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Does Eskom rely on state to keep it afloat?

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...

SA society blasé about drought, says water expert

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...
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Water construction projects take a dive in 2016

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...

SANRAL receives negative outlook from Moody’s

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...
An example of a battery powered BYD electric bus.

‘Clean’ fleets are becoming a global sensation

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...
Arno van der Merwe, Mercedes-Benz SA's outgoing CEO. Picture: Supplied

Mercedes-Benz SA ushers in new leadership

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...