Business
24.8.2018 11:12 am
SA Companies to expand into South America
South African companies are expected to participate in an outward selling mission in the capital Lima next month
Minister of trade and industry Rob Davies said on Friday that South African companies would try to penetrate the Latin American market and explore trade and investment opportunities in Peru.
SA Companies to expand into South America
South African companies are expected to participate in an outward selling mission in the capital Lima next month
Business
SA Reserve Bank’s ‘independence must be jealously guarded’
Calls for the bank’s nationalisation ‘creates a bad narrative that are anti-business and anti-investment, and gives an impression of bad governance.’
Business
Inflation increased for the third successive month, rises to 5.1%
Stats SA says this month’s figure is the highest annual inflation rate since September 2017.
Business
Prepare for the future
The next generation of communications tech, 5G, will slot neatly into the roadmap.
Business
ProudlySA launches online shopping platform for exclusive local products
ProudlySA would vet and verify local content and quality to ensure that all the vendor companies adhere to labour and environmental legislation.
Business
Shoprite turnover up 3.1% in year to July
The company said its core South African supermarket operations increased turnover by 5.7%.
Business
We might have destroyed black businesses by not paying within 30 days – Mamabolo
The MEC says he gets worried if the money does not reach the contractors, big or small as is seemingly the case.
Business
Transnet revenue grows 11% on high export coal volumes
Net profit for the year increased to R4.9 billion compared to R2.8 billion achieved in the previous year, a 75 percent improvement.
Business
Rand slips again as EFF introduces bill to nationalise Reserve Bank
An analyst says the threat to the independence of the SARB will not be viewed favourably by investors nor credit ratings agencies.
Business
Gold Fields uncertain of production guidance at ill-fated South Deep mine
The operation has made losses of around R4 billion over the past five years due to rising operating and overhead costs.
Business
Transnet CEO given notice of suspension for ‘wrongfully obtaining his MBA’ amid R38bn locomotive probe
Siyabonga Gama and two others need to provide reasons to the board by Monday for why they should not be suspended.
Business
We made significant progress in Marikana – Lonmin
The company says it has invested millions in improving conditions for its workers and their families.
Business
Workers reject latest wage offer by SA gold producers
Negotiations are set to continue next week as the mining companies claim they’re under financial pressure.
Business
New mining charter is a lawsuit waiting to happen
It will help transformation, but could kill the patient.
Business
Platinum group metals lift mining production in June
PGMs output surged 28.2 percent year-on-year, although off a very low base, contributing 5.9 percentage points to the mining production.
Business
Rand continues to fight back
The currency remains weak and economists are concerned about the knock-on effect on the SA consumer with rising inflation.
Business
Gold Fields to cut more than 1,500 jobs
The gold producer has the country’s largest deposit of gold, but this has proven unprofitable to mine.
Business
Bennett wants to report Tigon judge’s ‘irregularities’
State says the move is a ‘frivolous abuse’ of processes.
Business
UP embraces hi-tech with competition for young entrepreneurs
Social application Mingle is among three startups to benefit from a new business incubator programme.
Business
Recommended items for zero-rating will cost fiscus R4bn
About 70% of the relief will benefit poor households.
Business
Landmark court case seeks to stop over-charging by creditors
Stellenbosch University Law Clinic brought justice to victims of garnishee order abuse. Now it aims to stop over-charging by creditors.
Business
Rand briefly pummelled to below R15 to the dollar
Panic over the future of the Turkish lira has spilled in SA as emerging markets continue to struggle.
Business
DA calls ANC ‘plan’ to save VBS an attempt at more ‘looting’
The ANC’s leaders are reportedly looking at how to help the mutual bank accused of plundering millions from depositors.
Business
Western Cape legislature concludes public hearings on draft ‘Uber Bill’
New laws seek to regulate e-hailing ride-sharing services in the province.
Business
Baleka Mbete says she hasn’t seen ‘a cent’ from her Gold Fields ‘bribe’
The speaker of parliament, however, declared shares in the company valued at R27m in 2014.
Business
Think the rand has it bad? Spare a thought for the lira
There are many recent lessons from Turkey on how not to manage your currency.
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