Rescue practitioners expect proceeds of 709 million rand from initial Group Five disposals. Business rescue practitioners (BRPs) at construction firm Group Five reported on Wednesday that the disposal of stakes in three companies, together with sale of plant, assets and property, is expected ...

Not all deals at Transnet went through prescribed processes – acting CEO. Not all transactions at State-owned logistics company Transnet were handled in compliance with stipulated processes, acting CEO Mohammed Mahomedy told the commission probing graft on Wednesday. "Wha...

Ramaphosa says to speed up economic reforms, fix Eskom. President Cyril Ramaphosa said on Wednesday that he would use a new five-year term to speed up economic reforms and fix ailing state power firm Eskom, a week after his African National Congress (ANC) p...

South African Nuclear corporation CEO axed. South African Nuclear Energy Corporation (Necsa) CEO Phumzile Tshelane has been dismissed from his post and removed from the State-owned organisation’s board. This was announced on Tuesday by Energy Mi...

Global energy investment out of step with security of supply, climate needs. A new report on global energy investment in 2018 points to an ongoing misalignment between approved expenditure on new fuel and power projects and meeting the twin goals of security of supply and decar...

Release of updated IRP imminent, says Radebe, as he allays coal producers' fears. Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan (IRP), which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly"....

South Africa urged to use seasonal advantage to secure competitive LNG prices from emerging Moz exporters. South African is failing to fully grasp the energy and economic significance of the impending development of the enormous gas reserves discovered in northern Mozambique since 2010, Standard Bank oil an...

Ramaphosa's hard choice: a Cabinet to lift the South African economy. South African President Cyril Ramaphosa’s triumph in guiding his African National Congress to a sixth straight election victory has left him with an even more formidable challenge: to pick a cabinet th...

Anadarko says to supply Mozambique LNG to Japan's JERA, Taiwan's CPC. Anadarko Petroleum said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural gas (LNG) to Japan's JERA and Taiwan's CPC. Th...

Mahindra South Africa unveils comprehensive farming equipment range. Mahindra has opened its fourth business in South Africa. The India-based conglomerate will now add farming equipment to its product line-up in the domestic market, along with vehicles, generators an...