African Legacy News | June 2024 | Driving Africa’s Industrial and Economic Evolution

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African African LLEGACY EGACYNews

JUNE 2024

LLeadershipinFocus,TheVision eadershipinFocus,TheVision SSteeringTiberConstructionForward teeringTiberConstructionForward

Meet the leadership team driving innovation and excellence at Tiber, ensuring the company ' s continued growth and industry prominence

Reflect on the company ' s evolution Reflect on the company ' s evolution over the past ten years, highlighting over the past ten years, highlighting key acquisitions and divestments key acquisitions and divestments

Shaping

the Continent’s Future,

One Vision at a Time.

In a continent where transformation is no longer a choice but a necessity, Africa’s leading businesses are carving out bold new futures. This edition of African Legacy News turns the spotlight on three companies redefining resilience, innovation, and leadership in their sectors. From steel and energy to mining, these organisations are not only navigating disruption, they’re using it as a catalyst to build a stronger, more sustainable Africa.

Once born out of Iscor Ltd. in 1928, ArcelorMittal South Africa (AMSA) has weathered multiple storms to remain a key player in Africa’s industrial narrative. With CEO Kobus Verster at the helm, AMSA is tackling high energy costs, import competition, and declining demand head-on. The strategic decision to wind down its long-steel products division was a painful but necessary pivot. AMSA exemplifies tenacity as it navigates shifting market dynamics, global overcapacity, and local operational challenges.

Shell South Africa’s announcement of its downstream exit has sent ripples through the energy sector, ending a century-long chapter that helped build the very roads it once fuelled. But to see it as a retreat is to miss the deeper story: this is a strategic realignment designed to create space for new players in a matured ecosystem.

Mining in Africa is no longer just about extraction, it’s about evolution. African Rainbow Minerals (ARM), under the leadership of Patrice Motsepe and now CEO Phillip Tobias, has embraced this reality with a bold strategy that blends diversification with sustainability. From manganese and platinum to new interests in chrome, copper, and even green metals like those used in renewable energy systems, ARM is future-proofing its operations.

As readers of Africa First, you know that the continent’s future isn’t being written in boardrooms alone, it’s taking shape on construction sites, in refineries, in underground shafts, and in steel mills. These companies remind us that Africa’s industrial renaissance is not hypothetical, it’s happening now.

Each pivot, innovation, and leadership change they make isn’t just strategic, it’s symbolic. It signals a commitment to growth that respects people, the environment, and the continent’s potential.

Africa is not waiting. It is building. It is evolving. And it’s inviting you to be part of the next chapter.

Michele van der Walt
Head of Editorial | African Legacy News

CONTENTS

ArcelorMittal SA

The Rise, Fall, and Resilience of ArcelorMittal South Africa

Shell SA

The Untold Secrets Behind Shell SA's Decade of Unmatched Success

Tiber Construction

Tiber Construction’s Astonishing Decade of Growth

African Rainbow Minerals

How African Rainbow Minerals is Redefining Sustainable Mining

Fermel

How Fermel’s Bold Innovations Are Redefining the Future of Mining 34 Stewarts and Lloyds

How Stewarts and Lloyds Became Africa’s Steel Titan

YNF Engineering

Is YNF Engineering Africa’s Most Powerful Engineering Force 44 Pienaar Bros

How Pienaar Bros Became the Go-To PPE Supplier Across Southern Africa

ArcelorMittal SA

THERISE,FALL,ANDRESILIENCE OFARCELORMITTALSOUTH AFRICA.INSIGHTSFROM INDUSTRYVETERANS

ArcelorMittal South Africa (AMSA) has navigated a complex landscape of economic challenges, market fluctuations, and industry transformations to maintain its position as a leading steel producer on the African continent From its historical roots as Iscor Ltd , established in 1928, to its integration into the global ArcelorMittal group, AMSA's journey reflects a narrative of resilience, strategic adaptation, and commitment to innovation.

