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Jan 30, 2015
Gauteng Premier David Makhura and JSE CEO Nicky Newton-King after a meeting with JSE-listed companies on Friday
   
Updated 3 hours ago Gauteng Premier David Makhura has promised to outline a comprehensive energy plan in his upcoming State of the Province address, acknowledging that without direct interventions to bolster security of electricity supply the province’s industrialisation vision could be...
 
Jan 30, 2015
Updated 39 minutes ago Despite facing what CEO Graham Dunford describes as the company’s most difficult year yet, Hudaco Industries is optimistic of maintaining the momentum it built up in the last four months of 2014 well into this year. During 2014, Hudaco had been negatively impacted by...
Jan 30, 2015
An Airbus A400M (with a Cessna Citation business jet in the foreground)
Updated 4 hours ago Yet further delays in the production and delivery schedules for the Airbus A400M military airlift and air-to-air refuelling aircraft have led to a major shake-up at Airbus Defence and Space, the Airbus Group company responsible for the aeroplane. The changes were...
Jan 30, 2015
Updated 17 minutes ago Certain regulatory approvals remain outstanding in Telkom’s proposed R2.67-billion takeover of JSE-listed Business Connexion (BCX), the parties said in an update to shareholders on Friday. BCX noted in the statement that the Competition Authority of Botswana had...
Jan 30, 2015
Hulamin CEO Richard Jacob
Updated 1 hour 44 minutes ago Richard Jacob will return as CEO of JSE-listed Hulamin following a medical leave of absence. Jacob took medical leave in July last year.
Jan 30, 2015
Updated 6 hours ago US energy firm Chevron will shut down its 100 000 bl/d South African oil refinery in Cape Town from February 13 to March 31 for routine maintenance and safety inspections, the company said on Friday. "Chevron has made contingency plans to mitigate potential...
Jan 30, 2015
Updated 18 minutes ago The retail price of 95-grade petrol in South Africa will drop by 93c/ℓ or 8.3% from next Wednesday, while wholesale diesel price will decrease by 9.9%, the government said on Friday. Petrol will now cost R10.31 (nearly $1) a litre while the new wholesale diesel price...
Jan 30, 2015
Updated 1 hour 2 minutes ago South African generator set (genset) designer and manufacturer Diesel Electric Services (DES), has contracted a permanent, high-pressure gas connection that would allow it to test natural gas-powered engines with greater flexibility. The connection would give DES...
Jan 30, 2015
Updated 6 hours ago Days of rolling blackouts this week have blighted South African society and business, and they face an increasing number of outages in years to come. But the alternative, a grid collapse, could be catastrophic. Bordered by tiny, war-scarred or impoverished states...
 
Jan 30, 2015
Updated 1 hour 16 minutes ago Commenting in his capacity as chairperson of the Presidential Infrastructure Championing Initiative (PICI), President Jacob Zuma this week provided an update on the progress of several cross-border and regional infastructure projects championed by the heads-of-State...
Jan 30, 2015
Updated 7 hours ago Petrochemicals giant Sasol, which typically incinerates its waste sludge streams or sends them to hazardous waste sites, is increasing its use of composting to treat these streams at its Secunda plant, in Mpumalanga, reducing transportation and disposal costs, as...
Jan 30, 2015
Updated 1 hour 50 minutes ago Food affordability improved in nearly 75% of countries from September to November 2014, largely owing to a 2.8% decline in global food prices, which are forecast to fall further still. This is according to the results of the Economist Intelligence Unit’s (EIU’s)...
Jan 30, 2015
Updated 7 hours ago Governments from Mongolia to Nigeria are creating new forms of insurance to protect the developing world's small farmers, who are suffering especially badly from extreme weather events made worse by global warming, a new study said. Obstacles like poor infrastructure...
Jan 30, 2015
Updated 4 hours ago An 8.5 MW solar field due to be officially launched in Rwanda next week, is set to boost the Central African State’s energy generation capacity by 6%, solar project developer Gigawatt Global has revealed. The landmark $23.7-million project is built on land owned by...
Jan 30, 2015
Updated 5 hours ago Ghana's new oilfields are on schedule to start production next year as development has passed the half-way stage, lead operator Tullow Oil said on Thursday. The offshore Tweneboa, Enyenra and Ntomme (TEN) project, which will have a peak production capacity of 80 000...
Jan 30, 2015
Updated 5 hours ago Kenya's government will inject 500-million shillings ($5.5-million) to bail out cash-strapped Mumias Sugar, Felix Koskei the agriculture minister said. The cash is meant to help turn around struggling Mumias, which accounts for close to a third of Kenya's annual...
Jan 29, 2015
Foreign direct investment (FDI) inflows to Africa fell by 3% to around $55-billion in 2014, amid an 8% fall in global inflows to an estimated $1.26-trillion, from $1.36-trillion in 2013. In its Global Investment Trends Monitor, the United Nations Conference on Trade...
 
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