South Africa’s Steinhoff International is to swap several of its industrial assets for a bigger stake in manufacturer KAP International in a deal worth R8.9 billion.

Steinhoff will exchange PG Bison and Unitrans, along with its raw materials assets, for an increase in its shareholding in KAP from 34 per cent to 88 per cent, giving it control of the manufacturer.

Writing a 400-Word Essay: A Step-by-Step Guide

Osisko Mining Corporation has deposited $22.1 million with the Quebec Government, representing 50 percent of its financial guarantee to cover the entire future cost of rehabilitating its new Canadian Malartic mine site in the Abitibi region of Quebec.

The balance of the guarantee will be remitted as two subsequent payments of $11.05 million each, to be made on or around September 1, 2012 and September 1, 2013.

There is huge potential for the spread of mobile and internet-based telecommunications services in Africa. Regional market leader Uganda Telecom Ltd is required to invest heavily in management, infrastructure and technology improvements to increase its share of the market.

As the first government owned corporation in the Northern Territory and the only combined utilities company in Australia, Power and Water Corporation is a trendsetter in a challenging environment, as Jane Bordenave reports.

The growth potential of Sub-Saharan Africa may be enormous, but unlocking it requires a sound grasp of a very different set of business drivers and challenges. Johan Van Zyl, manufacturing director of Kraft Foods Sub-Saharan Africa, talks to Jane Alverca.

While the West remains mired in gloom and recession, Africa’s economic star is rising. The World Bank and the IMF concur that the continent will play host to some of the world’s fastest growing economies over the next decade, driven by Africa’s immense mineral and natural resource wealth.

Sam Howard speaks to Willie Wood, senior sustainable horticulture manager at CFL to find out how partnerships with producers and growers worldwide are impacting the products found on UK supermarket shelves.

Part of the AG Thames group of companies, Chingford Fruit Limited (CFL) was founded in 1966. Over the last forty four years AG Thames has continued to grow through the acquisition of companies within key areas of its business. The group now employs 480 people with offices in South Africa, Italy, Spain, New Zealand and Chile.

Engineering and project management provider AMEC has been awarded a £150 million contract to deliver engineering and project management services for the Clair Ridge project, west of Shetland.

Clair Ridge is the second phase of the giant Clair oil field. The contract was awarded to AMEC by BP and its Clair partners Shell, ConocoPhillips and Chevron.

Despite historic levels of unemployment, American manufacturing companies are struggling to fill as many as 600,000 skilled positions, according to a new survey from Deloitte and The Manufacturing Institute.

The survey Boiling Point? The skills gap in US manufacturing, polled a nationally representative sample of 1,123 executives at manufacturing companies recently and revealed that 5 percent of current manufacturing jobs are unfilled due to a lack of qualified candidates.

Dutch engineering consultancy Arcadis has announced it is to acquire UK-based consultancy EC Harris.

Through the merger, Amsterdam-based Arcadis will grow to almost 19,000 employees and €2.3 billion in revenues. Combined, the two companies will obtain a top five global position in strategic advisory and project delivery services for built assets, Arcadis said.