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New Century starts slurry movement

By: Esmarie Iannucci 11th September 2018 Based metals miner New Century Resources has started pumping zinc concentrate along the slurry pipeline to its port facility in Karumba. The company on Tuesday said that the operation of the slurry pipeline was another important milestone for New Century, with the saleable zinc concentrate... →

Afrox achieves double-digit HEPS growth amid subdued economic environment

By: Simone Liedtke 10th September 2018 Despite low economic growth in the six months to June 30, JSE-listed African Oxygen (Afrox) achieved double-digit growth in its headline earnings per share (HEPS) to 104c, representing an increase of 11.5% from the HEPS of 93.3c recorded for the six months to June 30, 2017. Referring to the... →

Manganese takes pole position in ARM’s earnings surge

By: Martin Creamer 10th September 2018 Manganese formed the backbone of the earnings performance of diversified mining company African Rainbow Minerals (ARM) in the 12 months to June 30, delivering 64% of the headline earnings, at R1.9-billion, and helping the company move into a strong net cash position by recording the best margin.... →

Fortress secures blue-chip tenant Vodacom for Louwlardia logistics park

By: Marleny Arnoldi 10th September 2018 Real estate investment trust Fortress has secured telecoms and services provider Vodacom as a new tenant at its Louwlardia logistics park development, in Centurion, Gauteng, on a five-year lease, with the option to renew for a further five years. Vodacom will occupy a 17 000 m2 warehouse at... →

Maxiflex delivers sweet door solutions to leading Eastern Cape citrus fruit company

7th September 2018 Maxiflex’s reputation as a purveyor of world-class quality door solutions and services was instrumental in securing an order for an overhead panel sectional door from a leading citrus fruit handling company situated in the Eastern Cape. The customer required a specialised door solution for their... →

SAPICS Inspires Young Graduates And Students To Tackle Supply Chain Profession’s Skills Gap

7th September 2018 Reflecting its commitment to attracting and developing a pipeline of talent to address the critical skills gap in the supply chain profession, SAPICS, The Professional Body for Supply Chain Management, recently hosted its 4th annual Young Professional and Student Conference in Johannesburg.... →

Blockchain for enterprise cloud platform to raise transaction trust

By: Schalk Burger 7th September 2018 Cloud technology multinational Oracle’s Blockchain Cloud Service provides a development platform for enterprises and State organisations to build their own scalable and low-cost blockchain networks, says Oracle cloud platform business development director and Europe, Middle East and Africa... →

South Africa’s logistics ranked third among upper-middle-income countries

By: Simone Liedtke 6th September 2018 The 2018 World Bank Logistics Performance Index (LPI) ranks South Africa as the third most competitive market behind Thailand and China in terms of logistics performance among upper-middle-income economies ranking. Brand South Africa on Thursday welcomed the results of the LPI, which also sees... →

AI in your car: ways in which driving will change forever

By: Creamer Media Reporter 6th September 2018 Artificial Intelligence embedded throughout vehicles and roads infrastructure will be as revolutionary for transport as the internal combustion engine once was, says Payment24. Autonomous or self-driving vehicles may appear to be a new phenomenon, but key transport manufacturers and... →

Partnerships enable HighJump to bring new supply chain technology to Africa

By: Schalk Burger 5th September 2018 With the help of its partners, supply chain software company HighJump is bringing new logistics, freight and warehouse technologies into South Africa and Africa. These technologies include the use of voice commands, which will be important to interact with automated systems and robots that are a... →

Ethiopia opens logistics sector to foreign investment

By: News24Wire 5th September 2018 Ethiopia will open its logistics sector to foreign investors but cap their participation, the State investment body said on Tuesday in the latest reform to loosen the government's control of the economy. Prime Minister Abiy Ahmed has presided over a shake-up of one of the most heavily-regulated... →

African rail industry urged to adopt concepts of Fourth Industrial Revolution

By: Nadine James 4th September 2018 The African rail industry must adopt the concepts and develop the technologies of the Fourth Industrial Revolution to facilitate, and realise, the industrialisation aspirations of the continent, delegates attending a South African Heavy Haul Association (SAHHA) technical workshop, on Tuesday,... →

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... →

Durban, South Africa Student Receives $ 2,500 Scholarship From The Ups Foundation

