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Sep 03, 2015
Professor Mthuli Ncube
   
The slowdown in China and the associated ending of the commodity super cycle is having a major influence on the immediate growth prospects for Africa, with the former African Development Bank chief economist forecasting that growth rates will come under pressure this...
 
Sep 03, 2015
Nuclear energy is the cheapest source of energy in South Africa‚ and is subsidising renewable energy‚ says Energy Minister Tina Joemat-Pettersson‚ on another day of heated parliamentary debate as ministers refused to lift the veil of secrecy surrounding the proposed...
Sep 03, 2015
Domestic economic conditions and financial market nervousness, as well as global financial market turmoil and economic uncertainty, have led to a fall in the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) to 84.3 in August,...
Sep 03, 2015
The Gauteng provincial government’s (GPG’s) plans to transform South Africa’s most populous province into an integrated city region were gaining traction, with the GPG on Thursday outlining its plans to implement the approved e-government strategy over the next five...
Sep 03, 2015
Aveng has concluded the sale of the majority of its South African properties to Imbali Props 21 Proprietary, a commercial property development and investment company within the Collins Property Group, for R1.127-billion. In terms of the transaction, Aveng disposed of...
Sep 03, 2015
Passenger Rail Agency of South Africa (PRASA) board chairperson Popo Molefe said on Thursday the board of Prasa is impelled to take the "necessary measures" about the irregularities listed in the public protector's report. At last month's release of the findings of...
Sep 03, 2015
Conservatively speaking, South Africa is short between 150 and 250 intelligent transport system (ITS) engineers, technologists and technicians. This shortage exists in the private and public sectors, with the latter especially hard hit, says Intelligent Transport...
Sep 03, 2015
While the total sales of medium commercial vehicles in South Africa in August were hard hit by lingering economic drags, narrowing 6.3% year-on-year, Isuzu Trucks South Africa (ITSA) managed a modest uptick in its share of the truck market for the month, securing...
Sep 03, 2015
South African car sales fell for the fourth straight month in July after the rand weakened to historic lows, pushing up the cost of imported parts and potentially fuelling pay demands. Patchy electricity supply and the lingering threat of strikes are likely to...
 
Sep 03, 2015
Human Settlements Minister Lindiwe Sisulu
The Department of Human Settlements (DHS) will launch 77 “catalytic projects” across the country, which will allow it to achieve its target of building 1.5-million houses over the next five years. Speaking on Thursday at a national contractors and developers workshop...
Sep 03, 2015
Farmers must not be blinded by the bells and whistles of technology, understanding that the blind adoption of precision farming technology will not make them better farmers. “In a long-term business like farming, technology isn’t a short cut to success. It’s a...
Sep 03, 2015
Sep 03, 2015
International logistics company Necotrans Group has, along with a consortium of nine Cameroonian port sector operators, the Kribi Port Multi Operators (KPMO), secured a partnership contract for the operation and maintenance of a multipurpose terminal at the...
Sep 03, 2015
Multinational company Essel Group Middle East (EGME) has received formal approval from the government of Kenya for its $100-million investment participation in Canadian publicly traded oil and gas company Simba Energy’s assets in Kenya. The company in June signed an...
Sep 03, 2015
Sep 03, 2015
Platinum mining major Implala Platinum (Implats) on Thursday reported 58% lower earnings a share for the 12 months to June 30 as well as an operational response plan premised on a lower-for-longer platinum price environment. The company, headed by CEO Terence...
Sep 03, 2015
Implats CEO Terence Goodlace
Platinum mining major Impala Platinum (Implats) said on Thursday that it intended raising up to R4-billion through the sale of new Implats ordinary shares using an accelerated bookbuild process. The company, headed by CEO Terence Goodlace, said that shareholder...
 
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