Corporate Affairs

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    Growth potential for ropes manufacturer in export market

    The export market for locally made fibre ropes has proven highly beneficial for Cape Town-based ropes manufacturer Southern Ropes, says MD Chris King.

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    Schrempp to step down from Sasol board

    Energy and chemicals group Sasol has announced that Professor Jürgen Schrempp, who has served on its board for 18 years, will step down as director and lead independent director at its annual general meeting on December 4. Schrempp, who is best know internationally for his role in the DaimlerChrysler merger and locally for his leadership role at Mercedes-Benz South Africa (MBSA), reached retirement age of 70 during the 2014 calendar year, but Sasol extended his term to ensure continuity.

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    SA varsity team to tackle Aussie solar race in Oct

    A team of engineering students from the North-West University (NWU) will take part in this year’s Bridgestone World Solar Challenge, in Australia. The NWU also participated in the 2012 and 2014 Sasol Solar Challenge races, held in South Africa.

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    Swazi international airport still a white elephant

    A year and a half after Swaziland’s monarch dedicated Swaziland’s controversial airport and named it after himself, the King Mswati III International Airport has confirmed doubters’ fears that it was likely to become a white elephant. “The KM3 Airport was built on the instructions of the king without benefit of a needs analysis. It has proved to be a disaster since it was formally opened in March 2014. Only one airline uses the airport, and that is partly owned by Swaziland,” wrote former University of Swaziland professor Richard Rooney on his website.

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    Human factor at the heart of aviation safety

    Understanding human nature and its changeability should be at the centre of the approach to safety in the air traffic and navigation industry, according to Air Traffic and Navigation Services South Africa (ATNS) CEO Thabani Mthiyane. In his opening add…

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    Tata Motors to introduce new passenger vehicle to S African market

    Indian automotive manufacturer Tata Motors plans to introduce its Bolt hatchback and sedan passenger vehicles to the South African market this year. The vehicles were launched in India in February and were also available in Nepal.

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    Sanral needs R10bn for Winelands toll road project

    The South African National Road Agency Limited (Sanral) on Tuesday revealed that the initial cost of work undertaken as part of the N1/N2 Winelands toll project would be R10-billion, which would be funded through a user-pays tolling system. “The notion that Sanral should fund this project from its own resources is, therefore, uninformed. This year we received a total allocation of R12.5-billion to look after the entire national road network. Clearly we cannot take all of it to do one project in one province,” Sanral Western Cape regional manager Kobus van der Walt told the media. He added that, while there had been arguments against tolling and in favour of sourcing funds from existing fuel levy revenues, this income was required for national road upgrades and development elsewhere. “In 2014/15 National Treasury collected R46-billion in fuel levies and R7.2-billion in vehicle licence fees, which [equals] R53.2-billion.

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    Huguenot Tunnel to be expanded to dual carriageway

    A rise in traffic volumes has necessitated the development of a second, northerly bore at the Western Cape’s Huguenot Tunnel to allow for a dual carriageway, South Africa announced during a media briefing at the tunnel on Tuesday. The 4 km tunnel reduced the road travelling distance between Paarl and Worcester by 11 km and eliminated a climb of some 500 m over the steep Du Toitskloof Pass, providing safe passage for over 75-million vehicles during its 27 years of operation.

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    New Blue Train business plan to include more trains, routes and domestic tourism packages

    South Africa’s iconic Blue Train could be recapitalised and expanded following the announcement of a new public–private partnership between State-owned freight logistics utility Transnet and tourism and leisure group Sun International. The five-star luxury “hotel on wheels” – which was first launched in 1923, upgraded in the 1930s and re-entered service in 1946 after the Second World War – remains a popular tourist attraction for domestic and, especially, international tourists.

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    TMSA mulls exports as it seeks to lift Rosslyn plant capacity utilisation

    Automotive assembler Tata Motors South Africa (TMSA) plans to start exporting its vehicles to neighbouring countries in Africa. Addressing an African media delegation, in India, Tata Motors commercial vehicles executive director Ravi Pisharody said TMSA’s Rosslyn truck plant, in Pretoria, currently only used about 55% to 60% of its capacity.

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