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African ports define development roadmap for 2018 and beyond

     22nd September 2017 Over 20 African ports authorities, terminal operators and Ministries of Transport convene in Durban, South Africa this October for strategic think-tank discussions around port optimisation and modernisation across the region.  The African Ports Evolution initiative sets the backdrop for the... 

Legislation, without enforcement, is useless in combating poaching in Africa – expert

By: African News Agency      22nd September 2017 Passing legislation, which is not backed up by competent law enforcement on the ground, will not save Africa’s wildlife from the scourge of poaching, an expert said on Thursday. Speaking at ENACT’s World Rhino Day seminar of the Institute for Security Studies (ISS) and Interpol, panellist Tapuwa... 

Zinc darling Trevali poised for further organic, M&A growth as prices climb

By: Henry Lazenby     22nd September 2017 Following the recent $400-million acquisition of a portfolio of zinc assets from mining major Glencore, Vancouver-headquartered Trevali Mining has become the go-to investment vehicle for investors keen to get in on rising zinc prices. Supported by strong fundamentals, including a growing supply... 

Local unit of helicopter group introduces electronic aid for pilots, maintainers

By: Keith Campbell     22nd September 2017 Following authorisation by the South African Civil Aviation Authority, Airbus Helicopters Southern Africa (AHZA) has now released its Fleetkeeper product to the South African market. Fleetkeeper is an electronic flight folio and electronic technical logbook. South Africa is one of the the first... 

Rocla marks 100 years in SA precast concrete market

By: Dylan Slater     22nd September 2017 Precast concrete products manufacturer Rocla is celebrating 100 years in existence in South Africa this month, attributing its success to customer satisfaction, competitive pricing, good-quality products and timeous delivery.  

More British funds for trade with South Africa and renewed bilateral commitment to post-Brexit trade

By: Keith Campbell     20th September 2017 British International Trade Secretary (equivalent to Minister in South Africa) Dr Liam Fox announced in Pretoria on Wednesday that his country’s export credit agency, UK Export Finance, has increased the funds available to South African enterprises buying British goods and to British companies... 

Renttech SA: ‘Business as usual’ – with a renewed focus: New MD to ensure higher than ever service, product and technical excellence

     18th September 2017 Renttech South Africa has a proud 20-year track record of providing a combination of high-quality local and international branded equipment for rental or purchase, allied to superb customer service and business integrity. After two decades, a new Managing Director, Duncan Whitehead, has taken up... 

Khato Holdings is making great strides in Botswana and other SADC states 

     18th September 2017 Khato Civils has also established a country office in Botswana, where it has 60-million pula of equipment and has bought a 4 ha site on which to construct its head office in the country. Khato Civils CEO Mongezi Mnyani explains that the building plans are in the last stages of being approved by... 

BMG launches R400m World site facility in Gauteng

By: Mia Breytenbach     15th September 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago. “The company’s R400-million investment to upgrade... 

New retail development to open in Walvis Bay

By: Mia Breytenbach     15th September 2017 The new R500-million Dunes Mall in Walvis Bay, Namibia, is in the final stages of completion, with its doors set to open next month. The mall is developed by South African property developer and investor Atterbury, in partnership with local developers Tradehold. 

PetroSA upbeat about gas exploration

By: Kim Cloete     12th September 2017 Despite a slowdown in exploration and an underinvested industry, South Africa still holds great prospects for exploration in gas, believes PetroSA chief geophysicist Peter Dekker. He told delegates at the South African Geophysical Association (Saga) conference, in Somerset West, that there were... 

Lossmaking Basil Read pushing ahead with ‘extensive restructuring’

By: Irma Venter     8th September 2017 Construction and engineering group Basil Read has announced a R458.8-million operating loss for the six months ended June 30, compared with a R73.4-million profit for the same period last year. Revenue from continuing operations declined from R2.5-billion, to R2.27-billion. 

SKA Africa partner countries to collaborate on radio astronomy

By: Mia Breytenbach     8th September 2017 Following the conclusion of the fourth Ministerial meeting of the Square Kilometre Array (SKA) Africa partner countries in Accra, Ghana, last month, members of the nine countries, represented by their science and technology Ministers and Deputy Ministers, signed a memorandum of understanding to... 

