World Diamond Council Calls for Action on Kimberley ProcessWINDHOEK, Namibia - Speaking on behalf of the diamond industry, the World Diamond Council (WDC) today joined with civil society in calling on governments to renew and strengthen their commitment to the Kimberley Process. Prescient Selects Eagle’s Investment Management Suite to Support Global Growth ObjectivesJOHANNESBURG - - South African Investment Manager to migrate back office processes to hosted offering SYSTIME Opens South Africa Offices to Support Growing Demand in AfricaJOHANNESBURG - SYSTIME, the largest Oracle JD Edwards practice globally, announced yesterday, the expansion of its international presence by opening offices in Johannesburg (Gauteng) and Cape Town, South Africa. FinScan Announces Hosted Compliance Solution Contract with Ashburton (Jersey) LtdLONDON - Leading Investment Management Firm to Perform Sanctions and PEP Screening in Compliance with 3rd EU Directive ContiSoccerWorld.com Soccer Platform With Background Information, Services and Statistics Now Available in Four LanguagesHANOVER, Germany - Redesign Completed on Time for the FIFA Confederations Cup 2009 - The Official Sponsor of the 2010 FIFA World Cup South Africa(TM) has Also Integrated Interactive Content From ContiFanWorld. Available now in Four Languages Minority Directors of Rockwell Desperately Attempt to DistractTORONTO - Pala Investments Holdings Limited (”Pala”) dismissed today’s announcement by the Minority Directors relating to a highly conditional “financing” for Rockwell Diamonds Inc. (”Rockwell”, TSX: RDI, JSE: RDI, OTCBB: RDIAF). Alluvial Diamond Mining Expert Wants Changes to Rockwell BoardJOHANNESBURG - Hennie Van Wyk, the former owner and operator of the majority of the assets of Rockwell Diamonds Inc. (”Rockwell”, TSX: RDI, JSE: RDI, OTCBB: RDIAF), and a holder of approximately 4.3% of Rockwell, today commented on Pala Investments Holdings’ proposed slate of directors for Rockwell. Frost & Sullivan: Replacement of Old Equipment Boosts Kenyan Medical Imaging IndustryCAPE TOWN, South Africa - The medical imaging market in Kenya is set for steady growth over the next five years, driven by an aging population demanding greater access to imaging and diagnostic procedures. However, price sensitivity and competition in the market remain high due to the sizeable capital investment required to purchase imaging systems and the financial constraints faced by many healthcare institutions in the country. Energy-Efficient Lighting Products Boost Revenues in South Africa, Frost & Sullivan RevealsCAPE TOWN, South Africa - Although the South African lighting equipment market is highly price sensitive, innovative lighting technologies are creating new opportunities for suppliers. These new technologies will see the value of the market more than triple over the next five years. Sparkle to Return to Struggling South African Gold Mining Industry in 2011, Says Frost & SullivanCAPE TOWN, South Africa - The South African gold mining industry, which has been in decline for a number of years, will continue declining up to 2010. The industry will, however, rebound from 2011 as the electricity supply situation and skills availability improves. Increased Investment Within Process Industries Boosts the South African Flow Sensors Market, Finds Frost & SullivanCAPE TOWN, South Africa - The long-term demand for flow meters in South Africa is expected to remain robust. This is due to continued investment within key industrial areas, increasing automation levels within processes industries, technological advancements and end-user migration to electronic flow measurement. New Equation Islamic Banking and Branch Automation System set to Boost Albaraka Bank’s Strategic EdgeLONDON - Albaraka Bank Limited, the South African subsidiary of Bahrain-based Albaraka Banking Group B.S.C. (ABG) last year initiated an intensive project to replace its core banking system with the Equation Islamic Banking and Branch Automation System from Misys Plc., contributing to an improvement in the bank’s competitive edge. Desmond Tutu to Receive an Honorary Doctorate From the University of ViennaVIENNA, Austria - The University of Vienna will confer an honorary doctorate in theology on the South African Theologian and Nobel Laureate, Dr Desmond Tutu. The University substantiates the honour with Tutu’s