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Sep 02, 2014
Despite various challenges related to the extraction of shale oil and gas, as countries grow accustomed to the idea, the use of shale as a form of energy will be more widely pursued, international oil and gas market analyst Michael Lynch said on Tuesday. Speaking at...
Sep 02, 2014
A consortium led by two Kenyan firms won a government tender to build a 1 000-MW, coal-fired power plant, company officials said on Tuesday, part of moves to satisfy rising demand for energy in East Africa's biggest economy. Kenya suffers from regular blackouts due...
Sep 02, 2014
TNPA CEO Tau Morwe
The announcement of the successful bidder for the construction of Durban’s long-awaited passenger cruise terminal was imminent, Transnet National Ports Authority (TNPA) CEO Tau Morwe told delegates at the African Ports Evolution Conference in Durban on Tuesday. ...
Sep 02, 2014
Professor John Briscoe
Global leaders are gathering in Stockholm, Sweden, this week for the twenty-fourth annual World Water Week, at which South African native Professor John Briscoe will on Thursday be awarded the Stockholm Water Prize from King Carl XVI Gustaf of Sweden at a ceremony in...
Sep 02, 2014
Despite being Africa’s economic powerhouse, South Africa has fallen behind in terms of the number of people per 100 that have access to fixed and mobile broadband, Saab Grintek Technologies CTO Suraj Ramlall said on Tuesday. Broadband in South Africa was generally...
Sep 02, 2014
Some of the best innovations worldwide had been conceptualised and delivered during or immediately following a recessionary period, Internet Solutions MD Saki Missaikos said on Tuesday. Speaking at the Southern Africa Telecommunication Networks and Applications...
Sep 02, 2014
Regional interconnections and oil discoveries are expected to drive the transmission and distribution industry’s (T&D’s) growth in East Africa, the second-fastest growing region in Africa, global growth consulting firm Frost & Sullivan said on Tuesday. The...
Sep 02, 2014
Walter Hill
Eqstra’s Contract Mining and Plant Rental division served as a heavy drag on the company’s results for the year ended June 30, released on Tuesday. Group revenue increased by 9.8%, to R10-billion, compared with the previous financial year, while operating profit...
Sep 02, 2014
Sep 02, 2014
Sep 02, 2014
Sep 02, 2014
 
 
 
Sep 02, 2014
South Africa is becoming more and more dependent on imported petrol and diesel, MPs heard on Tuesday. "Increasingly, we are relying a lot on imports of finished products... these figures have been climbing in recent years," energy department deputy director general...
Sep 02, 2014
E-tolling Gauteng's highways has failed and the system falls short of its intentions, the Opposition to Urban Tolling Alliance (Outa) said on Tuesday. "This system is falling far short of its intentions and targets," Outa chairperson Wayne Duvenage told public...
Sep 02, 2014
Fuel cell products provider Ballard Power Systems has appointed Randall MacEwen as president and CEO, effective October 6, replacing John Sheridan, who is retiring after serving as the company’s president and CEO since 2006. Sheridan would continue to serve as an...
Sep 02, 2014
Sub-Saharan Africa’s digital revolution was not set to get under way  – it had already started, Ericsson VP for strategy, marketing and communication Tumi Sekhukhune told delegates at the Southern Africa Telecommunication Network and Application Conference...
Sep 02, 2014
Rhodes Food Group Holdings, a South African manufacturer of frozen food and prepared meals, said on Monday it planned to raise R600-million ($56-million) through a listing in Johannesburg. Rhodes, which supplies major retailers such as Pick n Pay and Shoprite with...
Sep 01, 2014
Government, in conjunction with industry clusters had to encourage preferential procurement in the mining industry, Department of Trade and Industry (DTI) capital equipment and allied services director Tapiwa Samanga has said. In a statement issued on Monday, he...
Sep 01, 2014
Neil Gopal
The South African Property Owners’ Association (Sapoa) has appealed to Rural Development and Land Affairs Minister Gugile Nkwinti to invoke the discretionary powers available to him under the Spatial Planning and Land Use Management Act of 2013 to prevent...
Sep 01, 2014
The Financial Services Board (FSB) has extended telecommunications group MTN’s broad-based black economic-empowerment trading platform MTN Zakhele’s exemption to the directive requiring over-the-counter (OTC) trading platforms to apply for a licence to operate,...
Sep 01, 2014
Bidvest CEO Brian Joffe
Appraising a financial year characterised by an “increasingly disruptive” strike-hit fourth quarter, service, trading and distribution company Bidvest CEO Brian Joffe has described the company’s overall results as “satisfactory”, buoyed somewhat by a strong...
Sep 01, 2014
Statistics released by the Department of Trade and Industry on Monday, showed that August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37...
 
