INDUSTRY NEWS

Independent power producer Building Energy recently inaugurated the 10 MW Tororo solar plant – its first photovoltaic (PV) system in Uganda and one of the largest solar PV plants in Eastern Africa. Building Energy was responsible for the development of the project, arranging the financing, as well as the construction and commissioning of the plant.
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Iraqi on Monday forces captured the headquarters for the North Oil Company, northwest of Kirkuk, and a nearby refinery from Kurdish forces, without fighting, an Iraqi oil official said. Iraq forces moved into the premises of Iraqi state-owned North Oil after taking the nearby K1 airbase, the Kirkuk-based official told Reuters. They were also deploying in the nearby Baba Gurgur field and the North Oil refinery.
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South Africa’s MeerKAT radio telescope array, although still under construction, has successfully participated in an unprecedented international collaboration that has opened a new era in astronomy. For the first time, a major astronomical event – the collision of two neutron stars – has been observed in both the electromagnetic spectrum and by gravity waves. The US Laser Interferometer Gravitational Wave Observatory (Ligo), which is composed of two sets of detectors, at Hanford in Washington state and at Livingston, Louisiana, detected a gravitational wave source (designated GW170817) on August 17. Almost immediately afterwards, the same wave was detected by the six-country European...
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Unless South Africa starts exploring again and finds new ore deposits, the country will continue to turn out the lights of the mining sector. With poor policy added, disinvestment and lack of interest will ultimately stop South Africa’s mining industry in its tracks, which will deal a colossal blow to the South African economy.
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The motives behind government’s failure to act in the national interest should be questioned as it undermines trust and service delivery in South Africa, Cas Coovadia, managing director of the Banking Association of South Africa (BASA), said on Monday. Coovadia in a statement called on Finance Minister Malusi Gigaba to show leadership and use the tabling of the medium-term budget policy statement (MTBPS), also called the mini budget, on October 25 as an opportunity to fill the void and acknowledge the leadership crisis.
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Lizette Lynch has resigned as CEO of JSE-listed Rolfes and will be succeeded by current acting CFO Richard Buttle. The process of appointing a new permanent CFO has commenced. Buttle will retain the role of acting group CFO while a suitable successor is identified.
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INYATSI IN THE PRESS

Big business can help small entrepreneurs excel Print

According to the ANC policy document on activating small businesses...

Win a R150 000 bursary with Inyatsi Construction | Kaya FM Gauteng

Win a R150 000 bursary with Inyatsi Construction | Kaya...