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Magazine round up | 01 December 2023
Magazine round up | 01 December 2023
Updated 6 hours ago

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


An image of one of the container tanks on offer from Container World
New tanks acquired for fuel storage, transportation across Africa
1st December 2023 By: Trent Roebeck

Celebrating 40 years in business this year, South African tank and container supplier Container World earlier this month bought 20 container tanks, which were delivered to the company’s Durban... 


An image of a cylinder manufactured by CYLINDERS4AFRICA
App streamlines filling, exchanging processes
1st December 2023 By: Trent Roebeck

South Africa’s only approved 9 kg pressure vessel manufacturer Cylinders4Africa has developed a tech-forward application (app) for various contemporary industries and sectors that rely on portable... 


Energy efficiency strategy provides promising results
1st December 2023

Global air filtration expert Parker Hannifin has demonstrated substantial savings following the first full year of implementation of its carbon reduction strategy, aimed at achieving carbon neutral... 


An image of a laptop and phone with the KEY360 platform
Platform facilitates information sharing
1st December 2023 By: Lynne Davies

Project, engineering, and construction management consulting firm SSG Consulting is positioning its business intelligence software platform KEY360, designed for project management and business... 


Nitesh Singh, communications media and technology lead for for Africa at Accenture
Nitesh Singh
1st December 2023 By: Martin Zhuwakinyu

This week we profile Nitesh Singh, communications media and technology lead for for Africa at Accenture, a global professional services company that helps businesses, governments and other... 


An image of the Malawi flag
Policy changes attract investment
1st December 2023 By: Nadine Ramdass

Recent mining policy reforms in Malawi aim to facilitate the sustainable development of the country’s mining industry and mining practices as well as reap the “full benefits” of the country’s vast... 


Financial software simplifies data collection
1st December 2023 By: Nadine Ramdass

Finnivo software aims to simplify financial reporting processes for mining companies in Africa by automating the data collection process, thereby enabling finance teams to focus more on analysis... 


Africa poised for fast connectivity growth rates
1st December 2023 By: Natasha Odendaal

Digitalisation and globalisation have made the fibre infrastructure industry more important and relevant than ever, and having the right policies and ecosystems in place is key to accelerating... 


Business vehicles twice as likely to be hijacked as stolen – Tracker
1st December 2023 By: Irma Venter

Tracker statistics for the period January to June show that hijackings still dominate national vehicle crime, accounting for 55% of incidents, versus theft at 45%.  However, while the... 


Report shows uptick in truck collisions
1st December 2023 By: Irma Venter

The 2023 Webfleet Road Safety Report shows a jump in collisions involving trucks this year, at 1 313 incidents, compared with 1 252 collisions in 2022. The survey for the report was conducted... 


Magazine cover image
PRASA sets sights on big recovery in passenger trips by 2030
1st December 2023 By: Irma Venter

Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA... 


ATFX image
ATFX acquires Khwezi Financial Services, a licensed ODP in South Africa
1st December 2023

Leading online trading services provider ATFX is proud to announce the recent acquisition of a licensed Over-the-Counter Derivative Provider (ODP) in South Africa following the successful purchase... 


NJC post image
Enhancing productivity with automation technology
1st December 2023

Professional engineering service provider NJC specialises in the development and installation of industrial automation, control systems and management solutions that are tailored to meet specific... 


Astron Energy post
Maximising mining equipment performance using optimal lubrication solutions
1st December 2023

In the dynamic landscape of the mining industry, the performance and longevity of equipment stand as critical pillars for operational success. Lubrication plays a pivotal role in maintaining... 


Orica image
Orica
1st December 2023

Orica is the world’s largest provider of commercial explosives and innovative blasting systems to the mining, quarrying, oil and gas and construction markets, a leading supplier of sodium cyanide... 


ATFX Acquires Khwezi Financial Services, a licensed ODP in South Africa
ATFX Acquires Khwezi Financial Services, a licensed ODP in South Africa
1st December 2023

ATFX, a leading online trading services provider, is proud to announce the recent acquisition of a licensed ODP (Over-the-Counter Derivative Provider) in South Africa following the successful... 


Magazine cover image
PRASA sets sights on big recovery in passenger trips by 2030
1st December 2023 By: Irma Venter

Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA... 


Tongaat BRPs publish proposed rescue plans
30th November 2023 By: Darren Parker

The business rescue practitioners (BRPs) of sugar company Tongaat Hulett have published updated business rescue plans for the company and its subsidiaries, Voermol Feeds and Tongaat Hulett Sugar... 


Hudaco to acquire Plasti-Weld for its engineering consumables segment
30th November 2023 By: Schalk Burger

JSE-listed Hudaco will acquire the trading assets and liabilities of specialist plastic equipment importer Plasti-Weld Business from December 1 for a maximum of R56-million, which will be funded... 


Transport Evolution West Africa: Debut Expo and Forum in Ghana Signals Regional Industry Growth
30th November 2023

The West African region presents a promising landscape for investment and partnerships aimed at advancing the transport and logistics industry. To foster more collaborations and drive further... 


DRDGOLD's tailings retreatment under way at Ergo.
Recovery of battery metals, PGMs being looked at by DRDGOLD
30th November 2023 By: Martin Creamer

The recovery of battery metals and platinum group metals (PGMs) is being looked at by DRDGOLD, the Johannesburg- and New York-listed company, which is being globally acknowledged for its mastery of... 


