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Articles on this Page
- 10/24/18--21:24: _Mboweni calls for ‘...
- 10/24/18--21:24: _Mboweni suggests ne...
- 10/24/18--21:24: _Infrastructure at h...
- 10/25/18--21:45: _Manufacturer suppli...
- 11/01/18--22:48: _France to decide by...
- 11/01/18--22:48: _Denel reports R1.7b...
- 11/01/18--22:48: _Denel ripe for join...
- 11/01/18--22:48: _Space probe en rout...
- 11/08/18--22:24: _West African milita...
- 11/08/18--22:24: _National composite ...
- 11/08/18--22:24: _Zuma to Gordhan: 'C...
- 11/08/18--22:24: _Saudi Arabia makes ...
- 11/10/18--05:46: _Numsa demands bailo...
- 11/13/18--06:15: _Defence sector code...
- 11/13/18--06:15: _Strong relationship...
- 11/16/18--06:54: _Aerospace technolog...
- 11/16/18--06:54: _Pentagon to cut tro...
- 11/23/18--08:04: _Khashoggi killing c...
- 11/23/18--08:04: _Vaal River pollutio...
- 11/23/18--08:04: _Audit outcomes of S...
- 11/23/18--08:04: _Solid relations bet...
- 11/26/18--08:39: _Work on Vaal river ...
- 11/29/18--09:23: _Denel needs partner...
- 11/30/18--09:46: _Timetable laid out ...
- 12/03/18--10:10: _Construction starts...
- 12/03/18--10:10: _Airbus unveils firs...
- 12/04/18--10:30: _11 SANDF soldiers g...
- 12/05/18--10:40: _Denel confirms it c...
- 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...
- 10/25/18--21:45: Manufacturer supplies stainless steel diesel field stoves to SANDF
- 11/01/18--22:48: France to decide by 2020 on next generation aircraft carrier
- 11/01/18--22:48: Denel ripe for joint venture partnerships - Ramaphosa
- 11/01/18--22:48: Space probe en route to Mercury
- 11/08/18--22:24: West African military force needs support, French Minister says
- 11/08/18--22:24: Zuma to Gordhan: 'Can we do what Dudu wants?'
- 11/10/18--05:46: Numsa demands bailout for Denel
- 11/13/18--06:15: Defence sector code gazetted
- 11/16/18--06:54: Pentagon to cut troops in Africa as focus shifts to China, Russia
- 11/23/18--08:04: Khashoggi killing complicates Saudi rescue bid for Denel
- 11/23/18--08:04: Audit outcomes of State-owned entities continue to regress
- 11/26/18--08:39: Work on Vaal river system rehabilitation project gets under way
- 11/29/18--09:23: Denel needs partners soon to survive – Wakeford
- 12/03/18--10:10: Airbus unveils first base for its very high altitude UAV
- 12/05/18--10:40: Denel confirms it cancelled pilot bursary for Mahumapelo Jr
- 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
Finance Minister Tito Mboweni has called for a reconfiguration of South Africa’s debt-laden State-owned companies (SoCs) and has appealed to stakeholders to adopt an open-mind with regard to the form such restructuring could take, particularly in the cases of Eskom and South African Airways (SAA). Briefing the media as part of the release of his maiden Medium-Term Budget Policy Statement (MTBPS), Mboweni said that SoC reconfiguration could take various forms from equity partnerships and asset sales, to the closure of certain enterprises.
Finance Minister Tito Mboweni on Wednesday said the public service wage bill, which accounts for 36% of government spending, is unsustainable. The public sector wage bill should be closer to 30% of government spending, he added during his maiden Medium Term Budget Policy Statement speech.
Finance Minister Tito Mboweni has confirmed that expenditure worth R32.4-billion will be reprioritised over the coming three years in line with government’s recently released Economic Stimulus and Recovery Plan. The figure appeared to fall short of the R50-billion reprioritisation target outlined by President Cyril Ramaphosa on September 21, when he released details of the recovery plan during a briefing held at the Union Buildings, in Pretoria. However, Mboweni said that, coupled with changes to grant structure and in-year allocations, the combination of reprioritisations would amount to more than R50-billion over the three years.
Manufacturer and exporter Desert Wolf plays an instrumental role in project teamster, which is the new South African National Defence Force (SANDF) project to upgrade the complete field kitchen facilities for the defence force and is currently supplying it with a range of stainless steel diesel field stoves and diesel modules. Desert Wolf, which has recently reinstated its Southern Africa Stainless Steel Development Association (Sassda) membership, states that during 2016 and 2017, the company completed the design and manufacture of the first phase of the project, which encompassed a mobile field cooking unit for 15 people (FCU-15).
