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Infrastructure initiative garners support from nine African presidents

By: Natasha Odendaal     21st August 2017 Spearheaded by South Africa’s President Jacob Zuma, the Presidential Infrastructure Champion Initiative (PICI), aimed at accelerating regional trade and unlocking the economic potential of the continent, now has nine African presidents on board, with ten projects in the spotlight as Africa... 

Crystal Events Africa

     18th August 2017 Crystal Events Africa, formerly Crystal Events & Incentives, is a leading conference, incentive travel and corporate meeting organiser in South Africa. Its recent expansion into Africa has increased its business capacity to successfully drive intercontinental business through in-bound incentive... 

PPC Q1 trading in line with expectations

By: Creamer Media Reporter      17th August 2017 Cement maker PPC on Thursday said its first-quarter revenue had tracked ahead of the comparative period in the prior year, while group earnings before interest, taxes, depreciation and amortisation (Ebitda) were in line with that of the first quarter of the previous year. However, while the South... 

Volvo Car SA ready for hybrid, electric vehicle rollout post-2019, says MD

By: Irma Venter     10th August 2017 Volvo Car South Africa (VCSA) MD Greg Maruszewski is confident the local arm of the Swedish group will be able to thrive under its parent company’s new powertrain policy. Volvo announced last month that all new cars launched globally from 2019 onwards will be partially or completely... 

Trump administration's Africa policy in focus at Agoa trade talks

By: Reuters     8th August 2017 With the Trump administration's trade agenda focused on reining in China and renegotiating the North American Free Trade Agreement, Africa has barely appeared on the radar screen. That could change this week as President Donald Trump's top trade negotiator and other senior US officials head to... 

Automotive future positive through telematics 

By: Victor Moolman     28th July 2017 The future for automotive fleet management through telematics is positive, says JSE-listed fleet management, insurance telematics and stolen vehicle recovery service provider Cartrack. 

May unveils British initiatives aimed at reducing Africa’s reliance on aid

By: Keith Campbell     21st July 2017 British Prime Minister Theresa May used the recent G20 Summit in Hamburg, Germany, to announce a series of new British initiatives intended to reduce the reliance of African countries on aid and increase their long-term stability and prosperity. This was in line with a theme for the summit... 

SAP Skills for Africa launches first East African chapter with participation from Kenya, Rwanda, Uganda, Ethiopia

     19th July 2017 First true East African class as group includes graduates from Uganda and Ethiopia. All 55 graduates will be placed at partner and customer organisations who have already committed to graduate intake. SAP Skills for Africa today launched its first-ever East African programme at an event held in... 

Nigerian Society of Engineers on how private sector can be incentivised to build infrastructure

By: Irma Venter     14th July 2017 The public sector in Africa should understand and nurture the idea that increased private sector investment in infrastructure is the best way to achieve “intense job creation”, and to incentivise funding and skills transfer, says Nigerian Society of Engineers infrastructure and public-private... 

Local GBCSA member appointed chair of regional network

By: Anine Kilian     13th July 2017 Green Building Council South Africa (GBCSA) sector managing executive Thulani Kuzwayo has been appointed regional chair of the Africa Regional Network – a group of green building councils working to advance green building within the region. The World Green Building Council’s (WorldGBC’s) Africa... 

Women of AECOM help to champion its presence in Africa

     7th July 2017 AECOM’s executive committee has five female members out of 13, a record in terms of female representation at this management level for most companies in Africa, says Rashree Maharaj, the Marketing and Communications Director for AECOM Africa, who is helping to spearhead the company’s presence on... 

Britain to keep preferential access for poor countries, post-Brexit

By: Keith Campbell     7th July 2017 The British Government has publicly committed itself to maintaining duty-free access to British markets for the world’s least-developed countries (LDCs, as defined by the United Nations) following the UK’s departure from the European Union (EU). London further expressed a desire to increase trade... 

Mining Indaba offering new junior zone, boosting interface opportunities 

By: Martin Creamer     4th July 2017 Strong new thrusts are planned for next year’s Investing in African Mining Indaba, which is scheduled to take place at the Cape Town International Convention Centre from February 5 to 8, once again to support investment in mining companies operating in Africa and to provide an effective platform... 

