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Topic - Tanzania
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Oct 29, 2013
Salient features - Revenue up 31% to R2037 million (2012: R1 553 million) - Ebitda up 24% to R278 million (2012: R225 million) - HEPS up 19% to 137.8 cps (2012: 116.1 cps) - Order book up 10% to R2,2 billion Consolidated Infrastructure (‘CIG’)(JSEL:CIL’) is the...
Oct 28, 2013
JSE- and Aim-listed Kibo Mining has started the first phase of drilling at its recently acquired Imweru exploration project, in northern Tanzania. The Tanzania-focused mineral exploration and development company, which consolidated the Imweru and Lubando exploration...
Oct 25, 2013
Government insists that a decision on the extent of implementation of a nuclear power programme will be made before the end of the current financial year, which runs until March 31, 2014. The Department of Energy (DoE) will, therefore, undertake study tours to...
Oct 21, 2013
London-listed Shanta Gold on Monday said gold production at its New Luika gold mine, in Tanzania, had stabilised, with consistent gold production over the past three to four months. The mine’s monthly output of over 6 000 oz of gold had paved the way for an...
Oct 18, 2013
Gold miner Resolute has reported a significant decline in production during the three months to September as its Syama operation, in Mali, underwent a major maintenance shutdown in July. Gold production for the quarter under review declined to 84 274 oz, compared...
Oct 17, 2013
Junior explorer Argentina Mining has made a takeover offer for unlisted Simba Minerals of two shares for every one share held in Simba. Argentina Mining said on Thursday that the proposed merger would bring to market a reinvigorated single corporate entity with...
Oct 16, 2013
TSX-V-listed explorer Pangolin Diamonds on Wednesday announced that it had discovered what it believes to be one of the largest-ever kimberlite pipes in the world at its Tsabong North project, in Botswana. The company said it had modelled the kimberlite at 270 ha,...
Oct 15, 2013
Tanzania has moved to streamlineoperations in the lucrative natural gas sector with the finalization of a policy whose core objective is to ensure Tanzanians become the prime beneficiaries of the resource. This comes after the East Africa nation completed the...
Oct 14, 2013
Oct 11, 2013
Oct 11, 2013
Oct 09, 2013
 
 
 
Oct 09, 2013
Aim-listed exploration and development company Stratex International on Wednesday announced that it would participate in an C$8.66-million strategic financing agreement for TSX-V-listed Tembo Gold Corporation to allow it to continue with the exploration and...
Oct 08, 2013
Uganda is seeking a lead investor for the construction of a $2.5-billion, 60 000 bl/d oil refinery and its associated infrastructure in Hoima, in western Uganda, Uganda Ministry of Energy and Mineral Development Robert Kasande said on Tuesday.  He noted that...
Oct 08, 2013
Mineral exploration and development company Kibo Mining has appointed a management team to manage and execute its Rukwa Coal to Power project (RCPP) in Tanzania. The newly appointed team includes Kibo CEO Louis Coetzee, Kibo COO Louis Scheepers and external...
Oct 07, 2013
Shares Singapore-listed Blumont Group, which on Friday revealed that Australia-listed Cokal was the subject of its now-scrapped $124-million foreign takeover offer, continued to plummet on Monday. The company was the second-biggest loser on the Singapore Stock...
Oct 04, 2013
Municipalities across Africa are adopting new technology and ICT (Information and Communication Technology) options in their efforts to increase revenue collection.  Increased revenue collection, and the management thereof, will improve the ability of the...
Oct 04, 2013
South Africa is a country with extensive maritime interests and responsibilities. The country has a coastline of about 3 924 km, including Prince Edward Island and Marion Island, which form a little group lying some 540 nautical miles (nm) or about 1 000 km south...
Oct 04, 2013
MPs of the Portfolio Committee on Energy and their counterparts from the Pan African Parliament (PAP) have developed an action plan on how legislators can play a role in ensuring that Africans have access to affordable and sustainable energy.
Oct 04, 2013
South Africa is a country with extensive maritime interests and responsibilities. The country has a coastline of about 3 924 km, including Prince Edward Island and Marion Island, which form a little group lying some 540 nautical miles (nm) or about 1 000 km south...
Oct 01, 2013
Independent oil group Puma Energy – which has made rapid progress in expanding its African footprint over the past ten years, primarily through the acquisition of assets from oil majors over the last three years – indicates that it continues to eye prospects in...
Oct 01, 2013
Ukuvuma Solutions, an established South African provider of ICT solutions and support to the engineering, mining and construction market, has announced that it will open a representative office in Ghana to meet what the Company’s management describe as ‘a growing...
 
 
 
