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,
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
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
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
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
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
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
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
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
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