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AECOM helps develop richest square mile in Africa in Sandton

By: Creamer Media Reporter      21st September 2018 Integrated infrastructure delivery company AECOM has played an important role in the development of Sandton in Johannesburg, touted as one of Africa’s richest square miles, and characterised by continuous growth. Flagship projects for AECOM here have been 129 Rivonia Road, known as The Marc,... 

Africa’s metals, engineering cluster needs to do more to attract investment 

By: Marleny Arnoldi     21st September 2018 Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade has declared Africa’s metals and engineering sector open for business. Ade was addressing delegates on the second day of Seifsa’s fourth annual Metals and Engineering Indaba, in Johannesburg. 

Ramaphosa aims to crowd in private resources for infrastructure fund

By: Terence Creamer     21st September 2018 President Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints. In unveiling the plan during a briefing at the Union Buildings in Pretoria on... 

NUM signs wage deal with AngloGold

By: Reuters     21st September 2018 South Africa's National Union of Mineworkers (NUM) signed a three-year wage deal with AngloGold Ashanti on Friday, inking the same agreement that other unions reached with the company earlier in the week. The agreement will mean an effective pay hike of over 12% for entry-level underground... 

OGAN Lovells announces new Chairman of South Africa practice

21st September 2018 Hogan Lovells is delighted to announce the appointment of Nkonzo Hlatshwayo as the new Chairman of its South African practice, effective as of 1 October. Traditionally the South African legal industry appoints Chairs rather than Office Managing Partners. The firm's South African practice serves a... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Fuel cell parts manufacturer ready to commission plant

By: Donald Makhafola     21st September 2018 Fuel cell components manufacturer Isondo Precious Metals (IPM) hopes to commission its platinum-containing membrane electrode assembly (MEA) manufacturing plant in the upcoming months, pending the finalisation of the balance of funding. The state-of-the-art MEA manufacturing technology plant from... 

Appropriate measures, equipment emphasised to ensure safety

By: Tasneem Bulbulia     21st September 2018 Owing to the prevalence of dangers whilst working in confined spaces, it is imperative that companies implement proper measures to ensure safety at all times. This was the message conveyed at multinational company 3M’s Fall Protection – Confined Spaces workshop, held last month at 3M’s offices in... 

Electrical equipment range expanded

21st September 2018 Power distribution system supplier Magnet Group has expanded on its Carlo Gavazzi range by introducing multi-channel power analyser and automation products. These include WM50 multi-channel power analysers, which efficiently measure main electrical variables as well as voltage and current... 

First corrosionproof AHU developed

By: Paige Müller     21st September 2018 After significant research and development into a new air handling unit (AHU), Pietermaritzburg-based air conditioning contractor TROX South Africa now offers the market the non-metallic XeCube AHU, which has a high level of structural integrity, is impervious to corrosion and is significantly... 

Lingering misgivings

21st September 2018 I start with a mea culpa this week. In the September 7 edition, I waxed lyrical about the exploits of Sophia, the humanoid robot, at the SAPNow conference, which had been held in Johannesburg the previous week to showcase some of the latest developments in artificial intelligence, the Internet of... 

Kelvin power station coal-to-gas conversion project, South Africa

By: Sheila Barradas     21st September 2018 A feasibility study has been initiated into the prospect of converting the Kelvin power station into a 450 MW to 600 MW gas-fired power station. 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

Gold wage talks deadlock again between Sibanye and AMCU

By: African News Agency      20th September 2018 Wage negotiations between the Association of Mineworkers and Construction Union (AMCU) and Sibanye-Stillwater reached a deadlock once again on Thursday. "No agreement has been reached and wage talks continue," AMCU said in a terse statement. 

Vodacom showcases 5G capabilities in official launch 

20th September 2018 Vodacom has officially launched its standards-based, commercial fifth-generation, or 5G, service in Lesotho, delivering early access technology initially to two enterprise customers, with ambitions of eventually launching the service commercially in South Africa. Natasha Odendaal tells us more. 

Poor internal coordination in SA cities adding to cost of doing business

By: Terence Creamer     19th September 2018 A new World Bank report highlights how a lack of internal coordination between departments within several of South Africa’s largest cities is undermining the delivery of services to businesses operating within those locations and burdening entrepreneurs with timing consuming and costly red tape.... 

JSE looks to tighten listing rules

By: Reuters     19th September 2018 The Johannesburg Stock Exchange (JSE) wants to increase the minimum capital amount required for a primary listing and is considering stricter rules on secondary listings as it seeks to improve corporate governance. Africa's biggest securities exchange published its proposals in a public... 

Pan African’s rapid turnaround removes false notions on doing business in SA 

By: Martin Creamer     19th September 2018 South Africa was on Wednesday reaffirmed as a country where business is able to do what is required, when London- and Johannesburg-listed gold mining company Pan African Resources outlined the remarkably efficient manner in which this country’s regulatory environment facilitated the closure of a... 

Defence industry needs to adapt, optimise for Industry 4.0 – panel

By: Simone Liedtke     19th September 2018 The South African defence industry will need to pilot new projects and adapt to the Fourth Industrial Revolution in order to grow the defence sector and create jobs in the process. To do this, however, Engineers Without Borders founder and CEO Wiebke Toussaint suggested the industry adopt the... 

HPE Reimagine 2018 Event to showcase an “extraordinary” future for South African enterprise

19th September 2018 A leader in cutting edge technology and innovation, Hewlett Packard Enterprise (HPE), will be hosting their Reimagine 2018 event at the Kyalami International Convention Centre, Johannesburg, on 4th October 2018. Part of a frequent series of global events, Reimagine 2018 will showcase HPE’s latest... 