3rd September 2018 Kirsten Ashleigh Small, age 19, and a recent matriculant of Westville Girls’ High School in Durban, Kwa-Zulu Natal, has been chosen as one of 43 winners of a James E. Casey Scholarship. This annual award is presented by The UPS Foundation, the charitable arm of UPS® (NYSE:UPS), and is awarded to... →

China's TBEA to invest in €180m Gabon hydropower project – Gabon official

By: Reuters 3rd September 2018 Chinese energy firm TBEA will invest in a €180-million ($209-million) hydropower project in Gabon alongside the West African country's sovereign wealth fund, a Gabonese official said on Saturday. Construction will begin "pretty soon" on the project, which will have a power generation capacity of... →

Bell reports strong H1 results, remains bullish on South African market

By: Nadine James 31st August 2018 JSE-listed Bell Equipment achieved a 6% year-on-year increase in revenue to R3.7-billion for the six months to June 30. Headline earnings a share increased by 10% to 131c and an interim dividend of 20c was declared. →

Grindrod reports strong recovery in interim earnings

By: Marleny Arnoldi 31st August 2018 Freight and financial services group Grindrod has achieved a strong year-on-year recovery in the six months to June 30, with its earnings a share having increased to 317c, compared with a loss a share of 11.5c in the first half of 2017. Headline earnings a share were 3.8c, compared with a... →

Monarques to idle Beaufor in Quebec

By: Mariaan Webb 31st August 2018 The Beaufor gold mine, near Val-d’Or, Quebec, will be temporarily suspended on December 14 and placed on care-and-maintenance, TSX-V-listed Monarques Gold announced on Thursday, citing persistent weakness in the gold price and lower-than-expected grades. As a result, the workforce will be cut to... →

OneLogix continues upward growth trajectory in FY18

By: Simone Liedtke 30th August 2018 Despite the tough economic environment, JSE-listed OneLogix achieved an 82% year-on-year increase in earnings per share (EPS) to 52.7c for the financial year ended May 31. Headline earnings per share (HEPS) and diluted HEPS both increased by 14% to 33.7c. →

Mobility as a Service could be defining in the future of city transport – ITLS

By: Marleny Arnoldi 30th August 2018 Mobility-as-a-Service (MaaS) can, when integrated with smart mobility and public transport, provide efficient transport services for city inhabitants, says Institute of Transport and Logistics Studies (ITLS) founder and director and Sydney Business School Professor David Hensher. Speaking at a... →

Railway constraints take their toll on India’s captive thermal power plants

By: Ajoy K Das 30th August 2018 Captive thermal power plants in India are facing coal supply shortages, as a result of constraints in the availability of railway wagons to transport the coal. Not officially acknowledging any shortage of coal and instead blaming distribution bottlenecks for the supply challenges, the country’s... →

The Rands and Cents of Sustainability

By: Creamer Media Reporter 30th August 2018 Green credentials have become a fashionable must-have for organisations in most industries, however, to effect real change, environmental policy needs to be far more than rhetoric, or indeed, a compliance exercise. It is a simple truth that robust and long-term sustainable practices translate... →

Bulk sampling programme gets under way at Nayega manganese project

By: Marleny Arnoldi 28th August 2018 Aim-listed Keras Resources has started Phase 1 of its 10 000 t bulk sampling testwork programme, at its Nayega manganese project, in northern Togo. Carriere Mines Travaux Public was appointed as mining and logistics contractor, which has established the testwork site and started the mining... →

SKF provides technical acumen as proud sponsor of the 2018 Sasol Solar Challenge

28th August 2018 SKF is proud to be one of the event sponsors in the prestigious 2018 Sasol Solar Challenge (SSC). The eight day solar journey kicks off in Pretoria, Gauteng, on 22 September, finishing in Stellenbosch, Western Cape, on 29 September. This biennial competition draws teams from across the world;... →

Master Drilling mulling year-end dividend, launching blast-free borer

By: Martin Creamer 28th August 2018 Innovative drilling technologies company Master Drilling, which will next month launch a new blast-free mobile tunnel boring machine that is expected to have a far-reaching beneficial impact on mining, on Tuesday reported satisfactory results for the six months ended June 30. The Johannesburg... →

