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Evraz Highveld Steel and Vanadium's net loss of R302m
Evraz Highveld Steel and Vanadium's net loss of R302m

Evraz Highveld Steel and Vanadium has reported a net loss of R302m for the 6 months to June from a loss of just R10m at the same time a year ago.

30 Sep 2014 12:50

Astrapak strong after restructuring
Astrapak strong after restructuring

Astrapak's balance sheet is the strongest it has been in about four years, despite a widened interim loss, management says..

By Nick Hedley 30 Sep 2014 12:38

Earnings sharply down for York Timbers
Earnings sharply down for York Timbers

York Timbers has reported a substantial decline in its full-year net profit‚ dragged down by its wholesale division.

30 Sep 2014 12:26

General Electric seeks new sectors in SA
General Electric seeks new sectors in SA

General Electric (GE)‚ which is supplying a total of 376 locomotives to Transnet‚ is looking for opportunities in other sectors in SA‚ including healthcare and energy.

By Nick Hedley 30 Sep 2014 11:59

Mining fundamental for SA economy
Mining fundamental for SA economy

Mining was one of the key industries in the South African economy with a total income of R408bn in 2012, says Statistician General Pali Lehohla.

30 Sep 2014 10:36

Programme aims to boost municipal service delivery
Programme aims to boost municipal service delivery

A capacity building programme to strengthen institutional capacity in the areas of personnel skills and administrative systems has been launched at eleven municipalities across five provinces in South Africa.

30 Sep 2014 09:57

Bowler Metcalf to merge bottling operations
Bowler Metcalf to merge bottling operations

After months of rumours‚ plastics packaging specialist Bowler Metcalf has confirmed that it will pour its soft-drink bottler Quality Beverages‚ the maker of the Jive brand‚ into a new and bigger operation.

By Marc Hasenfuss 29 Sep 2014 13:02

Fight brewing between Gordhan and PPC?
Fight brewing between Gordhan and PPC?

Ketso Gordhan‚ who resigned as chief executive of PPC a week ago‚ is gearing up for a battle for his reinstatement‚ lining up a series of meetings this week with shareholders to build support.

By Nick Hedley 29 Sep 2014 12:46

Belaz trucks may boost ELB's earnings
Belaz trucks may boost ELB's earnings

ELB Group's agreement to be the South African distributor for the global Belaz range of heavy trucks is expected to have a substantial effect on our earnings Chief Executive Stephen Meijers said.

By Nick Hedley 29 Sep 2014 12:12

Value Logistics issues dire trading update
Value Logistics issues dire trading update

In August, Value Group - a consistent profit performer for the past dozen years - stunned the market with a dire trading update, warning that its interim earnings could be down by between 70% and 90% and its share price dropped from 500c to 412c, a 12-month low.

By Marc Hasenfuss 29 Sep 2014 11:51

Solar electricity makes good financial sense
Solar electricity makes good financial sense

A recent report by the Global Commission on the Economy and Climate found that renewable energy (RE) sources have emerged with stunning and unexpected speed as large-scale, and increasingly economically viable, alternatives to fossil fuels.

29 Sep 2014 11:07

Only private sector can create economic growth
Only private sector can create economic growth

Local economic development is failing in South Africa due to lack of sustainability. This is according to Dr Pierre Voges, CEO of the Mandela Bay Development Agency (MBDA).

29 Sep 2014 10:58

Nedbank invests R1.3bn in Newtown Junction development
Nedbank invests R1.3bn in Newtown Junction development

Helping to restore its iconic standing as one of South Africa's thriving marketplaces, Nedbank has announced the grand opening of Newtown Junction Mall - a R1.3 billion investment in the CBD precinct.

29 Sep 2014 10:15

38% of Western Cape farm projects fail
38% of Western Cape farm projects fail

An external evaluation has shown that the Western Cape saw 38% of its 246 agricultural land reform projects in the province failing and another 24% experiencing "challenges".

29 Sep 2014 07:38

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