Continental Coal has announced that Ntshovelo Mining Resources, the joint venture entity that operates the Vlakvarkfontein coal mine in South Africa, has executed a coal supply agreement with the state utility company, Eskom.

The agreement is for the supply of 720,000 tonnes per annum of thermal coal of quality suitable for some of Eskom's power stations over an initial three-year period which commenced on 1 March.


Zhike Lei, assistant professor at the European School of Management and Technology in Berlin, explains why corporate tree-hugging is no longer enough in the battle to tackle the sustainability challenge.


Supermarket giant Tesco has announced that it will create 20,000 new jobs in the UK over the next two years.

The jobs will be created through a major investment programme in customer service, refreshing existing stores and opening new ones. 

Starting immediately, Tesco said it will invest significantly in additional staff hours and training to boost the customer experience—including on fresh produce, fresh meat, bakery and counter services.


Kraft Foods has opened a £17 million research and development facility at the home of Cadbury in Birmingham.

Facilities at the Global Centre of Excellence for Chocolate Research and Development in Bournville will include innovation labs, a pilot plant and a development kitchen. The centre will also be used to develop new products for other Kraft brands such as Milka and Toblerone.

The investment comes as the company said it will hire an extra 100 R&D staff in the UK, with 44 of those to be based at Bournville.

The recent Eurozone crisis has exposed the instability within the traditional investment markets. The value of bonds, stocks, shares and pensions are in jeopardy amidst the uncertainty of the current economic climate. This has encouraged an increasing interest in alternative investments as investors look to secure their portfolio.

ABOUT THE AUTHOR

becky

Editor


Dublin Port Company has unveiled its masterplan for the next 30 years, which includes the construction of a new cruise facility to accommodate over 135,000 passengers and almost 90 cruise liners each season.

The masterplan sets out the framework for the long-term development of Ireland’s largest port. Implementing the plan will cost in excess of €600 millionover the next 30 years, with the Dublin Port Company already committing to investing €110 million over the first five years of the masterplan period.

The private aviation industry begins 2012 on a turbulent recovery flight path. 2011 figures showed growth of just 1.9 per cent in overall industry traffic movements, but with an unsettling five per cent drop in December. Yet 2012 still promises to be an exciting year ahead:

ABOUT THE AUTHOR

becky

Editor


For too many of us, feeling anxious and overwhelmed has become the new normal. Workplace performance expert Jason Womack explains how to get a handle on your to-do list and bursting-at-the-(cyber)seams inbox.