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UCT Graduate School of Business listed in global MBA ranking
23rd August 2013 The University of Cape Town (UCT) Graduate School of Business (GSB) has been ranked fifty-ninth in The Economist’s inaugural Which MBA? list of Executive Master of Business Administration (EMBA) programmes, making it the only African business school to do so. The comprehensive new ranking was... →
Transnet opens hub to support small businesses and new entrants
23rd August 2013 State-owned freight logistics group Transnet has launched the first of a series of enterprise development hubs, as part of a drive to expand opportunities for smaller enterprises and new entrants, especially black-owned entities. Public Enterprises Minister Malusi Gigaba, who officially opened... →
Japanese group invests €100m in Mainstream Renewable Power
23rd August 2013 Global wind and solar developer Mainstream Renewable Power has announced a €100-million equity investment deal with Marubeni Corporation, which would see the Japanese group take a 25% stake in the company. Ireland-based Mainstream, which has plans to build wind and solar projects in South... →
Changing South Africa’s labour law ‘not the answer’
16th August 2013 Despite ongoing calls for a review of South Africa’s labour legislation to resolve the country’s industrial-relations and unemployment problems, Department of Labour deputy director-general for labour policy and industrial relations Les Kettledas believes the answer lies not in amending the law,... →
Empowerment partners for Prasa fleet renewal unveiled
16th August 2013 Transport Minister Dipuo Peters announced earlier this month that Khiphunyawo Rail, Community Rail Services and Elgin-Identity Rail Corporation would be the 30% broad-based black economic-empowerment (BBBEE) shareholders of the Gibela Rail Transportation, which had secured a R51-billion rolling... →
Rise in manufacturing index attributed to weaker rand
16th August 2013 The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) remained above the key 50-point mark for the fourth consecutive month in July when it increased marginally by 0.6 points to 52.2, but challenging market conditions persisted. Kagiso Asset Management head of research Abdul Davids said... →
CEF invites parties to tender for torbanite project prefeasibility study
16th August 2013 JOHANNESBURG (miningweekly.com) – The Department of Energy’s Central Energy Fund (CEF) has invited capable service providers to submit proposals for a prefeasibility study (PFS) to determine the capital and operating costs for the design, construction and delivery of a process plant at its... →
Gemfields boosts Kagem output, talks over auctions continuing
16th August 2013 JOHANNESBURG (miningweekly.com) – Aim-listed Gemfields on Monday reported improved production results from its 75%-owned Kagem mine, in Zambia, and said that negotiations with the Zambian government over the location of its auctions were continuing. The company increased production from Kagem, in... →
Gold One, Goliath advance plans to restore gold mining on the East Rand
16th August 2013 JOHANNESBURG (miningweekly.com) – Dual-listed Gold One and exploration and development company Goliath Gold on Thursday said that two of three prospecting applications pertaining to the R70-million acquisition of the underground deposits and selected surface assets of the Pamodzi gold mine, on... →
Latest copper-theft index records first significant rise since September
9th August 2013 The South African Chamber of Commerce and Industry’s (Sacci’s) June Copper Theft Barometer registered its first significant increase since September last year when it rose to R11.1-million, up from R9-million in May and R9.9-million in April. While the index has been showing downward movement in... →
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