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Despite El Niño, Omnia maintains agri sales volumes, chemicals division excels

By: Mia Breytenbach     28th June 2016 Despite the effects of the El-Niño weather phenomenon and the resulting drought this past year, JSE-listed Omnia’s Agriculture division maintained sales volumes, with revenue growing 13% to R8.22-billion. This was despite a 4% decrease in total volumes, said group CEO Rod Humphris on Tuesday,... 

Despite volume slump, Omnia sees growth opportunities in mining sector

By: Mia Breytenbach     28th June 2016 JOHANNESBURG (miningweekly.com) – Despite the downturn in global mining revenues and volumes, JSE-listed Omnia’s Mining division has been “remarkably resilient” and continues “to forge ahead in maintaining its position as a leading player” in the opencast mining industry on the African continent,... 

The biggest laser of its kind in the Southern Hemisphere is set to help an Australian surface engineering company double production.

     28th June 2016 LaserBond has been using thermal coating techniques to produce hard-wearing components and products for the mining, power generation, manufacturing and agriculture industries since 1992. But a downturn in the mining industry is helping to fuel demand for its products as companies look to maximise... 

Substantive mineral law issues still far from resolved – Herbert Smith Freehills 

By: Martin Creamer     27th June 2016 The content and the implications of the Minerals and Petroleum Resources Development Act (MPRDA) Amendment Bill are extraordinarily complicated. Three issues, which embody the most significant negative implications for the mining industry and South Africa, have been delaying the finalisation of... 

Key trends shaping the wine industry in South Africa

     27th June 2016 Amid concerns around the productivity of wine farms due to economic challenges and unpredictable weather patterns, the sector expects reasonable harvest this year. Dawie Maree, Head of Information and Marketing at FNB Business Agriculture, says overall production for the year has not been... 

LVIT Technology™ is Making Position Measuring Simple and Cost Effective

     27th June 2016 Alliance Sensors Group a div of H.G. Schaevitz LLC linear position product-line of LVITs (Linear Variable Inductive Transducer) is a  true disruption in the industrial position sensor industry by merging the benefits of contactless inductive sensing and low cost of contact based technologies.... 

From beer to drugs to cars: Global business laments EU vote

By: Reuters     24th June 2016 Chief executives from Tokyo to Denver woke up on Friday to currency turmoil, plunging share prices and tough decisions after Britain's vote to leave the European Union raised widespread fears over economic growth. In Britain itself, businesses including aerospace, pharmaceuticals and... 

Study determines impact of algae on irrigation costs

By: Anine Kilian     23rd June 2016 The Council for Scientific and Industrial Research (CSIR) has estimated that commercial farmers in the Dwars River area of the Western Cape spend R600 000 a year ridding their irrigation systems of filamentous algae.   The CSIR was in the process of formulating a tradable permit system as a tool... 

First of its kind CSIR study puts a price tag to the impacts of algae on irrigation costs

     23rd June 2016 The Council for Scientific and Industrial Research has estimated that commercial farmers in the Dwars River area of the Western Cape spend approximately R600 000 per year ridding their irrigation systems of filamentous algae. The CSIR has taken the first step in formulating a tradable permit... 

Enno Straten Is New Head of Commercial Specialty Tires at Continental

     23rd June 2016 Enno Straten takes over as Managing Director of Continental’s business unit Commercial Specialty Tires (CST). He succeeds Dr. Michael Märtens who left the company last year to concentrate on other projects outside the industry. Straten, who has worked at Continental for 17 years, will report... 

Poland signs poultry deal with SA

By: African News Agency      23rd June 2016 The Polish government has negotiated a health certificate with the South African government, paving the way for the eastern European country to export poultry to South Africa. Poland’s deputy main animal health inspector Krzysztof Jażdżewski concluded the deal with his South African counterparts... 

Dubai’s DMCC and China’s Zhongwei Sign MoU to Boost Trade along the ‘One Belt One Road’

     23rd June 2016 DMCC, the Government authority on trade, enterprise and commodities in Dubai, today announced the signing of a Memorandum of Understanding (MoU) with Zhongwei Ningxia Municipal People’s Government in China.   The purpose of the memorandum is to explore new collaboration, directives and... 

