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HIMOINSA Southern Africa provides 8 MW rental solution for LNG, helium plant in South Africa’s Free State
24th November 2022

In order to commission the process plant and supporting utilities, emerging natural gas and helium producer Renergen’s Virginia gas project, in South Africa’s Free State province, requires an... 


PTM settles debt, narrows full-year net loss
24th November 2022 By: Donna Slater

TSX- and NYSE-listed Platinum Group Metals (PTM) continued its efforts to lower costs, but nonetheless incurred a net loss of $8.24-million for the financial year ended August 31 – a 37%... 


Indluplace increases occupancy and dividend, but revenue declines
23rd November 2022 By: Schalk Burger

JSE-listed rental real estate investment trust Indluplace has reduced its residential vacancy rate to 8.5% and achieved an average vacancy rate of 10.7% for its portfolio for the financial year... 


IPR image
IPR
22nd November 2022

Established seven years ago, IPR (previously known as Integrated Pump Rental), is growing rapidly with a rental fleet that tripled since 2021. The company is the sole agent in southern Africa for... 


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... 


New-vehicle sales, exports accelerated in October
18th November 2022 By: Irma Venter

Domestic new-vehicle sales in October increased by 11.4%, to 45 966 units, compared with the same month last year. The new-passenger-car market reached 30 597 units in October – a 10.4% jump on the... 


An image of Afrimat’s Demaneng mine
Insufficient capacity impedes sustainability
18th November 2022 By: Leah Shelene Asaram

The future of iron-ore as a commodity remains good, as demand should stay relatively stable, but for junior and midtier miners the future appears limited, owing to the lack of logistics capacity to... 


Inospace acquires two last-mile logistics assets in Cape Town 
4th November 2022

South Africa's leading owner and operator of serviced logistics parks, Inospace, has acquired two last-mile logistics properties at Cape Town International Airport for a total cost of R35m from a... 


Image of Isuzu sign
SAVRALA votes Isuzu best manufacturer
3rd November 2022 By: Irma Venter

Isuzu has walked away with top honours in the Southern African Vehicle Rental and Leasing Association’s (SAVRALA’s) Manufacturer Of The Year (MOTY) awards. Now in its twenty-seventh year, the MOTY... 


Sanlam Investments tops leader ratings for impact investing
2nd November 2022

Strong momentum for asset manager’s sustainable investment ambitions  Sanlam Investments was ranked one of the leading investment managers across five impact investment categories in the African... 


Octodec swings to a profit, reports reduced vacancies
1st November 2022 By: Darren Parker

JSE-listed real estate investment trust (Reit) Octodec Investments has reported a material reduction in vacancies in the residential and industrial sectors for the financial year ended August 31,... 


Image of cars at a port
October new-vehicle sales up 11.4%; exports jump by 16.1%
1st November 2022 By: Irma Venter

Domestic new-vehicle sales in October increased by 11.4%, to 45 966 units, compared with the same month last year. The new-passenger-car market reached 30 597 units in October – a 10.4% jump on the... 


Inospace launches solution to add value for logistics, industrial tenants
1st November 2022 By: Schalk Burger

Serviced logistics parks company Inospace has launched its Inocircle online platform, which aims to resolve business pain points and add material value to small and medium-sized enterprises (SMEs),... 


Grit reports strong rental collections, reduced LTV in financial results
31st October 2022 By: Schalk Burger

London-listed Grit Real Estate has reported a 3.5% year-on-year increase in net operating income from properties for the financial year ended June 30. Further, 92.8% of the value of its contracted... 


Struggling To Cover Your Monthly Bond Repayments and Tempted to Sell? Here Are Your Options
28th October 2022

Interest rates may have been muted for the majority of 2021, but 2022 has given rise to some of the biggest hikes of recent years. “The current interest rate of 9.75% is expected to increase by a... 


An image depicitng the Godwin CD150S Dri-Prime pump
Solutions provider takes on mining projects
28th October 2022 By: Sabrina Jardim

Global water technology company Xylem Water Solutions has taken up various openpit dewatering projects and continuously engages in projects for openpit mines. These include application discovery,... 


V&A Waterfront, in Cape Town, now almost back to its normal trading pattern
27th October 2022 By: Rebecca Campbell

Cape Town’s V&A Waterfront (V&A) had now largely recovered from the effects of the Covid-19 pandemic, CEO David Green told journalists, at a media briefing on Wednesday. “We had a very tough couple... 


Pic of Famous Brands CEO Darren Hele
Famous Brands attributes improved half-year performance to higher revenue, lower debt
26th October 2022 By: Simone Liedtke

Food services franchisor Famous Brands reported an improved financial performance in the six months ending August 31, with headline earnings a share having increased by 121% year-on-year to R2.15.... 


Werner Pumps adds second rental unit to meet market demand
21st October 2022

Werner Pumps has added a second Impi Unit to its rental line-up. With two of these hard-working combination jetting and vacuum trucks available for hire – operator included – the leading... 


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Efficient and Reliable Plotter Rentals
19th October 2022

Digital printing equipment supplier Midcomp Azero offers a value proposition to clients to future-proof their business if it requires A1 to A0+ printing and scanning as part of its workflow. 


Consumers
Inflation cools slightly to 7.5%
19th October 2022 By: News24Wire

Annual consumer price inflation cooled to 7.5% in September from 7.6% in August, which was slightly better than economists expected. Still, it’s clear that South Africans continue to suffer from... 


