http://www.engineeringnews.co.za
R/€ = 16.24 Change: -0.05
R/$ = 14.42 Change: -0.10
Au 1315.32 $/oz Change: -1.41
Pt 858.96 $/oz Change: 8.74
 

Press Office - ECIC

ECIC

ECIC is a self-sustained, state-owned national export credit agency. The Corporation is a registered financial service provider and regulated by the Financial Services Board (FSB). To be at the leading edge of medium/long term export credit and investment insurance business, with specific focus on project finance underwriting, customer needs, and prudent portfolio and risk management. To facilitate and encourage South African export trade by underwriting export credit loans and investments outside the country, in order to enable South African contractors to win capital goods and services' contracts in other countries.

Topic

Low carbon transition could hold $124bn risk for South Africa

By: Marleny Arnoldi     Updated 6 hours ago Climate Policy Initiative (CPI) Energy Finance on Tuesday released its latest report, which looked at the impact of a low carbon transition on South Africa. CPI found that the impact on South Africa of a global low-carbon transition over the period of its analysis from 2013 to 2035 could be... 

Prysmian To Develop Turn-key Export & Inter-array Cable Connections For The First 66 Kv Offshore Floating Wind Farm

25th March 2019 This press release is available on the company website at www.prysmiangroup.com and in the mechanism for the central storage of regulated information provided by Spafid Connect S.p.A. at www.emarketstorage.com. EPR Technology Proves To Be The Key Enabler For Dynamic Applications Prysmian Will... 

Bonasika Crane Engineered Across Three Continents

25th March 2019 Today’s crane manufacturers need skills as varied as they are demanding.  If growth is the goal, the company has to offer a global capability that includes a willingness to co-operate across continents and the ability to adapt product to local conditions. An order shipped in February by South... 

thyssenkrupp wins major order for fertiliser plant in Egypt

25th March 2019 thyssenkrupp’s plant engineering business has won a major order from the Egyptian chemical and fertiliser manufacturer NCIC (El Nasr Company for Intermediate Chemicals). The order for the engineering, procurement and construction (EPC) of a new fertiliser complex was signed in Cairo on March 17,... 

US coal miners are shoveling more money than ever at investors

By: Bloomberg     25th March 2019 It’s not a great time to be a coal miner, but there’s never been a better time for their shareholders. US coal companies returned almost $3.7-billion in dividends and buybacks to shareholders in the 12 months through September, and S&P Global Ratings expects more of the same this year. That’s... 

Impairments, fair value losses to push Gemfields to a loss for 2018

By: Tasneem Bulbulia     22nd March 2019 Gemfields expects to report a net loss of $60.4-million for the year ended December 31, 2018, compared with the net profit of $45.1-million reported for 2017. In rand terms, the net loss is expected to be R801-million, compared with a R600-million net profit the year before. 

Tanzania to start talks for $30bn LNG project in April

By: Bloomberg     22nd March 2019 Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said. The talks are aimed at reaching a so-called Host Government Agreement, the pact that governs the rights and obligations of parties... 

Glencore suspends Australian zinc mine as cyclone nears

By: Reuters     22nd March 2019 Commodity giant Glencore on Friday said it had suspended operations at its McArthur River zinc mine in northern Australia as a cyclone approaches. Authorities have declared a state of emergency in the region as Tropical Cyclone Trevor nears, with the nation's weather bureau on Friday saying the... 

Localisation seen as key to stimulating struggling capital equipment sector

By: Natasha Odendaal     22nd March 2019 The growth of the capital equipment sector, and the manufacturing sector in general, is being stifled by South Africa’s heavy reliance on imports, and its inability to deliver on its localisation promises. The manufacturing sector has the potential to significantly accelerate South Africa’s... 

Localisation seen as key to stimulating struggling capital equipment sector

By: Natasha Odendaal     22nd March 2019 The growth of the capital equipment sector, and the manufacturing sector in general, is being stifled by South Africa’s heavy reliance on imports, and its inability to deliver on its localisation promises. The manufacturing sector has the potential to significantly accelerate South Africa’s... 

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close