The French military is studying what sort of aircraft carrier should replace the Charles De Gaulle, and should decide by the end of 2020, Defense Minister Florence Parly said on Tuesday. “The new French carrier will be floated by 2038,” she said on BFM television. “We must define its missions, how many planes, what sort of planes.” The study is being carried out in parallel with a reflection on the next generation of fighters.
State-owned defence industrial group Denel on Wednesday, with the release of its yearly results, stated that its operating loss of R1.7-billion for the 2017/18 financial year clearly shows a business that has had a difficult year, marked by lapses in governance, mismanagement and poor contract execution that resulted in severe liquidity challenges.
The operating loss has been further compounded by R500-million in irregular expenditure and a disclaimer audit opinion by the Auditor-General which is of “grave concern” to Denel.
South Africa's struggling state-owned arms firm Denel is "ripe" for joint venture partnerships, President Cyril Ramaphosa said on Thursday, but added Pretoria would want to retain control if any deal went ahead. Ramaphosa said he hadn't yet applied his mind to a bid for Denel by Saudi, or any of the other bids for the loss-making firm which makes military kit for the South African armed forces and clients in Africa, the Persian Gulf and Europe.
The joint European-Japanese twin-probe BepiColombo space mission, to the Solar System’s innermost planet, Mercury, was successfully launched from Kourou in French Guiana in mid-October. The spacecraft, built by Airbus and launched by an Ariane 5 rocket, has four main elements: the Mercury Planetary Orbiter (MPO), the Mercury Magnetosphere Orbiter (MMO), the Mercury Transfer Module (MTM) and the Sunshield and Interface Structure (which protects the MMO and MTM).
A West African military force to fight Islamist militants has only received a quarter of the money pledged at its deployment last year and is in urgent need of financial support, French Defense Minister Florence Parly said. Donors from Saudi Arabia to the US pledged to fund the force known as G5 Sahel when it began deploying last year. So far, about a quarter of a total €414-million pledged has been released, Parly said Monday in the Senegalese capital, Dakar, at the sidelines of a security conference.
The Composite Cluster, which was launched by the Department of Trade and Industry (DTI) space affairs chief director Nomfuneko Majaja during the inaugural Advanced Manufacturing and Composites Show, in Port Elizabeth, on Wednesday, aims to support the development and use of composites as part of advanced manufacturing in South Africa. The cluster, headed by MD Andy Radford, is an extension of the Mandela Bay Composite Cluster, which started in 2015 from foundational work of the Council for Scientific and Industrial Research, and critical input from Technical University Delft advanced manufacturing hub head Dr Kjelt Rijswijk. It has grown from 13 member companies to 53 members over the past two and a half years.
Former president Jacob Zuma called Pravin Gordhan, then finance minister, in 2015 to try and convince him to agree to an enormously expensive deal with airplane manufacturer Airbus because his close friend Dudu Myeni wanted it. In his 68-page sworn statement delivered to the judicial commission of inquiry into state capture, Gordhan details a phone call he received from Zuma in which the then head of state implored his finance minister to agree to buy Airbus passenger planes instead of leasing ...
Saudi Arabia has made a $1-billion bid for a broad partnership with South African State-owned defence group Denel that would include the acquisition of a minority stake in a joint venture with Germany's Rheinmetall, a source familiar with the offer said. Currently heavily dependent on imports, Saudi Arabia, the world's third-largest defence spender, is seeking partnerships to develop its own domestic defence industry with the goal of localising half of its military spending by 2030.
South Africa's government must urgently inject at least R7-billion into struggling State-owned defence group Denel, the National Union of Metalworkers of South Africa (Numsa) said on Friday. Denel reported a R1.7-billion for the 2017/18 financial year and is struggling to pay worker salaries and deliver on roughly R18-billion of outstanding orders.
Trade and Industry Minister Dr Rob Davies expects transformation in South Africa’s defence sector to gain traction, following the gazetting, on Monday, of the Defence Sector Code in terms of Section 9(1) of the Broad-Based Black Economic Empowerment Amendment Act.
Davies says the development of the Defence Sector Code was made possible owing to the leadership of the Ministry of Defence and Military Veterans, as well as the Armaments Corporation of South Africa, in collaboration with the industry, to develop sector-specific transformation guidelines.
South Africa and India already have a solid framework for strong relations, not least in the areas of trade and investment, Indian High Commissioner to South Africa (Ms) Ruchira Kamboj tells Engineering News Online. "India and South Africa are old friends and historical partners," she highlights. "Don't forget we are Brics [Brazil, Russia, India, China, and South Africa alignment] countries, members of IBSA [India, Brazil, South Africa], and we are both members of the Commonwealth. And we are ...
