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Operational due diligence important to mitigating risk

By: Anine Kilian     21st May 2018 Investing in operational risk management is key to mitigating corporate fraud, poor governance and simple errors which result in losses for companies and consequently investors, Mercer Sentinel Africa Middle East, India and Turkey head Nigel Morriss said on Monday. Addressing media at a briefing... 

Innosun’s Namibian Wind Farm Lifted By Johnson Renew

18th May 2018 The Ombepo Wind Farm, the first wind farm to be constructed in Namibia, is situated just outside Luderitz, Southern Namibia and is designed to inject 5 MW into the national grid managed by NamPower, the national utility. The wind farm was built by InnoSun Energy Holdings (Pty) Ltd who secured the... 

The opportunity cost of insurance compliance

18th May 2018 Regulatory compliance is a must for any South African business operating in the insurance market. The cost of operational compliance and risk management is substantial and is incurred across the business value chain which includes technology infrastructure, human capital, and professional... 

Rik Rhino 

17th May 2018 South African technical security and surveillance solutions specialist Rik Rhino Surveillance was started in 2011 to help eradicate the terror of rhino poaching by supplying anti-rhino poaching projects in wildlife reserves with scouting trail cameras. These cameras are equipped with motion... 

Gold to maintain its significance for decades to come – WGC

By: Nadine James     17th May 2018 Having compiled and published the ‘Gold 2048: The next 30 years for Gold’ report, the World Gold Council (WGC) has concluded that gold will “continue to be recognised, appreciated and valued in the years ahead” The report, released on Thursday, looks at the next 30 years and considers ways in... 

A-OSH EXPO 2018 exhibitors gearing up for show

11th May 2018 As the continent’s leading occupational health and safety (OHS) show draws closer, it’s all systems go for this year’s exhibitors as they work on the finishing touches for their stands and marketing plans. Whatever your interest in the OHS arena, there is something for everyone at A-OSH EXPO... 

5th SAAMA conference is 'smarter' and now, eSmarter

8th May 2018 According to Alan Tait, ‘learning within Asset Management, as within any other discipline, is constantly under pressure to adopt new technologies and techniques to ensure an increase in learner impact and engagement’. For this reason, organisers of the fifth Southern African Asset Management... 

Fifth SAAMA Conference Is “Smarter” And Now, Esmarter

8th May 2018 According to Alan Tait, ‘learning within Asset Management, as within any other discipline, is constantly under pressure to adopt new technologies and techniques to ensure an increase in learner impact and engagement’. For this reason, organisers of the fifth Southern African Asset Management... 

Jonas, Tshabalala join MTN board

By: Natasha Odendaal     7th May 2018 Former Deputy Finance Minister Mcebisi Jonas and consulting and investment holding company Barbican Advisory Group executive director Bajabulile Tshabalala will join the board of telecommunications heavyweight MTN as nonexecutive directors, effective June 1. Tshabalala and Jonas bring extensive... 

BRICS members work towards better trade by 2021

By: African News Agency      19th April 2018 The BRICS member countries are working towards strengthening co-operation and mutual assistance to facilitate trade with one another, the South African Revenue Service (Sars) said on Thursday. The delegates from Brazil, Russia, India, China and South Africa met in the coastal city of Durban for... 

Afreximbank, ECIC Sign MOU, Pledge $1bn to Expand Trade Between South Africa and Other African Nations

16th April 2018 Afreximbank President Dr. Benedict Oramah (right) and Kutoane Kutoane, Chief Executive Officer of ECIC of South Africa, exchange documents following the signing of the MOU in Cairo. The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa (ECIC)... 

Nzimande appoints new PRASA board, acting CEO

By: Simone Liedtke     13th April 2018 Transport Minister Dr Blade Nzimande has appointed a new board of directors for the Passenger Rail Agency of South Africa (PRASA), led by chairperson Khanyisile Kweyama. The board members, who will serve an initial period not exceeding 12 months, also includes Sango Ntsaluba, Louis Wessie, Jenny... 

Securex 2018 launches new Cyber Lab feature

5th April 2018 Securex South Africa 2018, the biggest security and fire trade show of its kind on the African continent, has announced that it is launching a brand-new Cyber Lab feature this year, the first one of its kind to be introduced at the expo. Powered by XGRC Software, a range of integrated management... 

