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Electra Mining Botswana attracting top names and industry support

     26th June 2017 Leading local and international suppliers to the mining, industrial and power generation sectors have embraced the business growth opportunity that Electra Mining Botswana presents in the region. Komatsu Botswana, Atlas Copco Botswana, Hansen & Genwest, Cummins SA, Phoenix Contact, Worley Parsons... 

Norman Seymore

     23rd June 2017 This week we feature Norman Seymore, CEO of Chryso Southern Africa and abe Construction Chemicals, as well as executive VP of Chryso Group, responsible for Africa and the Middle East. The group specialises in construction chemicals and construction systems   

Carpentaria weighing expanded Hawsons project

By: Esmarie Swanepoel     22nd June 2017 The demand for ASX-listed junior Carpentaria Exploration’s Hawsons supergrade product has significantly increased, with Taiwanese conglomerate Formosa Plastics Group increasing its uptake. Formosa has now increased its nonbinding letter of intent to purchase Hawsons supergrade product from... 

MB Crushers Distribution To Q-Fab In Qatar

     21st June 2017 The italian company has confirmed exclusive agreement with the leading company in Qatar MB Crusher has appointed Q-FAB - Qatar Welding & Fabrication Supplies – as exclusive distributor for Qatar. “We’re very pleased to have confirmed this agreement – underlines Najmeddine Sahraoui, MB Crusher... 

One billion rand boost for the agriculture production sector to be revealed during South Africa’s premier food expo

     21st June 2017 Trade & Industry Minister Rob Davies will reveal full details of the new dti Agro-processing Support Scheme at a special presentation at Africa’s Big 7 next week The Department of Trade & Industry (dti) has chosen Africa’s premier food and beverage event to announce its one billion boost for... 

Cape Town plant to build Cobra kit car for local, export markets 

By: Irma Venter     21st June 2017 Automotive Investment Holdings (AIH) has partnered with Les Hayden to industrialise Hayden Cobra kit car production in South Africa. Hayden started Cobra replica sports car production in South Africa in the 1980s with the Shamrock Cobra. He produced around 500 kits for the local and export markets. 

Industrial IoT helping to streamline complex operations

By: Schalk Burger     16th June 2017 Industrial Internet of Things (IIoT) solutions are helping to reduce the complexity and management of industrial automation systems and making industrial operations more visible, controllable and resilient, says industrial systems availability firm Stratus Technologies Africa and Middle East... 

New era in large satellite propulsion marked by recent launch

By: Keith Campbell     16th June 2017 The world’s first high-power satellite employing an all-electrical propulsion system, Eutelsat 172B, has been successfully launched from Kourou in French Guiana, manufacturer Airbus Defence and Space announced on June 2. The new satellite will provide broadcast, in-flight broadband, and improved... 

South African farmers position themselves for macadamia boom

By: Bloomberg     16th June 2017 Booming demand for macadamias is transforming farmland in eastern South Africa, as landowners switch focus from bananas and sugarcane to the creamy nuts used in sweet treats from ice cream to cookies. First introduced in South Africa in the 1960s, evergreen macadamia nut trees are grown on farms... 

World enters an era of 'geopolitical recession'

By: Natasha Odendaal     15th June 2017 The world has entered into its first year of "geopolitical recession" since World War Two, where there is a total downturn in politicians being able to deliver to a global scale, resulting in what has been dubbed a G-Zero – a world without leadership and a world characterised by a “growing vacuum... 

Global business aviation group offering drone services in Africa

By: Keith Campbell     14th June 2017 Worldwide business aviation company ExecuJet announced on Tuesday that it has added unmanned air vehicle (UAV) services to its activities at its African bases (Johannesburg, Cape Town and Lagos). The company will, however, be able to deploy UAVs to any place in the continent, to meet customers’... 

Why engineers from across sub-Saharan Africa will head for the Western Cape in July

     12th June 2017 Cape Town is the hub of the oil, gas & petrochem sector for sub-Saharan Africa and the city hosts Oil & Gas 2017, a three-day conference and expo. Engineers are being invited to Cape Town this July for Oil & Gas 2017 with its unique three-day conference, with presentation on issues from fracking... 

Water, water everywhere . . .

