Fresh moves under way to address debt albatross at lossmaking Eskom . Public Enterprises Minister Pravin Gordhan said on Friday that a “second round” of work is being initiated in an effort to find a solution to Eskom’s unsustainable debt burden in line with the recent s...

Nersa permitted to grant above 1 MW licences without Ministerial approval . The National Energy Regulator of South Africa (Nersa) has been granted permission to process licence applications for self-generation facilities of above 1 MW, even if they are not in compliance with t...

Hyundai South Africa expects 15% drop in sales for 2020 . Hyundai Automotive South Africa (HASA) will probably record a 15% drop in new-vehicle sales in 2020, says CEO Niall Lynch.

This is better than the 25% to 30% drop expected in the overall domestic new...

Covid-19 taking heavy toll on dealerships, says NADA . The Covid-19 pandemic has seen six amalgamations between dealerships from April 1 to September 30, as well as the sale of 19 dealerships and the closure of 38 dealerships among the members of the Natio...

Technical panel being assembled to support delivery of 62 infrastructure projects . Public Works and Infrastructure Minister Patricia de Lille reported on Thursday that nearly 1 200 applications were received from professionals willing to serve on the Technical Advisory Panel for Sout...

Sasol to test market for Southern African carbon-offset prospects . Chemicals and energy group Sasol has indicated that it intends issuing a request for information (RFI) for the development and implementation of carbon-offset projects in South Africa and the Southern ...

Operation Vulindlela delivery unit to drive growth-supportive structural reforms . The Presidency and the National Treasury have established a formal structure in an effort to accelerate the implementation of structural reforms that, together with the recently launched Economic Recon...

Mboweni unveils less steep path to consolidation while continuing to raise debt-crisis alarm . Finance Minister Tito Mboweni unveiled a significantly looser fiscal consolidation roadmap in the Medium-Term Budget Policy Statement (MTBPS) he presented to lawmakers on Wednesday when compared with t...

Smart mobility plan launched to improve Gauteng transport by 2030 . Gauteng Public Transport and Roads Infrastructure MEC Jacob Mamabolo on October 27 launched the province’s Smart Mobility 2030 Plan, which is a roadmap aimed at addressing the province’s transport chal...

Industrial investment will flow if South Africa ‘consistently’ builds 1.6 GW of wind yearly . Leading wind-energy project developers and original equipment manufacturers (OEMs) are convinced that South Africa’s plan to install 1.6 GW of new wind capacity yearly until 2030 is more than sufficien...