VIPs attending Infrastructure Africa attest to big infrastructure opportunities on the continent

19th September 2018 Infrastructure Africa is bringing together global and regional infrastructure leaders and experts to attend the 7th annual event, kicking off in Sandton Convention Centre, Johannesburg on the 9 -10th October 2018. Africa’s premier infrastructure event continues to grow its stellar global and... 

ASSA ABLOY unlocks automation with over R10 million investment

19th September 2018 Global leader in door opening solutions, ASSA ABLOY, has tapped into the Industry 4.0 space by investing over R10 million to process automation machines in their Roodepoort factory in Johannesburg. This investment saw the recent installation of six robots with the goal to have a fleet of more... 

Hogan Lovells SA announces new chairperson

By: Sashnee Moodley     19th September 2018 Law firm Hogan Lovells has appointed Nkonzo Hlatshwayo as chairperson of its South African practice as of October 1, as the term of current chairperson Lavery Modise ends. The firm praised Modise for being an inspirational and dedicated leader during his term at the South African practice, which... 

Cable theft puts brakes on Pretoria-Joburg Metrorail trains

By: African News Agency      19th September 2018 Metrorail said on Wednesday that its train service running between Pretoria and Johannesburg was disrupted due to overhead catenary wires being cut and stolen at Irene from both the up and down lines.  Goodman Matampi, acting provincial manager of Gauteng Metrorail, said trains to and from... 

Upbeat Pan African repositioned as lower-cost gold producer

By: Martin Creamer     19th September 2018 Gold mining company Pan African Resources said on Wednesday that it had reconfigured its gold operations for sustainable profitability through the creation of a lower cost base and the imposition of efficiencies and stability through restructuring. The London- and Johannesburg-listed company,... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

CEO Initiative to support government’s investor outreach at October summit

By: Terence Creamer     18th September 2018 The CEO Initiative is putting its weight behind President Cyril Ramaphosa’s plans for increasing levels of investment and stimulating growth in the recession-afflicted South African economy. The CEO Initiative draws in business leaders from various sectors and rose to prominence during Pravin... 

Cummins emerges a major winner at 2018 Gender Mainstreaming Awards

18th September 2018 Cummins Africa Middle East (AME) emerged a major winner at the Gender Mainstreaming Awards at the Ticketpro Dome in Northgate, Johannesburg on Thursday 13 September. The awards are an initiative of the Business Engage Association NPC, sponsored by PricewaterhouseCoopers (PwC). The awards aim to... 

New Botswana coal mine development under way – Minergy

By: Martin Creamer     18th September 2018 Work is under way on the new Masama coal mine, which Botswana Stock Exchange-listed Minergy expects to commission in January, ahead of its primary listing on London’s Alternative Investment Market (Aim) in the first half of next year. The 390-million-tonne Masama, located in the Mmamabula... 

South Africa not planning mass layoffs in public sector to fight recession - Ramaphosa  

By: Reuters     17th September 2018 President Cyril Ramaphosa said on Monday there would be no mass layoffs of public sector workers as his government considers various ways to pull the economy out of a recession that has rattled the rand and investor confidence. The economy slipped into recession in the second quarter for the... 

Cummins emerges a major winner at 2018 Gender Mainstreaming Awards

17th September 2018 Cummins Africa Middle East (AME) emerged a major winner at the Gender Mainstreaming Awards at the Ticketpro Dome in Northgate, Johannesburg on Thursday 13 September. The awards are an initiative of the Business Engage Association NPC, sponsored by PricewaterhouseCoopers (PwC). The awards aim to... 

AngloGold’s Tropicana on track to deliver 500 000 oz/y from 2020

By: Marleny Arnoldi     17th September 2018 There is a strong focus on continuous improvement at AngloGold Ashanti’s 70%-owned Tropicana mine, in Australia, and the aim is to produce 500 000 oz/y of gold from 2020, with support from the adjacent Boston Shaker prospect. In a presentation to the media, on Monday, AngloGold Ashanti... 

The flagship event for infrastructure development in Africa

17th September 2018 Infrastructure Africa 2018 to foster funding and investment opportunities for attending developers and project owners Africa poses unique opportunities for the development of infrastructure across the continent.  There is growing demand for the development of transport, energy, ICT & telecoms... 

Mandela Mining Precinct to bolster mining sector  

By: Tasneem Bulbulia     14th September 2018 JOHANNESBURG (miningweekly.com) – Science and Technology Minister Mmamoloko Kubayi-Ngubane on Friday stressed the need for the mining industry to embrace the Fourth Industrial Revolution. Speaking at the launch of the Mandela Mining Precinct, in Melville, Johannesburg, she reassured the industry... 

Pan African expects lower earnings

By: Martin Creamer     14th September 2018 Gold mining company Pan African on Friday advised shareholders that earnings in the 12 months to June 30 are expected to be lower than for the corresponding period last year. But the challenging operational environment has been ameliorated by the pouring last month of the first gold at the newly... 

Top platinum mines keep digging even as price at decade low 

By: Bloomberg     14th September 2018 Platinum prices are languishing near the lowest in a decade, but the biggest miners are barely cutting production. Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount, with top supplier Anglo American Platinum... 

Poland says door open for South African investors 

By: Simone Liedtke     14th September 2018 Poland is open for business and remains committed to open trade between Poland and South Africa, Polish Ambassador to South Africa Andrzej Kanthak said on Friday. Speaking to delegates at the JSE’s first country investment day, in Johannesburg, which focussed on business relations between South... 

South Gauteng High Court overturns Nedlac decision on Solidarity strike

By: Schalk Burger     14th September 2018 The South Gauteng High Court, in Johannesburg, on Friday overturned the National Economic Development and Labour Council’s (Nedlac’s) decision to reject trade union Solidarity’s application for all of its members at all places of work to be permitted to lawfully participate in protest action in... 

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