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Gold seen hitting six-year high as global markets outlook dims

By: Bloomberg     10th June 2019 Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook. Bullion may touch $1 400/oz this year as investors hedge risk, according to Rhona O’Connell, head of market analysis for... 

Cartrack continues growth streak

By: Simone Liedtke     28th May 2019 Data analytics solutions provider Cartrack on Tuesday reported another solid set of results for its financial year ended February 28, marking the company’s sixth year of consecutive double-digit growth in companywide, as well as subscription, revenue. Subscription revenue as a percentage of total... 

Africa’s air cargo sector needs trade and aviation liberalisation to reach full potential

By: Rebecca Campbell     19th April 2019 In early February, the International Air Transport Association (IATA) released its global air freight data for the whole of 2018. Although worldwide demand, measured in freight (metric) ton kilometres (FTKs) rose by 3.5% in comparison to 2017, it was far below 2017’s 9.7% growth. And demand... 

GET FiT Zambia awards two solar projects to Building Energy

9th April 2019 The Italian Group has achieved preferred bidder status for the construction of two 20MWac solar PV plants, which are located in Central Province and, once completed, will produce around 100GWh per year Building Energy SpA, a multinational Italian company operating as a Global Integrated IPP... 

Sappi, Borregaard celebrate 20 years of biorefinery investment

By: Simone Liedtke     8th April 2019 LignoTech South Africa – the 50:50 joint venture between South Africa’s Sappi and Norway’s Borregaard – is celebrating 20 years of operations. The KwaZulu-Natal-based lignin extraction plant was first commissioned in December 1998 and officially opened in 1999. 

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