Growthpoints wants more money

[Nick Hedley] Growthpoint Properties said on Tuesday (21 May) it was wants to raise R2.5bn by issuing new Growthpoint-linked units. 22 May 2013 08:32

Eskom becomes a farmer (of wind)

The National Energy Regulator of SA (Nersa) has granted Eskom a licence for its Sere wind farm in the Western Cape, the power parastatal said on Monday (20 May). 21 May 2013 12:33

Oceana keen to 'hook' a big one

Perennially profitable fishing company Oceana could be angling for an offshore acquisition. 20 May 2013 08:46

Government leases not too risky

Investors may still be wary of exposure to government-tenanted buildings after a number of public works leasing scandals struck the department last year. 20 May 2013 08:27

Lesotho Highlands scheme gets the nod

[Linda Ensor] The R12bn phase two of the Lesotho Highlands Water Project (LHWP), which will secure a continued supply of water for SA and hydroelectric power for Lesotho, was approved in principle by the two countries this week. 17 May 2013 12:29

Hilton plans to boost African presence

Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten. 16 May 2013 08:38

No cold frosties for Motsoaledi

A beer maker's plans to boost the sale of its product in Africa has left a sour taste in Health Minister Aaron Motsoaledi's mouth. 16 May 2013 07:45

Solidarity, Telkom head for CCMA

Trade union Solidarity said on Tuesday (14 May) that it had referred a dispute to the Commission for Conciliation‚ Mediation and Arbitration (CCMA) after wage negotiations between trade unions and telecommunications company‚ Telkom‚ reached a stalemate. Trade unions rejected Telkom's final offer of a 1.5% increase. 15 May 2013 08:29

AngloGold's focus on cutting costs

[Allan Seccombe] AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May). 14 May 2013 12:30

Africa must reduce infrastructure delays

[Linda Ensor] The classic public-private partnerships both in SA and Africa are plagued by delays‚ with the projects sometimes taking seven years to get going‚ Finance Minister Pravin Gordhan said on last week at a media conference on accelerating infrastructure investment in Africa‚ at the World Economic Forum on Africa. 13 May 2013 13:40

Funding for Durban dig-out port uncertain

There seems little doubt that despite questions and some objections, the proposed new dig-out port on the site of the old Durban International airport will go ahead. Exploratory drilling on the site by Transnet is already under way - what it calls early research - into the geotechnical composition of the soil. 13 May 2013 10:18

Local focus for wind, solar projects

[Monde Maoto] Constant emphasis will be sought for local companies to participate in the local procurement and supply of components in the remaining rounds of government's renewable energy projects‚ says Energy Minister Dipuo Peters. 10 May 2013 08:26

Fountainhead's distribution drops 6.8%

Fountainhead Property Trust's distribution dropped to 26.11c per unit for the six months to March‚ down 6.8% from the similar period last year. 10 May 2013 08:16

Textainer lowers its borrowing costs

Logistics company Trencor said on Wednesday (8 May) that its 48.5% held subsidiary Textainer‚ which operates the world's largest fleet of containers‚ was able to extend the maturity and achieve a favourable repricing of its US$1.2bn financing facility. 9 May 2013 07:53