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Total wins Newcrest Lihir Gold Mine Mining Contract

By: Creamer Media Reporter      14th September 2018 Total, the 4th largest international energy company has been awarded a 4-year contract with Newcrest’s Lihir Gold Mine in Papua New-Guinea (PNG), following a competitive tender process that began last November. During the term of the contract, Total will be supplying 14 million litres of... 

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... 

Only genuine Cummins parts can ensure long-term reliability and durability

12th September 2018 Cummins has embarked on a concerted campaign to educate customers about the disadvantages, and even dangers, of using non-genuine parts. “While many customers believe that doing so incurs an upfront cost-saving, our aim is to expose the detrimental long-term impact on engine lifespan in... 

Many parts of the world not ready for super fast 5G network – MTN's CEO

By: Reuters     12th September 2018 Many parts of the world are not ready for next-generation 5G network but would likely be ready to embrace the super-fast technology in the next few years from now, MTN's chief executive of said on Tuesday. 5G networks, now in the final testing stage, will rely on denser arrays of small antennas... 

Aspen mulls sale of infant formula unit

By: Reuters     11th September 2018 South African drug maker Aspen Pharmacare said on Tuesday it was in discussions to sell its global infant formula business, but did not give any further details. Aspen's infant milk formula business sells infant milk formula in the Asia-Pacific, Sub-Saharan Africa and Latin America, and has a... 

Alaris aiming to grow global footprint with solid FY18 results

By: Simone Liedtke     11th September 2018 AltX-listed Alaris Holdings on Tuesday said its continuing operations performed well during the financial year ended June 30, with a number of large orders received from Europe and the Middle East. During the period, the technology holding company managed to grow revenue by 17% from... 

MTN CEO confident about Nigeria dispute as firm applies for injunction

By: Reuters     10th September 2018 Telecoms firm MTN Group said on Monday it was confident a multi-billion dollar dispute with the Nigerian government would be resolved even as it applied for a court injunction to protect its Nigerian assets. Nigeria's central bank last month ordered MTN's Lagos-based unit to hand over... 

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... 

Significant growth expected in flame arrestor market

7th September 2018 The global flame arrestors market is estimated to be $713.8-million in 2018 and is projected to reach $924.7-million by 2023, at a compound annual growth rate of 5.31%, according to research company Research and Markets. In their report titled ‘Flame Arrestors Market by Type (In-Line and... 

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... 

China's Xi offers another $60bn to Africa, but says no to 'vanity' projects

By: Reuters     3rd September 2018 Chinese President Xi Jinping offered another $60-billion in financing for Africa on Monday and said Chinese companies will be encouraged to invest no less than $10-billion over the next three years, but he also warned against "vanity projects". Speaking at the opening of a major summit with... 

China's Xi says no strings attached to funds for Africa

By: Reuters     3rd September 2018 Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment. Xi said at a business forum before the start... 

Technical analytical firm offers sector-focused laboratory services

By: Schalk Burger     31st August 2018 Sci-Ba focuses on providing highly technical analytical services for commercial companies across a range of industries and has been divided into ten sector-focused laboratories to cater for the needs of specific industries, says Sci-Ba co-founder and director David Long. Developing new tests and... 

VECV launches heavy-duty Eicher trucks, mulls bus entry

By: Irma Venter     29th August 2018 VE Commercial Vehicles (VECV) South Africa, a Volvo Group and Eicher Motors joint venture, has entered the domestic heavy-duty truck market, with the start of sale of its Pro 6000 series trucks. This will add to the Pro 3008 8.5 t gross vehicle mass (GVM) truck range introduced when the company... 

MSQ, Coega SEZ to build R100m medical device factory

By: Shirley le Guern     28th August 2018 South African healthcare company MSQ is positioning itself to become South Africa’s third active pharmaceutical ingredient (API) manufacturer. The company, which has set its sights on becoming a market leader in a sector dominated by imports, has teamed up with the Coega Special Economic Zone... 

