Corporate Affairs

  • 0

    China, SA State-owned vehicle plant to be established in $800m investment

    The Industrial Development Corporation (IDC) and Beijing Automotive Group Corporation Limited (BAIC) intend to establish a new vehicle manufacturing facility in South Africa, in a $800-million investment, excluding land and buildings, says IDC spokespe…

  • 0

    Skywise debt ripples down value chain – Acsa

    Johannesburg – Airports Company South Africa (Acsa) stands by its conditions for lifting the suspension of low-cost airline Skywise’s flights. In a statement issued late on Tuesday afternoon, Acsa said it maintains that its decision is informed by what…

  • 0

    D-Day for SAA gag order hearing

    An application by South African Airways (SAA) to have a gag order against three media outlets made final is set to be heard in the Gauteng High Court on Wednesday. It relates to a leaked memo that SAA wants kept secret, because, it says, it could harm …

  • 0

    Improper deals behind huge SAA losses – EY

    Potentially 60% of the total procurement by South African Airways (SAA) could, in one way or another, be subject to weak business controls, the airline said on Tuesday. In the airline’s view this must lend itself to “some idea as to why the airline makes such large losses”.

  • 0

    GE kicks off local production of Transnet locomotives

    Digital industrial group GE has started production of the 233 GE Evolution Series locomotives it has been contracted to supply to State-owned Transnet Freight Rail (TFR) as part of its acquisition of 1 064 electric and diesel locomotives from four orig…

  • 0

    Agreement will give South Africa access to satellite-based air traffic surveillance

    South Africa’s air traffic control and management agency, Air Traffic and Navigation Services (ATNS), has entered into a data services agreement with specialist US company Aireon LLC, the two organisations announced in a press release on Tuesday. As a result, ATNS will, in the near future, be able to monitor all air traffic in the Johannesburg and Cape Town Flight Information Regions (FIRs). Together, these two FIRs account for some 10% of global airspace.

    This surveillance will be done using Aireon’s Automatic Dependent Surveillance-Broadcast (ADS-B) system, which is a satellite-based service that is set to become operational in 2018. It will allow the tracking of aircraft over ocean, desert, mountainous and other sparsely populated and remote areas, where there is currently little, if any, air traffic surveillance.

    “Aireon is providing the global air transport industry with a vital piece of technology that will greatly enhance air traffic management,” stated ATNS CEO Thabani Mthiyane. “Much of Africa is currently without any air traffic surveillance. Aireon’s service will give us visibility into many regions, allowing us to facilitate seamless transitions between air traffic control providers. This will be achieved without any additional ground infrastructure and utilising currently-mandated on-board avionics.”

  • 0

    Sanral turns on automatic payment options along selected toll routes

    The South African National Roads Agency Limited (Sanral) has switched on automated payment options at several existing toll roads and plazas. Road users with electronic tags no longer have to stop to pay tolls manually with cash or credit cards along t…

  • 0

    Kenya gets $1.5bn loan from China to extend railway

    Kenya has secured a $1.5-billion loan from China to extend its railway from the capital to the Rift Valley town of Naivasha, a spokesman for the Kenyan presidency said on Sunday. The faster railway being built from the Indian Ocean port of Mombasa is e…

  • 0

    Civilised Mustang comes to town – with a long waiting list

    There are far fewer iconic brands in the world than marketers claim. An icon has to outlast its generation and outwit its competitors. It has to communicate something about its owner, and not necessarily that he, or she, has money. That is far too obvious. There is also the danger that iconic brands may become so big and unwieldly – larger than life almost – that they easily slip from a company’s grasp as they are prodded forward, often under close, almost obsessive, public scrutiny, as well as the close attention of bean-counters insistent on making a profit. It the Ford Mustang such a brand?

  • 0

    fastjet adds new Zanzibar to Joburg route

    Low cost pan-African airline fastjet has announced they will be operating daily flights to Zanzibar from Johannesburg from 11 January 2016, in response to strong passenger and tour operator demand from within the South African market. Return flight tic…

Page 489 of 548« First...102030...487488489490491...500510520...Last »

Khudu Technologies © 2015 . All rights reserved.