A South African construction company that still makes a profit is a rare sight these days, yet Wilson Bailey Holmes-Ovcon (WBHO) this financial year yet again managed to buck the depressing trend of failing domestic construction companies, owing largely to … Read More
The City of Joburg on Tuesday, said it was moving ahead with efforts to reclaim hijacked properties after its Council passed a report to enable the City to reclaim local community shops in Riverlea, south of Johannesburg. Leah Knott, Member … Read More
The South African Reserve Bank cut its benchmark interest rate by the biggest margin in more than ten years as it seeks to support an already fragile economy that’s expected be hit hard by the novel coronavirus. The monetary policy … Read More
The National Nuclear Regulator (NNR) has confirmed that it is in preliminary talks with State-owned national electricity utility Eskom regarding extending the operating life of the country’s only nuclear power plant (NPP) at Koeberg, north of Cape Town. Currently, Koeberg … Read More
Eskom will implement stage 2 load-shedding from 16:00 to 21:00 on Thursday night due to generation issues, combined with the severe cold weather, the power utility announced. "Unfortunately, a generation unit each at Tutuka and Medupi Power Stations were forced … Read More