Australian-listed Invictus Energy Ltd IVZ.AX has started drilling one of two exploration wells for oil and gas in the northern part of Zimbabwe, Reuters reported on Monday. The 3.5 kilometre (2.17 miles) deep well, situated in the Muzarabani-Mbire area, is part of the Cabora Bassa project in Zimbabwe, which is 80% owned and operated by Invictus through…
Global cybersecurity and digital privacy company Kaspersky says as cyberattacks on pipelines, water pumping stations and manufacturing plants hit the news, customers and investors are growing more aware of the need for organisations to take responsibility for the protection of their potential cyber vulnerabilities. Cybercrime can have a significant impact on businesses, and cybersecurity…
The Economic Commission for Africa (ECA) and Standard Bank Group, with the support of the Arab Bank for Economic Development in Africa (BADEA), the Motor Industry Retirement Funds (MIRF) and Copartes Pension Fund and the African Union Commission (AUC), have announced the African Women Impact Fund (AWIF) Initiative’s achievement of its first commitment of USD$60 million. The announcement was made at…
Inpixon, the Indoor Intelligence company, Monday announced a collaboration agreement with Schauenburg Systems, an original-equipment manufacturer of mine safety systems and equipment, to sell Inpixon’s real-time location technologies to mining companies in South Africa. Under the agreement the parties will aim to achieve sales of hundreds of thousands of nanoLOC chips and other core technologies…
Deloitte Africa has appointed Jayne Mammatt and Jyoti Vallabh, two renowned sustainability and climate change specialists, in its Audit & Assurance division. Both women will join the firm as Partners – forming part of Deloitte’s effort to help clients to develop, execute and report on their Environmental, Social and Governance (ESG) initiatives. This includes the…
Dubai Investment Fund (DIF), one of world’s largest global independent investment funds and asset manager, that effectively manages financial resources through diversification into new asset classes, today announced the creation of ESG Investment Department. “Investing in areas, that will bring not only profits, but also long-term benefits for the whole community is one of our…
With a goal to curb carbon emissions, South African start-up Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate change. Curbon’s unique offering gives shoppers the opportunity to take direct, meaningful climate action with every online purchase. Using data from the world’s leading climate science institutions, the start-up’s…
F1 lovers in South Africa are in a frenzy of excitement after news reports cited a visit by F1 Chiefs toSouth Africa as valid confirmation that the Kyalami Circuit will be revived with a major on thecalendar.A few weeks ago Sky News reported that Formula 1 were working towards a deal for South Africa tore-join…
RMB successfully arranged a R1.143bn gender-linked bond issuance across 3-year and 5-yeartranches for industrial group Barloworld, acting as Arranger and Sustainability Coordinator.“The gender-linked bonds have been issued in alignment with our gender transformation strategyand something that we as Barloworld are committed to and have been monitoring for years. We areproud to have pioneered this landmark…
