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Deloitte grows for fourth consecutive year, reporting US $32.4 billion in revenue

By: Creamer Media Reporter      16th September 2013 Deloitte grows for fourth consecutive year, reporting US $32.4 billion in revenue - Increased demand from clients for all services created growth across all businesses and regions - Growth in consulting and other advisory services was particularly strong - Priority markets contributed nearly... 

MAN restructures in SA, Du Plessis returns as executive chair

By: Irma Venter     16th September 2013 MAN Truck & Bus South Africa (SA) last week announced the fifth leadership change at the company since 2008, by returning the business to the hands of former CEO Geoff du Plessis. Du Plessis made his return as executive chairperson, with Bruce Dickson remaining as CEO. 

Ressano Garcia emerges as hub in trinational interim power deal

By: Samantha Herbst     13th September 2013 Temporary power and temperature control solutions provider Aggreko officiated its power purchase agreement (PPA) with Namibian power utility NamPower at the unveiling of Phase 2 of its Ressano Garcia gas-fired power plant at Gigawatt Park, in Mozambique, last month. The $200-million expansion... 

Business in Africa: Lafarge shares insights

By: Creamer Media Reporter      12th September 2013 “Lafarge is a well established, experienced building materials producer on the African continent”, was the clear message to a gathering of 70 key South African construction and engineering industry leaders at the prestigious ‘Lafarge in Africa’ breakfast seminar 

Aggreko expands Moz-based power plant to supply midtier power to Namibia  

By: Creamer Media Reporter      12th September 2013 From Creamer Media in Johannesburg, this is the Real Economy Report. Temporary power solutions provider Aggreko has officially launched Phase 2 of its cross-border interim power project at Gigawatt Park, in Ressano Garcia, Mozambique.  

Belgium company to launch new steel products in SA

     6th September 2013 Belgium-based steel plate manufacturer NLMK Clabecq says its presence at bauma Africa is the perfect example of how a Southern African distributor, in this case South Africa-based steel distribution and processing company Duferco Distribution Services, can work hand in hand with a key foreign... 

Many projects in pipeline for oil refiner

     6th September 2013 Multinational energy company Chevron Corporation executives said at the company's annual security analyst meeting in March, in New York, that the company is continuing to deliver industry-leading operational and financial results and progressing key development projects. "We had an outstanding... 

Epicor Steadily Expanding African Footprint

     5th September 2013 The world has seen many changes since the economic slump which brought with it an entirely new stance on how to remain profitable and keep ahead of competitors. Having a good product or service no longer guarantees success. You need to relook at how you do business, maximize productivity and... 

Cloud Computing Gaining Traction as Benefits Become Irresistible

     5th September 2013 According to the IDC, CIOs in the EMEA (Europe, Middle East and Africa) region acknowledge the benefits of cloud infrastructure and nearly 47% of CIOs in Africa are already engaged in cloud strategy of some kind.  Part of this trend of moving towards cloud computing is the adoption of SaaS... 

JV signed to build R2bn Saldanha Bay crude oil facility 

By: Irma Venter     4th September 2013 Oiltanking Grindrod Calulo Holdings (OTGC), a subsidiary of Germany’s Oiltanking group, and Mining, Oil and Gas Services (MOGS) on Wednesday announced a joint venture (JV) agreement to construct a R2-billion commercial crude oil storage and blending terminal at the Saldanha Bay port. The terminal... 

Aggreko plant expanded to supply midtier power to Namibia, Mozambique

By: Samantha Herbst     30th August 2013 Temporary power and temperature control solutions provider Aggreko officiated its power purchase agreement (PPA) with Namibian power utility NamPower at the unveiling of Phase 2 of the gas-fired power plant at Gigawatt Park, in Ressano Garcia, Mozambique, on Thursday. The $200-million expansion... 

Group Five hopes restructuring will lift margins

By: Irma Venter     23rd August 2013 JSE-listed construction company Group Five has reported net profit of R299-million for the financial year ended June 30, reversing a R230-million loss recorded in 2012. Revenue from contiuing operations was up 27% to R11.13-billion. With almost all of the group’s problem contracts in the Middle... 

