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TUHF announces expansion strategy for affordable housing in South, Southern Africa
15th January 2024 By: Schalk Burger

Commercial property financing company TUHF has announced an ambitious expansion strategy aimed at addressing the evolving demands for affordable housing across South Africa, as it marks its 20-year... 


Image of Yellow Machine Rental staff with Wacker Neuson equipment i
Construction machinery dealership for Mauritius
12th January 2024

Yellow Metal Machine Rental has recently been appointed as an official Wacker Neuson dealer in Mauritius. The company’s machine rental business was originally opened in Mauritius by MD Dave Alcock... 


Image from th e2023 Netball World Cup
Cape Town reports nearly R4bn boost from 2023 events
11th January 2024 By: Irma Venter

The City of Cape Town has reported an almost R4-billion boost from the raft of events hosted in the Western Cape capital last year. This includes Africa’s first Netball World Cup, the ICC Women's... 


Critical Metals improves logistics infrastructure for 2024 ramp up
20th December 2023 By: Donna Slater

Southern Africa- and Americas-focused developer and miner Critical Metals is progressing with the development of its Molulu copper-cobalt project, in the Democratic Republic of Congo (DRC), being... 


How Standard Bank is supporting a just energy transition for South Africa and the continent
How Standard Bank is supporting a just energy transition for South Africa and the continent
18th December 2023

It has often been said that Africa is a continent that is filled with untapped opportunities, and while we believe in our continent’s potential, we recognise that there are various challenges that... 


An aerial shot of the temporary water treatment plant
Company supplies temporary treatment plant
15th December 2023 By: Sabrina Jardim

Water purification and preservation company Watericon was awarded a 12-month tender to establish a temporary water treatment plant for two of State-owned power utility Eskom’s demineralising plants... 


Image of EED cofounder Iviwe Mosana
Eagle Eye Defence aims to roll out an in-vehicle biometric security system next year
13th December 2023 By: Irma Venter

South African startup Eagle Eye Defence has developed an in-vehicle security system that uses fingerprint verification to start the power train. Cofounder Iviwe Mosana describes Eagle Eye Defence... 


MTN, Huawei launch solar, battery solution for SMEs
8th December 2023 By: Natasha Odendaal

As demand for reliable backup power solutions rises amid persistent loadshedding, MTN Business, in collaboration with Huawei and Verteco, has launched the Power-M inverter and battery solar... 


Electric forklifts keeping pace with e-commerce warehousing demands
Electric forklifts keeping pace with e-commerce warehousing demands
7th December 2023

Online shopping – or e-commerce – has taken the retail industry by storm, with some sources predicting that by 2040, almost 95% of all shopping will be at least in part facilitated by e-commerce.... 


John Thompson post
John Thompson secures additional order for Rand-Air containerised boilers
7th December 2023

On the back of the successful delivery of two 3 t/h TR300 containerised boiler models this year, industrial rental solutions provider Rand-Air ordered two additional containerised boilers from... 


Image of A 20ft container housing two QAC generators
Two generators housed in one container
1st December 2023

Atlas Copco Power Technique’s QAC1100 TwinPower solution consists of two fully loaded generators housed inside a custom 20-foot container and is designed to provide a reliable and flexible prime... 


Magazine cover image
PRASA sets sights on big recovery in passenger trips by 2030
1st December 2023 By: Irma Venter

Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA... 


Magazine cover image
PRASA sets sights on big recovery in passenger trips by 2030
1st December 2023 By: Irma Venter

Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA... 


Fairvest CEO Darren Wilder
Fairvest posts income growth, lower vacancies
29th November 2023 By: Marleny Arnoldi

JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company... 


An image of Vukile Property Fund CEO Laurence Rapp
Vukile increases full-year guidance on the back of strong interim performance
29th November 2023 By: Tasneem Bulbulia

JSE-listed Vukile Property Fund achieved a 10% increase in its cash dividend to 52.1c a share and a 5.2% growth in its funds from operations (FFO) to 85c apiece for the six months ended September... 


