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AEMFC says will submit bid for Optimum assets

By: Marleny Arnoldi     17th January 2019 An African Exploration Mining and Finance Corporation- (AEMFC-) led consortium on Thursday announced that it would submit a bid for the Optimum Coal assets, which are currently in business rescue. State-owned AEMFC believed the Optimum Coal transaction would be fundamental to the country’s... 

US urges Zimbabwe military to practice restraint amid protests

By: African News Agency      17th January 2019 The United States Embassy in Harare on Thursday expressed concern over reports of violence in parts of Zimbabwe, urging all parties to exercise restraint. "We condemn any disproportionate use of force and call on Zimbabwe’s security forces to respond to civil unrest professionally and with... 

Platinum price fall worsening plight of job-intensive mines 

By: Martin Creamer     16th January 2019 The latest fall of the platinum price is threatening to become the last straw that broke the camel’s back for some deep labour-intensive platinum group metals (PGMs) mines on particularly the western limb of the Bushveld Complex, Mining Weekly Online can today report. Well ahead of the latest... 

Emira upgrades Denver warehouse

By: Tasneem Bulbulia     16th January 2019 JSE-listed Emira Property Fund is set to complete the total refurbishment of its 9 800 m2 warehouse facility, located in the industrial hub of Denver, Johannesburg, by March. Emira is investing R8.2-million in the revamp project. 

Don’t hurt farmers with higher electricity tariffs, says Agri Western Cape 

By: Kim Cloete     15th January 2019 Sharp electricity tariff hikes would have a major detrimental effect on the agricultural sector, Agri Western Cape has said during public hearings into electricity tariffs. In its submission to the National Energy Regulator of South Africa (Nersa), Agri SA said high increases in electricity costs... 

SAA appoints former prosecution chief to its group executive 

By: Rebecca Campbell     15th January 2019 Embattled State-owned flag-carrier South African Airways (SAA) announced on Tuesday that Advocate Vusi Pikoli had been appointed as the airline’s Chief Risk and Compliance Officer. He will take up the post on February 1. Pikoli is currently an advisor to the Minister of State Security. He was,... 

Debtech X-Ray Diamond Recovery Technology To Sierra Leone

15th January 2019 Working in collaboration with project house Paradigm Project Management, diamond processing technology specialists DebTech is supplying its well-proven X-ray diamond recovery technology to the Tongo diamond mining project in Sierra Leone, currently being developed by Newfield Resources Ltd.... 

Mnangagwa seeks cash in Russia as Zimbabwe descends into chaos

By: Bloomberg     15th January 2019 Zimbabwean President Emmerson Mnangagwa said he’s seeking loans from Russia on a visit to Moscow as protests erupted across his country Monday, leaving 24 people injured and five possibly dead. “I can’t say that we want this much or that much,” he said in an interview with the state-run Russian... 

Voip King Of The Cost Savers

15th January 2019 For small and medium-sized enterprises (SMEs) wanting to keep overheads in check during another challenging fiscal year for SA, VoIP is king of the cost savers. VoIP, or Voice over Internet Protocol, is unique amongst cost-cutting measures in that it delivers business efficiencies on top of... 

Argentina set to join global mining transparency initiative

By: Reuters     15th January 2019 Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors. The global initiative, launched by... 

Mining needs to embrace Industry 4.0

By: Creamer Media Reporter      14th January 2019 Challenges faced by the mining industry today like increasing production costs, depressed commodity prices and the high cost of electricity, are forcing the mining sector to embrace the Fourth Industrial Revolution as it brings industrial transformation. Such developments will bring the training... 

Hydrogen leap needed to aid platinum’s future 

By: Martin Creamer     11th January 2019 A South African decision to step firmly into the hydrogen age, like so many other countries are doing, has great potential benefit for the country. Because South Africa has better combined solar and wind resources than just about any other country, it is well positioned to generate hydrogen using... 

Embraer, Boeing deal gets approval from the new Brazilian government

By: Rebecca Campbell     11th January 2019 The Brazilian government announced on Thursday that it had approved the creation of two joint ventures (JVs) between Brazilian aerospace company Embraer and US aerospace group Boeing. The Brazilian government holds a “golden share” in the originally State-owned Embraer, giving it power of veto... 

