State-owned Transnet has said it continues to monitor operations at its Cape Town, Saldanha Bay, Port Elizabeth and Ngqura ports amid adverse weather conditions along the country’s coast. Strong winds reaching 35 to 50 knots and high sea swells exceeding 3.5 m led to shipping movements being suspended at some ports for safety reasons, it said late on Tuesday. Read …
Continue ReadingTelecommunications group MTN has maintained its title of South Africa’s best network in the second quarter of 2024 MyBroadband Insight’s Mobile Network Quality Report. MTN secured the highest network quality score – calculated using download speed, upload speed and latency – at 9.87 during the second quarter of 2024, followed by Vodacom at 8.85, Cell C at 6.83, Telkom at …
Continue ReadingIndustry organisation the South African Petroleum Industry Association (Sapia) has changed its name to the Fuels Industry Association of South Africa (Fiasa) to reflect its commitment to a sustainable future for the fuels industry. “The shift from Sapia to Fiasa represents a pivotal evolution that will stretch our reach into different types of energy mobility for existing and future fuels. …
Continue ReadingRevego Fund Managers, which runs Africa’s first fund focused on primarily investing in operating renewable-energy assets, is seeking new investors as it works toward an eventual listing. The fund manager wants to raise about R3-billion to invest in projects to add to the R2-billion Revego Africa Energy Fund, a so-called yieldco focused on dividend flows, chief investment officer Ziyaad Sarang …
Continue ReadingMining explosives and chemicals company AECI has signed an agreement for the sale of its Animal Health business, as a going concern, to Nutreco International, whose South African subsidiary is Trouw Nutrition South Africa. “This strategic move aligns with our recently announced strategy to streamline operations and focus on our core competencies, ensuring continuous growth and value creation for our …
Continue ReadingArcelorMittal South Africa’s (AMSA’s) decision to continue operating its long-steel unit has given the country an opportunity to re-energize local manufacturing, Manufacturing Circle executive director Philippa Rodseth said. Still, this “vital window of opportunity” to stimulate the demand side of the economy and support about 270,000 jobs needs to be supported by industry, government and labor, Rodseth said in an …
Continue ReadingThe US International Development Finance Corp (DFC) approved a loan of as much as $99-million to help finance Mozambique’s first utility-scale wind-power project. DFC will also provide $80-million in political risk insurance to Globeleq Africa, which is developing the 120 MW project near Namaacha in the south of the nation, the lender said in an emailed statement Tuesday. The project …
Continue ReadingPublic Works and Infrastructure Minister Dean Macpherson has revealed in a July 10 media release that an investigation has determined that at least R300-million has been stolen from the Department of Public Works and Infrastructure (DPWI) by cybercriminals over a ten-year period. The latest incident took place in May, when cyber-attackers stole R24-million from the department. This prompted a full forensic investigation …
Continue ReadingDaily News DEPUTY Minister for Livestock and Fisheries, Dr Edwin Mhede, has asked stakeholders in the fisheries industry to offer education on sustainable fishing in efforts to improve the sector. Read More AllAfrica News: Environment
Continue ReadingEnhancing Results-Based Reporting and Operational Planning: WHO Sierra Leone and the Ministry of Health Conduct a Successful joint Planning and GPW14 prioritization Retreat sharkahm@who.int Wed, 10/07/2024 – 08:59 09 July 2024 Read More Featured News
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