The events that have unfolded in the DA have shown that Zille has more influence than Maimane. He serves at her pleasure, writes Ralph Mathekga.
Showers early. Mostly sunny. Mild.
H. Lawrence Culp has assumed the helm of General Electric in a surprise move meant to stem a two-year decline that has humbled the once-mighty conglomerate and roiled investors.
General Electric South Africa representatives are currently in Zimbabwe to explore investment opportunities, following the country's declaration that it is open for business.
General Electric and Murray & Roberts have been granted an interdict to stop a controversial R4bn Eskom tender to replace a boiler at Duvha power station in Mpumalanga.
General Electric has requested that US regulators drop its designation as a systemically important financial institution in light of significant divestitures over the last year.
General Electric has reshuffled several energy management and research operations into a new subsidiary called "Current" aimed at new energy technologies.
General Electric booked R31.6bn of orders from sub-Saharan Africa in the past 11 months, including oil and gas equipment and locomotives.
Quartz Africa’s funding partner is General Electric and it will have region-specific content and targeted native ads – it is also looking for freelance and full-time journalists in SA, Nigeria and Kenya.
President Jacob Zuma and his Chinese counterpart have signed an agreement regarding the manufacture of locomotives and the establishment of a training centre.
General Electric has reported higher earnings for the third quarter, with especially strong profit gains coming in its aviation and oil and gas divisions.
Transnet has secured a R6bn funding guarantee from a United States export credit agency for the locomotives it is buying from General Electric.
KPMG, which has been under fire in SA for its audits of Gupta-owned firms and its role in the so-called rogue unit report, is facing possible shareholder protests in the US, according to the Financial Times.
The Johannesburg high court has interdicted Eskom from continuing with a controversial R4bn tender to replace the damaged boiler of power station Duvha.
One of the highest-ranking ex-executives at Petrobras has told investigators that Alstom SA and General Electric paid bribes to win contracts more than a decade ago.
General Electric sees the potential to supply more locomotives built in SA to customers in the rest of Africa, as governments seek to expand and upgrade railways.
US antitrust regulators have approved General Electric's purchase of Alstom's energy assets after it agreed to divest some of the French company's key gas turbine assets.
European competition officials have suspended their review of General Electric's proposed $14.1bn acquisition of the energy business of French rival Alstom.
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.
Sweden's Electrolux says it will buy General Electric's appliances business to double sales in North America and take on rival Whirlpool in its biggest ever deal.
General Electric has announced $2bn in new investments in Africa as Washington kicked off the US-Africa Summit, aimed at boosting commercial relations.
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