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Mall of Africa to debut world first in integrated solar system

By: Tasneem Bulbulia     27th September 2018 Mall of Africa is set to unveil a world first in integrated renewable energy systems, with the largest rooftop solar photovoltaic (PV) system of its kind in the southern hemisphere and tenth worldwide. The 4 755 kW installation covers most of the available mall roof space, an area of about 45 000... 

Airports Company reports fall in its earnings but also in its debt

By: Rebecca Campbell     27th September 2018 The Airports Company South Africa (ACSA), one of the few South African State-owned companies that has been able to keep itself financially healthy, reported on Thursday that, despite declines in its revenues, profits, and earnings before interest, taxes, depreciation and amortisation (Ebitda), it... 

Uranium import probe threatens US nuclear power industry - group

By: Reuters     27th September 2018 US nuclear power generators urged the federal government against taking action in a dispute over imported uranium, arguing tariffs or quotas would increase costs for the struggling industry and possibly cause some reactors to shut, according to a statement emailed on Wednesday. The US Department... 

AfDB seeks partnerships to lift 1bn people out of hunger

By: Simone Liedtke     26th September 2018 The African Development Bank (AfDB) has called on global partners to join hands to lift one-billion people globally out of hunger. The finance institution said in a statement that it was leading the way by investing $24-billion in African agriculture over the next decade. 

ELB partners with US Kymeta Corporation Global access, anytime, anywhere, while on the move

26th September 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce the appointment of Kymeta Corporation (Kymeta) based in Redmond, Washington, USA as a technology partner. Kymeta has been recognized for its disruptive technology that is making mobile communications more accessible and secure... 

Union says meeting with Alcoa again over strike at Australian aluminium project

By: Reuters     26th September 2018 The union at Alcoa's aluminium operations in the state of Western Australia said it was meeting with the company again on Wednesday to try to resolve a strike that has lasted more than six weeks, after the firm last week revised an earlier offer. Unionised workers at two alumina refineries and... 

The lights are on at Sibaya Coastal Precinct!

By: Creamer Media Reporter      25th September 2018 The first residents of Sibaya Coastal Precinct are officially taking occupation of their brand new residences in OceanDune, and the lights are effectively on in the highly anticipated Precinct which is developing at a rapid rate along the M4! Tongaat Hulett Development Executive, Dayalan Chetty... 

KYC models need to upgrade

25th September 2018 Know Your Customer (KYC) and anti-money laundering approaches will need a complete overhaul to cope with the wave of digital change, the mainstreaming of blockchain technology and efforts to bank two billion unbanked people, says Ideco. Know your customer (KYC) and anti-money laundering (AML) is... 

Air traffic control undergoing a digital revolution

By: Rebecca Campbell     21st September 2018 The dramatic advances in information and communications technology, electro-optical technologies and digitalisation have enabled a revolution to take place in terms of airport air (and ground) traffic control. This was highlighted in a briefing at the Africa Aerospace and Defence 2018 exhibition... 

Ramaphosa's new 10-person land reform advisory panel

By: News24Wire      21st September 2018 President Cyril Ramaphosa has announced the names of his 10-person advisory panel on land reform.  The president announced the establishment of the panel when he unveiled the state's stimulus package on Friday morning in Pretoria.  

Ramaphosa aims to crowd in private resources for infrastructure fund

By: Terence Creamer     21st September 2018 President Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints. In unveiling the plan during a briefing at the Union Buildings in Pretoria on... 

The UK reaffirms wish to strengthen partnerships with South African defence industry

By: Rebecca Campbell     21st September 2018 Britain was committed to further developing and strengthening partnerships with South Africa in the defence and security sectors, and not least with the South African defence industry. "The Prime Minister's [Theresa May's] recent visit here highlighted the importance the UK places on its defence... 

Cloud shift starting to take place in SA financial service sector

21st September 2018 Mounting pressure on financial service institutions has forced a change in strategy as disruptors redefine the competitive landscape.  Andrew Cruise, CEO, Routed, a vendor neutral cloud infrastructure provider, says that thanks to the cloud and a growing base of market disruptors, innovation and... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

New IFS CEO bullish about prospects for growth in SA market

By: Natasha Odendaal     21st September 2018 Nearly three months into his new role as IFS South Africa MD and country manager, enterprise software veteran Mohamed Cassoojee has his eyes firmly focused on growing the global group’s local presence in large enterprise accounts, as well expanding its ecosystem of top-tier consulting and... 

Greater demand for transparency needed in African real estate industry

By: Simone Liedtke     20th September 2018 There is a growing acknowledgement of the central role that a transparent real estate sector plays in providing healthy, productive and competitive environments for communities and businesses, investment management company JLL global research head Jeremy Kelly said on Thursday. Market... 

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

Defence industry needs to adapt, optimise for Industry 4.0 – panel

By: Simone Liedtke     19th September 2018 The South African defence industry will need to pilot new projects and adapt to the Fourth Industrial Revolution in order to grow the defence sector and create jobs in the process. To do this, however, Engineers Without Borders founder and CEO Wiebke Toussaint suggested the industry adopt the... 

RS Components introduces low-cost high-density PCB stacking connectors

By: Creamer Media Reporter      19th September 2018 RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), a global multi-channel distributor, has introduced the Amphenol ICC BergStak® Lite 0.8 mm vertical mating PCB-to-PCB connector system. An economical yet versatile connector range with a multiplicity of configuration... 

Government looking at 'modernising' defence funding – Ramaphosa

By: Rebecca Campbell     19th September 2018 Government is looking at reducing the dependency of the South African National Defence Force (SANDF) on direct funding by the State, President Cyril Ramaphosa said on Wednesday. He was delivering the opening address for the Africa Aerospace and Defence 2018 exhibition at Air Force Base Waterkloof... 

