No compliant bids received for additional Gautrain rolling stock. It is back to the drawing board for the procurement of additional rolling stock for the Gautrain system, after the prequalified bidders’ submissions failed to meet procurement requirements.

PLUG AND TRUCK. DAF CF HYBRID INNOVATION TRUCK The DAF CF Hybrid has been developed for driving electrically with zero emissions in urban areas, while offering a longer range to operate beyond urban areas, thanks to a...

Eskom debt swap not an option – Ramaphosa. A debt swap for cash-strapped state power company Eskom would spiral the country into more debt, South Africa's President Cyril Ramaphosa said on Thursday, adding there was a need to look at other opti...

Enforcing local procurement rules would help offset weak demand. Steel and Engineering Industries Federation of Southern Africa (Seifsa) wants government to take decisive action in 2019 to ensure that departments and State-owned companies (SoCs) honour their obligat...

Group Five shares soar as other parties show an interest in buying parts of the business. JSE-listed Group Five’s share price rose to 48c a share early on Thursday, compared with Wednesday’s close of 24c a share, after the company announced that it had received expressions of interest (EOIs...

Eskom signs 1.5 rand billion AFD loan agreement. Eskom and Agence Française de Développement (AFD) on Thursday signed a 1.5-billion rand loan agreement to support the electricity utility’s investments in extending and strengthening its power transmission...

Back to the future for Eskom as it seeks to plug 1.3bn ton coal shortfall. State-owned electricity producer Eskom is going back to the future as it seeks to close an estimated 1.3-billion ton coal shortfall that it calculates will arise over the remaining life of its coal-fir...

Airline industry growth expected to continue into 2019. Despite protectionist policies, a lack of infrastructure and a dearth of skilled workers that are challenging the airline industry, the International Air Transport Association (Iata) expects the indust...

Government launches e-Recruitment system. The Department of Public Service and Administration (DPSA) has officially launched government’s e-Recruitment system, which enables job seekers to apply for positions in the public service through an o...

South Africa needs to prepare in case of ‘hard’ Brexit – NWU economist. North West University economist Professor Raymond Parsons says a “hard” Brexit is likely in March 2019 and that the UK may well crash out of the European Union (EU) without a withdrawal agreement. H...