INDUSTRY NEWS

Zethembe Khoza will continue in his position as chairperson of State-owned power utility Eskom until the 2018 annual general meeting, according to Public Enterprises Minister Lynne Brown, who announced the State-owned power utility’s new board on Friday. The new board – comprising Khoza, Dr Pat Naidoo, Giovanni Leonardi, Dr Pulane Molokwane, Simphiwe Dingaan, Dr Banothile Makhubela and Sathiaseelan Gounden, as well as new members Professor Malegapuru Makgoba and Professor Tshepo Mongalo, will serve a three-year term, subject to a yearly review.
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The South African Photovoltaic Industry Association (SAPVIA) has announced a “bold” five-point plan for the solar photovoltaic (PV) industry to drive industrialisation, create jobs, and contribute to economic growth. Speaking at the Energy Indaba held at Gallagher Estate in Midrand, on Friday, SAPVIA chairperson Davin Chown highlighted solar energy as an untapped resource that can be used in ways that deliver economic benefits across the depth and breadth of South Africa.
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Recent proposals by the South African Police Service (Saps) to establish a national “ballistic fingerprint” database of legally owned firearms in South Africa and for this database to be used as a forensic tool in criminal investigations is a largely futile and wasteful exercise in Saps’ endeavour to link firearms to crimes, according to the SA Hunters and Game Conservation Association.
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JSE-listed engineering and construction group Murray & Roberts (M&R) has completed the acquisition of a further 17% shareholding in the Bombela Concession Company (BCC) for a total consideration of R405-million.  BCC is a special-purpose vehicle that was appointed in 2006 by the Gauteng provincial government for the design, partial financing, build, operation and maintenance of the Gautrain Rapid Rail Link, which operates in Gauteng, South Africa.
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South African construction and engineering company Khato Civils on Friday unveiled its official headquarters, located in Samrand, Gauteng. Speaking at the launch, Khato Civils chairperson Simbi Phiri noted that the company has expanded its operations to Botswana, Malawi, Zimbabwe, Ghana and Namibia and aims to have 80% of its business operations on the continent.
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South African new-vehicle sales are projected to grow by 2% in 2017 compared with 2016, while 2018 is expected to produce further “modest growth”, says the National Association of Automotive Manufacturers of South Africa (Naamsa). The association of Friday released its third quarter review of business conditions in the local automotive industry.
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INYATSI IN THE PRESS

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Win a R150 000 bursary with Inyatsi Construction | Kaya FM Gauteng

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