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Hydraulics company expands Middle Eastern presence

     20th October 2017 UK-based hydraulic tools designer, manufacturer and supplier Hi-Force has opened a new office in the Khalidia area of Dammam, Saudi Arabia. According to a statement released by Hi-Force last month, the new facility will stock a range of Hi-Force products that provides the market with the fastest... 

4Sight lists on AltX

By: Schalk Burger     19th October 2017 The first pure technology company to list on the JSE’s AltX in 18 years, technology decision support group 4Sight, has artificial intelligence, machine learning, Internet of Things and big data technology capabilities, which are reshaping business and individual lives worldwide, 4Sight CEO... 

Sweihan photovoltaic independent power project, United Arab Emirates

By: Sheila Barradas     13th October 2017 Sweihan will be the world’s largest photovoltaic plant to be built at a single generating power plant. 

Automotive industry to phase out environmentally-unsafe refrigerants

     5th October 2017 In line with the latest legislation in Europe, which came into effect at the beginning of the year, the automotive industry is required to phase out current environment-damaging refrigerants being used, and replace these with green alternatives. Automotive air-conditioning systems currently run... 

SAPVIA member appointed Global Solar Council director

By: Schalk Burger     29th September 2017 South African Photovoltaic Industry Association (SAPVIA) programme manager Niveshen Govender has been elected to serve as director on the Global Solar Council (GSC) board. The GSC was established during the twenty-first Conference of Parties climate dialogue, held in Paris, France, in 2015. It... 

4Sight Holdings to list on AltX in October

By: Anine Kilian     7th September 2017 Technology company 4Sight Holdings will list on the JSE’s Alternative Exchange (AltX) in October. The company seeks to raise up to R300-million, which will be used for acquisitions and the incubation of new products in sectors as diverse as retail and healthcare.   “We foresee a growth in demand... 

Harmful gas phase-out plan on track

By: Marleny Arnoldi     1st September 2017 The Department of Environmental Affairs has drafted a phase-out plan for the use of hydro chlorofluorocarbons (HCFCs) across industries to be down to 2.5% by 2030, with the refrigerants industry already achieving results of 2 556 t in 2016, compared with 3 163 t in 2013.  

Advisian appoints Adam Boughton to grow infrastructure business

     24th August 2017 Advisian, the technical and management consulting division of WorleyParsons, has appointed Adam Boughton to the newly created role of Regional Director Infrastructure, Europe, Middle East and Africa (EMEA). Reporting to EMEA Managing Director Adrian Smith, Adam will serve as a member of the EMEA... 

Advisian appoints Adam Boughton to grow infrastructure business

     23rd August 2017 Advisian, the technical and management consulting division of WorleyParsons, has appointed Adam Boughton to the newly created role of Regional Director Infrastructure, Europe, Middle East and Africa (EMEA). Reporting to EMEA Managing Director Adrian Smith, Adam will serve as a member of the EMEA... 

Gordhan calls for urgency on State capture probe as Guptas dump assets

By: News24Wire      23rd August 2017 Pravin Gordhan, former finance minister and current African National Congress MP, asked Parliament on Wednesday to look into the disposal of assets by the Gupta family as part of its inquest into State capture. Although Gordhan did not mention any names, it can be assumed that he was referring to... 

Auctions steam ahead

By: Terence Creamer     18th August 2017 South Africa may be on the global sidelines currently with regard to the procurement of new renewable generation capacity, chiefly because of Eskom’s refusal to enter into new power purchase agreements. Nevertheless, as a relatively early adopter (some might even say pioneer) of the auction... 

Chicago Pneumatic provides vital continuous energy supply for new luxury residential development in Dubai

     15th August 2017 Fourteen tough and reliable stationary generators from Chicago Pneumatic are providing the essential power required for the construction of a luxury residential development besides the Dubai Water Canal. The order was secured by authorised Chicago Pneumatic distributor German-Gulf Enterprises... 

Mai Dubai expansion project, United Arab Emirates

By: Sheila Barradas     4th August 2017 The project is the first of its kind for the bottled-water industry in the region, and comprises two phases. 

