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Cargo and fuel projects feature strongly in R20bn ORTIA investment plan
Airports Company South Africa (ACSA) has put in place a roughly R20-billion project pipeline for the OR Tambo International Airport (ORTIA), running up to the end of 2031. ACSA spokesperson Ofentse Dijoe says a key focus of the capital expenditure rollout is the Midfield Cargo Complex and its associated infrastructure.
Chery SA to kick off assembly with Tiggo 4 Cross, bakkie assembly under investigation
Chery South Africa (SA) has confirmed that the Tiggo 4 range will be the first model produced at its newly acquired Rosslyn manufacturing plant, with local production scheduled to begin in the second half of next year. Both internal combustion engine vehicles and hybrid derivatives are planned for production at the facility, placing Chery’s highest-volume mo
Electric, hybrid vehicles increasingly price competitive – Lightstone
Price competitiveness and a growing variety of models have helped fuel new-energy vehicle (NEV) sales in the local market, says research house Lightstone in its newest newsletter. NEVs refer to plug-in electric hybrids (PHEVs), mild hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs).
Sixteen months on, food rescue startup Refreshi reaches 200 000-meal milestone
Since its launch in March last year, the Refreshi app has seen South Africans rescue 200 000 meals from local landfills. In doing so, consumers have also saved R12.5-million on their grocery bills. Cape Town-based startup Refreshi’s surplus-food marketplace has also now expanded to 700 partner stores, up from the initial 35.
Sanral CEO steps down
The South African National Roads Agency Limited (Sanral) has confirmed that its CEO, Reginald Demana, has resigned with effect August 31. Demana will move to a new, not yet known, position in the financial services sector.
‘Significant operational improvements’ recorded at Cape Town port – TNPA
Transnet National Ports Authority (TNPA) says it has recorded “significant operational improvements” at the Port of Cape Town, with progress in terminal performance, reduced ship turnaround time (STAT) and increased volume throughput across key commodity sectors. According to the State-owned port operator it has achieved consistent year-on-year improvements
Western Cape municipalities increasingly outshining other provinces – MFS Index
Independent governance ratings agency Ratings Afrika’s newest yearly Municipal Financial Sustainability Index (MFSI) confirms the severe financial distress facing the majority of South Africa’s municipalities, with the notable exception being most of the Western Cape’s municipalities, as well as Midvaal, in Gauteng. “The experience of Western Cape municipali