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Bass reaching for nameplate capacity at Graphmada

By: Esmarie Swanepoel     17th July 2018 Graphite miner Bass Metals is expected to reach its Stage 1 nameplate capacity of 500 t/m at its Graphmada project, in Madagascar, by the end of the first quarter of 2019. The company said on Tuesday that the production of premium graphite concentrate has steadily increased, with Bass now... 

China overloading poor nations with debt, top US official says

By: Reuters     17th July 2018 China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable, the head of the US Overseas Private Investment Corporation (OPIC) said on Monday. The criticism of Beijing - targeted by President Donald Trump in a trade war that... 

Brazilian aerospace group predicts strong growth in smaller airliner segment

By: Rebecca Campbell     16th July 2018 Brazilian aerospace group Embraer, one of the world’s top two regional jet manufacturers, has forecast a global demand for 10 550 new airliners with capacities of 150 seats or less, over the next 20 years. This prediction was released on Sunday at Farnborough in the UK, the day before the start... 

PET industry supports local waste recycling entrepreneurs

By: Jessica Oosthuizen     13th July 2018 The polyethylene terephthalate (PET) sector on Friday showed its support to small-, medium-sized and microenterprises in the recycling sector by providing equipment that will enable the enterprises’ effective participation in the mandatory recycling programme launched by the City of Ekurhuleni... 

Total’s acquisition of Engie LNG portfolio closes

By: Marleny Arnoldi     13th July 2018 Petroleum giant Total’s acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5-billion, has closed.  

Others expected to follow Coca-Cola’s solar leadership as costs fall

By: Simone Liedtke     13th July 2018 Coca-Cola Beverages South Africa (CCBSA), Coca-Cola’s bottling partner in South Africa, is aiming to have 25% of its electricity powered by renewable sources by 2025. The company says the first 10% of this renewable energy, about 18-million kilowatt hours a year, will be rolled out nationwide... 

Technological advances fast-track new power projects

13th July 2018 Technological advances and a decline in prices in battery energy storage are driving progress in distributed power generation, grid stabilisation and utility scale energy applications, with significant opportunities for companies across Africa. Speaking ahead of Africa’s premier power sector... 

Others expected to follow Coca-Cola’s solar leadership as costs fall

By: Simone Liedtke     13th July 2018 Coca-Cola Beverages South Africa (CCBSA), Coca-Cola’s bottling partner in South Africa, is aiming to have 25% of its electricity powered by renewable sources by 2025. The company says the first 10% of this renewable energy, about 18-million kilowatt hours a year, will be rolled out nationwide... 

Travel between SA and Spain boosted by renewed air link

By: Rebecca Campbell     13th July 2018 The reintroduction of direct flights between Johannesburg and Madrid by Spanish flag-carrier airline Iberia in August 2016 has resulted in a significant boost in travel between South Africa and Spain. This was reported by Airports Company South Africa Assistant General Manager (Client and... 

Solid demand forecast for turboprop aircraft amid growth in regional routes

By: Rebecca Campbell     13th July 2018 Regional turboprop airliner manufacturer ATR has released its 20-year (2018 to 2037) forecast for global demand for turboprop airliners. It estimates the market at 3 020 aircraft, worth more than $80-billion. “The key driver for this positive outlook is traffic growth in regional connectivity,”... 

Coal to remain a significant energy source for decades – WCA

By: Nadine James     13th July 2018 Coal will remain a vital growth enabler and source of energy for decades to come, says World Coal Association CEO Benjamin Sporton. He notes that demand for coal will remain stable to positive, as a result of increased industrialisation and electrification, especially in Africa and South-East Asia. 

Bluejay's Dundas may be attractive to Rio Tinto – analysts

By: Mariaan Webb     12th July 2018 The closure of Rio Tinto's South African subsidiary Richards Bay Minerals (RBM) as a result of violent protests this week, may play into the hand of London- and Frankfurt-listed Bluejay Mining, which is developing the Dundas ilmenite project, in Greenland. The project is said to be the... 

