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Sasol, Indian companies join EP100 global energy saving initiative

By: Marleny Arnoldi     10th September 2018 Petrochemicals giant Sasol and Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers, Mahindra Heavy Engines and Godrej Industries and Associate Companies (Gilac) on Monday pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. EP100 is a... 

Lab-made diamonds for less: Why De Beers's plan worries rivals

By: Bloomberg     4th September 2018 De Beers hasn’t even opened its first synthetic diamond store, but its looming entry into the market for man-made gems has already shaken the industry. The unit of Anglo American said three months ago that it plans to sell lab-grown diamonds at a fraction of the going rate, undercutting rivals... 

Travel between SA and Spain boosted by renewed air link

By: Rebecca Campbell     13th July 2018 The reintroduction of direct flights between Johannesburg and Madrid by Spanish flag-carrier airline Iberia in August 2016 has resulted in a significant boost in travel between South Africa and Spain. This was reported by Airports Company South Africa Assistant General Manager (Client and... 

RESERVED PARKING

13th July 2018 General Motors has installed 18 fast chargers for its Cruise self-driving car unit at a parking facility on San Francisco's Embarcadero, a busy boulevard along the Californian city's eastern shoreline. General Motors has created its own ride-hailing platform and is aiming get its self-driving car... 

Renewed air link boosts traffic between South Africa and Spain

By: Rebecca Campbell     28th June 2018 The reintroduction of direct flights between Johannesburg and Madrid by Spanish flag-carrier airline Iberia in August 2016 has resulted in a significant boost in travel between South Africa and Spain. This was reported by Airports Company South Africa assistant general manager (client and... 

Entrepreneurial spirit, collaboration, education needed to advance Fourth Industrial Revolution – WEF chairperson  

By: Nadine James     28th June 2018 South Africa must create ecosystems that foster entrepreneurial activity and multistakeholder collaboration, while furthering innovation and education in the science, technology, engineering and mathematics (Stem) fields, if it is going to benefit from opportunities that result from the Fourth... 

How Trump's steel tariffs kick the can business

By: Reuters     10th May 2018 Dan Vincent is in a bind. The president of Pacific Coast Producers (PCP) plans to use around 700-million tin-coated steel cans this year for tomatoes, peaches and pears from 168 growers here in California. 

Two South African women receive major international environmental award

By: African News Agency      23rd April 2018 Two South African women have been awarded a prestigious international environmental award for their work in winning a crucial court case against plans by government to proceed with a nuclear build programme. Earthlife Africa-Johannesburg’s (ELA-JHB) Makoma Lekalakala and Liziwe McDaid from the... 

A new era of batteries spells trouble for gas in America

By: Bloomberg     12th January 2018 California, the state that helped birth the global boom in battery-toting electric vehicles, is trying to spark a similar transformation for utilities. And that spells trouble for power plants all across the U.S. that run on natural gas. The California Public Utilities Commission approved an... 

Four NGOs file federal suit to overturn Hudbay’s Rosemont Forest Service RoD

By: Henry Lazenby     28th November 2017 Four nongovernmental organisations (NGOs) have filed a federal lawsuit in the US District Court seeking declaratory and injunctive relief against the US Forest Service for issuing Canadian miner Hudbay Minerals’ Rosemont copper project, in Arizona, a positive ‘record of decision’ (RoD) in June.... 

Money 'tsunami' may spur quadrupling of gold prices, McEwen says

By: Bloomberg     22nd November 2017 Gold has bottomed out, according to one of the industry’s biggest bulls. Prices could surpass $5 000/oz in five years, from about $1 280 now, as investors seek returns amid a prolonged period of cheap money and use the metal as a haven from geopolitical and financial risk, McEwen Mining CEO Rob... 

China gobbles Amazon rainforest ore to clean polluted skies

By: Bloomberg     12th October 2017 A bid by China to clean up pollution in its biggest cities and industrial towns is fueling a push to mine resource riches on the other side of the globe in the Amazon rainforest -- one of the most environmentally sensitive areas on Earth. Smog-laden skies across the world’s most-populated country... 

