R/€ = 14.70 Change: -0.05
R/$ = 11.97 Change: 0.00
Au 1317.20 $/oz Change: 2.63
Pt 947.00 $/oz Change: -5.01


AECOM reiterates Africa’s importance as a strategic business region

     20th March 2018 Africa remains a strategic and promising business region for AECOM. While the outlook for the continent remains positive, the integrated infrastructure delivery company is ensuring it has the necessary staff and technical expertise to allow it to capitalise on growth opportunities. In West... 

Small-scale power projects fast becoming part of new wave of electricity generation

     16th March 2018 “A Tale of Two cities”. The dynamic energy landscape of South Africa When one thinks of the current state of the energy industry, the immortal words of iconic author and thespian Charles Dickens come to mind: “It was the best of times, it was the worst of times.” It really is a tale of two cities. 

PEWA to set stage for African energy investment once again

By: Marleny Arnoldi     16th March 2018 With 600-million people in Africa not having access to electricity, the onus is on Power & Electricity World Africa (PEWA) to provide the platform that will encourage investment in infrastructure and grid connection across Africa.  

Waste-to-energy significant to Africa’s energy mix

By: Marleny Arnoldi     16th March 2018 Integrated infrastructure delivery company AECOM says waste-to-energy (WtE) electricity conversion can play a significant role in the future of Africa’s energy mix, providing extra support to fossil-fuel baseload power stations.  

Joint SA-UK research programmes going well

By: Rebecca Campbell     16th March 2018 South Africa is one of the most successful partner countries for the UK in terms of scientific research and technological development. “The scale of [research and development (R&D)] institutional links and Governmental links are enormous,” highlights British High Commission (Pretoria) UK Regional... 

Groupe PSA to assemble Peugeot, Opel vehicles in Namibia

By: Irma Venter     13th March 2018 Groupe PSA has signed an agreement with the Namibia Development Corporation (NDC) to assemble Peugeot and Opel vehicles in Walvis Bay. Groupe PSA is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. 

2018 brings renewed optimism for South African stainless steel industry

By: Simone Liedtke     12th March 2018 This year may break the downward trend of reduced consumption in the South African stainless steel industry, says South African Stainless Steel Development Association (Sassda) director John Tarboton. He notes that stainless steel consumption dropped by about 5.6% in 2017, and that the industry... 

Poultry association says concerned about imported chicken paste

By: African News Agency      9th March 2018 South Africa's poultry producers association said on Friday it was concerned that the country was accepting imports of untested mechanically deboned meat (MDM) into the country even as its neighbours blocked its own processed meat products over a listeriosis outbreak. The association said reports... 

Contract to restart stalled Kenyan transmission project

By: John Muchira     9th March 2018 Kenya has contracted a consortium of Chinese companies to complete the construction of a major transmission line that will evacuate electricity from the Lake Turkana Wind Power (LTWP) project, which stalled in 2016, when the previous contractor, Italian company Isolux Ingeneria, went bankrupt.... 

Kenya plans to electrify Mombasa–Nairobi rail link

By: John Muchira     9th March 2018 Kenya plans to electrify its diesel-powered standard-gauge railway (SGR) line from the coastal city of Mombasa to the capital, Nairobi, as it seeks to cement its position as a regional transports hub. The East Africa nation has since secured $240-million from China Electric Power Equipment &... 

Fund invests in Africa-focused renewables IPP

By: Dylan Slater     9th March 2018 Clean energy infrastructure and resource efficiency investment company Inspired Evolution has signed a deal to invest up to $36-million in independent power producer (IPP) Alten Renewable Energy Developments Africa, which is the sub-Saharan Africa-focused subsidiary of Netherlands-based solar... 

UK dept earmarks £21.4bn for African infrastructure development

By: Marleny Arnoldi     6th March 2018 The UK’s Department of International Trade (DIT) is pledging funding for infrastructure development in Africa, including £4-billion in South Africa, £1-billion in Kenya and £750-million in Nigeria, through export credit agency, UK Export Finance (Ukef).  

