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Auto exports earned South Africa R165bn in 2017

By: Irma Venter     4th May 2018 Total earnings from South African automotive exports reached R164.9-billion in 2017, comprising 13.9% of South Africa’s total export earnings. This number is down from the record R171.1-billion achieved in 2016, at 15.6% of total export earnings. Total automotive revenue in the South African... 

Local company targets mechanical tube cleaning opportunities at AUW

By: Melissa Zisengwe     4th May 2018 South Africa-based engineering, procurement and construction company Lesedi Nuclear Services says the African Utility Week (AUW) is the ideal platform to introduce energy companies and utilities to lesser known but an efficient mechanical tube cleaning system. The event is an opportunity to meet... 

Exclusive CEO Forum to discuss utilities transformation at AUW

By: Melissa Zisengwe     4th May 2018 CEOs from Africa will meet at the Pan-African Utility CEO Forum to discuss pertinent issues affecting the power, energy and water sectors. The Forum at African Utility Week (AUW), taking place from 15 to 17 May, is the largest of the five forums and is the meeting place for CEOs from across the... 

Initiative brings more German companies to AUW

4th May 2018 The German Energy Solutions Initiative which is coordinated and financed by the Federal Ministry for Economic Affairs and Energy will be bringing seven German companies to African Utility Week (AUW) for the German pavilion. According to the German Energy Solutions Initiative head of division... 

UK, SA leaders hold bilateral trade talks in London

By: Rebecca Campbell     4th May 2018 South African Trade and Industry Minister Dr Rob Davies met with his British counterpart, International Trade Secretary Dr Liam Fox, on the margins of the recent Commonwealth Heads of Government Meeting in London, to discuss the bilateral trade relationship. They both expressed pleasure at the... 

Zest WEG Group

4th May 2018 Zest WEG Group, a subsidiary of leading Brazilian motor and controls manufacturer WEG, has a strong commitment to contributing to the development of Africa and has been servicing the mining sector on the continent for more than 35 years. An in-depth understanding of the harsh conditions found... 

Glencore Q1 global production in line with full-year guidance

By: Marleny Arnoldi     3rd May 2018 Diversified miner Glencore on Thursday reported that its production for the first quarter was largely in line with expectations across all commodity groups and that its full-year guidance remains unchanged.  

Celsius raises cash for Namibia cobalt studies

By: Esmarie Iannucci     3rd May 2018 ASX-listed Celsius Resources will raise A$9-million to accelerate feasibility studies at its Opuwo cobalt project, in Namibia. The company on Thursday said that it has completed a bookbuild for the issue of 48.6-million shares, at an issue price of 18.5c each, to institutional and professional... 

Feasibility into zinc smelting, refining in Northern Cape

By: Martin Creamer     2nd May 2018 A feasibility study into the development and construction of a zinc smelter-refinery complex in the Northern Cape is under way, London-listed India-based Vedanta subsidiary Vedanta Zinc International (VZI) said on Wednesday. This is the latest step in the unfolding of what is envisaged as a major... 

Namibia to pare back Kudu gas-to-power project

By: Reuters     30th April 2018 Namibia will reduce the size of the planned Kudu Power Station after off-take agreements with South Africa's Eskom and Zambia’s Copperbelt Energy Corporation failed to materialize, the chief executive of power utility NamPower said on Friday. Namibia's offshore Kudu Gas Fields have proven and... 

Exhibition tailored for the African market

By: Melissa Zisengwe     27th April 2018 The third edition of the bauma CONEXPO AFRICA, held from March 13 to 16, 2018 was a reflection of the African market and an opportunity to showcase products and new technology suited to different construction equipment segments for the African market, says Messe München MD Stefan Rummel. The... 

Weatherly’s shares fall as it appoints more financial advisers to review possible sale

By: Marleny Arnoldi     26th April 2018 Aim-listed copper miner Weatherly International’s share price on the LSE fell by nearly 70% on Thursday after it announced the appointment of additional financial advisers to review strategic alternatives for the company, including its potential sale.  

