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Company expands African footprint to pursue major projects

By: Robyn Wilkinson     20th October 2017 Despite slowing economic growth, political challenges and associated declining investor confidence in many parts of Africa, global project management consultancy Turner & Townsend continues to strengthen its network on the continent as it pursues major projects in mining, oil and gas,... 

New business model drives group’s resurgence in Africa

By: Robyn Wilkinson     20th October 2017 Economic growth in Africa is ensuring a steady demand for infrastructure development and by tailoring its business model to access this demand, engineering services provider ELB Group has enhanced its activities on the continent and announced a return to profitability. 

South African egg output tumbles, jobs cut after avian flu

By: Reuters     18th October 2017 Commercial egg production in South Africa has tumbled 17% and over 1 000 workers have lost their jobs in the wake of an outbreak of avian flu in June, industry experts said on Wednesday. Commercial egg production per day has dropped to 17-million from 20.4-million after an outbreak of the H5N8... 

Diamond exploration intensifying close to mine that paid for itself in 3.5 days 

By: Martin Creamer     18th October 2017 London- and Botswana-listed Botswana Diamonds, which is funding diamond exploration on three sites in South Africa, expects to declare an inferred resource by year-end at its Thorny River project in Limpopo, which is located very close to the Marsfontein mine that had an astonishing... 

Young HDSA diamond beneficiators doing well – De Beers 

By: Martin Creamer     17th October 2017 The model launched last year by De Beers for the development of young historically disadvantaged South Africans (HDSAs) as diamond beneficiators is proving highly successful, De Beers Senior VP Sightholder Sales South Africa Mpumi Zikalala said on Tuesday. Speaking to Mining Weekly Online on the... 

Malmström raises EU’s concern over South Africa's stance towards renewables IPPs

By: Terence Creamer     17th October 2017 European Commissioner for Trade Cecilia Malmström confirmed on Tuesday that she had communicated the European Union’s (EU’s) unhappiness over Eskom’s refusal to enter into contracts with renewable-energy independent power producers (IPPs), some of which are European, directly with the South... 

Kwena Rocla Awarded Contract For Supply Of Culverts For Boatle Road Dual Carriageway Upgrade In Botswana

     17th October 2017 Kwena Rocla, part of the Infrastructure Specialist Group (ISG) of companies, was recently awarded the contract to supply culverts and inverted base slabs for the upgrading of the Gaborone to Boatle Road project which will upgrade the road to a dual carriageway standard in Botswana. This upgrade... 

Isang Rakola grid extension, Botswana

By: Sheila Barradas     13th October 2017 The project involves the construction of two parallel 220 kV lines of 80 km each. 

R20bn Swazi Rail Link being prepared for presentation to investors before year-end 

By: Terence Creamer     12th October 2017 An expression of interest (EoI) for the R20-billion crossborder Swazi Rail Link infrastructure project between South Africa and Swaziland will be released to potential investors before the end of 2017, South Africa’s Transnet Freight Rail (TFR) and Swaziland Rail confirmed on Thursday. The 150 km... 

BMG launches R400m World site facility in Gauteng 

     12th October 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg last month. Mia Breytenbach tells us more. 

Minergy’s Botswana coal project given quantity, quality boost

By: Martin Creamer     12th October 2017 Coal mining and trading company Minergy on Thursday reported both a quantity and quality boost to its Masama coal project in Botswana. The company, headed by CEO Andre Bojé, plans to build an opencast coal mine at Masama with the potential to produce 2.4-million tonnes of coal a year. 

PIC said to mull backing bid for Chevron's South Africa Unit

By: Bloomberg     12th October 2017 Africa’s biggest fund manager is interested in taking part in the acquisition by Glencore and a group of black South African-owned companies of Chevron Corp.’s assets in the country, according to three people familiar with the matter. The Public Investment Corporation (PIC), which manages the... 

One year into new trade deal, European commissioner urges South African firms to take fuller advantage

By: Terence Creamer     11th October 2017 European Commissioner for Trade Cecilia Malmström will use her upcoming visit to South African to urge business to take fuller advantage of the recently concluded trade agreement between the European Union (EU) and six Southern African countries. The deal came into force just over a year ago on... 