Swiss energy storage startup breathing new life into South African battery invention

By: Terence Creamer     10th July 2018 A Swiss energy storage startup is moving to revive the Zebra battery, which was invented at the Council for Scientific and Industrial Research (CSIR), in Pretoria, in the 1980s and initially commercialised for use in electric vehicles (EVs) by, among others, Anglo American and Daimler. Located in... 

Security breach puts Liberty at risk – Redstor

9th July 2018 While established insurance firm Liberty continues to throw everything it has at an investigation into the recent major data breach, the incident is a stark reminder to businesses that cyber security should be a constant priority – a company’s guard must always be up. This is the warning from... 

On-The-Air (06/07/2018) 

By: Martin Creamer     6th July 2018 Black-controlled mining company Exxaro has hit the high spots with the introduction of South Africa’s first ‘smart’ mine. A strongly black-empowered mining company is taking steps to raise money in London for its modern new phosphates operation in the Western Cape. The Bafokeng community is... 

Airbus forecasts demand for 37 390 new airliners and freighters over next 20 years

By: Rebecca Campbell     6th July 2018 Europe-based aerospace giant Airbus published on Friday its forecast for new airliner and freighter aircraft demand for the next 20 years. The group’s “Global Market Forecast 2018-2037” predicts a need for 37 390 new passenger and freighter aircraft over this period, taking the global fleet of... 

For State of American coal, look at West Virginia's mining stats

By: Bloomberg     6th July 2018 No place tells the story of America’s coal markets better than West Virginia right now. According to US government estimates released Thursday, mining in the northern half of the Mountain State – the part known for its bounty of thermal coal, used to fuel US power plants – slid 7% in the first... 

Seifsa expects 1.7% expansion in local steel industry

By: Erin Steenhoff-Snethlage     6th July 2018 Following its initial forecast of a 1.1% expansion of the metals and engineering cluster at the beginning of the year, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says upon review, preliminary data now suggest a 1.6% expansion of the sector, with all sub-industries... 

Automation, technology integral to competitiveness

By: Erin Steenhoff-Snethlage     6th July 2018 Benrose-based cutting consumables and capital equipment distributor First Cut believes it has a role to play in educating the downstream steel industry on the possibilities offered by new technology and the scope of automation. “Technology is changing and advancing at a rapid pace and the current... 

New technical models set to reduce costs of power generation, distribution for Africa

5th July 2018 Innovative new technologies and architectures set to reduce the costs of power generation and distribution will be presented at the upcoming POWER-GEN & DistribuTECH Africa conference and expo. Speaking ahead of Africa’s premier power sector summit, experts outlined a number of new technologies... 

UK to invest £420m to lift construction productivity

By: Reuters     5th July 2018 Britain's government announced what it said was the largest investment in at least a decade to speed up home-building on Thursday, which will see £420-million ($556-million) of public and private money spent on new construction technology. Building more housing has been one of Prime Minister... 

SA retailer pilots compostable bags with customers on International Plastic Bag Free Day

4th July 2018 Pick n Pay chairman calls for Government action, investment in recycling and waste management Pick n Pay became the first South African retailer to trial compostable bags as an environmentally friendly alternative to plastic bags. The one-day trial at its V&A Waterfront store will gauge customer... 

KLT’s community partnerships in South Africa recipe for meeting global production standard

By: Anine Kilian     3rd July 2018 India-based automotive component manufacturer KLT Automotive and Tubular Products South Africa plans to add 1 000 people to its 900-strong work force in the next eight years. The company has a major contract with the Ford Motor Company of Southern Africa (FMCSA) for the Ford Ranger, and... 

Moody’s warns of credit implications for Africa as China shifts to consumption-led growth

By: Simone Liedtke     3rd July 2018 China's shift to consumption-led growth will have mixed credit implications for African sovereigns, flattening the trade volumes of oil and ferrous metal exporters, while benefitting other exporters and tourist destinations, Moody's Investors Service said in a report published on Tuesday. "China... 

Pick n Pay trials compostable carrier bags in Cape Town

By: Marleny Arnoldi     3rd July 2018 Pick n Pay has become the first South African retailer to trial compostable bags as an environment-friendly alternative to plastic bags.  

