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Wednesday | 27 November | 2019 Ramaphosa tells Medupi workers Eskom won’t be privatised

According to Engineering News, President Cyril Ramaphosa told workers at Medupi power station six times in an address on Monday that Eskom will not be sold or privatised. However, the President said, it was necessary to split Eskom into three divisions – generation, transmission and distribution – as this was  … Read more

Wednesday | 27 November | 2019 Tugela–Sterkfontein water transfers to begin in December

Engineering News reports that the Department of Water and Sanitation (DWS) expects to start the transfer of water from the Tugela River to the Sterkfontein Dam around 2 December. The news was announced after challenges that had delayed the initiative for months have been resolved. The transfer is critical to  … Read more

Thursday | 21 November | 2019 New shape for Denel beginning to be unveiled

Engineering News reports that Denel CFO, Carmen le Grange, on Friday indicated the businesses that the State-owned defence group was exiting or was planning to exit, as part of its turnaround strategy. She was addressing the 2019 Aerospace, Maritime and Defence Conference in Pretoria. The turnaround plan has ten elements,  … Read more

Thursday | 21 November | 2019 Telkom confirms takeover talks with Cell C

Engineering News reports that telecommunications group Telkom on Friday confirmed that it was in discussions to buy out embattled Cell C. Telkom on Monday announced that it was in negotiations regarding a possible transaction, sparking speculation that it was in negotiations with Cell C. Telkom on Friday said it had  … Read more

Thursday | 14 November | 2019 Waiver of unabridged birth certificates welcomed

Engineering News reports that South African Tourism acting CEO Sthembiso Dlamini says a waiver signed by Home Affairs Minister Dr Aaron Motsoaledi last week, allowing foreign children to enter the country without carrying additional supporting documents such as unabridged birth certificates and consent letters, would be welcomed by all in  … Read more

Thursday | 14 November | 2019 Former Eskom finance executive granted R20 000 bail

Fin24 reports that a former finance executive at Eskom, Bernard Moraka, and his alleged accomplice, Victor Tshabalala, appeared last week before the Specialised Commercial Crimes Court in Palm Ridge, Johannesburg, for allegedly defrauding the power utility of R34 million. The two were granted R20 000 bail each, and the case  … Read more

Thursday | 07 November | 2019 No degree means no job

City Press reports that about 56% of the 7,6 million South Africans who were unemployed in the third quarter of the year do not have a matric qualification – and 34,1% only have a matric certificate. The latest Quarterly Labour Force Survey (QLFS), released by Stats SA last Tuesday, showed  … Read more

Thursday | 07 November | 2019 New paternity leave benefits commenced on 1 November

Parent24 reports that according to an announcement by President Cyril Ramaphosa, sections of the Labour Laws Amendment Act 10 of 2018 came into effect on 1 November 2019. ACDP MP Cheryllyn Dudley first brought the proposed bill to the National Assembly in 2017.  In terms of the changes, employers must  … Read more

Thursday | 31 October | 2019 AngloGold Ashanti expects Mponeng sale in 2020

BusinessLive reports that AngloGold Ashanti (AGA) expects to agree a sale of its last SA assets in the first half of 2020, marking the end of its exposure to the country. “The process is going very well; exactly according to plan.  There is very strong interest by a qualified list  … Read more

Thursday | 31 October | 2019 Lanseria airport in R1bn-plus expansion push up to 2028

Lanseria International Airport (LIA) will invest between R1 billion and R1,5 billion in airport infrastructure and in the area surrounding the airport over the next five years, says LIA CEO Rampa Rammopo. According to Engineering News, LIA is owned by a consortium of three groupings, namely government’s Public Investment Corporation,  … Read more

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