Ramaphosa salutes defence industry for economic input, jobs

By: African News Agency      19th September 2018 President Cyril Ramaphosa on Wednesday paid tribute to South Africa's massive defence industry for creating much needed jobs and bringing in foreign currency. "For both security and developmental reasons, South Africa is looking after its defence industry, which is not only viewed as a department... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

US gives rare earths reprieve in revised $200bn China tariff list

By: Reuters     18th September 2018 The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, from its final list of tariffs on $200-billion of Chinese goods, underscoring its reliance on China for the strategic minerals. China is the world's largest producer of rare earths and... 

Western Cape farmers call for easing of water restrictions to repair drought damage

By: News24Wire      18th September 2018 Western Cape farmers are calling on government to reveal how much water they are likely to be allocated this summer, so they can make plans to fix the damage caused by the 60% cut in their water supply. Some farmers say they have already experienced their Day Zero – now they want to know if they... 

Calls mount for Eskom board to take the fall for coal shortages  

By: African News Agency      17th September 2018 The Energy Expert Coalition said on Monday that the Eskom board should take accountability after news surfaced that the power utility was facing yet another disastrous coal shortage. Eskom confirmed that there were currently eight power stations with less than 20 days of coal stockpiles, or nine... 

HMT Höfer Metall Technik signs service agreement for extrusion presses with SMS group

By: Creamer Media Reporter      17th September 2018 HMT Höfer Metall Technik, based in Hettstedt, Germany, has signed a service contract with the Technical Service of SMS group (www.sms-group.com) for its 25-MN-HybrEx® and its 18-MN-GIAextrusion press. With this contract, HMT aims to increase productivity, assure quality and enhance production... 

Government's economic stimulus package to be made public soon – Presidency

By: African News Agency      17th September 2018 The economic stimulus package adopted by cabinet will reprioritise government spending within the existing fiscal framework towards activities that will stimulate economic activity, the presidency said on Sunday. President Cyril Ramaphosa had "shared" with South Africa’s business and labour... 

Trailblazers, innovators win awards at GIL

By: Kim Cloete     14th September 2018 Trailblazers, innovators and entrepreneurs have been honoured with Best Practices Awards by global market research and consulting firm Frost & Sullivan. The company held its Growth, Innovation and Leadership awards banquet, in Cape Town, this week, to recognise the achievements of people in South... 

Nedlac provides update on legislative changes, stresses need to cooperate to grow economy

By: Marleny Arnoldi     14th September 2018 Labour Minister Mildred Oliphant has announced that the Equity Act will be amended, following a report by the South African Human Rights Commission that found some policies around affirmative action unconstitutional and not aligned with international best practice. She said, in her opening... 

Mabuza: 'Surgical and difficult austerity measures' may be necessary  

By: News24Wire      14th September 2018 Deputy President David Mabuza said on Friday during his address to the annual Nedlac conference in Johannesburg that the state may have to implement "surgical and difficult austerity measures”. He also called on local South African companies with cash reserves to start investing in SA, saying... 

PIC foresees great opportunity in investing in early stage tech-driven companies

By: Kim Cloete     14th September 2018 The Public Investment Corporation (PIC) has outlined its vision for its recently launched R2-billion fund aimed at early-stage tech-driven companies. PIC executive head of research Sholto Dolamo told a Frost & Sullivan CEO Think Tank, in Cape Town, that the PIC was venturing beyond its... 

New Century brings new life to former Queensland mine

By: Mariaan Webb     14th September 2018 Praise is pouring in for New Century Resources’ zinc tailings project at a former mine site north-west of Mount Isa, Queensland, with Mines Minister Anthony Lynham declaring it an “exciting new approach” and Queensland Resources Council CEO Ian Macfarlane labelling the project “ingenious”. The... 

Growing demand for synthetics not a threat to natural diamonds

By: Nadine James     14th September 2018 Although the global diamond market is currently worth about $87-billion, laboratory-grown diamonds only constitute 2% of that market, or $1.9-billion, says New York-based independent diamond analyst Paul Zimnisky. While the laboratory-grown diamond jewellery market is forecast to grow to about... 

Company announces new partnership

14th September 2018 Global testing, inspection certification company Bureau Veritas Consumer Products Services announced a new collaboration with New Zealand-based forensic food-science firm Oritain to provide their scientific traceability services as part of Bureau Veritas' Origin Traceability Solution.  

TÜV SÜD receives SANS accreditation

14th September 2018 Global technical services company TÜV SÜD’s inspection services were awarded South African National Accreditation System accreditation to South African National Standard (SANS) 17020 in March this year, in line with the expanded development of the company. The scope of accreditation covers the... 

SA cities not among the least liveable

By: Martin Zhuwakinyu     14th September 2018 South Africans are a whinging lot – there is survey data from credible research entities to prove this – and one of biggest gripes is about living conditions in towns and cities, especially in the less-well-to-do areas, better known in our lingo as ‘locations’ or ‘townships’. The service delivery... 

Renewable-energy guide offers insight into maturing African markets

By: Schalk Burger     14th September 2018 Global law firm DLA Piper has characterised the regulatory environments for renewable-energy projects in 12 African countries in response to developing markets on the continent, says DLA Piper Global co-chair of energy sector Natasha Luther-Jones. Renewable energy projects are becoming... 

Machine learning, knowledge management tools changing legal industry

By: Schalk Burger     14th September 2018 The legal profession, as with most other knowledge professions, is changing through the use of machine learning tools applied to ensure that legal information is leveraged and disseminated efficiently to lawyers to fulfil their tasks more quickly and more accurately, law firm Cliffe Dekker... 

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