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Facebook and banks are being sued by Facebook's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its initial public offering.
May 23 2012 15:59
Finance Minister Pravin Gordhan has made an unusual appeal to the Constitutional Court in a bid to set aside the high court order halting e-tolling.
May 23 2012 22:00
Economic liberation or the lack thereof is the most divisive issue in the country, according to a survey.
Johannesburg - South Africa sees nuclear playing a key role in meeting growing demand in the continent's biggest economy, which is battling a power crunch, the Minister of Public Enterprises, Barbara Hogan, said on Thursday.
"There is a lot of controversy about nuclear in the world... [but] there can be little doubt now that nuclear is going to play one of the most important components in our energy provisions going forward," she told a conference.
South Africa is one of the global pioneers in developing a power and heat processing plant based on the pebble-fuel technology.
Jaco Kriek, chief executive of the technology firm spearheading the effort, told the conference the first pilot plant to generate 80 megawatts of electricity could come on stream by 2018, with initial costs estimated at R27bn.
- Reuters