FOCUS: MANUFACTURING

A DECADE OF MILESTONES

AMSA's origins date back to 1928 when it was founded as Iscor Ltd., a South African parastatal steel company. The company's first steel was tapped from the open-hearth furnace at the Pretoria Works on April 4, 1934

Post-World War II, Iscor expanded its operations with the establishment of the Vanderbijlpark Works, officially opened

on October 4, 1952, marking a significant milestone in South Africa's industrial development

In 2006, Iscor became part of the global steel giant ArcelorMittal, aligning its operations with international standards and expanding its market reach

This integration facilitated access to advanced technologies, global best practices, and a broader customer base, enhancing AMSA's

competitiveness in the global steel industry

TECHNOLOGICAL PROWESS

Despite facing significant challenges, including global overcapacity and increased competition from imports, AMSA has demonstrated resilience and adaptability.

The company has focused on optimising its operations, investing in technological advancements, and implementing cost-reduction strategies to maintain its market position

In recent years, AMSA has made substantial investments in community development and job creation

The company supports more than 90,000 jobs directly and indirectly across South Africa and has invested R12 6 million back into local communities, impacting

18,300 people through various socioeconomic development initiatives

RECENT DEVELOPMENTS & FUTURE PROSPECTS

AMSA has been proactive in addressing the challenges posed by the global steel market The company has undertaken several strategic initiatives to enhance its operational efficiency and sustainability.

AMSA announced the winding down of its long-steel products business, citing unsustainable operations due to weak economic conditions, high costs, and competition from Chinese steel imports

This decision is expected to impact approximately 3,500 jobs and will directly affect the Newcastle and Vereeniging Works, as well as the ArcelorMittal Rail and Structural subsidiary.

LEADERSHIP PERSPECTIVES

Under the leadership of CEO Kobus Verster, AMSA has navigated through challenging times with a focus on sustainability and operational efficiency Verster, a steel industry veteran who began his career at Iscor South Africa, has been at the forefront of the company's strategic decisions.

On the need for a level playing field in the steel industry, Verster stated,

The

South African steel industry needs a level playing field through the establishment of a conducive operating environment and a levelled eco-system to allow it not only to survive, but to flourish.

CHALLENGES AND FUTURE OUTLOOK

The South African steel industry faces significant challenges, including high logistic and energy costs, global overcapacity, and low international steel prices

AMSA's decision to wind down its long-steel products business reflects the difficult market conditions and the need for strategic realignment

Looking ahead, AMSA is expected to focus on its core operations and explore opportunities to enhance its competitiveness in the g

The company's commitm innovation, operational e community developmen crucial in navigating the landscape of the steel in

ArcelorMittal South Afric underscores a narrative

Despite facing significant challenges, the company's strategic initiatives and commitment position it to continue playing a pivotal role in South Africa's industrial landscape

These efforts align with ArcelorMittal’s broader objective of achieving net-zero carbon emissions by 205 AMSA’s role in sh sustainable futur industry in South and transformation

ArcelorMittal South Africa (AMSA) remains committed to sustainability and innovation as it adapts to an increasingly challenging global steel market The company has placed a strong emphasis on environmental responsibility, investing in decarbonisation initiatives to reduce its carbon footprint AMSA is actively exploring cleaner steel

production technologies, including carbon capture and renewable energy integration, in line with the global push towards greener manufacturing practices

Moving forward, AMSA’s focus on strategic realignment will be instrumental in overcoming industry challenges while maintaining its leadership position within the African steel sector

AFRICAN LEADERSHIP REDEFINED BOLDLY

In the intricate tapestry of South Africa's industrial landscape, few figures stand as prominently as Hendrik Jacobus "Kobus" Verster, the Chief Executive Officer of ArcelorMittal South Africa (AMSA) With a career spanning over two decades in the steel industry, Verster's journey is a testament to resilience, strategic foresight, and an unwavering commitment to navigating complex economic terrains

Verster earned a Bachelor of Commerce degree from the University of Potchefstroom, followed by an Honours degree in Economics from the University of Pretoria Further honing his business acumen, he completed a Master of Business Leadership (MBL) at the University of South Africa (Unisa) and participated in the Executive Management Programme at the University of Virginia, USA

