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Advisian engages with clients to create greater value

     22nd July 2016 The South African operation of WorleyParsons’ global consulting business, Advisian, has experienced notable growth since its launch less than a year ago with its initial office of five members expanding to close to 100 in an effort to service the needs of clients and deliver expert strategic and... 

Eastern Cape gas-to-power hub plans on track

     22nd July 2016 The Eastern Cape’s plan to host a gas-to-power hub is well advanced with the Coega industrial development zone (IDZ) now clearly the province's preferred location for the development says Economic Development, Environmental Affairs and Tourism MEC Sakhumzi Somyo.  

Greenpeace International executive director visits Africa for the first time

By: David Oliveira     22nd July 2016 Greenpeace International executive director Bunny McDiarmid visited the Greenpeace Africa office in Johannesburg, earlier this month, to show solidarity and gain further insight into the key issues. The visit was McDiarmid’s first to Africa since taking office in April. 

IFC acquires 4% stake in ADvTECH

By: Megan van Wyngaardt     20th July 2016 The International Finance Corporation (IFC) has acquired a 2.5% equity stake in South Africa-based private education provider ADvTECH for R190-million. The investment will support ADvTECH’s expansion in sub-Saharan Africa, which is expected to lead to better educational access for at least 30 000... 

Ethos to list on JSE main board, aims to raise up to R2bn

By: Mia Breytenbach     18th July 2016 Ethos Capital intends to list its issued A ordinary share capital on the main board of the JSE. The listing would be subject to market conditions and the requisite approvals by the JSE. Rand Merchant Bank, a division of First Rand Bank, is acting as the financial adviser, sole global coordinator,... 

Nigeria Signs Landmark Agreement With Ipp Consortium To Address Power Deficit Through Commisioning Of 300mw Of Renewable Solar Power

     18th July 2016 On Thursday 14 July 2016 in London a consortium consisting of Nigus Greenergy [Nigeria] and Volt Renewables [South Africa] signed a landmark agreement with the Government of Nigeria for the development commissioning and operation on an IPP basis of 300MW of Solar PV Power Plants. The Power Plants... 

Gabon rail network to get €52.5m boost from IFC

By: Megan van Wyngaardt     15th July 2016 The International Finance Corporation (IFC) is providing €52.5-million of debt financing to boost the capacity and improve the efficiency of Gabon’s rail network and improve the Central African country’s trade and transport links. The financing was awarded to Société d'Exploitation du... 

Côte d'Ivoire to begin construction of two power plants by 2017 

By: Reuters     15th July 2016 Côte d'Ivoire will start building a gas-fired power station near its commercial capital Abidjan later this year with work on a second plant due to start by 2017 at the latest, a government official said on Thursday. The world's top cocoa grower has emerged from a decade-long of crisis as one of... 

Chinese firms continue to increase African investment footprint

By: Irma Venter     15th July 2016 Despite talk that the Chinese economy is in trouble and that China’s investment in Africa has subsided, investment by Chinese companies in Africa is, in fact, on the rise. China has indeed seen its economy slow down from 9% growth to 6% or 7%, but it is “still robust by any account”, says Goldman... 

Energy company signs 20-year power purchase agreement

     15th July 2016 Wind energy developments project management company Kipeto Energy, is one step closer to delivering additional clean energy to the people of Kenya following an announcement that it formally signed a 20-year power purchase agreement with Kenya Power last month. 

Increased imports and skills shortage threaten industry

By: Kimberley Smuts     15th July 2016 Increasing volumes of questionable quality paint from less regulated countries are reaching South Africa. This could negatively affect profitability and lead to more job losses for the local coatings sector. South African Paint Manufacturers Association (Sapma) executive director Deryck Spence... 

Infrastructure projects to proceed in African country

     15th July 2016 Fibre-optic sensors manufacturer and supplier Augusta Industries announced that the Trans Africa Pipeline (TAP) group entered into a memorandum of understanding with the government of the Islamic Republic of Mauritania last month. 

