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AECOM hones regional focus with integration of its Middle East and African operations

By: Creamer Media Reporter      18th February 2019 “We are incredibly proud to be involved in some of the biggest infrastructure projects across Africa, including the $1.5 billion Tema Port Expansion Project for Meridian Port Services in Ghana,” said Joe Ndala, AECOM’s Managing Director of South Africa and Chief Financial Officer for the African... 

Cape Town’s WhereIsMyTransport expands to Latin America, India

By: Irma Venter     22nd January 2019 Public transport data and technology company WhereIsMyTransport has raised $1.85-million in funding from Liil Ventures and Goodwell Investments, as part of its Series A funding round. The funding will support the company’s expansion into Latin America and India. 

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... 

Jervois to acquire M2 Cobalt to propel its East African ambitions

By: Marleny Arnoldi     22nd January 2019 ASX-listed Jervois Mining will acquire TSX-V-listed M2 Cobalt as it seeks to gain a foothold in East Africa. Under the terms of the agreement, each common share of M2 will be exchanged for one common share of Jervois. This represents an implied offer price of C$0.262 apiece, based on the closing... 

Tullow Oil hit by payment delay, but sees higher output

By: Reuters     16th January 2019 A delay in receiving payment from the sale of a stake in Ugandan oilfields caused Tullow Oil to miss cash flow and debt forecasts on Wednesday, although the firm said it expected to receive the money soon and also forecast higher production. The Africa-focused company said it expected production... 

Uganda's president 'astonished' MTN charged less for telecom licence renewal

By: Reuters     15th January 2019 Uganda's President Yoweri Museveni has criticised the telecommunications regulator after it slashed MTN Uganda's fee for renewing its telecoms licence, according to a letter seen by Reuters. Local media reported on Tuesday that the Uganda Communications Commission (UCC) had decided to charge MTN... 

AECOM maintains Level 1 B-BBEE status as transformation accelerates

By: Creamer Media Reporter      11th January 2019 The Level 1 status is affirmation of AECOM’s ongoing commitment to transformation, focusing on equity ownership and employment equity, skills development, supplier development, procurement, and socio-economic development. Ndala explains that, on a national level, a Level 1 B-BBEE accreditation... 

Uganda aims to impose penalties on distributor for power outages

By: Reuters     11th January 2019 Uganda aims to impose financial penalties from March on its sole power distributor Umeme for any frequent and prolonged supply outages, the regulator said. The public has long complained about high tariffs and long power cuts, while unreliable supplies add extra costs to businesses, which often... 

What would you do if you didn’t need the money? (and why it matters NOW)

By: Creamer Media Reporter      10th January 2019 What would you do if you didn’t need the money? It’s not a question we often give much serious thought to, but it may very well be one that we need to answer in the next few decades. The advent of the internet was expected to result in widespread economic democratisation; instead, it has resulted... 

Uganda aims to pick bidder to build, operate highway by end-2019

By: Reuters     9th January 2019 Uganda expects to pick the winning bidder by the end of 2019 to build and operate a $1.5-billion road project under a public private partnership (PPP) model, a senior official said on Tuesday. The planned 95 km (60-mile) highway will connect the capital Kampala with Jinja, an industrial town in... 

SAA secures R3.5bn loan to keep operating until March  

By: News24Wire      8th January 2019 South Africans Airways (SAA) says it has secured the R3.5-billion loan it needed to keep operating until the end of the financial year in March, providing a temporary relief for the cash-strapped airline. The loss-making flag carrier, which is battling cash flow challenges, is implementing a... 

Congolese mining company leaves ITSCI certification scheme over cost

By: Reuters     7th January 2019 Congo's biggest miner of coltan, an ore that is the source of metals used in mobile phones, says it is leaving the ITSCI certification scheme, relied on by major companies as a guarantee that minerals are free from human rights abuses. Societe Miniere de Bisunzu (SMB), has given 30 days notice to... 

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... 