4th Africa LPG Summit 2017

     3rd July 2017 You are invited to join over 500 pan-African energy stakeholders who will participate in the largest conference around LPG and CNG in the region. The fourth edition of the Africa LPG Summit, co-located with CNG-NGV Africa will be staged from 11 - 12 July at Emperor's Palace, Johannesburg. Limited... 

Summit to outline African LPG market growth potential

By: Mia Breytenbach     29th June 2017 While Africa – the fastest-growing liquefied petroleum gas (LPG) market in the world today – is rich with potential for LPG industry players, distribution challenges, affordability and safety issues need to be addressed to capitalise on this potential, according to industry experts. This emerged... 

Moving to LPG: summit focuses on LPG in Africa

     27th June 2017 You are invited to join over 500 pan-African energy stakeholders who will participate in the largest conference around LPG and CNG in the region. The fourth edition of the Africa LPG Summit, co-located with CNG-NGV Africa will be staged from 11 - 12 July at Emperor's Palace, Johannesburg. Limited... 

Automakers eye fast-growing East Africa as they set up shop in Kenya

By: John Muchira     23rd June 2017 Global automakers have, in recent years, established assembly plants in Kenya as they seek to increase sales in East Africa, sub-Saharan Africa's fastest-growing region. East Africa, of which Kenya is the biggest economy, is projected by the World Bank to grow by 5.4% in 2017, compared with... 

Kenya joins Africa Finance Corporation

By: Megan van Wyngaardt     21st June 2017 Kenya is the latest country to become a member of Pan-African multilateral development finance institution, the Africa Finance Corporation (AFC).   Kenya is the AFC’s fifteenth member and its third East African member after Rwanda and Uganda. The other members are Cabo Verde, Chad, Côte d’Ivoire,... 

Africa should embrace private sector infrastructure investment

By: Irma Venter     19th June 2017 The public sector in Africa should understand and nurture the idea that increased private sector investment in infrastructure is the best way to achieve “intense job creation”, and to incentivise funding and skills transfer, says Nigerian Society of Engineers infrastructure and public-private... 

South Africa, Rwanda sign environmental cooperation agreement

By: African News Agency      19th June 2017 Environmental Affairs Minister Edna Molewa and Rwandan Natural Resources Minister Vincent Biruta have signed a cooperation agreement on environmental protection and sustainable development, the environmental affairs department said on Sunday. Molewa and Biruta met in Kigali, Rwanda, on Thursday... 

South Africans more conscious of greener ways of living

By: Simone Liedtke     16th June 2017 With South Africans being more aware of greener ways of living, multidisciplinary engineering consultancy WSP regional director and sustainability consultant Alison Groves says this has led to green building becoming integral in the design and construction of buildings. 

Renewable energy eclipsing coal – Fieldstone 

By: Martin Creamer     12th June 2017 Renewable energy is very rapidly ousting coal, which could present a blow to Botswana, which has been pinning its hopes on coal replacing the static diamond industry as its new platform for economic growth. “Renewable energy is just about the only thing being invested in,” Fieldstone Africa MD... 

TEA FROM AFRICA

     9th June 2017 Sacks containing tea from Rwanda, Uganda and Kenya sit stacked at the Mitchell Cotts storage warehouse in Mombasa, Kenya, last month. Bloomberg reports that Kenya’s crop production has declined as a result of drought conditions, which that resulted in most areas of the country receiving less than... 

PPC expects lower FY earnings

By: Natasha Odendaal     2nd June 2017 JSE-listed PPC expects to report lower earnings for the financial year ended March 31, when compared with the pro forma financial results for the 12 months ended March 31, 2016. The cementmaker, which changed its financial year from September to March and adjusted its reporting to align with... 

Earth observation satellites starting to bring benefits to mining sector

By: Keith Campbell     2nd June 2017 At last month’s International Symposium on Remote Sensing of the Environment, held at the Council for Scientific and Industrial Research (CSIR), in Pretoria, one of the very many topics addressed was the use of remote sensing, particularly from earth observation (EO) satellites, to support the... 