Verster's professional journey commenced at Iscor South Africa, a precursor to AMSA His financial expertise propelled him to the role of Chief Financial Officer (CFO) and Executive Director of AMSA from February 2006 to August 2010 During this tenure, he played a pivotal role in shaping the company's strategic direction His international experience

was further enriched as the General Manager of Corporate Treasury at Mittal Steel in Rotterdam In 2014, Verster took the helm as CEO of Aveng Limited, a position he held until 2017, before returning to lead AMSA in 2018

He has actively engaged with government entities, including the Department of Employment and Labour, to explore avenues for support and intervention. His appeals have highlighted the need for collaborative efforts to address systemic challenges such as high transportation and energy costs, and the influx of low-cost imports

In a landscape fraught with uncertainty, Verster's leadership is characterised by a commitment to strategic realignment and operational

efficiency. He has emphasised the importance of adapting to market dynamics, optimising resource utilisation, and fostering innovation to ensure AMSA's long-term viability His approach reflects a dee understanding of the intricate balance between economic imperatives and social responsibilities

Kobus Verster's tenure at AMSA encapsulates the challenges and triumphs inherent in leading a major industrial entity within a fluctuating global economy. His journey reflects a blend of financial expertise, strategic insight, and a resilient commitment to sustaining South Africa's steel industry amidst evolving market landscapes

Shell SA

ACENTURYOFCONTRIBUTION,AND ASTRATEGICPIVOTTOWARDTHE FUTURE

For over a century, Shell South Africa (Shell SA) has been more than just an energy supplier, it has been a builder of infrastructure, an enabler of mobility, and a partner in nation-building From bustling highways to remote rural stations, the red and yellow shell has become a familiar marker of reliability. As Shell now charts a new course by announcing its intention to exit its downstream operations in South Africa, it leaves behind a legacy deeply etched in the country’s economic, social, and industrial fabric

A RICH LEGACY OF PARTNERSHIP AND PROGRESS

Shell’s roots in South Africa reach back to the early 1900s, and its footprint spans every major node in the country's energy supply chain With over 500 service stations, Shell SA became one of the country’s leading fuel retailers, reaching millions of consumers and powering everything from public transport fleets to agricultural machinery

But its contributions went far beyond fuel:

Social Investment: Shell’s enterprise development, STEM education funding, and youth employment programs have touched the lives of thousands across the country

THE DECISION TO EXIT. A STRATEGIC REALIGNMENT, NOT A WITHDRAWAL

In May 2024, Shell made headlines when it announced its decision to divest its shareholding in Shell Downstream South Africa (SDSA). This includes its exit from fuel retailing and the long-idled Durban refinerye. The announcement was met with concern After all, Shell’s

Aramco, and Glencore Local companies, too, may seize the chance to enter or expand in a competitive market.

Industry analysts estimate Shell’s downstream assets could be worth upwards of $800 million, a reflection of the scale and potential of what’s now on the table

WHAT SHELL LEAVES BEHIND: A FRAMEWORK FOR EXCELLENCE

Innovation in Energy Products: Shell introduced world-class fuels like Shell V-Power and advanced lubricants like Shell Helix and Rimula, raising the bar for product quality in the South African market

Infrastructure Development: Investments in refining, logistics, and fuel storage infrastructure ensured continuity of supply across regions, supporting commerce, transport, and critical services

departure from such a visible part of its South African operations seemed to signal disengagement.

Shell’s exit from the downstream market leaves behind not just infrastructure but opportunity The company’s assets, including service stations, supply terminals, and logistics networks, are already attracting interest from global energy players such as Adnoc,

Despite the uncertainty, Shell leaves a playbook that future operators, be they global giants or local entrepreneurs, can learn from:

Customer-Centric Innovation: From contactless payment systems to the Shell V+ Rewards programme, Shell prioritised the modern, mobile consumer

Operational Excellence: Its supply chain efficiency, site maintenance, and safety protocols were best-in-class

Community Engagement: Shell’s corporate social responsibility was structured and long-term in vision.

