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Cushman & Wakefield Excellerate Advisory appoints Gavin Klarmann to head its comprehensive property occupier and investor advisory services

     23rd September 2016 Cushman & Wakefield Excellerate Advisory has received a considerable boost with the appointment of real estate industry veteran Gavin Klarmann, who is committed to continue driving property advisory disciplines forward in South Africa, and delivering the best international standards in the local... 

Oceanwide Logistics Opens In South Africa – Expanding Company’s Growing Global Network

     22nd September 2016 Comprehensive Sea/Air/Land Freight and Logistics Solutions Offered Across South Africa from Durban Headquarters OL International Holdings LLC (OL International) today announced the launch of Oceanwide Logistics SA (Pty) Ltd (OL South Africa) with the opening of its newest office in Umhlanga,... 

Weakness in economy becoming more broad-based

By: Anine Kilian     22nd September 2016 The weakness in South Africa’s economy is coming from all sectors and increasingly becoming more broad-based, says Nedbank economist Nicky Weimar. Speaking at the eighth Integrated Housing Solutions Affordable Housing Summit, in Johannesburg, on Thursday, she pointed out that the 3.3%... 

Ghana could be Africa's number four oil producer by 2020 – report

By: Reuters     22nd September 2016 Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240 000 bl/d, pan-African bank Ecobank said on Wednesday. The West African country produces around 103 000 bl/d ranking it ninth, far behind... 

Unctad proposes import-substitution strategy for South Africa 

By: Terence Creamer     21st September 2016 African economies will grow on average by only 2% in 2016 and South Africa by just 0.3%, the United Nations Conference on Trade and Development’s (Unctad’s) latest Trade and Development Report states. North Africa will expand by 1.7% and sub-Saharan Africa by 2.8%, excluding South Africa. The... 

Emerging economies to drive global speciality chemicals growth

By: Anine Kilian     21st September 2016 The consumption of speciality chemicals globally is expected to increase by 5% between 2015 and 2019, driven primarily by emerging markets, says Frost & Sullivan Chemicals Materials and Food Industry analyst Constance Nyambayo. Countries that have traditionally been at the forefront of the... 

Uber pilots dashcams in Cape Town

By: News24Wire      21st September 2016 Internet ride-sharing app Uber has launched a month-long dashcam pilot in Cape Town amid the service experiencing recent safety concerns. The digital cameras record what is happening in front of the Uber cars on the road as well as inside vehicles where riders and drivers sit, Uber Africa... 

Zuma warns illicit financial outflows hinder Africa’s development 

By: African News Agency      21st September 2016 President Jacob Zuma has warned that illicit financial flows out of Africa of about $50-billion a year were depriving the continent of much needed resources for development. In a statement on Wednesday, the Presidency quoted Zuma as saying: “Illicit financial flows deprive developing countries of... 

More than $1bn in Power Africa commitments finalised – USAID chief

By: Reuters     21st September 2016 More than $1-billion in debt and financing commitments from US agencies and private investors is set to be announced on Wednesday for US President Barack Obama's signature Africa energy initiative, Power Africa, a top USAID official said. The latest deals were finalized around a US-Africa... 

ADVISIAN SSA appoints Steve Burks to Operational Excellence Advisory role

     19th September 2016 Advisian, the independent advisory business line of WorleyParsons, has appointed Steve Burks as its principal of Operational Excellence for the Sub-Saharan Africa region. Steve has over thirty years of experience in the environment of processing plants and mines, mostly gained working in the... 

Regulatory, operational uncertainties maintain hold on sub-Saharan African mining sector

By: Natasha Odendaal     16th September 2016 Regulatory uncertainty and operational challenges pose the greatest risks to sub-Saharan Africa focused mining companies. Despite the optimism around the gradual recovery in commodity prices, vast mineral reserves and sub-Saharan Africa's low production costs, a new report released by BMI... 

Beijing Automotive Group and Industrial Development Corporation to build new vehicle plant 

     15th September 2016 Chinese vehicle manufacturer Beijing Automotive Group and South Africa’s Industrial Development Corporation has announced the establishment of a new vehicle plant, to be located in the Coega Industrial Development Zone, near Port Elizabeth. 

