Newsroom
- Eastern Cape has lowest consumer inflation rate19 Jun, 2013
Eastern Cape has lowest consumer inflation rate The Consumer Price Index (CPI) for all items in Port Elizabeth declined by 0.1 between April and May, according to figures released by Statistics South Africa this morning. Year-on-year (y/y), CPI for all it...
- N2 construction completed in September 201419 Jun, 2013
N2 construction completed in September 2014 The construction of the 14 kilometres freeway and 10 kilometre two-lane section of the N2 between the Coega Industrial Development Zone and Colchester will be completed in September 2014 The South African Nation...
- Blue Crane applies for higher electricity tariff hike18 Jun, 2013
Blue Crane applies for higher electricity tariff hike The Blue Crane Route Municipality has applied to the National Energy Regulator of South Africa (Nersa) to increase its electricity tariff above the national guideline of 7%. The municipality want...
- Coega projects worth R116.3 billion at feasibility stage18 Jun, 2013
Coega projects worth R116.3 billion at feasibility stage The Coega Development Corporation says it has projects worth R116.3 billion at the “feasibility” stage and R8.1 billion that are currently being negotiated. In addition, three investors ...
- Hiring intentions weaken in the Eastern Cape14 Jun, 2013
Hiring intentions weaken in the Eastern Cape The intention of employers in the Eastern Cape to hire further staff has weakened by 6 percentage points quarter-on-quarter, according to the Manpower Employment Outlook Survey for the third quarter of 2013. Th...
- Two Algoa Bay ports handled 2.235 million tonnes of cargo in May14 Jun, 2013
The two Algoa Bay ports – Port Elizabeth and Ngqura – handled a total of 2.235 million tonnes of cargo last month, according to figures made available by Transnet National Ports Authority. In the same month last year, the two ports handled a combined 1.419 million tons....
- East London has highest percentage of liquor licences05 Jun, 2013
East London has the highest percentage of licensed liquor outlets in the Eastern Cape, according to the Annual Performance Plan of the Eastern Cape Liquor Board. The Plan shows that 20% of all licensed liquor outlets in the Eastern Cape are in East London closely followed by Port El...
- Wind and solar investment planned for Sterkstroom10 Jun, 2013
A site has been located near Sterkstroom for the Stormberg Renewable Energy Project that will consist of separate wind and solar energy facility components. Networx Eolos Renewables has initiated an environmental impact assessment for the project that also includes grid connection i...
- Peaking power plant another boost for Coega IDZ07 Jun, 2013
In another major boost for the Coega Industrial Development Zone, GDF SUEZ has announced that it has signed Power Purchasing Agreements (PPAs) for two power plants, one of which will be in the Coega IDZ. The two power plants have a combined capacity of 1 005MW with the one at ...
- R1,7 billion investment for Bay West City development05 Jun, 2013
Nedbank Corporate Property Finance has announced that it has funded the development of the Bay West City Mall to the tune of R1.721 billion which, according to SA Commercial Prop News is “the largest ever finance deal” agreed to by the bank. The 87 500 square metre shopp...
