R/€ = 15.90 Change: -0.01
R/$ = 14.08 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61


Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

Israel seeks early re-tender of mining rights to shore up Dead Sea

By: Reuters     13th August 2018 The Dead Sea is shrinking at the rate of about a meter a year, leaving behind deserted beaches and sinkholes in a slow-motion environmental disaster. The main culprit is the drying up of the Jordan river, its main tributary, as communities upstream draw on it for farming and drinking. But... 

Canada’s Nutrien sells equity position in Arab Potash

By: Mariaan Webb     23rd July 2018 Canada’s Nutrien, created through the merger of Agrium and Potash Corporation of Saskatchewan, on Monday announced the sale of its 28% interest in Arab Potash (APC) to China’s SDIC Mining and Investment for $502-million. The sale followed last month’s auctioning of its remaining stake in Chile... 

Corruption, healthcare and blockchain on the agenda at Supply Chain conference

30th May 2018 Africa’s leading knowledge sharing and networking event for supply chain professionals kicks off in Cape Town on 10 June. With supply chain issues increasingly in the spotlight in South Africa - from the education department’s alleged oversupply of sanitary towels in schools, to the Estina Dairy... 

Congo’s Ebola Outbreak Highlights Dire Need To Improve Healthcare Supply Chains, Says Professional Body

22nd May 2018 The vaccine distribution challenges being faced by role players currently racing to prevent an Ebola epidemic in the Congo highlight the increasingly critical need for improvements in Africa’s healthcare supply chains, according to Mungo Park, president of SAPICS – the Professional Body for... 

Paramount in talks to boost Saudi arms industry

By: Reuters     2nd May 2018 South African defence company Paramount Group is in talks with the Saudi Arabia government to establish production facilities in the kingdom, its chairman said on Monday. Saudi Arabia, one of the world's largest arms buyers, is seeking international partners to develop its manufacturing... 

Global wind body sees South African market returning to ‘full health’ in 2018

By: Terence Creamer     25th April 2018 The Global Wind Energy Council (GWEC) expects the South African wind market to return to “full health” in the coming year, following more than two years of uncertainty. The council’s latest Global Wind Report, which deals with market developments for 2017, notes that the South African renewable... 

Southern African Supply Chain Association Joins Global Initiative To Transform Public Health Supply Chains

23rd April 2018 Leading Southern African supply chain association SAPICS has been appointed a board member of “People that Deliver”, a global initiative that aims to improve health outcomes by promoting sustainable workforce excellence in health supply chain management. “We are very proud to have this... 

WEF 2018 meeting to feature record number of world leaders

By: African News Agency      18th January 2018 A record number of heads of state, government and international organisations, as well as leaders from business, civil society, academia, the arts and media, are set to attend the World Economic Forum’s (WEF) 48th annual meeting taking place in Davos-Klosters, Switzerland, from January 23 to 26.... 

NMC a 63 percent blacked owned and fully transformed construction company

3rd October 2017 The NMC Construction Group is underpinning a proud 34-year heritage, with an exceptional reputation as a designer and builder of industrial, commercial and infrastructure projects, through its new executive chairman, Phila Jordan whose 51 percent stake has lifted BEE ownership to 63 percent. So... 

Giant miner vies with Google, GE, for hires amid automation push

By: Bloomberg     22nd September 2017 Rio Tinto, the world’s second-largest mining company, is focused as much on driver-less trucks and automated drills as conventional shovels and loaders these days. That means it needs a whole lot more high-tech workers. The London-based company is stepping up efforts to lure engineers and... 

Mafraq I solar photovoltaic power project, Jordan

By: Sheila Barradas     21st July 2017 The project is one of four solar schemes awarded in the second round of Jordan's solar independent power producer initiative. 

Mafraq I solar photovoltaic power project, Jordan

By: Sheila Barradas     9th June 2017 The 50 MW solar PV plant is expected to reduce Jordan’s carbon footprint by more than 80 000 t/y of carbon dioxide. 