Paladin moves to mothball Namibia uranium mine

By: Esmarie Iannucci     26th April 2018 Uranium miner Paladin Energy on Thursday announced that it was unlikely to resume physical mining activities at its Langer Heinrich operation, in Namibia, and has taken preparatory steps to place the operation on care-and-maintenance. Paladin previously told shareholders that the medium-grade... 

Namibia may scrap black ownership requirements for mining companies – minister

By: Reuters     25th April 2018 Diamond and uranium producer Namibia may scrap requirements for black ownership in the mining sector as it seeks to woo investors to an industry that is rebounding with the commodities cycle, its new mines minister said on Tuesday. Regional peers such as Angola and Zimbabwe are also trying to... 

De Beers reports rise in Q1 output

By: Rebecca Campbell     24th April 2018 Diamond group De Beers reported on Tuesday that its total production had increased by 15% to 8.5-million carats during the first quarter of this year (1Q18). This rise in output was largely credited by the Group to the ramp-up in production at the Gahcho Kué project in Canada and greater... 

Ramaphosa arrives in Luanda ahead of the SADC Double Troika Summit

By: African News Agency      24th April 2018 South Africa President Cyril Ramaphosa arrived in Luanda, Angola, on Tuesday morning for the Extraordinary Summit of the Southern African Development Community (SADC) Double Troika which will consider the political and security environment in the SADC region, particularly the kingdom of Lesotho... 

Namibia solar photovoltaic solar power plant, Namibia

By: Sheila Barradas     20th April 2018 ALTEN Hardap plans to build the biggest solar photovolaic plant in Namibia.  

UK, SA Trade Ministers hold talks in London

By: Rebecca Campbell     18th April 2018 South African Trade and Industry Minister Dr Rob Davies met with his British counterpart, International Trade Secretary Dr Liam Fox, on Tuesday on the margins of the Commonwealth Heads of Government Meeting in London, to discuss the bilateral trade relationship. They both expressed pleasure at... 

Pick N Pay And Unitrans Extend Their Solid Partnership For 10 Years

17th April 2018 Unitrans Supply Chain Solutions has secured a 10 year contract extension from Pick n Pay to provide the transportation services at the retailer’s Longmeadow Distribution Centre in Gauteng. Unitrans is a diversified supply chain company that has been serving the needs of select Sub-Saharan African... 

Grit buys Mozambique property from Tradehold

By: Anine Kilian     13th April 2018 JSE-listed Grit Real Estate and Tradehold on Friday announced a $23-million Mozambique property transaction in which Grit would buy an A-grade corporate residential complex, known as Acacia Estate, in Maputo, from Tradehold. Grit has signed an agreement with Tradehold Africa, TC Maputo, Cognis 1... 

Cazaly proceeds with Kaoko buy

By: Esmarie Iannucci     13th April 2018 Metals developer Cazaly Resources on Friday confirmed that it would proceed with the acquisition of the Kaoko cobalt project, in northern Namibia. The ASX-listed company in March announced an option over the project. A due diligence has now confirmed the potential of the project, with Cazaly... 

Trevali Q1 output a mixed bag but in line with expectations

By: Henry Lazenby     13th April 2018 Zinc-focused miner Trevali Mining has reported first-quarter production that was generally in line with expectations as previous guidance had indicated a light quarter relative to the rest of the year, owing to the impact of seasonal winter conditions on Caribou’s zinc recoveries, in New... 

Regional workshop in support of fight against wildlife crime in Southern Africa

By: Rebecca Campbell     13th April 2018 The illegal trade in wildlife has become a major form of transnational organised crime that is damaging economies, undermining public safety and good governance in many regions around the world. And Southern Africa is no exception. “Criminals involved in wildlife crime are not involved only in... 

New Zimbabwe luxury boutique hotel to welcome guests from early 2019

By: Simone Liedtke     12th April 2018 Victoria Falls, in Zimbabwe, will soon boast a new luxury boutique hotel catering for a variety of guests to the region’s famous world heritage site. From early 2019, the new 199 all-suite Mbano Manor Hotel will offer a unique and nature-based travel experience for the global, high-end tourist,... 

Namibia scraps plan to force white-owned businesses to sell 25% stake to blacks

By: Reuters     12th April 2018 Namibia has scrapped a clause in its economic empowerment framework that would have forced white businesses to sell a 25% stake to previously disadvantaged blacks, President Hage Geingob said on Wednesday. Making the announcement during his state of the nation address, Geingob said a revised... 

