R/€ = 17.37 Change: 0.02
R/$ = 15.30 Change: 0.04
Au 1839.38 $/oz Change: 24.64
Pt 1029.00 $/oz Change: 40.39


Nornickel says 2021 nickel sales were unaffected by export tax

By: Reuters     17th January 2022 Russia's Nornickel, the world's largest producer of refined nickel, said on Monday that the state export tax, which Moscow had imposed between August and December of 2021, did not affect the amount of its nickel exports. Russian exporters of nickel, steel, aluminium and copper paid extra export... 

BLSA addresses criticism regarding State capture involvement by one of its members

By: Tasneem Bulbulia     17th January 2022 Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has addressed the criticism directed at the organisation and herself over one of its members, consulting firm Bain, following the publication of the first part of the Zondo Commission’s report into State capture. “Much... 

Green public procurement can help cut 15% of global GHG emissions – report

By: Schalk Burger     13th January 2022 A report by the World Economic Forum and business strategy consultancy the Boston Consulting Group (BCG) has found that about 40% of global greenhouse-gas (GHG) emissions related to public procurement can be abated for less than $15/t of carbon dioxide (CO2) emissions. According to the 'Green... 

Airbus wins contract for first law enforcement version of its new helicopter

By: Rebecca Campbell     11th January 2022 France’s Gendarmerie Nationale has become the first police force to order Airbus Helicopters’ new-generation H160 multimission helicopter, the company has reported. The contract, for ten of the machines, was signed by the French Ministry of Defence’s Directorate General of Armaments, on behalf of... 

American group wins contract to upgrade Egyptian Air Force attack helicopters

By: Rebecca Campbell     10th January 2022 US-based global major aerospace and defence group Lockheed Martin has been awarded a $102-million contract to upgrade 25 of the Egyptian Air Force’s (EAF’s) Boeing AH-64D Apache attack helicopters to the latest AH-64E standard. Lockheed Martin will supply latest generation sensors which will be... 

Sandock Austral Shipyards signs agreement with Canada’s Robert Allan 

By: Irma Venter     10th January 2022 Durban-based shipbuilding and repair company, Sandock Austral Shipyards (SAS), has added a range of tug boats to its product offering, following the signing of an agreement with Canadian naval architect firm Robert Allan. The agreement will allow SAS immediate access to a host of designs. 

UK and Japan to jointly develop future fighter engine technology demonstrator

By: Rebecca Campbell     3rd January 2022 Shortly before Christmas, on December 22, the UK and Japanese governments announced that the two countries were to jointly develop a jet engine technology demonstrator, as the precursor to a next generation propulsion system to power their respective future fighter aircraft, currently under... 

Competition Commission reaches settlements with two companies over air force tender

By: Rebecca Campbell     14th December 2021 The Competition Tribunal has announced that two separate settlement agreements have been concluded with two companies, regarding alleged collusion regarding a South African Air Force (SAAF) tender. The tender concerned the maintenance of ground command and control systems and intelligence system... 

Airbus boosts its hydrogen aviation research, innovation and development capabilities

By: Rebecca Campbell     13th December 2021 Europe-based global major aerospace group Airbus has announced that it is strengthening both its research capabilities regarding the future use of hydrogen in aviation and its innovation infrastructure in Spain. It was doing so by creating a new entity within its wholly-owned innovation... 

Bottom-line technology to provide business opportunities that cybercriminals will target in 2022

By: Schalk Burger     13th December 2021 Next year is likely to hold many possibilities for companies and cybercriminals alike, says cybersecurity company Trend Micro Cloud and Alliances. Business development manager Willem Barnard and Trend Micro sub-Saharan Africa senior cybersecurity sales engineer Yash Pillay, therefore, advise... 

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