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Latest 26 Corporate Stories

Atlatsa Resources Corporation

PGM Specialists Target 2020 Steady-State Production IncreaseAtlatsa Resources Corporation is striving for mid-tier PGM production status as part of its ongoing ramp-up phase in South AfricaWriter: Matthew StaffProject Manager: Arron Rampling Atlatsa Resources Corporation is well on its way to achieving its mission of becoming a significant mine-to-market platinum group metals (PGM) company in South Africa as it carefully, yet proactively, positions itself for an expected market turnaround in the coming years.The Company’s focus revolves around a 2020 production target with ramping-up phases and diversification within its operations being carried out at present with that goal in mind.Known purely as Atlatsa – previously, Anooraq Resources Corporation – the black economic empowered (BEE) business was incorporated in the Province of British Colombia, in Canada, before later combining its PGM assets with those of Atlatsa Holdings, a private 100 percent BEE South African company. This combination affected a reverse takeover of Atlatsa under Toronto Stock Exchange rules, with the latter now holding 62 percent of the company.Chief Executive Officer, Harold Motaung, picks up: “In 2007, Atlatsa announced a major BEE transaction with Anglo American Platinum Limited (Anglo Platinum) pursuant to which the two entities combined their PGM joint venture interests under a new group structure, the Bokoni Group.“The transaction was completed in July, 2009, under which Atlatsa acquired 51 percent of the Bokoni Platinum Mine (formerly Lebowa Platinum Mine) and took operational control of the mine.”The resultant structure has gone from strength to strength since then and now controls one of the last remaining significant high-quality PGM resources in

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Ministry of Health Swaziland

Preventative and Curative Progress, NationwideThe Ministry of Health in Swaziland has been striving towards its 2015 targets, and has been rewarded with some key healthcare milestones which address some of the continent’s most pressing illnessesWriter: Matthew StaffProject Manager: Eddie ClintonThe Ministry of Health in Swaziland has reached a series of pivotal milestones in the country over the years, as it continues to plan for and implement sector improvements for the benefit of the population.Fitting under the Government of the Kingdom of eSwatini’s umbrella and working alongside stakeholders and partners, the aim of the Ministry of Health has, in recent years, been to meet its Millennium Development Goals (MDGs); working in tandem with the wider communities to spread the influence of its health programmes to every corner of the country as soon as possible.Incorporating ongoing research and development - not only of the situation within Swaziland, but of global healthcare trends and technologies to combat common illnesses - the Health Ministry has now brought the nation to as advanced a stage as it has enjoyed in its history and is looking forward to even further progress in the future.“This requires assessing the current situation, proper planning and budgeting, effective implementation, monitoring and evaluation of all health sector activities,” the Ministry states. “The Ministry of Health is surely on the move for positive initiatives and historic progress in its strides to building a healthier nation now, and in the future.”To achieve these targets, and the overriding MDGs, the Ministry’s activities are based on its mission of “providing preventative,

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Price Forbes (Pty) Ltd

Success is on the BooksThrough successful talent selection and working with like-minded organisations, globally recognised insurance Group, Price Forbes is successfully demonstrating its capabilities in a new marketWriter: Emily JarvisProject Manager: Callum PhilpSince its establishment in 2012, Price Forbes Group Limited’s South Africa division, Price Forbes (Pty)Ltd, has witnessed exponential growth in a mere three years, in part due to its extreme client focus, Greenfield business and Group backing.The origins of the Price Forbes name can be traced back to 1893. The business today is the result of a 2004 merger of two highly professional brokers, Prentis Donegan and Price Forbes. 2006 saw the formation of Price Forbes & Partners Limited, a truly independent London and Bermuda-based global, specialist broker that is 100 percent owned by management and its employees.“The establishment of Price Forbes (Pty)Ltd in South Africa in 2012 was a significant step towards achieving the goal of being a global insurance specialist,” says Warren Bolttler, CEO of Price Forbes (Pty) Ltd. “Even with the well established brand name, we are still the new kids on the block in Africa. Therefore, we need to quickly demonstrate our capabilities to a new market.“As our customer base grows in this area, we can offer more competitive rates than ever before. Additionally, backed by the Price Forbes brand that has existed for almost a century as a global household name from its base in London, UK, we have been able to leverage the Group’s reputation to fulfil our South African operating model; known for its direct partner relationships

