More black entrepreneurs needed – Makhura

Sector strategies to break the monopoly structured economy were being developed for Gauteng, said Premier David Makhura in Sandton last week. 

Northam posts R1.03bn loss

JSE-listed Northam Platinum has posted a R1.03-billion loss for the 2015 financial year, in line with expectations as set out in a trading statement earlier this week. 

Load-shedding the biggest risk to SMEs, survey finds

At least 71% of small and medium-sized enterprises (SMEs) consider load-shedding the biggest external threat to their businesses this year. 

Ascendis makes international foray with Spanish acquisition

Health and care brands group Ascendis Health last week announced its first international acquisition – an initial 49% stake in Spanish pharmaceutical group Farmalider for R210-million. 

Eastern Cape wind farm on track for 2016 operation

Cleaner energy company Cennergi’s Amakhala Emoyeni Wind Farm, in the Eastern Cape, is set for commercial operation in June 2016, with the first shipment of wind turbines having arrived in May at... 

Turbine foundations being laid at N Cape wind project

The construction of the first 14 wind turbine foundations for the Noupoort Wind Farm in the Umsobomvu local municipality, in the Northern Cape, was completed last month, with the remaining 21... 

Baking third-scarcest job in South Africa

Deputy President Cyril Ramaphosa chaired a Human Resources Development Council (HRDC) meeting at the Pick n Pay regional offices in Johannesburg earlier this month, where it was revealed that baker... 

Northam posts R1.03bn FY loss

JSE-listed Northam Platinum has posted a R1.03-billion loss for the 2015 financial year, in line with expectations as set out in a trading statement earlier this week. 

Emira achieves 9% distribution growth in FY 2015

JSE-listed Emira Property Fund on Wednesday reported distributions per participatory interest (PI) of 134.27c – a distribution growth of 9% – for the 12 months to June 30. Emira’s net asset value... 

Makhura advocates for more black entrepreneurs in the economy

Sector strategies to break the monopoly structured economy were being developed for Gauteng, said Premier David Makhura in Sandton on Monday. 

Retrenchment crisis already affecting 45 000 jobs in S Africa – union

Analysis has shown that at least 45 000 jobs across 58 companies are already affected by staff reduction processes this year, trade union Solidarity said at a media conference, in Centurion, on... 

Joburg chosen to host 2017 Global Entrepreneurship Congress

Johannesburg has been chosen to host the Global Entrepreneurship Congress (GEC) in March 2017 – a first for Africa – that will bring together entrepreneurs, investors, researchers and policymakers... 

Eastern Cape ‘sky economy’ will support NDP, Ipap visions

The Coega Development Corporation (CDC) says its project to develop a proposed sky economy – a R3.67-billion cargo airport and aerospace and advanced manufacturing industrial cluster at the Coega... 

Baker third scarcest job in S Africa

Deputy President Cyril Ramaphosa last week chaired a Human Resources Development Council (HRDC) meeting at the Pick n Pay regional offices in Johannesburg, where it was revealed that baker was the... 

Consulting engineering industry achievements to be recognised

Top honours will be awarded to member companies of Consulting Engineers South Africa (Cesa) next week, in Midrand, at the Cesa Aon Engineering Excellence Awards, which will showcase the quality,... 

Four-million low- to middle-income housing units needed

Owing to an economic boom witnessed in most African countries, an opportunity for young engineers to venture into engineering management has transpired, stated Australia-based professional services... 

Unified construction measurement standards to be published next year

The International Construction Measurement Standards (ICMS) coalition was launched at the International Monetary Fund headquarters in Washington DC, in the US, last month, following the gathering... 

V&A Waterfront begins R20m solar project

In an effort to reduce its demand on the energy grid in the Western Cape, the V&A Waterfront has begun a R20-million solar project that will include the installation of 7 000 m2 of solar panels on... 

Vacations drew tourists in 2014 but foreign arrivals down

Vacationing was the main reason for tourists to visit South Africa in 2014, with a significant majority of 95.7% of tourists on holiday, while business travel and students made up less than 4% of... 

SouthGobi CFO resigns, successor to be announced

Mongolia-focused coal miner SouthGobi Resources CFO Bertrand Troiano has resigned following a two-year secondment from mining giant Rio Tinto, which ended on July  

Former Centerra Gold president, CEO detained in Bulgaria

Bulgarian authorities have detained former Centerra Gold president and CEO Leonard Homeniuk, apparently at the request of Kyrgyz Republic authorities. 

