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May 28, 2015
DTI deputy director-general Garth Strachan
   
Updated 7 hours ago A senior Department of Trade and Industry (DTI) official has admitted that the roll-out of South Africa’s industrial policy has, to date, been “suboptimal”, partly owing to a lack of coordination within government on key elements of the policy, including local...
 
May 28, 2015
Seifsa chief economist Henk Langenhoven
Updated 4 hours ago The level of intermediate inputs imported by South Africa’s metals and engineering sector has risen strongly from around 22% 20 years ago to over 35% currently, Steel and Engineering Industries Federation of Southern Africa (Seifsa) research shows. Speaking at the...
May 28, 2015
MBSA CEO Arno van der Merwe
Updated 5 hours ago The Mercedes-Benz South Africa (MBSA) plant, in East London, on Thursday saw its one-millionth passenger car, a white C200 C-Class model, roll off the assembly line. The first Mercedes-Benz passenger car produced in South Africa was a W121 Nap Vista Blue...
May 28, 2015
Updated 7 hours ago The impact of legacy lossmaking contracts remain reflected in the results of civil engineering and construction group Esor, shrinking revenue by 9.1% to R1.45-billion for the year ended February 28, 2015. The group’s financial perfomance had been further impacted by...
May 28, 2015
Updated 4 hours ago The Construction Industry Development Board (CIDB) would, within the next six weeks, form a task team to develop frameworks for encouraging local construction companies to enter Africa’s developing markets and to seek further growth through the possible establishment...
May 28, 2015
Updated 4 hours ago Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium’s business rescue practitioners (BRPs) have appointed nonexecutive director Andrew Phillip Maralack acting CFO of the company, with immediate effect. Maralack was a qualified...
May 28, 2015
European manufacturer Airbus is confident that it will win more orders for its flagship A380 Superjumbo airliner before the end of this year. "We should have some orders for the [A]380 this year," company chief operating officer: customers John Leahy told aviation...
May 28, 2015
Airbus A350XWB
Updated 4 hours ago Airliner manufacturer Airbus continues to seek to improve its production efficiency. This was highlighted to aviation journalists from around the world on Thursday at Airbus' Innovation Day 2015 by company COO Tom Williams. "The main issue for us is commitments," he...
May 28, 2015
Updated 5 hours ago The Portfolio Committee on Mineral Resources on Thursday said it needed a comprehensive report, as well as insight into the relevant legislation, regarding hydraulic fracturing, or fracking, in South Africa. “This information will empower us to understand all the...
 
May 28, 2015
Updated 2 hours 42 minutes ago Irish Foreign Affairs and Trade Minister Charles Flanagan told media on Thursday that Ireland was well positioned to play a greater role in Africa, particularly in the aviation, pharmaceuticals and agricultural industries. Flanagan was this week leading a high-level...
May 28, 2015
Updated 7 hours ago The development of a clear climate framework and a global emissions target is essential if the $48-trillion to $53-trillion required for a new sustainable energy infrastructure is to be delivered, a new World Energy Council (WEC) report has stated. The World Energy...
May 28, 2015
Updated 7 hours ago A survey on the 2014 performance of the South African plastics industry has shown that 1.4-million tons of plastics from domestic production and imported materials were converted over the year, remaining flat on volumes seen in the prior year. The results, released...
May 28, 2015
Updated 5 hours ago A clash of ideology between Sanral and the Democratic Alliance (DA) about the Winelands toll road project gained steam on Thursday when the two bodies argued over the impact it would have on the agriculture sector in the Western Cape. “Once again, the DA got it plain...
May 28, 2015
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PetroSA CEO Nosizwe Nokwe-Macamo
State-owned oil company PetroSA has placed its top three executives‚ including the CEO‚ on gardening leave due to poor performance‚ Business Day reported. The three – CEO Nosizwe Nokwe-Macamo‚ CFO Lindiwe Mthimunye-Bakoro and acting VP of upstream operations Andrew...
May 28, 2015
Norman Mbazima (left) and Andile Sangqu
Andile Sangqu, former Xstrata and current Impala Platinum executive and new VP of the Chamber of Mines of South Africa, has sprung to further prominence as the new executive head of Anglo American South Africa. Anglo American plc also announced on Thursday that...
May 28, 2015
Updated 3 hours ago Upcoming projects, including the Suez Canal expansion, in Egypt, afforded South Africa opportunities to invest in that country, further boosting trade relations between the two States, Small Business Development Deputy Minister Elizabeth Thabethe said at a business...
May 28, 2015
Updated 5 hours ago Police Minister Nathi Nhleko says that the firepool‚ amphitheatre‚ kraal‚ chicken run and visitor's centre at the president's Nkandla home are all security features and Jacob Zuma is not liable for any costs associated with them. In summarising his 51-page...
 
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