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Former EBH Namibia Namdock kicks off new era with superb rig repair success

26th June 2019 The years 2018 and 2019 have been strategically momentous ones for EBH Namibia. From the previous position of having South African shareholding, the company has moved to become a wholly Namibian-owned company, with 100% of the shareholding jointly held by the EBH Consortium and the Namibian Ports... 

MOD backs improved A$167m offer from Sandfire

By: Esmarie Iannucci     25th June 2019 Copper miner Sandfire Resources has made an improved A$167-million takeover offer for Africa-focused copper developer MOD Resources. Under the offer agreement, each MOD shareholder could elect to receive either 45c in cash for each of their shares, capped at A$41.6-million or 25% of the overall... 

Astral Foods secures emergency water arrangement for Mpumalanga facility  

By: Simone Liedtke     24th June 2019 Poultry producer Astral Foods has recently, with the assistance of a number of national government departments, secured an emergency arrangement with the Lekwa municipality as an interim measure to stave off the water crisis affecting its Goldi poultry processing facility in Standerton,... 

Standard Bank launches Africa China Agent Proposition in South Africa

By: Tasneem Bulbulia     21st June 2019 Standard Bank on Friday launched its Africa China Agent Proposition (ACAP), which connects African importers and Chinese exporters and facilitates trade financing and payments and collections that support Africa–China trade flow, in South Africa.     

MC inks new cooperation agreement with HEI

By: Creamer Media Reporter      21st June 2019 Coal miner MC Mining has signed a cooperation agreement with Haohua Energy International (HEI), a wholly owned subsidiary of Shanghai-listed Beijing Haohua Energy Resource Company, which is the largest exporter of anthracite coal from China. The parties had initially entered into a cooperation... 

Industry needs to ‘normalise’ to foster growth

By: Jessica Oosthuizen     21st June 2019 The local gas and welding industry is still a reflection of what it was about 20 years ago and the industry is using less than 20% of the productive economy, which subsequently inhibits growth and development of the industry, says integrated gas and welding solutions provider Unique Welding... 

Cummins Ghana completes Goldfields pump repower project

20th June 2019 Mining site operations are extremely demanding, and dewatering pumps need to run continuously to remove groundwater to ensure non-stop mining. A recent pump repower project in Ghana demonstrated Cummins’ product knowledge and engineering strength to power the success of customers in one of the... 

Minergy appoints CEO-designate 

By: Martin Creamer     20th June 2019 The Botswana Stock Exchange-listed Minergy on Thursday announced that its CFO Morne du Plessis had been appointed CEO-designate and would take over the reins of the coal mining and coal trading company on August 1. This follows last month’s announcement that current Minergy CEO Andre Bojé, 63,... 

Introducing a global force in waterproofing to South Africa

20th June 2019 We believe it’s time to think bigger when it comes to roofs. To push the boundaries of what’s possible and redefine what a roof can mean to all of us. It could be extra living space for your family. It could be something that transforms the energy efficiency of your business.  

De Beers Group launches diamond education course partnership in India

By: Tasneem Bulbulia     19th June 2019 De Beers Group Institute of Diamonds is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout that country. The IIG has been operating for more than 50 years and is entrenched in gemology and in diamond and jewellery education in... 

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