R/€ = 17.35 Change: 0.09
R/$ = 14.87 Change: 0.05
Au 1197.84 $/oz Change: 1.45
Pt 812.50 $/oz Change: 20.00


Top trends that are likely to change the way we work and live

By: Kim Cloete     14th September 2018 Quantum computing and flying cars are two of the top trends that Frost & Sullivan has outlined within its top trends for 2018/19 at its CEO Think Tank in Cape Town.  The company has looked at trends that are changing the way we work and live. 

Hawks investigate cases related to Gupta-loot worth more than R40bn

By: News24Wire      16th August 2018 The Hawks are investigating cases related to the Guptas' state capture project that involves more than R40 billion which has been plundered from state coffers. Lieutenant General Godfrey Lebeya presented the Hawks' progress in several cases of state capture to the Portfolio Committee on Police on... 

Two workers die at Dubai aluminium furnace, EGA says

By: Reuters     15th August 2018 Two workers died at an industrial furnace in Dubai, reportedly by burning to death, the operator of the plant said on Tuesday. Emirates Global Aluminium said the accident took place on Monday as the men "were working at an industrial furnace, which was shut down for routine maintenance and was... 

FCA South Africa appoints new CFO, head of network development

By: Creamer Media Reporter      20th July 2018 Fiat Chrysler Automobiles (FCA) South Africa has appointed Juan Wheeler CFO and Daniell Theron head of network development. He has served in various regions within Ford Motor Company for the last 20 years including South Africa, South East Asia and the Middle East. 

Panasonic launches its new headquarters in Cape Town

By: Kim Cloete     12th July 2018 Prompted by a growing customer base in the Western Cape, Panasonic South Africa has launched its new South African headquarters in Century City, in Cape Town. “We are excited about our new headquarters. We decided to move to the Western Cape because of the growth in our customer base in this... 

Indonesia reaches preliminary deal with Freeport on Grasberg

By: Bloomberg     12th July 2018 Indonesia has struck an “initial agreement” to take majority ownership of Freeport-McMoRan’s giant Grasberg copper and gold mine, President Joko Widodo told reporters in Jakarta on Thursday. State-owned PT Indonesia Asahan Aluminium, also known as Inalum, will end up with a 51% stake,... 

Bridging between traditional and new energy

11th July 2018 As the current global energy transition moves towards a future more dependent on renewable resources, WorleyParsons is using its expertise in new energy to bridge between conventional and sustainable power generation. WorleyParsons says the global transition to fully realising the potential of... 

dmg events open for business in Saudi Arabia

5th July 2018 dmg events establishes office to use as base for the company's events throughout the Kingdom att Denton Having been granted a Saudi investment licence by the Saudi Arabian General Investment Authority (SAGIA) earlier this year, dmg events, a leading international events company, has now... 

Nissan announces expansion plans in Africa, Middle East & India

14th June 2018 Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region today as part of the company’s six-year midterm plan, Nissan M.O.V.E. to 2022. Nissan aims to build on its strengths in markets including South Africa, India, the United Arab Emirates, Egypt... 

Nissan announces Africa, Middle East and India expansion plans

By: Nadine James     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... 

African auto industries not viable without policy support

By: Irma Venter     30th May 2018 If African governments do not develop sustainable, long-term automotive industry policies – including policy measures that address the issue of the sale of used vehicles – they will fail to develop automotive sectors within their economies, says African Association of Automotive Manufacturers... 

First complete landing gear change for Emirates A380 aircraft executed

By: Simone Liedtke     29th May 2018 Emirates Engineering has successfully accomplished the first complete replacement of landing gear on the first Emirates Airbus A380 to have its entire landing gear system replaced at one time. The process of changing all the landing gears was completed in 14 days. For the duration of the... 

Alrosa reopens office in world’s largest diamond jewellery market

By: Creamer Media Reporter      22nd May 2018 Russian diamond miner Alrosa has successfully held its first auction in two years in the US, following the recent reopening of its representative office in New York. The New York office was first opened in 2006, but has not operated since 2016. 

The scramble for Somalia

By: Martin Zhuwakinyu     18th May 2018 The Horn of Africa nation of Somalia is better known as the poorest country on earth, with a per capita gross domestic product of $400, and for lacking a coherent government since the 1991 ouster of Mohamed Siad Barre as President. What many do not remember is that it was one of the first newly... 

UK airline to launch direct Durban–London air link

By: Rebecca Campbell     18th May 2018 The Dube TradePort Special Economic Zone has announced that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is located... 

Gordhan outlines his plan for the ‘recapture’ of South Africa’s SoCs

16th May 2018 The full text of Public Enterprises Minister Pravin Gordhan’s Budget Vote speech to Parliament on May 15. In it, the Minister warns that it has become evident that several State-owned companies (SOCs) will not be able to trade and borrow their way out of their financial difficulties and that some... 

India's thermal coal imports rise over 15% in Q1 – trader

By: Reuters     11th May 2018 India's thermal coal imports rose by more than 15 percent in the first three months of 2018, with Indonesia accounting for about three-fifths of total supplies, according to vessel arrival data from Dubai-based coal trader American Fuels & Natural Resources. India's rising coal imports are... 

Iran's gold demand set for spurt before Trump sanctions bite

By: Bloomberg     9th May 2018 Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as US sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd. After a previous set of sanctions was imposed on Iran in 2012, it took two years for the... 

Fura unearths exceptional 25.97 ct rough emerald in Colombia

By: Henry Lazenby     8th May 2018 Dubai-based precious gem producer Fura Gems has recovered a 25.97 ct rough emerald at its Coscuez Colombian emerald mine. Fura said in a statement on Tuesday that it believes the emerald to be rare and exceptional owing to its size, colour saturation and clarity.  

