http://www.engineeringnews.co.za
R/€ = 14.51 Change: -0.16
R/$ = 13.34 Change: -0.23
Au 1262.50 $/oz Change: -2.14
Pt 946.00 $/oz Change: -8.50
 

Topic

Stillwater transaction to test Trump team’s appetite for China deals

By: Bloomberg     10th April 2017 Even as President Donald Trump and President Xi Jinping of China met for the first time to try to sort out their complex relationship, Trump’s administration is reviewing attempts by China to buy sensitive US companies and in one case is actively trying to thwart a deal. The Trump administration... 

Gold hits 5-month high on safe-haven demand as US strikes Syria

By: Reuters     7th April 2017 Gold rose more than 1% on Friday to hit a 5-month high as investors sought safe-haven assets after the United States launched cruise missiles against a Syrian air base, potentially escalating tensions with Syrian allies Russia and Iran. US President Donald Trump unleashed the military strikes in... 

China said to push talks to create $241bn power giant

By: Bloomberg     30th March 2017 China’s state-owned enterprise regulator has asked coal mining giant Shenhua Group Corp. and power generator China Datang Corp. to discuss a possible merger, according to people with knowledge of the situation. The talks are at an early stage and there’s no guarantee of a deal, said the people,... 

Global uncertainties to drive FDI in Africa’s mining sector

By: Ilan Solomons     9th February 2017 The uncertainties surrounding geo-economic trends, including Brexit, Donald Trump’s election as US President and increasing efforts by China to dominate the global economy, may not bode well for global political stability but could present opportunities for Africa, says global law firm Baker... 

Post-Brexit Britain, like China, recommits to globalisation

By: Keith Campbell     27th January 2017 The speech delivered on January 17 by British Prime Minister Theresa May on her government’s negotiating objectives for Britain’s exit from the European Union (EU) – “Brexit” – contained nothing really surprising to anyone who has been paying attention to what she and her key relevant Ministers... 

‘TPP minus one’ still has much to offer, says Australia’s MCA as Trump nixes trade deal

By: Mariaan Webb     24th January 2017 The absence of the US in the Trans Pacific Partnership (TPP) does not have to mean the end of the planned trade deal, the CEO of the Minerals Council of Australia, Brendan Pearson, said on Tuesday. Commenting on US President Donald Trump’s formal withdrawal from the trade pact, which was the... 

Goldman sees China’s ‘stealth’ coal bailout lasting to 2020

By: Bloomberg     22nd October 2016 China’s coal production restrictions are a “stealth” bailout for miners and their creditors that may last until the end of the decade as the policies help boost prices, according to Goldman Sachs Group. Without government intervention, China’s coal industry wouldn’t be able to service the nearly... 

China visit helps Duterte reap funding deals worth $24b 

By: Bloomberg     22nd October 2016 Philippine President Rodrigo Duterte will bring home $24-billion worth of funding and investment pledges from his four-day visit to China as both nations agreed to resume talks and explore areas of cooperation in the South China Sea. China will provide $9-billion in soft loans, including a... 

Goldman sees China’s ‘stealth’ coal bailout lasting until 2020 

By: Bloomberg     21st October 2016 China’s coal production restrictions, which have boosted prices, are a “stealth” bailout for miners and their creditors that may last until the end of the decade, according to Goldman Sachs Group. Without government intervention, China’s coal industry wouldn’t be able to service the nearly... 

UK PM firm on only revealing fate of nuclear project later this month

By: Keith Campbell     16th September 2016 The future of Britain’s first major nuclear power plant (NPP) project in two decades, Hinkley Point C, remains uncertain. In July, the new British Prime Minister, Theresa May, took everyone by surprise when she announced a delay in the approval for the project. Hinkley Point C is to be a European... 

Government support needed to foster partnerships

By: Robyn Wilkinson     2nd September 2016 While policies prioritising trade between South Africa and China have been adopted at an official level, further government support is needed on the ground to stimulate partnerships between businesses in the two countries and increase Chinese investment in South Africa, says international law... 

Chinese manufacturers go hard to woo South African buyers

By: African News Agency      1st September 2016 About 400 manufacturers from China on Wednesday, staged an impressive performance to woo buyers from the Southern African region with opportunity to source quality products directly from them in an inaugural business-to-business trade exhibition. With a focus on increasing bilateral trade and... 

