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Topic - Tanzania
Feb 14, 2014
Aim- and AltX-listed Kibo Mining on Friday appointed Andreas Lianos as an executive director, effective March 1. The 47-year-old is a chartered accountant, certified management accountant, certified internal auditor and a JSE-qualified executive.
Feb 12, 2014
Bulyanhulu mine
Following a year in which African Barrick Gold (ABG) introduced a sweeping operational review to buffer against a subdued gold price, the company has beaten its full-year production guidance by 7% and increased year-on-year output to 641 931 oz for the 12 months...
Feb 07, 2014
The construction of a new mega terminal at Tanzania's Julius Nyerere International Airport (JNIA) in Tanzania is finally set start, after a delay of more than six years. The authorities in the East African nation announced the contractor would move on site before the...
Feb 07, 2014
MATT ASH South African public and private sector focus on renewable energy has stimulated greater public sector interest in renewable energy throughout the sub-Saharan Africa region
Challenges in assisting foreign contractors to understand the requirements of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), specifically with regard to the pass-through of risk and the ambit of force majeure, seem to...
Feb 07, 2014
Africa is blessed with natural resources – key inputs to the manufacturing process. However, as is well known, the majority of these natural resources are exported to the developed world in their raw or semi-processed form, says Frost & Sullivan Africa industry...
Feb 05, 2014
Feb 05, 2014
Junior explorer Kibaran Resources has signed a non-binding memorandum of understanding (MoU) with Aim-listed Richland Resources to consolidate its Merelani-Arusha graphite project, in Tanzania, with other assets in the region. Under the terms of the MoU, the two...
Feb 04, 2014
African Barrick Gold (ABG) has completed the transfer of the Tulawaka gold mine and certain exploration licences to Tanzanian State mining company Stamico, after announcing the $4.5-million deal in November. ABG said in a statement on Tuesday that it would also...
Feb 03, 2014
Feb 03, 2014
Feb 03, 2014
Feb 03, 2014
Jan 31, 2014
Efforts to increase access to power infrastructure in Africa have received a boost following a $350-million financing agreement between industrial and finance heavyweights General Electric (GE) and Standard Bank, which will aim to provide affordable access to power...
Jan 31, 2014
Fund manager Liberum Capital has sung the praises of emerging gold producer Shanta Gold, describing the Tanzania-focused miner as “on a roll”. “Already this year, it has announced a resource and reserve update at its flagship New Luika mine, in Tanzania, and a...
Jan 31, 2014
The protracted dispute between Ethiopia and Egypt over the construction of a mega dam on Nile river might be headed to the UN Security Council. After weeks of negotiations to resolve the dispute, ignited by Ethiopia’s determination to construct the Grand...
Jan 30, 2014
Niobium hopeful Cradle Resources on Thursday reported that a scoping study for its Panda Hill project, in Tanzania, had indicated the potential for a highly economic project. The scoping study indicated that with an initial capital investment of about $185-million,...
Jan 29, 2014
Following an extensive drill programme at its Singida project, in Central Tanzania, East Africa-focused gold producer and explorer Shanta Gold has announced a maiden reserve of 1.39-million tons at 5.1 g/t for 230 000 oz of recovered gold. The ore reserve estimate,...
Jan 29, 2014
A new index by the Gordon Institute of Business Science (GIBS) has provided “empirical” proof of Africa’s growth story, however, the Middle East has also emerged as strong performer. The GIBS Dynamic Markets Index (DMI) showed that progressive structural...
Jan 28, 2014
Although an increasing number of countries in sub-Saharan Africa achieved strong growth in recent years, which increased living standards and reduced poverty, while also making economies stronger and more resilient, many challenges remained, the International...
Jan 27, 2014
The Motsepe Foundation has committed R11-million to (Red) to support the Global Fund’s drive to eliminate aids, tuberculosis and malaria. This followed the announcement on Friday by (Red) that its new partner, the Bank of America, had committed $10-million, and...
Jan 24, 2014
Communications solutions provider Alcatel-Lucent this week said it planned to upgrade the East African coast’s 10 000 km submarine cable system with the latest 100 Gb/s technology. The 4.72 Tb/s, two fibre-pair Eastern Africa Submarine Cable System (EASSy) undersea...
Jan 24, 2014
ASX-listed exploration firm Genesis Resources has become the latest Australia-based takeover target of Singapore-listed Blumont Group. Genesis told shareholders on Friday that it had signed a bid implementation deed with Blumont, which would make an off-market...
Jan 24, 2014
NEW ERA FOR ETHIOPIA A model of one of the two 1 m optical telescopes at the Entoto observatory
The International Astronomical Union (IAU) has signed an agreement with the Ethiopian Ministry of Science and Technology, Ministry of Education, Addis Ababa University and the Ethiopian Space Science Society (ESSS) to establish the East African regional node of the...
Jan 24, 2014
An encouraging trend in South African universities is the maturing collaboration with industry, where companies are actively involved in preparing students for the workplace, says Nelson Mandela Metropolitan University (NMMU) Department of Computer Sciences Professor...
