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Barloworld’s Russia, Southern Africa businesses feel the heat; Mongolia delivers some cheer
Barloworld’s Russia, Southern Africa businesses feel the heat; Mongolia delivers some cheer
25th March 2025 By: Irma Venter

In a five-month trading update published on Tuesday, JSE-listed Barloworld says the performance of the group’s Mongolia business managed to somewhat counteract the contraction of its Equipment... 


An image of Standard Bank Corporate and Investment Banking CEO Luvuyo Masinda
Standard Bank partners with Zeda on bond issuance
18th March 2025 By: Tasneem Bulbulia

Financial services provider Standard Bank has partnered with Zeda for its first bond issuance since listing on the JSE. Zeda, a Southern African integrated mobility solutions provider, was... 


CAT-branded equipment
Saudi’s Zahid to reopen talks with Barloworld’s shareholders
10th March 2025 By: Bloomberg

Saudi Arabia’s Zahid Group will start fresh negotiations with the shareholders of South Africa’s Barloworld, after an initial acquisition offer was rejected. The consortium led by Zahid will seek... 


Caterpillar reaffirms its preference for privately owned, local dealerships
Caterpillar reaffirms its preference for privately owned, local dealerships
4th March 2025

Caterpillar has taken note of the outcome of Barloworld's extraordinary general meeting held on February 26, 2025, triggering a Standby Offer from the Consortium. Caterpillar reaffirms its support... 


PIC confirms it voted against proposed Barloworld takeover bid, citing governance concerns
28th February 2025 By: Schalk Burger

State-owned asset management firm the Public Investment Corporation (PIC), which is a 21.97% shareholder in industrial equipment and services company Barloworld, has confirmed that it voted against... 


Caterpillar equipment
Saudi’s R23bn Barloworld offer gets Glass Lewis, ISS nod
12th February 2025 By: Bloomberg

Barloworld shareholders should accept a takeover offer for the Caterpillar-equipment distribution business in Africa because it’s a good deal, according to recommendations by two proxy advisory... 


Eskom is moving to introduce solar PV at its coal stations sites, including at the decommissioned Komati site (pictured)
Eskom appoints renewables executive as it targets initial 2 GW by 2026
17th January 2025 By: Terence Creamer

Eskom has appointed Exxaro’s Rivoningo Mnisi as its new group executive for renewables in line with the coal-dominant utility’s stated goal of becoming a “significant player” in the renewable... 


Caterpillar’s 100-year history on the African Continent
Caterpillar’s 100-year history on the African Continent
16th January 2025

Caterpillar, the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, has a connection to... 


Proposed acquisition by Saudi-Sewela entity should see Barloworld delist
Proposed acquisition by Saudi-Sewela entity should see Barloworld delist
11th December 2024 By: Irma Venter

A special purpose consortium – Newco – comprising a Saudi Arabian group and a company linked to current CEO Dominic Sewela, has announced its intent to acquire diversified industrial group... 


Citi says deals from Gulf into Africa are keeping bankers busy
5th December 2024 By: Bloomberg

Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup. They’re looking at countries such as Kenya... 


Barloworld group CEO Dominic Sewela
Barloworld optimistic of prospects for 2025, but cautions about impact of geopolitical risk
25th November 2024 By: Darren Parker

JSE-listed Barloworld reported a 7% year-on-year decline in revenue to R41.9-billion for the 12 months ended September 30. Barloworld group CEO Dominic Sewela said at its financial year-end results... 


Flags at Barloworld's Sandton premises
South Africa’s Barloworld in talks with Saudi Arabia’s Zahid Group
15th November 2024 By: Bloomberg

Barloworld is in talks with a group of investors that includes a unit of Saudi Arabia’s Zahid Group about the acquisition of the African distributor of Caterpillar Inc. equipment. The... 


Image of the Phalanndwa mine
Menar coal projects, South Africa – update
11th October 2024 By: Sheila Barradas

Menar's Phalanndwa coal mine has embarked on a robust mine rehabilitation project.  


