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News in brief
  • US aluminum producer Alcoa, has signed a memorandum of understanding with the government of Angola to explore development of a 750 000 tpa smelter. The aluminum smelter could use power from hydroelectric facilities under consideration by the government, and both sides will begin a series of feasibility studies to determine the viability of the project.
  • Leading mining and exploration software provider Micromine continues to display strong signs of financial growth within the local African market and internationally. This can be attributed to increased investor confidence in a market which is steadily recovering from the global economic downturn. CEO Kevin Fitzpatrick notes that the company's worldwide revenue base has risen by 50% in the past financial year. He credits this substantial growth to the company's proactive approach to meeting clients' needs and improvements in the market.
  • The Southern African Association for Energy Efficiency (SAEE) has done the country proud by scooping the International Best Overall Chapter Performance Award. The award was presented by the US-based Association of Energy Engineers (AEE), of which the SAEE is one of 70 chapters.
  • The world's largest privately-held software company is celebrating 35 years of continuous revenue, customer and employee growth. From humble beginnings at North Carolina State University in 1976 to a 900-acre collegiate-style campus and more than 400 global offices, SAS, a leader in business analytics software and services, has turned 35.
  • State freight logistics group Transnet has brought forward R6.1-billion worth of capex previously earmarked for the tail-end of its five-year rolling budget into the next two years in a bid to improve rail and port efficiencies.
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