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Discover the tastes of tomorrow at Africa’s leading food and beverage conference

     26th April 2017 The Food Forum 2017 offers delegates the opportunity to learn and gain professional career credits as Africa’s Big 7 goes international in Johannesburg this June Africa’s premier food and beverage trade show boast a strong line up of key speakers for its exclusive three-day conference in June. 

CIG uncertain about local outlook, but sees growth potential in Africa

By: Megan van Wyngaardt     24th April 2017 Pan-African infrastructure group Consolidated Infrastructure Group (CIG) on Monday posted revenue growth of 29% to R2.7-billion for the six months to February 28, owing to its strategy to expand across Africa’s energy markets. The company further reported a 20% year-on-year increase in its... 

Earn while you learn at Africa’s new retail conference during the continent’s biggest product sourcing expo: SAITEX 2017

     24th April 2017 Trade Buzz 2017 offers delegates an insight into the future of retail & trade across sub-Saharan Africa with recognised career-boosting CPD certification Some of sub-Saharan Africa’s top shopping gurus will be in Johannesburg this June for one of the biggest retail and trade events on the continent. 

Turnkey vacuum solutions from Atlas Copco Vacuum Technique

     24th April 2017 In a move to become a global leader in vacuum solutions, Atlas Copco established Vacuum Technique as a fifth business area on 1st January 2017. Vacuum solutions originally formed part of Atlas Copco Compressor Technique’s product portfolio. Following the vacuum business’s excellent growth over... 

How South Africa is attracting the world’s leading hospitality experts to advise on growth for the next decade

     20th April 2017 Sub-Saharan Africa needs tourism for jobs and investment and a new expo based on one of the world’s most successful brands will bring international experience to Johannesburg in June 2017 Some of the world’s leading experts in hospitality have agreed to appear at the inaugural The Hotel Show... 

Recent political shifts in South Africa could impact on continent’s M&A activity – Baker McKenzie index

By: Megan van Wyngaardt     19th April 2017 Political turbulence and economic uncertainty are becoming the new normal for deal makers; however, the impact on global mergers and acquisitions (M&A) activity has not been as steep as many expected, multinational law firm Baker McKenzie's Cross-Border M&A Index has shown. It noted that while... 

Tourism supports 1 in 10 jobs

By: News24Wire      18th April 2017 Travel and tourism generated 1 in 10 of the world’s jobs in 2016, according to a new report by the World Travel & Tourism Council (WTTC). WTTC’s Economic Impact Report 2017, which is conducted in conjunction with Oxford Economics, researches the economic impact of travel and tourism on a global... 

South African to lead local Ford unit for first time since full reinvestment

By: Irma Venter     14th April 2017 US car maker Ford has announced the appointment of Casper Kruger as Ford Motor Company Sub-Saharan Africa (FMCSA) region MD, as from April 1. Current president and CEO Jeff Nemeth will take up a new position at Ford as part of his planned return to the US on July 1, states the company. 

TSX slips with financials; gold miners and Bombardier shine

By: Reuters     12th April 2017 Canada's benchmark stock index ended barely lower on Tuesday as financial stocks weighed, while a flight to safety helped gold miners and shares of Bombardier Inc jumped on reports it was discussing a merger of rail operations with Siemens. Gold prices jumped to a fresh five-month high and bond... 

Richards Bay plant to make pearly whites from industrial slag

By: African News Agency      11th April 2017 It’s hard to avoid references to a phoenix while thinking about a deal being inked on Tuesday that will turn industrial waste into a pearly white pigment … and put hundreds of people to work. A technology partnership between Johannesburg-based Nyanza Light Metals and Avertana of New Zealand will... 

Gold edges up as geopolitical worries spur safe-haven buying

By: Reuters     11th April 2017 Gold edged up on Tuesday as rising political tensions over North Korea and the Middle East buoyed safe-haven demand for the metal. Spot gold was up 0.2% at $1 256.36/oz by 03:07 GMT, while US gold futures rose 0.3% to $1 257.90/oz. 

South Africa’s cloud adoption lagging rest of the world, report shows

By: Schalk Burger     7th April 2017 Networking specialist firm F5 Networks ‘State of App Delivery 2017’ report indicates that 41% of companies in Europe, the Middle East and Africa will continue to invest in private cloud technologies and services this year, although South Africa’s cloud adoption is lagging significantly behind... 