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Brink’s Africa

A Global Standard for ExcellenceBrink’s Africa is following the successful international model of one of the world’s  leading logistics companies through its commitment to customer satisfaction and  reliable servicesWriter: Matthew StaffProject Manager: Tom Cullum Brink’s is replicating its globally successful business model in Africa as it strives to compound a recent Group restructuring in every operating region.The company’s international expansion began, in earnest, in 1991 and reached South African shores in 1996. Nearly a decade on, and Brink’s’ influence on the continent now comprises offices in Botswana, Namibia and Kenya also; forming an extensive platform from which to build the notoriety that Brink’s Global Services (BGS) now enjoys.“The international line of business has grown steadily since its inception. In recent years the focus has moved to understanding and working within BGS customers’ value chain to drive sustainable growth and maintain our strong and trusted global position,” explains the company’s Operations and Security Director, Richard Lewis.However, while established as a huge worldwide organisation, Brink’s’ operations in Africa resembles that of an SME business model with the ability to make entrepreneurial, flexible and quick decisions to best suit customer needs.All of this ensures that the business is able to deliver on a promise and ethos that has been synonymous with the Brink’s Group ever since its inception in Chicago in 1859.“The wider Brink’s Group allows us to almost work like an SME in Africa, being quite small and flexible which is important in an industry where things can change very quickly,” Lewis states. “This is one of our main

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Broll Namibia

Maximising Property PotentialBroll Namibia looks to capitalise on its position as a market leader by playing a key role in developing Windhoek’s central business districtWriter: Emily JarvisProject Manager: Stuart Parker Since 2003, Broll Namibia has swiftly grown to a leadership position in the commercial and retail property sectors and now manages a property portfolio exceeding N$2.5 billion.A subsidiary of the Ohlthaver & List Group of Companies (O&L), the property management and development company has once again been the top performing company in the 2014 financial year 12 Seasons Awards; winning in the categories of Creating Excellent Trust Relationships with Customers, Best Company to Work for and Overall Best Performing Operating Companies.Not long after Broll Namibia was established, Broll & List Property Management achieved the significant milestone of an ISO 9001:2008 certification, a set of voluntary international standards that have been upheld since 2004. With an assortment of significant commercial developments under its belt including extensions and refurbishments to supermarkets, leisure centres, financial offices, shopping centres and residential, Broll Namibia is a driven organisation that strives to maximise its development performance from now into the future.As the Broll Property Group continues to implement new strategic service lines such as the newly established facilities management department, this will strengthen Broll Namibia’s current offerings and act as a springboard for the Company’s strategy to offer a much wider repertoire of professional services.Construction boomBroll Namibia’s main focus for the next five years will be to further expand and develop high quality commercial developments within the Namibian market. “In order to cater for the

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Stefanutti Stocks Botswana

Industry Excellence from Construction ExpertsVia an extensive localisation strategy, Stefanutti Stocks Botswana strives to grow its presence as the preferred construction partner of choice in the countryWriter: Emily Jarvis Project Manager: Stuart Parker As one of Botswana’s leading construction contractors, Stefanutti Stocks Botswana has built a substantial portfolio of public and private projects in the country, contributing to not only local infrastructures, but Botswana’s GDP via its extensive localisation staffing plan; with hopes to achieve 99 percent local staff capacity.Currently undertaking a completion contract for Sir Seretse Khama International Airport (SSKIA), Gaborone, and Kasane Airport, Kasane, the construction giant continues to look towards the government to secure further large scale projects that will further enhance the country’s infrastructure. “Backed by our years of experience, Group reputation and quality of work, we are waiting in the wings to take on new projects,” says Tim Stow, General Manager of Stefanutti Stocks Botswana.Economic climateWith China rising to contention for the tendering of construction projects in Botswana, the industry grows more price-competitive for companies like Stefanutti Stocks, and Stow hopes it will emerge above the others as a truly African company: “Government spending in our sector is currently very low due to economic conditions beyond our control, this is affecting everyone in the industry at the moment and business is sporadic.“As a result of our wider Stefanutti Stocks Group presence, we hope to rise above the parapet as we draw on our South African resources and expertise. If we have a major contract in Botswana for example, we are able to source

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Airtel Zambia

Seamless and Exceptional MobilityAirtel’s influence in Zambia has developed rapidly and nationwide through a commitment to mobile saturation, which will continue to take previously unheard-of services to every corner of the countryWriter: Matthew StaffProject Manager: Donovan Smith Airtel is one of the leading mobile operators across the African continent and is in the midst of an exciting evolution within Zambia following the recent announcement of a new Managing Director and an expansive network investment plan.Airtel Africa is a subsidiary of Indian telecoms giant, Bharti Airtel, and currently has a presence in 17 countries across the continent. As one of the newer developments as part of the wider continental strategy, its operations in Zambia fit into a sector already occupied by MTN and Zamtel, but the company’s immediate progression under former MD, Charity Chanda Lumpa has been extensive.Offering the full range of expected personal tariffs, business tariffs and 3G connectivity, a company of Airtel’s stature differentiates itself on levels of scale and the speed of embracing new advancements; an aspect which has already been seen through its saturation of mobile money services into the Zambian market, and its plans for future network investments under the stewardship of new MD, Peter Correia.Network investmentsHaving previously worked for the likes of Siemens, Vodacom and Econet, Correia’s experience in the industry will inevitably see a continuation of the development already enjoyed by Airtel in Zambia, and in particular, across its network expansion.This year has already unveiled a plan to invest a further $50 million into this strategy over the next 12 months, with