South Africa’s downstream energy market now has a benchmark to surpass, not just maintain

A LEGACY OF LEADERSHIP, A FUTURE OF POSSIBILITY

Shell South Africa’s decision to exit the downstream business is not the end of an era, it’s the beginning of a shift Its legacy of innovation, integrity, and impact continues to shape the industry even in its partial absence

As South Africa enters a new chapter of its energy journey, fueled by climate imperatives, demographic growth, and technological change, the lessons, systems, and values Shell leaves behind will be crucial

And though Shell’s visible footprint may recede, its influence, like the energy it provided, will continue to flow

Shell SA Spokesperson, Pam Ntaka stated the following,

During the divestment process, we will work to preserve Shell Downstream South Africa's operating capabilities, maintain the Shell brand presence, and secure the best possible outcome for our people and customers in South Africa under new ownership.

Tiber Construction FROMHUMBLEBEGINNINGS TOINDUSTRYLEADER:TIBER CONSTRUCTION’S ASTONISHINGDECADEOF GROWTH

In the landscape of South Africa's construction industry, few names resonate with as much prestige and reliability as Tiber Construction

Established in 1951, this privately owned company has not only withstood the test of time but has also thrived, adapting to industry evolutions and setting benchmarks in construction excellence.

A LEGACY OF EXCELLENCE

Tiber Construction's journey began over seven decades ago, and its evolution into a leader in the South African construction sector is a testament to its unwavering commitment to quality and innovation

The company's ethos is deeply rooted in a culture of loyalty and service, upheld by a highly skilled and experienced management team and workforce This hands-on approach ensures sustainable, quality outcomes across all projects

The company's extensive experience enables it to offer a collaborative range of comprehensive construction solutions, including:

Traditional Building Contracts

Special Projects

Full Turnkey Solutions

Client Partnering

Property Development and Management

Modular Construction

This diverse portfolio allows Tiber to cater to a wide array of client needs which reinforce its position as a versatile and dependable construction partner

ADAPTING TO MODERN CHALLENGES

In an industry characterised by rapid change and technological advancement, Tiber's ability to adapt has been pivotal

The company places a strong emphasis on research and development, particularly in exploring alternative construction methods

A notable example is its embrace of modular construction techniques, which involve building elements offsite in a controlled environment before assembly on-site

This method enhances quality control, reduces construction time, and minimises environmental impact

A landmark project showcasing this innovation is the recently completed Hi Hotel in Johannesburg

This development is the first of its kind in South Africa, with all 123 rooms constructed off-site using modular techniques Such projects underscore Tiber's commitment to pioneering modern construction methodologies that meet contemporary demands for efficiency and sustainability

LEADERSHIP AND NOTABLE PROJECTS

The strength of Tiber Construction lies significantly in its leadership CEO Fernando Cardoso, who has been with the company since 1981, and Managing Director Jose Correia, who joined in 1994, exemplify the company's dedication to internal growth and mentorship. Their combined experience and hands-on management style have been instrumental in navigating the company through both prosperous and challenging times

Our sustainability has been reinforced by our ability to adapt to an ever-changing environment, through research and development in alternative construction methods and constant evolution of construction solutions.

Tiber's portfolio is adorned with numerous significant projects that have contributed to South Africa's infrastructural development. A recent example is the R1 billion commercial development at O R Tambo International Airport, which includes the headquarters for Airports Company South Africa (ACSA) and the South African Civil Aviation Authority This project exemplifies Tiber's capability to deliver large-scale, complex developments in partnership with other industry leaders

COMMITMENT TO HEALTH, SAFETY AND CORPORATE SOCIAL RESPONSIBILITY

Tiber Construction prioritises health and safety across all its operations

The company implements a formal Safety and Loss Control program, with regular independent inspections conducted on all building sites and

at its Village Deep Plant and Equipment Yard. This commitment ensures a safe working environment for all employees and stakeholders

Beyond its construction endeavours, Tiber is actively involved in corporate social responsibility initiatives

The company supports various community development programs and invests in the upliftment of disadvantaged communities, reflecting its commitment to contributing positively to society

LOOKING AHEAD

As Tiber Construction, its vision remains clearly defined, with a focus on contributing to the growth and prosperity of South Africa The company's adaptability, commitment to quality, and innovative approach position it well to continue its legacy of excellence in the construction industry.

