The world's largest manufacturer of turbine blades LM Wind Power is considering establishing a plant in South Africa, Reuters news agency reported. Our typical plant layout will have investment of around EUR 24mn to EUR 25mn and we are looking at a plant of about 100,000 sq m, Nirmal Gupta, director for key accounts and strategic positioning at Denmark-based LM, was quoted as saying. The firm is in talks with South African development financier, the Industrial Development Corporation, and expects to make a final decision before year-end, the executive said. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more