ExecuJet adds Bombardier Challenger 350 to its East Africa fleet

By: Marleny Arnoldi     6th March 2018 International business aviation company ExecuJet is expanding its managed fleet in Africa with the addition of a Bombardier Challenger 350 to be based in Nairobi, Kenya.  

Mariam Abdullahi

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

Trade agreement with the EU a boost for Western Cape exports

By: Kim Cloete     1st March 2018 The Economic Partnership Agreement (EPA) between the European Union and six countries in Southern Africa has been a boost for the Western Cape, with strong gains for the wine and fishing industries since it came into effect in October 2016.  The EPA between the EU and the Southern African Customs... 

Bosch completes Hytec takeover, strengthens African operations

By: Schalk Burger     1st March 2018 Industrial technology and equipment multinational Bosch has acquired the remaining 50% stake in Johannesburg-based industrial technology company Hytec. The company had acquired 50% of the Hytec shares in 2014. 

Google lanches new search facility to help job seekers in South Africa, Kenya, Nigeria

By: African News Agency      1st March 2018 Technology giant Google on Thursday announced a new job search facility it said would help job seekers find employment opportunities by providing a streamlined experience that allowed them to explore, research and find relevant local postings. "With unemployment in South Africa so high, this new... 

Reported economic crime in South Africa hits record levels – PwC

By: African News Agency      28th February 2018 South African organisations are reporting the highest instances of economic crime in the world with it reaching its highest level over the past decade, a PwC report released on Wednesday has found. According to the PwC's biennial Global Economic Crime Survey, South African organisations that have... 

Goldplat reports £1.58m H1 operating profit

By: Simone Liedtke     26th February 2018 Aim-listed Goldplat reported an operating profit of £1.58-million for the six months ended December 31, with its Goldplat Recovery operations, in South Africa, performing "exceptionally well" and Kilimapesa Gold (KPG), in Kenya, showing major improvements. Gold Recovery Ghana (GRG), however,... 

Base Resources sees 58% increase in H1 Ebitda

By: Anine Kilian     23rd February 2018 Dual-listed Base Resources has reported a 58% increase earnings before interest, tax, depreciation and amortisation (Ebitda) to $69.3-million for the half year ended December 31, 2017. Sales revenue rose by 28% year-on-year to $115.9-million, achieving an average price of product sold of $407/t,... 

Finland takes top spot for mining-friendly investment 

By: Henry Lazenby     23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... 

African projects require integrated delivery models

By: Nadine James     23rd February 2018 The integrated delivery model is the best means of realising complex, multidisciplinary projects in Africa timeously, says AECOM Civil infrastructure MD Darrin Green. This is primarily because the market in Africa is less mature and project developers frequently have to deal with challenges when... 

Former Old Mutual CEO joins board of mineral sands miner Base

By: Creamer Media Reporter      22nd February 2018 The former CEO of asset manager Old Mutual Investment Group, Diane Radley, has been appointed to the board of ASX- and Aim-listed Base Resources. Radley, whose independent nonexecutive director appointment was effective from February 1, brings significant and diverse African experience to the... 

Ugandan Refugee Turned Entrepreneur Saves Lives With Recycled Soap

     19th February 2018 Renowned Ugandan refugee turned entrepreneur, human rights activist and CNN Hero, Dr. Derreck Kayongo, will be returning to Africa this year to share his inspiring story and recipe for success at the annual SAPICS Conference in Cape Town. Organisers of Africa’s leading event for supply chain... 

South Africa: The Department Of Trade And Industry And The South African Electrotechnical Export Council To Host African Delegation During The 2018 Africa Energy Indaba Conference

     19th February 2018 The Department of Trade and Industry (the dti) through Trade Invest Africa, in partnership with the South African Electrotechnical Export Council (SAEEC) will host a high level delegation from several African countries to participate at the annual Africa Energy Indaba Conference that is set to... 

