Economic growth in Africa below population growth for the fourth year in row. Sub-Saharan Africa’s largest economies, including South Africa, continued to act as a drag on the economic performance of the region in 2018, new analysis by the World Bank shows. The nineteenth edi...

Construction industry in rapid decline as work wanes, ‘mafia’ takes over, warns Safcec. The South African construction industry is in a state of accelerated decline, says South African Forum of Civil Engineering Contractors (Safcec) CEO Webster Mfebe. This is caused mainly by a lack of...

TPT CE stresses need for faster turnarounds of vessels, trains. It would no longer be business as usual at the Port of Durban, Transnet Port Terminals (TPT) CE Nozipho Sithole told the Transport Forum’s special interest group meeting, in Durban, on Thursday. Con...

Transnet execs seek balance between efficiency improvements, growth opportunities. It is not about pouring concrete and spending, it is a war of efficiency, Transnet group executive of new business growth and diversification Herbert Msagala told a select special interest group conven...

The humble Veldskoen makes its global debut. The local ‘Veldskoen’ is expanding its reach beyond South Africa. The famous South African vellies have entered the US market through an investment made by American basketball team Dallas Mavericks ...

Lucas calls Northern Cape Africa’s renewables hub as she inaugurates Kathu Solar Park. The Kathu Solar Park, in the Northern Cape, was inaugurated by the province’s Premier Sylvia Lucas, on Thursday. The project was commissioned in February. The 100 MW concentrated solar power (CSP...

Local telematics market has room to grow, says new Cartrack South Africa CEO. Global telematics group Cartrack has appointed Harry Louw as the new CEO for its South African business. Louw is the former CEO of rival Netstar. Louw says he spent ten months at home last year f...

Eskom review team says strong leadership key for restoration of plant performance. The Eskom Technical Review Team, appointed in March to provide an independent assessment of the performance of the State-owned utility’s power stations, says several coal plants can, with strong and em...

Eskom’s financial woes not abating in sync with load-shedding risk. The cautiously optimistic prognosis provided by Eskom on the outlook for electricity supply for the coming nine months has been more than offset by the State-owned utility’s disturbing assessment of it...

Economy to remain ‘weak, patchy’ until after national elections – PUI. Economic and policy uncertainty in South Africa is expected to remain elevated until after the national elections on May 8. According to the North West University Business School’s Policy Uncertaint...