African airline capacity up 2.3% y/y in February

By: Megan van Wyngaardt     6th April 2017 African airlines achieved strong growth in passenger traffic of 7.1% year-on-year in February, the International Air Transport Association (Iata) said on Thursday. This mainly reflected the upturn on the key route to and from Europe, offsetting struggles in the region’s biggest economies, Nigeria... 

Air Seychelles starts flights to Durban

     3rd April 2017 Today, the Province of KwaZulu-Natal welcomed the inaugural flight of Air Seychelles to Durban’s King Shaka International Airport.   Air Seychelles will be flying a twice-weekly non-stop service on Thursdays and Saturdays, connecting Durban and the Seychelles' capital Mahé, using an Airbus A320... 

Online platform advances sustainability in global sugar supply chain

By: Robyn Wilkinson     31st March 2017 Sugar cane organisation Bonsucro launched Bonsucro Connect in January – a new cloud-based technology platform that will enable its global web of members to connect with one another to verify the sustainability standard of their sugar cane and streamline the global sugar supply chain. 

After crippling cost overruns, Toshiba's Westinghouse files for bankruptcy

By: Reuters     29th March 2017 Toshiba Corp's US nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, just three months after huge cost overruns were flagged, as the Japanese parent seeks to limit losses that threaten its future. Bankruptcy will allow Pittsburgh-based Westinghouse, once... 

Nemeth to depart Ford SA, Toyota’s Kruger appointed new MD

By: Irma Venter     29th March 2017 US car maker Ford has announced the appointment of Casper Kruger as Ford Motor Company Sub-Saharan Africa (FMCSA) region MD, as from April 1. Current president and CEO Jeff Nemeth will take up a new position at Ford as part of his planned return to the US on July 1, states the company. 

Saudi Arabia to build three fly farms, says AgriProtein

By: Irma Venter     28th March 2017 The Kingdom of Saudi Arabia is to host the Middle East’s first fly farm, following the completion of a licensing deal between Saudi technology hub Sajt and waste-to-nutrient group AgriProtein. 
The agreement signals the start of a new industry for the region, namely the commercial-scale... 

DTI optimistic about R4bn titanium beneficiation project in Richards Bay IDZ

By: African News Agency      27th March 2017 The launch of a new R4-billion titanium beneficiation project for manufacturing titanium pigment at the Richards Bay Industrial Development Zone (IDZ) next month is a significant and commendable milestone in South Africa’s mineral beneficiation and industrialisation paths, Trade and Industry... 

Authorities help to curb counterfeit car part imports

By: Marleny Arnoldi     24th March 2017 The South African Police Service (SAPS), the Department of Trade and Industry (DTI) and the South African Revenue Service’s Customs offices are committed to reducing the number of imported counterfeit spare parts for motor vehicles, says law firm Spoor & Fisher. 

Peugeot vehicles to be assembled in Kenya

     24th March 2017 French multinational automotive manufacturer General Motors and Peugeot-Citroen (PSA Group) and motor dealer Urysia Limited Authorised Peugeot Dealers, will begin in June with supplying a yearly volume of over 1 000 Peugeot units in order to meet the expectations of the Kenyan market.  

Smart tyre for future urban fleets designed

     24th March 2017 Tyre manufacturer Goodyear unveiled the Goodyear IntelliGrip Urban concept tyre at the Geneva International Motor Show 2017, in Switzerland, on March 7.  

Partnership aims to build 25 fly farms a year

By: Irma Venter     17th March 2017 Austria-based engineering group Christof Industries has partnered with waste-to-nutrient company AgriProtein to build up to 25 fly farms a year. AgriProtein rears fly larvae (on an industrial scale) on organic waste and harvests the larvae to make natural, high-protein animal feed products.  

Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) – second window, South Africa

By: Sheila Barradas     17th March 2017 An update on the Renewable Energy Independent Power Producer Procurement Programme – second window 

Smart projectors being used to enrich meetings and lessons

By: Schalk Burger     17th March 2017 Smart projectors that enable users to interact directly with the images and videos displayed are increasingly being used in commerce and education to make meetings and lessons rich and collaborative, says electronics multinational Epson Europe, Middle East, Africa and Russia Visual Instruments... 

