Corporate Affairs

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    Outa to brief parliamentary committee

    The Opposition to Urban Tolling Alliance (Outa) will brief Parliament’s portfolio committee on transport on Tuesday on alternative mechanisms for financing e-tolls. Outa was asked to brief the committee on potential consequences of the planned e-toll r…

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    Cummins looks to the future with Stage V vision

    As the European Union’s (EU’s) 2019 emission regulations loom, engine manufacturer Cummins is gearing up for the Stage V vision with next-generation engines that “redefine” engine performance. Cummins planned to unveil ultra-clean 3.8 ℓ to 9 ℓ platforms for construction, mining and materials handling equipment, as well a full line-up of aftertreatment, to meet Stage V, at trade show bauma 2016, to be held in Munich, Germany, in April.

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    People to talk to their cars following Volvo Cars, Microsoft deal

    Vehicle manufacturer Volvo Cars and technology group Microsoft are launching a voice control system that will allow Volvo owners to talk to their cars using the Microsoft Band 2 wearable device. The system will allow owners to instruct their vehicle to perform tasks remotely, such as setting a destination on the navigation system, activating the climate control, locking the doors, flashing the lights or sounding the horn – all by using Volvo’s mobile app, called Volvo on Call, and the Microsoft Band 2 fitness tracker. “Volvo is intent on making the car experience as easy and convenient as possible by utilising the latest technology in the most relevant and inspiring ways,” says Volvo Cars electrics/electronics and chassis VP Thomas Müller.

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    Defence group Denel promoting high-tech education and training

    The acting CEO of South Africa’s State-owned defence industrial group Denel, Zwelakhe Ntshepe, is “delighted” at his company’s role in helping prepare young South Africans to participate in the Fourth Industrial Revolution. He was speaking at the group’s annual Young Achievers Awards ceremony in Pretoria on Friday.

    He defined the First Industrial Revolution as the invention of machines and the ending of humanity’s dependence on animal power, the Second as being the invention of mass production and the third as being the development of digital technology. The Fourth Industrial Revolution will see the fusion of the physical, biological and digital worlds.

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    Commission rules on Skywise complaint

    Low-cost airline Skywise was officially informed on Thursday that the Competition Commission has decided not to refer its complaint against Airports Company South Africa (Acsa) to the Competition Tribunal. According to the Commission it does not regard…

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    New-vehicle sales decline 4.1% in 2015

    South African new-vehicle sales declined by 4.1% in 2015 compared with 2014. This follows a 0.7% drop in 2014 compared with 2013. s Unaudited data released by the Department of Trade and Industry show that South African new-vehicle sales decreased to 617 927 units in 2015, compared with 644 259 units in 2014. Commenting on the data, the National Association of Automobile Manufacturers of South Africa (Naamsa) attributes the decline to a slowing domestic economy, interest rate increases, pressure on consumers’ disposable income and rising new vehicle prices.

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    Tswelokgotso Trading Enterprise

    Established in 2008, 100% black-owned construction company Tswelokgotso Trading Enterprise is involved in construction and facilities maintenance work, mostly in civil and road construction.

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    Global airline profitability hits new levels, driven by North American carriers

    Strong growth in passenger travel has resulted in record profitability for the global airline industry. “Our outlook for this year [2015] has improved to a $33-billion net profit expectation, for a margin of 4.6%,” highlighted International Air Transport Association (IATA) Director General and CEO Tony Tyler at the IATA Global Media Day in Geneva, Switzerland, last month. “And profitability continues to strengthen in 2016 with the expectation of a $36.3-billion profit, which constitutes a 5.1% net margin.”

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    Phase 1 of biometric project to be launched by end of March

    Following the launch of the pilot test of Transit Visa Biometrics System (TVBS) at the OR Tambo International Airport late last year,  Home Affairs Minister Malusi Gigaba says that the baseline implementation of the Phase 1 biometric solution will be completed by March 31 this year.

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    Cycloidal drive propulsion commissioned to power local tugboats

    Drive components and systems company Voith’s cycloidal drive marine propulsion system, the Voith Schneider propeller, was chosen to power State-owned freight logistics company Transnet National Ports Authority’s (TPNA’s) new fleet of tugboats, currently under construction as part of the 9 Tug project.

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