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India seeks to extend LNG, energy cooperation with Qatar

By: Ajoy K Das 21st June 2017 Despite Qatar being pushed into diplomatic and economic isolation by its neighbours, India is deepening economic cooperation in liquefied natural gas (LNG) and energy with new proposals and initiatives. The Indian government has proposed a fresh long-term LNG purchase agreement, while the Qatari... →

Alrosa, Dubai trader strengthen ties

By: Megan van Wyngaardt 15th June 2017 The Dubai Multi Commodities Centre (DMCC) and Russian diamond miner Alrosa have agreed to enhance diamond trade cooperation. The parties discussed options for expanding Alrosa’s trading activities at the Dubai Diamond Exchange – a DMCC entity – as well as agreements on enhanced efforts to stem... →

Tanzania's Acacia spat shows deepening battle with business

By: Bloomberg 14th June 2017 Tanzanian President John Magufuli’s escalating battles with business risk alienating the very investors he needs to drive his multi-billion dollar industrialization policy. On Monday, the 57-year-old leader ratcheted up his dispute with miners by accusing Acacia Mining Plc of operating illegally... →

Why engineers from across sub-Saharan Africa will head for the Western Cape in July

12th June 2017 Cape Town is the hub of the oil, gas & petrochem sector for sub-Saharan Africa and the city hosts Oil & Gas 2017, a three-day conference and expo. Engineers are being invited to Cape Town this July for Oil & Gas 2017 with its unique three-day conference, with presentation on issues from fracking... →

EFF to lay charges against Gigaba over Transnet locomotive procurement

By: African News Agency 8th June 2017 The Economic Freedom Fighters (EFF) on Thursday said it would open a criminal case against Finance Minister Malusi Gigaba, whom it alleged was at the centre of corruption in the procurement of diesel locomotives by Transnet. The EFF could also lay charges against the Transnet board that was in... →

Alstom receives order in Canada

2nd June 2017 Railway systems and equipment company Alstom has been awarded a firm order for the supply of 61 Citadis Spirit light rail vehicles for the Greater Toronto and Hamilton area by Ontario government agency Metrolinx. →

Trevor Hill appointed new head of Audi SA

By: Irma Venter 30th May 2017 Trevor Hill has been appointed as the new head of Audi South Africa (SA). Hill will succeed Paul Sansom, who has been appointed as the MD of Audi Australia. →

Pressing 'refresh' in logistics

By: Creamer Media Reporter 29th May 2017 Imagine the value of 30-40% of cargo vehicles in a R500bn market returning empty? Can you imagine the savings if we could change this? And this is not just a South African problem, it’s a global issue. Where did it all start… Well… Approximately 2 years ago, Benji Coetzee, now Founder and CEO of... →

The Gupta Emails

By: News24Wire 29th May 2017 A cache of damning e-mails between members of the Gupta family, some of their trusted lieutenants and President Jacob Zuma's son, Duduzane, has brought forward fresh details on the mechanics of the Guptas' dubious state capture strategies. City Press, News24's sister publication, on Sunday... →

Atlas Copco’s sale of Road Construction Equipment leads to establishment of Dynapac South Africa

8th May 2017 The Atlas Copco Group has sold its global Road Construction Equipment Division, including the Dynapac brand name, to the number one construction Group in France and world-leader in road construction equipment, Fayat Group. The Road Construction Equipment division became part of Atlas Copco‘s... →

Iran's Rouhani faces anguished coal miners after fatal explosion

By: Bloomberg 8th May 2017 Iranian President Hassan Rouhani faced anguished miners Sunday as he visited a coal mine where an explosion last week killed more than three dozen men. Rouhani, the moderate cleric seeking re-election May 19, “insisted” on traveling to northern Golestan province to review the disaster and speak... →

ADVISIAN (WorleyParsons) South Africa appoints Gary Mocke to Ports and Marine Terminal Advisory role

3rd May 2017 Advisian, the independent advisory business line of WorleyParsons, has appointed Dr Gary Mocke as its Managing principal of Ports and Marine Terminals, with responsibility for managing the Ports and Marine Terminal Advisory sub sector in Sub-Saharan African region and supporting the Middle East &... →

How South Africa is attracting the world’s leading hospitality experts to advise on growth for the next decade

20th April 2017 Sub-Saharan Africa needs tourism for jobs and investment and a new expo based on one of the world’s most successful brands will bring international experience to Johannesburg in June 2017 Some of the world’s leading experts in hospitality have agreed to appear at the inaugural The Hotel Show... →

