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,
Hyundai Motor India to export next gen Verna to South Africa
Hyundai Motor India (HMIL) on Tuesday said it has received a record initial export order of 10,501 units for the Next Gen Verna from the West Asian market. The Next Gen Verna will also be exported to South Africa, other
Escorts to roll out an electric tractor concept
Escorts has just rolled out an electric tractor concept as part of its recently launched New Escorts Tractor Series (NETS) platform. “We will enable farmers globally to produce more with mechanised farming products and solutions,”said Escorts MD Nikhil Nanda. “Escorts
Maersk Line and Safmarine organize Africa Nite event in Mumbai
Maersk Line and Safmarine auctioned the container freight on their trade routes to West, East and South Africa during their recent customer event ’Africa Nite’, held in Mumbai. ’Africa Nite’ is a testament of the company’s focussed efforts to enable
Qatar Waives Visa For 80 Countries, Including India and South Africa
Qatar announced on Wednesday a programme to allow visa-free entry for citizens of 80 countries to encourage air transport and tourism amid a two-month boycott imposed on the Gulf state by its neighbours. Nationals from dozens of countries in Europe
Naspers scouts for buyers to exit travel boutique online
South Africa-based Internet and media group Naspers is looking to exit a five-year old investment it made in B2B travel platform Travel Boutique Online (TBO), people directly familiar with the matter said. Naspers is said to have approached online travel
Financial Planning
In a recent survey conducted by India Connect it was found that the challenges faced by Indian Companies in South Africa mostly related to administrative issues such as short term insurance and matters involving staff benefits such as medical aid. Some
India and Japan propose Asia-Africa sea corridor
Prime Minister Narendra Modi made the pitch for developing an Asia-Africa Growth Corridor (AAGC), with support from Japan, while addressing the annual general meeting of the African Development Bank (AfDB) in Gujarat’s capital of Gandhinagar last Tuesday, May 23. The
CMA CGM launches a second service between India, Middle East and Africa
CMA CGM, a leading worldwide shipping group, is pleased to announce the launch, on May 23, 2017, of a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. The CMA CGM Group is