Investments in business controls result in shift in economic crime detection

By: Schalk Burger     16th March 2018 Investments made to detect fraud and corruption have resulted in more of these economic crimes being detected by corporate controls and oversight mechanisms, corporate services multinational PwC Forensics Services partner Trevor White says. Detailing the findings for South Africa of the... 

Risk Management Insight

12th March 2018 M.A.S.S (Management and supply of Security Solutions), is not simply another security distribution company – Rather, we are a specialist projects-based company. With our office based in Deco Park, New Market Road Randburg; we provide superior Management, Supply and Consulting Services in the CCTV... 

Investments in business controls result in shift in economic crime detection – PwC

By: Schalk Burger     27th February 2018 Investments made to detect fraud and corruption have resulted in more of these economic crimes being detected by corporate controls and oversight mechanisms, corporate services multinational PwC Forensics Services partner Trevor White said on Tuesday. Detailing the findings for South Africa of... 

CSIR publishes latest Atlas to guide response to climate change  

By: Natasha Odendaal     21st February 2018 The Council for Scientific and Industrial Research (CSIR) has published the second edition of the South African Risk and Vulnerability Atlas (Sarva), alongside the relaunch of the newly revamped online portal, to help business navigate current research on the risk and vulnerability of key social... 

Coca-Cola Peninsula Beverages seeks ways to help provide water to Cape Town

By: Simone Liedtke     1st February 2018 Local bottler Coca-Cola Peninsula Beverages (CCPB), in partnership with the Coca-Cola Foundation and participating suppliers, are finalising details for the provision of millions of litres of relief water to the drought-affected Western Cape and the City of Cape Town. CCPB on Thursday said this... 

Rand Water board nominations to close end-January 

By: Schalk Burger     25th January 2018 The Department of Water and Sanitation (DWS) has called for nominations for candidates to serve on the Rand Water board from 2018 to 2022. Individuals and organisations have been invited to submit nominations of suitably qualified and experienced persons to be considered for appointment as board... 

Investment demand for gold on the rise - WGC

By: Megan van Wyngaardt     23rd January 2018 New ways to access the gold market, such as physical gold-backed exchange-traded funds (ETFs), have resulted in the investment demand for gold growing 18% each year since 2001, indicating that the precious metal has now become more mainstream, the World Gold Council (WGC) said in its latest... 

Policy advocacy, tech innovation and fact-based talks key 2018 AME BC objectives

By: Henry Lazenby     22nd January 2018 Government policy advocacy and fostering genuine fact-based conversations among all stakeholders in the minerals exploration and mining industries are main priorities for the Association for Mineral Exploration British Columbia (AME BC) this year. "Government is increasingly getting more... 

Reserve Bank Governor Kganyago's election as IMFC chair welcomed

By: African News Agency      19th January 2018 Finance Minister Malusi Gigaba on Thursday announced that South African Reserve Bank (SARB) Governor Lesetja Kganyago was selected as chairperson of the International Monetary and Financial Committee (IMFC). Kganyago, who is also South Africa's Alternate Governor on the International Monetary... 

The High Cost Of Supply Chain Glitches

10th January 2018 Supply chain disruptions are widely regarded as one of the greatest risks facing manufacturers, and have become a top concern of global insurance providers. A glitch in its supply chain can cost an organisation up to 10% of its shareholder value, and even put the company out of business, warns... 

AI solutions come out tops in auto group’s innovation challenge

By: Irma Venter     15th December 2017 Artificial intelligence (AI) solutions secured big wins at the Mercedes-Benz South Africa (MBSA) Innovation Challenge, held in November. The winners were announced following a judging process by a panel that included representatives from MBSA’s parent company, German car maker Daimler. 

Gibela rail plant on track for March completion

By: Irma Venter     15th December 2017 Construction of the Gibela plant, in Dunnottar on the far East Rand, is on track for completion in March next year, says Gibela Rail Transport Consortium CEO Thierry Darthout. Darthout, former Gibela operations VP, took over the reins from Marc Granger on August 1. The 53-year-old is a mechanical... 