Two pipelines test economics of East Africa’s oil developments

By: Bloomberg 7th April 2017 A decade after its first big oil find, East Africa’s emergence as a crude exporter has been hindered by security and cost concerns that left the region building two pipelines instead of one. Uganda and Kenya are developing two new basins and originally agreed to build one line to connect the... →

Midnight Cabinet reshuffle prompts calls for demo

By: African News Agency 31st March 2017 In the wake of the biggest Cabinet reshuffle since 1996, civil rights organisations and trade unions have vowed to take to the streets on Friday to protest the removal of key ministers, especially Finance Minister Pravin Gordhan. The Treatment Action Campaign (TAC), Section27, SaveSA, and the... →

RenewSys is part of the 55 year old , R 3.75 Bn “Enpee Group” .

28th March 2017 The core competency of the Company lies in manufacturing. Headquartered at Mumbai , Renewsys has a global presence with offices at Dubai, Johannesburg , Durban , Lagos , London , Mauritius & Singapore and representative offices in the USA and several countries in Europe. RenewSys is one of the... →

Africa’s Biggest Coatings Show Entrusted To Major Global Expo Organisers

9th March 2017 Leading international exhibitions organisers, dmg events - Middle East, Asia & Africa, will in June next year stage Coatings for Africa 2018, the largest event for its industry on the continent. Coatings for Africa – the longest-running coatings event in Africa - is jointly presented by the SA... →

Global experts to assess market conditions and outlook for gold at 2017 Dubai Precious Metals Conference

7th March 2017 Sixth annual conference to explore challenges and opportunities facing precious metals sector across key markets including China, India, Middle East and Turkey. Despite a challenging performance towards the end of last year, precious metals gained 11.71% over 2016, driven by economic volatility... →

SA-based company partners with Chad to develop country’s nascent minerals sector

By: Ilan Solomons 3rd March 2017 Gold mining, refining and resources development company Quaestec Gold Africa Resources has partnered with the government of Chad to develop the Central African country’s nascent mineral resources sector, says company CEO Charles Fourie. Chad’s gold deposits occur over 1 200 km, from the south to... →

A380 airliner restored to the Johannesburg route by Emirates

By: Keith Campbell 17th February 2017 Major international airline Emirates, based in Dubai, recently reintroduced the Airbus A380 Superjumbo on to its Dubai-Johannesburg route, to meet growing passenger demand. Previously, the airline had operated the A380 on its Johannesburg route for a few months in 2011/2012, but the market had... →

IBM to train 25m Africans over five years

By: Bloomberg 17th February 2017 Technology group IBM is ramping up its digital-skills training program to accommodate as many as 25-million Africans in the next five years, looking toward building a future workforce on the continent. The US giant plans to make an initial investment of R945-million to roll out the training... →

Emirates Global Aluminium orders seventh Hertwich batch homogenizing unit

16th February 2017 Emirates Global Aluminium has placed an order for the supply of an additional batch homogenizing furnace for the heat treatment of billets with Hertwich Engineering, a company of the SMS group. Including this new unit, which will go into operation at the end of 2017, a total of five batch... →

Fluor Selected for Bauxite Mining Project in Guinea

8th February 2017 Fluor Corporation announced today that Guinea Alumina Corporation S.A. has awarded Fluor an engineering and program management consultancy contract for a major bauxite mine in the Boké region of Guinea, Africa. Fluor booked the approximately $700 million contract value into backlog in the fourth... →

Industry needs to adapt to digital technology to improve

By: Victor Moolman 3rd February 2017 To remain competitive this year, companies in the materials handling and logistics industry will be forced to act to optimise efficiency, improve business processes and advance the customer experience, says technology solutions provider Jasco Enterprise service portfolio manager Ian Summerfield. →

Emirates returns the A380 airliner to its Johannesburg route

By: Keith Campbell 1st February 2017 Major international airline Emirates, based in Dubai, on Wednesday reintroduced the Airbus A380 Superjumbo on to its Dubai-Johannesburg route, to meet growing passenger demand. Previously, the airline had operated the A380 on its Johannesburg route for a few months in 2011/2012, but the market... →

Condition-based maintenance – new approaches to extend the life of HVAC equipment

