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ArcelorMittal shares fall sharply after it warns of a widening loss

ArcelorMittal SA's share price on the JSE plummeted on Thursday, 20 July, after SA's biggest steel producer flagged a widening in its first-half headline loss...

By Andries Mahlangu 2 days ago

Cape Town bag manufacturer offers employees direct shareholding

With funding from the Industrial Development Corporation (IDC), PP Excel officially opened its Cape Town plant this week...

3 days ago

Prominent Paints launches first franchise store

Paint manufacturer Prominent Paints has launched its first franchise store in Midrand as it seeks to expand its distribution footprint...

18 Jul 2017

PPC and AfriSam still in merger talks

Formal discussions on a potential merger between PPC and AfriSam are continuing, PPC said on Monday, 17 July...

By Karl Gernetzky 18 Jul 2017

#CSIMonth: Corobrik supports skills development, social upliftment in its CSI efforts

A core focus in the Corobrik CSI strategy is upskilling members of the communities in which it operates...

By Sindy Peters 17 Jul 2017

Steel and engineering sector in a quagmire

The knives are out in SA's metals and engineering sector...

By Mark Allix 17 Jul 2017

Tools & Build Show brings quality Chinese manufacturers to SA

For three days from 30 July producers, buyers, distributors and users of hardware products and building material will converge on Gallagher Convention Centre to find what's new or improved in the tools and build industry...

Issued by Ex-Easy Network & Technology 13 Jul 2017

SA stainless steel industry battles economic storm

South Africa's R15bn stainless steel industry has felt the strain of a contraction in its apparent consumption figures in the last two years...

13 Jul 2017

Dawn moves to sell rest of GDW

Distribution and Warehousing Networks (Dawn) has signed a non-binding memorandum of understanding with the controlling shareholders of Grohe Dawn Watertech (GDW) for the potential disposal of Dawn's 49% holding in GDW...

By Mark Allix 13 Jul 2017

Mercantile's role in the liquidation of Alert Steel heads to court

Mercantile Bank's role in the liquidation of Alert Steel is heading to court, with plaintiffs, including ArcelorMittal, demanding R351m damages, Fin24 reported on Monday, 10 July...

By Robert Laing 11 Jul 2017

Steel safeguard duties 'will cut jobs and protect ArcelorMittal monopoly'

The National Employers Association of SA (Neasa) does not think tariffs on cheap, mainly Chinese, steel imports will help an industry in crisis...

By Mark Allix 7 Jul 2017

Deals above board, Corobrik protests

Corobrik has hit back hard over charges by the Competition Commission that it has engaged in price fixing...

By Mark Allix 7 Jul 2017

Brick manufacturers face price fixing charges

Six South African brick manufacturers have been charged with price fixing...

6 Jul 2017

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International

One dead as under-construction Singapore highway collapses

SINGAPORE: One man was killed and 10 others injured in Singapore on Friday, 14 July, when a partially-built elevated highway they were working on collapsed, authorities said, a rare construction accident in the city-state.

17 Jul 2017

Utilities including nuclear firms hacked

WASHINGTON, US: Firms operating nuclear power plants and other energy facilities in the US have been hacked in recent months, the New York Times reported Thursday, 6 July.

10 Jul 2017

SA engineering proves its mettle at Phillippines mine

Three South African engineering firms were instrumental for designing and building headgear, shaft collar and winder house for a new service shaft at the Philsaga Mining Corporation in the Philippines owned by Medusa Mining.

6 Jul 2017

Self-financing modular homes for the rural poor

India houses the largest proportion of the global poor with no access to adequate housing and electricity.

By Bongani Shweni 15 Jun 2017

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