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Discussions to be Held at the Manufacturing Indaba 2018

14th June 2018 The 5th annual Manufacturing Indaba will cover a range of topics pertinent to Africa’s manufacturing industry. These topics will be conveyed through comprehensive panel discussions led by industry experts, investors, policy makers and government representatives. The following topics will be... 

Wage protests threaten South African power supply

By: Reuters     14th June 2018 About 1 000 union members picketed Eskom's headquarters on Thursday in a wage dispute that threatens the cash-strapped South African utility's ability to deliver power. There have been no reports of outages in Africa's most industrialised economy, but Eskom said that some plants had cut output,... 

SOURCE hydropanel launches in S Africa

By: Marleny Arnoldi     14th June 2018 Zero Mass Water has launched its SOURCE hydropanel, which applies thermodynamics, materials science and controls technology to produce potable drinking water from only sunlight and air, in South Africa.  

Plastics|SA Raises Awareness About Keeping Plastics Pollution Out Of The Environment Sustainability Week, World Environment Day, World Oceans Day

14th June 2018 Plastics|SA used its participation in Sustainability Week (5-7 June 2018), World Environment Day (5 June 2018) and World Oceans Day (9 June) to raise awareness about the importance of keeping plastics pollution out of the environment. Plastics|SA is the umbrella organisation representing the... 

A$13bn takeover bid for APA Group

By: Esmarie Swanepoel     14th June 2018 Energy infrastructure business APA Group has received a near A$13-billion takeover offer from a consortium led by CK Infrastructure Holdings. The indicative and non-binding proposal was offering APA shareholders A$11 in cash for each stapled security, and permitted a distribution of no more... 

Metrorail bleeds passengers, has funds to turn around, says planning GM

By: Irma Venter     14th June 2018 Metrorail used to transport around 700-million people a year in the 1980s. Today, however, it is moving 300-million people a year. “We are sitting at an unprecedented level in terms of the performance of our trains,” says Passenger Rail Agency of South Africa (PRASA) strategic network planning GM... 

Cash-in-transit heists could lead to losses of R470m, Parliament hears

By: News24Wire      14th June 2018 Cash-in-transit heists will lead to cash losses of R470-million this year if the current trend continues, the Portfolio Committee on Police heard on Wednesday. The meeting brought together a range of stakeholders concerned with cash-in-transit heists, including the South African Banking Risk... 

Fortinet Signs Threat Information Sharing Agreement with INTERPOL

13th June 2018 Formal Relationship Showcases Public and Private Collaboration in Combating Cybercrime & Privacy Protection, Globally Silvino Schlickmann Jr., acting executive director, INTERPOL Global Complex for Innovation 

Electricity situation ‘tense but stable’ – Eskom

By: Marleny Arnoldi     13th June 2018 State-owned power utility Eskom’s power stations and other critical facilities continue to operate optimally, in line with the contingency measures put in place to ensure security of power supply during a period of “wildcat strikes”.  

CIPC launches Extensible Business Reporting Language to relieve regulatory burden

By: Marleny Arnoldi     13th June 2018 The ease of doing business and particularly reducing the regulatory burden for businesses received a boost with the launch of the Companies and Intellectual Property Commission’s (CIPC’s) Extensible Business Reporting Language (XBRL) this week.  

Congo's miners face harsh new reality as mining law finalised

By: Bloomberg     13th June 2018 The options for mining companies battling new legislation in the Democratic Republic of Congo -- Africa’s biggest copper producer and the source of two-thirds of the world’s cobalt -- have just about run out. After six months of lobbying, companies including Glencore and Randgold Resources have... 

Solidarity-ETM labour market index shows drop in job, wage security

By: Marleny Arnoldi     12th June 2018 Trade union Solidarity and ETM Analytics’ Labour Market Index (LMI), in the first quarter of this year, halted its continuing improvement since the first quarter of 2016.  

The effects of counterfeiting

12th June 2018 Backed by an illicit industry considered to be one of the largest in the world and costing the global economy billions of dollars, counterfeit goods are on the rise. It’s essential for brands to invest in resources to fight counterfeiting because just about any brand you consume can be... 