In conclusion, Tiber Construction's remarkable journey is a testament to its resilience, innovation, and unwavering commitment to excellence

As the company continues to adapt to the evolving construction landscape, it stands as a beacon of success and a model for others in the industry to emulate

Tiber Construction

African Minera

How Afric Minerals Sustainab

Over the past ye solidified its pos mining company influenced the in initiatives and s

Founded in 2004 entrepreneur Pa from a series of acquisitions, no ARMGold and A

This consolidati establishing ARM encompassing c ore, manganese group metals (P company's strat Gold further dive gold sector

Expansion into Manganese Alloys Production: ARM extended its operations beyond South Africa by establishing a presence in Malaysia, where it produces manganese alloys

Strategic Joint Ventures: The company has a history of successful joint ventures, leveraging partnerships to enhance operated resource management

Leadership Transition: In May 2023, ARM underwent a significant leadership change when Mike Schmidt stepped down as CEO to the role of Executive of Growth and Strategic Development.

Phillip Tobias, formerly the Chief Operating Officer, assumed the position of CEO, bringing a renewed focus on strategic growth and diversification

GROWTH AND CURRENT PROJECTS

ARM's commitment to growth is evident through its substantial investments in various projects aimed at enhancing production capacity and operational efficiency:

Black Rock Mine Expansion: The company is ramping up production at the Black Rock Mine, aiming to achieve 4.6 million tonnes per annum

AFRICAN RAINBOW MINERALS

Two Rivers Mine Enhancement: ARM increased milling capacity by 40,000 tonnes per month at the Two Rivers Mine, enabling the operation to reach a target of 330,000 6E PGM ounces per annum by the financial year 2026 Additionally, the R5 7 billion Merensky Project at Two Rivers is set to boost production volumes by 182,000 6E PGM ounces, along with significant nickel and copper outputs

Diversification into Chrome and Copper: In response to market dynamics, particularly the decline in PGM prices, ARM has pivoted towards chrome and copper opportunities The board approved the construction of a chrome recovery plant at the Bokoni platinum mine, aiming to generate additional revenue and dilute overall operating costs

LEADERSHIP PERSPECTIVES

Under the guidance of its leadership, ARM continues to navigate the complexities of the mining industry with strategic foresight

ARM acquired a 15% stake in Surge Copper, aligning with its strategy to diversify into critical metals essential for renewable energy systems

ARM’s influence in the African mining sector extends beyond its financial and operational achievements The company has set benchmarks in sustainable mining practices, community engagement, and innovative growth strategies.

Its commitment to responsible mining and investment in local communities have not only bolstered its reputation but also enhanced the overall industry standards within the continent

Chrome and copper are designed to position ARM at the forefront of the evolving mining landscape, ensuring sustainable growth and value creation for our stakeholders.
ow Fermel’s Bold Innovations Are Redefining the uture of Mining. Discover What’s Next!

Established over five decades ago, this Johannesburg-based company has evolved into a global leader in the design and manufacture of underground mining equipment. Their unwavering commitment to quality and technological advancement has not only propelled their growth but also significantly influenced the mining sector both locally and internationally.

FERMEL

A Legacy of Innovation

Founded in 1962 as Impala Engineering Works in Johannesburg, Fermel began its journey with a modest workshop. Over the years, it has transformed into a formidable force in the mining equipment manufacturing industry The company's headquarters and assembly plants are now situated in Wadeville, Gauteng Province, where they continue to produce a diverse range of underground, trackless mining machinery

PRODUCT EXCELLENCE AND TECHNOLOGICAL ADVANCEMENTS

Fermel's product portfolio is a testament to their engineering prowess and commitment to safety and efficiency Their offerings include:

Articulated Dump Trucks: Designed for optimal performance in challenging underground environments

Scissors Lifts: Providing safe and efficient access solutions for maintenance and operations

