R/€ = 17.29 Change: 0.01
R/$ = 14.75 Change: 0.00
Au 1754.61 $/oz Change: -31.61
Pt 944.00 $/oz Change: -4.10


US government backs AES bid for SA peaking-power project

By: Terence Creamer     14th June 2006 A US government agency has approved a $550 900 technical-assistance grant for a black economic-empowered (BEE) company partnering the giant US energy group, AES, in its bid to build one of the private peaking-power plants currently out to tender from the Department of Minerals and Energy (DME).... 

Disposal of top tourist destination just the beginning for Transnet

By: Terence Creamer     9th June 2006 State transport company Transnet last week set in motion its much-contested and long-awaited noncore asset-disposal programme, placing the high-profile Victoria & Alfred (V&A) Waterfront property development on to the auction block. 

Gautrain not a 'white elephant' - transport MEC

By: Mariaan Webb     6th June 2006 The Gauteng transport MEC Ignatius Jacobs reiterated in his 2006/7 budget speech that the Gautrain would not become a “white elephant” and that the department had allocated the bulk of its record R6,2-billion budget for the year to the implementation of this project. 

Investment in technology key to competitiveness

2nd June 2006 South African companies involved in today’s many and varied design and manufacturing industries face the challenge of having continually to respond to the ever-increasing pressures of global competition. 

AECI, province seek solution to expropriation differences

By: Irma Venter     26th May 2006 Specialty chemicals and explosives group AECI has been meeting with the Gauteng provincial government and the Gautrain project team in order to find a solution regarding the company’s opposition to the proposed rapid-rail link. 

Railroading development

By: Irma Venter     26th May 2006 Expropriation of the property required to build the Gautrain has started. 

Gauteng braces for disruptions as initial works get going

By: Irma Venter     26th May 2006 The initial works of the multibillion-rand Gautrain project has started. 

R400m set aside for transport empowerment

By: Keith Campbell     5th May 2006 The recently-announced alliance between the State-owned Industrial Develop-ment Corporation (IDC) and private-sector bank Absa (now part of the UK Barclays group), to provide financing totalling R400-million for black economic-empowerment (BEE) small and medium enterprises (SMEs) in the transport... 

Bombela explains how it is going to make the Gautrain a reality

By: Irma Venter     5th May 2006 When a South African, a Frenchman, a Canadian, and an American sit around a table in South Africa, it can easily be thought of as the opening line of a barroom joke. Or it could be an exemplary show of teamwork to make the world’s second-largest public–private rail project a reality.... 

Spootnet close to finalising auto strategy

By: Irma Venter     28th April 2006 Transnet should have its automotive strategy concluded by June this year, says Spoornet senior manager strategy and marketing Deirdre Strydom. 

Billions set aside for 'just in time' roads infrastructure

By: Helene Le Roux     21st April 2006 The South African roads sector will be the target of investment above and beyond the R63-billion committed by the government. 

Planned R63-billion road investment 'just in time'

By: Helene Le Roux     3rd April 2006 Roads are the largest single sectoral target of the government's ambitious infrastructure rollout plan of R372-billion in the next three years. The R63-billion committed to roads is more than double the allocation of the last three years. A leading economist of the University of Alabama, in the... 

SA shipping company steams ahead

By: Keith Campbell     24th March 2006 South African shipping group Grindrod has successfully plotted a course through the turbulent waters of the international shipping industry, becoming a player in the global market. 

Controversial rail project seeks community buy-in

By: Irma Venter     17th March 2006 The Gautrain project team will award 15 bursaries to engineering students as part of the agreement to build the rapid-rail link between Johannesburg, Pretoria and Johannesburg International Airport. 

Project now needs legal certainity, Treasury go-ahead, documentation sign-off

By: Irma Venter     10th March 2006 The timeline for the multibillion-rand Gautrain project calls for three things to happen in the coming months, says Gauteng provincial government Gautrain project leader Jack van der Merwe. 

SAAT set to begin first passenger-to-freighter conversion in March

By: Terence Creamer     24th February 2006 The technical division of South African Airways, South African Airways Technical (SAAT), concluded a technology agreement with international aerospace company Israel Aircraft Industries (IAI) in December, which has positioned it as a new global hub for the conversion of passenger aircraft into... 

Transnet strike hits Western Cape

By: Liezel Hill     14th February 2006 Thousands of Transnet workers in the Western Cape are expected to down tools on Wednesday, as part of the ongoing dispute between the parastatal's management and key trade unions over the group's restructuring process. 

Transnet likely to seek higher local content in future tenders

By: Terence Creamer     13th February 2006 State-owned transport utility, Transnet, has insisted that half of the manufactured content, by value, of a newly-announced R3,5-billion locomotive-acquisition programme for the coal corridor from Mpumalanga to Kwazulu-Natal will be completed domestically. 

