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Clearing environmental hurdles to power supply growth

     Updated 7 hours ago Environmental consultant SRK Consulting is developing an enabling framework that will help power projects in South Africa to streamline the process of acquiring environmental approvals, in order to avoid unnecessary delays in implementation. 

ECIC plays a pivotal role in Sub-Saharan Africa with 15 years of Project Export Excellence

     Updated 7 hours ago The creation of ECIC began 15 years ago, in July 2001, when the Export Credit Insurance Corporation of South Africa LTD (ECIC), was given a mandate of filling a market gap through provision of medium to long term export credit and investment guarantees by underwriting bank loans for political and... 

Darling Brew introduces Africa’s First Carbon Neutral Beer

     27th July 2016 Darling Brew in South Africa has launched the first carbon neutral beer in Africa, Blood Serpent. With the reaffirmation at Cop 21 that the global temperature rise needs to be capped at 2 degrees from pre-industrialised levels, calls have been made for decarbonisation and company buy-in for... 

Zuma seeks clarity on land expropriation bill 

By: Reuters     26th July 2016 South African President Jacob Zuma has asked Parliament to explain the process it followed in passing a bill allowing State expropriations of land to redress racial disparities in land ownership. Land is an emotive issue in Africa's most industrialised country more than two decades after the end... 

Anglo American Platinum generates strong free cash flow, cuts debt

By: Martin Creamer     25th July 2016 Anglo American Platinum (Amplats) on Monday reported generating R3.2-billion free cash flow in the six months ended June 30, and cutting debt by R2.9-billion, despite the lower price environment. The leading platinum producer’s sales revenue increased by 3% to R30.7-billion, its earnings before... 

Transport costs undermining African farmers

By: Irma Venter     22nd July 2016 A study shows that agricultural fertiliser can land at the Kenyan Port of Mombasa at $350/t, and then sell for 300% to 400% more 1 000 km inland, says Common Market for Eastern and Southern Africa (Comesa) Alliance for Commodity Trade in Eastern and Southern Africa CEO Argent Chuula. “The same is... 

Where does Brexit leave the SADC-EU EPA?

By: Riaan de Lange     22nd July 2016 James Harold Wilson, Baron Wilson of Rievaulx, KG, OBE, FRS, PC, or simply Harold Wilson was Prime Minister of the UK from 1964 to 1970 and  from 1974 to 1976. He is also famed for having said that “a week is a long time in politics”. Granted, it had been longer than a week – 17 days, to be... 

Zimbabwe regulator turns down power tariff hike request 

By: Reuters     21st July 2016 Zimbabwe's energy regulator has turned down an application by the state-run power distributor to raise electricity tariffs by nearly 50 percent because it would hurt a struggling economy, it said on Thursday. The southern African nation has experienced a devastating drought that has left millions... 

SAB takeover getting more expensive by the day

By: News24Wire      21st July 2016 The takeover of SABMiller by Anheuser-Busch (AB) InBev is looking increasingly expensive, a merger and acquisition expert said on Thursday. Warwick Business School Professor John Colley’s pessimism comes as “various competition authorities exact a heavy price to approve the deal”, he said on... 

Anglo ups South African export coal output as diamond, iron-ore volumes fall

By: Martin Creamer     20th July 2016 Diversified mining company Anglo American upped South African export coal production in the three months to June 30, which saw local diamond and iron-ore output fall appreciably. While Eskom-related production remained broadly unchanged in the second quarter, export coal production rose 8% to... 

South Africa leads Africa in women's economic rights

By: News24Wire      19th July 2016 The AU has awarded South Africa the prize for being the best country in Africa in advancing women’s economic rights. It was, however, trumped by Rwanda when it came to political rights for women. 

RHA plant upgrades completed

By: Megan van Wyngaardt     19th July 2016 Aim-listed Premier African Minerals has completed plant upgrades at its 49%-owned RHA tungsten project, in Zimbabwe.   The screens, plant modifications and electrical reticulation works have been completed and the plant is undergoing a phased commissioning and optimisation process to achieve the... 

Davies says Brexit risk for South Africa does not lie in trade arena 

By: Terence Creamer     15th July 2016 South Africa’s Trade and Industry Minister Dr Rob Davies has formally written a letter to the British High Commissioner seeking a meeting regarding the implications of the recent Brexit vote on South Africa’s trade and economic relations with the UK. However, he says he does not anticipate any... 

