More oversight of SAA spending needed, Parliament hears

2017-11-16 08:24

The funding of South African Airways has not been undertaken in a deficit-neutral manner, resulting in a projected R3.9bn breach of the expenditure ceiling, Parliament has heard.

SAA shouldn't rely on bailouts, Parliament hears

2017-11-15 12:02

Government guarantees to South African Airways should not be viewed as an easy option to avoid managing risks as currently appears to be the case, says the Financial and Fiscal Commission.

Siemens helps digital skills development in Africa

2017-11-03 16:42

The Fourth Industrial Revolution makes the development of digital skills vital, says the CEO of Siemens Southern and Eastern Africa.

African construction boom lures cement giants to circle PPC

2017-10-30 07:03

PPC has reported a loss in its last fiscal year, doesn’t have a permanent chief executive officer and its home market has just come out of recession.

Farmers' court victory gains Karoo fracking reprieve

2017-10-21 09:00

Farmers have put the brakes on fracking in the Karoo for now, as the mining ministry mulls whether it should appeal a court ruling that declared fracking regulations invalid.

PPC Slurry and NUM sign wage agreement

2017-10-19 18:14

PPC has confirmed that the local management of its Slurry plant and members of the National Union of Mineworkers have reached an agreement on wage negotiations.

SA needs to revamp its new public transport system

2017-10-14 11:00

Fewer people than forecast are using SA's new Bus Rapid Transit systems. One solution is to build more affordable housing along bus routes, argue two academics.

City of Cape Town intends to take over Metrorail

2017-10-12 13:36

Mayoral Committee Member for Transportation and Urban Development Brett Herron has announced that the City intended to take over the management of Metrorail.

More than 25% oppose AfriSam merger - PPC

2017-10-06 12:31

PPC says it has received letters representing "likely more than" 25% of shareholders indicating opposition to a proposed merger with rival AfriSam.

African Refiners & Distributors Association confirms commitment to clean fuel

2017-09-24 16:56

The African Refiners & Distributors Association held a clean fuels workshop in Togo recently on the challenges and solutions for clean fuels on the continent.


Be honest about reasons for SAA's problems - Gcwabaza

2017-11-15 16:40

It is time to go back and dig into the history of South African Airways to uncover the reasons for its problems, says Parliament’s standing committee whip Ndabaka Gcwabaza.

Industrial park emerges from Highveld

2017-11-12 07:09

Management upcycles giant steel plant to provide jobs and business space in new industrial park, writes Sizwe sama Yende.

PSG-backed Cape company unveils water solution product

2017-10-31 15:13

GrahamTek, a global desalination and water purification company based near Cape Town, has unveiled a sea water desalination plant for deployment in Saudi Arabia.

Transnet Port Terminal claims awards for business excellence

2017-10-24 19:24

Transnet Port Terminals came out tops at the recent PMR Africa Awards.

BP chairperson to step down

2017-10-20 10:45

BP says that chairperson Carl-Henric Svanberg has decided to step down after a spell of almost eight years which included the devastating Gulf of Mexico oil spill disaster.

Industrial sector drives SA property returns - index

2017-10-19 16:38

The SA property investment sector has delivered an ungeared total return of 6.1% for the first six months of 2017, shows an MSCI index.

AB InBev to sell Zambia unit to Zim associate Delta

2017-10-13 14:58

Anheuser-Busch InBev’s Zimbabwe based associate Delta Corporations, says it is in the process of finalising a transaction to acquire a controlling stake in the National Breweries of Zambia.

SA seeks Glencore, Vitol talks as legal fight looms

2017-10-11 11:30

South Africa plans to engage with traders who acquired strategic oil reserves two years ago, even as it prepares legal action to try to cancel the deal.

SAA said to hire industry veteran to turn airline around

2017-10-05 10:07

SAA has agreed to hire a restructuring expert to help turn around the airline and meet conditions laid down by lenders to roll over debt, according to two people familiar with the matter.

Dangote ups bidding war for PPC with cash, share offer

2017-09-22 08:28

Dangote Cement has written to PPC offering cash and shares as part of a takeover deal that is fuelling a bidding war.

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