R/€ = 14.23
R/$ = 11.09
Au 1215.72 $/oz
Pt 1337.00 $/oz
Jun 28, 2012
Chemicals and explosives company AECI agreed to buy General Electric’s African water treatment subsidiary Chemical and Monitoring Solutions for $20-million, the JSE-listed firm announced on Thursday. Chemical and Monitoring Solutions would be merged with AECI’s...
Jun 21, 2012
Rail infrastructure development in Africa can play a crucial role in the formation of trade corridors, as railroutes are developed to link major cities, providing companies with access to large markets. Frost & Sullivan environment building technology group analyst...
Jun 12, 2012
The Indian government has set aside some $1-billion to provide fertiliser companies with soft loans to create logistics and infrastructure facilities in African countries such as Eritrea, Ethiopia, the Democratic Republic of Congo and Ghana as a precursor to...
Jun 11, 2012
Johannesburg will be the second most visited destination city in Africa in 2012, with a projected 2.5-million international visitors expected to enter the city, the latest MasterCard Global Destination Cities Index showed on Monday. The index, which was compiled...
Jun 01, 2012
Tin developer Kasbah Resources on Friday said that a prefeasibility study into its Achmmach project, in Morocco, had found that a capital investment of $167-million would be required to support a one-million-ton-a-year operation. At a base case projection, with tin...
May 18, 2012
French railways solutions multinational Alstom Transport says it has integrated localisation into its global business model and that it is ready to pursue joint venture, partnerships and technology transfers in South Africa as the country prepares to make some...
May 04, 2012
Should Russian State-owned nuclear group Rosatom be a winner in the South African programme to build new nuclear power plants (NPPs), it would be willing to integrate South African companies into its global supply chain for its international projects. This would be...
Apr 06, 2012
Surging demand and a strong need to reduce dependency on expensive coal and oil imports have motivated the recent development of the renewable energy sector in Morocco, creating considerable opportunities for private sector participation, says market research and...
Mar 27, 2012
Feb 29, 2012
Feb 21, 2012
Feb 17, 2012
Mahindra South Africa has added a new bakkie to its light-commercial vehicle range, called the Genio.
Feb 03, 2012
Mahindra South Africa has added a new bakkie to its light-commercial vehicle range, called the Genio. The pick-up is the Indian manufacturer’s first vehicle designed from the outset as both a domestic and export model. In the past, Mahindra simply adapted its...
Jan 27, 2012
The project will involve the design, construction, operation, maintenance and financing of five power generating stations.
Jan 20, 2012
Smallholders, with less than 50 ha in Malaysia, are earning a steady income from the production of palm oil, which is linked to the large-scale, corporate industry manufacturing oils, cosmetics components, biofuels, natural fertilisers and soaps, says Malaysian...
Dec 09, 2011
The Department of Transport (DoT) has set up a steering committee, under the leadership of director-general George Mahlalela, to guide the development of its four proposed high-speed rail projects, says DoT deputy director-general Lanfranc Situma.
Dec 02, 2011
Major US aerospace group Boeing is partnering with South African civil flying training school 43 Air School to make pilot training more straightforward for South African and other African trainees. “Flight crew training is going to be a critical focus in Africa as...
Dec 02, 2011
Diversified technology company Siemens aims to create about 500 green jobs in Africa, in 2012, as a continued growth strategy for the continent.
Nov 28, 2011
Ethiopian Airlines has earned another accolade from The African Airlines Association (AFRAA) for being consistently profitable over the years and recording the best financial results in 2010.
Nov 23, 2011
The Department of Transport (DoT) has set up a steering committee, under the leadership of director-general George Mahlalela, to guide the development of its four proposed high-speed rail projects, said DoT deputy director-general Lanfranc Situma on Wednesday. “We...
Nov 16, 2011
International publishing and research company Oxford Business Group (OBG), which is headquartered in London, in the UK, expects to publish an in-depth report on South Africa’s economic activity and investment opportunities during the second quarter of 2012. The...
