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Rheinmetall takes over Denel subsidiary

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first_imgDusseldorf-based Rheinmetall will own 51% of the new company, to be known as Rheinmetall Denel Munition, while South African state-owned defence equipment contractor Denel will hold onto the remaining 49% stake. SAinfo reporter In terms of the agreement, both Rheinmetall and Denel will boost investment in the new company to modernise the business operations and improve its production structures and flows, setting the stage for solid, profitable growth. “In fact, as one of the crucial pillars of the strategy, equity partnerships with major global players will provide the Denel businesses like Munitions with world-class technology and skills, operational improvements, market access and scale to best serve its clients.” Rheinmetall Denel Munition commands special expertise in artillery, mortar and infantry systems as well as plant engineering. “Annual sales of weapons, ammunition and propellants by Rheinmetall amount to approximately US$1-billion (about R7.9-billion); Denel Munitions’ sales equate to roughly a tenth of this figure,” Rheinmetall said. “In future, Rheinmetall and its new South African subsidiary will market their expanded joint product portfolio in their respective key markets,” the company said. The Rheinmettal Group has acquired a majority stake in South Africa’s Denel Munitions, following approval of the takeover by the country’s competition authorities, giving the German defence company access to new and strategically significant markets.center_img The company said the acquisition underscored its position as a premium global supplier of weapons and ammunition for armour, artillery and infantry, as well as a leading maker of propellants. “With this acquisition, which is associated with a long-range supply programme for the South African armed forces, the Rheinmetall Group continues to grow its defence business and enhance its market presence,” Rheinmetall said in a statement last week. 9 September 2008 Whereas the bulk of Rheinmetall Defences’ business is transacted with North Atlantic Treaty Organisation (Nato) countries, Denel Munitions’ markets include South Africa, Asia, the Middle East and South America. “This agreement with Rheinmetall ties in with Denel’s turnaround strategy,” Denel executive Lana Kinley said in a statement after the deal was first announced in February. Would you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

Like WordPress for Mobile App Creation: Cabana is a Service to Watch

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first_imgmarshall kirkpatrick Tags:#mobile#web Why IoT Apps are Eating Device Interfaces Is it possible for a visual drag-and-drop mobile app creation tool to deliver a sophisticated product? A service called Cabana was unveiled at the Launch conference today and says it aims to do just that, like WordPress for web and native mobile apps. There are a number of other companies offering this kind of service, most notably Widgetbox. Cabana looks more sophisticated, though, with a richer set of 3rd party services available for integration and what the company promises is an easy way to wrap new services’ APIs up for use on the platform. Compiled code is delivered in a zip file, 3rd party API-based plug-ins are easy to create and a marketplace called Cabana Exchange will allow developers to share and monetize the platform on the plug-in level.Cabana is in closed beta for now, but is accepting requests for invites and showed off a number of dazzling integrations on stage today. Drag and drop addition of features like a camera, check-ins on services like Gowalla or Foursquare, integration of the Instagram photo API and many more things are possible. The company has a huge challenge ahead of it, of course. The open ended nature of it, the lack of clear connection to profits for customers, while refreshing to this journalist and web lover, will make it harder for Cabana to stay financially viable than mobile publishing services that put cash more quickly into the hands of publishers. A related but different startup at the Launch conference today, for example, is the Tour Wrist travel marketing platform.Execution of the Cabana service will be hard enough, building a community of developers around the Cabana Exchange could be even harder. There is a clear demand for this kind of light app publishing technology though. Unlike some competitors, Cabana says that it will focus on engineers building functionality that designers and marketers can then manipulate. That sounds like a stronger combination in the long run than other services that make it harder to customize the code. The Rise and Rise of Mobile Payment Technologycenter_img What it Takes to Build a Highly Secure FinTech … Role of Mobile App Analytics In-App Engagement Related Posts last_img read more