outstanding achievement in applying a theology of “Ubuntu”. The ceremony will take place at 11.00 AM on 12 June 2009, in the Main Ceremonial Chamber of the University. Portfolios of the Poor Offers Rare Look at Surprisingly Complex Financial Lives of the World’s PoorNEW YORK - New Book Recommends Expansion of Microfinance and Better Financial Tools Billions of people around the world live on less than US$2 per day - what many in the developed world easily spend on a cup of coffee. As global leaders work to stabilize the financial systems of the world’s largest economies, they also have an unparalleled opportunity to include poor households in meaningful reform that expands access to those who need it most. Mobile Markets in Mozambique and Angola Set for Five Year Boom Finds Frost & SullivanCAPE TOWN, South Africa - Revenues in the Angolan mobile communications market are set to triple by 2015. While growth in Mozambique may be slightly lower, the high demand for services in both countries is creating lucrative investment opportunities. Not All Gloomy for African Healthcare Markets: Frost & Sullivan Finds Potential Despite the RecessionCAPE TOWN, South Africa - Africa’s healthcare markets are starting to feel the effects of the global economic slowdown. Pressures from the global environment have led to rising health costs and constrained healthcare resources. Century Casinos Reports Q1 2009 ResultsCOLORADO SPRINGS, Colorado - Century Casinos, Inc. (Nasdaq: CNTY; Vienna Stock Exchange) announced today the financial results for the three months ended March 31, 2009. American Singer Signs With Platinum PR of South AfricaLOS ANGELES - Las Vegas singer Brian Evans, who opens for the likes of Jay Leno, Joan Rivers, Social Distortion among others, has signed for public relations in South Africa with South Africa based PR firm Platinum PR (platinumpr.co.za). eTelecare Enters the South African Call Centre MarketSCOTTSDALE, Arizona - eTelecare Global Solutions (PSE: ETEL), a leading provider of complex business process outsourcing (BPO) solutions, has completed the purchase of the Phone House Group, a subsidiary of Carphone Warehouse. eTelecare is one of the world’s largest and fastest growing Business Process Outsourcing (BPO) companies with 15 contact centres employing over 14 000 people across the US, Philippines, Nicaragua and now South Africa. Electricity Sectors in Angola and Mozambique are Ripe for Investment, Says Frost & SullivanCAPE TOWN, South Africa - The majority of the infrastructure in Angola and Mozambique was severely devastated during their respective civil wars. Efforts to rapidly improve these economies have revealed the fragility of their infrastructure, and it is therefore of crucial importance to allocate adequate resources to accelerate the reconstruction of their electricity backbones. This Might be a Great Time to Start a Business, Says Frost & SullivanCAPE TOWN, South Africa - With the world’s economy in recession, there has been considerable pessimism about business opportunities. Global gross domestic product (GDP) growth is projected to decline by about 2% in 2009 from the 4.8% that was witnessed two years ago. Xiocom and Aptilo Launch a Global Partnership to Accelerate the Deployment of Xiocom’s Broadband Wireless NetworksATLANTA - Xiocom Wireless and Aptilo Networks today announced a strategic partnership designed to enhance Xiocom’s ability to cost efficiently operate and manage large scale deployments, better serving their partners across the globe. South Africa not Gaining the Full Benefit of PPPs in the Healthcare Sector, Says Frost & SullivanCAPE TOWN, South Africa - The healthcare industry in South Africa faces substantial challenges, including vast inequalities in access to care. The public sector is responsible for serving approximately 85.0% of the population, yet accounts for around only 49.0% of healthcare spend. Nigeria’s Chemicals Sector to Benefit from Diversification Away from Oil, Says Frost & SullivanCAPE TOWN, South Africa - Overall, the global economic downturn has affected sub-Saharan countries less severely than the rest of the world. Despite a slowing in growth in the short term, economies such as Nigeria are expected to show resilience. South African Electricity Crisis to Boost Demand for Transformer Equipment, Finds Frost & SullivanCAPE TOWN, South Africa - Transformer equipment is becoming increasingly important as a means to relieve South Africa’s electricity crisis. End users are looking to capitalise on local resources such as robust manufacturing capabilities, competition-induced transformer prices, engineering expertise and experience in the respective end-user segments. Higher Outlays and Improved Regulatory Enforcement Create Opportunities in the Kenyan Healthcare Industry, Reveals Frost & SullivanCAPE TOWN, South Africa - Increased public and private expenditure on healthcare, coupled with increasing levels of medical insurance coverage and continued foreign donor funding are creating significant opportunities for growth within the Kenyan healthcare industry. The pharmaceutical and medical devices industries will exhibit continued expansion as the government boosts the allocation of resources for regulatory enforcement. Opportunities in Crisis: Frost & Sullivan Unpacks What CEOs Should Know About Africa’s Electricity SectorCAPE TOWN, South Africa - A majority of African countries is currently experiencing acute power shortages. This is leading to rolling blackouts and load shedding. Undersea Cables to Breathe Life Into Africa: Frost & Sullivan Examines Their ImpactCAPE TOWN, South Africa - Africa is the only continent that still has a severe lack of telecommunications connectivity. The region is particularly hamstrung by insufficient infrastructure and the resultant impact this has on the ability to provide broadband services. 46664 and the Nelson Mandela Foundation Call for Establishment of Global ‘Mandela Day’LONDON - President Clinton Supports Global Tribute to Inspire People to Mirror Mandela’s Values Frost & Sullivan Expects Infrastructure Projects to Drive Demand for Industrial Paints in South AfricaCAPE TOWN, South Africa - The South African industrial paint market is benefiting from the country’s infrastructure spending and other capital-intensive projects in the manufacturing sector. Efforts by construction firms to complete projects in a timely manner will result in an increased usage of industrial paint and coatings in the coming years. Generic Pharmaceuticals Offer Exciting Growth Opportunities in Tanzania, Reveals Frost & SullivanCAPE TOWN, South Africa - The pharmaceuticals market in Tanzania presents significant growth opportunities for local companies. Generic drug production is driving prices down, resulting in higher uptake. Sustained End-User Demand Offers Hope Amidst Challenges in the South African Gearboxes and Geared Motors Market, Reveals Frost & SullivanCAPE TOWN, South Africa - Continued demand from the largest end-user sector - metals, minerals and mining - will sustain revenues in the South African gearboxes and geared motors market. Manufacturers will, however, have to align their products with a more comprehensive service offering in order to maximise revenues and entrench their businesses as the South African operating environment deteriorates. Developments in the Mining Sector Boost the Botswana Electricity Industry, Finds Frost & SullivanCAPE TOWN, South Africa - Botswana faces a severe electricity crisis, which has been compounded by a similar crisis in neighbouring South Africa. As a result, BPC, the public utility, has embarked on significant capital expenditure for a phased expansion of its sole power station and the introduction of independent power producers (IPPs) in the country. Frost & Sullivan anticipates that the Botswana electricity industry is set to grow at a compound annual growth rate (CAGR) of 4.8 per cent between 2006 and 2015. Integrated Solutions and New Technologies are the Future for South African Security: Frost & SullivanCAPE TOWN, South Africa - The high rate of crime in South Africa has influenced property owners and businesses to look at alternative ways of securing their assets. Armed robberies, ATM bombings and other related violent crimes have forced property owners to migrate towards the integration of different security systems in order to come up with an effective and reliable security solution. More advanced features are also becoming available, making security products more attractive to end-users. Mimecast(R) Expands Partner Program in North AmericaBOSTON - Mimecast partners with Iron Mountain Digital to bring new Storage-as-a-Service solution for email archiving to market |