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May 03, 2016
Darryll Castle
   
Updated 2 hours 59 minutes ago The medium-term game plan of African cement producer PPC is to find new resources, which will probably require it to engage in some form of exploration close to where urban development is expected in Africa. Over time, the resources side of the business is expected...
 
May 03, 2016
Updated 4 hours ago While the International Monetary Fund (IMF) expects South Africa’s growth to halve to just 0.6% in 2016, growth in other oil-importing countries across sub-Saharan Africa is projected to remain relatively resilient at 5.2%. Nevertheless, the IMF is forecasting a...
May 03, 2016
Updated 3 hours ago The Airlines Association of Southern Africa (AASA) believes that the swift resolution of the issues that led to the temporary grounding of South African State-owned regional airline SA Express show that the industry and the aviation regulator can work swiftly and...
May 03, 2016
Updated 3 hours ago The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) improved to 54.9 in April, its highest level since August 2013. This was compared with the 50.5 points registered in March and much higher than market consensus of 50.2.
May 03, 2016
Updated 20 minutes ago South Africa's new vehicle sales fell by 9.2% year-on-year to 40 390 units in April, data from the trade and industry department showed on Tuesday. Exports rose 31.5% to 31 028 units compared with the same month last year, the department said.
May 03, 2016
Updated 3 hours ago A turnaround plan for JSE-listed Distribution and Warehousing Network (Dawn) has been hampered during the year ended March 31, amid a slowdown in government infrastructure spending, difficult trading conditions, currency losses and lossmaking and noncore...
May 03, 2016
Mandi Glad
Updated 15 minutes ago A R42.5-million claim brought against coal mining company Keaton Mining by opencast mining services company Megacube Mining has been dismissed with costs. The JSE-listed Keaton said in a Stock Exchange News Service announcement on Tuesday that Megacube would also be...
May 02, 2016
Transnet announced on Monday the implementation of a series of governance, control and monitoring measures to ensure the Original Equipment Manufacturers (OEMs) meet the company’s stringent localisation obligations and supplier development commitments. Transnet...
May 03, 2016
Updated 5 hours ago Oil prices fell about 3% on Monday as production from the Organization of the Petroleum Exporting Countries (Opec) neared all-time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized rally. OPEC's crude...
 
Apr 29, 2016
South Africa's trade balance swung to a R2.92-billion ($206.10million) surplus in March from a revised R1.27-billion deficit in February, the national revenue agency said on Friday. Exports were up by 6.3% to R96.13-billion on a month-on-month basis, while imports...
May 03, 2016
Updated 3 hours ago Figures from the National Association of Automobile Manufacturers of South Africa show that 617 749 new vehicles were sold in South Africa in 2015, marking a decline of 4% on the sales recorded in 2014 and representing the second consecutive year of decline for this...
May 02, 2016
South African Civil Aviation Authority (SACAA) on Sunday said it had lifted the suspension of SA Express’ Air Operator Certificate (AOC). “This means that the airline may, with immediate effect, resume operating their fleet of 26 aircraft,” said SACAA in a statement.
May 02, 2016
US Democratic presidential front-runner Hillary Clinton on Monday began a two-day tour through rural, traditionally coal-reliant parts of the eastern Appalachian region, where Republican rival Donald Trump's pro-coal, anti-trade message has resonated with...
Apr 29, 2016
Environmental Affairs Minister Edna Molewa
Cabinet has extended the contract of Department of Environmental Affairs (DEA) director-general Nosipho Ngcaba and approved the appointment of Limpho Makotoko as the new DEA COO.     “Under the leadership of Ngcaba, the DEA has consistently received clean and...
Apr 29, 2016
Mzwandile Masina
The Department of Trade and Industry (DTI) has invited companies to participate in a trade and investment mission to Ghana and Nigeria from August 8 to 12.   Companies in the agriculture and agroprocessing sectors, built environment professionals, automotive and...
Apr 29, 2016
Cabinet has approved the Industrial Policy Action Plan (Ipap) 2016/17 to 2018/19, which seeks to achieve a higher-impact industrial policy in difficult economic circumstances, including the difficulties faced by the domestic steel industry and the drought which has...
Apr 29, 2016
Multinational brewing and beverage company AB InBev has submitted an updated package of commitments to the European Commission (EC) in which it has offered to divest the entirety of JSE-listed SABMiller’s businesses in central and eastern Europe. This was in addition...
 
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