Personnel Carriers: Ensuring the safe transport of personnel within mining sites

Haulers and Forklifts: Facilitating the movement of materials and equipment with ease

A notable innovation is their Flameproof Electric Shuttle, a batterypowered vehicle designed for safe operation in hazardous mining conditions

The imminent shipment of this Electric Shuttle to India for operation in the Southeastern Coalfields underscores Fermel's commitment to sustainable and safe mining solutions

GLOBAL EXPANSION AND INDUSTRY RECOGNITION

Fermel's dedication to quality and innovation has garnered international recognition Their equipment is utilised in various mining operations worldwide, reflecting the company's ability to meet diverse operational requirements The shipment of the Flameproof Electric Shuttle to India exemplifies Fermel's expanding global footprint and their role in advancing mining technology on an international scale

Fermel's contributions to the mining industry have been acknowledged through various accolades and milestones The company's focus on understanding operational challenges and providing reliable, productive, sustainable, and safe technology has solidified their reputation as a leader in mining equipment manufacturing.

Fermel’s commitment to continuous product development and understanding operational challenges enables them to provide reliable, productive, sustainable, and safe technology to their clients

FUTURE OUTLOOK

As Fermel celebrates over five decades of excellence, the company remains focused on innovation and growth. Their strategic initiatives aim to expand their product offerings, enhance technological capabilities, and strengthen their global presence By staying attuned to industry trends and client needs, Fermel will continue its legacy of excellence in the mining equipment manufacturing sector

Fermel's journey from a small Johannesburg workshop to a globally recognised leader in underground mining equipment manufacturing is a testament to their unwavering commitment to quality, innovation, and sustainability Fermel remains a cornerstone of the mining equipment manufacturing sector, both in South Africa and on the global stage

Stewarts and Lloyds was established in 1903. This South Afric also played a pivotal role in shaping the continent's infrastruct

s & Lloyds

HOWSTEWARTSANDLLOYDS

TANANDWHAT’SNEXT

an steel supplier has not only withstood the test of time but has ure and industrial development.

Stewards and Lloyds

The origins of Stewarts and Lloyds trace back to 1898 when the British-owned company Lloyd & Lloyd opened branches in Cape Town and Kimberley In 1903, the company was officially incorporated as Stewarts and Lloyds (SA) Limited, with a share capital of R17 489 605,20

Throughout the 20th century, Stewarts and Lloyds expanded its operations, establishing branches in major cities and towns across South Africa The company diversified its product offerings to include a wide range of steel and tube products, catering to various industries

A CENTURY OF EXCELLENCE

The head office and works were established in Vereeniging, where the company embarked on constructing the first seamless tube-making plant in the Southern Hemisphere

ACHIEVEMENTS AND EXPANSION:

In 1910, Stewarts and Lloyds made a significant advancement by constructing the Tube Works at Vereeniging, overcoming numerous challenges to establish the first seamless tube-making plant in the Southern Hemisphere

In 2023, Stewarts and Lloyds celebrated its 120th anniversary. This milestone not only commemorated the company's rich history but also highlighted its ongoing commitment to excellence and customer satisfaction

As Stewarts and Lloyds approaches new anniversary, the company remains steadfast in its mission to provide highquality steel products and services

With a focus on innovation, customer satisfaction, and sustainable practices, Stewarts and Lloyds is poised to continue its legacy of excellence in the steel supply industry for years to come

This innovation not only positioned the company as a leader in steel production but also laid the foundation for its future growth and expansion

such as construction, mining, and agriculture This strategic diversification enabled Stewarts and Lloyds to become a market leader in several sectors, including light and general engineering, building and construction, mining, and water reticulation

RECENT DEVELOPMENTS

In recent years, Stewarts and Lloyds has continued to innovate and expand its product offerings The company has ventured into the export market, leveraging its 118 years of trade history and qualified

personnel to provide high-quality s products to international markets expansion underscores Stewarts a Lloyds' dedication to growth and i ability to adapt to the dynamic glo market

