R/€ = 20.78 Change: 0.01
R/$ = 17.63 Change: 0.00
Au 2034.31 $/oz Change: -26.60
Pt 960.81 $/oz Change: -11.76


Pandemic highlights role of digital readiness in mitigating supply-chain risks

By: Schalk Burger     1st May 2020 Covid-19 is disrupting economic and social life, but it is occurring in a time of rapid digitalisation, which, in turn, is helping governments, businesses and consumers in their decision-making to respond and adapt to the situation. However, differences in digital readiness hamper the ability of... 

Eskom says all repurposing options on table for Komati, Hendrina and Grootvlei 

By: Terence Creamer     28th April 2020 State-owned power utility Eskom insists that all options are on the table as it considers proposals for the repurposing of three coal-fired power stations – Komati, Hendrina and Grootvlei – that are scheduled to cease producing electricity between 2022 and 2026. The utility issued an expression... 

Covid-19 a wake-up call on import overdependence – Madala

By: Martin Creamer     10th April 2020 The outbreak of Covid-19 internationally should be a wake-up call on the impact of South Africa’s dependency on imported products, Madala & Associates CEO Dilley Naidoo said on Friday. He urged that policies parallel to what was being implemented in the automotive sector should be prioritised in... 

BI optimises supply-chain management over its 42-branch network

1st April 2020 Leading supplier Bearings International (BI), part of the Hudaco Group, has embarked on a process to engage more with the group companies so as to unlock synergies in terms of solutions for its diverse client base. With a 42-branch network across South Africa, BI’s complex supply chain commences... 

DTI effects regulations for healthcare sector, retailers in light of Covid-19

By: Tasneem Bulbulia     20th March 2020 Trade and Industry Minister Ebrahim Patel, after consultation with the Competition Commission, and in terms of the Competition Act, has published regulations for Covid-19 exemption for the healthcare sector. The regulations will come into effect on the date of publication in the Government Gazette. 

Globalisation faces a bend-but-won’t-break crisis on coronavirus

By: Bloomberg     6th March 2020 Globalisation is going through its biggest stress test since the 2008 global financial crisis and its aftermath. But if you want to understand why the forces of economic integration may be more resilient than many think, consider the centerpiece of a fancy new kitchen. When executives from... 

Rio's free cash flow up by 31% in 2019

By: Esmarie Iannucci     26th February 2020 Higher iron-ore prices has helped to drive a 31% increase in free cash flows for diversified miner Rio Tinto during the 2019 financial year, compared with 2018. The miner on Wednesday announced that free cash flow for the full 2019 reached $9.1-billion, up from the $6.9-billion reported in 2018,... 

Election in UK brings some certainty, but Brexit deal remains concerning, says Parsons

By: Marleny Arnoldi     13th December 2019 North West University business school economist Professor Raymond Parsons says the now re-elected Conservative Party government in the UK provides a strong political mandate to pass the necessary legislation in time to leave the European Union (EU) formally on January 31. Britain will then move... 

A-Gas South Africa champions refrigerant recovery and reclamation

27th August 2019 A-Gas South Africa, a leader in the supply and lifecycle management of speciality chemicals, is taking the lead in preventing the venting of refrigerants into the atmosphere, which not only damages the ozone layer, but contributes to global warming. The company is achieving this through its... 

Omnia to restructure as it seeks to reduce overextended balance sheet 

By: Schalk Burger     25th June 2019 Diversified chemicals group Omnia will, over the next two years, focus on improving the profit margins of its companies’ services and products, ensuring that its assets and investments deliver value, as well as on pursuing international expansion of intellectual property-based businesses that... 

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