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Nov 24, 2014
   
Nov 24, 2014
Updated 3 hours ago Trade and Industry Minister Dr Rob Davies has approved the new Medium and Heavy Commercial Vehicles – Automotive Investment Scheme (MHCV-AIS) guidelines aimed at stimulating investment into the production of these vehicles in South Africa. The MHCV-AIS, which was a...
Nov 24, 2014
Updated 13 minutes ago Much like South Africa was seen as an automotive hub, white appliance manufacturer Defy aimed to establish the country as a hub for the export of white appliances, Koc chairperson Mustafa Koc said on Monday. As Koc subsidiary Arcelik Group leveraged its $324-million...
Nov 24, 2014
Updated 1 hour 21 minutes ago Global law firm Baker & Mackenzie partner Paul Curnow believes South Africa holds significant upside potential for manufacturers and developers of commercial rooftop solar photovoltaic (PV) projects, as these players would be able to bypass often protracted...
Nov 24, 2014
Outgoing VWSA MD David Powels
Updated 1 hour 17 minutes ago Volkswagen South Africa (VWSA) has named engineer and Volkswagen Group (VWAG) foreign plants production head Thomas Schäfer as its new MD, following the planned deployment of current MD David Powels as president of VW Brazil, from February next year. Schäfer had been...
Nov 24, 2014
Former Reunert CEO Boel Pretorius
Updated 17 minutes ago South African radar company Reutech Radar Systems (RRS) is planning to develop new products next year, while remaining focused on its core businesses. "This is to maintain our momentum in both the defence and commercial markets," RRS CEO Carl Kies told Engineering...
Nov 24, 2014
Updated 4 hours ago South Africa’s rail network fell victim to a total of 4 703 separate “security-related incidents”, which largely comprised acts of vandalism and theft, in the 2013/14 financial period – denoting a 14% jump in the number of similar occurrences in the prior year, the...
Nov 24, 2014
Updated 7 hours ago The Right2Know Campaign (R2K) and the South African History Archive (SAHA) will on Monday argue for the police to reveal South Africa's National Key Points in the High Court in Johannesburg. "We believe this basic transparency is an important step in countering the...
Nov 24, 2014
Updated 5 hours ago The DA on Sunday called on South African Airways (SAA) to suspend its acting chief executive Nico Bezuidenhout pending the outcome of an inquiry into his appointment. "Reports today confirm that Bezuidenhout has misled SAA and does not hold a BCom degree or an MBA as...
 
Nov 24, 2014
Updated 3 hours ago Independent power producer Ipsa has missed a November 21 deadline to pay Ethos Energy Italia – formerly Turbocare – an initial €3-million payment as part of a dispute settlement reached last month in relation to the sale and purchase agreements and refurbishment...
Nov 24, 2014
Updated 35 minutes ago The Parliamentary Portfolio Committee on Labour would, this week, interact with steel- and mineworkers on the national minimum wage during the second leg of its public hearing process. The first leg of hearings took place in the Western Cape earlier this month where...
Nov 24, 2014
International Relations and Cooperation Minister Maite Nkoana-Mashabane
Updated 5 hours ago Germany has committed to provide nearly R1-billion to South Africa for various joint projects, the German embassy said on Friday. "A total of €72.5-million, nearly R1-billion, were committed by Germany to the government of South Africa for development cooperation,"...
Nov 24, 2014
Updated 3 hours ago Electrical, instrumentation and control engineering firm Proconics has concluded a deal that will see private equity newcomer Dlondlobala Capital taking up a 26% stake in the 19-year-old company. “Proconics is committed to meeting the compliance and legislative...
Nov 24, 2014
Updated 58 minutes ago Signatories to the Climate Investment Funds’ (CIF’s) mandate last week agreed to invite a group of new pilot nations to come forward and develop Strategic Programs for Climate Resilience under its Pilot Program for Climate Resilience (PPCR). The African Development...
Nov 24, 2014
Updated 1 hour 25 minutes ago Ghana's government has given Italian energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points (OCTP) block, expected to begin production in 2017, it said on Monday. The government, hoping to boost oil and gas production, said...
Nov 24, 2014
Updated 5 hours ago Egypt will use machines made by a German firm to bore at least four tunnels under the Suez Canal, part of an $8-billion project to expand the waterway that the government hopes will raise revenues and foreign currency reserves. Unlisted Herrenknecht AG was discussing...
Nov 24, 2014
Updated 7 hours ago Creamer Media’s Coal 2014 report examines South Africa’s coal industry amid the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the market, as...
 
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