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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. 

Greater demand for transparency needed in African real estate industry

By: Simone Liedtke     20th September 2018 There is a growing acknowledgement of the central role that a transparent real estate sector plays in providing healthy, productive and competitive environments for communities and businesses, investment management company JLL global research head Jeremy Kelly said on Thursday. Market... 

The future of work in a digital world

19th September 2018 By Cathy Smith, Managing Director at SAP Africa The digital age, and the new technologies it’s brought with it - blockchain, artificial intelligence (AI), robotics, augmented reality and virtual reality - is seen by many as a threat to our way of life as we know it. What if my job gets automated?... 

Engen operations in nine African countries transfer to Vivo Energy in March 2019

By: Marleny Arnoldi     18th September 2018 Oil company Engen Holdings’ operations in nine sub-Saharan African countries will be transferred to JSE-listed downstream petroleum company Vivo Energy on March 1, 2019. The $203.9-million transaction will see Vivo’s retail service station network expand from 15 to 23 countries in Africa,... 

Renewable-energy guide offers insight into maturing African markets

By: Schalk Burger     14th September 2018 Global law firm DLA Piper has characterised the regulatory environments for renewable-energy projects in 12 African countries in response to developing markets on the continent, says DLA Piper Global co-chair of energy sector Natasha Luther-Jones. Renewable energy projects are becoming... 

Satellite operator launches South Africa-based operations

By: Natasha Odendaal     14th September 2018 Satellite operator Avanti Communications Group has officially launched its South Africa-based operations as it continues a corporate revamp and continued investment and focus in Africa. “The announcement is underpinned by Avanti’s continued commitment to investing in Africa through a direct local... 

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

By: Creamer Media Reporter      12th 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 line-up of stellar... 

Kenya economic growth to be curbed by new tax on fuel – industry

By: Reuters     7th September 2018 Kenya's economic growth momentum for this year could be snuffed out if a widely unpopular 16% value-added tax on fuel is maintained, the country's chamber of commerce said on Friday, pointing at higher prices of goods and transport. The tax, which came into force on September 1, is part of a... 

African Chemicals Imbizo: The Gateway to Africa

7th September 2018 eThekwini Municipality and the Durban Chemicals Cluster will host the continent’s largest chemicals manufacturing event focussed on driving chemicals manufacturing growth and trade. The fourth African Chemicals Imbizo 2018 takes place on 24 October 2018 at the Durban ICC. It will strengthen ties... 

Thingstream local partnerships fast-track SA IoT innovation

By: Creamer Media Reporter      5th September 2018 From tracking vultures to monitoring trucks across the continent, IoT enablers Thingstream’s new partnerships in South Africa are driving the development of more cost-effective IoT innovations, faster. Thingstream, which earlier this year announced it was expanding into South Africa via a local... 

Kenya 428 km power line complete, to add 310 MW to grid by December

By: Reuters     5th September 2018 A high-voltage power line to carry electricity from a 310 MW wind power plant to central Kenya from the north is complete and supply to the national grid will stabilise by December, the energy minister said, replacing diesel generation. The 428 km, 400 kV power line is critical for the Lake... 

At China-Africa summit, officials dismiss debt criticism

By: News24Wire      5th September 2018 Chinese and African officials have rejected criticism of Beijing's development projects on the continent as they ended a summit that included a $60-billion pledge for more aid to the continent. President Xi Jinping hosted leaders from across Africa  amid questions whether his country's Belt and... 

GemCap investment allows Linebooker to venture outside South Africa

By: Irma Venter     4th September 2018 African Rainbow Capital Investments subsidiary GemCap has acquired online transport management business Linebooker from the Oceana Group for an undisclosed amount.   “The investment by GemCap is significant in that it gives us the scope and capital to expand our service offering and logistical... 

Safaricom faces $4.5m fine for failing to connect small firms

By: Reuters     3rd September 2018 Kenya's biggest telecoms operator Safaricom faces a fine of around $4.5-million for failing to connect calls made to smaller firms, according to company and regulatory documents reviewed by Reuters. The Communications Authority of Kenya (CA) has imposed a fine on Safaricom, part-owned by South... 

