R/€ = 17.05 Change: 0.00
R/$ = 16.34 Change: -0.02
Au 1807.82 $/oz Change: -1.04
Pt 887.00 $/oz Change: 1.00


Hudaco lifts interim profit despite global market challenges

By: Donna Slater     1st July 2022 Branded automotive, industrial and electrical consumable products group of companies Hudaco grew its turnover for the six months ended May 31 by 12% year-on-year to R3.8-billion. Turnover was also 19% higher than pre-Covid-19 levels.  

Company to triple battery, solar energy storage electronics capacity

1st July 2022 Energy technology company General Electric (GE) is tripling manufacturing capacity for its solar and battery energy storage power electronics systems by the end of this year to 9 GW/y, linked to strong growth in backlogs over the past few months and a robust demand outlook. The systems are... 

Commvault and Oracle Partner to Deliver Metallic® Data Management as a Service on Oracle Cloud Infrastructure to Accelerate Enterprise Hybrid Cloud Adoption

30th June 2022 OCI coupled with Metallic data management as a service (DMaaS) enables enterprise customers to protect and secure their data against threats, adhere to local data residency laws, and ease data management and recovery.  Commvault, a global enterprise leader in intelligent data services across... 

Operation Vulindlela making progress in driving priority structural reforms  

By: Marleny Arnoldi     21st June 2022 The Presidency’s Operation Vulindlela (OV) has made markable process on accelerating implementation of priority structural reforms since its establishment in October 2020. Presidency project management office head Rudi Dicks addressed delegates during the Manufacturing Indaba, held in Sandton on... 

Transnet to issue locomotive tender in July to address crippling port and rail backlog

By: News24Wire      21st June 2022 In a bid to improve on its operational performance, clear logistic backlogs, and claw itself out of its financial predicament, Transnet has confirmed that it will issue a tender for the procurement of new locomotives next month. This comes after Transnet Group CEO Portia Derby told Business Day... 

Impact of disruptive weather on supply chain requires mitigation

By: Tasneem Bulbulia     21st June 2022 Weather conditions in KwaZulu-Natal in April disrupted the entire supply chain, and while this is slowly being restored to normality, there are considerably direct and consequential costs to the region and country, and a full recovery will take much time, law firm Bowmans ports, transport and... 

May marks a good month for automotive exports, says terminal

By: Marleny Arnoldi     15th June 2022 The East London Terminal recorded a 67% increase in container volumes at the end of May. The terminal originally budgeted for the handling of 3 058 twenty-foot-equivalent units (TEUs) but ended up moving 5 131 TEUs. 

South African agriculture again recorded growth in the first quarter, but trend is slowing

By: Rebecca Campbell     15th June 2022 The Bureau for Food and Agricultural Policy (BFAP) has highlighted the continuing economic growth of the South African agricultural sector during the first quarter of this year (Q1 2022) but has warned that this growth was expected to decelerate “drastically” over the course of this year. In... 

Gordhan gives Transnet a pat on the back for progress made on repairs in KZN

By: Darren Parker     14th June 2022 Public Enterprises Minister Pravin Gordhan has commended State-owned Transnet on what he called “significant progress” in the undertaking of repairs to operational areas damaged by the April floods in KwaZulu-Natal, which were declared a national disaster by President Cyril Ramaphosa. The repair... 

Cisco Security Cloud to provide end-to-end cybersecurity for ecosystems

By: Schalk Burger     14th June 2022 Networking, cloud and cybersecurity multinational Cisco has launched its Cisco Security Cloud, which aims to provide end-to-end cybersecurity visibility and defence for business ecosystems, in the Europe, Middle East, Africa & Russia (EMEAR) region, said Cisco EMEAR head of technology Gordon... 

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