Emira’s US portfolio helps offset lockdown impacts locally

JSE-listed Emira Property Fund has declared a final dividend of 30.26c apiece, taking its dividend for the full-year ended June 30 to 104.36c apiece.

The company declared a dividend of 151.34c apiece in the 2019 financial year, reflecting a 31%, or 46.98c apiece, year-on-year decrease in this year’s dividend.

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Balwin’s Mooikloof Mega City designated a strategic infrastructure project

Property developer Balwin reports that its newly created entity, Mooikloof Mega Residential City: Gauteng (Mooikloof Mega City), has been designated by the Presidential Infrastructure Coordinating Commission Council as a strategic integrated project (SIP) in terms of Government Gazette No. 43547 published on July 24.

Balwin states that the SIP designation means that the Department of Public Works and Infrastructure will pay for all external bulk services installations such as water, sewer, electricity, roads and stormwater for the Mooikloof Mega City.

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New ‘single channel’ service created to help resolve barriers to South African exports

The Department of Trade, Industry and Competition (DTIC) has launched a new ‘single channel’ online service through which South African exporters are able to register any problems they are experiencing in their trade interactions and secure dedicated support from government to resolve concerns. Through the Export Barriers Monitoring Mechanism (EBMM), which was officially launched on August 31, exporters can log both tariff and nontariff obstacles using an online form being developed for the department’s website, or by drafting an email to ExportBarriers@thedtic.gov.za.

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Ethiopia seeks US clarification on reports of planned aid cut

Ethiopia asked the US government to clarify reports it may withhold about $130-million of aid in a bid to pressure the Horn of Africa nation to review its plans to fill a new dam that have affronted its neighbors. “We have asked for clarification on reports of the United States’ decision not to give the $130-million it assigned to Ethiopia,” Fitsum Arega, Ethiopia’s ambassador to the US, said on Twitter. “We have heard that the issue is related to the ongoing negotiations on the Grand Ethiopian Renaissance Dam.”

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Cat Simulators offers new portable training with the SimLite Excavator

Heavy equipment simulator training solutions Simformotion has announced the release of the new Cat Simulators System, called SimLite Excavator. The new compact and portable system allows instructors and learners to use the training inside of the classroom at physically distanced stations or to travel off-site with users, it said.

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Redefine bids farewell to long-time COO David Rice

JSE-listed real estate investment trust (Reit) Redefine Properties will be bidding farewell to its long-time COO David Rice on August 31. Rice will be retiring from a career of more than 30 years in the property industry but will still remain on-hand on a month-to-month basis to assist in ensuring a smooth transition as Leon Kok takes over, and until a new CFO is appointed to succeed Kok.

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More local laser R&D needed

South Africa is not placing enough focus on laser research and development (R&D), especially in the private sector, but there is hope, says the director of the Laser Research Institute (LRI) within the Physics Department at Stellenbosch University Dr Pieter Neethling. “Laser and photonics R&D is mainly driven by universities, resulting in most of the research being of a rather fundamental nature, with a long, or sometimes infinite, road before commercialisation. Getting private-sector companies involved in the funding of R&D at universities will change this landscape dramatically.”

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Opportunities for women in demolition

The nature of the work of demolition solutions provider Jet Demolition can easily be perceived as male-dominated, but there are work opportunities for women in the industry, says executive director Liz Brinkmann. “As society encourages more women to enter the engineering field, companies such as Jet Demolition will have more opportunities to identify that spark and encourage it to grow.”

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Architecture firm presents equal opportunities

Architecture firm Paragon Group is perhaps “unique in the industry” for employing an equal number of men and women, with the latter ranging from student architects to senior management. “I love the fact we have so many talented, audacious women in our company in different stages of their careers,” says Paragon Group director Estelle Meiring.

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Company appoints a woman as branch manager

Excavating contractor Bobcat Equipment South Africa, part of industrial equipment group Goscor Group, has appointed Kimmy Wright as branch manager in Durban. Wright began her career at Bobcat seven years ago straight out of university, progressing from administration sales assistant to administration manager for the entire branch network.

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