Junior miners to benefit from AAMIG co-op deal

     21st August 2013 Australian junior miners operating in Africa were set to benefit from a newly minted cooperation agreement between the Australia-Africa Mining Industry Group (AAMIG) and the Department of Agriculture and Food, Western Australia (DAFWA). “This relationship will directly benefit African mining and... 

Delivery company upgrades cargo fleet

     16th August 2013 Global express delivery company TNT Express upgraded its Southern Africa cargo fleet in June this year as a result of a significant deal with industrial services and retail group Imperial Group to increase its capacity for both national and cross-border transportation of cargo, including large,... 

Necsa cancels retrenchments in light of turnaround

By: Keith Campbell     16th August 2013 The South African Nuclear Energy Corporation (Necsa) has achieved a turnaround of more than R100-million in just one financial year, from a deficit of R75-million at the start of 2012/2013 to a surplus of R29-million at the end of 2012/2013. As a result, a planned programme of retrenchments has... 

SA State-owned defence group seeks much bigger role in Africa

By: Keith Campbell     16th August 2013 South African State-owned defence industrial group Denel is developing its strategy for Africa, which has been identified as a potential major market (in addition to the Middle East, South East Asia and Latin America). The group can supply customers with a wide range of both products and... 

Group Five back in the black as it records R299m profit

By: Irma Venter     12th August 2013 JSE-listed construction company Group Five on Monday reported net profit of R299-million for the financial year ended June 30, reversing a R230-million loss recorded in 2012. Revenue from contiuing operations was up 27% to R11.13-billion. With almost all of the group’s problem contracts in the... 

Aeroponics a cost-effective solution for grazing

By: Zandile Mavuso     9th August 2013 A R13.8-million aeroponics barley sprout grass growing system is being supplied by South African manufacturer Qwik-Gro to the Sheikh of Qatar, in the Middle East and is expected to partially feed about 17 000 livestock with the initial production of 40 t of fresh barley grass sprout fodder a day. 

2013 set to be a milestone year for the A400M 

By: Creamer Media Reporter      8th August 2013 From Creamer Media in Johannesburg, this is the Real Economy Report. This year is a big year for the Airbus Military A400M military transport aircraft programme, which involves South African industry. 

Manufacturers Fail to Realize the Importance of ERP’s Role in Customer Experience

     6th August 2013 Epicor Sponsored Survey Reveals Gap: “Only 9% of leading companies have fully realized the importance of creating a customer-oriented culture and process workflows”  

Interactive Intelligence reports second-quarter 2013 financial results

     6th August 2013 Total orders up 115 percent from 2012 second quarter Cloud-based orders quadruple and were 64 percent of total orders Total revenues up 39 percent to $76.2 million Interactive Intelligence Group Inc. a global provider of software and services designed to improve the customer experience, has... 

Denel to strengthen Africa focus as it increases exports

By: Keith Campbell     2nd August 2013 Public Enterprises Minister Malusi Gigaba has instructed the board of State-owned Defence industrial group Denel to develop a strategy to increase its sales in Africa. He pointed out that the government wanted Denel to be a global player, including supplying South Africa and Africa.  

Oil abounds globally, but SA faces uncertainty

By: Saliem Fakir     2nd August 2013 Each day, more oil is discovered and the earth seems to spew more of the stuff, mocking the peak oil pundits and adding to the anxieties of climate change watchers. However, increasing supply through conventional and unconventional sources does not suggest that those who do not have the resource... 

TransCanada to build $12bn Energy East pipeline

By: Henry Lazenby     1st August 2013 Regional energy infrastructure developer and operator TransCanada on Thursday announced that it would proceed with its proposed 1.1-million-barrel-a-day Energy East pipeline that would transport crude oil from Western Canada to Eastern Canadian refineries and export terminals. The Conservative... 

South Africa shines at global customer service awards

     31st July 2013 Two South African companies have won recognition at the Interactive Intelligence ‘Interactions 2013’ global conference at Indianapolis in the US. Proving that South Africa is at the forefront of innovation in the international contact centre arena, African Bank won the Global Ambassador of the... 