Sulphate reduction plant project, United Arab Emirates

By: Sheila Barradas     4th August 2017 The project entails the installation of a sulphate reduction plant module along with new installations and tie-ins to existing facilities on West Island. 

Norsk Hydro rides aluminium price, divisions underperform

By: Reuters     25th July 2017 Overall profit growth at Norsk Hydro was overshadowed on Tuesday by below-forecast performances from several businesses including rolled products, knocking the aluminium producer's shares. Norsk Hydro's stock was down 3.04% at 12:01 GMT, lagging an Oslo benchmark index, and CEO Svein Richard... 

CSP engineering specialist optimistic of technology’s inclusion in new IRP

By: Terence Creamer     24th July 2017 Global engineering and technology group SENER, which is active in three concentrated solar power (CSP) projects in South Africa, is optimistic that South Africa’s updated Integrated Resources Plan (IRP) will include an allocation for CSP, despite the technology’s exclusion from the draft Base... 

Diamonds bring new life to war-torn Central African Republic

By: Bloomberg     24th July 2017 Rough diamonds enabled Abdoul Raouf to marry three women and put his nine children through school. Now that his town in western Central African Republic can legally export the gems to world markets again, his neighbors are expecting similar fortunes. “Diamonds are my life,” said Raouf, who trades... 

Oil & Gas Africa 2017 begins tomorrow in Cape Town

     10th July 2017 Key industry speakers join midstream and downstream suppliers at the three-day focus for the energy sector in southern Africa from July 11 to 13 Doors open at 10am on Tuesday (July 11) for Oil & Gas 2017 at the Cape Town International Conference Centre, a two-day conference and three day expo. 

Top level conference alongside the region’s finest supplier expo make Oil & Gas Africa 2017 a magnet for industry chiefs next week

     4th July 2017 Cape Town hosts one of the most important Oil & Gas sector events on the continent in 2017 with key industry speakers examining the present successes and the future of southern Africa’s energy sector Engineers from across Africa arrive in Cape Town next week for the Oil & Gas Africa 2017... 

India seeks to extend LNG, energy cooperation with Qatar

By: Ajoy K Das     21st June 2017 Despite Qatar being pushed into diplomatic and economic isolation by its neighbours, India is deepening economic cooperation in liquefied natural gas (LNG) and energy with new proposals and initiatives. The Indian government has proposed a fresh long-term LNG purchase agreement, while the Qatari... 

Alrosa, Dubai trader strengthen ties

By: Megan van Wyngaardt     15th June 2017 The Dubai Multi Commodities Centre (DMCC) and Russian diamond miner Alrosa have agreed to enhance diamond trade cooperation. The parties discussed options for expanding Alrosa’s trading activities at the Dubai Diamond Exchange – a DMCC entity – as well as agreements on enhanced efforts to stem... 

Onshore gas production Africa: ‘We’ve walked the road many still fear to tread’ Renergen COO

     15th June 2017 South Africa’s sole onshore natural gas project Tetra4 owner Renergen has just secured $17m of government funding. Chief Operating Officer Nick Mitchell will reveal more about this landmark project at the Oil & Gas Africa Conference in Cape Town next month Thirteen gas wells make up the Tetra4... 

Why engineers from across sub-Saharan Africa will head for the Western Cape in July

     12th June 2017 Cape Town is the hub of the oil, gas & petrochem sector for sub-Saharan Africa and the city hosts Oil & Gas 2017, a three-day conference and expo. Engineers are being invited to Cape Town this July for Oil & Gas 2017 with its unique three-day conference, with presentation on issues from fracking... 

Gold makes run toward $1 300 as risk flares from UK to Mideast

By: Bloomberg     7th June 2017 Gold’s taking aim at $1 300 an ounce. The metal has rallied to the highest since November as investors position themselves for the outcome of the UK election and potential drama of former FBI Director James Comey’s testimony, while also tracking tensions in the Middle East. Bullion for immediate... 

Alstom receives order in Canada

     2nd June 2017 Railway systems and equipment company Alstom has been awarded a firm order for the supply of 61 Citadis Spirit light rail vehicles for the Greater Toronto and Hamilton area by Ontario government agency Metrolinx.  

