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Drones Now Regulated Heat-Seeking Troubleshooters

     26th August 2016 New rules regulating the use of remotely-piloted aircraft systems, colloquially known as drones, are now firmly in effect after having been signed by the Minister of Transport. "The regulations governing the use of drones in South Africa are welcome because they bring clarity," says Philip... 

Hygiene products manufacturer adds new product line at upgraded plant

By: David Oliveira     26th August 2016 Hygiene products manufacturer Reckitt Benckiser (RB) South Africa opened its upgraded Dettol antiseptic liquid (ASL) plant in Elandsfontein, Johannesburg, earlier this month, and launched a new line of Dettol bar soap. Gauteng Department of Economic, Environment, Agriculture and Rural Development... 

Bayer opens first SeedGrowth Centre in Africa

     25th August 2016 The SeedGrowth Centre has the potential to help farmers in the region to not only secure, but significantly increase their yields in key crops   Bayer South Africa has opened its first multi-million rand SeedGrowth Centre, the first of its kind for the company in Africa, at its Production... 

Glencore, Anglo rally loses steam as miners deliver on debt cuts

By: Bloomberg     23rd August 2016 Rescue plans unveiled by embattled mining companies Glencore Plc and Anglo American Plc in the past year have won over investors. Yet a rally in the stocks is stalling this month. Glencore is barely changed in August and Anglo is up less than 4% after they more than doubled in the year through... 

Rally in mining’s super commodity strained by race to fuel Tesla

By: Bloomberg     19th August 2016 Even the mining industry’s super commodity of the future may be unable to avoid the Achilles heel of all mineral producers – a recurring habit of busting a boom with too much supply. As miners of everything from copper to iron ore wrestled with losses driven by global surpluses, prices soared for... 

$1bn Nigeria power plan delayed on scarce gas

By: Bloomberg     19th August 2016 Transnational Corporation (Transcorp) of Nigeria has suspended plans to build one of the nation’s biggest power plants as a local gas shortage makes it difficult to obtain fuel and a downturn in Africa’s largest economy hinders efforts to raise funds for the project. The company in 2014 said it... 

Carbon offset regulations could have major financial implications for businesses

By: Dylan Slater     19th August 2016 Draft regulations on carbon offsets, which were published for comment by the National Treasury on June 20, under the Carbon Tax Bill, are due to come into effect in early 2017 and could have significant financial implications for businesses in South Africa, according to legal services firm Cliffe... 

Bridge City development advances

By: Creamer Media Reporter      16th August 2016 The end vision of agriculture and agroprocessing group Tongaat Hulett and the eThekwini municipality’s Bridge City mixed-use development, a joint venture public–private partnership north of Durban, is coming together, with the development of the town centre accelerating. Only a third, or 91 000... 

South Ocean expects marginal growth for H2

By: Anine Kilian     15th August 2016 While JSE-listed electronic equipment supplier South Ocean expects continued revenue growth into the second half of the year, margins will remain under pressure. The group reported on Monday that prospects for the South African economy's growth rate for the next year were lacklustre, owing to a... 

Weak rand, drought send South African food prices higher

By: Anine Kilian     12th August 2016 The drought and rapid depreciation of the rand have led to a rise in food prices, hitting the poorest South Africans hard, Western Cape Economic Opportunities Minister Alan Winde said on Friday.   Delivering the opening address at the launch of the latest yearly baseline produced by the Bureau... 

Fuel efficient equipment launched

By: Sascha Solomons     12th August 2016 Following the launch of its fuel efficient robust Hyundai Robex R180LC-9S excavator in South Africa earlier this year, earthmoving equipment distributor and manufacturer High Power Equipment Africa (HPE Africa) plans to market the product, owing to its fuel efficiency in the local environment.... 

Ailing Zambia economy could hurt President Lungu in election

By: Reuters     9th August 2016 Informal currency trader Jabulani Lungu thinks Zambia's ruling Patriotic Front has had its chance, and he hopes this week's general elections will bring in a new party to steer the economy out of a slump. Like many other Zambians, Lungu, who is not related to President Edgar Lungu, is worried... 

Philippine 'shock and awe' mine crackdown rattles nickel markets

By: Reuters     8th August 2016 As the Philippines' tough-talking new President ratchets up a campaign against irresponsible mining, the suspension of a quarter of the country's nickel mines and the risk of more action to come is spooking global nickel markets. The Southeast Asian nation is China's biggest supplier of nickel... 

