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Jan 23, 2015
   
Eskom CEO Tshediso Matona believes positive results from the current turnaround plan at the embattled utility will begin showing through in the next 18 to 24 months and has committed to continue “telling it as it is and telling it like it has never been told” so that...
 
Jan 23, 2015
Eskom CEO Tshediso Matona
Apart, perhaps, from the Stoney ginger beer pick-me-up on his conference table and the queue of awaiting visitors in his reception area, there are few other signs of the pressure Eskom CEO Tshediso Matona is under. His corner office on the third-floor at Megawatt...
Jan 23, 2015
The Competition Commission has castigated the respondents of a case involving alleged price-fixing in the wire and wire products manufacturing industry, accusing the companies of “abuse of process” by attempting to stall a Competition Tribunal hearing into the...
Jan 23, 2015
The Department of Trade and Industry (DTI) has rejected claims by black economic-empowerment (BEE) advisory firm EconoBEE that there is likely to be a delay to the scheduled May 1 implementation of the revised BEE Codes of Good Practise. “We are on track for the May...
Jan 23, 2015
JSE-listed Hudaco Industries’ share price climbed nearly 16% on Friday afternoon as the company announced that it would bring an end to a years-long tax challenges with the South African Revenue Service (Sars). In a trading statement to shareholders, Hudaco revealed...
Jan 23, 2015
The domestic new truck market should end 2015 at between 31 000 and 33 000 units, says Isuzu Trucks South Africa (ITSA) COO Craig Uren. The market will only be able to exceed 31 000 units if “something significant happens”, such as large infrastructure or capital...
Jan 23, 2015
Do you transport, as a haulier or consignor, more than 500 t of cargo a month by road? If so, brace yourself for a raft of new onerous, but rather vague transport regulations, warns Norton Rose Fulbright South Africa associate Peter Lamb. The National Road Traffic...
Jan 23, 2015
The risk of load shedding would be heightened next month as State-owned power utility Eskom takes half of the Koeberg power station’s capacity off line for general maintenance. An Eskom spokesperson told Engineering News Online on Friday that, while the grid was...
Jan 23, 2015
The Competition Commission is seeking input from the public on guidelines directing its approach to the analysis of mergers based on public interest grounds, in addition to competition. Stakeholders had until February 23 to comment on the draft guidelines for the...
 
Jan 23, 2015
The DA plans to submit a private members' bill to Parliament to nullify the National Key Points Act because it is inconsistent with transparency and accountability. "The National Key Points Act of 1980 is a self-serving act that should be relegated to an apartheid...
Jan 23, 2015
President Jacob Zuma and Netherlands Prime Minister Mark Rutte have identified agriculture, ports and water and sanitation as some of the key areas to enhance cooperation between their two countries. President Zuma held a bilateral meeting with Prime Minister Rutte...
Jan 23, 2015
President Jacob Zuma
South Africa was open for more investment and the country offered investment opportunities that no “wise” businessperson should miss, President Jacob Zuma told captains of commerce and industry during the yearly Business Interaction Group meeting on the sidelines of...
Jan 23, 2015
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...
Jan 23, 2015
On the back of higher turnover and an ongoing optimisation programme, JSE-listed ceramic tile and sanitaryware provider Italtile expects its basic earnings a share from continuing operations for the six months ended December 31, to increase by between 27% and 29% to...
Jan 23, 2015
The number of African companies listing shares could rise by a quarter this year if all the firms that have said they plan an initial public offering (IPO) move ahead, international law firm Baker & McKenzie said. Shares on many African bourses have offered enticing...
Jan 23, 2015
UN climate chief Christiana Figueres
The current low oil price is both good and bad for the renewable energy sector, United Nations (UN) climate chief Christiana Figueres said on Thursday at the World Economic Forum in Davos, Switzerland. Crude oil prices have fallen by around 60% since June, triggered...
Jan 23, 2015
Kenya is moving to boost its solar energy capacity, with a new plant now under construction aiming to start producing electricity for the national grid by January 2016. This heralds a shift in the balance of the country's efforts to embrace renewable energy, which...
 
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