The company has noted with concern various recent media releases regarding the fire accident that occurred at the Pretoria West plant that cited a number of factual inaccuracies.  This update is intended to correct the inaccuracies and share a factual account of the situation.

On Sunday, 7 March 2021, at approximately 16h30, a fire was reported and extinguished at the SGB-SMIT POWER MATLA Pretoria West plant. Our Test Board team was in the process of performing a temperature rise test on one of our units when the fire started.

The investigation is presently underway to determine root causes, corrective actions and future preventative measures. The initial cause is an incipient fire that could not be safely extinguished by the team on site on Sunday, which occurred whilst performing their testing duties.

There were a number of immediate actions that were taken to manage the situation and contain further impact, which included but not limited to the following:

All employees that directly worked in the affected section were immediately and safely evacuated to the emergency outdoor assembly safe area, immediate power sources to the building and supply of fuel sources to the affected section of the plant was isolated by SSPM staff, the City of Tshwane Fire Brigade and the City of Tshwane emergency services were immediately called for assistance.  The  fire was successfully extinguished much later in the night.  Furthermore, the plant was monitored till after midnight to respond to any secondary fires.

The accident is an unfortunate and unplanned event, but we are relieved to report that no injuries were recorded. On arrival of the medical emergency service, our employees underwent the usual vital monitoring checks.  It is also important to report that there was no environmental incident recorded or noted.  All water and other liquid flow was contained in the existing plant bunding areas, without contamination to the municipal flows.

We reiterate that an investigation is underway to determine the root cause of this fire accident. The factory is currently on lockout whilst the relevant authorities undertake and conclude their investigation.

We confirm that the plant holds a valid permit for the storage and handling of all hazardous chemical substances used, amongst other statutory licenses and permits as required for site operations.

The Cape Town distribution transformer plant is unaffected and continues with normal operations.

The company has embarked on a business recovery plan to ensure operations can resume in Pretoria and has also engaged the various stakeholders involved.

The company remains committed to the health, safety and environmental objectives and would like to assure all stakeholders that the investigation and business recovery will be concluded aligned to these values and commitments.

We thank City of Tshwane and all supporting stakeholders for their response and support.

From the office of the CEO

SGB-SMIT POWER MATLA is owned by SGB-SMIT (GmbH) and Power Matla. SGB-SMIT, is the largest independent and pure-play transformer manufacturer in the world, with headquarters in Regensburg, Germany. They are represented in 80 countries worldwide with plants in Germany, the Netherlands, USA, Romania, Malaysia, India, China and the Czech Republic. With transformer expertise since 1913 they produce transformers ranging from 50 kVA up to 1,200 MVA.  Power Matla (Pty) Ltd is a locally owned black empowered company with investments in various portfolios within the renewable energy, ICT, healthcare, mining and power utilities markets providing good shareholder value and solid returns.