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Atterbury to open new Ghana mall in April

By: Megan van Wyngaardt     24th March 2017 South African property development company Atterbury will open its fourth retail development in Ghana, the $95-million Kumasi City mall on April 20. The 18 500 m2 modern mall, with potential for a future 10 000 m2 expansion, will give the city of Kumasi its first one-stop building with shopping... 

Proponents see glistening future in seabed mining, but environmentalists fret

By: Megan van Wyngaardt     24th March 2017 With the current known mineral deposits on land increasingly being depleted globally, necessitating greater exploration, interest in deep-sea minerals is growing as mining companies look for future sources to exploit. “The ocean is where future resources exist,” India Council of Scientific and... 

One-stop solution gives company market edge

By: Simone Liedtke     24th March 2017 The ability to supply a full range of high-quality pumps with full back-up and support, as well as readily available spare parts, has placed pump supplier and manufacturer KSB Pumps and Valves in a unique position where clients can meet all their pumping requirements through a single supplier. 

PiA Solar

     24th March 2017 Established in 2012, PiA Solar designs, manufactures and installs mounting systems for the solar photovoltaic industry, including the ContourR+ single-axis tracker and fixed tilt structures. The company also undertakes a full range of projects for the rooftop market.   To date, PiA has installed... 

Pumps range included in offering to cater for demand

By: Simone Liedtke     24th March 2017 Technical solutions provider Bearing Man Group (BMG) is strategising to enhance its fluid technology services to meet growing market demand in diverse industries, including the pumps industry. 

Eskom, NamPower sign five-year supply deal

By: Megan van Wyngaardt     23rd March 2017 Eskom on Thursday signed a five-year firm electricity sales agreement with Namibia’s national electricity utility NamPower, providing energy security to the neighbouring country and facilitating economic development and growth. Eskom interim CEO Matshela Koko noted at the signing, held alongside... 

Paladin launches arbitration against Langer Heinrich JV partner

By: Megan van Wyngaardt     23rd March 2017 Dual-listed Paladin Energy on Thursday launched arbitration proceedings against joint venture (JV) partner China National Nuclear Corporation’s (CNNC’s) Overseas Uranium Holdings subsidiary to seek orders and declarations regarding the sale of the Langer Heinrich mine (LHM), in Namibia’s Erongo... 

Exosun, Lesedi partner to offer localised solar tracking solutions in South Africa

By: Mia Breytenbach     23rd March 2017 Global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants Exosun and South Africa-based engineering, procurement and construction company Lesedi Nuclear Services have entered into a partnership to provide localised solar tracking systems in South Africa. “Lesedi will... 

Maxiflex welcomes customers to their doors

     23rd March 2017 Maxiflex has been a specialist and trusted supplier of a fully comprehensive range of high quality, efficient and reliable door and dock loading solutions to the Southern African industry for 27 years. Alongside the renowned in-house Maxiflex brands, the company also boasts sole distribution... 

Goscor Cleaning Equipment appoints Elso as its Namibian distributor

     23rd March 2017 Goscor Cleaning Equipment (GCE) is extending its footprint in the mining and retail sectors in Namibia with the appointment of Elso Holdings as its official distributor, with effect from the beginning of the year. One of the oldest, most environmentally-aware cleaning-product manufacturers in... 

Namibian President calls for land expropriation

By: Reuters     22nd March 2017 Namibia's president said Tuesday that the government is considering radical land expropriation to spur the transfer of property to the country's black majority. Speaking at Namibia's 27th independence celebrations, President Hage Geingob said the government should evoke part of the Constitution... 

Weapon system controlled from vehicle 

By: Victor Moolman     17th March 2017 Defence vehicle manufacturer Denel Vehicle Systems will deliver four Self Defence Remotely Operated Weapons (SD-ROW) systems and eight RG32M defence vehicles to the Namibian government by the end of this month for defence purposes and tactical observation. 

Engen’s partnership with Corner Bakery promises Zambians poultry and motion

     16th March 2017 Engen Petroleum, a leading producer and marketer of fuels, lubricants and oil-based products began trading in Zambia 20 years ago. With the strategic acquisition of a leading competitor and the subsequent rebranding of the business, Engen was able to fast-track the growth of its service station... 

