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African ports define development roadmap for 2018 and beyond

     22nd September 2017 Over 20 African ports authorities, terminal operators and Ministries of Transport convene in Durban, South Africa this October for strategic think-tank discussions around port optimisation and modernisation across the region.  The African Ports Evolution initiative sets the backdrop for the... 

IFC provides $150m loan to assist BMW SA’s production plans

By: Irma Venter     20th September 2017 The International Finance Corporation (IFC), a member of the World Bank, will assist in financing BMW Group South Africa’s (BMW SA’s) R6-billion investment in its Rosslyn plant, set to produce the new BMW X3. The $150 million loan comes as South Africa “seeks new sources of economic growth after... 

Consortium to acquire 30% stake in Ethos Private Equity

By: Creamer Media Reporter      19th September 2017 RMI Investment Managers and Royal Investment Managers (RIM) will, as the RMI & RIM Consortium, acquire a 30% interest in private equity investment firm Ethos Private Equity through a series of transactions. The transactions will include a vendor-facilitated black economic empowerment component... 

Renttech SA: ‘Business as usual’ – with a renewed focus: New MD to ensure higher than ever service, product and technical excellence

     18th September 2017 Renttech South Africa has a proud 20-year track record of providing a combination of high-quality local and international branded equipment for rental or purchase, allied to superb customer service and business integrity. After two decades, a new Managing Director, Duncan Whitehead, has taken up... 

Engen launches innovative Pharmacy Concept in Kenya

     18th September 2017 Engen launched its first pharmacy in Kenya earlier this month at its highly-successful Hurlingham branch in Nairobi, in partnership with Payless Pharmacy.   Selling over-the-counter and prescription medication, the pharmacy is yet another source of convenience for consumers to choose Engen.... 

New business appointments at DEHN Africa

     15th September 2017 DEHN Africa (PTY) LTD has appointed a new managing director, Hannes Ackermann, and promoted incumbent technical manager Hano Oelofse to the position of technical director. DEHN Africa is the local subsidiary of Germany-based lightning and surge protection, earthing components and safety equipment... 

Complexities of CFTA leave completion date undecided, but much progress has been made

By: Natasha Odendaal     14th September 2017 The sheer scale and complexities involved in negotiating a single rule book for the trade of goods and services on a continent that is home to 54 countries at different levels of development and expertise leaves much uncertainty as to whether the singular agreement will be concluded and signed by... 

Capitalworks launches $300m sub-Saharan Africa investment company

     14th September 2017 Independent alternative asset manager Capitalworks Group has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in midmarket companies in strategically selected sectors across sub-Saharan Africa, but excluding South Africa. Africa Capitalworks aims to... 

Afrox unveils Genie® Helium N6.0

     12th September 2017 Afrox has unveiled its own genie in a bottle in the form of Genie® Helium N6.0. With a guaranteed minimum purity of 99.9999%, this speciality gas is a certified Helium N6.0 product, and also offers smart technology and portability in a revolutionary new packaging. Andisha Dukkan, Head of... 

Flsmidth Goes Local In Ghana With New Office Opening

     11th September 2017 FLSmidth is further entrenching its Africa footprint with the opening of a new subsidiary company in Accra, the capital of Ghana. According to Deon de Kock, FLSmidth country head in South Africa and vice president in Sub-Saharan Africa, the move has been made in response to the company’s critical... 

Infrastructure expansion will boost oil rig traffic

     8th September 2017 South African ports are projected to receive an injection of almost R44.4-billion over the coming five years from State-owned logistics operator Transnet, which will increase the number of oil rigs docking for maintenance and repairs in South Africa, says defence and security solutions supplier... 

Toyota expects SA vehicle market to show modest growth in 2017

By: Irma Venter     8th September 2017 The 2017 new-vehicle market will probably end the year “slightly up” on 2016, says Toyota South Africa Motors (TSAM) CEO Andrew Kirby. TSAM’s forecast is for a market of 552 000 vehicles in 2017, compared with 547 000 units in 2016. At 555 000 units, 2018 does not hold much promise, either. 

Hyprop lifts distributions in FY17

By: Natasha Odendaal     1st September 2017 JSE-listed Hyprop on Friday posted a 12.1% hike in dividend to 695.1c a share for the financial year ended June 30. The real estate investment trust reported that distributable earnings benefited from the inclusion of R101.8-million in income from the investments in South-Eastern Europe, up from... 

