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DEA to undertake R7m water quality testing project in PE

By: Marleny Arnoldi     22nd February 2019 The Department of Environmental Affairs (DEA) will lead a R7-million water quality testing project, titled ‘Improving Ocean Governance in the Benguela Current Large Marine Econsystem’ (BCLME III) in the Swartkops area, in Port Elizabeth. The project is being implemented by the Benguela Current... 

Australia Minister denies report of China coal ban

By: Esmarie Iannucci     22nd February 2019 The Australian government has moved to allay shareholder fears after the share prices of Australian coal miners tumbled on news that China’s northern port of Dalian had banned coal imports from Australia, and placed an overall cap of 12-million tonnes for coal imports during 2019. Trade,... 

Electra Mining Botswana recognised as essential industry trade platform

By: Creamer Media Reporter      19th February 2019 Now in its 4th edition, the country’s leading mining, industrial and power generation expo returns in September together with the recently launched A-OSH Expo Botswana. Taking place at the Gaborone Fairgrounds from 10-12 September, this will be an all-encompassing event showcasing the latest... 

Ramaphosa’s big growth plan threatened by power cuts

By: News24Wire      19th February 2019 A major 18-sector growth initiative is imperilled by power cuts now ripping up the economy, warns one of the architects of President Cyril Ramaphosa's signature growth strategy. At the State of the Nation Address (SoNA), Ramaphosa said the Public Private Growth Initiative, stewarded by Minister... 

Norway gives go-ahead to disputed Arctic copper mine

By: Reuters     14th February 2019 Norway's government approved on Thursday the building of a copper mine near Europe's northernmost point despite years of opposition from indigenous Sami herders and fishermen. "The mining project will strengthen the industrial base in the north," Industry Minister Torbjoern Roe Isaksen of the... 

Tourvest Acquires Local Travelex Assets To Create South Africa’s Largest Forex Provider

12th February 2019 The Financial Services division of integrated tourism group Tourvest has acquired the South African assets of global forex provider Travelex, creating the biggest independent foreign exchange business in South Africa.  The deal, concluded earlier this year following Competition Commission... 

Sort out Eskom or beneficiation will suffer, warns Mantashe

By: Kim Cloete     7th February 2019 Mineral Resources Minister Gwede Mantashe has expressed concern about progress in beneficiating minerals, while Eskom is still battling. “If we don’t sort out Eskom problems, we are going to be in trouble with beneficiation. There must be an arrangement for certain categories of customers for an... 

Coal gives Qld exports a boost

By: Esmarie Iannucci     6th February 2019 Queensland’s exports grew to A$81.7-billion in 2018, up 16% on the last year, with the resources sector accounting for 80% of the state’s exports. The Queensland Resources Council (QRC) on Wednesday said that Queensland coal exports had increased by more than 15% in value over the 12 months to... 

Biltong receives gas flush and packaging makeover

1st February 2019 South Africa’s unique and favourite snack, biltong, has received a packaging makeover from equipment manufacturer Safari-Vac, in partnership with modified atmospheric packaging (MAP) specialist Afrox. To give biltong a longer shelf life, industrially produced biltong can now be sold in MAP.... 

SA passport among Africa’s ‘strongest’

By: Martin Zhuwakinyu     1st February 2019 A couple of weeks back, I mentioned in this couple that the African Union will this month be providing details of its plans to launch a pan-African passport as part of its efforts to improve the free movement of people on the continent. The benefits of such a move will be immense; they will... 

King Shaka airport, Dube cargo terminal report growing international use

By: Schalk Burger     31st January 2019 The King Shaka International Airport and the Dube TradePort Cargo Terminal, in La Mercy, in KwaZulu-Natal, have recorded growth in international flights and airfreight volumes over the past year, Dube TradePort Corporation CEO Hamish Erskine said in a statement on Thursday. The Cargo Terminal... 

KfW, IDC sign $80m loan facility for green economy development 

By: Simone Liedtke     31st January 2019 German development bank KfW and the Industrial Development Corporation of South Africa (IDC) on Thursday signed a “milestone agreement” for an $80-million loan facility. KfW executive board member Dr Stefan Peiß and newly appointed IDC CEO TP Nchocho were in attendance to sign the document on... 

Tackling wasteful and irregular expenditure at Free State procurement conference

30th January 2019 The current barriers to clean governance faced by the Free State province will be at the top of the agenda at the Smart Procurement World conference on 19 and 20 March. A partnership between the Free State Department of Economic Small Business, Tourism and Environmental Affairs (DESTEA) and Smart... 

