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President Ramaphosa 'urgently' looking into e-tolls, says Makhura 

By: African News Agency      18th February 2019 Gauteng Premier David Makhura on Monday again assured residents in the province that the unwanted e-tolling system was receiving attention from national government. "While the user-pay principle is not in question, there is clear recognition that urban tolling increases the cost of living and is... 

Ford production expansion, South Africa

By: Sheila Barradas     15th February 2019 Ford’s Silverton vehicle assembly plant, in Pretoria, has started production of the refreshed 2019 Ford Ranger. 

Famed Cullinan mine banks on big diamonds to drive down debt

By: Reuters     14th February 2019 The owner of one of the world's most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand. Petra Diamonds bought Cullinan in 2008, aiming to breathe new life... 

Marginal decrease in South Africa’s unemployment rate

By: Tasneem Bulbulia     12th February 2019 South Africa’s official unemployment rate decreased marginally by 0.4 of a percentage point to 27.1% in the final three months of 2018, Statistics South Africa (Stats SA) reported on Tuesday. The Quarterly Labour Force Survey (QLFS) indicates the number of employed people increased by 149 000 to... 

Reserve Bank on inflation drivers

By: African News Agency      12th February 2019 Deputy governor of the South African Reserve Bank (SARB) Daniel Mminele said on Tuesday that the country's high inflation rate was driven by a rigid wage and price setting process, lack of competition and expectations from private economic agents. In recent years, South Africa's consumer price... 

Eskom to take 3 000 MW off the grid in rotational powercuts

By: African News Agency      12th February 2019 State power company Eskom said it would implement rolling blackouts for a third straight day on Tuesday, taking 3 000 MW off the load at any given time to ease pressure on the national grid. It said generating units that had broken down unexpectedly had returned to service, but emergency reserves... 

Ford’s Silverton plant starts production of refreshed Ranger 

By: Irma Venter     11th February 2019 Ford’s Silverton vehicle assembly plant in Pretoria has started production of the refreshed 2019 Ford Ranger. “Following the investment of over R3-billion in our local operations and extensive upgrades to our plants over the past 18 months, we are delighted to see the first of the new Ford Ranger... 

Learners represent South Africa at Taiwan International Science Fair

By: Simone Liedtke     8th February 2019 Pretoria-based Hoërskool Waterkloof learner Christiaan Bauman won the fourth prize in the engineering category at the 2019 Taiwan International Science Fair, which was held from January 26 to February 1. Bauman’s project, titled ‘Mine Safety – The Robotic Way’, addresses the problem of miners and... 

DST to showcase benefits of using STI in designing future human settlements

By: Simone Liedtke     8th February 2019 With a surplus of drivers for the adoption of alternative and innovative technologies in the built environment, particularly in the human settlements sector, the effective application of science, technology and innovation (STI) can be a transformative instrument in addressing South Africa’s most... 

Transnet, Botswana Rail seek to unlock Botswana’s coal reserves

By: Nadine James     7th February 2019 State-owned Transnet and Botswana Railways have resuscitated discussions on the construction of a proposed heavy-haul railway line that will link the two countries to “unlock” Botswana’s estimated 212-billion tons of coal reserves, Transnet announced on Thursday. Discussions around this project... 

CSIR showcases its defence and security technologies to industry

By: Rebecca Campbell     7th February 2019 The Defence, Peace, Safety and Security (DPSS) division of the Council for Scientific and Industrial Research (CSIR) held a technology demonstration day at the CSIR campus in Pretoria on Thursday. Various technologies developed by DPSS were displayed to representatives of industry and the media.... 

Policy and Regulatory Framework for South Africa’s Mining Industry - Looking ahead

By: Creamer Media Reporter      7th February 2019 There’s never been a more pertinent time to reflect on the current landscape of the mining industry in South Africa than now. The year 2018 was an eventful year for the mining industry. The year saw the election of Cyril Ramaphosa as the new President of the ruling African National Congress (ANC)... 

Zondo asks South African agencies to probe prison-food tenders

By: Bloomberg     1st February 2019 The head of a judicial panel probing corruption in South Africa directed the authorities to investigate allegations that almost R1-billion was paid to services company Bosasa to provide catering in the nation’s prisons without it doing the requisite work. “There was no labor from Bosasa, it was... 

‘Scale’ matters in South Africa’s logistics game

1st February 2019 Scale matters to competitive advantage and doing more with less through technology, consolidation and networking enables South Africa-based and -managed freight solutions provider Bidvest Panalpina Logistics’ (BPL’s) larger service offering at a lower unit cost. The concept of scale – the average... 

