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Cummins To Power Up Middle East Electricity 2018 With Latest Products

     11th December 2017 Cummins will showcase its latest QSG12 genset at the 2018 Middle East Electricity (MEE). This represents a major advantage for Tier 4 Final and Stage IV equipment installations by restoring the envelope size of the QSM11 predecessor used for Tier 3 and Stage IIIA applications. Higher-efficiency... 

New polishing facility a boost to Dubai’s status as a diamond trading centre

By: Dylan Slater     8th December 2017 The global diamond industry is either growing in affluent regions or remaining steady in less affluent ones, thereby reflecting a degree of positivity, as well as signs of growth. This also points to untapped potential that is ready to be unlocked through increased investment upstream and... 

Battling threat of sugar tax, excessive imports and low price

By: Victor Moolman     8th December 2017 The large amount of sugar being imported into South Africa has caused the country’s sugar industry, which may soon be further compromised by the introduction of a sugar tax, to start exporting sugar at world market prices to offload excess sugar, which it is unable to sell locally. While opposing... 

India Trade Ministry is said to seek lower tax on diamond miners

By: Bloomberg     7th December 2017 India’s Trade Ministry is seeking a cut in taxes for overseas diamond miners to boost trading in the world’s largest hub for polishing the gems, people with knowledge of the matter said. The Commerce Department in a letter to the Finance Ministry has sought to scrap levies and instead... 

Nasa outlines the developments to watch in civil aeronautics

By: Keith Campbell     1st December 2017 The global aviation industry continues to be a rapidly growing sector, far from reaching maturity. This was stressed at the recent International Forum for Aviation Research (IFAR) open session at the Council for Scientific and Industrial Research (CSIR) International Convention Centre (ICC), in... 

Nasa outlines the developments to watch in civil aeronautics

By: Keith Campbell     1st December 2017 The global aviation industry continues to be a rapidly growing sector, far from reaching maturity. This was stressed at the recent International Forum for Aviation Research (IFAR) open session at the Council for Scientific and Industrial Research (CSIR) International Convention Centre (ICC) in... 

Power underpins wave of African industrialisation

     24th November 2017 Power is closely tied to a surge of new infrastructure projects and rapid industrialisation across Africa, with significant opportunities still open to the power sector, delegates heard at a briefing for key power sector stakeholders in Sandton this week. Infrastructure spend across Africa will... 

Stefanutti Stocks’ diversified structure providing stability

By: Irma Venter     24th November 2017 Despite challenging trading conditions, Stefanutti Stocks on Thursday reported an 18% increase in operating profit, to R119-million, for the six months ended August  31. Revenue for the period also grew 18%, to R5.2-billion, up from R4.4-billion in the comparable period last year. 

Tax, spend, squander provide toxic backdrop for nuclear plans

By: Keith Campbell     24th November 2017 On November 7, France ran out of money. Or, rather, France ran out of its own money; that is, it ran out of all the money the French State had gathered in taxes and other imposts. Between November 7 and December 31, the French State is running on borrowed money. This fascinating calculation was... 

Stefanutti Stocks sees 18% profit growth, expects margin squeeze to continue

By: Irma Venter     9th November 2017 Despite challenging trading conditions, Stefanutti Stocks on Thursday reported an 18% increase in operating profit, to R119-million, for the six months ended August  31. Revenue for the period also grew 18%, to R5.2-billion, up from R4.4-billion in the comparable period last year. 

Intelligent algorithm company 4Sight lists on AltX

By: Schalk Burger     3rd November 2017 The first pure technology company to list on the JSE’s AltX in 18 years, decision support technology group 4Sight, has artificial intelligence (AI), machine learning (ML), Internet of Things (IoT) and big data technology capabilities, which are reshaping business and individual lives worldwide,... 

Even the smallest economy in oil-rich gulf is too big to fail

By: Bloomberg     2nd November 2017 Its economy is 5% the size of Saudi Arabia’s, but analysts are betting the kingdom won’t let its neighbor’s financial woes morph into a Gulf crisis. Bahrain, one of the most vulnerable economies in the Gulf Cooperation Council to political instability and oil-price swings, sought financial... 

Global aviation industry faces Renaissance, creating openings for South Africa

By: Keith Campbell     27th October 2017 The global aviation industry continues to be a rapidly growing sector, far from reaching maturity. This was stressed at the recent International Forum for Aviation Research (IFAR) open session at the Council for Scientific and Industrial Research (CSIR) in Pretoria by US National Aeronautics and... 

Khazna Data Centres expansion, United Arab Emirates

By: Sheila Barradas     27th October 2017 Khazna Data Centres plans to double its data centre capacity to deliver more than 24 MW of information technology load. 

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... 

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