R/€ = 16.07 Change: -0.06
R/$ = 13.65 Change: -0.13
Au 1280.70 $/oz Change: -0.10
Pt 923.50 $/oz Change: 0.00


Robben Island inaugurates R25m microgrid

By: Mia Breytenbach     20th October 2017 Robben Island, a World Heritage Site has gone green with the installation of a R25-million solar energy, lithium-ion battery storage microgrid that will supply almost half of the island’s yearly electricity requirement. The Department of Tourism, together with the appointed engineering,... 

Illovo secures Treasury approval for land development project

By: Creamer Media Reporter      20th October 2017 The National Treasury Jobs Fund has approved Illovo Sugar South Africa’s project to develop a further 3 000 ha of small-scale grower cane land on the South Coast of KwaZulu-Natal. The project will result in the creation of 1 188 new jobs and the training of 1 630 people. 

SKF Zambia kicks off on a high Rugby 7’s note

     20th October 2017 The first weekend of August 2017 saw the community of the Zambian Copperbelt mining town, Mufulira, bristling with excitement as they welcomed the Mufulira Sevens Rugby Tournament. SKF Zambia was delighted to join forces with Mopani Copper Mines in hosting this prestigious Seven-a-Side Rugby... 

Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

By: Mia Breytenbach     20th October 2017 Amid low levels of capital project activities in South Africa, the $400-million Gamsberg zinc and lead project, in the Northern Cape, has become the largest mining project under execution in the country. “Commentators have noted that this significant investment in the South African mining... 

Businesses must take action to drive inclusive growth in Africa

By: Robyn Wilkinson     20th October 2017 There is a need for a new social narrative that balances generating profits with building social capital to drive inclusive economic growth in Africa, says management consultant IQbusiness CEO Adam Craker.  

Over 6 000 visitors expected at packaging event

By: Victor Moolman     20th October 2017 This year, Propak Cape, taking place at the Cape Town International Convention Centre from October 24 to 26, will host more than 200 local and international exhibitors. Based on the previous Propak Cape, held in 2014, this year, the company is expecting more than 6 000 visitors. 

Clarifying sustainability reporting imperative for modern business

By: Robyn Wilkinson     20th October 2017 A clear and shared sustainability reporting framework is integral for enabling companies to demonstrate a positive impact on not only the economies but also the societies and environments in which they operate, says independent international organisation Global Reporting Initiative (GRI) CE Tim... 

New business model drives group’s resurgence in Africa

By: Robyn Wilkinson     20th October 2017 Economic growth in Africa is ensuring a steady demand for infrastructure development and by tailoring its business model to access this demand, engineering services provider ELB Group has enhanced its activities on the continent and announced a return to profitability. 

Property developer launches SA’s first dual-certified property portfolio

By: Mia Breytenbach     20th October 2017 Real estate investment trust (Reit) Growthpoint Properties has launched the first and only property portfolio in South Africa to be highly rated by the South African Property Owners Association (Sapoa) and the Green Building Council South Africa (GBCSA). The Thrive Portfolio combines quality and... 

Call for collaborative action to support sustainable tourism

By: Dylan Slater     20th October 2017 In recognition of Africa’s tourism and travel industry’s ability to serve as an engine of progress for socioeconomic transformation, the African Development Bank (AfDB) calls for collaborative actions from all stakeholders for the development of sustainable tourism in Africa.  

Exxaro headquarters, South Africa

By: Sheila Barradas     20th October 2017 Exxaro aims to consolidate its current offices in Pretoria and Johannesburg into one workspace at a convenient midpoint for staff and business partners. 

Solar power projects, Egypt

By: Sheila Barradas     20th October 2017 The Egyptian Electricity Transmission Company hopes to increase Egypt’s power generation capacity through the construction of 11 greenfield solar power plants. 

Remove exploration red tape or mining will die, geologist warns 

By: Martin Creamer     19th October 2017 The excessive red tape around minerals exploration must be removed to prevent the demise of South Africa’s vital mining industry, consulting exploration geologist Allan Saad said on Thursday. Saad, who spent 18 years in geological roles with mining major Rio Tinto and who formerly represented the... 

