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Oct 01, 2014
   
Updated 3 hours ago Some concern has been expressed about recent delays to South Africa’s hitherto successful Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), under which 26 projects have already been connected to the grid following three bid windows during...
 
Oct 01, 2014
Updated 3 hours ago The seasonally adjusted Kagiso Purchasing managers’ index (PMI) rose above the neutral 50-point mark in September, signaling growth for the manufacturing sector for the first time since March, revealed Kagiso Tiso Holdings in a statement on Wednesday. BNP Paribas...
Oct 01, 2014
Updated 2 hours 45 minutes ago The latest TransUnion Vehicle Pricing Index (VPI) contains a number of small, but significant indications that the tide may at last be turning for the beleaguered used car industry. For the third successive quarter, used car inflation has increased on a year-on-year...
Oct 01, 2014
Updated 5 hours ago Three state-owned enterprises (SOEs) failed to table their integrated reports to Parliament on time, Public Enterprise Minister Lynne Brown's office said on Tuesday. Brown informed the Speaker that South African Airways (SAA), South African Express Airways (SAX) and...
Oct 01, 2014
Updated 5 hours ago Gauteng's provincial leaders are on high alert and ready to respond to water-related problems that may re-surface in the near future, cooperative governance MEC Jacob Mamabolo said on Tuesday. "We need to be on high alert for any eventuality given that this problem...
Oct 01, 2014
Four A350-900 flight test aircraft fly in echelon formation
Updated 3 hours ago The European Aviation Safety Agency (EASA) granted the Type Certification for the latest Airbus airliner, the A350-900, on Tuesday. This is an essential precondition to, and opens the way for, the aircraft entering commercial service with its customers. It is...
Oct 01, 2014
Updated 2 hours 54 minutes ago JSE-listed Redefine Properties on Wednesday announced an equity raising of about R1-billion through the issue of new shares. The equity raise was subject to pricing acceptable to Redefine and would be implemented through an accelerated bookbuild process. Only public...
Oct 01, 2014
DENNIS JÖNSSON Dairy will become a more globalised business in the next 10 years
Updated 1 hour 26 minutes ago Changing dairy consumption patterns in developed markets and rising consumption in emerging markets is resulting in increased trade from dairy producing countries to emerging markets, says Swiss food packaging and processing multinational Tetra Pak CEO Dennis...
Sep 30, 2014
Brian Molefe and Jon Evans
South African rail utility Transnet signed its first long-term take-or-pay agreement with a domestic coal exporter on Tuesday, when it inked a ten-year, R24-billion deal with BHP Billiton Energy Coal South Africa (Becsa) at a ceremony held at Esselenpark, east of...
 
Sep 30, 2014
The R1.2-billion Gauteng Broadband Network (GBN) roll-out was well under way, with Gauteng Finance MEC Barbara Creecy, whose department is overseeing the project, confirming on Tuesday that the first two hubs were in the process of being connected. In an interview...
Sep 30, 2014
Dr Rob Davies
Local jewellery manufacturers will, through the newly launched R100-million Gold Loan Scheme, have the opportunity to access loans at an interest rate of 3% to buy the gold needed to make jewellery. Trade and Industry Minister Dr Rob Davies launched the scheme on...
Sep 30, 2014
Sep 30, 2014
Article contains comments
A recent study by the South African Chamber of Commerce and Industry (Sacci) has shown that the service quality of the South African National Roads Agency Limited’s (Sanral’s) e-toll system was mostly poor regardless of the level of interaction or the user’s...
Sep 30, 2014
Vodacom CEO Shameel Joosub
Despite the loss of over R1-billion owing to the drastic mobile termination rate (MTRs) cuts, telecommunications giant Vodacom on Tuesday said its spend in South Africa during this current financial year would reach about R17-billion. This included Vodacom’s...
Sep 30, 2014
Cell C has indicated its plans to challenge the asymmetry rates set within the latest mobile termination rates (MTRs) tabled by the Independent Communications Authority of South Africa (Icasa) this week. Speaking at the MyBroadband conference, in Midrand, on Tuesday,...
Sep 30, 2014
South Africa’s gross domestic product growth rate slowed to 1.9% in 2013, compared with 2.5% in 2012, the 2013 Productivity Statistics report revealed on Tuesday.
Sep 30, 2014
SARB Deputy Governor Lesetja Kganyago
South Africa's central bank has little policy room to boost demand in the economy and it should keep its focus on taming inflation, Deputy Governor Lesetja Kganyago said on Tuesday. Likely interest rate increases in the US would require corresponding policy shifts in...
 
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