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Gold Fields Ghana to dismiss 1 500 staff as contractor hired

By: Bloomberg     12th December 2017 Gold Fields’ unit in Ghana said it will dismiss 1 500 of its own staff as the company is hiring a contractor to operate its biggest mine in the West African nation. A contractor will take charge of the Tarkwa operations from early 2018 as the deposit’s remaining life span is too short to replace... 

Ghana opens talks with Exxon on deepwater drilling contract

By: Reuters     14th November 2017 Ghana has opened talks with Exxon Mobil Corp to allow the US oil firm to undertake deepwater exploration off its coast, a deputy energy minister said on Monday. "The negotiations are ongoing according to our current laws ... so far so good," Mohamed Amin Adam told Reuters on the sidelines of an... 

Johannesburg ranked most visited city in Africa

By: African News Agency      10th October 2017 South Africa’s most-populated city, Johannesburg, has emerged as the most popular destination city in Africa in 2016 followed by Cape Town, according to the annual Mastercard Global Destination Cities Index released on Tuesday. The Mastercard Global Destination Cities Index showed that... 

Airports Company achieves its best-ever profits

By: Keith Campbell     29th September 2017 Airports Company South Africa (Acsa) achieved a profit of R2-billion for the 2016/2017 financial year (FY), it announced recently, up from R1.9-billion for the FY 2015/2016. “This is probably the best set of results we’ve presented in the history of the company,” affirmed CEO Bongani Maseko at... 

Flsmidth Goes Local In Ghana With New Office Opening

     11th September 2017 FLSmidth is further entrenching its Africa footprint with the opening of a new subsidiary company in Accra, the capital of Ghana. According to Deon de Kock, FLSmidth country head in South Africa and vice president in Sub-Saharan Africa, the move has been made in response to the company’s critical... 

SKA Africa partner countries to collaborate on radio astronomy

By: Mia Breytenbach     8th September 2017 Following the conclusion of the fourth Ministerial meeting of the Square Kilometre Array (SKA) Africa partner countries in Accra, Ghana, last month, members of the nine countries, represented by their science and technology Ministers and Deputy Ministers, signed a memorandum of understanding to... 

Ghana officials showcase progress on international airport project

By: David Oliveira     1st September 2017 The construction of a new terminal at Ghana’s Kotoka International Airport (KIA), in Accra, is expected to transport five-million passengers a year once completed in April next year. The project, funded by the African Development Bank (AfDB), with a $120-million facility, will not only improve... 

Accra Aparthotel project, Ghana

By: Sheila Barradas     1st September 2017 1 Oxford Street, a joint venture between Wonda World Estate, part of the Kwarleyz Group, and the Cola Group, proposes to develop an upmarket, mixed-use development in Accra. 

Atterbury’s Kumasi City Mall development wins the API Award for African retail property

     29th August 2017 Kumasi City Mall, developed by leading South African property development and investment company Atterbury, has won the first ever Africa Property Investment (API) Award for retail real estate. The awards, announced at the recent API Summit and Expo 2017 held in Sandton Central, recognise... 

SKA Africa partner countries to collaborate on radio astronomy

By: Mia Breytenbach     25th August 2017 Following the conclusion of the fourth Ministerial meeting of the Square Kilometre Array (SKA) Africa partner countries in Accra, Ghana, on Thursday, members of the nine countries, represented by their Science and Technology Ministers and Deputy Ministers, signed a memorandum of understanding to... 

South Africa sets up entity to house all radio astronomy facilities

By: Keith Campbell     11th August 2017 South Africa has consolidated its radio astronomy facilities into a single institution, the South African Radio Astronomy Observatory (SARAO). This happened at the end of last month when Science and Technology Minister Naledi Pandor announced that the Hartebeesthoek Radio Astronomy Observatory... 

Ghana, South Africa celebrate first success of African network of telescopes

By: Anine Kilian     4th July 2017 The Ministries of Ghana and South Africa have announced the combination of 'first light' science observations, confirming the successful conversion of a Ghana communications antenna from a redundant telecommunications instrument into a functioning Very Long Baseline Interferometry (VLBI) radio... 

