R/€ = 17.09 Change: 0.04
R/$ = 13.98 Change: 0.13
Au 1869.43 $/oz Change: 16.45
Pt 1225.50 $/oz Change: -7.91


Parliamentary Committee receives reports on arms control and financial control

By: Rebecca Campbell     14th May 2021 Parliament’s Joint Standing Committee on Defence has welcomed confirmation of South Africa’s continuing compliance with its international arms control commitments. It did so in a statement released on Friday. The statement followed the Committee’s reception of the latest reports from the National... 

Jupiter space probe arrives at research centre in the Netherlands for crucial tests

By: Rebecca Campbell     6th May 2021 The European Space Agency (ESA) announced on Thursday that its latest space probe, the Jupiter Icy Moons Explorer (Juice), had been delivered to ESA’s European Space Research and Technology Centre (Estec) in the Netherlands. The spacecraft had been transferred from the Friedrichshafen facility of... 

The UK and India agree wide-ranging new strategic partnership

By: Rebecca Campbell     5th May 2021 On Tuesday, the Prime Ministers (PMs) of India and the UK agreed to create a ‘Comprehensive Strategic Partnership’ between the two countries. Indian PM Narendra Modi and UK PM Boris Johnson approved the partnership during a virtual bilateral summit. The UK is the first European country with which... 

Datamine acquires Qmuzik

23rd April 2021 We are excited to announce that Datamine has acquired Qmuzik, a market leader in niche software development to the manufacturing and mining industries.  Qmuzik’s staff provide deep domain expertise gained over 28 years of the organisation’s existence. The company prides itself on the many... 

EOH clarifies SIU statement, says started repaying State funds in October

By: Schalk Burger     23rd April 2021 Information technology services company EOH on April 23 clarified that it had entered into an acknowledgement of debt (AoD) with the Special Investigating Unit (SIU) at the end of September 2020 and that it had started monthly payments in terms of the AoD from October 5, 2020. It also highlighted... 

AfDB supports AU call for increased vaccine, pharmaceutical production in Africa

By: Schalk Burger     16th April 2021 Development finance institution (DFI) the African Development Bank (AfDB) has pledged its support and expertise to increase the local production of vaccines and therapeutics to achieve greater public health security in Africa. This in line with calls made by Africa Union (AU) heads of State... 

Tirupati Graphite to raise £10m to fast-track development plan

By: Tasneem Bulbulia     16th April 2021 Specialist graphite producer Tirupati Graphite, with operations in Madagascar and India, has announced a placing with institutional and other investors of 11-million ordinary shares to raise an aggregate gross amount of £10-million. Certain directors of the company are subscribing for shares... 

Airbus wins a French stimulus order for more military helicopters

By: Rebecca Campbell     16th April 2021 The French Ministry of Defence has ordered eight more H225M helicopters and a second VSR700 uncrewed aerial vehicle (UAV) from Airbus Helicopters. The order is part of the French government’s national aeronautical industry stimulus plan, announced last year, to help the sector weather the adverse... 

Airbus signs military transport aircraft servicing deal with Egypt

By: Rebecca Campbell     15th April 2021 Airbus Defence and Space, part of the Airbus group, announced on Thursday that it had signed a five-year services contract with the Egyptian Air Force (EAF), to support the latter’s force of C295 twin turboprop transport aircraft. The EAF operates the largest fleet of C295s in the world, with 24... 

De Ruyter accuser allegedly extended irregular contracts worth R8bn to oil firm  

By: News24Wire      9th April 2021 Suspended Eskom procurement chief Solly Tshitangano supported the awarding of contracts worth more than R8-billion to Econ Oil in 2019 - despite being aware of evidence of impropriety and possible corruption involving Econ and Eskom officials.    He also took no steps to further investigate Econ... 

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