Powermite – all things engineering

     15th July 2016 Powermite, a Division of Hudaco, has earned the reputation as a specialist engineering supplier of world-class components, equipment and systems to Southern Africa’s mining, marine, industrial and general engineering sectors. “From buffers for overhead cranes to couplers for motors, we combine... 

Zimbabwe wants Impala land as $6.7bn mine plan stalls

By: Bloomberg     15th July 2016 Zimbabwe has applied for a court order to force an Impala Platinum Holdings Ltd. unit to sell almost 28 000 ha (69 000 acres) of its mining lease to the state, land the government says will benefit the economy. The land, held under a lease by Zimplats Holdings Ltd. but owned by the state, hasn’t... 

Chinese consortium to invest $2.8bn in South Africa industrial zone

By: Reuters     15th July 2016 A group of Chinese investors will pump more than R40-billion ($2.81-billion) into the South African economy to build an industrial park, government said on Thursday. The trade ministry said a consortium of Chinese investors led by Hong Kong Mining Exchange would invest in power, pig iron and... 

Airbus Defence & Space believes its tactical transports are ideal for Africa

By: Keith Campbell     15th July 2016 With 57 of its twin-engined light and medium tactical transport aircraft already in service with 14 countries in Africa, Airbus Defence and Space (DS), part of the Airbus Group, believes its products are ideal to meet the continent’s needs, both regarding transport and intelligence, surveillance... 

Protectionist sentiment coming to the fore in Zimbabwe

By: Taapano Paradza      15th July 2016 Protectionist sentiment appears to be gaining momentum in Zimbabwe and could potentially impact on dozens of South African export products entering the neighbouring country duty free and, in some cases, at preferential duty rates. In its latest move, Zimbabwe expanded the list of products that... 

Zim platinum output up 43% in first quarter

By: News24Wire      13th July 2016 Zimbabwean platinum miners have ignored policy uncertainties in the country and continued to ramp up production, according to the central bank. The Reserve Bank of Zimbabwe’s (RBZ's) report for the first quarter of 2016 showed platinum output rose by 43% to 4 321 kg from 3 020 kg in the prior... 

HAZLETON PUMPS comes out top at the SADC Annual Quality Awards as only company to win two main awards.

     12th July 2016 The sixth SADC Annual Quality Awards presentation ceremony was held on the evening of the 16th March 2016 in Gaborone, Botswana. The aim of the SADC Annual Quality Award competition is to recognize and appreciate organizations and individuals who are contributing to quality advancement in all... 

Premier to restart RHA plant this week

By: Natasha Odendaal     12th July 2016 With all screen and plant upgrades and modifications now complete, London-listed Premier African Minerals expects to restart the processing plant at the RHA tungsten project, in Zimbabwe, later this week. Premier CEO George Roach said in an update to shareholders on Tuesday that electrical... 

Cabinet approves designation of Musina-Makhado SEZ

By: Anine Kilian     11th July 2016 Cabinet has approved the decision by Trade and Industry Minister Dr Rob Davies to designate the Musina-Makhado Special Economic Zone (SEZ) in the Vhembe region of Limpopo. The designated zone would promote industrial development in the region with a specific focus on mineral beneficiation,... 

Caledonia’s Blanket mine lifts Q2 output 20% y/y

By: Anine Kilian     11th July 2016 TSX- and Aim-listed Caledonia Mining’s 49%-owned Blanket mine, in Zimbabwe, remains on track to produce a targeted 50 000 oz of gold for 2016, with the production of 12 509 oz of gold in the second quarter having been higher than planned. Production for the quarter ended June 30, was 20% higher... 

Concerned DTI engaging with Zim on trade restrictions

By: News24Wire      11th July 2016 The adverse impact on South African exporters due to trade restrictive measures introduced by the government of Zimbabwe cannot be underestimated, the SA Department of Trade and Industry (DTI) said on Sunday afternoon. The DTI said it continues to be responsive to affected exporters and to make... 

Africa’s Premier Aerospace And Defence Spectaculor Exhibition Aims To Unlock Markets On The Continent

     8th July 2016 The growth potential of the African aerospace and defence markets will be highlighted during the largest exhibition focusing on these industries on the continent hosted in Tshwane in September. The 9th edition of Africa Aerospace & Defence – AAD 2016 – is returning to the Air Force Base... 