Gibela factory on track for March completion, says new CEO

By: Irma Venter     11th December 2017 Construction of the Gibela plant, in Dunnottar on the far East Rand, is on track for completion in March next year, says Gibela Rail Transport Consortium CEO Thierry Darthout. Darthout, former Gibela operations VP, took over the reins from Marc Granger on August 1. The 53-year-old is a mechanical... 

Khoza to continue as Eskom chair

By: Anine Kilian     8th December 2017 Zethembe Khoza will continue in his position as chairperson of State-owned power utility Eskom until the 2018 annual general meeting, according to Public Enterprises Minister Lynne Brown, who announced the State-owned power utility’s new board on Friday. The new board – comprising Khoza, Dr Pat... 

Artificial intelligence wins big at Mercedes-Benz SA Innovation Challenge

By: Irma Venter     17th November 2017 Artificial intelligence (AI) solutions secured big wins at the Mercedes-Benz South Africa (MBSA) Innovation Challenge, held on November 10. The winners were announced following a judging process by a panel that included representatives from MBSA’s parent company, German car maker Daimler. 

Water-scarce Cape Town holding 'Day Zero' talks with police, army

By: News24Wire      17th November 2017 Cape Town Mayor Patricia De Lille is in talks with the police and the army to prepare for May 13 2018 - the day the taps are now anticipated to run dry around the city, with water only available at collection points, she said on Thursday. "The City is consulting with the South African Police... 

Mokonyane appoints new TCTA chairperson

By: Creamer Media Reporter      10th November 2017 Water and Sanitation Minister Nomvula Mokonyane has appointed Zodwa Manase chairperson of the Trans-Caledon Tunnel Authority (TCTA). She succeeds Monhla Hlahla, who stepped down at the end of October. 

Double-Header For Concor In SA Best Projects Awards

9th November 2017 Concor has made a great showing in the 17th annual Construction World Best Projects competition, showcasing excellence in the South African building and civil engineering sectors. Experienced members of the construction fraternity judge the awards, which are hosted by Crown Publications, the... 

Double-Header For Concor In Sa Best Projects Awards

9th November 2017 Concor has made a great showing in the 17th annual Construction World Best Projects competition, showcasing excellence in the South African building and civil engineering sectors. Experienced members of the construction fraternity judge the awards, which are hosted by Crown Publications, the... 

Sasol mitigates material matters issues in 2017

27th October 2017 To mitigate material matters that could substantially affect its ability to create value in the short, medium or long term, as a result of not being able to execute its strategy and the impact thereof on its ability to stay competitive, petrochemicals giant Sasol has outlined a five-step process... 

NWK appoints new CFO

24th October 2017 Agricultural products and services provider NWK has appointed Pieter Kleingeld CFO, effective November 1. He joined NWK as group manager for asset management and risk services in 2015. 

Treasury appoints new deputy director-general for public finance

By: Thabi Madiba     19th October 2017 National Treasury on Thursday issued a statement congratulating the newly appointed deputy director-general for public finance Dr Mampho Modise. She was formerly a chief director for strategy and risk management in the department’s Asset and Liability Management division and dealt with policy... 

South African Weather Service battered by faulty equipment, decries CEO

By: News24Wire      13th October 2017 The South African Weather Service (SAWS) has blamed the poor state of their equipment for failing to warn citizens earlier of the stormy weather that devastated parts of Gauteng and KwaZulu-Natal. SAWS CEO Jerry Lengoasa on Thursday said although a severe weather warning for the catastrophic... 

Insurance plays vital role in construction project success

By: Simone Liedtke     13th October 2017 Owing to insurance playing a vital role in the ultimate success of a construction project, insurance provider Risk Benefit Solutions (RBS) says contractors and engineers need to ensure that a contract includes the contractor all risk policy, which includes cover against damage and any liabilities... 

Going Digital: Bentley Announces Microsoft Azure-based Cloud Services Extending ProjectWise CONNECT Edition for Comprehensive Project Delivery

11th October 2017 Also, New ProjectWise “365 Services” Leverage Microsoft Office 365 as Project Delivery Organizations Increasingly Embrace Microsoft Azure Today, Bentley Systems announced new ProjectWise CONNECT Edition cloud services, powered by Microsoft Azure. The Azure-based services complement ProjectWise... 

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