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Mar 02, 2015
   
Updated 1 hour 31 minutes ago State-owned freight logistics group Transnet confirmed on Monday that it had received the backing of leading American and Canadian development funding agencies for its purchase of more than 500 diesel and electric locomotives from General Electric and Bombardier...
 
Mar 02, 2015
Updated 3 hours ago State-owned electricity utility Eskom announced that first power was produced at 11:03 on Monday March 2, 2015, from Medupi Unit 6, marking a major milestone for the coal-fired power station project, which has been plagued by delays and cost overruns associated with...
Mar 02, 2015
Economic Development Minister Ebrahim Patel
Updated 34 minutes ago The Department of Economic Development, together with Spanish solar company Abengoa and the Industrial Development Corporation on Monday launched a 100 MW concentrated solar power (CSP) park, about 60 km outside Pofadder, in the Northern Cape. Speaking to journalists...
Mar 02, 2015
Mar 02, 2015
Updated 6 hours ago The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) fell by a steeper-than-expected 6.6 index points to 47.6 in February, driven chiefly by a 16.2-point decline in the business activity index (BAI) to 45.5. While January’s figure was “artificially high”,...
Mar 02, 2015
Updated 46 minutes ago Domestic new vehicle sales in February increased by 1.1%, to 52 368 units, compared with the same month last year. Statistics released by the Department of Trade and Industry on Monday show that new passenger car sales grew by 1.5% in February, to 34 909 units.
Mar 02, 2015
Updated 43 minutes ago South Africa could face another delay in its already years-delayed digital migration project if government adopted the much-disputed conditional access (CA) for the set-top boxes (STBs) required to intercept digital broadcasting frequencies. Emerging black-owned...
Mar 02, 2015
Updated 6 hours ago Infrastructure supply group Accéntuate said on Monday that it had recovered well from the “severe impact of the National Union of Metalworkers of South Africa (Numsa) strike in July”, to produce “pleasing results” for the six months ended December 31. “Trading for...
Mar 02, 2015
CEO Brian Joffe
Updated 1 hour 26 minutes ago International investment holding company Bidvest has lifted headline earnings a share by 5.2% to 886.3c for the six months ended December 31, helped by an “excellent” contribution from the group’s Foodservice business and positive currency effects. Bidvest CEO Brian...
 
Mar 02, 2015
Updated 1 hour 10 minutes ago The development of the 64-dish MeerKAT array radio telescope is a strategic infrastructure project and forms part of efforts to transform the South African economy, specifically through the development of human capital, Deputy President Cyril Ramaphosa said on...
Mar 02, 2015
Updated 5 hours ago Unconventional gas explorer Challenger Energy expects to hear by the third or second quarter of this year whether its subsidiary, Bundu Gas and Oil Exploration, will be allowed to explore for shale gas in South Africa’s Karoo basin. The ASX-listed company confirmed...
Mar 02, 2015
Updated 2 hours 43 minutes ago City Power, the City of Johannesburg’s electricity utility, has spent more than R267-million over the past four years to replace low voltage copper overhead power lines (LV), it said on Monday. The LV lines with aerial bundle conductors (ABC) will reduce power...
Mar 02, 2015
Updated 6 hours ago There is a moderate chance that rolling blackouts may be implemented this week, power utility Eskom said on Monday. "The system is currently constrained but stable. One could say there is a 50:50 chance of implementing load shedding," spokesperson Khulu Phasiwe said.
Mar 02, 2015
Updated 1 hour 32 minutes ago Uncertainty as to how much new nuclear power plant (NPP) programmes will cost, in countries where there have not been any recent such programmes, is driving up cost estimates by authorities and agencies fearful of underestimating these costs. This was noted by World...
Mar 02, 2015
Updated 4 hours ago Worldwide, the nuclear industry would benefit if it was possible to develop closer cooperation between national regulatory authorities and between them and the industry itself, as is the case with the aviation industry. This was affirmed by World Nuclear University...
Mar 02, 2015
Updated 1 hour 6 minutes ago South Africa could see food shortages in the next ten years as the country’s commercial farmers, with an average age of 62, start to retire and the new crop of farmers entering the sector are unable to fill the void, placing considerable pressure on the nation’s...
Mar 02, 2015
Updated 43 minutes ago JSE-listed real estate investment trust Dipula Income Fund has entered into agreements to acquire the Umzimkhulu Shopping Centre, in KwaZulu-Natal, as well as the Corporate Industrial Park, in Polokwane, from two different vendors for R336-million. The industrial...
 
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