R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74


Italy’s SME Ekoplant floats Indian subsidiary

By: Ajoy K Das     22nd March 2019 To tap into the rapidly growing Indian ferrous and non-ferrous metals processing industry and stricter air quality monitoring norms, Milan-headquartered SME Ekoplant has set up shop in the country, floating a 100% wholly-owned subsidiary Eko Air Filtration India Private Limited (EAFIPL). “For... 

Zuma says nuclear could've solved load-shedding

By: News24Wire      22nd March 2019 Former president Jacob Zuma, whose administration has been blamed for the current power outages, has said the power crisis could have been averted if the country had built nuclear reactors.  In an interview with Business Day on Friday, Zuma said the costly nuclear build programme he supported... 

Dube TradePort set for R18bn expansion

By: Nadine James     22nd March 2019 The R18-billion expansion of one of two of KwaZulu-Natal’s special economic zones (SEZs), the Dube TradePort, is set to create hundreds of jobs as the province gears for yet another round of development for its Durban Aerotropolis precinct, KwaZulu-Natal Economic Development, Tourism and... 

French Foreign Affairs Minister visits local construction academy

By: Schalk Burger     22nd March 2019 The French Minister for Europe and Foreign Affairs Jean-Yves Le Drian visited construction materials and infrastructure components multinational Saint-Gobain Construction Training Academy, in Germiston, Ekurhuleni, earlier this month to inspect its work and its youth development partnership. The... 

If investment is the goal, what should SA’s electricity game plan be?

By: Tobias Bischof-Niemz     22nd March 2019 South Africa has correctly identified the lack of investment as a serious constraint to economic growth and job creation. President Cyril Ramaphosa has moved to address the problem by reaching out to domestic and foreign investors both informally and through the inaugural Investment Conference,... 

International Day of Happiness 2019: Happier together – the value of a purposeful workplace

By: Creamer Media Reporter      20th March 2019 The World Happiness Report, which ranks countries by their happiness levels, placed South Africa at 104 out of 156 countries in 2018, and at 106in 2019. While there are many factors contributing to a country’s happiness score, it is worth considering how corporate employers in South Africa can... 

Westcon-Comstor Establishes New Circular Technology Solutions Group

By: Creamer Media Reporter      20th March 2019 Westcon-Comstor has created a Circular Technology Solutions group led by Alastair Borissow, who joins from Cisco, where he headed global sales, marketing and strategy for Cisco’s Certified Remanufactured Equipment business – Cisco Refresh. In his new role, Borissow will be responsible for... 

Brics Bank to lend Eskom up to $780m 

By: Bloomberg     20th March 2019 The New Development Bank (NDB) plans to lend as much as $780-million to Eskom for infrastructure projects this year as the ailing power utility battles to keep power supply steady. Eskom, which on Wednesday entered a seventh day of controlled power cuts, is contending with operational and... 

Anglo earmarks $162m for Australian coal mine rehabilitation

By: Esmarie Iannucci     20th March 2019 Diversified miner Anglo American on Wednesday announced that it would invest more than $162-million to rehabilitate its Australian mining operations over the next five years. The company’s Australian operations includes five metallurgical coal mines in Queensland, of which two are opencut and... 

Ecuador's mining push in doubt as ‘radical’ foes stall projects

By: Bloomberg     20th March 2019 Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board. Local opposition and red tape are hindering plans to become a mining superpower that can rival other South American nations. Less than two years ago... 

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