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National Treasury signals shift in SA's fiscal policy
National Treasury signals shift in SA's fiscal policy

Finance Minister Nhlanhla Nene has tabled the 2014 Medium Term Budget Policy Statement (MTBPS), which signals a shift in the country's fiscal policy through measures aimed at reducing the country's budget deficit and stabilising public debt.

23 Oct 2014 09:19

Current account deficit grows
Current account deficit grows

South Africa's current account deficit has increased to about 5.5% of the Gross Domestic Product (GDP) over the past two years.

23 Oct 2014 08:55

Higher profit pressure faces state-owned enterprises
Higher profit pressure faces state-owned enterprises

Members of Parliament have responded to Finance Minister Nhlanhla Nene's inaugural Medium Term Budget Policy Statement (MTBPS), which he tabled in Parliament on Wednesday (22 October).

By Neo Semono 23 Oct 2014 08:26

Goods transported by land increase 3.4% in August
Goods transported by land increase 3.4% in August

The volume of goods transported by land (payload) increased by 3.4% in August 2014 compared with August 2013.

20 Oct 2014 15:17

Prasa flouted its own rules says A-G
Prasa flouted its own rules says A-G

The Passenger Rail Agency of SA (Prasa), which is spending R51bn to revitalise its commuter rail unit, contravened its supply-chain management policy in a R3.5bn deal to procure locomotives, the Auditor-General said in the agency's annual report.

8 Oct 2014 10:48

Protestors vandalise Newclare station
Protestors vandalise Newclare station

PRETORIA: Passenger Rail Agency of South Africa (Prasa) CEO Lucky Montana has condemned the vandalism of the Newclare station, near Westbury in Johannesburg, yesterday morning, 6 October.

7 Oct 2014 08:34

General Electric seeks new sectors in SA
General Electric seeks new sectors in SA

General Electric (GE)‚ which is supplying a total of 376 locomotives to Transnet‚ is looking for opportunities in other sectors in SA‚ including healthcare and energy.

By Nick Hedley 30 Sep 2014 11:59

E-tolls boycott hurts Gautrain's operations
E-tolls boycott hurts Gautrain's operations

More than R40bn has been spent but Gauteng transport chiefs are now coming to the realisation that the province's two flagship projects - the Gauteng Freeway Improvement Project and Gautrain - are not having the desired effect

17 Sep 2014 11:02

Minister, provincial, municipal leaders told to fix infrastructure problems
Minister, provincial, municipal leaders told to fix infrastructure problems

President Jacob Zuma has told Ministers, Premiers and Mayors, who are part of the Presidential Infrastructure Coordinating Commission (PICC), that they must jointly develop a problem-solving culture and fix infrastructure problems facing South Africa.

21 Aug 2014 07:15

Government needs innovation for service delivery
Government needs innovation for service delivery

Public Service and Administration Minister Collins Chabane says the public sector must challenge itself to be creative and embrace innovation as a new way of doing government business more smartly and delivering its services.

20 Aug 2014 07:22

Africa: Growth is on the horizon but where should you look?
Africa: Growth is on the horizon but where should you look?

CEOs around the world are increasingly recognising the untapped potential of sub-Saharan Africa. This is driven by Africa's unparalleled demographic edge or demographic dividend. By 2040, Africa is expected to...

19 Aug 2014 11:39

Denel making sustainable profits again
Denel making sustainable profits again

The annual financial results released by state-owned arms manufacturer Denel show that the company has returned to profitability on a sustainable basis‚ group Chief Executive Riaz Saloojee says.

By Linda Ensor 18 Aug 2014 10:23

Billions to be spent on railway commuter network
Billions to be spent on railway commuter network

The Department of Transport will, over the next three years, invest billions of rands in the country's transport infrastructure in a bid to reduce road deaths.

13 Aug 2014 07:57

Transnet needs R100bn from private sector
Transnet needs R100bn from private sector

Transnet is looking for R100bn from the private sector for investment in freight infrastructure over the next seven years‚ Transnet Freight Rail's Chief Executive Siyabonga Gama said at a media function.

By Linda Ensor 8 Aug 2014 10:35

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