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Mar 27, 2015
The government of St Helena (SHG) and its Department for International Development (DFID) on Friday appointed airline Comair as the provider of air services to St Helena with the Island’s first airport opening in 2016. Comair would offer a weekly Saturday service,...
Mar 27, 2015
The Department of Communications (DoC) digital terrestrial television (DTT) project team was accelerating its efforts to “revive” South Africa’s long anticipated transition from analogue to digital broadcasting. After a more than six-year delay, the next few weeks...
Mar 27, 2015
Paul-Roux de Kock
Residential property prices are forecast to grow at 7.2% this year, on the back of 6.72% growth in 2014.
Mar 27, 2015
The petrol price will increase by R1.62/ℓ next week, while diesel would increase by R1.24/ℓ, the Department of Energy (DoE) revealed on Friday. The DoE said the adjustment was based on local and international factors.
Mar 27, 2015
President Jacob Zuma
President Jacob Zuma says the independent commission of inquiry into Eskom should get to the root cause of the problems facing the power utility. In an exclusive interview with the South African Broadcasting Corporation (SABC) on Thursday night, the President spoke...
Mar 27, 2015
South African Airways (SAA) announced on Friday that it has completed its 90-Day Action Plan. This was launched on December 9 and was intended to enable the full implementation of the airline’s already approved Long Term Turnaround Strategy (LTTS). The airline also...
Mar 27, 2015
A South African court dismissed on Friday an application by Westinghouse Electric Company to re-open the bidding process for a generator contract awarded to French rival Areva, a court official said. Westinghouse, the world's largest nuclear fuel producer and part of...
Mar 27, 2015
Lynne Brown
Power utility Eskom has implemented regular power cuts this year to prevent the national grid being overwhelmed, as South Africa faces its worst energy crisis in decades, Public Enterprise Minister Lynne Brown said earlier this week, adding that power outages cost...
Mar 27, 2015
Mar 27, 2015
Mar 27, 2015
Mar 27, 2015
 
 
 
Mar 27, 2015
President Jacob Zuma has appointed South African Reserve Bank (SARB) adviser and Monetary Policy Committee member Kuben Naidoo as SARB deputy governor, following the promotion of former incumbent Lesetja Kganyago to SARB governor in November. Naidoo, who will take up...
Mar 27, 2015
Eskom CEO Tshediso Matona
Eskom CEO Tshediso Matona's challenge to his suspension was struck from the roll at the Labour Court in Johannesburg on Friday. "The application is struck from the roll," Judge Benita Whitcher said.
Mar 27, 2015
The agricultural sector has a key role to play in a green economy, which incorporates both an environmental and social dimension, notes Council for Scientific and Industrial Research (CSIR) senior researcher and/or leader of the Agricultural Green Economy Project Dr...
Mar 27, 2015
The leaders of five East African countries went on a charm offensive on Thursday to lure investors for a massive plan to upgrade infrastructure in the region that has made big hydrocarbon discoveries. Tanzania, Kenya, Uganda, Rwanda and Burundi, whose combined...
Mar 27, 2015
A challenging construction sector, difficult contractual environment and poor operational performance have contributed to JSE-listed construction company Basil Read reporting an R820.9-million aftertax loss for the year ended December 31, 2014. “Lossmaking contracts...
Mar 27, 2015
Mar 27, 2015
Big cities across the world struggle with crime, and Zimbabwe’s Harare is no exception. Naison Gumpo, a journalism student studying in the capital, knows this only too well.
Mar 27, 2015
There is a high possibility of rolling blackouts on Friday, Eskom said on its Twitter account. "The load shedding prognosis today [Friday] remains high and is dependent on the performance of the power plant," the power utility tweeted.
Mar 27, 2015
South African utility Eskom fired 1 000 workers at a power plant on Friday and its chief executive failed to overturn his suspension, worsening the turmoil at the company. Africa's most advanced economy is suffering its most severe power shortage since 2008 as...
Mar 27, 2015
Government continues to stress the importance of the agroprocessing agenda in an attempt to bolster economic growth and job creation, while also securing South Africa’s future food requirements in an economy that fell short of its growth target in 2014, achieving...
 
 
 
