GETI provides insights into talent environment for energy sectors
The third annual Global Energy Talent Index (GETI), the world’s largest energy recruitment and employment trends report, was released on Tuesday, and offered insights into five industry subsectors – oil and gas, renewables, power, nuclear and petrochemicals. The report, compiled by Airswift and Energy Jobline, surveyed more than 17 000 energy professionals and hiring managers [...]
Wine export values rise despite drought, lower volumes
Despite 2018 being a challenging year for the wine industry, with a low-yielding harvest owing to the regional drought, the Wines of South Africa (WoSA) Export Report has found positive growth in the overall value of exports. The 4% increase in the value of exports to R9.06-billion reflected the positive sentiments towards South African wine [...]
Multichoice sweetens Naspers split with dividend plan
Africa's biggest pay-TV business Multichoice plans to pay a R2.5-billion dividend two years after leaving its parent of three decades – media and e-commerce group Naspers – and pursuing a listing solo in South Africa. Multichoice CFO Tim Jacobs said on Monday the firm would make its first payment to shareholders in 2020, after the [...]
PRASA to have permanent group CEO by April – Minister
Transport Minister Blade Nzimande expects the process to appoint a permanent group CEO for the Passenger Railway Agency of South Africa (PRASA) to be completed by April. He stated this in a reply to a Parliamentary question by Democratic Alliance MP Chris Hunsinger, dated January 9.
SAA extends flight cancellations to Blantyre over airport safety failings
South African national flag carrier South African Airways (SAA) announced on Tuesday that it was extending its cancellation of flights between Johannesburg and Blantyre, Malawi. The extension means that the flights to and from Blantyre scheduled for Wednesday January 23 have now been cancelled. Passengers can be re-routed, if they wish, on to SAA’s flights [...]
Excise tax increases cost South Africa billions of rand in lost revenue – Econometrix
The drop in sales volumes of excise-paid tobacco products has resulted in a significant loss of revenue for the government as consumers move to cheaper illicit products, economic research house Econometrix said on Tuesday. Citing National Treasury data, Econometrix said income from tobacco excise declined by R1.94-billion between 2015/16 and 2017/18, despite the government raising [...]
Ghosn denied bail yet again with trial still months away
Carlos Ghosn’s bail application was rejected again, even after the fallen car titan offered to wear an electronic tracker and be monitored by guards to end his custody that has now lasted more than two months. The latest rejection by a Tokyo court is a win for the prosecutors, who can now keep Ghosn detained [...]
Nigerian commodities king Dangote targets foreign markets in sales push
Africa's richest man, Aliko Dangote, said on Monday he expected to step up exports of cement and other commodities from Nigeria from this year as he focuses on foreign markets to boost sales and generate much-needed hard currency. Dangote told Reuters he expected to have 8 million tonnes of cement to start exporting from July [...]
To meet climate goals, world urged to reuse natural resources
More of the billions of tonnes of materials the world uses each year must be recycled and reused to keep climate change in check, researchers said on Tuesday. Only about a tenth of the nearly 93 billion tonnes of materials utilised annually - including minerals, metals, fossil fuels and biomass - are currently put back [...]
McConnell Dowell boosts order book to R11bn
Construction group Aveng’s Australian subsidiary McConnell Dowell, has secured contracts to the value of R8.5-billion in the first half of the 2019 financial year. This supports McConnell’s baseline revenue for financial year 2020 and beyond.
Smart speakers become fastest growing connected device – report
Smart speakers, fifth-generation (5G) networks and cloud-based Artificial Intelligence (AI) are the baselines of increased connectivity and potential for innovation this year, the latest ‘Deloitte Global Technology, Media and Telecommunications (TMT) Predictions’ report shows. The eighteenth edition of the report forecasts that the smart speakers installed base will surpass 250-million units by year-end, becoming the [...]
PIC inquiry appeals for information as probe gathers momentum
The sittings of the judicial commission of inquiry into allegations of impropriety at the Public Investment Commission (PIC) kicked off in Pretoria on Monday. The chairperson of the inquiry, former president of the Supreme Court of Appeal, Justice Lex Mpati appealed to individuals to come forward and submit evidence.