Lesson learned from American nut farmers

     22nd June 2016 The Valley Macadamias Group recently embarked on a fact finding mission to nut farms in California to search for methodologies that could improve the profitability and sustainability of macadamia nut farms in South Africa. The Californian agriculture sector is world renowned for their almond,... 

Poland boosts links with South Africa ‘one of our most important trade partners’

     22nd June 2016 Deputy Minister of Agriculture leads delegation to food and drink expo in Johannesburg at start week of negotiations with South Africa’s agriculture leaders South Africa is one of Poland’s key trade partners with the agricultural sector alone worth more more than US$110m… and there’s more to... 

South African rate hike unlikely next month as inflation slows

By: Reuters     22nd June 2016 South Africa's headline consumer inflation unexpectedly slowed in May, adding to recent data that could prompt the central bank to keep interest rates on hold at its policy meeting next month. The Reserve Bank has raised the key repo rate by a cumulative 75 basis points so far this year,... 

Spat over saltwater levels in SA chicken 

By: News24Wire      22nd June 2016 The Association of Meat Importers and Exporters of SA (Amie) said on Tuesday it does not agree with the SA Poultry Association (Sapa) that new regulations limiting the practice of injecting chicken with saltwater (brining) would render chicken unaffordable to the poor and hurt the local industry.... 

EU trade agreement to boost Western Cape wine exports

By: Anine Kilian     21st June 2016 Western Cape Economic Opportunities Minister Alan Winde has welcomed the signing of an Economic Partnership Agreement (EPA) between the European Union (EU) and six Southern African Development Community countries, which would double the Tariff Rate Quota (TRQ) of South African wine to be imported... 

South Africa makes most use of Agoa, but still only a fraction of the tariffs

By: Natasha Odendaal     21st June 2016 While South Africa has seemingly made the most use of the duty-free trade benefits with the US under the African Growth and Opportunity Act (Agoa) since inception, the nonreciprocal deal was, for the most part, heavily underused across the continent. While the 15-year-old Act had surged into the... 

Presidency reports on progress with 9-point plan

By: News24Wire      21st June 2016 The South African Government is making steady progress in the implementation of its Nine Point Plan to reignite growth and create jobs, the Presidency said on Monday. The plan, which forms part of of the implementation of the National Development Plan (NDP), was announced by President Jacob Zuma... 

South Africa should ensure small business participation through JVs, FDI investments – Zulu 

By: Mia Breytenbach     20th June 2016 South Africa has to find ways of ensuring that small businesses participate actively in the global market, not just through export facilitation, trade exhibitions and market access opportunities obtained through preferential market opportunities, but also through joint ventures (JVs), foreign... 

New dawn for entrepreneurs in KZN’s Cornubia, Blackburn communities

     20th June 2016 Entrepreneurs in Cornubia and Blackburn communities may get assistance to grow their businesses to the next level, thanks to Tongaat Hulett Developments, the property arm of agricultural and agri-processing group Tongaat Hulett’s investment in a new business incubator serving the area.   This is... 

South Africa seeks comment on draft carbon-offset rules

By: Terence Creamer     20th June 2016 Draft carbon offset regulations have been released by the National Treasury for public comment, with a submission deadline of July 29. Under the proposed rules, firms can reduce their carbon tax liability by between 5% and 10% of their total greenhouse gas (GHG) emissions, by investing in... 

Meeting of the presidential labour working group convened

By: News24Wire      20th June 2016 The presidential labour working group is meeting this week to discuss the economy and other related matters, the Presidency said on Sunday. The group comprises the president, deputy president, economic cluster ministers and the leadership of trade union organisations Cosatu, Fedusa and Nactu. 

Davies outlines agricultural benefits from new EU trade deal

By: Terence Creamer     17th June 2016 South Africa is “satisfied” that the recently signed Economic Partnership Agreement with the European Union (EU) will lead to improved market access for some additional South African agricultural products, Trade and Industry Minister Dr Rob Davies said at the weekend, reporting that Cabinet had,... 

Exports seen as key to improving prospects for SA capital equipment manufacturers

By: Dylan Slater     17th June 2016 The South African Capital Equipment Export Council (Saceec) says domestic manufacturers of capital equipment stand a better chance of being sustainable in the country’s struggling economy by opening up export channels and liaising with foreign customers to build stronger ties in international... 

