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ISSUE 13 2015

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Since our arrival on the fashion scene almost 10 years ago, the Cape Town Fashion Council has made groundbreaking local and international developments which have seen a boom in the fashion design industry of Cape Town.

The beginnings of denim are rooted in workwear, but fashion has turned it to something else – growing from a humble casual staple to fit multiple clothing categories. It has even featured strongly on the runway (think Gucci).

It is now common course that Africa is no longer the “dark continent,” but is instead a favoured destination for investment and growth. By Cas Coovadia.

Private mining venture company X2 Resources recently completed its initial capital-raising process, securing $5.6bn to finance the creation of a new mid-tier mining and metals group. It expects to do a deal this year, founder Mick Davis recently revealed.

The Zimbabwe government’s plan to consolidate all of the country’s diamond mining firms operating in the controversial Marange fields into one company echoes ‘economic sense’, says Vincent Musewe, a Harare-based independent economist. But, he warns that such a move could entice or invite corruption.

In 2014, South Africa produced about $11bn worth of coal, $8bn worth of platinum group metals and $6bn each of gold and iron ore.  Coal was king by a mile. Yet our coal, the most valuable South African commodity of the past few years (and maybe decades), warrants hardly a mention in the international media compared […]

ContiTech, a division of Continental Corporation, recently finalised the acquisition of Veyance. The deal will make ContiTech’s Conveyor Belt Group the biggest conveyor belt manufacturer in the market, and gives customers access to an even stronger product portfolio and greater access to international markets, says Avril Botha, MD for the Conveyor Belt Group Africa.

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May 2015

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