The sugar and property giant is the largest employer on the lower North Coast and one of the largest in the province.
The group’s diversification strategy is expected to continue supporting sales growth.
One would get a much better idea of the value of the rand by measuring how international investors perceive emerging markets as a whole, but this is difficult to do.
One of the themes this year will highlight intra-African trade.
The PIC’s bid may be in jeopardy following charges of corruption involving the alleged lover of a member of the PIC board.
June 18 has been confirmed as sale date for two mines and the Richards Bay coal terminal.

Business News Comair CEO Erik Venter resigns

Venter is only the fifth chief executive in the company’s 73-year history.

Business News Transnet, CMI Emtateni terminate controversial R4.2bn Durban port expansion contract

Allegations in O’Sullivan and Sarah-Jane Trent’s report centred around issues of fraud, BEE fronting and collusion between the Transnet employees and suppliers.

Business News African Bank launches new transactional banking service

The company says its research revealed that people would like to save together with their family, friends, and their community, and as individuals.

Business News SA central bank to keep repo rate unchanged and monitor inflation – economists

Reserve Bank Governor Lesetja Kganyago is set to announce the policy decision at a news conference on Thursday afternoon.

Business News De Beers says rough diamond sales down amid macroeconomic uncertainty

The company specialises in diamond exploration, mining, retail, trading, and industrial diamond manufacturing sectors.

Business News Rhodes Food interim operating profit rises 6% to R173 million

The Western Cape-based firm says headline earnings increased by 2.1% to R84 million.

Business News MMI Holdings making good progress with growth strategy

Diluted normalised headline earnings per share increased by 26 percent, compared with the prior period, marginally better than expectations.

Business Huawei founder says US underestimates company

Huawei founder Ren Zhengfei on Tuesday shrugged off US attempts to block his company’s global ambitions.

Business IMF aid programmes mostly help but need fine-tuning – report

SA may still have to turn to the IMF and World Bank for bailouts in the future, so it’s encouraging that it may actually help.

Business Gold mining is far from dead in SA

Amid a fresh round of predictions that the sector is on its last legs, but the figures show otherwise.

Protests Underground sit-in by NUM members at Chinese-owned mine enters third day

The National Union of Mineworkers (NUM) said on Monday it was outraged that China Precious Metal Company (CAPM) had allegedly refused to listen to workers’ demands.

Business News Anglo American Platinum fires 50% of underground workers at Mototolo mine

In a statement, the company says the impact on production has been minimal thus far.

Business News Sibanye-Stillwater says increased offer for Lonmin takeover is final

The mining group says it has noted media press speculation regarding the terms of the deal.

Business News Big business goes green as Radebe admits Eskom can’t meet capacity requirements

Companies are realising they can’t rely on Eskom and are consider alternative power sources to ensure business continuity.



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