By: Terry Mackenzie-hoy     9th June 2017 A year ago, we had electricity load-shedding and now, in the Western Cape, we may have water-shedding. There is a very very serious water shortage in the Western Cape. There is a website that gives updates on the steady decline of the dam levels. At the time of writing, the dams were 19.7 % full,... 

Afrox appoints new CFO

By: Creamer Media Reporter      8th June 2017 JSE-listed African Oxygen (Afrox) has appointed Matthias Vogt CFO and executive director, effective August 1. He will succeed Dorian Devers, who will step down as CFO on July 31. 

McDonald’s rolls out first revamped restaurant

By: Anine Kilian     7th June 2017 Food and beverage giant McDonald’s South Africa unveiled its first newly built, revamped restaurant at Stoneridge shopping centre, in Johannesburg on Wednesday. The R10-million flagship Stoneridge rebuild is the first of its kind in the fast food major’s Middle East and African markets. 

Gold makes run toward $1 300 as risk flares from UK to Mideast

By: Bloomberg     7th June 2017 Gold’s taking aim at $1 300 an ounce. The metal has rallied to the highest since November as investors position themselves for the outcome of the UK election and potential drama of former FBI Director James Comey’s testimony, while also tracking tensions in the Middle East. Bullion for immediate... 

Bell, Kobelco forge Southern African excavator alliance

By: Anine Kilian     7th June 2017 Earthmoving equipment dealer Bell Equipment has signed an agreement with Japanese excavator specialist Kobelco Construction Machinery for the exclusive distribution and support of the Kobelco range of excavators in the Southern African region. Bell will complement its extensive product range by... 

Jitters push Treasury yields, dollar to 7-month lows

By: Reuters     6th June 2017 US Treasury yields and the dollar dropped to seven-month lows on Tuesday and world stocks slid as political uncertainty from the US to Britain and the Middle East pushed investors away from risky assets. The yen and gold also gained amid prevailing caution as an Arab rift opened up around Qatar,... 

Ford invests R125m in conveyor system for Silverton plant

By: Megan van Wyngaardt     6th June 2017 While concerns were raised about the state of investment into the local vehicle manufacturing industry, after General Motors’ decision to exit the country in May, the Ford Motor Company of Southern Africa (FMCSA) has invested more than R125-million to upgrade its 3 000-m vehicle conveyor system... 

CONCO’s success gained in SA renewable energy market opens doors

     6th June 2017 CONCO, Africa’s largest power infrastructure service provider with 30 years’ Africa-wide experience in transmission, distribution and power infrastructure development, has successfully completed the electrical balance of plant for over nine wind farms and four solar photovoltaic (PV) parks in... 

Datatec sells Westcon to US-based Synnex in $830m deal

By: Natasha Odendaal     6th June 2017 Dual-listed Datatec has sold 100% of its technology distribution division Westcon-Comstor North America and Latin America operations and 10% of Westcon International to NYSE-listed Synnex for $800-million and $30-million respectively. The aggregate $830-million consideration comprises payment of... 

ISSA Joins CleantexPulire to Expand African Market Value

     5th June 2017 Organisers of the CleantexPulire exhibition, e-squared publications (E2) and ISSA, the worldwide cleaning industry association, have announced a joint ownership agreement to collaboratively administer and promote future events. The agreement aims to reinforce and enhance this established African... 

Full range of corrosion control products available in Southern Africa

     2nd June 2017 Corrosion control product supplier JST International’s (JST’s) cathodic protection and impressed current cathodic protection systems and corrosion resistant pipe supports product ranges have been expanded to include the full range of corrosion control coatings and wrappings in Southern Africa. 

ASSA ABLOY Announces Acquisition Of Inhep Electronic Holdings (Pty) Ltd

     30th May 2017 ASSA ABLOY has signed an agreement to acquire Inhep Electronics Holdings (Pty) Ltd, the leading manufacturer and distributor of intrusion detection products in Sub-Saharan Africa, from Metier, an African private equity fund manager. Through this acquisition, ASSA ABLOY SA plans to further expand... 

G7 leaders turn gaze to Africa, climate harmony elusive

By: Reuters     29th May 2017 Leaders of the Group of Seven wealthy nations met African heads of state on Saturday, the final day of their annual summit which has been marked by discord over climate change, but unity on tackling terrorism. Italy had hoped to make Africa the major focus of the annual G7 gathering, holding the... 

