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TNPA progresses multibillion-rand investment in East London port

By: Creamer Media Reporter      20th October 2017 The Transnet National Ports Authority (TNPA) on Friday said it had injected R542-million into several major infrastructure and equipment projects at the Port of East London over the past few years as part of Operation Phakisa. This includes the R219-million refurbishment of the dry dock to... 

MEA manufacturing sector second-most vulnerable to cyberattacks

By: Schalk Burger     20th October 2017 The manufacturing sector was second only to the finance industry in terms of the most cyberattacks recorded in any sector in the Middle East and Africa (MEA) region in 2016, information technology (IT) services multinational Dimension Data’s ‘Global Threat Intelligence Report for 2017’ reveals.... 

New era of disruption

By: Saliem Fakir     20th October 2017 Perhaps the recent multiple attacks of extreme weather – hurricanes Harvey, Irma and Maria – do not only tell us that fierce weather is the new normal, but changes in weather, together with other global shifts and crises, are forcing us to acknowledge that we are moving into an era of greater... 

New security solution effective for African banks

By: Robyn Wilkinson     20th October 2017 Technology solutions providers Mint Management Technologies and Microsoft are finalising the first version of an anti-money-laundering (AML) solution to help protect African financial institutions from illegal activities without enforcing cumbersome administration processes on clients. 

Data governance key for precise, accurate business intelligence systems

By: Schalk Burger     20th October 2017 The rules of data governance, defined as the management of the availability, usability, integrity and security of enterprises’ data, are critical for effective business intelligence (BI) tools, says Yellowfin South Africa distributor AIGS sales and marketing director Gustav Piater. Many modern BI... 

Denver International Airport – Great Hall, US

By: Sheila Barradas     20th October 2017 Denver International Airport plans to upgrade the Jeppesen terminal at the airport. 

Relationship between agriculture, climate change should be prioritised

By: Anine Kilian     19th October 2017 A firm decision needs to be made on how to mitigate against the impact of climate change on the agricultural sector, which is facing increased environmental impacts, University of South Africa (Unisa) Exxaro Chair in Business and Climate research assistant Bongani Chavalala said on Wednesday.... 

Alcoa sees global aluminum market balancing on China's curbs

By: Bloomberg     19th October 2017 Alcoa Corp sees Chinese cuts in aluminum production returning the global market to “relative balance” as the Asian nation’s supply-side reforms begin to bite. The largest US aluminum producer reduced its global surplus forecast for the lightweight metal this year as China appears to be holding to... 

Miners beware growing cyber risk

By: Henry Lazenby     17th October 2017 Cyber risk has increased in prominence on professional services firm EY’s annual ‘Top 10 business risks facing mining and metals’ report, jumping to third position from ninth in 2016. According to EY's report, which was published on Tuesday, cyber risk is an ever-growing issue – an outcome of... 

EU remains focused on progressive trade policies, transparency

By: Natasha Odendaal     17th October 2017 Transparency, as well as balanced, inclusive and progressive trade policies remain top priorities for the European Union (EU) Commission as it shifts its trade approach in an ever-changing world to harness globalisation fairly. In recent years, global trade has come under immense negative... 

Six miners killed, one wounded in coal mine collapse in Turkey - aid agency

By: Reuters     17th October 2017 Six miners were killed and another was wounded after part of a coal mine in Turkey's southeastern province of Sirnak collapsed on Tuesday, Turkey's AFAD aid agency said. AFAD said search and rescue teams were searching for another worker who was trapped at the site. 

Defence and security industries need to work together – Armscor CEO

By: Keith Campbell     17th October 2017 In his address to South Africa's first Homeland Security Conference, in Pretoria, on Tuesday, Armscor CEO Kevin Wakeford highlighted that it marked the first time that the defence and security industries were "sitting together". He asserted that the two sectors needed to work together. "We've got... 

New border agency should have own budget, needs local technology – Mapisa-Nqakula

By: Keith Campbell     17th October 2017 South Africa's soon-to-be-created Border Management Authority (BMA) will "hopefully" be funded by a new budget line, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula told Engineering News Online on the fringes of the the Homeland Security Conference 2017, in Pretoria on Tuesday. "It... 

