Corporate Affairs

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    Regulator to probe VWs sold in SA following emissions scandal

    The National Regulator for Compulsory Specifications (NRCS) announced last week that it would launch an investigation to determine whether emission data on Volkswagen vehicles sold in South Africa had also been manipulated. The NRCS would work with the Department of Environmental Affairs and the Department of Transport “to determine whether  South African vehicles are also affected”, said the regulator in a statement.

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    Online logistics portal launched for local industry

    A live portal, which enables freight companies to advertise available space and central repository while matching logistics needs to reputable transport suppliers, has been launched, attracting blue chip logistics companies. Logistics Directory CEO Lel…

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    Mozambique again rejects Malawi’s plan to ship goods via the Zambezi

    The government of landlocked Malawi has revived its old proposal to turn the Shire and Zambezi rivers into a commercial waterway for the country’s imports and exports via the Indian Ocean, despite strong opposition from its neighbour Mozambique. Without Mozambican support the scheme is dead, since the two rivers run through Mozambican territory to the Mozambican town of Chinde at the mouth of the Zambezi.

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    Cape Orchid merchant vessel arrives in Saldanha for Kumba Iron Ore

    The first merchant vessel to be registered under the South African flag since 1985 arrived in Saldanha Bay this week to transport 170 000 t of iron-ore from mining giant Anglo American company Kumba Iron Ore’s  Sishen mine, in Kathu, the Northern Cape, to China. The Cape Orchid, a 300-m-long, Japanese-built bulk carrier was owned by South African operator Vuka Marine, a joint venture between South Africa’s Via Maritime Holdings and Japan’s K-Line.

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    Cape Orchid merchant vessel arrives in Saldanha for Kumba iron-ore

    The first merchant vessel to be registered under the South African flag since 1985 arrived in Saldanha Bay this week to transport 170 000 t of iron-ore from mining giant Anglo American company Kumba Iron Ore’s  Sishen mine, in Kathu, the Northern Cape, to China. The Cape Orchid, a 300-m-long, Japanese-built bulk carrier was owned by South African operator Vuka Marine, a joint venture between South Africa’s Via Maritime Holdings and Japan’s K-Line.

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    SA task team seeks benefits from Africa’s burgeoning auto ambitions

    The low oil price has hit Nigeria where it hurts – in the wallet – highlighting the need for Africa’s biggest economy to diversify its income sources. One of the targets of what is called the National Industrial Revolution Plan is to resurrect vehicle assembly in the West African country through the implementation of the New Automotive Industry Development Plan (NAIDP).

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    SA task team seeks benefits from Africa’s burgeoning auto ambitions

    The low oil price has hit Nigeria where it hurts, in the wallet, highlighting the need for Africa’s biggest economy to diversify its income sources. One of the targets of what is called the National Industrial Revolution Plan, is to resurrect vehicle assembly in the West African country through the implementation of the New Automotive Industry Development Plan (NAIDP).

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    Construction under way at Saldanha Bay IDZ

    Construction is well under way at Saldanha Bay’s industrial development zone (IDZ), which is set to position the Western Cape as a rig repair hub, the Western Cape government announced last month. Western Cape Minister of Economic Opportunities Alan Winde says that enabling oil and gas servicing at Saldanha is central to Project Khulisa’s drive to grow the sector. “Focusing specifically on upstream and midstream services such as rig repair, this sector already provides 35 000 formal job opportunities in the province. Through Project Khulisa, we have the aspirational goal of adding a further 60 000 formal jobs in this sector and increasing its economic contribution up to R3-billion, from its current R1-billion,” he highlights. Winde notes he has requested an update report from the Saldanha Bay Licencing Company on the progress of construction at the IDZ.

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    New technologies expected to transform oceanic activities

    New technologies promise to transform the economic, scientific and environmental of “ocean space” by humanity. This is the view expressed in the recent Global Marine Technology Trends 2030 report, drawn up by three British institutions – marine classification and business and technology services group Lloyd’s Register, high-technology research and development company Qinetiq and the University of Southampton.

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    Tata aiming to take African business to the next level

    Multinational company Tata is looking to take its business on the African continent to the next level. Tata Sons business development and public affairs head Madhu Kannan told journalists that while the group had worked on the continent for almost 40 years, “the game right now is to see if we can build scale”.

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