Jun 14, 2012
Real Economy ReportBack
Johannesburg|Africa|Cement|First National Bank|Gas|Grace Hotel|Mobile Payment Corporation|PPC|PPC CSI|PROJECT|Shanduka|Tsogo Sun|Africa|Mozambique|South Africa|United Kingdom|Cement|Cement Outlets|Cement Producer|Francie Shonhiwa|George Makama|Graham Woods|James Shepherd|Megan Wait|Power
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PPC CSI manager Francie Shonhiwa
Beneficiary George Makama
Shannon de Ryhove:
Interim power specialist Aggreko, of the UK, and black-economic empowerment company Shanduka have unveiled plans for a 107 MW temporary gas-fired power plant, in Mozambique, which will supply electricity to the utilities of both countries over a two-year period.
Aggreko MD SEA-YP James Shepherd
Hotel and gaming group Tsogo Sun has revealed that its latest acquisition, the Grace Hotel, in Rosebank, has now been transformed into a boutique hotel, catering for the luxury consumer market.
Tsogo Sun MD Graham Woods
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.
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Updated 3 hours ago Nigeria-focused oil and gas explorer Oando Energy Resources (OER) on Wednesday announced that it had completed the acquisition of the Nigerian upstream oil and gas business of New York-listed ConocoPhillips for a total cash consideration of $1.5-billion as well as a...
Updated 3 hours ago The disciplinary hearing of telecommunications giant Telkom’s suspended CFO Jacques Schindehütte was set to resume next Wednesday. Telkom said it hoped the hearing would result in a definitive resolution on the matter of Schindehütte’s personal conduct after a...
Updated 4 hours ago While unauthorised expenditure by South Africa’s municipalities has declined year-on-year, irregular expenditure has recorded a R2-billion increase as municipalities failed to follow legislated procurement procedures, the latest Auditor-General South Africa audit...
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