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Jan 30, 2015
Gauteng Premier David Makhura and JSE CEO Nicky Newton-King after a meeting with JSE-listed companies on Friday
   
Gauteng Premier David Makhura has promised to outline a comprehensive energy plan in his upcoming State of the Province address, acknowledging that without direct interventions to bolster security of electricity supply the province’s industrialisation vision could be...
 
Jan 30, 2015
SAA acting CEO Nico Bezuidenhout, Finance Minister Nhlanhla Nene and SAA chairperson Dudu Myeni
Finance Minister Nhlanhla Nene has assured that loss-making national carrier South African Airlines (SAA) will not receive another bailout from government, noting that the most recent R6.4-billion government guarantee had only been provided in support of an intensive...
Jan 30, 2015
Hudaco CEO Graham Dunford
Despite facing what CEO Graham Dunford describes as the company’s most difficult year yet, Hudaco Industries is optimistic of maintaining the momentum it built up in the last four months of 2014 well into this year. During 2014, Hudaco had been negatively impacted by...
Jan 30, 2015
An Airbus A400M (with a Cessna Citation business jet in the foreground)
Yet further delays in the production and delivery schedules for the Airbus A400M military airlift and air-to-air refuelling aircraft have led to a major shake-up at Airbus Defence and Space, the Airbus Group company responsible for the aeroplane. The changes were...
Jan 30, 2015
Certain regulatory approvals remain outstanding in Telkom’s proposed R2.67-billion takeover of JSE-listed Business Connexion (BCX), the parties said in an update to shareholders on Friday. BCX noted in the statement that the Competition Authority of Botswana had...
Jan 30, 2015
Hulamin CEO Richard Jacob
Richard Jacob will return as CEO of JSE-listed Hulamin following a medical leave of absence. Jacob took medical leave in July last year.
Jan 30, 2015
South Africa's cumulative trade deficit was R95.3-billion in 2014, the South African Revenue Service (Sars) said on Friday. In 2013, it was R71.4-billion, Sars said in a statement.
Jan 30, 2015
US energy firm Chevron will shut down its 100 000 bl/d South African oil refinery in Cape Town from February 13 to March 31 for routine maintenance and safety inspections, the company said on Friday. "Chevron has made contingency plans to mitigate potential...
Jan 30, 2015
The retail price of 95-grade petrol in South Africa will drop by 93c/ℓ or 8.3% from next Wednesday, while wholesale diesel price will decrease by 9.9%, the government said on Friday. Petrol will now cost R10.31 (nearly $1) a litre while the new wholesale diesel price...
 
Jan 30, 2015
South African generator set (genset) designer and manufacturer Diesel Electric Services (DES), has contracted a permanent, high-pressure gas connection that would allow it to test natural gas-powered engines with greater flexibility. The connection would give DES...
Jan 30, 2015
Days of rolling blackouts this week have blighted South African society and business, and they face an increasing number of outages in years to come. But the alternative, a grid collapse, could be catastrophic. Bordered by tiny, war-scarred or impoverished states...
Jan 30, 2015
Commenting in his capacity as chairperson of the Presidential Infrastructure Championing Initiative (PICI), President Jacob Zuma this week provided an update on the progress of several cross-border and regional infastructure projects championed by the heads-of-State...
Jan 30, 2015
Petrochemicals giant Sasol, which typically incinerates its waste sludge streams or sends them to hazardous waste sites, is increasing its use of composting to treat these streams at its Secunda plant, in Mpumalanga, reducing transportation and disposal costs, as...
Jan 30, 2015
Food affordability improved in nearly 75% of countries from September to November 2014, largely owing to a 2.8% decline in global food prices, which are forecast to fall further still. This is according to the results of the Economist Intelligence Unit’s (EIU’s)...
Jan 30, 2015
Governments from Mongolia to Nigeria are creating new forms of insurance to protect the developing world's small farmers, who are suffering especially badly from extreme weather events made worse by global warming, a new study said. Obstacles like poor infrastructure...
Jan 30, 2015
An 8.5 MW solar field due to be officially launched in Rwanda next week, is set to boost the Central African State’s energy generation capacity by 6%, solar project developer Gigawatt Global has revealed. The landmark $23.7-million project is built on land owned by...
Jan 30, 2015
Ghana's new oilfields are on schedule to start production next year as development has passed the half-way stage, lead operator Tullow Oil said on Thursday. The offshore Tweneboa, Enyenra and Ntomme (TEN) project, which will have a peak production capacity of 80 000...
 
Jan 30, 2015
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