Wind farm operators are under no illusion that their small power generation output will be inadequate to meet South Africa’s baseload issues. However, they believe that in time new storage measures and lower costs will change the game radically. Aurora Wind Power head
Author: Agency Staff
South African Communist Party (SACP) general secretary Blade Nzimande tore into the media on Friday, describing its content as “horrifying”. He bemoaned what he called a “media monopoly”, saying the situation had gotten worse instead of better since 1994. Media houses did not invest
Former First National Bank CEO Michael Jordaan has announced an investment in local online wine retailer Port2Port. Jordaan has invested an undisclosed amount in the startup. He tweeted the announcement through Montegray Capital, which is his startup investment vehicle
More than 200 ex-Telkom staff have been issued with consultation letters at their new employer WNS. In June, Telkom announced a restructuring process in which it planned to offer 4 400 employees voluntary severance or early retirement packages. Telkom further said it planned
The Helen Suzman Foundation has asked public protector Thuli Madonsela to probe Eskom, Chancellor House and the ANC following the damning Hitachi revelations. The request follows recent claims by the US Securities Exchange Commission about the
The Communication Workers Union (CWU) wants the chief executive officer of Telkom, Sipho Maseko, fired because of an alleged lack of transformation and job cuts at the company. The union accused Telkom
Retailers have either changed or died and all because of empowered consumers, said Chris Sanderson, co-founder of the UK-based Future Laboratory. He was one of the guest speakers on the first day of the 19th congress of the South African Council of Shopping Centres taking place in Durban this week
South African consumer confidence is on par with the lowest reading recorded during the 2008/2009 recession, according to the FNB/BER Consumer Confidence Index (CCI) on Thursday. Having plunged from -4 index points in the first quarter of 2015 to a 14-and-a-half-year
Government, with the help of banks, plans to replace 38m green ID books with smart ID cards within five years. This is according to home affairs minister Malusi Gigaba, who on Wednesday announced new pilot phases for South Africa’s proposed smart ID card project
Startling revelations following investigations by the US Securities and Exchange Commission have lifted the veil of secrecy in the relationship between ANC funding front Chancellor House and Hitachi Power Africa. The case has also raised questions about possible manipulation of major contracts