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Tag: south africas
South Africa's Transnet secures $231m loan to fund Bombardier locomotives
2015-06-26 01:00:00| Railway Technology
South African freight transport firm Transnet has signed a R2.8bn ($231m) loan with Germany's KfW Development Bank to fund the purchase of 240 electric locomotives, which are part of the company's 1,064 locomotives acquisition programme.
South Africa's Tongaat posts lower full-year earnings
2015-05-26 08:45:51| Sugar Industry News
JOHANNESBURG (Reuters) - South African sugar maker Tongaat Hulett posted a 16 percent drop in full-year earnings on Monday, weighed down by lower sugar output and prices.
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Low sugar prices hurt South Africa's Illovo Sugar, Tongaat
2015-05-26 08:45:51| Sugar Industry News
JOHANNESBURG (Reuters) - Illovo Sugar Ltd and Tongaat Hullett, Africa's two biggest producers of the sweetener, reported weaker full-year profits on Monday, blaming softer global prices and lower output, sending their shares sliding.
South Africa's Illovo Sugar flags lower FY earnings
2015-04-20 11:46:01| Sugar Industry News
JOHANNESBURG (Reuters) - Illovo Sugar, Africa's biggest producer of the sweetener, said on Wednesday its full-year profits would fall due to depressed global prices and drought that has ravaged some of its crops in South Africa.
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South Africa's digital TV transition 18 months from completion
2015-04-17 19:00:03| Digital TV News
Speaking at the Southern African Digital Broadcasting Workshop, South Africa's Minister of Communications said that the country plans to implement its transition to digital broadcasting over the next 18 months.
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