BAIC to build CKD auto plant in Coega industrial zone 

By: Terence Creamer     19th August 2016 The Coega Development Corporation (CDC) reports that it has signed a deal with the Beijing Automobile International Corporation (BAIC) for a new automotive investment worth R11-billion into the Eastern Cape industrial development zone (IDZ). The Chinese State-owned company plans to build a... 

Venezuela mess prods China to reassess Africa lending spree

By: Bloomberg     30th June 2016 The threat of Venezuela defaulting on Chinese debt is putting pressure on Beijing to reassess how easily it doles out money to commodity-dependent nations, especially those in Africa. As low oil prices ravage Venezuela’s economy and embattled leader Nicolas Maduro seeks better terms on Chinese... 

China seeks to create a ‘new normal economy’

By: Keith Campbell     29th January 2016 China is seeking to reform its economy by means of its 13th Five-Year Plan, to create what is being called the New Normal Economy. This is intended to address the challenges facing the country, explained Chinese Education Ministry Deputy Minister (State Committee of Social Sciences) Prof Gu... 

China seeks to create a New Normal economy

By: Keith Campbell     19th January 2016 China is seeking to reform its economy by means of its thirteenth Five-Year Plan, to create what is being called the New Normal economy. This is intended to address the challenges facing the country, explained Chinese Education Ministry Deputy Minister (State Committee of Social Sciences)... 

What China’s ‘One Belt, One Road’ plan could mean for Africa

By: Anine Kilian     15th January 2016 Since the new Chinese government came to power in 2013, it has proposed a host of new strategies to realise the “Chinese Dream” says ENS Africa China practice group head Kenny Chiu. One of the more significant strategies, led by Chinese President Xi Jinping, is known as the “One Belt, One Road”... 

2016 – The year for Independent Power Producers in Africa

     4th January 2016 Johannesburg - 2016 promises to be another very active year for independent power producers and energy projects throughout the sub-Saharan Africa region and across various technologies. “There is huge international investor focus on IPPs due to the power shortages and load shedding in the region... 

Tobeka Madiba Zuma, First Lady of South Africa, hosts two high level visits this week

     7th December 2015 Tobeka Madiba Zuma today attended the opening of the Forum of China-Africa Co-operation Heads of State Summit. The opening was attended by Heads of State from many different African countries and the President and First Lady of China, Xi Jinping and Peng Liyuan. The opening is on the back of an... 

Sandton Central is a world-class shopping, hospitality and events hotspot

     4th December 2015 Sandton Central is a leading hotspot in Africa when it comes to shopping, hospitality and events. That’s the word from Elaine Jack, City Improvement District Manager of Sandton Central Management District – SA’s cosmopolitan financial and commercial hub. “There’s no doubt about it, Sandton... 

China will support Africa – Jinping

By: News24Wire      4th December 2015 Development holds the key to solving all problems and China will support Africa in dealing with its "issues", Chinese President Xi Jinping said on Friday. "China supports the settlement of African issues by Africans in the African way," he told the Johannesburg Summit of the Forum on China-Africa... 

Africa wants to process own minerals – Zuma

By: African News Agency      4th December 2015 African countries want to process their minerals on the continent, rather than export them for beneficiation overseas, President Jacob Zuma said on Friday at the Forum for China-Africa Cooperation Summit (FOCAC) currently underway in Johannesburg. “We want to prioritise beneficiation and... 

Standard Bank, ICBC to raise R10bn for South African power projects

By: Creamer Media Reporter      4th December 2015 South Africa’s Standard Bank and the Industrial and Commercial Bank of China (ICBC) have signed a collaboration agreement to raise up to R10-billion over the coming five years to support South African power generation developments. 

Standard Bank and ICBC to raise R10 billion to support SA power generation

     4th December 2015 Over the next five years, Standard Bank will assist its strategic partner, the Industrial and Commercial Bank of China to raise R10 billion  to support the development of South Africa's power generation infrastructure, said Standard Bank Group Chief Executive Sim Tshabalala. This follows the... 

Transnet secures $2.5bn guarantee from Chinese agency

By: African News Agency      3rd December 2015 Transnet and China Export Credit Insurance Corporation (Sinosure) on Wednesday agreed to a $2.5-billion funding guarantee in a ceremony attended by South African President Jacob Zuma and his Chinese counterpart Xi Jinping, who is on a State visit to South Africa. The news came in a flurry of... 

