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Govt, industry collaboration needed to create thriving diamond industry – Ernie Blom
Published: 15 Feb 19
World Federation of Diamond Bourses president Ernie Blom has called on Mineral Resources Minister Gwede Mantashe, through an open letter, to put into practice what government has said regarding the development of the South African mining industry, in general, and to help “pave the road to success”. In particular, Blom referred to the global diamond sector, which he said “flourished when close cooperation between government and industry prevails”.
City wants your comment on new strategy to drought-proof Cape Town
Published: 15 Feb 19
After a drought almost left Capetonians queuing for a mere few litres of water per person per day, the City of Cape Town wants your comment on a proposed R5.4bn strategy to avoid another possible "Day Zero". The proposed strategy, if accepted after public comment, presents ways of meeting growing demand from ground water, water reuse and desalination over the next 10 years. The goal will be to increase available water capacity by more than 300-million litres a day and to avoid hefty future ...
Companies at Mining Indaba panic about 1 March 2019 deadline for Mining Charter implementation and compliance with the NEMA Financial Provision Regulations, says Alusani® Course Leader
Published: 14 Feb 19
Mining Charter The Mining Charter 2018 was a hot topic at the recently held Mining Indaba in Cape Town. With the proposed changes to BEE requirements which prescribes how mining companies are required to involve communities and women in their management and ownership structures, many companies are panicking.
Train sets numbers improve in the Western Cape – Metrorail regional manager
Published: 14 Feb 19
There has been a great improvement on the number of train sets which are currently in operation compared to last year, Metrorail Western Cape regional manager Richard Walker said on Thursday. “We are currently operating 48 train sets which is an improvement from where we came down last year being 36 to 37 train sets. We last year visited our contractors to get a commitment that now we are going to bring additional train sets back into the system,” he said.
Huawei to build data centres in South Africa
Published: 14 Feb 19
China's Huawei will build two data centres in South Africa from March, it said, as part of plans to expand cloud services across Africa. "The company is working with South African partners for the construction of the data centres in Johannesburg initially and later Cape Town," Huawei said in a statement.
How the UK is using over 150 years of mining heritage to secure sustainable economic development in Africa for the next 150 years and beyond. Has PDF
Published: 14 Feb 19
On the 6th February 2019, Cape Town, South Africa, visitors to the biggest mining conference in Africa, Mining Indaba, were invited to an industry dialogue between key figures in mining, agriculture, finance and government, at a panel discussion hosted by the UK’s Department for International Trade. The focus of the discussion was the importance of forging a holistic, responsible approach to mining; delivering mutual stakeholder value with particular focus on sustainable mining ecosystems which serve both business and communities.
What the Competition Amendment Bill means for the economy
Published: 14 Feb 19
Cape Town-based intellectual property law Adams and Adams Attorneys on Thursday welcomed the signing of the Competition Amendment Bill into law by President Cyril Ramaphosa.  Ramaphosa on Wednesday signed the Competition Amendment Bill into law which he said will be a boost for SMEs and economic inclusion, and would open up the economy to fresh investment and innovation.   Ramaphosa said the Bill also provides a clear mandate to the competition authorities to address economic concentration in a balanced manner and to promote economic transformation, and provides clarity to firms and investors on prohibited practices and what constitutes abuse of dominance.
WWF starts One Planet City Challenge 2019
Published: 13 Feb 19
Afgri Technology Services (ATS) has partnered with the University of Pretoria’s (UP’s) TuksNovation to foster innovation in the agricultural sector. TuksNovation is a nonprofit organisation founded by the university, in partnership with the departments of Trade and Industry and Small Business Development, that serves as a technology incubator and accelerator, providing specialised product and business development support to tech start-up companies. ATS was established by agribusiness Afgri Group to specifically focus on introducing innovation and technology across the agricultural value chain and bringing tech solutions to its customers. ATS has partnered with TuksNovation for its annual Activate Competition, which searches for cutting-edge and innovative technologies and start-ups that can be grown into successful businesses. “The objective of the competition is to identify potentially profitable technologies and disruptive start-ups for virtual incubation and acceleration, with the intention of building the agricultural sector’s innovation capacity and to foster support for and growth of South Africa’s entrepreneurs,” said ATS MD Niki Neumann in a release. The competition is open primarily to UP and Gordon Institute of Business Science students, as well as academic staff and alumni. “ATS will be actively participating in the competition by helping to validate entry concepts and providing a degree of mentoring to relevant start-ups in the fintech, foodtech and agtech spaces.” She added that the partnership with TuksNovation, provided the company access to a pipeline of top technology start-ups to partner with, and allowed ATS to take another step forward in supporting the entrepreneurial and small and medium enterprise innovation community in South Africa. The partnership fully supports ATS’s desire to advance the development and implementation of agricultural technology solutions that will help drive the future of agriculture and enable food security. “By supporting TuksNovation, we further our vision of bringing together the greatest minds, technology and products to be the catalyst of innovation and technology-enabled solutions to drive sustainable agricultural growth across the African and global agricultural value chains.” Entries for the Activate Competition will be open until March 22.
2019 Budget will present South Africa with ‘a path of hope’ – PwC
Published: 13 Feb 19
With Finance Minister Tito Mboweni scheduled to deliver the 2019 Budget Speech, in Cape Town, on February 20, expectations are high as the country waits to hear how he plans to balance competing expenditure priorities to stimulate economic growth, in spite of fiscal consolidation measures. In the lead up to the anticipated event next week, professional services firm PricewaterhouseCoopers (PwC) on Wednesday discussed some of its projections and forecasts, with particular reference to the economy and tax implications, stating that following President Cyril Ramaphosa’s State of Nation Address (SoNA) on February 7, “there are great expectations on the shoulders of the . . . Finance Minister”.
South Africa's biggest labour group embarks on nationwide strike
Published: 13 Feb 19
South Africa’s biggest labor federation will embark on a nationwide protest on Wednesday that will keep teachers, policemen, miners and workers at embattled power utility Eskom away from their posts amid a fourth day of rolling blackouts. The National Union of Mineworkers -- an affiliate of the Congress of South African Trade Unions that represents workers from the mining, energy and construction industries -- is expecting more than 100 000 people to take part in the strikes, said NUM spokesman Luphert Chilwane.
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