Blame game on over supposed coal shortage in India

By: Ajoy K Das     19th October 2017 In a blame game over a supposed coal shortage in the country, India’s Coal Ministry has fingered thermal power companies for their failure to follow procedures and a lack of efficient inventory management, while demanding more supplies of dry fuel. The Coal Ministry has claimed that it has been... 

Relationship between agriculture, climate change should be prioritised

By: Anine Kilian     19th October 2017 A firm decision needs to be made on how to mitigate against the impact of climate change on the agricultural sector, which is facing increased environmental impacts, University of South Africa (Unisa) Exxaro Chair in Business and Climate research assistant Bongani Chavalala said on Wednesday.... 

Famed SA Attraction Benefits from SewTreat’s Sustainable Sanitation Technology

     19th October 2017 The environmental footprint of world renowned tourist attraction, the Bourke’s Luck Potholes in Mpumalanga, has been taken to new level thanks to SewTreat’s supply of a biological waste water treatment plant for the Mpumalanga Tourism & Parks Agency.   The existing septic tank system servicing... 

‘Mine-blowing’ automated door solutions from Maxiflex

     18th October 2017 A range of superior quality, rugged automated door solutions, engineered to meet increased safety, efficiency and productivity on mines, are available from South Africa’s leading door and loading dock specialist, Maxiflex. The local mining industry is facing significant challenges which are... 

Opinion: No guarantee Zuma’s new ‘fission expedition’ will succeed

By: Terence Creamer     18th October 2017 We know for certain what President Jacob Zuma’s latest Cabinet reshuffle was not. It was not about South Africa, or about good governance. It was not about doing what is necessary to place the economy back on a growth trajectory. It was not about dealing with the triple scourge of poverty,... 

As banks flee diamond trading, a startup plans to fill the gap

By: Bloomberg     18th October 2017 As major banks abandon the diamond trading world, one new lender is preparing to jump in. Dfin, a London-based corporate finance firm that specializes in the diamond sector, plans to lend $250-million to diamond polishers, cutters and traders -- known in the industry as the midstream -- over the... 

South African mining industry must modernise – Chamber of Mines

By: Dylan Slater     18th October 2017 The South African mining industry has to modernise as a matter of urgency in order to halt job cuts in the industry, as well as to create more jobs, says Chamber of Mines modernisation and safety head Sietse van der Woude. Delivering a keynote address at diversified engineering solutions company... 

Ramaphosa applauds Safcec’s efforts to transform the country’s built environment

By: Anine Kilian     17th October 2017 Deputy President Cyril Rampahosa has lauded the South African Forum of Civil Engineering Contractors (Safcec) for partnering with government to transform the country’s built environment. “I applaud the forum for leading the voluntary rebuilding programme, which led to a landmark agreement with... 

Airbnb injects $1m to boost community-led tourism projects in Africa

By: African News Agency      17th October 2017 Peer-to-peer property rental accommodation platform Airbnb on Tuesday announced that it will invest $1-million through 2020 to promote and support community-led tourism projects in Africa. Airbnb said this commitment is part of its vision to empower communities through home sharing and to promote... 

Kibali on track as it prepares for completion of underground mine

By: Anine Kilian     17th October 2017 Randgold Resources’ Democratic Republic of Congo- (DRC-) based Kibali gold mine remains on track to achieve its production target of 610 000 oz this year as its underground operations and the integration and automation of the vertical shaft enters the final commissioning and automation stage, CEO... 

Baobab expansion to cost $53.4m

By: Esmarie Swanepoel     17th October 2017 Initial studies into an expanded plant at the Baobab phosphate project, in Senegal, has estimated that the project would require a capital investment of $53.4-million to increase nameplate capacity from the current 500 000 t/y to one-million tonnes a year of high-grade phosphate rock... 

Four mining legends to be inducted in Canada’s Mining Hall of Fame

By: Henry Lazenby     17th October 2017 The Canadian Mining Hall of Fame (CMHF) has revealed that it will induct four mining legends to its ranks early in the new year, the organisation announced on Monday. Ross Beaty, Bob Gannicott, Terry MacGibbon and Ed Thompson will be added to the group of 177 hall of famers during a ceremony to... 

