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Alrosa reopens office in world’s largest diamond jewellery market

By: Creamer Media Reporter      22nd May 2018 Russian diamond miner Alrosa has successfully held its first auction in two years in the US, following the recent reopening of its representative office in New York. The New York office was first opened in 2006, but has not operated since 2016. 

The scramble for Somalia

By: Martin Zhuwakinyu     18th May 2018 The Horn of Africa nation of Somalia is better known as the poorest country on earth, with a per capita gross domestic product of $400, and for lacking a coherent government since the 1991 ouster of Mohamed Siad Barre as President. What many do not remember is that it was one of the first newly... 

UK airline to launch direct Durban–London air link

By: Rebecca Campbell     18th May 2018 The Dube TradePort Special Economic Zone has announced that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is located... 

Gordhan outlines his plan for the ‘recapture’ of South Africa’s SoCs

16th May 2018 The full text of Public Enterprises Minister Pravin Gordhan’s Budget Vote speech to Parliament on May 15. In it, the Minister warns that it has become evident that several State-owned companies (SOCs) will not be able to trade and borrow their way out of their financial difficulties and that some... 

India's thermal coal imports rise over 15% in Q1 – trader

By: Reuters     11th May 2018 India's thermal coal imports rose by more than 15 percent in the first three months of 2018, with Indonesia accounting for about three-fifths of total supplies, according to vessel arrival data from Dubai-based coal trader American Fuels & Natural Resources. India's rising coal imports are... 

Iran's gold demand set for spurt before Trump sanctions bite

By: Bloomberg     9th May 2018 Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as US sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd. After a previous set of sanctions was imposed on Iran in 2012, it took two years for the... 

Fura unearths exceptional 25.97 ct rough emerald in Colombia

By: Henry Lazenby     8th May 2018 Dubai-based precious gem producer Fura Gems has recovered a 25.97 ct rough emerald at its Coscuez Colombian emerald mine. Fura said in a statement on Tuesday that it believes the emerald to be rare and exceptional owing to its size, colour saturation and clarity.  

Africa is opportune for energy, smart solutions development – Schneider Electric

By: Marleny Arnoldi     8th May 2018 Automation and energy management multinational Schneider Electric on Tuesday revealed its strategy for the African continent and how it relates to creating smart cities – taking cognisance of challenges and opportunities.  

Direct Durban-London air link to be launched by UK carrier

By: Rebecca Campbell     8th May 2018 The Dube TradePort Special Economic Zone announced on Tuesday that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is... 

New gensets introduced at Middle East Electricity

27th April 2018 Engine manufacturer Cummins has introduced the C450 D5, which is part of its QSG12 series diesel generator sets (gensets) for the commercial and industrial markets, at the Middle East Electricity (MEE) 2018 in Dubai, which was held from March 6 to 8 at the Dubai World Trade Centre, in Dubai. The... 

Emergency Desalination Plant Gets Helping Hand from SBS Tanks®

18th April 2018 As Cape Town gets closer to running out of water, SBS Tanks® has formed an integral partnership with Quality Filtration Systems (QFS) and Osmoflo to provide quality water for an emergency desalination plant. Initiated by The City of Cape Town, the plant will address the water crisis in the... 

Alstom-led consortium to build complete driverless light metro system for Montreal

By: Marleny Arnoldi     13th April 2018 Groupe des Partenaires pour la Mobilité des Montréalais (PMM), a consortium comprising Alstom and SNC-Lavalin, has signed a contract with infrastructure developer CDPQ Infra to deliver a complete automatic and driverless light metro system for the Réseau Express Metropolitan (REM) project in... 

Burkina Faso to end Timis unit's $1bn manganese deal

By: Bloomberg     12th April 2018 Burkina Faso will proceed with plans to end its agreement with a unit of Timis Mining Corp. to mine a $1-billion manganese deposit even though a dispute about the operation is still pending at the International Court of Arbitration. The West African nation will give Pan African Minerals 90-days... 

