Tag «Africa»

Engineering Sector Searches for New Markets in Africa

Concerned over a sharp year-on-year fall of 9.25 per cent drop in engineering exports in June despite rupee depreciation by about same ratio in the last two months, the EEPC India (Formerly known as Engineering Exports Promotion Council) with support of the Commerce & External Affairs Ministries is seeking new markets in the African continent …

Appointment of Smt. Archana Bhargava as the Chairperson & Managing Director of the United Bank of India

Shareholders are hereby informed that Government of India has vide its Notification F.No.4/4/2011-BO.I dated April 23, 2013 appointed Smt. Archana Bhargava as Chairperson & Managing Director of the Bank from the date of her taking over the charge i.e. April 23, 2013 till February 28, 2015 i.e. the date of her superannuation or until further order, …

Greater Mobility in Africa Will Aid Development

Inclusive growth and regional integration will help to build the continent Women and youth must be at the centre of transformation Cape Town, South Africa, 10 May 2013 – Connecting the continent through infrastructure development and removing bottlenecks to greater mobility of people will allow Africans to work together towards the common goal of developing their …

flydubai celebrates three successful years of operations to Kuwait

The airline carried more than one million passengers between Dubai and Kuwait in three years Kuwait, 07 April 2013: flydubai, Dubai’s innovative low-cost airline, celebrates its third anniversary of operations in Kuwait, reaffirming its commitment to the market. Three years since launching operations to Kuwait, flydubai has flown more than 1 million passengers on the …

INVERSION PRINCIPLE BY FONDERIE 47

  Inversion Principle is a completely original timepiece, designed by Adrian Glessing and developed and produced by David Candaux/Du Val Des Bois exclusively for Fonderie 47. The sale of each timepiece will fund the destruction of one thousand assault rifles in Africa, creating a safer environment for aid and development. This is a strategy that …

Outotec to deliver large grinding mills to Zambia

Outotec and the mining and metals company First Quantum Minerals Limited (FQML) have agreed on the delivery of an additional three grinding mills to FQML’s subsidiaries in Zambia to complement Outotec’s previous process equipment deliveries. The total value of the new orders is about EUR 15 million. Outotec’s delivery includes two ball mills and one …

GfK enhances regional management

Nuremberg, 06 February 2013 – GfK has appointed four senior leaders to its regional management in CEE-META (Central and Eastern Europe, Middle East, Turkey and Africa) and APAC (Asia and the Pacific). The focus on Asia and on the CEE-META region is key to GfK’s Own the Future strategy. Essential to successfully executing the expansion …

Africa the theme for 5th BRICS summit

“BRICS and Africa – partnerships for integration and industrialisation” will be the theme of the fifth BRICS summit taking place in Durban in March, Minister in the Presidency for Performance Monitoring, Evaluation and Administration Collins Chabane said. Chabane was speaking in Polokwane, Limpopo province in the first of a series of provincial roadshows aimed at …

Rio Tinto impairments and management changes

Rio Tinto expects to recognise a non-cash impairment charge of approximately US$14 billion (post tax) in its 2012 full year results. These impairments include an amount of approximately US$3 billion relating to Rio Tinto Coal Mozambique (RTCM), as well as reductions in the carrying values of Rio Tinto’s aluminium assets (mostly Rio Tinto Alcan (RTA) …

Rio Tinto Finance plc prices Euro and Sterling fixed rate notes

Rio Tinto has priced EUR 1.25 billion and GBP 500 million of fixed rate notes under its European Debt Issuance Programme. The notes will be issued by Rio Tinto Finance plc and will be unconditionally and irrevocably guaranteed by Rio Tinto plc and Rio Tinto Limited. The Euro denominated offering comprises (i) long 7-year notes …