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May 21 2012 09:02
The government was warned in 2010 that collection costs for the controversial e-toll system would be much higher than a petrol levy or tax, a report says.
May 21 2012 17:30
Mark Zuckerberg's fortune dwindled by nearly $2bnto $18.7bn within minutes as trading began again in Facebook shares – which promptly plunged by nearly $5.
May 20 2012 12:10
The state’s intervention team in Limpopo has scrapped a R320m textbook tender controversially awarded to a firm controlled by former government officials.
Cape Town - South Africa on Wednesday named MAN and Daimler AG's Mercedes Benz unit as the preferred bidders to supply semi-luxury and general spectator buses for the 2010 Soccer World Cup.
Transport Minister Jeff Radebe said spectator transport during the tournament will be boosted by the acquisition of the the buses.
"I am also delighted to announce that government is putting a guarantee of R1.4bn for the purpose of acquiring the 570 buses," he told journalists.
Radebe said a total fleet of 830 buses will be used for the tournament, hosted in Africa for the first time.
- Reuters