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WEF leaders campaign to bring Internet to all in Africa

4th May 2016 Members from more than 90 hubs of the World Economic Forum’s Global Shapers community, extending from Cape Town to Cairo, are driving a campaign to ensure that all Africans can enjoy the economic and societal benefits of Internet access, the WEF said on Wednesday. The Shapers, a worldwide network... 

Molewa: South African companies need to prepare for carbon quotas system

4th May 2016 South African companies need to start planning for 2021 when they would become liable for penalties for exceeding carbon emission quotas, the environmental affairs department stressed on Tuesday. “We don’t want to be found wanting when 2020 arrives,” Minister Edna Molewa told a media briefing... 

Rhodes Food sees up to 95% increase in earnings

3rd May 2016 Rhodes Food Group said on Tuesday that it expects an increase of 85% to 90% in headline earnings a share for the six months to the end of March. The producer of convenience foods in fresh, frozen and long-life formats expects earnings of between 49.4c and 50.7c, up from 26.7c in the previous... 

Transnet implements stringent measures to meet commitments

2nd May 2016 Transnet announced on Monday the implementation of a series of governance, control and monitoring measures to ensure the Original Equipment Manufacturers (OEMs) meet the company’s stringent localisation obligations and supplier development commitments. Transnet Group CEO Siyabonga Gama said:... 

SA Civil Aviation Authority lifts SA Express’ suspension

2nd May 2016 South African Civil Aviation Authority (SACAA) on Sunday said it had lifted the suspension of SA Express’ Air Operator Certificate (AOC). “This means that the airline may, with immediate effect, resume operating their fleet of 26 aircraft,” said SACAA in a statement. 

AfDB approves $76.2m loan to fund Botswana economic diversification programmes

29th April 2016 The African Development Bank (AfDB) has approved a $76.2-million (P850-million) loan to help Botswana fund new investment in agri-business, clean energy, services, infrastructure and manufacturing as part of efforts to broaden the country’s narrow economic base and reduce heavy dependence on... 

Cabinet to wait for ANC probe on Guptas

29th April 2016 Cabinet expects to get a report on the ANC’s internal investigation into allegations that the Gupta family are influencing government decisions within a fortnight, Minister in the Presidency Jeff Radebe said on Friday. “There is a process taking place from the ANC’s side,” Radebe replied when... 

Cabinet extends contract of finance director general Fuzile

29th April 2016 Cabinet has extended the contract of director general of finance Lungisa Fuzile for another five years, Minister in the Presidency Jeff Radebe said on Friday. The renewal of Fuzile’s contract was reported to hang in the balance after President Jacob Zuma reshuffled the finance portfolio and... 

Kibo Mining completes review of feasibility study for Mbeya coal project

29th April 2016 Kibo Mining on Friday announced that the review of the Power Definitive Feasibility Study (PDFS) had been completed successfully, clearing one more regulatory hurdle into the development 250 MW to 350 MW mouth-of-mine thermal power station, the Mbeya Coal To Power Project (MCPP), in south-western... 

Environmental Affairs pumps R40m into water research at Walter Sisulu University

29th April 2016 The Department of Environmental Affairs on Thursday handed over a three-year R40 million agreement to the Walter Sisulu University for a water research programme. University spokesperson, Yonela Tukwayo, said in a statement that the programme was aimed at curbing water pollution. 

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