R/€ = 15.81 Change: 0.07
R/$ = 13.35 Change: -0.06
Au 1308.38 $/oz Change: 13.64
Pt 940.50 $/oz Change: 7.50


Biofuels company launches franchise solution

     18th August 2017 Cape Town-based biofuel company Biogreen Diesel will start franchising its ‘Biodiesel & Research model’, to aid in the expansion of the industry and simultaneously increase awareness of biofuels in the region. The company, having made the announcement in June on its website, says it felt it had... 

The impending trade facilitation agreement

By: Riaan de Lange     16th December 2016 Two years ago, December 12, 2014 to be exact, my last column for the year was simply titled, ‘Trade facilitation’, and now again, my final column for 2016 is devoted to trade facilitation - the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) that is. This time around, however,... 

Ingeteam launches its new 100 kW three-phase string inverter

     29th November 2016 The inverter is to be showcased at the Solar-Tec fair in Cairo, Egypt Series production is set to commence in June 2017 Ingeteam is finalizing the launch of its new PV string inverter, which will make it possible to achieve a power output of 100 kWAC in a single, 75 kg unit. This inverter will... 

Dawn of a new trade dispensation

By: Taapano Paradza      4th November 2016 The implemention of the Economic Partnership Agreement (EPA) with the European Union (EU) from October 10, 2016, marks the beginning of a new trade regime between Southern African Customs Union member (Sacu) States and the EU. With the exception of South Africa, all Sacu member States have 100%... 

Trade relations from afar

By: Riaan de Lange     4th November 2016 It took Julie Gold, in her own words, “on the one hand, two hours to write and, on the other hand, 30 years to write”, in 1986, the most famous of songs. The song was first recorded by Nanci Griffith for her 1987 album, Lone Star State of Mind, but it only became a commercial success after Bette... 

Flexenclosure’s eCentre for ACS in Angola announced as finalist for DCD EMEA Modular Data Centre Award

     3rd November 2016 Flexenclosure’s eCentre data centre, built for Angola Comunicações e Sistemas, has been named as a finalist for the 2016 Datacenter Dynamics EMEA Modular Data Centre award.  Follows eCentre win in last month’s Latin American DCD awards.   The Datacenter Dynamics awards recognise leadership and... 

‘Get out of Jail Free’ card

By: Riaan de Lange     28th October 2016 The nonalcoholic equivalent of igniting tens fights to a bottle in most South African family environment of years gone by was, without doubt, a board game. What would a scarred childhood be without a single memory of a board game that escalated to a battle of wills, culminating in a full-blown... 

Preferential trade area between Sacu, Mercosur now in force

By: African News Agency      27th October 2016 The Preferential Trade Agreement (PTA) between the Common Market of the South America (Mercosur) and the Southern African Customs Union (Sacu) has come into force, the Department of Trade and Industry (DTI) said on Friday. Sidwell Medupe, DTI spokesperson said in a statement: “South Africa has... 

Electric propulsion the future of aircraft

By: Sebastian Whyle     26th August 2016 As battery systems improve, there is a shift towards electrically powered aircraft, which is causing a rapid change in propulsion systems in the aerospace industry, says South African aircraft manufacturer The Airplane Factory (TAF) director and shareholder Mike Blyth.  

Latin American Minerals overcoming hurdles to get back on track

By: Simon Rees     6th May 2016 Despite strong economic headwinds, several junior and midtier miners were able to advance projects towards near-production or into operation during the downcycle’s trough; however, plenty of others were less fortunate and had to retrench, mothball or even capitulate. Other projects and operations... 

At this rate, we will need a Protection of Divestment Act

By: Riaan de Lange     11th March 2016 Is it ironic that, only a few days ago, notification of the publication of the Protection of Investment Act, 2015, appeared on the Department of Trade and Industry (DTI) website and, as I am typing, a mere hours ago, the Financial Times of London announced that Britain’s largest retail bank would... 

Ingeteam extends its range of three-phase string inverters up to 40 kW

     29th February 2016 Ingeteam has just launched onto the market its new PV string inverter models, delivering output powers of up to 40 kW in a single inverter. In addition to the 40 kW model, a further three models have also been presented:  24 kW, 28 kW and 33 kW. The UL-1741 compliant version of these models,... 

