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From Creamer Media in Johannesburg, this is the Real Economy Report. A South African inventor has developed a new flexible wing, which he believes could have application in everything from wind energy and sailing to aviation and motoring. Inspired, in part, by the flight of the Cape Vultur
Transnet Freight Reil (TFR) has successfully run a 375-wagon manganese train over a distance of around 861 km from Sishen to Saldanha Bay. This formed part of the testing of the 4-km-long train, which will, once in operation, be a production train with the highest number of wagons in the world, and the longest manganese train in the …
The draft White Paper on National Rail Policy is expected to be completed by the end of this year, with the legislative process only expected to begin post the 2019 national elections. The promulgation of the draft White Paper will be the first time in which government will be giving the South African rail sector policy direction in …
Nhlanhla Nene has been dropped from South Africa’s cabinet twice in three years – and his misfortunes have been the catalyst that turned one of the biggest rand bears into one of the biggest bulls. As the currency declined this week amid speculation that Nene would resign as finance minister, Nomura International recommended a lo…
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