China Inc takes another bite of Congo's copper mining riches

By: Bloomberg     12th June 2018 China is making another big bet on copper in the Democratic Republic of Congo, deepening its presence in a country that’s proved very difficult for Western business. Congo holds huge reserves of copper, but is also one of the hardest countries to navigate -- with problems with security,... 

Eskom scrambles with contingency plans as workers strike looms

By: African News Agency      12th June 2018 South African state-owned power utility Eskom said on Tuesday it had put in place contingency measures to mitigate the impact of a planned strike by workers unions over the company's proposal not to increase wages. "Eskom has noted the statements made by the trade unions about their intentions to... 

Protect your personal information on social media- warns CSIR cybersecurity experts

11th June 2018 South Africans are sharing too much of their personal information on social media, allowing cybercriminals to exploit them for their personal gain. Cybersecurity experts from the Council for Scientific and Industrial Research (CSIR) have urged the public to be mindful of what they post on social... 

Developing Skills for the Future in Preparation of Industry 4.0

11th June 2018 As disruptive and ground-breaking technologies transform the global manufacturing industry, the Department of Trade and Industry (the dti), the Department Science and Technology and the Manufacturing Circle have partnered with the Manufacturing Indaba 2018 to unpack what Industry 4.0 means for... 

Denel welcomes debt extension

By: Simone Liedtke     11th June 2018 State-owned Denel has been granted an extension to repay its unsecured debt that was due on June 10. The extension is on a R290-million debt note that was taken up by Regiments Capital in June 2013, and a R400-million debt note in November 2015 and is “a welcome relief to the company as it... 

Public sector strike off as wage deal signed

By: Reuters     11th June 2018 A strike by South African public sector workers planned to start on Monday was called off after most trade unions accepted a government pay offer that exceeds Treasury provisions for salary increases. The stoppage was cancelled when more than 50% of unions in a bargaining council agreed to the... 

Sikorsky Continues Customer Support Focus with New Parts Supply Site and S-92 Blade Repair Capability

8th June 2018 Sikorsky, a Lockheed Martin company, today announced the relocation and expansion of its Brazil-based forward stocking location (FSL) at a ribbon cutting ceremony attended by local operator CEOs and Sikorsky officials. The strategic decision positions Sikorsky products closer to operators and... 

Energy discussion must be resolved soonest to spur economic transformation – Dr Yves Guenon

By: Nadine James     8th June 2018 Certainty, particularly around South Africa’s future baseload energy supply must be achieved in the Integrated Resource Plan (IRP), in order to ensure supply security, which will, in turn, stimulate investment and economic transformation, Izibani consultancy founder and French South African... 

Northern Vertex secures right of way for construction at Moss mines

By: Simone Liedtke     8th June 2018 TSX-V-listed Northern Vertex Mining has received certified grant letters for right of way (ROW) for the powerline, fibre-optics and access road construction for the Moss gold and silver mine, in Arizona. The letters and ROW, from the Bureau of Land Management (BLM), signal a “milestone which... 

Companies use Securex, A-OSH to showcase products and services

By: Tasneem Bulbulia     8th June 2018 The Securex exhibition and its co-located A-OSH Expo successfully executed their twenty-fifth and eighth editions respectively, with several companies using the events as a launchpad for new products and services. Securex is Africa’s leading security and fire-protection trade exhibition, while... 

How to offset the job killing effect of sugar tax

8th June 2018 FairPlay movement member Chris Ward argues that, by following the lead of sugar producing countries, such as Brazil, which is now a major bioethanol producer and exporter, South Africa will be able to not only save but also grow its sugar-cane industry 

Malawi aviation safety and security equipment upgrade

By: Marcel Chimwala     8th June 2018 The Malawi government is inviting expressions of interest in upgrading and replacing aviation safety and security equipment at two of the country's major airports. for Kamuzu International Airport (KIA) in the capital Lilongwe and Chileka International Airport (CIA) in the commercial city Blantyre. 

Study makes case for Africa nuclear roll-out, but concern persists

By: John Muchira     8th June 2018 Plans by some countries in sub-Saharan Africa to incorporate nuclear energy in electricity generation mix are feasible, despite the colossal challenges associated with nuclear plants, a new study has found. While opinion is deeply divided on whether sub-Sahara Africa is ready for nuclear energy,... 

