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


Macro disquiet drowns out signs of base metals shortages

By: Reuters     4th October 2018 Uncertainty about how metals demand will be hit by trade wars, rising US interest rates and a slowdown in China is weighing on industrial metals prices, submerging signals pointing to potential shortages. The index of copper and five other top industrial metals traded on the London Metal Exchange... 

African transport infrastructure insufficient for continental growth – Nzimande

By: African News Agency      4th October 2018 Transport Minister Blade Nzimande has said that if Africa wants to capitalise on its fast growth trajectory it needed better transport and logistics as current infrastructure was “insufficient”. Delivering the keynote address at the 2018 African Ports and Rail Evolution Conference at the Inkosi... 

Mobile laboratories use robots to teach children about sciences 

4th October 2018 The Inspired towards Science, Engineering and Technology, or I-Set, project, sponsored by petrochemicals company Sasol and facilitated by the University of South Africa, uses mobile laboratories and robotics kits to teach science to school children. Schalk Burger has the story. 

Cargo Carriers helps its customers navigate complex supply chains

By: Creamer Media Reporter      3rd October 2018 Supply chains are becoming more complex and a higher degree of coordination is, therefore, required to manufacture or produce products and get them to market. One of the largest contributors towards this scenario is customer expectations, including a need to drive down costs. 

Infrastructure Africa 2018 to discuss development business opportunities

By: Creamer Media Reporter      3rd October 2018 Infrastructure development is a key driver for progress across the African continent and a critical enabler for productivity and sustainable economic growth. It contributes significantly to human development, poverty reduction, and the attainment of the Millennium Development Goals (MDGs).... 

Taxify expands South African operations with two new cities

3rd October 2018 Ride hailing service Taxify has significantly expanded its South African operations by announcing the launch of services in the cities of Polokwane in Limpopo, and East London in the Eastern Cape. This announcement comes shortly after the ride hailing service said in June 2018 that it had... 

Joburg and Cape Town pave major investment for mobility access and infrastructural developments

3rd October 2018 Report highlights role of emerging technologies and innovative solutions in fuelling future of mobility The city of Cape Town began its Congestion Management Program to reduce traffic problems and plans to spend more than US$57 million over five years on road infrastructure projects 

Infrastructure Africa 2018 to discuss development business opportunities

By: Creamer Media Reporter      3rd October 2018 Infrastructure development is a key driver for progress across the African continent and a critical enabler for productivity and sustainable economic growth. It contributes significantly to human development, poverty reduction, and the attainment of the Millennium Development Goals (MDGs).... 

South Africa's private-sector activity remains weak amid recession

By: Reuters     3rd October 2018 South African private sector activity remained weak in September as output, new orders and employment fell after the economy fell into recession, a survey showed on Wednesday. The Standard Bank Purchasing Managers' Index (PMI), compiled by IHS Markit, rose to 48 in September from 47.2 in August,... 

Transnet lining up to be a global player by 2020, Gama tells delegates

By: African News Agency      2nd October 2018 Embattled Transnet chief executive Siyabonga Gama on Tuesday told delegates at a transport and logistics conference in Durban that the parastatal is aiming to be a multi-billion rand player in the global logistics game by 2020. “We aim to grow Transnet to a R100-billion business by 2020 and a top... 

Germany pushes VW, BMW for trade-ins to defuse diesel crisis

By: Bloomberg     2nd October 2018 Germany’s ruling coalition pushed Volkswagen, Daimler and BMW to offer trade-in rebates for older diesel vehicles to avoid driving bans in urban areas and defuse a crisis that’s sullying the country’s reputation as an automotive leader. The plan wasreed by Chancellor Angela Merkel’s government... 

Mini-refineries race billionaire to fix Nigerian fuel crisis

By: Bloomberg     2nd October 2018 In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is building a 650 000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7-billion annual fuel-import bill. Such is the... 

City of Cape Town to spend over R2bn on new housing – De Lille

By: African News Agency      2nd October 2018 The city of Cape Town’s Transport and Urban Development Authority (TDA) will spend over R2-billion on new housing over the next three financial years, with over R500-million budgeted for 2018/19, mayor Patricia de Lille said on Tuesday. In a statement, de Lille said the 2018/19 budget was... 

