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December 08
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Relief as Koeberg opens again
Topic: December 08 Author: Fin24
Power utility Eskom on Wednesday confirmed that the Koeberg power station in the Western Cape has been returned to service following repairs to a unit shut down last month. More...
Mining job cuts over 12 000
Topic: December 08 Author: Fin24
Another 1 000 permanent and contractual jobs could be lost in the mining industry, bringing total potential job losses to more than 12 000, trade union Solidarity said on Wednesday. More...
Eskom offered $6.5bn in loans
Topic: December 08 Author: Fin24
The National Treasury's Lungisa Fuzile told a group of asset managers in Cape Town that Eskom has nailed down a loan of US$500m from the African Development Bank, and he added that the bank has offered another US$1 billion to help pay for the utility's infrastructure build. More...
Building index at 7-year low
Topic: December 08 Author: The Witness
Confidence in South Africa’s building industry plunged in the fourth quarter as weak demand for property threatened profitability, a survey showed yesterday. More...
Metals slump knocks supplies
Topic: December 08 Author: Business Report
Platinum mining companies' demand for power cables and telecoms equipment had "dried up overnight" after metals prices slumped, according Reunert, the local producer of industry supplies. More...
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