Govt prioritises fight against acid mine water in Gauteng 

By: Dylan Slater     17th June 2016 Government’s acknowledgment of the severity of acid mine drainage (AMD) in the Witwatersrand, Gauteng, and the subsequent priority given to taking steps to alleviate the problem are of “significant importance”, states Federation for a Sustainable Environment (FSE) CEO Mariette Liefferink. After... 

Agricultural technologies to drive growth and development, survey finds

By: Schalk Burger     17th June 2016 The increasing use of agricultural technologies in Africa, as reported in a survey of 25 large agricultural companies, can dramatically improve yields, food security and product quality, as well as provide raw materials for new products in new markets, says PwC Africa Agribusiness industry leader... 

Company provides reliable nut and bolt solutions

     17th June 2016 Technical solutions provider Bearing Man Group’s (BMG’s) extensive range of fasteners, tools and related equipment is used to enhance reliability of equipment in diverse sectors, including light, medium and heavy industries, pulp and paper, construction, original-equipment manufacturers and... 

Exports seen as key to improving prospects for SA capital equipment manufacturers

By: Dylan Slater     17th June 2016 The South African Capital Equipment Export Council (Saceec) says domestic manufacturers of capital equipment stand a better chance of being sustainable in the country’s struggling economy by opening up export channels and liaising with foreign customers to build stronger ties in international... 

The Fastener Factory

By: Zandile Mavuso     17th June 2016 South Africa-based fasteners supplier The Fastener Factory – which will be celebrating its 1st birthday in July – offers a specialist supply and support service to diverse industries throughout the country. These industries include the automotive, engineering, packaging, printing, agriculture,... 

Zulu wants small business development integrated into nine-point plan

By: Mia Breytenbach     17th June 2016 While the South African Department of Small Business Development (DSBD) is one of the lead departments for one of the priority interventions of government’s Nine-Point Plan to boost economic growth and create much-needed jobs – unlocking the potential of small, medium-sized and microenterprises... 

Zimbabwe expects power supplies from Kariba expansion to start in Dec 2017

By: Reuters     15th June 2016 Zimbabwe, which endured power cuts almost daily last year, is on track to start generating additional power supplies at its Kariba hydro plant in December 2017, a senior government official said on Wednesday. Construction of two new generating units at the country's biggest power plant to add 300... 

Planetary Resources, Luxembourg ink MoU to develop space resource industry

By: Natasha Odendaal     14th June 2016 US-based asteroid mining company Planetary Resources and the government of Luxembourg have teamed up to advance space mining ambitions leveraging the attractive framework for their cooperation within Luxembourg’s SpaceResources.lu initiative. Through a memorandum of understanding between the duo,... 

South Africa's current account deficit widens in Q1 as exports slump

By: Reuters     14th June 2016 South Africa's current account deficit widened in the first quarter of 2016 as exports slumped despite a recovery in the global prices of commodities and a weaker rand, the central bank said on Tuesday. The current account deficit widened to 5% of gross domestic product in the first quarter from... 

IAEA helps Mauritius wage war on fruit flies

By: Reuters     14th June 2016 The International Atomic Energy Agency (IAEA) is helping Mauritius to assist the island country “step up its fight against fruit flies threatening valuable crops” the IAEA said on Monday. The IAEA has given Mauritius a new irradiator that would help it to accomplish this purpose by using the... 

Cenovus restarts Alberta oil ops

By: Henry Lazenby     10th June 2016 Oil sands operator Cenovus Energy is restarting operations after staff returned to its Pelican Lake operation, in northern Alberta. The plant was shut down on Tuesday when a wildfire approached within 1 km of the operation’s perimeter. 

Agri SA calls for a national disaster declaration 

By: African News Agency      10th June 2016 Agri SA on Friday welcomed the announcement by the Minister of Cooperative Governance and Traditional Affairs, Des van Rooyen, to declare most of South Africa’s provinces as drought disaster areas. On Friday, Van Rooyen declared all but Gauteng as drought disaster areas because of the threat to... 

International exposure key for South African fabricators

By: Robyn Wilkinson     10th June 2016 There is a tendency among local and international original-equipment manufacturers (OEMs) to underestimate the capabilities of South African sheet metal fabricators. This makes industry collaboration crucial to increase the exposure of local fabricators and prevent the loss of orders to... 

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