What's happening with SA port tariffs?

The deadline of 31 May for public comment on the new five-year plan for restructuring SA's port tariffs from 2014 is looming fast with just a week to go. 24 May 2013 10:25

Manufacturers need global integration

During the latter years of apartheid, SA built more tanks than any other country on earth. Factories around the country churned out tens of thousands. 24 May 2013 09:59

Court rules in favour of Redisa

Government's waste tyre recycling plan is back on track after a Supreme Court of Appeal ruling on Thursday (23 May). 24 May 2013 08:40

Beer sales keep SABMiller's profits flowing

[Zeenat Moorad] Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March. 24 May 2013 07:51

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

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

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

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

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

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

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

Oceana keen to 'hook' a big one

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

Workers threaten indefinite Amplats strike

[Samuel Mungadze] Anglo Platinum (Amplats) workers have vowed to embark on an indefinite strike starting Friday (17 May) if management does not halt its plans to retrench 6‚000 employees. 17 May 2013 12:50

Quick fix? Not for Astrapak

Astrapak optimists are betting heavily on the new chief executive Robin Moore's ability to restore the troubled packaging firm to health. Reflecting this confidence, Astrapak is trading on a 75,5 price:earnings ratio despite a 61% fall in headline earnings per share for the year to February and a 90% fall in earnings over the past three years. 17 May 2013 11:16