China says projects not to blame for majority of Africa debt

By: Reuters     28th August 2018 Chinese development projects do not account for a majority of the debt on African countries, a senior Chinese official said on Tuesday ahead of a summit with African leaders in Beijing next week. China's "Belt and Road" initiative has been praised by supporters for providing vital financing to... 

MTN optimistic about its Iran business despite renewed US sanctions

By: Natasha Odendaal     24th August 2018 Telecommunications group MTN remains optimistic over prospects in Iran, despite the recently renewed US sanctions blocking further attempts at repatriating funds due to it from 49%-owned joint venture MTN Irancell. In May, the US withdrew from the Joint Comprehensive Plan of Action (JCPOA)... 

Secure multicloud environments key to digital transformation

By: Schalk Burger     24th August 2018 Providing application-centric security for multi-cloud environments is necessary to secure the many and increasing complex and cross-platform interactions of modern business and industry. Flexibility of use, movement of resources, data, workloads and accessibility across a range of devices are... 

Ford produces 500 000th Ranger in South Africa

By: Schalk Burger     24th August 2018 Ford Motor Company of Southern Africa’s (FMCSA’s) Silverton assembly plant, in Pretoria, has produced its 500 000th Ford Ranger. “The current Ford Ranger has been a remarkable success story for FMCSA, and we are delighted to have reached the 500 000 mark for this vehicle programme,” says Ford... 

Major engineering milestone as Lesotho dam achieves full capacity

By: Creamer Media Reporter      23rd August 2018 The new $100-million Metolong Dam in Lesotho has achieved a significant project success this year, with the dam spilling for the first time since its completion in 2016. Spilling occurs when the dam is at full capacity, and the dam’s spillway – meant to direct excess water downstream during... 

Engineering milestone as $100m Lesotho dam achieves full capacity

By: Anine Kilian     22nd August 2018 The new $100-million Metolong dam, in Lesotho, has achieved a significant project success this year, with the dam spilling for the first time since its completion in 2016.  Spilling occurs when the dam is at full capacity, and the dam’s spillway – meant to direct excess water downstream during... 

Cellular concrete holds potential in South Africa for rapid construction

By: Schalk Burger     17th August 2018 Lightweight and strong cellular concrete can reduce the time required to build various elements of buildings and houses in South Africa, although it is currently mostly limited to fill-in applications, says cellular concrete firm Lightbuild Technologies Paul Drozdov. Cellular concrete is... 

Ford produces milestone 500 000 Rangers in South Africa

By: Schalk Burger     14th August 2018 Ford Motor Company of Southern Africa’s (FMCSA’s) Silverton assembly plant, in Pretoria, has produced its 500 000th Ford Ranger. “The current Ford Ranger has been a remarkable success story for FMCSA, and we are delighted to have reached the 500 000 mark for this vehicle programme,” Ford Middle... 

Growth projected for global industrial furnaces and ovens market

10th August 2018 The global industrial furnaces and ovens market will reach $10 800-million by 2025, according to a report by market researcher QY Research. The global industrial furnaces and ovens market was valued at $9 530-million in 2017 representing a compound annual growth rate (CAGR) of 1.6% between... 

Gold demand falls 4% y/y in Q2

By: Anine Kilian     2nd August 2018 Global gold demand remained muted at 964 t in the second quarter, 4% lower year-on-year, according to the World Gold Council’s (WGC’s) latest ‘Gold Demand Trends’ report. Speaking to Mining Weekly Online, WGC member and market relations head John Mulligan said mine production in the second... 

Energy access solution lies in adopting VRFB technology in renewable energy – Nikomarov  

By: Simone Liedtke     1st August 2018 With about 650-million people in Africa currently without access to electricity, Bushveld Minerals subsidiary Bushveld Energy CEO Mikhail Nikomarov believes the solution lies in area-specific solutions. He explained in an interview with Mining Weekly Online that a solution needs to be an... 

