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The South African formal business sector1 generated R2,57 trillion in turnover in the fourth quarter of 2018. This translates to about R323 600 generated every second from October 2018 to December 2018. The R2,57 trillion was 5,5% more than the R2,44 trillion generated in the third quarter (July 2018 to September 2018). This follows a rise of 3,6% in the third quarter and 2,2% in the second quarter. Industries: The 5,5% rise in the fourth quarter was mostly underpinned by inc

Many South African stocks has seen great interest in 2018 following changes to the political landscape. The JSE has seen many investors return, and a general increased optimism surrounding the South African economy. Rukayat Yusuf, economist for Sub-Saharan Africa, expects economic growth in South Africa to improve to 1.8% in 2018 and 2% in 2019. “We have experienced exciting changes in South Africa that only three months ago did not seem possible,” says Roger Williams from Ce

The African Development Bank (AfDB) will roll out mega projects in Zambia, focusing on 4 key areas. The areas include expansion of the Mpulungu Harbour, development of the Lusuwishi Farming Block, stimulation and scale up of Water Resources Management Projects and institutional support towards fiscal consolidation. According to AfDB Country Manager Mary Manneko Monyau, Zambia is an incredibly important partner as the country has the largest investment portfolio for the Bank i

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Tanzania’s Bagamoyo Port: US$10 billion Construction underway Tanzania started construction work on a new $10 billion port aimed at transforming the country into the regional trade and transport hubby capitalising on growth and seeking to exploit new oil and gas discoveries. The project is backed by China and Oman and marks the most significant event in Tanzania-China relations over the past four decades. It is expected to take ten years to complete, although the number of ph

Last week we published an article outlining Akon’s involvement in bringing Solar Power to Africa, click HERE. If you didn’t know, Akon is on a mission to improve Africa! Through his company (with company co founders Thione Niang and Samba Bathily) “Akon Lighting Africa” he started by building a primary school in Senegal, starting a charity organistion, owning a mine in South Africa, and now, he is also looking to bring power to rural homes throughout Africa! I found 2 amazing

The Cement industry in Africa is breaking new boundaries in Nigeria, Tanzania and now Ethiopia. With Aliko Dangote – the richest man in Africa – paving the way (pun intended) for Africa’s Cement Industry, we are destined to see new grounds being broken as he pushes for million dollar deals for production in West and East Africa. What is Cement? Cement is a substance that sets and hardens and can bind other materials together. Cement is made from crushed rock with burnt lime a

Aliko Dangote is the owner of the Dangote Group – Africa’s largest industrial conglomerate – and recently he has announced that his company will be forming a Joint Venture (JV), a multi-million dollar deal, with the Italian construction giant, Saipem! Together, the JV will form “Saipem-Dangote Engineering and Construction (E&C).” According to the Dangote Group’s Group Executive Director, Devakumar Edwin, the aim and overall outcome for the partnership, is for the new company

Good day. We have a number of job opportunities in Africa that we would like you to apply for or share with your networks. We have taken four priority jobs in Africa, from the Consultants within each Division at the CA Global Group and detailed it below: Featured Job: Engineering Hydrology Engineer (Expat Job opportunity) This is an Expat opportunity, based in Riyadh,Saudi Arabia! Our client is looking for someone who specialises in planning and designing new water systems, a

Responsibilities: Head, manage and supervise a team of Project Control Engineers and Planners Follow up and implement the established project controls processes Prepare and manage the schedule of works Manage the contract scope including any claims and variations Assist in the procurement of project materials and subcontractors Requirements: Bachelor degree in Civil / Mechanical Engineering Postgraduate degree in a relevant discipline would be desirable Minimum 10 years’ expe

To apply for any of the following Engineering jobs, send your CV to ish@caglobalint.com with the job name as the subject liner. Alternatively, you can click on the Engineering jobs you want to directly apply for. Senior Project Manager | South Africa With interests in various engineering sectors such as automation and control, aerospace and defense, energy efficiency and safety, one of our Engineering clients is currently seeking a Senior Project Manager. Apply here: http://b

Do the terms Sales Management, Construction, Building, Civil Construction, Portuguese, Sales Engineering, Oil and Gas, Mining and Housing sound familiar to you? Do you think you are our next Sales Manager? Sales Manager Responsibilities The Sales Manager for this role will be responsible for all regional sales operations which would entail working on existing leads, development of new leads as well as regional business expansion. The right candidate will need to ensure that a

When South Sudan became independent from Sudan in 2011 after four decades of civil war, it took 75% of the oil reserves of Sudan. Sudan retained the Chinese-built pipeline infrastructure, refineries and export terminal at Port Sudan on the Red Sea. With this said, an amazing implication of East Africa‘s energy BOOM is that South Sudan will no longer have to rely on Sudan for oil, which accounts for over 90% of government revenue. China’s role in East Africa will too change. S