Sashnee Moodley

https://staging1.creamermedia.com/

Sashnee Moodley

Sashnee Moodley is Senior Deputy Editor Polity and Multimedia.

Developer of R2bn, 102 MW Northern Cape wind farm aiming for 2017 start-up

3rd July 2015 Wind project developer Gestamp Wind has been awarded a 102 MW wind project in Copperton, in the Northern Cape, with a 20-year power purchase agreement (PPA), as part of the Renewable Energy Independent Power Producer Programme (REIPPPP), with construction expected to begin early next year. →

Green initiatives can help telecoms firms slash emissions, lessen reliance on grid power

3rd July 2015 The telecommunications industry can deal with two of its key challenges through green initiatives and diesel-reduction strategies, says mobile communications infrastructure company IHS Towers chief technology officer William Saad. →

WILLIAM SAAD The telecommunications industry needs to focus on ensuring that towers are diesel neutral in the coming years and on alternative sources of power

Corporation to install solar panels on 15 buildings at Coega

3rd July 2015 The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels. →

SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations

KWG acquires 100% chromium IP

30th June 2015 Chromite explorer KWG Resources reported on Monday that it had acquired 100% ownership rights in two US provisional patent applications relating to the production of chromium iron alloys directly from chromite ore and the production of low carbon chromium iron alloys directly from chromite... →

Bear Creek appoints new investor relations director

30th June 2015 TSX-V-listed Bear Creek Mining has appointed Barbara Henderson its investor relations director, while she would continue her corporate secretary duties. →

Alberta/Canadian crude oil backwardation an investor opportunity

29th June 2015 The Alberta/Canadian crude market is the only one in the world currently in backwardation, presenting opportunities for investors, Auspice Capital Advisors has pointed out in a research note. →

First Nickel under TSX delisting review

26th June 2015 Mining and exploration company First Nickel reported it has received notice that the TSX is reviewing the eligibility of the company’s common shares for continued listing on the TSX. →

PearTree appoints new president, head of mining

26th June 2015 PearTree Securities, a subsidiary of PearTree Financial Services, the originator of flow through donation financing in Canada, has appointed Trent Mell PearTree president and head of mining. →

Trent Mell

Iamgold reports high-grade gold at Monster Lake from winter programme

26th June 2015 Mining and exploration company Iamgold on Thursday revealed that it had intersected high-grade gold at its Monster Lake project in Quebec, Canada, during its 2015 winter drilling programme. Iamgold exploration senior VP Craig MacDougall said the drilling programme was aimed at assessing several... →

Manufacturing, economy need each other to grow

26th June 2015 Stronger alignment between policy-makers and the private sector was important, said the Manufacturing Circle earlier this month, citing research that showed the interdependence of a healthy South African economy and the manufacturing sector’s growth. →

Photo by Duane Daws
IN SYNC Greater alignment is needed between policy-makers and the private sector on how to keep manufacturing resilient

Commission gives conditional nod to Hebei, Duferco transaction

26th June 2015 The Competition Commission has given its approval for the intermediate merger between Chinese-owned Hebei Iron and Steel Group and Swiss steel trader Duferco International Trading Holding SA, with conditions. →

Tshwane properties popular in recent auction

26th June 2015 Properties in the City of Tshwane were the most sought after in an auction held by property auctions company High Street Auction in Johannesburg in May. →

Aggreko Zambia appoints new chairperson

26th June 2015 Temporary power generation services provider Aggreko announced earlier this month that it had appointed Dr Sixtus Mulenga as nonexecutive chairperson of Aggreko Zambia, a move it believed was integral to the ongoing expansion of its operations in Zambia and the rest of Africa. →

TEAMWORK Aggreko Europe, Middle East & Africa MD David Taylor-Smith; Aggreko Zambia chairperson Dr. Sixtus Mulenga; Aggreko Africa MD James Shepherd

Afrimat to buy out remaining Infrasors shares

26th June 2015 JSE-listed Afrimat will make a cash offer to acquire the entire remaining issued share capital of subsidiary Infrasors that it does not already own. →

Cities drive greater innovation, says Harvard professor

23rd June 2015 The success of any city depends on the ability of its citizens to share ideas and influence each other, says Harvard University economics professor Edward Glaeser. Glaeser, who was hosted on Tuesday by the Centre for Development and Enterprise, in Johannesburg, said that, at the start of the... →