Jan 24, 2014
ZEST WAREHOUSE By focusing on effficiently managing the different processes in its warehouses, the company’s clients will benefit from timely shipments, which will ensure that products will be available to clients when needed
South Africa-based motor and controls supplier Zest WEG Group is implementing a warehouse management system at its head office in Linbro Business Park, in Johannesburg, to take customer service to another level.
Jan 23, 2014
Aim- and AltX-listed Kibo Mining on Thursday released a shareholder update in which it reflected on a milestone year in which the mineral exploration and development company underwent a complete restructuring of its board and executive management team and advanced...
Jan 21, 2014
Africa-focused gold miner Resolute Mining has increased production during the three months to December to 98 132 oz, compared with the 84 274 oz produced during the September quarter, as its Syama operation in Mali nearly doubled production. During the quarter under...
Jan 17, 2014
Jan 14, 2014
Low-cost airline fastjet’s operations in Tanzania carried 37 458 passengers in December 2013, the highest number of passengers in one month since fastjet started operations, with the airline’s new Dar es Salaam to Mbeya route noted as a key contributing factor....
Jan 13, 2014
The International Astronomical Union (IAU) has signed an agreement with partners in Ethiopia to host an East African regional node of the IAU Office of Astronomy for Development (OAD). This would be the first regional node established on the African continent and...
Jan 13, 2014
Aim-listed Stratex International said on Monday that it would narrow its exploration focus on its Senegal-based Dalafin project after it had produced “encouraging” first drill results. The gold and base metals exploration and development company had already...
Jan 10, 2014
Power & Electricity World Africa - the continent’s largest power and electricity show - takes place at the Sandton Convention Centre from 11-12 March 2014. The show - a combination of conference, exhibition and series of seminars – is the leading market place and...
Jan 08, 2014
Two hundred and forty-eight professionals from 25 African countries are in the final stages of preparation for their to departure to Australia to start Australian government-funded postgraduate scholarships, which begin later this month. The scholarships are part of...
Jan 07, 2014
Africa is blessed with natural resources – key inputs to the manufacturing process. However, as is well known, the majority of these natural resources are exported to the developed world in their raw or semi-processed form, says Frost & Sullivan Africa industry...
Jan 06, 2014
Junior explorer Kibaran Resources has launched an environmental and social impact assessment (ESIA) at its Epanko graphite project, in Tanzania, following a binding offtake agreement with a major European trader in December last year. Kibaran said on Monday that the...
Dec 13, 2013
Preparations have started for a detailed drill programme at the Haneti project, in Tanzania, following the conclusion of work on the site’s 2013 nickel exploration programme, Aim- and JSE-listed Kibo Mining reported on Friday.
Dec 12, 2013
Aim-listed Richland Resources’ subsidiary Tanzanite One Mining on Thursday signed a full and formal legally binding joint venture (JV) agreement with Tanzania State Mining Corporation (Stamico) relating to the operation and ownership of tanzanite mining licence...
Dec 11, 2013
Murray & Roberts CEO Henry Laas
South African construction group Murray & Roberts (M&R) on Wednesday said the proposed acquisition of the outstanding shares in Australian company Clough had been implemented, making Clough a wholly owned subsidiary of the group. M&R, which previously already held a...
Dec 11, 2013
While many African countries have achieved growth rates over the past decade and many aspired to structural transformation, the good performance has not translated into significant poverty reduction and shared prosperity, African Development Bank (AfDB) chief...
Dec 11, 2013
The Alliance for a Green Revolution in Africa (Agra) has embarked on a five-year programme to identify, prioritise and reform specific agricultural policies and regulations that were currently hampering private investment in small- and medium-sized agribusinesses...
Dec 10, 2013
African Barrick Gold (ABG) has completed the final step in lifting the environmental protection order (EPO) that has been in force at its North Mara operation since 2009, as it was awarded a formal discharge permit from the Lake Victoria Water Board. The approval of...
Dec 10, 2013
The Mining Association of Canada (MAC) on Monday commended the federal government on the signing two new Foreign Investment Promotion and Protection Agreements (FIPAs) with Tanzania and Guinea. The FIPA with Tanzania came into force earlier in the day, and the...
Dec 06, 2013
Condolence messages are pouring in for the late former South African President Nelson Mandela. African leaders have conveyed their sympathy for and solidarity with the people of South Africa as they mourn the late anti-apartheid icon.
Dec 06, 2013
With an increasing uptake of Smartphones in sub-Saharan Africa on the back of rapidly growing demand for access to the Internet, the ‘smart’ mobile phone could potentially bridge the digital divide, a report by Ericsson has revealed. Ericsson’s ConsumerLab...
Dec 06, 2013
The African Development Bank has committed $113-million for the development of the Rusumo Falls hydropower project.
Dec 05, 2013
Junior oil and gas explorer Tangiers Petroleum has signed a bid implementation agreement with fellow Africa-focused explorer Jacka Resources, solidifying its off-market takeover offer for the company. The combined entity will have a market capitalisation of...
Dec 03, 2013
Aim-listed Stratex International on Tuesday announced that its wholly-owned subsidiary Stratex Gold had been issued 17.5-million, or 13.2%, of the common shares in Tembo Gold Corporation in return for a subscription of C$1.75-million. The subscription agreement...
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