DP World wins 30-year Congo port concession

By: Reuters     26th March 2018 DP World said on Sunday it had won a 30-year management and development concession for a greenfield, multi-purpose port in the Democratic Republic of the Congo (DRC). The Dubai-owned port operator will set up joint venture with the Central African country's government to manage and invest in the... 

SBS Tanks® are delighted to announce a partnership with QFS and Osmoflo in providing quality water storage for an emergency desalination plant at the V&A Waterfront area of Cape Town.

8th March 2018 With the region in the grips of its worst drought on record, the City of Cape Town Municipality have launched a number of alternative water sources projects to mitigate the drought’s effects, with this project being one of the landmarks. The project is centered around a fully containerized... 

DP World may develop $1.2bn port at Banana on Congo coast

By: Bloomberg     2nd March 2018 DP World may develop a $1.2-billion deep-water port in the Democratic Republic of Congo, according to documents published by a Senegalese whistle-blowing organization. DP World signed an agreement with the Transport Ministry in February 2017 giving the Nasdaq Dubai-listed company exclusive rights... 

Mariam Abdullahi

2nd March 2018 This week we feature Mariam Abdullahi, telecommunications industry lead for Africa at SAP   

Water preservation and treatment industry expected to grow

By: Simone Liedtke     2nd March 2018 Water preservation and treatment industries - from harvesting rainwater to the recycling of grey water and purification to potable water, as well as desalinating sea water - will vastly grow in importance globally, says Johannesburg-based valve manufacturer and supplier AVK Holding Southern... 

Concrete products assuaging industry’s aesthetic predilection

By: Tasneem Bulbulia     2nd March 2018 With the recent trend of aesthetic appearance playing a more prominent role in construction and the built environment, construction chemicals company Chryso Southern Africa and its 100%-owned subsidiary a.b.e Construction Chemicals are offering a number of aesthetic concrete product ranges to... 

Richards Bay Coal Terminal, port win top global excellence awards 

By: Martin Creamer     23rd February 2018 South Africa's Richards Bay Coal Terminal (RBCT) and Richards Bay Port won global recognition at the Global Ports Forum awards ceremony in Dubai on Thursday. The winners of these prestigious international awards by the ten-year-old Singapore-launched Global Ports Forum are finalised by a judging... 

Koko says he is 'moving on', despite Eskom court victory

By: News24Wire      22nd February 2018 The Labour Court on Wednesday ruled in favour of controversial former Eskom executive Matshela Koko, but he said it was too little too late and that he has already moved on. Judge Graham Moshoana ruled that Eskom’s attempt to fire Koko, based on a directive from then Deputy President Cyril... 

Burkina Faso seeks new partner for $1bn manganese project

By: Bloomberg     22nd February 2018 Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two earlier attempts to develop the $1-billion project. Pan African Minerals, a unit of Timis Mining, was told to stop production at the Tambao mine in 2015 following a change in... 

Eskom's Matshela Koko submits letter of resignation

By: News24Wire      16th February 2018 Controversial top Eskom executive Matshela Koko submitted his resignation on Friday, but did not admit to any guilt.   This came out at his second disciplinary hearing, currently taking place in Sandton. 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

Gordhan lashes out at Denel as it begs for R3bn lifeline

By: African News Agency      6th February 2018 State arms manufacturer Denel on Tuesday pleaded for an equity injection as it briefed MPs on its results for the past year, but former finance minister Pravin Gordhan flatly countered that the company's dire financials were linked to its dealings with the Gupta family believed to have corrupted... 

Cummins Launches Simulator To Demonstrate Complete Power Systems

1st February 2018 Cummins Power Generation has officially launched a new simulator at the Cummins Training Centre in Kelvin, Johannesburg to demonstrate its entire product line-up as an integrated solutions approach, from genset controls to annunciators, remote monitoring, Digital Master Control (DMC), and... 

