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The National Union of Mineworkers (NUM) is worried about a “possible bloodbath of job losses” across multiple sectors, including steel, transportation, ferrochrome and mining, on the back of...
That the South African National Defence Force (SANDF) is badly underfunded, and is in a state that could reasonably be described as verging on crisis, is almost universally accepted among all those...
Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting beneficiated manganese to the world. “It’s an exciting...
The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25...
The inaugural board of directors of the National Transmission Company of South Africa (NTCSA), which was announced by the Eskom board on Tuesday, will be chaired by Priscillah Mabelane, who is also...
A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt...
This week we profile Andile Africa, CEO of the Automotive Industry Development Centre, which was established to develop and transform the automotive industry in South Africa into a globally...
The South African National Space Agency’s (SANSA’s) recently appointed and third confirmed (as distinct from acting) CEO, Humbulani Mudau, is determined to use the solid “launch pad” created under...
This week we profile Themba Baloyi, MD of Voith Turbo South Africa, which is engaged in the marketing, assembly, service and sales support of engineering products in mining and metals, paper, rail,...
One of the ironies about South Africa’s use of competitive bidding for just about all public procurement, from the purchase of office stationery to diesel locomotives, is that it hardly ever...
This week we profile Etienne de Villiers, the divisional technical executive at John Thompson, which designs, manufactures, builds and maintens industrial and utility boiler plant, and also...
President Cyril Ramaphosa unveiled a new investment target of R2-trillion for the five-year period to 2028 at the fifth edition of the South African Investment Conference on Thursday, where he also...
The messages around the future governance of South Africa’s large and seriously underperforming State-owned Enterprises (SOEs) are incredibly mixed. On the one extreme is the message that these...
As State-owned entities (SOEs) continue to rely on government bailouts and dominate the guarantee portfolio of the fiscus, Finance Minister Enoch Godongwana has announced conditional in-year...
This week we profile Sereme Maphaka, CEO of Methano Group, an engineering, procurement, construction and management company that is active in the mining, water, renewable energy, and industry sectors
Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget....
A Proudly South African green hydrogen mobile solution, which is scheduled to be launched at the African Aerospace and Defence Exhibition (AAD) next month, ticks all the local boxes by making use...
State-owned defence company Denel has announced it will institutionalise and implement a new turnaround plan to effect a self-sustaining business. The plan is particularly focused on streamlining...
To the outside observer, the recent debate on the importance of the private sector in creating employment must have come across as almost surreal given South Africa’s economic predicament and the...
A year can feel extremely long when events run away from you, but awfully short if one is trying to implement a turnaround. 2021 is a case in point.
President Cyril Ramaphosa has described a recently gazetted amendment to Schedule 2 of the Electricity Regulation Act, opening the way for sub-100 MW grid-tied embedded generators to supply one or...
In her address to the National Assembly on Tuesday, introducing the debate for her 2021 budget vote, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula warned the assembled...
Damen Shipyards Cape Town (DSCT), a subsidiary of the Netherlands-based Damen International Shipyards Group, recently launched the first (of three) Multimission Inshore Patrol Vessels (MMIPVs) for...
Almost unnoticed by most people on Earth, space technology and infrastructure has become essential for, and ubiquitous in, everyday life. It has become a major facilitator for national economic...
During the 2019/2020 financial year, exports accounted for 42% of State-owned defence industrial group Denel’s business, with Asia being the single biggest export market, taking 24%. Perhaps...
South African State-owned defence industrial group Denel released its 2019/20 annual report on February 1. The period covered by the report did not include the very difficult months for the group...
The Solidarity trade union has blasted the South African government and the management of State-owned defence industrial group Denel over their mishandling of the affairs of the company, causing it...
In a briefing to Parliament’s Portfolio Committee on Defence and Military Veterans, the Department of Defence (DoD) has warned that the South African National Defence Force (SANDF) is in dire need...
Parliament’s Joint Standing Committee on Defence has called for a written report on two incidents regarding Lockheed Martin C-130BZ Hercules transport aircraft of the South African Air Force...
There was much excitement at the start of 2018 about the prospect of a growth tailwind, following Cyril Ramaphosa’s election as African National Congress (ANC) president, and later Head of State....
Germany’s unified armed forces and civil administration and procurement authority The Bundeswehr, has joined with defence contractor Rheinmetall to carry out new measures for extending the service...
South Africa’s State-owned defence industrial group has Denel welcomed the recent decision by Fitch Ratings to affirm its long- and short-term ratings for the group, and to upgrade its outlook....
The South African Government has set growth targets it hopes that the local defence industry will achieve over the next few years, reported Secretary of Defence and Military Veterans Dr Sam Gulube....
Denel Chief Financial Officer Carmen Le Grange has indicated the businesses that the State-owned defence group was exiting or was planning to exit, as part of its turnaround strategy. She did so in...
The South African aerospace industry embraces the public and private sectors. It includes manufacturers; maintenance, repair and overhaul (MRO) service providers; and research and development (R&D)...
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...
Prominent members of the Aeronautical Society of South Africa (AeSSA) have called for the capabilities and capacities of the South African Civil Aviation Authority (SACAA) to be strengthened, so...
South Africa’s State-owned defence industrial group Denel recently delivered the 100th turret it has produced under an export contract from Malaysia. The turrets are being fitted to the Malaysian...
In a written Parliamentary answer, Public Enterprises Minister Pravin Gordhan stated late last month that State-owned defence industrial group “Denel is constantly exploring economically viable new...
State-owned defence industrial group Denel has given the assurance that it would soon start legal actions to recover losses from fraud and misappropriation. These would be the result of several...
There was little sign of the promised ‘reform agenda’ in the recent Budget Vote speeches delivered by South Africa’s newly appointed Cabinet Ministers. In far too many instances, the speeches...
Global diversified miner Anglo American has appointed nonexecutive director Nolitha Fakude as chairperson of Anglo American South Africa’s board, effective September 1. She succeeds Norman...
Finance Minister Tito Mboweni has allocated an additional R26-billion to debt-ridden Eskom for 2019/20 and R33-billion for 2020/21 in a bid to help the utility meet its financial obligations....
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