Lifting technology: Konecranes modernises the rotary crane at the DLR test facility for rocket drives

2nd October 2018 Konecranes modernises the rotary crane at the test facility for rocket drives at the Deutsches Zentrum für Luft- und Raumfahrt DLR (German Aerospace Centre), installing the latest technology for increased efficiency and safety. Konecranes modernises the rotary crane at the test facility for... 

SA's unemployment crisis in numbers 

By: News24Wire      2nd October 2018 The Jobs Summit, which will kick off later this week, is a joint effort by various stakeholders to find solutions to South Africa’s unemployment crisis. President Cyril Ramaphosa announced the summit during his State of the Nation Address in February, and it is intended to yield practical... 

Botswana manganese estimate fires up aspirant battery supplier

By: Martin Creamer     1st October 2018 A maiden mineral resource at the Kgwakgwe Hill manganese field in Botswana has given a Toronto venture exchange junior exploration company sufficient confidence to proceed immediately with a preliminary economic assessment, Mining Weekly Online can today report. The mineral resource estimate,... 

Govt to finalise biofuels regulatory framework by March 2019

By: Kim Cloete     1st October 2018 The government plans to finalise the long-awaited biofuel blending regulatory framework and have it approved by Cabinet before the end of March 2019, while the Department of Energy (DoE) is also focusing sharply on the development of gas-to-power opportunities. This was revealed in a speech read... 

Umhlanga’s N2/M41 Interchange – Connecting Communities, Improving Lives

By: Creamer Media Reporter      1st October 2018 Roads are the hallmark of a progressive society and have profound impacts on the communities they serve. The almost complete Mount Edgecombe N2/M41 Interchange at uMhlanga on KwaZulu-Natal’s rapidly expanding North Coast, is one such development that will have a significant impact on this area’s... 

Babcock and ZAC partnership a success story

By: Creamer Media Reporter      1st October 2018 Striving to find effective, flexible solutions to customers’ unique needs underpinned Babcock’s recent partnership with Zululand Anthracite Colliery (ZAC). Earlier this year ZAC celebrated an impressive average of 5 000 machine hours worked in the space of just one year, with zero downtime while... 

Makhado project’s environmental authorisation faces fresh appeal

By: Tasneem Bulbulia     28th September 2018 MC Mining plans to follow due process to have a fresh appeal against an environmental authorisation (EA) for its Makhado hard coking and thermal coal project dismissed. The appeal by what MC described as a “narrow interest group” has resulted in the suspension of the amended EA. 

Motherwell Passenger Rail a potential boon for Port Elizabeth

28th September 2018 Designed by GIBB Engineering and Architecture, the Motherwell Passenger Rail Corridor (MPRC) in the Eastern Cape is one of PRASA’s largest rail projects. The MPRC, when constructed will be a major benefit for Port Elizabeth and could lead to other important developments, such as the upgrading of... 

AECOM continues to build on its track record in the rail industry

28th September 2018 Integrated infrastructure development company AECOM plays a key role in identifying the need for railway projects, conceptualising these, assessing the feasibility, undertaking the planning, designing the services and infrastructure, assisting with the procurement, and then managing the... 

N1 upgrades in Western Cape now 60% complete, completion targeted for May 2019

By: Marleny Arnoldi     28th September 2018 The R487-million upgrade of a section of the N1 between Plattekloof road and Old Oak interchange, in the Western Cape, is 60% complete. The project is expected to be completed by May 2019.  

Kusile power plant project, South Africa

By: Sheila Barradas     28th September 2018 The remaining Kusile units are progressing well. 

Air freight volumes see reduced growth, but yields remain good

By: Rebecca Campbell     28th September 2018 The International Air Transport Association (IATA) has reported, in its “Cargo Chartbook Q3 2018”, that the yearly increase in air freight ton/kilometres (FTKs) had decelerated to 2.8% during the three month period ending in July. This was “its slowest pace on this basis in more than two years,”... 

