Click here to read or make comments on this topic »
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
A SOLAR energy facility planned for Paarl in the Western Cape could begin producing power in two-and-a-half years, Henri Loubser, project director for new energy at Sasol, said on Friday.
A THIRD of businesses globally are likely to acquire other companies in the next 12 months, according to a new study of almost 500 executives by Ernst & Young's transaction advisory services released recently.
DESPITE a remarkable run so far this year, analysts remain bullish on shares in transport groups such as Imperial Holdings and Grindrod. But one analyst warns of volatility.
DIVERSIFIED junior mining and exploration company Miranda Holdings said on Friday it was aiming to develop one coal mine in its KwaZulu-Natal coal asset portfolio every year for the next five years.
TECHNOLOGY services provider ConvergeNet has suffered a drop in profitability in the past year with delays in the awarding of government contracts compounding damage caused by the recession.
RUSSIAN software developer Kaspersky Lab is opening an office in Johannesburg to sell and support its antivirus and internet security software, in expectation of a growing demand from Africa as undersea cables finally deliver faster and cheaper bandwidth.
HIGHVELD Steel and Vanadium, SA's second-largest steel maker, has reported a R41m loss for the September quarter compared with a profit of R642m in the same period last year.
MEDIA company Avusa has come to the defence of its new daily newspaper, The Times, denying rumours that it planned to close the title after results on Friday showed group profits had dropped 61% as a result of reduced consumer spending and a 20% drop in advertising revenue.
VEHICLE component producer Dorbyl says the potential buyers of the assets it intends selling are struggling to obtain finance as the group continues to restructure and right-size the business.
OUT of everything bad comes something good. The bad, very bad, was the US- ignited subprime grenade, which rocked the entire global economy. But while Uncle Sam may wear egg all over his face, his currency still rules the trading world.
THE Industrial Development Corporation (Zimbabwe) has agreed on terms with the Industrial Development Corporation of South Africa to finance existing and new projects in Zimbabwe.
THE deputy director-general of the industrial development division at the Department of Trade and Industry, Nimrod Zalk, says SA has cemented its position as one of the key players in business process outsourcing and offshoring (BPO&O).
LOCAL markets are likely to be refreshed by a flood of good news this week, with data showing the economy has pulled out of recession, while inflation has fallen back inside its official target range for the first time in two-and-a-half years.
CAN you imagine an industry in which the workers who laboriously produce the product are paid by the public purse, those that painstakingly review the quality of the product are also paid by the public purse, and then the product is sold by a private company back to public institutions at a huge profit?
DURBAN could be without a bus service again during the busy December holiday season as the eThekwini Municipality has been given four weeks to comply with the terms of its contract with Transnat Africa or the new bus operator may cancel the contract and claim damages.
SA's first low-cost tertiary education institution, Johannesburg's Cida City Campus, has suspended its year-long foundation programme for next year, registrar Mburu Gitonga confirmed last week.
PRESIDENT Jacob Zuma this week ordered his Cabinet to come up with a plan to combat corruption, a notion that is both laudable and somewhat ironic.
WILLIAM Gumede and Leslie Dikeni's fascinating new collection of essays, The Poverty of Ideas, sheds fresh light on the changing role of intellectuals in post-apartheid SA.
The South African Police Service has signed a R55 million agreement with the Norwegian embassy to support a police-training project in Sudan.
Diski dance, a sequence of moves based on soccer tricks, is the official World Cup dance - and the city is out to set a world record for the most people doing it at the same time at the launch of the Cape Town Summer Festival this weekend.
The United Nations refugee agency today condemned the latest xenophobic attacks that have driven some 3,000 foreigners, including refugees and asylum-seekers from Zimbabwe, from a community in South Africa.
South African refugee rights group, PASSOP, has slammed local government officials for their handling of this week's outbreak of xenophobic violence near Cape Town, which saw more than 3000 foreigners, mainly Zimbabweans, flee their homes.
Farmers in De Doorns have rejected allegations that they are paying Zimbabwean immigrants lower than the minimum wage and are therefore responsible for the xenophobic attacks that erupted in the region this week.
The Inter-Ministerial Committee (IMC) tasked to oversee government's preparation for the 2010 FIFA Soccer World Cup has expressed satisfaction at the progress made ahead of the tournament.
A report describing soldiers' service conditions as a "ticking time bomb" demanded urgent action and should be made public, Democratic Alliance MP David Maynier said yesterday.
Active Discussions: South Africa