Tafilah Wind Farm project, Jordan

By: Sheila Barradas     19th May 2017 The project entails the construction of a 49.5 MW wind farm. 

Laptop bomb threat is real and expect restrictions to go global

By: Keith Campbell     31st March 2017 Just about 15 months ago, on February 2, 2016, a suicide bomber detonated a bomb onboard an Airbus A321 airliner of Daallo Airlines some 15 to 20 minutes after it took off from Mogadishu Airport. The bomb blew a roughly one square metre hole in the aircraft’s fuselage. Fortunately, it had been... 

WTO trade facilitation agreement comes into force 

By: Megan van Wyngaardt     24th February 2017 Having received four more ratifications for the Trade Facilitation Agreement (TFA), the World Trade Organisation (WTO) has now obtained the two-thirds of acceptances needed from its 164 members to bring the TFA into force, which could boost global trade by up to $1-trillion each year, with the... 

Ralph Mills

20th January 2017 This week we feature Ralph Brian Mills, CEO of Paramount Advanced Technologies, a company involved in system integration and mission systems for the defence, land, air, sea and security sectors   

The impending trade facilitation agreement

By: Riaan de Lange     16th December 2016 Two years ago, December 12, 2014 to be exact, my last column for the year was simply titled, ‘Trade facilitation’, and now again, my final column for 2016 is devoted to trade facilitation - the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) that is. This time around, however,... 

IFC study finds climate pact helped open up $23tn in emerging market opportunities

By: Creamer Media Reporter      8th November 2016 A study released on Tuesday by the International Finance Corporation (IFC), a member of World Bank Group, shows that the historic global agreement on climate change adopted in Paris last year helped open up nearly $23-trillion in opportunities for climate-smart investments in emerging markets... 

Terex Trucks haul deep in Jordan

11th August 2016 Longstanding customer COMEDAT puts Terex Trucks’ rigid dump trucks to work in phosphate mines in Jordan. With a partnership that dates back to the 1970s, Jordan’s largest phosphate mining contractor, COMEDAT, is using 90 Terex Trucks machines across three sites to mine phosphate in the north and... 

Construction on the largest solar field in S Africa to start in 2017

29th July 2016 Norwegian power producer Scatec Solar plans to start construction by mid-2017 on three new adjacent solar projects in Upington, in the Northern Cape, which will form the largest solar field in South Africa and one of the biggest in the world with a combined peak capacity of 258 MW. 

Hussein thermal power station (HTPS) – power generation project, Jordan

By: Sheila Barradas     22nd July 2016 The decommissioning period will coincide with the construction and operational phases of the proposed project. 

Solar may grow sixfold by 2030

By: Bloomberg     1st July 2016 The amount of electricity generated using solar panels stands to expand as much as sixfold by 2030 as the cost of production falls below competing natural gas and coal-fired plants, according to the International Renewable Energy Agency. Solar plants using photovoltaic (PV) technology could... 

Al-Rajef wind farm project, Jordan

By: Sheila Barradas     1st July 2016 The wind farm will feed electricity directly into the Ma'an grid. 

South Africa seen as attractive market amid surging global solar PV deployment

By: Terence Creamer     23rd June 2016 A new study assessing the future role of solar photovoltaics (PV) in the global electricity system suggests that the technology’s installed base could grow to between 1 760 GW and 2 500 GW by 2030 and identifies South Africa as among the most attractive markets for deployment. Solar PV capacity... 

South Africa edges up a notch in competitiveness

By: Natasha Odendaal     10th June 2016 South Africa’s competiveness has inched back to its former ranking at number 52 in the Institute for Management Development’s (IMD’s) competitiveness index for 2016, recovering from its one-ranking slip to 53 in 2015. Presenting the IMD World Competitiveness Yearbook 2016 on Friday, Productivity... 

