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South Africa unveils mega wind power project

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A mega wind power project in South Africa's De Aar, Northern Cape Province that has been constructed with the help of China has started operation. The...

Irish firm CRH joins race to acquire cement maker PPC

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Irish building materials company CRH has made a cash bid for cement maker Pretoria Portland Cement (PPC), adding a new twist to the battle...

Firms lose over 5 percent of annual revenues to fraud-Deloitte

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The South African economy remains mired in political uncertainty, policy shifts and a lack of any real growth. Fraud and Corruption is dominating headlines almost...

South Africa’s Afrimat now eyes broader market

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South Africa's listed open-pit mining company and a supplier of industrial minerals, commodities and construction materials Afrimat is looking into the possibility of establishing...

South African construction firm Raubex eyes international market

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South African construction heavyweight Raubex will be seeking to establish its foothold internationally to boost revenue in the wake of weak domestic growth, the...

South Africa’s Robben Island gets solar mini-grid

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South Africa’s Robben Island infamous for the imprisonment of Nelson Madela has launched a R25 million solar-powered mini-grid plant in what Tourism Minister Tokozile...

South Africa’s freight operator Transnet now ready to expand

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South Africa’s main freight operator Transnet is now ready and well positioned to spread its wings elsewhere on the continent, the company’s group Chief...

Xina Solar One CSP plant completes first month of operation

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The US$880 million Xina concentrated solar power (CSP) plant in Pofadder, South Africa has successfully completed its first month of commercial operation. Mott MacDonald was...

Construction of Swazi rail link in advanced stage

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Preparations to build Swazi rail link, a major railway line that will connect South Africa and Swaziland are in advanced stages with expression of...

Petra Diamonds likely to breach loan agreement

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Petra Diamonds has indicated a possibility of breaching key agreements with its lenders attributing the move to temporary shutdown of its mine in Tanzania...