Harvard University economics professor Edward Glaeser

CDC to install solar panels at Coega industrial zone

19th June 2015 The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels. The CDC would, on June 25, issue a request for proposals (RFP) from potential suppliers. The RFP... →

Property company pursues European growth with two acquisitions

19th June 2015 European property investment company Stenprop has acquired 25 Argyll Street, a 65 000 ft2 office building in London, for R1.385-billion and is acquiring Hermann Quartier, a shopping centre in Berlin, for R299.2-million. →

Tshwane free WiFi project may help catalyse social-impact bonds

19th June 2015 Tshwane municipality’s free WiFi initiative, rolled out by nonprofit organisation Project Isizwe, could provide a model for social-impact bonds in South Africa, whereby the private sector guarantees delivery of services, the public sector guarantees payment and commercial funding is accessed... →

KASIEF ISAACS The impact of the connectivity on gross domestic product, economic access and job opportunities has been the subject of extensive research

Zambian opposition leader outlines partnership vision in SA address

19th June 2015 Zambian opposition party the United Party for National Development (UPND) aims to improve the way business is conducted in Zambia by removing bureaucracy and to find an opportunity for government and businesses to partner for mutual gain. →

Failing to collect rainwater is a waste, harvesting firm avers

19th June 2015 Rainwater harvesting is the easiest method to practice water conservation and if we are not colleting rainwater, we are actually wasting water, polyethylene plastic storage tanks manufacturer JoJo Tanks chairperson Rod Cairns tells Engineering News. →

ROD CAIRNS If rainwater is collected and stored over a year, 86% of a household’s water requirements could be met using that water

Trade unions call for judicial enquiry into Eskom crisis

18th June 2015 Trade unions and the Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Thursday called for a judicial enquiry into Eskom’s business and declared its intention to make submissions to the National Energy Regulator of South Africa (Nersa) against the 25.3% electricity tariff... →

S Africa’s economic growth target not enough to deliver required tax revenue

17th June 2015 Finance Minister Nhlanhla Nene on Wednesday stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges. →

Photo by Duane Daws
Finance Minister Nhlanhla Nene

South Africa on the cusp of a drought, WWF-SA warns

12th June 2015 Just 8% of South Africa’s land area provided 50% of the country’s surface water and the country could be on the cusp of a drought, Worldwide Fund for Nature South Africa (WWF-SA) Freshwater Programme head Christine Colvin warned at a Power of Partnerships seminar in Johannesburg last month. →

IAN KIRK Partnerships will be key if South Africa is to mitigate the threat of a water crisis

US group acquires SA energy company

12th June 2015 US-based NRG Renew last month announced its acquisition of South African Kayema Energy Solutions as part of its strategy to strengthen its capabilities in South Africa. →

DINO PETRAROLO Kayema provides NRG with a comprehensive understanding of market conditions and a strong competency in energy services

Government leaders indicate their readiness to support embattled NUM

12th June 2015 The mining sector was no longer the main driver of the South African economy but it still contributed significantly towards the country’s gross domestic product, said Mineral Resources Minister Ngoako Ramatlhodi at the National Union of Mineworkers’ (NUM’s) fifteenth national congress, in... →

Mineral Resources Minister Ngoako Ramatlhodi

Tshwane properties popular in S Africa auction

11th June 2015 Properties in the City of Tshwane were the most sought after in an auction held by property auctions company High Street Auction in Johannesburg in May. →

Aggreko Zambia appoints new chairperson

11th June 2015 Temporary power generation services provider Aggreko announced on Thursday that it had appointed Dr Sixtus Mulenga as nonexecutive chairperson of Aggreko Zambia, a move it believed was integral to the ongoing expansion of its operations in Zambia and the rest of Africa. →

Aggreko Europe, Middle East & Africa MD David Taylor-Smith; Aggreko Zambia chairperson Dr. Sixtus Mulenga; Aggreko Africa MD James Shepherd

Afrimat to buy-out remaining Infrasors shares

11th June 2015 JSE-listed Afrimat will make a cash offer to acquire the entire remaining issued share capital of subsidiary Infrasors that it does not already own. →

Commission gives conditional approval for Hebei, Duferco merger

11th June 2015 The Competition Commission has given its approval for the intermediate merger between Chinese-owned Hebei Iron and Steel Group and Swiss steel trader Duferco International Trading Holding SA, with conditions. →

