MTN Nigeria, owned by South Africa’s MTN Group, on Thursday listed in Nigerian Stock Exchange (NSE) in a N2 trillion ($6.54 billion) flotation.
The listing turns the telecoms company into the exchange’s second-largest stock by market value. MTN Nigeria’s shares climbed 10 percent from their listing price of 90 naira after the float went live.
“The telecoms space accounts for a little over 9 percent of GDP so bringing in the big companies in that space is very critical for us and MTN being the largest and the market leader, this is a major listing for us,”… read more
The R880m (€55m) Houghton Hotel launched in Johannesburg on May 13, bringing another five-star* luxury brand to South Africa.
The property is a synergy of residential and hotel accommodation, situated in the heart of the city, but offering privacy that feels far removed from the busyness of urban Johannesburg.
The hotel offers seven luxury penthouses, four presidential suites, two junior suites, eight executive king rooms, and 46 king rooms. All rooms have Apple and cable TV, extended breakfast, complimentary WiFi and newspapers, with 24-hour in-room dining.… read more
CAPE TOWN – Microgrid energy systems that incorporate energy storage and renewable energy can be effectively used to address Africa’s challenges of energy access, resiliency, and cost, global power management company Eaton Africa said on Friday.
Eaton Africa said it would be highlighting its drive to provide reliable and sustainable electricity access for all during the upcoming African Utility Week conference, taking place at the Cape Town International Convention Centre (CTICC) from May 14 -16.
“Our key objective is to enable broad access to energy-efficient… read more
Diesel 0.05 percent sulphur will increase by 1c/l, while the price of diesel 0.005 percent sulphur would remain unchanged, the department said in a statement on Sunday.
The wholesale price of illuminating paraffin would increase by 3c/l and the single maximum national retail price (SMNRP) of illuminating paraffin would increase by 4c/l. The maximum retail price for LPGas would increase by 84c/kg.
In a later statement on Sunday, Energy Minister Jeff Radebe said the main reasons for the increased fuel prices were that the rand on average had strengthened slightly against… read more
Feeling powerless to make your events more sustainable? Want to make your events greener without having to ask your boss for permission or spending more money?
In her recent webinar, “5 No-Cost Ways to Green Your Events,” Julia Spangler, sustainable events consultant, offered tips for accomplishing just that, providing actions that event planners can implement right away to create more Earth-friendly events.
“Sustainable, zero-waste event planning can provide unexpected cost savings related to printing, event supplies, catering orders and more,” Spangler said in the webinar.… read more
Following on from its Little Shop and Little Garden promotions, Checkers has launched its Little Checkers collectables. For every R200 spent in store, Checkers and Checkers Hyper shoppers will receive a block pack, each containing a unit that forms part of a 35-piece mini Checkers supermarket.
The blocks come in a 100% recyclable pack and each contains one individual unit (such as a mini till, freezer, shopping cart, dairy shelf and more) as well as stickers to complete the unit and an instruction leaflet.
“Following the… read more
South Sudan and South Africa on Monday signed a six-year production-sharing agreement for an untapped exploration block in the East African country, where production has been hit by civil war.
The Exploration Production Sharing Agreement for Block B2 was signed by Ezekiel Lol Gatkuoth, South Sudan’s Minister of Petroleum and Jeff Radebe, South Africa’s Minister of Energy, a Reuters reporter at the ceremony said.
Radebe said the South Africans had committed $50 million for exploration. South Africa was also interested in building a pipeline and refinery, he… read more
One of our Shop members, Leon Nicholas, VP of retail insights and solutions at Westrock, explains the importance of POP and describe 4 big trends in the area of the retail environment.
He describes the opportunities for brands and retailers in the physical store environment based on shopper needs, and I couldn’t agree more. Enjoy the read!
4 big trends that will influence PoP strategies
By Leon Nicholas, VP of retail insights and solutions, Westrock.
Point-of-purchase will continue to be impacted by advancements in retail technology, the continued growth… read more
How difficult is it to build an airplane? According to Ian Poulton, senior finance manager with PPG Aerospace, “The coordination of an aerospace supply chain is, in a word, horrific.”
Speaking at the recent IW Manufacturing & Technology 2019 show in Pittsburgh, PA, Poulton explained that a typical airplane window has close to 100 unique components per window per plane. And every window has to be tested for impact (including birds) and temperature.
“Every day there’s a different issue that needs to be addressed,” he noted, “from human resources issues to customer deliveries… read more
Production has returned to normal at one of the UK’s largest steelworks, where two workers were injured following a large explosion.
An investigation into the cause of the incident at Tata Steel’s integrated works at Port Talbot in the early hours of Friday is under way after the outbreak of fires caused by molten metal coming into contact with cold water on a railway track.
The explosion and fire, which could be heard up to 15 miles away, lit up the nearby town in south Wales and caused residents’ houses to shake. Some feared a repeat of the tragedy in 2001 in which three men… read more