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Jul 22, 2014
Economic Development Minister Ebrahim Patel
   
Updated 1 hour 57 minutes ago Economic Development Minister Ebrahim Patel says government will be prioritising six ‘I’s as part of its “radical economic transformation” agenda for the coming five years. Delivering his Budget Vote in Parliament on Tuesday, Patel said the six components...
 
Jul 22, 2014
Science and Technology Minister Naledi Pandor
Updated 7 hours ago The Department of Science and Technology (DST) will have a budget of R6.47-billion for the financial year 2014/2015, it was reported on Tuesday. More than half of this (R3.5-billion), Science and Technology Minister Naledi Pandor noted in her budget speech to...
Jul 22, 2014
Updated 3 hours ago Anti-fracking lobby group Treasure the Karoo Action Group (TKAG) and social rights group AfriForum hand delivered a letter to President Jacob Zuma this week calling on him to declare a fresh moratorium on hydraulic fracturing in South Africa, or face possible legal...
Jul 22, 2014
The Vanderbijlpark plate mill, which is to be upgraded
Steel producer ArcelorMittal South Africa (AMSA) reports that it is planning an upgrade to its plate mill at Vanderbijlpark in quarter four 2014, which will enable it to produce heavy plates of up to 11 t for South Africa’s emerging wind-tower manufacturing...
Jul 22, 2014
Nersa's Thembani Bukula
Updated 1 hour 49 minutes ago A standardised tariff for electricity resellers is needed to avoid consumers being overcharged, energy regulator National Energy Regulator of South Africa (Nersa) said on Tuesday. "The pressing problem right now is that there is a standardised tariff that they...
Jul 22, 2014
Updated 6 hours ago The Steel and Engineering Industries Federation of Southern Africa (Seisfa) on Tuesday reluctantly accepted a Ministerial proposal on wage offers, but would not back down on the need for Section 37 of the Main Agreement of the Metal and Engineering Industries...
Jul 22, 2014
Venetia mine
Updated 2 hours 9 minutes ago In what could be the single-largest contract awarded to construction major Murray & Roberts (M&R) since the Eskom power build programme, M&R subsidiary M&R Cementation has secured a R2.6-billion contract to develop an underground mine beneath diamond major De...
Jul 22, 2014
Updated 2 hours 53 minutes ago South African crude steel production declined by 4.7% year-on-year in June to an estimated 590 000 t, falling behind the 3.1% average production uptick of the 65 countries reporting to the World Steel Association (worldsteel) in the same month. As a collective, the...
Jul 22, 2014
Western Cape Minister of Economic Opportunities Alan Winde
Updated 2 hours 15 minutes ago The Western Cape government has pledge its support to and will participate in the Operation Phakisa pilot project aimed at creating one-million jobs in key maritime sectors, but is calling on the Presidency to assist in removing blockages preventing development from...
 
Jul 22, 2014
Updated 3 hours ago The BMW Group on Tuesday named Tim Abbott as the new BMW South Africa (BMW SA) MD. Abbott is currently the MD of BMW Group UK, a post he has held since February 2009. He is 57 years old, was educated at Loughborough University and is married with three children.
Jul 22, 2014
Higher Education and Training Minister Dr Blade Nzimande
The Department of Higher Education and Training (DHET) has allocated R19.2-billion to increasing the number of technical and vocational education and training (TVET) colleges during the Medium-Term Expenditure Framework (MTEF) cycle, Higher Education Minister Dr...
Jul 22, 2014
Updated 2 hours 44 minutes ago The Johannesburg Labour Court has made an agreement reached last week between trade union Solidarity and telecommunications group Telkom an order of the court, the union said on Tuesday. The agreement outlined the suspension of all planned selections, appointments...
Jul 22, 2014
The affordability assessments undertaken by credit providers were set to be standardised, with the Department of Trade and Industry (DTI) planning to publish draft regulations for public comment at the end of July. As the over-indebtedness levels of South Africa’s...
Jul 22, 2014
Updated 2 hours 53 minutes ago Despite posting a modest 5.5% year-on-year growth in group revenue to R2.1-billion for the 12 months ended April 30, South African electronics manufacturer Ellies Holdings said on Tuesday that margin contraction of 14% in its consumer division and 2% in its...
Jul 22, 2014
Artist's impression of the new Discovery building
Updated 3 hours ago Property developers Growthpoint Properties and Zenprop Property Holdings are targeting a five-star Green Building Council of South Africa Green Star rating for insurance provider Discovery’s new global head office to be constructed in Sandton, Growthpoint office...
Jul 22, 2014
The Ilanga II
The University of Johannesburg (UJ) will participate in the Sasol Solar Challenge 2014 with its latest solar car, the Ilanga II. Ilanga is the isiZulu word for the sun.
Jul 22, 2014
Updated 4 hours ago Telecommunications giant MTN has, for the second year running, been named the country’s most valuable brand, accounting for 16.5% of the total value of the country’s top 50 brands and potentially emerging as Africa’s first home-grown “superbrand”, Brand...
 
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