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Press Office - Zest Africa

Zest Africa

We understand Africa. Our portfolio of products and solutions is engineered for the harsh conditions found on the continent. We can provide a complete integrated solution for large scale utilities and mines including the supply of customised energy solutions and a complete range of WEG electric equipment.

This footprint is well supported through our strategic sales and support network in Africa with teams that speak your language.

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Standard Bank notes SARB’s hold-back guidance on dividends, bonuses

By: Martin Creamer     7th April 2020 Africa’s biggest bank by assets, Standard Bank Group, said on Tuesday that it had noted the contents of the guidance of the Prudential Authority of the South African Reserve Bank (SARB) on dividend distributions to ordinary shareholders. SARB’s Prudential Authority, headed by Kuben Naidoo, has... 

Barrick progressing towards modern miner goal 

By: Simone Liedtke     6th April 2020 Following its merger with Randgold Resources, NYSE- and TSX-listed Barrick Gold has made progress towards its goal of being a modern mining business, according to executive chairperson John Thornton in the company’s information circular for 2020 published on April 6. The circular follows the... 

Kwatani gearbox delivers excellent screening throughput performance in coal application

6th April 2020 Kwatani’s objective to position itself as an expert and advisor for screening applications has seen it execute a project that successfully delivered optimised throughput performance for one of the largest coal mining companies in South Africa. 

A grim economic forecast for South Africa from JP Morgan

By: Rebecca Campbell     1st April 2020 US-based investment bank and financial services company JP Morgan Chase & Company (JP Morgan) has, in its latest weekly economic forecast for more than 40 countries and regions around the world, identified South Africa as one of the five countries likely to be the most severely hit by the... 

Eskom gearing up to run philosophy maintenance ‘as a project’ following Covid-19 hiatus 

By: Terence Creamer     1st April 2020 State-owned electricity producer Eskom is gearing up to implement philosophy maintenance as a centralised project across its unreliable coal fleet, where ongoing breakdowns have increased the risk of growth- and confidence-sapping load-shedding. The utility’s board has given its approval for the... 

Mining could be enormous post-virus stabiliser – Minerals Council

By: Martin Creamer     29th March 2020 The mining industry could be an enormous asset in stabilising and growing the economy post the coronavirus crisis – but the right economic and regulatory circumstances would have to prevail, Minerals Council South Africa stated in a weekend media release. Post coronavirus, South Africa would... 

ARM, Motsepe family play key roles in R1bn coronavirus pledge

By: Martin Creamer     28th March 2020 South Africa’s diversified black-controlled mining and minerals company African Rainbow Minerals (ARM) and the Motsepe family on Saturday formed the key part of the partnership of companies and organisations that have pledged R1 billion to assist with the current coronavirus (Covid-19) pandemic... 

Mitsubishi unpacks movement of PGM markets amid lockdowns

By: Marleny Arnoldi     27th March 2020 Mitsubishi Corporation International (MCI) says in its latest precious metals update that it expects South Africa’s platinum supply to reduce by around 7%, or by between 200 000 oz and 300 000 oz, in light of closed operations during South Africa’s 21-day national lockdown. The announcement by... 

Petra Diamonds suspends guidance, scales down operations

By: Marleny Arnoldi     27th March 2020 London-listed Petra Diamonds has, in accordance with what the Department of Minerals Resources and Energy expects from miners during South Africa’s 21-day lockdown period, scaled down its operations. The diamond miner advised on March 27 that it had scaled down operations to operate at a... 

Exxaro applies to continue supplying coal to Eskom

By: Marleny Arnoldi     27th March 2020 JSE-listed coal miner Exxaro Resources has started implementing its Crisis Management Plan and Business Continuity Plan across the breadth of its business, which includes health and safety controls and preventive measures to curb the spread of Covid-19. This while the company motivated to the... 

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