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Alstom pitching integrated tram system to SA municipalities Alstom pitching integrated tram system to SA municipalities
Published: 23 Mar 18
French multinational company Alstom is in talks with various municipalities around South Africa on an integrated tramline system, using Alstom-developed SRS technology. Speaking to Engineering News Online during a tour of Alstom’s tram manufacturing facility in Reims, France, last week, Alstom tramway system director Jean Francois Blanc said that Alstom visited South Africa in December and gave presentations to municipalities in Johannesburg, Pretoria, Durban and Cape Town.
Caffeluxe admits to fixing coffee capsule prices
Published: 23 Mar 18
Sweet River Trading, which trades as Caffeluxe, has admitted to fixing the prices of coffee capsules to retail customers. The complaint, which was initiated in July 2015, relates to a discount offered by international coffee specialist Global Coffee Export in Checkers stores in 2014, where Caffeluxe threatened not to supply Global Coffee with capsules unless it increased its price to the agreed shelf price.
Beowulf releases Finland graphite drilling results Beowulf releases Finland graphite drilling results
Published: 23 Mar 18
Aim-listed exploration and development company Beowulf on Friday announced the preliminary drilling results for its latest drilling campaign at its Aitolampi graphite project in Finland.
R10m Union stadium upgrade nearing completion – JDA
Published: 23 Mar 18
The Johannesburg Development Agency (JDA) will complete a R10-million upgrade of the Union stadium, in Westbury, this year in a project that the City of Johannesburg reports has already significantly improved the precinct through the knock-on impact of creating jobs and attracting private sector investment.
Gabon to revise hydrocarbons law to attract investment – oil ministry
Published: 23 Mar 18
Gabon plans to revise its hydrocarbons law to attract new investment, the oil ministry said on Thursday. Under the current legal framework, the Gabonese state holds a minimum 20% stake in oil projects. The state oil company has the right to a stake of up to 15%.
Rio Tinto sees iron-ore market staying balanced through 2019 – exec
Published: 23 Mar 18
Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world's biggest steel consumer, a senior executive said on Friday. "I think the iron-ore market is pretty well balanced...We don't see remarkable change in supply and demand balance through 2019," Chris Salisbury, CE for iron-ore at Rio Tinto, told Reuters in an interview.
Norsk Hydro sees limited effect from US aluminium tariffs
Published: 23 Mar 18
Norwegian aluminum-maker Norsk Hydro on Friday said the new US toll barriers on aluminium would have a very limited direct effect on the firm. "From a Norwegian perspective, this will have a very limited effect on us", said Hydro spokesman Halvor Molland, adding that Hydro had "some exports" to the US, but mainly from Germany and from the Middle East.
IoT security spending set to increase in 2018
Published: 23 Mar 18
Research and advisory multinational Gartner forecasts that worldwide spending on Internet of Things (IoT) security will reach $1.5-billion in 2018, a 28% increase from 2017’s spending of $1.2-billion. Spending on IoT security is increasing, and a survey has revealed that one in five organisations has observed at least one IoT-based attack in the past three years, Gartner research director Ruggero Contu said in a statement on Friday.
 BMW to push EV range to 700 km, 12 new EVs set for launch by 2025 BMW to push EV range to 700 km, 12 new EVs set for launch by 2025
Published: 23 Mar 18
Powered by the fifth generation of battery and drivetrain technology, from 2021, BMW will be able to offer all-electric vehicles (EVs) with a range of up to 700 km, and plug-in hybrids with an electrical range of up to 100 km, the German car maker said this week as it released its annual financial results in Munich. This would be more than double the range currently on offer in most electric vehicles.
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