South Korea has big gold medal day at Asian Games

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first_imgAn established Olympic swimming superstar and a seven-month pregnant shooter helped South Korea to one of its best days at the Asian Games on Sunday.Park Tae-hwan, the 400-meter freestyle gold medalist at the 2008 Beijing Olympics, won the 200 freestyle in the Asian Games pool, leading throughout to break his own Asian record.Hours earlier, Gim Yun-mi, who is expecting a child in two months, helped out as South Korea swept all four shooting gold medals to give it nine on the day overall.The games also had a first world record – China’s Li Ping won the women’s 53-kilogram weightlifting division. She broke an eight-year-old world mark in the snatch when she lifted 103 kilograms, then lifted 127 in the clean and jerk to earn another world record for the combined total at 230 kilograms.China collected 18 golds Sunday and moved to a leading 37 on the second day of competition at the Games, which end Nov. 27. South Korea has 13 gold medals overall. Japan is in third place with eight golds and Hong Kong is next with two gold.China topped the medal count at the last Asian Games in Doha with 166 gold medals and is on its way to repeating that. There are 476 gold medals to be awarded in Guangzhou.South Korean shooter Lee Dae-myung won the men’s 10-meter air pistol and helped secure a victory in the team competition on the second morning. Later, Gim won the women’s 10-meter air pistol and helped South Korea win the women’s team gold.”I got the gold medal with my baby, I feel so happy,” Gim said through an interpreter.advertisementJia Rui helped deliver Macau’s first-ever gold medal at the Asian Games by winning the Daoshu/Gunshu all-round title in the Chinese martial arts of Wushu.Macau had won five silver and 10 bronze medals in previous Asian Games, but the 23-year-old individual world champion clinched Sunday’s gold with an acrobatic routine involving flips and fast sword movement.”In Macau, wushu is a hobby for many people, and this will be a big step for the sport in my country,” he said.India, meanwhile, won its first gold of the games when Pankaj Advani beat Nay Thway Oo of Malaysia 3-2 in men’s English billiards.Japanese triathletes finished first and second in the men’s race just 24 hours after two of their female compatriots took the major medals in the women’s event.On Sunday, Yuichi Hosoda and Ryosuke Yamamoto finished one-two to make Japan the undisputed triathlon champions of the Asian Games. On Saturday, Mariko Adachi and Akane Tsuchihashi of Japan won gold and silver, respectively, in the women’s race.At the Asian Games pool, Park broke the Chinese domination that has seen the host country win nine golds in 12 finals over two nights.Japanese star Kosuke Kitajima failed to win his 50-meter breaststroke heat in the morning and struggled again in the final, finishing 0.35 seconds behind winner, China’s Xie Zhi, to end up in a dead heat for fourth with Iran’s Mohammad Alirezaei Dizicheh. Kitajima’s teammate Ryo Tateishi was second.The 50 distance is not the 28-year-old Japanese star swimmer’s best event – he swept the 100 and 200 Olympic titles in Athens and Beijing. Still, failing to land a medal at all is a worrying sign heading into his signature events in Guangzhou.Kitajima said the competition was simply too strong.”Even though it’s my best result of this year, I did not get a medal,” he said. “I’ll try my best in the 100-meter breaststroke later.”last_img read more

a month agoSteve Chettle Exclusive: Collymore like Ronaldo & better than Keane at Nottingham Forest

