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Relief as Koeberg opens again
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| Power utility Eskom on Wednesday confirmed that the Koeberg power station in the Western Cape has been returned to service following repairs to a unit shut down last month. More... |
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Mining job cuts over 12 000
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| Another 1 000 permanent and contractual jobs could be lost in the mining industry, bringing total potential job losses to more than 12 000, trade union Solidarity said on Wednesday. More... |
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Eskom offered $6.5bn in loans
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| The National Treasury's Lungisa Fuzile told a group of asset managers in Cape Town that Eskom has nailed down a loan of US$500m from the African Development Bank, and he added that the bank has offered another US$1 billion to help pay for the utility's infrastructure build. More... |
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Building index at 7-year low
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| Confidence in South Africa’s building industry plunged in the fourth quarter as weak demand for property threatened profitability, a survey showed yesterday. More... |
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Metals slump knocks supplies
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| Platinum mining companies' demand for power cables and telecoms equipment had "dried up overnight" after metals prices slumped, according Reunert, the local producer of industry supplies. More... |
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