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Topic - Maputo
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May 14, 2015
One of the biggest crane and hoist companies in the world, Konecranes, recently opened a branch in Dollar Drive in Richards Bay. Konecranes was established in Finland over 100 years ago and now serves a broad range of customers on 54 countries, including...
May 14, 2015
The humble airline meal could be one of the first things to get the boot as South African Express attempts to recover from a massive R206-million net loss. The airline‚ which last year requested a government guarantee to secure a loan‚ presented its 2013/14 financial...
May 14, 2015
Trans-Africa Projects (Pty) Ltd (TAP), Fluor’s joint venture company with ESKOM, recently played a pivotal role in the emergency repair operations in Mozambique following floods caused by torrential rains earlier this year. More than 100 people were killed and 150...
May 08, 2015
Developing liquefied natural gas (LNG) facilities at the coastal village of Palma, in Mozambique, will likely facilitate a real gross domestic product (GDP) increase for the country of 800% by 2035, with the government receiving in excess of $200-billion in receipts...
Apr 14, 2015
An idyllic and convenient location, combined with excellent facilities and service, are on offer for conferences and events held at the newly renovated Southern Sun Maputo Hotel, which is now the largest hotel in the Mozambican capital. The Tsogo Sun hotel went...
Apr 09, 2015
The number of South African investors aiming to tap into the potentially lucrative African property market is on the rise, according to the Knight Frank Africa Report 2015. Driving this trend is a demographic statistic set to be one of the most important world...
Mar 27, 2015
The project involves the dredging of the Maputo port to allow access for fully laden Panamax vessels with a draft of 14.2 m.
Mar 27, 2015
EMPOWERMENT Peaceful Ndlovu is Tongaat Hulett's youngest black economic empowerment land reform growers
JSE-listed agroprocessing company Tongaat Hulett has formed a partnership with the Umfolozi Technical and Vocational Education and Training College, in KwaZulu-Natal. This resulted in four of the college’s engineering students being placed at the Felixton mill to...
Mar 20, 2015
Mar 17, 2015
Mar 13, 2015
Feb 25, 2015
 
 
 
Feb 13, 2015
Engen, a leading African energy multinational, has continued its robust investment programme on the continent with the construction of a third petroleum products terminal in Mozambique. The 24 000m³ depot will supply petrol, diesel and lubricants to the main hubs in...
Feb 13, 2015
N4 UPGRADE PROJECT The 22-month-long refurbishment is set for completion in July 2016
Murray & Roberts Infrastructure (MRI), a division of engineering, procurement and construction management major Murray & Roberts Group, has been awarded a 22-month contract by Trans African Concessions (Trac) to upgrade the N4 toll road connecting South Africa to...
Dec 12, 2014
FAZEL MOOSA The benefit of any form of infrastructure is the value that it adds to the community around it
Financial services provider Investec says it has gained invaluable experience through its funding of a Mozambican power generation project, the Kuvaninga Energia project, which reached financial close in December 2013 and is scheduled for commercial operation in the...
Dec 02, 2014
Murray & Roberts Infrastructure has been awarded a 22 month contract by Trans African Concessions for upgrade work on the strategically vital N4 toll road connecting South Africa with Mozambique. The N4 toll road stretches for 570 km from the Solomon Mahlangu off...
Dec 02, 2014
South African Airways (SAA) is adding additional frequencies to its network, which will substantially increase air services on some of its key African routes. “The additional capacity injection answers the commercial mandate of SAA’s Long-Term Turnaround Strategy,...
Nov 24, 2014
Research, strategy and investment advisory firm, Frontier Advisory, hosted an informative session on November 12, 2014, in which it discussed the challenges and opportunities present in Mozambique where the discovery of a resource boom has sparked great global...
Nov 21, 2014
Nov 21, 2014
A $5.45-million plant to assemble Hyundai light motor vehicles was officially opened by outgoing Mozambican President Armando Guebuza on November 6. Located in the town of Matola in Maputo province, the plant has been erected by the Somyoung consortium, which is a...
Nov 14, 2014
STEELPOORT, Mpumalanga – The Lion ferrochrome smelter owned and operated by the Glencore Merafe Chrome Venture, uses 37% less electricity than conventional ferrochrome processes to produce the equivalent volume of ferrochrome. In addition, the smelter needs far less...
Nov 05, 2014
 
 
 