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first_imgSteve Chettle Exclusive: Collymore like Ronaldo & better than Keane at Nottingham Forestby Andrew Macleana month agoSend to a friendShare the loveNottingham Forest legend Steve Chettle says Stan Collymore was the most talented footballer he played alongside at the City Ground.An enigmatic and talented centre-forward, Collymore joined Forest from Southend United in 1993 and became a star in his two seasons at the club.His breakthrough culminated in an unbelievable 1994/95 season, in which Collymore’s 22 goals helped Forest finish third in the Premier League.Those performances motivated Liverpool to pay £8.4m for the then 24-year-old, breaking the British record transfer fee at the time.The sale wasn’t a surprise given Forest had sold Neil Webb and Roy Keane to Manchester United, and Nigel Clough to Liverpool, in the years prior to Collymore’s move.Chettle played alongside all four, and when asked who was the most talented of the bunch, the club’s third-highest games holder selected Collymore, who he compared to former Real Madrid and Inter Milan striker Ronaldo Nazario.”Stan Collymore. The best player I’ve played alongside is Stan Collymore,” Chettle told Tribalfootball.com.”He had everything. I’ve compared him, maybe rightly or wrongly, to the old fashioned number nine Ronaldo.”He could do everything, especially the year when we finished third in the Premier League. “He scored some unbelievable goals and he was the best player I played with in a Forest team.”After watching the club as a boy and coming through the academy ranks, Chettle was introduced to the first-team by legendary manager Brian Clough in the late 1980’s.He would go on to play 527 games in 13 years for his boyhood club, winning the League Cup in 1989 and 1990 and playing alongside some legendary players such as Stuart Pearce, Des Walker, Keane and Clough.Quizzed on which was the best team he played in, Chettle split the answer in two.”There were a couple of generations of teams,” he continued. “There was one that I first came into playing alongside Stuart Pearce, Des Walker, Steve Hodge, Neil Webb, Nigel Clough. I used to go away and travel with the England U21s and all those boys in the senior group.”It was a great time to be around that football club and in that team because I was only 19 years old so it was a great learning curve for me. “Then the next phase when I was playing alongside Roy Keane, Steve Stone. We had two kind of generations of fantastic teams so it was kind of a different experience for my career and I like them both as equal.”Video Courtesy of NFFCTube TagsTransfersOpinionAbout the authorAndrew Maclean FollowShare the loveHave your saylast_img read more

StatCan October GDP flat compared with September up from 2016

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first_imgOTTAWA – Canada’s economy took a pause in October, with gross domestic product unchanged from the previous month.Analysts had estimated that Canada’s GDP would grow 0.2 per cent from September, based on some of the recent October economic data released earlier this week by Statistics Canada.Goods-producing industries were down 0.4 per cent from September figures and service-producing industries were up 0.2 per cent, it said.CIBC economist Nick Exarhos said “the mood was running high” ahead of Friday’s report, but said strong wholesale and retail trade volumes reported earlier this week didn’t translate into the same degree of value-added growth.Statistics Canada said the value of wholesale trade was up 1.4 per cent from September, and the value of retail trade was up 1.1 per cent.“Collectively, they contributed a bit more than one tick to GDP, roughly half of what we would have expected heading into the release,” Exarhos wrote in a note to clients.Exarhos added that the mining, oil and gas sector was also softer than expected despite reports of strong production.Statistics Canada said that mining, quarrying and oil and gas extraction declined 1.1 per cent.The agency reported that nine of the 20 industrial sectors that it monitors expanded in October, including manufacturing, which was up 0.1 per cent.“Except manufacturing, output in all goods-producing industries fell,” noted Arlene Kish, director for Canadian economics at IHS Markit.Statistics Canada said the mining, quarrying, and oil and gas extraction sector was down 1.1 per cent.“The drag from the oil and gas and mining industry was mostly related to maintenance operations within non-conventional oil activity . . . However, it should be noted that mining and quarrying activity as well as support activities for the entire sector were also down in the month,” Kish wrote.There were also contractions in the construction sector (down 0.1 per cent) and utilities (down 1.3 per cent)last_img read more

Travel advisory issued for Highway 97 from Taylor to Chetwynd

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first_img#BCHwy97 Travel advisory in effect due to limited visibility with blowing snow from #TaylorBC to North of the Junction with #BCHwy29 in #ChetwyndBC.https://t.co/tOSNtObrti— DriveBC NE (@DriveBC_NE) March 2, 2018In the North Peace, Yellowhead Road and Bridge’s Greg McNeil says, the snowfall with persistent blowing snow has caused large amounts of drifting in the area. Six to ten centimetres of snow and winds of 30 km/m with gusts to 50 km/h are expected between now and Friday night.The arctic front that brought the winter storm warning will stick around until Friday with some areas receiving up to 25 cm of snow. FORT ST. JOHN, B.C. – A travel advisory has been issued for Highway 97 from Taylor to Dawson Creek and from Dawson Creek to Chetwynd.A winter storm warning remains in place for the B.C. Peace.  The heavy snow and strong winds have caused dangerous road conditions.Caribou Road Services says the storm has now extended throughout the whole South Peace area. The highways have limited visibility from blowing snow so please use caution in your travels this evening and into tomorrow. CRS crews and hired equipment are going to continue working hard to clear the snow.last_img read more