SAP, Kenya unite to upskill ICT students

By: Natasha Odendaal     26th July 2013 Enterprise application software group SAP, Kenya’s Ministry of Information and Communications Technology (ICT) and Multi Media University have partnered to deliver an ICT skills training programme. The parties on Friday launched a six-week training module covering technology, business, finance... 

Major planemaker creates support facilities in SA and Ethiopia

By: Keith Campbell     26th July 2013 Canadian major aircraft manufacturer Bombardier Aerospace (part of the Bombardier Incorporated) recently announced in Johannesburg that has opened a Regional Support Office (RSO) for Africa, at Lanseria International Airport, north west of the city. It furthermore announced its intention to set... 

European aircraft maker looks for markets beyond its home base

By: Keith Campbell     19th July 2013 European aircraft manufacturer Airbus Military does not see its home continent as its major market in the coming years. “Europe will not be the driver of our sales and the driver of our strategy in the years to come,” company head of light and medium aircraft and derivatives programmes Rafael... 

Saab Grintek Defence seeks partner for high-tech protection system

By: Keith Campbell     16th July 2013 South African defence company Saab Grintek Defence, with its Swedish parent group, Saab, is actively seeking a partner to help finish the development of its cutting edge Land Electronic Defence System (Leds) 150 self-defence system for armoured vehicles. Leds 150 is an active defence system.... 

Africa’s aviation ambitions being constrained by poor safety record

By: John Muchira     12th July 2013 Hopes for significant growth of Africa’s aviation industry could be dashed by the poor safety records of most of the continent’s airlines. 

Can SA steel fabricators remain competitive in Africa?

By: Chantelle Kotze     12th July 2013 To remain competitive in the African market, South African structural steel fabricators must ensure they add more value to steel products and move away from the current commodity model, which is based on supplying ex-works fabricated products. 

Major planemaker creates support base in South Africa

By: Keith Campbell     10th July 2013 Canadian major aircraft manufacturer Bombardier Aerospace (part of the Bombardier group) announced in Johannesburg on Wednesday that it is opening a Regional Support Office (RSO) for Africa, at Lanseria International Airport, north-west of the city. It, furthermore, announced its intention to set... 

IMF revises SA growth downward to 2% for 2013

By: Idéle Esterhuizen     9th July 2013 The International Monetary Fund (IMF) revised South Africa’s forecast growth for this year down to 2% in its latest World Economic Outlook (WEO), marking a fall of 0.8% from the fund’s April forecast. Projections for the country’s economic growth in 2014 was also revised downward by 0.4% to 2,9%. 

SAA, Etihad start codeshare services

By: Natalie Greve     9th July 2013 Following regulatory approval, South African Airways (SAA) has initiated codesharing services with United Arab Emirates’ (UAE) national carrier Etihad Airways, which enables both carriers to offer codeshare and interline services to key destinations on each airline’s route network. Under the... 

African aviation market has lots of potential, despite challenges

By: Keith Campbell     5th July 2013 African commercial aviation faces both great opportunities and great challenges. “There’s a lot more hope, a much more positive attitude, around Africa,” affirmed Athena Aviation managing partner Sudeep Ghai at the recent Aviation Outlook Africa 2013 conference in Sandton, Johannesburg. (Athena... 

Food Security Advocate

By: Tracy Hancock     28th June 2013 Carl Moyo, sub-Saharan Africa regional director of DuPont, speaks to Tracy Hancock of Engineering News about his journey from a milking stool, in Zimbabwe, to climbing the corporate ladder in South Africa Being a teacher would have sufficed for science-based products and services company DuPont... 

African aviation market has lots of potential

By: Keith Campbell     25th June 2013 African commercial aviation faces both great opportunities and great challenges. “There’s a lot more hope, a much more positive attitude, around Africa,” affirmed UK-based airline consultancy Athena Aviation managing partner Sudeep Ghai on Tuesday at the Aviation Outlook Africa 2013 conference in... 

Company Announcement: Standard Bank named Sustainable Bank of the Year

By: Creamer Media Reporter      14th June 2013 Standard Bank has been acknowledged by the Financial Times as the Sustainable Bank of the Year award for Africa and Middle East. The announcement was made at a function in London last night 

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