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Feb 10, 2016
   
With confirmation that government and the steel industry are close to finalising a package of measures designed to preserve the future of the embattled primary steel sector, there are concerns that domestic steel consuming industries could be squeezed between...
 
Feb 10, 2016
South Africa increased its installed wind-energy capacity to above 1 GW last year, new Global Wind Energy Council (GWEC) figures show, making it the largest wind-energy producer in Africa, followed by Morocco, whose installed capacity stood at 787 MW in 2015. South...
Feb 10, 2016
Craig Uren
The price of a new truck in South Africa will probably increase by around 10% in the first half of this year, estimates Isuzu Truck South Africa (ITSA) director and COO Craig Uren, with another 5% possible in the second half of 2016. These general price increases are...
Feb 10, 2016
President Jacob Zuma
Addressing economic concerns and unveiling the policy imperatives of government should be a top priority for this year’s State of the Nation Address (Sona), the South African Chamber of Commerce and Industry (Sacci) said in a statement on Wednesday. Speaking ahead of...
Feb 10, 2016
The Tshwane Metropolitan Police Department (TMPD) took delivery on Wednesday of three RG-12 Nyala armoured internal security vehicles from manufacturer Denel Land Systems. The ceremony took place at TMPD headquarters in Pretoria West. (The metropolitan city of...
Feb 10, 2016
Steel producer Evraz Highveld Steel and Vanadium announced on Wednesday that the Department of Labour had put a “pause” to Training Layoff Scheme (TLS) payments in response to confirmation that the proposed sale of the business to International Resources Limited...
Feb 10, 2016
Amid declining nuclear costs, more nuclear power stations are being constructed now than in any other time in history, according to Australian energy major Peninsula Energy Limited (PEN) CEO Gus Simpson. Addressing delegates at the 2016 Investing in African Mining...
Feb 10, 2016
Trade union Solidarity on Wednesday called on Public Protector Thuli Madonsela to investigate South Africa’s State-owned defence industrial group Denel’s new joint venture (JV) Denel Asia’s link to the Gupta family. The JV, established in Hong Kong in partnership...
Feb 10, 2016
Sappi CEO Steve Binnie
Pulp and paper manufacturer Sappi’s continued strong recovery has flowed into the 2016 financial year, with the group posting a surge in profit for the three months to December 31. Profit for the first quarter of the new financial year increased to $75-million –...
 
Feb 10, 2016
After bouncing back into the black last year, JSE-listed Jasco Electronics has continued its strong performance in the first half of the current financial year on the back of a strong order book and prudent cost management. Headline earnings and headline earnings a...
Feb 10, 2016
About 2 000 workers at LafargeHolcim's South African unit will on Thursday launch an open-ended strike over pay, a labour union said on Wednesday. "The industrial strike would encompass the entire workforce and it will be a total withdrawal of labour by our members...
Feb 10, 2016
Randgold Resources CEO Dr Mark Bristow
The current stressed state of the mining sector was prompting governments and investors to work together to sustain the industry and make it deliver real value for all stakeholders, Randgold Resources CEO Dr Mark Bristow said on Wednesday. Speaking at the 2016...
Feb 10, 2016
Credit Suisse Securities chairperson Rick Menell
Africa was entering a phase of becoming the factory of the world requiring the building of facilitating infrastructure, Credit Suisse Securities chairperson Rick Menell. Speaking  during a panel discussion at the 2016 Investing in African Mining Indaba, Menell...
Feb 10, 2016
Anglo American CEO Mark Cutifani
Anglo American is engaging with its harshest critics because they are often the best people to learn from, Anglo American CEO Mark Cutifani said during a panel discussion at the 2016 Investing in African Mining Indaba. Moderated by International Council on Mining...
Feb 10, 2016
A very serious structural problem is playing itself out in China and not merely a reorienting to a consumption-led economy, says Council on Global Enterprise and Emerging Markets director Dr Harry Broadman. Broadman, who delivered the second keynote address at the...
Feb 10, 2016
French Economy, Industry and Digital Affairs Minister Emmanuel Macron has announced the creation of six new French tech hubs in Cape Town, San Francisco, London, Tokyo, New York and Hong Kong. “I am delighted that Cape Town has been designated as a French tech hub....
Feb 10, 2016
A not-to-scale diagram showing radio waves from the previously hidden galaxies traveling through the Milky Way and being received on Earth by the Parkes telescope
Astronomers from the University of Cape Town (UCT) and the South African Astronomical Observatory (SAAO) have played a leading role in a successful international cooperative programme to locate galaxies hidden on the far side of our own galaxy, the Milky Way. The...
 
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