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May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - South African power utility Eskom on Thursday said the suspension of coal deliveries after the rise in road
accidents would not affect electricity supplies.
Some 133 700 metric tons of coal is transported in 1 500 trucks to 11 power stations across the country every day.
But the state-owned utility announced its decision to halt deliveries for 24 hours following the rise in the number of road accidents in the last month.
"During the past month, a total of 55 accidents were reported in which 16 people were fatally injured," Eskom said in a statement.
Eskom said coal stockpiles at its power stations were at an average of 25.7 days and the suspension of coal deliveries for the 24 hours would reduce the stockpiles by no more than two system days.
- I-Net Bridge,