Cape Town

SPECIAL REPORT: How former fuel fund chief and global traders raided SA’s oil reserves

Cape Town – The Strategic Fuel Fund (SFF), a subsidiary of the Central Energy Fund (SEF), reached an agreement this week for a draft out-of-court settlement with resources conglomerate Glencore in a matter that was heard before the Western Cape High Court’s Judge Owen Rogers on the last day of a three-day long virtual hearing where implicated parties were shown ...

Read More »

Plans to resume MyCiTi Express service in doubt

Cape Town – Taxi association Codeta has poured cold water on the City’s plans for a new service provider to resume the suspended MyCiTi N2 Express service. The service has been at a standstill since last May last year when the City failed to reach an agreement over its operation before the contract with the current shareholders, including the Golden ...

Read More »

The unfinished Foreshore freeway: 40 years in the making

A drive through Cape Town City Centre is not complete without the puzzling view of the incomplete Foreshore freeway. Over the years, many have wondered why these unfinished bridges remain floating in the air with little practical use. Construction on the now infamous freeway began in the 1970s, after the City set out to improve transportation infrastructure. The City had approved ...

Read More »