Sipa starts ‘extensive’ Uganda nickel exploration programme

By: Nadine James     23rd October 2018 Australia-based exploration company Sipa Resources on Tuesday announced that an “extensive” nickel exploration programme was under way at the Kitgum Pader joint venture (JV) project, in Uganda. The Kitgum-Pader project contains two new mineral discoveries, Akelikongo nickel/copper sulphide and... 

There is room for more ride-hailing services, says Taxify country manager

By: Irma Venter     23rd October 2018 Taxify believes there is room for another electronic ride-hailing service in South Africa. US-based Uber started operations in South Africa in 2013, with Estonia’s Taxify moving into the country in 2016. 

Africa Code Week 2018 accelerates community capacity building with significant Google support

22nd October 2018 Africa Code Week 2018 received a significant boost with the announcement of key partner Google's support of 53 non-profit organisations across 11 countries. This is the third consecutive year that Google is making micro grants available to organisations involved in implementing Africa Code Week's... 

Imbizo to promote green chemistry in South Africa

By: Natasha Odendaal     19th October 2018 The National Cleaner Production Centre of South Africa (NCPC-SA) is working steadily behind the scenes to promote and develop the concept of green chemistry, as part of a global initiative driven by the United Nations Industrial Development Organization (UNIDO) and Yale University’s Center for... 

Positives of migration

By: Martin Zhuwakinyu     19th October 2018 Television footage of desperate Africans drowning in the Mediterranean Sea en route to Spain and other European destinations that hold out the promise of a better life has become all too frequent. The International Organisation for Migration puts the cumulative toll since 2000 at 33 000, with... 

Liquid eyes further expansion as Cape to Cairo links up

By: Natasha Odendaal     18th October 2018 Pan-African telecommunications group Liquid Telecom is eyeing further expansion across the African continent after completing its Phase 1 decade-long project of connecting a 60 000 km network from Cape Town, South Africa, to Cairo, Egypt. The group on Thursday reported that, following the... 

Africans fear trend towards levies on data, services

By: Reuters     18th October 2018 The brisk business Julius Kirya did from his cash transfer kiosk in the Ugandan capital has slowed right down with a new tax on mobile money. Many of his customers have returned to sending banknotes by hand, in some cases via motorbike taxi. How to tax digital revenues, from fintech to social... 

Poverty comes with a data premium – Competition Commission hears 

By: Natasha Odendaal     17th October 2018 Just over a year since initiating a market inquiry into data services, the Competition Commission on Wednesday kicked off its three-day public hearings to obtain a clear understanding of what is causing or leading to high data prices, along with the current state of competition, in South Africa.... 

Wits Business School Addresses the Energy Sector Skills Shortage

By: Creamer Media Reporter      15th October 2018 The energy landscape in Africa is changing dramatically.  Opportunities abound for investments, partnerships and other initiatives in the sector, particularly in oil and gas and renewable energy. The World Bank's Africa Energy project portfolio currently carries 48 projects totalling US$3... 

AECOM promotes two key leaders in its African operations

By: Creamer Media Reporter      12th October 2018 Integrated infrastructure delivery company AECOM is excited to celebrate the promotion of two key leaders in its African operations. Joe Ndala has been appointed as Managing Director of the South African business.  In addition to Ndala’s current role as the Chief Financial Officer for the Africa... 

Bladon’s new microturbine genset to power up telecoms towers

By: Natasha Odendaal     9th October 2018 UK-based engineering pioneer Bladon Micro Turbine has launched its first commercial product, the Bladon MTG12 – a 12 kW (15 kVA) microturbine generator set (genset) dedicated to powering global telecoms towers. The microturbine genset manufacturer aims to dominate the telecoms tower market where... 

Tech advances poised to shorten prospecting-to-mine-development timelines

By: Tracy Hancock     5th October 2018 The impact of the Fourth Industrial Revolution on the minerals industry has not yet played out, but South Africa's, and the world’s, ability to generate massive amounts of data and integrate and use them will undoubtedly improve, leading to an acceleration in mineral exploration in the future,... 

