Alstom shares plunge on profits warning

2014-01-21 18:03

Shares in French engineering and power group Alstom has fallen by nearly 13.0% in initial trading in reaction to a profits warning by the company.

MPs to interrogate Medupi officials

2013-07-16 14:10

Parliamentarians will visit the Medupi power plant in Limpopo where they will ask hard questions about ballooning costs and delays, says the DA.

DA: Medupi delay to cost taxpayers R10bn

2013-07-09 07:54

The delay in operations at Eskom's Medupi power plant comes at an expected 15% price increase, pushing the cost of the project from R91bn to R105bn, says the DA.

Global giants eye SA rail tenders

2012-09-23 16:52

South Africa’s rail infrastructure plans, including the supply of 7 200 coaches worth R123bn, have caught the attention of Alstom and Siemens among others.

DA takes Hitachi deal to watchdog

2010-04-23 19:05

DA leader Helen Zille has written to the Competition Commission to investigate possible collusion between Hitachi Power Africa and Alstom over a R38.5bn tender to build boilers for Eskom.


Name and shame Medupi culprit - DA

2013-07-26 15:36

The public deserves to know the identity of the sub-contractor responsible for faulty service delivery who misled Eskom and SA, says the Democratic Alliance.

Eskom contractor seeks business rescue

2013-07-09 10:19

A contractor involved in Eskom's Kusile power station project has applied for business rescue proceedings, a report states.

French firm clinches R51bn SA train deal

2012-12-05 16:00

In one of the biggest government deals ever, rail agency Prasa has awarded a R51bn contract to France's Alstom to build 3 600 new passenger trains.

French firm with SA links bust for bribes

2012-03-02 09:36

A French engineering company with links to the South African energy industry has been fined by the World Bank for paying bribes in Africa.

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