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SA power producer cuts diesel expenditure by more than $290m

South Africa’s (SA) power producer, Eskom, has cut diesel expenditure by about $298 million as improved coal-fleet performance reduced reliance on emergency generation and lifted energy availability to a six-year high.

SA solar-powered test puts EV range claims to the test

A new test using solar-powered charging stations on the N3 aims to show how electric vehicles (EV) perform under South Africa’s (SA) real-world driving and weather conditions.

World Bank bars African surveying firm for 29 months

The World Bank Group has barred African Consulting Surveyors and Managing Director Willem Jan Timmerman from Bank-financed projects for 29 months following fraudulent and collusive practices in Mozambique.

BRICS summit expected to keep economic co-operation at centre

The BRICS summit in New Delhi is expected to focus on economic cooperation and development despite wars in Ukraine and the Middle East dominating the global agenda.

Rand edges up before US inflation data

SA Rand edged up in early trade on Friday

Passenger rebound lifts ACSA profit to $74m

Airports Company South Africa (ACSA) increased annual profit to about $74 million as recovering passenger traffic lifted aviation, retail, property and parking income.

The Journal

FINANCE

FINANCE

SA power producer cuts diesel expenditure by more than $290m

SA solar-powered test puts EV range claims to the test

World Bank bars African surveying firm for 29 months

BRICS summit expected to keep economic co-operation at centre

Rand edges up before US inflation data

Passenger rebound lifts ACSA profit to $74m

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