Eastern Cape textiles factory to boost wool farmers

For nearly 20 years traditional beer maker United National Breweries has cut a forlorn figure as the only industrial investor in Butterworth after the Eastern Cape town was deserted by more than 40 large-scale manufacturers in the mid-1990s.

The town’s two-decade long investment drought came to an end in February when the once-thriving industrial town welcomed a textiles manufacturer, raising hopes that the investment could help Butterworth reclaim its former glory. 


Mining companies: victims or villains?

Africa’s mining industry is caught between a rock and a hard place. It’s rarely been under greater scrutiny and it’s rarely faced a tougher existential crisis.

The world’s mining behemoths are being buffeted by escalating demands from unions and lobby groups, on the one hand, and the vagaries of the global commodities cycle, on the other. Not to mention a policy environment that has often proved confounding.


Weak commodity prices putting brakes on Africa’s resource nationalism

Is resource nationalism on the wane in Africa? That was the question on many minds following reports out of Zimbabwe that President Robert Mugabe is mellowing on his country's controversial indigenisation policy.

Resource-rich nations around globe are trying to generate more revenue from their mineral wealth by increasing resource taxes or taking equity stakes in mining projects. These countries say they need extra revenue to spend on the poor and infrastructure projects.


Sought after seabed mining riles green activists

Enterprise is the essence of the human spirit. What may appear as an end to an era, could actually be the beginning of new frontiers for businesses to flourish.

South African-born US dollar billionaire Elon Musk is one case in point. Just before the internet bubble left a trail of start-up casualties in the Sillicon Valley in the early 2000s, this founder and CEO of PayPal sold his company to eBay and started a new business. 


Aquaculture – a chance for entrepreneurs to snack from the ocean

If there’s no growth, invent it. Whoever coined the quote must have had global fisheries in mind.

This is because fisheries are generally in state of flux and urgently need innovative and sustainable solutions to redress the ever-increasing demand for fish worldwide. And, according to the United Nations Food & Agriculture Organisation’s (FAO’s) Status of World Fisheries and Aquaculture Report 2012, the global industry is unable to keep up. 


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