New transport DG to prioritise PRASA security. Transport Minister Fikile Mbalula on Wednesday announced Alec Moemi as the new DG for the Department of Transport, effective August 1. Moemi was the former Department of Sports and Recreation DG. The...

IRP to be out of date by time of Cabinet approval as a result of protracted talks. The protracted nature of the ongoing consultation process for updating the Integrated Resource Plan (IRP) will result in the plan being immediately out of date when Cabinet finally approves it later th...

Transport society wants Mbalula to draft planning progamme to 2050. A large number of people believed South Africa would never be able to host the 2010 FIFA Soccer World Cup, yet the country organised this global event to international acclaim, says Intelligent Transpo...

Global growth to remain subdued, says IMF. While global economic growth is expected to remain subdued, at 3.2%, this year, the International Monetary Fund's (IMF's) latest edition of the 'World Economic Outlook (WEO)' points to anticipated grow...

Transnet and IFC move to catalyse Richards Bay LNG infrastructure PPP. The International Finance Corporation (IFC) has made a $2-million cost-sharing commitment to support the completion, by Transnet, of a feasibility study into the development of a liquefied natural gas ...

Mboweni warns extra 59 billion rand allocated to Eskom comes at 'huge' cost to fiscus. Finance Minister Tito Mboweni has allocated an additional 26-billion rand to debt-ridden Eskom for 2019/20 and 33-billion rand for 2020/21 in a bid to help the utility meet its financial obligations. "Eskom's...

AFRO4000 locomotives to be auctioned off. Online auction house WH Auctioneers will, in September, auction off 13 AFRO4000 locomotives that were initially procured for use on the Passenger Rail Agency of South Africa's (PRASA's) long-distance n...

Eskom asks prospective CEOs to apply by August 2. State-owned Eskom is continuing its search for a group CE, following Phakamani Hadebe's resignation in May, which becomes effective at the end of this month. Hadebe, at the time, said he was stepping ...

South Africa allocates extra 59 billion rand for cash-strapped Eskom. The South African government has made an extra 59-billion rand available to State-owned power utility Eskom over the next two years so it can meet its obligations, a Special Appropriation Bill seen by Reut...

South Africa set to name 'bad cop' to oversee Eskom rescue. Of all the executives, government officials and consultants being recruited to tackle the mammoth task of rescuing South Africa's state power utility, the toughest task could fall to the person who has...