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Latest Government of South Africa Stories

2011-08-17 04:03:00

DUBAI, UAE, August 17, 2011 /PRNewswire/ -- According to a report released by the Institute of Security Studies in late 2010, South African seaports are key points of entry into the entire Southern African region for illicit drugs and other illegally imported goods. At the same time, seaports are the lifeblood of the global economy without which international trade would ground to a halt. In fact, over 90% of Africa's food and other integral supplies flow through seaports, the...

2011-06-14 11:00:00

BRANCHBURG, N.J., June 14, 2011 /PRNewswire/ -- TransNet Corporation (OTCBB: TRNT), a leading IPC and IT sales and service provider, today announced it has entered into an agreement with Delta Computec, LLC ("DCi") of Parsippany, New Jersey and its wholly-owned subsidiary, TransTec, LLC ("TransTec") regarding transfer of certain portions of TransNet's business to TransTec. DCi provides high availability life cycle services, including IT consulting and design services, network...

2011-04-20 15:05:00

JOHANNESBURG, April 20, 2011 /PRNewswire/ -- Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS; JSE: NT1) ("Net1") today announced that the South African Social Security Agency ("SASSA") has publicly issued an Invitation to Bid inviting service providers to submit proposals for the provision of payment services for social grants in any one or more of the nine provinces of South Africa by the 27th May 2011. Net1 currently performs such payment service in five of South Africa's provinces and will...

2011-03-24 11:36:00

DUBAI, UAE, March 24, 2011 /PRNewswire/ -- Massive capital investment by logistics group Transnet will become a major driver of economic growth in South Africa, Public Enterprises Minister Malusi Gigaba said on Thursday. Gigaba, whose area of supervision also includes South African Airways, arms firm Denel, power utility Eskom, and nuclear power station Koeberg, said South Africa was well placed as a key player in southern and eastern Africa thanks to extensive fleet procurement by...

2011-02-24 16:21:00

More Than 600 U.S. Jobs Supported by Transaction WASHINGTON, Feb. 24, 2011 /PRNewswire/ -- The jobs of some 600 employees at GE Transportation's facilities in Pennsylvania and its suppliers around the country are being supported by the company's sale of locomotives to South Africa's Transnet, Limited. The Export-Import Bank of the United States (Ex-Im Bank) has approved a loan guarantee in excess of $100 million as part of the sale. The Bank has also approved a preliminary commitment...

2010-11-11 14:46:00

BRANCHBURG, N.J., Nov. 11, 2010 /PRNewswire-FirstCall/ -- TransNet Corporation (OTC Bulletin Board: TRNT), a leading IPC and IT sales and service provider, today reported revenues of $6,025,249 and earnings of $40,249, or $0.01 per share, for the first quarter of fiscal 2011, ended September 30, 2010. This compares to $5,864,949 in revenue and $102,062, or $0.02 per share, in earnings for the same period last year. Steven J Wilk, President, said, "We are pleased to report our...

2010-05-26 09:20:00

LONDON, May 26 /PRNewswire/ -- UK-headquartered substance abuse testing company - Trimega Laboratories - has been invited to sponsor an exclusive briefing event in London at which the Secretary General of the African National Congress, Mr Gwede Mantashe, will deliver a keynote speech. The cocktail briefing takes place tonight (26th May 2010) at the Crown Plaza hotel in St James's and is hosted by the Progressive Business Forum of the ANC (PBF). Mr Mantashe will speak on the topic of...

2010-04-21 09:00:00

BRANCHBURG, N.J., April 21 /PRNewswire-FirstCall/ -- TransNet Corporation (OTC Bulletin Board: TRNT), a leading VoIP and IT sales and service provider, today announced that it has been awarded a $1.1 million project from a K-12 School District in Monmouth County, New Jersey. Using advanced technologies, TransNet designed and will implement this phase of the school district's technology plan, which will significantly enhance the network's voice and data capabilities and expand the...


Word of the Day
bellycheer
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".
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