Koeberg Nuclear Power Station released radioactive waste into the environment in three separate incidents in 2014 and 2015, but the quantities were "negligible" and fell under the threshold that would have made it necessary to notify the public, Public Enterprises Minister Pravin Gordhan has said in a Parliamentary reply.  Gordhan was responding to a written [...]

Executive Mayor Herman Mashaba will on Monday unveil another batch of properties to be launched by the Johannesburg Property Company to the private sector for development across the city, his office said. "The full prospectus of properties is expected to draw an investment value of between R20-billion and R25-billion over the entire development period," Mashaba's office [...]

Boeing faced widening fallout from the crisis over its 737 Max jets, as travel giant TUI warned the grounding of the aircraft will cut its profit and the estate of a passenger who died in this month’s crash in Ethiopia sued the planemaker. Boeing, based in Chicago, has been under intense scrutiny after two 737 [...]

Transnet has issued JSE-listed information and communications technology company Gijima a letter of intent (LoI) to enter into a five-year information technology (IT) data services contract, valued at R1.3-billion. Transnet said the LoI issuance was a decision taken following thorough deliberations on procurement processes, as part of the board’s clean governance approach.

Public Works Minister Thulas Nxesi on Thursday emphasised the importance of proper maintenance and facilities management in the property sector. In a speech delivered during the Department of Public Works’ inaugural Real Estate Capacity Building colloquium, in Pretoria, he cited the newly opened Booysens Magistrate’s Court as an example of the importance of proper facilities [...]

Africa’s demand for energy, which is far higher than that of other regions in the world, is expected to be very positive for the African oil downstream industry, which has seen a $30-billion investment push in logistics, distribution, storage terminals, import facilities and retail marketing in recent years. These developments were mentioned during the fourteenth [...]

The Aveng Strabag Joint Venture (ASJV) on Thursday said it considers the dismissal, earlier this month, of its court application to prevent the South African National Roads Agency Limited (Sanral) from making a call on the bonds relating to the Mtentu bridge contract to be wrong. It also reiterated its intention to appeal the judgment.

The National Union of Metalworkers of South Africa KwaZulu-Natal has urged chemical manufacturer Foskor to meets the demands of workers who have been on strike for more than a week. "The management is refusing to engage workers, instead, they keep rushing to court in an attempt to block the strike," Numsa regional secretary Mbuso Ngubane [...]

Energy Minister Jeff Radebe said on Thursday his plans for potential South African involvement in an oil venture in South Sudan were above board and aimed at securing access to cheaper crude oil and curbing the local fuel price. "As government we would want to get to a situation in which the prices of fuel [...]

The first ship in the US Navy’s $23-billion programme to build a new class of destroyers is scheduled for a September delivery – more than five years later than originally scheduled and ten years after construction began on the stealthy vessels built by General Dynamics Corp. Delivery plans for the Zumwalt-class guided missile destroyer have [...]

Nigeria plans to spend $20-billion on infrastructure over the next ten years and will introduce an infrastructure bond in 2019 as Africa’s biggest oil producer seeks to address challenges in revenue generation. “Our target is that we’d like to see infrastructure spending increase to the $10-billion to $20-billion range over the next five to ten [...]

Steinhoff has sold a majority stake in its South African auto dealerships unit, it said on Thursday, days after selling its stake in a local industrial group to shore up its finances following a devastating accounting fraud. Steinhoff revealed details earlier this month of the €6.5-billion fraud that has shocked investors and left the retail [...]