PRASA operations to resume under lockdown Level 3 . The Passenger Rail Agency of South Africa’s (PRASA’s) operations are set to resume under Lockdown Alert Level 3, administrator Bongisizwe Mpondo confirmed in a webinar on May 7.

The passenger rail ag...

Full legal separation of Eskom divisions still years off, lawmakers hear . Eskom CEO Andre de Ruyter told lawmakers on May 6 that “good progress” had been made on the “divisionalisation”, under Eskom Holdings, of the utility’s generation, transmission and distribution busines...

Business calls for accelerated transition to lower lockdown levels amid looming ‘depression’ . South African business is calling for an accelerated transition from lockdown Level 4 to lower levels so that full economic activity is able to resume as quickly as possible, albeit with a full acknowl...

Mantashe seeks comment on draft regulations enabling municipalities to buy own power . Mineral Resources and Energy Minister Gwede Mantashe has released, for public comment, draft amendments to the Electricity Regulations on New Generation Capacity that would enable municipalities “in go...

Current conditions ideal for exports, local production, says Jammine . The weak rand has created a “marvelous situation for exporters”, if they can sell their product, says Econometrix director and chief economist Dr Azar Jammine.

“The currency is as cheap as anything.”...

Sars raises alarm over economic capacity as it warns of R285bn under-recovery . South African Revenue Service (Sars) commissioner Edward Kieswetter has warned of a possible revenue under-recovery of up to R285-billion for 2020/21, while also raising the alarm over potential negati...

VW, German govt to convert PE plant into R135m medical facility . Volkswagen Group South Africa (VWSA) has made its Port Elizabeth plant available as a temporary medical facility in the fight against the Covid-19 pandemic.

The goal is to assist the local and provin...

Absa PMI crashes to all time low owing to lockdown . The Absa Purchasing Managers’ Index's (PMI's) business activity subindex crashed to an all-time low of 5.1 index points in April.

The decline means that manufacturing output came to a near standstill...

Vodacom launches 5G network in South Africa . Telecommunications giant Vodacom has launched its fifth-generation (5G) network across three South African cities.

Twenty 5G sites, 18 in Johannesburg and Pretoria and two in Cape Town, have been swi...

Gautrain reopens with disinfectant spray booths, regular sanitising . The Gautrain resumed service, albeit limited, on May 4, following the suspension of all services at the end of March owing to the national Covid-19 lockdown.

Trains will operate daily between 05h30 t...