Mega industrial park signals Ethiopia’s manufacturing intent

By: John Muchira     5th August 2016 Ethiopia has commissioned the largest industrial park in Africa, signalling its intention to become one of Africa’s manufacturing hubs. The Horn of Africa nation, which is among the fastest-growing economies in the world, recently unveiled the Hawassa industrial park, which is core to its efforts... 

Algae-free irrigation systems to save money for farmers

By: Simon Sonnekus     5th August 2016 The Council for Scientific and Industrial Research (CSIR) has estimated the rand value of the impact of algae pollution in the Berg river, near Stellenbosch, in the Western Cape. The calculation enables farmers to compare different ways of managing the problem in the area. A ‘Water SA’ report... 

Correct sealing products imperative

     5th August 2016 The selection of the correct industrial sealing product in modern engineering is a critical consideration, both in the design of new equipment and in the choice of products to replace those that are no longer suitable, says industrial static sealing products manufacturer and supplier BMG gaskets... 

Mega industrial park signals Ethiopia’s manufacturing intent

By: John Muchira     5th August 2016 Ethiopia has commissioned the largest industrial park in Africa, signalling its intention to become one of Africa's manufacturing hubs. The Horn of Africa nation, which is among the fastest-growing economies in the world, recently unveiled the Hawassa industrial park, which is core to its efforts... 

Partnership expands range for sector

By: Simon Sonnekus     5th August 2016 South Africa-based fertiliser company Advanced Agri has expanded its fertiliser range by introducing two specialised products for various farming disciplines.  According to Advanced Agri director Frank Winder, the EcoCal range for crop farmers and Graze range for livestock farmers are... 

SA farmers hope for enough rain after winter

By: Simon Sonnekus     5th August 2016 The next five months and the following planting season will be critical for farmers who have been affected by the devastating drought which crippled the agriculture sector recently. According to agricultural organisation AgriSA CEO Omri van Zyl, farmers need to see out the winter and hope for... 

Select PPE

     5th August 2016 Established in 1998, Select PPE is a distributor of application-specific personal protective equipment for customers operating in the mining, manufacturing, agriculture, construction, petroleum, hospitality, medical, corporate and security sectors throughout Africa. Select PPE formulated a ‘PPE... 

Kenya exhibition places focus on renewable energy

By: Megan van Wyngaardt     2nd August 2016 With investment in the offgrid solar sector reaching $276-million last year – a 15-fold increase over 2012 – the third International Off-grid Renewable Energy Conference and Exhibition (Iorec), which will be held in Nairobi, Kenya, from September 30 to October 1, will aim to further improve... 

Water wise: agriculture gets innovative amid crippling drought

     2nd August 2016 WITH eight of South Africa’s nine provinces declared drought disaster areas, the agricultural sector and other water-intensive industries are incorporating clever water conservation solutions to preserve this increasingly scarce commodity. Among these solutions are the lining of dams and... 

Land Bank division unveils South Africa’s first black crop insurance brokers

By: Samantha Herbst     1st August 2016 The Land Bank Insurance Company (LBIC), a division of the Land Bank, which provides financial services to the commercial farming and agribusiness sector, has unveiled the first batch of fully accredited black crop insurance brokers in the country. A programme with the intention of training ten... 

Impact fund launched to invest in early stage businesses

     1st August 2016 Seed Engine, the WDB Investment Holdings and Grovest have developed a creative response to the dearth of funding for early and growth stage businesses. The WDB Seed Fund will fill this critical gap and offer significant tax advantages and Broad-Based Black Economic Empowerment points for... 

Cim Global Business opens office in Johannesburg

By: Megan van Wyngaardt     29th July 2016 Mauritius’s largest fund administrator Cim Global Business, which provides corporate and trust structuring and administration services, has opened a representative office at Nelson Mandela Square, in Sandton. The company, which currently employs about 250 people at its Mauritius office and ten... 

Latest jobs data calls for bold economic leadership, removal of legislative impediments and jobs summit

     29th July 2016 Today's release of unemployment data by the Labour Force Survey for the second quarter of 2016 simply underlines the grave economic challenges South Africa is facing. According to Statistics SA (Statsa) employment declined by 0.8 %, which increases the pool of unemployed citizens to 15.5 million.... 

