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Nov 24, 2014
   
Updated 2 hours 21 minutes ago Trade and Industry Minister Dr Rob Davies has approved the new Medium and Heavy Commercial Vehicles – Automotive Investment Scheme (MHCV-AIS) guidelines aimed at stimulating investment into the production of these vehicles in South Africa. The MHCV-AIS, which was a...
 
Nov 24, 2014
Updated 2 hours 50 minutes ago South Africa’s rail network fell victim to a total of 4 703 separate “security-related incidents”, which largely comprised acts of vandalism and theft, in the 2013/14 financial period – denoting a 14% jump in the number of similar occurrences in the prior year, the...
Nov 24, 2014
Updated 5 hours ago The Right2Know Campaign (R2K) and the South African History Archive (SAHA) will on Monday argue for the police to reveal South Africa's National Key Points in the High Court in Johannesburg. "We believe this basic transparency is an important step in countering the...
Nov 24, 2014
Updated 4 hours ago The DA on Sunday called on South African Airways (SAA) to suspend its acting chief executive Nico Bezuidenhout pending the outcome of an inquiry into his appointment. "Reports today confirm that Bezuidenhout has misled SAA and does not hold a BCom degree or an MBA as...
Nov 24, 2014
Updated 2 hours 10 minutes ago Independent power producer Ipsa has missed a November 21 deadline to pay Ethos Energy Italia – formerly Turbocare – an initial €3-million payment as part of a dispute settlement reached last month in relation to the sale and purchase agreements and refurbishment...
Nov 24, 2014
International Relations and Cooperation Minister Maite Nkoana-Mashabane
Updated 4 hours ago Germany has committed to provide nearly R1-billion to South Africa for various joint projects, the German embassy said on Friday. "A total of €72.5-million, nearly R1-billion, were committed by Germany to the government of South Africa for development cooperation,"...
Nov 24, 2014
Updated 2 hours 7 minutes ago Electrical, instrumentation and control engineering firm Proconics has concluded a deal that will see private equity newcomer Dlondlobala Capital taking up a 26% stake in the 19-year-old company. “Proconics is committed to meeting the compliance and legislative...
Nov 21, 2014
Article contains comments
Steel among the five resource value-chains being prioritised
The Mineral Beneficiation Action Plan (MBAP), which is currently in draft form, should be finalised by the end of March 2015, the Department of Trade and Industry (DTI) has confirmed. The department is leading the drafting process, which also involves the National...
Nov 21, 2014
Article contains comments
South Africa had a moral and business obligation to aide the growth of its neighbours and Zimbabwe was moving to put its best foot forward to ensure it attracted the investment it needed to bolster its industrialisation and development programmes from South Africa....
 
Nov 24, 2014
Updated 4 hours ago Egypt will use machines made by a German firm to bore at least four tunnels under the Suez Canal, part of an $8-billion project to expand the waterway that the government hopes will raise revenues and foreign currency reserves. Unlisted Herrenknecht AG was discussing...
Nov 24, 2014
Updated 6 hours ago Creamer Media’s Coal 2014 report examines South Africa’s coal industry amid the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the market, as...
Nov 24, 2014
Updated 3 minutes ago Global law firm Baker & Mackenzie partner Paul Curnow believes South Africa holds significant upside potential for manufacturers and developers of commercial rooftop solar photovoltaic (PV) projects, as these players would be able to bypass often protracted...
Nov 24, 2014
Updated 7 minutes ago Ghana's government has given Italian energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points (OCTP) block, expected to begin production in 2017, it said on Monday. The government, hoping to boost oil and gas production, said...
Nov 21, 2014
Article contains comments
Industrialisation remains a major part of the South African developmental agenda and an important vehicle towards achieving the Department of Trade and Industry’s (DTI’s) target of creating 100 black industrialists in the next five years, Trade and Industry...
Nov 21, 2014
The construction of a new innovation hub in the heart of the Dube TradePort, in Durban, was set to kick off in March 2016, as Dube TradePort Corporation sealed a R160-million lease agreement with Eureka Capital. Eureka Capital planned to develop a seven-storey 21 500...
Nov 21, 2014
South Africa will become the first African country to host the Organisation for Economic Cooperation and Development’s (OECD’s) Steel Committee Conference when the committee’s seventy-seventh session takes place in Cape Town between December 11 and 12. The...
Nov 21, 2014
A month before it plans to list on the main board of the JSE, property group, the Pivotal Fund has posted a net asset value per share excluding deferred tax (NAVPS) for the six months ended August 31, of R15.55 – a 5.9% increase on the NAVPS at the end of the...
 
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