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Seifsa welcomes operational phase of African Continental Free Trade Area

By: Marleny Arnoldi     3rd June 2019 The Steel and Engineering Industries Federation of South Africa has welcomed the official start of the African Continental Free Trade Area (AfCFTA) at the end of May. AfCFTA provides access to a continent-wide market of around 1.2-billion people, and is worth $2.5-trillion.  

Airbus announces greater range for new airliners

By: Rebecca Campbell     31st May 2019 Europe-based global aerospace group Airbus has announced that, from the second half of next year, it would be offering airlines increased range versions of its A220 small (100 seats to 150 seats) single-aisle airliners family. The A220 family is composed of two models, the A220-100 and the... 

More than 40m people work in artisanal mining – report

By: Reuters     25th April 2019 More than 40-million people around the world work in artisanal and small-scale mining where minerals including gold, diamonds and cobalt are dug up often by hand, a report by the World Bank and development organisation Pact said on Wednesday. Increasing demand for metals and rising prices have... 

Patented solution aims to free up working capital for construction firms

By: Schalk Burger     19th April 2019 A patented working capital solution ‘Sponsored Advance Retention’ – developed by insurance major Santam and local specialist capital consulting firm Capital Breakthru Solutions business development director Wayne van Houten – will release working capital for construction contractors and... 

Africa’s air cargo sector needs trade and aviation liberalisation to reach full potential

By: Rebecca Campbell     19th April 2019 In early February, the International Air Transport Association (IATA) released its global air freight data for the whole of 2018. Although worldwide demand, measured in freight (metric) ton kilometres (FTKs) rose by 3.5% in comparison to 2017, it was far below 2017’s 9.7% growth. And demand... 

Supportive policy held up as key to unlocking Africa’s auto ambitions 

By: Irma Venter     12th April 2019 Policy certainty and flexible thinking will play an important role as Africa increasingly look to the automotive industry to grow its industrialisation footprint, says Thomas Schaefer, chairperson and MD at Volkswagen Group South Africa (VWSA), as well as chairperson of the African Association of... 

Supportive policy held up as key to unlocking Africa’s auto ambitions

By: Irma Venter     12th April 2019 Policy certainty and flexible thinking will play an important role as Africa increasingly look to the automotive industry to grow its industrialisation footprint, says Thomas Schaefer, chairperson and MD at Volkswagen Group South Africa (VWSA), as well as chairperson of the African Association of... 

Africa's largest tower company plans growth in Middle East

By: Bloomberg     4th April 2019 IHS Holding plans to enter new markets in the Middle East and Southeast Asia to bulk up ahead of a potential attempt to sell shares in either New York or London. Africa’s largest operator of the telecommunications towers is looking to build on two recent deals in Saudi Arabia and Kuwait, CEO Sam... 

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