New construction process proposed for Gautrain expansion project. More than halfway through the 15-year Gautrain concession period, Gautrain Management Agency (GMA) CEO Jack van der Merwe says he is pleased with the operation of the 80-km rail system. “Looking bac...

Clough JV selected as preferred tenderer for civil works at Australian hydropower project. The Clough Salini Joint Venture (JV) has been selected as the preferred tenderer for about A$4-billion worth of civil works packages for the Snowy 2.0 project – a multiyear pumped-hydro expansion proje...

Aveng sells noncore Aveng Water business. JSE-listed Aveng will sell Aveng Water and the Aveng Namibia Water business to Cambrose 735, a special purpose vehicle incorporated as a private company, Infinity Partners, for the purpose of the trans...

Radebe insists IRP to be approved soon, amid Nedlac uncertainty. Energy Minister Jeff Radebe has reiterated that Cabinet could soon approve the long-awaited update to South Africa’s Integrated Resource Plan (IRP) for electricity, despite persistent suggestions that ...

African entities urged to be proactive in growing the continent's economies. Africa is sitting on the financial periphery and the onus is on entities on the continent to take proactive measures to grow countries’ economies and drive market reforms, Deloitte Africa Emerging Mark...

Gautrain govt forced to fork out as Gautrain ridership declines. The patronage guarantee payable by the Gautrain Management Agency (GMA) to the Bombela Concession Company (BCC), as the Gautrain operator, has increased from 1.34-billion rand in the 2016/17 financial year...

Trade conditions to remain subdued, warns Sacci. The South African Chamber of Commerce and Industry’s (Sacci’s) trade conditions survey for December showed that activity had improved slightly on November, if adjusted for seasonal factors, while six-m...

South Africa aims to finalise long-term energy plan next month – Radebe. South Africa is aiming to finalise a long-term plan for the country's energy mix next month, and once that is done it will launch another round of renewable energy deals, Energy Minister Jeff Radebe sa...

Team SA to demonstrate country’s ‘stronger footing’ at this year’s WEF. Team South Africa will be taking a unified approach to this year’s edition of the World Economic Forum (WEF) and will convey the message that the country is on a stronger footing than it was last year,...

SAA appoints former prosecution chief to its group executive. Embattled State-owned flag-carrier South African Airways (SAA) announced on Tuesday that Advocate Vusi Pikoli had been appointed as the airline’s Chief Risk and Compliance Officer. He will take up the ...