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JRA working to improve asphalt plant's performance

The Johannesburg Roads Agency’s (JRA) is taking steps to improve the performance of the asphalt plant it launched in 2018. The agency notes that the plant has been experiencing operational challenges in terms of human resources, supply of materials and...

IMF says will continue talks with Zambia, progress made

The International Monetary Fund (IMF) said on Thursday that headway had been made in three weeks of talks over a programme for Zambia and discussions would continue, though a number of challenges remained. The southern African copper producer became th...

Resilience, natural resources become key as global food security deteriorates slightly

The Global Food Security Index (GFSI) showed a deterioration for the second year in a row in 2020, with the affordability, quality and safety, and natural resources and resilience categories deteriorating, with only the availability category showing ma...

R2.3bn to be spent on Burnstone gold project – Sibanye-Stillwater

Capital of R2.3-billion will be spent over 14 years on the Burnstone gold project in Mpumalanga, where two-million ounces of gold are to be mined over 21 years, Sibanye-Stillwater CEO Neal Froneman told the BMO conference this week. JSE- and ADR-listed...

Nasa awards key propulsion contract for the future Mars mission

The US National Aeronautics and Space Administration (Nasa) on Thursday awarded Northrop Grumman Systems, a unit of major US aerospace group Northrop Grumman, the contract to develop and support the Mars Ascent Propulsion System (MAPS), which is an ess...

List outlining eligibility for ‘Phase 2’ vaccination roll-out to be released soon

A list confirming which South Africans will be eligible for Covid-19 vaccination when the ‘Phase 2’ roll-out begins in late April or early May will be published in the “next week or two”, Department of Health deputy director-general Dr Anban Pillay rep...

CSIR launches new centre to support 21st century industries in South Africa

The Council for Scientific and Industrial Research (CSIR) officially launched its new Photonics Prototyping Facility (PPF) on Friday. The new facility is funded by the Department of Science and Innovation (DSI) and is the fifth DSI-funded facility at t...

De Ruyter: Suspension of procurement chief will not hobble department

Eskom CEO André de Ruyter told Parliament on Friday morning that the suspension of the power utility's chief procurement officer, Solly Tshitangano, will not compromise Eskom's ability to stay on top of its procurement deviations and expansions. Tshita...

Mpact delivers strong performance in 2020, despite challenges

By delivering its proven strategy of securing leading market positions and focusing on customers and performance, paper, packaging and recycling company Mpact delivered a strong financial performance with record cash flows from operations of R1.9-billi...

Civil tenders awarded, hardware sales positives in the construction industry – Metelerkamp

There are some positives to be found in the South African construction market, despite the Covid-pandemic, says Industry Insight senior economist David Metelerkamp. This first positive lies in the resilience of the civil engineering sector, where there...

Germany charges former Steinhoff managers with balance sheet fraud

German prosecutors have filed charges against three former managers at South African retailer Steinhoff for balance sheet fraud, three years after the company first revealed holes in its accounts. The Oldenburg prosecutor's office said on Thursday it h...

UIF opens applications for Covid-19 TERS benefit extension

Employment and Labour Minister Thulas Nxesi has signed an updated Covid-19 Temporary Employer/Employee Relief Scheme (TERS) Directive, which was gazetted on March 4, laying the foundation for the Unemployment Insurance Fund (UIF) to process claims for ...