Liquid appoints new CEO for Neotel

By: Creamer Media Reporter      26th May 2017 Pan-African telecoms group Liquid Telecom has appointed Kyle Whitehill CEO of its newly acquired subsidiary Neotel. Liquid fully concluded its R6.55-billion buyout of Neotel in February, with plans to focus on delivering enhanced network services to enterprises and consumers. 

Westcon-Comstor Southern Africa Appoints CEO

     25th May 2017 Westcon-Comstor Southern Africa, a value-added technology distributor of category-leading solutions in Security, Collaboration, Networking, Cloud and Data Centre, has announced that it has appointed Rakesh Parbhoo as CEO of WestconGroup SA, effective 1st August 2017.    Parbhoo will replace Guy... 

General Motors rebuffs allegations of acting in bad faith

By: African News Agency      25th May 2017 General Motors (GM) on Wednesday rebuffed allegations that it had acted unilaterally without consulting trade unions about its disinvestment from South Africa and the resulting imminent retrenchments. This comes after GM announced last week that it was disinvesting from South Africa and that it... 

Adcorp posts significant loss owing to labour law changes

By: Megan van Wyngaardt     24th May 2017 Management consultancy company Adcorp’s shares fell as much as 8% on Wednesday morning to R10.80 a share, from Tuesday’s close of R11.74 a share, after it posted a headline loss a share of 27.9c for the year ended February 28. Its normalised earnings a share decreased by 76% year-on-year to... 

Datatec confident of improvements after modernisation hits FY17 financial results

By: Natasha Odendaal     22nd May 2017 Dual-listed Datatec is confident of improving its performance as it enters the final stages of the modernisation programme of subsidiary Westcon-Comstor that had significantly dragged the group’s financial performance in the year ended February 28. Over the last few years, the information and... 

India, Japan to push for One Belt, One Road counter at AfDB conference 

By: Ajoy K Das     19th May 2017 India will unleash its highest level of economic diplomacy at next week’s African Development Bank (AfDB) conference in the western city of Ahmedabad, with the aim of setting quantifiable targets of international economic and trade cooperation between the continents in a bid to counter China’s... 

Andrew Kendrick

     19th May 2017 This week we feature Andrew Kendrick, MD of Goscor Access Rentals, a provider of access rental services   

Deal opens way for new liquid bulk handling facility at the Port of Ngqura

By: Irma Venter     19th May 2017 Transnet National Ports Authority (TNPA) and Oiltanking Grindrod Calulo (OTGC) in May signed an agreement in Port Elizabeth that will see OTGC plan, fund, construct, maintain and operate a new liquid bulk handling facility at the Port of Ngqura, in the Eastern Cape. The facility’s concept... 

Why the future of Africa’s water and oil sectors is a key focus of INDUTEC 2017

     15th May 2017 From pumping systems designed in a 3D virtual world to the world’s biggest pipe producer – for three days this week Johannesburg is home to cutting edge innovation. Africa’s leading industrial technology and supply expo INDUTEC 2017 opens its doors at 10am on Wednesday (May 17). INDUTEC is also... 

Australian Mines constructs demonstration plant in Perth

By: Esmarie Swanepoel     15th May 2017 Junior Australian Mines has started construction on a A$2-million demonstration size cobalt-nickel-scandium processing plant for its Sconi and Flemington projects, in Queensland and New South Wales. Once operational, the plant will result in Australian Mines being one of the only emerging cobalt... 

Banks warned of ATMs being infected remotely by malware

By: Schalk Burger     12th May 2017 Cybersecurity multinational Kaspersky Lab advises banks in the Middle East, Africa and Turkey to check random-access memory (RAM), network and registry logs to determine whether the fileless ATMitch malware is present. The ATMitch uses in-memory malware to infect banking networks. This malware is... 

Incahoots

     12th May 2017 Incahoots is a boutique search firm comprising a dynamic team of experienced consultants that provides the right candidates for middle- to senior-level management positions for corporates and blue-chip multinationals across South Africa, the rest of Africa and the Middle East. Established in... 

Datatec FY earnings expected to drop on poor Westcon performance

By: Natasha Odendaal     11th May 2017 A worse-than-expected performance from subsidiary Westcon-Comstor has dragged the earnings of information and communication technology group Datatec for the year ended February 28. The JSE-listed group expects to report double-digit decreases in earnings for the period under review, with headline... 

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