In the last financial year (2011/2012), Transnet spent an incredible R2.4 billion on repair and maintenance work to its freight rail system, said Public Enterprises Minister Malusi Gigaba. According to Minister Gigaba, eradicating Transnet’s total...
SAA was facing growing competition from foreign airlines on its key African routes and its low-cost division, Mango, would be called on to fly to regional destinations, Siza Mzimela, the national carrier’s chief executive, said in Parliament...
Mozambican exports increased by whopping 19 percent in 2011 to the amount of US$2.7 billion. According to the Export Promotion Institute (IPEX), this impressive increase in exports was mainly due to the sale of Mozal aluminium, electricity, gas,...
Security breach at Cape Town Airport – South Africa’s official opposition Democratic Alliance (DA) Monday urged the Department of Transport to address the major security breach at Cape Town International Airport that led to the death of...
Difficult and highly competitive conditions in the local construction market have pushed listed construction and engineering group Basil Read to scout for work outside South Africa’s borders after operating profit and earnings declined, chief...
The latest twist in the saga of Kenya airports, is now hitting the headlines in Nairobi, with allegations of a million dollar bribe having been given to an unnamed official, who subsequently tried to turn all hell loose when “his friends” did not...
Nissan is to invest more than R1 billion in South Africa to double the production capacity at its Rosslyn assembly plant to 100 000 units a year and for the production of a new one-ton pick-up for the domestic and export markets. The investment was...
Cabinet has approved the draft treaty between South Africa and the Democratic Republic of Congo (DRC) for the development of the Grand Inga Project, Cabinet spokesperson Jimmy Manyi announced on Wednesday afternoon. The proposed treaty between the...
Consulting Engineers South Africa (CESA) is in full support of National Planning Minister, Trevor Manuel’s call to accelerate the pace of change and development in the country in order to increase growth. CESA agrees that failure to implement the...