Wärtsilä enters the solar energy business

By: Dylan Slater     6th May 2016 Complete life cycle solutions company Wärtsilä is entering the solar energy business by offering utility-scale solar photovoltaic (PV) solutions.  

Middle East, North Africa on mining periphery despite hosting 30% of the world’s minerals 

By: Ilan Solomons     15th April 2016 Despite hosting more than 30% of global mineral reserves, the Middle East and North Africa (MENA) region severely lacks exploration and resource development investment. The region’s mining industry is facing several challenges, such as social and environmental pressure from communities living... 

Ost Engages With Lenders And Ipps At 2gw Egyptian Pv Site

23rd February 2016 OST Energy, a leading technical advisor for wind, solar and energy storage initiatives, is working with a number of major international development finance institutions and independent power producers to provide lender’s engineering and due diligence services at the 2GW Ben Ban solar PV... 

South African astronomer to get Edinburgh Medal

By: African News Agency      8th February 2016 Kevin Govender will become the first South African to receive a Medal at the 2016 Edinburgh International Science Festival next month, the National Research Foundation announced on Monday. Govender’s contribution took shape through the creation and practical establishment of the IAU office in... 

Obama calls Zuma to discuss meat and the Middle East

By: News24Wire      13th November 2015 US President Barack Obama made a phone call to President Jacob Zuma this week to discuss meat imports and the shooting in Jordan that left one South African dead, among other issues. "The presidency confirms the communication released by the White House about the telephone conversation between... 

Corporate Mentorship Programmes Key To Bridging Skills Gap Amongst Young Engineers

12th October 2015 The current trend in the South African engineering sector appears to be one of rapidly transitioning young engineers into management and leadership positions without them having the necessary experience that comes from years of working on projects. This is the view of Vernon Joubert, General... 

SA slips further in economic freedom – index 

By: News24Wire      14th September 2015 Continuing a steady decline, South Africa has slipped from forty-second place in 2000 to ninety-sixth in the latest global index which measures economic freedom. The country ranks ninety-sixth out of 157 countries and territories included in 2013, according to the Economic Freedom of the World:... 

Royal Bafokeng Nation hosts second annual East West and Africa Women’s Forum in Phokeng, Rustenburg

8th September 2015 Under the Patronage of Her Majesty the Queen Mother of The Royal Bafokeng Nation, Dr. Semane Bonolo Molotlegi, Royal Bafokeng Nation today welcomed a delegation of female leaders from around Africa, the Middle East and the West, to the second annual East West and Africa Women’s Forum in Phokeng,... 

Micromega Company Set To Roll Out Smart Metering In The Middle East

2nd September 2015 Utility Systems, of which JSE-listed MICROmega Holdings Ltd is the majority shareholder, is South Africa’s premier supplier of water management devices and smart water metering technology, using Standard Transfer Specification pre-payment devices. Established in 2001, the Durban-based company... 

Leaders in water and development gather in Stockholm to discuss world’s water crises

19th August 2015 Stockholm (19 August 2015) – World leaders, water experts and development professionals will meet in Stockholm 23-28 August to seek solutions to the world’s several escalating water crises. This year, World Water Week is held under the theme Water for Development. The role of water for... 

Building Energy and SES SMART Energy Solutions to install the first off-grid temporary hybrid plant in Saudi Arabia

15th July 2015 Building Energy, Italian independent power producer from renewable sources, will team up with SES SMART Energy Solutions, a leading rental power provider in the MEA region, to develop the first on-field temporary hybrid plant, in the Eastern Province of Saudi Arabia. The 14 MW diesel-solar plant,... 

Two 50 MW solar plants to be built in Egypt

By: Megan van Wyngaardt     29th June 2015 Italian independent renewable-energy power producer Building Energy has signed a memorandum of understanding with Egypt’s New & Renewable Energy Authority for two 50 MW, $200-million, photovoltaic (PV) plants, in Benban, Upper Egypt. The plants, which would be built in 2016, were expected to... 

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