Tolls needed to pay road bills

[Linda Ensor] The non-collection of toll fees could negatively affect the South African National Road Agency Limited's (Sanral's) ability to raise capital for infrastructure development projects‚ Transport Minister Ben Martins said in the National Council of Provinces on Wednesday (22 May). 23 May 2013 08:22

Cape Town spends R180m on Volvos

The City of Cape Town has awarded the tender worth R180m to provide buses for extended MyCiTi bus routes to Volvo SA, a city official, Brett Herron said on Wednesday (22 May). 23 May 2013 09:35

Cars sales - dealers' confidence falls

[Alexander Parker] Vehicle dealers' confidence dipped in the second quarter‚ WesBank's quarterly vehicle sales confidence indicator showed on Wednesday (22 May). 23 May 2013 09:01

Government to grab Zimplat's land

HARARE, ZIMBABWE: The Zimbabwe government vowed on Wednesday (22 May) it would not roll back on plans to seize 28,000 hectares of land leased to a local subsidiary of the platinum-mining giant Impala Platinum. 23 May 2013 10:56

Reunert to curb costs as profits fall

Electronics group Reunert will continue to focus on "rigorous cost control and act with prudence" over the next six months‚ it said on Tuesday (21 May) when its results for the six months to March were released. 22 May 2013 10:56

Sasol 'profiteering' from plastic sales

[Amanda Visser] Sasol Chemical Industries (SCI) was making excessive profits from its propylene and polypropylene sales in SA and its position of a low-cost producer should have been reflected in its prices‚ the Competition Commission's former chief economist‚ Simon Roberts said on Tuesday (21 May). 22 May 2013 08:46

Steel production down by 15.1%

[Helmo Preuss] South African steel production fell by 15.1% year-on-year (y/y) in April to an estimated 570‚000 tons after dropping by 16.6% y/y in February to 515‚000 tons‚ according to World Steel Association data. 22 May 2013 09:14

Uncertainty over jobs losses at Becsa

[Mpho Sibanyoni] Mixed information is trickling out in relation to the number of people that BHP Billiton Energy Coal SA (Becsa) plans to retrench in South Africa. 22 May 2013 09:29

Challenges face Pioneer this year

[Zeenat Moorad] Trading across Pioneer Food's product categories is expected to be challenging for the rest of the year as consumer spending remains constrained‚ the company‚ which reported its half-year results on Monday (20 May)‚ said. 21 May 2013 08:16

Eskom becomes a farmer (of wind)

The National Energy Regulator of SA (Nersa) has granted Eskom a licence for its Sere wind farm in the Western Cape, the power parastatal said on Monday (20 May). 21 May 2013 12:33

Illegal strike resolved at MBSA

Striking workers at the Mercedes-Benz plant in East London are expected to return to work on Tuesday (21 May), the company said in a statement. 21 May 2013 09:40

Barloworld's share earnings up 31%

[Mark Allix] Barloworld‚ a diversified industrial group‚ saw revenue rise 11%‚ operating profit increase 14% and headline earnings per share shoot up 31% for the interim period that ended in March. 21 May 2013 10:04

Oceana keen to 'hook' a big one

Perennially profitable fishing company Oceana could be angling for an offshore acquisition. 20 May 2013 08:46

Mondi to shut plants, cut costs

Cutting costs is a hallmark of packaging and paper group Mondi and over the longer term it has paid off, as could be seen in its recent upbeat interim management statement. 17 May 2013 10:03

Hydrogen fuel cells to be made in SA

Government is aiming to drive up demand for platinum by developing hydrogen fuel cell technology, Science and Technology Minister Derek Hanekom said on Thursday (16 May). 17 May 2013 10:51