Cape Town Mayor Geordin Hill-Lewis says the city is briefing its lawyers to launch an intergovernmental dispute on passenger rail devolution and service standards.  Hill-Lewis says the city has been unable to form a joint devolution working committee with national government, as it attempts to take over the services supplied by the Passenger Rail Agency of South [...]

G7 Renewable Energies has withdrawn its High Court review against Eskom's Interim Grid Capacity Allocation Rules (IGCAR), following what it describes as “meaningful industry engagements” that have resulted in an “amicable resolution”. On June 17 Eskom unveiled the interim rules, which sought to address the prevailing scarcity of grid connections by shifting the allocation methodology [...]

Bombardier Transportation SA (BTSA) has agreed to pay Transnet a total of R468-million to settle a long-running legal dispute over a locomotive supply contract.  Transnet, in turn, will release withheld penalties worth R92.4-million in favour of Bombardier, a subsidiary of French train giant Alstom.

South Africa's current account deficit widened to 2.3% of gross domestic product in the second quarter from a revised 0.9% in the first quarter, central bank data showed on Thursday. In rand terms, the current account balance for the April-June period recorded a deficit of R160.7-billion from a revised R63.7-billion deficit in the preceding three [...]

In the 12 months to June 30, diversified mining company African Rainbow Minerals (ARM) achieved the 4% carbon reduction target that executive chairperson Dr Patrice Motsepe set for the Johannesburg Stock Exchange-listed company. “But that’s just the tip of the iceberg,” said former ARM CEO Mike Schmidt, in his new green role as executive of [...]

Beer maker South African Breweries (SAB) CEO Richard Rivett-Carnac has called on government to create greater certainty around excise tax increases going forward, stating that yearly increases that surpass inflation undermine the beer industry's growth. "We need, as an industry, strong policy certainty around excise tax. We know that the government is under pressure from a [...]

Government is looking to the private sector to assist in upgrading South Africa's land ports with neighbouring countries.  The upgrades will assist in improving regional trade between the Southern Africa Development Community, stop the illegal movement of goods and people, and assist in effective migration between the countries, according to the Department of Home Affairs. South [...]

Railway infrastructure solutions provider voestalpine VAE SA (VAESA) has been awarded a three-year contract by Transnet Freight Rail (TFR) to supply turnout sets and turnout components, which are mechanical devices used to guide trains from one rail track to another. No contract value has been disclosed, but VAESA, which is controlled by black woman-owned company [...]

South African infrastructure development and construction materials supply group Raubex CEO Felicia Msiza enthuses that the project Raubex completed for the Zimbabwean government’s road authority Zimborders at the Beitbridge border post last year is a testament to Raubex’s 49 years of experience. She hopes this project will be the first of many public-private partnerships (PPPs) [...]

The increase in fuel prices for September will force transporters to increase their pricing to cover the higher diesel costs, member organisation the Road Freight Association (RFA) CEO Gavin Kelly says. The Department of Mineral Resources and Energy has announced that the diesel price will increase by R2.76 a litre for September.

Work has started on the remaining two major bridges to be built under the Lesotho Highlands Water Project (LHWP) Phase II after the Lesotho Highlands Development Authority (LHDA) awarded the M511.5-million construction contract to Concor-Nthane Brothers M&K Bridges joint venture (JV). The JV is comprises main partners Concor Construction (South Africa) and Nthane Brothers (Lesotho), [...]

Ensuring cost-competitive operational performance and increasing efficiencies and outputs to improve margins were cited as being key by new African Rainbow Minerals (ARM) CEO Phillip Tobias when he outlined the operating, low price, logistics, power, water and above-inflation cost challenges of ARM’s 2023 financial year to June 30. “A cost focus is very key,” Tobias [...]