Southern Africa in urgent need of food production assistance

By: African News Agency      29th July 2016 Some 23-million people in southern Africa are in need of urgent support to be able to produce enough food to feed themselves and avoid being dependent on humanitarian assistance until mid-2018, the United Nations agricultural agency has warned. According to the Food and Agricultural Organisation... 

Potash supplier group will only sign China contracts for 2016

By: Bloomberg     29th July 2016 Canpotex, the Canadian joint venture that represents potash export sales from Potash Corp, Mosaic and Agrium, will only sign contracts to supply China and India with the crop nutrient for the remainder of 2016 as it expects prices to rise next year. Canpotex is taking a cautious approach, Potash... 

ECIC plays a pivotal role in Sub-Saharan Africa with 15 years of Project Export Excellence

     29th July 2016 The creation of ECIC began 15 years ago, in July 2001, when the Export Credit Insurance Corporation of South Africa LTD (ECIC), was given a mandate of filling a market gap through provision of medium to long term export credit and investment guarantees by underwriting bank loans for political and... 

Monsanto to extend confined field trial permits

By: Tracy Hancock     29th July 2016 Agriculture company Monsanto has applied to extend the confined field trial (CFT) permits of three genetically improved maize products involved in CFTs in four provinces across South Africa. A decision expected prior to the start of the country’s planting season, which takes place around October. 

Unemployment rate remains virtually unchanged at 26.6% in Q2 – Stats SA

By: Anine Kilian     28th July 2016 South Africa’s unemployment rate fell by 0.1 of a percentage point to 26.6% in the second quarter, Statistics South Africa’s (Stats SA’s) latest Quarterly Labour Force Survey (QLFS) shows. In total, 129 000 jobs were lost quarter-on-quarter, with both the formal and informal nonagricultural... 

South Africa ranks moderately on food security index

By: Megan van Wyngaardt     27th July 2016 South Africa is ranked at 47 out of the 113 countries in this year’s Global Food Security Index (GFSI), reflecting a one-position decline from 2015, but an overall 0.6 point score increase. The country ranked first among its sub-Saharan African peers and landed in the top ten of... 

Stanbic receives Côte d’Ivoire banking licence

By: Anine Kilian     25th July 2016 Standard Bank, trading as Stanbic Bank, has been awarded a banking licence in Côte d’Ivoire.  The group opened a representative office in the country in December 2013, signaling a drive towards establishing a presence in Francophone West Africa. 

Drone technology investment a ‘shot in the arm’ for resources sector

By: Mariaan Webb     25th July 2016 The Queensland government's A$1-million investment in drone technology has been hailed as a “shot in the arm” for the resources sector at large. Queensland Resources Council CEO Michael Roche on Monday described the funding announcement as a “welcome boost” to the adoption of remotely piloted... 

Gold Fields appoints two more directors

By: Megan van Wyngaardt     22nd July 2016 Gold Fields has appointed Alhassan Andani and Peter Bacchus as independent nonexecutive directors, effective August 1 and September 1, respectively. Gold Fields earlier this month announced that former KPMG Africa chairperson Yunus Suleman would join the board in September, while outgoing Impala... 

Cele warns of further food price hikes as drought continues

By: News24Wire      22nd July 2016 Ongoing drought in South Africa has disrupted food production and threatens to push food prices up, agriculture deputy minister Bheki Cele said on Thursday. He said recent rain has not helped improve water levels in the country’s dams and as a result farmers were unable to produce enough food to... 

South Africa’s first locomotives

By: Jade Davenport     22nd July 2016 The South Africa of the late 1850s was an economic and industrial backwater with limited growth prospects, especially when compared with other colonial outposts. Diamonds and gold, which were to drive the country’s industrial revolution, were still a long way from being discovered and, thus, the... 

Where does Brexit leave the SADC-EU EPA?

By: Riaan de Lange     22nd July 2016 James Harold Wilson, Baron Wilson of Rievaulx, KG, OBE, FRS, PC, or simply Harold Wilson was Prime Minister of the UK from 1964 to 1970 and  from 1974 to 1976. He is also famed for having said that “a week is a long time in politics”. Granted, it had been longer than a week – 17 days, to be... 

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