The Gupta Emails

By: News24Wire      29th May 2017 A cache of damning e-mails between members of the Gupta family, some of their trusted lieutenants and President Jacob Zuma's son, Duduzane, has brought forward fresh details on the mechanics of the Guptas' dubious state capture strategies. City Press, News24's sister publication, on Sunday... 

Analysts paint sparkling picture of coloured gemstone market

By: Ilan Solomons     28th April 2017 The shift from small-scale artisanal mining to larger mechanised mining, owing to the increasing involvement of larger mining companies and greater formalisation of the sector, is expected to increase the distribution channel of the coloured gemstone industry, which will continue to consolidate... 

Laptop bomb threat is real and expect restrictions to go global

By: Keith Campbell     31st March 2017 Just about 15 months ago, on February 2, 2016, a suicide bomber detonated a bomb onboard an Airbus A321 airliner of Daallo Airlines some 15 to 20 minutes after it took off from Mogadishu Airport. The bomb blew a roughly one square metre hole in the aircraft’s fuselage. Fortunately, it had been... 

Opportunities from the Indian Ocean Rim

By: Riaan de Lange     24th March 2017 Indian Ocean Rim Association Well, this certainly is a blast from the past. It was a long time ago. I had just joined the then South African Chamber of Business (Sacob) – on March 1, 1995 – and, within a few days, I was jetting off to Mauritius. I thought that I had hit the big time, and yes, the... 

Solar energy may get boost from Africa’s biggest oil exporter 

By: Bloomberg     24th March 2017 Nigeria, Africa’s biggest oil exporter, may be about to turn sunward to generate more of its power. Senators in the capital of Abuja are debating an allocation of $30-million to solar projects in this year’s Budget, according to the Renewable Energy Association of Nigeria (REAN). They are... 

Dubai’s CSP price cap seen driving technology’s competitiveness 

By: Terence Creamer     16th March 2017 A leading developer of concentrated solar power (CSP) projects in Africa and the Middle East believes the price cap proposed by the Dubai Electricity and Water Authority (DEWA) for an upcoming CSP project could add significant impetus to improving the technology’s cost competitiveness, which may... 

Power & Electricity World Africa 2017

     9th March 2017 Africa’s largest power and electricity show - Power & Electricity World Africa 2017 celebrates its 20th anniversary. The show welcomes over 7000 attendees and hosts a mecca of solution providers spanning 3 halls and thousands of square meters. Taking place in Johannesburg South Africa, this is a... 

SA-based company partners with Chad to develop country’s nascent minerals sector

By: Ilan Solomons     3rd March 2017 Gold mining, refining and resources development company Quaestec Gold Africa Resources has partnered with the government of Chad to develop the Central African country’s nascent mineral resources sector, says company CEO Charles Fourie. Chad’s gold deposits occur over 1 200 km, from the south to... 

MENA region to account for big proportion of 3% growth

     24th February 2017 Last month, international consultancy company Deloitte projected a growth of more than 3% in global defence spending in 2017 after years of declining budgets. 

Bidcorp expects upward momentum in the second half of FY17

By: Natasha Odendaal     23rd February 2017 After maintaining a strong upward trajectory across all geographies during the six months ended December 31, JSE-listed Bidcorp is optimistic about its future prospects With a global rebranding effort to ‘Bidfood’ under way to reinforce its image as “value-add food people”, Bidcorp’s foodservice... 

Emirates Global Aluminium orders seventh Hertwich batch homogenizing unit

     16th February 2017 Emirates Global Aluminium has placed an order for the supply of an additional batch homogenizing furnace for the heat treatment of billets with Hertwich Engineering, a company of the SMS group. Including this new unit, which will go into operation at the end of 2017, a total of five batch... 

New era for automotive industry

By: Robyn Wilkinson     10th February 2017 The technology, media and telecommunications (TMT) sector is rapidly disrupting traditional ways of making and selling products across all sectors, including in the automotive industry, where technological advancement is radically influencing the way in which vehicles are manufactured and sold... 

Automotive industry to achieve international standards with new gas

     10th February 2017 Honouring its commitment to the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer, specialty chemicals and gas company A-Gas South Africa will be phasing out commonly used high global warming potential (GWP) refrigerants in its product range. 

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