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Nadine James

Nadine James

Nadine James is a Creamer Media Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

‘Prudent’ consolidation positions Accelerate for future growth – COO

20th June 2018 JSE-listed Accelerate Property Fund on Wednesday posted stable financial results for the year ended March 31, reporting a 57.56c a share distribution, in line with guidance. Since listing on the JSE in December 2013, the company’s portfolio has grown from about R5-billion to R12.3-billion,... 

SMEs invited to apply for grant funding

20th June 2018 A new application round has opened for the R12.8-million Growth Fund to boost small and medium-sized enterprise (SME) growth and job creation. The Growth Fund is a grant fund specifically aimed at growing South African SMEs that need a cash injection to scale up their businesses and create jobs.   

Sephaku warns of lower FY earnings

20th June 2018 Sephaku Holdings on Wednesday advised shareholders that the company earnings for the 2018 financial year, ended March 31, are expected to be between 32% and 40% lower than the R68-million reported for 2017 financial year. Sephaku attributed the decrease in earnings to poor performances from its... 

South African mining-focused EV manufacturer launched

20th June 2018 Battery-driven mining vehicle solution provider Battery Power Industries (BPI) officially launched on Wednesday. The South African original-equipment manufacturer specialises in the development of battery energy systems, electrical traction systems and high-speed charging systems for underground... 

Report alleges miners inadequately disclose information on environmental rehabilitation costs

20th June 2018 Neither the law, nor the accounting standards governing company disclosures, ensure the necessary transparency and accountability about financial provision for environmental rehabilitation, the Centre for Environmental Rights (CER) alleges in its ‘Full Disclosure: The Truth about Mining... 

Emission abatement technology could drive industrialisation – EPCM Global

20th June 2018 South African firm EPCM Global Engineering has partnered with Luxembourg-based Carbon Process & Plant Engineering (CPPE) to bring its emissions abatement technology to Africa, in a move that could spur industrialisation, says EPCM Global CEO Tumi Kgomo. He explains that the technology, which was... 

Resource nationalism on the rise in sub-Saharan Africa

15th June 2018 The seemingly increasing trend towards nationalist thinking, combined with and likely driven by growing economic inequality, has resulted in several changes in mining and tax legislation in sub-Saharan Africa countries. Herbert Smith Freehills Africa Group co-chair and partner Peter Leon says the... 

Averda launches hazardous waste management system

15th June 2018 Healthcare institutions have a legal duty to ensure that their hazardous waste is managed responsibly, and Averda has introduced the Averda TruTrak to demonstrate its commitment to the responsible management of hazardous waste products. Averda South Africa healthcare head Eugene Barnard explains... 

Glencore Coal provides free WiFi to two host communities

14th June 2018 Thermal coal miner Glencore Coal South Africa (SA) has launched a free WiFi initiative, which will allow members of two of the company’s host communities, Phola and Ogies, to access 500 MB/d per person for educational, economic and leisure purposes. The initiative currently comprises six... 

Nissan announces Africa, Middle East and India expansion plans

13th June 2018 Nissan on Wednesday unveiled a major expansion strategy in the Africa, the Middle East and India region as part of the company’s six-year midterm plan. The automotive manufacturer aims to build on its strengths and “solid profit margins” in markets including South Africa, India, the United Arab... 

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