Africa is opportune for energy, smart solutions development – Schneider Electric

By: Marleny Arnoldi     8th May 2018 Automation and energy management multinational Schneider Electric on Tuesday revealed its strategy for the African continent and how it relates to creating smart cities – taking cognisance of challenges and opportunities.  

Direct Durban-London air link to be launched by UK carrier

By: Rebecca Campbell     8th May 2018 The Dube TradePort Special Economic Zone announced on Tuesday that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is... 

New gensets introduced at Middle East Electricity

27th April 2018 Engine manufacturer Cummins has introduced the C450 D5, which is part of its QSG12 series diesel generator sets (gensets) for the commercial and industrial markets, at the Middle East Electricity (MEE) 2018 in Dubai, which was held from March 6 to 8 at the Dubai World Trade Centre, in Dubai. The... 

Emergency Desalination Plant Gets Helping Hand from SBS Tanks®

18th April 2018 As Cape Town gets closer to running out of water, SBS Tanks® has formed an integral partnership with Quality Filtration Systems (QFS) and Osmoflo to provide quality water for an emergency desalination plant. Initiated by The City of Cape Town, the plant will address the water crisis in the... 

Alstom-led consortium to build complete driverless light metro system for Montreal

By: Marleny Arnoldi     13th April 2018 Groupe des Partenaires pour la Mobilité des Montréalais (PMM), a consortium comprising Alstom and SNC-Lavalin, has signed a contract with infrastructure developer CDPQ Infra to deliver a complete automatic and driverless light metro system for the Réseau Express Metropolitan (REM) project in... 

Burkina Faso to end Timis unit's $1bn manganese deal

By: Bloomberg     12th April 2018 Burkina Faso will proceed with plans to end its agreement with a unit of Timis Mining Corp. to mine a $1-billion manganese deposit even though a dispute about the operation is still pending at the International Court of Arbitration. The West African nation will give Pan African Minerals 90-days... 

DP World wins 30-year Congo port concession

By: Reuters     26th March 2018 DP World said on Sunday it had won a 30-year management and development concession for a greenfield, multi-purpose port in the Democratic Republic of the Congo (DRC). The Dubai-owned port operator will set up joint venture with the Central African country's government to manage and invest in the... 

SBS Tanks® are delighted to announce a partnership with QFS and Osmoflo in providing quality water storage for an emergency desalination plant at the V&A Waterfront area of Cape Town.

8th March 2018 With the region in the grips of its worst drought on record, the City of Cape Town Municipality have launched a number of alternative water sources projects to mitigate the drought’s effects, with this project being one of the landmarks. The project is centered around a fully containerized... 

DP World may develop $1.2bn port at Banana on Congo coast

By: Bloomberg     2nd March 2018 DP World may develop a $1.2-billion deep-water port in the Democratic Republic of Congo, according to documents published by a Senegalese whistle-blowing organization. DP World signed an agreement with the Transport Ministry in February 2017 giving the Nasdaq Dubai-listed company exclusive rights... 

Mariam Abdullahi

2nd March 2018 This week we feature Mariam Abdullahi, telecommunications industry lead for Africa at SAP   

Water preservation and treatment industry expected to grow

By: Simone Liedtke     2nd March 2018 Water preservation and treatment industries - from harvesting rainwater to the recycling of grey water and purification to potable water, as well as desalinating sea water - will vastly grow in importance globally, says Johannesburg-based valve manufacturer and supplier AVK Holding Southern... 

Concrete products assuaging industry’s aesthetic predilection

By: Tasneem Bulbulia     2nd March 2018 With the recent trend of aesthetic appearance playing a more prominent role in construction and the built environment, construction chemicals company Chryso Southern Africa and its 100%-owned subsidiary a.b.e Construction Chemicals are offering a number of aesthetic concrete product ranges to... 

Richards Bay Coal Terminal, port win top global excellence awards 

By: Martin Creamer     23rd February 2018 South Africa's Richards Bay Coal Terminal (RBCT) and Richards Bay Port won global recognition at the Global Ports Forum awards ceremony in Dubai on Thursday. The winners of these prestigious international awards by the ten-year-old Singapore-launched Global Ports Forum are finalised by a judging... 

Koko says he is 'moving on', despite Eskom court victory

By: News24Wire      22nd February 2018 The Labour Court on Wednesday ruled in favour of controversial former Eskom executive Matshela Koko, but he said it was too little too late and that he has already moved on. Judge Graham Moshoana ruled that Eskom’s attempt to fire Koko, based on a directive from then Deputy President Cyril... 

Burkina Faso seeks new partner for $1bn manganese project

By: Bloomberg     22nd February 2018 Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two earlier attempts to develop the $1-billion project. Pan African Minerals, a unit of Timis Mining, was told to stop production at the Tambao mine in 2015 following a change in... 

Eskom's Matshela Koko submits letter of resignation

By: News24Wire      16th February 2018 Controversial top Eskom executive Matshela Koko submitted his resignation on Friday, but did not admit to any guilt.   This came out at his second disciplinary hearing, currently taking place in Sandton. 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

Gordhan lashes out at Denel as it begs for R3bn lifeline

By: African News Agency      6th February 2018 State arms manufacturer Denel on Tuesday pleaded for an equity injection as it briefed MPs on its results for the past year, but former finance minister Pravin Gordhan flatly countered that the company's dire financials were linked to its dealings with the Gupta family believed to have corrupted... 

Cummins Launches Simulator To Demonstrate Complete Power Systems

1st February 2018 Cummins Power Generation has officially launched a new simulator at the Cummins Training Centre in Kelvin, Johannesburg to demonstrate its entire product line-up as an integrated solutions approach, from genset controls to annunciators, remote monitoring, Digital Master Control (DMC), and... 

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