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Hannans says third party conducting due diligence at Swedish project

By: Creamer Media Reporter      27th February 2014 ASX-listed Hannans said on Thursday that a third party was granted an exclusive right to conduct a due diligence on its Rakkuri iron project, near Kiruna, in Sweden. The period of exclusivity ends on September 1. Hannans said it had received interest from “a number” of parties regarding... 

Denel Tells Parliament Of Its ‘Transition From Good To Great’

     26th February 2014 Denel’s successful financial turnaround and its strong record of delivery on major products and projects in support of South Africa’s national defence will feature prominently in its presentation to Parliament today. “We are telling Parliament about the achievements of a state-owned-company that... 

Fujitsu to Support Dynamic Expansion Plans at Dubai’s Modern Bakery

     26th February 2014 News facts: Modern Bakery to gain real-time insight into relevant business data with the SAP HANA platform running on Fujitsu infrastructure Integrated platform to help provide streamlined sales, financial and other business processes Modern Bakery’s decision shows that Fujitsu’s solutions for... 

MTN eyes African business expansion in a ‘new world’ of business

By: Natasha Odendaal     25th February 2014 MTN Business has entered an “exciting” era as the telecommunications group shifts from being a predominantly mobile operator to becoming an end-to-end integrated technology solutions provider in a “new world” of business. MTN aimed to distinguish its rapidly evolving enterprise business unit from... 

Spike in interest in oil and gas exploration

By: Kim Cloete     24th February 2014 Interest in oil and gas exploration, both offshore and onshore, in South Africa is set to spike over the next five years, with improvements in technology and a need for an alternative to the unstable Middle East providing more opportunities locally, says Petroleum Agency SA (Pasa). Pasa resource... 

IPP Peaking Projects scoop top honours

     21st February 2014 Investec secures second African Power Deal of the Year award for 2013 Another South African energy deal took the limelight this year at the Euromoney Project Finance Magazine awards held in London on 20 February as the Department of Energy’s large scale independent power producer Peaking Projects... 

Global group has sector with urban focus

By: Keith Campbell     21st February 2014 With the world’s top 600 cities (with populations of 600 000 or greater) responsible for more than 50% of the world’s gross domestic product (GDP), urban infrastructure is a major focus for German-based global engineering and technology group Siemens. “This is one of the fastest growing sectors... 

Heat Meter Wins International Design Award

     18th February 2014 The new heat meter, MULTICAL 302, designed for individual energy metering in blocks of flats, has been awarded with the prestigious iF Product Design Award 2014 for its design that “impressed the jury consisting of experts and renowned designers from all over the world.” The heat meter has been... 

Catalytic converter industry ‘dying’, platinum tax possible saviour - Naacam 

By: Irma Venter     17th February 2014 Magneti Marelli South Africa is closing its doors. The Gauteng-based catalytic converter manufacturer, family of the Italian Magneti Marelli conglomerate, will halt production at the end of February, and shut down finally at the end of April. 

Altaaqa Global wins ‘Power Project of the Year’ at Middle East Electricity Awards

     17th February 2014 Altaaqa Global, as a global temporary power and energy solution specialist, recently won ‘Power Project of the Year’ for its Yemen power project and was highly commended for its role in innovation. Dubai, UAE: Altaaqa Global CAT Rental Power has recently received the award for ‘Power Project of... 

Times 3 Technologies Clinches Sage National Solution Provider of the Year Award

     17th February 2014 During the recent annual Sage Insights Conference that was held at Champagne Sports Resort in the Drakensberg, Times 3 Technologies walked away with the National Solution Provider of the Year award. This is the highest recognition awarded by Sage ERP Africa for excellence in development, sales... 

Fortinet sounds the alarm on social media-driven malware and offers tips on safer social media consumption

     17th February 2014 Fortinet predicts a spike in malware proliferation via social media networks. The global leader in high-performance network security has revealed that deceptive links being shared via social media networks are increasingly the weapon of choice in the spread of malicious software (malware) between... 

Bengal Tiger Line starts new import connection from Colombo to Krishnapatnam Port Container Terminal

     13th February 2014 Krishnapatnam Port Container Terminal has sailed in to a new frontier with the addition of Bengal Tiger Line’s new Colombo feeder service (BOX-2) from KPCT.  This new fixed day weekly service has a port rotation of Colombo - KPCT - Chennai and had its maiden call on February 7, 2014 with vessel... 

