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Invest in IE3 motors before MEPS enforced
Published: 31 May 24
The time is right for South Africa and Africa, in general, to invest in IE3 motors, especially with minimum energy requirement standards (MEPS) expected to come into effect by the end of the year, says drive engineering specialist SEW-EURODRIVE electronics business development manager Willem Strydom. He encourages companies to convert to IE3 motors sooner rather than later, noting that there will likely be an uptick in demand for these motors the closer South Africa gets to officially enforcing MEPS.
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Specialist expands in sub-Saharan Africa
Published: 31 May 24
Following its acquisition of chain solutions manufacturer IWIS Drive Systems South Africa in November last year, industrial supplies specialist Bearings 2000 (B2K) has become the exclusive distributor of IWIS in sub-Saharan Africa, bringing IWIS brands, including Elite, Flexon and Jwis, to B2K’s customer base. Customers can also benefit from the company’s local support services, says B2K sales director Michael Stamatiadis.
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Motors swiftly repaired following failure
Published: 31 May 24
Electric motor repair specialist Marthinusen & Coutts (M&C) successfully completed the urgent repair of a 94 t 4 736 kW direct current mine winder motor under a tight deadline at platinum group metals producer Northam Platinum’s Zondereinde mine, near Thabazimbi, in Limpopo. The motor, which failed in July last year, had driven the personnel winder hoist serving the mine’s Number 1 shaft, and therefore is critical to the mine’s operation.
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Wedge belts transmit 30% more power
Published: 31 May 24
Industrial equipment supplier BMG’s extensive range of industrial belting manufacturer Fenner’s power transmission components encompasses high-performance Fenner Quattro Plus Twin Wrapped (QPTW) wedge belts, which transmit 30% more power than standard Fenner drivebelts. Suitable for counter-bending, back-tensioners and clutches, BMG’s Fenner Quattro Plus QPTW belts can withstand an extended temperature range of between -30 °C and 80 °C.
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Contractors, subcontractors battling as late payments worsen – MBA North
Published: 31 May 24
The construction industry value chain is at risk of collapsing as shrinking margins, unfair practices and payment issues continue to undermine the sector. This is according to members of the Master Builders Association (MBA) North, who warn that “urgent dialogue and change” are needed to address industry issues and avoid further job losses and bankruptcies.
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Stellantis plant site being readied for construction
Published: 31 May 24
The Coega Development Corporation (CDC) has started to prepare the site at the Coega Special Economic Zone for the construction of the new Stellantis vehicle-assembly plant, says the Department of Trade, Industry and Competition (dtic). The CDC is supplying the land on which the factory will be built.
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Côté mine, Canada
Published: 31 May 24
A gold mine in in north-eastern Ontario, Canada.
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Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
Published: 30 May 24
Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad said on Thursday. The Anglo CEO faces pressure from investors to boost the company's value by improving operational efficiencies and speeding up the sale of assets after rejecting three takeover proposals from the world No. 1 miner, which on Wednesday said it had no choice but to walk out.
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SARB holds rates in shadow of election
Published: 30 May 24
The South African Reserve Bank (SARB) left borrowing costs unchanged, delivering the widely expected verdict one day after the nation held pivotal elections. The monetary policy committee kept its benchmark interest rate at a 15-year high of 8.25% for a sixth consecutive meeting, Governor Lesetja Kganyago said at a press conference north of Johannesburg on Thursday.
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SARB holds rates in shadow of election
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