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Tiger Brands’ interim results impacted by trading conditions, leadership transition
27 mai, par Tasneem BulbuliaJSE-listed Tiger Brands says it results for the six months ended March 31 reflect a tough trading environment, with negative volume growth across retail and wholesale channels, as well as the impact of its shift in focus to restructuring and implementing a new operating model. Since Tjaart (...) -
Uncertainty over coal jobs ahead of South Africa elections
27 mai, par ReutersGrowing up surrounded by the towering smokestacks of coal-fired power stations, 22-year-old Siya Mokoena's life is inextricably linked to the coal industry that dominates his hometown of Emalahleni in South Africa's eastern province of Mpumalanga. Like many in Emalahleni, generations of (...) -
African Harbour Masters’ Committee elects Transnet harbour master as president
27 mai, par Darren ParkerThe African Harbour Masters’ Committee (AHMC) has elected South African State-owned Transnet National Ports Authority (TNPA) Port of Ngqura harbour master Captain Thulani Dubeko as its new president. He has served as the committee’s VP since October 2022. -
Telkom shareholders green light masts, towers deal
27 mai, par Natasha OdendaalJSE-listed Telkom’s shareholders have approved the proposed R6.75-billion sale of its masts and towers infrastructure subsidiary Swiftnet to a consortium. The consortium comprises infrastructure fund Actis Ohio Fund managed by Actis and an infrastructure vehicle 100% owned by Royal Bafokeng (...) -
Nersa extends deadline for comment on Eskom’s move to reserve grid for public IPPs
26 mai, par Terence CreamerThe National Energy Regulator of South Africa (Nersa) has extended to June 17 the deadline for comment on Eskom’s application to preserve and reserve grid capacity for independent power producers (IPPs) participating in public procurement processes implemented in line with Section 34 of the (...)