Stewarts & Lloyds has consistentl pursued innovation and expansion 2022, the company established St & Lloyds Projects and Contracts (P Ltd, a subsidiary focused on servin civil and construction sectors Thi initiative underscores the compan dedication to providing high-qualit engineering, mining, water, gas, an building materials across South Africa and other African nations

In August 2022, Stewarts & Lloyds raised R330,000 through its "Break the Cycle" campaign, donating the proceeds to three women and children's charities. This effort reflects the company's dedication to social responsibility and support for vulnerable communities

The company has been instrumental in shaping industry standards and practices, setting benchmarks for quality and service in the steel supply sector Its commitment to innovation and excellence has earned it a reputation as a trusted partner in various industries, contributing significantly to the development of South Africa's infrastructure and economy

humble beginnings in 1903 to its current status as a leading steel supplier in South Africa is a testament to its resilience, innovation, and commitment to excellence.

Over the past century, the company has not only contributed to the industrialisation of South Africa but has also set a standard for quality and service in the steel supply industry.

YNF ENGINEERING

ISYNFENGINEERING AFRICA’SMOSTPOWERFUL ENGINEERINGFORCE? DISCOVERTHEIRSECRETS TOUNSTOPPABLEGROWTH

Established in 1995, YNF Engineering has evolved from a modest enterprise into a formidable force in the engineering sector, leaving an indelible mark on the continent's infrastructure and industrial development

Over the past 29 years, YNF Engineering has solidified its reputation as a leader in the engineering domain.

The company's expansive facilities, spanning over 100,000 square meters, are a testament to its growth and commitment to excellence. Employing a skilled workforce of over 3500 professionals, YNF Engineering has successfully serviced more than 500 locomotives, refurbished over 500 passenger coaches, and revitalised upwards of 50+ wagons.

YNF ENGINEERING

CORE SERVICES AND INNOVATIONS

YNFEngineering'sdiverseservice offeringsencompass:

Engineering Services: Delivering innovative solutions from substation construction and maintenance to turbine support, ensuring the seamless operation of critical infrastructure

Rolling Stock: Specialising in the design, refurbishment, and ongoing maintenance of locomotives, passenger coaches, and wagons, tailored to meet specific operational requirements

Track & Rail: Laying the foundation for safer, more efficient rail systems through expertise in track laying, electrification, and signalling

Rotating Machines: Providing precision repairs and maintenance of AC/DC motors and traction components, ensuring peak reliability

Plant & Equipment Hire: Equipping projects with the right machinery, from cranes and bulldozers to excavators, ensuring every job is handled with utmost precision and efficiency

Telecommunications: Connecting the future with robust communication solutions, from fibre optics to VoIP systems, ensuring seamless and reliable network infrastructure

NOTABLE ACHIEVEMENTS AND MILESTONES

YNF Engineering's journey is marked by several significant milestones such as:

Rolling Stock Overhaul Contracts: In July 2022, the Passenger Rail Agency of South Africa awarded YNF Engineering a substantial contract valued at R7.5 billion for the general overhaul of older rolling stock

This five-year contract involved the heavy maintenance and repair of approximately 380 to 400 coaches annually, addressing the backlog in rolling-stock repair and refurbishment

B-BBEE Level 1 Accreditation: YNF Engineering has achieved a Level 1 Broad-Based Black Economic

Empowerment (B-BBEE) status, underscoring its commitment to transformation and empowerment within the South African economy.

Legal Challenges: In early 2024, YNF Engineering faced legal challenges concerning the PRASA rolling stock refurbishment tender

INFLUENCE ON THE INDUSTRY

YNFEngineering'simpactextends beyonditsprojectsandcontracts. Asa100%BlackWomen-Owned enterprise,thecompanystandsasa beaconofempowermentand transformationinatraditionally male-dominatedindustry.Its dedicationtoqualityandinnovation hassetnewstandardsin engineeringexcellence,inspiringa newgenerationofprofessionals andentrepreneursacrossAfrica.