Cabinet reshuffle about consolidating Zuma’s power – Vavi

By: African News Agency      17th October 2017 President Jacob Zuma’s latest Cabinet reshuffle was a self-serving bid to consolidate power with a view to the ruling party’s elective conference, with no consideration for the good of the country, trade union leader Zwelinzima Vavi said on Tuesday. “It is about Jacob Zuma first and the country... 

Malmström raises EU’s concern over South Africa's stance towards renewables IPPs

By: Terence Creamer     17th October 2017 European Commissioner for Trade Cecilia Malmström confirmed on Tuesday that she had communicated the European Union’s (EU’s) unhappiness over Eskom’s refusal to enter into contracts with renewable-energy independent power producers (IPPs), some of which are European, directly with the South... 

Rand drops on Zuma's suprise 'pro-nuclear' Cabinet reshuffle

By: News24Wire      17th October 2017 The rand lost more than 0.5% within minutes of President Jacob Zuma's announcement of yet another surprise Cabinet reshuffle. The biggest move is that of energy - Mmamoloko Kubayi has been moved from the energy portfolio to communications, with David Mahlobo now occupying the position of Minister... 

Nzimande axed in another Cabinet reshuffle

By: Anine Kilian     17th October 2017 President Jacob Zuma has again made changes to his Cabinet. The Presidency said in a statement on Tuesday that Professor Hlengiwe Mkhize has been appointed Higher Education and Training Minister, Ayanda Dlodlo as Home Affairs Minister, Mmamaloko Kubayi as Communications Minister, David Mahlobo as... 

PRASA says it’s on top of security problems

By: News24Wire      17th October 2017 The Passenger Rail Agency of South Africa (PRASA) has responded to the damning letter written by Ernest Hendricks, regional security manager of the Western Cape. In the letter, dated 31 May and addressed to PRASA's head office in Pretoria, Hendricks described problems with the security system,... 

Water dept urges corporates to close R30bn/y infrastructure funding gap

By: African News Agency      16th October 2017 The  Department of Water Sanitation has urged the South African financial sector to support its efforts to close the water services R30-billion-a-year infrastructure funding gap.  The department is in the process of drafting a new national water and sanitation master plan, which is expected to be... 

US demands regional steel, aluminum in Nafta auto rules

By: Reuters     16th October 2017 The Trump administration is demanding the use of North American-made steel, aluminum, copper and plastic resins in cars and trucks sold under North American Free Trade Agreement rules, as it seeks to give US industry a boost. People briefed on the matter said US negotiators issued the proposal,... 

African airlines to incur $800m loss for 2017

By: Anine Kilian     13th October 2017 Although the global airline industry is expected to post a $31-billion net profit this year, African airlines will once again incur losses of up to $800-million. Southern African Development Community airlines are expected to incur a combined $350-million loss, of which about $100-million will be... 

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... 

Global water insecurity calls for water infrastructure maintenance

     13th October 2017 The growing funding gap to keep up with the rehabilitation, operation and maintenance of ageing water infrastructure is a global concern, particularly in the current age of austerity, says global engineering firm Aurecon. The firm emphasises that new water systems need to be built to cope with... 

Partnership creates complete truck stop service concept

By: Schalk Burger     13th October 2017 A partnership between local truck and trailer service Laser Fast, oil and gas multinational ExxonMobil, its local distributor CentLube and tyre multinational Michelin Tyre Company has resulted in the creation of a complete heavy-duty vehicle service and fuel and driver rest stop in Meyerton,... 

Analytics helps firms identify pattern deviation to improve cybersecurity

By: Schalk Burger     13th October 2017 Smart analytics and artificial intelligence (AI) can pinpoint pattern deviations and help companies to make informed decisions on where cybersecurity weak points are, as well as how to address them, says information technology (IT) multinational Wipro Cybersecurity and Risk Services-Africa... 

