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Feb 27, 2015
Updated 2 hours 5 minutes ago The Gauteng Provincial Government has outlined plans to develop a handful of “mega” human settlements as part of an ambitious long-term housing development strategy aimed at narrowing the housing backlog, with plans afoot to replace informal settlements with...
Feb 27, 2015
The Colombian mining tax regime has imposed a significantly high tax burden on marginal investments in mining, discriminated across minerals and was counterproductive to project profitability, pointing to a need to improve the country's mining tax regime. This was...
Feb 27, 2015
BUSINESS SUPPORT The South African Breweries’ business support model is designed to build and strengthen the capabilities of small and medium-sized enterprises to become sustainable entities with the ability to create jobs and wealth
Brewing and bottling giant South African Breweries (SAB) will announce this year’s finalist in the SAB KickStart programme – a youth entrepreneurship programme aimed at providing fledgling business owners with business training and mentorship – on 27 March. The...
Feb 27, 2015
TERENCE GREGORY Ecsponent’s bridging financing and support render companies more sustainable
Bridging finance plays an important role in creating sustainable businesses and the greatest challenge small and medium-sized enterprises (SMEs) face is a lack of technical acumen to complete a transaction, says JSE-listed private equity and financial services group...
Feb 27, 2015
Main Activity of the Company: Alco-Safe is a distributor of drug and alcohol testing equipment in South and Southern Africa Date and Place of Birth: February 19, 1986, Pretoria Education: Bachelor of Commerce and Business Management, University of Pretoria, 2004 to...
Feb 25, 2015
The first installment of an approved R23-billion capital injection for struggling electricity utility Eskom would be made in June, Finance Minister Nhlanhla Nene revealed in his 2015 Budget address. The allocations would be made in two installments, with a special...
Feb 24, 2015
South Africa’s gross domestic product (GDP) grew by a meagre 1.5% in 2014, lower than the 2.2% growth of 2013 and well below the 5.5% growth target set out by government in its National Development Plan. The main contributors to the increase in economic activity in...
Feb 18, 2015
As the demand for student accommodation continues to outweigh supply, financial services provider Nedbank has described “excellent” investment opportunities in this market, stating on Wednesday that South Africa could soon see the establishment of a new real estate...
Feb 16, 2015
Feb 11, 2015
 
 
 
Feb 10, 2015
The 15th annual African Utility Week and Clean Power Africa is the only global meeting place, conference and trade exhibition for African power and water utility professionals and offers a unique networking opportunity for engineers, stakeholders and solution...
Feb 09, 2015
To provide professionals with the integrated business and operational training and broader social and environmental perspectives necessary to lead the mining industry, the University of British Columbia’s (UBC’s) Sauder School of Business will launch an executive...
Feb 09, 2015
To further “optimise its top management structure”, JSE-listed Sasol has appointed Bongani Nqwababa its new CFO, while sustainability and human resources portfolio executive director Nolitha Fakude will be directly accountable for the strategy and sustainability...
Feb 09, 2015
Tuberculosis (TB) is a silent killer in many communities and deserves far more attention from mining companies. “We need to change our regulatory regime to recognise the biggest killer in our mines – TB,” South Africa’s Health Minister, Aaron Motsoaeledi, told the...
Feb 06, 2015
The tariff implications of the National Energy Regulator of South Africa’s (Nersa’s) decision to allow Eskom to operate its diesel-fuelled open-cycle gas turbines (OCGTs) for up to 450 GWh a month have not yet been determined. But the State-owned utility has...
Feb 06, 2015
A determined and aggressive initiative to deal with Southern Africa Development Community (SADC) challenges, including access to rural and agriculture financing, as specified in the Regional Agricultural Policy (RAP), is required to harness the potential that...
Feb 05, 2015
India is considering cutting the export duty for the low-quality iron ore produced by the country's biggest exporting state Goa, the mines and steel minister said, a move that could boost shipments to China and put more pressure on global prices. The idea was...
Feb 04, 2015
Cape Town utility event to gather more than 5000 power professionals. Africa’s leading utility, energy and water professionals and projects are to be honoured again at the annual African Utility Week and Clean Power Africa that is taking place in Cape Town from 12-14...
Feb 04, 2015
Regional collaboration in the power and water sectors, the untapped potential of renewable energy and investment challenges will be top of the agenda at the 15th African Utility Week and Clean Power Africa conference and exhibition, returning to the CTICC in Cape...
Feb 03, 2015
Aim-listed Premier African Minerals has secured £1-million from investment company Darwin Strategic to part fund the development of its 49%-owned RHA Tungsten project in Zimbabwe. Premier and Darwin signed an agreement on February 2 for the £1-million zero coupon...
 