Ministers discuss potential solutions to South Africa’s slow growth

By: Marleny Arnoldi     29th January 2019 Steps need to be taken to improve South Africa’s poor growth performance in a manner that is economically inclusive and equitable, a panel of Ministers outlined during the Business Unity South Africa Business Economic Indaba, in Midrand, on Tuesday. Finance Minister Tito Mboweni stressed that... 

Business outlines five partnership priorities as it calls for new growth framework  

By: Terence Creamer     29th January 2019 Business Unity South Africa (Busa) president Sipho Pityana has called for a “new framework for growth” that addresses, through public-private partnerships, the economic risk being posed by high levels of inequality. Speaking at Busa’s inaugural Business Economic Indaba in Johannesburg on Tuesday,... 

WesBank expects 1.5% dip in new-car sales, heavy truck market to drop by 4.4%  

By: Irma Venter     28th January 2019 A slump in the global economy, as well as a local economy offering “little in the way of economic stimulation”,  should result in a 1% decline in new-vehicle sales in South Africa in 2019, says vehicle finance group WesBank. “It is quite comforting to know that we were very close with our 2018... 

FBO goes international at OR Tambo

By: Mc'Kyla Nortje     25th January 2019 Privately-owned company Fireblade Aviation is the first fixed-base operator (FBO) to cater for arriving and departing international travellers, operating at OR Tambo International Airport. An FBO is an aviation facility within or close to an airport, usually owned and managed separately. Globally... 

Ongoing tech investment seen as driver of future tourism growth

By: Schalk Burger     25th January 2019 South Africa must continue to invest in travel technologies and Internet of Things technologies to tap the potential of tourism amid changing expectations of travel and modes of transport, says digital security multinational Gemalto Commonwealth of Independent States, Middle East and Africa... 

Lesotho Highlands Water Project – Phase II, Lesotho

By: Sheila Barradas     25th January 2019 The Lesotho Highlands Development Authority has announced the appointment of an engineering panel of experts for the project. 

ABA’s new factory to bolster black industrialists

By: Tasneem Bulbulia     23rd January 2019 Trade and Industry Deputy Minister Bulelani Magwanishe has described the opening of Africa Bespoke Apparel’s (ABA’s) R81-million factory, in Verulam, KwaZulu-Natal, this week, as a historic moment and a crucial milestone in the roll-out of the Black Industrialists Programme. The Department of... 

Movement, at last, on pan-African passport

By: Martin Zhuwakinyu     18th January 2019 African institutions have often been accused of being long on talk and short on action. A case in point is the deafening rhetoric about good governance by the likes of the Southern African Development Community (SADC) and the African Union (AU) while no action is taken against dictators in some... 

R35m clothing firm to stimulate textile sector in KZN

By: Marleny Arnoldi     17th January 2019 Trade and Industry Deputy Minister Bulelani Magwanishe and KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala will, on January 22, launch a multimillion-rand textile firm Africa Bespoke Apparel (ABA), in KwaZulu-Natal. ABA is a 100%-black owned company... 

Region’s biggest small business market access event coming to Bloemfontein

By: Creamer Media Reporter      17th January 2019 The Free State Department of Economic Small Business, Tourism and Environmental Affairs (DESTEA) is partnering with Smart Procurement World to host the region’s first Smart Procurement World and Enterprise & Supplier Development (ESD) Expo. The event, which will be held on 20 March at PACOF’s... 

Xolobeni community survey to confirm whether mining can proceed

By: Marleny Arnoldi     16th January 2019 Mineral Resources Minister Gwede Mantashe on Wednesday announced the imminent start of an independent survey to be undertaken in Xolobeni, in the Eastern Cape. This follows the Minister’s visit to the community on Tuesday in efforts to gain “full consent” to planned mining and economic activity... 

International passenger numbers at Cape Town International Airport grow by 9.6% in 2018

By: African News Agency      14th January 2019 Last year, 2.6-million international passengers were recorded by Cape Town International Airport (CTIA), representing a 9.6% growth from 2017 despite the drought and other problems experienced by the region, the City of Cape Town said on Sunday. "This growth came from long-haul carriers from... 

