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Aug 29, 2014
Finance Minister Nhlanhla Nene
   
The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and Finance (CEEF)....
 
Aug 29, 2014
Aug 29, 2014
Updated 5 hours ago The amount owed to municipalities for services has continued to rise, reaching R94-billion by June, compared with the R93.3-billion recorded in December. Households still accounted for the bulk of the aggregate municipal consumer debts; however, this had declined...
Aug 29, 2014
Article contains comments
Business does not support the view that it should absorb the cost of e-tolling, Business Unity South Africa (Busa) said on Friday. "Business has always indicated its willingness to come on board and to explore the funding mechanism [for the improvement of Gauteng's...
Aug 29, 2014
The South African new truck market is too small to justify increasing local content on vehicles assembled locally, says Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl. Van Zyl is also president of the National Association of Automobile...
Aug 29, 2014
Toyota South Africa Motors (TSAM) will see its exports into Africa drop by around 20% this year over last year, owing largely to policy changes in Algeria and Nigeria. TSAM president and CEO Dr Johan van Zyl says the Algerian government has shifted its support for...
Aug 29, 2014
Updated 7 hours ago South Africa's trade deficit widened more than expected to R6.88-billion rand ($648-million) in July, from a R190-million rand shortfall in June, data from the South African Revenue Service showed on Friday. Economists had expected a R3.2-billion gap, but the number...
Aug 29, 2014
Aug 29, 2014
A portion of land suitable for a range of commercial, retail and business park development is being made available by Tongaat Hulett Developments, the property development operator within the Tongaat Hulett stable. The new release formed part of the greater Cornubia...
 
Aug 29, 2014
The DA has called on Auditor General Kimi Makwetu to investigate allegations of irregularities in the awarding of tenders worth more than R200-million by the defence department. "The dodgy defence force air transport tender must be investigated," said Democratic...
Aug 29, 2014
Updated 5 hours ago The pump prices of both grades of petrol and wholesale diesel, as well as the maximum retail prices of illuminating paraffin and liquefied petroleum gas (LPG), are set to decrease from September 3, the Department of Energy said on Friday. Petrol would drop by 67c/l,...
Aug 29, 2014
Updated 6 hours ago To bolster its argument that renewable energy is critical to combating climate change, the World Wide Fund for Nature-South Africa (WWF-SA) has commissioned a series of reports that investigates the state of renewable energy in the country, focusing on how it can be...
Aug 29, 2014
Updated 5 hours ago Mining and energy solutions firm Cronimet Mining Power Solutions officially broke ground and began its engineering, procurement and construction (EPC) contracting activities for a large Namibian photovoltaic (PV) power plant on August 18. The PV project is located in...
Aug 29, 2014
President Jacob Zuma
President Jacob Zuma and Russian President Vladimir Putin have met to deliberate a host of issues that affect the two countries, as well as to discuss ways in which existing bilateral agreements and mutual cooperation could be strengthened, the Presidency said in a...
Aug 29, 2014
Key players in South Africa’s tourism industry say the country’s new immigration rules, which came into effect in May, could damage the country’s tourism sector. The regulations require that visa applications be made in person so that biometric data can be...
Aug 29, 2014
Peter Coleman
Oil and gas major Woodside on Friday called on emerging African resource nations to carefully consider implementing any policy changes that could scare away foreign investment. Speaking at the second day of the East Africa Oil and Gas conference, Woodside CEO Peter...
Aug 29, 2014
Plans for five countries in East Africa to adopt cleaner fuel standards in 2015 are likely to help absorb excess low-sulphur oil products coming out of Middle East and Indian refineries, where new capacity is being added, industry sources said. Kenya, Tanzania,...
 
Aug 29, 2014
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