Projects boding well for geotechnical contractor

By: Marleny Arnoldi     16th February 2018 Specialist geotechnical contractor and subsidiary of Keller Group, Franki Africa, is providing 46 000 Columns with Mixed Moduli (CMM) for the 350 000 m2 Clairwood logistics park construction site project.  

Newly expanded Joburg data centre to serve cloud demand in SA

By: Schalk Burger     16th February 2018 Africa Data Centres, part of pan-African telecoms group Liquid Telecom, has expanded its Midrand-based data centre to a 7 MW, 3 000 m2 carrier-neutral facility to better serve demand for cloud and co-location services in Southern Africa, says Liquid Telecom group CTO Ben Roberts. It has also... 

Global wind energy installations remain above 50 GW - GWEC

By: Simone Liedtke     14th February 2018 Installations in the global wind energy market remained above 50 GW in 2017, with Europe, India and the offshore sector having had record years. The Global Wind Energy Council (GWEC) on Wednesday released its 2017 market statistics, which highlighted a decrease to 19.5 GW for Chinese... 

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... 

Jasco delivers weaker H1 results

By: Natasha Odendaal     12th February 2018 JSE-listed Jasco Electronics on Monday posted weaker first-half financial results as the company faces tough market conditions. For the six months ended December 31, Jasco reported an 81% decline in headline earnings per share (HEPS) to 1.2c and a fall of 68% in earnings per share (EPS) to 2c. 

Global And National Energy Experts Prepare To Attend The 10th Annual Africa Energy Indaba 2018

     12th February 2018 The 10th edition of the Africa Energy Indaba, is the African energy event organised for Africans, by Africans, in Africa.  It is also the regional Africa event of the World Energy Council (WEC) and is strategically partnered with the South African National Energy Association (SANEA), the NEPAD... 

bauma CONEXPO AFRICA supporting program offers a glimpse into topics of the future

By: Creamer Media Reporter      9th February 2018 The supporting program for bauma CONEXPO AFRICA gives both exhibitors and visitors a comprehensive overview of the technologies of the future. The focus will be on networking and communication between specialists from various fields. The African and international construction and mining... 

Smart city initiatives must be ‘part of long-term vision’ – Huawei

By: Schalk Burger     9th February 2018 Using information and communication technologies, and more broadly digital technologies, in cities must be part of long-term, sustained transformative visions to ensure that a city and its systems improve over time, says Huawei Enterprise Government and Public Utility Sector VP Edwin Diender.... 

Turner & Townsend’s Kenyan business to merge with Nairobi-based firm

By: Dylan Slater     6th February 2018 Global project management consultancy Turner & Townsend’s Kenyan business will merge with Nairobi-based project management firm Mentor Management Limited (MML), after Turner & Townsend acquired a majority stake in MML from growth markets investor Actis.  

Paragon clinches three major accolades at SAPSA Awards 2018

     6th February 2018 Paragon won Architecture Firm of the Year and Best Overall Professional Services Firm of the Year, while Founding Director Henning Rasmuss was crowned Architecture Professional of the Year, at the South African Professional Services (SAPSA) Awards 2018, sponsored by Sanlam, at a gala dinner at... 

AfDB boosts ALBC Fund books with R140m loan

By: Megan van Wyngaardt     5th February 2018 To further enhance the African Local Currency Bond Fund (ALCB Fund) portfolio and promote the development of domestic capital markets across the continent, the African Development Bank (AfDB) has approved a loan of R140-million. The senior loan, with a seven-year tenor including a two-year grace... 

Zest WEG Group 

     5th February 2018 The Zest WEG Group has a strong commitment to contributing to the development of the African region, and has been servicing the mining sector on the continent for more than 35 years.  

Multinational initiative stimulating intraregional East African trade

By: Rebecca Campbell     2nd February 2018 The multinational TradeMark East Africa (TMEA) initiative has been bearing fruit and, with its first phase having proved a success, it is now moving into its second phase. TMEA involves Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, and is focused on promoting trade between the... 

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