S African economic growth correlative with expanded manufacturing output

11th June 2015 Stronger alignment between policy-makers and the private sector was important, said the Manufacturing Circle on Thursday, citing research that showed the interdependence of a healthy South African economy and the manufacturing sector’s growth. →

Joburg seeks to sustain ICT intensity by ‘hacking’ into local innovation

5th June 2015 The City of Johannesburg recently called on entrepreneurs to take advantage of the economic public space it has created through its inaugural Hack.Jozi Challenge to boost the productivity of the city’s economy through information and communication technology (ICT) innovations. The Hack.Jozi... →

R950m mall expected to stimulate Springs’ economy

5th June 2015 Construction is underway on the R950-million Springs Mall at the Blue Crane Eco Park development in the Ekurhuleni Metropolitan in Gauteng and it is expected to stimulate the local economy with job creation through its significant investment. →

SPRINGS MALL The 52 000 m2 regional shopping centre is scheduled to open before Easter in 2017 and its 120-store capacity is already 80% let

Drilling company makes one-hundredth raiseboring rig

5th June 2015 JSE-listed drilling solutions provider Master Drilling celebrated the manufacture of its one-hundredth raise boring rig at its head office in Fochville, Gauteng, last month. →

RD8 RIG The RD8 raise boring rig was designed specifically for large-diameter raise boring applications, for shafts with a diameter of up to 8 m, and for a depth of up to 1.5 km in hard rock

Joburg seeks to sustain ICT intensity by ‘hacking’ into local innovation

5th June 2015 The City of Johannesburg recently called on entrepreneurs to take advantage of the economic public space it created, through its inaugural Hack.Jozi Challenge, to boost the productivity of the city’s economy with information and communications technology (ICT) innovations. The Hack.Jozi... →

BARRY DWOLATZKY The challenge aims to foster a culture of innovation in Johannesburg

Solar academy to open in Mali aims to develop expertise for Africa

5th June 2015 Solar power initiative Akon Lighting Africa will launch its solar academy next month in Bamako, Mali, to help develop skills and expertise in the solar energy sector in Africa. →

Photo by DavidMonfort/Dagency
SAMBA BATHILY The academy will be the first on the continent and specifically targets African entrepreneurs, engineers and technicians

Renewables IPP delivering across four technology platforms

5th June 2015 Italian independent power producer (IPP) Building Energy has been awarded preferred bidder status in round four of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) for a wind and mini-hydro project. →

MATTEO BRAMBILLA The REIPPPP is a dependable and bankable framework that highlights the commitment to renewable energy power generation in South Africa

Mining sector no longer leading the S African economy – Minister

4th June 2015 The mining sector was no longer the main driver of the South African economy but it still contributed significantly towards the country’s gross domestic product, said Mineral Resources Minister Ngoako Ramatlhodi at the National Union of Mineworkers’ (NUM’s) fifteenth national congress, in... →

Mineral Resources Minister Ngoako Ramatlhodi

S Africa on the cusp of a drought – WWF-SA

29th May 2015 Just 8% of South Africa’s land area provided 50% of the country’s surface water and the country could be on the cusp of a drought, World Wide Fund for Nature South Africa (WWF-SA) Freshwater Programme head Christine Colvin warned at a Power of Partnerships seminar in Johannesburg on Friday. →

Ian Kirk

Sappi expecting better earnings, but currency movements may impact

29th May 2015 Pulp and paper producer Sappi has increased its net profit for the three months to March 31, by 75% to $56-million, compared with the profit of $32-million recorded in the March 2014 quarter. →

Photo by Duane Daws
LOCAL GROWTH The South African paper business continued to progress with higher volumes, pricing and lower logistics and fixed costs

Apprenticeships, internships crucial to automotive industry

29th May 2015 Investment in South African youth through apprenticeships and learnerships will not only create direct benefits for businesses but will also contribute significantly to job creation and socioeconomic transformation in the country. →

PAUL SPEAR Training and development should be an integral and proportionate part of the long-term strategy of all companies, regardless of their size

S Africa invited to invest in Egypt

28th May 2015 Upcoming projects, including the Suez Canal expansion, in Egypt, afforded South Africa opportunities to invest in that country, further boosting trade relations between the two States, Small Business Development Deputy Minister Elizabeth Thabethe said at a business meeting hosted by Egypt-based... →

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