(IN BRIEF) A global survey conducted by the Technical University of Munich (TUM) and the University of Oxford revealed that the majority of social media users want content moderation to prevent harmful material, including violence and defamation. Most respondents favored … Read the full press release
Posted in Business, Education, Financial, Germany, Industrial, Investment, Management, Media, News, Science, Technology
Tagged acclimatization effect, Brazil, content moderation, defamation, digital harm, freedom of expression, Germany, global survey, government responsibility, harmful content, hate speech, individual citizens, online discourse, online safety, platform operators, social media, South Africa, Technical University of Munich, TUM, University of Oxford, USA, violence, Yannis Theocharis
(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News, Technology
Tagged advertising, AI, Alex Thomson, automation, BlueOrchard, claims processing, DEG, digital insurance platform, digitalization, economic growth, equity capital, financial inclusion, Financial Transformation, Hollard, IFC, insurance model, InsureTech, insurtech, market expansion, Monika Beck, Naked, partnership, product expansion, South Africa, sustainability, technology platform, Yellowwoods
(IN BRIEF) Mutares SE & Co. KGaA has acquired S.M.A. Metalltechnik GmbH & Co. KG, a company specializing in the manufacturing of impermeable aluminium pipes for automotive cooling applications. This acquisition will strengthen SFC Group’s capabilities in climate control and … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Small Business, Technology
Tagged 1500 employees, acquisition, aluminium pipes, automotive applications, automotive customers, automotive industry, Backnang, CHINA, climate control, cooling media, customer base, EUR 160 million, fluid transfer systems, fluid transfer systems market, Germany, lightweight fluid products, Mutares SE & Co. KGaA, partnership, product offering, Romania, S.M.A. Metalltechnik GmbH & Co. KG, sealing solutions, SFC Group, South Africa, strategic expansion, sustainability, Thermal Management
(IN BRIEF) Novo Nordisk has launched the Childhood Obesity Prevention Initiative, aimed at combating rising obesity rates among children in underserved urban communities across six cities worldwide. Backed by an investment of over 250 million Danish kroner and a coalition … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Brazil, CANADA, France, Global Childhood Obesity Initiative, Healthier Urban Communities, Japan, Katrine DiBona, Novo Nordisk, partnership, South Africa, Spain, sustainability, wellbeing
(IN BRIEF) Standard Chartered has officially launched its Sustainable Finance variants of Borrowing Base Trade Loans (BBTL), enhancing its suite of Sustainable Trade Finance solutions to support the decarbonization of the commodities sector. This innovative financing option will be accessible … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, News, Technology, United Kingdom
Tagged Borrowing Base Trade Loans (BBTL), Finance Options, Hong Kong, partnership, Singapore, Sofia Hammoucha, South Africa, Standard Chartered, sustainability, the UK, UAE, United States
(IN BRIEF) UEA will host an art exhibition from 30 September to 18 October, showcasing works by South African artist Norman Kaplan, who used his art to protest apartheid. The exhibition, featuring Kaplan’s linocuts and cartoons, will mark the 30th … Read the full press release
Posted in Art & Culture, Business, Education, Financial, Government, Industrial, Investment, Management, Media, News, Society, United Kingdom
Tagged Apartheid, art exhibition, Caroline Kamana, Dr. Nicholas Grant, Norman Kaplan, South Africa, UEA
(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged African Clean Energy Developments (ACED), Khangela Emoyeni Wind Farm, Novani Ganess-Johnson, partnership, Sam Cook, South Africa, sustainability, Vestas, wind turbine
(IN BRIEF) Rheinmetall is acquiring a majority stake in Resonant Holdings (Pty) Ltd, a South African specialist in plant engineering for chemical applications, by securing 51% ownership in a new joint venture, Rheinmetall Resonant South Africa. This move aims to … Read the full press release
Posted in Business, Chemicals, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, partnership, Resonant Holdings, Rheinmetall, South Africa
(IN BRIEF) TotalEnergies is withdrawing from South Africa’s offshore Block 11B/12B and Block 5/6/7 due to economic viability challenges, following the exit of partner CNRI. Despite significant gas discoveries in Block 11B/12B, the company decided it is not feasible to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Offshore Blocks, partnership, South Africa, TotalEnergies, Withdrawal
(IN BRIEF) Kumba Iron Ore Limited, a subsidiary of Anglo American plc, has announced that its Sishen and Kolomela mines in South Africa have attained the Initiative for Responsible Mining Assurance’s (IRMA) IRMA 75 level of performance. This achievement underscores … Read the full press release
