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Natasha Odendaal

Natasha Odendaal

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

MTN returns to FY profitability

8th March 2018 JSE-listed MTN on Thursday posted a turnaround in its earnings for the year ended December 31, with a full-year return to profitability after plunging into the red last year for the first time in its two-decade history. Reported headline earnings per share (HEPS) for the year under review climbed... 

Jubilee delivers positive results in final six months of 2017

7th March 2018 Aim- and AltX-listed Jubilee has pushed its earnings into positive territory during the six months ended December 31, following the inclusion of the low-cost Hernic ferrochrome platinum and chrome tailings operations for a full six months. The group on Wednesday posted an increase in earnings... 

Gauteng allocates large chunk of 2018/19 budget to health, education

6th March 2018 The Gauteng departments of Education and Health have secured the largest slices of Gauteng’s R121.2-billion budget for the 2018/19 financial year. This year’s budget sets aside R46.4-billion for the Department of Health, an increase of R4.4-billion on the prior year, and R45.2-billion for the... 

Icasa to finalise End-user and Subscriber Service Charter Regulations by end April

1st March 2018 The Independent Communications Authority of South Africa (Icasa) plans to publish the final End-user and Subscriber Service Charter Regulations by the end of April following a round of public hearings to unpack industry submissions over the perceived high cost of data and high out-of-bundles data... 

Edenville Energy inks one-year coal supply deal for Rukwa

27th February 2018 Aim-listed Edenville Energy has signed a one-year contract for a minimum of 2 000 t/m of coal with an East African industrial user, with further trial orders of several thousand tonnes of coal for other potential customers being filled. The company, which is selling all orders at commercial... 

Township economy, jobs remain top priority for Gauteng

26th February 2018 Gauteng Premier David Makhura’s State of the Province Address (SoPA) has highlighted “greater determination” to accelerate South Africa’s most populous province’s radical transformation, modernisation and reindustrialisation programme, particularly the revitalisation of the township economy and... 

Cape Town open for business despite water shortage

23rd February 2018 South African Tourism CEO Sisa Ntshona, Wesgro CEO Tim Harris and Tsogo Sun COO and Tourism Business Council deputy chairperson Ravi Nadasen in February convened in Johannesburg to discuss the Cape Town water crisis and the impact on tourism. South African Tourism, the Tourism Business Council of... 

Jasco acquires Ramm Technologies stake to bolster technology offering

23rd February 2018 JSE-listed Jasco Electronics has acquired a 51% stake in Ramm Technologies for R30.6-million in a deal that will allow it entry into asset-tracking markets through Internet of Things (IoT) platforms, as well as provide further growth in new sectors and several cross-selling opportunities. Ramm,... 

Kibaran eager to engage Tanzania’s new Minerals Commission

23rd February 2018 ASX-listed Kibaran Resources stands ready to present its Epanko graphite project to Tanzania’s yet-to-be-established Minerals Commission to start discussions over “silent” matters and the impact on the proposed Epanko debt financing arrangements. Kibaran said it had reviewed the mining... 

Avesoro set to acquire $10.3m in heavy mining equipment

22nd February 2018 TSX- and Aim-listed Avesoro Resources’ Bea Mountain Mining subsidiary has entered into equipment finance agreements to acquire $10.3-million in heavy mining and additional auxiliary equipment for the New Liberty gold mine, in Liberia. The equipment finance facility agreements with Mapa İnşaat ve... 

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