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Sep 19, 2014
   
The National Energy Regulator of South Africa (Nersa) will release a consultation paper in February next year outlining the possible regulatory framework for “distributed power generation” in South Africa, including how “prosumers” could be empowered to feed surplus...
 
Sep 19, 2014
The new Mazda3
Japanese car maker Mazda is investing R150-million in the domestic market as the brand separates from Ford in South Africa. As from October 1, Mazda will no longer be distributed through Ford, but through Mazda Southern Africa (MSA).
Sep 19, 2014
Sacci CEO Neren Rau
The South African Chamber of Commerce and Industry (Sacci) on Friday expressed concern about the marked increase in crimes against business, evident in the 2013/14 crime statistics released by the South African Police Service (SAPS). Sacci CEO Neren Rau said the 13%...
Sep 19, 2014
The Transnet National Ports Authority (TNPA) welcomed the Ports Regulator of South Africa’s decision to switch to a multiyear tariff methodology, TNPA CFO Mohammed Abdul said on Friday, stating that a lack of certainty in prior years had negatively affected TNPA’s...
Sep 19, 2014
Marking one of the biggest private sector-led commercial property developments in Johannesburg’s inner city, property groups Attacq and Atterbury Property Holdings are a week away from the soft launch of the R1.3-billion Newtown Junction mixed-use development, in the...
Sep 19, 2014
President Jacob Zuma would next month officially launch the Dube Tradeport, in Durban, as an industrial development zone (IDZ), the Department of Trade and Industry (DTI) announced on Friday. At the launch event, which was scheduled to take place on October 7, the...
Sep 19, 2014
Oribi
South African specialist mine detection and mine protected vehicle company DCD Protected Mobility unveiled on Thursday its latest product, the Oribi multirole utility truck. This is a joint development with another South African company, vehicle customising...
Sep 19, 2014
The Coega FAW plant
FAW South Africa (FAW SA), a subsidiary of China’s FAW Group, has established a joint venture with the Pamodzi Group, focusing on truck sales in South Africa and other countries in sub-Equatorial Africa. The new company, Pamodzi-FAW, is 51% held by Pamodzi and 49%...
Sep 19, 2014
Zukie Siyotula, Wandile Mseleku and Govert Rietema.
African investment management firm Thebe Investment Corporation has acquired a 15% stake in Burgan Cape Terminals, which was, last year, awarded a 20-year contract by Transnet National Ports Authority (TNPA) to develop and manage fuel storage and distribution...
 
Sep 19, 2014
SCSH CEO Sias Mostert and the CSIR's Laurens Cloete
South Africa's Council for Scientific and Industrial Research (CSIR) has announced that it is partnering with local company Space Commercial Services Holdings Aerospace (SCSH) group to develop a maritime wide-area synthetic aperture radar (SAR) for use by small...
Sep 19, 2014
Although the national Municipal Benchmarking Initiative (MBI) is not intended to be a solution to service delivery problems, it does aim to improve efficiency and effectiveness by enabling municipalities to share knowledge on a peer-to-peer basis. This is according...
Sep 19, 2014
After fully acquiring Nungu Trading 88 through a sale of shares and claims agreement, earlier this month, property group Texton Property Fund is now the sole owner of the 3 865 m2, AAA-grade office property Babcock House, in Bedfordview. Tenanted by Babcock Ntuthuko...
Sep 19, 2014
Engineering solutions provider ELB Group has reported an 18% increase in turnover for the year, boosting overall income, from R1.9-billion in 2013, to R2.3-billion for the 12 months ended June 30. Describing this as “a satisfactory result, given the current difficult...
Sep 19, 2014
Following the release of her ground-breaking research into the way in which local exporters assessed foreign markets, the World Trade Organisation (WTO) has formally honoured North-West University (NWU) Professor Wilma Viviers as one of seven global candidates for...
Sep 19, 2014
JSE-listed packaging firm Astrapak on Friday said it expected to report a loss a share of between 42c and 44c for the six months ended August 31, compared with a loss a share of 23.4c in the prior comparative period, mainly owing to the impact of industrial action....
Sep 19, 2014
JSE-listed York Timber Holdings on Friday said it expected its operating profit for the year ended June 30 to be between 25% and 30% lower than that of the prior year. As a result of the lower operating profit, combined with a 1% increase in the company’s biological...
Sep 19, 2014
South Africa's rand weakened against the dollar on Thursday, falling to a 7-month low after respected Reserve Bank Governor Gill Marcus said she would not renew her contract when her five year term ends in November. Government bonds weakened alongside the currency,...
 
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