 
 
 
Feb 02, 2015
Feb 02, 2015
The World Federation of Diamond Bourses (WFDB) on Monday expressed its sorrow over the death of partially State-owned Russian diamond producer Alrosa’s former president Fyodor Andreev on Friday. Andreev, 47, who stepped down last September for medical reasons after...
Jan 30, 2015
Days of rolling blackouts this week have blighted South African society and business, and they face an increasing number of outages in years to come. But the alternative, a grid collapse, could be catastrophic. Bordered by tiny, war-scarred or impoverished states...
Jan 23, 2015
Eskom CEO Tshediso Matona believes positive results from the current turnaround plan at the embattled utility will begin showing through in the next 18 to 24 months and has committed to continue “telling it as it is and telling it like it has never been told” so that...
Jan 21, 2015
Philippe Mellier
The low oil price is expected to benefit the diamond business, De Beers CEO Philippe Mellier has told sightholders. At a reception in Botswana to mark the first 12 months of sightholder sales in Gaborone, Mellier outlined how the downwardly trending oil price could...
Jan 20, 2015
Namibia's transport minister on Tuesday welcomed the first five refurbished locomotives from South Africa to be used by the state's TransNamib enterprise. "TransNamib last September embarked on a turn-around strategy approved by government and this includes...
Jan 19, 2015
Jan 19, 2015
The value of ASX-listed junior Southern Gold’s Cannon project, in Western Australia, has increased by some 50%, the junior said on Monday, buoyed by the recent upturn in the Australian dollar gold price. A feasibility study for the Cannon project estimated that...
Jan 16, 2015
Tenders are invited for selection of independent developers to upgrade, finance, operate and maintain six operational micro hydropower plants, Rwanda 25371969 Email: jatin.a@africagateway.info CD February 12, 2015.
Jan 16, 2015
Shanghai Zendai is well into the first phase of the Zendai Modderfontein development.
 
 
 
 
Jan 06, 2015
After a tough 2014, junior mining companies will no doubt hope the economic headwinds start to recede in 2015. But it is already too late for some, their fates sealed by evaporated treasuries. Many of these companies tried to weather the storm by slashing expenditure...
Jan 06, 2015
ASX-listed metals developer Centaurus Metals has appointed resource financier RMB Resources to arrange for a A$6-million working capital facility to underpin the development of the Candonga iron-ore project, in Brazil. Funds would also be used to support ongoing...
Dec 11, 2014
Independent upstream oil & gas company SacOil has appointed Sasol corporate finance VP Damian Matroos company CFO with effect from February 1, 2015, replacing acting FD Tariro Mudzimuirema, who would return to the position of FM on the same date.  Matroos holds a...
Dec 11, 2014
ASX-listed Northern Minerals was on track to complete the definitive feasibility study (DFS) on its Browns Range heavy rare earths project, in Western Australia, by February next year, the company reported on Thursday. Northern Minerals was hoping for a 2016...
Dec 08, 2014
Multicommodity natural resources company Premier African Minerals has placed an order for a $2.2-million processing plant for its 49%-owned RHA tungsten project (RHA) in Zimbabwe, advancing the miner’s goal of reopening the mine. The process plant was designed to...
Dec 08, 2014
Besides tenders for cruise terminals at the Cape Town and Durban harbours, Transnet National Ports Authority (TNPA) plans to release a series of request for proposals (RFPs) in the coming months for terminal prospects at a number of the country’s commercial ports. As...
Dec 08, 2014
Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced the availability of a new Total Economic Impact™ study that examines the potential return on investment...
Dec 05, 2014
South Africa and China this week entered into several strategic agreements to strengthen bilateral relations, trade cooperation and create sustainable mutual investment opportunities. The two countries signed a five- to ten-year Strategic Programme on Cooperation...
Dec 05, 2014
State-owned electricity utility Eskom is forecasting a dramatic slump in profitability for the full-year to March 31, 2015, with CEO Tshediso Matona indicating that its profit is likely to fall to R500-million in 2014/15 from nearly R7.1-billion in 2013/14. Releasing...
Dec 05, 2014
Business Partners Limited has launch a R150-million Education Fund to provide existing and aspiring entrepreneurs in the educational sector with the risk capital and mentorship required to pursue projects. “Education remains a major challenge in South Africa and has...
 
 
 
 
Nov 28, 2014
The A9 Gaasperdammerweg public-private partnership project has reached financial close.
Nov 24, 2014
Outgoing VWSA MD David Powels
Volkswagen South Africa (VWSA) has named engineer and Volkswagen Group (VWAG) foreign plants production head Thomas Schäfer as its new MD, following the planned deployment of current MD David Powels as president of VW Brazil, from February next year. Schäfer had been...
Nov 21, 2014
Driver training is one of the single biggest interventions that can salvage the tarnished reputation of the transport sector, which is currently seen as a high-risk industry owing to the number of buses and trucks causing carnage on South African roads, says...
Nov 21, 2014
Engineering support services company Babcock Africa, sole importer and distributor of DAF trucks to the Southern African market, announced in October that it had established a dedicated finance company, Babcock Financial Services (BFS). “This development will give...
Nov 21, 2014
Main Activity of the Company: Engineering consulting, construction, maintenance and infrastructure asset management Place of Birth: Akwete, Nigeria
 
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