Affirma exits pure play beverage can GZI investment after ten years
30th November 2023 By: Schalk Burger

Private equity firm Affirma Capital has exited its investment in the GZI Group (GZI) to global investment business Oppenheimer Partners, following its ten-year investment in Africa’s largest... 


Turbines
Red Rocket on a mission to answer businesses' call for more energy
30th November 2023

Revolutionary Independent Power Producer (IPP) Red Rocket is once again thrusting its engines, this time to launch its newest venture that aims to provide affordable, renewable electricity to be... 


South Africa’s business travel budgets: How do they stack up globally?
30th November 2023

With 2024 approaching, many businesses will be reviewing and adjusting their travel budgets in light of spending predictions for the coming year. In terms of benchmarks, the Global Business Travel... 


Atlas Copco Power Technique supplies first E-AIR electric compressor in Africa to its distributor in Madagascar
30th November 2023

More and more organisations are exploring energy efficient solutions to meet their sustainability goals and combat global warming. To meet this growing demand, Atlas Copco continues to innovate,... 


A new dawn for African energy
30th November 2023

Solar Power Africa launches with dynamic programme designed to empower Africa’s Energy Future 


Auditor-General Tsakani Maluleke
'Absolutely no excuse': AG blasts major SOEs as just one gets clean audit
30th November 2023 By: News24Wire

Only one of South Africa's 19 major State-owned enterprises received a clean audit in the past year, Auditor-General Tsakani Maluleke has said. Maluleke on Wednesday tabled the audit outcomes for... 


Origin rejects Brookfield’s Plan B as $12bn deal teeters
Origin rejects Brookfield’s Plan B as $12bn deal teeters
30th November 2023 By: Bloomberg

Origin Energy rejected a backup deal proposal from Brookfield Asset Management to acquire its main energy business, with a full A$19-billion takeover expected to be rejected at a vote next week.... 


Fairvest CEO Darren Wilder
Fairvest posts income growth, lower vacancies
29th November 2023 By: Marleny Arnoldi

JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company... 


Building sector business confidence index reaches eight-year high
29th November 2023 By: Tasneem Bulbulia

The FNB/BER Building Confidence Index, which measures sentiment in the building sector, increased to an eight-year high of 43 (a gain of nine index points) in the fourth quarter of this year. The... 


Exxaro's Grootegeluk operation
Exxaro expects lower full-year volumes, but stable demand
29th November 2023 By: Marleny Arnoldi

Diversified mining and renewable energy group Exxaro Resources says seaborne thermal coal prices have remained under pressure for most of the year, owing to weak demand in Europe and Northeast... 


A steel section being made
Finding immediate steel alternatives a concern as AMSA prepares to wind down longs unit
29th November 2023 By: Terence Creamer

ArcelorMittal South Africa (AMSA) has indicated that it will enter discussions with buyers of its noncommodity long-steel products in an effort to limit the disruption that is set to arise because... 


Sanral to resume road tenders under interim procurement policy
29th November 2023 By: Tasneem Bulbulia

The South African National Roads Agency Limited (Sanral) will on November 29 resume procurement for road construction projects, with 86 tenders to be advertised. CEO Reginald Demana has announced... 


Andrada achieves strong interim production, revenue growth
29th November 2023 By: Creamer Media Reporter

Namibia-focused metals and mining company Andrada Mining, which operates the Uis mine, achieved significant growth in the six months ended August 31, driven by a 67% increase in tin concentrate... 


Copper 360 CEO Jan Nelson.
Copper 360 takes major leap forward with acquisition of production-doubling plant
29th November 2023 By: Martin Creamer

Northern Cape mining company Copper 360, which listed on the Alternative Exchange of the Johannesburg Stock Exchange this year, took yet another leap forward on Wednesday with the announcement that... 


Busa president and Discovery CEO Adrian Gore
Gore warns of ‘plateauing’ pace of delivery on power, logistics, crime reforms
29th November 2023 By: Terence Creamer

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 


FlyNamibia to link Windhoek with Victoria Falls in joint strategy with Airlink
29th November 2023 By: Rebecca Campbell

Independent Namibian airline FlyNamibia has announced that it is to institute a new route on April 4 next year. This will connect the country’s capital, Windhoek, to Victoria Falls in Zimbabwe.... 


Poland wants to speed up coal farewell under new government
29th November 2023 By: Bloomberg

Poland’s next government wants to accelerate the country’s exit from coal and boost green power sources in an overhaul of the current energy plan, said Paulina Hennig-Kloska, a lawmaker tipped to... 


Absa Relationship Banking manufacturing sector head Justin Schmidt
Manufacturing sentiment at its highest level for this year, but conditions remain tough
29th November 2023 By: Schalk Burger

Confidence in the manufacturing sector improved slightly to 26 points – the highest level this year – in the fourth quarter, financial services firm Absa's latest quarterly manufacturing survey... 


IITPSA 2023 President’s Awards winners named
29th November 2023

Mamela Luthuli, Founder and CEO of Take Note IT, has been named South Africa’s IT Personality of the year at the Institute of Information Technology Professionals South Africa (IITPSA) President’s... 


Plastic is fantastic in clever education initiative
29th November 2023

Tourvest's Lemala Camps & Lodges in Tanzania stands tall as eco-driven tourism champion. Plastic is making a huge impact on tourism – and it isn’t by providing that credit card means of paying for... 


Climate Change - Is enough being done to address the global threat?
29th November 2023

By Duncan MacFadyen – Oppenheimer Generations Research and Conservation head of research and Rendani Nenguda – Oppenheimer Generations Research and Conservation research associate  Oppenheimer... 


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