Oil Price
Oil
Gulf Opec oil producers will not trim output
Gulf Arab Organisation of the Petroleum Exporting Countries (Opec) oil producers do not see the need to change production levels to support crude prices, OPEC delegates said after benchmark Brent touched nine-month lows on Friday. A sell-off in...By: Reuters
15 Apr 13
TechTrack - Dr Kelvin Kemm
Strategy development essential for the success of companies
I develop business strategies for companies. It is really important to have some sort of strategy in place. There is universal agreement on that point.By: Kelvin Kemm
22 Mar 13
FUEL LEVY
Gordhan explains fuel hike
The weaker rand and the high price of oil played a role in the increasing of fuel prices, Finance Minister Pravin Gordhan said on Thursday. "Oil is extraordinarily high," he said at a televised New Age breakfast briefing.By: Sapa
28 Feb 13
Chemicals
Sasol’s impact on local business ‘cannot be underestimated’ says financial services firm
While JSE-listed energy and chemicals group Sasol is a significant competitor in the global market – owing to its established international operations – the petrochemicals giant’s impact on local suppliers, developing markets and new...AUTO INDUSTRY
Still more in the new-car market tank, dealers argue
The South African new vehicle market can grow by another 5% next year, adding to the expected 10% to be recorded in 2012, says National Automobile Dealers Association chairperson Derik Scorer. “The new car industry looks good.” He notes that a...By: Irma Venter
19 Oct 12
AUTO INDUSTRY
SA new vehicle market predicted to grow further in 2013
The South African new vehicle market could grow by another 5% next year, adding to the expected 10% to be recorded in 2012, said National Automobile Dealers Association chairperson Derik Scorer. “The new car industry looks good.” Speaking at...By: Irma Venter
27 Sep 12
ENERGY & CHEMICALS
Sasol looks to build ‘Secunda-scale’ complex in Louisiana
South African energy and chemicals producer Sasol is gearing up for a $20-billion, multiproject investment into North America over the coming years, which could result in the development of a $14-billion Secunda-type complex in the southern US...By: Terence Creamer
21 Sep 12
ENERGY & CHEMICALS
Sasol looks to build $14bn ‘Secunda-scale’ complex in Louisiana
South African energy and chemicals producer Sasol is gearing up for a $20-billion, multiproject investment into North America over the coming years, which could result in the development of a $14-billion Secunda-type complex in the southern US...
By: Terence Creamer
10 Sep 12
ECONOMIC OUTLOOK
Despite economic weakness, current commodity slump ‘disproportionate’
Recent sharp falls in commodity prices are “disproportionately” large when compared with prevailing weaknesses in the global economy and a number of prices are, thus, likely to recover during the second half of 2012, Absa Capital economist...By: Terence Creamer
27 Jun 12
AIR TRANSPORT
Iata CEO slams excessive taxes, flags eurozone as biggest risk to profits
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...11 Jun 12
MANUFACTURING
PMI declines for second month, demand still robust
South Africa’s seasonally adjusted Purchasing Managers Index (PMI) declined for a second month in April to 54.7 points, but still reflected robust demand for factory goods, sponsor Kagiso Asset Management said on Wednesday. The Kagiso PMI...02 May 12
Energy Matters - Jeremy Wakeford
The oil price roller coaster
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.By: Jeremy Wakeford
13 Apr 12
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