Author: Editor

Samsung Electronics Africa recognises the nation’s challenges with regards to its electricity demand. The reality of regular power outages suggests that the different countries in Africa are not producing sufficient energy to meet the demands of each country.   “In response to this, Samsung recently introduced ‘Multi Power TV’, which provides consumers in Africa with a stable TV viewing experience, even when there is an unstable supply of electricity,” says Ansgar Pabst, Business lead for TV/AV at Samsung Electronics SA.   With this product, consumers are now able to enjoy their TV viewing uninterrupted, by simultaneously being linked to both…

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South African Tourism said it was working to make sure that the INDABA 2015 exceeds the business expectations of both exhibitors and buyers. The annual travel and tourism showpiece takes place at the Inkosi Albert Luthuli International Convention Centre from 09 to 11 May, 2015. SAT Chief Executive Officer, Thulani Nzima revealed that INDABA is the single biggest platform for African tourism businesses to come and meet global buyer delegates. “This tradeshow attracts the cream and the best cross section of the African tourism and travel trade which in turn, attracts the best buyers in the world to INDABA,” Nzima…

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Eskom, the South Africa’s power utility said it has moved from stage 1 to stage 2 load shedding as of 11:30 today (Tuesday 27) and this will continue until 22:00. The move was as a result of shortage of generation capacity. “We moved to stage 2 in order to manage our reserves at our pumped storage schemes and gas turbines so that we can better manage the rest of the week,” Acting Chief Executive Dan Marokane said. The corporation said at its pumped storage schemes (which use water to generate electricity), the dam levels are low because we were not able to…

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Gem Diamonds said the fourth quarter of 2014 was positive for the group as it ended the year on a high note buoyed by the Lesotho project. The company revealed in the operational and sales performance for the period that Letšeng continued with its strong performance. The year ended very positively, with the December tender achieving an average of US$ 2 799* per carat. This resulted in an average value of US$ 2 140* per carat being achieved in Q4 2014 (US$ 2 603* per carat in Q3 2014), bringing the average for 2014 to US$ 2 540* per carat…

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The Botswana Society held its first open house session on Friday 23rd January 2015 with Honorary Secretary, Fred Morton, highlighting the objectives of conducting such open days as to make the public aware of TBS. TBS promotes cultural heritage, tourism, connects the public and tourists with the cultural side of Botswana and support young entrepreneurs, according to Morton. This was also a chance for TBS to promote their annual publication of the Botswana Notes and Records. During the open house session TBS organised training by the Botswana Federation for the Disabled (BOFOD) to assist in disseminating information about disability and its…

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Major Moves Comedy is back to continue where it left off last year with fresh and innovative concepts with their 1st event of the year. Events coordinator for Major Moves Comedy Gaolathe Kediemetse said, “having produced the monthly comedy events at Cresta President Hotel featuring international guests and also taking comedians to perform in South Africa alongside top comic acts, it was only natural to show growth through having more locals headline their own shows as Mawee did when he recorded his DVD.” Cracker Night Comedy Show is bringing non-stop laughter to Gaborone on February the 13th at Cresta President Hotel with…

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Aggreko has announced a three year contract extension to its 200 MW gas-fired power project in Ivory Coast, with an option to extend this by a further two years. The Aggreko plant in the Vridi area of Abidjan provides critical power to Ivory Coast and surrounding countries interconnected to the Ivory Coast grid. The facility was installed in 2010 with the first phase of the project producing 70 MW. This was later increased to 100 MW in 2011 and again increased in June 2013 to 200 MW. With a booming economy and GDP growth of around 9%, demand for energy…

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DHL Express said it has won a record number of external awards for its business in Sub Saharan Africa in 2014 – almost triple that of 2013 – demonstrating the success from its 2014 strategy to create greater service quality and increase employee engagement. In 2014, DHL Express Sub Saharan Africa received a total of 61 awards from external parties such as government bodies, trade associations and the media. The recognition from industry leaders is a testament of the business’ successes in customer service delivery, employee engagement, contribution to corporate social responsibility, as well as its commitment to provide excellent…

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This year may well see a rare occurrence for world commodity markets – a decline in all nine key commodity price indices, according to the World Bank’s latest Commodity Markets Outlook. While oil prices have seen the most dramatic decline, the third largest since World War II, other commodities have also been gradually weakening in recent months. And this broad-based weakness is expected to continue throughout 2015, before beginning a modest turn around in 2016. In oil markets, a “perfect storm” of conditions has led to a plunge in prices since mid-2014: growth in unconventional oil production, decline in…

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NamPower, the Namibian power utility said it has been assisting Botswana South Africa with electricity in times of need like recently. The company said in a statement that as part of an annual Surplus Sales Agreement NamPower it has in place with Eskom and Botswana Power Corporation (BPC), it was in a fortunate position to assist the two utilities with excess power. It said that the capacity to assist Eskom and BPC was as a direct result of surplus energy being available at the time due to the flagship power generation plant, the Ruacana Hydropower Station, generating at full…

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