SAA business rescue plan amended at urgent meeting . In a statement released on Friday, the business rescue practitioners (BRPs) for South African Airways (SAA) announced that 95% of the airline’s creditors with a voting interest, and 95% of its independ...

South Africa must find niche in ‘tectonic’ shift towards greener industries . Trade, Industry and Competition Minister Ebrahim Patel reports that the department is canvassing the ideas of talented people inside and outside his department on a just transition to a greener economy...

Gauteng unveils R4bn upward revision to Budget in response to Covid-19 . The Gauteng government announced a R4-billion upward revision to its 2020/21 provincial Budget on Thursday, indicating that the increase to R146.4-billion, from the R142.2-billion outlined in March, ha...

Concern raised over R1.5bn cut to electrification budget . Concern continues to be raised over the fact that the biggest cut made to the Department of Minerals Resources and Energy’s (DMRE’s) 2020/21 budget is for the electrification of poor households, especi...

Renewables zones in Emalahleni and Klerksdorp part of just-transition vision – Creecy . Environment, Forestry and Fisheries Minister Barbara Creecy has made a direct link between government’s proposed designation of Renewable Energy Development Zones (REDZs) in the coal and gold mining to...

Labour department commits R100m to small business support . The Department of Employment and Labour has committed to provide R104-million, through the Unemployment Insurance Fund, to Productivity South Africa (Productivity SA).

Employment and Labour Deputy Mi...

Alstom Southern Africa appoints new MD . Rail transport company Alstom has appointed Bernard Peille as the new MD of Alstom Southern Africa, effective July 15.

Bernard joined Alstom in 1989. He has more than 30 years’ experience in the rail...

Fiat, Peugeot merger to form Stellantis, no changes yet in South Africa . Peugeot (Groupe PSA) and Fiat Chrysler Automobiles (FCA) have announced the corporate name of the new group as they move toward the completion of a 50:50 merger as defined in the combination agreement ...

Bid documentation for 2 000 MW of emergency power by ‘end July, early August’ . Bid documentation for the procurement of 2 000 MW of “emergency” power to address an immediate supply shortfall that is making South Africa vulnerable to ongoing load-shedding will be released to the m...

Study calls for extension of moratorium on transport height restrictions . Many South African industries, especially the fruit industry, could suffer major financial losses if they are not allowed to transport their goods in high-cube containers beyond June, next year, indica...