British High Commissioner to South Africa Nigel Casey says he is currently "very seized" with ensuring that measures are put in place "timeously" to guarantee no interruption in the trade relationship between the UK and South Africa when Britain leaves the European Union (EU) on March 29, 2019. Speaking at a British Chamber of Business in Southern Africa function this week, Casey, who took up the position in April, described the trade relationship as "balanced and increasingly symbiotic" in nature. Yearly trade between South Africa and the UK stood at around £10-billion which was also significantly larger that Britain's yearly trade flows with other key emerging markets such as Brazil and Indonesia. view more

The South African Parliament will launch a court challenge against an anti-graft watchdog's recommendation of constitutional changes to alter the mandate of the central bank, it said. The legislative assembly joined the central bank and lender Barclays Africa in seeking a court review of Public Protector Busi Mkhwebane's proposal to change the central bank's primary mandate of maintaining currency and price stability to focus on economic growth. view more

Drones, or remotely piloted aircraft systems (RPAS), have the potential to benefit numerous industries and could have contributed billions of rands this year, had it not been for what a newly released report implies as the stifling legislative and regulatory environment for unmanned aerial vehicles in South Africa. Commissioned by local drone services and consulting company United Drone Holdings, the report has been written by economist Dr Roelof Botha, who made the findings public to industry stakeholders during the inaugural Drone Con 2017 event, which was held in Gauteng earlier this month. view more

The global aviation industry is increasingly focusing on cybersecurity. "Cybersecurity ... has become a major concern," highlighted International Air Transport Association (IATA) Regional VP: Africa and the Middle East Muhammad Ali Albakri at recent media briefing at OR Tambo International Airport, east of Johannesburg. "Cybersecurity is so complex," he pointed out. It involves systems used by airports, air traffic navigation service (air traffic control) providers, airlines, airliners and manufacturers. "Part of the challenge in the aviation industry is the challenge of exchanging [cybersecurity] information. That doesn't happen today." With cyber attacks on companies across all economic sectors, worldwide, happening "every day", this is not a theoretical concern. "This is a growing threat. A new threat," he observed. The aviation sector was still trying to get to grips with it. "These things can happen anywhere. They could happen to anyone, any airline." view more

The PwC Tower, in Midrand, which is nearing completion, has received a commendation in the buildings greater than three storeys category at the 2017 biennial Fulton Awards, hosted by the Concrete Society of South Africa. The PwC Tower is the twenty-fourth tallest twisted building in the world and the only twisted building in Africa. Arup was the structural consultant responsible for achieving the iconic twist in the tower, as well as for designing the façade, with the project being submitted for consideration by construction materials provider AfriSam and admixtures manufacturer Chryso SA. The judges' citation highlighted that "the design solution balanced gravity loads on the corner columns and reduced the torsion on the core of the tower, making stresses on the core wall decrease by a factor of four. This meant that the structure used a 450 mm core wall that is a similar thickness to what a typical straight tower of that height would have needed. view more

A farm near Villiers is being quarantined and some 28 000 birds are being culled after a highly pathogenic avian influenza of the H5N8 type - the first in South Africa - was found on the Vaal river property. The Mpumalanga Veterinary Authority is on site assisting with quarantine implementation, culling and disinfection, the South African Poultry Association (Sapa) said in a statement on Friday. view more

Platinum mining and marketing company Impala Platinum (Implats) on Thursday announced details of an annual general meeting to approve the issuing of 175-million new shares. The Johannesburg Stock Exchange-listed company said shareholders would be convened on July 24 to vote on resolutions authorising: view more

Following an amendment to its listing requirements, the Johannesburg Stock Exchange (JSE) now requires all its listed companies to have a policy in place, by June 1, 2018, to promote racial diversity at board level. The JSE initiated the proposed amendments to its listing requirements after the King IV Report on Corporate Governance was released in November 2016. The amended requirements include a policy on the promotion of racial diversity at board level, as well as the publication of a yearly ... view more

The South African Local Government Association (Salga) has reiterated its call for action to be taken against municipalities that do not comply with audit outcomes, stating that municipalities that have irregular outcomes should face consequences. The latest municipal audit outcomes of local government for the 2015/16 year, which were released by Auditor-General (AG) Kimi Makwetu on Wednesday, highlighted a 50% rise in municipalities' irregular expenditure, or spending outside the prescripts of the law, at to R16.81-billion. view more

Despite negative perceptions, South Africa's economy remains resilient, while the construction industry remains healthy and continues to perform well, says Afrimat CEO Andries van Heerden. This is evident in the Afrimat Construction Index (ACI) having expanded by 22.7% between the third quarter of 2010 (the base period) and the first quarter of this year, which is more than double the rate of growth in the economy as a whole (in real terms). view more

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