 
 
 
Sep 01, 2014
The 14 350 km Sat-3/Wasc/Safe cable system connecting Europe to the west coast of Africa has been successfully upgraded, doubling the system capacity. The fourth upgrade, undertaken by Alcatel-Lucent and the Sat-3/Wasc/Safe consortium, which includes Telkom, had seen...
Sep 01, 2014
Telkom CEO Sipho Maseko
As telecommunications group Telkom continued the turnaround that raised its share price from R11 a few years ago to the current R55 a share, the previously beleaguered group aimed to play a significant role in the provision of broadband to all South Africans....
Sep 01, 2014
Wilson Bayly Holmes-Ovcon (WBHO) had delivered “a reasonable performance” for the financial year ended June 30, said CEO Louwtjie Nel on Monday. “We are getting through this tough period. It hasn’t really improved much over the past two, three years, even...
Sep 01, 2014
The Independent Communications Authority of South Africa (Icasa) on Monday called for comment on a new roadmap aimed to promote investments, enable a “vibrant and competitive” telecommunications industry and ensure universal broadband access. Stakeholders would...
Sep 01, 2014
Several rural communities are facing severe water contamination, the DA said on Monday after it conducted a probe into water quality in four provinces. "The vast majority of South Africans are receiving clean and reliable water, but there are problems and they appear...
Sep 01, 2014
Article contains comments
Sep 01, 2014
Dr Siyabonga Cwele
As South Africa entered the “spring” of its ambitious South Africa (SA) Connect broadband strategy, Telecommunications and Postal Services Minister Dr Siyabonga Cwele on Monday assured stakeholders that South Africa’s information and communication technology...
Sep 01, 2014
South African utility Eskom said on Monday that a report in a business newspaper that power supply would be "highly constrained" for the next five years was a "worst-case scenario." "It would not be correct to say categorically that it would take five years. That is...
Sep 01, 2014
The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) rose by 3.1 index points to 49 in August, signalling a return to more normal manufacturing output levels following months of production disruptions owing to industrial action in the platinum mining and...
Sep 01, 2014
E-tolls in Gauteng will cripple South Africa's economy, the Justice Project South Africa (JPSA) said on Monday. "This will cripple the economy of Gauteng and indeed South Africa as a whole," JPSA chairperson Howard Dembovsky told public hearings in Midrand on the...
 
 
 
 
Sep 01, 2014
In its first appointment of a female to head up the continent’s biggest and busiest airport, Airports Company South Africa (ACSA) has named Bongiwe Pityi as the new GM of OR Tambo International Airport, with effect from September 1. An attorney of the High Court of...
Sep 01, 2014
Low-cost Pan-African airline fastjest has launched flights between Dar es Salaam,  Tanzania, and Entebbe, Uganda, marking the opening of the first direct air link between the two African capitals and the fourth international route offered by the airline. Noting that...
Sep 01, 2014
The M4 SUV
Great Wall Motors South Africa (GWM SA) has dropped the price on many of its vehicles by between R5 000 and R30 000. COO Warren Olson says this move is not linked to declining sales at the Chinese importer, but rather Super Group taking a controlling interest in the...
Sep 01, 2014
Reiterating that the economy would remain the country’s apex priority over the next five years, President Jacob Zuma at the weekend urged South African ambassadors and high commissioners stationed abroad to prepare themselves for “vigorous” marketing and trade...
Sep 01, 2014
The United Arab Emirates (UAE) will provide Egypt with petroleum products worth $8.7-billion over a year starting in September, an Egyptian official told Reuters on Sunday. Egypt has struggled to curb its swelling budget deficit and meet its soaring energy demands,...
Sep 01, 2014
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Aug 29, 2014
Aug 29, 2014
Article contains comments
The pump prices of both grades of petrol and wholesale diesel, as well as the maximum retail prices of illuminating paraffin and liquefied petroleum gas (LPG), are set to decrease from September 3, the Department of Energy said on Friday. Petrol would drop by 67c/l,...
Aug 29, 2014
Article contains comments
The amount owed to municipalities for services has continued to rise, reaching R94-billion by June, compared with the R93.3-billion recorded in December. Households still accounted for the bulk of the aggregate municipal consumer debts; however, this had declined...
Aug 29, 2014
Mining and energy solutions firm Cronimet Mining Power Solutions officially broke ground and began its engineering, procurement and construction (EPC) contracting activities for a large Namibian photovoltaic (PV) power plant on August 18. The PV project is located in...
 
 
 
 
Aug 29, 2014
Nancy Njeri lugs a sack of fresh coffee berries to a hilltop factory from her small farm, which produces one of Kenya's main cash crops yet earns barely enough for her family of seven children. "We are toiling hard and the coffee does not give us good returns," she...
Aug 29, 2014
Aug 29, 2014
Article contains comments
Vuli Cuba has resigned as chairperson of JSE-listed construction group Stefanutti Stocks. Cuba took up the position following the resignation as chairperson of Stefanutti founder Gino Stefanutti on July 15.
Aug 29, 2014
Article contains comments
South Africa’s development is being hampered by a serious shortage of skilled engineers, especially in the public sector, and the situation has been described as one of the worst capacity crises in years, a research report by professional body Royal Institution of...
Aug 29, 2014
Article contains comments
To bolster its argument that renewable energy is critical to combating climate change, the World Wide Fund for Nature-South Africa (WWF-SA) has commissioned a series of reports that investigates the state of renewable energy in the country, focusing on how it can be...
 
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