R/€ = 15.90 Change: -0.01
R/$ = 14.07 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61


Mozambique's ruby mining goes from ‘wild west’ to big business

By: Bloomberg     13th August 2018 Sebastiao Pedro struck it lucky in 2014 when, as a 21-year-old small-scale miner, he found a large red ruby in northern Mozambique. He sold it to a buyer from Vietnam for $43 000, returned to his family 900 miles away and built a house with the proceeds. Then the money ran out. 

Andrew Human

22nd June 2018 This week we profile Andrew Human, CEO of the Loeries, an awards show that recognises and rewards creativity in the brand communication industry   

Eskom inquiry postponed, suspended CFO Singh accused of delaying tactics

By: African News Agency      5th December 2017 Suspended Eskom CFO Anoj Singh was on Tuesday told he would be called to testify before Parliament’s inquiry into the power utility at a later date, after he infuriated MPs by submitting 400 pages of documentation less that 24 hours before his scheduled appearance. “We are not going to engage... 

Empire State Connector, US

By: Sheila Barradas     17th November 2017 The project proposes to use upstate generators to deliver renewable energy and capacity directly into New York City. 

Urban solutions to Africa’s problems

3rd November 2017 ‘Better city, better life’ is the United Nations' (UN's) World Cities Day, which falls on October 31 each year. This year’s theme, ‘innovative governance, open cities’, referenced the idea that urbanisation has immense potential to improve people’s lives. Given the UN’s focus on using the... 

Daimler invest in solution to make EV charging as fast as filling a petrol tank

By: Irma Venter     20th October 2017 The trucks division of German mobility group Daimler has invested in Israeli firm StoreDot, in an effort to accelerate the adoption of FlashBattery technology in the electric vehicle (EV) market. StoreDot, a Tel Aviv-based company founded in 2012, is a nanotechnology materials firm focused on the... 

Open immigration regime central to S Africa’s growth

By: Robyn Wilkinson     13th October 2017 Countries seeking to promote economic growth and job creation tend to adopt policies that create flexible and open immigration regimes, contrasting with South Africa’s adoption of restrictive immigration laws, which when coupled with bureaucratic inefficiency creates a barrier to the entry of... 

World’s first electric truck in series production makes US debut

By: Irma Venter     13th October 2017 Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has launched the world’s first all-electric truck in series production, the Fuso eCanter, in the US. MFTBC is a member of the Daimler group. 

Daimler teams up with firm that promises five-minute EV charging 

By: Irma Venter     19th September 2017 The trucks division of German mobility group Daimler has invested in Israeli firm StoreDot, in an effort to accelerate the adoption of FlashBattery technology in the electric vehicle (EV) market. StoreDot, a Tel Aviv-based company founded in 2012, is a nanotechnology materials firm focused on the... 

World’s first electric truck in series production makes US debut

By: Irma Venter     18th September 2017 Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has launched the world’s first all-electric truck in series production, the Fuso eCanter, in the US. MFTBC is a member of the Daimler group. 

Cape Town, New York sign city partnership agreement

By: African News Agency      24th August 2017 In a first for the African continent, the City of New York and the City of Cape Town signed a historic city-to-city partnership agreement on Wednesday to boost tourism and business between the two iconic destinations. NYC & Company President and CEO Fred Dixon and Cape Town Tourism’s CEO Enver... 

Africa urged to focus on attracting more FDI

By: Anine Kilian     28th July 2017 Improving the quality of life for people in Africa is a key goal of the African Development Bank and this will require the continent to attract more foreign direct investment (FDI). Addressing delegates at the second Gauteng Infrastructure Investment Conference, in Midrand, on Friday, University... 

Fires hit Canada lumber mills, get close to Kinder pipeline

By: Bloomberg     11th July 2017 Wildfires in British Columbia have forced Canadian lumber mills to shut and were edging closer to a Kinder Morgan Inc. oil pipeline as hot, dry weather sparked blazes across swathes of western Canada and the U.S. Norbord Inc., the largest North American producer of oriented strand board used in... 

Alcoa swaps New York for the city of steel as Harvey simplifies

By: Bloomberg     20th April 2017 Alcoa is giving up the glamour of New York City and going back to Pittsburgh, as new CEO Roy Harvey steps up efforts to streamline the aluminium maker. Changing headquarters and closing seven locations across the US, Europe and Asia is part of a push to lower costs after the producer of the... 

JV completes Phase 1 of subway line

3rd March 2017 Integrated firm AECOM and global firm Arup celebrated the completion of the first phase of the Second Avenue Subway for the Metropolitan Transportation Authority (MTA) earlier this year. It is the first major expansion of New York City subway system done by the AECOM-Arup Joint Venture (JV) in... 

BHP execs meet with Trump, Pence

By: Esmarie Iannucci     11th January 2017 Mining major BHP Billiton has confirmed a meeting between its management and US President-elect Donald Trump and Vice President-elect Mike Pence. “BHP Billiton chairperson Jac Nasser and CEO Andrew Mackenzie had a productive meeting with President-Elect Trump and Vice President-Elect Pence in... 

Glencore outlines $1.1b pricing of tender offers

By: Ilan Solomons     19th December 2016 Diversified mining and marketing company Glencore has priced the offers to purchase up to the maximum tender amount of outstanding notes of $1.1-billion. The total offer consideration relates to the individual number of $1 000 principal amount of notes that have been accepted for purchase. The... 

Advertising to take a more personal approach to keep consumers’ attention

By: Megan van Wyngaardt     19th October 2016 With today’s consumers demanding more original, personal and provocative experiences, advertisers need to find new ways of approaching digital advertising, digital growth agency IAB states. At the 2016 IAB MIXX Conference, it was clear that consumers were rejecting experiences that do not fulfill... 

