Four-million low- to middle-income housing units needed

Owing to an economic boom witnessed in most African countries, an opportunity for young engineers to venture into engineering management has transpired, stated Australia-based professional services... 

Unified construction measurement standards to be published next year

The International Construction Measurement Standards (ICMS) coalition was launched at the International Monetary Fund headquarters in Washington DC, in the US, last month, following the gathering... 

V&A Waterfront begins R20m solar project

In an effort to reduce its demand on the energy grid in the Western Cape, the V&A Waterfront has begun a R20-million solar project that will include the installation of 7 000 m2 of solar panels on... 

Vacations drew tourists in 2014 but foreign arrivals down

Vacationing was the main reason for tourists to visit South Africa in 2014, with a significant majority of 95.7% of tourists on holiday, while business travel and students made up less than 4% of... 

SouthGobi CFO resigns, successor to be announced

Mongolia-focused coal miner SouthGobi Resources CFO Bertrand Troiano has resigned following a two-year secondment from mining giant Rio Tinto, which ended on July  

Former Centerra Gold president, CEO detained in Bulgaria

Bulgarian authorities have detained former Centerra Gold president and CEO Leonard Homeniuk, apparently at the request of Kyrgyz Republic authorities. 

First Nickel resumes operations at Lockerby after explosion

Mining and exploration company First Nickel resumed normal operations on Monday, following an underground explosion at its Lockerby mine, south-west of Sudbury, in Ontario, on Sunday morning.  

Sanral embarks on R2.2bn worth of projects in the Eastern Cape

State-owned South African National Roads Agency Limited (Sanral) is undertaking 32 projects, totalling R2.2-billion, in the Eastern Cape, this year. 

Ascendis makes first international acquisition with buy-out of Spanish group

Health and care brands group Ascendis Health on Monday announced its first international acquisition – an initial 49% stake in Spanish pharmaceutical group Farmalider for R210-million. 

Joburg places digital innovation roll-out at heart of smart-city strategy

As part of its commitment to a smart city, the City of Johannesburg is digitally empowering citizens to ensure that they are fluent in the uses and possibilities of the digital space. 

UK Bloodhound sponsorship launched ahead of car’s SA arrival

The global launch of the British sponsorship of the Bloodhound Supersonic Car (SSC) took place in Centurion earlier this month ahead of the cars arrival in South Africa, in 2016, for its attempt to... 

Load-shedding the biggest risk to SMEs – survey

At least 71% of small and medium-sized enterprises (SMEs) consider load-shedding the biggest external threat to their businesses this year. 

Busa to mark Women’s Month with business programmes for corporate women

Business Unity South Africa (Busa) will, in August, host the Women in Business Master Class Series and the Women on Board Training, to commemorate Women’s Month and promote and embrace... 

Joburg chosen to host international entrepreneurship congress in 2017

Johannesburg has been chosen to host the Global Entrepreneurship Congress (GEC) in March 2017 – a first for Africa – that will bring together entrepreneurs, investors, researchers and policymakers... 

Spaza shop discount App wins inaugural Hack.Jozi challenge

The three winners of the inaugural R5-million Hack.Jozi Challenge were announced earlier this month at a formal awards ceremony in Johannesburg, following five months of competition among the 140... 

Lydian says further project upgrades possible at Amulsar

Gold mining and mineral exploration company Lydian International on Thursday said there was potential for further project upgrades through a value-engineering programme at its 100% owned Amulsar... 

Brio says output on track to meet 2015 guidance, new discovery at Fazenda Brasileiro

Brio Gold, a subsidiary of Yamana Gold, announced on Thursday that its mines were on track to meet its 2015 guidance of 130 000 oz of gold at an average cash cost of $730/oz of gold. 

$2m drilling programme starts at Alaska Peninsula copper-gold project

A drilling programme had started at the Alaska Peninsula copper-gold project, in south-west Alaska, explorer Millrock Resources reported on Thursday.  

UK sponsorship of Bloodhound launched ahead of its arrival in S Africa

The global launch of the British sponsorship of the Bloodhound Supersonic Car (SSC) took place in Centurion on Thursday ahead of the car’s arrival in South Africa, in 2016, for its attempt to break... 

Warnings of lost opportunities amid delay in finalising new solar-geyser rebate

Government’s ambitious national solar water heating (SWH) rebate programme, which was suspended in February until further notice, has left investors and businesses in limbo. The programme was... 

Warnings of lost opportunities amid delay in finalising new solar-geyser rebate

Government’s ambitious national solar water heating (SWH) rebate programme, which was suspended in February until further notice, has left investors and businesses in limbo.  

National minimum wage could lead to higher unemployment, warns Neasa

Government’s proposal for a national minimum wage creates a challenge because if the wage threshold is set too high, it will result in job losses but, if set too low, it becomes meaningless, says... 

Metals, engineering sector challenges will affect employment – Seifsa

Stagnant demand and high production costs are likely to result in declining employment in the metals and engineering sector.  

Company punts patented tank solution as water-crisis safeguard

Water conservation company Waterbank Africa hopes to engage government in the high-volume roll-out of its patented, pressurised water tank – the Waterbank– to help ease the burden of water loss.  

Harvard academic outlines the importance of cities in spurring innovation

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. 

South African learners to conduct experiment at CERN

Eight Grade 11 learners from St John’s College and two from Barnato Park High School, both in Johannesburg, recently teamed up to win the European Organisation for Nuclear Research’s (CERN’s)... 

Free trade zone could add impetus to already growing intra-African trade

The Africa Free Trade Zone is a “fantastic” initiative that will easily increase tradability and, ultimately, increase trade flow among the 26 countries in Africa, says trade-related credit... 

2% GDP growth within reach but not enough to heal SA’s ills – Nene

Finance Minister Nhlanhla Nene earlier this month 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... 

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

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... 

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

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... 

Corporation to install solar panels on 15 buildings at Coega

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. 

KWG acquires 100% chromium IP

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... 

Bear Creek appoints new investor relations director

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

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

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

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.  

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

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... 

Manufacturing, economy need each other to grow

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... 

Commission gives conditional nod to Hebei, Duferco transaction

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... 

Tshwane properties popular in recent auction

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.