Super Group buoyed by commodities, new acquisitions

By: Irma Venter 27th August 2018 An excellent performance from the commodities businesses within Supply Chain Africa, good contributions from a number of acquired businesses and solid results from the SG Fleet have seen Super Group post a 15% jump in operating profit, to R2.4-billion, for the financial year ended June 30.... →

Sars to re-establish Large Business Unit, Illicit Economy Team

By: Simone Liedtke 27th August 2018 The South African Revenue Service (Sars) will be re-establishing the Large Business Unit and the Illicit Economy Team. The decision, which was made by Sars acting commissioner Mark Kingon and the Sars executive committee, was based on the “pivotal role that these units play in enabling Sars to... →

GAIL to hire out gas pipeline capacity to avoid company break-up

By: Ajoy K Das 27th August 2018 State-run natural gas logistics and marketing major GAIL India will start hiring capacity on its vast pipeline network to third-party gas transporters in a bid to prevent government’s plans to break up the company. Under the new business plan, GAIL will offer common carriers the option of hiring... →

Tshipi Borwa operations suspended following pit wall failure

By: Marleny Arnoldi 27th August 2018 The Department of Mineral Resources (DMR) has served a Section 54 notice on ASX-listed Jupiter Mines’ Tshipi Borwa manganese mine, in South Africa’s Kalahari manganese field, to temporarily suspend operations. The notice was reportedly issued owing to a recent pit wall failure and drilling and... →

New bridge to improve access to Brackengate 2 logistics park

By: Creamer Media Reporter 24th August 2018 JSE-listed diversified real estate investment trust (Reit) Redefine Properties and VDMV Property Group on Friday officially opened the newly improved Cilmor road bridge over the R300. The bridge, which was completed in August, was built at a cost of R27-million and is expected to further improve... →

Leading international provider of automotive logistics solutions in China: Kuehne + Nagel establishes Joint Venture with Sincero

24th August 2018 Kuehne + Nagel to hold the majority share of the joint venture Enlargement of the contract logistics footprint for the automotive industry in China by almost 70 per cent →

Donating 67 minutes for Mandela

24th August 2018 Nonprofit organisation FoodForward SA and supermarket Pick n Pay South Africa joined forces on Mandela Day this year to raise food for some of the 14-million people living in food insecure households. A total of 151 tons of food was collected from various Pick n Pay stores countrywide, which was... →

Compact aluminium gear units used in F&B industry

24th August 2018 Automation and drive specialist SEW-EURODRIVE South Africa has introduced a new assembly line at its Johannesburg head office for local production of its K19 and K29 helical bevel gear units. One of the key features of the K19 and K29 series is its compactness and all-aluminium construction,... →

GAIL plans core, noncore diversification

By: Ajoy K Das 23rd August 2018 India’s State-owned natural gas marketer and infrastructure provider, GAIL India, is seeking to diversify into ‘core’ and ‘noncore’ business verticals that extend from solar power generation and electric vehicle charging stations to water transportation pipelines. The natural gas logistics major... →

Fortress builds on strong logistics portfolio, targets increased share distribution

By: Marleny Arnoldi 22nd August 2018 Real estate investment trust Fortress has reported an increase of 4.53% to 141.8c apiece for its A-share distribution for the year ended June 30, while its B-share distribution increased by 4.07% to 179c apiece. Fortress is active in high-growth nodes that have prime logistic warehousing,... →

Imperial unbundling to be implemented in Q4, says Akoojee

By: Irma Venter 21st August 2018 It is anticipated that the unbundling of the Imperial group will be implemented in the fourth quarter of this calendar year, says Imperial acting CEO Mohammed Akoojee. Speaking at the company’s annual results announcement in Johannesburg on Tuesday, he said Imperial Holdings would be renamed... →

Study initiated to assess conversion of Kelvin power station from coal to gas

By: Terence Creamer 21st August 2018 A $1.3-million feasibility study has been initiated into the prospect of converting the coal-fired Kelvin power station, east of Johannesburg, into a 450 MW to 600 MW gas-fired power station. The study will also assess the potential for developing the Kelvin site into a gas distribution hub for... →

Get your house in order, MPs tell Transnet

By: Reuters 17th August 2018 Parliament's watchdog on public account on Friday said it had instructed the Transnet board and management to curb graft at the State-owned company. "The Standing Committee on Public Accounts (Scopa) has told the Transnet Board and management to stop the looting because the business is able to... →

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