http://www.engineeringnews.co.za
R/€ = 15.99 Change: 0.10
R/$ = 14.01 Change: 0.20
Au 1221.51 $/oz Change: 6.02
Pt 845.50 $/oz Change: 3.71
 

Topic

Andrea Gevers (Rademeyer)

24th August 2018 This week we profile Andrea Gevers Rademeyer, CEO of market research firm Ask Afrika   

African cacao-producing country starts making top-quality chocolate

By: Rebecca Campbell     24th August 2018 Cooperation between a South African and a British business has resulted in the establishment of the first ever chocolate factory in the West African island state of São Tomé e Príncipe. The enterprises are HBD Venture Capital (HBD standing for “Here Be Dragons”), an enterprise of South African... 

Green hydrogen and renewable ammonia value chain development, Australia

By: Sheila Barradas     24th August 2018 Hydrogen Utility plans to build a 30 MW electrolysis plant and a facility for sustainable ammonia production.  

Eskom begins stakeholder interactions on ‘Strategy 2035’  

By: Terence Creamer     23rd August 2018 South Africa’s electricity utility Eskom has initiated a series of interactions with stakeholders as part of a review process designed to deliver a new long-term strategy, dubbed ‘Strategy 2035’, for the beleaguered organisation. The new leadership at the State-owned company, together with Public... 

Miners establish industry body to engage DRC govt on mining code, industry issues

By: Marleny Arnoldi     23rd August 2018 Mining companies active in the Democratic Republic of Congo (DRC) have established a new industry body, the Mining Promotion Initiative (MPI), to engage with government on industry concerns about the country’s new mining code and any other material issue concerning the mining industry in the DRC.... 

Empowered company offering bunkering services at Algoa Bay port

By: Marleny Arnoldi     23rd August 2018 Black, women-owned company South African Marine Fuels (SAMF) has started providing bunkering services in Algoa Bay, in the Eastern Cape, making the port a leading bunker and ship repair service provider to a wider market and the only licensed offshore bunkering operation in South Africa. SAMF... 

Cabinet approves gazetting of updated IRP for public comment 

By: Anine Kilian     23rd August 2018 Communications Minister Nomvula Mokonyane confirmed on Thursday that Cabinet has approved the publication of the updated Integrated Resources Plan (IRP) and that it will be gazetted for comment by no later than August 27. Briefing media on the outcomes of the Cabinet meeting held on Wednesday,... 

Gauteng rapid land release programme to be launched next week

By: Simone Liedtke     22nd August 2018 Gauteng Premier David Makhura will, on August 31, launch the province’s rapid land release programme, in which he plans to make provincial land and buildings available for the development of human settlements and for urban agriculture projects. Speaking at the Johannesburg Chamber of Commerce and... 

Michelin X® Multitm Hd D In Southern Africa

22nd August 2018 Michelin, the world’s leading tyre technology leader, today announced the availability of the MICHELIN X® MULTITM HD D in Southern Africa, an update to the immensely successful MICHELIN XDE2+. This tyre, designed for long haul, regional trucking on urban roads is another reflection of Michelin’s... 

Grindrod appoints Andrew Waller as CEO

By: Marleny Arnoldi     22nd August 2018 Following the unbundling of its shipping business into a separate entity, Grindrod has appointed Grindrod Freight Services CEO Andrew Waller as group CEO. Grindrod Shipping listed in the industrial-transportation services sector of the JSE on June 19 and on the Nasdaq on June 18, while Grindrod... 

National minimum wage bill clears parliamentary passage

By: News24Wire      22nd August 2018 The National Minimum Wage Bill was approved by the National Council of Provinces on Tuesday and will now go to President Cyril Ramaphosa to be signed into law. The adoption of the bill, along with enabling the Basic Conditions of Employment Amendment bill, was welcomed by the Congress of South... 

No concrete plans for now to douse high petrol price

By: Kim Cloete     21st August 2018 Energy Minister Jeff Radebe has lamented the sharp rise in the petrol price but has not announced any concrete plans to douse the situation. He says a cluster of Ministers has been seconded to see what government can do to mitigate high petrol prices. He expects the Ministers to report back to... 

AfriForum launches petition against planned CSIR biogas plant

By: Marleny Arnoldi     21st August 2018 AfriForum has launched a petition against the planned new biogas plant that the Council for Scientific and Industrial Research (CSIR) intends to build at its campus, in Pretoria. AfriForum, as well as residents, are concerned that the plant might be unsafe and pollute the area, which borders... 

