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SA likely to adopt fleet approach to nuclear build, localisation

South African Trade and Industry Minister Dr Rob Davies has confirmed that the government will "most likely" have a "fleet approach" to its planned new nuclear build and localization programme. This programme should see the conduction of a number of nuclear power plants (NPPs) in the country over the next 20 or so years.

Authors: Dubai Engineering Jobs Admin

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SA moves to shore up African ‘gateway’ status amid concerns

Amid recurrent questions about whether South Africa will be able to sustain its position as a key ‘gateway’ to the rest of the continent – particularly in light of its relatively poor economic performance and a weakening attractiveness to investors, owing to rising costs structures and volatile industrial relations – government is moving to shore up the country’s position in this area. In line with the National Development Plan’s (NDP’s) recommendation that South Africa should pursue “deeper” regional integration, Finance Minister Pravin Gordhan used his 2013 Budget to unveil a number of measures to stimulate cross-border trade and investment.

Authors: Dubai Engineering Jobs Admin

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SA petrol price to rise by 7%

The retail price of petrol in South Africa will jump by nearly 7% a litre next Wednesday, while the wholesale diesel price will increase by 5%, the energy department said on Friday. South Africa is a net importer of oil and adjusts its fuel price each month to account for changes in the rand exchange rate, the international oil price and government levies.

Authors: Dubai Engineering Jobs Admin

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SA should vote on e-toll issue – law expert

A constitutional law expert has called on the government to hold a referendum on the e-tolls project, according to a report on Wednesday. By holding a referendum on the controversial issue, the government would demonstrate an interest in people's opinions on the matter, constitutional law expert Professor Marinus Wiechers told Beeld newspaper.

Authors: Dubai Engineering Jobs Admin

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SA to reach nuclear 'point of no return' by June

South Africa is likely to reach a “point of no return” with regard to a proposed new nuclear energy build programme by June this year, Department of Energy (DoE) director-general Nelisiwe Magubane revealed on Friday. She was speaking at the South African Nuclear Energy Corporation’s (Necsa’s) Pelindaba site, west of Pretoria, following a meeting with the International Atomic Energy Agency’s (IAEA’s) director-general Yukiya Amano, who is in South Africa as part of the agency’s infrastructure assessment mission.

Authors: Dubai Engineering Jobs Admin

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SABMiller CEO's successor to get less boost from deals

One of the biggest challenges facing the incoming chief executive of SABMiller will be continuing to grow the business as strongly in a world with fewer acquisitions to make, according to its outgoing chief executive. With the global beer industry undergoing a wave of consolidation over the last two decades, brewers can no longer count on much of a boost from mergers and acquisitions - deals that helped transition SABMiller from a regional South African brewer to the world's second-biggest, with over 200 brands ranging from Miller Lite to Peroni to Grolsch.

Authors: Dubai Engineering Jobs Admin

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Sacci finds ‘procedural missteps’ in BBBEE codes consultation

The South African Chamber of Commerce and Industry (Sacci) has identified various “procedural missteps” by the Department of Trade and Industry (DTI) in the stakeholder consultation phase for the revised broad-based black economic-empowerment (BBBEE) codes of good practice. Most notably were the absence of technical guidance notes and a baseline study estimating the impact of BBBEE legislation thus far, Sacci CEO Neren Rau said, adding that stakeholders’ comments were unfairly limited by the absence of these documents.

Authors: Dubai Engineering Jobs Admin

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Sacci to approach National Treasury with its PPP concerns

The South African Chamber of Commerce and Industry (Sacci) plans to make direct representations to the National Treasury on the role that public–private partnerships (PPPs) can play in the country’s large-scale infrastructure programme, as well as to seek greater certainty on government’s approach to the implementation of such projects. The South African government has announced plans to invest more than R860-billion on power, transport and water infrastructure, as well as housing, health and educational infrastructure, between 2012 and 2015. However, the economic infrastructure programme, in particular, is dominated by State-owned companies, such as Eskom and Transnet.

Authors: Dubai Engineering Jobs Admin

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Second Africa CDM centre to be established

The United Nations Framework Convention on Climate Change (UNFCCC) has established a second regional collaboration centre in Africa to assist under-represented regions to realise the benefits of the Kyoto Protocol’s clean development mechanism (CDM) projects. UNFCCC executive secretary Christiana Figueres and East African Development Bank (EADB) director-general Vivienne Yeda have signed a partnership agreement to set up a centre in Kampala, Uganda, to facilitate governments’, nongovernmental organisations’ and the private sector’s development of CDM projects in the region.

Authors: Dubai Engineering Jobs Admin

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Sephaku wraps up Métier acquisition

Sephaku Holdings (SepHold) on Thursday announced the completion of its acquisition of the entire issued share capital of Métier Mixed Concrete for R365-million. Métier Mixed Concrete will now become a subsidiary of SepHold. Métier Mixed Concrete is a supplier of ready-mixed concrete products, ranging from standard concrete to grouts, mortars, fibre-reinforced concrete and polished concrete, to coloured concrete. The company has a full-service technical division, provides a concrete-pumping service, and has the capacity to supply specialised concrete to the higher end of the market.

Authors: Dubai Engineering Jobs Admin

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