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Vale's Mozambique unit stops using Sena railway after attacks – State news agency

By: Reuters     29th July 2016 Brazil's Vale has stopped transporting coal on the Sena railway line in Mozambique which carries coal from the interior to the Indian Ocean port of Beira after gunmen attacked a train, Mozambique's state news agency (AIM) said on Thursday. "The train was ambushed as it passed through Inhamitanga,... 

Clearing environmental hurdles to power supply growth

     29th July 2016 Environmental consultant SRK Consulting is developing an enabling framework that will help power projects in South Africa to streamline the process of acquiring environmental approvals, in order to avoid unnecessary delays in implementation. 

ECIC plays a pivotal role in Sub-Saharan Africa with 15 years of Project Export Excellence

     29th July 2016 The creation of ECIC began 15 years ago, in July 2001, when the Export Credit Insurance Corporation of South Africa LTD (ECIC), was given a mandate of filling a market gap through provision of medium to long term export credit and investment guarantees by underwriting bank loans for political and... 

Power builds to continue despite decreased demand across industries

By: Robyn Wilkinson     29th July 2016 Despite a decrease in demand for energy from the mining and related industries, construction, engineering and mining contractor Murray & Roberts Power & Water platform CEO Steve Harrison believes that the power station builds at Medupi, in Limpopo, and Kusile, in Mpumalanga, will continue to... 

Wastewater treatment necessary to grow the economy

By: Nadine James     29th July 2016 Consistent and sustainable water supply is necessary to ensure socioeconomic growth; therefore, wastewater treatment, as a comparatively cost-effective solution that reduces strain on available water supply, is vital to economic growth in water-stressed countries, says waste management company... 

South Africa ranks moderately on food security index

By: Megan van Wyngaardt     27th July 2016 South Africa is ranked at 47 out of the 113 countries in this year’s Global Food Security Index (GFSI), reflecting a one-position decline from 2015, but an overall 0.6 point score increase. The country ranked first among its sub-Saharan African peers and landed in the top ten of... 

Mustang recovers first rubies at Mozambique project

By: Creamer Media Reporter      27th July 2016 ASX-listed Mustang Resources has recovered ten rubies, totalling 2.61 ct, from initial trenching activities at its flagship Montepuez ruby project, in Mozambique. The trenching programme is being used to delineate targets for a bulk sampling programme and to assist in mapping gravel layers... 

Mozambique closes in on huge gas deal after years of delays

By: Reuters     25th July 2016 Mozambique's long-delayed offshore gas project with Italy's Eni could be approved within months, sources close to the deal said, sparking investments with the potential to transform one of the world's poorest countries into a major energy player. Mozambique made one of the world's biggest gas... 

Former mineworkers owed billions of rands

By: Natasha Odendaal     22nd July 2016 A substantial sum – between R7-billion and R10-billion – of an estimated R30-billion in unclaimed benefits is believed to be due to South Africa’s former mineworkers. The Department of Mineral Resources (DMR) is working to deliver a single compensation legislation by March and an integrated... 

AFRICAN ENERGY

     22nd July 2016 Indian Prime Minister Narendra Modi visited Mozambique, South Africa, Tanzania and Kenya earlier this month in an effort to strengthen diplomatic and economic ties, with special attention given to the issue of energy. In South Africa, where this photograph was taken during an address to business... 

Mozambique reports unquantified diamond discovery

By: Keith Campbell     22nd July 2016 In Mozambique, the National Director of Mines last week confirmed that diamonds had been discovered in the Massangena district of the Gaza province. Talking to the Maputo newspaper Notícias, he refused to say how many diamonds had so far been found, but stated that exploration and prospecting... 

South Africa draws up plans for gas-generated power

By: Sebastian Whyle     22nd July 2016 In South Africa’s search for viable long-term gas import partners to meet demand in the power sector, Nigeria has been identified as a strong contender, owing to its large natural gas reserves, says professional services firm KPMG.  

Where does Brexit leave the SADC-EU EPA?

By: Riaan de Lange     22nd July 2016 James Harold Wilson, Baron Wilson of Rievaulx, KG, OBE, FRS, PC, or simply Harold Wilson was Prime Minister of the UK from 1964 to 1970 and  from 1974 to 1976. He is also famed for having said that “a week is a long time in politics”. Granted, it had been longer than a week – 17 days, to be... 

