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Marleny Arnoldi

Marleny Arnoldi

Marleny Arnoldi is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

South African M&A activity declined in H1 – Baker McKenzie

10th September 2018 Analysis by law firm Baker McKenzie of Thomson Reuters’ data finds that merger and acquisition activity in South Africa declined, in terms of the volume and value of domestic and cross-border deals, in the first half of this year. Transactions fell by 44% and volume and value fell by 52%,... 

Stor-Age to acquire self-storage properties in major cities for R58m

10th September 2018 JSE-listed real estate investment trust Stor-Age has entered into agreements to acquire Roeland Street Investments 2 (RSI2) and Roeland Street Investments 3 (RSI3), for R58-million. RSI2 is being sold by Acucap Investments – a subsidiary of Growthpoint Properties, Stor-Age Property Holdings... 

Solidarity CE writes open letter to Sasol directors amid ongoing strike

10th September 2018 Solidarity CE Dr Dirk Hermann has written an open letter to two Sasol directors, on the eve of the union’s lawsuit to seek approval for a Section 77 application at the High Court, which will enable all the union’s members nationwide to strike along with those members employed at Sasol, who have... 

Agribusiness confidence declines significantly in third quarter – index

10th September 2018 The Agbiz/Industrial Development Corporation (IDC) Agribusiness Confidence Index has fallen below the neutral 50-point mark, declining by six points to 48 in the third quarter of the year – the lowest level since the second quarter of 2016, which was a drought year. Agbiz states that while the... 

Crade Arc signs Mali project exploration agreement with Indiana Resources

10th September 2018 Aim-listed copper and gold miner Cradle Arc’s subsidiary Caracal Gold Mali has entered into a joint venture (JV) agreement with Mukuyu Resources for the exploration and development of Cradle’s 137 km2 Kossanto West gold project, in Mali. The area comprises the Kobokoto and Koussikoto... 

Fortress secures blue-chip tenant Vodacom for Louwlardia logistics park

10th September 2018 Real estate investment trust Fortress has secured telecoms and services provider Vodacom as a new tenant at its Louwlardia logistics park development, in Centurion, Gauteng, on a five-year lease, with the option to renew for a further five years. Vodacom will occupy a 17 000 m2 warehouse at... 

TNPA to prioritise ship repairs, oil and gas facilities at Cape Town, Saldanha ports

10th September 2018 Transnet National Ports Authority (TNPA) has identified infrastructure and port development projects that will be prioritised at its Cape Town and Saldanha ports. This was announced following the Western Cape Regional Customer Forum, held on August 31. The forum is aimed at aligning TNPA’s... 

Solidarity welcomes CCMA’s offer to resolve Sasol dispute

7th September 2018 The Commission for Conciliation, Mediation and Arbitration (CCMA) has offered its assistance to defuse Solidarity’s strike at petrochemicals giant Sasol, the trade union reported on Friday. This follows after thousands of workers participated in a protest march outside Sasol’s operations in... 

Saice parts ways with CEO following controversial opinion piece

7th September 2018 The South African Institution of Civil Engineering (Saice) has decided to part ways with its CEO, after Manglin Pillay penned a controversial opinion piece on women in science, technology, engineering and mathematics (Stem) careers. Following outraged reactions to the article, titled ‘Out on a... 

EPP reports strong portfolio, income growth

7th September 2018 JSE-listed Polish property company EPP has declared a distribution growth of 12% apiece to 5.82c for the six months ended June 30, compared with 5.19c in the first half of 2017, placing the company on track to deliver full year dividends of between 11.6 and 11.8c apiece. EPP’s results show... 

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