Aerial view of Gugulethu mine
Menar coal and anthracite projects, South Africa – update
27th September 2024 By: Sheila Barradas

Phalanndwa extension has embarked on a robust mine rehabilitation project. 


Barloworld group CEO Dominic Sewela
Barloworld characterises 11-month performance as ‘resilient’ despite overall decline
26th September 2024 By: Darren Parker

Diversified industrial company Barloworld has reported a 7.4% decline in group revenue from R40.4-billion to R37.4-billion for the 11 months ended August 31, compared with the same period last... 


Image of a Caterpillar dump truck
Barloworld probes possible Russian export control violations
16th September 2024 By: Irma Venter

Barloworld says it has submitted a notification of “voluntary self-disclosure” to the US Department of Commerce’s Bureau of Industry and Security (BIS) on September 5 regarding “potential export... 


Barloworld Equipment's new dealership in Botswana
Barloworld opens new dealership in Botswana
5th September 2024 By: Darren Parker

Original-equipment manufacturer Barloworld Equipment Southern Africa has inaugurated a new dealership facility in Phakalane, Botswana. Barloworld Equipment has had a presence in Botswana since... 


Barloworld Equipment and CAT flags at the Katherine Street Barloworld Equipment Head Office
Embrace tech but retain focus
2nd August 2024

Given the wave of technology and process innovation currently sweeping the construction industry, it is important to stay focused on the goal of all innovation, says original-equipment manufacturer... 


Kumba appoints new independent nonexecutive director
3rd July 2024 By: Darren Parker

Diversified mining major Anglo American’s Kumba Iron Ore subsidiary has announced the appointment of Neo Violet Mokhesi as an independent nonexecutive director with effect from July 1. She will... 


MAJOR SERVICE The 50 000-hour component replacement project is intended to bring heavy-wear components back into a serviceable state that is in line with original equipment manufacturer specification
Electric shovels receive 50 000-hour service
28th June 2024 By: Halima Frost

A 50 000-hour component replacement project on one of the large 7495-series Caterpillar electric rope shovels owned and operated by diamond producer Debswana for its Jwaneng mine is going to plan,... 


Image of Menar coal operations
Menar coal and anthracite projects, South Africa – update
28th June 2024 By: Sheila Barradas

Two of the projects are now fully licensed. 


Barloworld profit dips as local mining industry slows
14th June 2024 By: Irma Venter

Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March... 


Image of Caterpillar machine
Barloworld profit dips as slowdown in local mining industry takes its toll
27th May 2024 By: Irma Venter

Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March... 


Barloworld expects slowdown in mining equipment sales as commodity cycle cools
8th December 2023 By: Irma Venter

Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are... 


Image of Barloworld emblems and flags
Barloworld expects slowdown in mining equipment sales as commodity cycle cools
20th November 2023 By: Irma Venter

Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are... 


The yellow Yale lift truck range lined up on a white background
SA distributor announced
18th August 2023

Materials handling solutions provider Barloworld BayWa (BHBW) has introduced Yale lift trucks to the South African market following its appointment by lift trucks and aftermarket parts manufacturer... 


Dan Ngakane
AMSOL appoints Dan Ngakane as new Chief Executive Officer
7th June 2023

African Marine Solutions Group (Pty) Ltd [AMSOL], a market leader in marine solutions in Africa, is pleased to announce the appointment of Dan Ngakane to the role of Chief Executive Officer,... 


Barloworld to list on A2X
31st May 2023 By: Creamer Media Reporter

Industrial processing, distribution, and services company Barloworld will list its shares for trade on A2X from June 7. With a market capitalisation (cap) of over R16-billion, Barloworld will... 


Zeda CEO Ramasela Ganda
Zeda cautiously optimistic of the months ahead as consumer environment remains tough
29th May 2023 By: Darren Parker

Despite delivering a year-on-year revenue increase of 20% to R4.45-billion, along with a group operating profit improvement of 25% to R803-million, mobility solutions group Zeda CEO Ramasela Ganda... 