Biggest coal plant in US west gets another two years to live

By: Bloomberg     28th June 2017 The Navajo generating station, the biggest coal-fired power plant in the US West, will live to see another two years. On Monday, Navajo Nation leaders approved a lease with the plant’s utility owners that will keep the ailing, 2 250 MW complex operating through December 2019. The owners signaled... 

Construction costs in Johannesburg set to rise 7.5%

By: Megan van Wyngaardt     8th June 2017 Johannesburg has been ranked fourth among the top five global cities where construction costs will increase over the next year, with the cost of construction set to rise about 7.5% over 2017/18, against a global average of 3.5%, professional services company Turner & Townsend’s ‘International... 

Trump woe seen double-edged sword for gold if inflation ebbs

By: Bloomberg     22nd May 2017 For gold, the biggest crisis of Donald Trump’s Presidency could cut both ways. While prices may continue to rise as investors seek a “safety trade", they could also drop if the turmoil ends up damping inflation risks as growth expectations are disappointed, according to Michael Cuggino,... 

Oil and mining giants detail road map to reduce carbon by half

By: Bloomberg     25th April 2017 A group of companies and nonprofit agencies that includes energy giants Royal Dutch Shell and BHP Billiton said global greenhouse gas emissions could be cut in half by 2040 without impeding economic development, in part by converting grids to use mostly renewable power. The declining costs of... 

SMEs, entrepreneurs called to enter clean technology innovation competition

By: Dylan Slater     12th April 2017 The Global Cleantech Innovation Programme of South Africa (GCIP-SA) has opened entries for its yearly competition, which is focused on highlighting the latest clean technology innovations and solutions, to entrepreneurs and small and medium-sized enterprises (SMEs).  

SA cleantech entrepreneurs honoured on world stage

7th March 2017 Two South African cleantech innovators were honoured at the Global Forum during the 2017 Cleantech Week in San Francisco earlier this month. Yolandi Schoeman of Baoberry, the winner of the 2016 South African  Global Cleantech Innovation Programme for SMEs  (GCIP-SA), was named one of two  overall... 

Investec emerges as go-to bank for US rooftop solar

By: Bloomberg     3rd March 2017 A South African bank has become the go-to funding source for the U.S. rooftop solar industry just two years after entering the market. Investec arranged $880-million in debt financing for rooftop solar developers and financiers in 2016. That’s more than half of the $1.5-billion bank debt raised... 

Datacentrix Receives Geographical Region Award as Africa Commercial Partner of the year at Cisco Partner Summit 2016

14th November 2016 Datacentrix, a provider of high performing and secure ICT solutions, today announced that it is has received a Cisco® Partner Summit Geographical Region award for Africa Commercial Partner of the Year. Cisco announced the winners during its annual partner conference taking place this week in San... 

GIBB expert recognised for contribution to the geotechnical engineering fraternity

3rd October 2016 It is common knowledge that talent in emerging markets is scarce, expensive, and hard to retain. On the flip of the argument, talent is pivotal to a firm’s competitive advantage. GIBB, one of South Africa’s leading black-owned engineering firm’s prides itself on not only recruiting the best... 

Global Demand For Bolon Woven Vinyl Flooring

27th September 2016 Woven vinyl flooring designer and manufacturer, Bolon, will be one of the many top global names to showcase their wide range of new products at KBAC Flooring’s annual expo of the latest trends in flooring on October 25 from 3pm to 10pm at the Johannesburg Country Club in Woodmead. KBAC Flooring... 

Fortune focuses on financing with new VP, CFO appointment

By: Henry Lazenby     7th September 2016 Multimineral project developer Fortune Minerals is redoubling its focus on securing project financing for its Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories (NT), with the appointment of mining veteran David Massola as CFO and VP of financing. With more than 30 years... 

Timmins Gold extends San Francisco mine life to 2023

By: Henry Lazenby     24th August 2016 Mexico-focused gold miner Timmins Gold has completed a new Canadian National Instrument 43-101-compliant technical report on its San Francisco gold mine, extending the mine life out to 2023. The Vancouver-based company on Monday announced a new mine plan for the asset that is expected to generate... 

Packaging manufacturer joins renewable-energy campaign

19th August 2016 Food processing and packaging solutions provider Tetra Pak has joined the RE100 renewable-energy campaign, committing to increase its use of renewable electricity from 20% today, to 100% across all global operations by 2030. The announcement was made at the Clean Energy Ministerial (CEM) forum​... 