Strides made in smart solutions

By: Tasneem Bulbulia     30th June 2017 An early flood warning app designed for the city of Accra, in Ghana, will make all the difference to the city’s resilience, its people and their future wellbeing, posits Royal HaskoningDHV global business line director water Anke Mastenbroek. The app is a notable example of a smart water solution... 

Sub-Saharan Africa middle class represents R1.3tr a month market

By: Megan van Wyngaardt     19th May 2017 A University of Cape Town (UCT) Unilever Institute of Strategic Marketing initiative, the African Lions research project, has established that the sub-Saharan African middle class, comprising around 100-million people, represents a R1.3-trillion a month market and is growing. Carried out... 

Jasco acquires 65% stake in Cross Fire for R52m

By: Natasha Odendaal     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... 

Standby Power Solution For Ghana Airports Company Of Accra

     14th February 2017 Cummins Power Generation has provided a standby power solution to provide back-up power for Ghana’s six major airports. This major turnkey project was undertaken on behalf of main client Ghana Airports Company Limited of Accra. The back-up power will support air transportation systems in Accra,... 

Africa’s premier professional bootcamp to grace SA this February

     6th February 2017 Launched in 2016 by She Leads Africa, a social enterprise that encourages African women to build the businesses and careers of their dreams, SheHive is gearing up for a South African take over like no other this February. SheHive, an innovative professional bootcamp, which has been hosted in key... 

High- and medium-speed power generation products for South Africa

     2nd December 2016 Power systems provider Rolls-Royce presented its high-speed and medium-speed power generation products, including various power generation solutions in the 24 kW to 9 400 kW range suitable for a wide variety of applications and types of fuel, at Power & Electricity World Africa. The event was... 

Gold from woodchips, grease, mine muck surprises on upside 

By: Martin Creamer     21st November 2016 The recovery of gold from mine waste at Goldplat Recovery in Benoni generates a surprisingly high level of revenue while simultaneously protecting the environment and providing hundreds of valuable jobs. The London Aim-listed Goldplat, a bona fide junior producer from secondary material, last... 

Plastics|SA joins DTI on trade mission to Ghana

     19th October 2016 Exciting export opportunities exist for the South African plastics industry as part of the plastics industry’s Export Development Programme. Plastics|SA was recently part of a delegation that joined the Department of Trade and Investment on a special trade mission to Accra, Ghana. The delegation... 

WorleyParsons maximises combined global expertise for Kpone IPP

     14th October 2016 WorleyParsons RSA and the WorleyParsons Reading office in the USA (WorleyParsons GI) are maximising their combined expertise in an internal joint venture for the Kpone Independent Power Plant (KIPP) in Ghana. Following Group Five International’s appointment in December 2014 by Cenpower Generation... 

WorleyParsons maximises combined global expertise for Kpone IPP

     14th October 2016 WorleyParsons RSA and the WorleyParsons Reading office in the USA (WorleyParsons GI) are maximising their combined expertise in an internal joint venture for the Kpone Independent Power Plant in Ghana. Following Group Five International’s appointment in December 2014 by Cenpower Generation Ltd as... 

Endeavour announces management shakeup

By: Henry Lazenby     5th October 2016 West Africa-focused gold producer Endeavour Mining has appointed Vincent Benoit to the newly created position of executive VP, CFO and corporate development officer, effective November 1. The company on Tuesday announced that the former executive VP for strategy and business development would... 

Industry leaders attending the DMCC Precious Metals Forum in Accra, call on airlines and associations to ban the hand-carriage of gold

     13th September 2016 Over 130 industry delegates descended on Ghana’s capital Accra on 7 September, to attend DMCC’s second Africa Dubai Precious Metals Forum held at the Kempinski Hotel.   Government ministers, regulators, mining industry professionals, security experts, airlines, logistics facilitators and... 

