R/€ = 17.48 Change: -0.01
R/$ = 14.82 Change: -0.03
Au 1798.16 $/oz Change: -0.34
Pt 1050.50 $/oz Change: -8.00


China frictions steer electric automakers away from rare earth magnets

By: Reuters     19th July 2021 As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution - permanent magnets, sometimes smaller than a pack of cards, that power electric engines. Most are made of rare earth metals from... 

SA-born pneumatic tech wins global award

16th July 2021 The coveted global Unicorn Cup final, for the start-up business with the highest investment potential, was won on May 13 this year by South African pneumatic technology pioneer Magnevane. Magnevane South Africa executive and business owner Gareth Rees was part of the team that claimed victory... 

Women encouraged to enter engineering field

By: Natasha Odendaal     16th July 2021 As the celebrations of the eighth International Women in Engineering Day (INWED), themed Engineering Heroes, wraps up for another year, South African engineers are encouraging more women to enter the field. Launched for the first time on June 23, 2014, by UK-based Women’s Engineering Society... 

The Big 5 construct Egypt hailed a success gathering industry professionals to reconnect In 2021

13th July 2021 The Big 5 Construct Egypt has concluded today having successfully provided a safe platform for the construction community to reconnect, revitalize business activities, and rebuild partnerships. The third edition was opened by Dr. Assem El-Gazzar, Minister of Housing, Utilities and Urban... 

The right call – Bigen appoints Luthando Vutula as new CEO

By: Creamer Media Reporter      8th July 2021 Leading infrastructure development Group, Bigen, is pleased to announce the appointment of Luthando Vutula, previously the CEO of Ubank, as the incoming CEO set to succeed Dr Snowy Khoza on 1 October 2021.  Dr Khoza will be retiring from the Group in December of this year. Vutula hails from an... 

Sisulu asks engineers to contribute to SA’s development agenda

By: Donna Slater     2nd July 2021 In keynote address at a virtual seminar hosted by the National Society of Black Engineers (NSBE) earlier in June, Human Settlements, Water and Sanitation Minister Lindiwe Sisulu called on engineers to “patriotically contribute” to the development agenda of South Africa. She addressed members of... 

Johannesburg Geology Museum laments threats, frustrations   

By: Marleny Arnoldi     30th June 2021 The Geological Museum Association (GMA) has lamented the continued challenges, including theft, flood damage and lack of funding, experienced by the Johannesburg Geology Museum over the last decade. GMA Treasurer Bruce Cairncross says the association is actively seeking short- and long-term... 

Pipes, tubes demand strong in housing sector

By: Darren Parker     25th June 2021 Demand for piping and tubing from the housing sector has remained buoyant throughout the Covid-19 pandemic, says pipe and tube manufacturer Stewarts & Lloyds sales manager Clayton Greer. He explains that plumbing service providers “had plenty of ongoing work” repairing and maintaining existing... 

Sweet jobs harvest from small-scale grower development project

By: Tasneem Bulbulia     25th June 2021 Four years in, the R127-million Small-Scale Grower Cane Development project has recorded notable successes, with over 860 sustainable jobs created and 3 000 ha of cane developed on communal land owned by small-scale growers. Moreover, the project has engendered benefits for members of the... 

Gold Fields’ South Deep, trade unions ink three-year wage deal

By: Simone Liedtke     11th June 2021 Gold Fields’ South Deep mine and trade unions the National Union of Mineworkers (NUM) and Uasa, have concluded a three-year wage agreement for the period from March 1, 2021, to February 28, 2024. The parties believe the agreement is in the best interest of employees and the mine’s long-term... 

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