Category archives for: Mining & Engineering

SA economy receives rude introduction to 2020

Eskom South Africa

by TINTSWALO BALOYI Executive Editor JOHANNESBURG, (CAJ News) – SOUTH Africa has gotten off to a worst possible start to the New Year with load shedding returning to haunt the country. The setback that is an indication of the struggles that lie ahead for an economy that is the most advanced in the entire African […]

OPINION: South African Economy Has a Yoke Around its Neck

Luke Zunga is Chartered Secretary and Corporate Governance at C & Z Professionals. He is also the Global Zimbabwe Diaspora Forum (ZDF) chairman.

by LUKE ZUNGA JOHANNESBURG, (CAJ News) – THE Monetary Policy Committee of the Reserve Bank projected South African economy to grow by half percent. There are fundamental policies which constraint growth. I will deal with three. The policy of expropriation of land without compensation can be a yoke round the economic neck or shooting yourself […]

Load shedding mars SA mining sector prospects

Eskom South Africa

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – THE resumption power cuts, elevated operational costs and an uncertain policy environment as well as the unclear global growth outlook and flat commodity prices are placing further strain on potential revival of the South African mining sector. The mining industry is ending the year on a low after […]

South Africa-financed bridges commissioned in Zimbabwe

South African National Defence Forces (SANDF) and their Zimbabwe National Army (ZNA) counterparts are with vice president Constantino Chiwenga commissioning Bailey bridge at Kopa in Chimanimani. The bridges were fully sponsored by South African government. Photo, Herald

from MARCUS MUSHONGA in Cimanimani, Zimbabwe CHIMANIMANI, (CAJ News) – SOUTH Africa has spent R59 million to construct bridges in Zimbabwean communities left stranded by the deadly Cyclone Idai early this year. The construction of the Bailey bridges South African National Defence Forces (SANDF) and the Zimbabwe National Army (ZNA) in the eastern Chimanimani are […]

Kabila sucked into UK probe against Swiss firm

Glencore International

from JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – A BRITISH probe into alleged bribery incriminating a global mining and commodity trading group is the latest setback for the company already beset by scandals in the continent. The United Kingdom’s (UK’s) Serious Fraud Office’s (SFO’s) investigation of Glencore is also set to lift the […]

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