ABB inaugurates its first South African microgrid at Longmeadow headquarters 

     14th July 2016 Automation technology group ABB has commissioned an integrated solar-diesel microgrid installation at its 96 000 m2 Longmeadow facility in Johannesburg. This is the group’s first microgrid in South Africa. Mia Breytenbach tells us more.  

Creating Power for Sustainable Growth: POWER-GEN & DistribuTECH Africa

     13th July 2016 SSA socio-economic development hinges on energy With massive power shortfalls across the continent, Africa must look to increased generation, alternative energy and better grid management for growth 

Why Cape Town is home to South Africa’s most important meeting place for oil industry professionals

     12th July 2016 South Africa is a gateway to the continent, according to exhibitors and the new owner of Cape Industries Showcase 2016 One of South Africa’s key expos will bring a bigger focus on the oil and gas sector this September in Cape Town. 

Black & Veatch eyeing South Africa’s gas-to-power opportunity

By: Terence Creamer     12th July 2016 Despite falling electricity demand in South Africa, global engineering, procurement and construction (EPC) group Black & Veatch remains optimistic about prospects for the country’s power market, as well as energy prospects across Africa, where increased attention is being given to addressing the... 

Falling commodity prices, Chinese slowdown weigh on economic growth in sub-Saharan Africa 

By: Anine Kilian     11th July 2016 Sub-Saharan Africa’s (SSA’s) economy is likely to grow by 2.6% this year, says international trade credit insurer Coface.   It points out that commodity prices had plummeted 45% in two years, while the oil price had fallen almost 60% to around $50/bl, placing strain on countries that are heavily... 

Stable System Function For Demanding Tasks With Leuze

     11th July 2016 Stable system function and reduced downtime are only two of the advantages that the new generation Leuze SR 46 Series photoelectric sensors and light scanners offer users. Leveraging latest technology ensures an increased function reserve by up to 80% over the predecessor models for these... 

Proposed tax on sugar-sweetened beverages published 

By: Tracy Hancock     8th July 2016 National Treasury published a policy paper and proposals on the taxation of sugar-sweetened beverages (SSBs) for public comment on Friday. The problem of obesity had grown over the past 30 years in South Africa, resulting in the country being ranked the most obese country in sub-Saharan Africa. 

Wacker Neuson South Africa – preferred compact machine supplier for Floor Maintenance Equipment Services

     8th July 2016 “Wacker Neuson has made a difference to my business and I plan to replace my entire fleet of machines with Wacker Neuson equipment in the very near future,” states Leon van Vuuren, owner of Floor Maintenance Equipment Services. Based in Benoni, Gauteng, Floor Maintenance Equipment Services has... 

Automotive investment projects, South Africa

By: Sheila Barradas     8th July 2016 BMW SA, Ford Motor Company of Southern Africa and Volkswagen South Africa Group are undertaking multibillion-rand investment programmes to increase capacity at their respective assembly plants. 

Company supports impact of IPP projects in Africa

By: Robyn Wilkinson     8th July 2016 Consulting, engineering, procurement and construction services provider Black & Veatch will support the evolution of independent power producer (IPP) projects already under way in South Africa. 

Event will catalyse power sector advancement

     8th July 2016 By bringing together over 2 000 stakeholders from across the power value chain – from generation through to end-users – Power-Gen Africa 2016 aims to facilitate networking and knowledge sharing that catalyses power sector advancement across the continent, says energy consultancy firm EON... 

Improved walkability boosts local retail spend, report shows

By: Mia Breytenbach     8th July 2016 Improved walkability has been shown to increase local retail spend, enhance the value of local services and create more jobs, states engineering consulting firm Arup in its newly launched ‘Cities Alive: Towards a walking world’ report. With more than 70% of the world’s population set to live in... 

Increased pan-African focus at Power-Gen

     8th July 2016 Power-Gen Africa 2016 has stepped up its pan-African focus with the aim of serving as the continent’s premier knowledge sharing and networking hub for the power generation and distribution sectors, says event organiser PennWell international conferences director Nigel Blackaby. 

More needs to be done to meet Africa’s energy needs

     8th July 2016 African Development Bank (AfDB) president Akinwumi Adesina believes that a lot more needs to be done in Africa, given the continent’s energy potential and the huge needs to be met. Energy is thus at the top of the AfDB’s five major priorities, with the energy and climate change theme highlighted... 

