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Broll Signs Exclusive African Affiliation with Cushman & Wakefield

By: Creamer Media Reporter      13th June 2019 Broll Property Group, the largest independently owned Pan-African commercial property services company, has entered into an exclusive affiliate arrangement with Cushman & Wakefield, a leading global real estate services company. The new venture represents a partnership with Broll’s Occupier... 

Top trends energising Africa’s power sectors

By: Creamer Media Reporter      12th June 2019 An optimal energy mix for Africa relies on a variety of generation technologies. In fact, in a 2015 report McKinsey estimated that if every country in Africa had to build to meet their current electricity demand, the region would require about $490 billion of capital for new generating capacity –... 

eSwatini calls for solar power bids to ease reliance on South Africa's Eskom

By: Reuters     11th June 2019 The kingdom of eSwatini has called for bids to build 40 MW of solar power capacity to reduce reliance on South Africa's troubled state power firm Eskom. The kingdom, formerly known as Swaziland, imports 80% of its electricity from South Africa, where the cash-strapped national supplier has... 

Tongaat’s shares fall as it announces plans to restate 2018 financial statements  

By: Tasneem Bulbulia     31st May 2019 JSE-listed Tongaat Hulett's share price on the JSE fell by nearly 10% on Friday afternoon after it announced that it would have to restate its financial statements for the financial year ended March 31, 2018, as a strategic and financial review had revealed “past practices which are of... 

Cooper split bearings are ideal for sugar-mill maintenance and upgrades

22nd May 2019 Split bearings from Cooper Bearings, available from leading supplier Bearings International (BI), are ideal for maintenance and equipment upgrades for sugar mills in Southern Africa. This is the view of Matthew Tyler, Cooper Bearings Product Manager at BI, who recently paid a visit to various... 

Traka accelerates expansion into wider African markets

By: Creamer Media Reporter      20th May 2019 Leveraging on almost two decades of experience in South Africa, and a presence in a further six African countries, networked key and equipment management solutions company Traka Africa announces an acceleration in their growth strategy. It plans to open new operations or expand more widely in... 

SA business delegation heads to Uganda to explore trade and investment opportunities

By: African News Agency      17th May 2019 A group of 25 South African business people were in high spirits ahead of their departure to Kampala, Uganda, to explore trade and investment opportunities in the agro-processing, capital equipment, energy and furniture sectors in the East African country. This is according to the Department of... 

Vulcan’s new MD Preggie Govender’s vision for growth

By: Creamer Media Reporter      17th May 2019 Vulcan Catering Equipment has a new Managing Director, Preggie Govender, who assumed the role in January and has moved from Vulcan’s Durban office to its head office in Industria, Johannesburg. Govender, 48, has a 29-year history with the company having moved up the ranks over the years. He was... 

Declining poultry profitability halves Astral’s interim operating profit

By: Tasneem Bulbulia     13th May 2019 South African integrated poultry producer Astral’s operating profit decreased to R503-million for the six months ended March 31, compared with the R1.04-billion operating profit reported for the first half of the prior financial year, as a result of a R570-million decline in its poultry... 

South African company secures Potain distributorship

By: Nadine James     10th May 2019 Having secured Southern African distributorship for French tower- and self-erecting crane producers Potain, service provider Crane & Hoist Equipment SA expects to continue its sustainable growth path over the next five years, says sales director Louw Smit. The distributorship, effective as of... 

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