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Natasha Odendaal

Natasha Odendaal

Natasha Odendaal is Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

The African way of Western leadership practices can lead to business success, study finds

22nd March 2017 A hybrid approach to leadership, merging Western and African styles, may be key to business success in African markets, a new Nelson Mandela Metropolitan University (NMMU) Business School study has found. Despite the significant differences, a combination of Western pragmatism and African... 

Alecto prepares for first blast at Mowana project

22nd March 2017 Alecto Minerals is “moving at speed” towards delivering continuous production and first sales from the Mowana copper project, in Botswana, with the first blast expected to take place within days. With appointed drill and blast contractor Capital Drilling mobilising its equipment to site, an... 

Rainbow progresses Burundi rare earths project

22nd March 2017 Rare earth elements mining company Rainbow Rare Earths has started work on the now fully permitted Gakara rare earths project, in Burundi, ahead of trial mining. Following its $8-million fundraising and successful initial public offering (IPO) on the LSE in January, preparation for mining at... 

Jasco acquires 65% stake in Cross Fire for R52m

22nd March 2017 JSE-listed Jasco is acquiring a 65.4% stake in Cross Fire in a R52.3-million deal with Cross Fire management and its Cross Fire founder John Cross. The addition of Cross Fire will bolster Jasco’s existing fire solutions portfolio in the blue-chip corporate market and lift it into the top three... 

G20’s Compact with Africa launched with widespread support

20th March 2017 Clear support emerged last week from Group of 20 (G20) members’ Finance Ministers and central bank governors for the broadening of international economic and financial cooperation with African countries to “foster sustainable and inclusive growth” in line with the African Union’s Agenda 2063. At... 

South Africa needs a water-conscious, water-smart approach to mitigating looming water deficit

20th March 2017 A new report ‘Scenarios for the future of water South Africa’ has revealed how the drought-stricken, water-scarce country needs to transition towards a water-conscious, water smart economy with stronger water governance. In the report unpacking various scenarios, the World Wide Fund for Nature... 

Bushveld secures financing to aid in acquisition of SMC stake

20th March 2017 Aim-listed Bushveld Minerals has secured a definitive sales and marketing agreement with Wogen Resources to aid the financing of Bushveld Vametco’s acquisition of a 78.8% interest in Strategic Minerals Corporation (SMC) from Evraz. Bushveld Minerals announced on Monday that the five-year... 

Sentula narrows H1 headline loss, but basic loss widens

20th March 2017 JSE-listed Sentula Mining expects to report a widened loss a share but a narrowed headline loss a share when it publishes its results for the six months ended December 31. In a trading update, Sentula, which had changed its year-end from March 31 to June 30, said its first-half loss a share was... 

DBSA secures $100m AFD loan facility to support continental activity

17th March 2017 The Development Bank of Southern Africa (DBSA) has secured a $100-million loan facility from the Agence Française de Développement (AFD), earmarked for energy, water, transport and information and communication technology infrastructure across Africa. The DBSA aims to continue to advance... 

Evowood’s Estcourt mill dismisses 434 workers, remains closed after protracted strike action

17th March 2017 Some 434 Estcourt mill workers have been dismissed by hardboard manufacturer Evowood following protracted illegal strike action and a subsequent production stoppage costing the company more than R2-million a day. The workers were dismissed following a disciplinary process and a February 27 Labour... 

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