Sweeping growth for Goscor Cleaning Equipment across Africa

     11th October 2017 With new representation in Namibia, Botswana, and Nigeria, and dealer talks underway in Kenya, Goscor Cleaning Equipment (GCE) is consolidating its strategy of becoming the first-choice supplier of cleaning equipment in Africa. Part of the Goscor Group, GCE has embarked on a comprehensive... 

Brazil revives African ties, eyes expanding market

By: Reuters     10th October 2017 Agricultural powerhouse Brazil aims to revive ties with Africa after a lull and sees a vast export market for food and manufactured goods in a continent whose population is surging, its foreign minister said. Brazil's presence in Africa surged during the government of former President Luiz Inacio... 

Zwane urges development of more African geological surveys

By: African News Agency      9th October 2017 Mineral Resources Minister Mosebenzi Zwane on Monday said that the limited knowledge of geosciences in Africa was thwarting appropriate steps to enable maximisation of development needed to transform the social and economic fabric of the continent. Zwane said that the role played by geological... 

MTN appoints new Seagha region VP

By: Anine Kilian     6th October 2017 MTN has appointed Ebenezer Asante VP of its expanded Southern, East Africa and Ghana (Seagha) region. The new Seagha region will comprise the mobile operations in Ghana, Uganda, Rwanda, Zambia, South Sudan, Botswana and Swaziland, as well as the MTN Internet service providers in Kenya, Namibia... 

Glencore to acquire Chevron’s South Africa, Botswana assets for $973m

By: Anine Kilian     6th October 2017 JSE-listed Glencore has entered into an agreement with Off The Shelf Investments Fifty Six (OTS) to acquire a 75% interest in Chevron South Africa, as well as a 100% interest in Chevron Botswana, for an aggregate consideration of $973-million. The assets comprise the interests of the Chevron... 

I can’t explain – you would not understand

By: Riaan de Lange     6th October 2017 If anything, I have, in the words of Pink Floyd, “become comfortably numb”. My thoughts are miles away as I wonder through the Victoria & Albert, or the V&A. No, not the V&A Waterfront, in Cape Town. Come to think of it, how does that colonial designation endure? I am at the Pink Floyd: Their... 

UK unveils post-Brexit bilateral commitment to South Africa

By: Keith Campbell     6th October 2017 British International Trade Secretary (equivalent to Minister in South Africa) Dr Liam Fox announced on his recent visit to South Africa that his country’s export credit agency, UK Export Finance, has increased the funds available to South African enterprises buying British goods and to British... 

De Beers’ diamond exploration grinding to halt on government issues 

By: Martin Creamer     5th October 2017 The exploration programme of De Beers Consolidated Mines (DBCM) is grinding to a halt owing to the ongoing issues the iconic diamond mining company is experiencing with South Africa’s Department of Minerals Resources (DMR). With the hold-up of as many as 54 prospecting licence applications for as... 

Shumba’s coal trading division generates first revenues

     5th October 2017 Coal mining and energy development company Shumba Energy’s coal trading division, Shumba Coal Trading (SCT), has generated the first revenues for the company. The Botswana Stock Exchange-listed company on Thursday said it had sold more than 1 000 t of coal to customers in the regional market, to... 

AB InBev completes $3.15bn Coca-Cola Beverages Africa transition

By: African News Agency      5th October 2017 The world’s largest brewer, Anheuser-Busch InBev (AB InBev) on Thursday announced that it has completed the transition of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion after customary adjustments. This comes after AB InBev last year acquired SABMiller for... 

Powerstar to expand into smaller trucks through Foton partnership

By: Irma Venter     4th October 2017 Powerstar sold around 420 trucks in South Africa last year, with the Chinese brand aiming for 500 units this year, says Everstar Industries CEO Bob Wang. The growth will come from the brand expanding its product portfolio from the extra-heavy and heavy commercial vehicle (EHCV, HCV) segments to... 

Location Analysis Essential For Effective Supply Chain Development

     4th October 2017 “Supply chains compete, not products, commodities or companies. All nodes and links in a supply chain should be engaged and integrated to be able to provide seamless and transparent logistics services from origin to destination,” said Gerard de Villiers recently at the Australian Rail... 