MLA Dan Davies and Jane Thornthwaite hosts roundtable on mental health and

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first_imgFORT ST. JOHN, B.C. – Peace River North MLA, Dan Davies, and Opposition Critic for Mental Health and Addictions, Jane Thornthwaite were hosts to a recent roundtable discussion on mental health, addictions, and the opioid crisis.The discussion centred on the need for treatment facilities, expanded medical services, street clinics, and mental health and counselling providers.According to Thornthwaite, mental health and addictions affect all areas of the Province, including communities such as Fort St. John. “Mental health and addictions challenges affect all areas of B.C. and smaller cities like Fort St. John are no exception.”Thornthwaite says what sets smaller communities apart from larger cities, is the struggle with having available services to those dealing with mental health and addictions.“But smaller or more rural municipalities often struggle with fewer services and less access to trained professionals than urban centres. Access to accurate overdose data would help to identify gaps and target services where they are most needed. Northern residents need immediate treatment and recovery options when they reach out for help.”Davies says he welcomed Thornthwaite to Fort St. John to discuss this vitally important topic and appreciates her sharing her knowledge with first responders and front-line workers.“We were pleased to welcome MLA Thornthwaite to Fort St. John to discuss this vitally important topic with our dedicated first responders and front-line workers. She brings an incredible amount of experience to the table and will bring these concerns forward on behalf of northern British Columbians.”last_img read more

Delhi BJP shortlists 21 names for 7 seats

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first_imgNew Delhi: Delhi BJP’s election committee on Friday shortlisted three names each for the seven Lok Sabha seats in the national capital, amid protests by party members over celebrities joining the organisation for tickets ahead of polls, party leaders said. The list, which was finalised at a meeting of the state unit’s election committee, does not include the name of former cricketer Gautam Gambhir, whose name was making rounds as a possible candidate from the New Delhi seat after he joined the BJP, said a leader who attended the meeting. Also Read – After eight years, businessman arrested for kidnap & murder”All the seven sitting party MPs’ names have been included in the list which will be sent to the Central Election Committee for final selection of candidates,” he said. Some other Delhi BJP leaders who attended the meeting claimed “objections were raised over celebrities joining the BJP for Lok Sabha tickets and demanded priority for dedicated leaders and workers during ticket distribution”. The meeting chaired by Delhi BJP chief Manoj Tiwari was also attended by Union minister and Lok Sabha incharge of the unit Nirmala Sitharaman and co-incharge Jaibhan Singh Pawaiya. Also Read – Two brothers held for snatchingsFrom the New Delhi seat, besides sitting MP Meenakshi Lekhi, Delhi BJP incharge and national vice president Shyam Jaju, and Delhi BJP general secretary Rajesh Bhatia have been shortlisted, they said. For the Chandni Chowk seat, names of sitting MP and Union minister Harsh Vardhan, Leader of Opposition in Delhi Assembly Vijender Gupta and Sudhanshu Mittal have been selected. MP Mahesih Girri, Aman Sinha and Delhi BJP MLA OP Sharma have been shortlisted from East Delhi, they said. The name of Tiwari, who is a sitting MP, is in the list of probables from North East Delhi seat. From West Delhi, sitting MP Parvesh Verma, Kamaljeet Sehrawat and Pawan Sharma’s names have been shortlisted. For South Delhi, names of sitting MP Ramesh Bidhuri, Ram Veer Bidhuri and Brham Singh Tanwar have been selected, while Udit Raj (MP), Ashok Pradhan and Anita Arya have been shortlisted from the North West reserved seat, they said.last_img read more

