Top Listings

Make sure to check out these listings

    • View Company
    • View Company
    • View Company

Categories

Check out our categories

News

Stay updated with the news

Fri, 13 Oct 2017
Swaziland Rail Link project to create jobs

More than 9 000 direct jobs are set to be created in South Africa and Swaziland during the construction of the Swaziland Rail Link project.

“Approximately 3000 and 6500 jobs will be created in South Africa and Swaziland individually during the construction of the Swaziland Railway line,” said Transnet Rail Freight Chief Executive Officer Ravi Nair.

The Swaziland Rail Link entails the construction of a 150 kilometre new railway line from Lothair in South Africa to Sidvokodvo in Swaziland and the revamping of two existing lines in both countries.

“This line has been designed to carry 150 general freight wagons at a time and will be operated as a seamless service without stopping at any of the boarders either into Swaziland or out of Swaziland,” Nair said.

He was providing an update on the project during a media briefing which was held on Thursday in Kempton Park.

“The feasibility phase has been completed and it is now ready to be packaged to take to the market to look at public-private partnerships,” Nair said.

The initial estimates from the study indicate that about R20 billion will be needed for the project. The bulk of the funds will go towards infrastructure and construction.

He said progress has been made in that the purchasing of the 506 hectares of land required on the South African side for this project has been approved.

Negotiations with the land owners are being finalised in order to purchase the impacted land.

“Furthermore, approval to exhume and relocate over 120 affected graves has also been obtained on the South African side.

“The affected families have been identified and engaged in this progress. The process of exhuming grave and relocating them elsewhere is being done with the outmost dignity and respect for the communities and the families involved,” Nair said.

The feasibility studies of the Greenfield are complete and authorities in South Africa and Swaziland have granted both teams with the necessary environmental permits.

Additionally, authorities in South Africa and Swaziland have granted the water use licenses, while the feasibility studies of the existing lines that need to be upgraded are in progress.

The lines are Ermelo to Lothair as well as Golela to Nsese. The plans to resettle the affected households are also in progress.

Nair said the Swaziland Rail Link project will have positive spin offs such as improving people’s lives, support regional integration in SADC and accentuate the promotion of intra-Africa trade and economic sustainability throughout the infrastructure investment.

Transnet said the project’s primary objective is to reduce rail and road traffic congestion based on a realistic and achievable system capacity.

Swaziland Railway Chief Executive Stephenson Ngubane said the joint project is going to bring a lot of benefits to Swaziland and South Africa.

“For many years we did not have a direct link and yet Swaziland trades…in Mpumalanga and Gauteng, most of the flow of trade in import and export come from [those provinces].

“With this project the cost of transport will be reduced for as it is more direct through Swaziland and more direct to the Ports of Richards Bay also including Mozambique [...]

Read More
Fri, 27 Jan 2017
8 COMPANIES TO SHARE FURNITURE SUPPLY
Eight companies will share over E6 million as they have won tenders for the supply of and delivery of schools furniture for selected primary schools

The procuring entity is the Ministry of Education and Training.

The companies that stand better chances to be awarded the contracts are Afritool, Tech Tool, Glad Tidings Investment, Mdzabuko Investments, J&D Agencies Wholesale, Army Investments, Marithas Investments and Montigny Investments. Schools to be supplied with the furniture are in all the country’s districts – Hhohho, Lubombo, Manzini and Shiselweni.

The eight companies outsmarted fourteen others which were vying for the same tender. Noteworthy, 12 companies were eliminated under the preliminary and technical evaluation.

These were CITI Group, Intrepid, Dups Properties, Lesco Engineering, ZMCB, Babylon Investment, Boab Investment, J&D Agencies, Ithuba Investment and Cordial Investment.

 

Ref: http://www.times.co.sz/

Read More
Fri, 27 Jan 2017
IN PIPELINE POWER PRODUCERS INCREASING
This is illustrated by the number of licences granted by the Swaziland Energy Regulatory Authority (SERA) to interested companies

Soon after confirming that it has granted Canham Mining a power generation licence, SERA’s Chief Executive Officer Vusi Mkhumane has confirmed granting another IPP a 25 year power generation licence.

T-Colle Proprietary Limited applied for the licence in 2013. Over the years, the regulator was going through an intensive analysis of the application.

“T-Cole is the latest IPP to be granted a power generation licence after we completed our assessments and got board approval,” Mkhumane said.

The granting of T-Cole brings the number of licenced IPPs to seven. The other licenced companies are SGL Power, Royal Swaziland Sugar Corporation (RSSC), Ubombo Sugar Limited (USL), Canham Mining, Middle Lusutfu Hydro Power, and Wundersight.

Mkhumane said before a company could be licenced, it has to clearly indicate that it has an agreement with the Swaziland Electricity Company (SEC) on the tariff it will charge when selling the power, it must have a sound business plan

He said it should have received funding commitments from reputable financiers, should have completed an Environmental Impact Assessment (EIA) and should have contracts with reputable companies where it would source fuel or basic raw material.

After being granted a generation licence, Mkhumane said licensees are expected to provide quarterly progress reports.

The CEO said the progress report allows them to understand if the project would be implemented. He said it also informs them about the challenges being faced by the prospective investor so that they can be assisted where possible.

 

Ref: http://www.times.co.sz/

 

 

 

 

 

 

 

 

 

Read More

We Have An App

Be sure and check our app for more news

  • More news directly in your inbox
  • Be informed in seconds about latest products
  • Grab all cool deals & be the first

Video Adverts

Make sure to check out these video adverts