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May 05, 2016
From Coega to Tanzania
   
Updated 1 hour 14 minutes ago FAW Vehicle Manufacturers South Africa (FAW SA) has seen a steady increase in sales and exports, following the opening of its Eastern Cape truck assembly plant in 2014. To date, FAW SA has recorded exports of 90 trucks. To be more specific, exports in the first four...
 
May 05, 2016
David Hughes
Updated 2 hours 58 minutes ago In a bruised domestic market scrambling for volume, Mazda Southern Africa is having a Zen moment. Mazda sales in South Africa reached 9 066 units in 2015, almost double the 4 939 units sold in 2014 – this in a new-vehicle market that dipped 4.2% last year compared...
May 05, 2016
Updated 4 hours ago South African National Roads Agency Limited CEO Nazir Alli on Wednesday said the backlog of maintenance and road networks was sitting at R197-billion, up from R149-billion in 2010. Alli was addressing the business sector at the Beverly Hills Hotel in Umhlanga. He...
May 05, 2016
Science and Technology Minister Naledi Pandor
Updated 4 hours ago South African Minister of Science and Technology Naledi Pandor launched three new chairs within the South African Research Chairs Initiative (SARChI) as part of the South Africa and United Kingdom (UK) bilateral research chair initiative. Pandor said that the...
May 05, 2016
Updated 3 hours ago Thousands of workers at the cash-strapped South African Post Office (SAPO) will embark on a two day strike on Thursday and Friday over unresolved labour matters and demands for salary increments. The members of Cosatu affiliate, Communication Workers Union (CWU),...
May 04, 2016
Renergen CEO Stefano Marani, The Linde Group’s Dr Alexander Brandl and head Nick Haines and Afrox MD Schalk Venter
A contract signed on Wednesday between alternative energy company Renergen, JSE-listed Afrox and The Linde Group, of Germany, is expected to open the way for a €13-million investment into the commercialisation of a Free State natural gas resource and the creation of...
May 04, 2016
Andrew Hinkly
A potentially far-reaching step has been taken towards the viable roll-out of hydrogen refuelling infrastructure for platinum-using fuel cell electric vehicles (FCEVs) with the commercial launch of a system that allows hydrogen to be stored and transported in...
May 04, 2016
Finance Minister Pravin Gordhan
South Africa's Finance Minister Pravin Gordhan said on Wednesday he was confident of meeting fiscal targets for 2016, but that stronger economic growth remained a challenge. In a speech to parliament, Gordhan said the budget deficit would be reduced to 2.4% of gross...
May 04, 2016
National Treasury was close to naming a new board for the struggling national carrier South African Airways, Deputy Finance Minister Mcebisi Jonas said on Wednesday. “We are finalising the process of appointing a full-strength board,” Jonas said in the debate on the...
 
May 04, 2016
Finance Minister Pravin Gordhan on Wednesday termed Denel, which is at loggerheads with National Treasury over a joint venture with a company linked to the Gupta family, arrogant and belligerent. “One of the tendencies that we are noting in recent times is that when...
May 04, 2016
Article contains comments
State-owned electricity utility Eskom this week claimed that there had been a steady improvement in the energy availability factor (EAF) at its power stations, reporting “preliminary figures” indicating an EAF of 76.37% from the start of its financial year to May 3,...
May 04, 2016
The South African unit Enel Green Power, itself a subsidiary of Italian energy group Enel, reports that its 82.5 MW Paleisheuwel photovoltaic (PV) power plant has been connected to the grid. Located in the Western Cape, the plant is Enel Green Power’s largest power...
May 04, 2016
Johannesburg mayor Parks Tau
At least R14-billion in investments had seen the economic development of the City of Johannesburg, resulting in economic hubs that created jobs and further opportunities for the city’s citizens, mayor Parks Tau said on Wednesday. The city had begun redesigning the...
May 04, 2016
SABMiller and Coca-Cola have agreed concessions with the South African government to win approval for a deal to combine their soft-drink operations, the companies said on Wednesday. The concessions, agreed with the South African Ministry of Economic Development,...
May 04, 2016
The Grayston Drive Pedestrian and cyclist structural bridge collapse inquiry has been postponed, the Department of Labour said on Wednesday. “The sitting of the Grayston Drive Pedestrian and cyclist structural bridge collapse inquiry expected to sit for three days...
May 04, 2016
Gibela chairperson Dr Xolani Mkhwanazi
Dr Xolani Mkhwanazi has joined the Gibela board as nonexecutive chairperson from May 1.   He currently serves on a number of boards, including as chairperson of the Central Energy Fund and nonexecutive director of South32.  He has extensive executive leadership,...
May 04, 2016
Sanral CEO Nazir Alli
KwaZulu-Natal is not set to get e-tolling in the near future, but this may change if the volumes of vehicles increases. South African National Roads Agency Limited (Sanral) chief executive Nazir Alli, speaking on Wednesday at a business presentation, said that the...
 
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