African cities study aims to stimulate conversation on urbanisation

By: Mia Breytenbach     9th September 2016 Multidisciplinary engineering consultancy Arup held the first in a series of workshops on African cities at their Johannesburg offices last week. The workshop presented recently completed research by the Cities group at Arup that focuses on the unique challenges facing African cities and aims to... 

CGG Announces Joint Venture with GOSCO for Seismic Services Offshore Ghana

     30th August 2016 CGG announced today that it has signed an agreement with GNPC Operating Services Company Ltd, an independent Ghanaian E&P services company, to form a joint-venture company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of... 

Africa Dubai Precious Metals Forum Returns to Ghana in September 2016

     23rd August 2016 DMCC to outline Dubai’s unique value proposition to miners highlighting a supply chain solution free of conflict minerals in collaboration with Ghana Chamber of Mines and Dubai Chamber of Commerce & Industry DMCC, the Dubai government authority dedicated to enhancing Dubai’s position as a global... 

Uber mulls new South African services as it expands African footprint 

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Uber mulls new South African services as it expands African footprint

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Will Brexit break up the African Union? 

By: News24Wire      27th June 2016 African Union Commission chairperson Nkosazana Dlamini-Zuma’s Twitter timeline was quiet on Friday morning, even as #Brexit was trending. The African Union, too, did not immediately issue a statement. 

‘Oil impact’ on West African hospitality sector places emphasis on quality offerings

     15th June 2016 “The impact of current oil prices on hospitality in African economies is undoubtedly dependent on various factors,” says Wayne Troughton, CEO of international hospitality and tourism specialists, HTI Consulting, who recently issued a market snapshot on the topic. “The level of economic diversity,... 

Gold Fields mulls buying AngloGold’s Iduapriem mine in Ghana

By: Bloomberg     6th June 2016 Gold Fields said it is interested in buying AngloGold Ashanti Ltd.’s Iduapriem mine in Ghana as the precious metal producer seeks to increase output from West Africa by about two-thirds to one-million ounces. Gold Fields is also looking for opportunities to buy mines in Mali, Burkina Faso and... 

Government ministers join mining and power chiefs in Ghana for key West Africa conference

     31st May 2016 ‘Remain viable’ in the tough economic climate is the theme of a major two-day mining and power conference which begins tomorrow in Accra alongside WAMPEX 2016. Hundreds of delegates arrive in Ghana tomorrow (June 1) to discuss the future of the mining and power sectors across West Africa. It’s... 

WBHO achieves one million accident free hours at Kumasi City Mall

     24th May 2016 WBHO Ghana, currently constructing the new Kumasi City Mall in Ghana has recently achieved one million lost time injury free hours since the start of the project in March 2015 This Safety milestone marks the third time in four years that WHBO has achieved one million LTI free hours for a building... 

IHS Towers Wins Africa Telecom Infrastructure Company Of The Year Award

     24th May 2016 IHS Towers, the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East, has won the 2016 Africa Telecom Infrastructure Company of the Year Award at Africa’s Information Technology & Telecom Awards. The Award was received during the West Africa Telecom... 

Hyprop posts 13.4% H1 distribution growth

By: Megan van Wyngaardt     3rd March 2016 Hyprop’s strategy of investing in shopping centres that dominate catchment areas has seen the real estate investment trust declare a dividend of 297.8c a share for the six months ended December 31 – up 13.4% from the comparative period. “We maintained robust growth in all key indicators,”... 

CSIR, BITRI ink dynamic spectrum access research deal

By: Natasha Odendaal     9th February 2016 South Africa- and Botswana-based research institutions have teamed up to research dynamic spectrum access and the sharing of television (TV) band frequencies using a TV white space (TVWS) experimental network. South Africa’s Council for Scientific and Industrial Research (CSIR) committed to... 

Maputo ranked African large city with highest potential for inclusive growth

By: David Oliveira     15th January 2016 Mozambique’s capital Maputo was the large African city with the highest potential for inclusive growth, according to the 2015 MasterCard African Cities Growth Index (ACGI). Casablanca, in Morocco, and Lagos, in Nigeria, ranked second and third respectively.   Now in its third year, the ACGI... 

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