Economy not all doom and gloom, says govt

By: News24Wire      24th February 2016 Government was at pains on Tuesday to show that it was not all doom and gloom on the investment front saying R64-billion had flowed into the country by December last year. Speaking on behalf of the International Co-operation, Trade and Security Cluster, Telecommunications Minister Siyabonga Cwele... 

ICT goods import growth slows to five-year low

By: Natasha Odendaal     1st February 2016 Global imports of information and communication technology (ICT) goods have slowed to a five-year low, the United Nations Conference on Trade and Development (Unctad) reveals. The static global growth of 1% in 2014 had been supported mainly by the only subsectors that had grown, namely the... 

Low prices prompt Metallum to halt mining at Chile project

By: Esmarie Swanepoel     15th September 2015 Copper developer Metallum has been forced to halt mining operations and stand down its production staff at the El Roble copper project, in Chile, as commodity prices continue to decline. The ASX-listed junior on Tuesday said the decision to halt mining operations at El Roble was also taken in... 

Blazer admits accepting bribe for SA to host 2010 SWC

By: News24Wire      4th June 2015 Ailing former FIFA official Chuck Blazer admits that he and others accepted bribes before the votes that gave the 1998 World Cup to France and the 2010 World Cup to South Africa, according to newly unsealed US court documents. A former FIFA executive committee member, Blazer confessed to taking... 

Uranium Energy’s Paraguay project advances to exploitation phase

By: Henry Lazenby     29th May 2015 The Yuty in situ recovery (ISR) project, one of two projects owned by US uranium producer and project developer Uranium Energy Corp (UEC) in Paraguay, is the third project to enter the exploitation phase since the country's current mining law was promulgated in 2007. The NYSE MKT-listed company... 

Uranium Energy collects permits for Palangra expansion

By: Henry Lazenby     27th May 2015 US uranium producer and project developer Uranium Energy Corp (UEC) on Wednesday announced that it had received all required permits to produce uranium from new resource areas at the Palangana in situ recovery (ISR) mine, in Texas, after it had obtained a larger mine permit and aquifer exemption... 

Metallum hopeful for increased output at San Sebastian

By: Esmarie Swanepoel     15th January 2015 Junior copper developer Metallum was hoping to increase output from its San Sebastian operation, in Chile, within the next six to eight weeks. Metallum took full ownership of the project in December, with the project covering about 50 ha adjoining its existing El Roble project area. Since then,... 

Safeguard duties imposed on frozen potato chips

By: Callie Lombard     8th August 2014 Frozen potato chips safeguard On July 25, the South African Revenue Service (Sars) imposed a final (definitive) safeguard on frozen potato chips (or French fries), classifiable under tariff subheading 2004.10.20, through two Government Gazette notices. The safeguard of 40.92% was imposed from... 

SA’s mobile broadband speeds continue to lag

By: Natasha Odendaal     30th June 2014 While South Africa’s mobile connection speeds surpassed that of two other countries within the Brazil, Russia, India, China and South Africa (Brics) economic bloc, it remained at the lower end of the scale in a quarterly survey of 56 countries. Akamai Technologies’ State of the Internet report... 

Mining Group signs second lease in Chile

By: Esmarie Swanepoel     28th May 2014 Metals developer Mining Group has signed a second production lease over the Paraguay copper mine, at the El Roble project, in Chile. The ASX-listed Mining Group has an existing production agreement allowing the company to extract some 5 000 t/m of copper bearing material from the Paraguay mine... 

Imperial continues to expand its logistics horizons

By: Irma Venter     14th March 2014 Despite what outgoing CEO Hubert Brody called “challenging trading conditions in South Africa and Europe”, Imperial reported a 8% jump in operating profit, to R3.16-billion, for the six months ended December 31. Compared with the same six months in the previous financial year, revenue was up... 

Adoption of biotech for crops unprecedented 

By: Natasha Odendaal     28th February 2014 The adoption of technology to produce genetically modified (GM) crops has become the fastest growing technology worldwide and the subsequent commercialisation globally has been unprecedented, Life Sciences for the Commonwealth Scientific and Industrial Research Organisation (CSIRO) group... 

