Corporate Affairs

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    Bahrain composites group aiming to use PRASA contract as platform for expansion into other sectors

    Composites multinational BFG International, of Bahrain, has officially opened a R50-million factory in Ekurhuleni, South Africa, to supply fibreglass components for the Passenger Rail Agency of South Africa’s (PRASA’s) new trains. The investment, which is the first-ever by a Bahraini manufacturing enterprise in South Africa, has been pursued in partnership with black-owned financial services company Mergence, which is a 51% shareholder in BFG Africa.

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    Bahrain composites group aiming to use PRASA contract as platform for expansion into other sectors

    Composites multinational BFG International, of Bahrain, has officially opened a R50-million factory in Ekurhuleni, South Africa, to supply fibreglass components for the Passenger Rail Agency of South Africa’s (PRASA’s) new trains. The investment, which is the first-ever by a Bahraini manufacturing enterprise in South Africa, has been pursued in partnership with black-owned financial services company Mergence, which is a 51% shareholder in BFG Africa.

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    Govt to see a 19% drop in road-generated revenue by 2030, study predicts

    By 2030, government will see a 19.45% loss in its total road-generated revenue, owing to technological and societal trends, forecasts Johann van Rensburg, a PhD candidate conducting research on transport finance. Van Rensburg delivered a paper entitled ‘Disruptive Transport Technologies: Forecasting the impact on road-generated revenues in South Africa’, at the recent Southern African Transport Conference.

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    Govt to see a 19% drop in road-generated revenue by 2030, study predicts

    By 2030, government will see a 19.45% loss in its total road-generated revenue, owing to technological and societal trends, forecasts Johann van Rensburg, a PhD candidate conducting research on transport finance. Van Rensburg delivered a paper entitled ‘Disruptive Transport Technologies: Forecasting the impact on road-generated revenues in South Africa’, at the recent Southern African Transport Conference.

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    Gautrain looks at procuring pre-owned trains from the UK

    The Gautrain Management Agency (GMA) is investigating the procurement of pre-owned rolling stock from the UK to address peak-hour congestion on the Gautrain system. This follows as a tender process to secure 12 new four-car train sets for the Gautrain …

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    Gautrain looks at procuring pre-owned trains from the UK

    The Gautrain Management Agency (GMA) is investigating the procurement of pre-owned rolling stock from the UK to address peak-hour congestion on the Gautrain system. This follows as a tender process to secure 12 new four-car train sets for the Gautrain …

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    Zuma denies insisting Gama be appointed Transnet CEO

    Former president Jacob Zuma denied vehemently that he pushed for Siyabonga Gama to be appointed Transnet CEO in 2009 over Sipho Maseko who was recommended by the Transnet board. Barbara Hogan, a former minister of public enterprises, told the state capture commission of inquiry last year that she pleaded with Zuma to not appoint Gama who at the time faced serious misconduct charges at the state-owned enterprise.  

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    Zuma denies insisting Gama be appointed Transnet CEO

    Former president Jacob Zuma denied vehemently that he pushed for Siyabonga Gama to be appointed Transnet CEO in 2009 over Sipho Maseko who was recommended by the Transnet board. Barbara Hogan, a former minister of public enterprises, told the state capture commission of inquiry last year that she pleaded with Zuma to not appoint Gama who at the time faced serious misconduct charges at the state-owned enterprise.  

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    SOEs in need of expert staff – Gordhan

    South Africa’s State-owned enterprises need technical experts to make up three-quarters of their staff, whereas at the moment up to half were administrative support staff, Public Enterprises Minister Pravin Gordhan said on Wednesday. “Three quarters of staff should be experts in each sector we are dealing,” the minister told Parliament’s select committee on public enterprises and communication.

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    SOEs in need of expert staff – Gordhan

    South Africa’s State-owned enterprises need technical experts to make up three-quarters of their staff, whereas at the moment up to half were administrative support staff, Public Enterprises Minister Pravin Gordhan said on Wednesday. “Three quarters of staff should be experts in each sector we are dealing,” the minister told Parliament’s select committee on public enterprises and communication.

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