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Brown urges recapitalisation of SA Express amid questions over waste

30th August 2017 South African Express CEO Victor Xaba was forced to concede on Wednesday that the loss-making airline did not take firm enough action on irregular spending, after Public Enterprises Minister Lynne Brown reiterated that it needed a cash injection from the State. “Let’s say in all fairness not... 

Brown tells Eskom to come clean on Trillian in two days

29th August 2017 Public Enterprises Minister Lynne Brown on Tuesday, gave Eskom a 48-hour deadline to heed her instruction to clarify its relationship with Trillian, her spokesman said. “In June, Minister Brown requested Eskom’s board to clarify issues relating to its Trillian relationship. Following further... 

Spending on new finance management system frozen – DG Mogajane

29th August 2017 Director General of Finance Dondo Mogajane on Tuesday, said he halted all payments in relation to the Internal Finance Management System earlier this month in response to dozens of adverse internal audit findings on the process. Mogajane also told Parliament’s watchdog Standing Committee on... 

Kusasalethu mine fatalities: Chamber of Mines extends condolences

29th August 2017 The Chamber of Mines on Tuesday extended its “heartfelt sympathies” to the families, friends, and colleagues of the three employees who died in a fall of ground accident at Harmony’s Kusasalethu mine near Carletonville. Five miners were trapped underground on Friday after a fall of ground at the... 

BP Southern Africa appoints first black female CEO

28th August 2017 BP Southern Africa (BPSA) on Monday appointed chartered accountant, Priscillah Mabelane, as its new chief executive. Mabelane is the first woman in the history of the country’s oil industry to head a multinational company, marking a significant milestone in the organisation and industry’s... 

Cape Town, New York sign city partnership agreement

24th August 2017 In a first for the African continent, the City of New York and the City of Cape Town signed a historic city-to-city partnership agreement on Wednesday to boost tourism and business between the two iconic destinations. NYC & Company President and CEO Fred Dixon and Cape Town Tourism’s CEO Enver... 

Zambia to get first wind power plant

24th August 2017 The US Trade and Development Agency (USTDA) has approved a $1.05-million grant to support a feasibility study for Zambia’s first wind power plant. The funding was awarded to renewable power project developer, Access Power and its strategic partner, EREN Renewable Energy (EREN RE),... 

No change in Gautrain ownership – Vadi

23rd August 2017 Gauteng Transport MEC Ismail Vadi on Wednesday slammed an announcement by construction company Murray & Roberts that it would soon acquire a 50% ownership in the Gautrain. Vadi and the Gautrain Management Agency (GMA) said Tuesday’s announcement by M&R was premature. 

Zwane must be called to answer to MPs about Guptas 'now'

23rd August 2017 African National Congress (ANC) MPs on Wednesday resolved to call Mineral Resources Minister Mosebenzi Zwane to explain his relationship with the Gupta family “now”. Parliament’s House Chair Cedric Frolick had earlier directed the committee to conduct an inquiry into allegations in the media of... 

DMR welcomes sale of Tegeta to Swiss-based company

23rd August 2017 The Department of Mineral Resources (DMR) has welcomed the sale of Tegeta Exploration and Resources by Gupta-owned Oakbay Investments to a foreign-owned company for close to R3-billion. This comes after Oakbay Investments announced on Wednesday that it had agreed to sell its interest in Tegeta to... 

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