Attacq CEO Jackie van Niekerk
Attacq on track to deliver 2024 year-end dividend growth guidance
28th November 2023 By: Darren Parker

Real estate investment trust Attacq is on track to deliver its 2024 financial year guidance for dividend a share growth of between 8% and 10%, CEO Jackie van Niekerk told investors at the company’s... 


Delta reports lower interim rental income, but also lower expenses
28th November 2023 By: Marleny Arnoldi

Real estate investment trust (Reit) Delta Property Fund has reported lower rental income of R573-million in the six months ended August 31, largely owing to a decline in contractual rental income... 


Zeda Group CEO Ramasela Ganda
Zeda reports higher revenue, Ebitda
27th November 2023 By: Schalk Burger

JSE-listed vehicle rental and leasing company Zeda, in its maiden results as a listed company, reported a 12.4% year-on-year increase in revenue to R9.14-billion for the financial year ended... 


IPR image
IPR
24th November 2023 By: Yolande Botes

IPR, previously known as Integrated Pump Rental, is recognised across the SADC region as the pump, heavy-duty slurry handling and dredging specialist, operating across all sectors including... 


Shumani opens Cape Town office to service the Western Cape region
23rd November 2023

Shumani Industrial Equipment, the largest black-owned and managed industrial supplier of its kind in South Africa, officially launched its Cape Town regional office on 17 July, under the management... 


Reunert delivers double-digit growth
22nd November 2023 By: Natasha Odendaal

JSE-listed Reunert’s financial results for the year ended September 30, 2023, shows double-digit increases in earnings on the back of strong growth from its electrical engineering and applied... 


Submersible pumps have long been a staple in the world of fluid handling and pumping
Why Submersible pumps rise above the rest in fluid handling
21st November 2023

Submersible pumps have long been a staple in the world of fluid handling and pumping, with their presence becoming more pronounced, especially in particular applications like sump pumping,... 


Armoured vehicles outside
After three years in production, the Milcat roars on
19th November 2023 By: Tracy Hancock

Gauteng-based light armoured vehicle manufacturer Armoured Vehicle Solutions (AVS) has been manufacturing the Milcat for the past three years at its manufacturing facility in Pretoria East. AVS... 


Emira’s interim distributable earnings dip by 18% on one-off events
16th November 2023 By: Marleny Arnoldi

JSE-listed Emira Property Fund has posted an 18% year-on-year decrease in distributable earnings of R310-million for the six months ended September 30, mainly owing to disposals and lower income... 


Dipula Income Fund CEO Izak Peterson
Dipula grows revenue, NAV and portfolio value, but distributable earnings decrease
15th November 2023 By: Schalk Burger

JSE-listed real estate investment trust Dipula Income Fund increased its revenue by 3% year-on-year to R1.4-billion and its net asset value (NAV) by 2.1% year-on-year to R6.1-billion for the... 


New-vehicle sales down 1.8% y/y in the third quarter, but NEV sales rise
15th November 2023 By: Marleny Arnoldi

New-vehicle sales declined by 1.8% year-on-year in the third quarter of this year, but increased by 6.3% quarter-on-quarter. Notably, new energy vehicle (NEV) sales by 17 industry brands increased... 


Armoured vehicles image
Armoured Vehicle Solutions: locally manufactured armoured vehicles
10th November 2023

South African manufacturer Armoured Vehicle Solutions (AVS) has introduced a range of light armoured vehicles (LAVs) that are unique in its category. The Milcat LAV offers supreme reliability,... 


 Redefine Properties CEO Andrew König
Redefine lifts revenue, dividend, but interest rates raise funding costs
6th November 2023 By: Schalk Burger

JSE-listed real estate investment trust Redefine Properties increased revenue by 20.2% to R9.9-billion for the year ended August 31, and declared total dividends for the year of 43.8c a share, up... 


Associations laud De Lille’s constructive engagement approach in tourism industry
6th November 2023 By: Marleny Arnoldi

As the global tourism community converges at the World Travel Market in London this week, South African tourism associations have expressed their full support for Tourism Minister Patricia de... 