Africa’s telco industry sees a mobile-powered 2019, but 5G still on the agenda

By: Natasha Odendaal     10th January 2019 Sub-Saharan Africa is experiencing a rapid shift from second-generation (2G) to fourth-generation (4G) mobile technology, driven by improved infrastructure and access to cost-effective smartphones. The continent is increasingly becoming connected, with mobile broadband expected to account for 87%... 

What would you do if you didn’t need the money? (and why it matters NOW)

By: Creamer Media Reporter      10th January 2019 What would you do if you didn’t need the money? It’s not a question we often give much serious thought to, but it may very well be one that we need to answer in the next few decades. The advent of the internet was expected to result in widespread economic democratisation; instead, it has resulted... 

Rail Enforcement Unit a success story, says Cape Town mayor

By: African News Agency      10th January 2019 Cape Town Mayor, Dan Plato on Wednesday said the Rail Enforcement Unit (REU) -- which provides an additional 100 law enforcement officers to the existing security personnel in meeting Metrorail’s security challenges -- has been a success story and will assist in stabilising the urban rail service... 

Democrats ask for delay in easing sanctions linked to Deripaska

By: Bloomberg     9th January 2019 Seven new Democratic chairmen of House committees demanded Tuesday that Treasury Secretary Steven Mnuchin hold off on the planned easing of sanctions against three companies tied to Russian billionaire Oleg Deripaska. “As the chairs of committees with oversight jurisdiction over the US response... 

Iata’s new payment method for air tickets successfully demonstrated

By: Tasneem Bulbulia     8th January 2019 The International Air Transport Association (Iata) has successfully completed the first Iata Pay ticket purchase transaction in a live test environment, the organisation announced in a statement on Tuesday. The transaction was conducted in partnership with UK-based fintech company ipagoo. 

Texton’s shareholders vote against share repurchase

By: Tasneem Bulbulia     7th January 2019 Shareholders of Texton Property Fund have voted against the repurchase of shares in terms of the put option related to Texton’s 2014 broad-based black economic empowerment (BBBEE) deal, the company noted in a statement on Monday. Under the terms of the transaction, Texton Broadbased Empowerment... 

Congo postpones Sunday's presidential vote by a week

By: Reuters     21st December 2018 Democratic Republic of Congo's election board has postponed a long-anticipated presidential vote scheduled for Sunday by one week until December 30 after a fire destroyed voting materials. Already delayed repeatedly since 2016, the poll is meant to choose a successor to President Joseph Kabila,... 

Guinea-focused Bellzone Mining goes bust

By: Mariaan Webb     14th December 2018 Guinea-focused iron-ore company Bellzone Mining has called in the liquidators after its largest shareholder and main backer Hudson Capital prevented it from raising any further equity and debt. The company previously warned that it would go bust if it could not secure a fresh injection of cash... 

Mining convention for Kore’s Kola, Dougou prospects finalised

By: Marleny Arnoldi     7th December 2018 Dual-listed Kore Potash announced on Friday that the mining convention covering the company’s proposed staged development of the Kola and Dougou mining prospects has been finalised, following ratification by the parliament of the Republic of Congo. The gazetting of the mining convention allows... 

Microsoft data centres to impact local insurance market

7th December 2018 In May last year, Microsoft announced plans to launch two data centres in South Africa. Located in Johannesburg and Cape Town, these see the company targeting cloud services growth on the continent. These data centres will deliver the Microsoft Cloud, including Microsoft Azure, Office 365, and... 

Gupta mining boss JP Arora gunned down

By: News24Wire      3rd December 2018 The CEO of Gupta-owned JIC Mining, JP Arora, was killed in a shooting on New Road in Midrand on Saturday night, police have confirmed. SAPS spokesperson Captain Kay Makhubele said he could not confirm reports of Arora's car being sprayed with bullets. News24 has learned that Arora was returning... 

ACSA, Wits Access Management System challenge winner announced

By: Tasneem Bulbulia     16th November 2018 Team Authentic8 was on Friday declared the winner of the Airports Company South Africa (ACSA) and University of the Witwatersrand's (Wits') Tshimologong Digital Innovation Precinct’s security access management hackathon, also called the Access Management System Challenge. The announcement was... 

