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Tourism Transformation Fund has approved R272m of financing assistance
25 mai, par Marleny ArnoldiThe Tourism Transformation Fund (TTF) has approved transactions to the value of R272-million since its inception in 2017. The TTF was launched as a collaborative effort between the Department of Tourism and the National Empowerment Fund (NEF) to foster economic transformation and empowerment (...) -
Patel to leave Cabinet after elections
24 mai, par Tasneem BulbuliaTrade, Industry and Competition Minister Ebrahim Patel has announced that he will conclude his service in Cabinet after next week's election. “I wish to thank the President [Cyril Ramaphosa] and the African National Congress for the trust and confidence shown during my period in office and the (...) -
Plans for acceleration of Eskom’s transmission expansion falling into place – Scheppers
24 mai, par Irma VenterEskom Transmission CEO Segomoco Scheppers says he believes the “pieces are falling into place” that will allow the power utility to “ramp up and move faster” in expanding the country’s constrained power grid. Grid expansion will enable Eskom and independent power producers to bring much-needed (...) -
Reunert H1 earnings rise on Electrical Engineering, Applied Electronics segments
24 mai, par Natasha OdendaalJSE-listed Reunert reported a rise in earnings during the six months ended March 31, 2024, driven by good performance in its Electrical Engineering and the Applied Electronics’ defence cluster segments. Its Information and Communications Technology (ICT) segment, however, posted a muted performance. -
TNPA signs terminal operator agreement with Mnambithi Terminals in transformation deal
24 mai, par Darren ParkerState-owned Transnet National Ports Authority (TNPA) has signed a terminal operator agreement (TOA) with Mnambithi Terminals for the development of a liquid bulk facility at the port’s Maydon Wharf precinct, in KwaZulu-Natal. The project is expected to result in improved operational (...)