Octodec lifts revenue, dividend, but costs also rise
2nd November 2023 By: Schalk Burger

JSE-listed residential- and retail-focused real estate investment trust Octodec has increased revenue by 3.3% to R1.99-billion for the financial year ended August 31. It also increased its... 


Konecranes’ technology cuts fuel consumption and emissions by 25%
2nd November 2023

Frequent downtime, high fuel consumption and excessive emissions are the bane of equipment operators in the material handling market. The total time interval between when a machine goes down to... 


Image of a Hino 700 truck
New-vehicle sales continue to drop, truck sales jump as rail system falters
1st November 2023 By: Irma Venter

Total new-vehicle sales in October dropped by 2%, to 45 445 units, compared with the same month last year, reports naamsa | The Automotive Business Council. This was the third consecutive month of... 


Image of a Godwin self-priming pump
Self-priming pumps for demanding dewatering jobs
27th October 2023

A range of modular, mobile self-priming pumps is designed for industrial-level dewatering and liquid bypass applications in the mining, construction, industrial, municipal, marine and  emergency... 


An aerial view of the new Chieftan 2200 mobile incline screen in action at the Jongiliziwe sand mine, in Sasolburg
Larger incline screen delivered for growing sand mine
27th October 2023 By: Halima Frost

A new Chieftain 2200 mobile inclined screen was delivered in August by mining equipment supplier ELB Equipment to the Jongiliziwe sand mine, in Sasolburg, in the Free State. Manufactured by mobile... 


ECDC ‘open for business’ to co-develop properties in the Eastern Cape
23rd October 2023 By: Marleny Arnoldi

The Eastern Cape Development Corporation (ECDC) has announced plans to raise R900-million in private investment and R468-million in public funding by the end of the 2027/28 financial year to... 


Calgro M3 CEO Wikus Lategan
Calgro M3 in good position to realise growth when interest rates turn
16th October 2023 By: Schalk Burger

JSE-listed residential property development and investment company Calgro M3 grew its revenue by 13.5% to R688.9-million, increased cash by 11.2% to R191.9-million, maintained net debt to equity at... 


Relentless focus on customer service drives expeditious growth for Integrated Air Solutions’ Rental Division
Relentless focus on customer service drives expeditious growth for Integrated Air Solutions’ Rental Division
13th October 2023

The Rental Division of Integrated Air Solutions, which was only established just over a year ago, is seeing exceptional growth, with many sizable long-term contracts that call for large capacity... 


R575m Goodwood social housing project gears up for its first tenants
13th October 2023 By: Irma Venter

Tenanting is set to begin in November on the 330-unit first phase of the Goodwood social housing megaproject, which will, once completed, provide affordable rental opportunities for more than 1 000... 


An image of Equites Witfontein development
Equites on track to meet full-year DPS guidance, progressing portfolio optimisation
10th October 2023 By: Tasneem Bulbulia

Specialist logistics real estate investment trust Equites Property Fund achieved distributions a share of 65.37c for the half year to August 31, in line with market guidance, and is on track to... 


MRC resumes Skaland operations
10th October 2023 By: Esmarie Iannucci

ASX-listed Mineral Commodities (MRC) has resumed operations at its Skaland graphite mine, in Norway, following a mechanical failure of the primary ore production drill rig in September this year.... 


Image of the FAW plant in the Eastern Cape
New-vehicle sales drop by 4.1% in September, exports down 12.6%
2nd October 2023 By: Irma Venter

Total new-vehicle sales in September dropped by 4.1%, to 46 021 units, compared with the same month last year, reports naamsa | The Automotive Business Council. The new-passenger-car market reached... 


Image o f Baoli and Ausa forklifts available for rent from Smith Power Equipment
Rental solution for materials handling equipment
30th September 2023

Smith Power Equipment has long been a supplier of industrial and outdoor equipment such as tractors, and turf maintenance and mobility solutions and has recently included the supply of materials... 


Battery-powered forklift market poised for growth
Battery-powered forklift market poised for growth
29th September 2023

Over the past few years, Toyota Material Handling, a division of CFAO Equipment SA that sells forklifts and related solutions, has seen a steady increase in demand for battery-operated equipment.... 


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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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M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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