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African News Agency

City of Cape Town to extend MyCiti bus route in Mitchells Plain

19th November 2015 The City of Cape Town is set to extend the footprint of its MyCity bus service in Mitchells Plain. The City will on Saturday launch an additional MyCiTi route in Mitchells Plain which will form part of the very popular N2 Express service which currently operates between Mitchells Plain and the... 

SAA chair says she will answer question on whether she will resign in 7 days

19th November 2015 SAA board chairperson Dudu Miyeni on Wednesday asked for seven days within which to tell MPs whether she would resign from her position or not. Briefing Parliament’s standing committee on finance and its portfolio committee on public enterprises, Miyeni came under fire from opposition parties,... 

Parliament approves nomination of Icasa councillors

19th November 2015 The National Assembly on Wednesday approved the nomination of Lumko Mtimde, the former head of the Media Development and Diversity Agency, and six others as councillors for the Independent Communications Authority of South Africa (Icasa). Paris Mashile, a former Icasa chairperson, is also in the... 

SA’s Hospitality to acquire 10 Tsogo Sun hotels in share deal

18th November 2015 South Africa’s Hospitality Property Fund and Tsogo Sun Holdings have agreed that Hospitality will acquire ten hotels from Tsogo in exchange for shares, a financial statement said on Wednesday, advising shareholders to exercise caution in trading. The deal will see Hospitality convert its... 

Still a great need for more female directors on corporate boards – report

18th November 2015 A new study has found that men still dominate corporate boards globally, while women in companies still struggle to achieve equal representation in boardrooms. Sandra Burmeister, Amrop Landelahni CEO, noted how “the number of female directors on corporate boards has grown slowly and unevenly over... 

Cement maker PPC sales up but profit bumped by weak SA business

18th November 2015 Cement Maker PPC’s revenue grew 2% to R9.2-billion in the year to end-September – supported by growth in Zimbabwe and Botswana – but headline earnings a share dropped 19% to 145c owing to higher finance costs and a weak South African cement business, the company said in a statement on Wednesday.... 

Joburg city to spend R500m on power substations upgrade

18th November 2015 The City of Johannesburg’s power utility City Power will spend more than R500-million over the next three years to upgrade six power substations, adding 1 000 MVA woud be added to the city’s capacity on completion of the upgrading,a senior official said on Wednesday. The city’s member of the... 

Eleven bullet riddled bodies of illegal miners recovered at Johannesburg mine

18th November 2015 Eleven bodies riddled with bullets were recovered by police at Gold One mine, in Benoni, east of Johannesburg. The dead miners are thought to be victims of another incident of turf wars between illegal miners. 

Nigerian commission stands by MTN fine, the company’s 2nd

17th November 2015 The Nigerian Communications Commission (NCC) has defended the $5.2-billion sanction on MTN Nigeria, adding that it was the second fine imposed on the operator in two months for the same violation. The commission’s director of public affairs, Tony Ojobo, said the NCC had acted “in the interest of... 

Majuba silo design to blame for collapse, says Eskom

16th November 2015 A design flaw resulted in the collapse of Mpumalanga’s Majuba power station’s coal storage silo last year, resulting in widespread load shedding, Eskom executives said on Monday. “The investigation has been concluded which shows there was a flaw in the design of the silo. American design... 


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