Golden Arrow operator keen on running passenger rail service in Cape Town . Hosken Passenger Logistics & Rail (HPL&R), which among others operates the Golden Arrow bus service in Cape Town, is interested in expanding its operations to become a private participant in the countr...

Eskom says it needs R23bn more from tariffs in 2021 to remain a going concern . State-owned electricity utility Eskom argued on Thursday that it required additional revenue of R23-billion for the upcoming financial year to remain a going concern and told the National Energy Regula...

IHS Markit PMI rises to 51 in October . Economic analysis agency IHS Markit South Africa says the country’s private sector returned to growth in October as an easing of Covid-19 restrictions helped to support an ongoing recovery in demand fr...

Eastern Cape’s localisation supermarket sees healthy uptake . Local companies have made bids to produce 25% of the automotive parts listed in the Automotive Industry Development Centre Eastern Cape’s (AIDC EC’s), Localisation Supermarket.

The Localisation Super...

New-vehicle sales down 25.4% in October, exports at risk as second Covid wave hits Europe . Total South African new-vehicle sales declined by 25.4% in October, to 38 752 units, compared with the 51 968 vehicles sold in the same month last year.

The new-passenger-car market also fell by 25.4...

Next year could see local auto industry regain some momentum . Next year could see the local automotive industry regain some momentum in terms of domestic sales, exports and production, but it will not manage to claw back all of the losses recorded in a Covid-19-h...

Credible pipeline of projects seen as key to achieving R1-trillion infrastructure goal . President Cyril Ramaphosa has highlighted the importance of project preparation to unlocking the mostly private finance that will be needed to realise government’s goal of investing R1-trillion in infr...

Local consumers ready for EVs, but they seek cheaper cars with more range . The 2020 South Africa Electric Vehicle (EV) Car Buyer Survey shows that consumers are ready to buy EVs, and that they are willing to do so in the next five years. However, they want a vehicle that cost...

IPP Office extends bid deadline for R40bn risk-mitigation programme . South Africa’s Independent Power Producer (IPP) Office has confirmed an extension to the bid submission deadline, to December 22, for the Risk Mitigation Independent Power Producer Procurement Programm...

Sasol unveils first carbon-offset deal as it seeks yet more projects . Energy and chemicals group Sasol reports that it has secured more than 100 000 carbon credits in a transaction concluded under the South African Carbon Offset Administration System (COAS), set up to fa...