CONGO-BRAZZVILLE’S state-owned oil refinery (CORAF) has resumed production after a halt of almost four years due to delayed repairs, officials said on Thursday. The plant in the Central African country’s oil centre of Pointe-Noire is now refining 75 tons of crude an hour. The plant has a capacity of one million tons a year, but […]
OWN CORRESPONDENT, Johannesburg | Wednesday 7.00pm STATE arms manufacturer Denel announced on Wednesday it has signed a tri-party agreement to become a strategic supply partner to BAE Systems — one of the world’s largest aerospace and defence companies — and Saab, northern Europe’s leading high-technology company. The agreement has the potential to generate more than […]
DIMENSION Data Holding (Didata) on Thursday announced that it is set to capture at least 15% of the networking market in the New England region of the United States. The deal sees Dimension Data take control of Data Comm Systems (DCS) Incorporated, a Boston-based company with an annual turnover of R200-million. This follows its acquisition […]
GOLD producer Durban Roodepoort Deep said on Thursday it is closely monitoring a cyanide spill in Papua New Guinea that involved its Australian takeover target Dome Resources. Johannesburg-based DRD owns 19,9% of Dome and is currently bidding for the remaining 80,1% it does not already own. A crate of deadly sodium cyanide pellets, suspended below […]
OWN CORRESPONDENT, Johannesburg | Thursday 5.00pm. THE JSE continued its gains on Thursday, with a strong showing in the IT, financial and industrial sectors, finishing the day 0,71% or 57 points up. Dimension Data, which posted the most active shares by value on the day, had added R2,30 to its share price by midday. At […]
RAW sewerage flowing into Lake Victoria is threatening the health of 30-million people in East Africa. The British Airways Travel Clinic says travellers to the region should be extremely careful with the food and water they consume. Sewerage dumping increases the danger of cholera, typhoid and dysentery epidemics. The European Union banned the import of […]
ALL Black and Hurricanes winger Jonah Lomu will return to the side in time for the Super 12 clash against the Auckland Blues on March 31. Lomu was sidelined after he broke the ring finger of his left hand in the match against the Reds in New Plymouth on March 4. It was hoped that […]
ELLIS MNYANDU, Cape Town | Thursday 6.40pm THE Western Cape property market outperformed the rest of the country, with Cape Town property prices rising by 4,6% in real terms on an annual basis last year, while in the rest of the country they stood steady. According to Rode & Associates — a Cape-based property valuers […]
TWO main leaders of Uganda’s suicide doomsday cult left their compound before hundreds of members died there and are now at large, a witness told Thursday’s daily New Vision Newspaper. ”Cult leaders Joseph Kibwetere and Credonia Mwerinde prayed for us on Thursday night and then they left the camp. They did not attend the early […]
OWN CORRESPONDENT, Durban | Thursday 6.45pm SHARES in Iscor moved sharply higher on Thursday after the integrated metals and minerals group announced that it would go ahead with its long-awaited heavy mineral sands project. Iscor said late on Wednesday that it will go ahead in April with a long-awaited R1,9-billion project to mine and process […]