Volkswagen signs assembly, policy MoUs in Nigeria, Ghana

By: Irma Venter     3rd September 2018 Volkswagen has added Ghana and Nigeria to its list of future vehicle assembly operations in Africa. The German manufacturer is already active on assembly sites in Kenya, Algeria and Rwanda. 

Kenya mulling oil pipeline connecting it to Ethiopia, South Sudan

By: John Muchira     31st August 2018 Kenya is set to embark on a feasibility study for a 790 km crude oil pipeline connecting the country to Ethiopia and South Sudan. The Lamu–Isiolo–Moyale pipeline will be part of the Lamu Port–South Sudan–Ethiopia–Transport (Lapsset) Corridor project, which is aimed at not only facilitating the... 

Base hoping for Kwale-size operation at Toliara

By: Esmarie Swanepoel     30th August 2018 Mineral sands producer Base Resources was hoping to develop its Toliara sands project, in Madagascar, into a similar size operation as its Kwale mineral sands project, in Kenya. “It has to be strategically relevant, and it won’t make sense to us if the operation is smaller than Kwale,” Base MD... 

Adcock Ingram’s HEPS rise 25.5%, despite economic, consumer headwinds

By: Simone Liedtke     29th August 2018 JSE-listed Adcock Ingram reported headline earnings per share (HEPS) from continuing operations of 387.7c for the year ended June 30, representing a year-on-year increase of 25.5%. Headline earnings for the period were R644.7-million, up from R513.7-million in the prior financial year. 

South African farmers play chicken with Trump tariffs

By: Reuters     29th August 2018 Herman Pretorius is just the kind of white South African farmer US President Donald Trump expressed concern for when he barged into the country's delicate land reform debate by ordering an investigation into the "large-scale killing of farmers". But for the greying, bespectacled 58-year-old,... 

AECOM appoints new Business Development Lead for CI in East Africa

By: Creamer Media Reporter      27th August 2018 Integrated infrastructure delivery company AECOM has appointed João Ramos as its Business Development Lead for Civil Infrastructure in East Africa as of 18 June 2018. Ramos is a professional civil engineer, with a Master’s of Science in Civil Engineering from the IST, the Technical University of... 

Kenya expressway project hangs in the balance

By: John Muchira     24th August 2018 Construction of a $2.1-billion expressway between the Kenyan capital of Nairobi and the port city of  Mombasa hangs in the balance following a decision by President Ururu Kenyatta's government not to finance the project through debt. Instead, it has directed the contractor, US construction giant... 

Italtile delivers resilient FY18 performance despite subdued consumer sentiment

By: Marleny Arnoldi     22nd August 2018 JSE-listed Italtile has declared an ordinary dividend a share of 38c for the year ended June 30, which is a 27% increase on the dividend of 30c declared for the prior financial year. The higher dividend follows a strong trading profit of R1.5-billion, which is up 43% on the trading profit of... 

ExecuJet to welcome first Pilatus PC-24 to Africa in Oct

By: Simone Liedtke     21st August 2018 Aviation company ExecuJet, which is part of the Luxaviation group, will, in October, become the first business aviation company to operate and manage a Pilatus PC-24 Super Versatile Jet in Africa. With the aircraft to be based at the Cape Town International Airport, ExecuJet will be responsible... 

Nairobi Securities Exchange suspends trading of Kenya's ARM Cement

By: Reuters     20th August 2018 The Nairobi Securities Exchange (NSE) said on Monday it had suspended trading of Kenya's ARM Cement three days after it was put under administration. "The suspension in trading of the company's shares takes effect from August 20, 2018," NSE said in a statement. "This suspension shall remain in... 

Experts collaborate to deliver project in Kenya

17th August 2018 Integrated infrastructure delivery company Aecom’s Nairobi team, consisting of experts from South Africa, Kenya, Germany and the US, is working on a civil-structure assessment project for a transmission line in Kenya. “A major advantage for Aecom in the region is its ability to leverage its... 

Kenya's ARM Cement CEO says to leave post, to stay as board member

By: Reuters     16th August 2018 The chief executive officer of Arm Cement said on Thursday he planned to leave his post as part of a management shake-up, but would stay on as a board member. "As founder shareholder and entrepreneur, I will be an active Board member and support the incoming CEO and the management team in... 