Power-Gen Africa a valuable platform for consulting engineers

By: Robyn Wilkinson     8th July 2016 Power-Gen Africa provides global engineering consultants WSP|Parsons Brinckerhoff with a platform for the company to continue raising its brand profile in the consulting engineering network and to collaborate with like-minded industry players and explore potential new business opportunities,... 

SA’s first public rail infrastructure

By: Jade Davenport     8th July 2016 It has been established that South Africa’s first rail-esque infrastructure was a 1.6N km oxen-operated wooden line, which was laid along Durban’s Bluff in 1856 to facilitate the conveyance of quarried sandstone for the construction of the harbour’s North Pier. However, the country did not have... 

South Africa should retain, expand and add new exporters to boost economic growth

By: Mia Breytenbach     8th July 2016 If South Africa retains 50% of its exporters in one year, the country, whose projected growth for 2016 is forecast at about 0.7%, can grow the economy by an additional half a per cent, says independent economist Dr André Gouws. Speaking at the international export/import multi-sector business and... 

Greenpeace International executive director visits Africa for the first time 

By: David Oliveira     6th July 2016 Greenpeace International executive director Bunny McDiarmid visited the Greenpeace Africa office in Johannesburg, on Wednesday, to show solidarity and gain further insight into the key issues. The visit was McDiarmid’s first to Africa since taking office in April. 

Wacker Neuson opens its heart to needy children in Africa

     5th July 2016 In March 2016, a donation of R172 000,00 was handed over to two SOS Children’s Villages in Africa by Eugene Brown, Regional President for the sub-Saharan Africa Region, on behalf of the Wacker Neuson Group. Recognising the tremendous need for assistance by the Villages in Pietermaritzburg, South... 

Long-term global infrastructure growth projected to inch to 5% per year by 2020

By: Anine Kilian     4th July 2016 Analysis released by global consulting firm PwC predicts that global spending  on capital projects and infrastructure (CP&I) will grow by 5% a year within four years, doubling the low rates of growth of just 2% expected this year. The analysis by Oxford Economics, which examined spending across... 

Intelsat, AfricaOnline partner to offer broadband connectivity across sub-Saharan Africa

By: Creamer Media Reporter      4th July 2016 NYSE-listed satellite operator Intelsat and communications service company Gondwana International Networks have teamed up to deliver managed broadband Internet services across sub-Saharan Africa. The parties aimed to provide high-quality, Ku-band broadband services on a virtual network operator... 

Engen’s Agnes Yahuma scoops prestigious fellowship

     1st July 2016 The American Embassy in Kenya recently contacted Agnes Yahuma – Engen’s head of supply in the country - to confirm her attendance of the prestigious Mandela Washington Fellowship Programme. The Mandela Washington Fellowship for Young African Leaders is a programme backed by the United States... 

Botswana markets itself as an attractive business destination

By: Dylan Slater     1st July 2016 Several key factors make doing business in Botswana attractive, according to Botswana high commissioner Zenene Sinombe, who posed several key sentiments of business opportunities during the launch of inter-country relations promotion platform the Africa Matchmaking in May.  

Cities are ‘future hope’ for construction, infrastructure project spend

By: Mia Breytenbach     1st July 2016 The most significant new space and area of “future hope” for construction and infrastructure projects, not just in South Africa, but Africa more broadly, will be cities, provided that local government can focus on effective infrastructure delivery procurement processes, says professional services... 

Foreign direct investment into South Africa fell sharply in 2015

By: Terence Creamer     1st July 2016 Foreign direct investment (FDI) inflows to South Africa slumped to a ten-year low of only $1.8-billion in 2015, a 69% decline, the latest World Investment Report (WIR16) shows. Inward FDI into Africa’s most developed economy was recorded by the United Nations Conference on Trade and Development... 

Import prices on steel not the best solution

By: Robyn Wilkinson     1st July 2016 International trade credit insurer Coface credit analyst Kyle Mason says that government would do better to provide benefits to local entities using locally-produced steel than to further impose import and anti-dumping tariffs. 

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