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Zambia, Zimbabwe shortlist foreign firms to build hydro plant

By: Reuters     21st February 2019 Zambia and Zimbabwe have shortlisted American, European and Chinese companies to build the Batoka Gorge hydro power plant, the ministry of finance said in statement on Wednesday. Preparatory studies, including engineering feasibility, for the 2 400 MW power station will be completed by end of the... 

Ramaphosa’s big growth plan threatened by power cuts

By: News24Wire      19th February 2019 A major 18-sector growth initiative is imperilled by power cuts now ripping up the economy, warns one of the architects of President Cyril Ramaphosa's signature growth strategy. At the State of the Nation Address (SoNA), Ramaphosa said the Public Private Growth Initiative, stewarded by Minister... 

Luxembourg Protocol can save South Africa billions – Rail Working Group

By: Natasha Odendaal     14th February 2019 The adoption of the Luxembourg Rail Protocol to the Cape Town Convention on International Interests in Mobile Equipment is expected to be a game changer for South Africa, said Rail Working Group chairperson Howard Rosen on Thursday. The treaty, which is expected to enter into force late in 2019,... 

Gordhan: Those responsible for Eskom's failures may soon be in 'orange uniforms'

By: News24Wire      13th February 2019 Public Enterprises Minister Pravin Gordhan has said that government plans to hold those responsible for Eskom's failures to account. Gordhan said there would be litigation against those responsible for the poor design of Medupi and also suggested that, in terms of corruption, some people might... 

Enel starts construction of 140 MW Eastern Cape wind farm

By: Simone Liedtke     12th February 2019 Italy’s Enel, through its renewable subsidiary Enel Green Power RSA (EGP RSA), has started construction of its 140 MW Nxuba wind farm in the Amatole district, making it the group’s third wind project in the Eastern Cape province. The construction of Nxuba, which is expected to be completed by... 

Russia's central bank to pay less for domestic gold from May

By: Reuters     11th February 2019 Russia's central bank will pay less than an industry benchmark for gold that it buys on the domestic market, it said on Monday. The central bank said that from May 1 it would add a discount to a purchase price currently based on the daily London Bullion Market Association (LBMA) gold price. The... 

What to Expect at 2019’s Africa Energy Indaba

11th February 2019 The Africa Energy Indaba conference is the definitive energy event for the continent providing an annual programme that influences energy policy for Africa. Key issues that impact the African energy sector will be debated together with solutions to best mitigate these concerns. Focused on... 

Ethiopia and Eritrea announce plans for new rail link

By: John Muchira     8th February 2019 Ethiopia and Eritrea have announced plans to building a railway line connecting the Ethiopian capital city of Addiss Ababa and the port of Massawa, in Eritrea. According to Ethiopian Prime Minister Abiy Ahmed, Italy has pledged to finance a feasibility study for the planned 736 km railway line... 

Coal exports have not risen since 2008, with the IRP posing a further threat, says Minerals Council

By: Kim Cloete     4th February 2019 Coal production, exports and investment in the industry have remained stagnant since 2008, despite higher export prices and South Africa’s abundant coal reserves, says the Minerals Council South Africa. “Even as the coal export price soared, export volumes failed to respond,” Minerals Council... 

Electric car growth rate to cool in 2019, says report

By: Irma Venter     23rd January 2019 Bloomberg New Energy Finance (BNEF) expects the electric passenger car sales growth rate to cool in 2019. In its ‘Transition in Energy, Transport – 10 Predictions for 2019’ report, BNEF says there are now almost five-million passenger electric vehicles (EVs) on the road globally. 

IMF sees weakest global growth in three years as Europe slows

By: Bloomberg     21st January 2019 The International Monetary Fund cut its forecast for the world economy, predicting it will grow at the weakest pace in three years in 2019 and warning fresh trade tensions would spell further trouble. In its second downgrade in three months, the lender blamed softening demand across Europe and... 

Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

World Gold Council believes gold will become more relevant in 2019

By: Simone Liedtke     10th January 2019 The World Gold Council (WGC) has said it believes gold will become even more relevant this year owing to “its proven record” for delivering returns, its low correlation to major asset classes, its liquidity and its risk-adjusted returns. Looking ahead, the council expects gold demand to benefit... 