Wide Stabila range caters for diverse requirements and applications

13th August 2018 Stabila’s continuously expanding range of highly accurate German-engineered measuring tools sets it apart from competitors supplying the local and African markets. Stabila’s official Southern African distributor Upat carries out significant market research before adding the latest tools to its... 

Kenya charges top officials with fraud over new $3bn railway

By: Reuters     13th August 2018 A Kenyan court on Monday charged the heads of the agency that manages public land and of the state railway with fraud over land allocation for a new $3-billion train line linking the capital with East Africa's biggest port. The line between Nairobi and Mombasa, funded by China, is one of the... 

Government changes shake up the sub-Saharan African construction sector

By: Anine Kilian     10th August 2018 International consultancy and construction company Mace has released its latest tender cost update for sub-Saharan Africa, showing mixed performances for the region’s two most prominent economies.    

Uber rival Taxify bets on motorcycles and rickshaws in East Africa

By: Reuters     10th August 2018 Taxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets, will invest millions of euros in East Africa in the next five years with a strategy focused on motorised rickshaws and motorcycles, it said on Thursday. The company, which already operates in five cities in... 

Industry provider to expand African footprint

By: Tasneem Bulbulia     10th August 2018 With many emerging and developing industries in Africa, as well as greater awareness of environmental issues and concerns, instrumentation manufacturer E Instruments regards the continent as an area of growth for its business. E Instruments product manager Bill Freed tells Engineering News that... 

Embraer’s new-generation airliner demonstrated in Africa, including South Africa

By: Rebecca Campbell     10th August 2018 Brazilian aerospace major Embraer’s new generation smaller (less than 150 seats) single-aisle airliners, the E2 family, are attracting considerable interest in Africa, Embraer Commercial Aviation VP: Middle East and Africa Raul Villaron tells “Engineering News”. From smallest to biggest, the E2... 

AECOM continues to secure major infrastructure contracts in East Africa

By: Creamer Media Reporter      7th August 2018 Integrated infrastructure delivery company AECOM continues to secure major contracts in East Africa through its Nairobi office. This forms part of a concerted strategy to target transportation, water, and power projects in Ethiopia, Uganda, Rwanda, Tanzania, and Kenya. A major advantage for AECOM... 

New legal and innovation expertise on board at the Bigen Group

By: Creamer Media Reporter      7th August 2018 Dr McLean Sibanda, until recently CEO of The Innovation Hub Management Company (TIH) in Pretoria, has joined the Bigen Group as Executive: Investments and Concessions at its head office located at The Innovation Hub precinct in Pretoria. The Bigen Group is a leading multinational infrastructure... 

S African company supplies four hoppers to Kenyan port

By: Halima Frost     3rd August 2018 South Africa-based equipment supplier BLTWORLD has assisted in supplying four materials handling specialist SAMSON Eco-Hoppers to the Kenyan Port of Mombasa, in June this year. Acquiring the hoppers is part of the Mombasa Resilient Infrastructure Programme (MRIP) initiative by the Kenya Ports... 

PwC suggests reviewing corporate culture to combat economic crime

By: Nadine James     2nd August 2018 Digital innovation and technology have given rise to new attack surfaces for economic criminals and fraudsters, resulting in the rate of instances growing at exponential levels, PwC’s 2018 ‘Global Economic Crime’ survey shows.   The survey, released on Thursday, notes that just under half of... 

Goldplat FY18 financials expected to be in line with market expectations

By: Simone Liedtke     30th July 2018 Aim-listed gold producer Goldplat expects its consolidated profit, before tax, for the financial year ended June 30, to be in line with market expectations, despite Kilimapesa Gold (KPG) having experienced a poor final quarter financially. While Kilimapesa Plant 1 was shut down during the final... 

New generation Embraer airliner on demonstration visit to South Africa

By: Rebecca Campbell     27th July 2018 Brazilian aerospace major Embraer’s new generation smaller (less than 150 seats) single-aisle airliners, the E2 family, are attracting considerable interest in Africa, Embraer Commercial Aviation VP: Middle East and Africa Raul Villaron told Engineering News Online on Friday. From smallest to... 

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