Carrier-grade offload network set up to mitigate spectrum shortage

By: Natasha Odendaal     28th September 2018 Open-access network provider Vast Networks has developed a new true carrier-grade offload network to offset South Africa’s spectrum shortage and facilitate access to affordable connectivity. The group in September unveiled the “first of its kind” technology on the continent to proactively and... 

Musings on the local aerospace and defence industries

By: Rebecca Campbell     28th September 2018 Last week saw the latest edition of Africa Aerospace and Defence, still the continent’s premier exhibition in this sector, attracting exhibitors and visitors from all over the world. And, naturally, drawing one’s thoughts to the state of the closely related but not identical aerospace and defence... 

On the mend?

By: Terence Creamer     28th September 2018 Business confidence is at debilitating low levels and trust between government and business remains fragile after the abusive Zuma years. Nevertheless, there are some encouraging signs that the relationship is on the mend, albeit at such a high level that it will take time to filter through to... 

Local strides to hydrogen economy tempered by cost, industrialisation questions

By: Schalk Burger     27th September 2018 The use of platinum group metals-based fuel cells in electricity and mobility applications is expected to provide ample commercial opportunities for South Africa, in line with worldwide trends to decarbonise electricity generation and transport. However, the high cost of these technologies,... 

Enviroserv fined R10m for collusion

By: Marleny Arnoldi     27th September 2018 The Competition Tribunal has imposed a R10.2-milllion penalty on Enviroserv, after investigations found that Enviroserv had colluded with Wasteman to set the downstream price in the market for waste transportation services. The tribunal found that the two firms used their upstream joint... 

Bushveld reports first consolidated net profit, net free cash flow for group

By: Simone Liedtke     26th September 2018 Aim-listed Bushveld Minerals on Wednesday reported its first consolidated net profit and net free cash flow for the group for the six-month period ended June 30. Commenting on the results, CEO Fortune Mojapelo said the unaudited financial results for the first half of the financial year reflected... 

E-toll summonses up nearly 20-fold in 3 years

By: News24Wire      26th September 2018 Summonses issued for e-toll nonpayments have increased nearly 20-fold over the past three years but collections are down, according to data supplied by the minister of transport to members of Parliament. Transport Minister Blade Nzimande gave details on the number of summonses issued by the South... 

President Highlights Importance of Infrastructure Development

26th September 2018 On Friday, President Cyril Ramaphosa announced his plan to establish a public-private infrastructure fund as part of the nation’s recovery plan in an effort to revive the nation’s sluggish economy after the country entered a recession in the second quarter of this year. “With a view to unlocking... 

New visa laws don’t go far enough - BARSA

26th September 2018 The Board of Airline Representatives of South Africa (BARSA) has noted the details provided by the Minister of Home Affairs, Mr. Malusi Gigaba, regarding the relaxation of visa requirements to the country, which forms part of the economic stimulus and recovery plan announced by President Cyril... 

Queensland fires up for gas supply challenge

By: Creamer Media Reporter      26th September 2018 More explorers are on the hunt across Queensland for gas for the hungry Australian market. Natural Resources, Mines and Energy Minister Dr Anthony Lynham on Tuesday announced that four companies would soon start exploring more than 6 600 km2 for more gas for local use, as well as export dollars. 

Stats SA reports SA lost 69 000 jobs in second quarter

By: News24Wire      26th September 2018 Employment in South African's non-agricultural formal sector dropped by 69 000 between March and June 2018, Stats SA announced on Wednesday in its  latest Quarterly Employment Statistics (QES) bulletin.  The QES results, published quarterly, are based on a sample survey conducted by Stats SA and... 

Concrete Offers Unmatched Structural Integrity, Says TCI

25th September 2018 Structural integrity, durability, energy efficiency and fire resistance are just a few of the benefits concrete construction offers for the creation of infrastructure, says Bryan Perrie, MD of The Concrete Institute (TCI). Perrie says the strength of concrete elements in buildings is well... 

Why Are More Mines Integrating Renewables?

25th September 2018 By Melodie Michel, Energy and Mines Rob Schueffner, Hybrid Energy Solutions Manager for Caterpillar Electric Power, explains how the financial benefits and reliability of renewable energy solutions available for mines today are quickly matching the environmental benefits. 

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