South32 on track to meet FY2017 cost guidance; FY2016 production in line with forecasts

By: Mia Breytenbach     21st July 2016 Diversified major South32 says the completion of restructuring initiatives and the fact that production met or exceeded guidance for the 2016 financial year for the majority of its operations is positioning the company well to achieve its unit cost guidance in the new financial year. Despite a... 

Samsung Heavy in talks with Eni to build Mozambique LNG platform

By: Reuters     21st July 2016 Samsung Heavy Industries, France's Technip and Japan's JGC are in advanced talks with Eni to supply a floating liquefied natural gas platform to the Italian firm's project in Mozambique, Samsung said on Thursday. Samsung Heavy's share of the contract was $2.5-billion and it expected to receive... 

Astral weighs job cuts as drought, imports hurt poultry producers

By: Reuters     20th July 2016 South African poultry producer Astral has to cut jobs, it said on Wednesday, under pressure from high feed prices due to drought and from an over-supplied domestic market. Maize prices in South Africa have hit record highs as an El Nino triggers the largest rainfall shortages in over a century,... 

Geothermal exploration for S Africa a possibility, funding a major challenge 

By: Anine Kilian     20th July 2016 While geothermal energy is renewable and can be used for baseload supply, the major challenge surrounding this type of energy in South Africa is that geothermal exploration is expensive, which is why it has yet to be undertaken in the country, says Royal Haskoning energy consultant David Johnson.... 

Syrah says Mozambique project remains on schedule

By: Mariaan Webb     20th July 2016 Construction activities at Syrah Resources’ Balama graphite project in Mozambique remain on schedule, the company reported on Wednesday, denying reports of civil unrest in Mozambique. “I am not aware of any material civil unrest in Mozambique and further have not observed any recent material... 

Group of 30-somethings making steady progress in building black-owned IPP 

By: Terence Creamer     18th July 2016 The Pele Energy Group (PEG), which is owned and managed by a group of 30-something black professionals, is making strides in its stated objective of evolving from an energy investor into a fully-fledged independent power producer (IPP) and, ultimately, a private utility company. Headquartered in... 

Dover Systems announces more major International orders.

     18th July 2016 South African Psychometric Testing Program – The Dover Test –Latest export orders to Guinea Bauxite, West Africa and Panama Gold, has expanded its positive degree of international success. The Dover Test (www.doversystems.co.za) with has been an industry standard for the past 30 years.  Expansion... 

Davies says Brexit risk for South Africa does not lie in trade arena 

By: Terence Creamer     15th July 2016 South Africa’s Trade and Industry Minister Dr Rob Davies has formally written a letter to the British High Commissioner seeking a meeting regarding the implications of the recent Brexit vote on South Africa’s trade and economic relations with the UK. However, he says he does not anticipate any... 

Without the right transformation the future will remain unbuilt v2

     15th July 2016 South Africa. Africa must stop believing that it cannot think for itself in the construction industry and grab the opportunities on the continent, says the head of one of the biggest construction companies south of the Sahara. “The future is unbuilt without the right transformation. If mind-sets... 

Indian group could build power plant at Moz coal mine

By: Keith Campbell     15th July 2016 Indian coal company International Coal Ventures Limited (ICVL) is considering building a thermal power plant at its Benga coal mine in Mozambique’s Tete province. ICVL is a consortium of State-owned companies, originally created in 2009 in an initiative by the Ministry of Steel, the main members... 

HAZLETON PUMPS comes out top at the SADC Annual Quality Awards as only company to win two main awards.

     12th July 2016 The sixth SADC Annual Quality Awards presentation ceremony was held on the evening of the 16th March 2016 in Gaborone, Botswana. The aim of the SADC Annual Quality Award competition is to recognize and appreciate organizations and individuals who are contributing to quality advancement in all... 

Savannah appoints two new board members

By: Natasha Odendaal     12th July 2016 Following a February placing that saw a privately owned investment fund become Aim-listed Savannah’s largest shareholding, two new board members have been appointed to represent the fund, Al Marjan. Al Marjan increased its shareholding to 29.99% after Savannah placed more than 98-million shares... 

