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India-US dialogue to set outline for Indian crude oil imports from Iran

By: Ajoy K Das     5th September 2018 The Indian government will not totally halt crude oil imports from Iran, but will likely show flexibility on volumes of inward shipment as a nuanced stance at the US-India bilateral engagements starting Wednesday. The Indian government reckons that this willingness to reduce crude volume imports... 

All-weather surge protection for PoE cameras and ethernet applications with DEHNpatch outdoor

By: Creamer Media Reporter      5th September 2018 Experts in the fields of safety, monitoring and network communication are familiar with the problem of surge arresters often needing to be installed in extremely exposed locations. This generally meant that they had to be laboriously protected against weather-related influences, which cost time,... 

ANC calls for immediate stimulus package as economy dips into recession

By: News24Wire      5th September 2018 The African National Congress (ANC) has called for ‘aggressiveness’ in implementing an economic recovery package after Stats SA announced on Tuesday that South Africa had slipped into its first technical recession since 2009.  In a statement on Wednesday, the party’s subcommittee on economic... 

Appea blasts South Australian decision

By: Esmarie Swanepoel     5th September 2018 The Australian Petroleum Production and Exploration Association (Appea) has condemned the South Australian government’s decision to support a bill to legislate a decade-long moratorium on hydraulic fracturing (fracking) in the state’s Limestone Coast region. “It is disappointing to see the state... 

Congo's biggest coltan miner resumes purchases after output halt

By: Bloomberg     5th September 2018 Societe Miniere de Bisunzu, the Democratic Republic of Congo’s biggest coltan miner, resumed purchases of the ore after a three-month shutdown at one of the country’s largest deposits. Output restarted at SMB’s mining permit, comprising seven sites at Rubaya in east Congo, on August 14 and the... 

Ethiopia opens logistics sector to foreign investment

By: News24Wire      5th September 2018 Ethiopia will open its logistics sector to foreign investors but cap their participation, the State investment body said on Tuesday in the latest reform to loosen the government's control of the economy. Prime Minister Abiy Ahmed has presided over a shake-up of one of the most heavily-regulated... 

Alcoa braces for alumina strike vote in Western Australia

By: Reuters     4th September 2018 A vote by striking workers at Alcoa's giant west Australian operations will close on Thursday, with the union anticipating a strong "no" vote that could prolong the four-week old strike. Around 1 500 workers at three alumina refineries and two bauxite mines in Western Australia state walked out... 

Hotel group Hilton opens $100m Society Business Park in Zambian capital

By: African News Agency      4th September 2018 Luxury hotel group Hilton has opened the refurbished 20-floor mixed-use development Society Business Park which houses Hilton Garden Inn in the Zambian capital Lusaka. In 2011, Zambia National Building Society (ZNBS) and the National Pension Scheme Authority (NAPSA) entered into a 20-year... 

Constitutional Court reverses Escobal reinstatement

By: Mariaan Webb     4th September 2018 Precious metals miner Tahoe Resources’ troubles in Gautemala deepened on Monday after the Constitutional Court reversed a Supreme Court decision to reinstate the Escobal mine's licence and ordered that nearby communities be consulted. The Ministry of Energy and Mines has to complete an ILO 169... 

Bidvest lifts FY18 HEPS despite volatile market

By: Simone Liedtke     3rd September 2018 JSE-listed services, trading and distribution company Bidvest on Monday declared a final dividend of 301c a share, bringing the total dividend for the financial year ended June 30 to 556c, amid a volatile market, which the company said was characterised by weak economic growth and consumer spend,... 

Beacon raises A$18m for Jaurdi restart

By: Esmarie Swanepoel     3rd September 2018 ASX-listed Beacon Minerals will raise A$18-million through a debenture issue to professional and sophisticated investors to fund the restart of its Jaurdi gold project, in Western Australia, in the first quarter of 2019. A prefeasibility study released last week found that the project could... 

Peregrine holders approve De Beers deal

By: Creamer Media Reporter      3rd September 2018 The takeover of Peregrine Diamonds by De Beers is expected to close on September 12, the TSX-V-listed junior said on Friday, announcing that its security holders have approved the plan of arrangement between the companies. In terms of the arrangement, announced in July, the Anglo American unit... 