Policy posers 

By: Terence Creamer     8th June 2018 South African energy policymakers would be well advised to take note a few recent reports as they move to finalise the long-awaited update to the Integrated Resource Plan (IRP) for electricity, as well as the Integrated Energy Plan (IEP). The first of these is titled ‘Status of Power System... 

Empire readies for court battle

By: Esmarie Swanepoel     7th June 2018 Junior gold miner Empire Resources is seeking legal assistance in its dealings with joint venture (JV) partner Brimstone Resources. Brimstone, which holds a 40% interest in the Penny’s Find project, has sought an injunction from the Supreme Court of Western Australia to prevent Empire from... 

Brazil presidential decree next week to overhaul mining rules – sources

By: Reuters     7th June 2018 Brazil's President Michel Temer plans to issue a decree next week to overhaul the rules for mining permits, bypassing Congress after it failed to approve similar changes last year, two people with direct knowledge of the matter told Reuters. The sources, who asked not to be named because the... 

Gold market could put supply on blockchain as soon as next year

By: Bloomberg     6th June 2018 The gold market could start using the technology behind cryptocurrencies to track an almost-$200 billion supply chain as soon as next year. The London Bullion Market Association (LBMA) last week closed an invitation for submissions of ideas for how to track the metal as it’s dug out of remote... 

What is best? – Financial Emigration or Double Taxation Agreement

6th June 2018 Jonty Leon, Attorney and Financial Emigration Legal Manager and Claudia Aires, Head of Financial Emigration at Financial Emigration When it comes to choosing financial emigration (FE) or a Double Taxation Agreement (DTA), expatriates must understand that there can never be a one size fits all... 

Nestlé launches 'zero water' manufacturing facility in Western Cape

By: Anine Kilian     5th June 2018 Nestlé South Africa on Tuesday launched its R88-million zero-water dairy manufacturing facility in Mossel Bay, in the Western Cape. The facility will allow Nestlé to reduce the factory’s water consumption by more than 50% during the first year of implementation by reusing the water recovered from... 

Solidarity launches four-pronged steel industry initiative amid global steel crisis

By: Schalk Burger     5th June 2018 Trade union Solidarity on Tuesday launched a four-pronged initiative to address and mitigate the impacts of the global steel crisis on local steel producers in an attempt to save jobs and local manufacturing capacity. Solidarity deputy general secretary for metals engineering Marius Croucamp... 

'Hi, I'm Pepper' – first humanoid robot in South Africa gently introduces herself

By: News24Wire      5th June 2018 At your next hotel check-in, you might just be assisted by a robot. Well, perhaps not quite yet, but the first humanoid robot in South Africa is an indicator of the capability of artificial intelligence (AI). Pepper, a humanoid chat robot was recently unveiled at Nedbank's digital-branch, the... 

BK16 diamond parcels delivered to Lucara lab for cleaning

By: Simone Liedtke     5th June 2018 TSX-V-listed Tsodilo Resources has delivered the first two parcels of diamonds from its BK16 kimberlite project, in the Orapa Kimberlite Field, in Botswana, to Lucara Diamond’s acid cleaning laboratory, in Gaborone, for cleaning. The parcels comprise 101 diamonds weighing 18.57 ct and 130... 

Govt foots gas plant refurbishment bill

By: Esmarie Swanepoel     5th June 2018 The federal government will award privately held Australian Gasfields A$2-million in funding to bring forward the refurbishment and restart of the Eromanga and Gilmore gas plants, in south west Queensland, by a year. The funding will come from the government’s A$26-million Gas Acceleration... 

Robben Island SleepOut event to celebrate Mandela’s centenary

By: Simone Liedtke     4th June 2018 On July 18 – what would have been Nelson Mandela’s centenary – 67 global influencers, business leaders and celebrities will spend the night inside the former maximum-security prison and courtyard on Robben Island, where Mandela spent 18 years, with the aim to raise $6.7-million. On the same... 

Two killed in abandoned mine in Morocco – agency

By: Reuters     4th June 2018 Two freelance miners have died in a rockfall in an abandoned Moroccan lead mine in a region hit by protests after the similar deaths of two other miners in December, state news agency MAP said. "Two people, aged 33 and 42, were killed on Sunday after a lead gallery partially collapsed in the... 

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