Volvo Car SA expecting big change in EV perceptions in coming years

By: Irma Venter     8th September 2017 Volvo Car South Africa (VCSA) MD Greg Maruszewski is confident the local arm of the Swedish group will be able to thrive under its parent company’s new powertrain policy. Volvo announced last month that all new cars launched globally from 2019 onwards will be partially or completely... 

Bannerman hopeful on uranium price

By: Esmarie Swanepoel     7th September 2017 Uranium developer Bannerman Resources is optimistic about the future of the uranium price, with CEO Brandon Munro telling delegates at the 15th yearly Africa Downunder conference, in Perth, that the current decade-low prices are unsustainable. “The uranium spot price is languishing at a decade... 

Russia plans gem reform to compete with India's million workers

By: Bloomberg     6th September 2017 Russia wants its biggest diamond miner to work more closely with the country’s top gem cutters so the industry can better compete in a market that’s dominated by Indian manufacturers. As part of a plan to boost the competitiveness of Russian diamonds, the government wants  Alrosa PJSC to offer... 

EBH Namibia ‘welds’ strong country-to-country and maritime relationships with landmark repair of Angolan Fisheries’ floating dry dock

     4th September 2017 30 August 2017 was a very significant date for EBH Namibia (EBHN), in that it was the day that the Angolan Ministry of Fisheries (Pescangola) floating dry dock was docked in Walvis Bay for repairs. “For some time, we have recognised that strategically there are a number of pivotal synergies which... 

EBH Namibia ‘welds’ strong country-to-country and maritime relationships with landmark repair Angolan Fisheries’ floating dry dock

     1st September 2017 30 August 2017 was a very significant date for EBH Namibia (EBHN), in that it was the day that the Angolan Ministry of Fisheries (Pescangola) floating dry dock was docked in Walvis Bay for repairs. “For some time, we have recognised that strategically there are a number of pivotal synergies which... 

Glencore sells zinc mines to Trevali for $400m

By: Schalk Burger     1st September 2017 Global diversified mining company Glencore has sold its 80% stake of the Rosh Pinah mine, and its 39% interest in the Gergarub project, both in Namibia, as well as its 90% stake of the Perkoa mine, in Burkina Faso, to zinc-focused base metals miner Trevali Mining Corporation for a total... 

Extended component and solutions range ensures management and control

By: Simone Liedtke     1st September 2017 Engineering consumables and components distributor Bearing Man Group (BMG) has extended its range of power management solutions provider Eaton’s hydraulic components to include Eaton’s advanced conveyor solutions, which are designed for safe and efficient electrical power management and control. 

Studies point to favourable outlook for vanadium redox flow battery

By: Mia Breytenbach     1st September 2017 There is favourable demand for vanadium redox flow batteries (VRFBs), particularly in the utility and offgrid, as well as minigrid, markets, with demand to peak from 2025 to 2030. This is according to recently concluded market studies, commissioned by Aim-listed Bushveld Minerals’ energy... 

Khato Holdings – growing Africa on time and within budget 

     29th August 2017 With plans to expand further in Africa, South African black emerging design and construction company Khato Civils expects that, in three to five years, 20% of its workload will be attributable to South Africa, while 80% will be based across the rest of the continent.  

Marenica starts testing on Paladin ores

By: Esmarie Swanepoel     29th August 2017 ASX-listed Marenica Energy has collected ore samples from uranium miner Paladin Energy’s Langer Heinrich operation, in Namibia, to conduct testwork on. Marenica and Paladin in June this year struck an agreement to conduct amenability testwork on low-grade ore samples from the Langer Heinrich... 

Namibia black-ownership plan risks repeating South Africa's errors

By: Bloomberg     29th August 2017 A plan by Namibia, among the world’s most economically unequal nations, to better distribute wealth among its citizens may end up the way neighbouring South Africa’s has – benefiting an elite minority. The nation is working on a law that will require all businesses to be at least a quarter owned... 

Basil Read posts R459m loss, continues restructuring, capital raising

By: Irma Venter     28th August 2017 Construction and engineering group Basil Read on Monday announced a R458.8-million operating loss for the six months ended June 30, compared with a R73.4-million profit for the same period last year. Revenue from continuing operations declined from R2.5-billion, to R2.27-billion. 

