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May 29, 2015
   
The head of the European Union (EU) Delegation to South Africa, Ambassador Roeland van de Geer, expects a quieter year in relations between the 28-member-country bloc and South Africa, following an action-packed and, at times, tempestuous 2014. Besides a high-profile...
 
May 29, 2015
While transformational efforts have succeeded in boosting black representation at a managerial level in the metals and engineering sector, these individuals appear to stagnate in middle management positions rather than progressing to senior or top management...
May 29, 2015
There are growing indications that the South Africa government is seeking to change gears in the area of black economic empowerment (BEE), with the departments of Trade and Industry (DTI) and the Economic Development planning to leverage public procurement, incentive...
May 29, 2015
Shares in AltX-listed Ansys surged nearly 9% on Friday after the Centurion-headquartered information technology firm successfully broke out of the red for the first time in two years and delivered triple-digit increases in its financial performance for the 2015...
May 29, 2015
Eskom acting CEO Brian Molefe
South Africans could be living without load shedding this winter, if acting Eskom CEO Brian Molefe gets his way. Speaking at the launch of the Transnet Development Hub on Friday, Molefe said planned maintenance was mostly completed and so the utility was able to...
May 29, 2015
South Africa's power utility Eskom said on Friday all but three of the top 20 defaulting municipalities had settled their outstanding dues and that the debtors still face electricity cuts next week. The cash-strapped utility did not specify which municipalities had...
May 29, 2015
All grades of petrol will increase by 47c/ℓ on Wednesday, the Department of Energy announced on Friday. The reef price for unleaded 93 and LRP petrol was currently standing at R12.61/ℓ, while unleaded 95 cost R12.89/ℓ.
May 29, 2015
While a healthy appetite for investment in government’s infrastructure development programme existed among international and domestic providers of capital, policy coherence, a clear roll-out strategy and a champion in government were critical to triggering this...
May 29, 2015
Under the auspices of the World Economic Forum (WEF) on Africa, being held in Cape Town from June 3 to 5, South Africa will reiterate its stance that it is open for business, showcasing what it has to offer other countries and global business. The event, which would...
 
May 29, 2015
South Africa recorded a trade deficit of R2.51-billion ($207-million) in April from a revised shortfall of R9-million in March, data from the revenue agency showed on Friday. Exports fell by 7.5% to R84-billion, while imports were down 4.8% to R86.5-billion on a...
May 29, 2015
Ian Kirk
Just 8% of South Africa’s land area provided 50% of the country’s surface water and the country could be on the cusp of a drought, Worldwide Fund for Nature South Africa (WWF-SA) Freshwater Programme head Christine Colvin warned at a Power of Partnerships seminar in...
May 28, 2015
The Lesotho Highlands Development Authority (LHDA) has appointed three consultants for work packages as part of Phase 2 of the Lesotho Highlands Water Project (LHWP). The contracts, worth a collective M40-million, were awarded to the SMEC-FMA joint venture (JV);...
May 29, 2015
South African pump manufacturer Hazleton Pumps International took top honours in the Most Innovative Company and Customer Service of the Year categories of the Steel and Engineering Industries Federation of Southern Africa’s (Seifsa’s) Awards for Excellence, on...
May 29, 2015
JSE-listed Tower Property Fund has acquired the Link Hills Shopping Centre, in Waterfall, KwaZulu-Natal for R160.9-million from The Sabre Trust and Matlu Family Trust. The shopping centre, on Inanda Road, was situated in an upper-high-growth residential area, next to...
May 29, 2015
Fifteen years after the United Nations agreed on the Millennium Development Goals (MDGs), much progress had been made in the development of information and communications technology (ICT) worldwide. However, much more progress was needed to ensure that the...
May 29, 2015
The latest product of global major airliner manufacturer Airbus, the A350-900, is now in production ramp up phase, following its entry into service last year with launch customer Qatar Airways. And the company is now preparing for the introduction of the next version...
May 29, 2015
Major global aircraft manufacturer Airbus Commercial Aircraft is maintaining a steady course. "I don't have any big news, good or bad," company President and CEO Fabrice Bregier told international aviation journalists in Toulouse, France, on Thursday. "We're in...
 
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