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Oct 17, 2014
Real Economy News
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It is second time lucky for Toby Venter. Ten years ago he negotiated to buy the Kyalami racetrack, but “the deal did not materialise”.
In his concluding remarks during the release the latest World Economic Outlook (WEO), International Monetary Fund (IMF) chief economist Olivier Blanchard argued that the challenge for national policymakers was to “re-establish confidence, through a clear plan to deal...
 


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The broad-based black economic-empowerment (BBBEE) alignment process in the con-struction sector has begun, dur-ing which the sector codes of the Construction Sector Charter Council (CSCC) will be aligned with the revised Codes of Good Practice (CoGP), which come...
It is second time lucky for Toby Venter. Ten years ago he negotiated to buy the Kyalami racetrack, but “the deal did not materialise”.
Environmental solutions company I-Cat started construction work on its R22-million, 1 949 m2 environmentally sustainable office and warehouse facility, commissioned by I-CAT Environmental Solutions, at a launch event in October. The new sustainable I-CAT campus,...
IAN EVANS AirWatch file synchronisation and sharing system was initially designed for a large airline company
Effective file synchronisation and sharing across an organisation’s structures can provide the basis for robust mobile-device and document management while maintaining proper backup, version control and content distribution. These are the lessons learned by complex...
Hotel group Carlson Rezidor currently holds the largest hotel pipeline in Africa with 30 hotels and 6 300 rooms under development. The hotel group develops and operates Radisson Blu in the upper upscale segment and Park Inn by Radisson in the mid-market segment. With...
There is a significant shortage of accommodation for students studying at universities in Gauteng, but the Student Accommodation Fund, a new programme by the Gauteng Partnership Fund (GPF), aims to provide more accommodation through project funding.
Italian capital goods company CNH Industrial has announced the upcoming inauguration of its first assembly plant in South Africa. The announcement was made by newly appointed CNH Industrial Southern Africa senior VP Mario Gasparri.
The Johannesburg Road Agency’s (JRA’s) Find & Fix mobile application (app) received top honours at the Microsoft Partner Network Awards 2014 held at the Inanda Club, in Sandton, in Johannesburg on October 2.
 
Deteriorating economic cycles in the manufacturing and construction industries has seen the Accéntuate group report an 8.4% drop in revenue for the year ended June 30 compared with the previous financial year, to R308-million. Profit for the year was 42% lower, at...
Volvo Group Southern Africa has announced the appointment of a new MD for Volvo Trucks and Renault Trucks Southern Africa.  Christian Coolsaet, a Belgian national, will take up his new position with immediate effect, looking after the Volvo Trucks and Renault Trucks...
 
 
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The Mars rover, Curiosity, has just completed two years on the surface of that planet.  All is going well. The very fancy device has found water in the sand that was thought to be dry. In fact, about 1 l of water for about 30 l of sand, so there is a lot.
Political analyst Aubrey Matshiqi
The elective national conference of the African National Congress (ANC) is still three years away but, if the deliberations at the Gauteng provincial conference of the ruling party are anything to go by, the first salvos in the political and leadership battles have...
I was wandering around the Congo (Congo Brazzaville, for anybody knowing the difference) the other day and a few things caught my attention, the most compelling of which was the currency, which is the Central African Franc CFA). It trades at about 50 CFA to R1, or...
In 2012, the Revenue Package was developed by the World Customs Organisation (WCO) in response to WCO members' concerns about falling revenue returns in the light of the global financial crisis and declining duty rates. The second phase of the WCO Revenue Package is...
 
 
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Main Activity of the Company: Akhani Group was established when Mine Procurement Solutions (MPS) and Vhaselwa Engineering & Management Consulting (VEM) merged. MPS specialises in customised infrastructure design, development and management for remote workforce and...
In the context of a chronically weak manufacturing environment, news that Nampak Glass had invested R1.2-billion in a third furnace at its Germiston facility was quite uplifting. Pictured above are Trade and Industry Minister Dr Rob Davies and Nampak CEO André de...
ZNL Bearings is an importer and distributor of industrial bearings, manufactured by India-based Precision Bearings. Its range of products included taper roller bearings in all metric, imperial and double row sizes; spherical roller bearings for heavy and high-speed...
Finance Minister Nhlanhla Nene will have his task cut out for him when he presents the Medium-Term Budget Policy Statement on October 22. It’s going to be a tall order indeed to align rising fiscal demands and weak revenue flows without proposing new tax increases.
 
 
 
 
 
 
 
 
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