 
Sep 30, 2013
This year the Eskom Expo for Young Scientists International Science Fair has unearthed talented young scientists with bright ideas to help solve common challenges that South Africans face. These budding scientists have been recognised and rewarded at the Eskom...
Sep 27, 2013
Global Voice Group is proud to announce its participation as sponsor, exhibitor and speaker, in the Africa Telecom People 2013 (ATP), which is a major annual meeting of francophone Africa's telecoms. Every year for the past decade, the ATP has gathered the main...
Sep 27, 2013
Despite some strides having been made over the past decade to enhance agricultural development across Africa, there is no escaping the reality that the continent continues to face serious challenges of hunger, malnutrition and rural poverty. This has prompted the...
Sep 27, 2013
The future of aluminium use for signage, display, presentation, packaging, storage and promotional gift purposes looks bright, owing to the versatility, recyclability and ecofriendliness of the metal, reports South African aluminium fabrication and finishing...
Sep 27, 2013
The planned construction of a controversial refinery in Uganda has received crucial boost after neighbouring countries were incorporated into the project.
Sep 20, 2013
A scoping study has firmed up the viability of the Rukwa coal project, in south-western Tanzania, London-listed Edenville Energy said on Friday. The scoping study, which was completed by Sound Mining Solutions (SMS) and published this month, showed the development...
Sep 20, 2013
Dual-listed IMX Resources has agreed to a $60-million farm-in with MMG Exploration Holdings over the company’s Nachingwea project, which includes the Ntaka Hill nickel sulphide deposit, in Tanzania. The Ntaka Hill project has a Joint Ore Reserves...
Sep 20, 2013
The push for regional power sharing in East Africa has received a major boost after the World Bank approved funding for the Rusumo Falls hydroelectric project, on the Rwanda-Tanzania border.
Sep 20, 2013
Pan-African company Dangote Cement has announced plans for a $400-million, two-million-ton-a-year cement plant in Kenya. The company is part of the Dangote group, owned by Africa's richest man, Aliko Dangote, who says of the planned investment: “We have realised...
Sep 20, 2013
JSE-listed logistics group OneLogix reports steady volumes across its businesses and its logistics trunk extending into Africa is bearing fruit, with 15% of group revenue generated outside South Africa. OneLogix CEO Ian Lourens says the group aims to capitalise on...
 
 
 
 
Sep 19, 2013
Tanzania-focused gold producer African Barrick Gold (ABG) on Thursday announced the appointment of former head of corporate development and investor relations Andrew Wray as CFO. Former ABG CFO Kevin Jennings left the company in March after which the role of CFO was...
Sep 13, 2013
The World Bank’s Climate Investment Funds (CIF), designed to help developing countries pilot transformations in clean technology, on Thursday endorsed an investment plan aimed at assisting Tanzania in scaling up the development of its abundant renewable energy...
Sep 13, 2013
The project involves the construction of a second kiln at Tanga’s cement plant.
Sep 12, 2013
XON has been awarded the tender to supply and implement Juniper Networks and other equipment for IP routing, out of band equipment, traffic flow analysis software and ancillary equipment for the East African UbuntuNet network, currently funded via the AfricaConnect...
Sep 11, 2013
Tanzania-focused gold miner African Barrick Gold (ABG) on Wednesday announced that its COO Marco Zolezzi has resigned with immediate effect to pursue other interests. Zolezzi’s resignation comes less than a month after the company’s former CEO Greg Hawkins...
Sep 06, 2013
Diamond tools and equipment manufacturer and distributor for industrial applications Diamond Products will launch the new Diamatic floor-grinding, polishing and cleaning system, as well as its newly introduced Qwikchange floor-grinding and polishing pads, at the...
Sep 06, 2013
A new range of products will be displayed by South Africa-based concrete technology company Putzmeister at the first ever bauma Africa event to be held at Gallagher Convention Centre, in Johannesburg, from September 18 to 21. On display will be the new generation of...
Sep 06, 2013
The Imperial Group saw an 8% increase in operating profit to R6-billion for the year ended June 30, with revenue up 14% to R92.4-billion. One of the shining stars in yet another year of growth for the JSE-listed industrial services group, was its rest-of-Africa...
Sep 06, 2013
The aim of the 80 MW Rusumo Falls hydroelectric project is to increase the supply of electricity to the national grids of Burundi, Rwanda and Tanzania.
Sep 05, 2013
The world has seen many changes since the economic slump which brought with it an entirely new stance on how to remain profitable and keep ahead of competitors. Having a good product or service no longer guarantees success. You need to relook at how you do business,...
 
 
 
 
Aug 30, 2013
ASX-listed IMX Resources on Friday said it would step up exploration at its Ntaka Hill project, in Tanzania, targeting mineralisation below the Sleeping Giant deposit. Speaking at the last day of the Africa Downunder conference, IMX CEO Neal Meadows noted that the...
Aug 30, 2013
MANJI CHETOSouth Africa has an estimated 390-trillion cubic feet of technically recoverable shale gas, which could significantly alter the landscape of Africa’s gas industry
Commercial interest in Africa’s gas sector has shifted markedly over the last decade, owing to the associated natural gas developments from the oil boom in the Gulf of Guinea. Investor interest has, therefore, shifted slightly away from traditional gas-producing...
Aug 30, 2013
LOCAL SKILLS NEEDThe percentage of the African gas and oil workforces comprising expatriates increased from 10% to 25%, while only South Africa had expatriate figures of below 10% in all skills categories
The gas industry is grappling with the pressure of a challenging economic and political environment on the African continent, fuelled by poor infrastructure, corruption, an uncertain regulatory framework and a lack of skills. This is according to audit, tax and...
Aug 29, 2013
South African construction group Murray & Roberts (M&R) says that by securing full control of Clough, it will be in a stronger position to leverage the Australian company’s oil and gas expertise in Africa. CEO Henry Laas reports that the JSE-listed group is keen to...
Aug 29, 2013
Basil Read CEO Marius Heyns
The head of JSE-listed construction group Basil Read says he remains “upbeat” about the prospects for a recovery in the South African project economy, especially from the second half of 2014. However, Marius Heyns tells Engineering News Online that the group is...
 
 
 
 
 
 
 
 
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