Second annual survey reveals increased IoT investment, real-time data sharing

2nd November 2018 Zebra Technologies today announced the results of its second annual “Intelligent Enterprise Index.” The Index is a global survey that measures where companies are on the journey to becoming an “intelligent enterprise” – one that connects the physical and digital worlds to drive innovation through... 

Second annual survey reveals increased IoT investment, real-time data sharing

2nd November 2018 Zebra Technologies today announced the results of its second annual “Intelligent Enterprise Index.” The Index is a global survey that measures where companies are on the journey to becoming an “intelligent enterprise” – one that connects the physical and digital worlds to drive innovation through... 

Cartrack aims for a million-plus subscribers by 2020

By: Irma Venter     31st October 2018 Cartrack should truly reach economies of scale in the next 24 months, when the mobile asset management and asset recovery company should reach one-million global subscribers, says CEO Zak Calisto. Speaking in Johannesburg as he announced Cartrack’s financial results for the six months ended... 

Save the date: Securex South Africa 2019 set to continue on integrated physical and cybersecurity path

31st October 2018 On the back of the most successful Securex South Africa expo to date in 2018, Africa's leading security and fire trade exhibition will return to Gallagher Convention Centre in Johannesburg for its 26th edition from 14 to 16 May 2019. “Securex South Africa 2018 drew in over 7,000 visitors, a more... 

Businesses need increased awareness when managing risks – Dlamini

By: Simone Liedtke     30th October 2018 Given the fact that the world is marked by volatility, uncertainty, complexity and increasing ambiguity, retail property group Massmart chairperson Kuseni Dlamini on Tuesday suggested that businesses need to be “that much more aware and vigilant in terms of managing risks in the most appropriate... 

Resgen, Noble reach agreement on security condition to financing facility

By: Tasneem Bulbulia     30th October 2018 ASX- and JSE-listed Resource Generation (Resgen) and Noble Resources International have agreed that the security to be provided as part of a revised funding arrangement between Noble and Resgen subsidiary Ledjadja Coal, be a share pledge over ResGen’s 74% interest in Ledjadja, which is held by... 

Cybersecurity must be managed at board level, urges Gautrain boss 

By: Irma Venter     30th October 2018 Cybersecurity must be managed proactively at board level, says Gautrain Management Agency (GMA) CEO Jack van der Merwe. “It must be led by senior management and assured by corporate governance. It is a line function and not a staff function.” 

Oppenheimers defend private terminal at Joburg airport 

By: African News Agency      30th October 2018 The Oppenheimer family on Tuesday fiercely defended their operation of a private terminal at the OR Tambo International Airport in Johannesburg at a meeting with MPs fraught with tension and disruption.  The briefing to Parliament's home affairs portfolio committee was at one stage disrupted by... 

Alliance Sensors Group Releases Two New LVDT Signal Conditioners

30th October 2018 Alliance Sensors Group has developed into “The Name in LVDT Signal Conditioning” due to the constant improvements and advancements made to its line of LVDT signal conditioners. Alliance Sensors Group was founded by Harold and Howard Schaevitz, widely known as the first family of LVDTs. The... 

US steel tariff fight stirs up a swarm of WTO litigation

By: Reuters     30th October 2018 The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over US metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada. The US tariffs attracted an unprecedented seven... 

S&P's says concerned about South Africa's fiscal consolidation, land reform

By: Reuters     30th October 2018 South Africa's sovereign rating risked being downgraded due to concerns about the postponement of fiscal consolidation and lack of clarity around land expropriation, a senior S&P's Global Ratings analyst said on Tuesday. Recession-hit South Africa last week unveiled a bleak budget that saw wider... 

Rail Enforcement Unit launched in Cape Town

By: African News Agency      29th October 2018 A much-anticipated Rail Enforcement Unit was launched during a ceremony on Cape Town railway station on Monday morning, with the hope of securing the safety of passengers and critical infrastructure on the city's beleaguered rail network. The establishment of the unit follows the memorandum of... 

Save on costs when moving Wi-Fi management to the cloud

By: Creamer Media Reporter      29th October 2018 Westcon is helping customers better manage the escalating costs of their WLANs with the delivery of Ruckus Cloud Wi-Fi. By placing the management of Wi-Fi in the cloud, the solution eliminates the growing need for on-premise controllers.   With Ruckus Cloud Wi-Fi, available to Westcon resellers,... 

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