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Iata’s new payment method for air tickets successfully demonstrated

By: Tasneem Bulbulia     8th January 2019 The International Air Transport Association (Iata) has successfully completed the first Iata Pay ticket purchase transaction in a live test environment, the organisation announced in a statement on Tuesday. The transaction was conducted in partnership with UK-based fintech company ipagoo. 

Texton’s shareholders vote against share repurchase

By: Tasneem Bulbulia     7th January 2019 Shareholders of Texton Property Fund have voted against the repurchase of shares in terms of the put option related to Texton’s 2014 broad-based black economic empowerment (BBBEE) deal, the company noted in a statement on Monday. Under the terms of the transaction, Texton Broadbased Empowerment... 

Congo postpones Sunday's presidential vote by a week

By: Reuters     21st December 2018 Democratic Republic of Congo's election board has postponed a long-anticipated presidential vote scheduled for Sunday by one week until December 30 after a fire destroyed voting materials. Already delayed repeatedly since 2016, the poll is meant to choose a successor to President Joseph Kabila,... 

Guinea-focused Bellzone Mining goes bust

By: Mariaan Webb     14th December 2018 Guinea-focused iron-ore company Bellzone Mining has called in the liquidators after its largest shareholder and main backer Hudson Capital prevented it from raising any further equity and debt. The company previously warned that it would go bust if it could not secure a fresh injection of cash... 

Mining convention for Kore’s Kola, Dougou prospects finalised

By: Marleny Arnoldi     7th December 2018 Dual-listed Kore Potash announced on Friday that the mining convention covering the company’s proposed staged development of the Kola and Dougou mining prospects has been finalised, following ratification by the parliament of the Republic of Congo. The gazetting of the mining convention allows... 

Microsoft data centres to impact local insurance market

7th December 2018 In May last year, Microsoft announced plans to launch two data centres in South Africa. Located in Johannesburg and Cape Town, these see the company targeting cloud services growth on the continent. These data centres will deliver the Microsoft Cloud, including Microsoft Azure, Office 365, and... 

Gupta mining boss JP Arora gunned down

By: News24Wire      3rd December 2018 The CEO of Gupta-owned JIC Mining, JP Arora, was killed in a shooting on New Road in Midrand on Saturday night, police have confirmed. SAPS spokesperson Captain Kay Makhubele said he could not confirm reports of Arora's car being sprayed with bullets. News24 has learned that Arora was returning... 

ACSA, Wits Access Management System challenge winner announced

By: Tasneem Bulbulia     16th November 2018 Team Authentic8 was on Friday declared the winner of the Airports Company South Africa (ACSA) and University of the Witwatersrand's (Wits') Tshimologong Digital Innovation Precinct’s security access management hackathon, also called the Access Management System Challenge. The announcement was... 

Second annual survey reveals increased IoT investment, real-time data sharing

2nd November 2018 Zebra Technologies today announced the results of its second annual “Intelligent Enterprise Index.” The Index is a global survey that measures where companies are on the journey to becoming an “intelligent enterprise” – one that connects the physical and digital worlds to drive innovation through... 

Second annual survey reveals increased IoT investment, real-time data sharing

2nd November 2018 Zebra Technologies today announced the results of its second annual “Intelligent Enterprise Index.” The Index is a global survey that measures where companies are on the journey to becoming an “intelligent enterprise” – one that connects the physical and digital worlds to drive innovation through... 

Cartrack aims for a million-plus subscribers by 2020

By: Irma Venter     31st October 2018 Cartrack should truly reach economies of scale in the next 24 months, when the mobile asset management and asset recovery company should reach one-million global subscribers, says CEO Zak Calisto. Speaking in Johannesburg as he announced Cartrack’s financial results for the six months ended... 

Save the date: Securex South Africa 2019 set to continue on integrated physical and cybersecurity path

31st October 2018 On the back of the most successful Securex South Africa expo to date in 2018, Africa's leading security and fire trade exhibition will return to Gallagher Convention Centre in Johannesburg for its 26th edition from 14 to 16 May 2019. “Securex South Africa 2018 drew in over 7,000 visitors, a more... 

