The Passenger Rail Agency of South Africa has awarded German company Siemens a R2.7-billion contract to implement world-class signalling systems on the Johannesburg and Pretoria rail networks as the country prepares to replace its ageing passenger fleet with modern commuter trains.
South Africa is introducing a tax incentive for companies that make measurable
savings in their energy consumption, the government announced on Wednesday.
The newly launched Private Sector Energy Efficiency Project will help businesses to
take advantage of the incentive.
Minister in the Presidency Collins Chabane outlined South Africa's competitive advantages for Emirati businesspeople and investors at a roundtable hosted by Brand South Africa at the JW Marriot Marquis Hotel in Dubai on Wednesday.
While trade and investment between South Africa and Nigeria had increased substantially since 1999, there was still potential to build on this, Deputy Trade and Industry Minister Elizabeth Thabethe told a seminar in Abuja, Nigeria on Monday.
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