Atlatsa retreats into hibernation

By: Henry Lazenby     16th October 2017 Black economic empowered platinum group metals (PGMs) company Atlatsa Resources has confirmed that its 51%-owned Bokoni platinum mine, in South Africa, has been placed on care and maintenance on October 1, as part of an Anglo American Platinum- (Amplats-) backed restructuring agreement. The TSX-... 

Water dept urges corporates to close R30bn/y infrastructure funding gap

By: African News Agency      16th October 2017 The  Department of Water Sanitation has urged the South African financial sector to support its efforts to close the water services R30-billion-a-year infrastructure funding gap.  The department is in the process of drafting a new national water and sanitation master plan, which is expected to be... 

Afrox and communities celebrate Bumbanani Day on 14 October 2017

     16th October 2017 On 14 October this year, over 2000 disadvantaged and underprivileged children across southern Africa will be entertained by Afrox volunteer staff and treated to fun, games, outings and goodie bags as part of the gases and welding company’s annual Bambanani Day nation-wide celebrations. Bumbanani... 

Bioenzymes Continue To Revolutionise Industrial Cleaning

     16th October 2017 Issued by Perfect Word Consulting (Pty) Ltd In the field of industrial cleaning, the antiquated mantra dictates that the stronger the product smells, the better it works. Using this approach, many companies utilised acrid, chemically driven products that were ineffectual against many strains of... 

Lynas sets records in Sept quarter

By: Esmarie Swanepoel     16th October 2017 Rare earths miner Lynas has reported record sales revenue for the three months to September, along with record production and cash flows. Lynas on Monday reported record production of 1 442 t of neodymium and praseodymium (NdPr) during the quarter, which was up 22.6% on the previous corresponding... 

Warning that Cape Town's water outages could cause solar water geysers to 'explode'

By: News24Wire      13th October 2017 Water outages to preselected suburbs by the City of Cape Town could lead to solar water geysers "exploding", an electrical and electronic engineer warned on Thursday. The City on Monday announced that Phase One of its Critical Water Shortages Disaster Plan came into effect which would cause water... 

Drainage system helps manufacturer achieve international standards

By: Robyn Wilkinson     13th October 2017 Drainage technology provider ACO Systems South Africa has completed the first phase of the installation of its flagship hygienic solution at food manufacturer Simba Pepsico’s production plant, in Johannesburg. 

JV brings suspension products closer to market

By: Robyn Wilkinson     13th October 2017 A new joint venture (JV) – National Spring Manufacturers – between Italian suspension products provider Mollebalestra and local auto spring manufacturer Golden Spring & Engineering Services was launched last month, boosting the availability of the international brand and creating employment... 

Population increase outstrips water infrastructure

By: Nica Schreuder     13th October 2017 With South Africa’s population rapidly increasing in the past 60 years, water scarcity and a lack of adequate infrastructure continue to be of concern, says water components supplier African Pipes, Valves and Fittings director Ben Levitas. In the past, the traditional way of increasing to... 

Event drives partnerships at the highest levels

By: Robyn Wilkinson     13th October 2017 This year’s South Africa-Italy Summit/Indaba will advance the work of the previous three years’ events in building a community of business and governmental leaders from South Africa and Italy that will seek to reinforce strategic business relationships and actively explore new opportunities for... 

Global water insecurity calls for water infrastructure maintenance

     13th October 2017 The growing funding gap to keep up with the rehabilitation, operation and maintenance of ageing water infrastructure is a global concern, particularly in the current age of austerity, says global engineering firm Aurecon. The firm emphasises that new water systems need to be built to cope with... 

Italian company ensures engineering success in KZN

By: Robyn Wilkinson     13th October 2017 As it celebrates its sixtieth year in South Africa, Italian multinational engineering solutions provider Maccaferri will complete the construction of one of the country’s largest surfaces of mechanically stabilised earth walls to date – at 10 000 m2 – at the Mount Edgecombe interchange, in... 

South Africa’s space sector hobbled by lack of support

By: Keith Campbell     13th October 2017 South Africa's space sector has been hobbled by lack of adequate support from the South African Government. This was made clear during a panel discussion on space technology at the recent Aerospace, Maritime and Defence Conference 2017 in Pretoria. "Most space programmes, worldwide, have been... 

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