Draft Mining Charter progressive, but still ambiguous – Bench Marks Foundation

By: Marleny Arnoldi     3rd July 2018 The new draft Mining Charter, released mid-June, is a step in the right direction, says performance monitoring organisation Bench Marks Foundation, but it warns that the devil remains in the detail, with some matters still to be clarified.  

When the going gets tough, the tough get railing

By: Creamer Media Reporter      3rd July 2018 Earlier this year, it was widely reported that Zambia had passed a statutory ruling which instructed firms (affecting mostly Mining), to transport at least 30% of their heavy and bulk freight volumes by rail. To place this into perspective, it is estimated that only 5% of the total freight moved... 

Airliner manufacturer predicts strong demand for turboprop aircraft

By: Rebecca Campbell     2nd July 2018 Regional turboprop airliner manufacturer ATR on Monday released its 20-year (2018 to 2037) forecast for global demand for turboprop airliners. It estimated the market at 3 020 aircraft, worth more than $80-billion. “The key driver for this positive outlook is traffic growth in regional... 

Airbus, Bombardier airliner deal now operational

By: Rebecca Campbell     2nd July 2018 Europe-based major global airliner manufacturer Airbus announced on Sunday that its deal with Canadian aerospace company Bombardier (part of the wider Bombardier group) to take a majority share in the latter’s C Series airliner programme had come into effect. The C-Series comprises two models:... 

FDI in South Africa declining 

By: Anine Kilian     29th June 2018 South Africa needs to improve its governance and regulatory transparency to attract more foreign direct investment (FDI), says AT Kearney global business policy council chairperson Paul Laudicina. In a briefing on Friday, he noted that South Africa’s share of regional foreign direct investment... 

Global Trade Show - Set to Surpass 2017 Success

29th June 2018 The Global Trade Show of Networking and Matchmaking South Africa 2018 (GTS2018) a leading business opportunities exhibition, is back for a second year in South Africa – bigger and better! The three-day event, which takes place from 27 to 29 July at Gallagher Convention Centre in Midrand,... 

Commodities face a twin threat, Morgan Stanley says

By: Bloomberg     29th June 2018 Commodities face a twin threat in the coming months, according to Morgan Stanley, which flagged burgeoning risks to consumption from a potential escalation in global trade tensions, especially for metals, as well as any slowdown in China. “Escalating global trade tensions bring a risk of demand... 

Morocco: it’s fifth time (un)lucky

By: Martin Zhuwakinyu     29th June 2018 The Beautiful Game is obviously the flavour of the month, what with the World Cup currently under way in Russia. So, apologies to those readers of this column who cannot tell the difference between FIFA and Uefa – the focus this week is on matters football once again. Those with more that a... 

Opportunity for smaller exporters amid global ecommerce trend

By: Schalk Burger     29th June 2018 The growth of e-commerce and changing retail industry trends provide entrepreneurs and small businesses with new opportunities to sell their products and services to international markets, says courier multinational FedEx Express Southern Africa operations VP Mike Higley. According to the PayPal... 

Living on past glories?

By: Riaan de Lange     29th June 2018   “It's nine o'clock on a Saturday. The regular crowd shuffles in.” 

Think demand

By: Terence Creamer     29th June 2018 At any gathering where South Africans convene to deliberate on the country’s economic predicament, one well-worn narrative will inevitably arise. It begins with the statement that South Africa is endowed with natural resources that are second to none. What follows is a lamentation about the fact... 

Renewed air link boosts traffic between South Africa and Spain

By: Rebecca Campbell     28th June 2018 The reintroduction of direct flights between Johannesburg and Madrid by Spanish flag-carrier airline Iberia in August 2016 has resulted in a significant boost in travel between South Africa and Spain. This was reported by Airports Company South Africa assistant general manager (client and... 

South African computer boffins claim third place at international high-performance computing contest

By: News24Wire      28th June 2018 South African computer boffins have claimed third place at an international high-performance computer competition in Germany. The team, made up of Meir Rosendorff, Joshua Bruton, Kimessha Paupamah, Katleho Mokoena, Nathan Michlo and Njabulo Sithole, from Wits and the University of Limpopo,... 

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