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Mar 27, 2015
Eskom CEO Tshediso Matona
   
Updated 3 hours ago Eskom CEO Tshediso Matona's challenge to his suspension was struck from the roll at the Labour Court in Johannesburg on Friday. "The application is struck from the roll," Judge Benita Whitcher said.
 
Mar 27, 2015
Updated 5 hours ago A challenging construction sector, difficult contractual environment and poor operational performance have contributed to JSE-listed construction company Basil Read reporting an R820.9-million aftertax loss for the year ended December 31, 2014. “Lossmaking contracts...
Mar 27, 2015
Updated 2 hours 35 minutes ago Talks over a proposed merger between heavyweight South African cement producers Afrisam and PPC have collapsed, after the parties were unable to reach consensus on the terms of the deal. AfriSam made a nonbinding, conditional proposal to PPC on December 10 for a...
Mar 27, 2015
Updated 3 hours ago President Jacob Zuma has appointed South African Reserve Bank (SARB) adviser and Monetary Policy Committee member Kuben Naidoo as SARB deputy governor, following the promotion of former incumbent Lesetja Kganyago to SARB governor in November. Naidoo, who will take up...
Mar 27, 2015
Updated 6 hours ago About 1 000 workers at the construction site of South Africa's Eskom Medupi power plant have been fired for vandalising property during this week's one-day strike, the power utility's spokesperson said on Friday. About 21 000 contract workers went on a one-day strike...
Mar 27, 2015
Updated 5 hours ago There is a high possibility of rolling blackouts on Friday, Eskom said on its Twitter account. "The load shedding prognosis today [Friday] remains high and is dependent on the performance of the power plant," the power utility tweeted.
Mar 27, 2015
Updated 28 minutes ago The Vans division of Mercedes-Benz will launch a midsize pickup before the end of the decade, the German manufacturer announced on Friday. “The Mercedes-Benz pickup will contribute nicely to our global growth targets,” says Dr Dieter Zetsche, chairperson of the...
Mar 27, 2015
Updated 3 hours ago The agricultural sector has a key role to play in a green economy, which incorporates both an environmental and social dimension, notes Council for Scientific and Industrial Research (CSIR) senior researcher and/or leader of the Agricultural Green Economy Project Dr...
Mar 27, 2015
Updated 7 hours ago Government continues to stress the importance of the agroprocessing agenda in an attempt to bolster economic growth and job creation, while also securing South Africa’s future food requirements in an economy that fell short of its growth target in 2014, achieving...
 
Mar 27, 2015
Updated 1 hour 7 minutes ago JSE-listed Delta Properties received bids of about R523-million for the bookbuild it launched on Tuesday. The company had set out to raise R400-million and accepted bids of R503-million.
Mar 27, 2015
Updated 5 hours ago Big cities across the world struggle with crime, and Zimbabwe’s Harare is no exception. Naison Gumpo, a journalism student studying in the capital, knows this only too well.
Mar 27, 2015
Updated 2 hours 47 minutes ago The Sustainable Energy Fund for Africa (Sefa) has approved a $780 000 preparation grant for the phase one development of the 40 MW Starsol solar photovoltaic plant, in Chad, which will become the first independent power producer (IPP) scheme to be connected to the...
Mar 27, 2015
Updated 4 hours ago The leaders of five East African countries went on a charm offensive on Thursday to lure investors for a massive plan to upgrade infrastructure in the region that has made big hydrocarbon discoveries. Tanzania, Kenya, Uganda, Rwanda and Burundi, whose combined...
Mar 27, 2015
Lynne Brown
Updated 13 minutes ago Power utility Eskom has implemented regular power cuts this year to prevent the national grid being overwhelmed, as South Africa faces its worst energy crisis in decades, Public Enterprise Minister Lynne Brown said earlier this week, adding that power outages cost...
Mar 27, 2015
Mar 26, 2015
Article contains comments
The presidency on Thursday said it would not entertain what it called rumours and gossip about operations at Eskom. "President Jacob Zuma has been kept fully briefed about the developments at Eskom and the attempts being made by the Minister of Public Enterprises, Ms...
Mar 26, 2015
 
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