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TIME TO SCRAP THIS PRACTICE
Disposed cylinders create about 3 150 m3 scrap metal and can explode if not thoroughly evacuated
Renewed call to ban disposable cylinders
14th February 2020 By: Darren Parker

Despite various heating, ventilation, air-conditioning and refrigeration (HVAC-R) industry participants contesting the banning of disposable gas cylinders in South Africa for years, there is no... 


 SA business confidence declines in January
SA business confidence declines in January
6th February 2020 By: African News Agency

Confidence among South African businesses dipped in January, a survey showed on Thursday,  weighed down by uncertainty around the domestic and global economy. The South African Chamber of Commerce... 


CDE executive director Ann Bernstein
A new approach is needed to solve the unemployment crisis, says CDE
29th January 2020 By: Simone Liedtke

Development think tank, the Centre for Development and Enterprise, on Wednesday urged South Africa to consider “a new approach” to alleviate the country’s unemployment crisis, saying this should... 


Corruption Watch executive director David Lewis
South Africa improves in corruption index but still has serious problems – report
23rd January 2020 By: Sane Dhlamini

Despite its score advancing a notch in the Corruption Perceptions Index, from 43 to 44, South Africa still ranks among countries that are deemed to have a serious corruption problem. Corruption... 


SARB governor Lesetja Kganyago
Reserve Bank to cut repo rate
16th January 2020 By: News24Wire

The South African Reserve Bank's monetary policy committee has unanimously voted to reduce the repo rate from 6.5% to 6.25%. As a result of the cut the prime rate will fall to 9.75%.  The repo rate... 


South Africa ‘not out of the woods’ yet, despite weekly improvement in water levels
15th January 2020 By: Simone Liedtke

Persistent rains across South Africa have started increasing the country’s dam levels, which rose by 1% week-on-week, according to the most recent weekly report by the Department of Water and... 


Matric results must reflect national development agenda – Sacci
9th January 2020 By: Tasneem Bulbulia

The South African Chamber of Commerce and Industry (Sacci) on Thursday extended  congratulations to those school pupils who had successfully completed their matric year, but it questioned the... 


Business confidence remains lacklustre
Business confidence remains lacklustre
9th January 2020 By: Simone Liedtke

Although the Business Confidence Index (BCI) remained “virtually unchanged” at 93.1 index points in December, compared with 92.7 index points the month before, the South African Chamber of Commerce... 


Basic Education Minister Angie Motshekga
Motshekga says more female candidates eligible for higher education institutions
8th January 2020 By: Yvonne Silaule

Female matriculants have bagged 63.8% of distinctions from the 2019 matric class, with their male counterparts garnering 36.2% of distinctions.  As a result, Basic Education Minister Angie... 


WINDOW OF OPPORTUNITY
27 preferred bidders signed agreements last year and their respective renewable energy projects are well underway
Success of renewables programme continues
13th December 2019 By: Darren Parker

Over the past eight years, the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has attracted about R209.4-billion in committed private-sector investment, with the... 


 Load-shedding could slash SA's GDP growth to just 0.3% – Intellidex
Load-shedding could slash SA's GDP growth to just 0.3% – Intellidex
10th December 2019 By: News24Wire

At the start of 2019, the World Bank and other financial institutions predicted that South Africa's economy would grow at around 1.3% in 2019. This figure has been repeatedly downgraded, with the... 


Eskom chairperson Jabu Mabuza
Eskom projects another R20bn full-year loss
28th November 2019 By: News24Wire

Eskom chairperson Jabu Mabuza says the struggling power utility is projected to make a R20-billion full-year loss for the 2020 financial year.  The debt-laden parastatal reported a net loss after... 


WHAT A VIEW
In May, Sasol re-evaluated and set out the principal factors that had resulted in an increase in the Lake Charles Chemical Project capital cost guidance
Remediation announced following LCCP review
22nd November 2019

With the capital cost of the Lake Charles Chemicals Project (LCCP) in May forecasted as $12.9-billion, as opposed to the initial $12.6-billion forecast in February, Petrochemical producer Sasol’s... 


BRIGHT FUTURE
Improved trade to to the Southern African Development Community brings with it a positive outlook for the steel construction industry
Industry boasts third positive year despite global downturn
22nd November 2019 By: Halima Frost

Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist and commercial executive Dr Michael Ade says the local metals and engineering (M&E) industry has thus far had... 


SARB governor Lesetja Kganyago
SARB leaves interest rate unchanged, downgrades GDP growth projection
21st November 2019 By: News24Wire

The South African Reserve Bank's monetary policy committee has again left the repo rate unchanged at 6.5%. The prime rate will remain 10.25% The announcement was made by the central bank's governor... 


South African R&D spending up, but concerns remain
25th October 2019 By: Rebecca Campbell

South Africa’s gross expenditure on research and development (GERD) increased in 2017/2018 for the seventh year in succession, the 2017/18 National Research and Experimental Development Survey,... 


Scale of Denel’s problems revealed in annual report
18th October 2019 By: Rebecca Campbell

South African State-owned defence industrial group Denel recently released its annual report for the 2018/2019 financial year (FY). By just about every metric, the group’s position deteriorated... 


LEANA DE BEER
Online crowdfunding may be a twenty-first century concept, but it finds its roots in traditions that go back centuries
Crowdfunding on the rise in Africa
18th October 2019 By: Darren Parker

Amid the prediction that about $300-billion will have been raised globally through online crowdfunding mechanisms by 2025, crowdfunding in South Africa is gaining traction as an increasingly viable... 