Necsa says second reactor would strengthen Pelindaba’s global nuclear medicine position

By: Keith Campbell     1st September 2017 The worldwide nuclear medicine market in 2016 was worth more than $11-billion and is projected to be worth almost $20-billion by 2021. The South African Nuclear Energy Corporation (Necsa), through its use of its Safari-1 research reactor and its subsidiary company, NTP Radioisotopes, is one of... 

Isuzu Motors South Africa unveils leadership changes

By: Irma Venter     1st September 2017 Isuzu Motors South Africa (IMSAf) has announced a number of leadership appointments in support of the purchase of all Isuzu-related assets from General Motors South Africa (GMSA), effective January next year. Haruyasu Tanishige, in addition to his current role of senior executive officer for the... 

Necsa says second reactor would strengthen Pelindaba’s global nuclear medicine position

By: Keith Campbell     1st September 2017 The worldwide nuclear medicine market in 2016 was worth more than $11-billion and is projected to be worth almost $20-billion by 2021. The South African Nuclear Energy Corporation (Necsa), through its use of its SAFARI-1 research reactor and its subsidiary company NTP Radioisotopes, is one of... 

Policy limits South African gas economy

By: Marleny Arnoldi     1st September 2017 Policy and legislation on natural gas are currently bottlenecked in South Africa, which creates limits to South Africa’s gas economy growth, says growth strategy company Frost & Sullivan.  

Servest acquires stake in ICT services company

By: Mia Breytenbach     1st September 2017 International facilities management provider Servest has partnered with investment company Bottega InvestCo in the acquisition of integrated information and communications technology (ICT) services company Getronics. The transaction, which is supported by specialist banking and asset management... 

Gas vital to South Africa’s energy mix

By: Anine Kilian     31st August 2017 All countries face energy challenges and must manage this by improving energy security and economic development, without compromising sustainable development, Department of Science and Technology (DST) director-general Dr Phil Mjwara said on Thursday. He pointed out that sub-Saharan Africa was... 

Atterbury’s Kumasi City Mall development wins the API Award for African retail property

     29th August 2017 Kumasi City Mall, developed by leading South African property development and investment company Atterbury, has won the first ever Africa Property Investment (API) Award for retail real estate. The awards, announced at the recent API Summit and Expo 2017 held in Sandton Central, recognise... 

Air filtration solutions ensures that requirements are met

By: Victor Moolman     25th August 2017 Filter technology manufacturer Freudenberg Filtration Technologies says its hygienic air filtration solutions help ensure that clients in the food and beverage sector meet the most stringent regulatory requirements. 

British Trade Policy Minister again assures Southern Africa over future trade

By: Keith Campbell     25th August 2017 Following his recent trip to South Africa for talks with senior representatives of the countries of the Southern African Customs Union (SAC) – Botswana, Lesotho, Namibia, South Africa, and Swaziland – (plus Mozambique), UK Trade Policy Minister Lord Price wrote a column which was issued by the... 

Infrastructure key to unlocking trade and value chains across SADC region

By: Anine Kilian     25th August 2017 It is common cause that industrialisation across the Southern African Development Community (SADC) is key to diversifying the regional economy away from its current reliance on export of raw commodities and to supporting economic growth and employment creation. There is broad acceptance that SADC... 

S African packaging specialists acquired by international company

     25th August 2017 International supplier of plastic packaging ALPLA – which produces packaging for the food and beverage industry – last month bought South Africa-based packaging specialists Boxmore Packaging. 

Two chain elevators to be supplied to plant in KZN

By: Victor Moolman     25th August 2017 Two TAKRAF Redler chain elevators will be supplied later this year to family-owned food and beverage company Willowton Oil and Cake Mills (WO&CM) for its plant in Pietermaritzburg, in KwaZulu-Natal, says equipment supplier Tenova TAKRAF Africa (TAKRAF Africa). 

Zambia to get first wind power plant

By: African News Agency      24th August 2017 The US Trade and Development Agency (USTDA) has approved a $1.05-million grant to support a feasibility study for Zambia’s first wind power plant. The funding was awarded to renewable power project developer, Access Power and its strategic partner, EREN Renewable Energy (EREN RE),... 

