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ArcelorMittal SA sinks deeper into the red

ArcelorMittal SA sank deeper into the red in the six months to June, as the struggling steel producer buckled under the weight of unrelentingly low steel demand, rising input costs and a stronger rand...

By Andries Mahlangu 2 hours ago

2018 PPC Imaginarium Awards open for entries
2018 PPC Imaginarium Awards open for entries

The fourth edition of the PPC Imaginarium Awards has officially opened for entries...

1 day ago

Picture: Eskom
How will Eskom spend all the extra money it wants South Africans to pay?

Eskom wants consumers to cough up more for electricity...

By Graeme Hosken 5 hours ago

Photo by Andrew Branch via Unsplash
Rwanda concludes agreement for new Bugesera Airport

With the backing of the African Legal Support Facility, the government of Rwanda has taken a concrete step toward becoming a transportation hub for the East African region...

1 day ago

The modern commercial facility builds on standards
The modern commercial facility builds on standards

Today, modern commercially focused facilities - from corporate office buildings to retail environments - make use of global technology standards...

By Neil Cameron 1 day ago

Allan Gray delivers Group Five shake-up
Allan Gray delivers Group Five shake-up

The eight new non-executive directors who secured appointment to the Group Five board at Monday's extraordinary shareholders' meeting are faced with the immediate prospect of releasing the details of hefty losses notched up by the construction company in the year to June...

By Ann Crotty 2 days ago

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Recent rainfall has had little impact as CT continues to face drought crisis

The drought conditions experienced in Cape Town has become the new normal for the city as a water-scarce region...

2 days ago

WallpaperStore to pop up in Cape Town
WallpaperStore to pop up in Cape Town

Curated interior and lifestyle design marketplace WallpaperStore will be popping up in Cape Town in mid-September...

2 days ago

MBAWC welcomes guideline to 2014 Construction Regulations
MBAWC welcomes guideline to 2014 Construction Regulations

MBAWC occupational health and safety manager Deon Bester says that while the recently published guideline to the 2014 Construction Regulations has provided clarity on certain definitions and sub-regulations, a number of items have not been addressed...

3 days ago

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Protection for steel not enough to prevent plunge in output

SA's steel production plunged 15.9% year on year in June to 458,000 tonnes after falling 3.5% in May to 561,000 tonnes, according to data collated by the World Steel Association...

By Dominic Preuss 3 days ago

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PPC CEO Darryll Castle leaves with immediate effect

Cement maker PPC announced on Monday morning, 24 July, that CEO Darryll Castle had "agreed to part ways", with immediate effect...

By Robert Laing 3 days ago

Is franchising services the silver lining in a stagnant economy?
Is franchising services the silver lining in a stagnant economy?

The appeal of franchising is widespread. While other businesses often struggle to keep a positive cash flow in times of stunted economic activity, franchising remains resilient...

By Sybrand Bezuidenhout 3 days ago

How big business can help small entrepreneurs excel
How big business can help small entrepreneurs excel

A targeted programme to assist black entrepreneurs set up small businesses and co-operatives will fill a gap in the assistance currently offered to black industrialists...

By Tommy Strydom 3 days ago

Drought and business: more action, less rhetoric
Drought and business: more action, less rhetoric

As a result of the drought, businesses in towns or cities do not have secure access to water to carry out their operations...

By Dr Jo Burgess 24 Jul 2017

Jacques van Embden, MD, Blok
SA's property developers and buyers under pressure

South Africa has been downgraded to junk status by two ratings agencies, meaning that an even weaker rand, higher inflation, mounting petrol and food prices as well as interest rate hikes are on the cards...

By Jacques van Embden 24 Jul 2017

Curtain-like exterior gives this new building a sense of always being in motion
Curtain-like exterior gives this new building a sense of always being in motion

The Shanghai Bund Financial Center is a collaboration between Foster & Partners and Heatherwick Studio...

By Bongani Shweni 24 Jul 2017

ArcelorMittal SA remains on the ropes
ArcelorMittal SA remains on the ropes

SA government's long delayed decision to impose higher tariffs on certain steel imports has come too late for ArcelorMittal SA...

By Giulietta Talevi 24 Jul 2017

Swift progress being made with Kenya's Tatu City
Swift progress being made with Kenya's Tatu City

Kenyan mixed-use real estate project Tatu City is rapidly taking shape...

21 Jul 2017

Tito Mboweni at the 2011 World Economic Forum on Africa – , CC BY-SA 2.0
Why Tito Mboweni quit PPC's board

Tito Mboweni's unexpected resignation from PPC's board has prompted speculation that it might relate to an irreconcilable disagreement about the strategic direction of the cement producer...

By Ann Crotty 21 Jul 2017

ArcelorMittal shares fall sharply after it warns of a widening loss
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 21 Jul 2017

Cape Town bag manufacturer offers employees direct shareholding
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...

20 Jul 2017

SMME’s benefiting from Coega projects (L-R): Nandi Mpofu, Agnew Cabinets; Nolan Mathura, Ascon Civil Engineering; Laeeq Dolley, Rulasaqa Plumbing; Shaheed Nordien, YKW Projects; Thembisa Doda, Mothiscore; Luleka Ncomanzi, Ingakuhle Trading Enterprise; Nonyameko Maya, Ibhayi Achuma Trading
Coega awards nine contracts worth R30m to SMMEs in Eastern Cape

The Coega Development Corporation (CDC) has invested R30m in nine small, medium and micro enterprises (SMMEs) in the Eastern Cape...

20 Jul 2017

African urbanisation must be smart and sustainable for cities to be habitable far into the future
African urbanisation must be smart and sustainable for cities to be habitable far into the future

African city planners need a split strategy and focus in their planning and development efforts...

20 Jul 2017

Abland, Tiber to develop mixed-use Sandton Gate precinct
Abland, Tiber to develop mixed-use Sandton Gate precinct

Abland and Tiber have joined forces to develop the Sandton Gate precinct which will offer an office, retail, residential and lifestyle environment...

19 Jul 2017

City announces u-turn on social housing
City announces u-turn on social housing

Reclaim the City welcomes plans for ten new sites for affordable housing but says it remains cautious...

By Barbara Maregele 19 Jul 2017

Prominent Paints launches first franchise store
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

New vertical residences in Eindhoven to be designed by MVRDV
New vertical residences in Eindhoven to be designed by MVRDV

This mosaic-like structure combines urban farming, housing and more in the Eindhoven city centre...

18 Jul 2017

PPC and AfriSam still in merger talks
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

Strand Street Concourse undergoes major refit
Strand Street Concourse undergoes major refit

The Strand Street Concourse is part of a broader network of underground walkways that serves as a critical pedestrian link between the Cape Town Station precinct and...

17 Jul 2017

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