Water fund to slake Cape Town's thirst by restoring native bush

By: Reuters     15th September 2016 Cape Town is planning to launch a new fund by the end of 2017 that will improve its water supply by restoring the native shrubland plants covering the region's watersheds and aquifers. Amid uncertain rainfall patterns as the planet warms, protecting indigenous vegetation should yield more water... 

Airbus Group sees helping African aeronautics sector as good business

By: Keith Campbell     15th September 2016 The Airbus Group (parent of Airbus, Airbus Defence and Space and Airbus Helicopters) is committed to help develop aeronautical industries in Africa, because it believes that this makes good business sense. For the Group, Africa is defined as sub-Saharan Africa plus Morocco (with Egypt, Libya,... 

UK committed to increasing both defence and wider business with South Africa

By: Keith Campbell     14th September 2016 Trade in the defence and security sector between the UK and South Africa is increasingly significant, British High Commissioner to South Africa Dame Judith Macgregor told Engineering News Online on Wednesday. "It's not a huge part of our trade relationship but it is important and growing and it's... 

Third Year In A Row: 13 Global Awards For Broll

     14th September 2016 In the much coveted global real estate survey, Broll Property Group, a CBRE affiliate was given 13 international awards with overall award for leading Advisors and Consultants in Africa. Broll Property Group won 13 awards in the Euromoney Real Estate Awards 2016. 

Aspen expands anaesthetics portfolio with product acquisitions

By: Megan van Wyngaardt     12th September 2016 To further expand its footprint in the anaesthetics field, healthcare solutions provider Aspen Pharmacare has signed agreements with a number of GlaxoSmithKline’s (GSK’s) subsidiaries to acquire a portfolio of anaesthetics globally. The portfolio, which comprises five established medicines,... 

Air pollution costing economies billions of dollars – World Bank

By: Natasha Odendaal     8th September 2016 Air pollution has emerged as the deadliest form of pollution and is costing the global economy hundreds of billions of dollars and hampering economic development, a new study by the World Bank and the Institute for Health Metrics and Evaluation has found. The ‘Cost of Air Pollution: Strengthening... 

Africa needs better credit to keep developing – FSD Africa

By: Megan van Wyngaardt     8th September 2016 Policymakers and donors on the continent need to play a more active role in enabling credit markets to open up in a positive way, a new research report by Financial Sector Deepening Africa (FSD Africa) states. The report added that Africa was “severely under-lent” and needed more and better credit. 

Wacker Neuson - keeping South Africa’s beaches spotless

     7th September 2016 South Africa’s 2 500 kms of coastline with its beautiful beaches are popular for local as well as international tourists and keeping these natural resources spotless is vital for the country’s tourism industry. The ability of current beach cleaning to remove glass and other debris smaller than... 

Big bet on agriculture pays off for African nations

By: African News Agency      6th September 2016 A decade of paying intense attention to farming has generated “the most successful development effort” in African history, according to a report released by the Alliance for a Green Revolution in Africa (AGRA) at the UN’s African headquarters on Tuesday. Analysis of AGRA’s 2016 African... 

Davies launches new ship-repair facility in Durban

By: Anine Kilian     2nd September 2016 The ship and boat manufacturing industry in South Africa has a great opportunity to supply and service sub-Saharan Africa with working vessels as required by State agencies for various activities, Trade and Industry Minister Dr Rob Davies said on Friday. Speaking at the naming ceremony of the new... 

Rocket explodes on launch pad in blow to Elon Musk's SpaceX

By: Reuters     2nd September 2016 An explosion destroyed a Falcon 9 rocket belonging to Elon Musk's SpaceX and its cargo during preparations for a routine test firing at Cape Canaveral in Florida on Thursday, two days before it had been due to blast off and place a satellite in orbit. SpaceX said there were no injuries and that... 

African auto association initiates talks with Nigeria on policy support

By: Irma Venter     2nd September 2016 A delegation from the African Association of Automotive Manufacturers (AAAM), led by chairperson Jeff Nemeth, has visited the Nigerian capital, Abuja, with the aim of creating a framework for policy development that will support the growth of the Nigerian automotive industry. Nemeth is also the... 

Newest firefighting technology delivered to South Africa

By: Nadine James     2nd September 2016 Fire protection technology provider DoseTech is promoting the concept of firefighting trailer-mounted (FTM) units to the sub-Saharan Africa oil industry, and has concluded the delivery of the first system to the South African market. Further, the company is in discussions with a South African... 