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... 

SLOW EXTINCTION

11th March 2016 A Google logo hangs from the skeleton of Tyrannosaurus Rex inside the Googleplex headquarters in Mountain View, California, US. Google, part of Alphabet, plans on tapping into existing fibre networks in San Francisco to deliver ultra-fast internet access across the city.  

French tech hub launched in Cape Town

By: Anine Kilian     10th February 2016 French Economy, Industry and Digital Affairs Minister Emmanuel Macron has announced the creation of six new French tech hubs in Cape Town, San Francisco, London, Tokyo, New York and Hong Kong. “I am delighted that Cape Town has been designated as a French tech hub. This success rewards all the... 

The Ford Mustang hasn’t lost its mojo – 50 years on

By: Irma Venter     15th January 2016 There are far fewer iconic brands in the world than marketers claim. An icon has to outlast its generation and outwit its competitors. It has to communicate something about its owner, and not necessarily that he, or she, has money. That is far too obvious. There is also the danger that iconic... 

Civilised Mustang comes to town – with a long waiting list 

By: Irma Venter     4th December 2015 There are far fewer iconic brands in the world than marketers claim. An icon has to outlast its generation and outwit its competitors. It has to communicate something about its owner, and not necessarily that he, or she, has money. That is far too obvious. There is also the danger that iconic... 

How is 'On-Demand Economy' changing consumer behaviour?

20th October 2015 The new on-demand economy is the immediate real-time provision of goods and services by companies using smart technologies, and consumers have embraced this trend with a frequency that is unprecedented. The increase in the number of smartphone connected consumers, simple and secure purchase... 

Apps driving ‘democratisation’ of the workplace

22nd June 2015 In the evolution of the digital world, apps have made just about anything possible by broadening the access that service providers have to customers. Ultimately, it can be said that digital has democratised business by enabling anyone, even those operating on shoestring budgets, to start an... 

Kootenay Silver options San Diego property to AuRico Gold

By: Henry Lazenby     14th May 2015 TSX-listed Kootenay Silver on Thursday announced that its Mexican subsidiary Minera JM (MJM) had entered into an option agreement with fellow TSX-listed miner AuRico Gold’s subsidiary Oro de Altar (ODA) that would allow ODA to earn up to a 100% interest in Kootenay’s San Diego property, in... 

Miners report first-quarter output ahead of financials

By: Henry Lazenby     18th April 2015 Several miners reported production results this week ahead of publishing financial results for the three months ended March 31. NYSE- and TSX-listed McEwen Mining reported 23% increased gold output to 24 696 oz and a decline in silver production of 10% to 655 339 oz in the period when compared... 

ICTSI Oregon, Inc. official statement on Hapag Lloyd’s termination of service to Portland

8th April 2015 ICTSI Oregon, Inc. is very disappointed to hear the news of Hapag-Lloyd's decision to cease its direct MPS service calling Portland. Hapag-Lloyd has been very supportive and loyal to the Portland market. Coupled with Hanjin's recent announcement to leave Portland and discontinue its Asia service,... 

Paramount further expands San Francisco bulk tonnage potential at San Miguel

By: Creamer Media Reporter      19th November 2014 New core drilling at TSX- and NYSE-listed Paramount Gold & Silver’s 100%-owned San Miguel project in northern Mexico continues to expand the potential size of the bulk minable San Francisco deposit. The US-based exploration and development company reported on Wednesday that three new holes... 

Agrium stock surges as activist investor amasses sizeable position

By: Henry Lazenby     25th October 2014 Canadian fertiliser producer Agrium's stock rose 7.46% on the NYSE on Friday after San Francisco-based activist investor ValueAct Capital Management disclosed a 5.7% stake in the Canadian fertiliser giant in a Securities and Exchange Commission filing. Starting in August, ValueAct amassed about... 

SKF South Africa Celebrates a 100 Year Reputation of Excellence

4th July 2014 1914 was a year of many important world firsts - first airline, first plane flight from Los Angeles to San Francisco, first colour film and Babe Ruth’s first professional game. 1914, on April 12th, was also the year that ‘SKF South Africa’ first opened as SKEFKO (South Africa) Ball Bearing... 

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