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US announces probe into imports of steel wire rod

By: Reuters     19th April 2017 The US Department of Commerce said on Tuesday it was launching investigations into whether imports of carbon and alloy steel wire rod from certain countries are being dumped and/or subsidised. The dumping probe affects imports from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey,... 

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... 

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. 

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... 

Agreement significant in phasing down ozone depleting substances

     3rd February 2017 Specialty chemicals and gas company A-Gas South Africa (SA) has hailed the signing of the Kigali Amendment on October 15, 2016 as an “historic international agreement” for the phasedown of commonly used, high global warming potential (GWP) refrigerants. 

From farm to fork – Africa’s top F&B show gets a makeover

     18th January 2017 Africa’s Big 7, the continent’s leading event for the food & beverage industry runs from June 25 to 27 in South Africa attracting senior buyers from across the sector Africa’s premier food and beverage show has been rebranded and has relaunched this year to meet the needs of a changing market. 

Renewable energy projects receive $44.5m boost from ADFD

By: Megan van Wyngaardt     16th January 2017 Four renewable energy projects in developing countries in the Pacific and Africa have been identified by Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) to receive $44.5-million in funding. These projects include a 4.6 MW hybrid microgrid project in the... 

Geopolitical tensions, other factors to boost gold demand this year

By: Megan van Wyngaardt     13th January 2017 Heightened political and geopolitical risks, currency depreciation, expectations of rising inflation, inflated stock market valuations, long-term Asian growth and the opening of new markets are all expected to positively influence demand for gold and gold’s performance this year, says the World... 

UAE serves arbitration notice to India for failure to offer bauxite

By: Ajoy K Das     12th January 2017 The Indian government has been served with a notice for international arbitration by the United Arab Emirates (UAE's) Ras Al-Khaimah Investment Authority (RAKIA) seeking compensation of $44.71-million or immediate fulfilment of commitment for the supply of bauxite and alumina for a planned... 

The impending trade facilitation agreement

By: Riaan de Lange     16th December 2016 Two years ago, December 12, 2014 to be exact, my last column for the year was simply titled, ‘Trade facilitation’, and now again, my final column for 2016 is devoted to trade facilitation - the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) that is. This time around, however,... 

Ritchie Bros. celebrates 20 years of auctions in Dubai

     5th December 2016 Unreserved auction on Dec. 13 & 14 marks two decades of auctions in the United Arab Emirates Over the last two decades, more than 120,000 items have been sold at Ritchie Bros.’ auctions in Dubai. The company will celebrate its 20th anniversary in the United Arab Emirates with a Dubai auction on... 

Bloody diamonds entering the market now only 0.2% of global supply

By: Dylan Slater     2nd December 2016 The ban on diamond exports from conflict zones is proving successful in curbing so-called ‘conflict diamonds’ from being sold into official and black markets, thereby reducing their use as a potential source of finance for rebel groups. This is according to nonprofit diamond industry... 

BMI expects soft oil price recovery in 2017

By: Anine Kilian     18th November 2016 While the global outlook for oil is relatively bullish going into next year, there will be a soft oil price recovery, according to BMI oil and gas head Chris Haines. Speaking during a webinar session focused on the global oil and gas industry on Thursday, Haines noted that BMI expected to see... 

Zwane's 'mystery' Dubai trip

By: News24Wire      3rd November 2016 A series of unused flights during a "mysterious" trip abroad by Mining Minister Mosebenzi Zwane, during which he allegedly escorted a member of the Gupta family to a meeting with an international mining company, may have cost taxpayers nearly R100 000 in possibly fruitless or wasteful... 

Firm begins installing off-grid solar-charging stations in informal settlements

By: Mia Breytenbach     28th October 2016 Following the successful installation of its solar-powered charging station in the Mooiplaas informal settlement, in Centurion, renewable-energy supplier ePower Holdings are installing additional charging stations, with the latest stations to be installed in Shoshanguve, Gauteng, and in Zambia,... 

DMCC Executive Chairman Reiterates Support For Commodity Growth On Visit To Burundi

     26th October 2016 DMCC Executive Chairman, Ahmed Bin Sulayem’s ongoing visits across Africa continued in Burundi as he met with government leaders to underscore DMCC’s support for the country’s growing commodities sector. Mr. Bin Sulayem’s focused dialogue took place with Hon Côme Manirakiza, Minister of Energy... 

