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Feb 09, 2016
Standard Bank economist Goolam Ballim
   
Standard Bank economist Goolam Ballim estimates that Finance Minister Pravin Gordhan has a yearly funding gap of between R30-billion and R50-billion to close through a combination of expenditure cuts and tax hikes in his upcoming Budget in order to stave off a...
 
Feb 09, 2016
Trade and Industry Minister Dr Rob Davies
An extensive feasibility study of fuel cells has been launched in South Africa in a bid to make the most of South Africa’s vast platinum resources. If successful, Isondo Precious Metals (IPM) believes the manufacturing of fuel cell components could be up and running...
Feb 09, 2016
IPM CEO Vinay Somera
Isondo Precious Metals (IPM) has acquired the rights to manufacture, use, market and sell licensed fuel cell components worldwide, using a portfolio of membrane-electrode assembly and membrane design, formulation and manufacturing technology. The South African...
Feb 09, 2016
The first Gibela train on its way to Wolmerton
Gibela CEO Marc Granger is positive the R51-billion deal that will see the Alstom-led consortium supply 600 new trains, up to 2027, to the Passenger Rail Agency of South Africa (PRASA), will move ahead swiftly this year. Up to the end of last year, Gibela awaited the...
Feb 09, 2016
Business and government have to start working together more to promote investment, President Jacob Zuma said on Tuesday. Addressing CEOs and business leaders in Cape Town, he said the country had a lot of positive attributes, but that the short-term economic outlook...
Feb 09, 2016
Much Asphalt has completed the acquisition of SprayPave, following Competition Commission approval for the transaction, says Much Asphalt MD Bennie Greyling. Much Asphalt is South Africa’s largest manufacturer of asphalt products. The company’s acquisition of...
Feb 09, 2016
Telecommunications provider Vumatel has temporarily halted digging activity in Blairgowrie to secure cable locators that will assist the contractors in pinpointing the exact location of power utility City Power’s electricity cables. The area had been experiencing...
Feb 09, 2016
South Africa- and Botswana-based research institutions have teamed up to research dynamic spectrum access and the sharing of television (TV) band frequencies using a TV white space (TVWS) experimental network. South Africa’s Council for Scientific and Industrial...
Feb 09, 2016
 
Feb 09, 2016
While international companies are keen to invest in South Africa, they are unable to meet the conditions of employment that have been extended to non-parties, forming part of a myriad of reasons why the the Free Market Foundation (FMF) is challenging the current...
Feb 09, 2016
Exxaro Resources CEO designate Mxolisi Mgojo
All stakeholders should recommit to the development of the Waterberg coalfields in tandem with neighbouring Botswana in order to unlock the entire region’s coal potential and improve transport economics, Exxaro Resources CEO designate Mxolisi Mgojo urged on Tuesday....
Feb 09, 2016
Randgold CEO Mark Bristow
Mining companies owed it to their host countries and their shareholders to invest in the troughs so that they could reap the benefits in the peaks, Randgold Resources CEO Dr Mark Bristow said on Tuesday. Speaking during a panel discussion at the 2016 Investing in...
Feb 09, 2016
M&R Cementation business development executive Allan Widlake
Underground mining services company Murray & Roberts (M&R) Cementation, together with Enterprise Generale Malta Forrest SA (EGMF), will be setting up a joint company in the Democratic Republic of Congo (DRC) to serve the mining industry in central Africa....
Feb 09, 2016
Former Zimbabwe Finance Minister Tendai Biti
Mining needs to be reinvented as a mutually transformative win-win for countries and companies to put an end to the resource curse, which has destroyed the collective creativity of resource-rich economies, causing them to fall behind their resource-poor counterparts,...
Feb 09, 2016
The Department of Cooperative Governance and Traditional Affairs (Cogta) in the Free State is confident there will be no electricity cuts in the province, despite municipalities owing Eskom R842-million. This after Eskom said if Free State municipalities did not...
Feb 09, 2016
To provide drinking water to urban areas in Swaziland, the African Water Facility (AWF) has granted the enclave country €1.28-million to finance feasibility studies for a multipurpose dam on a tributary of its Lusushwana river. The Nondvo dam project was expected to...
Feb 09, 2016
Etisalat Nigeria has filed a court case against rival MTN over the use of a new frequency band which MTN acquired when it bought internet provider Visafone, it said on Monday. South Africa's MTN bought the privately held Nigerian firm Visafone last month to improve...
 
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