R/€ = 18.45 Change: -0.06
R/$ = 15.28 Change: -0.05
Au 1835.60 $/oz Change: -15.77
Pt 1079.00 $/oz Change: -14.62


West Africa-focused Capital continues to build regional platform

By: Simone Liedtke     14th January 2021 West Africa remains a growth area for LSE-listed Capital, which continues to build its platform in the region, with new rigs arriving during the first quarter of the year, as well as the long-term contract secured with Firefinch in Mali and an expansion of operations into Guinea. As the new year... 

Absa PMI slumps to 50.3 in December 

By: Marleny Arnoldi     8th January 2021 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 50.3 index points in December, from 52.6 points in November. The reading just above 50 index points suggests that growth is levelling off in the manufacturing sector after solid month-on-month gains were recorded in the... 

International air transport body reports air cargo demand continues recovery

By: Rebecca Campbell     8th January 2021 The International Air Transport Association (Iata) reported on Thursday that air cargo volumes increased in November last year in comparison to October. However, they were still down on the figures for November 2019. The continued parking of many passenger aircraft meant that global air cargo... 

Blast at Chinese recycler shows battery supply chain risks

By: Bloomberg     8th January 2021 China’s biggest battery manufacturer has urged units to focus on safety issues after an explosion at a recycling affiliate, which has drawn attention to the risks in the industry’s supply chain. While the cause of the blast at a Hunan Brunp Recycling Technology Co. factory in Hunan province is... 

Ongoing innovation in the ever-changing world

8th January 2021 For National Operations and Sales Manager at Hawk Pumps, Troy Mokawem, no day is quite the same. As a supplier of a number of spraying and high-pressure pumping products, customer requests are often out of the ordinary. And innovation is all in a day’s work. Troy says, “We recently received a... 

Manufacturer’s high aspirations supported by quality offering

5th January 2021 BuTyl Technology aims to become the worlds most admired manufacturer and distributor of butyl tapes. Butyl is a synthetic rubber made from isobutylene and small portions of isoprene. It is a pressure sensitive product and can be modified by adding elasticisers, tackifiers, resins and fillers.... 

World risks 'moral catastrophe' if Covid shots delayed in Africa, its CDC chief says

By: Reuters     5th January 2021 The world risks a "moral catastrophe" if Covid-19 vaccinations are delayed in Africa while wealthier regions inoculate their entire populations, the head of the continent's disease control body said on Thursday. The Africa Centres for Disease Control and Prevention (CDC) hopes significant... 

EIB provides African pharma manufacturing support 

By: Marleny Arnoldi     4th January 2021 Long-term lending institution the European Investment Bank (EIB) has launched a first-ever scheme that involves strengthening local production of active pharmaceutical ingredients in Africa and scaling up drug manufacturing. The scheme, in which €50-million will be invested, will contribute to... 

Aluminium complex greases: why they make excellent multifunctional lubricants

4th January 2021 While no grease can truly be an “all-purpose” lubricant, aluminium complex grease is a valuable multifunctional, multipurpose product. Since they first came into the market in the 1960s, they have undergone numerous improvements, especially in terms of water resistance and thermal and mechanical... 

Rio invests in Canadian aluminium

By: Esmarie Iannucci     18th December 2020 Diversified major Rio Tinto has announced a $8.4-million investment to expand the recycling capacity of its aluminium operations in Saguenay-Lac-Saint-Jean, Quebec. The expansion would offer rolled product customers in North America a new, sustainable solution combining low-carbon and recycled... 

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