Новости за 07.05.2024

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments into key sectors of its economy to further develop the country by 2030. This objective is encapsulated in its National Strategy Vision 2030 and, to attract investors, the country has entered into negotiations to settle compensation claims linked to land seizures from farmers two decades ago, as well as to... Читать дальше...

Trade, Industry and Competition Minister Ebrahim Patel has called for rapid scaling up of infrastructure spending, among other urgent initiatives, to ensure the current industrial policy can succeed. He was speaking at the launch of the Department of Trade, Industry and Competition’s (dtic’s) newly launched Industrial Policy and Strategy Review at the newly established Tshwane Automotive Special Economic Zone (TASEZ), on May 7.

A new logistics industry body the Multimodal Inland Port Association (MIPA), formed by organisations in the transportation sector, has been launched to enhance logistics performance, reduce costs and boost efficiency. The association is dedicated to improving Southern Africa's supply chain. Specifically, the MIPA aims to optimise efficiency and cost-effectiveness by increasing cargo transportation on rail through the use of more inland ports.

The pilot phase of a joint programme of the Department of Science and Innovation (DSI) and the National Research Foundation (NRF), to bridge the gap between government and academia, was officially launched on Tuesday. Called the DSI-NRF Policy Placement Postdoctoral Fellowship Programme, it is intended to allow excellent researchers and academics to contribute directly to government agencies and inform their policy-making processes. “This programme fills two very important gaps: one in which we ...

The Milken Institute and the Motsepe Foundation have announced Aftrak and Omnivat as winners of the Milken-Motsepe Prize in Green Energy – a $2-million innovation competition to reward entrepreneurs working to expand access to reliable, affordable and sustainable offgrid electricity in Africa. Aftrak, an initiative based out of the UK and Malawi, was awarded the $1-million grand prize for its easily assembled solar microgrid and custom-designed tractors, which have tripled agricultural yield, increased... Читать дальше...

Goodyear South Africa (SA) has appointed Paul Gerrard as its new MD, starting from May 1. Gerrard takes over from Richard Fourie, who led the company for two years.

Despite a tough domestic economy undermining a recovery in new-vehicle sales to pre-pandemic levels, record vehicle exports in 2023 ensured that the South African automotive sector still managed to outperform the rest of the manufacturing sector, says Naamsa | The Automotive Business Council chief trade and research officer Dr Norman Lamprecht. The value of vehicles and automotive components exported from South Africa last year increased by R43.5-billion, or 19.1%, from the R227.3-billion recorded in 2022... Читать дальше...

The World Bank has outlined in a report the actions that every country can take to make the global agrifood system more sustainable and achieve markable reductions in greenhouse-gas (GHG) emissions. The bank says the world is faced with a largely misunderstood reality in that the system that feeds us is also feeding the planet’s climate crisis.

With first-quarter gold production down 34% at South Deep gold mine, Gold Fields is focusing on setting up the well-endowed long-life Gauteng operation for longevity, quality ounces and sustainable production increases. The challenging quarter of the bulk mechanised mine near Westonaria, west of Johannesburg, which has been built to extract one of the world’s largest gold deposits, is focusing the resolve of the Johannesburg- and New York-listed Gold Fields to increase backfill tipping points, increase... Читать дальше...

JSE-listed real estate investment trust (Reit) Attacq’s 70% held subsidiary, Attacq Waterfall Investment Company (AWIC), has acquired the remaining 20% stake in Mall of Africa from the Atterbury Group. AWIC already held an 80% stake in the asset.

Decarbonisation requires comprehensive and multifaceted approaches and standardised processes across various industries. It should involve mobilising an organisation, managing information flow, digitising operations to manage the complexity of the circular economy and decarbonising supply chains to reach net zero. These were the views shared by Siemens managing board member and Siemens Smart Infrastructure CEO Matthias Rebellius, Mercedes-Benz planning VP Arno van der Merwe and Schwarz Unternehmenskommunikation... Читать дальше...

The World Bank has approved a $138.5-million finance package to support the integration of renewable energy into Namibia’s electricity system by strengthening its transmission grid and integrating a second utility scale battery storage system into the country’s network. The initiative, which is Namibia’s first-ever World Bank financed energy project, will be implemented by NamPower, with the aim of minimising outage risks, supporting load growth, and unlocking future opportunities for power trade in the Southern African Power Pool.

Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com. Africa's most advanced economy is usually seen as a good entry point for companies to expand into the continent and Amazon could be doing the same, analysts have said in the past.

As telecommunications giant MTN South Africa accelerates its nationwide modernisation programme, the company has achieved a record 98.33% network availability daily in Limpopo. The 2024 resilience plan, which was completed in the first quarter of 2024, aims to ensure that all sites have power backup, such as batteries or hybrid generators, on hub sites to minimise network unavailability during loadshedding, load reduction and extended power failures.

Rescuers searched through the debris of a multi-storey building collapse in the South African city of George that left four people dead and dozens still trapped early on Tuesday. Twenty-four construction workers who were at the site of the unfinished building when it collapsed have been removed from the rubble so far, while 51 remained unaccounted for, the municipality of George, a coastal city east of Cape Town, said in a statement.