Commodities

Samsung launches jet engine air conditioner

airconditionersamsungSamsung Electronics South Africa has announced the launch of Q9000 jet engine air conditioner, which will use jet engine technology to cool or heat air faster than conventional units

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Rising gold prices lead Côte d’Ivoire to impose more tax on gold miners

gold gettyCôte d’Ivoire will impose a tax of 19 per cent on gold mine profits in an attempt to benefit from soaring world prices

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Sabie forest ravaged by fire

forest SmathPlantations around the Sabie area in South Africa's Mpumalanga province have been ravaged by five forest fires in the past week

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UN tackles central African deforestation in US$7.3 million project

Congo basin UN 7.3mn projectA UN-backed forest-monitoring initiative, valued at approximately US$7.3mn, will see 10 central African countries unite in the interest of protecting the region’s forests

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Uganda denounces Oxfam land-grabbing claim

Uganda denounce Oxfam land grab aimThe Ugandan government has refuted reports from Oxfam International that it is working with UK-based global company New Forests Company (NFC) on land grabs for investments of commercial forest plantations

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