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Jan 27, 2015
Port of Saldanha
   
Updated 2 hours 38 minutes ago The establishment of a customs control area (CCA), or free port, within the newly designated Saldanha Bay Industrial Development Zone (SBIDZ) is being held up as a major drawcard for potential oil and gas services investors into the 330 ha site, situated alongside...
 
Jan 27, 2015
Updated 4 hours ago Eskom implemented stage two rolling power cuts on Tuesday to help bolster power supply for the rest of the week, acting CEO Dan Marokane said. "We moved to stage two in order to manage our reserves at our pumped storage schemes and gas turbines so that we can better...
Jan 27, 2015
Updated 2 hours 52 minutes ago Four of the five countries in the Brics economic bloc have made it into the top five countries perceived by global investors as the best investment opportunities in the year ahead, the latest survey by the Chartered Financial Analysts (CFA) Society showed on Tuesday....
Jan 27, 2015
Updated 2 hours 30 minutes ago Financial services provider Stanlib aims to channel the bulk of a R1.2-billion infrastructure equity fund into some of the infrastructure projects under way in South Africa, with a particular focus on renewable energy. Stanlib on Tuesday said the fund, which would...
Jan 27, 2015
Updated 3 hours ago Yes, empty-nesters will still find the Jazz attractive, but the new model should also appeal to the younger customer, says Honda Motor Southern Africa (HMSA) operations director Graham Eagle. He believes the more dynamic-looking Jazz – the third iteration – will...
Jan 27, 2015
Updated 3 hours ago Atterbury Property has confirmed it will develop the new R1.5-billion head office of professional services firm PwC at Waterfall City, in Midrand – the first high-rise building in the precinct. This followed the signing of a lease agreement between PwC and Attacq on...
Jan 27, 2015
Updated 2 hours 42 minutes ago Web-based property trading portal Quoin Online has been granted an exclusive mandate to dispose of five hotel properties owned by real estate investment trust (Reit) Hospitality Property Fund (HPF), either individually or as a collective purchase. The 87-room Protea...
Jan 27, 2015
Updated 3 hours ago The number of formal liquidations in South Africa fell 14% in December to 123 from 143 a year earlier, taking the figure for the 2014 calendar year 13.1% lower to 2 064, underwriting group, the Credit Guarantee Insurance Corporation (CGIC) revealed on Tuesday. “This...
Jan 27, 2015
Updated 1 hour 49 minutes ago Western Cape entrepreneurs had just four days before applications closed to secure cash injections of at least R10-million by pitching their business ideas to major funding bodies at the Western Cape Funding Fair – the province’s own “Dragon’s Den”. The deadline for...
 
Jan 27, 2015
Updated 4 hours ago Industrial engineering group PSV Holdings said on Tuesday that it had been awarded several contracts that would bring “welcome relief” as it headed towards the end of its financial year on February 28. “We have spent time ensuring group tender processes and...
Jan 27, 2015
Updated 7 hours ago Petochemicals group Sasol and the Lion Match Company have inked a deal that will see Sasol subsidiary and candle manufacturer Price’s Candles being absorbed into Lion’s portfolio of homecare brands. Lion Match Company group CEO Alisdair Sinclair said the acquisition...
Jan 27, 2015
INSTALLATION The system could also pinpoint an aircraft to within two nautical miles
Updated 2 hours 21 minutes ago National carrier South African Airways (SAA) is deploying a locally developed satellite payment system, which is also able to track the aircraft anywhere in the world, across its fleet of airliners. The system, developed by satellite authentication company SatAuth,...
Jan 27, 2015
Updated 3 hours ago A decision to sell information and communication technology (ICT) group Vox Telecom has been retracted, with CEO Jacques du Toit saying on Tuesday that its investors have recommitted to the business. The group began an “exploratory process” in July last year to...
Jan 27, 2015
South Africa's main agency for settling labour disputes voiced confidence on Monday that it now has more leverage to bring an early end to strikes like those that dragged on for months last year, undermining economic growth. Nerine Kahn, director of the Commission...
Jan 27, 2015
After receiving the most number of votes at PPC’s annual general meeting (AGM) on Monday, Tito Mboweni, Charles Naude, Daniel Ufitikizeri, Nicky Goldin, Timothy Leaf-Wright and Peter Nelson have been appointed to the board of the cement group. Shareholders were...
Jan 27, 2015
Updated 3 hours ago Bidvest Car Rental, a subsidiary of Bidvest Group, would cease to operate as Budget car, van and truck rental in Southern Africa from February 28. Bidvest had managed the Budget car and van rental franchise in the southern Africa region for more than 20 years but the...
Jan 27, 2015
Updated 3 hours ago The 94.3 MWp Sishen solar photovoltaic (PV) plant, in the Northern Cape, was expected to deliver 216 GWh/y of electricity into power utility Eskom’s national grid. The plant, which was built by Spanish firm Acciona and commissioned by Spanish consulting firm Enertis,...
 
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