R/€ = 15.25
R/$ = 13.54
Au 1147.30 $/oz
Pt 936.50 $/oz
Sep 28, 2015
Condra has delivered the first two of eight double-girder overhead travelling cranes ordered by Veolia Water for the Lower Thukela Bulk Water Supply Scheme. The eight machines are maintenance cranes for the project’s high-lift and low-lift pump stations, and for the...
Sep 01, 2015
African Infrastructure Investment Managers, a leading African infrastructure equity investment manager, has announced its industrial partnership with Hydroneo Afrique, a wholly-owned subsidiary of MECAMIDI, an established global manufacturer and developer of small...
Aug 05, 2015
South Africa has been shortlisted by The European Outsourcing Association (EOA) for the 2015 Offshoring Destination of the Year award, competing against Bulgaria and Latvia. Now in its sixth year, the EOA Awards recognised and celebrated the efforts of companies that...
Jul 31, 2015
The Southern African International Trade Exhibition, Africa’s biggest business opportunities show, has this year surpassed all previous attendance records in terms of the number and reach of countries that participated. Held from 21 to 23 June at Gallagher Convention...
Jul 10, 2015
Creating sales and protecting margins: why it’s critical to be demonstrably different “Differentiate or die.”
Apr 24, 2015
In the instalment of this column for the October 31 to November 6, 2014, edition of Engineering News, titled ‘Online help desk a gold mine of information on exports to the EU’, the European Union export help desk – the European Commission’s (EC's) online one-stop...
Mar 06, 2015
This project includes the construction of two liquefied petroleum gas terminals to increase geographical coverage and storage capacity.
Jan 16, 2015
On October 19, 2004, the world’s first exclusively biofuel powered production aircraft received its certification, allowing it to be flown operationally. That aircraft was (and is) the Neiva (now Embraer) EMB-202A Ipanema crop duster. This is the most recent version...
Jan 16, 2015
Jan 16, 2015
Nov 21, 2014
Nov 21, 2014
Construction company Group Five says its strategy is strongly focused on expansion in Africa, with selected projects in Russia and Northern America also possibly on the horizon. Outgoing CEO Mike Upton says the South African construction industry saw what appears to...
Oct 23, 2014
The majority of the 41 signatory countries to the Organisation for Economic Cooperation and Development’s (OECD’s) Anti-Bribery Convention, adopted in 1997, have failed to clamp down on foreign bribery activities. Fifteen years after its implementation, only four...
Sep 05, 2014
The project entails the construction of a seventh reactor at the Kozloduy nuclear power plant.
Aug 20, 2014
With declining mineable coal reserves and the ever increasing global energy demand, Underground Coal Gasification is a resurging technology that promises to deliver on these challenges. On Thursday 28th August the Fossil Fuel Foundation will host the Underground Coal...
Aug 08, 2014
Frozen potato chips safeguard On July 25, the South African Revenue Service (Sars) imposed a final (definitive) safeguard on frozen potato chips (or French fries), classifiable under tariff subheading 2004.10.20, through two Government Gazette notices. The safeguard...
Jun 27, 2014
Electrical parameters measurement solutions company LEM launched the new LTC series closed-loop transducers, which control energy in rail transportation systems, in South Africa in January this year. Johannesburg-based electronic-component specialist and sole...
Jun 19, 2014
South Africa’s State-owned Transnet National Ports Authority (TNPA) officially named its new 750 m3 grab-hopper dredger ‘Italeni’ at a ceremony held in Bulgaria this week. The name, TNPA said, was derived from the battle of Italeni, which took place near the Ithala...
May 02, 2014
Since the beginning of 2014, several key Stage 2 contracts have been awarded.
Jan 17, 2014
The Shah Deniz consortium announced the final investment decision for the Stage 2 development of the Shah Deniz gasfield in December 2013.
Jan 17, 2014
The gas pipeline will deliver gas from natural gas reserves located in the Shah Deniz-2 and other gasfields, in Azerbaijan, and from natural gasfields in countries neighbouring Turkey, to domestic markets.
Nov 29, 2013
The project comprises the construction of a gas pipeline across the Black Sea to Southern and Central Europe.
