NamPower starts prequalification process for Kudu EPC contractor

Namibia’s power utility NamPower has kicked of the prequalification process for the provision of a turnkey engineering, procurement and construction (EPC) solution for the 800 MW Kudu gas-to-power project that it was currently developing, near...

Rising business confidence boosts global passenger air traffic – Iata

Global passenger demand grew by 3.7% in February, compared with the equivalent period last year, as business confidence improved, particularly in emerging regions, the International Air Transport Association’s (Iata’s) global passenger traffic...

John Deere opens R150m Jhb parts warehouse

Agricultural machinery company John Deere Sub Sahara Africa has officially opened its R150-million state-of-the-art parts warehouse at Plumbago Business Park, in Johannesburg, which MD Len Brand said was “arguably the largest and most...

Only 50% of construction tenders in SA evaluated on quality - report

With the South African government earmarking R827-billion for infrastructure development over the next three years, the Construction Industry Development Board (CIDB) has indicated its concern after its recent Construction Industry Indicators...

Nersa moves to allay gas-price fears following maximum price ruling

The National Energy Regulator of South Africa (Nersa) is making efforts to communicate its recently approved maximum gas energy (GE) price of R117.69/GJ, which opens the way for Sasol Gas to enter into contractual negotiations with its customers...

Revenue exceeds Sars target of R810bn

The South African Revenue Service (Sars) collected R814.1-billion during the 2012/13 financial year, R4-billion above the revised estimate provided in the February 2013 Budget and has reduced its debtors book, for the first time in its history....

Sefa, partners launch competition for West Africa clean energy

The Sustainable Energy Fund for Africa (Sefa) and its partners have launched a business plan competition dubbed the West Africa Forum for Clean Energy Financing (Wafcef) to identify promising regional entrepreneurs and unlock renewable-energy and...

ECDC approves R46.7m for disbursement through jobs fund

The Eastern Cape Development Corporation (ECDC) has, to date, through the Job Stimulus Fund approved R46.7-million in incentives for 64 companies, which were expected to create, save and retain 4 670 jobs. More than R25-million had been approved...

‘End in sight’ for Afgri, Senwes retail merger

The merger between the retail businesses of agricultural services companies Afgri and Senwes would become effective on June 1, subject to approval by the Competition Tribunal, Afgri CEO Chris Venter said on Wednesday. Speaking at the presentation...

Telkom names new group CEO, COO

Telecommunications group Telkom on Thursday announced that it had appointed telecommunications executive Sipho Maseko as group CEO and executive director with effect from April 1. Maseko succeeds Nombulelo Moholi, who resigned as group CEO in...