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May 05, 2016
David Hughes
   
In a bruised domestic market scrambling for volume, Mazda Southern Africa is having a Zen moment. Mazda sales in South Africa reached 9 066 units in 2015, almost double the 4 939 units sold in 2014 – this in a new-vehicle market that dipped 4.2% last year compared...
 
May 05, 2016
From Coega to Tanzania
FAW Vehicle Manufacturers South Africa (FAW SA) has seen a steady increase in sales and exports, following the opening of its Eastern Cape truck assembly plant in 2014. To date, FAW SA has recorded exports of 90 trucks. To be more specific, exports in the first four...
May 05, 2016
Former Denel CEO Riaz Salojee
Denel’s board said Finance Minister Pravin Gordhan’s accusation that the board and executives are “arrogant and belligerent … are unsubstantiated, baseless and unfounded”. Gordhan made the accusation during his Treasury budget debate in Parliament on Wednesday. This...
May 05, 2016
South African National Roads Agency Limited CEO Nazir Alli on Wednesday said the backlog of maintenance and road networks was sitting at R197-billion, up from R149-billion in 2010. Alli was addressing the business sector at the Beverly Hills Hotel in Umhlanga. He...
May 05, 2016
It takes a coherent company to successfully and sustainably close the gap between strategy and execution in Africa, and one of the key factors in doing so is unconventional leadership, which is needed to foster the behavior required of coherent companies, according...
May 05, 2016
South Africa's competition watchdog will ask for another extension to scrutinise Anheuser-Busch InBev's planned $106-billion takeover of SABMiller, its spokesman said on Thursday. The watchdog was due to finish its investigation on Thursday, after it was granted a...
May 05, 2016
JSE-listed Bidvest is expecting good results from its foodservice business for the financial year to June 30. In a management update on Thursday, the company said trading remained positive and activity levels across all markets were buoyant and that its foodservice...
May 05, 2016
Redefine Properties CEO Andrew Konig
Despite the headwinds facing the South African economy and ongoing political uncertainty, real estate investment trust Redefine Properties delivered a “robust performance” in the first half of the financial year, with a distribution of 41.7c for the six months to...
May 05, 2016
Equites CEO Andrea Taverna-Turisan
JSE-listed Equites Property Fund achieved an 18.3% year-on-year increase in distributions to 96.6c a share for the year ended February 29. “The distribution growth reflects the strong property fundamentals of the Equites logistics portfolio,” Equites CEO Andrea...
 
May 05, 2016
Emira CEO Geoff Jennett
The JSE-listed Emira Property Fund has invested over R250-million in acquiring new centres and upgrading its shopping centres to strengthen its retail assets, according to Emira CEO Geoff Jennett, who stated on Thursday that the company was investing strategically....
May 05, 2016
Regulation is increasingly becoming a critical factor when investors mull opportunities for investment in the digital economy and South Africa would do well to take a watered down approach when pursuing new rules for Internet businesses. A new report by Silicon...
May 05, 2016
Jan du Plessis
While South African-born Rio Tinto chairperson Jan du Plessis was vowing not to expand Rio’s iron-ore division beyond 360-million tonnes a year, the globally perceived over-producer of iron-ore was outlining the steps it had taken to cut near-term maturing gross debt...
May 05, 2016
Science and Technology Minister Naledi Pandor
South African Minister of Science and Technology Naledi Pandor launched three new chairs within the South African Research Chairs Initiative (SARChI) as part of the South Africa and United Kingdom (UK) bilateral research chair initiative. Pandor said that the...
May 05, 2016
Mark Barnes
Less than one percent of staff stayed away from work on the first day of a strike by members of the Communication Workers Union (CWU), the SA Post Office said on Thursday. CEO Mark Barnes said it was “business as usual” as the first day of the strike had had a...
May 05, 2016
Global air freight volumes saw a 2% year-on-year drop in March, reflecting subdued growth in world trade, according to demand growth data released by the International Air Transport Association (Iata). This decline was exaggerated by the quarter’s comparison with a...
May 05, 2016
Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and...
May 05, 2016
 
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