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Mar 05, 2015
Areva South Africa MD Dr Yves Guenon
   
Updated 5 hours ago French nuclear vendor Areva says its value proposition for South Africa’s proposed new nuclear build programme remains intact, despite far-reaching restructuring initiatives being undertaken at the troubled State-owned company, which reported a €4.8-billion loss for...
 
Mar 05, 2015
Updated 5 hours ago The $200-million ‘loop line 1’ project to expand the capacity of the gas pipeline from Mozambique to South Africa has been completed, the Republic of Mozambique Pipeline Investments Company (Rompco) has confirmed. Rompco is the gas transport joint venture set up in...
Mar 05, 2015
Johan van Zyl
Updated 7 hours ago The closure of any vehicle manufacturer’s operations in South Africa would be “a total disaster”, said Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl on Thursday. He was also the president of the National Association of Automobile Manufacturers...
Mar 05, 2015
Mxolisi Mgojo
Updated 5 hours ago Black-controlled coal mining company Exxaro on Thursday confirmed its status as a signatory of a take-or-pay rail contract with the State-owned logistics group Transnet Freight Rail (TFR) for the railing of its coal to the Richards Bay Coal Terminal (RBCT) in...
Mar 05, 2015
Updated 6 hours ago South Africa has to secure the future of the local petroleum industry through policy protection, to prevent the market from being flooded by clean fuels imports. The deferment of a clean fuels policy last year had opened a gap for importers and the urgency to...
Mar 05, 2015
A digital switch-on date marking the start of South Africa’s transition from analogue to digital broadcasting will be announced “shortly”, following Cabinet’s approval for a control system for the required set-top boxes (STBs). Communications Minister Faith Muthambi,...
Mar 05, 2015
Updated 7 hours ago While it is now “impossible” for South Africa to meet the June deadline to transition from analogue to digital broadcasting, industry will now be in a position to launch the digital terrestrial television  (DTT) project within this year. Following Cabinet’s decision...
Mar 05, 2015
Updated 5 hours ago South Africa’s national oil company PetroSA, through its subisidiary PetroSA Ghana, has secured a seven-year $150-million reserve-based lending credit facility with a consortium of banks. PetroSA CFO Lindiwe Bakoro said the company was pleased to close this...
Mar 05, 2015
Telecommunications and Postal Services Deputy Minister Hlengiwe Mkhize vowed that partially State-owned Telkom would not entrench itself further as a telecommunications monopoly as government accelerates its broadband deployment. Her comments followed significant...
 
Mar 05, 2015
Updated 5 hours ago The R6.5-million first phase of Africa’s largest residential development, to date – Steyn City Lifestyle Resort – was launched on Thursday. The 2 000 acre development is located north of Fourways, in Johannesburg.
Mar 05, 2015
The Coega Development Corporation (CDC) is on the hunt for first- and second-tier suppliers in automotive manufacturing to set up shop at its Nelson Mandela Bay Logistics Park (NMBLP), in Uitenhage, noting in a statement this week that component manufacturers that...
Mar 05, 2015
South Africa's hopes of becoming one of the world's top renewable energy hubs are dimming due to poor infrastructure and delays as cash-strapped State utility Eskom is distracted by a scramble to keep the lights on. Chronic electricity shortages are one of the...
Mar 05, 2015
Updated 6 hours ago While agriculture is the most resilient sector of the South African ecnomy and, in light of prevailing production conditions, it is necessary for agriculture to be removed from political rhetoric, stressed grain farmers' association Grain SA chairperson Louw...
Mar 05, 2015
Updated 5 hours ago Cabinet has approved the five-year Agriculture, Forestry and Fisheries Strategic Framework, as well as the Agricultural Policy Action Plan (Apap).  The strategic framework and Apap would be updated yearly, Cabinet advised in a media statement on Wednesday. 
Mar 05, 2015
Finance Minister Nhanhla Nene has called for public comment on government’s proposal of a temporary reduction in employers and employees’ contributions to the Unemployment Insurance Fund (UIF). In his 2015 Budget Speech, the Minister proposed to reduce the...
Mar 05, 2015
Updated 4 hours ago Oger Telecom is looking at the possibility of selling its majority stake in Cell C, South Africa's third-largest mobile telecoms network operator, the chairman of the Middle Eastern firm told Reuters on Thursday. Goldman Sachs has been appointed by Oger Telecom to...
Mar 05, 2015
Updated 6 hours ago JSE-listed telecommunications group Telkom has unveiled a number of firms that are set to take over some of its operations as it outsources services and some business elements to unlock further cost efficiencies and improve customer service. After the conclusion of a...
 
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