SANRAL, SAWIC engage on opening up construction industry to women

Port Elizabeth: The South African National Roads Agency SOC Limited (SANRAL) held a round table engagement with the South African Women in Construction (SAWIC) to deliberate on how the roads agency can further advance interests of women in the construction industry. Held at the SANRAL regional office in Baywest, Port Elizabeth, the engagement was attended by SAWIC’s President, Kile Mteto, SAWIC Eastern Cape Chapter Chairperson, Phumeza Kate, accompanied by a group of SAWIC members that recently completed a training programme with SANRAL. The group of 40 SAWIC women, who received their…

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Seychelles kickstarts Africa’s first floating solar pv project

Implementation of Africa’s first independent power producer floating solar photovoltaic (FPV) project is continuing in the Seychelles. The project, launched by the Seychelles Ministry of Environment, Energy and Climate Change and the Seychelles Energy Commission, will be the first utility-scale, private-sector funded floating solar project in Africa, and aims to support the country’s transition to renewable energy. The project is being implemented by the Government of Seychelles and the Public Utilities Corporation with the support of the African Legal Support Facility and the Clinton Foundation, with Trinity International LLP and Multiconsult Norge…

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LIMPOPO FEMALE-LED YOUTH COMPANY CLAIM THEIR SPACE IN ASPHALT INDUSTRY

Polokwane, Limpopo: For Kate Machaba, the dream of owning and running her own asphalt company came just 24 months after she qualified and started working in the civil engineering space. Machaba kick-started the journey of researching the business as far back as 2008 before putting it into traction with her now business partner and fellow civil engineer, Matshela Maloka. Today marks the official launch of their brain child, Maloka Machaba Surfacing (MM Surfacing), the largest 100% black youth-owned hot mix asphalt manufacturing company in Limpopo. This one stop surfacing outfit not…

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Apply for agricultural funding in NW

Commercial farmers, entrepreneurs and previously disadvantaged individuals, among others, living in the North West have been encouraged to apply for funding for agricultural projects. The North West Department of Agriculture and Rural Development in conjunction with the National Department of Agriculture, Land Reform and Rural Development have opened applications for financial aid for agricultural and rural development projects. The department calls on organised agriculture, including small holder and commercial farmers, entrepreneurs, previously disadvantaged individuals (youth, women and people with disabilities), traditional leaders, schools, churches, and cooperatives in the North West…

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Historic citrus shipment arrives in China

The historic shipment of 5 200 tons of citrus in a breakbulk vessel has arrived at Shanghai Port in the People’s Republic of China. The Baltic Summer reefer vessel carrying citrus from South Africa to the People’s Republic of China arrived at the Shanghai Port on 10 June 2019. The first shipment was launched on 6 May 2019 at Maydon Wharf Port in Durban. According to the Department of Agriculture, Land Reform and Rural Development, the reefer vessel was cleared upon arrival in Shanghai without any sanitary and phytosanitary challenges.…

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Barloworld Mbewu launched with R30m fund for social entrepreneurs

JOHANNESBURG – Barloworld Limited said on Thursday that it wants to bridge the gap for start-up social enterprises across South Africa and do things differently with a R30 million fund for most innovative business ideas that actively solve local challenges. The industrial conglomerate on Wednesday launched Barloworld Mbewu, a next generation approach to corporate social development geared towards scaling up social enterprises. Mbewu means seed. In an interview at Barloworld headquarters, Noluvo Ngcwabe, head of corporate social investments (CSI), said that the company’s research has found that there was a gap…

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South African Clothing and Footwear Companies to Showcase their Products at Source Africa Exhibition in Cape Town

The Department of Trade and Industry (the dti) will host South African clothing, textiles, leather and footwear companies at the Source Africa exhibition scheduled to take place in Cape Town, Western Cape from 12-14 June 2019. The companies will showcase their proudly South African made products and also participate in a series of workshops and fashion shows. Source Africa is the premier sourcing event on the African continent which brings together suppliers, manufacturers, service providers and buyers all under one roof. The exhibition also showcases products and services across all…

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New Business Founders Forum to support Africa’s entrepreneurial sector

DURBAN – The fundamentals that underpin Africa’s investment opportunity are still exceptionally strong. Africa is home to over 400 businesses with annual turnover in excess of $1 billion (R14.8bn), and as a result consumer spending across the continent – which currently totals $1.4 trillion – continues to rise with this growing population and an emergent middle class. This is according to Herman Marais, chief executive and founder of EXEO Capital, who was speaking in Cape Town at the inaugural Business Founders Forum (BFF) – a platform initiated by EXEO to provide…

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Fiat still on the lookout for merger partner. Could it be Hyundai?

Rome – In the wake of collapsed merger talks with French rival Renault, options for Italian-American carmaker Fiat-Chrysler to jump to the top tier of global automobile manufacturers are limited. Analysts said Fiat-Chrysler’s dramatic merger proposal with Renault last month had the potential to reshape the worldwide motor industry. It would have created the sector’s third largest company in terms of vehicle production and revenue, a company with a significant presence in every vehicle category and in almost every major car market. The planned “merger of equals” could have created…

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Whats SMEs should consider when applying for funding

DURBAN – SMEs who are not adequately prepared when applying for credit often develop an incorrect assumption that banks are not open to lending. Valentine Jingura, Head of Pricing at FNB Business said that the banking sector is eager to lend to SMEs as means to stimulate economic activity and broader GDP growth. As responsible financial services providers, banks are bound by a set of guidelines and principles, which prohibit reckless lending – to protect consumers and businesses. Accordingly, SMEs who seek financial assistance should familiarise themselves with the credit application…

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