Denel warns of big funding gap for key capabilities . South African state arms firm Denel said on Wednesday it faced a funding gap of around R2.75-billion over the next five years for key capabilities.

Denel, which makes military equipment for South Afr...

Used-car market recovering faster than new-car sales, says Toyota . Pre-owned-vehicle sales are recovering faster than new-vehicle sales, says Toyota South Africa Motors (TSAM).

The local arm of the Japanese manufacturer believes the domestic new-vehicle market is go...

Law to overhaul corruption-prone public procurement still some way off . The National Treasury is preparing sweeping legislative changes to the way procurement, which has become highly prone to corruption, is undertaken by public entities, including State-owned companies. I...

Ministerial Renewable Energy Sector Engagement Forum structure ratified . The second meeting to establish a stakeholder-based Ministerial Renewable Energy Sector Engagement Forum (Resef) and associated Resef Working Group was held online on October 20, during which attendees...

Project launched to support, grow women-owned transport enterprises . The United Nations Women South Africa Multicountry Office, in partnership with the National Women Advancement Establishment, have launched a project to provide technical business support to women-owned...

Massive grid investment needed to unlock IRP’s 30GW-by-2030 vision . State-owned electricity utility Eskom is warning that a significant and accelerated expansion of South Africa’s grid infrastructure, beyond that catered for by its current R118-billion investment plan ...

Contractors risk ruin owing to contract fine print, payment delays, says MBA . The Master Builders Association (MBA) North says contractors, particularly small and mid-sized contractors, face growing business risk when embarking on new projects.

This is a result of a range of i...

Eskom moves to secure R23bn granted by High Court for 2021, despite Nersa appeal . Eskom has launched a fresh legal bid to ensure that the automatic reintroduction of a R23-billion equity injection to its allowable revenue in 2021/22, as granted by the High Court in July, is not nega...

Business welcomes recovery plan, but urges swift implementation . Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fac...

Gauteng’s Transport Authority to be formally established by the end of the year . The Transport Authority of Gauteng (TAG) will be formally established by the end of this year, interim CEO Jack van der Merwe confirmed on October 16.

Speaking during an engagement session, he lament...