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Breaking News
 
PROPERTY DEVELOPMENTS

Sasol to start construction on giant Sandton offices Restricted

The Sasol Pension Fund, in a 50:50 partnership with developers Alchemy Properties, will, this month, start construction on a ten-storey, 67 000 m2 office building at 2 Katherine Street, in Sandton. Once completed in the second half of 2016, it...
21 May 13
 
 
US-AFRICA RELATIONS

Obama to make first trip to SA, seeks stronger ties with Africa Restricted

President Barack Obama’s visit to South African shores – the first US Presidential visit to South Africa in a decade – would be a “moment of promise” as the leader aimed to make good on a stated aim of strengthening ties with the African...
21 May 13
 
 
trade

Africa offers opportunity for north, south to work together – Zuma Restricted

In developing Africa, countries from the north and the south have the unique opportunity to work together to change the lives of millions of Africans, President Jacob Zuma said today. Briefing the media in Tuynhuys during a visit by Canada’s...
 
 
PROPERTY

Growthpoint announces R2.5bn capital raising Restricted

JSE-listed Growthpoint said on Tuesday that it would embark on a R2.5-billion capital raising to fund its pipeline of potential acquisitions and estimated R1.2-billion in development opportunities. The property group, which would issue new linked...
21 May 13
 
 
LABOUR

Gordhan warns of unrest cross-roads Restricted

South Africa is at a cross-roads over renewed labour unrest in the mining sector, Finance Minister Pravin Gordhan warned on Tuesday. Introducing debate on his budget vote in the National Assembly, Gordhan said something needed to be done or the...
21 May 13
 
 
STEEL

Turkish steel manufacturers to visit SA Restricted

The Turkish Steel Exporters’ Association (CIB) on Tuesday said it would bring a high-level delegation of prominent steel manufacturers and exporters to South Africa to explore areas of cooperation and new business prospects with local companies....
21 May 13
 
 
WATER

DWA to roll out R4.3bn interim water supply programme Restricted

The Department of Water Affairs (DWA) will start rolling out the new interim water supply programme (IWSP), aimed at addressing the backlogs of municipal water-related service delivery, in July, Water and Environmental Affairs Minister Edna Molewa...
21 May 13
 
 
GREEN BUILDING

Numsa’s eco-friendly JHB regional offices to be completed by July Restricted

The R15.5-million refurbishment and transformation of the National Union of Metalworkers of South Africa’s (Numsa’s) regional office, in central Johannesburg, into the first eco-friendly union office in Gauteng, would be complete in July,...
21 May 13
 
 
RAIL INFRASTRUCTURE

Transnet moves on plan to build heavy-haul manganese corridor to Coega Restricted

Siyabonga Gama A R2.3-billion project to upgrade the railways network from the manganese-rich Northern Cape province to the Port of Ngqura, in the Eastern Cape, has been approved, Transnet Freight Rail (TFR) CEO Siyabonga Gama revealed on Tuesday. Speaking at a...
21 May 13
 
 
BROADBAND

DoC to table final broadband policy next month Restricted

The Department of Communications (DoC) on Tuesday said it would table its revised National Broadband Policy for South Africa with Cabinet during June. Delivering her Budget Vote speech, in Cape Town, Communications Minister Dina Pule said the DoC...
21 May 13
 
 
ELECTRICITY

NamPower in talks with Zambia's CEC on Kudu plant stake Restricted

Namibian power utility NamPower is close to reaching a deal with Zambia's Copperbelt Energy Corporation (CEC) to take a 30% equity stake in its much-delayed Kudu gas-to-power project, MD Paulus Shilamba said on Tuesday. As part of the deal, which...
21 May 13
 
 
E-TOLLS

Sanral interdicted over W Cape tolls Restricted

The City of Cape Town was granted an interim interdict on Tuesday halting the proposed N1/N2 Winelands Toll Highway Project in the Western Cape. Western Cape High Court Judge Ashley Binns-Ward ordered that interim relief be granted pending the...
21 May 13
 
 
 
 
 
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