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Nov 24, 2014
   
Updated 2 hours 47 minutes ago Fourth renewables bid announcement postponed amid third-round closure delay
 
Nov 24, 2014
Nov 24, 2014
Updated 2 hours 35 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 6 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 1 hour 16 minutes ago Increased maintenance costs, poor rolling mill yields and strike action have widened Evraz Highveld Steel’s operating loss, from R149-million in the nine months ended September 30, 2013, to R483-million for the comparative 2014 period. The company added on Monday...
Nov 24, 2014
Updated 3 hours 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
Updated 6 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
Outgoing VWSA MD David Powels
Updated 3 hours 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 2 hours 39 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 5 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 2 hours 57 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
Updated 1 hour 17 minutes ago Energy Minister Tina Joemat-Pettersson has misled Parliament and should be suspended pending an investigation, the DA said on Monday. "Reports indicate that the minister was involved in recommending and appointing Mr Tshepo Kgadima as chairman of the board of...
Nov 24, 2014
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 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 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
International Relations and Cooperation Minister Maite Nkoana-Mashabane
Updated 7 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 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...
 
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