Wicus Pretorius

By: Martin Zhuwakinyu     1st February 2019 This week we profile Wicus Pretoria, CEO of Wictra Holdings, a repairer, refurbisher and builder of railway rolling stock in Johannesburg, Pretoria, Cape Town, Durban and East London   

KfW, IDC sign $80m loan facility for green economy development 

By: Simone Liedtke     31st January 2019 German development bank KfW and the Industrial Development Corporation of South Africa (IDC) on Thursday signed a “milestone agreement” for an $80-million loan facility. KfW executive board member Dr Stefan Peiß and newly appointed IDC CEO TP Nchocho were in attendance to sign the document on... 

Metrorail trains across South Africa at risk of coming to a stand still

By: News24Wire      25th January 2019 Following the fatal train collision in Mountainview, Pretoria that left four people dead and 620 injured earlier this year, the Railway Safety Regulator (RSR) is considering suspending the Passenger Rail Agency of South Africa's (PRASA) safety permit again, GroundUp reports. If the permit is... 

Crowdfunding plan for resurrecting South Africa’s Spitfire

By: Rebecca Campbell     25th January 2019 The South African Air Force (SAAF) Museum Spitfire Restoration Project has launched a crowdfunding project to raise money to pay for the construction of a new combined workshop and hangar at the Museum’s main branch, at Air Force Base (AFB) Swartkop in Centurion (south west of Pretoria) in... 

Crowdfunding plan for resurrecting South Africa’s Spitfire

By: Rebecca Campbell     25th January 2019 The South African Air Force (SAAF) Museum Spitfire Restoration Project has launched a crowdfunding project to raise money to pay for the construction of a new combined workshop and hangar at the Museum’s main branch, at Air Force Base (AFB) Swartkop in Centurion (south west of Pretoria) in... 

Tribunal to resume hearings into cement industry

By: Simone Liedtke     23rd January 2019 The Competition Tribunal will hear evidence in the cement industry cartel case, when the matter resumes in Pretoria, on Thursday. The case stems from a Competition Commission investigation, which probed alleged collusive conduct in the cement industry against Natal Portland Cement Cimpor (NPC),... 

Kganyago says midpoint target allows for shocks

By: Bloomberg     23rd January 2019 South Africa’s central bank is seeking to anchor inflation at the midpoint of its target range of 3% to 6% to allow flexibility to deal with price shocks, Reserve Bank Governor Lesetja Kganyago said. While risks to global economic growth are “without a doubt” a dominant concern and the domestic... 

PIC inquiry appeals for information as probe gathers momentum

By: African News Agency      21st January 2019 The sittings of the judicial commission of inquiry into allegations of impropriety at the Public Investment Commission (PIC) kicked off in Pretoria on Monday. The chairperson of the inquiry, former president of the Supreme Court of Appeal, Justice Lex Mpati appealed to individuals to come forward... 

New construction process proposed for Gautrain expansion project

By: Irma Venter     21st January 2019 More than halfway through the 15-year Gautrain concession period, Gautrain Management Agency (GMA) CEO Jack van der Merwe says he is pleased with the operation of the 80-km rail system. “Looking back at building the Gautrain there are positives and negatives. A positive is that we have an... 

Radebe insists IRP to be approved soon, amid Nedlac uncertainty 

By: Terence Creamer     18th January 2019 Energy Minister Jeff Radebe has reiterated that Cabinet could soon approve the long-awaited update to South Africa’s Integrated Resource Plan (IRP) for electricity, despite persistent suggestions that National Economic Development and Labour Council (Nedlac) sign-off of the document is still... 

Saudi Arabia plans oil refinery, petrochemicals plant in South Africa

By: Reuters     18th January 2019 Saudi Arabia plans to build an oil refinery and a petrochemicals plant in South Africa as part of $10-billion of investments in the country, Saudi Energy Minister Khalid Al-Falih said on Friday. In comments following a meeting with South Africa's energy minister Jeff Radebe in Pretoria, Al-Falih... 

SA has good policies but lacks implementation – Trade and Industry official

By: African News Agency      18th January 2019 South Africa has some of the best economic policies in the world but fails when it comes to implementing them, a senior government official said on Friday. The deputy director-general of special economic zones and economic transformation at the department of trade and industry Sipho Zikode also... 

