Features

A five days electric power & energy conference, inclusive of 2-day focal point main conference, 6 supplementary workshops, multiple case studies from a wide array of perspectives, expert views, and valuable insights on the Asia market outlook. Singapore – The 5th annual POWER WEEK ASIA Conference will be held from 11 to 15 November 2019 at the PARKROYAL on Beach Road Hotel, Singapore. POWER WEEK ASIA attracts the industry leaders from national power companies, government…

 A five days electric power & energy conference, inclusive of 2-day focal point main conference, 6 supplementary workshops, multiple case studies from a wide array of perspectives, expert opinions and unrivalled insights into the African electric power & energy market prospects. Johannesburg – The 2nd annual POWER WEEK AFRICA conference on 9 – 13 September 2019 in Johannesburg, South Africa is now open for registration. It promises an abundance of opportunities to network with C-level…

KAMPALA (Capital Markets in Africa) – Ugandan President Yoweri Museveni rejected signing a sugar bill that scraps a proposal, backed by large producers, to restrict the area from which millers can source cane. The president plans to return the bill to Parliament for reconsideration because lawmakers didn’t accommodate the interests of big millers, Parliament said on its website. Legislators passed the bill four months ago, but rejected a proposal to restrict the area from which millers can source supplies…

MAPUTO (Capital Markets in Africa) – Mozambique’s death toll from flooding in the wake of Cyclone Idai more than doubled as relief workers struggled to deal with the devastation wrought by the storm. The number of dead has increased to 202, Mozambique’s cabinet said, as it declared a national emergency. President Filipe Nyusi said the toll could exceed 1,000. In neighboring Zimbabwe, at least 98 people have died and that figure could reach 300, according to its…

LAGOS (Capital Markets in Africa) – Puma Energy and at least one other company halted operations at their fuel terminals in the Mozambican port city of Beira because of damage caused by Cyclone Idai. Beira, home to more than half a million people, bore the brunt of the storm that made landfall on March 15 and caused flooding that’s left at least 202 dead in Mozambique, and 98 more in Zimbabwe. Mozambican President Filipe Nyusi has said the…

JOHANNESBURG (Capital Markets in Africa) – In 1987, an anti-apartheid firebrand named Cyril Ramaphosa led South Africa’s biggest-ever mining strike. Some 300,000 miners—from a union Ramaphosa himself had founded—walked off the job, protesting pay and working conditions. The mining company “used fascist methods to destroy workers’ lives,” Ramaphosa declared. Over the three-week strike, nine people were killed, 500 were injured and more than 50,000 were fired. Still, it demonstrated the power that organized black labor…

NAIROBI (Capital Markets in Africa) – A Kenyan inquiry into dam construction projects worth $650 million has placed Treasury Secretary Henry Rotich at the center of a power struggle, with critics demanding he resign. The investigation not only threatens to hamper President Uhuru Kenyatta’s $25 billion plan to expand infrastructure and boost the East African nation’s economy, but also unity in the ruling Jubilee party. The race to succeed Kenyatta when his term ends in 2022 has pitted…