South African Business 2019 edition
The 2019 edition of South African Business is the seventh edition of this annual guide to business and investment in South Africa. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as Special Economic Zones and African trade provide unique insights, together with comprehensive overviews of critical economic sectors. Other special features focus on the exciting new possibilities in renewable energy, airports as engines of regional growth and the maritime sector as an entirely new prospect for South African entrepreneurs and businesses. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed at www.globalafricanetwork.com
The 2019 edition of South African Business is the seventh edition of this annual guide to business and investment in South Africa.
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as Special Economic Zones and African trade provide unique insights, together with comprehensive overviews of critical economic sectors. Other special features focus on the exciting new possibilities in renewable energy, airports as engines of regional growth and the maritime sector as an entirely new prospect for South African entrepreneurs and businesses.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed at www.globalafricanetwork.com
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OVERVIEW<br />
companies are increasing their focus on<br />
the training of engineers.<br />
The Engineering Council of <strong>South</strong><br />
Africa (ECSA) has started a programme<br />
where trainees can earn certificates in<br />
specific disciplines from a range of institutions.<br />
The qualifications are in line<br />
with the council’s Exit Level outcomes.<br />
Six of <strong>South</strong> Africa’s biggest construction<br />
companies have established a<br />
R1.25-billion skills fund.<br />
POLYURETHANE PRODUCTS AND REFURBISHMENT<br />
Restructuring<br />
Murray & Roberts, a giant and diverse<br />
company, disposed of Murray<br />
& Roberts Infrastructure and Building<br />
Platform (MRIB) in 2016 to focus on<br />
procurement, project engineering<br />
and construction in certain resource<br />
sectors. Firefly Investments, the consortium<br />
that bought MRIB, is led by<br />
<strong>South</strong>ern Palace, which includes among<br />
its shareholders some MRIB managers<br />
and the Government Employees<br />
Pension Fund (GEPF). The transaction<br />
goes a long way to creating more diversity<br />
in the ownership in the construction<br />
and engineering sector.<br />
Netha Engineering Technology supplies high-quality<br />
processing equipment for the relevant application.<br />
The company specialises in polyurethane screen<br />
panels.<br />
Dedicated on-site teams deal with screen panel<br />
maintenance. The removal and installation of screen<br />
panels is done on-site.<br />
Netha Engineering Technology also offers polywedge<br />
wire panels, spray nozzles, polyurethane liners<br />
and self-cleaning spray bars. The company aims to<br />
become a diversified supplier of processing equipment.<br />
The refurbishment processes offered by Netha<br />
aims to restore the condition of equipment at minimal<br />
cost. Equipment is considered refurbish-able if<br />
the cost of repair is less than 70% cost of new item.<br />
Refurbishment is done with both ceramic and rubber.<br />
Refurbishments can either take place on- or off-site<br />
depending on the degree of work and turnaround<br />
time needed to complete the work. Refurbishment<br />
and manufacture of the following equipment is currently<br />
done: hydro-cyclones, tanks and sumps, transfer<br />
chutes, screen under-pans, steel pipes, plastic<br />
pipes and HDPE pipes.<br />
Genrec, a large steel engineering and fabrication business<br />
company that started out on the gold fields of early<br />
Johannesburg, was another Murray & Roberts company to<br />
be sold to the <strong>South</strong>ern Palace Group. It has a large plant<br />
outside Johannesburg at Wadeville and is involved in <strong>South</strong><br />
Africa’s two biggest power station construction projects at<br />
Medupi and Kusile.<br />
SOUTH AFRICAN BUSINESS <strong>2019</strong><br />
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