Sakeliga heads to SCA over power interruptions
Business organisation Sakeliga will be heading to the Supreme Court of Appeal (SCA), in Bloemfontein, to have the judgment that prohibits State-owned power utility Eskom from unlawfully interrupting the electricity supply to defaulting municipalities upheld. On March 7, the North Gauteng High Court, in Pretoria, found in favour of Sakeliga, which was admitted as a [...]
Water Tribunal upholds granting of Yzermyn water licence
The National Water Tribunal has dismissed an appeal brought by the Centre for Environmental Rights (CER) against the Department of Water and Sanitation granting a water licence to Indian mining company Atha-Africa Ventures for the Yzermyn coal mine development, in Mpumalanga. The CER appeal was heard by the tribunal on four separate sittings, totalling nine [...]
Telkom’s mobile division lifts group’s full-year performance
Telecommunications group Telkom’s mobile division elevated its overall operating revenue, headline earnings and earnings before interest, taxes, depreciation and amortisation (Ebitda) for the financial year ended March 31. The group on Monday posted a 22.6% surge in headline earnings a share to 722c and a 5.3% hike in group operating revenue to R41.8-billion for the [...]
City of Cape Town replaces old swing bridge at V&A Waterfront
Designer SMEC South Africa and construction contractor Stefanutti Stocks Coastal have progressed in its work to replace the old swing bridge at the V&A Waterfront that connects the Pierhead and the Clock Tower precincts. The massive structure that is 42 m long and 4 m wide will need to be craned into position.
South African energy companies expanding into Angola
Angola, with its lucrative opportunities and reformed business environment, will be hosting a strong delegation of South African companies during the upcoming Angola Oil & Gas Conference, which will be held in Luanda from June 4 to 6, the African Energy Chamber (AEC) announced in a statement this week. The summit is organised by Africa [...]
Davies sees rising unilateralism as trade war escalates
South Africa, like the rest of the global economy, will continue to be collateral damage in the escalating trade war between China and the US, Trade and Industry Minister Dr Rob Davies has said, predicting a worrying rise in unilateral actions by individual states. Davies cast doubt on the World Trade Organisation's (WTO) ability to [...]
Makhanda considering paying for 11 out of 15 boreholes drilled by Gift of the Givers
Government has agreed to compensate humanitarian organisation Gift of the Givers for its drought intervention work done in Makhanda, formerly Grahamstown. A meeting was held in Makhanda on Thursday following a R10-million dispute between the Makana Municipality and the humanitarian organisation. The municipality had initially said it would pay the sum of money to private [...]
‘Dead’ former Thales boss and Zuma trial witness Alain Thétard found alive in Europe
Even though former president Jacob Zuma's legal team told the KwaZulu-Natal High Court in Pietermaritzburg this week that a key witness and co-conspirator in the alleged corruption that led to him being charged was dead, investigators have found him in Europe. Alain Thétard, controversial former head of Thales South Africa and author of the infamous [...]
Afrimat’s diversification contributes to strong full-year results
Industrial minerals and construction materials group Afrimat has recorded a good overall performance for the year ended February 28, and achieved positive results for the period owing to its diversification strategy, Afrimat group CEO Andries van Heerden said in a statement on Thursday. The group’s entry into bulk commodities two years ago was highlighted as [...]
NPA starts prosecution of Aurora directors
Organisation Undoing Tax Abuse (Outa) on Thursday announced that the National Prosecuting Authority (NPA) would start its prosecution of the former directors of Aurora Empowerment Systems on May 28. A summons had been issued in March related to environmental and water transgressions at the failed Grootvlei mine, near Springs, in the Upper Vaal Management Area.
Use remote machinery to mine at depth – Jourdan
Independent consultant Dr Paul Jourdan on Thursday urged South Africa to cease sending people down dangerous deep-level mines and to come up with remote machinery to mine at depth. He was speaking at the Southern African Mining Supply Chain Conference and Strategy Workshop , which was hosted by the South African Institute of Mining and [...]
JRA says M2 bridge on track to reopen in October
The Johannesburg Roads Agency (JRA) this week reminded road users that the M2 motorway between the Crown interchange and Maritzburg street remained closed for rehabilitation works on the bridge. The full closure will remain in force until the end of October.