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Spur sells food worth R5.5bn in a year

Restaurant group Spur Corporation increased total restaurant sales by 13.5% to R5.5bn in the year to end June‚ the group said in a sales update on Monday.

28 Jul 2014 13:27

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

Vodacom boosted by international growth

Vodacom (VOD)‚ South Africa's largest mobile operator by subscriber numbers‚ on reported fast growth outside of its domestic market‚ offsetting stagnating growth at home in the June quarter.

By Samuel Mungadze 28 Jul 2014 11:50

Jaltech structures financing for Usutu transaction

Jaltech Financial Consultants has played an instrumental role whereby Montigny Investments Limited closed the R1bn purchase of Sappi Limited's Usutu Forest Products Company Limited in Swaziland.

28 Jul 2014 09:10

Porsche buys Kyalami for R205m

Porsche SA has bought the Kyalami race track for R205m in an auction at Summer Place in Johannesburg - the highest price paid for a property in liquidation in South Africa.

25 Jul 2014 08:36

Bus contract halted after company liquidated

The Nelson Mandela Bay Municipality has been thrown a lifeline and could soon be out of a controversial multimillion-rand bus technology contract with Lumen Technologies, after the Cape Town-based company was liquidated.

25 Jul 2014 07:59

Zuma responds to debate on Presidency's budget

President Jacob Zuma said the gains that await developing countries through the BRICS New Development Bank will far outweigh the cost of establishing the bank.

25 Jul 2014 06:59

'Ocean economy' can create 800,000 jobs

South Africa's ocean economy - which includes fishing and ship repairs and services - has the potential to create between 800,000 and one million direct jobs through Operation Phakisa Communication Minister Faith Muthambi

By More Matshediso 25 Jul 2014 06:14

Ellies earnings drop as demand weakens

Headline earnings at the electronic products manufacturer, Ellies were down by 68.3%, to 23.46c per share.

24 Jul 2014 12:16

SABMiller first quarter total beverage volumes up 3%

Global breweries company SABMiller (SAB) said its total beverage volumes grew by 3% in the first quarter‚ mainly due to strong demand from its African and European operations.

By Fifi Peters 24 Jul 2014 12:09

Discovery builds most expensive offices in SA

Medical aid group Discovery's new office, next to Sandton City, is being built at an estimated development cost of R2.6bn, which is believed to set a new record for office developments in SA.

By Alistair Anderson 24 Jul 2014 11:53

SA train deal doubles Alstom's order book

The order book of French transport and power firm Alstom doubled in its first quarter ended June compared with the same three months last year - thanks largely to its sizeable passenger rail contract in SA.

By Nick Hedley 24 Jul 2014 11:31

Free app for private equity in Africa

Phatisa, an African private equity fund manager, has launched a free app for use by professionals in African private equity...

24 Jul 2014 09:29

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