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Locally built EVs launch new mobile storefront for African telcos
4th November 2024 By: Creamer Media Reporter

Stellenbosch-based electric vehicle (EV) company MellowVans has partnered with Itemate Solutions to launch a new mobile store solution for African telecommunications companies, developed... 


A Vodacom sign outside a building
Genuine competition regulation will be bedrock for more equitable South Africa – Mavuso
4th November 2024 By: Schalk Burger

South Africa’s competition landscape is under intense scrutiny following the Competition Tribunal’s recent decision to block telecommunications firm Vodacom’s R14-billion acquisition of a... 


An image showing the BOC with its Train Operator of the Year award
Gautrain operator scoops award at inaugural Rail Industry Awards
4th November 2024 By: Tasneem Bulbulia

The Bombela Operating Company (BOC), which currently operates and maintains the Gautrain, was awarded the Train Operator of the Year award at the inaugural Rail Industry Awards, hosted by the... 


Passenger-car sales show signs of recovery; exports continue to plummet
Passenger-car sales show signs of recovery; exports continue to plummet
4th November 2024 By: Irma Venter

New-vehicle sales in October picked up some long-awaited momentum and increased by 5.5%, to 47 942 units, compared with the same month last year, driven by a recovery in passenger-car sales. naamsa... 


An image showing Chrisnelsa's EV/HEC training centre
Chrisnelsa, AIDC launch pioneer EV/HEV training centre in Rosslyn
4th November 2024 By: Tasneem Bulbulia

Automotive quality control specialist Chrisnelsa, in collaboration with government entity the Automotive Industry Development Centre (AIDC) and UK-based EV training institute Duplex Business... 


Kriel Power Station
Trip at Kriel power station’s Unit 6 will not lead to loadshedding, Eskom assures
4th November 2024 By: Darren Parker

State-owned utility Eskom has assured the country that the tripping of Unit 6 at the Kriel power station, in Mpumalanga, on November 3, would not impact the current generation capacity or lead to... 


Anglo American CE Duncan Wanblad.
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
4th November 2024 By: Martin Creamer

Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a minority interest it holds in an Australian steelmaking coal business in the... 


African financial institutions call for greater mobilisation of resources to develop Africa
4th November 2024 By: Rebecca Campbell

The Alliance of African Multilateral Financial Institutions (AAMFI) has called for the increased mobilisation of resources to fund sustainable development in Africa. AAMFI made the call at a... 


Fuel prices to increase in November
4th November 2024 By: Schalk Burger

Fuel prices are set to increase on November 6, with 93 octane and 95 octane petrol prices to increase by 25c/ℓ. Diesel with a sulphur content of 0.05% will increase by 21c/ℓ and 0.005% sulphur... 


pouring asphalt
AECI to sell Much Asphalt for R1.1bn
4th November 2024 By: Darren Parker

JSE-listed AECI has announced the signing of a share purchase agreement with a consortium involving Old Mutual Private Equity (OMPE) and Sphere Investments to sell its entire ownership stake in... 


Paratus completes East-West Africa fibre route
4th November 2024 By: Creamer Media Reporter

Pan-African telecommunications company Paratus Group has completed its strategic East-West Africa fibre route, the first coast-to-coast terrestrial route using Paratus-built fibre infrastructure,... 


From left: Wekaba Engineering business development manager Neil Sewnarain; NAACAM national executive committee member Goodrich Kowane; Wekaba Engineering MD Gunter Haacke; Wekaba Engineering Shareholder (SAIG) Sandile Buthelezi; Wekaba Engineering Shareholder (SAIG) Robert Spoon; SAIG CFO Christiaan Schoeman
Wekaba launches R25m automotive manufacturing plant
4th November 2024 By: Sabrina Jardim

Medium- to high-volume computerized numerical control (CNC) machined automation components manufacturer Wekaba officially launched its R25-million automotive manufacturing plant in Alberton,... 


Transport Minister Barbara Creecy
Creecy encourages road user behaviour change as she discusses Moloto road progress
4th November 2024 By: Sabrina Jardim

Significant progress has been made on the R15-billion upgrade of the Moloto road which, once completed, is expected to help improve safety on one of the country’s most dangerous roads, remarked... 


Finance Minister Enoch Godongwana
Goldman more upbeat on South Africa than its Finance Minister
4th November 2024 By: Bloomberg

Goldman Sachs believes South Africa is unlikely to suffer the large revenue shortfall projected by its finance minister and that the nation’s path for fiscal consolidation remains credible. Finance... 


Altron earnings jump in first-half
4th November 2024 By: Natasha Odendaal

JSE-listed Altron on Monday posted significant increases during the six months ended August 31, 2024. On a group level, including discontinued operations, revenue declined 6% to R5.1-billion;... 


BLSA CEO Busi Mavuso
South Africa should capitalise on its East and West trade ties – BLSA
4th November 2024 By: Schalk Burger

Building a stronger economy is the best way for South Africa to prepare for any internal or external shocks. While this requires the country to successfully carry out reforms, South Africa is in a... 


Redefine CEO Andrew König
Redefine reports improvements in occupancy, overall demand
4th November 2024 By: Marleny Arnoldi

JSE-listed real estate investment trust (Reit) Redefine Properties has posted a distributable income per share (DIPS) of 50.02c and a dividend of 42.52c apiece for the financial year ended August... 