Zambia agreement seen paving way for further solar power solutions

By: Dylan Slater     17th March 2017 The government of Zambia last month signed a second mandate with Scaling Solar, an initiative of the World Bank Group, which is helping developing countries procure low-cost, privately financed, solar power.  

Dubai’s CSP price cap seen driving technology’s competitiveness 

By: Terence Creamer     16th March 2017 A leading developer of concentrated solar power (CSP) projects in Africa and the Middle East believes the price cap proposed by the Dubai Electricity and Water Authority (DEWA) for an upcoming CSP project could add significant impetus to improving the technology’s cost competitiveness, which may... 

Anglo's future thrown in question as billionaire grabs stake

By: Bloomberg     16th March 2017 In its 100-year history, Anglo American Plc has endured commodities booms and busts, South African apartheid and bitter boardroom disputes. Now the British mining giant is threatened by the ambitions of Anil Agarwal, an Indian scrap-metal trader turned billionaire mining tycoon. In a surprise... 

EOH posts strong interim results

By: Anine Kilian     15th March 2017 JSE-listed EOH reported a 21% year-on-year increase in revenue to R7.24-billion for the six months ended January 31, while net profit increased by 29% year-on-year to R597-million. Earnings a share and headline earnings a share grew by 23% and 22% respectively. 

South Australian magnetite consortium finds possible offtake partner

By: Esmarie Swanepoel     13th March 2017 ASX-listed Magnetite Mines has announced the signing of a sale and purchase letter of intent (LOI) between the South Australian Magnetite Consortium and a non-Chinese steelmaker for the purchase of one-million tonnes a year of iron-ore concentrate for pelletising purposes. The South Australian... 

SYSPRO Appoints New MD for Africa

     10th March 2017 Global ERP provider SYSPRO has appointed Mark Wilson as the new MD for Africa effective January 2017. He has over 20 years of professional experience within the IT industry, having held various executive roles including, FD, MD and VP positions in the Middle East, India and Africa. Mark’s... 

Forging market for automotive application to be valued at $56-billion by 2022

     10th March 2017 Market research company Zion Market Research has published a new report highlighting that the global steel forging market for automotive applications was valued at $41.77-billion in 2016 and is expected to reach $56-billion in 2022, growing at a compound annual growth rate (CAGR) of 5.1% between... 

Laas sees German group’s interest in M&R as ‘an opportunity, not a threat’

By: Irma Venter     10th March 2017 Murray & Roberts (M&R) CEO Henry Laas views ATM Holding’s acquisition of a 25.5% shareholding in M&R, as “an opportunity, not a threat”. “I’m pretty relaxed about what is happening.” 

Status change for Kenya airport opens way for direct flights to the US

By: John Muchira     10th March 2017 Kenya’s Jomo Kenyatta International Airport (JKIA) has been granted Category 1 status by the US Federal Aviation Administration (FAA), paving the way for airlines to operate direct flights between JKIA and airports in the US. This followed a meticulous assessment by the FAA and other US agencies. 

Water scarcity increases need for water treatment chemicals

     10th March 2017 South Africa's growing water scarcity and infrastructure inadequacy are projected to lead to to an escalation in the need for effective water treatment chemicals, notes market research company Frost & Sullivan. The company notes that a rise in environmental awareness has accelerated the move away... 

Africa’s Biggest Coatings Show Entrusted To Major Global Expo Organisers

     9th March 2017 Leading international exhibitions organisers, dmg events - Middle East, Asia & Africa, will in June next year stage Coatings for Africa 2018, the largest event for its industry on the continent. Coatings for Africa – the longest-running coatings event in Africa - is jointly presented by the SA... 

Global experts to assess market conditions and outlook for gold at 2017 Dubai Precious Metals Conference

     7th March 2017 Sixth annual conference to explore challenges and opportunities facing precious metals sector across key markets including China, India, Middle East and Turkey. Despite a challenging performance towards the end of last year, precious metals gained 11.71% over 2016, driven by economic volatility... 

New General Manager for Maptek EMEA and CIS operations

     3rd March 2017 Maptek is pleased to announce that James Moncrieff has been appointed General Manager to lead our operations across Europe, Middle East, North Africa and CIS. A part of the Maptek family for 13 years, Moncrieff was until recently managing the Maptek I-Site reseller distribution network in Asia... 

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