 
Nov 04, 2014
Parker Hannifin signs distribution agreement for Africa with Oilserv Group Etoy, 24. October 2014 – Parker Hannifin, the global leader in motion and control technologies has just signed a strategic agreement with Oilserv Group, which will ensure the distribution of...
Oct 31, 2014
Public–private partnerships (PPPs) and concessions are effective means through which road infrastructure can be developed, and the private sector can play important roles in road infrastructure projects, says business law and litigation firm Fasken Martineau partner...
Oct 28, 2014
The start of manganese sinter sales over the six months ended August 31, led to diversified commodities trader Metmar lifting its turnover by 11% to R1.03-billion for the period. However, a general decline in commodity prices, such as those for manganese and...
Oct 17, 2014
Hotel group Carlson Rezidor currently holds the largest hotel pipeline in Africa with 30 hotels and 6 300 rooms under development. The hotel group develops and operates Radisson Blu in the upper upscale segment and Park Inn by Radisson in the mid-market segment. With...
Oct 10, 2014
A month-long maintenance dredging at the quays of the Port of Maputo started last month, during which State-owned Transnet National Ports Authority’s (TNPA’s) new Italeni dredging vessel will be used.
Oct 01, 2014
CoAL CEO David Brown
A national debate is needed to discuss ways of lowering the high cost of railing bulk commodities like coal, says Coal of Africa Limited (CoAL) CEO David Brown. The London-, Sydney- and Johannesburg-listed CoAL plans to produce nearly seven-million tons of saleable...
Sep 26, 2014
KEY SERVICES PROVIDER DRS Mozambique has been rendering site-wide smelter services to the aluminium industry, which include pot delining and relining
Owing to the continuous expansion of its specialised services in the aluminium industry, local furnace and industrial services company Dickinson Group of Companies has registered a 60% increase in business from this industry in the past 20 years. “We can now offer...
Sep 05, 2014
Freight and logistics service provider Grindrod is disposing of its financial services arm, Grindrod Financial Holdings, also known as Grindrod Bank, because it is no longer “part of its core strategy”, says CEO Alan Olivier. He says the JSE-listed group is working...
Sep 05, 2014
I am confident that you have read the paper by Per Bak, titled How Nature Works: The Science of Self-Organized Criticality, which was published by Copernicus in 1996. Or not, perhaps.
Sep 01, 2014
Representing its biggest single order to date, Babcock is in the process of delivering 133 new DAF XF105.460 FTT 6x4 truck tractors to Ngululu Bulk Carriers, a company  involved in the logistics and transporting of raw and beneficiated mining commodities, mostly for...
 
 
 
 
Aug 29, 2014
Transnet Freight Rail and Swaziland Railway have struck a deal with South African landowners regarding the rail link project.
Aug 27, 2014
Matola Coal Terminal
ASX-, Aim- and JSE-listed Coal of Africa Limited (CoAL) has reached a $10-million agreement with Grindrod subsidiaries Grindrod Corridor Management and Terminal de Carvão da Matola for the settlement of historic and future liabilities relating to CoAL’s take or pay...
Aug 26, 2014
As rail transporters Transnet Freight Rail (TFR) and Swaziland Railway take the Swaziland Rail Link project, which was expected to eliminate non-coal traffic on the export channel from the Mpumalanga coalfields to Richards Bay, into the feasibility front-end loading...
Aug 25, 2014
A delegation of 29 export-ready companies supported by the Department of Trade and Industry (DTI) have arrived in Maputo, Mozambique, to showcase South African products and services at the fiftieth Jubilee of the Feira International de Maputo (Facim) Fair between...
Aug 22, 2014
Newco CEO-designate Graham Kerr (right) and Martin Creamer
The assets that BHP Billiton plans to hive off into a new standalone global diversified metals and mining company generated sales revenue last year of close to $10-billion. In the last ten years, the commodities of the proposed new company South32 enjoyed an earnings...
Aug 21, 2014
Freight and logistics service provider Grindrod was disposing of its financial services arm, Grindrod Financial Holdings, also known as Grindrod Bank, because it was no longer “part of its core strategy”, said CEO Alan Olivier on Thursday. Speaking at the company’s...
Aug 15, 2014
BHP Billiton CEO Andrew Mackenzie
Major South African asset classes have failed to make the cut in BHP Billiton’s latest portfolio remake announcement. Aluminium and manganese have been excluded by implication in BHP Billison's selection of iron-ore, copper, coal – with coking coal the likely...
Aug 08, 2014
Tsogo Sun’s Southern Sun Maputo has reopened after a four-month hiatus, during which the hotel underwent a $30-million expansion and makeover. The project entailed the addition of 111 rooms, a 120-seat conference centre and the expansion of the restaurant, lobby and...
Aug 08, 2014
The project involves the design, construction, operation and maintenance of a new gas-fired power plant in Maputo.
Jul 28, 2014
Delta International has embarked on a programme that would see the recently reverse-listed property fund potentially acquire $250-million of assets across Africa. The Africa-focused group raised more than $87-million through a private placement to kick-start its...
 
 
 
 
Jul 28, 2014
The African continent has become a key area of growth for the Chryso Southern Africa Group, says Luis Ferreira, Business Development Manager of Chryso Southern Africa. Ferreira says the major need for infrastructure in Africa has created vast potential business for...
Jun 30, 2014
Fluor Corporation recently established its Mozambique office in Maputo to support its current projects and its existing offices in the region. Fluor believes Mozambique will substantially grow its economy and human development in coming years. In line with this,...
Jun 27, 2014
GREG McKENZIE It was a complex set of terms we provided GPR Leasing, which set out the basis on which the funding would be made available
Freight and logistics services provider Grindrod Freight Services partnered with infrastructure investment company Pembani-Remgro-Infrastructure Fund to form Mauritius-based rolling stock leasing company GPR Leasing Africa, in January. Financial institution Rand...
Jun 17, 2014
Transnet Freight Rail (TFR) has shut down some rail lines leading from Witbank and Phalaborwa to the ports of Richards Bay and Maputo from June 12 to 23 for yearly maintenance. The closure of the lines has affected traffic along the N4 highway between Ngodwana and...
Jun 13, 2014
International Monetary Fund (IMF) MD Christine Lagarde has reaffirmed that sub-Saharan Africa should grow by about 5.5% this year and attract a record $80-billion in investment. However, she warned in a recent speech delivered in Maputo, Mozambique, that there was an...
 
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