CSIR Aeronautics attracting international clients as SA budgets fall

By: Rebecca Campbell     31st August 2018 The Council for Scientific and Industrial Research (CSIR) Aeronautics Systems Competency has created an innovation team to address both emerging opportunities and problems in the global aerospace environment. (“Innovation team” is a description, not a title.) This amounts to the creation of a new... 

Diamond sector must do more to tackle transparency challenge – rights groups

By: Anine Kilian     31st August 2018 The diamond industry continues to be tainted by links between diamonds and human rights abuses, conflict finance and corruption. This is according to Global Witness conflict resources campaign leader Michael Gibb, who notes that, although the diamond industry is not the only sector facing these... 

Politics hamper African airlines’ growth potential

By: Jessica Oosthuizen     31st August 2018 The African airline sector has significant potential for growth, but it is not growing sufficiently because of various issues, such as stringent regulatory frameworks, says flag carrier airline Air Mauritius Southern Africa and Latin America regional GM Carla da Silva. Government policies in... 

Spotlight on CTC and potential legal inconsistencies

By: Jessica Oosthuizen     31st August 2018 The Cape Town Convention (CTC) on International Interests in Mobile Equipment is receiving a lot of attention from the legal industry in terms of how South Africa has incorporated it and how certain remedies provided for therein are enforced in the aviation industry, says global law firm Norton... 

CSIR Aeronautics attracting international clients as SA budgets fall

By: Rebecca Campbell     31st August 2018 The Council for Scientific and Industrial Research (CSIR) Aeronautics Systems Competency has created an innovation team to address both emerging opportunities and problems in the global aerospace environment. (“Innovation team” is a description, not a title.) This amounts to the creation of a new... 

New tech blurring human-machine lines – Gartner

By: Schalk Burger     31st August 2018 Five emerging technology trends will blur the lines between humans and machines, says market research multinational Gartner. Technologies, such as artificial intelligence (AI) for example, play a critical role in enabling companies to be ubiquitous, always available and connected to business... 

IMF supports South African land reform provided it's 'rules based'

By: Reuters     30th August 2018 The International Monetary Fund (IMF) gave its full backing to South Africa's land reform plan on Thursday, as long as the highly contentious process is transparent and based on the constitution. The Fund's senior resident representative in South Africa Montfort Mlachila told Reuters that the... 

Britain and Nigeria sign security and defence agreement

By: African News Agency      30th August 2018 Britain and Nigeria have signed a security and defence agreement during a one-day visit by Prime Minister Theresa May on Wednesday as Africa’s most populous country struggles to defeat Boko Haram extremists and others linked to the Islamic State organisation.  The British prime minister is on a... 

Busa calls for preservation of ‘yellow card’ regime in Competition Amendment Bill

By: Simone Liedtke     29th August 2018 Business Unity South Africa (Busa) economic and trade policy director Olivier Serrao has called for the preservation of the “yellow card” regime in the Competition Amendment Bill. The current version of the Bill does away with the “yellow card” regime, which is currently in place through the... 

Machine learning, knowledge management tools changing legal industry

By: Schalk Burger     29th August 2018 The legal profession, as with most other knowledge professions, is changing through, besides others, the use of machine learning tools used to ensure that legal information is leveraged and disseminated efficiently to lawyers to fulfil their tasks more quickly and more accurately, law firm Cliffe... 

South African farmers play chicken with Trump tariffs

By: Reuters     29th August 2018 Herman Pretorius is just the kind of white South African farmer US President Donald Trump expressed concern for when he barged into the country's delicate land reform debate by ordering an investigation into the "large-scale killing of farmers". But for the greying, bespectacled 58-year-old,... 

NOSHCON 2018 highlights the implications of trends and technology in the safety space

29th August 2018 NOSA is once again proud to host NOSHCON, a leading risk management conference, and welcomes key industry participants as we discuss the latest developments in the sphere of managing and mitigating business risk. 

Manufacturers continue to invest, despite tough market conditions

By: Simone Liedtke     28th August 2018 With tough economic conditions continuing to impact on manufacturers, the Manufacturing Circle Investment Tracker (MCIT) index for the second quarter of 2018 saw a marginal decrease from 59 index points to 58. Despite this marginal decrease, Manufacturing Circle (MC) executive Philippa Rodseth... 

