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SKF Zambia kicks off on a high Rugby 7’s note

     20th October 2017 The first weekend of August 2017 saw the community of the Zambian Copperbelt mining town, Mufulira, bristling with excitement as they welcomed the Mufulira Sevens Rugby Tournament. SKF Zambia was delighted to join forces with Mopani Copper Mines in hosting this prestigious Seven-a-Side Rugby... 

Engie targets Africa with home solar acquisition

By: Reuters     20th October 2017 French gas utility Engie has bought a Ugandan home solar systems company to expand in sub-Saharan Africa by providing power to millions of people who have no access to electricity. Engie said on Thursday that it had acquired Fenix International, which sells home solar kits financed through tiny... 

Company expands African footprint to pursue major projects

By: Robyn Wilkinson     20th October 2017 Despite slowing economic growth, political challenges and associated declining investor confidence in many parts of Africa, global project management consultancy Turner & Townsend continues to strengthen its network on the continent as it pursues major projects in mining, oil and gas,... 

China's Jiangxi Copper has plans for M&A in Africa – chairperson

By: Reuters     19th October 2017 State-owned China metals firm Jiangxi Copper plans to make an acquisition in mineral-rich Africa, president and chairperson Long Ziping said, as the country's top integrated copper producer aims to step up overseas expansion. Long, appointed chairperson last month, didn't identify potential... 

Zambia energy regulator hikes fuel price for retail consumers

By: Reuters     17th October 2017 Zambia announced an increase in the retail price of fuel on Tuesday, citing rising international oil prices and depreciation of the kwacha. The pump price of petrol would be increased to 12.97 kwacha per litre from 11.67 kwacha, while that of diesel would rise to 11.09 kwacha per litre from 9.87... 

thyssenkrupp Service Centre capabilities showcased at Copperbelt Mining & Trade Expo 2017, Zambia

     17th October 2017 thyssenkrupp Service Centre exhibited its product portfolio and capabilities to customers at the Copperbelt Mining and Trade Expo and Conference (CBM-TEC) held from 6 to 8 June 2017 in Kitwe, Zambia.  Hosted exclusively within the Copperbelt, CBM-TEC is Zambia’s professional attendance technical... 

Zambian villagers can sue Vedanta in the UK – London's Court of Appeal

By: Reuters     13th October 2017 Nearly 2 000 Zambian villagers can pursue a claim for damages in English courts for environmental pollution after London's Court of Appeal on Friday rejected an appeal by diversified miner Vedanta. Vedanta Resources and its Zambian subsidiary Konkola Copper Mines had appealed against a ruling in... 

Powertech Switchgear land a big deal with Eskom

     13th October 2017 The tender for Eskom’s distribution and transmission MV AIS switchgear was issued in 2015 and Powertech Switchgear seized the opportunity to submit on tender obligation. The tender was awarded in March 2017 and Powertech Switchgear managed to gain five years of supply. Eskom requirement is to... 

BMG launches R400m World site facility in Gauteng 

     12th October 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg last month. Mia Breytenbach tells us more. 

South Africa vulnerable to any sharp rise in global rates, World Bank warns

By: Terence Creamer     11th October 2017 A quicker and sharper-than-expected normalisation in interest rates in the US could trigger a reversal in capital flows to South Africa, the World Bank’s latest ‘Africa’s Pulse’ warns, adding that any sharp increase in global interest rates could also complicate debt dynamics for sub-Saharan... 

Gamsberg zinc prestrip close to halfway mark – Vedanta

By: Martin Creamer     10th October 2017 The prestripping of waste rock at the Gamsberg zinc mine project in the Northern Cape is close to the halfway mark, Vedanta Resources reported on Tuesday, when its interim CEO Kuldip Kaura described as “strong” the quarterly production performances of the London-listed, India-rooted mining... 

