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Jul 30, 2015
   
Updated 4 hours ago South Africa’s Solar Water Heating Manufacturers Cluster of South Africa (SWH-Mancosa) is taking active steps to reinvigorate the solar-geyser sector, which has been left in a “precarious” position following the termination of the Eskom rebate programme in April and...
 
Jul 30, 2015
Updated 2 hours 39 minutes ago Three low-lying bridges in Soweto, Johannesburg, have been identified for upgrades as part of a yet-to-be-launched citywide bridge construction and rehabilitation programme. The city-owned Johannesburg Roads Agency (JRA) planned to inject in excess of R100-million to...
Jul 30, 2015
Updated 1 hour 59 minutes ago At least 71% of small and medium-sized enterprises (SMEs) consider load-shedding the biggest external threat to their businesses this year.
Jul 30, 2015
Updated 1 hour 1 minute ago As African economies advance their “aggressive” expansion, boosting demand for financial services products such as pensions, life insurance products and retail investment funds and drawing more consumers into the formal financial sector, traditional assets under...
Jul 30, 2015
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Updated 5 hours ago The Congress of South African Trade Unions (Cosatu) will embark on strike action in the Western Cape in August if its Section 77 Application against Metrorail is not dealt with urgently, it said on Thursday. That means 220 000 members will strike in the Western Cape...
Jul 30, 2015
Updated 1 hour 32 minutes ago Comair-operated low-cost South African airliner kulula.com is preparing to take delivery of the final two of six new Boeing 737-800 aircraft in August and October. With the 2009 order now completed, the end of 2015 would see the more environment-friendly new fleet...
Jul 30, 2015
Updated 2 hours 36 minutes ago Hino has embarked on a strategy to become the number one truck brand in South Africa by 2020, says Hino South Africa (SA) VP Ernie Trautmann. Hino is currently placed third in the market, trailing Mercedes-Benz and Isuzu Trucks.
Jul 30, 2015
Updated 6 hours ago Dual-listed investment holding company Tiso Blackstar is looking to increase its interest in steel pipe supplier Robor to 51%. The company already held a 19.4% stake in Robor and would now buy an additional R29.6-million worth of shares, to be settled through the...
Jul 30, 2015
Tito Mboweni
Updated 1 hour 26 minutes ago Former Reserve Bank Governor Tito Mboweni will join the University of the Witwatersrand (Wits) as an honorary Professor in the School of Economic and Business Sciences, from August 1. He was also recently appointed as nonexecutive director of the Brazil, Russia,...
 
Jul 30, 2015
Updated 50 minutes ago Norwegian shipping liner Wallenius Wilhelmsen Logistics (WWL) has reached a settlement agreement with the Competition Commission for contravening the Competition Act, agreeing to pay an administrative penalty of R95.7-million. This settlement followed the...
Jul 30, 2015
Updated 2 hours 13 minutes ago Western Cape winery Audacia on Thursday launched its sulphite-free white wine made using Honeybush and Rooibos chips, and it is developing a low-sugar, low-alcohol wine. Western Cape Economic Opportunities Minister Alan Winde noted that the products were a boost for...
Jul 30, 2015
The Property Valuation Act – which would see an independent statutory body determining the purchase price of land sought by the State for expropriation – comes into effect on Saturday, August 1, President Jacob Zuma’s office said on Wednesday. “The Act aims to,...
Jul 30, 2015
Updated 1 hour 53 minutes ago Plans to set up the first four-week Operation Phakisa ‘mining laboratory’ to identify and resolve the challenges plaguing South Africa’s mining sector have been given the Cabinet go-ahead. The Operation Phakisa mining lab, which would get under way in October, would...
Jul 30, 2015
Telkom CEO Sipho Maseko
Updated 3 hours ago Group chief executive officer of Telkom, Sipho Maseko, has said smaller fibre providers are placing “relentless pressure” on the company’s wholesale and networks unit. This is according to an excerpt from Maseko’s strategic review in Telkom’s integrated report for...
Jul 30, 2015
Updated 2 hours 39 minutes ago South African property developer Atterbury has widened its European footprint, by investing in a €200-million retail portfolio in Cyprus, which comprised two key retail assets on the island nation. The 27 000 m2 Mall of Cyprus, which formed part of the landmark 55...
Jul 30, 2015
Retail group Edcon has appointed Bernard Brookes as CEO and a member of the board, effective September 30, to succeed departing group head Jurgen Schreiber, who would remain on the board as vice-chairperson to ensure a smooth transition. Offering an extensive 35-year...
Jul 30, 2015
Thabo Mbeki
Updated 4 hours ago One of the major tasks which faced universities was advocacy to convince the political class in Africa that institutions of learning are “indeed situated at the centre of the African development agenda” and therefore need new significant investment to improve their...
 
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