World Bank cuts Sub-Saharan Africa's 2019, 2020 growth forecast
World Bank cuts Sub-Saharan Africa's 2019, 2020 growth forecast
9th October 2019 By: Reuters

The World Bank on Wednesday cut its economic growth forecast for sub-Saharan Africa for 2019 to 2021 by 0.2 percentage points from its earlier projection, citing a slowdown in fixed investment and... 


Some Denel products: An Umkhonto naval surface-to-air missile in the foreground with a Badger infantry fighting vehicle behind and, just visible in the left background, a Seeker 400 unmanned aerial vehicle
Annual report reveals scale of Denel’s problems
4th October 2019 By: Rebecca Campbell

South African State-owned defence industrial group Denel announced on the Stock Exchange News Service on Friday that it had released its annual report for the 2018/19 financial year (FY). By just... 


 SA lost 30 000 construction jobs over the past year
SA lost 30 000 construction jobs over the past year
26th September 2019 By: News24Wire

New numbers released by Statistics SA show a bloodbath in construction jobs over the past months, while the mining sector is steadily employing more people – for now. The Quarterly Employment... 


Saving water now will ensure that we are better prepared  – water dept
Saving water now will ensure that we are better prepared – water dept
12th September 2019 By: Thabi Shomolekae

The Department of Water and Sanitation has called on Gauteng residents to save water, after dam levels in the province declined slightly this week owing to warmer temperatures. The dam levels are... 


SA agriculture needs the right decisions, actions and plans to grow
30th August 2019 By: Rebecca Campbell

The future of the South African agricultural sector is dependent on the country and industry making the right policy and investment choices. So cautioned Bureau for Food and Agricultural Policy... 


PwC Africa private business leader Gert Allen
African private businesses investing in digital tech to drive growth
22nd August 2019 By: Schalk Burger

African private businesses are optimistic about their prospects for growth over the next year and are investing in digital systems to support that growth, advisory and professional services... 


Competing demands hobble SA enterprise cybersecurity
16th August 2019 By: Schalk Burger

South African enterprises, in line with global trends, are vulnerable to cyberattacks, struggle to protect themselves and find and retain cybersecurity skills amid changing information technology... 


Unemployment worse than the gloomy official numbers suggest – Solidarity
Unemployment worse than the gloomy official numbers suggest – Solidarity
1st August 2019 By: African News Agency

South Africa's official unemployment numbers as announced by the national statistics agency this week, although alarming, still paint a rosier picture than the reality many people experience,... 


South Africa's population increased to 58.78m – Stats SA
29th July 2019 By: African News Agency

South Africa’s mid-year population is estimated to have increased to 58.78-million in 2019, a report by the national statistics agency showed on Monday. Gauteng continued to record the largest... 


DR MICHAEL ADE
The M&E sector has been very resilient, registering a slight quarterly annual increase in its share of the country’s gross domestic product
Sector still affected by economic downturn
19th July 2019 By: Mamaili Mamaila

Owing to the global economic crisis which started in late 2008, a structural break occurred in the metals and engineering (M&E) sector, which had hitherto recorded the highest production figure of... 


Gauteng Premier David Makhura
Western Cape local level strategy works, says Gauteng premier Makhura
1st July 2019 By: African News Agency

Gauteng Premier David Makhura on Monday said he preferred the Democratic Alliance-led Western Cape municipalities' processes of enforcing good performance and will ensure a pro-active and hands-on... 


Concerns about not being employed trouble 39% of graduates – PPS Index
Concerns about not being employed trouble 39% of graduates – PPS Index
26th June 2019 By: Thabi Shomolekae

Financial services provider PPS has revealed that 39% of students are concerned that they may not be employed immediately after their tertiary education. PPS released its 2018 Student Confidence... 


SA adds 22 000 jobs in first quarter of 2019 – Stats SA
SA adds 22 000 jobs in first quarter of 2019 – Stats SA
25th June 2019 By: News24Wire

Employment in South Africa's non-agricultural formal sector grew by 22 000 in the first quarter of 2019, Stats SA announced on Tuesday in its latest Quarterly Employment Statistics bulletin. This... 


SA's shrinking economy credit negative for govt, banks – Moody's
SA's shrinking economy credit negative for govt, banks – Moody's
10th June 2019 By: News24Wire

Global rating agency Moody's says the contraction of South Africa's GDP in the first quarter is credit negative for SA's government and the country's banks.  Last week Stats SA announced the... 


Deterioration in headline PMI worrying, says Seifsa
Deterioration in headline PMI worrying, says Seifsa
3rd June 2019 By: Nadine James

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased most of last month’s gain and fell to 45.4 index points in May from 47.2 points in April, which – excluding the drop to 45... 


SARB governor Lesetja Kganyago
Reserve Bank again keeps repo rate unchanged at 6.75%
23rd May 2019 By: News24Wire

The South African Reserve Bank's monetary policy committee has again decided to keep the repo rate unchanged at 6.75%, a decision widely expected by analysts.  The central bank's governor Lesetja... 


 April consumer price inflation stays in target range
April consumer price inflation stays in target range
22nd May 2019 By: News24Wire

Annual headline consumer price inflation for April has moderated to 4.4% Stats SA announced on Wednesday morning, a figure in line with the expectations of economists.  This is within the target... 


Minor petrol, diesel price increase at month end – AA
Minor petrol, diesel price increase at month end – AA
15th May 2019 By: News24Wire

Fuel data for May 2019 "is showing a listless fuel price picture", reports the Automobile Association, quoting unaudited mid-month fuel price data released by the Central Energy Fund. The AA says:... 


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Sector News

Showroom

John Ratcliffe
John Ratcliffe

At John Ratcliffe, we are aftermarket specialists for heavy-duty on and off-road vehicles. We engineer and retrofit advanced safety systems, engine...

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Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

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