Congo halts Sicomines' copper exports, orders local refining

By: Bloomberg     9th October 2017 The Democratic Republic of Congo ordered Sinohydro Corp. and China Railway Construction Corp.’s local mining venture to stop exporting unprocessed copper and cobalt and refine all its metals within the country. Sicomines must ship “only high-value products” as the government looks to “ensure the... 

MTN appoints new Seagha region VP

By: Anine Kilian     6th October 2017 MTN has appointed Ebenezer Asante VP of its expanded Southern, East Africa and Ghana (Seagha) region. The new Seagha region will comprise the mobile operations in Ghana, Uganda, Rwanda, Zambia, South Sudan, Botswana and Swaziland, as well as the MTN Internet service providers in Kenya, Namibia... 

Pallinghurst’s latest auction rakes in $21.5-million

By: Anine Kilian     6th October 2017 An auction of higher-quality rough emeralds held by JSE-listed Pallinghurst subsidiary, Gemfields, has generated revenues of $21.5-million. The auction saw 36 companies placing bids with a strong overall average value of $66.21/ct, the second-highest per carat price achieved by Gemfields’... 

Innovative system helps control wastewater pumping

     6th October 2017 Pumps and valves producer KSB Pumps and Valves has introduced the PumpDrive variable speed system, for the effective and controlled pumping of waste water. The system has been designed specifically to overcome problems related to the pumping of waste water. Three innovative functions have been... 

Pumps investment solidifies Mozambique sugar industry

By: Nica Schreuder     6th October 2017 South African pumps manufacturer and supplier Brehnor Pumps has commissioned two Ornel Floodlifter 1 200-mm-diameter pumps on the Xinavane sugar estate, in Mozambique, owned by agricultural and agroprocessing business company Tongaat Hulett. 

AB InBev completes $3.15bn Coca-Cola Beverages Africa transition

By: African News Agency      5th October 2017 The world’s largest brewer, Anheuser-Busch InBev (AB InBev) on Thursday announced that it has completed the transition of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion after customary adjustments. This comes after AB InBev last year acquired SABMiller for... 

Powerstar to expand into smaller trucks through Foton partnership

By: Irma Venter     4th October 2017 Powerstar sold around 420 trucks in South Africa last year, with the Chinese brand aiming for 500 units this year, says Everstar Industries CEO Bob Wang. The growth will come from the brand expanding its product portfolio from the extra-heavy and heavy commercial vehicle (EHCV, HCV) segments to... 

Location Analysis Essential For Effective Supply Chain Development

     4th October 2017 “Supply chains compete, not products, commodities or companies. All nodes and links in a supply chain should be engaged and integrated to be able to provide seamless and transparent logistics services from origin to destination,” said Gerard de Villiers recently at the Australian Rail... 

Zambia awards Austrian firm Kapsch contract to improve road safety

By: Reuters     3rd October 2017 Zambia has awarded Austria's Kapsch TrafficCom a joint venture contract to design, install and operate a road traffic surveillance system to curb accidents, the company said on Monday. The number of vehicles on Zambia's roads almost tripled to 700 000 in the ten years to 2016, increasing road... 

Chile confident that stable legislation, strong institutions promote its mining sector

By: Natasha Odendaal     2nd October 2017 As various headwinds continue to challenge mining industries worldwide, a Chilean delegation visiting South Africa on Monday spoke of stable legal frameworks and solid institutions as being critical factors in the success of its mining sector. As part of a Chilean delegation visiting three... 

Zambia to start building two new power plants in 2018 – finance minister

By: Reuters     29th September 2017 Zambia plans to start building two power generation plants that will add 550 MW of electricity to its national grid once completed, Finance Minister Felix Mutati said on Friday. Mutati said in a budget speech one investor planned to build a 300 MW thermal power station in southern Zambia and... 

Offshore capital equipment markets come in handy amid ‘turmoil’ in domestic mining sector

By: Dylan Slater     29th September 2017 South African capital equipment manufacturers that are supplying offshore markets, and have survived the ongoing turmoil in the mining industry and the domestic economic environment, have showed resilience and bear testament to the lifeline provided by exporting products and not relying solely on... 

