THE SMART NEWS SOURCE | Feb 10 2012 20:02 | LAST UPDATED Feb 10 2012 20:02 |
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R120-billion clean power boomBids will bring 3 750 megawatts of alternative energy on to the grid within the next three years at a total cost of R120-billion. Plan rolled out to cope with high internet demandThe Independent Communications Authority of South Africa has outlined a framework for licensing of high demand spectrum for broadband. Branson adds pressure on SA to support entrepreneursBritish entrepreneur Sir Richard Branson feels more needs to be done to support upcoming entrepreneurs and existing ones to fight high unemployment. Bids roll in for R70bn renewable energy planAn energy department official says 53 bids have been received from independent electricity producers for the construction of renewable energy sources. ArcelorMittal ends talks on Kumba BEE dealArcelorMittal says it would not proceed with a much-criticised black economic empowerment deal after its conditions were not met by Kumba Iron Ore. SA signals shift in BEE lawsSA is planning to shift black economic empowerment (BEE) rules away from equity investment and ownership towards productive activities. Microsoft unveils SA empowerment dealMicrosoft South Africa, a unit of the world's largest software firm, will invest R475-million in four black-owned software firms. BEE 'is not meant for the select few'Former MP Jay Naidoo says black economic empowerment (BEE) has, in many instances, been hijacked by a "cabal of predatory elite". MTN empowerment shares sold outThe MTN Group's empowerment transaction has raised R2,78-billion and had more applications than it had shares available. Shareholders force Arcelor rethinkArcelorMittal says its R9-million BEE deal with Imperial Crown Traiding could be revisited. |
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