South Africa Pins Infrastructure Hope on Green-Bond Appetite

  South Africa plans to tap global appetite for green bonds to help fund an infrastructure programme worth as much as R2.3 trillion over the next decade. Winning over the private sector and streamlining the project-approval process will be key to the drive, launched by President Cyril Ramaphosa in June to revive an economy that was already in recession before the coronavirus struck and is expected to contract by the most in nine decades this year. In July, 62 priority projects were announced in the first stage of the programme. “There…

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Stripped bare: Looting till there is nothing left of Gauteng’s rail network

  Many train commuters have no choice but to travel on more expensive modes of transport after extensive vandalism and pillaging of the rail infrastructure, especially during the Covid-19 lockdown. Daily Maverick visited stations around Gauteng and saw the devastation — and also witnessed pillaging first-hand. (Additional reporting by Shiraaz Mohamed) A note to readers:  We need your photos, please see the note at the bottom of this story. At about 2.25pm on 28 July, I witnessed the shameless thieving of rail infrastructure during lockdown. Between the Midway and Lenasia…

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Energy crisis: A step forward?

The IRP sets out procurement plans for the next 10 years but we need a visible pipeline longer than that. By Busi Mavuso  Last week another major step was taken on the way to resolving our energy crisis. The opportunity is now coming into focus for major infrastructure investment while also sparking the development of a thriving renewables-based industrial sector that could become an economic champion for South Africa. Last Friday, the minister of minerals and energy, Gwede Mantashe, gazetted the section 34 determination to procure 11.8 gigawatts of new power from independent…

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Rand-Air strikes gold – again! – Repeat hire to long-standing customer in the gold mining sector

  Rand-Air has been the established leader in the local portable air compressor and generator rental market for 47 years, recently also introducing pumps to its popular rental range. With a central ethos of exceptional customer service – coupled with the regular training and development of its people – the company’s dedication to excellence has paid off once again: this time, in the form of valuable repeat business from a long-standing customer in the gold mining sector. Recently, Rand-Air secured a repeat hire with a long-standing customer in the mining…

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ASCA AIMS TO PUT AFRICA “AT THE TABLE OF PROSPERITY”

In his keynote presentation at the inaugural Africa Supply Chain in Action (ASCA) virtual conference and exhibition, renowned Kenyan pan-Africanist, Professor of Law and anti-corruption crusader, Patrick Loch Otieno (PLO) Lumumba said: “When we put our hands together and work together, Africa will sit at the table of prosperity.” He was addressing close to 1 000 African supply chain and procurement professionals who came together for ASCA 2020, the largest ever Africa-focused online learning, knowledge sharing and networking event for the profession. In his keynote presentation, Lumumba urged the African…

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The most in-demand job skills in South Africa right now

  CareerJunction has published its latest monthly jobs index for July 2020, showing which jobs are currently the most sought after in South Africa. The CareerJunction Index (CJI) represents online labour dynamics in South Africa by providing a detailed analysis of the relative ratio of supply and demand in the online job market. The CJI is based on comprehensive data gathered from the CareerJunction website. The index for July settled at 99 index points indicating little change in supply and demand in the local labour market, the jobs portal said. “Recruitment activity…

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South Africa Structural Metal Products Manufacturing Industry, 2020

Dublin, Aug. 07, 2020 (GLOBE NEWSWIRE) — The “The Manufacture of Structural Metal Products in South Africa 2020” report has been added to ResearchAndMarkets.com’s offering. This report focuses on the Manufacture of Structural Metal Products in South Africa, and includes information on the state and size of the sector, developments and corporate actions, trade statistics and influencing factors. There are profiles of 17 companies including major producers of structural metal products such as Argent Industrial, CIS Engineering, Consolidated Steel Industries, Mazor Group and Wispeco. Other profiles include barrier security products manufacturer Trellidor Holdings and…

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Betterect and RGM: an uplifting and long-standing collaboration

Betterect and RGM: an uplifting and long-standing collaboration

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Women of Steel : How Nissan is encouraging gender diversity in the automotive industry

ROSSLYN, Pretoria, March 2020 – As we celebrate International Women’s Month globally, we should be aware of the need to continuously invest in women’s empowerment on personal and professional levels as there is an incredible amount of evidence to support the positive ramifications. This year’s International Women’s Day campaign theme is #EachforEqual, which promotes the concept that an equal world is an enabled world and individually, we’re all responsible for our own thoughts and actions – all day, every day. Diversity in the workplace A study by McKinsey indicates gender…

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Cheap fashion comes at high price for local clothing sector

In a shop brimming with rails of high-end clothing brands, shoppers browse through an array of international labels selling at massively discounted prices. The retailer is one of the growing outlets operated by parallel importers, selling European high street fashion and names such as Tommy Hilfiger, Michael Kors and Ted Baker to local consumers. It’s a business that has disrupted the local retail space, presenting further challenges to the already distressed local clothing manufacturing sector. Parallel importers such Discount My Fashion (DMF) and Fashion Brand Outlet (FBO) have set up…

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