Trevali expands geographic footprint to Africa as zinc tide rises

By: Henry Lazenby     14th March 2017 Canadian base metals producer Trevali Mining is expanding its geographic footprint into Africa with the $400-million acquisition of diversified mining and marketing company Glencore’s 80% interest in the Rosh Pinah mine, in Namibia, and 90% interest in the Perkoa mine, in Burkina Faso. HSBC... 

Rocla’s Versatile Concrete Poles

     9th March 2017 In the last decade, questions about the cost effectiveness and environmental friendliness of timber and steel poles have inevitably made industry seek alternative solutions for applications across a wide variety of sectors which include electricity, electrical, telecommunications, security... 

Rocla’s Versatile Concrete Poles

     7th March 2017 In the last decade, questions about the cost effectiveness and environmental friendliness of timber and steel poles have inevitably made industry seek alternative solutions for applications across a wide variety of sectors which include electricity, electrical, telecommunications, security... 

Ascendis To Acquire Cipla Veterinary Business For R375 Million

     7th March 2017 Ascendis Health, the high growth health and care brands group, is to purchase the southern African veterinary operations of Cipla India for R375 million. Cipla Vet (companion animals) and Cipla Agrimed (commercial animals) sell a range of high quality animal medicines. The business was... 

‘What a difference a year makes’ – analysts outline mostly strong commodity fundamentals despite uncertainty

By: Henry Lazenby     7th March 2017 “What a difference a year makes,” John Butcher, principal economist at commodity consultancy Wood Mackenzie exclaimed during a technical programme at the Prospectors and Developers Association of Canada’s yearly convention this week. While global economic growth came in at a disappointing 2.3% in... 

Ascendis buys Cipla’s Southern African veterinary operations for R375m

By: Anine Kilian     6th March 2017 Health and care brands group Ascendis Health, will acquire the Southern African veterinary operations of Cipla India for R375-million. The purchase price includes a deferred payment of R50-million over 15 months. The acquisition will take effect in April. 

Sacoil buys majority stake in Afric Oil

By: African News Agency      6th March 2017 Sacoil, the South African based independent African oil and gas company, said on Monday that it had acquired a 71% interest in Afric Oil Group, one of the largest independent fuel distributors in South Africa. Following completion, Sacoil’s portfolio will consist of operated production activities... 

Musical chairs in the SA automotive industry

By: Irma Venter     3rd March 2017 South Africa’s automotive industry has seen a number of shake-ups in the first two months of the year. WesBank has announced the appointment of Mark Finlayson as the CEO of its Motor division following the departure of Simphiwe Nghona on February 1. 

Competition authorities approve Electrolux’s buyout of Kwikot Group

By: Anine Kilian     2nd March 2017 Competition authorities in South Africa, Botswana and Namibia have approved Electrolux’s acquisition of Kwikot Group. Electrolux in November 2016 announced its plan to buy Kwikot for an undisclosed amount. 

KSB invests in Zambia

     2nd March 2017 Global pump manufacturer, KSB Pumps and Valves, has established an independent operation in Zambia to ensure that its rapidly expanding customer base has full access to the company’s world-class sales and support services. Having previously been represented by a network of agencies and dealers... 

Africa becoming more attractive to mining investors, but policy stifles South Africa’s mining industry

By: Megan van Wyngaardt     1st March 2017 While Zimbabwe and Mozambique ranked in the bottom ten of the most attractive jurisdictions in the world for mining investment, the Canada-based Fraser Institute’s ‘Annual Survey of Mining Companies 2016’, shows that the continent continues to look better for investors and ranks ahead of Oceania,... 

Rio-Carb appoints Wesco Engineering as its Namibian agent

     28th February 2017 Rio-Carb, a leading manufacturer of R-C700 CrC wear liners and pipes for heavy materials-handling applications in the mining and allied resources industries, has announced that Wesco Engineering has been appointed as its official agent in Namibia. Sias Suurd from Wesco Engineering has been tasked... 