South Africa and China sign megadeals worth R94-billion

By: African News Agency      3rd December 2015 South Africa and China signed agreements worth R94-billion, shortly after Chinese president Xi Jinping arrived for a state visit in Pretoria, President Jacob Zuma said on Wednesday. “We focused especially on our economic and trade relations. We have just witnessed the signing of 26 agreements... 

China's Xi signs 10 investment deals with Mugabe

By: News24Wire      2nd December 2015 Chinese President Xi Jinping signed 10 investment deals with Zimbabwe on Tuesday evening, pledging to continue cooperating with the investment-hungry country as it attempts to reverse a prolonged economic meltdown. Shunned by most international investors for uncertainty and lack of protection of... 

Jeff Radebe: Africa not continent of doom 

By: News24Wire      1st December 2015 Minister in the Presidency Jeff Radebe on Tuesday called on the media to deepen the China–Africa partnership by telling the “good story”.  “For a very long time Africa has been branded as a continent of doom, only characterised by malnourished babies, poverty, crime, conflict, and squalor,”... 

JSE punts local equity market to Asian funders ahead of China, Africa talks

By: Natalie Greve     27th November 2015 A week ahead of the second annual gathering of the Forum on China–Africa Cooperation (Focac), in Johannesburg, the JSE is rolling out the proverbial red carpet for Chinese investors looking to Africa’s largest bourse for possible investment opportunities, calling attention to South Africa’s... 

Sandton Convention Centre closes the year with major African development summits

     28th October 2015 Following a year of hosting significant global events, Sandton Convention Centre will close the year 2015 as the platform for the promotion of the African Agenda at two major development summits.The SCC has been announced as the host venue for the Forum on China-Africa Cooperation Heads of State... 

Johannesburg to host second China-Africa FOCAC summit

By: African News Agency      4th September 2015 South Africa would in December 2015 play host to the second summit of the Forum on China-Africa Cooperation (FOCAC), a first for the African continent. “As co-chair of FOCAC for the period 2012-2018, South Africa looks forward to hosting this historic event. This will be the second summit since... 

Transnet’s Market Demand Strategy, South Africa

By: Sheila Barradas     12th June 2015 Transnet has signed a R30-billion loan facility agreement with China Development Bank for the funding of hundreds of locomotives as part of its Market Demand Strategy. 

Transnet signs R30bn loan with Chinese bank 

By: Megan van Wyngaardt     4th June 2015 State-owned Transnet on Thursday signed a R30-billion loan facility agreement with China Development Bank (CDB) for the funding of hundreds of locomotives to be manufactured by China South Rail (CSR) and China North Rail (CNR) as part of Transnet Freight Rail’s (TFR’s) 1 064 locomotives... 

Chinese State Leaders meet with Austrian President Heinz Fischer

     7th April 2015 Chinese State Council Premier Li Keqiang and Chinese President Xi Jinping met with Austrian President Heinz Fischer, who paid a state visit to China and also attended the annual conference of the Boao Forum for Asia 2015. Xi Jinping welcomed the Austrian delegation and expressed his appreciation... 

Chinese investment improves – Zuma

By: Sapa     5th December 2014 At the end of last year, bilateral trade between South Africa and China exceeded R270-billion, President Jacob Zuma said on Friday. "China's investment into South Africa is cumulatively valued at approximately R120-billion, with over 100 State-owned entities and multinational companies investing... 

SA, China ink cooperation deals to enhance bilateral trade

By: Natasha Odendaal     5th December 2014 South Africa and China this week entered into several strategic agreements to strengthen bilateral relations, trade cooperation and create sustainable mutual investment opportunities. The two countries signed a five- to ten-year Strategic Programme on Cooperation focusing on several avenues of... 

Chinese rail group looks to set up SA manufacturing plants

By: Terence Creamer     4th December 2014 Freight logistics utility Transnet signed a memorandum of understanding (MoU) with locomotives manufacturer CSR Zhuzhou Electric Locomotive (CSR) on Thursday, which could open the way a manufacturing investment by the Chinese group in South Africa. CSR, which produces electric locomotives, is one... 

Landmark Oz-China free trade deal wins praise from resources sector

By: Esmarie Swanepoel     18th November 2014 A jubilant Australian resources sector has welcomed the federal government’s signing of a free trade agreement (FTA) with China. Australian Prime Minister Tony Abbot on Monday inked a landmark free trade agreement with China’s President Xi Jinping, following the G20 meeting in Brisbane. 

First
Prev
1
2 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close