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Schalk Burger is Creamer Media Senior Deputy Editor for Engineering News and Mining Weekly.
Sappi sells Lanaken mill site for €50m
After closing the Sappi Lanaken mill, in Belgium, in December, following the company's announcement to reduce production capacity for graphic paper in Europe, Sappi has concluded an agreement with...
IAB offers to buy remaining Bell Equipment shares, plans to delist the company
Investment holding company IAB, which is owned by representatives of the founding family and affiliates of Bell Equipment and holds 70.13% of the company's issued shares, has offered to buy the...
Promising effect of new Cabinet consolidating – BLSA
"The positive sentiment sparked by the Government of National Unity (GNU) is consolidating," business lobby Business Leadership South Africa (BLSA) CEO Busi Mavuso states in her latest weekly...
Actom builds first 66 kV transformer, sets sights on further expansion in Africa
Electromechanical equipment manufacturer Actom, which has manufactured its first 66 kV transformer, says it plans to supply small high-voltage (HV) power transformers in Africa, as part of plans to...
Establishment of carbon borders not supported by climate finance commitments
The European Union (EU) is one of the first regions to establish a Carbon Border Adjustment Mechanism (CBAM) scheme, with the current requirement that companies report on the total carbon footprint...
Sustainable strategies for digitalisation needed, from raw materials to waste management
The nature and scale of the digital sector’s environmental footprint remains largely unassessed, and there is an urgent need for sustainable strategies throughout the life cycle of digitalisation,...
Solidarity proposes economic recovery policies based on international examples
Trade union Solidarity has submitted an economic recovery plan, which is based on international examples of policies that have led to improved economic development, to the National Treasury. The...
Sapia changes name to Fiasa to reflect fuels industry changes
Industry organisation the South African Petroleum Industry Association (Sapia) has changed its name to the Fuels Industry Association of South Africa (Fiasa) to reflect its commitment to a...
Leasehold model at Dube TradePort provides consistent revenue, helps property developers
Special economic zone (SEZ) Dube TradePort says its long-term leasehold model allows investors to access land over long periods without the need to buy it outright and ensures that it has a stable...
BankservAfrica, UnionPay International collaborate on safer e-commerce in Africa
Financial markets infrastructure provider BankservAfrica and payment services company UnionPay International (UPI) are collaborating to facilitate easier and safer e-commerce transactions for UPI...
Local refineries still in need of capital investment to meet clean fuels requirements
Industry organisation the South African Petroleum Industry Association (Sapia) has reiterated the need for capital investment in local refineries to ensure they can meet the second clean fuels...
Saice to work with Cabinet to address South Africa's infrastructure challenges
Industry organisation the South African Institution of Civil Engineering (Saice) says it is committed to collaborating with government to address the nation's infrastructure challenges and foster...
Last year was pivotal for the power sector, Energy Council says
2023 was a pivotal year for South Africa’s power sector, as unprecedented loadshedding undermined the economy and society, industry organisation the Energy Council of South Africa says. “We can...
Safda, SA Canegrowers resolve sugarcane transformation funding dispute
Industry organisations the South African Farmers Development Association (Safda) and the South African Canegrowers Association (SA Canegrowers) have resolved their disagreement about transformation...
ProMarks, Trafigura sign MoU with Angola govt to develop PPP model for power transmission
Electrical engineering company ProMarks and industrial conglomerate Trafigura have signed a memorandum of understanding (MoU) with the government of Angola to conduct a technical and economic...
Eskom, Minister celebrate 100 days without loadshedding milestone
State-owned power utility Eskom has achieved 100 consecutive days without loadshedding, which reflects the enhanced reliability and performance of its generation fleet. The continuous suspension of...
Central banks to increase gold holdings in next 12 months, says World Gold Council
More than eight in ten, or 81%, of respondents to the 2024 Central Banks Gold Reserves survey said they expect reserve managers to continue to increase their gold holdings in the next 12 months....
Cluff Africa inks deal to acquire Zimbabwe lithium permits
UK-based mineral resources investment company Cluff Africa has signed a term sheet with Zimbabwe sovereign wealth fund, Mutapa Investment Fund, to acquire 45% in the Sandawana mining permits. This...
