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Rainbow Rare Earths secures up to $7.75m in new funding

By: Tasneem Bulbulia     28th January 2019 Rainbow Rare Earths has secured a new funding agreement, comprising an unsecured convertible security amount of $750 000 and a 24-month equity facility of up to $7-million, with an entity managed by The Lind Partners. There are no material conditions to closing and gross initial funds of $850 000... 

Dudu Myeni 'was powerful', State capture inquiry hears 

By: African News Agency      28th January 2019 Former South African Airways (SAA) board chairperson and head of the Jacob Zuma Foundation (JZF), Dudu Myeni, was paid R300 000 monthly by Bosasa as she was powerful and ''very close'' to former president Jacob Zuma, Bosasa's former COO Angelo Agrizzi testified on Monday. Agrizzi said a designer... 

UNTU intends to launch protest action against PRASA, Transport Minister

By: Simone Liedtke     28th January 2019 The United National Transport Union (UNTU) is in the process of launching a Nedlac Section 77 process through its affiliated federation, the Federation of Trade Unions of South Africa (Fedusa), which will allow protest action to force the Passenger Rail Agency of South Africa (PRASA) and... 

The Impact of Digitalisation and IoT on the African Energy Sector

28th January 2019 Leading figures within the African energy space will assemble at the Africa Energy Indaba to discuss the significance of digitalisation and IoT at a time when the energy sector is experiencing a major transition. The upcoming Africa Energy Indaba will host various forums on digitalisation and its... 

Boost Sub-Station Reliability With Flir Thermal Optics

28th January 2019 The return of an unreliable electricity supply in South Africa has much to do with the fact that the country’s power distribution grid is said to be falling apart. While something of an overstatement, power outages were indeed up 100% in 2018. The challenges are set to continue with predictions... 

Barrick CEO on Zambia tax dispute: Threats don't solve problems

By: Bloomberg     25th January 2019 Barrick Gold’s new CEO, Mark Bristow, said his company is seeking solutions to a dispute over mining taxes in Zambia. “We’re engaged with the government in a constructive way,” he told reporters at a press conference in the Ivory Coast’s economic capital, Abidjan. “We don’t believe that... 

Operation Phakisa for water expected by March 

By: Natasha Odendaal     25th January 2019 The Department of Water and Sanitation (DWS) is preparing to launch its own series of mini-Phakisa's to attempt to resolve the most pressing matters facing South Africa's water infrastructure sector. Over the next eight weeks, the department will mobilise provincial level Phakisa's prior to... 

Europa Metals streamlines listings

By: Tasneem Bulbulia     25th January 2019 European lead/zinc explorer Europa Metals has submitted a formal application to be removed from the official list of the ASX and plans to move its main listing from Johannesburg to London. Further, the company also applied to move from the main board of the JSE to the AltX. As a result, its... 

Major upgrades to start at six airports

By: Mc'Kyla Nortje     25th January 2019 South African airport management company Airports Company of South Africa (ACSA) announced that upgrades and improvements over the next three to eight years at six of the country’s airports will cost about R26-billion. The upgrades and improvements are primarily to improve passenger facilities... 

Embraer, Boeing deal approved by the new Brazilian government

By: Rebecca Campbell     25th January 2019 The Brazilian Government has approved the creation of two joint ventures (JVs) between Brazilian aerospace company Embraer and US aerospace group Boeing. The Brazilian Government holds a “golden share” in the originally State-owned Embraer, giving it power of veto over mergers, take-overs, and... 

Collaboration key to protect critical infrastructure from cyberthreats

By: Schalk Burger     25th January 2019 Electrical engineers and those involved in the power generation sector play a critical role in hardening power operations against intruders. However, the collaboration and support of corporate management and information technology (IT) departments are essential to mitigate cyberthreats, says... 

Ongoing tech investment seen as driver of future tourism growth

By: Schalk Burger     25th January 2019 South Africa must continue to invest in travel technologies and Internet of Things technologies to tap the potential of tourism amid changing expectations of travel and modes of transport, says digital security multinational Gemalto Commonwealth of Independent States, Middle East and Africa... 

Unisa, Exxaro, Sanedi launch first institutional anaerobic digester  

24th January 2019 To promote renewable energy as a cost-effective technology amid climate change and global warming, the University of South Africa, Exxaro Resources and the South African National Energy Development Institution launched in November its first institutional anaerobic digester. Simone Liedtke reports. 