Event will catalyse power sector advancement

     8th July 2016 By bringing together over 2 000 stakeholders from across the power value chain – from generation through to end-users – Power-Gen Africa 2016 aims to facilitate networking and knowledge sharing that catalyses power sector advancement across the continent, says energy consultancy firm EON... 

Temporary power plants an immediate solution to energy challenges

     8th July 2016 Temporary power plants represent an immediate, reliable, scalable and cost-efficient solution to Southern Africa’s power concerns, says large-scale power solutions provider Altaaqa Global Cat Rental Power marketing manager Robert Bagatsing. 

Premier to start up RHA plant next week

By: Natasha Odendaal     6th July 2016 Premier African Minerals on Wednesday reported that all screen and plant upgrades and modifications were on site at its Zimbabwe-based RHA tungsten project and installation was progressing well. Despite delays at the Zimbabwe/South Africa border earlier this week, start-up of the plant was... 

Caledonia firing on all cylinders as output ramps up at Zimbabwe-based Blanket

By: Henry Lazenby     5th July 2016 Zimbabwe-focused gold producer Caledonia Mines raised its annualised dividend by 22% to $0.055 a share on Monday, underpinned by increased output as a result of the company’s turnaround strategy at the flagship Blanket mine. “We have increased the dividend not based on improved gold prices, but... 

Zim approves SABMiller, AB InBev merger with conditions

By: News24Wire      5th July 2016 Zimbabwe has given the green-light to SABMiller’s merger deal with AB InBev, but has set conditions such as maintaining farmers’ contracts and maintenance of production of local brands. SABMiller controls Zimbabwean listed biggest brewer and manufacturer of soft drinks, Delta Corporation. 

Long-term global infrastructure growth projected to inch to 5% per year by 2020

By: Anine Kilian     4th July 2016 Analysis released by global consulting firm PwC predicts that global spending  on capital projects and infrastructure (CP&I) will grow by 5% a year within four years, doubling the low rates of growth of just 2% expected this year. The analysis by Oxford Economics, which examined spending across... 

Premier advances exploration at Zim lithium project

By: Anine Kilian     1st July 2016 Initial test results of samples recovered from Aim-listed Premier African Minerals’ Zulu lithium and tantalum project, in Fort Rixon, Zimbabwe, have yielded grades of 1.55% lithium oxide (Li2O) taken from the exploration adit  and 1.23% Li2O in a petalite ore sample. Premier undertook a mini bulk... 

Steel exporter adapts for changing steel landscape

By: Victor Moolman     1st July 2016 Owing to the global economic downturn, and tough and volatile trading conditions, steel distributor Building System Integration (BSi) Steel has continually adapted and modified its handling of the supply of steel products, to meet the demand in the sub-Saharan African markets. 

There’s more to South African enviro tourism than just the Big Five

By: Kelvin Kemm     1st July 2016 South Africa has one of the most amazing collections of bird species in the world.  In the Southern African region, which includes Namibia, Mozambique, Zimbabwe and Botswana, there are nearly 1 000 bird species. People come from all over the world to see our birds. A couple of weeks ago, I was... 

Intra-African trade costs highest of all developing regions

By: Irma Venter     30th June 2016 A study shows that agricultural fertiliser can land at the Kenyan Port of Mombasa at $350/t, and then sell for 300% to 400% more 1 000 km inland, says Common Market for Eastern and Southern Africa (Comesa) Alliance for Commodity Trade in Eastern and Southern Africa CEO Argent Chuula. “The same is... 

Fastjet once again wins Transport Africa’s Innovation Award

     29th June 2016 Fastjet, the low-cost pan-African airline, was awarded the Transport Innovator Award for a second consecutive year at the 9th Transport Africa Awards 2016 held in Johannesburg, South Africa on 28 June 2016. The Transport Africa Awards set out to identify and reward leaders in transportation who... 

Pyrotec PackMark expands into Botswana

     28th June 2016 Committed to its customers, and in line with its goals to expand into sub-Saharan Africa, Pyrotec PackMark, a Pyrotec brand, has confirmed the appointment of a distributor in Botswana. Pyrotec has a national South African footprint with centres in the Western Cape, Gauteng, KwaZulu-Natal, the... 

MBE Minerals Proves That Pneuflot Is Suited To All Ores

     27th June 2016 Pneumatic flotation technology is delivering outstanding results in field trials involving platinum group metals and iron ore, and will soon be put to the test in gold, rare earth and graphite circuits in southern Africa. Gregory Niekerk, business development manager at MBE Minerals, says that... 

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