Sage ERP recognises AccTech Systems as one of its finest

     12th February 2014 For the thirteenth year in a row, AccTech Systems has been awarded Premier Business Partner status by Sage ERP Africa. With Sage Business partners across Africa and the Middle East, the status as Premier Partner is awarded annually to only a handful of implementation partners focusing on Sage 300... 

Tawana appoints in-country manager for Mofe Creek project

By: Leandi Kolver     11th February 2014 ASX-listed Tawana Resources on Tuesday announced that it had appointed Peter Connery in-country manager for the development of its 100%-owned Mofe Creek iron-ore project, in Liberia. The company said Connery’s appointment was an important step in Tawana’s continued growth as it transitioned from... 

Retail revenues continue to increase despite economic woes

     11th February 2014 South African Companies remain in step with the growth of international retailers as five local retailer operations make it into the Deloitte global ‘Top 250 retailers’ list. Times may be tough and household budgets stretched, but that does not mean that South Africans are staying away from... 

JA Solar Module Performance in Extreme Environments Certified by China Quality Certification Center

     11th February 2014 JA Solar is the first solar company to receive such certification from CQC JA Solar Holdings Co., Ltd., one of the world's largest manufacturers of high-performance solar power products, today announced that the performance of the Company’s solar modules in extreme environments has been certified... 

Asia-Pacific needs 11,000 aircraft over the next 20 years

     11th February 2014 Airlines in the Asia-Pacific region will lead global demand for larger and more eco-efficient aircraft over the next 20 years, according to Airbus’ latest Global Market Forecast Airlines from the region will take delivery of some 10,940 new passenger and cargo aircraft from 2013-2032, valued at... 

Cromax® formerly DuPont Refinish – returns as new brand

     10th February 2014 After twelve years, a paint manufacturer from the field of automobilerepair paint is returning to Automechanika: Cromax®, which used to be one of many products made by DuPont Refinish, will make its trade-fair debut as a new brand in Frankfurt from 16 to 20 September. Cromax® belongs to the newly... 

Let’s be smart – skills are needed to grow the Wi-Fi connection in Africa

     10th February 2014 2014 is said to be the year that Wi-Fi takes its rightful position in the industry benchmarked on estimations that 1.9 billion Wi-Fi devices will hit global networks by the end of the year1. Further research2 suggests that global public Wi-Fi hotspot numbers could reach 5.8 million by 2015,... 

Khazzan gasfield development, Oman

By: Sheila Barradas     7th February 2014 The government of Oman and BP have signed a gas sales agreement and an amended production sharing agreement for the development of the Khazzan gasfield. 

Epicor Issues Call to Action for Metal Fabrication Manufacturers: Use Modern ERP to Close the Customer Experience Gap

     6th February 2014 DUBLIN, Calif. and LONDON, December 12, 2013 -- Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today issued a call to action for metal fabrication manufacturers to prioritize initiatives focused on... 

2G technologies to lose dominance by 2018

By: Natasha Odendaal     5th February 2014 The demise of second-generation (2G) technologies, such as GSM/EDGE, will likely start in 2018, as it loses its dominance, a new report by telecommunications market research and consulting firm TeleGeography has found. The GlobalComms Forecast Service revealed that, while 2G remained the dominant... 

Pinnacle Africa partners with Logitech to distribute their range of UC products

     4th February 2014 Pinnacle Africa is very proud to announce that it has been selected by Logitech to launch Logitech’s Unified Communications range of products in Africa. Logitech has been the leading provider of personal computer, tablet, gaming, audio and home entertainment peripherals since the early 1980’s and... 

SA broadband speeds falter against EMEA countries 

By: Natasha Odendaal     31st January 2014 The latest report by Akamai this week showed that South Africa’s average broadband speeds had emerged as one of the slowest among countries in Europe, the Middle East and Africa (EMEA). The third-quarter Akamai State of the Internet report said South Africa had recorded the lowest average... 

