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Manufacturing survey shows improved sentiment in Q4, but trading conditions remain tough

CONFIDENCE in the manufacturing sector has improved slightly to 26 points – the highest level seen in 2023, as shown by the Q4 Absa...

Bank creates green energy subsidy for qualifying SME customers

ABSA’S energy subsidy is the only grant of its kind providing some much-needed support to small business customers to finance solar installations and keep...

Manufacturer confidence levels remained low amid challenging outlook

ACCORDING to Absa’s manufacturer confidence index, overall business confidence during the fourth quarter remained unchanged at 26 points, after two consecutive quarterly declines. This...

Manufacturing survey shows increasing positive sentiment

CONFIDENCE levels among South African manufacturers improved on the back of better business conditions, the Q1 Absa Manufacturing Survey shows. According to the survey, overall...

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New extended warranty for VFDs

INVERTEK Drives, a global leader in variable frequency drive (VFD) technology, has announced a three-year warranty on its Optidrive VFD range, reflecting the company’s...

Prime gearbox solutions tailored to meet pump applications 

I-MAK, a premium global brand in the stable of bearings and power transmissions specialist, Bearings International (BI), has led the global market with a...

Device adds safety to belt installation and maintenance

BMG’s Power Transmission division has the solution to avoid dangers during installation and maintenance procedures in many industries. An easy-to-operate rotation device from Gates...

How microgrids can make metals, mining and minerals ‘greener’

By Johan Pretorius, MMM segment lead, Anglophone Africa at Schneider Electric OPINION| THE mining, minerals and metals industry forms a critical part of material supply,...