After eight years as CEO and nearly 45 years of service, Caterpillar Inc. (NYSE: CAT) Chairman and CEO D. James Umpleby III will become Executive Chairman of the Board effective May 1. Chief Operating Officer (COO) Joseph E. Creed, a 28-year Caterpillar veteran, will succeed him as CEO and join the Board of Directors May 1.

The leading Southern African supplier of cement and related products, PPC Ltd (PPC), has signed a memorandum of agreement with Sinoma Overseas Development Company Ltd (Sinoma) for the construction of a new R3 billion state-of-the-art integrated cement plant in the Western Cape.

Multotec is saddened to announce the passing of Ernst Joachim (EJ) Holtz, co-founder and former CEO of Multotec who left an indelible mark on the company. Holtz served as the Group CEO from inception until his son Thomas Holtz was appointed to the role in 2008. He leaves behind a 50-year legacy of innovation and dedication, having played a crucial role in shaping Multotec into the global leader it is today. His contributions to the company and the South African mining industry are immeasurable and will be remembered for generations to come.

African Group Lubricants (AG Lubricants) a subsidiary of JSE-listed enX Group, is pleased to announce the promotion of Jake Govender from Sales Director to Chief Executive Officer, effective immediately. He succeeds Mark Kerwan, who has moved on to new opportunities. The AG Lubricants board expressed gratitude for Mark’s contributions and leadership.

RS South Africa, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions, will exhibit at MTE Steelport on 3 October in Limpopo and at MTE Sibanye-Stillwater on 24 October in Gauteng.