Eskom is another of South Africa’s state-owned enterprises that had its outlook dropped from stable to negative last week. International ratings agency Fitch affirmed Eskom’s triple-B credit rating despite the negative outlook. This was similar to...
Those who have been adversely affected by South Africa’s current drought can expect little relief in the coming months, according to the Council for Scientific and Industrial Research (CSIR). Little rainfall is predicted over the summer...
SA’s construction industry continues to face tough times amid labour unrest, a tough economic climate and lower revenue, according to PwC’s latest Construction Report. Andries Rossouw, PwC’s assurance partner highlighted the economic challenges...
A pilot project that could help minimise the effects of the drought in Durban will be implemented by the eThekwini municipality. Ednick Msweli, head of water and sanitation in the metro, said that Durban and its surrounding areas were still...
The Southern African Development Community’s (SADC) annual meeting was held this month to address pertinent water issues faced by several southern African countries. Water ministers from several of the SADC countries discussed the growing number of...
Water experts have been increasingly pressured to think outside the box to devise solutions to help South Africa deal with its water crisis. The Water Research Commission (WRC) is one body in particular that has contributed significantly to coming...
The South African National Roads Agency’s (SANRAL) investment grade rating now sits just one notch above junk. This came after international ratings agency Moody’s affirmed SANRAL’s rating last week. Moody’s indicated that it gave SANRAL a...
Cities are being urged to adopt electromobility transport solutions and include electric and hybrid vehicles. Volvo has recently supplied 3,000 hybrid and electric buses globally, with the highest number of vehicles circulating in the United...
Mercedes-Benz South Africa (MBSA) just announced Andreas Engling as the company’s new CEO and executive director of manufacturing. Current CEO Arno van der Merwe will start a new chapter in his career as President and CEO of Beijing Benz Automotive...
The market for fleet management in South Africa is in a growth period which will continue in the years to come, says market research firm Berg Insight. The number of fleet management systems in active use is forecasted to grow at a compound annual...