Page 9 - Nigel Ward News Today : Breaking News, Live Updates & Top Stories | Vimarsana

10th March 2021 10:36 am 10th March 2021 10:36 am A coalition of energy companies has invested £1.6m into a programme to develop a wave-powered renewable energy system for subsea projects. Image credit: S. Hermann & F. Richter from Pixabay Marine energy company Mocean Energy has teamed up with energy storage developer EC-OG alongside Chrysaor, Modus, OGTC and Baker Hughes to fund the demonstration of the system. Their aim is to cost-effectively lower the carbon footprint of providing power to subsea equipment. “The decarbonisation of oil and gas operations is essential for the energy t...

Durban business chamber concerned about corruption, budget impact on KZN Businesses are concerned about the 27 cents per litre fuel levy hike and the country’s burgeoning debt highlighted in Finance Minister Tito Mboweni's 2021 Budget Speech. The Durban Chamber of Commerce and Industry is concerned about the country’s debt burden and the 27 cents per litre fuel hike which will severely impact the logistics reliant KwaZulu-Natal economy.  Durban Chamber of Commerce and Industry president, Nigel Ward said in the chamber’s  statement reacting to Finance Minister Tito Mboweni’s budget s...

Deur Reporter 04 Februarie 2021 06:19 TSAM will be manufacturing and selling the new Corolla Cross in South Africa, in the fourth quarter of the year. Photos: Motorpress TOYOTA South Africa Motors (TSAM) recently announced that it will be manufacturing and selling the brand-new Corolla Cross in South Africa, in the fourth quarter of the year. The model reveal, made by TSAM president and CEO, Andrew Kirby, at the annual State of the Motor Industry (SOMI) address, follows the company’s announcement in 2019 that it was investing R2.43 billion in the production of a new pa...

The move will generate about R2.85bn in additional component purchases and create 1 500 new jobs.

Mystery solved: Toyota confirms Corolla Cross will be built locally from October Charl Bosch Corolla Cross will only be offered as a hybrid, a first for South Africa. Toyota has ended months of speculation by confirming the mystery new model set for production at its Prospecton Plant in Durban as the Corolla Cross. Part of the marque’s R2.4-billion investment announced two years ago, local production of the Cross will se...