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Affordability of energy must be prioritised – Radebe

5th September 2018 South Africa's Energy Minister Jeff Radebe has urged the prioritisation of energy affordability in order to attract investment. During his keynote address at the Africa oil and power conference held at the Cape Town International Convention Centre he said it was imperative in order to create jobs. 

Green light for affordable Cape Town housing near V&A Waterfront

5th September 2018 Western Cape Premier Helen Zille on Tuesday said she "welcomed" the green light for affordable housing close to the V&A Waterfront in Cape Town. He comments follow the rezoning approval received by the provincial government to develop affordable housing on one of South Africa’s most valuable... 

Mantashe pleased with mining contribution to GDP

4th September 2018 The mining and quarrying sector contribution to the gross domestic product (GDP) bode well for the sector and indicated a commodity boom may be imminent, Mineral Resources Minister, Gwede Mantashe, said on Tuesday. Statistics South Africa said on Tuesday that mining and quarrying industry... 

More than 100 commuters injured in Joburg train collision

4th September 2018 Metrorail has said that a total 112 commuters, mostly without valid train tickets, sustained minor injuries and seven with serious but not critical injuries are receiving medical attention at four local hospitals after a collision between two passenger trains in Johannesburg. This comes after a... 

Exclusion of new nuclear power capacity not deliberate – Radebe

4th September 2018 The decision to shelve plans to build new nuclear power plants was not based on principle but price and reduced electricity demand, Energy Minister Jeff Radebe said on Tuesday.  "We have not deliberately left nuclear out but it is not in the plan due to lower demand and lower cost of other... 

Hotel group Hilton opens $100m Society Business Park in Zambian capital

4th September 2018 Luxury hotel group Hilton has opened the refurbished 20-floor mixed-use development Society Business Park which houses Hilton Garden Inn in the Zambian capital Lusaka. In 2011, Zambia National Building Society (ZNBS) and the National Pension Scheme Authority (NAPSA) entered into a 20-year... 

MTN says concludes sale of MTN Cyprus to Monaco Telecom

4th September 2018 South Africa-based multinational mobile telecommunications company MTN said on Tuesday it had concluded the sale of 100% of MTN Cyprus to Monaco Telecom. MTN announced on July 16 that its wholly owned subsidiary, MTN Dubai Limited, had entered into an agreement for the deal. 

Investec Property to develop R2bn mixed-use precinct at Wanderers Golf Club

3rd September 2018 The Wanderers Golf Club has unveiled plans to develop a R2-billion 1 ha mixed-use precinct in Johannesburg's northern suburbs located in Illovo, between Sandton and Rosebank, in partnership with Investec Property. The proposed development will include high-end commercial office space, luxury... 

China not Africa's new colonial power – Ramaphosa

3rd September 2018 South African President Cyril Ramaphosa used his address at the opening ceremony of the Forum on China–Africa Cooperation (FOCAC) in Beijing on Monday to rebut claims that China was becoming Africa's new colonial power. "In the values that it promotes, in the manner that it operates and in the... 

Hundreds of Mazowe Mine employees in Zimbabwe reportedly to be retrenched

3rd September 2018 Hundreds of Mazowe Mine employees will reportedly lose their jobs after the company was put under care and maintenance in Zimbabwe. Mazowe Mine is part of the Metallon Corporation group which includes How Mine, Mazowe Mine, Shamva, and Redwing Mine. The employees have reportedly been given three... 

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