R/€ = 16.63 Change: -0.02
R/$ = 14.84 Change: -0.03
Au 1341.29 $/oz Change: -13.63
Pt 802.05 $/oz Change: -12.04


Eric Wisse

7th June 2019 This week we profile Eric Wisse, acting CEO of construction company Concor 

SA’s ‘very old’ trade remedies

By: Riaan de Lange     7th June 2019 In 2003, the International Trade Centre (ITC) published a 290-page book on trade remedies, titled Business Guide to Trade Remedies in South Africa and the Southern African Customs Union – Antidumping, Countervailing and Safeguards Legislation, Practices and Procedures. I know this, as I was its... 

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... 

Bidders scramble to break up British Steel ahead of June 12 deadline – sources

By: Reuters     5th June 2019 Steelmakers and private equity are working on proposals for only parts of the collapsed British Steel pending a June 12 deadline for binding bids, sources close to the process said. None of the potential buyers, which include GFG Alliance and former owner Greybull, would be willing to take on the... 

Zenith sells Mt Alexander to focus on lithium project

By: Creamer Media Reporter      4th June 2019 ASX-listed Zenith Minerals has accepted a A$2.75-million offer from a private Australian company for its Mt Alexander magnetite iron project in Western Australia. Zenith will receive from Mt Alexander Iron Ore an up-front cash payment of A$250 000, as well as ten yearly payments of A$250 000... 

Gold Fields sells down stake in Maverix Metals

By: Creamer Media Reporter      4th June 2019 Gold miner Gold Fields, through its Gold Fields Netherlands Services (GF Netherlands) subsidiary, has sold down its stake in Vancouver-based precious metals royalty and streaming company Maverix Metals to 11.65%, the company reported on Tuesday. The sale was made on May 31 in a private... 

South African seafarers given reprieve after 'white list' jobs scare – for now

By: News24Wire      28th May 2019 Thousands of South African seafarers who faced being axed from the International Maritime Organistion's (IMO's) "white list", can breathe easy again after the organisation agreed to shelve changes to the list for the next two years. This means the 5 000 South African-trained seafarers and South... 

South Africans play major roles in international astronomy project

By: Rebecca Campbell     24th May 2019 The South African Radio Astronomy Observatory (Sarao) has reported that the international consortium of computing specialists, which included South Africans, which had been developing the Science Data Processor (SDP) for the Square Kilometre Array (SKA) radio telescope project, had completed its... 

BP bosses get public grilling on climate from largest investors

By: Bloomberg     22nd May 2019 BP lined the road leading to its annual shareholder gathering in Scotland’s oil capital with hoardings touting investments in renewable energy. Inside the meeting, there was a fierce debate on whether the energy major was telling the truth. On Tuesday, investors large and small grilled BP’s... 

Eni to focus on saving African forests to offset CO2 emissions

By: Bloomberg     3rd May 2019 Eni's plan to offset emissions from its oil and gas operations will focus on working with African communities to prevent deforestation. The project is part of the Italian energy giant’s goal of removing the equivalent of 20-million tons a year of carbon dioxide (CO2) from the atmosphere by 2030.... 

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