BMG invests R400m in Joburg distribution centre 

By: Mia Breytenbach     29th September 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago. “The company’s R400-million investment to upgrade... 

Integration of Gemfields realising cost benefits – Pallinghurst

By: Martin Creamer     26th September 2017 The integration of Gemfields is beginning to realise cost benefits, Pallinghurst reported on Tuesday when it reiterated its transformation into a long-life operating mining company from being a former closed-end investment vehicle. In presenting half-year results of the company on Tuesday,... 

VW moves to secure cobalt supplies in shift to electric cars

By: Reuters     26th September 2017 Germany's Volkswagen is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars. Cobalt industry sources told Reuters that VW, the world's largest automaker, has asked producers to submit proposals... 

Kariba dam rehabilitation project, Zambia

By: Sheila Barradas     22nd September 2017 Zambezi River Authority is rehabilitating the Kariba dam to ensure its longevity. 

A resolute commitment to SHEQ keeps fuels and chemical deliveries in the safe lane

     19th September 2017 Renewed and expanded contracts in the fuel and chemicals sector Despite an extremely challenging economic climate, many South African companies are taking a longer-term outlook to business by only partnering reputable providers of specialist supply chain and transport logistics services. 

BMG launches R400m World site facility in Gauteng 

By: Mia Breytenbach     15th September 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago. “The company’s R400-million investment to upgrade... 

Durban to host dozens in Africa’s rail sector

     15th September 2017 Durban, South Africa will soon be host to the largest gathering of African transport professionals – both in rail and in maritime. The second annual African Rail Evolution forum, co-located with the 6th annual African Ports Evolution forum and Kwazulu-Natal Export Week will take place 17-18... 

Metso showcases ongoing commitment to servicing South African mining sector 

By: Ilan Solomons     13th September 2017 This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a crucial role" not only in the South African, but also the African mining industry. 

Master Drilling posts resilient interim results, continues technological innovation focus

By: Mia Breytenbach     12th September 2017 Two additional machines and the impact of favourable foreign-exchange movements have contributed to a 12.5% increase in JSE-listed drilling services provider Master Drilling’s revenue to $60.5-million for the six months ended June 30. The group added two raise-bore machines during the period... 

Ortac strengthens strategic focus on high potential African exploration

By: Natasha Odendaal     11th September 2017 Aim-listed Ortac Resources has set its focus exclusively on its high-potential African exploration mining assets after a board revamp set a strategy review in motion. The exploration and mine development company aims to fast-track its core gold and copper assets in the Democratic Republic of... 

Afrox sees 22% increase in headline earnings  

By: Anine Kilian     8th September 2017 JSE-listed African Oxygen (Afrox) has reported a 22% rise in headline earnings a share to 93.3c, though this was at the lower end of the company’s recent guidance for the half-year ended June 30. Delivering the company’s financial results presentation in Johannesburg on Friday, CEO Schalk Venter... 

South Africa’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 The Department of Trade and Industry’s (DTI’s) Integrated National Export Strategy (INES) aims to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy was... 

SA’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 South Africa's Department of Trade and Industry's (DTI's) Integrated National Export Strategy (INES) to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy... 

SKA Africa partner countries to collaborate on radio astronomy

By: Mia Breytenbach     8th September 2017 Following the conclusion of the fourth Ministerial meeting of the Square Kilometre Array (SKA) Africa partner countries in Accra, Ghana, last month, members of the nine countries, represented by their science and technology Ministers and Deputy Ministers, signed a memorandum of understanding to... 

Volvo Car SA expecting big change in EV perceptions in coming years

By: Irma Venter     8th September 2017 Volvo Car South Africa (VCSA) MD Greg Maruszewski is confident the local arm of the Swedish group will be able to thrive under its parent company’s new powertrain policy. Volvo announced last month that all new cars launched globally from 2019 onwards will be partially or completely... 

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