SA to offer Swahili as a school subject

By: Martin Zhuwakinyu     5th October 2018 Readers of this column who are not news junkies like yours truly may have missed the announcement, made last month: South African schools, both public and private, will be offering Swahili as an optional language from 2020, alongside such foreign languages as French, German and Mandarin, which... 

Every wealth journey is unique: Standard Bank Wealth teams up with famed sculptor to craft ‘barcoded’ clay work that showcases the art of uniqueness


3rd October 2018 As a leading patron of the arts, Standard Bank Wealth and Investment has commissioned African artist Nkosinathi Thomas Ngulube to develop a distinctive clay sculpture that reflects its own philosophy of sculpting award-winning services and solutions that grow, preserve and protect wealth.
  
The... 

Tullow Oil optimistic about prospects in Africa

By: Kim Cloete     2nd October 2018 Oil and gas exploration and production company Tullow Oil has outlined its sharper and deeper focus on Africa, with upbeat outlooks for its projects in both West and East Africa.   Despite a shift to cleaner energy and alternative energy sources, Tullow Oil also believes there will be strong... 

Uganda to join transparency programme as it seeks mining investors

By: Bloomberg     2nd October 2018 Uganda plans to join a program aimed at rooting out corruption in resource industries as the East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.” The Cabinet has already endorsed the plan to join the Extractive Industries Transparency Initiative... 

Tullow Oil abandons first Namibian well, keeps options open

By: Reuters     25th September 2018 Africa-focused Tullow Oil will abandon its first well in Namibia, but data gathered in the project indicated it might strike lucky in another attempt, it said on Monday. "The Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, encountered non-commercial hydrocarbons and the well... 

Uganda to renew MTN Group's telecoms operating licence

By: Reuters     18th September 2018 Uganda will renew the operating licence of the local unit of South African telecom company MTN Group, the state-run Uganda Media Centre said on Tuesday. The renewal comes with "with new stringent terms," the agency tweeted, without providing details. 

Rebels ambush South African peacekeepers in Congo Ebola zone

By: Reuters     5th September 2018 Two South African peacekeepers were wounded in a rebel ambush near the epicentre of an Ebola outbreak in eastern Democratic Republic of Congo, their United Nations (UN) mission said on Tuesday. The attack on Monday on the outskirts of the city of Beni underscored the challenges authorities face... 

MTN Uganda bets on music streaming as voice business slows

By: Reuters     31st August 2018 Telecom firm MTN Uganda is betting on a new music streaming product to boost revenue and counter declining voice call sales, its chief marketing officer said in an interview. The carrier, a unit of Johannesburg-listed MTN Group, is the largest in the East African country where it has a subscriber... 

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,... 

Uganda wants unit of MTN Group to list locally before licence extension

By: Reuters     16th August 2018 Uganda has asked the local unit of South African telecoms giant MTN Group to list some of its shares on the local stock exchange as a condition for renewing its operating licence, a top official told Reuters on Wednesday. Godfrey Mutabazi, head of telecoms sector regulator Uganda Communications... 

Uber rival Taxify bets on motorcycles and rickshaws in East Africa

By: Reuters     10th August 2018 Taxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets, will invest millions of euros in East Africa in the next five years with a strategy focused on motorised rickshaws and motorcycles, it said on Thursday. The company, which already operates in five cities in... 

Industry provider to expand African footprint

By: Tasneem Bulbulia     10th August 2018 With many emerging and developing industries in Africa, as well as greater awareness of environmental issues and concerns, instrumentation manufacturer E Instruments regards the continent as an area of growth for its business. E Instruments product manager Bill Freed tells Engineering News that... 

Rio starts earn-in in Uganda

By: Esmarie Iannucci     9th August 2018 ASX-listed junior Sipa Resources on Thursday reported that its earn-in and joint venture (JV) agreement with the exploration arm of diversified miner Rio Tinto, has now started. The two companies in May struck an agreement that would see Rio earn up to a 75% interest in Sipa’s Kitgum-Pader base... 

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