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Mining, Engineering, Industry, Factory production

Turkey’s Karpowership looks to plug South African power gap

4 Feb 2020 /  Wendell Roelf, Reuters   6
Government seeks up to 3,000MW of urgent relief.

CFA’s first exam is getting shorter, more frequent and electronic

4 Feb 2020 /  Bloomberg News  
From 2021 the Level 1 exam will be administered electronically four times a year.

World’s biggest carnivores are turning their backs on beef

3 Feb 2020 /  Patrick Gillespie and Jonathan Gilbert, Bloomberg   
Red-meat consumption in the country has fallen to the lowest in a century.

Car sales expected to remain subdued

3 Feb 2020 /  Adriaan Kruger   2
Buyers are spoilt for choice, but even lower interest rates aren't expected to help much in 2020.

Toyota injects R4.28bn into SA’s economy

31 Jan 2020 /  Roy Cokayne   13
Will create more than 1 500 jobs, including 500 at its Durban plant where workers are currently on strike.

Oil falls 2% on spread of China virus

30 Jan 2020 /  Julia Payne, Reuters   
Brent and US crude reach 3 month lows.

Concern that DBSA will divert infrastructure funds to SAA

30 Jan 2020 /  Roy Cokayne   17
Warnings of catastrophic consequences for the economy if decline in construction value is not arrested.

Moves afoot to rein in the ‘construction mafia’

29 Jan 2020 /  Roy Cokayne   22
Prevention of Organised Crime Act may be used to deal with armed gangs that invade sites.

SA’s wine industry is shifting gear

29 Jan 2020 /  Melitta Ngalonkulu   9
Less wine on the market has changed the game.

Construction sector braces for a stormy year

24 Jan 2020 /  Roy Cokayne   9
Slim order books need to fatten and non-payment by government must stop, or more companies will be forced to close their doors.

Logistics sector will drive entry of electric trucks

22 Jan 2020 /  Roy Cokayne   12
UD Trucks to embrace new technologies and artificial intelligence for the SA market.

Cement imports accelerate

21 Jan 2020 /  Roy Cokayne   9
As local producers scurry to finalise application for tariff protection.

It may be time to liberate auditors from the accounting profession

21 Jan 2020 /  Ciaran Ryan   21
New report says auditors need to go beyond scepticism and become suspicious of clients.

Grindrod to invest R175m in AutoPort in KwaZulu-Natal

20 Jan 2020 /  Roy Cokayne   4
In line with its strategy to develop and provide logistical solutions on various corridors.

Construction sector improvement depends on government action – Mace

20 Jan 2020 /  Roy Cokayne   6
Consultancy firm forecasts that GDP growth this year should support construction activity.

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