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Awards focus on development of designers
 Published: 28 Jun 24
By focusing on sustainability, innovation and comprehensive industry exposure, diamond miner De Beers’ Shining Light Awards is evolving to meet the changing needs of the jewellery industry to recognise and support talented youth and as a means of boosting their careers. The competition, established in 1996, has become a key platform for discovering and nurturing young jewellery design and innovation talent, says De Beers beneficiation manager Kagiso Fredericks.
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Electric shovels receive 50 000-hour service
Published: 28 Jun 24
A 50 000-hour component replacement project on one of the large electric rope shovels owned and operated by original-equipment manufacturer (OEM) Barloworld Equipment (BWE) Botswana is going to plan, with recommissioning of the equipment expected in September 2024. The project is being undertaken by diamond producer Debswana which employs Bucyrus electric rope shovels of the 212 model at its Jwaneng operation, for which BWE Botswana provides parts and maintenance services.
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Yes, there are problems at SA ports, but World Bank report not entirely accurate – SAAFF
Published: 28 Jun 24
The newest World Bank Container Port Performance Index (CPPI) report, which places a number of South African ports at the bottom of the list, covers the crisis-ridden 2023 period, and does not take into account the corrective action taken since Transnet has been under new management as part of a recovery and transformation strategy, says Southern African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree. “To contextualise, this was a period at the height of the crisis.
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Cape Town calls for private-sector intervention as port ranks worst in the world
Published: 28 Jun 24
According to the newly published World Bank Container Port Performance Index, compiled from 2023 data, the Port of Cape Town is the worst performing port in the world. It is joined in the bottom 16 of the 405-strong list of container ports by Durban, Ngqura and Port Elizabeth (Transnet still refers to the port by this name).
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Despite big obstacles, AfCFTA viewed as key to weaving new trade and industrial tapestry
Published: 28 Jun 24
In the grand tapestry of international commerce, Africa’s 55 nations have stood as individual threads rather than a unified fabric of economic opportunity. But a new era of collaboration being ushered in by the African Continental Free Trade Area (AfCFTA) Agreement promises to harness the continent’s vast potential and foster economic prosperity for its people. Launched in 2021, this African Union (AU) treaty aims to integrate the country’s economies through facilitating the easy, cheap flow of goods and services. Coupled with complementary measures such as the adoption of open visa policies, this will create a megamarket of 1.3-billion people, which, according to United Nations (UN) projections, will increase to about 2.5-billion people by 2050, with a corresponding surge in business and consumer spending from close to $3-trillion currently to about $16.12-trillion.
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