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Feb 27, 2015
   
Gas has the potential to account for more than 40% of the electricity generated in sub-Saharan Africa (SSA) from 2020 onwards, a new report by McKinsey & Company shows, adding that, by 2040, gas-fired capacity could be responsible for more than 700 terawatt-hours in...
 
Feb 27, 2015
The local truck assembly industry does not fare as badly as widely perceived in terms of the local content on heavy vehicles produced in South Africa, says Daimler Trucks and Buses executive director Kobus van Zyl. Despite the fact that truck tractors are assembled...
Feb 27, 2015
The Gauteng Provincial Government has outlined plans to develop a handful of “mega” human settlements as part of an ambitious long-term housing development strategy aimed at narrowing the housing backlog, with plans afoot to replace informal settlements with...
Feb 27, 2015
Eskom power stations
While State-owned power utility Eskom was unable to cut off electricity supply to some of its neighbouring trade partners, it was able to reduce energy exports by 10% when load shedding was implemented locally. The Department of Public Enterprise explained that Eskom...
Feb 27, 2015
The Transnet National Ports Authority (TNPA) was committed to spending R17-billion on infrastructure upgrades at the Port of Durban by 2023. In a briefing on current projects that had begun or were about to get under way at the port, Port of Durban manager Moshe...
Feb 27, 2015
Finance Minister Nhlanhla Nene
While the new tax introductions and hiked levies outlined in Finance Minister Nhlanhla Nene’s inaugural budget speech this week were likely to hit consumers hard, it was deemed the most efficient option for government to narrow its fiscal gap without hurting South...
Feb 27, 2015
More than a century following the invention of the automobile, the horseless carriage continues to evolve. Following an array of developments over the years, such as power steering, run-flat tyres, turbo engines, windscreen wipers, air conditioning, radio and music...
Feb 27, 2015
Daihatsu is set to cease distribution in South Africa. The range on sale domestically comprises the Sirion hatchback, Terios small sports-utility vehicle and Gran Max bakkie.
Feb 27, 2015
The US and five East African countries pledged on Thursday to ease trade flows and set the stage for more US investment, a program that could be extended to other parts of Africa. The agreement commits Tanzania, Kenya, Uganda, Rwanda and Burundi to cooperate with the...
 
Feb 27, 2015
Property management company Citiq has officially opened its Umhlanga Junction Extension, a 75-bed student apartment block, in Brixton, built entirely from shipping containers. Situated in Caroline Street, the striking building was erected within two months. “We...
Feb 27, 2015
Sleeping Swaziland
Celebrated international designers are collaborating with South African crafters and designers at Africa’s international design fair, GUILD, in Cape Town. The fair, currently on at the Victoria and Alfred Waterfront, is considered a fillip for South African...
Feb 27, 2015
Energy Minister Tina Joemat-Pettersson
Greenpeace has filed papers in the High Court in Pretoria to try and compel Energy Minister Tina Joemat-Pettersson to update the country's nuclear liability regulations, it said on Friday. The fact that the South African government was pushing ahead with...
Feb 27, 2015
No blackouts were scheduled for Friday, Eskom said. "The system is collectively stable at the moment with a medium to high possibility of load shedding. The reason being we still have not recovered some of the generating units down for maintenance," spokesperson...
Feb 27, 2015
This year, as well as 2016, present significantly difficult seasons for South Africa, as expected poor summer crops will impact negatively on the agriculture sector, with basic food products forecast to be “very expensive” for consumers. South Africa’s maize crop...
Feb 27, 2015
Foreign direct investment in South Africa this year is likely to scale down as a result of dampened investment appetite, exacerbated by a lack of policy certainty, South African-Germany Chamber of Commerce (SAGCC) CE Matthias Boddenberg told Engineering News Online....
Feb 27, 2015
China’s investment in African resources remains at a relatively early stage and is likely to increase further over the next decade, despite the economic slowdown in the world’s second-largest economy, reports South African financier Standard Bank. China’s economy...
Feb 27, 2015
JSE-listed Reunert on Friday announced that its CFO Manuela Krog had resigned and that outgoing Afrox FD Nick Thomson had been appointed as CFO and FD. Krog, who resigned to spend more time with her family, would step down as CFO on March 31, but would continue to...
 
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