New carbide inserts for productive and efficient steel turning

  ~ Sandvik Coromant carbide grades offer greatly extended tool-life and more reliable performance ~     Sandvik Coromant is upgrading its range of turning inserts for machining ISO-P steels. The tooling specialist has launched two new carbide grades that are designed for external and internal machining of low-alloyed and unalloyed steels. The new inserts, called GC4415 and GC4425, deliver increased toughness, heat resistance and predictable wear.   GC4415 and GC4425 are ideal for manufacturers operating in mass and batch production set-ups machining low alloyed (P 2.1 to 2.6) and…

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Government pledges support for Mozambique gas projects

  South Africa has reiterated its commitment to assist the Mozambican government to advantage of its gas booming market. Trade, Industry and Competition Deputy Minister Nomalungelo Gina said government would bolster bilateral relations between the two countries for the betterment and prosperous Africa. The Deputy Minister was speaking during a South Africa and Mozambique virtual trade and investment seminar under the ‘Developing Afrocentric Solutions and Forging Partnership in Response to COVID-19’ theme. “South Africa is one of Mozambique’s great and major trading partner and is also a major investor in…

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Positioning Women as the ‘Engine of Growth’ in the Oil and Gas Industry

  The ‘Women in Energy’ webinar, which was co-hosted by Africa Oil & Power (www.AfricaOilAndPower.com) and the African Energy Chamber on Thursday identified education, gender bias and access to capital as key inhibitors to proportionate female representation within the oil and gas industry; a recent McKinsey study places female industry participation at just 15%; the webinar served as part of the ‘Women in Energy’ series and #EqualBy30 initiative, which centers on driving female participation in the global transition to clean energy future.   The ‘Women in Energy’ webinar hosted by Africa…

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Small growers reach out to consumers to close a big gap

 Rooftop farmer Frolinah Malazah and her daughter in Joburg’s Berea. (Photo: Marie-Lais Emond) The abundantly productive small farmer and the hungrily keen consumer. How come they don’t meet? While we’ve been convinced that small businesses can play giant roles in our economy, in this agri sector, they can’t. Not as things stand. I’m vaguely reminded of that old economics “on the one hand” thing when I hold out one hand and say, “So here are the small farmers, growing crops against all the odds, producing munificently, maybe a bit too…

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Total warns of risks posed by Islamic State in Mozambique

  Total SE Chief Executive Officer Patrick Pouyanne called on European nations to help Mozambique fight an insurgency, backed by Islamic State, in part of the East African nation where the energy company is developing a natural gas project. For more than a month, militants have occupied a town about 60 kilometres (37 miles) south of where a group led by Total plan to spend $20 billion to extract gas from below the ocean and export it to European and Asian customers. The violence, including alleged human rights violations by security…

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Enhancing agricultural development and technology transfer through a revitalised extension system

  By Thulasizwe Mkhabela JOHANNESBURG – Governments have scaled down their direct involvement in agricultural extension. In developed countries, extension services – often dubbed advisory services – have largely been privatised and farmers have to pay to access it. In South Africa, there is a general consensus that the system has declined or at worst collapsed. Researchers have also noticed the declining value that publicly provided agricultural extension services have contributed to the sector and this has manifested itself in the burgeoning literature on farmers’ willingness to pay for extension…

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PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic

  INTERNATIONAL – PepsiCo forecast full-year profit above market expectations on Thursday after a rebound in soda sales and increased demand for the company’s snacks during the Covid-19 crisis helped drive quarterly sales higher. The packaged food company beat revenue and profit estimates for the third quarter, sending its shares up 2 percent in premarket trading. People spending more time working from home and taking online classes has led to a rise in demand for salty snacks, boosting demand for PepsiCo’s Tostitos, Cheetos and Doritos from households across North America.…

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A landmark Premier Fishing empowerment deal

  CAPE TOWN – Premier Fishing SA (PFSA), a division of JSE listed Group Premier Fishing and Brands Limited, one of the largest black-owned, managed and fully transformed fishing companies in South Africa is issuing shares to its 900 employees. In one of the largest transactions of its kind in the country and the fishing sector, PFSA will be transferring 30percent of the company shares in a vendor financed transaction of which 20percent would be attributed to an employee share trust and 10percent to a BEE consortium through a special…

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SA agreement with South East Asian bloc opens up a host of opportunities

    South Africa is in the process of acceding to the Treaty of Amity of the Association of South East Asian Nations (ASEAN), the fifth-largest economy in the world. The potential for future trade, investment and a host of other cooperation agreements is exciting. Few regions in the world offer such promise and potential for the future of South Africa’s international relations as the region comprising the members of the Association of South East Asian Nations (ASEAN). From large consumer markets, dynamic trade and investment opportunities to a successful…

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SA’s business dexterity on full display during Covid-19

  Continuing review of facets of the operating model to meet the new realities of doing things is necessary to assure business agility 01 OCTOBER 2020 – 18:24 SEELAN GOBALSAMY Picture: 123RF/nightunter Bringing together the best innovation, continuous improvement and considerable intellectual capital has always differentiated leaders in the chemical business. This reality has, however, been brought into clearer — and more urgent — focus as a result of the global pandemic. There are many examples of businesses that have been rewarded for their investments in research and development, both in…

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