• May 15, 2024
• Infrastructure
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The Competition Tribunal has ordered the Emfuleni local municipality to provide various documents to steel producer and electricity consumer Cape Gate, which alleges that the municipality excessively charged it for electricity in 2016/17. In its answering affidavit to the tribunal, the municipality denied the allegations against it. The tribunal has granted Cape Gate’s discovery application and has ordered the municipality to provide documents …

• May 15, 2024
• Infrastructure
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The Coega Development Corporation (CDC) has started to prepare the site at the Coega Special Economic Zone for the construction of the new Stellantis vehicle-assembly plant, says the Department of Trade, Industry and Competition (dtic). The CDC is supplying the land on which the factory will be built. Read More Engineering News | Home

• May 15, 2024
• Infrastructure
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A consortium led by private equity firm Alterra Capital Partners and including broad-based investment holding company the Mineworkers Investment Company (MIC) and independent private equity house Admaius Capital Partners, will acquire a majority stake in beverage company Chill Beverages from Old Mutual Private Equity (OMPE). This acquisition marks the first investment by Alterra’s Africa Accelerator Fund. Read More Engineering News …

• May 15, 2024
• Infrastructure
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The Competition Tribunal has conditionally approved the proposed merger whereby subsidiaries of JSE-listed seafood and aquaculture company Sea Harvest intend to acquire certain subsidiaries of Terrasan. The subsidiaries being acquired are those engaged in the catching, processing and sale of pelagic fish, as well as in the farming, processing and selling of abalone. Read More Engineering News | Home

• May 15, 2024
• Infrastructure
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The International Trade Administration Commission (Itac) has asked the South African Reserve Bank to impose provisional duties on imports of active yeast originating in or imported from Zimbabwe for six months while further investigation into allegations of dumping is under way. Itac has been investigating the alleged dumping of active yeasts originating in or imported from Zimbabwe since August last …

• May 15, 2024
• Infrastructure
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The Tshwane Automotive Special Economic Zone (TASEZ) on May 14 celebrated the first cohort of 526 local youths trained in safety, health, environment and quality to participate in different parts of the automotive value chain. These skills were critical in all aspects of the automotive value chain, said TASEZ CEO Dr Bheka Zulu. Read More Engineering News | Home

• May 15, 2024
• Infrastructure
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The number of US visitors to South Africa is now higher than it was in 2019, the last year before the Covid-19 pandemic hit, United Airlines director sales continental Europe, India, Israel, Africa & Middle East Thorsten Lettnin tells Engineering News, in an exclusive interview. In 2022, the total number of travellers to South Africa from the US was some …