Minergy awarded mining licence for Botswana coal mine

By: Marleny Arnoldi     28th August 2018 Botswana Stock Exchange-listed Minergy aims to commission its Masama coal mine, in Botswana, in January, and to start producing coal within a month thereafter. This follows the company being granted a mining licence by the Ministry of Mineral Resources, Green Technology and Energy Security.  

Agricultural organisations commit to developing national strategy

By: Simone Liedtke     27th August 2018 The presidents of the African Farmers Association of South Africa (Afasa), the National African Farmers Union of South Africa (Nafu SA), Agri SA and the Transvaal Agricultural Union of South Africa (Tau-SA), as members of the Agri Sector Unity Forum (Asuf), on Monday declared their intent to work... 

Reduced Budgets And Local Defence Industry Support Enables Denel Participation At Aad2018

27th August 2018 Within the current operating context of austerity and prudent financial management, Denel’s participation at the upcoming Africa Aerospace and Defence (AAD) exhibition, has been enabled through local partnerships. AAD, Africa’s premier aerospace and defence exhibition, is a bi annual event that... 

How technology has made the world a smarter place

27th August 2018 By Mr CY Kim, Managing Director, LG Electronics South Africa Technology is embedded into every facet of modern life and with the arrival of artificial intelligence (AI), the internet of things (IoT) and the fourth industrial revolution, people sometimes worry about the implications of every... 

Stacking up the benefits! Maxiflex introduces the new Stackdoor® security grille

24th August 2018 Maxiflex is proud to introduce Stackdoor®, a completely unique and innovative certified security door solution that combines robustness, high safety specifications, efficiency and optimum security in a neat, compact and flexible package. Manufactured in The Netherlands, Stackdoor’s... 

Stacking up the benefits! Maxiflex introduces the new Stackdoor® security grille

24th August 2018 Maxiflex is proud to introduce Stackdoor®, a completely unique and innovative certified security door solution that combines robustness, high safety specifications, efficiency and optimum security in a neat, compact and flexible package. Manufactured in The Netherlands, Stackdoor’s... 

Challenges facing the private security industry - is there light at the end of the tunnel?

24th August 2018 The South African private security sector is facing more challenges than ever before. This was according to Tony Botes, national administrator, Security Association of South Africa (SASA), during his address at the Securex 2018 event, Africa’s leading security and fire trade exhibition, which... 

Local company launches new fire-detection range

By: Melissa Zisengwe     24th August 2018 Fire-detection manufacturer Zyteq Fire launched a locally designed and manufactured range of conventional fire-detection products at security and fire trade exhibition Securex in Johannesburg in May. “The fire detectors are designed to provide early detection and notification of fires. They are... 

Local company offers transformer fire-protection solutions

By: Melissa Zisengwe     24th August 2018 Industrial fires cause damage of about R430-million a year. Transformer fires are disruptive, dangerous and may cause loss of life. Depending on the severity of the fire the likelihood of explosions is very high, says safety solutions provider Sperosens. Common causes of transformer fires include... 

British aid partnership aimed at allowing Ethiopia to fund its own development

By: Rebecca Campbell     24th August 2018 Earlier this month the UK launched its largest ever “tax partnership programme”, with Ethiopia. In terms of this partnership, which was announced by UK International Development Secretary (Cabinet Minister) Penny Mordaunt while on a visit to the north east African country, Britain will provide... 

Secure multicloud environments key to digital transformation

By: Schalk Burger     24th August 2018 Providing application-centric security for multi-cloud environments is necessary to secure the many and increasing complex and cross-platform interactions of modern business and industry. Flexibility of use, movement of resources, data, workloads and accessibility across a range of devices are... 

Manchester Airport superterminal, England

By: Sheila Barradas     24th August 2018 Manchester Airport has marked one year of construction on the airport's superterminal project. 

JG Afrika helps SANRAL drive another strategic road upgrade

By: Creamer Media Reporter      23rd August 2018 JG Afrika, a leading engineering and environmental consultancy, is overseeing the upgrade of a 48 km section of the N2 highway between Caledon and Riviersonderend in the Western Cape. The road serves as a vital link between the Eastern Cape and KwaZulu-Natal, and about 3 500 motor vehicles and... 

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