West Lunga solar farm project, Zambia

By: Sheila Barradas     2nd September 2016 The project involves the construction of a utility-scale solar facility. 

Fluor Opens Botswana Office

     31st August 2016 Fluor Corporation announced that it has opened an office in Gaborone, Botswana, which will serve as the company’s operations base to expand and diversify business activities across sub-Saharan Africa.  Charles Siwawa, chief executive officer of the Botswana Chamber of Mines, participated along... 

Construction of BAIC, IDC Coega auto plant to be completed in Q1 2018

By: Irma Venter     30th August 2016 Chinese vehicle manufacturer Beijing Automotive Group (BAIC) and South Africa’s Industrial Development Corporation (IDC) on Tuesday announced the establishment of a new vehicle plant, to be located in the Coega Industrial Development Zone (IDZ), near Port Elizabeth. It will be the first new car... 

Silo cleaning service expands into sub-Saharan Africa

     26th August 2016 Furnace and industrial service Dickinson Group of Companies offers a highly specialised service for cleaning contaminated and clogged up bulk storage containers to manufacturing companies across sub-Saharan Africa, the Middle East and Asia.  

Deteriorating global supply chain market faces increasing obstacles

By: Natasha Odendaal     25th August 2016 The latest data from the Chartered Institute of Procurement and Supply (CIPS), released on Thursday, reveals escalating operational risk, both globally and in sub-Saharan Africa, owing to the prolonged slump in global commodity prices and the slowdown in emerging markets. The CIPS risk index... 

Sasol awards SNC-Lavalin five-year contract

By: Anine Kilian     25th August 2016 Engineering and construction group SNC-Lavalin has been awarded a mechanical engineering-led framework agreement and associated project management services contract by petrochemicals group Sasol, in support of the general maintenance projects at its sub-Saharan Africa sites.   The five-year... 

Twinsaver investing R580m in new equipment

     25th August 2016 Branded tissue products manufacturer Twinsaver has committed R580-million to the installation of new production equipment at its Bellville and Kliprivier operations. It has already completed the installation of an R80-million two-ply converting line at its Bellville factory, in the Western Cape,... 

Bidcorp achieves FY profit increase

By: Anine Kilian     24th August 2016 JSE-listed Bidcorp reported a 32.5% year-on-year increase in its headline earnings a share to R10.80, while basic earnings a share increased by 26.1% year-on-year to R10.34 for the year ended June 30. The company, which was spun out of Bidvest and listed on the JSE in May, announced a 20.8%... 

South Africa not surrendering its steel industry, says Davies

By: Kim Cloete     23rd August 2016 South Africa’s steel industry is facing some serious challenges, brought on by a global steel glut of 44-million tons a year, but it is vital for the country to do everything possible to maintain a sustainable, competitive steel industry as it is of strategic importance to the country, says Trade... 

Basil Read intensifies focus on integrated housing development to strengthen order book

By: Megan van Wyngaardt     23rd August 2016 Construction company Basil Read will be focusing in particular on the integrated housing development sector to drive future growth and strengthen its order book, as this “is a real opportunity for South Africa”. Speaking to Engineering News Online on Tuesday, CEO Neville Nicolau highlighted that... 

Fit-For-Purpose Wear Solutions

     22nd August 2016 Pressure on maintenance budgets coupled with the need to increase productivity while reducing unplanned downtime in the mining, quarrying and power sectors of the market presents a unique set of challenges. One of the most obvious ways to cut costs is to look at areas in the plant where excessive... 

Political risk, poor infrastructure and lack of geodata stymying African exploration

By: Jade Davenport     19th August 2016 It is an age old adage that, when the mining industry enters a slump, exploration budgets, particularly those designated for greenfield activities, are the first to be curtailed. This has certainly been reiterated over the last few years as the drastic slump in commodity prices and, consequently,... 

Broadband opportunities and challenges for Africa

     19th August 2016 By Kuseni Dlamini In a global economy increasingly characterised by information, broadband networks are the essential pathways along which the information content, services and applications travel. Broadband network infrastructure has transformed economic activity in much the same way as the... 

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