CMH weathers headwinds, delivers solid interim performance
18th October 2022 By: Tasneem Bulbulia

JSE-listed Combined Motor Holdings’ (CMH’s) basic and headline earnings per share (HEPS) were up 51% to 302c for the six months ended August 31, compared with the 200c posted for the six months... 


Tombola readies for first production
18th October 2022 By: Esmarie Iannucci

Junior Tombola Gold is expected to produce its first gold from the Golden Mile operations by late November. The company on Tuesday told shareholders that mining at the Comstock and Shamrock pits... 


Glencore partners with SAFA to develop young soccer players and coaches in local communities
18th October 2022

Today, Glencore Coal announced its new partnership with the Community Football (Commfoot) Programme, the SAFA Nkangala Region and the eMalahleni Local Football Association (LFA), to help support... 


An image depicting a man wearing a cap and sunglasses, Sebastian Werner
Pump rental unit proves successful
14th October 2022 By: Sabrina Jardim

Local pumps manufacturer Werner Pumps completed a project in September for a mine using its Impi Combination Unit, which is mounted on a Toyota Hino 500 2836 6 x 4 Chassis. The project was... 


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... 


Cover Image
Harbour Arch’s live-work-play concept includes refreshing affordable component
14th October 2022 By: Irma Venter

The first phase of the Melrose Arch mixed-use development opened in Johannesburg in 2001, more than 20 years ago. Since then, the concept of a city-within-a-city has gained traction, with the idea... 


September vehicle sales 10.8% higher year-on-year
14th October 2022 By: Irma Venter

Total domestic new-vehicle sales in September, at 47 786 units, were 10.8% higher than in the same month last year, while year-to-date sales, at 391 396 units, were 13.4% up on the figure for the... 


Cover Image
Harbour Arch’s live-work-play concept includes refreshing affordable component
14th October 2022 By: Irma Venter

The first phase of the Melrose Arch mixed-use development opened in Johannesburg in 2001, more than 20 years ago. Since then, the concept of a city-within-a-city has gained traction, with the idea... 


Coega opens Customs Control Area warehouse for short-term rental
13th October 2022 By: Schalk Burger

Industrial development zone company the Coega Development Corporation (CDC) has announced that its Customs Control Area (CCA) Warehouse is open for short-term rental. The Trade Facilitation Unit... 


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Four decades of experience make HIMOINSA the best solution for the mining industry
13th October 2022 By: Shannon de Ryhove

Generator manufacturer HIMOINSA, a Spain-based company in partnership with the Yanmar Global Group, believes that it is experience from 40 years in the industry that makes it the best solution for... 


Equites’ strong interim performance underpinned by logistics portfolio
5th October 2022 By: Tasneem Bulbulia

JSE-listed Equites Property Fund achieved a 4.1% year-on-year increase in its interim distribution a share to 81.58c for the period to August 31, while its net asset value (NAV) per share was also... 


township
R300m SMME Crisis Partnership Fund to assist township businesses
5th October 2022 By: Darren Parker

To support small-, medium-sized and microenterprises (SMMEs) in Gauteng’s townships, the Gauteng Provincial Government (GPG), the Industrial Development Corporation (IDC) and the South African SME... 


Image of Mercedes-Benz worker in the East London plant
Encouraging September sales numbers achieved under ‘tough trading conditions’ – NADA
4th October 2022 By: Irma Venter

Total domestic new-vehicle sales in September, at 47 786 units, were 10.8% higher than in the same month last year, while year-to-date sales, at 391 396 units, were 13.4% up on the figure for the... 


Company aims to expand product range
30th September 2022 By: Cameron Mackay

Local industrial equipment supplier Shumani Industrial Equipment is expanding its product offering to compete in the South African mining sector. While the company’s exposure to the mining market... 


Supplier’s equipment improves materials handling efficiencies
30th September 2022

Materials handling equipment supplier BLT WORLD’s MDS static and mobile trommels and apron feeders – which are able to screen rocks as large as 1.5 m –  have been designed for compatibility with... 


FFS expanding storage, handling capacity for bulk bitumen imports
29th September 2022 By: Schalk Burger

Hydrocarbon solutions company FFS Refiners is investing R350-million into the expansion of the existing storage and handling facility of FFS Tank Terminals that will enable the bulk import of... 


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... 


Alleyroads apartments project, South Africa
Alleyroads apartments project, South Africa
23rd September 2022 By: Sheila Barradas

The project involves the construction of more than 1 000 rental apartment units in Johannesburg. 


Company rebrands as it evolves
16th September 2022 By: Natasha Odendaal

As pump dewatering and dredging specialist IPR evolves, it has embarked on a rebranding that is more representative of how the market sees the organisation and to reflect the company’s vision going... 


CTIA
ACSA narrows its losses, but traffic volumes still below prepandemic levels
15th September 2022 By: Darren Parker

State-owned Airports Company South Africa (ACSA) reported a loss of R1-billion for the 2021/22 financial year, which is an improvement on the R2.6-billion loss reported in the previous financial... 


IAS expects 2022 to exceed 2021 business levels
IAS expects 2022 to exceed 2021 business levels
13th September 2022 By: Simone Liedtke

With 2022 set to exceed business levels of 2021, compressed air solutions provider Integrated Air Solutions (IAS) says that tailwinds from the strong mining cycle and related projects have... 


An image of Attacq CEO Jackie van Niekerk and CFO Raj Nana
Attacq resumes dividend payouts, as its ‘hubs’ strategy pays off
13th September 2022 By: Donna Slater

JSE-listed real estate investment trust Attacq achieved a 34.2% year-on-year increase in distributable income to 62.8c for the financial year ended June 30 and has resumed dividend payouts at 50c a... 


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