Corporate Affairs

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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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    Makhura appoints commission of inquiry into taxi violence

    Gauteng Premier David Makhura has appointed the Commission of Inquiry into Minibus Taxi-Type Service Violence, Fatalities and Instability in Gauteng. The commission will investigate the underlying causes and people behind the ongoing killings in the ta…

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    Makhura appoints commission of inquiry into taxi violence

    Gauteng Premier David Makhura has appointed the Commission of Inquiry into Minibus Taxi-Type Service Violence, Fatalities and Instability in Gauteng. The commission will investigate the underlying causes and people behind the ongoing killings in the ta…

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    New LPG storage tanks arrive in Richards Bay for Petredec facility

    Transnet National Ports Authority’s Port of Richards Bay last week welcomed the arrival of four new 5 650 t liquefied petroleum gas storage bullets on board the vessel XIN LU. The bullets are for the R1-billion, 22 600 t mounded LPG facility which is being developed at the port by Bidvest Tank Terminals, a unit of the Bidvest Group.

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    New LPG storage tanks arrive in Richards Bay for Petredec facility

    Transnet National Ports Authority’s Port of Richards Bay last week welcomed the arrival of four new 5 650 t liquefied petroleum gas storage bullets on board the vessel XIN LU. The bullets are for the R1-billion, 22 600 t mounded LPG facility which is being developed at the port by Bidvest Tank Terminals, a unit of the Bidvest Group.

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    Govt looking to create ‘certainty’ in local steel, manufacturing industries

    Public Enterprises Deputy Minister Phumulo Masualle on Friday said the Department of Public Enterprises (DPE) was looking to create “a sense of certainty” in the local steel and manufacturing industries by leveraging investments from State-owned entities (SOEs). This, he told delegates at the Metals and Engineering Indaba, in Sandton, would be done through the creation of a demand plan for the SOEs, which would consider the investments that SOEs would be pursuing over the medium to long term.

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    Govt looking to create ‘certainty’ in local steel, manufacturing industries

    Public Enterprises Deputy Minister Phumulo Masualle on Friday said the Department of Public Enterprises (DPE) was looking to create “a sense of certainty” in the local steel and manufacturing industries by leveraging investments from State-owned entities (SOEs). This, he told delegates at the Metals and Engineering Indaba, in Sandton, would be done through the creation of a demand plan for the SOEs, which would consider the investments that SOEs would be pursuing over the medium to long term.

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    SA Express not aware of Mothebe liquidation order, spokesperson says

    SA Express has said it is is not aware of a liquidation order that has been granted against the airline from Mothebe Shuttle Services, as claimed in a Financial Mail article on Thursday.  A spokesperson for the airline also said while SA Express had a contract with Mothebe Shuttle Services for R1.3-million a year, that contract had subsequently been flagged as irregular. 

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    SA Express not aware of Mothebe liquidation order, spokesperson says

    SA Express has said it is is not aware of a liquidation order that has been granted against the airline from Mothebe Shuttle Services, as claimed in a Financial Mail article on Thursday.  A spokesperson for the airline also said while SA Express had a contract with Mothebe Shuttle Services for R1.3-million a year, that contract had subsequently been flagged as irregular. 

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    FedEx bullish on African opportunities

    Delivery multinational FedEx continues to invest in its operations across Africa and is providing time-definite delivery services in more countries, which is an indication of its commitment and its growing network, says FedEx sub-Saharan Africa Operati…

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