Hybrid solar systems punted as the way forward for sub-Saharan Africa mines

By: Dylan Slater     13th October 2017 Factors such as limited and unreliable energy transmission and distribution grids, across many countries in sub-Saharan Africa, have created a dependency among large industrial and mining houses on diesel and heavy fuel oil (HFO) to provide a reliable energy supply, says renewable-energy... 

Cumene plant, Germany

By: Sheila Barradas     13th October 2017 INEOS Phenol plans to build a world-scale cumene plant using Badger cumene technology. 

Alphamin's Bisie mine on track for 2019 production

By: Natasha Odendaal     12th October 2017 Despite facing significant social, political and geographical challenges, emerging miner Alphamin Resources is on track to deliver on the first large commercial tin mine in the eastern Democratic Republic of Congo (DRC). Against a backdrop of historical political upheaval, rent-seeking, an... 

Eskom facing threats on multiple fronts, Maritz acknowledges

By: Terence Creamer     12th October 2017 Eskom’s newest interim group CEO Sean Maritz has acknowledged that the utility is facing threats on multiple fronts in light of rapid changes to the global electricity landscape and the constrained outlook for domestic electricity sales. However, in a statement calling for “space and time to... 

Testimony in Parly probe into Eskom / Gupta links to start next week

By: African News Agency      11th October 2017 The list of names of witnesses to be called to testify at a parliamentary inquiry into state capture at South Africa’s sole power utility, Eskom, has been finalised and the probe officially kicks off on October 17, a statement from the national legislature said on Wednesday. “The Portfolio... 

Global steel recovery at risk from capacity ramp-ups outside China

By: Reuters     10th October 2017 The global steel sector's recovery from a glut-fuelled slump, driven by Chinese capacity cuts, is being put at risk by surplus capacity being built in the Middle East and Asia, sources and experts say. Figures from China show it has cut nearly 100-million tonnes of legal steel capacity and... 

DTI calls for resolution on outstanding Doha issues

By: Schalk Burger     10th October 2017 Trade and Industry Minister Dr Rob Davies on Tuesday called for outcomes to be developed for the outstanding issues of the Doha Development Agenda (DDA). Davies was in Morocco attending the World Trade Organisation (WTO) Informal Ministerial Gathering, which was attended by Ministers from the 164... 

Opinion: South Africa’s coal mining sector could shrink by 46% 

     6th October 2017 In this opinion article, independent economic risk consultant Rob Jeffrey argues that the mining industry and coal industry need to fight for their very future otherwise all is lost. Few people realise that future economic, political and social prosperity are at currently stake. Decisions made in... 

TransCanada snuffs out Energy East, Eastern Mainline projects

By: Henry Lazenby     6th October 2017 TransCanada has pulled the plug on the Energy East and Eastern Mainline pipeline projects, the oil and gas infrastructure major revealed on Thursday. The TSX- and NYSE-listed oil and gas company said it will inform the National Energy Board (NEB) that it will no longer be proceeding with its... 

Exhibition marks firm’s international re-entry

By: Simone Liedtke     6th October 2017 Protective workwear manufacturer Sweet-Orr is set to exhibit at this year’s A+A Trade Show exhibition – which is an important trade forum for safety, security and health at work – from October 17 to 20 in Dusseldorf, Germany. 

South Africa’s use of nonweapons-grade uranium to produce medical radioisotopes recognised

By: Keith Campbell     6th October 2017 South African company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation (Necsa), has been presented with an Award for Outstanding Achievement by the US National Nuclear Security Administration (NNSA), an agency of the US Department of Energy (DoE),... 

Biometrics security risks lie in data vulnerability

By: Schalk Burger     6th October 2017 The use of biometrics is growing in the financial services sector, making the security of the technology behind these mechanisms increasingly important. For financial institutions the primary goal of digitisation is making banking simpler and more intuitive for customers, says networking company... 

Manchester Airport superterminal, England

By: Sheila Barradas     6th October 2017 The project involves the design and construction of an extension to the existing Terminal 2 building, more than doubling its current size. 

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