R/€ = 18.46 Change: -0.07
R/$ = 15.29 Change: -0.06
Au 1837.62 $/oz Change: -13.75
Pt 1080.45 $/oz Change: -13.17


Abeco Builds its Biggest Tank in Africa

By: Creamer Media Reporter      15th January 2021 Abeco Tanks is making waves in the African water storage market as they announce having just completed their biggest tank in Africa. The tank - equivalent to two tennis courts in surface area - holds a whopping 5.8 Million litres of water and together with a 3 million litre supplementary tank... 

Cyberattacks using supply chains expected to increase in 2021, warns McAfee

By: Schalk Burger     15th January 2021 The December 2020 Sunburst campaign revealed the supply chain as a new attack vector that will continue to be exploited, says cybersecurity multinational McAfee senior VP and chief technology officer Steve Grobman. Sunburst exploited the SolarWinds Orion information technology (IT) monitoring and... 

Economic turbulence, pandemic expected to lead to cybercrime increase in Africa

By: Schalk Burger     12th January 2021 Economic turbulence and the impact of Covid-19 is expected to contribute to an increase in cybercrime across South Africa, Kenya and Nigeria this year, says cybersecurity multinational Kaspersky in Africa Enterprise cybersecurity adviser Lehan van den Heever. While every country globally has had... 

Acquisition offer for WBHO subsidiary withdrawn

By: Marleny Arnoldi     11th January 2021 JSE-listed construction group Wilson Bayly Holmes-Ovcon (WBHO) has confirmed that the proposal from a buyer to acquire its 88% interest in Australian construction subsidiary Probuild has been withdrawn. The company in June last year received the indicative proposal from a major international... 

Coca-Cola Foundation’s RAIN to replenish 15bn litres of water in South Africa

By: Creamer Media Reporter      18th December 2020 The Coca-Cola Foundation's Replenish Africa Initiative (RAIN) is funding five projects in South Africa to help restore priority water catchment areas by removing invasive alien plants, while creating valuable employment opportunities for women, youth and families. “These important water catchment... 

Legal tug-of-war shutters one of SA's richest chrome mines

By: News24Wire      18th December 2020 A chrome mine in Limpopo, potentially one of the richest in South Africa, has sat idle while a series of arcane court battles ensue between local and Chinese business interests. A development agency tasked with bringing employment to the area has lost its stake in the mine, and some 1 200... 

MTN must verify users in Nigeria by year end or face blocked SIM cards

By: News24Wire      17th December 2020 MTN said on Thursday it has embarked on the laborious task of registering customers from its largest market, Nigeria, within two weeks, following a directive from the country's communications commission to suspend new SIM registrations by all network operators. The company, which is Africa's... 

Congo imposes travel ban on mining traceability director

By: Reuters     17th December 2020 The Congolese government has banned the head of the state mineral certification body from leaving the country as a fraud investigation is underway, the Mines Minister said on Thursday. The department of internal security barred Pascal Nyembo, director-general of the "Centre d'Expertise,... 

Altron successfully completes demerger, separate listing of Bytes

By: Creamer Media Reporter      17th December 2020 JSE-listed Allied Electronics Corporation (Altron) has completed the demerger of its Bytes Technology Group subsidiary, following the listing of Bytes on the LSE and the JSE. As a result of the demerger of Bytes, Altron shareholders will receive, after tax and transaction costs, about... 

Zimbabwe central bank to form new gold refining unit, sell shares to miners

By: Reuters     17th December 2020 Zimbabwe's central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority stake in the new gold refinery business to miners, governor John Mangudya said on Wednesday. Reserve Bank of Zimbabwe's Fidelity Printers and Refiners (FPR) is the sole buyer,... 

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