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Indian investment in Mozambique aims to reduce logistics cost for coal miners

Indian investment in Mozambique aims to reduce logistics cost for coal miners

India’s Essar Group, which operates Indian ports handling 82 million tons per annum (mtpa) with expansion to 110 mtpa in the near future, will be investing $440 million in creating a New Coal Terminal at Beira Mozambique, Captain Tej Nargundkar,

6th Feb 2018 Investment, Mining, News, Transport Read more

Vedanta to hunt for oil off South Africa’s west coast

Vedanta to hunt for oil off South Africa’s west coast

Vedanta Resources would search for oil off SA’s west coast as it confirmed its interest in the country’s mineral wealth, said chairman Anil Agarwal, who, as Anglo American’s largest shareholder, is urging the London-based company to remain true to its

6th Feb 2018 Investment, Mining, News Read more

Coal prices are set to decline in the next two years

Coal prices are set to decline in the next two years

The coal price rally is expected to be derailed over the next two years amid expectations that China and India, the world’s two biggest consumers of the energy source, were likely to address domestic issues that have facilitated the strength

30th Jan 201830th Jan 2018 Mining, News Read more

Surat traders to get diamonds directly from South Africa

Surat traders to get diamonds directly from South Africa

Surat Diamond Association (SEA) has signed a Memorandum of Understanding (MoU) with South African government in Johannesburg to start a direct trade of rough diamonds from the country. As per the MoU, rough diamonds from the mines of South Africa

25th Nov 2017 Investment, Mining, News Read more

Uflex engineers a retortable spouted stand-up pouch for cold beverages

Uflex engineers a retortable spouted stand-up pouch for cold beverages

Some three months ago Jo’s- a leading snacks brand in North India that also happens to be an existing client of Uflex approached the company for developing flexible packaging solution for its new range of cold beverages. The brief from

22nd Nov 2017 Agriculture, Food Processing, News, Retail Read more

eZee Technosys launches eZee Ultimate, a free-to-use hospitality solutions in South Africa

eZee Technosys launches eZee Ultimate, a free-to-use hospitality solutions in South Africa

Modern hoteliers require more than just a hotel management software to solve modern challenges, automate all tasks and manage operations efficiently. A package of solutions by eZee gives hoteliers everything at one place leading to enriched guest experience. In old

15th Nov 201717th Nov 2017 Hospitality, News, Technology Read more

Barcelos to add new restaurants in India

Barcelos to add new restaurants in India

South African restaurants chain Barcelos is planning to add up to 20 more outlets in India by the end of 2019 as part of its expansion plans, a senior company official said. The company has five restaurants in cities such

12th Nov 2017 Food Processing, Hospitality, News, Retail Read more

South Africa based Chicken Xpress to partner with Franchise India

South Africa based Chicken Xpress to partner with Franchise India

Chicken Xpress, the South Africa-based food company, is partnering with Franchise India to open 500 stores across India over the next five years through the franchise model. The food company is investing Rs. 100 crore to create its presence in

7th Nov 2017 Food Processing, Hospitality, News, Retail Read more

India and South Africa partner on the Square Kilometre Array (SKA)

India and South Africa partner on the Square Kilometre Array (SKA)

India and South Africa have decided to expand their foot-print in the realm of stars underpinned by strong historical ties dating back to over 100 years. Bolstering 20 years of strategic partnership between both sides, India is participating in the

7th Nov 2017 News, Technology Read more

Centrum Capital acquires FirstRand’s microfinance operations

Centrum Capital acquires FirstRand’s microfinance operations

Centrum Capital is acquiring FirstRand Bank’s (FRB’s) microfinance business. The move is part of Centrum’s strategy to boost lending operations focused on retail and small & medium enterprises (SMEs). The acquisition will help the non-banking finance company Centrum, which has

1st Nov 20171st Nov 2017 Banking, Investment, News Read more
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