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Oct 30, 2014
Outgoing Reserve Bank Governor Gill Marcus
   
Updated 4 hours ago South Africa's central bank defended its inflation targeting policy on Thursday, saying it had helped reduce price pressures and contributed to more favourable economic growth. Governor Gill Marcus, whose five year term in office will end on Nov. 8, told a conference...
 
Oct 30, 2014
Updated 4 hours ago Ratings agency Fitch has affirmed energy utility Eskom’s long-term local currency Issuer Default Rating at ‘BBB+’, with a ‘negative’ outlook. Fitch said in a statement that government’s indication of support to the utility through a R350-billion Guarantee Framework...
Oct 30, 2014
Johannesburg CBD
Updated 3 hours ago JSE-listed Octodec’s absorption of Premium Properties provided the scale for the enlarged company to embark on bigger, higher-yielding property developments, attract better financing options and continue its ambitions of revitalising properties within Gauteng’s...
Oct 30, 2014
Updated 2 hours 48 minutes ago AltX-Listed Huge Group on Thursday said it had secured a loan agreement that would enable the funding of the company’s significant growth. In a statement to shareholders, Huge Group said that, following a “high level of interest” from debt finance providers, wholly...
Oct 30, 2014
Updated 3 hours ago The team of engineers that delivered the Jeffreys Bay wind farm have been shortlisted for an international engineering award.  Professional body Engineers Ireland announced the six shortlisted engineering projects in the running for the national title of ‘Engineering...
Oct 30, 2014
Herman Burger, Madeleine du Toit and Corney van Rooyen
Updated 3 hours ago A high-standard technical paper, titled ‘Laser metal deposition microstructure of modified low-C martensitic stainless steel’, has secured two Council for Scientific and Industrial Research (CSIR) metallurgists and a University of Pretoria (UP) professor the...
Oct 30, 2014
Updated 3 hours ago The Paledi Mall, in the Limpopo town of Mankweng, has opened its doors to shoppers after undergoing a R282-million refurbishment. The community shopping centre, which was partly financed by a R125-million loan provided by Nedbank Corporate Property Finance to...
Oct 30, 2014
Mossel Bay harbour
Updated 1 hour 21 minutes ago The National Ports Authority (NPA) has taken steps to ensure the Ebola virus disease does not enter South Africa through one of its main harbours, Public Enterprises Minister Lynne Brown revealed on Thursday. "As of September 23, all vessels [from certain countries]...
Oct 29, 2014
Construction of the Bio2Watt biogas plant
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.
 
Oct 29, 2014
Oct 29, 2014
Article contains comments
Oct 29, 2014
Article contains comments
State-owned power utility Eskom on Wednesday warned of possible rotational loadshedding as “technical problems” further strained an already tight national grid. The utility, which had called on industrial customers, as well as consumers, to cut back 10% of their...
Oct 29, 2014
Industry proponents at the Southern Africa Solar Thermal and Electricity Association-hosted concentrated solar power (CSP) leadership dialogue on Wednesday moved to build a case for the application of CSP technology to complement South Africa’s energy mix shift and...
Oct 29, 2014
The power was ultimately in the hands of each individual African country to take control of its destiny, as the US had done, US Secretary of Treasury Jacob Lew said on Wednesday. Addressing delegates at the Gordon Institute of Business Science (Gibs), in Sandton, he...
Oct 29, 2014
Article contains comments
SACP deputy general secretary Jeremy Cronin
Capital flight is the biggest impediment to radical economic transformation and is a bigger problem even than corruption, SA Communist Party deputy general secretary Jeremy Cronin said on Wednesday. Cronin and SACP general secretary Blade Nzimande released the SACP's...
Oct 29, 2014
Chamber of Mines acting CEO Roger Baxter
South Africa’s mining industry will continue to evolve over the coming decades, eventually transitioning into a mechanised, modernised and automated industry staffed by a highly skilled, well paid and lithe workforce, Chamber of Mines acting CEO Roger Baxter said on...
Oct 29, 2014
Independent power producer Ipsa on Wednesday settled its dispute with Turbocare related to the sale and purchase agreements and refurbishment agreement for the Siemens Westinghouse 701DU turbines Ipsa bought in 2007. In terms of the agreement, Ipsa would pay...
 
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