Barloworld to install 7 MW solar power installation at Namibia mine

By: Anine Kilian     28th August 2017 Gold producer B2Gold has appointed Caterpillar and Cat dealer Barloworld to supply a 7 MW solar power plant at the Otjikoto mine, in Namibia. The full system, including Cat photovoltaic (PV) solar modules and the Cat microgrid master controller (MMC), will be used to reduce reliance on a heavy... 

Bidvest FY17 performance improves, shows resilience, says CEO

By: Natasha Odendaal     28th August 2017 JSE-listed Bidvest improved its financial performance for the year ended June 30, revealing the benefits, particularly within the South African trading operations, of its well-diversified portfolio following its unbundling of Bid Corporation (Bidcorp) - rebranded as Bidfood - last year. As the... 

SKA Africa partner countries to collaborate on radio astronomy

By: Mia Breytenbach     25th August 2017 Following the conclusion of the fourth Ministerial meeting of the Square Kilometre Array (SKA) Africa partner countries in Accra, Ghana, on Thursday, members of the nine countries, represented by their Science and Technology Ministers and Deputy Ministers, signed a memorandum of understanding to... 

British Trade Policy Minister again assures Southern Africa over future trade

By: Keith Campbell     25th August 2017 Following his recent trip to South Africa for talks with senior representatives of the countries of the Southern African Customs Union (SAC) – Botswana, Lesotho, Namibia, South Africa, and Swaziland – (plus Mozambique), UK Trade Policy Minister Lord Price wrote a column which was issued by the... 

South African companies urged to prepare for Brexit

By: Keith Campbell     25th August 2017 Analysts with international professional (including legal and financial) services group Herbert Smith Freehills have urged South African companies doing business with the UK to take care that their interests would be protected as Britain leaves the European Union (EU) – a process popularly known... 

Himoinsa

By: Zandile Mavuso     22nd August 2017 As a global corporation that designs, manufactures and distributes power generation equipment globally, Himoinsa adds incomparable application and engineering know-how, excellent design and service capabilities, delivering value beyond the equipment it produces. 

African conference strives to boost bioenergy industries

     18th August 2017 Global conference organiser Centre for Management Technology (CMT) notes that its Biomass Trade & Bioenergy Africa conference will be held at the Radisson Blu Hotel in Sandton on September 28 and 29. CMT hopes that the conference will further development of the African biomass and bioenergy... 

Comprehensive service support adds value to forklifts

By: Robyn Wilkinson     18th August 2017 Industrial equipment supplier Smith Power Equipment (SPE) is ensuring that the value-add on its range of imported forklifts meets customer requirements while balancing performance and cost to help companies manage the economic challenges. 

Crystal Events Africa

     18th August 2017 Crystal Events Africa, formerly Crystal Events & Incentives, is a leading conference, incentive travel and corporate meeting organiser in South Africa. Its recent expansion into Africa has increased its business capacity to successfully drive intercontinental business through in-bound incentive... 

DPO acquires VCS South Africa

By: Creamer Media Reporter      17th August 2017 Payment services provider Direct Pay Online (DPO) Group has acquired Virtual Card Services (VCS) South Africa. This marks the completion of DPO’s purchase of the VCS group, following the earlier acquisition of VCS Namibia and VCS Botswana. It also bolsters DPO’s position in Southern Africa post... 

Bushveld Energy, IDC studies indicate favourable vanadium battery, electrolyte demand

By: Mia Breytenbach     16th August 2017 There is favourable demand for vanadium redox flow batteries (VRFBs), particularly in the utility and offgrid, as well as minigrid markets, with demand to peak in 2025 to 2030. This is according to recently concluded market studies, commissioned by Aim-listed Bushveld Minerals’ energy subsidiary... 

ONGC Videsh earmarks $1bn for oil production growth

By: Ajoy K Das     16th August 2017 ONGC Videsh, the overseas arm of Indian exploration and production (E&P) major ONGC, is aiming to complete a $1-billion capital expenditure programme during the 2017/18 financial year. This investment spread across exploration, development and production will enable ONGC Videsh to achieve oil... 

BI appoints new Human Resources Manager

     11th August 2017 Leading distributor Bearings International (BI), a member of the Hudaco Group, has appointed Colleen Daniels as Human Resources Manager at BI Parkhaven, with effect from 2 May 2017. As part of the management team, Daniels will report directly to CEO Burtie Roberts. BI’s main industry focus is the... 

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