YNF Engineering's journey, significant achievements, profound industry influence and its current status as a leading engineering firm in Africa continues to set the benchmark for engineering excellence in Africa

LOOKING AHEAD

As YNF Engineering continues to expand its horizons, the company remains steadfast in its mission to drive progress and innovation. With a robust portfolio of ongoing

projects and a strategic vision for the future, YNF Engineering is poised to play a pivotal role in shaping Africa's engineering landscape for years to come

YNF Engineering commitment to excellence and innovation. They are dedicated to delivering solutions that not only meet but exceed the expectations of their clients, contributing to the sustainable development of

PIENAAR BROS

SHOCKINGGROWTH. HOWPIENAARBROS BECAMETHEGO-TO PPESUPPLIER ACROSSSOUTHERN AFRICA

Pienaar Bros has been trading for more than 50 years They evolved into one of the largest distributors of personal protective equipment (PPE) in the region, with a footprint extending across South Africa, Botswana, and Mozambique

Pienaar Bros

FOUNDATIONS OF EXCELLENCE

From its inception, Pienaar Bros has been driven by a core philosophy centered on knowledge, quality, and availability This approach has enabled the company to provide tailored solutions to a diverse clientele, ranging from mining and construction to manufacturing and agriculture By leveraging strong relationships with both local and international suppliers, Pienaar Bros ensures access to the latest and most reliable PPE products

STRATEGIC EXPANSION AND COMMITMENT TO QUALITY

Over the years, Pienaar Bros has strategically expanded its operations to meet the growing demand for quality PPE With a stock inventory exceeding R80 million, the company is wellequipped to serve approximately 3,000 customers reliably and efficiently

The extensive network of 18 branches and numerous on-site stores across Southern Africa underscores Pienaar Bros' commitment to accessibility and

customer satisfaction

At the heart of Pienaar Bros' success is an unwavering dedication to excellence in price, quality, and service The company's experienced and motivated staff work diligently to meet the varied requirements of their customers, ensuring that each solution is both practical and necessary This customercentric approach has solidified Pienaar Bros' reputation as a trusted partner in workplace safety.

PRODUCT OFFERINGS AND RECENT DEVELOPMENTS

Pienaar Bros offers a comprehensive range of PPE products, including respiratory protection, hearing protection, head protection, general workwear, safety footwear, and more By continuously seeking out world-class products and suppliers, the company ensures that its customers have access to the best available solutions for their specific needs.

In recent years, Pienaar Bros has continued to innovate and adapt to the evolving needs of the market The

company's commitment to excellence is evident in its ongoing efforts to expand its product range and enhance customer service Looking ahead, Pienaar Bros aims to further solidify its position as a leading supplier of PPE in Southern Africa, continually striving to bring safety to the workplace

INDUSTRY LEADERSHIP AND RECOGNITION

Beyonditsextensiveproductofferings, PienaarBrosisrecognisedforitshandsonapproachtosafety Thecompany maintainsthelargeststockofleading internationalPPEbrands,suchas3M andAnsell,andworkscloselywith

customers to provide complete protection solutions. This proactive engagement has positioned Pienaar Bros as a leader in the PPE industry, contributing significantly to health and safety standards across various sectors.

At the helm of Pienaar Bros is Managing Director Warren Spiro, whose strategic vision has been instrumental in the company's growth Under his guidance, Pienaar Bros has expanded its footprint, including the recent inauguration of branches in Durban and Pietermaritzburg

Reflecting on these developments, Spiro stated:

We are incredibly proud of our team for the hard work and dedication put into opening a store of this magnitude and extend our sincere appreciation to our suppliers. They have supported us throughout the journey to ensure that we are able to service our clients

Managing Director Warren Spiro with the best in safety solutions that both the country and the world has to offer.

This sentiment underscores the collaborative ethos between Pienaar Bros' leadership, its employees, and supply partners, fostering a unified approach to delivering top-tier safety solutions

The journey of Pienaar Bros is a testament to the visionary leadership and unwavering commitment to quality, safety, and customer satisfaction As the company continues to expand and innovate, it remains steadfast in its mission to provide superior protection solutions, ensuring that workplace safety is always a top priority

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