The Budget presents a dilemma to the unions. Mboweni himself grappled with the conflicting demands, writes Mpumelelo Mkhabela.
French President Francois Hollande will intervene to try to save the factory that made the country's first high-speed TGV train and is now under threat of closure.
The US has fined French energy and transport giant Alstom $772m for bribing government officials in Indonesia, Egypt and several other countries to win business.
The massive R51m Prasa tender for new passenger carriages is in jeopardy due to local content requirements.
Eskom’s aim to bring online its fleet of coal power stations has been dealt a further blow by the termination of its supplier's contract for Kusile power station.
A Brazilian court has ordered the freezing of more than $104m in assets of French energy and transportation company Alstom as part of a corruption probe.
Shares in Alstom have jumped more than 3% after it confirmed its annual performance targets, with an 11% increase in transport sales in the last quarter.
French industrial giant Alstom has admitted to bribing officials to win power and transportation projects from state-owned entities around the world.
French industrial giant Alstom has agreed to pay $700m to settle US corruption charges related to bribes in a few countries, says a source.
French engineering group Alstom has reported sales and order figures which fit its strategy of selling energy assets to focus on rail equipment.
France has agreed to sell a 3.1% stake in gas utility GDF Suez and could sell up to 3.6% in order to finance the acquisition of a state participation in Alstom.
The “heartbeat” of Eskom’s Kusile Unit 1 is nearing completion, an important milestone in the coal power station’s journey to feed electricity into the grid.
French industrial group Alstom has swung into the red in the first half of the year, partly due to the ceding of power business assets to General Electric.
Eskom says it has appointed a new SA contractor to replace Alstom to execute the control and instrumentation works for the Kusile power station.
Alstom will build a geothermal power plant in Indonesia under a €61m deal with a subsidiary of PT Pertamina, says the French industrial giant.
Investigative journalist Chris Yellend reports that Eskom’s boiled supplier, Mitsubishi Hitachi Power Systems Africa has delivered exactly what Eskom asked for.
Polish prosecutors have charged five people in a corruption case involving contracts won by Alstom, days after the US fined the French firm giant a record penalty.
The French firm Alstom SA has pleaded guilty and will pay $772m in criminal penalties to settle charges with the US justice department.
The French government has authorised the sale of most of Alstom's energy assets to US group General Electric.
General Electric has scored large in its win over Siemens to buy the energy arm of French industrial giant Alstom.
The bosses of Alstom and General Electric have defended their tie-up as good for business, jobs and France.
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