Schneider Electric releases EcoStruxure Power 2.0 with comprehensive ISO Certification, compliant with latest Cybersecurity Standards and protecting Critical Power Assets with Thermal Monitoring

By: Creamer Media Reporter      24th January 2019 Second generation EcoStruxure Power 2.0 system release delivers unique enhancements: ISO50001, ISO50002 and ISO50006 energy management certification and compliance to IEC 62443-4-2 cybersecurity standards. Latest digital applications for thermal monitoring, power event analysis and microgrids... 

Zimbabwe soldiers 'beating' protesters as crackdown continues

By: News24Wire      24th January 2019 Soldiers beat people on the streets of Zimbabwe's capital and second city Bulawayo overnight Tuesday, residents said, hours after President Emmerson Mnangagwa promised to investigate a security service crackdown on anti-government protesters. There was no immediate comment from the government or... 

GETI provides insights into talent environment for energy sectors

By: Tasneem Bulbulia     22nd January 2019 The third annual Global Energy Talent Index (GETI), the world’s largest energy recruitment and employment trends report, was released on Tuesday, and offered insights into five industry subsectors – oil and gas, renewables, power, nuclear and petrochemicals. The report, compiled by Airswift and... 

Uganda deports French, Rwandan MTN execs citing national security – police

By: Reuters     22nd January 2019 Uganda has deported a French and a Rwandan executive from telecoms group MTN, accusing them of planning to compromise national security, police said on Tuesday. MTN Uganda, a unit of the South African telecoms firm, said its Chief Marketing Officer, Olivier Prentout, was detained at Entebbe... 

Cybercrime trends and Financial Services

22nd January 2019 By Doros Hadjizenonos, Regional Sales Director for Fortinet in South Africa The same concept holds true for cybercrime and the Financial Services industry. At the end of the day, regardless of who the ultimate victim of a cyberattack is, the end goal of most cyber events continues to be financial... 

Armscor grants CEO special leave to prepare for State capture inquiry

By: Marleny Arnoldi     21st January 2019 Armaments Corporation of South Africa (Armscor) CEO Kevin Wakeford has requested special leave, after his name was mentioned during testimony before the Zondo Commission Inquiry into State Capture last week. IOL News reported on Sunday that Bosasa’s former COO Angelo Agrizzi last week told the... 

AGCO to take farm mechanisation into rural African communities

By: African News Agency      21st January 2019 Global agriculture company AGCO has launched an initiative to take farm mechanization deep into rural communities in Africa to facilitate food security and unlock the potential of small-scale farming. AGCO, a worldwide manufacturer and distributor of agricultural equipment, unveiled the Farm in a... 

Goldcorp names #DisruptMining semi-finalists

By: Creamer Media Reporter      18th January 2019 The six semi-finalists for #DisruptMining 2019 and the five 'sharks' who will judge the live finale of Goldcorp's yearly innovation challenge have been named. 

Geologist of Canadian/Aussie JV project murdered in Burkina Faso

By: Esmarie Iannucci     18th January 2019 ASX-listed Predictive Discovery has announced the death of a senior employee of its Canadian joint venture (JV) partner, Progress Minerals, at the Progress JV in Burkina Faso. Canadian geologist Kirk Woodman was kidnapped from an exploration camp in Burkina Faso on January 15, and his body was... 

Inside one of Joburg’s flagship urban renewal projects

By: Dylan Slater     18th January 2019 Urban property fund Divercity is helping City of Johannesburg mayor Herman Mashaba to realise his concept of restoring the Johannesburg central business district (CBD) to a degree of its former glory, as well as his wish to “turn Johannesburg into a construction site”, with old buildings being... 

Companies to boost cobot industry

By: Halima Frost     18th January 2019 Electronics company Omron Corporation and collaborative arm robot manufacturer Techman Robot have provided collaborative robots, or cobots, that can be used for a variety of applications such as electronics assembly, product testing and inspection. This comes after both companies signed an... 

IoT, data seen as way to offset legacy revenue declines

By: Natasha Odendaal     18th January 2019 Operators should consider increasing their investments in emerging growth areas such as Internet of Things (IoT), next-generation fixed networks and other business services to offset the considerable declines in legacy services. Revenue growth in the South African enterprise market remains weak;... 