South Africa improves its score in 2018 Index of Economic Freedom

By: Marleny Arnoldi     7th January 2019 South Africa’s ranking in the 2018 Index of Economic Freedom has improved, with the country ranked fourth in the Africa region and seventy-seventh out of 180 countries globally, reports Heritage Foundation. Marketing agency Brand South Africa research GM Dr Petrus de Kock says the index... 

African countries urged to sign Luxembourg Protocol at Zimbabwe PIDA meeting

By: African News Agency      27th November 2018 African countries have been urged to sign the Luxembourg Protocol by Soteri Gatera, the chief of industrialisation and infrastructure at the Economic Commission for Africa (ECA). Gatera made the call during his presentation titled, ‘The Luxembourg Rail Protocol: Railway Rolling Stock Financing –... 

Offgrid firm BBOXX targets two new African markets with EDF – CEO

By: Reuters     30th October 2018 UK-based off-grid power company BBOXX is looking to enter two new African markets in partnership with France's EDF Group next year as it capitalises on growing interest in the sector from large energy companies, its chief executive said on Monday. The two companies announced last week that the... 

Mixed picture emerges of state of SA’s road bridges following deadly Genoa collapse

By: Nadine James     26th October 2018 In light of the highly publicised Genoa bridge collapse, in Italy, as well as the abrupt closure of Johannesburg’s M2 east highway, questions surrounding the structural integrity of South African bridges have been raised. Bridges that fall within the South African National Road Agency Limited’s... 

Air Products launches centralised dissolved acetylene facility 

25th October 2018 Air Products has invested more than R90-million into a centrally located dissolved acetylene plant in Midvaal, and is decommissioning its two existing plants, located on Gauteng and KwaZulu-Natal. Tasneem Bulbulia tells us more. 

Mashaba calls for more partnerships during South Africa–Italy Summit

By: Tasneem Bulbulia     24th October 2018 Johannesburg mayor Herman Mashaba has called for more partnerships and better collaboration between South Africa and Italy, as part of efforts to grow the economy. Speaking at the South Africa–Italy Summit/Indaba, he pointed out that the two countries had good trade relations, but encouraged... 

Shoprite to pay South African customers for reusing plastic bags

By: Reuters     23rd October 2018 Shoprite Holdings, South Africa's biggest supermarket chain, said on Tuesday it would pay customers for reusing its newly introduced recyclable bag as it joined domestic rivals in efforts to curb plastic pollution. Supermarkets have come under increased pressure to cut their use of plastic as... 

SA and Italy seek to grow trade and investment partnerships 

By: Tasneem Bulbulia     23rd October 2018 The fifth edition of the South Africa-Italy Summit/Indaba, held in Johannesburg on Tuesday, has emphasised the importance of bilateral trade relations and investment partnerships between the two countries. This year, trade between South Africa and Italy grew by 11% in the first seven months.... 

Simple farm implement can increase crop yield, reduce soil erosion

By: Creamer Media Reporter      19th October 2018 Ethiopia-based farm implement manufacturer Aybar Engineering exhibited its Broad Bed Maker (BBM) farm implement at this year’s Maker Faire Rome exhibition, which took place from October 12 to 14 in Rome, Italy. The company was established in 2014 to develop improved agricultural implements for... 

South African mint shines in Africa

By: Natasha Odendaal     19th October 2018 The South African Mint’s (SA Mint’s) master craft and secure manufacturing has made it one of the top preferred manufacturers of coins and coin blanks in the world, and a valuable partner across Africa. The famous producer of circulation and commemorative coins has, on its CV, an impressive list... 

Microplastics are everywhere

16th October 2018 Science shows us that increasingly we are surrounded by tiny fragments of plastic, known as microplastics. They are not just in the oceans but also on land, in rivers, wetlands, soil and even in the air. A problem this pervasive will take a concerted effort from governments, businesses,... 

Digital-enabled creativity, tech solutions and interaction at Italian innovation fair

By: Creamer Media Reporter      15th October 2018 The circular economy, robotics, artificial intelligence (AI) and space exploration were among the main topics that were showcased at this year’s Maker Faire Rome, which took place at the Rome Exhibition Centre in Rome, Italy, from October 12 to 15,  2018. The largest European innovation event –... 

Polymer Concrete Market Growing At 3.5% CAGR To Reach USD 600 Million By 2025

12th October 2018 According to a new research report by Global Market Insights, Inc. Polymer Concrete Market size is forecast to exceed USD 600 million by 2025. High polymer prices may prove to become a obstacle in the growth of the polymer concrete market. Few resins, fibers or acrylates that are added to the... 