Imperial profit jumps 8%, reaches deeper into Nigeria

By: Irma Venter     26th February 2014 Despite what CEO Hubert Brody called “challenging trading conditions in South Africa and Europe”, Imperial on Wednesday reported a 8% jump in operating profit, to R3.16-billion, for the six months ended December 31. Compared with the same six months in the previous financial year, revenue was up... 

Solar water-pumping system, Paraguay

By: Sheila Barradas     17th January 2014 The solar water-pumping system will provide drinking water for a large cattle farm. 

Water-distillation device ensuring clean water for Eastern Cape clinics   

By: Schalk Burger     13th September 2013 An energy efficient water-distillation device is providing clean drinking and medical water at six sites in the Eastern Cape as part of alpha-phase tests conducted by drinks giant Coca-Cola Company and research and development firm Deka Research and Development, says Deka R&D project manager Andy... 

Taxation amendment Bills published for comment

By: Callie Lombard     19th July 2013 National Treasury issued a media statement on July 5 extending an invitation to interested parties to submit comments by August 5 on the Draft Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill 2013.  

The state of mining in South America – an overview 

By: Keith Campbell     21st June 2013 South America: home of the greatest, most alluring, most deadly of mining legends – the myth of El Dorado, the golden one. Over the past 500 years, the con-tinent’s mineral riches, real and imagined, have stimulated amazing feats of courage, daring and endurance, conquest, looting, terrible... 

15/02/2013 (On-The-Air) 

By: Martin Creamer     15th February 2013 South Africa’s newest gold miner may share profits with employees and bus mineworkers home to allow them to spend more time with their families; A black empowerment company has now received a R17-billion bonanza from South Africa’s rich iron-ore endowment in the Northern Cape; and The world’s... 

Central bank gold buying highest since 1964 – World Gold Council

By: Martin Creamer     14th February 2013 Gold demand measured on a value basis increased to an all-time record of $236.4-billion in 2012, with official-sector central bank buying rising to its highest level in nearly half a century. While on a tonnage basis, the total for the year was down 4% to 4 405.5 t, the fourth quarter (Q4) of... 

Company Announcement: General Motors Consolidates Operations in Africa

     8th January 2013 Appoints Mario A. Spangenberg president and managing director of GM Africa 

Hydroelectricity powering on

By: Jeremy Wakeford     21st September 2012 Hydroelectric power is one of the oldest and best established sources of renewable energy, and world hydropower capacity has been growing at a steady rate of about 3% a year since the 1960s. The bulk of hydropower is generated on a large scale using water stored in dams. But, lately,... 

Will SA benefit from new Mercosur configuration?

By: Pieter du Plessis     14th September 2012 The Southern Common Market (Mercosur), Latin America’s largest regional economic alliance and trade bloc, comprising Brazil, Argentina and Uruguay, recently welcomed Venezuela as its newest full member and also suspended Paraguay after that country's Parliament had impeached President Fernando... 

Company Announcement: Two new sun2flowTM installations finalized in Paraguay

     25th July 2012 Water pumping system by The meeco Group supplies cattle farm with water 

Small-scale biodiesel production offers fuel-supplement, new-revenue prospects

By: Schalk Burger     6th July 2012 Community-scale production of biodiesel from used oils and fats can effectively provide a high-value product to supplement local fuel use and form an additional revenue stream for farmers who produce oil-yielding crops, says UK biofuels company Green Fuels founder and CEO James Hygate. 

International industry report ranks Amarula a brand champion

     12th June 2012 Amarula, a cream liqueur manufactured in South Africa, has been identified as a key contender in UK-based international trade journal Sprits Business new spirits survey, released this month. Market intelligence firm Euromonitor has also listed Amarula as one of the world’s fastest-growing global... 

Company Announcement: RIM Announces Wireless Achievement Award Recipients at BlackBerry World

     3rd May 2012 Research In Motion announced today the recipients of this year's Wireless Achievement Awards at BlackBerry World 2012.  


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