Barloworld CEO Dominic Sewela
Barloworld expects construction sector to rebound in coming months
22nd May 2023 By: Darren Parker

Industrial processing, distribution and services company Barloworld expects the construction industry in Southern Africa will recover in the coming months as infrastructure and energy projects gain... 


Barloworld announces leadership changes
6th April 2023 By: Irma Venter

Barloworld has appointed Andronicca Masemola as CEO of Barloworld Equipment Southern Africa, with immediate effect. Masemola will take over from Emmy Leeka, who will step into the role of CEO... 


Aveng CEO Sean Flanagan
Aveng on track to settle its legacy debt by June
21st February 2023 By: Darren Parker

JSE-listed Aveng remains on track to settle the remaining R353-million of its South African legacy debt this year, CEO Sean Flanagan said on February 21. At its height in 2018, this debt amounted... 


Barloworld reports strong revenue growth
17th February 2023 By: Darren Parker

JSE-listed Barloworld has reported “pleasing results” in its core businesses in the industrial equipment and consumer industries verticals during the four months ended January 31. In a voluntary... 


Zeda lists on JSE following Barloworld unbundling
13th December 2022 By: Schalk Burger

Integrated mobility solutions provider Zeda listed its shares on the main board of the JSE on December 13 after Barloworld unbundled Zeda as part of its strategy to create a business-to-business... 


Vehicle availability, tourism seen improving in 2023
9th December 2022 By: Irma Venter

Zeda will invest in the renewal of its fleet next year, with the group expecting the supply of new vehicles to stabilise in 2023, says CEO Ramasela Ganda. Zeda is a mobility specialist that... 


Image of Zeda CEO Ramasela Ganda
New-vehicle availability, tourism expected to recover in 2023 – Zeda CEO
28th November 2022 By: Irma Venter

Zeda will invest in the renewal of its fleet next year, with the group expecting the supply of new vehicles to stabilise in 2023, says CEO Ramasela Ganda. Zeda is a mobility specialist that... 


Barloworld to separately list car rental subsidiary Zeda
21st November 2022 By: Marleny Arnoldi

Heavy-duty equipment multinational Barloworld says it will unbundle and separately list Zeda, the group’s integrated vehicle mobility solutions provider. Zeda trades under the Avis and Budget... 


Barloworld says Russia order book in sharp decline, Avis to exit group this year
14th October 2022 By: Irma Venter

Barloworld’s Caterpillar equipment trading business in Russia is starting to feel the heat from international sanctions imposed on the country on the back of its invasion of Ukraine. This is... 


Image of a Caterpillar ADT
Russia order book in sharp decline, Avis to exit business this year – Barloworld
29th September 2022 By: Irma Venter

Barloworld’s Caterpillar equipment trading business in Russia is starting to feel the heat from international sanctions imposed on the country on the back of its invasion of the Ukraine. This is... 


Barloworld plans gender-bond sale in first for South Africa
15th August 2022 By: Bloomberg

Barloworld, the South African car dealer and supplier of equipment to the mining industry, is marketing the nation’s first sale of debt linked to gender-diversity targets. The Johannesburg-based... 


Image of Audi South Africa national sales operations manager Mulalo Makungo 
Audi appoints Mulalo Makungo as national sales operations manager
15th June 2022 By: Irma Venter

Audi South Africa has appointed Mulalo Makungo as its new national sales operations manager. Makungo brings with her more than ten years’ experience in the automotive industry. 


Caterpillar machine
Barloworld to distribute Caterpillar in Zim independently
15th June 2022 By: Marleny Arnoldi

Earthmoving and energy supply organisation Barloworld Equipment UK has issued its subsidiary Barzem Enterprises with a notice to terminate the companies’ Caterpillar distribution agreement, from... 


Barloworld image
Minimizing downtime in mining operations with set to spec equipment
14th June 2022

Machine downtime has a major impact on profit and productivity in any mining operation. It is critical that mining companies have access to reliable heavy equipment and machinery 24/7 to achieve... 


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

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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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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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