WEG News
Installing higher efficiency motors can help address energy crisis
Energy-intensive industries, such as mining, are increasingly seeking out ways to reduce energy consumption, and the use of the latest motor and drive technology can play a significant role....
Firm hails efficiency plan’s stance on electric motors
Plan to apply the Minimum Energy Performance Standards (MEPS) for low-voltage electric motors in South Africa have been hailed by solutions provider WEG Africa as an exciting step toward energy...
Founded in 1961, WEG has grown into a global solutions provider of industrial electrical technologies. WEG is one of the largest electric motor manufacturers in the world producing more than...
WEG Africa applauds energy standards that drive motor efficiency
In a country where most electric motors are not energy efficient, the announcement by South Africa’s government of its plans to introduce Minimum Energy Performance Standards (MEPS) is not a day...
Motors and drives key to energy solutions
The manufacturing and processing sectors, which include minerals processing plants, are energy-intensive industries, with electric motors and drives used across industries to operate pumps, mixers,...
WEG motors and drives are key players in South Africa's energy solution strategy
With the continued energy poverty being experienced in South Africa, motors and drives are set to play an ever more crucial role in industry’s energy solution strategy. The manufacturing and...
East African growth opens market for motors
The anticipated economic growth in East Africa from projects such as the East African Crude Oil Pipeline (EACOP), investment in power and water projects in the region, notably from Asian countries,...
Specialist gains traction in oil, gas sector
Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, from both upstream and midstream facilities as nations on the continent...
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South African food inflation continued to decelerate in October
South African food inflation declined for the third consecutive month, in October, the Bureau for Food and Agricultural Policy (BFAP) has highlighted in its latest “Food Inflation Brief”. (The BFAP...
Next six months critical for Takealot as it aims for full-year profit
E-commerce retailer and service provider Takealot increased its revenue by 23% year-on-year for the six months to September 30, and narrowed its loss before interest and taxes by 68% to...
Summit Africa raises R900m with second private equity fund
Impact investment management company Summit Africa has secured about R900-million in investment commitments toward its second private equity fund Summit Private Equity Fund II’s (SPEF II’s) target...
