX, a new South African cryptocurrency representing the value of power produced and dispatched from the bearer's solar photovoltaic (PV) panels, helps to support and accelerate the rollout and use of PV solar renewable-energy technologies, says Sun Exchange co-founder and CEO Abraham... 

Water department seeking partnerships to strengthen policy environment

By: Dylan Slater     9th February 2018 The Department of Water and Sanitation (DWS) has reiterated that it is seeking partnerships with the public and private sectors, as well as civil society, to strengthen the current water and sanitation policy environment, said Minister Nomvula Mokonyane, during the Water Infrastructure Investment... 

Aluminium foil makers say US devastated by cheap China imports

By: Bloomberg     8th February 2018 US producers of aluminium foil said cheap imports from China have devastated the American industry, making it imperative for the US to impose duties on Chinese shipments. 

Accenture breaks ground on new building in Waterfall

By: Simone Liedtke     8th February 2018 Construction has started on the new Southern African offices of global professional services company Accenture, which will be relocating from its current offices in Woodmead to a 3 875 m² facility, in Waterfall City, in December, as part of its Africa expansion strategy. Waterfall commercial... 

South African professor receives prestigious award

By: Megan van Wyngaardt     8th February 2018 University of South Africa (Unisa) Unesco-Unisa chair in nanosciences and nanotechnology Professor Malik Maaza has been awarded the African Union (AU) Kwame Nkrumah Award for Scientific Excellence (Auknase), recognising his pioneering work in science and technology. The award is the AU's the... 

Two Weeks To Go Before The Tenth Africa Energy Indaba With Exciting Side Events

     8th February 2018 Energy is a prerequisite for sustainable economic growth in Africa and has been at the forefront of discussions on Africa reaching and maximising its growth potential. Without reliable and continuous access to energy, Africa’s most vulnerable remain disempowered and disenfranchised. Africa’s... 

New dawn for platinum mining – Robert Friedland

By: Martin Creamer     7th February 2018 New cars being produced in Japan have platinum- and copper-intensive fuel cell drives that outdo battery-powered electric vehicles (EVs) in cold climates as the EV batteries drain when the heaters are switched on, Ivanhoe Mines executive chairperson and founder Robert Friedland said on Wednesday.... 

Mining Charter should be withdrawn – Frans Baleni

By: Martin Creamer     7th February 2018 In the spirit of meaningful dialogue, the Mining Charter should be withdrawn and all key stakeholders must have a serious dialogue about the future of a sustainable mining industry in South Africa, Mining Indaba advisory board member and former leading mining trade unionist Frans Baleni said on... 

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