Optimum, Koornfontein preliminary business rescue plan to be submitted for creditor approval next week 

By: Marleny Arnoldi     16th January 2019 Legal adviser Bouwer van Niekerk expects to have a preliminary business rescue plan for Optimum Coal Mine and Koornfontein Mine submitted for creditor approval by the end of next week, he confirmed to Mining Weekly Online on Wednesday. The mines’ business rescue practitioners (BRPs) have been... 

Project Halo refutes allegations of favoritism in bid to acquire Optimum, Koornfontein mines 

By: African News Agency      16th January 2019 Project Halo – the consortium which came out as the preferred bidder in the highly-contested purchase of coal mine previously owned by the Gupta family – on Tuesday rejected allegations of impropriety in the way it secured the bid to acquire mine and other related assets.  Last year, Project Halo... 

NUM to lead protest march in Pretoria over unpaid colliery mineworkers’ salaries

By: Tasneem Bulbulia     15th January 2019 The National Union of Mineworkers (NUM) in the Highveld Region will lead a protest march on Wednesday, in Pretoria, to demand the immediate payment of salaries owed to hundreds of mineworkers at the Optimum and Koornfontein collieries, in Mpumalanga.   

Cable theft causes major delays for Pretoria commuter trains

By: African News Agency      11th January 2019 Train operator Metrorail said on Friday its service between Belle Ombre-Mabopane-Pretoria and Garankuwa-Pretoria had been severely disrupted due to overhead catenary wires stolen at Wintersnest.  It said trains from Mabopane and Garankuwa stations were turning around at Wintersnest station as a... 

City of Tshwane teams scurry to restore power to storm-hit areas

By: News24Wire      9th January 2019 City of Tshwane officials are working hard to restore power to areas affected by a storm that hit Pretoria and surrounding areas on Tuesday evening, which led to outages and several fallen trees. Areas affected by the storm include Irene, Olympus, Monavoni, Saulsville, Raslouw, Heuwelsig,... 

Estimated cost of Pretoria train crash is R21m – Metrorail

By: News24Wire      8th January 2019 The estimated financial cost of Tuesday's train collision in Pretoria amounts to R21-million, Metrorail spokesperson Lillian Mofokeng said. Mofokeng was speaking at the scene, as the two remaining bodies trapped under the wreckage were removed. Three people have been confirmed dead as a result of... 

South Africa considers setting up council of economic advisers

By: Bloomberg     21st December 2018 Finance Minister Tito Mboweni said President Cyril Ramaphosa has asked him to consider a process to set up a council of economic advisers. “The President has spoken to me about consolidating a process about thinking through his idea around a council of economic advisers,” Mboweni told reporters... 

Miners find chicken-egg sized diamond in Canada's frozen north

By: Bloomberg     14th December 2018 The biggest diamond ever found in North America has been unearthed by Dominion Diamond Mines and Rio Tinto Group at a mine in Canada’s frozen north. The 552 ct yellow gem was found at the Diavik mine in the Northwest Territories, and is almost three times the size of the next largest stone ever... 

PRASA closes Pretoria station for 40 days for maintenance

By: News24Wire      14th December 2018 If you take a train from Metrorail's Bosman station in Pretoria as part of your commute to work, you'll need to consider other modes of transport. The Passenger Rail Agency of South Africa (PRASA) will be carrying out maintenance at the station, completely closing it to the public for at least 40... 

Transfer of Eskom's debt to South African government credit neutral – Moody's

By: Reuters     14th December 2018  Power utility Eskom's request for government to take up R100-billion of its debt could cause the country's overall debt ratio to jump two%age points from the current 55.8%, ratings agency Moody's said on Friday. Moody's, the last of the top three ratings firms to still rate Pretoria's debt at... 

Energy Minister 'very confident' in new Necsa board

By: Rebecca Campbell     7th December 2018 The new chairperson of the board of the State-owned South African Nuclear Energy Corporation (Necsa), Dr Rob Adam, has given the assurance that the new board and interim CEO would be able to restore the beleaguered entity. He was talking, via video link, at a media briefing in Pretoria on Friday.... 

Rousing Send-Off For Gibela’s First South-African-Built Commuter Train

7th December 2018 Hundreds of Gibela employees gathered today to give a rousing send-off to the first South African-built X’trapolis Mega commuter train. To the strains of vuvuzelas and loud cheers, the six-car train left Gibela’s new train-manufacturing complex at Dunnottar in Ekurhuleni, en route for the... 

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