Corporate Affairs
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Mbalula calls for efforts to overcome inefficiencies, infrastructure backlogs
Transport Minister Fikile Mbalula has made a strong call to correct inefficiencies and tackle infrastructural backlogs. “We need to accept that the way we have been working is not working. We must grow Africa’s economy and connect our economies fast. Time is against us, “he warned at the opening of the African Ports and Rail Evolution forum, in Durban, on Tuesday.
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Mbalula calls for efforts to overcome inefficiencies, infrastructure backlogs
Transport Minister Fikile Mbalula has made a strong call to correct inefficiencies and tackle infrastructural backlogs. “We need to accept that the way we have been working is not working. We must grow Africa’s economy and connect our economies fast. Time is against us, “he warned at the opening of the African Ports and Rail Evolution forum, in Durban, on Tuesday.
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Sasol provides R400m in financing for first South African-owned chemical tanker
Integrated chemicals and energy company Sasol has provided R400-million to finance the acquisition of the first South African-owned chemical tanker, the Bow Cecil, by empowered entity, Nduna Maritime. Speaking after the 37 000 dwt vessel, which is equipped with 47 tanks, docked in Durban harbour on Wednesday, Sasol executive VP: advisory, assurance and supply chain Vuyo Kahla said this was the company’s largest ever enterprise and supplier development (ESD) funding agreement through its Sasol Siyakha Trust.
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Sasol provides R400m in financing for first South African-owned chemical tanker
Integrated chemicals and energy company Sasol has provided R400-million to finance the acquisition of the first South African-owned chemical tanker, the Bow Cecil, by empowered entity, Nduna Maritime. Speaking after the 37 000 dwt vessel, which is equipped with 47 tanks, docked in Durban harbour on Wednesday, Sasol executive VP: advisory, assurance and supply chain Vuyo Kahla said this was the company’s largest ever enterprise and supplier development (ESD) funding agreement through its Sasol Siyakha Trust.
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Durban aerotropolis masterplan expected to attract R1tn in investment
A masterplan for a Durban aerotropolis that is expected to attract about R1-trillion in public and private sector investment and create 750 000 jobs over a 50-year period has been unveiled. Speaking ahead of the launch of a Visitors Centre and the unveiling of an extensive model of the proposed aerotropolis, KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs Nomusa Dube-Ncube said the purpose-built airport city that was anchored by the King Shaka International airport would enhance urban, regional and national competitiveness and make the province more economically efficient, sustainable and attractive to investment.
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Durban aerotropolis masterplan expected to attract R1tn in investment
A masterplan for a Durban aerotropolis that is expected to attract about R1-trillion in public and private sector investment and create 750 000 jobs over a 50-year period has been unveiled. Speaking ahead of the launch of a Visitors Centre and the unveiling of an extensive model of the proposed aerotropolis, KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs Nomusa Dube-Ncube said the purpose-built airport city that was anchored by the King Shaka International airport would enhance urban, regional and national competitiveness and make the province more economically efficient, sustainable and attractive to investment.
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Sanral extends olive branch to smaller contractors, communities
The massive turnout at the South African National Roads Agency Limited’s (Sanral’s) N2/N3 information corridor roadshow across KwaZulu-Natal this week saw the roads agency extend an olive branch to local contractors and communities, as well as controversial business forums that had disrupted major construction projects, sometimes at gunpoint. “We are not at war with you. When we go out to people, we get lambasted but we are prepared to take the blows . . . Sanral does not want to come with a big brother attitude. We come here in humility because we can learn from you,” Sanral chairperson Themba Barrange Mhambi told the large gathering in Durban on Thursday.
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Sanral extends olive branch to smaller contractors, communities
The massive turnout at the South African National Roads Agency Limited’s (Sanral’s) N2/N3 information corridor roadshow across KwaZulu-Natal this week saw the roads agency extend an olive branch to local contractors and communities, as well as controversial business forums that had disrupted major construction projects, sometimes at gunpoint. “We are not at war with you. When we go out to people, we get lambasted but we are prepared to take the blows . . . Sanral does not want to come with a big brother attitude. We come here in humility because we can learn from you,” Sanral chairperson Themba Barrange Mhambi told the large gathering in Durban on Thursday.
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At least five N2, N3 tenders to open by financial year-end, says Sanral
At least five tenders for the upgrade of the N3 and N2 highways in KwaZulu-Natal will go out before the end of South African National Road Agency Limited’s (Sanral’s) current financial year, Sanral Eastern Region design, planning and construction manager Ravi Ronny told a business briefing roadshow at Durban’s King’s Park Stadium on Thursday. Due to the length and estimated R30-billion cost of both upgrades, the corridor has been split into a number of detailed design and construction packages each valued at about R1-billion.
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At least five N2, N3 tenders to open by financial year-end, says Sanral
At least five tenders for the upgrade of the N3 and N2 highways in KwaZulu-Natal will go out before the end of South African National Road Agency Limited’s (Sanral’s) current financial year, Sanral Eastern Region design, planning and construction manager Ravi Ronny told a business briefing roadshow at Durban’s King’s Park Stadium on Thursday. Due to the length and estimated R30-billion cost of both upgrades, the corridor has been split into a number of detailed design and construction packages each valued at about R1-billion.