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Durban Port Partnership: ANC KZN bats for long-awaited ‘mixed economy’ deal, labor can’t buy it

ANC in KwaZulu-Natal supports Transnet’s partnership deal for Durban Container Terminal Pier 2. theHowever, Apor is skeptical about the 25-year partnership and The South African Transport and Allied Workers’ Union said it was “sad to watch the government sell off state entities”. A political analyst says the deal amounts to forced privatization. There has been … Read more

Stalled power projects for 1,850 megawatts risk losing access to the grid by the end of the month

The emergency program has suffered from delays. Karpowership, ACWA Power and other projects related to the 2,000 megawatt contracts awarded more than two years ago expire on July 31. If they lose entry to the network, companies will need to re-apply, which could lead to further delays. For more financial news, go to News24 Business … Read more