R/€ = 16.42 Change: 0.08
R/$ = 13.98 Change: 0.07
Au 1282.34 $/oz Change: -0.06
Pt 935.00 $/oz Change: -0.50


Global airline safety improves, but African record still a concern

By: Martin Zhuwakinyu     18th June 2012 The overall safety situation in the civil aviation industry has shown marked improvement in the last few years, thanks to interventions by organisations like the International Air Transport Association (Iata) and other stakeholders. Last year, the number of accidents globally involving aircraft... 

EU emissions trading scheme a ‘polarising obstacle’ – Iata CEO

By: Martin Zhuwakinyu     12th June 2012 The European Union’s (EU's) extraterritorial Emissions Trading Scheme (ETS) could be a polarising obstacle to efforts to cut global civil aviation emissions to 320-million tons by 2050 – about half the 2005 levels. “To meet our ambitious targets, we will, at least initially . . . need globally... 

Iata CEO slams excessive taxes, flags eurozone as biggest risk to profits

By: Martin Zhuwakinyu     11th June 2012 Despite the many challenges facing civil aviation, including declining profits since a peak of $15.8-billion in 2010, the International Association of Air Transport (Iata) is upbeat on the industry, predicting a doubling in passenger numbers to 5.9-billion in 2030, with cargo volumes increasing... 

Sassda joins global centenary celebration

By: Yolandi Booyens     1st June 2012 To mark the global celebration of the 100 years since stainless steel was first produced, the Southern Africa Stainless Steel Development Association (Sassda) has themed its Stainless Steel Awards for 2012 ‘A century of innovation’. 

Company Announcement: Volkswagen receives international recognition for its Health and Wellness programme

     15th May 2012 Volkswagen Group South Africa has been recognised by the Global Business Coalition on Health at its annual conference in New York for its outstanding work in the category - Workplace/Workforce Engagement with the designation “Commended Company”. 

China, eurozone woes fuel risk aversion

By: Reuters     16th April 2012 Commodities slid on Monday, with copper hitting fresh three-month lows and oil and grains also in the red, as worries about the global economy from China to Europe pushed investors out of risky assets. Gold, otherwise a safe haven, fell too, as the dollar strengthened with rising Spanish bond... 

Weak China GDP growth no signal for fresh stimulus

By: Reuters     13th April 2012 Speculation that China's weakest quarter of annual economic growth since the global financial crisis will trigger a flood of policy support to fight the downturn misses a crucial point - the taps are already turned on. The annual rate of GDP growth in the first quarter slowed to 8.1% from 8.9%... 

The oil price roller coaster

By: Jeremy Wakeford     13th April 2012 In March, the price of petrol in Gauteng breached R11/l, breaking the previous record-high nominal price of R10.50/l set in July 2008. At R10.37, the wholesale price of diesel is still below the high of R11.43/l recorded four years ago.  

Finland one of the top countries in clean water

By: Karel Smrcka     6th April 2012 The scarcity of water is growing into an ever bigger problem, and new sustainable solutions for securing water supplies and for more effective water use these days are more precious than gold, says explains Mona Arnold, heads of Finland-based Green Solutions for Water and Waste (GWW). 

BHP keeps investing in iron-ore despite Chinese slowdown

By: Esmarie Swanepoel     20th March 2012 Mining giant BHP Billiton said on Tuesday that it had no intention of scaling back its iron-ore expansion plans, despite a slow-down in China’s growth rates. BHP president for iron-ore, Ian Ashby, told reporters on the sidelines of the Global Iron and Steel Conference, in Perth, that there was a... 

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