19th January 2017 HVAC is a long-term investment: chillers are big-ticket items that are meant to last the lifetime of a building – about 25-30 years – in fact a recent demolition of one of the first four star hotels in Dubai led to the retirement of three YORK® YT Chillers after nearly 34 years of service. These... →

Emirates introduces blankets made from recycled plastic on flights

By: Megan van Wyngaardt 19th January 2017 Dubai-based airline Emirates is introducing new sustainable blankets made from 100% recycled plastic bottles for use in economy class on all its long-haul flights. The blankets are made using ecoTHREAD patented technology, with each blanket made from 28 recycled plastic bottles. The bottles are... →

From farm to fork – Africa’s top F&B show gets a makeover

18th January 2017 Africa’s Big 7, the continent’s leading event for the food & beverage industry runs from June 25 to 27 in South Africa attracting senior buyers from across the sector Africa’s premier food and beverage show has been rebranded and has relaunched this year to meet the needs of a changing market. →

Guptas fail to sell SA companies by end of 2016

By: News24Wire 11th January 2017 The Guptas’ intention to dispose of their shares in all their South African businesses by the end of 2016 has not come to fruition, their family spokesperson confirmed this week. "The Gupta family remains committed to disposing of its shareholdings in South Africa as soon as is practically... →

Execution of PRASA project contributes to outstanding results

16th December 2016 Railway sector services provider Alstom Group announced in its “outstanding” fiscal year 2016/17 results that trains reached €1.6-billon sales, with ongoing execution of the Passenger Rail Agency of South Africa (PRASA) project in South Africa among other deliveries of suburban, regional and... →

Liberty House closer to buying Australia’s Arrium steel producer

By: Bloomberg 15th December 2016 Liberty House Group is closer to taking over Australia’s steel producer Arrium, as the London-based steel manufacturer and metals trader is completing the purchases of units of Tata Steel and Rio Tinto in the UK. “We’re in the second round on Arrium, we’ve been shortlisted among four bidders,”... →

Mining tycoon’s $1bn manganese project nears collapse

By: Bloomberg 9th December 2016 A unit of Timis Mining that says it was forced to stop developing the world’s largest manganese deposit may seek as much as $4-billion in damages from Burkina Faso because the suspension of mining will endanger its other projects in West Africa. Pan African Minerals’ $1-billion Tambao project... →

Burkina Faso says dispute with Timis shouldn’t go to court

By: Bloomberg 7th December 2016 Burkina Faso said Timis Mining shouldn’t go to court until it has exhausted local mediation over a dispute about one of the world’s largest manganese deposits that the company says stems from the government’s deliberate blocking of the project. “The problem can’t go to the courts before we’ve... →

Ritchie Bros. celebrates 20 years of auctions in Dubai

5th December 2016 Unreserved auction on Dec. 13 & 14 marks two decades of auctions in the United Arab Emirates Over the last two decades, more than 120,000 items have been sold at Ritchie Bros.’ auctions in Dubai. The company will celebrate its 20th anniversary in the United Arab Emirates with a Dubai auction on... →

Bloody diamonds entering the market now only 0.2% of global supply

By: Dylan Slater 2nd December 2016 The ban on diamond exports from conflict zones is proving successful in curbing so-called ‘conflict diamonds’ from being sold into official and black markets, thereby reducing their use as a potential source of finance for rebel groups. This is according to nonprofit diamond industry... →

Zwane welcomes South Africa’s appointment as KPCS’s working group chair

By: Anine Kilian 17th November 2016 Mineral Resources Minister Mosebenzi Zwane has welcomed the decision by the plenary of the Kimberley Process Certification Scheme (KPCS) to endorse South Africa as the new chair of its working group on monitoring. The Minister is currently leading a South African delegation to the plenary meeting... →

ACWA Power to reassess bullish South Africa stance should Redstone collapse

By: Terence Creamer 15th November 2016 The head of Saudi Arabian electricity group ACWA Power says that, while the company remains a patient investor in South Africa, the outcome of the current impasse with Eskom relating to its 100 MW Redstone concentrated solar power (CSP) project will be critical to the group’s future investment... →

Stellar enters JV to advance Guinea, Liberia projects

By: Megan van Wyngaardt 9th November 2016 Aim-listed Stellar Diamonds has signed joint venture (JV) agreements with Dubai-based Citigate Commodities Trading to further develop the Baoulé kimberlite project, in Guinea, as well as two early-stage exploration licences in western Liberia. The company currently holds a 75% interest in the... →

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