Al-Zour refinery project, Kuwait

By: Sheila Barradas     31st January 2014 Honeywell has been selected by the Kuwait National Petroleum Company to provide the integrated control and safety system for its Al-Zour refinery complex. 

Epicor Signs Four New Channel Partners in Africa

     30th January 2014 DUBLIN, Calif. and JOHANNESBURG, South Africa, 30 January, 2014 -- Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced that it has signed four new partners in Africa as part of its new... 

Africa’s growth story shows progressive structural change

By: Natasha Odendaal     29th January 2014 A new index by the Gordon Institute of Business Science (GIBS) has provided “empirical” proof of Africa’s growth story, however, the Middle East has also emerged as strong performer. The GIBS Dynamic Markets Index (DMI) showed that progressive structural strange in many of Africa’s economies had... 

WRS, named as one of the UK’s best companies to work for, plan to take on 50 new staff throughout 2014

     29th January 2014 Altrincham firm Worldwide Recruitment Solutions (WRS), a team of recruitment specialists within the Mining, Oil & Gas, Power and Marine sectors has been shortlisted as one of The Sunday Times Best 100 Small Companies to Work For and awarded the prestigious Best Companies Three Star Accreditation... 

Worldwide Recruitment Solutions Ranked 8th in the 2013 Fast Track 100

     29th January 2014 WRS, specialists in talent acquisition services within the Mining, Oil & Gas, Power & Energy and Marine sectors, have been listed as 8th in the Sunday Times Fast Track 100 league table for 2013, which ranks Britain’s 100 private companies with the fastest growing sales over the last 3 years. WRS... 

Group Five expects to lift H1 earnings by up to 50%

By: Natalie Greve     28th January 2014 After a year in which Group Five’s businesses performed in line with management expectations and largely in line with guidance, the construction major expects fully-diluted headline earnings per share (HEPS) for the six months ended December 31, to increase by between 30% and 40% to between 196c... 

New Survey Shows the Critical Role of Business Software and Its Impact on the Role of the CIO

     28th January 2014 CIOs Face New Challenges as they Become Business Influencers and Transformers Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced the results of a new Chief Information Officer survey... 

Alcatel to upgrade EASSy cable system to broaden capacity

By: Natasha Odendaal     24th January 2014 Communications solutions provider Alcatel-Lucent this week said it planned to upgrade the East African coast’s 10 000 km submarine cable system with the latest 100 Gb/s technology. The 4.72 Tb/s, two fibre-pair Eastern Africa Submarine Cable System (EASSy) undersea cable, which went live in July... 

AJW Group appoints Michael Duncan as Regional Director - Africa

     24th January 2014 AJW Group has appointed Michael Duncan as its Regional Director for Africa. In this position, Duncan will be responsible for developing the Company’s presence and establishing partnerships with operators who need the integrated aircraft support services that AJW Aviation and AJW Technique can... 

US oil boom upends markets as drilling spreads

By: Bloomberg     24th January 2014 The US oil boom has put European refineries out of business and undercut West African crude suppliers. Now domestic drillers threaten to roil Asian markets and challenge producers in the Middle East and South America. 

Physical demand to support H1 gold growth

By: Natasha Odendaal     23rd January 2014 Physical demand for gold was expected to support the market during the first half of 2014, the latest Gold Survey 2013 update by Thomson Reuters GFMS revealed on Thursday. Following the end of a 12-year bull run in 2013, the next year was set to be “the year of consolidation” for gold with the... 

SA bucks global steel trend, ups 2013 steel production by 4.1%

By: Natalie Greve     23rd January 2014 South Africa lifted its overall steel production by 4.1% in 2013, increasing output from 6.9-million tons in 2012 to 7.2-million tons, making it the twenty-first largest steel producing country in the world. The World Steel Association (worldsteel) revealed on Thursday that world crude steel... 

Frost & Sullivan Lauds ZTE Corporation’s Green Power Solutions for Mitigating the Power Shortage in Africa and Stoking the ICT Sector

     22nd January 2014 ZTE CORPORATION’s solutions greatly reduce the dependence on diesel generators and thereby, lower CAPEX, OPEX and greenhouse gas emissions Based on its recent analysis of the ICT green power solutions market, Frost & Sullivan recognises ZTE Corporation with the 2013 Africa Frost & Sullivan Award... 

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