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Govt gives reasons for payment delays

Johannesburg - Incorrect banking details, poor quality of work and tax clearance delays are often behind late payments by the state to suppliers, a senior official said on Friday.  Add a comment

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Some bidders ‘may lose out’ in IPP plan

A HANDFUL of the 28 preferred bidders selected in the first round of the government’s renewable energy independent power producer (IPP) procurement programme might not reach financial close because of the delays in the programme, according to consultants Frost & Sullivan. Add a comment

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Free State flushes R2bn down the drain

FREE State has incurred about R2-billion in irregular expenditure during the first six months of the financial quarter.

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State moves on R47bn green power plan for SA

THE energy market in South Africa is set to change radically, after Energy Minister Dipuo Peters on Monday announced a decision to purchase thousands of megawatts of extra electricity capacity from independent power producers (IPPs). Add a comment

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Minister wants SA national to take over at Anglo

THE government hopes for Anglo American to replace its departing CEO, US-born Cynthia Carroll, with a local person, but the market is expecting big names from rival giant diversified mining companies to be likely candidates to fill a difficult position. Add a comment

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