 
Mar 26, 2015
Article contains comments
The presidency on Thursday said it would not entertain what it called rumours and gossip about operations at Eskom. "President Jacob Zuma has been kept fully briefed about the developments at Eskom and the attempts being made by the Minister of Public Enterprises, Ms...
Mar 26, 2015
Mar 26, 2015
Article contains comments
A senior US embassy official has urged the South African government to address a number of mixed messages on the openness of the country to foreign investment so as to take advantage of a growing appetite among American companies for investments into the country and...
Mar 26, 2015
The Gauteng Department of Roads and Transport has suspended its transport services Chief Director Loyiso Marasela for alleged financial misconduct, MEC Ismail Vadi told the members of the legislature on Thursday. Vadi said his department has completed two separate...
Mar 26, 2015
Reserve Bank governor Lesetja Kganyago
The repo rate will remain unchanged at 5.75%, South African Reserve Bank governor Lesetja Kganyago said on Thursday. "Given the uncertainty related to the US policy normalisation and the weak state of the domestic economy, the MPC (monetary policy committee) has...
Mar 26, 2015
Article contains comments
Eskom CEO Tshediso Matona
Eskom questions why CEO Tshediso Matona's suspension should be lifted before the outcome of his case at the Commission for Conciliation, Mediation, and Arbitration (CCMA), the Labour Court in Johannesburg heard on Thursday. "... This is frustrating the work of the...
Mar 26, 2015
Article contains comments
DA leader Helen Zille
President Jacob Zuma must explain why he instructed Eskom's chairperson to launch an inquiry into the utility's performance, which led to the suspension of top executives, DA leader Helen Zille said on Thursday. "The president's personal intervention begs the...
Mar 26, 2015
Participation as an African partner country, with South Africa, in the international Square Kilometre Array (SKA) radio telescope programme is important to Mozambique, the country’s Vice Minister for Science, Technology, Higher and Professional Education, Leda Hugo,...
Mar 26, 2015
Article contains comments
South Africa's Eskom said striking workers had destroyed property at the Medupi power plant it is building and the State-owned utility closed the site on Thursday to assess the damage. Labour disruption and technical faults have increased costs at the long-delayed...
Mar 26, 2015
Automotive component manufacturer and distributor Metair had a target to build its vehicle battery production capacity to 50-million batteries a year within the next five years, said MD Theo Loock on Thursday. Current capacity was 11-million batteries a year.
 
 
 
 
Mar 26, 2015
The Economist Corporate Network director Herman Warren
A new survey of 206 African business executives shows that the revenue and profit contribution from the continent is expected to rise materially in the coming five years, while Nigeria’s importance as a primary market is likely to increase and South Africa’s decrease...
Mar 26, 2015
South Africa's Eskom will implement rolling power cuts from 12:00 to 22:00 on Wednesday, the power utility said on its official Twitter page. The state-owned power utility said it would cut 2 000 MW of electricity from the strained grid.
Mar 26, 2015
Telecoms giant Vodafone has so far not held talks with South Africa over the London-listed firm buying Pretoria's stake in its local subsidiary Vodacom, CE Vittorio Colao said on Wednesday. However, Colao told a news conference in Johannesburg he was open to talks...
Mar 26, 2015
Article contains comments
A total of 65 Rea Vaya bus drivers were back at work following discussions between the South African Municipal Workers Union (Samwu) and bus operators, the union said on Wednesday. "There was a bargaining council on March 23 [Monday], where parties, being Samwu and...
Mar 26, 2015
Mar 25, 2015
State-owned implementation agency, the Automotive Industry Development Centre (AIDC), on Wednesday launched construction of its new R80-million incubation centre, located at Nissan South Africa's manufacturing facility, in Rosslyn, north of Pretoria. This would be...
Mar 25, 2015
Eskom chairperson Zola Tsotsi
Eskom board chairperson Zola Tsotsi has not been removed, the power utility said on Wednesday. Eskom media desk was responding to questions on a report that the four executives, suspended earlier this month, were not suspended because they initiated an audit of the...
Mar 25, 2015
Deputy President Cyril Ramaphosa
Deputy President Cyril Ramaphosa on Wednesday cast the probe into Eskom's top management as a bid by Public Enterprises Minister Lynne Brown to find the faultlines in the running of the utility. "These are not squabbles... they were requested to be on leave of...
Mar 25, 2015
Article contains comments
Western Cape Minister of Economic Opportunities Alan Winde
The agriculture sector is fast becoming “serious business” for the Western Cape and South Africa, says Western Cape Minister of Economic Opportunities Alan Winde, who envisages a future in which agricultural produce from the Western Cape plays a major role in feeding...
Mar 25, 2015
Representatives of African Union (AU) member States, Parliamentarians, African farmer’s organisations and donor partners have this week met in Johannesburg to discuss how a 2014 declaration to advance agricultural growth on the continent can be translated into...
 
 
 
 
Mar 25, 2015
Article contains comments
Energy thought leader at Eskom Mike Rossouw
The key performance indicators (KPIs) for Eskom power station managers are being reworked to ensure a recovery in plant energy availability factor (EAF), which has fallen from over 85% in 2010 to below 75%. Energy thought leader at Eskom Mike Rossouw said on...
Mar 25, 2015
South Africa will harvest 9.666-million tonnes of maize in 2015, almost unchanged from a previous forecast as white maize plantings decreased while yields on yellow crop increased, a government agency said on Wednesday. The maize crop will consist of an estimated...
Mar 25, 2015
Outgoing TNPA CEO Tau Morwe
Tau Morwe will take early retirement and step down as Transnet National Ports Authority (TNPA) CEO at the end of April. Morwe, who joined Transnet in 1997, has served as CE at three of the group’s divisions – TNPA, Transnet Freight Rail and as the first CE of...
Mar 25, 2015
Mar 25, 2015
The Department of Trade and Industry’s (DTI’s) plans for the development of black industrialists are gaining traction, with the intention to launch the Black Industrialists Development Programme within a month, DTI director-general Lionel October said on Wednesday....
 
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