Vodacom's head office
Blocked Vodacom merger derails South African telcos M&A push, analysts say
4th November 2024 By: Reuters

The Competition Tribunal's decision to block a merger between Vodacom and a major fibre operator will likely derail a push by South African telecoms firms to use big M&A deals as a shortcut to... 


South African oil group seeks to amend new law to woo investors
4th November 2024 By: Bloomberg

Some oil explorers are “not satisfied” with South Africa’s long-awaited rules for the industry that were signed into law last month by President Cyril Ramaphosa, according to a lobby group. The... 


Image of Water and Sanitation Minister Pemmy Majodina
DWS, CoJ meet as city faces water challenges
4th November 2024 By: Natasha Odendaal

The Department of Water and Sanitation (DWS) and the City of Johannesburg (CoJ) held a meeting over the weekend to discuss interventions as the city battles various water challenges. Exceedingly... 


Sino Africa Gases co-founder Sibusiso Sibisi
Sino Africa Gases established in Newcastle
1st November 2024 By: Darren Parker

The new food-grade liquid CO2 manufacturing plant of Sino Africa Gases is now officially established. The plant, located in Newcastle, KwaZulu-Natal, was funded by the National Empowerment Fund... 


New solar rental solution launched in South Africa
1st November 2024 By: Tasneem Bulbulia

ReCharge Rental Solutions (RRS) has officially launched its energy rental solution, supported by international bank and wealth manager Investec, in South Africa. RRS rents and maintains bespoke... 


Former Sasol, RBPlat CFO Hanré Rossouw
Former Sasol, Royal Bafokeng Platinum CFO now leading Madagascar graphite advance
1st November 2024 By: Martin Creamer

As the new president and CEO of the Canada-listed NextSource Materials – which is chaired by former South African mining luminary and one-time Eskom finance director Sir Mick Davis – the ex-Sasol... 


Sephaku cement-loaded truck
Sephaku expects at least 69% increase in interim earnings
1st November 2024 By: Marleny Arnoldi

JSE-listed Sephaku Holdings expects to report an increase of between 69% and 85% in its basic earnings per share (EPS) to between 13.1c and 14.3c for the six months ended September 30. This... 


H2MOF chief technical officer Neel Sirosh
US startup developing technology to resolve hydrogen storage challenges
1st November 2024 By: Sabrina Jardim

One of the biggest challenges hindering the wider adoption of hydrogen is safe and efficient storage, which often involves compressing or liquefying and requires a significant amount of energy,... 


Transport industry, unions sign two-year wage agreement
Transport industry, unions sign two-year wage agreement
1st November 2024 By: Irma Venter

The National Bargaining Council for the Road Freight and Logistics Industry (NBCRFLI) has concluded a two-year wage agreement, and ensured the extension of the agreement by the Minister of... 


Image of Minister of Public Works and Infrastructure Dean Macpherson
EPWP open to abuse, must be reformed – Macpherson
1st November 2024 By: Irma Venter

The Expanded Public Works Programme (EPWP) has become open to abuse, says Minister of Public Works and Infrastructure Dean Macpherson, despite it also being an “important stop-gap opportunity to... 


ALPLArecycling South Africa MD Gerhard Meyringer; Department of Trade and Industry deputy director Nicholas Pule; Austrian Ambassador to South Africa Romana Königsbrun; ALPLA Group chairperson Günther Lehner; ALPLArecycling South Africa commercial director Bevlen Sudhu, ALPLArecycling Division MD Dietmar Marin
ALPLA opens €60m recycling plant in KZN
1st November 2024 By: Sabrina Jardim

Plastic packaging and recycling company ALPLA has opened a new 90 000 m2 recycling plant, following an investment of €60-million, in Balito, KwaZulu-Natal. From next year, the company says, the... 


Number of operational incidents on South Africa's railways increases
1st November 2024 By: Schalk Burger

The Railway Safety Regulator's (RSR's) 'State of Safety Report 2023/2024' showed that there was a 12.82% increase in operational incidents from the prior year owing to new risks and trends, with 2... 


Person holding a cellphone
dtic invites comments on draft regulations blocking unwanted direct marketing communication
1st November 2024 By: Schalk Burger

The Department of Trade, Industry and Competition (dtic) invites comments on the draft amended Regulations 4 of the Consumer Protection Act, which provides mechanisms to block unwanted direct... 


Employee at a factory in South Africa
Despite slight dip, Absa PMI in expansionary territory, indicating rebound in manufacturing
1st November 2024 By: Schalk Burger

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down to 52.6 points in October, following an upbeat closing of the third quarter at 53.3 points in September. Although this is a... 


Wind and solar
IPP Office to defend legal attempt by BW5 preferred bidders to prevent payout of bid bonds
1st November 2024 By: Terence Creamer

The Independent Power Producer (IPP) Office has confirmed that it will oppose a legal attempt by two renewables consortia to prevent the payout of preferred-bidder guarantees called after their... 


Durban sugar export terminal
Sugar association appoints Mhlaba CEO
1st November 2024 By: Marleny Arnoldi

Industry body the South Africa Sugar Association (SASA) has appointed Sifiso Mhlaba CEO, succeeding Trix Trikam who retired as head of the organisation on November 1. Trikam led the organisation... 


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Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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Victaulic

Since 1919, Victaulic’s innovative solutions and design services continue to increase construction productivity and reduce risk, ensuring projects...

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SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

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On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
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