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Apr 28, 2016
Transnet CEO Siyabonga Gama
   
State-owned freight logistics group Transnet is taking aim at new sectors, such as fast-moving consumer goods (FMCG) and manufacturing, as it seeks to sustain volumes amid the prevailing commodity “meltdown”. Speaking publically for the first since his appointment as...
 
Apr 28, 2016
The railways sector and government have agreed to the creation of a framework to improve the monitoring and implementation of localisation commitments associated with multibillion-rand investments being undertaken by both Transnet and the Passenger Rail Agency of...
Apr 28, 2016
Updated 6 hours ago In an attempt to maintain a pro-poor stance on public spending aimed at improving social development, the City of Ekurhuleni will inject R3.5-billion of its 2016 budget for into its community empowerment package, Mintirho Ya Vula Vula. Tabling the budget vote for the...
Apr 28, 2016
Updated 7 hours ago The embattled South African Post Office (Sapo) is near to raising R2.7-billion in capital from the likes of banks, says chief executive officer Mark Barnes. Sapo has suffered years of maladministration with the state-owned entity recording a R1.5-billion loss in...
Apr 28, 2016
After its official opening on Thursday morning, the Mall of Africa, in Waterfall City, Midrand, had played host to about 70 000 people by 17:00, a figure likely to double before closing, according to property developer Attacq CEO Morne Wilken. He told Engineering...
Apr 28, 2016
Pinky Zungu
Transnet National Ports Authority (TNPA) has appointed Port of Durban’s first black female deputy harbour master – nautical, effective May 1. Pinky Zungu, who was one of the first three women in Africa to obtain a marine pilot open licence in 2011, would now be...
Apr 28, 2016
Updated 7 hours ago Transnet’s Phelophepa I and II healthcare trains are on track to reach their 12-millionth patient by the end of September, Transnet chairperson Linda Mabaso reports. To date, the ‘clinics-on-wheels’ have reached a combined 11.7-million patients since inception in...
Apr 28, 2016
Updated 6 hours ago African private equity firms cashed in on investments last year at the highest rate in almost a decade, with South Africa, Egypt, Nigeria and Kenya accounting for two-thirds of these exits. Equity firms sold investments in 44 companies in 2015, compared to 39...
Apr 28, 2016
Waste tyre recycling company Mathe Group’s investment in a new multimillion-rand tyre processing facility in Hammarsdale, in KwaZulu-Natal, is expected to increase the company’s processing capacity to about 150 000 tyres a year to produce about 7 000 t/y of rubber...
 
Apr 28, 2016
In an attempt to deliver more broadband services in a heavily spectrum-constrained environment, telecommunications giant MTN has teamed up with Ericsson to trial technology aggregating licensed and unlicensed spectrum. The long-term evolution-unlicensed (LTE-U)...
Apr 28, 2016
Outa will be going to court to defend members who received summonses for e-toll bills, including one for R8-million, it said. Organisation Undoing Tax Abuse (Outa) chairperson Wayne Duvenage told News24 that it had notified the SA Roads Agency Limited (Sanral) of its...
Apr 28, 2016
Steady appreciation in international petroleum prices during April has brushed aside gains in the rand/dollar exchange rate, setting the stage for more fuel price hikes in May, the Automobile Association (AA) cautioned on Thursday. This view is based on unaudited...
Apr 28, 2016
The Namibian Ministry of Fisheries and Marine Resources (MFMR) has warned that illegal fishers stationed alongside Namibia’s 140-km-long Zambezi River border, which it shares with Zambia, are bleeding revenue from the country’s fishing industry. Speaking from...
Apr 28, 2016
Nigeria's Dangote Sugar Refinery plans to raise 100-billion naira ($503-million) through a mix of debt and equity by the third quarter, its chief finance officer Babatunde Ajao said on Wednesday. The company, owned by Africa's richest man Aliko Dangote, and supplies...
Apr 28, 2016
Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and...
Apr 28, 2016
Around 90% of workers at the South African Post Office could go on a two-day strike next week, the Communication Workers Union (CWU) has warned. Sapo employees have not received salary increases for two years, the head of CWU Clyde Mervin told Fin24 by phone....
Apr 28, 2016
 
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