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'Let us forge a compact for growth and economic opportunities'

By: Reuters     26th May 2019 Trade unionist-turned-businessman Cyril Ramaphosa was sworn in as South Africa’s president on Saturday, vowing to create jobs and tackle deep-rooted corruption that has strangled economic growth. Ramaphosa, who becomes the country’s fourth democratically elected president since the end of... 

Project to restore Durban Dry Dock under way

By: Tasneem Bulbulia     24th May 2019 The rehabilitation of the inner caisson, which divides the Port of Durban’s Prince Edward Graving Dock into two compartments, enabling two smaller vessels to be docked simultaneously, is in full swing. It is among 11 large-scale projects earmarked for the Durban Dry Dock complex. 

New strategy, new structure for the CSIR

By: Rebecca Campbell     24th May 2019 Council for Scientific and Industrial Research (CSIR) CEO Dr Thulani Dlamini announced on Friday both a new strategy and a radical restructuring of South Africa's world-renowned science council. The aim of the new strategy and structure is to strengthen the industrial research activities of the... 

Big data business solutions lab launched at Wits

By: Schalk Burger     24th May 2019 A new research and design laboratory at the University of the Witwatersrand (Wits), called Scilinx, was developed to address the needs of businesses and industries that require high-level, specialised expertise to develop solutions for their agile, freely evolving operational systems and... 

Sapics appoints new director, effects other top level changes

By: Tasneem Bulbulia     24th May 2019 Keabetswe Mpane has been appointed president of supply chain management professional body Sapics. Having served as a director of Sapics for five years, Mpane asserted that she had the experience, energy and determination to propel the association into a new era of professionalism and transformation. 

South African energy companies expanding into Angola

By: Tasneem Bulbulia     24th May 2019 Angola, with its lucrative opportunities and reformed business environment, will be hosting a strong delegation of South African companies during the upcoming Angola Oil & Gas Conference, which will be held in Luanda from June 4 to 6, the African Energy Chamber (AEC) announced in a statement this... 

SAB Embraces Profit With Purpose: A Winning Merger

24th May 2019 Entrepreneurs across South Africa are reaping the benefits, of big businesses increasingly embracing profit-with-purpose as critical to their long-term sustainability. It’s a winning merger, said impact strategist and filmmaker Shani Kay, who stressed that this inclusive approach effectively... 

SA fire-protection regulatory framework still immature, warns ASP Fire

24th May 2019 Buildings that accommodate large numbers of the public are often not designed with specific occupant characteristics in mind. Shoppers are often unfamiliar with the layout of the emergency escape paths and are unaware of sounding fire alarms and other emergency systems. Large buildings such as... 

Davies sees rising unilateralism as trade war escalates 

By: African News Agency      24th May 2019 South Africa, like the rest of the global economy, will continue to be collateral damage in the escalating trade war between China and the US, Trade and Industry Minister Dr Rob Davies has said, predicting a worrying rise in unilateral actions by individual states. Davies cast doubt on the World... 

Vedanta-Konkola liquidation case adjourned to June 4

By: Reuters     24th May 2019 A court hearing between Vedanta, its Konkola Copper Mines business (KCM) and the Zambian government over control of KCM, was adjourned on Friday until June 4, a lawyer said. Vedanta is fighting the government's attempt to seize KCM, which is one of the biggest employers in Zambia, Africa's second... 

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