AECOM offers architecture as part of its multi-disciplinary offering

By: Creamer Media Reporter      1st August 2018 Well-known as an integrated infrastructure delivery company in Africa, AECOM also offers architectural services, which is rapidly gaining traction on the continent, especially in East Africa. What differentiates AECOM from traditional architectural and design practices is that it is able to offer... 

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... 

Oando financials thrive on back of high-demand, low-supply oil environment

By: Marleny Arnoldi     27th July 2018 JSE-listed Nigerian energy group Oando reported a solid financial footing for the first half of the year on the back of higher oil prices as a direct consequence of increasing demand and lower supply. Higher oil prices, and the resolution of joint venture funding challenges with the Nigerian... 

LafargeHolcim restructuring, Africa troubles dent H1 profit

By: Reuters     27th July 2018 LafargeHolcim first half profit fell 43%, the company said on Friday, as the world's largest cement took 300-million Swiss francs ($301.81-million) in restructuring costs from its overhaul under Chief Executive Jan Jenisch. The Zurich company said first-half net profit tumbled to 371-million... 

Strong growth in smaller airliner segment predicted by Brazilian aerospace group

By: Rebecca Campbell     27th July 2018 Brazilian aerospace group Embraer, one of the world’s top two regional jet manufacturers, has forecast a global demand for 10 550 new airliners with capacities of 150 seats or less, over the next 20 years. This prediction was released at Farnborough in the UK on the day before the start of the... 

Strong demand forecast for pilots, technicians and cabin crew in Africa and globally

By: Rebecca Campbell     25th July 2018 Africa will need 29 000 pilots over the next 20 years, US aerospace group Boeing has forecast. The continent will also need 28 000 technicians and 29 000 cabin crew. These predictions were made in the group’s 2018 “Pilot & Technician Outlook”, released on Tuesday. The report divides the world... 

BAIC SA opens vehicle assembly plant at Coega IDZ

By: Marleny Arnoldi     24th July 2018 Chinese vehicle manufacturer Beijing Automotive Group’s South African subsidiary, BAIC SA, on Tuesday opened its 88 969 m2 vehicle assembly plant, in the Coega Industrial Development Zone, near Port Elizabeth.   The company has completed the critical construction and equipment installation... 

ExecuJet becomes maintenance provider for Honeywell TFE731 engines

By: Simone Liedtke     24th July 2018 Aviation company ExecuJet, part of the Luxaviation group, is now the provider of major maintenance on Honeywell TFE731 engines in Europe, the Middle East, Africa and India (EMEAI). ExecuJet’s Johannesburg-based maintenance, repair and overhaul (MRO) facility was awarded the rights by Honeywell... 

In Senegal, China's President Xi pledges stronger Africa ties

By: Reuters     23rd July 2018 China's President Xi Jinping pledged during a visit to Senegal on Saturday to strengthen economic ties with Africa, a continent already awash with cheap Chinese loans in exchange for minerals and huge construction projects. Xi arrived in Senegal on Saturday for a two-day visit to sign bilateral... 

FCA South Africa appoints new CFO, head of network development

By: Creamer Media Reporter      20th July 2018 Fiat Chrysler Automobiles (FCA) South Africa has appointed Juan Wheeler CFO and Daniell Theron head of network development. He has served in various regions within Ford Motor Company for the last 20 years including South Africa, South East Asia and the Middle East. 

Ramaphosa’s $100bn investment target will be reached in a year – Brics ambassador 

By: African News Agency      18th July 2018 The target set by President Cyril Ramaphosa to garner $100-billion in local and foreign investment to boost the South African economy is “modest” and would be achieved within a year, Professor Anil Sooklal said on Tuesday. “The $100-billion is a modest target. I believe we will reach that in a... 

Ethekwini Municipality Supports Intra-African Chemicals Trade

18th July 2018 Durban to Host African Chemicals Imbizo 2018 The recent signing of commitment to the African Continent Free Trade Area (AfCTA) by 27 African states creates significant opportunity for stronger intra-Africa trade and regional integration. Intra-Africa trade is seen as one of the ways in which the... 

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