First Nickel resumes operations at Lockerby after explosion

Mining and exploration company First Nickel resumed normal operations on Monday, following an underground explosion at its Lockerby mine, south-west of Sudbury, in Ontario, on Sunday morning.  

Sanral embarks on R2.2bn worth of projects in the Eastern Cape

State-owned South African National Roads Agency Limited (Sanral) is undertaking 32 projects, totalling R2.2-billion, in the Eastern Cape, this year. 

Ascendis makes first international acquisition with buy-out of Spanish group

Health and care brands group Ascendis Health on Monday announced its first international acquisition – an initial 49% stake in Spanish pharmaceutical group Farmalider for R210-million. 

Joburg places digital innovation roll-out at heart of smart-city strategy

As part of its commitment to a smart city, the City of Johannesburg is digitally empowering citizens to ensure that they are fluent in the uses and possibilities of the digital space. 

UK Bloodhound sponsorship launched ahead of car’s SA arrival

The global launch of the British sponsorship of the Bloodhound Supersonic Car (SSC) took place in Centurion earlier this month ahead of the cars arrival in South Africa, in 2016, for its attempt to... 

Load-shedding the biggest risk to SMEs – survey

At least 71% of small and medium-sized enterprises (SMEs) consider load-shedding the biggest external threat to their businesses this year. 

Busa to mark Women’s Month with business programmes for corporate women

Business Unity South Africa (Busa) will, in August, host the Women in Business Master Class Series and the Women on Board Training, to commemorate Women’s Month and promote and embrace... 

Joburg chosen to host international entrepreneurship congress in 2017

Johannesburg has been chosen to host the Global Entrepreneurship Congress (GEC) in March 2017 – a first for Africa – that will bring together entrepreneurs, investors, researchers and policymakers... 

Spaza shop discount App wins inaugural Hack.Jozi challenge

The three winners of the inaugural R5-million Hack.Jozi Challenge were announced earlier this month at a formal awards ceremony in Johannesburg, following five months of competition among the 140... 

Lydian says further project upgrades possible at Amulsar

Gold mining and mineral exploration company Lydian International on Thursday said there was potential for further project upgrades through a value-engineering programme at its 100% owned Amulsar... 

Brio says output on track to meet 2015 guidance, new discovery at Fazenda Brasileiro

Brio Gold, a subsidiary of Yamana Gold, announced on Thursday that its mines were on track to meet its 2015 guidance of 130 000 oz of gold at an average cash cost of $730/oz of gold. 

$2m drilling programme starts at Alaska Peninsula copper-gold project

A drilling programme had started at the Alaska Peninsula copper-gold project, in south-west Alaska, explorer Millrock Resources reported on Thursday.  

UK sponsorship of Bloodhound launched ahead of its arrival in S Africa

The global launch of the British sponsorship of the Bloodhound Supersonic Car (SSC) took place in Centurion on Thursday ahead of the car’s arrival in South Africa, in 2016, for its attempt to break... 

Warnings of lost opportunities amid delay in finalising new solar-geyser rebate

Government’s ambitious national solar water heating (SWH) rebate programme, which was suspended in February until further notice, has left investors and businesses in limbo. The programme was... 

Warnings of lost opportunities amid delay in finalising new solar-geyser rebate

Government’s ambitious national solar water heating (SWH) rebate programme, which was suspended in February until further notice, has left investors and businesses in limbo.  

National minimum wage could lead to higher unemployment, warns Neasa

Government’s proposal for a national minimum wage creates a challenge because if the wage threshold is set too high, it will result in job losses but, if set too low, it becomes meaningless, says... 

Metals, engineering sector challenges will affect employment – Seifsa

Stagnant demand and high production costs are likely to result in declining employment in the metals and engineering sector.  

Company punts patented tank solution as water-crisis safeguard

Water conservation company Waterbank Africa hopes to engage government in the high-volume roll-out of its patented, pressurised water tank – the Waterbank– to help ease the burden of water loss.  

Harvard academic outlines the importance of cities in spurring innovation

The success of any city depends on the ability of its citizens to share ideas and influence each other, says Harvard University economics professor Edward Glaeser.