Tag: Economy
Bobcat has announced a number of new developments in the company’s Authorised Dealer network in Africa, with new appointments and other changes across the continent.Machinery Exchange
New Authorised Dealers in Zimbabwe and Sudan
As part of changes in the countries bordering...
According to the world’s biggest machinery and heavy equipment auctioneers, India is emerging as an important buyer market for used Middle Eastern mobile cranes and heavy lifting equipment.
In 2020, Ritchie Bros. Middle East experienced a gradual increase in demand...
Lintec & Linnhoff has ended its partnership with Ardent Maschinenfabrik (formerly known as Linnhoff India) as of January 7, 2021. All previous manufacturing and distribution of the company’s products through Ardent has ceased and the company is no longer...
Senegal is to boost its position as a trade hub for Africa by joining the World Logistics Passport, a major initiative by Dubai to link nations around the world and increase South-South trade. The framework agreement was signed by...
COVID SURVEY by CECE, ERA and LECTURA:
Covid Special, part 8
Following the spread of the virus, many countries started implementing several measures to reduce the movement of people, and that has mainly obstructed the heavy machinery industry because it usually...
Covid-19 by no means spared the construction machinery sector. In the wake of lockdown measures, between January and June the Italian construction and site vehicle market shrank overall by 20%. Results were no better elsewhere in world, with sales...
Cummins Inc. has shipped about 800 QSK60 series engines from its factories in Daventry in the UK and Phaltan in India to China, where they are being used to build power generators. These power generators will be mainly installed...
The prevailing coronavirus (COVID-19) pandemic has meant machine fairs this year have been either cancelled or postponed worldwide. Fairs traditionally have provided an easy way to demonstrate technically advanced products. So instead of fairs, Engcon has decided to arrange...
The practice of leasing heavy machinery construction equipment instead of purchasing it has proven to be beneficial for all sizes of companies across the world. This has resulted in the robust growth of the construction equipment rental market. Major...
Re-emerging from the ruins of the economy-crippling COVID-19 pandemic presents South Africa with an opportunity to arise with a renewed economy that addresses the country’s social deficiencies.
This was the potent message delivered by President Cyril Ramaphosa in a livestreamed...
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