Businesses need increased awareness when managing risks – Dlamini

By: Simone Liedtke     30th October 2018 Given the fact that the world is marked by volatility, uncertainty, complexity and increasing ambiguity, retail property group Massmart chairperson Kuseni Dlamini on Tuesday suggested that businesses need to be “that much more aware and vigilant in terms of managing risks in the most appropriate... 

Resgen, Noble reach agreement on security condition to financing facility

By: Tasneem Bulbulia     30th October 2018 ASX- and JSE-listed Resource Generation (Resgen) and Noble Resources International have agreed that the security to be provided as part of a revised funding arrangement between Noble and Resgen subsidiary Ledjadja Coal, be a share pledge over ResGen’s 74% interest in Ledjadja, which is held by... 

Cybersecurity must be managed at board level, urges Gautrain boss 

By: Irma Venter     30th October 2018 Cybersecurity must be managed proactively at board level, says Gautrain Management Agency (GMA) CEO Jack van der Merwe. “It must be led by senior management and assured by corporate governance. It is a line function and not a staff function.” 

Oppenheimers defend private terminal at Joburg airport 

By: African News Agency      30th October 2018 The Oppenheimer family on Tuesday fiercely defended their operation of a private terminal at the OR Tambo International Airport in Johannesburg at a meeting with MPs fraught with tension and disruption.  The briefing to Parliament's home affairs portfolio committee was at one stage disrupted by... 

Alliance Sensors Group Releases Two New LVDT Signal Conditioners

30th October 2018 Alliance Sensors Group has developed into “The Name in LVDT Signal Conditioning” due to the constant improvements and advancements made to its line of LVDT signal conditioners. Alliance Sensors Group was founded by Harold and Howard Schaevitz, widely known as the first family of LVDTs. The... 

US steel tariff fight stirs up a swarm of WTO litigation

By: Reuters     30th October 2018 The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over US metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada. The US tariffs attracted an unprecedented seven... 

S&P's says concerned about South Africa's fiscal consolidation, land reform

By: Reuters     30th October 2018 South Africa's sovereign rating risked being downgraded due to concerns about the postponement of fiscal consolidation and lack of clarity around land expropriation, a senior S&P's Global Ratings analyst said on Tuesday. Recession-hit South Africa last week unveiled a bleak budget that saw wider... 

Rail Enforcement Unit launched in Cape Town

By: African News Agency      29th October 2018 A much-anticipated Rail Enforcement Unit was launched during a ceremony on Cape Town railway station on Monday morning, with the hope of securing the safety of passengers and critical infrastructure on the city's beleaguered rail network. The establishment of the unit follows the memorandum of... 

Save on costs when moving Wi-Fi management to the cloud

By: Creamer Media Reporter      29th October 2018 Westcon is helping customers better manage the escalating costs of their WLANs with the delivery of Ruckus Cloud Wi-Fi. By placing the management of Wi-Fi in the cloud, the solution eliminates the growing need for on-premise controllers.   With Ruckus Cloud Wi-Fi, available to Westcon resellers,... 

Business concerned about coal sector job losses

By: Kim Cloete     26th October 2018 The National Society of Black Engineers (NSBE) and the Black Business Council (BBC) have called for amendments to the Integrated Resource Plan (IRP) 2018, telling Parliament's Portfolio Committee on Energy, on Friday, that the draft plan, with its emphasis on renewable energy rather than coal,... 

Rail industry plagued by theft, vandalism

By: Simone Liedtke     26th October 2018 Train collisions accounted for the highest number of safety incidents in the rail sector during 2017/18, the Railway Safety Regulator’s (RSR’s) annual ‘State of Safety’ report, shows. Other prominent incidents included fires, platform train interchange incidents, people being struck by trains and... 

Ferodo® Quantum Taxi pads feature innovative Eco-Friction® technology in new packaging

26th October 2018 Product offering from Ferodo increases stopping power, improves safety and durability Federal-Mogul Motorparts today announced the launch of new packaging for its Ferodo® Eco-Friction® Taxi brake pad range. The pads are designed specifically for the extremely popular Toyota Quantum minibus,... 

Eskom welcomes Fitch Ratings’ decision

By: Marleny Arnoldi     26th October 2018 Ratings agency Fitch Ratings has affirmed Eskom’s long-term local currency issuer default rating and unguaranteed local currency senior unsecured ratings of ‘BB-’ . Fitch also maintained the national long-term rating at ‘A(zaf)’ and the national short-term rating at ‘F1(zaf)’.  

