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  • Teraco becomes MÉTISS node, boosts regional interconnection May 6, 2021
    Data centre operator Teraco on May 6 said it had become an integral node to the Meltingpot Indianoceanic Submarine System (MÉTISS) – a 3 200 km subsea fibre-optic cable system connecting South Africa to the Indian Ocean islands of Madagascar, Reunion and Mauritius. MÉTISS consortium members have infrastructure in Teraco's Durban and Johannesburg data centre facilities, providing the […]
  • Mobile push authentication improve transaction security, improve user experience May 6, 2021
    Mobile push authentication messages provide a better user experience and protect users more effectively than password-protected accounts and one-time pins (OTP), which is important to protect data as more companies have adopted cloud computing and remote working, says device identity and authentication software company Entersekt CTO Gerhard Oosthuizen. US wireless network operator Verizon’s annual security […]
  • IFC, Absa launch green loan for energy projects May 6, 2021
    International financial institution the International Finance Corporation (IFC) has provided financial services group Absa with a loan of up to $150-million to support the bank’s strategy to expand its climate finance business and help South Africa meet its greenhouse-gas (GHG) reduction targets. In South Africa, financial institutions are critical sources of climate finance, with commercial […]
  • Tribunal approves Premier's buyout of Mister Sweet, with conditions May 6, 2021
    The Competition Tribunal has approved the acquisition by consumer goods manufacturer Premier of confectionery manufacturer Mister Sweet with the condition that it fill vacated nonexecutive roles with the 19 employees facing retrenchment. The merger parties had previously agreed to a moratorium on the retrenchment of 19 nonexecutive employees for a period of 24 months after the merger implementation […]
  • Jupiter space probe arrives at research centre in the Netherlands for crucial tests May 6, 2021
    The European Space Agency (ESA) announced on Thursday that its latest space probe, the Jupiter Icy Moons Explorer (Juice), had been delivered to ESA’s European Space Research and Technology Centre (Estec) in the Netherlands. The spacecraft had been transferred from the Friedrichshafen facility of its prime contractor, Airbus Defence and Space. The delivery to ESA […]
  • Iata welcomes G20 guidelines for restart of international tourism May 6, 2021
    The International Air Transport Association (Iata) – the global representative body for the airline industry – has welcomed the agreeing, by the Tourism Ministers of the Group of 20 countries (G20), of the ‘Rome Guidelines for the Future of Tourism’. The association urged the G20 governments to follow-up the announcing of the guidelines with action, […]
  • Production starts at Total’s Zinia project in Angola May 6, 2021
    Production from the Zinia Phase 2 short-cycle project, which is connected to the existing Pazflor’s floating production, storage and offloading (FPSO) unit in Angola, has started. The project is operated by petroleum refiner Total, which is the joint operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency.
  • PIC acquires Deloitte building in Midrand to add to GEPF portfolio May 6, 2021
    The Public Investment Corporation (PIC) has concluded a purchase agreement to acquire 100% of the leasehold rights, which include the office building and letting enterprise, housing Deloitte as the anchor tenant, in the prime location of Waterfall City, in Midrand, Gauteng. The asset was acquired on behalf of the Government Employees Pension Fund (GEPF) and […]
  • Prevailing low capacity use in manufacturing industry a worry for Seifsa May 6, 2021
    Persistent low levels of capacity use in the manufacturing sector and low demand for locally manufactured goods are “worrying” trends compounding the prevailing Covid-19 restrictions that are limiting operations at industrial plants, says the Steel and Engineering Industries Federation of Southern Africa (Seifsa). Data released by Statistics South Africa (StatsSA) on May 6 shows that manufacturing […]
  • Massmart opens new distribution centre in Brackenfell May 6, 2021
    Consumer goods distributor Massmart has opened its new 53 000 m2 distribution centre (DC) in the Brackengate 2 precinct, in Brackenfell, Cape Town. Construction on the centre started in October 2019.