‘Material, newsworthy’ diamond finds on the rise – analyst

By: Henry Lazenby     3rd October 2017 There has been a marked increase in the number of publicly reported special diamond finds in recent years, with 61 of 66 press-released diamond finds in the last nine years taking place in the last five years, noted independent diamond industry analyst and consultant Paul Zimnisky in a new report... 

Chile confident that stable legislation, strong institutions promote its mining sector

By: Natasha Odendaal     2nd October 2017 As various headwinds continue to challenge mining industries worldwide, a Chilean delegation visiting South Africa on Monday spoke of stable legal frameworks and solid institutions as being critical factors in the success of its mining sector. As part of a Chilean delegation visiting three... 

Diamond stocks are crashing this year, but gem prices aren't

By: Bloomberg     2nd October 2017 It’s been a surprisingly ugly year for most diamond companies. Shares of small producers, mainly focused on mines in southern Africa and Canada, have tumbled more than 30 percent during the past year and each company seems to be embroiled in its own mess. 

Botswana Diamonds to start drilling newly discovered kimberlite this year

By: Anine Kilian     29th September 2017 Aim-listed Botswana Diamonds will start drilling at its recently discovered Ontevreden project, in South Africa, later this year. In a project update released on Friday, the company said sampling at the Ontevreden kimberlite had found abundant G10, G9 and eclogitic garnets typically seen in... 

BMG invests R400m in Joburg distribution centre 

By: Mia Breytenbach     29th September 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago. “The company’s R400-million investment to upgrade... 

South Africa sees slight improvement in economic freedom

By: Anine Kilian     28th September 2017 South Africa jumped ten spots on the Free Market Foundation’s (FMF’s) economic freedom index, ranking this year at 95 out of 159 countries from its 2016 ranking of 105, when its overall rating out of ten – where zero is unfree and ten is free – was 6.64. “This year, at 95, our rating is 6.63... 

Bringing water to parched rural Botswana

     28th September 2017 A unique project has brought a reliable supply of water to Habu, while providing a reference for the imminent roll-out of more water-security measures in other rural areas of Botswana. The project serves about 1 500 people in north-west Botswana and was completed by JG Afrika’s Botswana office,... 

Botswana to name developer of $4bn plant by December

By: Bloomberg     27th September 2017 Botswana Oil will choose by December a company to build and operate a $4-billion coal-to-liquids (CTL) plant, a facility it said may meet as much as 80% of the Southern African country’s fuel demand. The state-owned oil firm received 11 bids by its August deadline and is subjecting them to... 

redT sells energy storage units in Botswana

By: Anine Kilian     26th September 2017 Energy storage technology company redT energy has sold fourteen 40 kWh energy storage units to remote critical communications infrastructure sites across Botswana. The locations currently have no connection to the grid and will use 11 kW of solar panels per site as the sole form of generation.... 

Tsodilo, Sandstorm enter into $1.5m royalty agreement

By: Natasha Odendaal     26th September 2017 TSX-V-listed Tsodilo Resources and dual-listed gold royalty company Sandstorm Gold have entered into a $1.5-million royalty agreement on three projects. The royalty sale includes the grant of a 1% net smelter royalty (NSR) on Tsodilo’s wholly owned Botswana subsidiary Gcwihaba Resources’... 

Lucara sells giant ‘Lesedi La Rona’ diamond for $53m

By: Henry Lazenby     25th September 2017 Canadian diamond junior Lucara Diamond Corp has sold its 1 109 ct ‘Lesedi La Rona’ diamond for $53-million, or $47 777/ct, the company announced on Monday. Discovered in November 2015, the precious stone ranks as the second-largest diamond ever found, and consolidates the company’s flagship... 

Electricity exports create investment opportunity for S Africa

By: Nica Schreuder     22nd September 2017 Power generation stakeholders and key industry players are investigating ways of deriving the most benefit from lower coal qualities, says independent mining advisory company Ukwazi senior mining engineer Adriaan Strydom, who tells Mining Weekly that companies are implementing new technologies to... 

Rocla marks 100 years in SA precast concrete market

By: Dylan Slater     22nd September 2017 Precast concrete products manufacturer Rocla is celebrating 100 years in existence in South Africa this month, attributing its success to customer satisfaction, competitive pricing, good-quality products and timeous delivery.  

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