ELECTRICITY SUPPLY
Eskom reports maintenance progress as big users express concern
Updated 7 hours ago
By: Terence Creamer
South Africa’s Energy Intensive User Group (EIUG) has raised concerns that, despite lower than expected electricity demand and power buy-backs, electricity utility Eskom is failing to fully deal with its maintenance backlog, which could jeopardise security of supply should demand begin to pick up.
Speaking at a South African National Energy Association event on Tuesday,... Full Article
Published: 16th May 2012, 15:30
AVIATION
Discussions ongoing on ‘vital’ support for SAA - Gigaba
Updated 6 hours ago
Shareholder support for South African Airways (SAA) to procure a modern and fuel-efficient fleet was vital for its future competitiveness, Public Enterprises... Full Article
AUTOMOTIVE
Automotive investments steadily increasing – Naamsa
Updated 7 hours ago
The automotive industry was to poised spend over R5-billion in capital expenditure (capex) during 2012, the National Association of Automobile Manufacturers... Full Article
CONSTRUCTION
SA mulls new prison-building plan in wake of cancelled PPPs
Updated 6 hours ago
Cancelling public-private partnership (PPP) procurement does not exclude building new prisons, Correctional Services Minister Nosiviwe Mapisa-Nqakula said on... Full Article
water
Water boards owed R1.1bn – Molewa
Updated 6 hours ago
Municipalities owe South Africa's water boards R1.1-billion, Water Affairs Minister Edna Molewa said on Wednesday.
Briefing the media at Parliament ahead of... Full Article
RAIL ENGINEERING
TRE’s Salt River facility eyes return to glory days on big rail investment
Transnet Rail Engineering (TRE’s) Salt River railway plant in Cape Town, which celebrated 150 years of operation this week, could play an important... Full ArticleCREDIT RATINGS
South African banks plan cuts rating risk - Moody's
Updated 6 hours ago
The creation of a liquidity pool which South African banks can tap to meet the global industry's new Basel III regulatory requirements relieves the... Full Article
FINANCIAL RESULTS
South America drives Datatec growth as Europe lags
JSE-listed information and communications technology group Datatec on Wednesday reported improved financial results for the year ended February 2012, as... Full ArticleTELECOMMUNICATIONS
ACTowers restructures R99m IDC funding
Updated 6 hours ago
AltX-listed Africa Cellular Towers (ACTowers) on Wednesday announced that an in-principle agreement was reached with the Industrial Development... Full Article
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