Rail company Gibela was recently awarded a provisional acceptance certificate from the Passenger Rail Agency of South Africa (PRASA) to begin its trial run for the first X’Trapolis Mega train 1. This trial run will happen in preparation for a...
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’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...