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News This Week
 
Property Development

$200m Mauritius property development on track, despite meltdown

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The $200-million La Balise Marina-Mauritius project in the Black River area on the south-west coast of Mauritius developed by ENL Property, part of the ENL group based in Mauritius, together with Investec (Mauritius) Bank is progressing well.
12 Mar 10
 
 
ENERGY FINANCE

$320m ‘soft’ Japanese loan for Kenyan geothermal project

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Kenya has received a $320-million soft loan from Japan to boost investments in the energy sector.
12 Mar 10
 
 
ROAD INFRASTRUCTURE

Additional $1m needed to repair earthquake damaged road in Malawi

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The Chinese government, which is financing the ongoing construction of the 106-km Karonga–Chitipa road, in northern Malawi, says it will cost $1-million to reconstruct a stretch of the road that was damaged by an earthquake which hit the...
12 Mar 10
 
 
ENGINEERED EQUIPMENT

Austrian plant engineering company launches in South Africa

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International plant engineering and construction company the Austrian Energy & Environment group (AE&E), a division of A-TEC Industries, is planning to open an office in South Africa in April.
12 Mar 10
 
 
CAPITAL EQUIPMENT

Bidvest seeks to exit heavy equipment business

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Services, trading and distribution group Bidvest was to exit its heavy equipment business, says CEO Brian Joffe.


12 Mar 10
 
 
AUTO INDUSTRY – 3

Car importer reports rise in 2009 sales, despite dismal market

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South Africa’s biggest vehicle importer, Associated Motor Holdings (AMH), responsible for bringing Hyundai, Kia, Daihatsu and Tata to the country, saw sales increase by 22% in 2009 compared with 2008, says CE Manny De Canha - this as the total...
12 Mar 10
 
 
AUTO SALES

Car prices could jump 2% on South African carbon tax

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Vehicle prices would jump by around 2% when government’s new carbon tax was implemented on September 1, says McCarthy CEO Brand Pretorius.
12 Mar 10
 
 
AUTO INDUSTRY – 2

Clean-fuel pressure should be placed on 
South African oil companies

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Mercedes-Benz South Africa president and CEO Dr Hansgeorg Niefer says he has difficulty in understanding why there is not more pressure on fuel companies to produce cleaner diesel and petrol in South Africa.


12 Mar 10
 
 
CONSTRUCTION MATERIALS

Clinker kiln delay forces Kenyan group to seek outside supply sources

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Delays in the construction of a new clinker kiln have forced the second-largest cement manufacturer in Kenya to put out a tender for the supply of clinker, an important ingredient in cement production.
12 Mar 10
 
 
 
 
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News This Week Multimedia
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