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EOH appoints new interim CEO, non-executive directors after resignations
Published: 31 May 24
JSE-listed information technology services company EOH has appointed Marius de la Rey as interim CEO, Veronica Motloutsi as an independent nonexecutive director, and Dennis Venter and Rhys Summerton as non-independent nonexecutive directors, effective from May 30. This comes after EOH chairperson, interim CEO and director Andrew Mthembu resigned. Fatima Newman stepped down as a director but will remain as EasyHQ CE. Bharti Harie resigned as independent non-executive director.
Emira Property Fund CEO Geoff Jennett Emira reports strong full-year operational results
Published: 31 May 24
Despite high interest rates and difficult operating conditions, JSE-listed Emira Property Fund reported strong operational results, strategic delivery and capacity-enhancing active capital recycling for its financial year ended March 31. The company declared a full-year dividend a share of 117.02c, and its net asset value a share increased by 2.2% to R17.33.
South Africa achieves trade balance surplus of R10.5bn in April
Published: 31 May 24
South Africa recorded a preliminary trade balance surplus of R10.5-billion in April, the South African Revenue Services (Sars) reports. This surplus is attributed to exports of R169.5-billion and imports of R159.1-billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
Armscor lab to host African scientists for anti-chemical warfare course
Published: 31 May 24
A division of the Armaments Corporation of South Africa (Armscor), Protechnik Laboratories, will soon host 22 scientists from 14 countries for an analytical chemistry course. Protechnik has been offering the course yearly for 14 years and will, this year, host the course at Techno Park, in Centurion, from June 3 to 14.
An image showing SMMEs at Coega Coega achieves R1bn SMME procurement spend for 2023/24
Published: 31 May 24
The Coega Development Corporation’s (CDC’s) Small, Medium-Sized and Microenterprises (SMME) Development Programme has achieved procurement spend of over R1-billion for the 2023/24 financial year. This achievement equates to 69.42% of the total spend for the year and relates to the overall spend allocated to SMMEs across the organisation’s infrastructure development portfolio, which includes the Department of Health, Department of Education and the Department of Public Works and Infrastructure, among others.
Image of the JustGo logo JustGO CarPooling connects people looking for a city-to-city ride
Published: 31 May 24
Online bus and flight-ticket sales specialist JustGO has launched a new CarPooling service. Using an online booking platform on which drivers can post their availability for inter-city travel, JustGO CarPooling connects drivers and passengers along city-to-city routes throughout South Africa.
MTN reflects on 30 years of operations
Published: 31 May 24
As telecommunications giant MTN marks three decades of operations, it highlights the profound impact it has had. The group was established in 1994 as a small South African startup with 20 employees, growing into a global telecommunications leader, employing over 17 500 individuals representing more than 70 nationalities across 18 diverse markets.
South African Air Force Denel Rooivalk attack helicopters deploy flares from their defensive aids suites during a display South African company’s electronics module has achieved the highest TRL rating
Published: 31 May 24
South African original design manufacturer electronics company Etion Create (part of Reunert Applied Electronics) has announced that its VF370 3U OpenVPX single board computer (SBC) module has been rated at Technology Readiness Level (TRL) 9. TRL 9 is the highest technology maturity rating. “It has been many years in the making, but Etion Create’s embedded products like our VF370 3U OpenVPX SBC and the widely used CM120 COM Express Type 10 module, both Intel powered, are proving their mettle,” highlighted company business development executive manager Tobie van Loggerenberg. “It is testament to our design and manufacturing capability that the VF370 module has been selected by global defence company Saab for their Integrated Defensive Aids Suite, the IDAS-310, launched last year.”
Hydrogen symbol Nel spin-off company Cavendish Hydrogen applies for listing in Norway
Published: 31 May 24
Cavendish Hydrogen, which is being spun out of Norwegian fuel cell company Nel’s fuelling division, has applied for its shares to be listed on the Oslo Stock Exchange. The spin-off and listing are still subject to satisfaction of certain conditions, including approval by the stock exchange and the Financial Supervisory Authority of Norway.
cidb CEO Bongani Dladla cidb introduces three new categories in awards for women in construction
Published: 31 May 24
The Construction Industry Development Board (cidb) has introduced three new categories in the 2024 Empowerment and Recognition of Women in Construction (Erwic) Awards. Entries for the awards opened on May 30 and will close on June 28.
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