Cong fields Shatrughan Sinha from Patna Sahib

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first_imgNew Delhi: The Congress Saturday fielded actor-turned-politician Shatrughan Sinha as its Lok Sabha poll candidate from the Patna Sahib constituency in Bihar, hours after he joined the party quitting the BJP. The 72-year-old Sinha, the incumbent MP from the seat, will face senior BJP leader and Union minister Ravi Shankar Prasad. The Congress also announced that former Himachal Pradesh minister Ramlal Thakur will contest from the Hamirpur Lok Sabha seat in the state against sitting BJP MP Anurag Thakur. Also Read – India gets first tranche of Swiss bank a/c details In Punjab, the party fielded Jasbir Singh Gill Dimpa from Khadoor Sahib, former IAS officer Amar Singh from Fatehgarh Sahib (reserve), and folk singer Mohammed Sadique from the Faridkot Lok Sabha seat. With the latest list of five candidates, a total of 377 names have been announced by the party for the Lok Sabha elections. The names were announced after party leaders from Punjab, Himachal Pradesh and Bihar met Congress president Rahul Gandhi earlier during the day. Among those present during the meeting were: Punjab Chief Minister Amarinder Singh, AICC secretary and the party’s Punjab affairs in-charge Asha Kumari, Himachal Pradesh Congress chief Kuldeep Rathore and state CLP leader Mukesh Agnihotri.last_img read more

Russian President Putin challenges Washington in Venezuela power play

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first_imgMoscow: Russia emerged as a crucial power broker in the crisis in far-away Venezuela this week when Washington accused Moscow of convincing President Nicolas Maduro not to flee to Cuba. US Secretary of State Mike Pompeo said Maduro had a plane on the tarmac ready to fly to Havana when “the Russians indicated that he should stay”. Moscow hit back, dismissing the claim as fake and accusing Washington of supporting a coup “that has nothing to do with democracy” by backing opposition leader Juan Guaido. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: ReportMoscow has its reasons for standing behind Maduro — he’s a rare ally in Latin America and Russia has poured billions into the Venezuelan economy. But analysts say Russian President Vladimir Putin is also playing the long game, hoping to use Venezuela as leverage in his global tug-of-war with Washington. “Russia is seeking to translate its influence over Maduro — which is in fact not absolute — into an opportunity to have dialogue with the United States,” Tatyana Stanovaya, head of R.Politik, a Paris-based analysis firm, told AFP. Also Read – Iraq military admits ‘excessive force’ used in deadly protests”Maduro is a bargaining chip.” Tensions in Venezuela have soared since Guaido declared himself acting president in January, claiming Maduro’s re-election last year was illegitimate. More than 50 countries led by the United States lined up behind the 35-year-old head of the National Assembly, but Russia and China have backed Maduro. Reeling from Western sanctions, Moscow has quickly sensed an opportunity, even if it meant locking horns with the United States in Latin America, Washington’s traditional sphere of influence. In a highly publicised move in March, Moscow sent two planes with around 100 soldiers and equipment to Caracas, where Russian mercenaries are also believed to be operating. Ties between Russia and the West plummeted over Moscow’s annexation of Crimea in 2014, its backing for separatists in eastern Ukraine and military support for President Bashar al-Assad in Syria. But the audacity with which the Kremlin inserted itself into the Venezuela crisis has drawn gasps in Washington. “Russia is making the next play in our hemisphere,” Frederick Kempe, president of the Atlantic Council, wrote last month. “Vladimir Putin may be laying the ground for making Venezuela the defining foreign policy debacle for President Trump in the same way Syria became that for the Obama administration.” Russia and Venezuela enjoy a long history of ties and Maduro’s predecessor Hugo Chavez, known for his passionate tirades against the United States, was a welcome guest at the Kremlin. After Chavez’s death in 2013 the relationship with a country that boasts the world’s largest proven oil reserves has continued to thrive. Russia is the second largest lender to Caracas after China, with Moscow heavily investing in Venezuela’s oil resources and Caracas acquiring Russian arms worth billions of dollars. However that also means, analysts say, that Russia has a lot to lose from a change in leadership. But what it stands to gain from a possible deal with Washington may be more important for the Kremlin.last_img read more