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Sep 01, 2014
Bidvest CEO Brian Joffe
   
Appraising a financial year characterised by an “increasingly disruptive” strike-hit fourth quarter, service, trading and distribution company Bidvest CEO Brian Joffe has described the company’s overall results as “satisfactory”, buoyed somewhat by a strong...
 
Sep 01, 2014
Wilson Bayly Holmes-Ovcon (WBHO) had delivered “a reasonable performance” for the financial year ended June 30, said CEO Louwtjie Nel on Monday. “We are getting through this tough period. It hasn’t really improved much over the past two, three years, even...
Sep 01, 2014
Statistics released by the Department of Trade and Industry on Monday, showed that August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37...
Sep 02, 2014
Updated 59 minutes ago Rhodes Food Group Holdings, a South African manufacturer of frozen food and prepared meals, said on Monday it planned to raise R600-million ($56-million) through a listing in Johannesburg. Rhodes, which supplies major retailers such as Pick n Pay and Shoprite with...
Sep 01, 2014
The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) rose by 3.1 index points to 49 in August, signalling a return to more normal manufacturing output levels following months of production disruptions owing to industrial action in the platinum mining and...
Sep 01, 2014
Dr Siyabonga Cwele
As South Africa entered the “spring” of its ambitious South Africa (SA) Connect broadband strategy, Telecommunications and Postal Services Minister Dr Siyabonga Cwele on Monday assured stakeholders that South Africa’s information and communication technology...
Sep 01, 2014
The Independent Communications Authority of South Africa (Icasa) on Monday called for comment on a new roadmap aimed to promote investments, enable a “vibrant and competitive” telecommunications industry and ensure universal broadband access. Stakeholders would...
Sep 01, 2014
Sep 01, 2014
E-tolls in Gauteng will cripple South Africa's economy, the Justice Project South Africa (JPSA) said on Monday. "This will cripple the economy of Gauteng and indeed South Africa as a whole," JPSA chairperson Howard Dembovsky told public hearings in Midrand on the...
 
Sep 01, 2014
Government, in conjunction with industry clusters had to encourage preferential procurement in the mining industry, Department of Trade and Industry (DTI) capital equipment and allied services director Tapiwa Samanga has said. In a statement issued on Monday, he...
Sep 01, 2014
South African utility Eskom said on Monday that a report in a business newspaper that power supply would be "highly constrained" for the next five years was a "worst-case scenario." "It would not be correct to say categorically that it would take five years. That is...
Sep 01, 2014
Telkom CEO Sipho Maseko
As telecommunications group Telkom continued the turnaround that raised its share price from R11 a few years ago to the current R55 a share, the previously beleaguered group aimed to play a significant role in the provision of broadband to all South Africans....
Sep 01, 2014
The 14 350 km Sat-3/Wasc/Safe cable system connecting Europe to the west coast of Africa has been successfully upgraded, doubling the system capacity. The fourth upgrade, undertaken by Alcatel-Lucent and the Sat-3/Wasc/Safe consortium, which includes Telkom, had seen...
Sep 01, 2014
Several rural communities are facing severe water contamination, the DA said on Monday after it conducted a probe into water quality in four provinces. "The vast majority of South Africans are receiving clean and reliable water, but there are problems and they appear...
Sep 01, 2014
Reiterating that the economy would remain the country’s apex priority over the next five years, President Jacob Zuma at the weekend urged South African ambassadors and high commissioners stationed abroad to prepare themselves for “vigorous” marketing and trade...
Sep 01, 2014
The M4 SUV
Great Wall Motors South Africa (GWM SA) has dropped the price on many of its vehicles by between R5 000 and R30 000. COO Warren Olson says this move is not linked to declining sales at the Chinese importer, but rather Super Group taking a controlling interest in the...
Sep 01, 2014
In its first appointment of a female to head up the continent’s biggest and busiest airport, Airports Company South Africa (ACSA) has named Bongiwe Pityi as the new GM of OR Tambo International Airport, with effect from September 1. An attorney of the High Court of...
 
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