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Land Bank economist warns of increasing risk of African swine fever

By: Tasneem Bulbulia     24th May 2019 South African meat producers are likely to continue facing challenges this year, says Land Bank agricultural economist Karabo Takadi. One of the biggest likely challenges is that the risk profile for the outbreak of African swine fever (ASF) was increasing, posing a potential risk to stakeholders... 

Walkabout fast-tracks Tanzania project

By: Tasneem Bulbulia     24th May 2019 Graphite developer Walkabout Resources has started an integrated “early start” programme for the procurement, manufacturing and site works for the Lindi Jumbo project, in Tanzania. The “early start” programme is aimed at fast-tracking the project to production to allow the company to capitalise... 

Muted Chinese stainless steel production, trade dispute results in nickel price dip

By: Marleny Arnoldi     24th May 2019 Fitch Solutions Macro Research has revised its nickel price forecast for this year down to $13 250/t, compared with its previous forecast of $14 500/t, as prices have headed lower in recent weeks. The nickel price has dropped by 9% to $12 010/t in mid-May, compared with $13 100 in mid-April.  

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... 

South Africans play major roles in international astronomy project

By: Rebecca Campbell     24th May 2019 The South African Radio Astronomy Observatory (Sarao) has reported that the international consortium of computing specialists, which included South Africans, which had been developing the Science Data Processor (SDP) for the Square Kilometre Array (SKA) radio telescope project, had completed its... 

Remembering Kwame Nkrumah

By: Martin Zhuwakinyu     24th May 2019 Barring unforeseen glitches, this edition of Engineering News will hit the newsstands on May 24, a day before the fifty-sixth anniversary of the day when then Ethiopian leader Emperor Haile Selassie hosted the leaders of newly independent African States at a get-together that gave birth to the... 

Kenya outlines plan to revive century-old railway network

By: John Muchira     24th May 2019 Kenya intends to revive its century-old metre-gauge railway (MGR) line after failing to secure funding to extend the standard-gauge railway (SGR) network to the border town of Malaba. The East African nation has announced plans to undertake a $210-million project to rehabilitate and upgrade the... 

Tanzania's China-backed $10bn port plan stalls over terms – official

By: Reuters     23rd May 2019 A planned $10-billion port project in Tanzania backed by China has hit an impasse, with the two sides disagreeing on terms of the infrastructure investment, a senior Tanzanian port official said on Wednesday. In 2013, Tanzania signed a framework agreement with China Merchants Holdings... 

Young consumers, self-buying to boost platinum jewellery demand

By: Tasneem Bulbulia     22nd May 2019 Young consumers, men’s jewellery and female self-purchasing will build on platinum’s entrenched standing in bridal jewellery to drive future demand, Platinum Guild International (PGI) reports. The guild’s yearly ‘Platinum Jewellery Business Review’ surveys over 1 000 manufacturers and retailers,... 

BHP keen on more copper, nickel sulphide and oil

By: Esmarie Iannucci     22nd May 2019 Mining major BHP on Wednesday laid out its near-term plans for investors, saying that the company would look to add “options” in copper, nickel sulphides and oil. Speaking to investors, CFO Peter Beaven that BHP analysed a number of scenarios to ensure that the company’s portfolio was resilient... 

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