Giant Europe-based aerospace group Airbus has affirmed that aerospace technologies can play a key role in dealing with many of the socioeconomic challenges confronting Africa. It did so in a report, which it called a White Paper, that was released at the end of last month. at a special event in Toulouse, France. The event brought together government officials, policy-makers, business people and entrepreneurs from Africa, as well as representatives of intergovernmental agencies and multilateral development organisations.
The US military will withdraw hundreds of troops focused on counterterrorism operations in Africa over the next several years to support the Pentagon's increased focus on countering threats from China and Russia, officials said on Thursday. Earlier this year, the US military put countering China and Russia at the center of a new national defense strategy, the latest sign of shifting priorities after more than a decade and a half of focusing on the fight against Islamist militants.
Loss-making South African arms maker Denel has a problem as it fights to survive. Its potential saviour is Saudi Arabia, now drawing fierce criticism following the killing of journalist Jamal Khashoggi. But after being mismanaged for years and tainted by a far-reaching influence-peddling scandal, state-owned Denel now needs the kind of help that the deep-pocketed Saudis can provide.
Petrochemicals giant Sasol has denied that it is responsible for pollution in the Vaal river. However, it has admitted struggling to interpret some compliance requirements with regard to regulations on the discharge of waste. According to a report by the Department of Water and Sanitation Department, three of Sasol's waste incinerators were closed after failing to comply. CHALLENGES TO COMPLIANCE The revelations were made by the company at the second day of the South African Human Rights ...
The audit outcomes of State-owned entities (SOEs) have regressed over the past financial year compared with both the previous year and 2014/15. The 2017/18 general report for the Auditor-General South Africa (AGSA) said there was an increase in noncompliance of the 16 SOEs it audited. It also reported weaknesses in performance reporting processes.
South Africa and Indian already have a solid framework for strong relations, not least in the areas of trade and investment, Indian High Commissioner to South Africa (Ms) Ruchira Kamboj tells "Engineering News". "India and South Africa are old friends and historical partners," she highlights. "Don't forget we are Brics [Brazil, Russia, India, China, and South Africa alignment] countries, members of IBSA [India, Brazil, South Africa], and we are both members of the Commonwealth. And we are both countries of the Global South."
Work on the Vaal River System rehabilitation project, in Sebokeng, is now under way after a technical team from the South African National Defence Force (SANDF) completed its assessments, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula has said. Following the deployment by Finance Minister Tito Mboweni of SANDF technical teams to restore infrastructure, including dysfunctional plants and substations, at the polluted Vaal River system, the team has, over the past three to four weeks, assessed the issues and produced a final report on what needs to be done going forward.
South Africa's defence industry is facing a crisis as the State-owned arms maker Denel struggles to survive, and rapidly agreeing equity partnerships is the only way to save it, one of the country's top defence officials told Reuters. Denel's woes put at risk an industry estimated to directly employ around 15 000 people and which is one of the most advanced sectors of Africa's most developed economy, said Kevin Wakeford, CEO of Armscor.
The Pietermaritzburg High Court on Thursday granted an order setting out the timetable for the prosecution of former president Jacob Zuma and French arms manufacturer Thales. However, Zuma’s legal team continued to claim that their client was not being treated fairly by the “dismissive” National Prosecuting Authority.
A South African black-owned shipbuilding company has taken big steps in the transformation of the maritime sector by forging ahead on a multi-billion rand build programme for a new hydrographic survey vessel for the country’s navy. On Friday, Southern African Shipyards (SAS) went one step further in building what has been described as “the most complex and technically advanced vessel that has ever been built in the country” by holding a steel cutting ceremony at its Bayhead premises in the Port of Durban.
Europe-based global aerospace and defence company Airbus Defence and Space announced in Australia on Monday 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. “The official opening of the Airbus Wyndham launch site in Western Australia, the world’s first operational Haps site, marks the start of a new era for Zephyr,” highlighted Airbus Unmanned Aerial Systems head (Ms) Jana Rosenmann. “We are proud to see Australia become part of the Zephyr operational network.”
The South African National Defence Force (SANDF) has found 11 of its members guilty of assaulting a 17-year old Congolese citizen in his country. In a "historic and ground-breaking trial" the defence force has, for the first time, used the Prevention of Combating and Torture of Persons Act to charge 16 of its members who were deployed in the Democratic Republic of the Congo (DRC) as part of the Force Intervention Brigade (FIB) of Operation Mistral. Although they were not convicted in terms of ...
Denel confirmed to MPs on Wednesday it had terminated a R1.1-million bursary agreement with Supra Mahumapelo Jr, the son of the former North West premier. Briefing Parliament's portfolio committee on public enterprises, Denel board audit committee chair Talib Sadik said an investigation into the awarding of the bursary made several findings.
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.