Nov 14, 2011
Transformational projects to add 200 megawatts of solar and wind power energy to national grid
Oct 28, 2011
African airlines are acquiring new widebody airliners at a greater rate than the global airline average. Last year, 32% of African airline demand was for widebodies, as against 23% for the global industry. “This is mainly because of the markets that the [African]...
Oct 24, 2011
Regional specialist Safmarine says it is honoured to have been recognised as the top shipping line in an important trade linking two of its core markets.
Oct 20, 2011
South Africa improved its global ease-of-doing-business ranking by one position, climbing from 36 to 35 in the latest International Finance Corporation-World Bank ‘Doing Business’ report. For the fourth consecutive year, Mauritius was found to be the easiest place in...
Oct 14, 2011
In five years’ time, the Mahindra group should be a globally recognised brand in the sports utility vehicle (SUV) market, says MD Anand Mahindra.
Oct 13, 2011
South Africa’s former Environmental Affairs and Tourism Minister, Valli Moosa, who also recently served as chairperson of South Africa’s coal-heavy power utility Eskom, has been elected as the new chairperson of the World Wide Fund for Nature, South Africa (WWF-SA)....
Oct 12, 2011
US aerospace giant Boeing is considering sourcing more components from South African aerostructures company Aerosud. A Boeing team of seven people recently visited the South African company, to establish what additional work Aerosud could do for the American group....
Oct 06, 2011
Lacking of a definitive Government energy policy in South Africa has been a key barrier hindering progress in the Concentrated Solar Power (CSP) market in the country.
Sep 28, 2011
University of Pretoria graduate’s green vision scoops sustainability award
Sep 15, 2011
In five years’ time, the Mahindra group should be a globally recognised brand in the sports utility vehicle (SUV) market, says MD Anand Mahindra. “We also want to be recognised for what we already are, the number-one tractor maker in the world by volume.” Mahindra...
Sep 06, 2011
Availability of water is key to sustainable urban development in South Africa. That is why the eThekwini Municipality’s Water and Sanitation (EWS) Unit’s number one priority is to deliver water to people efficiently, economically, reliably and equitably. Currently,...
Aug 26, 2011
With commodity demand soaring, the world’s mining companies are increasingly turning to Africa to deliver resources to growing economies. As the continent is known to harbour vast quantities of natural resources including diamonds, gold, platinum and the...
Aug 05, 2011
The Moroccan Ministry for Energy, Mines, Water and Environment has approved the assignment of the Achmmach tin project, ASX junior Kasbah Resources said on Friday. Under the terms of the original agreement between Kasbah and the Office National des Hydrocarbures et...
Jul 04, 2011
African leaders plan to launch a fund this year to help the continent access and manage its share of money from the global UN Green Climate Fund, a UN official said. Climate negotiators have yet to establish the Green Climate Fund, which the United Nations wants to...
Jun 27, 2011
Attached please find a press release on: African efforts on climate action received a welcome boost today with approval of a ground-breaking renewable energy project in Morocco that should be a game-changer for solar power at large-scale.
Jun 20, 2011
Global steel production was 4.2% higher in May at 130-million tons compared with the same month last year, said the World Steel Association (worldsteel) on Monday. Output in most regions grew, except for a small drop in production in the European Union and Oceania,...
May 20, 2011
The Main One cable and the Seacom fibre-optic cable have interconnected in Europe.
Apr 29, 2011
Renowned US aircraft engine manufacturer General Electric (GE) Aviation, part of the giant GE group, is excited by the prospects in Africa. “I think the excitement and opportunity is the growth happening in Africa,” says GE Aviation Global customer and product...
Mar 31, 2011
Brent crude rose 0,4% towards $116 on Thursday, heading for its biggest quarterly gain in almost two years as war, revolutions, and unrest across the Middle East and North Africa thrust supply constraints to the forefront of investor concerns. The global economic...