Speaking on the sidelines of an American Chamber of Commerce event, Logistics group Transnet’s CEO Brian Molefe announced that the group plans to issue a foreign currency bond of at least $500m (R4.1Bl) this financial year to help fund its...
Kenya Airways Ltd. (KNAL), sub-Saharan Africa’s third-biggest airline, rallied the most in more than four years, climbing for a fifth day after agreeing a financing deal for the purchase of aircraft. The stock jumped 9.9 percent to 14.40 shillings...
It is indeed an honour and a privilege for me to take up the reigns of the Institute of Waste Management Southern Africa (IWMSA) presidency. I would like to thank all the past presidents, the council, head office and members of the IWMSA for their...
Integral to an eco-friendly truck fleet is improving safety and efficiency while significantly reducing the overall carbon footprint. The imperative to reduce carbon emissions to help prevent global warming forms a central component of building...
Coal is often regarded as a necessary evil in that it provides the country with most of its power and valuable export earnings. However it has a reputation for being a ‘dirty’ energy source, especially in its handling. If the management if the dust...
In what was hailed as a first for the motor industry, a renowned vehicle brand has partnered with The Glass Recycling Company to facilitate the placement of glass banks at all its dealerships countrywide. The reuse and recycling of raw, process and...
South Africa is exploring the possibility of the cooperation with China on developing the Johannesburg-Durban high-speed railway, the newspaper Business Day reported on Thursday. “The discussion of the technological cooperation with China on...
African countries must boost trade amongst themselves in order to better grow their economies and infrastructure – this is the message from experts in the maritime industry, expressed at the Africa Ports and Harbours Show in Johannesburg. The show,...
The Kalahari is estimated to contain 80% of the world’s known manganese reserves, which is an important ingredient in steel. An evaluation of historically available information indicates that up to one-billion tons of mineable ore could exist under...
Defence Minister Sam Makhudu Guluybe is in the US to finalise the purchase of a 300-seater R2bn Boeing for President Jacob Zuma, a report said on Friday. The VIP jet would cost $150m (about R1.26bn) and an extra $80m (about R672.5m) to reconfigure,...