Riverbed Unveils Breakthrough Software-Defined Solutions Critical to Accelerating Cloud-First and Digital Transformation Strategies

14th September 2016 Riverbed Technology, the application performance company announced a series of breakthrough, software-defined solutions to accelerate cloud-first and Digital Transformation strategies that are critical for businesses to succeed in today’s digital world. Today at Riverbed Disrupt, a premier... 

Why invest in South Africa?

By: Riaan de Lange     29th April 2016 Have you ever wondered why anyone would want to invest in South Africa? The economic reasoning for such a decision, that is. In recent weeks, I have been asking myself this question with increased regularity.  On April 13, I decided to employ Google to see the results it delivers for ‘Why invest... 

GEA Presents the NiSoX-Valve: A New Concept in Homogenizing Valve

14th April 2016 Solid experience and extensive engineering skills have enabled GEA to develop a new homogenizing valve that represents a watershed in high pressure homogenization technology. For manufacturers looking to achieve a high quality homogenizing action, producing uniform particles of the required size,... 

Beverage manufacturer opens first restaurant

11th March 2016 Beverage manufacturer Pepsi announced in January that it plans to launch Kola House, the first experimental cola bar, restaurant, lounge, and event space to open in the US market. This hospitality venture is set to open its doors this month, with its flagship location in New York City’s... 

Vehicle collision detection app wins SA start-up competition

By: Schalk Burger     11th March 2016 The CrashDetech smartphone application (app) has won the South African stage of the global social entrepreneurship competition, which detects a collision and sends the precise location and patient information to emergency response services. The app runs as a background process on smart devices... 

Permasteelisa Supports Foster & Partners In The Exhibition “Architecture, Urbanism, Innovation” In Tokyo

19th January 2016 The exhibition will be open at the Mori Art Museum in Tokyo until 14th February 2016, with a showcase of more than 50 projects completed by the architecture firm over the years. The large-scale exhibition “Architecture, Urbanism, Innovation”, currently running in Japan at the Mori Art Museum in... 

Arianne Phosphate stock jumps after Quebec govt approves Lac à Paul project

By: Henry Lazenby     23rd December 2015 Project developer Arianne Phosphate has received the green light to proceed with construction of its flagship Lac à Paul project, located in Quebec's Saguenay-Lac-Saint-Jean region. After receiving approval from the Quebec provincial government, Arianne’s TSX-V-listed stock jumped about 11.5% in... 

BASF opens construction chemicals production facility in Lagos, Nigeria

16th October 2015 BASF yesterday inaugurated its new production plant for concrete admixtures in Lagos, Nigeria. The production site is BASF’s answer to the increasing demand for construction chemicals in western Africa. BASF produces standard and custom-made performance concrete additives, so-called admixtures,... 

Piano Bar is the Place to Be

2nd September 2015 THE Braamfontein precinct is fast becoming one of Johannesburg’s favourite social destinations with thousands of people flocking to the many venues available in the area almost every night. Adding to the venues, Orion Group’s Devonshire Hotel recently celebrated a highly successful re-launch of... 

Schneider Electric Wins 2014 Platts Global Energy Award

13th January 2015 • Energy Action Program honored for reducing core energy consumption by almost 13 percent and carbon emissions by more than 16 percent Schneider Electric, the global specialist in energy management, has been recognized for its efforts to conserve and manage energy consumption at more than 300... 

Garden State expansion project, US

By: Sheila Barradas     19th September 2014 The Garden State project entails the development of additional compression capacity to transport 180 000 decatherms of firm natural gas. 

CPUT and Green Shift Africa host first African Student Energy Summit

18th June 2014 The Cape Peninsula University of Technology in partnership with Green Shift Africa and the Student Energy movement will be hosting the 1st African Student Energy Summit from 19th (tomorrow) – 20th of June 2014 in Cape Town. This summit is powered by the United Nations’ Sustainable Energy for All... 

Grid storage solutions could soon become multibillion-dollar industry

By: Henry Lazenby     29th May 2014 The burgeoning North American grid energy storage market could develop into a multibillion-dollar industry in a matter of a few years, with several companies positioning themselves to vie for the handful of first-mover clients. One company potentially leading the fray is Vancouver-based American... 

American Vanadium announces first CellCube installation in New York

By: Henry Lazenby     23rd April 2014 US vanadium project developer and renewable energy technology purveyor American Vanadium on Wednesday unveiled plans to demonstrate the CellCube vanadium redox flow energy storage system in partnership with the New York State Research and Development Authority (NYSERDA) in New York. The... 

Green Sense® Concrete technology now also available on the European market

18th February 2014 • Improvement of economic performance and energy efficiency of buildings • Technology supports owners and concrete manufacturers in obtaining sustainability certification for their buildings • First reference project in Europe BASF now offers its Green Sense® Concrete technology for the... 

Smart collaboration needed to tackle big government issues like crime

24th October 2013 Private-public sector collaboration, underpinned by smart technologies, stand to significantly reduce South Africa’s crime levels, says IBM South Africa. Speaking from GovTech 2013, IBM South Africa Sales Lead Hamilton Ratshefola noted that the most recent crime statistics, while showing some... 

Exciting diamond find in Liberia – John Bristow  

By: Martin Creamer     20th August 2013 An exciting diamond find has been made in Liberia, Incubex Minerals chief operating officer Dr John Bristow said on Tuesday. Bristow, speaking to Mining Weekly Online in the attached video interview, said the discovery of what appears to be a kimberlite pipe had been made by South African-born... 

World Trade Centre redevelopment project, US

By: Sheila Barradas     14th September 2012 The redevelopment of the 6.47 ha World Trade Centre site represents one of the largest construction programmes in the US 


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