Nov 15, 2013
By Radhika Bhuyan The South African government has a daunting task – on the one hand, it needs to ensure that future energy supply is secured, while, on the other, with crunched information, it needs to make decisions that involve towering energy investments and...
Nov 06, 2013
Solar energy group SunEdison announced on Wednesday that it had secured R1.8-billion in development finance from the US government’s Overseas Private Investment Corporation (OPIC) for its 60 MW Boshoff solar park project, being developed in South Africa’s Free State...
Oct 18, 2013
Bretby Gammatech, one of the world’s leading coal quality monitoring equipment companies, is developing new business opportunities in the Balkans, after exhibiting at the Balkanmine Congress and Commercial Exhibition, held in Macedonia. The UK-based company exhibited...
Oct 02, 2013
Fracking is proving to be a boon not only for the US economy, but also for the valve industry. Some EU states however are stepping on the brakes. Fracking is giving the USA lots of hopes. Utilising this extraction method of unconventional gas deposits, the...
Jul 19, 2013
National Treasury issued a media statement on July 5 extending an invitation to interested parties to submit comments by August 5 on the Draft Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill 2013.
Feb 21, 2013
JSE-listed Mondi Group would continue the integration and optimisation of its latest acquisitions as the group shifted its portfolio to exposure to higher-growth products. The group injected €1.2-billion into various acquisitions within the growing corrugated...
Jan 14, 2013
Sanabil and Saudi PPA Acquire 19.4% Equity Stake in ACWA Power
Dec 07, 2012
Over 50 nuclear technology experts from leading European utilities met at AREVA’s German headquarters in Erlangen for a two-day-workshop, to discuss today’s industry main safety imperatives and to hear about AREVA’s solutions to help utilities meet their new challenges
Sep 20, 2012
juwi CEO Matthias Willenbacher presents concept for renewable energy expansion and criticizes German government / Possible savings of several billion euros Husum/Wörrstadt, September 19 2012
Sep 07, 2012
The Shah Deniz consortium, comprising BP – the operator of the gasfield – and Statoil, both with a 25.5% stake.
Aug 30, 2012
Telecommunications group Cell C on Thursday released its latest international call price structure, grouping countries into five zones. While ensuring its 99c a minute standard call rate to 50 countries remained in place in Zone 1, the company would, from September...
Aug 27, 2012
Austrian electricity provider already generates 90 percent of its power from renewable sources
Aug 22, 2012
AMEC, the international engineering and project management company, has been awarded a contract by Balkan Minerals and Mining EAD, a subsidiary of Dundee Precious Metals Inc., to provide engineering and procurement services for the Krumovgrad Gold Project in Bulgaria
Aug 17, 2012
Forest products group Mondi has announced plans to install a 47 MW steam turbine at its Richards Bay mill, in KwaZulu-Natal, which will further increase the facility’s power self-sufficiency and produce surplus electricity for input into the South African grid....
Aug 17, 2012
Mondi today announced plans to install a new steam turbine at its Richards Bay Mill which will increase self generation to meet its own demand and produce surplus energy for the electrical grid
Aug 17, 2012
Hoisting equipment company Condra secured a R13-million contract at the beginning of this year to deliver one of the biggest cranes ordered from the South Africa-based crane group to date. The maintenance crane will be installed at a power generation plant in...
Aug 07, 2012
JSE- and London-listed paper and packaging group Mondi’s energy and debottlenecking projects were under way and progressing well, CEO David Hathorn reported on Tuesday. Mondi, which is aiming to achieve 97.5% energy self-sufficiency across its operations as...
Aug 02, 2012
Canada-based miner Dundee Precious Metals (DPM) lifted its year-on-year adjusted earnings in the second quarter by 56.66% to $9.4-million or 8c a share on the back of increased gold and copper concentrate sales, the stronger US dollar and higher gold prices. The...
Jul 12, 2012
Canada-based Dundee Precious Metals (DPM)on Wednesday reported that Namibian authorities had given it the green light to increase production at its Tsumeb smelter to 75% of its nameplate capacity, following concerns about emissions controls.