Ingersoll Rand Material Handling and Fluid Management Solutions for Offshore and Onshore Oilfield Environments at ADIPEC

     26th October 2016 Ingersoll Rand will showcase its safety and durability focused material handling and fluid management solutions for oil and gas operations at the stand number 12430 in Hall 12 of the Abu Dhabi International Petroleum Exhibition and Conference, the world’s leading oil and gas exhibition and... 

Record number of economies carried out business reforms in past year

By: Anine Kilian     25th October 2016 According to the World Bank Group's yearly report on the ease of doing business, ‘Doing Business 2017: Equal Opportunity for All’, 137 economies worldwide have adopted key reforms that make it easier to start and operate small and medium-sized businesses. The report also found that 37 of... 

Strategic advisory services for ports and marine terminals from Advisian

     14th October 2016 Advisian, the global advisory business of the WorleyParsons Group, has seen significant growth in their Ports and Marine Terminals division in recent months, as increasing emphasis is placed on efficient terminal operations, which are essential for sustaining national competitiveness, addressing... 

Dip in gold price shows fundamentally strong support for the metal

By: Megan van Wyngaardt     6th October 2016 Following a remarkable performance in the year to date, the gold price fell by over 3% on October 4, taking it below $1 300/oz for the first time since the outcome of the June referendum on Britain’s planned exit from the European Union, creating a good buying opportunity, as many consumer and... 

Phanes Group Begins Construction on Largest Solar Rooftop Project in the Middle East

     6th October 2016 Phanes Group’s ‘Green Energy Tomorrow’ begins installation of 88,000 solar panels on DP World’s facilities in Dubai 22 megawatt array will produce enough clean power for 3,000 homes per year Project supports the UAE vision 2021 for a sustainable environment Dubai - United Arab Emirates, 6 October... 

Entrepreneurs form joint venture to boost renewable energy service

By: Dylan Slater     23rd September 2016 With over 600-million people in Africa living without electricity, four entrepreneurs have joined forces in an effort to reduce this volume of people without access to electricity with the formation of renewable energy company ePower Holdings.  

Education Innovations in Africa Could Level Playing Field for Millions of Students Worldwide

     22nd September 2016 African public-private partnerships are fast-tracking education improvement from primary school to university, potentially levelling the playing field for millions of students worldwide. In the face of electricity shortages and over-crowding, African public-private partnerships are integrating... 

American hardwoods to feature widely at 2nd ‘Dubai Design Week’

     21st September 2016 AHEC to unveil installation at Downtown Design 2016 and present at the talks programme of both Design Ras Al Khor and Dubai Design Week American hardwoods are set to feature widely at the second edition of ‘Dubai Design Week’, the Middle East’s biggest celebration of design, which will take place... 

South Africa drops in economic freedom index

By: Megan van Wyngaardt     15th September 2016 South Africa ranking 105th out of 159 countries and territories included in the 'Economic Freedom of the World: 2016 Annual Report' “is tragic”, the Free Market Foundation (FMF) said on Wednesday. The index measures the economic freedom – levels of personal choice, ability to enter markets,... 

Exciting New Solar Energy Company Set to Light Up Communities All Over Africa

     8th September 2016 The world is moving towards clean renewable resources yet in Africa, we still have over 600 million people living without electricity.   Statistics such as these are easy to overlook. Four entrepreneurs Tariq Yusuf, Brent Peterson, Rudi van der Westhuizen and Thlopie Motsepe have joined forces to... 

Airliner purchase agreement signed by Tanzanian government

     26th August 2016 The government of Tanzania has signed a firm purchase agreement for two Q400 turboprop airliners, multinational aerospace and transport company Bombardier Commercial Aircraft announced late in July. The aircraft will be delivered with a 76-seat, dual-lavatory configuration and will be used for... 

Averda’s new contract win aims to increase recycling in Dubai

     18th August 2016 Beginning October 2016, the residents, schools, universities and public hospitals of Al Mizhar, Al Muhaisnah and Nadd Al Hamar districts in Dubai will see Averda’s ‘men in blue’ at work as part of a new waste management contract award by Dubai Municipality. They will be cleaning their streets,... 

PT Antam seeks gold export markets beyond India

By: Megan van Wyngaardt     4th August 2016 Indonesia-headquartered PT Antam is evaluating several promising gold export markets including Malaysia, Singapore, the United Arab Emirates and several African countries, to increase its revenue. This comes amid the challenges being experienced by the company in its main gold export market – India. 

Hassyan clean coal power project, UAE

By: Sheila Barradas     29th July 2016 The project will be supported by a 25-year power purchase agreement with Dubai Electricity Water Authority. 

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