Piracy hurts oil exploration off Africa's east coast

Fin24 reports that piracy poses a major threat to any oil or gas exploitation of the significant reserves off the east African coast, driving up costs and wreaking having among exploration companies according to energy attorney Dr Luke Havemann. 29 Jun 2012 16:17

Petrol price could fall by 73 cents

The Department of Energy says petrol price will drop by 73 cents a litre from next month while diesel prices will fall by 52 cents, provided that the under-recovery in prices remains close to the levels recorded on 18 June. 20 Jun 2012 15:58

MMT alarms motor multinationals

[Stuart Rayner] Multinational motor companies will be alarmed by the prospect of MMT in SA fuels. "It will make it hard for them to introduce their latest technologies to SA" 20 Jun 2012 07:36

Gauteng corridor needs R500bn

Preliminary estimates indicated that R500bn would be required for the construction of the Gauteng-to-Durban corridor, of which an estimated R100bn would be needed for the development of the port precinct, Transport Minister Sbu Ndebele said in Parliament late last week. 30 Apr 2012 07:57

African countries need more connectivity - Dlamini Zuma

Home Affairs Minister, Nkosazana Dlamini Zuma, has called for greater connectivity between African countries, saying it would aid trade and improve relations. 24 Apr 2012 12:20

New Durban port approved

Durban International Airport is set to be dug out and converted into the city's second sea port following approval from the Competition Tribunal, the Mercury newspaper reported on Monday. 17 Apr 2012 11:07

SA motorists gear up for Easter holiday despite fuel price hike

High fuel prices aren't going to deter most South Africans from taking road trips this Easter weekend, according to a recent survey conducted by BP Ultimate, one of SA's premium fuel brands. 4 Apr 2012 13:41

Govt addresses public concerns on petrol price hike

Government says it has taken note of the nation's concerns regarding the petrol price increase, which came into effect at midnight last night. 4 Apr 2012 10:02

SARS to tighten tax collection laws

The South African Revenue Service has vowed to enhance its tax collection laws in a renewed bid to target wealthy individuals who are said to be costing the country millions of rands every year through tax evasion. 2 Apr 2012 13:20

SARS announces increased tax collection

Government has once again exceeded its revenue collection target for the financial year that ended on March 31, indicating an improved performance by the South African Revenue Service (SARS). 2 Apr 2012 13:07

Wings Travel Management turns 20, goes into Brazil

Wings Travel Management, which turns 20 this month, is celebrating its anniversary with big news. The global travel-management company specialising in oil & gas, corporate and marine travel, is expanding its reach into South America with the acquisition of Brazilian-based V7 Viagens travel-management company. 2 Apr 2012 10:23

Aviation industry frets over rising cost of fuel

The biggest threat to the aviation industry is higher oil prices, which latest estimates from the International Air Transport Association (Iata) put at an average of US$115 a barrel this year. 28 Mar 2012 08:03

Petrol price rises to R11.23/litre

The price for all grades of petrol is set to increase by 28c, the Energy Department said on Friday, 2 March 2012. This will make a litre of petrol go up to R11.23 in Gauteng and R10.93 in the coast. 5 Mar 2012 12:15

Significant gains in different economic sectors

Significant economic results show that the volume growth of electricity was up by 20% year-on-year (y/y) and Business Live says that coal exports from Richards Bay surged by 34,3% y/y in January. 13 Feb 2012 13:44