Home Affairs Committee proposes cell phone ban for DoH staff   

By: Sane Dhlamini     14th January 2019 Portfolio Committee on Home Affairs chairperson Hlomani Chauke on Monday called on the Department of Home Affairs (DoH) to consider an outright ban on cell phone usage by front line staff during working hours at all branches. This follows numerous complaints made to the committee from members of... 

Region’s biggest small business market access event coming to Bloemfontein

14th January 2019 The Free State Department of Economic Small Business, Tourism and Environmental Affairs (DESTEA) is partnering with Smart Procurement World to host the region’s first Smart Procurement World and Enterprise & Supplier Development (ESD) Expo. The event, which will be held on 20 March at PACOF’s... 

Work experience should not be a requirement for youth employment, says Ramaphosa

By: African News Agency      10th January 2019 President Cyril Ramaphosa told a crowd of African National Congress Youth League (ANCYL) members on Wednesday that work experience should not be a requirement for young people when applying for employment. “Experience must not be a requirement that is used for young people to get jobs. I use the... 

Nkomazi SEZ posited to bolster Mpumalanga’s industrialisation

By: Tasneem Bulbulia     8th January 2019 The recent designation of the Nkomazi Special Economic Zone (SEZ), in Mpumalanga, is expected to contribute considerably to the economic and industrial development of the Nkomazi region and the province at large. This is according to Trade and Industry Minister Dr Rob Davies, who designated the... 

Chile okays lithium miner SQM's plan to remedy water violations

By: Reuters     8th January 2019 Chile's environmental regulator on Monday approved a $25-million compliance plan by SQM , ending a multi-year investigation by authorities that found the Chilean miner had overdrawn lithium-rich brine from the Atacama salt flat. The plan requires the world's number two producer of lithium to... 

Tanzania to sign deal this week for $3bn power plant – President

By: Reuters     12th December 2018 Tanzania will sign a deal this week for the construction of a $3-billion hydroelectric power plant, the president said in remarks broadcast on state television on Tuesday. President John Magufuli did not name the company awarded the contract for the power plant and dam to be built in the Selous... 

Investors inject R502m into East London development zone

By: African News Agency      3rd December 2018 Meek Mines South Africa and Nulatex Condoms South Africa have announced a R502-million investment into the East London Industrial Development Zone (ELIDZ) expected to create 450 jobs for locals. Meek, which cuts and polishes diamonds mined for supply to both the domestic and foreign market, will... 

TBCSA welcomes R294 billion investment into SA economy

30th October 2018 The Tourism Business Council of South Africa (TBCSA) welcomes the announcement of investment commitments totalling R294 billion at the recently-concluded inaugural Investment Conference hosted by President Cyril Ramaphosa in Sandton. TBCSA believes that the commitments, once converted into live... 

Ramaphosa declares end to 'investment strike' and unveils R290bn in commitments  

By: Terence Creamer     26th October 2018 President Cyril Ramaphosa declared an end to South Africa's proverbial 'investment strike', when he unveiled firm investment commitments of R290-billion across a diverse range of sectors, from mining and energy to infrastructure and manufacturing, at a well attended and vibrant investment... 

Hanekom working "very closely" with Gigaba on visa regime to renew tourism industry

By: African News Agency      26th October 2018 Tourism minister Derek Hanekom said on Friday that he was working "very closely together" with home affairs minister Malusi Gigaba to rectify South Africa's visa regime in a bid to attract more travelers into the country and boost investment and tourism. Last month, Gigaba announced that South... 

Investment Conference: Hundreds of billions of rands already pledged

By: News24Wire      26th October 2018 Several companies made major investment announcements during President Cyril Ramaphosa's Investment Conference, which called to rally investors to plough money into the country’s ailing economy. These include Sappi (R7.7-billion), Mondi SA (R8-billion), Rain (R1-billion), Mara (R1.5-billion),... 

Klawer awaits PPA signature, while Roggeveld surges ahead

By: Tracy Hancock     26th October 2018 Having received preferred bidder status three years ago, Cape Town-based wind farm developer G7 Renewable Energies’ Klawer wind farm project awaits a power purchase agreement (PPA) signature before undertaking the 18 months of construction needed to add 5 MW of electricity to the national grid. 

The commercial question of mega projects

25th October 2018 If you know the Three Towers Precinct and Lanseria City Catalytic Mega Projects of which the Lanseria City was the most well placed in the Gauteng Department of Human Settlement’s (GDHS) Project Memorandum Information bid, and citing the successful Zanemvula 13 500 units at the Nelson Mandela Bay... 

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