Montana claims he fought off a bid to change the PRASA board

By: African News Agency      31st January 2018 Former Passenger Rail Agency of South Africa (PRASA) CEO Lucky Montana on Tuesday told the parliamentary inquiry into Eskom that he resisted a political attempt to impose a new board at the entity that would be favourable to the Gupta brothers and help them secure contracts in a locomotive tender... 

Bobcat Equipment South Africa stocks up on R18m worth of spare parts

24th January 2018 Fast-moving general-service parts are critical to customers’ daily operations, and are needed on-hand immediately to avoid costly downtime. It is for this reason that Bobcat Equipment South Africa, part of the Goscor Group, holds a comprehensive spares stockholding of about R18 million. The... 

Former Eskom CFO Singh accused of lying and stonewalling at inquiry

By: African News Agency      24th January 2018 Former Eskom chief financial officer Anoj Singh was accused of lying about who paid for his travels to Dubai and ducking questions about suspect transactions he approved in his testimony before the parliamentary inquiry into the power utility on Tuesday. After more than four hours of questions... 

Magufuli bans registration of foreign ships in Tanzania, orders probe

By: Reuters     22nd January 2018 Tanzanian President John Magufuli on Friday put a temporary ban on the registration of foreign ships in the country and ordered over 400 vessels to be investigated for allegations of involvement in criminal activity. The ban came after at least five foreign-owned ships flying Tanzania's flag were... 

Fura closes in on Colombian emerald mine buy; to create single-stop Dubai-based gemstone shop

By: Henry Lazenby     13th January 2018 Canadian gemstone-focused miner Fura Gems is setting up a single-stop destination in Dubai, where rubies and emeralds produced from its Mozambique and Colombian assets will be graded and sold at the Almas Tower. “The Almas Tower is arguably one of the most secure spaces in the world, from where... 

UAE to resume flights to Tunis, ending row over ban on women

By: Reuters     5th January 2018 The United Arab Emirates said on Thursday it would resume flights to Tunisia after an exchange of security information, resolving a row over a ban on female Tunisian passengers. A statement by the foreign ministry on state news agency WAM said the decision was taken in light of extensive... 

Emirates stops flying to Tunisia

By: African News Agency      27th December 2017 Emirates airline says it has stopped flying to Tunisia as of Monday after the North African country said it had banned flights from the United Arab Emirates (UAE) carrier, Reuters reports. Emirates announced the move on Sunday two days after Tunisian government officials accused the United Arab... 

New polishing facility a boost to Dubai’s status as a diamond trading centre

By: Dylan Slater     8th December 2017 The global diamond industry is either growing in affluent regions or remaining steady in less affluent ones, thereby reflecting a degree of positivity, as well as signs of growth. This also points to untapped potential that is ready to be unlocked through increased investment upstream and... 

Airport development not keeping pace with passenger growth

By: Natasha Odendaal     6th December 2017 Globally, airport capacity and airline demand for access to airports have not kept pace with one another, setting global aviation on a path to chaos should mitigation measures not be taken with urgency, according to the International Air Transport Association (Iata). Passenger load factors are... 

Nasa outlines the developments to watch in civil aeronautics

By: Keith Campbell     1st December 2017 The global aviation industry continues to be a rapidly growing sector, far from reaching maturity. This was stressed at the recent International Forum for Aviation Research (IFAR) open session at the Council for Scientific and Industrial Research (CSIR) International Convention Centre (ICC), in... 

Nasa outlines the developments to watch in civil aeronautics

By: Keith Campbell     1st December 2017 The global aviation industry continues to be a rapidly growing sector, far from reaching maturity. This was stressed at the recent International Forum for Aviation Research (IFAR) open session at the Council for Scientific and Industrial Research (CSIR) International Convention Centre (ICC) in... 

Gem smuggling thwarts revival of Central African Republic

By: Bloomberg     29th November 2017 In the lounge of a luxury hotel in Bangui, the capital of war-torn Central African Republic, soft-spoken diamond dealers cautiously sidle up to guests. Their whispered offers of gems for sale are a visitor’s first hint of the thriving illegal market for the precious stones in a country that five... 

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