South African Capital Equipment Exporters Council (Saceec) director and CEO Eric Bruggeman has pointed out that South African capital equipment exporters had exported R178-billion worth of capital equipment during 2019.
Saceec members accounted for a…
Significant potential exists for local capital equipment exporters Read More »
In a further indication of the stress rippling through the construction and mining sectors, Caterpillar reported its biggest decline in global machine sales since the end of 2016.
The report underlines how the coronavirus outbreak is putting a drag on…
Caterpillar posts worst machine sales since 2016 Read More »
Industrial equipment supplier Condra Cranes has announced a fully automated overhead crane capability, simultaneously revealing that the first such machine was delivered to platinum-group metals producer Lonmin in November last year. The overhead crane…
Condra reveals new fully automated overhead crane capability Read More »
Investment holding and equipment distribution company Invicta on Monday reported a 1 046% year-on-year increase in basic earnings a share to 149c for the six months ended September 30. Headline earnings a share increased by 2 029% to 149c apiece.
Invicta interim earnings, cash generation increase Read More »
Capital equipment manufacturer Bell Equipment (Bell) will in March launch a new addition to its product portfolio in Las Vegas, in the US. Bell CEO Leon Goosen said on Monday that the “small truck of less than 30 t gross vehicle mass will be manufactur…
Bell to launch South African-made small truck in Las Vegas in 2020 Read More »
The growth of the capital equipment sector, and the manufacturing sector in general, is being stifled by South Africa’s heavy reliance on imports, and its inability to deliver on its localisation promises. The manufacturing sector has the potential to …
Localisation seen as key to stimulating struggling capital equipment sector Read More »