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Airtel Rwanda

Rwanda’s Operator of ChoiceAs a company driven by the vision of making mobile communications affordable and accessible to all, Airtel Rwanda has major plans to increase its customer reach through rural network expansionWriter: Emily JarvisProject Manager: Donovan Smith Airtel Rwanda has already made waves in the telecoms industry since entering the country three years ago. With big plans all-round to launch value-added voice and non-voice services, expand the network and adopt seven new service centres, the company is positioning itself to gain an increased market share and accelerate growth in rural areas.In 2014, Managing Director, Teddy Bhullar told Africa Outlook how network growth was being driven by consumer feedback in order to develop the company footprint in Rwanda. The response pointed towards a desire for increased data services across a wider reach.Speaking in 2015, Bhullar feels Airtel is on its way to accomplishing this: “The high mobile penetration rate of 72 percent in Rwanda has helped in our decision to add a further 126 sites for 2G and 100 3G/3.75G sites to our portfolio, and we recently commercially launched 4G alongside partners in the city of Kigali and soon in major towns around the country. Similarly, our competitive packages represent our strong drive to connect as many people as possible through the power of Airtel,” says Bhullar.Operator of choiceBoasting a 15 percent market share, Airtel Rwanda has become the operator of choice for data and affordable smart devices. The Airtel Money platform is also steadily taking centre stage. “Availability, affordability, innovation and speed-to-market are the key reasons for

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Lodestone Brands

Taking Businesses to the Next LevelLodestone Brands is looking to expand its acquisition portfolio across Africa, building on an initial six years of success in the FMCG marketWriter: Matthew StaffProject Manager: Callum Philp Lodestone Brands is aiming to apply the same, vast amounts of experience and expertise that helped initiate the company, to produce the next generation of fast moving consumer goods (FMCG) entrepreneurs.Incepted in 2009, with the initial investment from Standard Chartered Bank of $170 million, the company is a brainchild of former Tiger Brands CEO, Nick Dennis alongside partners John Seymour and Shaun Bruyns.The idea was to achieve sustainability and longevity through the acquisition of a series of market-leading FMCG brands, to take them to new levels of success, and to establish Lodestone Brands as a top-two player in each of its core operating sectors; being sugar confectionery, beverages, and baby care.  “When meeting with Shaun initially, I said I wanted to continue to work on something that had longevity,” CEO, Dennis recalls. “Shaun then spoke to John Seymour, and we decided to see if we could replicate, in a much smaller way, what had been achieved at Tiger.“It was about building a branded FMCG business and using our experience, including learning from previous mistakes, to try and get things done in a far shorter time frame.”Seymour adds: “The brief was essentially to combine Nick’s unparalleled strategic and operational expertise in fast moving consumer goods, with Shaun’s and my financial and investment skills, and to build a business by way of acquisition.The next levelThe subsequent

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Morgan Abattoir

Blue-sky Thinking Breeds Livestock InnovationBy keeping abreast of industry and economic changes, Morgan Abattoir looks to grow its business in a sustainable mannerWriter: Emily JarvisProject Manager: Josh Hyland As one of the oldest abattoirs in South Africa, Morgan Abattoir has always adapted to take advantage of market trends in order to remain competitive, no matter the economic circumstances. Its latest investments and adoption of biogas to power its facilities will assist in the long-term sustainability of the business via efficient waste recycling and environmental practices.Originally built in 1927, the Abattoir has undergone drastic changes over the years, in particular when the former South African Meat Board provided the opportunity for municipal or state-owned abattoirs to be bought by private organisations or individuals, as current Managing Director Dirk Groenwald explains: “Previously, abattoirs had certain quotas given to them regarding the amount of animals that may be slaughtered by certain auction houses. Therefore, farmers had to market their livestock for slaughter directly to the livestock agencies.“These agencies then informed the farmer where the cattle would have to be sent – or the agencies would collect the cattle – and transport it to have it slaughtered. With prices dictated by market factors on the day, this certainly presented a challenge and a fluctuation in spending costs.”Now that privatisation has become a reality, farmers can liaise directly with abattoirs and this has shaped Morgan Abattoir into the business it is today, focusing primarily on cattle slaughtering to supply beef carcasses and offal to butcheries, wholesalers, supermarket groups and other institutions.In 2006, the

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