Regional collaboration in the power and water sectors, the untapped potential of renewable energy and investment challenges will be top of the agenda at the 15th African Utility Week and Clean Power Africa conference and exhibition, returning to the CTICC in Cape Town from 12-14 May next year. The event is expected to again attract more than 5000 attendees and feature 250 exhibitors, 190 speakers, eight conferences, free technical workshops on the expo floor, three high-profile plenary sessions and the coveted industry awards gala dinner. The event brings together utility professionals from across the globe to learn, share knowledge and debate the key topics that will…
Author: Editor
According to the 2014 Good City Index, Jozi is the second-most inspiring city in the world – after Hong Kong. In a study conducted by the global Good magazine, Joburg scored the highest points in all categories the publication uses to rank cities. These included categories such as being a Hub of Progress, City Engagement, Street Life, Defining Moments, Connectivity, Green Life, Diversity and Work Life Balance. The metropolitan City is one of only three African cities to feature in the magazine’s Top 20 list. The others included Nairobi in Kenya, which is perched at number five, and Dakar in…
fastjet, Africa’s low cost airliner, says it carried a total of 63,146 passengers; a 90 per cent increase compared to the same month last year, and achieved a load factor of 77 per cent at its Tanzania operations. It revealed that its On Time Performance remains excellent at 91 per cent. The company also reported a positive forward sales position for December with a 99 per cent increase in current ticketed sales and a 30 per cent jump in average yield versus December 2013. To meet high season demand, fastjet has adjusted the December flying programme to allow for the…
Barrick Gold Corporation says it has completed the 50/50 joint venture agreement with Saudi Arabian Mining Company (Ma’aden) for the Jabal Sayid copper mine in Saudi Arabia. Jabal Sayid is expected to begin shipping low-cost concentrate in early 2016. When fully operational, the mine is expected to produce 100 million pounds1 of copper in concentrate per year in its first full five years, with the potential to increase to 130 million pounds1 per year. “We are excited to move this project into production, working in collaboration with our new partners at Ma’aden,” said Kelvin Dushnisky , Co-President. “Jabal Sayid is a high-quality…
In the lead up to the festive season, consumers are increasingly turning to online shopping portals instead of visiting physical stores. Oliver Facey, VP Operations for DHL Express Sub Saharan Africa says shopping online not only offers consumers access to a greater selection of products with easy to compare prices, but also allows individuals to purchase products that may not yet be available in in their own country. Although internet penetration in Sub Saharan Africa is still far below the world average of around 30%, the numbers are increasing as Africans become more familiar and comfortable with online shopping. According…
The African continent continues to attract the interest of global investors, developers and operators searching for growth. While there are short term concerns in some of Africa’s regions, the opportunities abound for infrastructure investment and development. Infrastructure spend in the region is projected to reach $180bn per annum by 2025, according to PwC’s ‘Capital Projects & infrastructure in East Africa, Southern Africa and West Africa,’ report said. More than half of respondents indicated that their planned spending on infrastructure – both new projects and refurbishment of assets – would increase by more than 25% from the previous year. They said…
The members of staff of Botswana Insurance Holdings Limited (BIHL) group took to the grills this past weekend, participating in the BIHL Braai Master cook off in Sebele. The employees gathered for a team-building-exercise-come-CSI-activity with a twist. Before a panel of 3 judges, the group staged its very own reality-style cook-off to feed 198 children from the Adopt-A-Person (AAP) Orphanage Centre. “Born out of an idea to get staff into a much more fun and engaging spirit as we head towards the end of the year, we wanted to do something that would at once encourage a health dose of…
Majwe Mining Joint Venture Pty Ltd said it will deliver Cut 8 in Jwaneng as the livelihood of the people of country is dependent on the project. “…we are well on our way to achieving our goal of delivering Cut 8,” Majwe Mining Joint Venture (Pty) Ltd, Project Director, Rod Fraser said at a function to mark the JV’s three year anniversary. “We will always remain mindful and remember our main purpose here at Jwaneng, which is of course to provide mine contracting services to the Debswana-Jwaneng Mine by moving over 156 million Bank Cubic Meters of waste material safely…
Magnum Gas & Power Limited has dual listed 100% of its issued ordinary capital on the Venture Capital Market of the Botswana Stock Exchange (BSE). The listing took place on 1 December 2014 and the sponsoring broker for the secondary listing of the securities on the BSE is Imara Capital Securities (Pty) Limited. ASX remains the primary listing for Magnum and as a result there will be no change to current arrangements with ASX. According to the company, the application to dual list Magnum’s ordinary securities on the BSE has been made in large part to affirm its commitment to Botswana and to the development…
Botswana Insurance Fund Management (Bifm) CEO, Tiny Kgatlwane, and 20 members of Bifm journeyed to Metsimotlhabe to lend a hand to Pabalelong Hospice. The effort comes as part of a longstanding reputation of Bifm to assist in local communities through sustainable and hands-on charitable work. Bifm made a handover of cleaning chemicals and consumables anticipated to last the Hospice well into the next year. In addition, a TV for one of the in-patient rooms was handed over by staff, ensuring that every inpatient room is now equipped with a TV set. Said Kgatlwane, “We are incredibly excited to work with…