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2019 Petco Awards open for nominations
Published: 13 Dec 18
The South African polyethylene terephthalate (PET) industry’s biggest celebration of recycling and waste management excellence, the Petco Awards, are now open for nominations. The awards recognise leadership and future-thinking across the PET industry and beyond in addressing a reduction in, as well as the recycling and reuse of, waste.
MTN, Nigerian central bank dispute will be over 'very soon' – regulator
Published: 13 Dec 18
The Nigerian telecoms regulator said on Thursday that an $8.1-billion dispute between South African telecoms group MTN and the Nigerian central bank "is being resolved and very soon it will be over." Nigeria's government "is disposed to (an) amicable resolution," Umar Garba Dambatta, executive vice chairman of the Nigerian Communications Commission, told reporters in Abuja.
Afrox seeks to improve efficiencies in light of declining growth
Published: 13 Dec 18
Against a backdrop of subdued economic growth during the past two years, which Afrox believes will prevail in the medium term, the company has reviewed its operating model to enable continued growth in earnings, the company said in a trading statement released on Thursday. Particular areas have been targeted to extract further efficiencies. These are a refined go-to-market approach; the continued centralisation of support functions; the continued integration of production and distribution; and optimised supply and distribution networks.
New Necsa board to consider important issues New Necsa board to consider important issues Has Video
Published: 13 Dec 18
Creamer Media's Chanel de Bruyn speaks to Creamer Media Senior Deputy Editor Rebecca Campbell about the changes that have been made to the board and management of the South African Nuclear Energy Corporation and what the entity’s new board will need to focus on going forward.
Prequalification for construction of Phase 2 works on LHWP to launch in January
Published: 13 Dec 18
The Lesotho Highlands Water Project (LHWP) will kick 2019 into gear with the launch in January of the prequalification for construction of the Phase 2 main works of the Polihali dam and Polihali transfer tunnel. “The call for expressions of interest for the construction of the 165-m-high Polihali dam and the 38-km-long Polihali transfer tunnel is expected to attract the interest of major engineering and construction companies,” says LHWP Phase 2 divisional manager Tente Tente.
Iata launches turbulence data sharing platform
Published: 13 Dec 18
The International Air Transport Association (Iata) has launched its Turbulence Aware data resource, which aims to assist airlines avoid turbulence, by augmenting the airlines’ ability to pre-empt turbulence by pooling and sharing real-time data, Iata meteorological programme head Katya Vashchankova told Iata Media Day attendees on Wednesday. She explained that turbulence was the leading cause of nonfatal accidents and injuries to cabin crew and passengers and that it cost airlines millions of dollars a year owing to in-flight diversions as a result of injury, damaged aircraft interiors and excessive fuel burn.
Group Five shares soar as other parties show an interest in buying parts of the business Group Five shares soar as other parties show an interest in buying parts of the business
Published: 13 Dec 18
JSE-listed Group Five’s share price rose to 48c a share early on Thursday, compared with Wednesday’s close of 24c a share, after the company announced that it had received expressions of interest (EOIs) from a number of parties for various parts of the business. Group Five’s board of directors and its appointed corporate advisers are considering the EOIs, it said.
Komatsu opens new central multimillion-rand campus Komatsu opens new central multimillion-rand campus Has Video
Published: 13 Dec 18
Komatsu Africa Holdings in November opened a new industrial hub, built to the tune of R985-million, in Germiston, in Johannesburg. Tasneem Bulbulia reports.
South Africa becomes fourth country to deposit instrument of TFTA ratification
Published: 13 Dec 18
The South African government has deposited its instrument of ratification of the agreement that establishes the Tripartite Free Trade Area (TFTA) on the margins of the African Union Ministers of Trade meeting that took place in Egypt from December 12 to 13. The deposit of the instrument confirms that South Africa has formally and legally committed to the TFTA.
OR Tambo International geared up for 4m passengers
Published: 12 Dec 18
In a statement issued on Wednesday, OR Tambo International Airport said that it has geared up to help an anticipated four-million passengers get their holiday travels under way “stress-free and in the smoothest way possible”. Airport GM Bongiwe Pityi-Vokwana says the airport community is fully prepared for the busiest time of the year.
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