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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

Nepad advocates centralised bankable project information hub

25th July 2017 The New Partnership for Africa's Development (Nepad) Infrastructure Project Preparation Facility (IPPF) is suggesting that a one-stop shop initiative – comprising a project hub and a help desk – be established to promote bankable projects in Africa, with the aim of increasing the accessibility of... 

UP researchers join fight against avian flu

25th July 2017 With four South African farms having been hit by the current bird flu outbreak, University of Pretoria (UP) researchers have joined the poultry industry and the Department of Agriculture, Forestry and Fisheries (DAFF) to contain the highly pathogenic avian influenza, or H5N8 variant of bird flu.... 

FNB, DTI pledge to make finance, incentive access easier for black industrialists

25th July 2017 As the Department of Trade and Industry (DTI) marks some successes with its Black Industrialists Programme, the department and financial institution First National Bank (FNB) have inked a deal that will pave the way for improved access to finance for black industrialists. A collaborative pledge,... 

Political uncertainty leads to drop in M&A deals in Africa in Q2

25th July 2017 Inbound merger and acquisition (M&A) deals in Africa plunged 48% from 33 in the second quarter of 2016, and 45% from 31 in the first quarter of this year, to just 17 in the second quarter of this year. The total deal value for inbound deals decreased to $780-million – an 83% year-on-year and an... 

IMF maintains world economic growth forecast

24th July 2017 The International Monetary Fund (IMF) on Monday maintained its global growth forecast at 3.5% for 2017 and 3.6% for 2018. Its latest World Economic Outlook update, published on Monday, shows economic activity in both advanced economies and emerging and developing economies accelerating this year... 

Petra eyes double-digit growth in FY18 production

24th July 2017 Diamond miner Petra Diamonds has tabled a production guidance for the 2018 financial year of between 4.8-million and five-million carats, up 23% on the year ended June 30, 2017, on the back of the continued roll-out of expansion programmes. With continual increases in production, the company set... 

Adcock expects surge in FY17 earnings

24th July 2017 JSE-listed Adcock Ingram expects continued recovery with a “very satisfying improvement” in earnings per share (EPS) and headline earnings per share (HEPS) for the year ended June 30. The company expects EPS and HEPS for the year under review to surge 220% and 30% respectively to 324.5c and 297.3c. 

Moratorium likely beyond Zwane’s power – law firm

24th July 2017 A controversial proposed mineral rights moratorium may very well be beyond the scope of Mineral Resources Minister Mosebenzi Zwane's powers. Zwane last week gazetted an invitation to comment on a proposal to restrict the granting of new mining and prospecting rights applications and to restrict... 

Group Five expects to swing to loss for FY17

24th July 2017 JSE-listed Group Five expects to report full-year losses as its Engineering & Construction (E&C) cluster continues to disappoint. The construction group anticipates a 590c loss and headline loss a share for the year ended June 30, compared with the reported earnings a share of 375c and headline... 

Randgold continues to seek out Tongon life extension prospects

24th July 2017 With the Tongon gold mine, in Côte d’Ivoire, operating to plan, West Africa-focused gold miner Randgold Resources has shifted its focus to the discovery of additional reserves and resources. Tongon continued to ramp up production, tracking the 2017 output target of 285 000 oz of gold, CEO Mark... 

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