Rezidor opens first Park Inn by Radisson in Rwanda

By: Natasha Odendaal     26th May 2017 The Rezidor Hotel Group has continued its African growth momentum with the unveiling of its first Park Inn by Radisson in Kigali, Rwanda, which is its fifth in East Africa. The newest four-star hotel, which is the second to be opened in the region this year, brings the hotel group’s African and... 

Rwandan authority fines MTN subsidiary $8.5m

By: Creamer Media Reporter      17th May 2017 The Rwanda Utilities Regulatory Authority has fined MTN Rwanda $8.5-million owing to its noncompliance with directives prohibiting the inclusion of MTN Rwanda in the MTN South and East Africa information technology hub, based in Uganda. MTN Rwanda is studying the notification of the fine and says... 

Mombasa-to-Nairobi rail line set for commissioning

By: John Muchira     12th May 2017 Kenya is gearing up for a new era in railway transport with the impending commissioning of a standard-gauge railway (SGR) system on June 1. The East African nation has depended on a dilapidated metre-gauge railway line for more than a century, but that is about to change, following the completion... 

FAO to lead Africa’s intervention against fall armyworm

By: Anine Kilian     5th May 2017 The United Nations Food and Agriculture Organisation (FAO) has been tasked with coordinating control and management interventions to combat the fall armyworm infestation in Africa. Centre for Agricultural and Biosciences International sanitary and phytosanitary coordinator Dr Roger Day estimates... 

EIB provides €95m support for East African entrepreneurs

By: Mia Breytenbach     5th May 2017 The European Investment Bank (EIB) has signed two new credit lines for East-Africa for €95-million, or about Kshs(Kenyan Shilings)10.45-billion, to be made available through financial institutions Equity Bank and HFC Limited to support smaller local projects in Kenya, Tanzania, the Democratic... 

Africa investment outlook promising – survey

By: Natasha Odendaal     3rd May 2017 A new survey has shown that the investment outlook across Africa, particularly Eastern and sub-Saharan Africa, is becoming more “promising” as countries yield marketing successes to international investors. About three-quarters of the respondents to independent global business advisory firm FTI... 

Africa urged to transform dependence on commodities

By: African News Agency      25th April 2017 Even as the world emerges from the worst of the global commodity price meltdown, African countries were urged on Tuesday to make the most of the next upward cycle to diversify and industrialise away from over-reliance on exports of raw materials. In a statement, Dr Martyn Davies, Deloitte... 

New book on East African Community (EAC) law published

     11th April 2017 Written by leading experts including the president of the East African Community Court of Justice (EACJ), national judges, academics and law practitioners; East African Community Law discusses the nature of EAC law, free movement and competition law as well as the reception of EAC law in partner... 

Kenya adopts South Africa’s Green Star rating system

By: Natasha Odendaal     29th March 2017 The Kenya Green Building Society (KGBS) has signed a Green Star license agreement that will see it use the Green Building Council of South Africa’s (GBCSA’s) Green Star rating system and trademark in Kenya for certification of green buildings. The licence will also be used to train and accredit... 

Cummins C&G Limited Targets Strong Growth In East Africa

     24th March 2017 The 50:50 joint venture partnership between Cummins and Car & General (C&G), to be known as Cummins C&G Limited, will be fully operational in April 2017. Cummins C&G Limited’s region of responsibility will cover Kenya, Tanzania, Uganda, Ethiopia, South Sudan, Rwanda, Burundi, Djibouti, Eritrea,... 

Peat-to-power project, Rwanda

By: Sheila Barradas     24th March 2017 A $350-million deal to finance the project has reached financial close. 

G20’s Compact with Africa launched with widespread support

By: Natasha Odendaal     20th March 2017 Clear support emerged last week from Group of 20 (G20) members’ Finance Ministers and central bank governors for the broadening of international economic and financial cooperation with African countries to “foster sustainable and inclusive growth” in line with the African Union’s Agenda 2063. At... 

South Africa asks World Bank to review ease-of-doing-business position in light of InvestSA initiative 

By: Terence Creamer     17th March 2017 The South African government has officially launched a new investment facilitation service, dubbed InvestSA, which it claims will dramatically reduce red tape for foreign and domestic businesses seeking to pursue greenfield or brownfield projects in the country. The service, which has both... 

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