Posted in Awards, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged Aimee Boulanger, Anglo American, Awards, IRMA 75 Performance Level, Kolomela, Kumba Iron Ore, mining, Mpumi Zikalala, Sishen, South Africa, sustainability, Themba Mkhwanazi
(IN BRIEF) ASSA ABLOY, a global security solutions provider, is set to acquire Amecor (Pty) Ltd, a South African manufacturer specializing in security communication equipment. The acquisition aims to strengthen ASSA ABLOY’s presence in the South African security market and … Read the full press release
(IN BRIEF) TotalEnergies has revealed its strategy to divest non-core assets by signing an agreement to sell its 36.36% minority stake in the National Petroleum Refiners of South Africa (Natref) to the Prax Group. The Natref refinery, situated in Sasolburg, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Government, Industrial, Investment, Management, News
Tagged divest, Jean-Pierre Sbraire, Minority Stake, Natref Refinery, partnership, Prax Group, South Africa, sustainability, TotalEnergies
(IN BRIEF) Vodacom and Eskom have signed a pioneering Virtual Wheeling agreement in South Africa to address the country’s energy crisis. Load shedding, planned power cuts by Eskom due to high demand, has disrupted daily life and telecom services. Vodacom … Read the full press release
(IN BRIEF) Prof Maren Duvendack, a Professor of Evaluation in Economics at the University of East Anglia (UEA), is embarking on an 8,000 km sailing journey from South Africa to Australia as part of the Clipper Round the World race. … Read the full press release
Posted in Business, Education, Financial, Industrial, Management, Media, News, Non Profit, United Kingdom
Tagged Australia, charity, Clipper Round the World race, fundraising, Prof Maren Duvendack, South Africa, UEA, UNICEF
(IN BRIEF) Global visualization technology leader Barco has forged a strategic partnership with DWR Distribution, a respected distributor in South Africa’s audiovisual and entertainment sectors. This collaboration designates DWR Distribution as an official agent for Barco’s innovative solutions within the … Read the full press release
Posted in Belgium, Business, Entertainment, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged Abdulghani Hejazi, audiovisual Market, Barco, DWR Distribution, partnership, Robert Izzett, South Africa, sustainability
(IN BRIEF) MAN Truck & Bus has achieved a significant milestone in urban transit with the handover of the first all-electric complete bus in Cape Town. Unlike its usual practice of offering chassis globally and assembling complete buses locally, MAN … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alexander Vlaskamp, Barbaros Oktay, Cape Town, electric bus, emission-free, Jan Aichinger, Lion's Chassis E, MAN Truck & Bus, partnership, South Africa, sustainability, Urban Transit
(IN BRIEF) BevZero, a major player in the non-alcoholic beverage industry, is set to launch an advanced mobile flash pasteurization unit at its South African facility in Q4 2023. The unit, a TMCI PADOVAN, will enhance the safety and longevity … Read the full press release
Posted in Business, Food & Beverage, Industrial, News, Spain, Technology
Tagged BevZero, Flash Pasteurization, Gustav Fouche, Jerome Eckert-Nathan, Micro stability, mobile flash pasteurization unit, non-alcoholic beverage, non-alcoholic beverages, pasteurization unit, Renee Timmons, South Africa, TMCI PADOVAN
(IN BRIEF) Vodacom has introduced eSIM support for all smartphone plans, enabling customers in South Africa to benefit from the convenience and flexibility of eSIM technology. With eSIMs, users can easily connect to the Vodacom network and have multiple eSIMs … Read the full press release
Posted in Business, Environment, Industrial, Management, News, Technology, Telecom, United Kingdom
Tagged connectivity, Davide Tacchino, eco-friendly, eSIM, Rishaad Tayob, South Africa, sustainability, Vodacom, Vodafone Group
(IN BRIEF) ANDRITZ has been awarded a contract by Mpact Operations to upgrade the pulping line at the Mkhondo Paper Mill in South Africa. The upgrade will increase the line’s capacity and improve product strength to meet the demand for … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, Brian Smith, Mkhondo Paper Mill, Mpact Operations, Mpumalanga, pulping line, South Africa
(IN BRIEF) Rheinmetall has begun constructing a solar park at its site in Somerset West, South Africa. The solar park, fully funded by Rheinmetall, is expected to be operational by year-end. The initiative aims to reduce the company’s environmental impact … Read the full press release
Posted in Defence, Energy, Gas & Oil, Environment, Germany, Industrial, Investment, Technology
Tagged AC electricity, Alan Winde, Armin Papperger, Denel, Genergy, Green Energy, Jan-Patrick Helmsen, RDM, Rheinmetall, Rheinmetall Denel Munition, Rheinmetall Waffe und Munition GmbH, solar park, Somerset West, South Africa, Terrence Billson
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