Company achieves BEE compliance through merger

Civil engineering contractors Civcon has taken strides in achieving black economic-empowerment (BEE) status and in diversifying its capabilities, says Civcon MD Lex Henning.

The company achieved BEE status in 2009 by participating in a merger...

Daily podcast – July 30, 2009

In today's podcast: the head of the China Iron and Steel Association waves off suggestions that an iron ore price deal with foreign miners is imminent; and Metorex agrees to sell 15% of its shareholding in Vergenoeg Mining to a consortium of black...

Metorex sells stake in Vergenoeg to consortium of black investors

South Africa-based diversified miner Metorex has agreed to sell 15% of its shareholding in Vergenoeg Mining to a consortium of black economic empowered (BEE) entities. The company would sell the stake in the fluorspar producer to Medu Capital for...

Monitoring the method of efficiency tests for motors

There is limited value in comparing catalogue figures published from one motor manufacturer to another since one needs to understand the method of testing that declares efficiency values, says supplier of electric motors Zest Electric Motors...

Turning energy into solutions

From its small beginnings as an electric motor supplier, Zest has grown over the years, and is today a much larger organisation, made up of a number of companies and divisions all focused on turning energy into solutions.

Empowerment investors buy into drives firm

Black economic-empowerment (BEE) company Medu Capital has acquired a 26% shareholding in Zest Electric Motors & Drives, which is now one of the largest privately-owned empowerment companies in its industry.

Motor frame is world first in casting

Market giant Zest Electric Motors and Drives is certain that the features of the Weg HGF 630 motor will bring a range of competitive advantages to its users.