SA looking to Equatorial Guinea, South Sudan and Algeria for oil

By: African News Agency      21st August 2018 South Africa is looking to Algeria, Equatorial-Guinea and South Sudan for crude oil sources closer to home as the country experiences its highest fuel prices in history, Energy Minister Jeff Radebe said on Tuesday. "We are looking very aggressively to other countries, Equatorial Guinea, Algeria,... 

Sanral bears brunt of lack of government clarity on e-tolls 

By: News24Wire      21st August 2018 The South African National Roads Agency (Sanral) has collected R5.6-billion less in e-toll fees than budgeted mostly because there is no clarity from government about the future of the system, Parliament has heard. Briefing the Standing Committee on Appropriations on Tuesday, Treasury’s deputy... 

Jaguar moves to reassure investors

By: Mariaan Webb     21st August 2018 TSX-listed Jaguar Mining on Monday moved to reassure investors that production at its Turmalina mine would stabilise in the coming quarters, after the company’s share price took a beating last week when it warned of lower-than-initially thought production at the Brazil operation. In a statement... 

Land Bank says land expropriation could trigger default

By: Reuters     21st August 2018 South Africa's State-owned Land Bank said on Monday a plan to allow the State to seize land without compensation could trigger defaults that could cost the government R41-billion rand if the bank's rights as a creditor are not protected. Land Bank is a specialist bank providing financial services... 

Xylem named to FORTUNE “Change the World” list

20th August 2018 Xylem among top 50 companies recognized for significant social impact Global water technology company, Xylem (NYSE:XYL), has been included on FORTUNE’s 2018 "Change the World" list, a ranking of 50 companies that have made a significant social impact through their core business strategy. Listed... 

Sasol FY18 headline earnings fall 22%

By: Anine Kilian     20th August 2018 Integrated chemicals and energy company Sasol on Monday reported a 22% year-on-year decrease in its headline earnings a share to R27.44 for the financial year ended June 30. Speaking at a presentation of the group’s results on Wednesday, joint president and CEO Bongani Nqwababa said core headline... 

Workers at Chile's Escondida, world's top copper mine, ink contract

By: Reuters     18th August 2018 The union representing workers of Chilean copper mine Escondida signed a new collective labor contract on Friday, ending the risk of a strike that could have paralyzed the world's biggest copper mine. Mine operator BHP had said earlier in the week that terms had been reached but the union needed... 

Key to a sustainable future: thyssenkrupp launches advanced water electrolysis

17th August 2018 As renewable energy sources continue their global success story, the demand for integrating them into the current South African energy and industry landscape grows. thyssenkrupp now offers a key technology for renewables integration: Industrial scale water electrolysis for large projects.... 

Construction advancing on eCobalt’s Idaho project

By: Anine Kilian     17th August 2018 Construction at eCobalt Solutions’ Idaho cobalt project, in the Idaho cobalt belt, continues to advance on time and on budget, the company said on Thursday. “Very good progress has been made at the project by our exceptional team of mining professionals,” CEO Paul Farquharson said in statement on... 

“Once you experience the value of Atlas Copco there’s no looking back” - Dynamic Air

17th August 2018 Dynamic Air recently purchased two XATS1200 compressors from Atlas Copco Power Technique to replace older same brand compressors for one of their customers in the oil refinery industry. “Having reached between 18 000 and 21 00 hours, we can safely say that these two Atlas Copco compressors have... 

New regulation increases interest in local industry

By: Melissa Zisengwe     17th August 2018 The logistics industry will be boosted by the New Customs Acts Programme (NCAP), which was formally introduced this year, says working capital specialists Investec Import Solutions customs manager Dylan Govender. The South African Revenue Service (Sars) describes the NCAP as a safe, enabling,... 

Biofuels unviable alternative in South Africa – expert

By: Paige Müller     17th August 2018 Owing to biofuels being too expensive to manufacture, University of the Witwatersrand (Wits) Business School Energy Leadership Centre director Dr Rod Crompton says this makes them a commercially unviable energy source. He tells Engineering News that, despite the fact that global renewable-energy... 

