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Lufthansa Technik subsidiary opens its first operation in South Africa

By: Rebecca Campbell     7th June 2019 Lufthansa Technik Maintenance International (LTMI) recently opened its new, and first, facility in South Africa. The facility has been established at Johannesburg's OR Tambo International Airport. A second facility is being set up Cape Town. Both facilities are initially intended to provide line... 

Urgent need for tech advance

By: Martin Zhuwakinyu     31st May 2019 I made a subtle confession in last week’s column: that I rate the dear departed Kwame Nkrumah, Ghana’s first post-independence leader, as one of the greatest Africans of all time. In my estimation, only the likes of Nelson Mandela surpassed his iconic stature. As I stated, the speech he delivered... 

Power Africa moves towards its goal of bringing more energy to the continent

By: Kim Cloete     16th May 2019 Power Africa, which was launched by former US President Barack Obama six years ago, is working towards its target of providing energy access to an additional 60-million new homes and businesses and adding 30 000 MW of cleaner, more efficient electricity generation capacity on the African... 

Alrosa earns $8.91m in Dubai diamond auction

By: Creamer Media Reporter      26th April 2019 Diamond major Alrosa earned $8.91-million in revenue from the sale of special size diamonds – diamonds larger than 10.8 ct – at its second auction in Dubai, this year. Fifty-six companies from Belgium, India, Israel, the United Arab Emirates, the US, Hong Kong and Russia participated in the... 

Nearly R3bn in investment raised for Cape Town, Western Cape in 2018/19

By: African News Agency      23rd April 2019 The Western Cape’s investment promotion agency Wesgro said on Tuesday it had helped secure R2.85-billion in investments in the province during the 2018/19 financial year which would be realised over a five year period and create nearly 1 000 jobs. It said this followed a successful fourth quarter... 

Uranium industry weighs rules that have bomb watchers twitching

By: Bloomberg     15th April 2019 Back in the 1970s and 1980s when he was keeping America’s nuclear weapons up to date, Robert Kelley didn’t pay much attention to their source of uranium. But then he was reassigned to lead the international team that accounted for the of hundreds of tons of the heavy metal Iraq secretly... 

Brimstone to exit Clover deal on anti-Israel pressure

By: Bloomberg     12th April 2019 Brimstone Investment Corporation will exit a deal led by an Israeli company to buy a stake in South Africa’s biggest dairy producer after protests by a pro-Palestinian activist group. The investment holding firm is in “advanced talks” with a replacement shareholder that could see it exiting its... 

A tiny beetle is killing an urban forest and there's no solution

By: Bloomberg     3rd April 2019 A black beetle the size of a sesame seed is killing South Africa’s trees, and no one knows how to stop it. After arriving from Southeast Asia about four years ago, the polyphagous shot-hole borer has spread a thousand miles across South Africa, from the eastern city of Pietermaritzburg, where it... 

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