Legal processes required to grant a licence for South Africa’s nuclear power plant have not been followed, civil society organisations say
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On 31 July 2020, the Mail & Guardian published an article with the headline “Eskom cancels dodgy R100m tender”. The headline was false and no contract was ever cancelled between Eskom and IDS Africa as no tender was awarded for the maintenance of boiler tubes at Medupi Power Station. IDS Africa was not found guilty […]
These restrictions must be overturned or ignored because they are limiting the production and importing of essential medical equipment such as ventilators
A falling out between partners in the controversial R100-million contract to do boiler tube maintenance at Eskom’s Medupi power station is threatening to scupper the entire project. The Mail & Guardian has learned that a falling out between former Eskom chairperson Jabu Mabuza’s relative Nomvula Mabuza and her former partner Drazan Vrca has escalated to […]
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/ 30 January 2020
General Electric partners with Eskom to upgrade Mpumulanga schools
Eskom’s woes are often because of boiler problems at its power plants. R50-billion has been set aside to fix them, but some of the contracts are going to questionable entities
General Electric looks back at the progress it has made in over 120 years in Africa
The Financial Times reported on Tuesday that KPMG could face protests over its audits of major clients Wells Fargo and General Electric
General Electric says it is seeking to target power, health and locomotive opportunities in the hopes of boosting economies in Africa.
While innovation is crucial to a country’s competitiveness, it is not the only factor and the quality of education is still a concern, a survey found.
The state-owned freight and logistics company says that annual profit has risen by 25%.
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/ 13 January 2009
Indian police on Tuesday searched the offices of PricewaterhouseCoopers, the auditors of the troubled outsourcing giant Satyam Computers.
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/ 10 October 2008
United States stocks tumbled on Friday, sending the benchmark S&P 500 below 900 for the first time in five years.
Few people know that the British anti-slavery movement began with a meeting of three diabetics for tea and sugarfree crumpets.
Hundreds of firefighters were battling a large blaze that broke out on Sunday on a back lot at Universal Studios, site of movie and television production, a spokesperson for a neighbouring fire department said. Burbank firefighter David Ortiz said that about 200 firefighters and two helicopters had been deployed to assist the Los Angeles County Fire Department.
Asian stocks tumbled on Monday followed by losses across European and United States markets on concern over company earnings and increasing gloom about prospects for the global economy, analysts said. Wall Street stocks opened lower as Wachovia bank, one of America’s largest retail banking groups, announced a net loss of $350-million.
World markets were dampened by negative earnings reports from the United States on Monday, causing the JSE to pull back sharply. By midday, the JSE’s broader all-share index had fallen 1,48%. The banking index pulled back 2,51% and financials retreated 1,41%.
Yahoo! on Monday launched a site for women between the ages of 25 and 54, calling it a key demographic underserved by current Yahoo! properties. The site, Shine, is aimed largely at giving the struggling internet company additional opportunities to sell advertising targeted to the key decision-maker in many households.
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/ 6 February 2008
BHP Billiton launched a hostile ,4-billion bid for rival Rio Tinto in a move that could trigger a Chinese-led counterbid in the world’s second biggest corporate takeover. Combined, BHP and Rio would create the world’s third-richest company, with a market capitalisation eclipsed only by Exxon Mobil and General Electric.
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/ 15 December 2007
Production on all but two of the last few scripted prime-time television shows shooting in Los Angeles ground to a halt on Friday as a crippling strike by Hollywood writers neared the end of its sixth week. The cost of the strike in terms of lost TV production spending in Southern California alone has reached about -million a week,
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/ 30 November 2007
Time spent watching television will rise faster than leisure time spent on the web until 2012, while a major audience for internet video could take even longer to develop, consultancy Bain & Co said on Thursday. The data could be sobering to TV networks and web media companies, which are investing heavily in internet video sites.
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/ 27 November 2007
Universal Studios and its partners will build a 2,9-trillion won (,1-billion) theme park in South Korea by 2012, its largest project in terms of investment size. The park, spanning 4,7-million square metres and featuring hotels, golf courses and rides based on popular movies and TV shows, would be similar in scale to the Universal Orlando Resort in Florida
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/ 5 November 2007
United States film and television writers started going on strike on Monday as last-minute talks aimed at averting the Writers Guild of America’s first strike in almost two decades collapsed. The strike is expected to shut down many sitcoms and send popular late-night talk shows immediately into reruns.
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/ 19 October 2007
The responsibility of addressing South Africa’s apartheid past lies within the country itself and not the United States courts, Justice and Constitutional Development Minister Brigitte Mabandla said on Friday. In a statement issued by her office, she reiterated the government’s stance against the case brought by a group of apartheid victims in US courts.
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/ 18 October 2007
News Corp’s Rupert Murdoch said his recently-launched Fox Business Network cable channel is off to a good start and joked that its rival, top United States business news cable network CNBC, was ”half-dead.” Fox Business launched in 30-million homes on Monday featuring a programme lineup that seeks to make business news palatable to the average viewer.
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/ 15 October 2007
Victims who filed suit for $400-billion against United States businesses allegedly complicit with the former South African apartheid regime have found new hope following a federal court ruling in the US. "The appeal court decision is a major victory," said Michael Hausfeld, a lawyer for the victims on the heels of Friday’s decision by a Manhattan federal court.
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/ 21 September 2007
United States television network NBC will start offering limited free downloads of shows such as Heroes and The Office as part of its bid to expand the digital distribution of its programmes and compete with Apple’s iTunes Store, the network announced.