Consistent pipeline all that is needed to resuscitate SA construction
A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and leadership, is all that is necessary to accelerate...
Consistent pipeline all that is needed to resuscitate SA construction
A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and leadership, is all that is necessary to accelerate...
CEO confidence improves in the second quarter
Financial advisory company Merchantec's CEO Confidence Index increased by six points to 51.4 in the second quarter, driven by a significant improvement in confidence in the consumer staples sector...
Digital nomad visas could attract professionals, Endeavor South Africa says
Entrepreneurial support organisation Endeavor South Africa says the South African remote work, or digital nomad, visa can help the local technology industry and entrepreneurs, and is a positive...
Bosch Rexroth Africa opens first branch in Côte d'Ivoire
Hydraulics, pneumatics and automation group Bosch Rexroth Africa opened its first branch in Côte d'Ivoire, in June, to meet the increasing demand for its hydraulic, pneumatic and automation...
Metals, engineering sector pension boards undertaking due diligence for worker housing
Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says the agreement to provide access to housing for industry workers has been referred to the Metal...
Brikor plans to delist from the JSE
The board of directors of building materials manufacturer and supplier Brikor has advised shareholders that it is considering proposing an arrangement to repurchase the shares held by the remaining...
Bidvest to dispose of Bidvest Bank as part of financial services restructuring
JSE-listed services, trading and distribution company Bidvest Group has advised shareholders that its board has approved a process to dispose of Bidvest Bank and its related entity FinGlobal. The...
Subsidising costs for solar panel recycling will offset high costs in industry
Government and producer responsibility organisations could support the solar industry by subsidising the cost of recycling the PV panels and helping to establish recyclers. In this way, the...
Milken Institute launches Africa Leaders Business Council
Development think tank the Milken Institute has launched the Africa Leaders Business Council, which brings together experts across business, technology, finance and investment, sustainability and...
Convergence fulfils conditions to acquire Datacentrix
Technology-focused private equity investment management company Convergence Partners has met all conditions precedent to acquire 100% of system integration service company Datacentrix from...
South Africa must develop solutions to address specific sanitation issues
Various technologies, from ventilated improved pit toilets to decentralised wastewater systems, offer potential solutions to some of the country’s sanitation challenges, but these technologies must...
Half of turbines for Koruson 1 wind farms delivered to site
About half of the 237 turbine blades and other components required for the Koruson 1 cluster of wind farms, being built on the border of the Eastern and Northern Cape provinces, have been delivered...
Fireblade Aviation prepares for growth in private aviation
Private aviation company Fireblade Aviation has positioned each of its divisions to grow as international demand for aviation resources increases, particularly private aviation over the past three...
Cesa welcomes Macpherson's appointment as Public Works Minister
Industry organisation Consulting Engineers South Africa (Cesa) says it looks forward to working with new Public Works and Infrastructure Minister Dean Macpherson. “We trust [he] will be more...
Absa PMI rises, but remains below 50-point mark amid persisting challenges
The Absa Purchasing Managers’ Index (PMI) increased by 1.9 points to 45.7 points in June, from 43.8 in May, but remained below the 50-point mark. Following a strong start to the second quarter,...
Kusile unit 5 enters commercial operation
Following six months of testing and optimisation, State-owned Eskom has transferred Unit 5 of the Kusile Power Station to its Generation division, and this unit will now begin contributing power,...
Nampak sees turnaround in first-half performance
JSE-listed packaging producer Nampak has achieved headline earnings of R267-million for its total operations for the six months ended March 31, compared with a headline loss of R342-million for the...
Absa doubles MIGA agreements to $1bn capital guarantee
Financial services firm Absa has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), which is a member of the World Bank Group, freeing up additional financial...
Man receives five-year prison sentence for tampering with Eskom infrastructure
The Mthatha Specialised Commercial Crime Court has sentenced a man to five years in prison, wholly suspended for five years, for falsely representing himself as an Eskom contractor to the residents...
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