M2 motorway to be reopened to motorists from next week . The M2 motorway will be reopened to traffic from November 4, the Johannesburg Roads Agency (JRA) says.

The motorway between the Crown Interchange and Maritzburg street had been closed since February ...

Aurecon Africa separates from global group to focus on continent . Global engineering group Aurecon has announced that it will demerge with the African business in early 2020.

The African shareholders of Aurecon initiated the separation, with 98% of all shareholders...

Mboweni introduces measures to cut govt's wage bill . To stabilise the country’s debt outlook and reduce spending, government plans to introduce measures to cut down on the public sector wage bill, Finance Minister Tito Mboweni said during his Medium-Term...

Mboweni aims to slash spending by at least R150bn as fiscal risks rise along with debt . Finance Minister Tito Mboweni is aiming to slash expenditure by at least R150-billion over the coming three years, or R50-billion a year, as part of a plan to stabilise public finances and transition t...

Treasury keeps Eskom debt-relief powder dry as it awaits unbundling progress . Finance Minister Tito Mboweni did not unveil a debt-relief plan for struggling power utility Eskom in his Medium-Term Budget Policy Statement (MTBPS), announcing instead that any debt restructuring wou...

Unemployment rate remains above 29% . The official unemployment rate increased by another 0.1 of a percentage point to 29.1% in the third quarter, Statistics South Africa’s (Stats SA's) Quarterly Labour Force Survey (QLFS) shows.

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Eskom stations to be clustered into ‘competing’ units, as timeframe is set for transmission separation . The South African government has opted for an evolutionary approach to the restructuring of Eskom, the details of which are provided in a ‘special paper’ released by Public Enterprises Minister Pravin ...

Sasol mulling several gas supply options as it seeks to reduce carbon footprint . Chemicals and energy group Sasol is investigating several gas-supply alternatives for its coal-heavy South African operations as it seeks ways to reduce its carbon footprint. The JSE-listed group is si...

Lanseria airport in R1bn-plus expansion push up to 2028 . Lanseria International Airport (LIA) will invest between R1-billion and R1.5-billion in airport infrastructure and in the area surrounding the airport over the next five years, says LIA CEO Rampa Rammo...

Sasol seeks to use leadership ‘reset’ to rebuild trust in wake of damning LCCP review . Sasol CEO-designate Fleetwood Grobler insists that he is “realistic” about the challenges still confronting the chemicals and energy group, which parted ways with its previous joint CEOs on Monday, fol...