Opportunities abound for Italian entrepreneurs expanding into Africa

By: Shannon de Ryhove     12th October 2018 The Italian-South African Chamber of Trade and Industries says Italian companies are becoming increasingly positive about the opportunities offered by South Africa, which is being acknowledged as a hub from which to expand and invest into surrounding African countries, says Italian-South African... 

CAME Group parking solutions for revenue generation

By: Shannon de Ryhove     12th October 2018 Global technology company CAME, a group well-known in Italy and worldwide, has been operating in the home and building automation sector for over forty years. Cutting-edge technologies, soundness, efficiency and design are among the principles that guide the company in the design and... 

Chryso Group Announces Another Key Acquisition

9th October 2018 The Chryso Group, with head office in France and represented locally by the Chryso Southern Africa Group, has announced another acquisition. The leading player in chemistry for construction materials, has expanded its admixture business in Ireland with the acquisition of Chemtec Admixtures... 

Woolworths to trial plastic bag free store

By: Reuters     9th October 2018 South African department store chain Woolworths Holdings will remove single-use plastic bags from one of its stores during a six-month trial period in a bid to end plastic pollution, it said on Monday. From November, Woolworths, which also has operations in Australia and New Zealand, will not... 

Mozambique signs oil exploration agreements with Exxon, Rosneft

By: Reuters     9th October 2018 The Mozambican government said on Monday it had signed oil exploration agreements with US energy firm Exxon Mobil and Russia's Rosneft. Mozambique's National Petroleum Institute, an energy regulator in the southern African country, said the government was preparing to sign similar agreements with... 

Gold nudges up on risk aversion amid China worries

By: Reuters     9th October 2018 Gold prices edged higher on Tuesday as risk appetite fell, with Asian stocks slipping to 17-month lows amid concerns over a potential slowdown in China's economic growth. Spot gold was up 0.2% at $1 189.58/oz at 07:15 GMT. On Monday, it fell 1.2%, its biggest one-day percentage fall since August... 

Coal reaching $100/t in Europe boosts greener alternatives

By: Bloomberg     4th October 2018 Coal’s push to $100/t in Europe may benefit the greenest energy providers more than it does for miners. Companies that provide alternatives ranging from renewable power plants to natural gas turbines are expecting a lift after the commodity reached a five-year high. Far from spurring a revival... 

Lion Match division boosts local manufacture of feminine personal care products

By: Shirley le Guern     27th September 2018 NSP Unsgaard, a division of Lion Match Company, has commissioned a R20-million pantyliner production line at its Cape Town factory. Lion Match CEO Basie Van Wyk says the new equipment – dubbed “the pink lady” – is some of the most sophisticated of its kind in the country and has grown the... 

Global crude steel production rises 2.6% y/y in August

By: Simone Liedtke     25th September 2018 Global crude steel production increased by 2.6% year-on-year to 151.7-million tonnes in August, the World Steel Association (worldsteel) reports. According to the data, which was released on Tuesday, China’s crude steel production for August was 80.3-million tonnes, an increase of 2.7% compared... 

Martin Engineering Vibrators Go Pink For Breast Cancer Awareness Month

19th September 2018 Following the success of its 2017 campaign, the global leader in bulk material handling technologies is repeating its Cougar Cares fundraising program for National Breast Cancer Awareness Month in October.  Manufacturing a limited-edition series of Cougar® brand DC truck vibrators painted in the... 

At the heart of innovation

By: Creamer Media Reporter      18th September 2018 At the leading-edge in products and processes, Noberasco has chosen Markem-Imaje as its printing partner. SmartDate X60 printers are operating on the lines of the new site of Carcare, ensuring quality and reliability. Strong points include the benefits of SMILE long-term leasing and... 

Two Italian companies– Arlenico and Feralpi rely on SMS group MEERdrive®PLUS technology for the production of rebar and wire rod

By: Creamer Media Reporter      17th September 2018 Arlenico SpA and Feralpi Siderurgica SpA, two key Italian wire-rod producers, have each ordered a four-stand MEERdrive®PLUS finishing block from SMS group (www.sms-group.com) within one week. Both wire-rod finishing blocks will be integrated in the companies’ existing plants. Arlenico, owned by... 

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