Utility tenders penalised local content

By: Terence Creamer     10th February 2006 Inconsistencies in the manner in which rules on local content and black economic-empowerment (BEE) have been applied in a slew of recent tenders released by State-owned Enterprises' Eskom and Transnet has the South African supplier community up in arms. 

Making new tracks

By: Irma Venter     10th February 2006 A draft environmental report supports the proposed changes – as put forward last year by preferred bidder Bombela and the Gauteng government – to the original alignment of the Gautrain. 

Fixed investment boom to keep truck market boiling

By: Terence Creamer     3rd February 2006 A leading Japanese truck manufacturer believes that the widely anticipated rise in South Africa's gross fixed capital formation over the next couple of years will continue to drive the already heated truck-sales environment, which last year breached 27 000 units. 

Closure countdown

By: Irma Venter     3rd February 2006 Negotiations between the Gauteng government and preferred bidder for the Gautrain project, Bombela, should be completed in late February, after which the legal teams will have time to scrutinise the documentation. 

The rise of the robots

By: Keith Campbell     3rd February 2006 Automation seen as key to meeting world standards 

Permit gridlock. . .

By: Irma Venter     3rd February 2006 The first new taxi in the long-awaited R7,7-billion taxi recapitalisation process should be on the road in July, says Department of Transport spokesperson Collen Msibi. 

Transnet-unions at odds over success of strike action

By: Liezel Hill     31st January 2006 Conflicting reports emerged yesterday as Transnet employees from four key unions began a strike in Kwazulu-Natal and the Free State, with labour pronouncing the action an overwhelming success, while Transnet claimed that it had minimised disruptions through contingency plans. 

Rail and port expansion to boost iron-ore exports

By: Mariaan Webb     16th December 2005 The expansion and refurbishment of the 861-km-long rail line from Sishen to Saldanha and refurbishment and expansion of the iron export facility at South Africa’s deepest port Saldanha, is currently under way to cater for increased volumes of iron-ore exports through the Sishen-Saldanha... 

Train will be welcome addition to Gauteng's strained transport system

By: Irma Venter     16th December 2005 The newly-formed Forum of Professional Transport Associations (FPTA) has come out in defence of the R20-billion plus Gautrain rapid-rail project, which has in recent months been slated by the parliamentary transport portfolio committee (among others) as being too expensive, stating that other... 

Cabinet support confirmed

By: Irma Venter     16th December 2005 At its final meeting for 2005, cabinet last week indicated its support for the Gautrain project. 

Shifting roles

By: Terry Mackenzie-hoy     9th December 2005 South African Port Operations (Sapo) CEO Tau Morwe said at a recent media briefing that Port Elizabeth would probably lose container business to Coega to play an important role, specifically around the automotive sector. 

Cabinet comes out in support of Gautrain

By: Irma Venter     9th December 2005 At its final meeting for 2005, cabinet this week indicated its support for the Gautrain project. This follows as the parliamentary transport portfolio committee last month questioned, among other matters, the cost of the R20-billion-plus project, as well as what it viewed as a lack of planned... 

Knowledge transfer biggest BEE spin-off

By: Irma Venter     9th December 2005 To Strategic Partnership Group (SPG) chairperson Mzolisi Diliza – perhaps better known as Chamber of Mines CE – the most important benefit the black economic- empowerment grouping expects from its participation in building and operating the Gautrain is knowledge transfer. 

Gautrain to be built on Electrostar platform

By: Irma Venter     9th December 2005 The Gautrain will be built on an Electrostar platform, but will be the odd one out in this Bombardier family of trains, as it will have a built-for-speed nose, as opposed to the rather blunt look it normally sports. 

‘Look to SA engineering skills first’ – SAACE president

By: Irma Venter     9th December 2005 By mid-2006 there will be 20 building sites between Johannesburg, Pretoria and Johannesburg International Airport (JIA) as the Bombela consortium should start construction of the Gautrain project early next year. 

Old versus new

By: Irma Venter     9th December 2005 How times have changed . . . and figures . . . 

French company to ensure smooth operation

By: Irma Venter     9th December 2005 French company RATP Dev 

What now for Gautrain?

By: Irma Venter     9th December 2005 The R20-billion plus Gautrain project, which has so far spent five years in the making, has become the subject of a feverish and very public debate in recent weeks. 

Canadian firms seeks to make SA inroads

By: peter cromberge     2nd December 2005 A Canadian-based company offering a range of environmental solutions for industry has entered the South African market with products aimed predominantly at the mining and construction sectors. 

SA scraps Durban port concessioning plan

By: Liezel Hill     25th November 2005 South Africa has shelved plans to invite the private sector to manage the country's busy Durban container terminal in favour of a strategy to improve efficiency and reduce business costs, a top official said yesterday. 

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