Black & Veatch eyeing South Africa’s gas-to-power opportunity

By: Terence Creamer     12th July 2016 Despite falling electricity demand in South Africa, global engineering, procurement and construction (EPC) group Black & Veatch remains optimistic about prospects for the country’s power market, as well as energy prospects across Africa, where increased attention is being given to addressing the... 

Cabinet approves designation of Musina-Makhado SEZ

By: Anine Kilian     11th July 2016 Cabinet has approved the decision by Trade and Industry Minister Dr Rob Davies to designate the Musina-Makhado Special Economic Zone (SEZ) in the Vhembe region of Limpopo. The designated zone would promote industrial development in the region with a specific focus on mineral beneficiation,... 

Private equity investors to increase investment in oil and gas sector

By: Anine Kilian     11th July 2016 Private equity (PE) firms are readying to deploy more capital into the global oil and gas sector, with 25% planning acquisitions before the end of the year and 43% by the first half of 2017, a global survey of 100 PE firms active in the sector released on Monday by advisory firm Ernst & Young... 

Slave wreck artefacts set for next trans-Atlantic journey

     11th July 2016 Over 220 years after it foundered just off the Clifton coast in Cape Town, the discovery of the shipwreck of the Portuguese slaver, São José Paquete de Africa was the first successful effort ever, to bring to light the archaeological vestiges of one of thousands of vessels that brought over ten... 

SA, India to deepen trade ties

By: African News Agency      8th July 2016 Indian Prime Minister Narendra Modi’s current visit to South Africa has presented the opportunity for the two countries to enhance trade and investment relations, President Jacob Zuma said on Friday. "We are looking to increase and diversify South African exports to India. We have identified new... 

African sales of oil brand rose in 2015, despite economic difficulties

By: Irma Venter     8th July 2016 The volume of Castrol oil sales in Africa increased by around 5% in 2015 compared with 2014, says Castrol Africa MD David Bouet. Despite the visible slump in the continent’s mining industry, the automotive and industrial markets are still ticking over, he notes. 

Company supports impact of IPP projects in Africa

By: Robyn Wilkinson     8th July 2016 Consulting, engineering, procurement and construction services provider Black & Veatch will support the evolution of independent power producer (IPP) projects already under way in South Africa. 

Despite El Niño, Omnia maintains agri sales volumes

By: Mia Breytenbach     8th July 2016 Despite the effects of the El-Niño weather phenomenon and the resulting drought this past year, JSE-listed Omnia’s Agriculture division delivered a “surprisingly good” performance, says Omnia CEO Rod Humphris. The Agriculture division maintained sales volumes in the difficult current economic and... 

Integrated LNG import and natural gas facilities poised to meet energy demand

By: Robyn Wilkinson     8th July 2016 Consulting, engineering, procurement and construction services provider Black & Veatch liquefied natural gas (LNG) technologies VP Shawn Hoffart and power generation technologies VP and director Alap Shah will discuss the benefits of maximising the synergies of combined LNG import and natural... 

Temporary power plants an immediate solution to energy challenges

     8th July 2016 Temporary power plants represent an immediate, reliable, scalable and cost-efficient solution to Southern Africa’s power concerns, says large-scale power solutions provider Altaaqa Global Cat Rental Power marketing manager Robert Bagatsing. 

The best of a bad situation

By: Terence Creamer     8th July 2016 The decision by the majority of British voters to place their crosses in the box alongside ‘Leave the European Union (EU)’ in a referendum where the only question was ‘Should the UK remain a member of the EU or leave the EU?’, was obviously unexpected and shocking. That said, the economic... 

Eyes on Africa in Aecom strategy shift 

By: Natasha Odendaal     7th July 2016 Professional and technical services firm Aecom planned to leverage its extensive base in South Africa to expand its presence across Africa in a strategy that could see the company’s revenue from the continent doubling from $150-million in the next few years. Speaking on the sidelines of a... 

Exxon said to join Qatar to look at giant Africa gas deal

By: Bloomberg     7th July 2016 Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural-gas discoveries in a generation, according to four people with knowledge of their plans. The companies are considering buying stakes in gas fields owned by Anadarko... 

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