Reflections on global conventions in a postliberal order

By: Saliem Fakir     18th January 2019 I was in Sharm-El Shaik, Egypt, in November at a gathering of the Convention on Biological Diversity (CBD) of the Conference of the Parties (COP). This enclave of holiday resorts is characterised by daily jostling by tourists mostly from Kiev. At least four flights a day come and in out of the... 

Zurich data centre to process malware for global transparency initiative

By: Schalk Burger     18th January 2019 Cybersecurity multinational Kaspersky Lab’s new data centre in Zurich, Switzerland, will process malicious and suspicious files shared by users of Kaspersky Lab products in Europe, and forms part of its Global Transparency Initiative, says Kaspersky Lab CEO Eugene Kaspersky. The relocation of... 

Inside one of Joburg’s flagship urban renewal projects

By: Dylan Slater     18th January 2019 Urban property fund Divercity is helping City of Johannesburg mayor Herman Mashaba to realise his concept of restoring the Johannesburg central business district (CBD) to a degree of its former glory, as well as his wish to “turn Johannesburg into a construction site”, with old buildings being... 

Connectivity and security balance critical as smart cities grow

By: Schalk Burger     18th January 2019 A balance between the hyperconnected-and-vulnerable and overly-cautious, developmentally moribund poles of the smart-city spectrum must be sought to support and protect smart cities, says networking multinational F5 Networks major channel account manager Simon McCullough. As smart cities expand,... 

AEMFC says will submit bid for Optimum assets

By: Marleny Arnoldi     17th January 2019 An African Exploration Mining and Finance Corporation- (AEMFC-) led consortium on Thursday announced that it would submit a bid for the Optimum Coal assets, which are currently in business rescue. State-owned AEMFC believed the Optimum Coal transaction would be fundamental to the country’s... 

US urges Zimbabwe military to practice restraint amid protests

By: African News Agency      17th January 2019 The United States Embassy in Harare on Thursday expressed concern over reports of violence in parts of Zimbabwe, urging all parties to exercise restraint. "We condemn any disproportionate use of force and call on Zimbabwe’s security forces to respond to civil unrest professionally and with... 

Agrizzi shows inquiry video of Bosasa bosses counting money for ACSA tender bribe

By: African News Agency      17th January 2019 Former Bosasa chief operating officer Angelo Agrizzi on Thursday showed the commission probing state capture a video in which businessman Gavin Watson counted money allegedly used to pay a bribe to secure a R14 million a month contract from the Airports Company of South Africa (ACSA). Continuing... 

ACSA, Wits Access Management System challenge crowns winner; unlocks opportunities for youth  

17th January 2019 Team Authentic8 was crowned the winner of the Airports Company South Africa and University of the Witwatersrand's Tshimologong Digital Innovation Precinct’s security access management hackathon in November. Tasneem Bulbulia tells us more. 

Platinum price fall worsening plight of job-intensive mines 

By: Martin Creamer     16th January 2019 The latest fall of the platinum price is threatening to become the last straw that broke the camel’s back for some deep labour-intensive platinum group metals (PGMs) mines on particularly the western limb of the Bushveld Complex, Mining Weekly Online can today report. Well ahead of the latest... 

Emira upgrades Denver warehouse

By: Tasneem Bulbulia     16th January 2019 JSE-listed Emira Property Fund is set to complete the total refurbishment of its 9 800 m2 warehouse facility, located in the industrial hub of Denver, Johannesburg, by March. Emira is investing R8.2-million in the revamp project. 

Don’t hurt farmers with higher electricity tariffs, says Agri Western Cape 

By: Kim Cloete     15th January 2019 Sharp electricity tariff hikes would have a major detrimental effect on the agricultural sector, Agri Western Cape has said during public hearings into electricity tariffs. In its submission to the National Energy Regulator of South Africa (Nersa), Agri SA said high increases in electricity costs... 

SAA appoints former prosecution chief to its group executive 

By: Rebecca Campbell     15th January 2019 Embattled State-owned flag-carrier South African Airways (SAA) announced on Tuesday that Advocate Vusi Pikoli had been appointed as the airline’s Chief Risk and Compliance Officer. He will take up the post on February 1. Pikoli is currently an advisor to the Minister of State Security. He was,... 

Debtech X-Ray Diamond Recovery Technology To Sierra Leone

15th January 2019 Working in collaboration with project house Paradigm Project Management, diamond processing technology specialists DebTech is supplying its well-proven X-ray diamond recovery technology to the Tongo diamond mining project in Sierra Leone, currently being developed by Newfield Resources Ltd.... 

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