Torre undertakes strategic review after ‘disappointing’ H1 results

By: Megan van Wyngaardt     28th February 2017 Low customer activity across most areas of its operations has seen Torre Industries post “disappointing results” for the six months ended December 31, with normalised earnings before interest, taxes, depreciation and amortisation (Ebitda) decreasing by R35-million to R65-million. CEO Johan Botes... 

DEHN Africa honours partners in third annual awards ceremony

     27th February 2017 DEHN Africa, a lighting and surge protection solutions provider, recently acknowledged its local distribution partners, hosting its third annual African partner awards ceremony in Johannesburg. The event started with a look into the company’s upward trajectory over the past few years, covered its... 

Barclays Africa plans Kenya gold ETF listing early this year

By: Chanel de Bruyn     27th February 2017 Barclays Africa Group is preparing to list its NewGold ETF on the Nairobi Securities Exchange after receiving regulatory approval to begin trading the securities. “We expect the listing to take place early this year,’’ Michael Mgwaba, head of exchange traded products at Johannesburg-based... 

Good increases in passenger numbers at Acsa’s airports last year

By: Keith Campbell     24th February 2017 The Airports Company South Africa (Acsa) had a record year last year, in terms of the numbers of passengers who passed through its airports. This was revealed when it published its latest “Aviation Barometer” report. This is the fourth edition of the report, which is compiled from official Acsa... 

MENA region to account for big proportion of 3% growth

     24th February 2017 Last month, international consultancy company Deloitte projected a growth of more than 3% in global defence spending in 2017 after years of declining budgets. 

Giyani sees ‘company maker’ potential in Botswana manganese claims

By: Henry Lazenby     21st February 2017 Canadian junior explorer Giyani Gold is strategically repositioning to take advantage of the rising tide in the energy metals market. After dabbling in several project opportunities in recent years, including an oil and coal infrastructure opportunity in Turkey, and gold exploration in... 

De Beers lifts FY16 underlying Ebitda by 42%

By: Ilan Solomons     21st February 2017 Higher revenues contributed to a 42% improvement year-on-year in diamond miner De Beers’ underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) to $1.4-billion in 2016. A 30% increase in revenue to $6.1-billion was driven by stronger rough diamond demand, which led to... 

Luther Erasmus

     17th February 2017 This we feature TLT MechCal and TLT Actom MD Johannes Erasmus. The group is a global leader in the supply of innovative ventilation solutions for the mining, power, industrial and process industries   

Teck sells 70% interest in Namibia copper project

By: Henry Lazenby     16th February 2017 Canadian diversified miner Teck Resources has agreed to sell its 70% interest in Haib Minerals to TSX-V-listed Deep-South Resources, who holds the remaining 30% interest in Haib. Haib holds a 100% interest in the Haib copper project, in Namibia. 

Airports company reports good increases in passenger numbers in 2016

By: Keith Campbell     14th February 2017 The Airports Company South Africa (ACSA) had a record year last year, in terms of the numbers of passengers who passed through its airports. This was revealed on Tuesday when it published its latest 'Aviation Barometer' report. This is the fourth edition of the report, which is compiled from... 

Mazda Southern Africa appoints new MD

By: Irma Venter     10th February 2017 Japanese car manufacturer Mazda Motor Corporation has appointed South Africa’s Craig Roberts as the new MD at Mazda Southern Africa. Roberts currently serves as the head of sales at Mazda Southern Africa. He will start work in his new role on April 1. 

Positive outlook for automotive industry

By: Robyn Wilkinson     10th February 2017 Increased new-car production levels, which include an expected growth in vehicle exports, are likely to drive improvement in South Africa’s automotive industry this year, says industrial equipment supplier Bearings International sales representative Cherry Slater. 

IFAT Africa 2017: Finding ways out of the water crisis

     9th February 2017 Messe München GmbH Messegelände 81823 München Deutschland Southern Africa suffering under severe drought Pipeline projects worth billions planned Greater use of groundwater and seawater in the future From September 12 to 14, 2017, local and international representatives from the environmental... 

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