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Food & drink technology Africa—the success continues

     23rd September 2016 Over 40 percent increase in participant numbers Leading networking and knowledge platform for the beverage and food industry in Africa 20 percent more exhibition space Food & drink technology Africa (fdt Africa) is continuing its success story. The most important sector event for the food and... 

Cash costs plunge below $700/oz at AngloGold’s Mponeng mine

By: David Oliveira     23rd September 2016 Mponeng gold mine, near Carletonville, in the North West, currently the world’s deepest mine, was one of the lowest-cost producers in South Africa during the first half of 2016, states South African gold mining major AngloGold Ashanti in its earnings report for the six months ended June 30,... 

Commission’s ports probe to place spotlight on Transnet’s economic impact

By: Mia Breytenbach     23rd September 2016 State-owned logistics company Transnet, which owns all commercial ports in South Africa and is the sole operator of the country’s container and automotive terminals, has naturally had a major influence over port operations and terminal handling charges. However, that role and dominance have often... 

Coega positions itself as energy mix hub

By: Nadine James     23rd September 2016 A growing number of manufacturing opportunities have been created and sustained through the approach of diversifying the energy mix in the Eastern Cape, which has seen the development of several energy investment projects worth more than R3.5-billion. The Coega Industrial Development Zone (IDZ)... 

Commission’s ports probe to place spotlight on Transnet’s economic impact

By: Mia Breytenbach     23rd September 2016 State-owned logistics company Transnet, which owns all commercial ports in South Africa and is the sole operator of the country’s container and automotive terminals, has naturally had a major influence over port operations and terminal handling charges. However, that role and dominance has often... 

Limpopo’s proposed SEZ attracts R40bn investment

     23rd September 2016 A significant investment is already expected to be injected into the proposed Musina-Makhado Special Economic Zone (SEZ) - a boost for the energy and metallurgical industries. A consortium of Chinese investors led by Hong Kong Mining Exchange, will be investing more than R40-billion into an... 

Oceanwide Logistics Opens In South Africa – Expanding Company’s Growing Global Network

     22nd September 2016 Comprehensive Sea/Air/Land Freight and Logistics Solutions Offered Across South Africa from Durban Headquarters OL International Holdings LLC (OL International) today announced the launch of Oceanwide Logistics SA (Pty) Ltd (OL South Africa) with the opening of its newest office in Umhlanga,... 

St Helena Airport development

By: Sheila Barradas     22nd September 2016 An external expert has been appointed to review the process that has resulted in delaying in the starting of the air services to St Helena Airport. 

Ex-limo firm, billionaires bet on iron-ore with mines, M&A

By: Bloomberg     22nd September 2016 The global iron-ore market is awash with supply and prices remain volatile, but a former Chinese limousine rental service and a billionaire New Zealand family are among producers and developers wagering new mines will be needed. Their focus is Western Australia, the industry heartland in the... 

Plans to make Wonderboom airport a logistics airfield

By: News24Wire      21st September 2016 The City of Tshwane is looking at the possibility of turning the Wonderboom airport into a full logistics airport to assist in creating job opportunities in the city, mayor Solly Msimanga says. “We are now doing a study in terms of what can be done to convert our airport into a full logistics... 

FA 07 Refineries are quite sophisticated

     20th September 2016 Valve makers are increasingly targeting refineries outside of Europe. Energy efficiency is decisive for the competitiveness of refinery operators and their valve suppliers. Refineries always are in operation, and simply cannot be replaced. Traffic can only flow with their products, namely petrol... 

Vale says rail delay limits new iron-ore mine output to 75mt

By: Reuters     20th September 2016 Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was... 

Rolfes’ Bragan acquisition leads to major profit increase  

By: Anine Kilian     19th September 2016 JSE-listed chemicals manufacturer Rolfes Group’s acquisition of Bragan Chemicals – an importer and distributor of speciality products in the food and beverage, pharmaceutical and cosmetics industries –helped the company achieve a 91% increase in headline earnings, from R41-million to R79-million,... 