Biojet feasibility project under way

By: Paige Müller     17th August 2018 The Waste to Wing feasibility project, aimed at ascertaining the viability of waste-based sustainable aviation biofuel production and consumption in South Africa, is under way, says nature conservation organisation World Wide Fund for Nature South Africa (WWF-SA). WWF-SA bioenergy programme... 

Industry membership set to stimulate sector

By: Tasneem Bulbulia     17th August 2018 Steel supplier and processing company Allied Steelrode will use its new membership of the SA Institute of Steel Construction (SAISC) to play a positive role in the development and regeneration of the downstream steel industry, Allied Steelrode executive director Warne Rippon tells Engineering... 

Can’t you handle the truth?

By: Riaan de Lange     17th August 2018 Have you seen any mention of the publicat of the International Monetary Forum's (IMF's) 2018 Article IV consultation with South Africa? For what I have seen, it was released through a notice from the National Treasury on July 30. Have you seen any mention of this in the South African financial... 

Budget airline continues to refine its service and aircraft mix

By: Rebecca Campbell     17th August 2018 Pan-African low cost carrier Fastjet (which operates under the brand fastjet) is continuing its programme of optimising its services, routes, and fleet, to restore its financial health, ensure it becomes a sustainable going concern, and thereafter achieve consistent profitability. “As a... 

US nuclear company Westinghouse emerges from bankruptcy protection

By: Rebecca Campbell     17th August 2018 US major nuclear group Westinghouse Electric exited from bankruptcy protection (under Chapter 11 of US Bankruptcy Code) at the start of this month, when its takeover by Brookfield Business Partners came into effect. Brookfield, which is listed on the New York and Toronto Stock Exchanges and is... 

Gold Fields remains in ‘strong’ financial position, despite $367m loss, says Holland

By: Simone Liedtke     16th August 2018 Despite attributable losses from continuing operations for the six-month period ended June 30, of $367-million or $0.45 a share, CEO Nick Holland maintains that the NYSE- and JSE-listed Gold Fields remains in a strong financial position. Holland further noted on Thursday that the integrity of the... 

Elikhulu tailings retreatment project pours first gold; Pan African announces next big project 

By: Schalk Burger     16th August 2018 At the inaugural gold pour at its Elikhulu gold tailings retreatment project, in Mpumalanga, on Thursday, Pan African Resources announced the company's next big project, Royal Sheba, which will be built within the company's existing mining right at Barberton, Mpumalanga, before the end of 2019.... 

Cobalt prices stabilising – ERG

By: Anine Kilian     16th August 2018 The recent price adjustment in the cobalt market represents a logical and short-term correction to the heightened speculative activity earlier this year, says Eurasian Resources Group (ERG) CEO Benedikt  Sobotka. Cobalt metal prices jumped in excess of 120% between 2016 and 2017, a sign of strong... 

Iluka's H1 earnings surge

By: Esmarie Iannucci     16th August 2018 Mineral sands miner Iluka has reported an 80% increase in the underlying group earnings before interest, tax, depreciation and amortization (EBITDA) for the half-year to June. Underlying EBITDA reached A$278.5-million in the interim period, compared with the A$154.6-million in the previous... 

Indian mining industry seeks tax overhaul

By: Ajoy K Das     16th August 2018 The Indian mining industry has called for a complete overhaul and rationalisation of the tax regime, including scrapping the export tax on iron-ore and bauxite. The Indian mining industry has to bear the burden of one of the highest incidence of tax in the world. Mines allocated through... 

Why converting municipal trash into energy isn’t a complete waste of time

15th August 2018 Although many would argue otherwise, the inevitable concept of centralized power plants is slowly dissipating. We’re moving into an era where consumers of energy are also becoming producers of it, where communities and businesses are generating their own power. But, even though conversations... 

Davies endorses Itac’s recommendation of increase in sugar import duties

By: Simone Liedtke     15th August 2018 Trade and Industry Minister Dr Rob Davies has endorsed the International Trade Administration Commission of South Africa’s (Itac’s) recommendation for an increase in import duties on sugar to $680/t. While the level is not at the maximum bound rate, as initially requested by the industry in the... 

Infrastructure Africa to Launch DealRoom Platform

By: Creamer Media Reporter      15th August 2018 The Infrastructure Africa Business Forum 2018 has announced the launch of  DealRoom, its new business matchmaking and networking platform. This initiative serves to assist participants and esteemed members of the infrastructure community in fostering valuable stakeholder liaisons with financiers... 

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close