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Hulamin makes R130m on R4.6bn revenue

Aluminium manufacturer Hulamin has delivered a 42% increase in normalised earnings to R130m in the six months to June‚ boosted by the weaker rand.

28 Jul 2014 12:49

Build programme powers full steam ahead

PRETORIA: Public Enterprises Minister Lynne Brown says the next 12 months will be a milestone in the country's massive build programme.

18 Jul 2014 07:26

Sasfin wants to invest in small businesses

Sasfin Private Equity plans to invest in small- and medium-sized enterprises, to the tune of R50m a year on businesses with an enterprise value of between R50m and R350m.

By Phakamisa Ndzamela 16 Jul 2014 12:35

Aveng expects drop in earnings‚ in subdued sector

Aveng says it expects headline earnings per share and adjusted earnings per share - excluding the impairment of goodwill - for the year to June to be about 10% lower than last year.

By Nick Hedley 4 Jul 2014 12:16

Grohe buys 51% of Dawn for R880m

Grohe‚ said to be Europe's largest single-brand manufacturer and supplier of sanitary fittings‚ will buy 51% of JSE-listed building materials and fixtures group Distribution and Warehousing Network's (Dawn) Watertech subsidiary for R880m in cash.

By Mark Allix 3 Jul 2014 11:13

Safari expects portfolio to double in value

Recently listed township mall owner Safari Investments (SAR) expects additions to its portfolio to more than double its asset base to R3bn within three or four years.

By Nick Hedley 30 Jun 2014 15:00

MBAWC supports instruction by Davies

The Master Builders Association of the Western Cape (MBAWC) has expressed its support of a statement by Trade and Industry Minister, Rob Davies, that the buying of South African goods and services should now be presented as an instruction rather than in the form of an appeal or advice.

18 Jun 2014 13:50

Strike hits building confidence

The fall in the FNB/BER building confidence index indicates that conditions in the building industry have deteriorated further. The index fell by 11 points to 41 in the second quarter.

18 Jun 2014 10:39

Drop in Evraz Highveld's share price hurts RMB

Evraz Highveld Steel & Vanadium's share price has gone from nearly R190 in 2008 to about R6 now and one of the most affected shareholders is Rand Merchant Bank, which has a 7.4% stake, in the company according to ShareData Online.

By Mark Allix 13 Jun 2014 12:44

Manufacturing confidence remains subdued

South African business confidence remained subdued but unchanged in the second quarter of 2014‚ consistent with an economy that is at risk of sliding into a recession.

By Claire Bisseker 11 Jun 2014 07:08

Massmart feels 'consumer plight'

At its annual general meeting recently, Massmart highlighted the plight of consumers as debt‚ mounting costs and unemployment continue to curb spending in South Africa.

By Zeenat Moorad 2 Jun 2014 13:49

Crippling new strike threatens

A new labour strike is looming at a time when South Africa can least afford it. As many as 200,000 workers in the metal and engineering sector could down tools as wage talks deadlock.

2 Jun 2014 11:38

Pilot Crushtec delivers cone crusher to Ugie Mac Quarry

Pilot Crushtec International has recently supplied a Pilot Modular/TRIO MC90 cone crusher to Ugie Mac Quarry in the Eastern Cape Province.

2 Jun 2014 08:32

Property contributes R191.4bn to SA economy

Listed and unlisted property contributed R191.4bn to the economy in 2012‚ according to a report released by the Property Sector Charter Council.

By Alistair Anderson 29 May 2014 12:21

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