Women in Logistics: Harnessing the Opportunity to Drive Sustainable Growth

     19th September 2016 In recent years, several major studies have demonstrated that having more female leaders, board members, managers and supervisors leads to better business outcomes including higher levels of productivity, safety and improved financial returns. More specifically, research referenced in the 2009... 

IoT – exposure everywhere

     19th September 2016 The adoption of IoT technologies is set to broaden the risk exposure consumers and enterprises face, driving a need for new legislation, more layers of security and increased awareness, says Fortinet. The arrival of Internet of Things technologies might not significantly change the mode of attack... 

PRASA deal's European 'BEE' partner, arms deal links

By: News24Wire      16th September 2016 A Swiss consulting firm, whose owner had been named in a corruption probe in Italy, may have received at least R4-million thanks to its bizarre BEE stake in PRASA's R51-billion tender for new passenger coaches. Last week, News24 revealed that JSE-listed technology firm EOH had paid R16.5-million... 

Private equity in Africa loses its shine

By: Reuters     16th September 2016 Major private equity firms have seen a number of top management departures in Africa, individuals familiar with the matter said, as the funds grapple with investments hurt by a weak economy. US firm Carlyle, Standard Chartered and emerging market-focused Actis have all seen a change of top... 

KPC finds rail solution for Kazakhstan potash projects

By: Esmarie Swanepoel     16th September 2016 ASX-listed explorer Kazakhstan Potash Corporation (KPC) has inked a framework agreement with the national rail operator that would look to integrate the transportation requirement of the company’s potash projects for shipment through to China into the Kazakhstan national railway network. KPC CEO... 

Cooling solution to negate need for owning refrigeration plants

By: Sebastian Whyle     16th September 2016 Leading energy solutions provider Energy Partners in June launched its new refrigeration solution, which enables clients to buy low-cost cooling without having to buy or maintain a refrigeration plant.  

Natural refrigerant trailer unit unveiled

     16th September 2016 Container refrigeration equipment provider Carrier Transicold will introduce a prototype natural refrigerant trailer unit as well as a new generation of engineless transport refrigeration systems at the 2016 Internationale Automobil-Ausstellung (IAA) show, an international trade fare for... 

Amplats takes another step towards fuel cell realisation

By: Martin Creamer     15th September 2016 In the latest step towards the potential adoption of zero-emission fuel cell technology on a large scale, platinum mining company Anglo American Platinum (Amplats) on Thursday announced an investment in a company engaged in small-scale gas-to-liquids technology that converts flare gas, natural... 

Invertek’s variable frequency drives heading to Athens

     15th September 2016 Automation Experts, Invertek’s sales partner for Greece and Cyprus, is to demonstrate the firm’s variable frequency drives at Syskevasia 16 which is being held in Athens from October 8 to 11. Invertek’s P2 and E3 drives will be on show at “Reference Point” – the 15th International Packaging,... 

Paramount showcases new infantry fighting vehicle at AAD

By: Dylan Slater     15th September 2016 South Africa-headquartered defence and aerospace platform manufacturer Paramount Group this week unveiled, for the first time in Africa, its high-mobility 8 X 8 infantry fighting vehicle (IFV), the Mbombe 8, during the Africa Aerospace & Defence (AAD) 2016 exhibition, held at Airforce Base... 

Transnet to sue Futuregrowth 

By: African News Agency      15th September 2016 Transnet CEO Siyabonga Gama revealed in Parliament on Wednesday that the South African parastatal intends to sue Futuregrowth Asset Management for damages. Briefing Parliament’s portfolio committee on public enterprises, Gama said Transnet had written to Futuregrowth demanding an apology for its... 

Echo Polska lists on JSE, taps investors into central Europe market

By: Megan van Wyngaardt     13th September 2016 Warsaw-based real estate investment fund Echo Polska Properties (EPP) on Tuesday started trading on the main board of the JSE under the name PolskProp. EPP’s portfolio comprises six office and ten retail projects across the European country, with a gross lettable area (GLA) exceeding 424 216 m2.... 

