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Updated 9 minutes ago Africa's largest steelmaker ArcelorMittal South Africa said on Friday its half-year losses widened amid lower international demand and a weak economy in its home market. Its headline loss per share rose to nearly 25 cents per share for the six months ended 30 June...
Former PRASA CEO Lucky Montana
Updated 55 minutes ago Former Passenger Rail Agency of South Africa (PRASA) boss Lucky Montana on Thursday laid fraud charges against two executives and a board member of the state-owned company, as well as two directors of a private security company. The charges were laid at the Hillbrow...
Updated 1 hour 13 minutes ago Daimler truck test engineer Dirk Stranz pushes one button and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.” It is unsettling to see the steering wheel move unaided as the truck gently...
Mark Cutifani
In a hard-hitting address, Anglo American CEO Mark Cutifani lamented the decline in the competitiveness of South Africa's mining industry and warned that the “trust deficit” between government, the industry and labour would need to be urgently overcome if the country...
British multinational banking and financial services firm Barclays has partnered with the Bureau for Economic Research (BER) at Stellenbosch University to sponsor the monthly manufacturing economic indicator, the Purchasing Managers’ Index (PMI). The index, now known...
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...
 
 
 
 
 
 
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