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East Africa looking to smart grids for cost-effective way to deliver electricity – US firm

28th March 2018 East African countries are increasingly looking to smart grids and associated technologies as a cost effective and scalable way to deliver electricity quickly and reliably, an industry official said. Delegates from Kenya, Ethiopia, Rwanda, and Uganda recently participated in business meetings and... 

SAA losses mount for 2017

27th March 2018 National carrier South African Airways made a further financial loss of R3.7-billion over the nine months to the end of 2017, as revenue dipped about R1-billion below its forecasts for that period. The figures were tabled in a briefing by SAA CEO Vuyani Jarana, chairman JB Magwaza and executives... 

Maputo faces possible water crisis

27th March 2018 Mozambique’s capital Maputo could follow Cape Town’s water crisis with the El Nino phenomenon in the Pacific Ocean which is responsible for the current drought in southern Africa effecting Mozambique this year, the country’s National Meteorological Institute has warned, AllAfrica has reported.... 

Cosatu disappointed after minimum wage implementation date pushed back

27th March 2018 Labour federation Congress of South African Trade Unions said on Tuesday it was disappointed that parliament and the government would not be ready to implement the long delayed national minimum wage by May 1. Labour Minister Mildred Oliphant said on Monday her department would not be able to... 

Mine worker crushed to death at De Beers operations in Limpopo

27th March 2018 A female employee was crushed to death when she fell onto a conveyer belt at De Beer's Venetia diamond mine in Limpopo, police said on Monday. Spokespeson Brigadier Motjafela Mojapelo said the incident happened on Sunday. 

SADC Ministers meet in Pretoria with focus on industrialisation

26th March 2018 The Southern African Development Community (SADC) Council of Ministers meeting in Pretoria should explore ways of cooperating to intensify industrialisation in the region to boost economic growth, South Africa’s Minister of International Relations and Cooperation Lindiwe Sisulu on Monday. Sisulu,... 

R&E reports R7m loss due to ongoing litigation

26th March 2018 South African gold miner Randgold and Exploration (R&E) on Monday reported a total comprehensive loss of R7-million for the year ended 31 December 2017, down from R7.9-million the previous year, as a result of an increase in legal fees.  R&E said that during the 2017 financial year, it received... 

South Africans saved 410 MW during Earth Hour - Eskom

26th March 2018 South Africans joined the rest of the world when they switched off their lights for Earth Hour from 20:30 to 21:30 on Saturday night and together they saved 410 MW, Eskom has announced. Earth Hour is a global call for the protection of the planet and for people to take a stand against climate... 

Moody's announcement signals positive sentiment, says Busa

26th March 2018 The decision by Moody’s Investors Service to retain South Africa’s international and domestic credit rating at investment grade and the change in outlook to stable is a mark of greater confidence in the country, Business Unity South Africa (Busa) said on Saturday. On Friday night, Moody's said it... 

Ramaphosa amends rules of State capture inquiry

23rd March 2018 President Cyril Ramaphosa's office said on Friday he has amended the rules of the commission of inquiry into state capture to make testimony before it admissible in criminal proceedings, with the exception of where a witness may incriminate him or herself. The amendment to regulation 8(2) of the... 

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