Industry leaders attending the DMCC Precious Metals Forum in Accra, call on airlines and associations to ban the hand-carriage of gold

     13th September 2016 Over 130 industry delegates descended on Ghana’s capital Accra on 7 September, to attend DMCC’s second Africa Dubai Precious Metals Forum held at the Kempinski Hotel.   Government ministers, regulators, mining industry professionals, security experts, airlines, logistics facilitators and... 

ARM keen to do more in platinum 

By: Martin Creamer     9th September 2016 Diversified mining company African Rainbow Minerals (ARM), which has reached agreement to increase its holding in the Two Rivers platinum mine to 54%, is keen on enlarging its overall platinum base still further. The Two Rivers mine on the eastern limb of the Bushveld Complex achieved record... 

Barloworld launches rooftop solar solution at Isando premises

By: Anine Kilian     9th September 2016 In an effort to go green, global logistics solutions provider Barloworld recently launched a high-performance 300 kWp photovoltaic solar rooftop solution at its Barloworld Equipment premises in Isando, Gauteng. This solution is expected to reduce Barloworld’s impact on the environment and improve... 

Grindrod reports some interest in locomotive unit despite weak market

By: Irma Venter     9th September 2016 A depressed commodities market continued to takes its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared with... 

Truck, tyre and logistics shows to share stage with Automechanika 2017

By: Irma Venter     8th September 2016 Next year’s Automechanika Johannesburg trade fair for the automotive aftermarket, taking place at the Johannesburg Expo Centre from September 27 to 30, will also play host to three new, related shows. The new shows are Futuroad Expo, Scalex Johannesburg, and REIFEN. 

Aurecon strengthens manufacturing client focus in Africa

     8th September 2016 Stephan Kotze has been appointed to the newly created role of Client Director Manufacturing − Africa. The appointment forms part of global engineering and infrastructure advisory company Aurecon’s ongoing growth strategy in South Africa and the rest of the African continent. Strong leadership is... 

Newly launched R200m valves factory to take advantage of local content requirements

By: Anine Kilian     7th September 2016 Danish valves manufacturer AVK Valves Southern Africa has officially launched its R200-million valves manufacturing facility in Alrode, Gauteng, with the manufacturer being the first in its sector to seek to take full advantage of the Department of Trade and Industry’s (DTI's) local content... 

BMW SA’s global IT hub to add 220 more hi-tech jobs as auto industry evolves

By: Irma Venter     7th September 2016 BMW Group South Africa (SA) aims to expand its IT Operations Centre, at the company’s Rosslyn plant, as well as its SAP Shared Services Centre (SSC), in Pretoria East, to employ a combined total of more than 600 people by 2017. The SAP SSC currently employs 200 specialists, with a target of 320... 

Growing urbanisation the impetus for Daimler Trucks’ electric ambitions

By: Irma Venter     2nd September 2016 It’s quite surprising to see a heavy truck tiptoe rather than brawl its way across the tarmac. The truck in question is the proto- type Mercedes-Benz urban eTruck. The ‘e’ stands for electric, which means there is none of the familiar noisy acceleration, engine vibration, braking or diesel... 

Apps poised for lasting impact on transport and logistics

     2nd September 2016 While the current wave of app development is relatively new and the platforms still evolving, business system solutions provider Strato IT Group MD Cassie Lessing expects apps to continue to disrupt various industries, adding that the potential benefits for logistics and transportation are... 

Gestamp 2 solar project, Egypt

By: Sheila Barradas     2nd September 2016 The project entails the construction of a 20 MW photovoltaic plant. 

Ghana oil refinery showing signs of profitability

     2nd September 2016 Recent reports demonstrate that Tema Oil Refinery (TOR) – Ghana’s only oil refinery –  has begun showing signs of profitability after seven years of stagnation. The refinery posted a profit of $800 000 from its operations from February 16 to April 20, a development described by market... 

Growing urbanisation the impetus for Daimler Trucks’ electric ambitions

By: Irma Venter     2nd September 2016 It’s quite surprising to see a heavy truck tiptoe, rather than brawl its way across the tarmac. The truck in question is the prototype Mercedes-Benz urban eTruck. The ‘e’ stands for electric, which means there is none of the familiar noisy acceleration, engine vibration, braking, or diesel... 

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