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Articles on this Page
- 12/06/18--11:05: _Denel Asia closing ...
- 12/07/18--11:26: _Stakeholder develop...
- 12/07/18--11:26: _3D printing surging...
- 12/07/18--11:26: _Measures in place t...
- 12/10/18--11:52: _Egypt aims to kicks...
- 12/13/18--12:32: _South African stude...
- 12/14/18--12:51: _Airbus unveils firs...
- 12/14/18--12:51: _Aerospace industria...
- 12/14/18--12:51: _Denel's accounts li...
- 12/06/18--11:05: Denel Asia closing down, says Public Enterprises portfolio committee
- 12/07/18--11:26: Stakeholder development support aids growth in WC
- 12/07/18--11:26: 3D printing surging globally and South Africa is making its mark
- 12/07/18--11:26: Measures in place to boost the Western Cape economy
- 12/10/18--11:52: Egypt aims to kickstart African trade as it takes AU chair
- 12/14/18--12:51: Airbus unveils first base for its very high altitude UAV
- 12/14/18--12:51: Aerospace industrial park should receive new tenants in four months
- 12/14/18--12:51: Denel's accounts littered with flaws – Auditor General
State-owned arms maker Denel is in the process of closing down the controversial Denel Asia joint venture, the company informed the Portfolio Committee on Public Enterprises on Wednesday.
The committee was briefed by a delegation led by Denel chairperson Monhla Hlahla on the current state of forensic investigations at Denel.
Continued development support offered by Western Cape organisations will aid manufacturing growth in the Western Cape, says event organiser Siyenza MD Liz Hart. These organisations comprise the official tourism, trade and investment promotion agency for Cape Town and the Western Cape, Wesgro; City of Cape Town nonprofit organisation GreenCape; the provincial government; and national government, through the Department of Trade and Industry. Commenting on the annual Western Cape Manufacturing Indaba, held at the Century City Convention Centre in Cape Town last month, she adds that the event has boosted the growth potential of manufacturers in key sectors such as automotive, construction, metals, forestry, paper and packaging, chemicals and the green economy.
The global take-off of Additive Manufacturing (AM, popularly called 3D printing), it is now apparent, took place some six years ago. "2012 was a turning point in AM, globally," consultancy Wohlers Associates President Terry Wohlers tells "Engineering News". "The technology really gained attention, investment and traction, in comparison to what had been the case previously."
The Western Cape economy remains relatively stable despite challenges affecting consumer spending, says Western Cape Economic Opportunities Minister Beverley Schäfer. “The province has recorded good gains in employment, and continues to record the lowest expanded unemployment rate in the country.”
Egypt is promoting itself as a linchpin for intra-African trade and a model of economic reform as it prepares to chair the African Union in 2019. The country hosted a high-level business forum on Saturday and Sunday in the Red Sea resort of Sharm el-Sheikh that will be followed by an intra-African trade fair in the coming week in the capital, Cairo.
Two South Africans will be jetting off to the United States next month for the coveted international business intern program (IBIP) at the Boeing Company's head office in Seattle, Washington. The American multinational aircraft maker said the University of Witwatersrand students, Robert Clark and Makhosazana Ncube, had caught the attention of Boeing Commercial Airplanes and were selected for its six month internship programme in Seattle, USA.
Europe-based global aerospace and defence company Airbus Defence and Space recently announced, in Australia, that it had opened the first operational launch site for its Zephyr “High Altitude Pseudo-Satellite” (Haps) at the Western Australian town of Wyndham. The Zephyr is a very high (stratospheric) altitude Unmanned Aerial Vehicle (UAV), powered by solar energy, with an average operating ceiling of 21 km (70 000 ft).
The Centurion Aerospace Village (CAV) industrial park could be transformed from a national State-owned non-profit entity into a Gauteng Provincial Government-owned for-profit company, CAV CEO Lance Schultz told “Engineering News Online” on Thursday. “We are conducing a due diligence into our possible incorporation,” he reported. “This would give us access to Government incentives. The preliminary report has been completed and it looks good.”
If the CAV was “provincialised” it would fall under the Gauteng Growth and Development Agency, which, in turn, was under the Gauteng Department of Economic Development. In the meantime, the CAV was in the advanced stages of talks with the (national) Department of Trade and Industry (DTI), concerning its short to medium term financing.
Meanwhile, work was continuing on the site, in preparation for the two new tenants that CAV announced at the Africa Aerospace and Defence 2018 exhibition in September. “We are currently concluding all the minimum bulk earthworks and infrastructure,” he stated. This would allow the agency to receive the necessary authorisations from the Tshwane (greater Pretoria) Metropolitan Municipality for the new buildings to be occupied. These were expected by April.
Shoddy and incomplete accounting at South Africa's troubled state-run arms firm Denel left the country's Auditor General unable to make a judgement on the soundness of its most recent financial statements, according to the firm's annual report. In the report the Auditor General listed more than 30 problems at Denel, which reported a 1.7 billion rand ($118 million) loss for 2017/18 and recently fired its Chief Financial Officer over allegations of misconduct, that left it unable to offer an opinion on its accounts.