Vedanta’s Gamsberg mine remains on track

By: Simone Liedtke     11th April 2018 LSE-listed Vedanta Resources’ Zinc International business produced 157 000 t of zinc in the financial year ended March 31, in line with the 156 000 t produced in the prior financial year. The BMM operation, in South Africa, increased its mined zinc output by 3% year-on-year to 72 000 t, but the... 

Bannerman eyes more cost savings at Etango

By: Esmarie Iannucci     11th April 2018 Uranium developer Bannerman Resources has flagged "substantial" reagent/operating cost reductions at its uranium mine, in Namibia, following a membrane study. The study has also identified capital savings, the final quantum of which will be confirmed during the definitive feasibility study... 

Mathe Group expands tyre recycling facility, despite Redisa demise

By: Irma Venter     9th April 2018 The Mathe Group’s Hammarsdale plant, in KwaZulu-Natal, has quadrupled employment and more than doubled output since coming on stream in 2016, says the tyre recycler. Dr Mehran Zarrebini, head of British investment group PFE International, which is one of the major shareholders in the Mathe Group,... 

Aftan progresses plant upgrades at Namibia mine

By: Marleny Arnoldi     9th April 2018 African Tantalum (Aftan), in which Aim-listed investment company Kazera Global holds an interest, has started the tendering process for the laying of pipework for the newly approved Orange River water project at its Namibia Tantalise Investment mine.  

AfriTin, Swiss firm mull establishment of artisanal tin buying operation

By: Simone Liedtke     9th April 2018 Aim-listed AfriTin Mining has signed a nonbinding memorandum of understanding (MoU) with Swiss precious metals distributor MRI Trading regarding the establishment of an artisanal buying operation for tin concentrate in Namibia. AfriTin intends to explore, with MRI, the possibility of sourcing... 

Nigeria: Africa’s prime power development hotspot

9th April 2018 Nigeria offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth. Paul Runge, Director Projects & Development Finance at research and consulting specialists Africa House, reports that his... 

On-The-Air (06/04/2018) 

By: Martin Creamer     6th April 2018 South Africans will next month begin building a new tin mine in neighbouring Namibia. The sleepy Northern Cape town of Prieska is being revived by major new investment in its expansive but dormant zinc and copper resources. Strong interest is being shown a six-point plan that two independent... 

Free trade deal is much ado about nothing

By: Riaan de Lange     6th April 2018 It is the eightieth day of the year as I sit down to write this piece – the first full day of the sign of Aries. In case you are wondering, there are 285 days until the end of the year, and, in another 65 days, it will be Tax Freedom Day. It means that you will need to work up to May 25 to pay... 

Sustainable strategy engenders results

By: Tasneem Bulbulia     6th April 2018 Consulting firm Knight Piésold’s sustainable, quality process ethos across the board, from executing projects to implementing transformation, has enabled the company to maintain its competitive advantage amid a currently turbulent consulting engineering industry. Knight Piésold CEO Vishal... 

Company and distribution partner provide largest range of tools in S. Africa

By: Victor Moolman     6th April 2018 Owing to its well-established relationship with its loyal distribution partners and distribution network in Southern Africa, a large range of about 5 200 individual line items of hand tools from professional tools manufacturer Jonnesway are being used in Southern Africa, says Carel Venter, the... 

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning

By: Simone Liedtke     5th April 2018 South African glass packaging manufacturer Consol plans to relist on the main board of the JSE. It was listed on the JSE until 2007, when it was taken private by a consortium of private equity investors, led by Brait Private Equity and which included Old Mutual Private Equity, Sanlam Private... 

Nigeria: Africa’s prime power development hotspot

5th April 2018 Nigeria offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth. Paul Runge, Director Projects & Development Finance at research and consulting specialists Africa House, reports that his... 

AfriTin completes Uis tin mine design, earthworks to start in May

By: Marleny Arnoldi     4th April 2018 Bushveld Minerals' tin-focused subsidiary AfriTin Mining has completed the detailed mine design at its flagship asset Uis tin mine, in Namibia.  

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