Shake-up at US energy regulator raises specter of coal bailout

By: Bloomberg     26th October 2018 An untimely resignation has given one Kentucky Republican a second shot at saving coal. Neil Chatterjee, former energy adviser to Senate Majority Leader Mitch McConnell, has been tapped to lead the Federal Energy Regulatory Commission after Chairman Kevin McIntyre stepped down this week due to... 

Ultra-Lok® helps to clamp down on cable theft

26th October 2018 The tamper-proof Ultra-Lok® clamping system, distributed locally by Banding & Identification (ID) Solutions Africa, has been relaunched with a particular emphasis on its ability to prevent cable theft. Cable theft costs the South African economy billions of rands each year in lost productivity,... 

More data to train machines set to change business functions

By: Schalk Burger     26th October 2018 Machine learning, underpinned by massive volumes of data, and the cognitive systems they enable will be key to business in the future, says data management company CommVault Europe, Middle East and Africa senior marketing director Nigel Williams. Whether it is computational fluid dynamics or... 

Progress made to deliver value-based company strategy

By: Paige Müller     26th October 2018 Integrated chemical and energy company Sasol’s 2018 financial year – which came to a close in June of this year – has proven positive in terms of realising the company’s strategy. “The company has made significant strides in bettering its organisational culture and advancing opportunities in its... 

Sasol, Indian companies join EP100 global energy-saving initiative

26th October 2018 Petrochemicals giant Sasol and Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers, Mahindra Heavy Engines and Godrej Industries and Associate Companies (Gilac) last month pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. EP100 is a... 

Study examines impact of strikes on South African economy

26th October 2018 Amid continued protest action at chemical and petrochemicals heavyweight Sasol, university-led research foundation the Mandela Initiative has released conclusions on its research into the topic of local strikes and labour unrest. Sasol employees and members of trade union Solidarity have been on... 

New genset aims to transform the power base of Africa’s telecoms towers

By: Natasha Odendaal     26th October 2018 Microturbine generator sets (genset) designer, developer, engineer and manufacturer Bladon Micro Turbine has developed a microturbine genset specifically designed for the global telecoms tower market. The Coventry-based group’s first commercial product, the 12kW Bladon MTG12, aims to dominate the... 

ICT company continues to deliver on growth plans in H1

By: Simone Liedtke     25th October 2018 Information and communications technology (ICT) provider Allied Electronics (Altron) continued to deliver on its growth plans and reduce its debt, and completed the divestment of noncore assets in the six months to August 31. During a conference call on Thursday, the JSE-listed company noted that... 

Finalists named in IITPSA President’s Awards 2018

25th October 2018 The Institute of Information Technology Professionals SA (IITPSA) has named the finalists for the 2018 President’s Awards, including the prestigious IT Personality and Visionary CIO of the Year Awards and two new awards – a Technology Excellence Award and a Social Responsibility/Community Award.... 

Finalists named in IITPSA President’s Awards 2018

25th October 2018 The Institute of Information Technology Professionals SA has named the finalists for the 2018 President’s Awards, including the prestigious IT Personality and Visionary CIO of the Year Awards and two new awards – a Technology Excellence Award and a Social Responsibility/Community Award.  Now in... 

Announcement on preferred bidder for Gautrain rolling stock expected by year-end

By: Irma Venter     25th October 2018 The preferred bidder in the race to provide 12 new four-car trains to the Gautrain system should be announced by the end of the year, says Gautrain Management Agency (GMA) CEO Jack van der Merwe.   The announcement was originally expected in August. The Gautrain system currently operates 96... 

Scholars beware: phishing fraudsters hunt for university credentials

24th October 2018 Kaspersky Lab urges academics to be careful online: the company's researchers have detected multiple cyberattacks hitting at least 131 universities in 16 countries, including South Africa, where several well-known universities have experienced at least one phishing attack in the past year. These... 

Blockchain an ‘ideal technology’ to reveal sustainability of the mining supply chain – report

By: Simone Liedtke     24th October 2018 With an increasing focus on and demand for corporate social responsibility with the sustainability of mining at stake, blockchain is an ideal technology to reveal the sustainability of the supply chain, a report published by global law firm White & Case shows. Co-authored by partners Rebecca... 

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