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2 September 2015
Breaking News
 
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01 Sep 2015
 
 
South African petroleum refiners warn of survival risks as investment uncertainty lingers
PETROLEUM INDUSTRY
The South African Petroleum Industry Association (Sapia) has called for the resolution of lingering uncertainty over the financing of the country's transition to new cleaner fuels standards, with...
 
 
Megaprojects pose deadline, budget constraints for governments
INFRASTRUCTURE
Megaprojects are often over budget and delayed and project planning is a crucial element in ensuring the successful delivery of such projects.
 
 
Diversification of S African energy mix a no-brainer – Gibb
ENERGY
South Africa’s growing energy crisis should be addressed through a well thought-through and phased programme that included economically feasible renewable-energy alternatives, nuclear energy and...
 
 
Minister should clarify position on nuclear build programme – DA
NUCLEAR ENERGY
“In today’s sitting of Parliament’s energy committee‚ the Minister of Energy‚ Tina Joemat-Pettersson‚ shamelessly contradicted herself as to the affordability of the nuclear build programme‚”...
 
 
Joemat-Pettersson says nuclear build will be affordable
NUCLEAR ENERGY
South Africa was firmly committed to adding to its nuclear energy capacity but would only sign an agreement with another country as a supplier if it was affordable and in line with local...
 
 
African Development Bank chief to focus on powering Africa
DEVELOPMENT
The African Development Bank (AfDB) will focus in coming years on tackling Africa's chronic power shortages to try to unlock its economic potential and end its vulnerability to fluctuations in...
 
 
Climate change impeding SA farmers in fields and with financiers, insurers
AGRICULTURE
South Africa’s crop farmers are expected to struggle as they look to secure crop financing and insurance cover needed to successfully cultivate a crop and mitigate the risk of failure owing to...
 
 
Gauteng incurs over R5bn in irregular expenditure
MUNICIPAL FINANCES
Lack of adherence to supply chain management rules has seen the Gauteng provincial government incurring over R5-billion in irregular and wasteful expenditure, according to the Auditor General...
 
 
Former Constitutional Court judge Thembile Skweyiya dies
OBITUARY
Retired Constitutional Court judge Thembile Skweyiya passed away on Tuesday, the South African Judiciary said. “We received news of the passing of former Justice Skweyiya with deep sadness,” Chief...
 
 
Zim, Zambia economies trip on water shortage
ECONOMY
Low water levels at Kariba dam will further worsen power generating capacity in Zimbabwe and Zambia, power utilities in the two southern African countries say, with power deficits seen widening...
 
 
Western Cape seeks to boost tourism over next five years
TOURISM
To increase the number of international arrivals in Cape Town from 1.56-million to 2.1-million a year over the next five years, which could potentially create 100 000 jobs in the Western Cape’s...
 
 
Deloitte acquires Frontier Advisory to extend services
MERGERS & ACQUISITIONS
Financial advisory firm Deloitte has acquired Frontier Advisory to expand its business footprint in Africa. The company will now be known as Frontier Advisory Deloitte.
 
 
Nene launches govt supplier database
ECONOMY
Finance Minister Nhlanhla Nene on Tuesday launched a new central supplier database (CSD), which will ensure greater productivity and value for money from suppliers doing business with the State....
 
 
Ramaphosa to shed light on Eskom, SAA plans
STATE-OWNED ENTERPRISES
Deputy President Cyril Ramaphosa is to shed light on plans to improve the efficiency of key state-owned enterprises such as South African Airways, Eskom and the South African Post Office at a...
 
 
Barclays PMI slips below the 50-point mark
MANUFACTURING
The Barclays Purchasing Managers’ Index (PMI) has dipped below the neutral 50-point mark, with all but one of the major subcomponents having deteriorated in August. The seasonally adjusted PMI fell...
 
 
 
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