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Aug 22, 2014
Nick Thomson
   
JSE-listed African Oxygen (Afrox) was hoping the Competition Commission enquiry into the liquefied petroleum gas (LPG) industry, of which the results were expected to be released in March 2016, would unlock opportunities for the competitive importation of LPG in to...
 
Aug 22, 2014
A R1.4-billion contract, awarded by Transnet National Ports Authority (TNPA) to Durban-based Southern African Shipyards, for the supply of nine tugboats for South Africa’s harbours got under way this week with the cutting of the first steel. The tugboats would...
Aug 22, 2014
Mercedes-Benz E-Class
The Mercedes-Benz E-Class has been crowned the best-quality passenger car in South Africa, followed by the C-Class Coupé and the C-Class petrol model. This title has been awarded by research house Ipsos, based on telephonic interviews conducted with new vehicle...
Aug 22, 2014
Various stakeholders have expressed optimism that the Small Business Development Ministry, created after the national elections in May, will add much needed impetus to enterprise development in South Africa, where a strengthening of the entrepreneurial culture is...
Aug 22, 2014
President Jacob Zuma
President Jacob Zuma says supporting small enterprises and broad based economic empowerment will be a key strategy in growing the economy to create millions of decent jobs by 2030. He said this would be guided by government’s plan to industrialise the economy by...
Aug 22, 2014
Updated 7 hours ago The Competition Tribunal on Friday announced that it had approved the merger between pharmaceutical company Adcock Ingram and Bidvest subsidiary BB Investment Company, on condition that Adcock would not retrench any employees for one year from the day the deal was...
Aug 22, 2014
Sacci CEO Neren Rau
Updated 6 hours ago The South African Chamber of Commerce and Industry (Sacci) would work with the office of the Afican National Congress (ANC) secretary-general Gwede Mathashe on a series of constructive engagements on improving the domestic economic climate and building a more...
Aug 22, 2014
TSX-listed SNC-Lavalin has completed its C$2.1-billion buy out of global oil and gas services company Kentz Corporation, with the latter’s integration into the engineering and construction firm under way. SNC-Lavalin aimed to transform its oil and gas division into...
Aug 22, 2014
Updated 7 hours ago Civil construction and engineering group Esor on Friday announced that it had implemented the long-planned restructuring of its executive board as was first announced on June 27. In terms of the restructure, current CFO Wessel van Zyl had been appointed CEO with...
 
Aug 22, 2014
Updated 6 hours ago JSE-listed property group Redefine Properties on Friday said its acquisition of all the assets and the property portfolio of Fountainhead Property Trust, had not been approved by the requisite majority of Fountainhead unitholders and would, therefore, not be...
Aug 22, 2014
Updated 7 hours ago The South African energy industry had to take stock of its actions and ensure that it not only focused on rapid results in the short term but also on long-term sustainability, South African National Energy Association (Sanea) chairperson Brian Statham said on...
Aug 22, 2014
Updated 6 hours ago JSE-listed investment and empowerment group Grand Parade Investments (GPI) and electronics contract manufacturer Tellumat have teamed up to create a 51:49 joint venture company Grand Tellumat Manufacturing. The transaction would see the engineering skills and...
Aug 22, 2014
Updated 7 hours ago South Africa has signed and adopted the new Benguela Current Commission (BCC) with Angola and Namibia, which will see the three countries work together in marine conservation matters. The agreement is a five-year strategic plan that aims to promote the long-term...
Aug 22, 2014
More than $30-billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20-million tonnes per year of liquefied natural gas (LNG), with the first exports due to start in 2018, the national oil company said. The investments...
Aug 22, 2014
Aug 21, 2014
Construction, mining, development and engineering group Basil Read on Thursday announced that it expected a loss a share for the six months ended June 30, of between 131.18c and 160.33c, compared with the 198.28c earnings a share in the prior corresponding period....
Aug 21, 2014
JSE-listed Group Five on Thursday said it had secured a three-year R4-billion engineering, procurement and construction contract for the design and build of a 350 MW gas- and oil-fired combined cycle power plant in Ghana. Ghana-based Cenpower Generation would issue...
 
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