Incorporate ‘lean’ principles throughout the supply chain to improve bottom line

     24th August 2017 While very few businesses doubt the value of ‘lean’ principles – such as customer focus, removing waste, keeping score and empowering people – not many take the implementation process far enough in order to improve the agility of their supply chain management and increase their bottom line.... 

Advisian appoints Adam Boughton to grow infrastructure business

     24th August 2017 Advisian, the technical and management consulting division of WorleyParsons, has appointed Adam Boughton to the newly created role of Regional Director Infrastructure, Europe, Middle East and Africa (EMEA). Reporting to EMEA Managing Director Adrian Smith, Adam will serve as a member of the EMEA... 

Advisian appoints Adam Boughton to grow infrastructure business

     23rd August 2017 Advisian, the technical and management consulting division of WorleyParsons, has appointed Adam Boughton to the newly created role of Regional Director Infrastructure, Europe, Middle East and Africa (EMEA). Reporting to EMEA Managing Director Adrian Smith, Adam will serve as a member of the EMEA... 

New Isuzu SA business to be headed by GMSA CFO, Michael Sacke

By: Irma Venter     22nd August 2017 Isuzu Motors South Africa (IMSAf) on Tuesday announced a number of leadership appointments in support of the purchase of all Isuzu-related assets from General Motors South Africa (GMSA), effective January next year. Haruyasu Tanishige, in addition to his current role of senior executive officer... 

Focus needed to maximise S Africa’s export potential

By: Robyn Wilkinson     18th August 2017 The future of the South African materials handling sector will be impacted on significantly by sub-Saharan Africa development and the ability of South Africa to leverage its export capabilities on the subcontinent, says engineering consultant WSP Africa transport and infrastructure divisional... 

Neutral Internet exchange point reports strong growth in African demand

By: Schalk Burger     18th August 2017 Local neutral access Internet exchange peering service NAPAfrica achieved 200 Gb/s of traffic in July as a result of significant demand from neighbouring countries and sub-Saharan Africa (sSA), says data centre company Teraco Data Environments business development manager Michele McCann. The... 

No fireworks expected for 2018 SA, sub-Saharan new-vehicle markets

By: Irma Venter     14th August 2017 The 2017 new-vehicle market will probably end the year “slightly up” on 2016, says Toyota South Africa Motors (TSAM) CEO Andrew Kirby. TSAM’s forecast is for a market of 552 000 vehicles in 2017, compared with 547 000 units in 2016. At 555 000 units, 2018 does not hold much promise, either. 

BI appoints new Human Resources Manager

     11th August 2017 Leading distributor Bearings International (BI), a member of the Hudaco Group, has appointed Colleen Daniels as Human Resources Manager at BI Parkhaven, with effect from 2 May 2017. As part of the management team, Daniels will report directly to CEO Burtie Roberts. BI’s main industry focus is the... 

BMG to distribute Eaton’s conveyor solutions across sub-Saharan Africa

By: Mia Breytenbach     11th August 2017 Power management solutions provider Eaton has signed a distribution partnership agreement with technical solutions provider and engineering consumables and components distributor Bearing Man Group (BMG), whereby BMG will be responsible for the distribution of Eaton’s range of conveyor solutions... 

Rust-prevention sealing system ideal for corrosive environments

By: Nadine James     11th August 2017 Engineering components manufacturer Bearing Man Group’s (BMG’s) range of sealing products includes the Rust-Anode cold galvanisation system, designed for rust prevention in diverse industries, says BMG seals business unit manager Marc Gravett. He explains that Rust-Anode is the first active cold... 

Wacker Neuson staff members roll up their sleeves for Operation Renovate!

     10th August 2017 On 14 July 2017 Wacker Neuson South Africa’s premises in Robertville on Johannesburg’s West Rand was a hive of activity as Operation Renovate swung into action. The premises which include a warehouse, workshop and offices have been ‘home’ to Wacker Neuson South Africa for over 36 years. 

Omnia acquires Umongo to strengthen its chemical business

     10th August 2017 Chemical services business Omnia Group’s acquisition of a 90% stake in Umongo Petroleum, effective from 1st March this year, will create new opportunities for Omnia’s chemical business by broadening its current offering and strengthening its sub-Saharan Africa strategy. 

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