Trade conditions off to low start in January

Trade conditions started off the year low, the South African Chamber of Commerce and Industry (Sacci) said in its January Trade Conditions Survey. 15 Feb 2012 07:28

Transnet wants 40% share of transport market

Transnet Freight Rail TFR) wants to increase its market share of the logistics' chain from 10% to more than 40% and Business Report says that it is hoping to achieve this within the next seven years. 14 Feb 2012 13:53

Significant gains in different economic sectors

Significant economic results show that the volume growth of electricity was up by 20% year-on-year (y/y) and Business Live says that coal exports from Richards Bay surged by 34,3% y/y in January. 13 Feb 2012 13:44

Cape business welcomes R1bn port tariff cut

[Paul Vecchiatto] The Cape Chamber of Commerce and Industry has welcomed the announcement in the state of the nation speech that port tariffs are to be reduced by about R1bn. 13 Feb 2012 12:21

TNPA,UAL deal may be on again

According to Business Report, the Transnet National Ports Authority (TNPA) scrambled this week to repair its damaged relationship with a Dutch-based shipping company - Universal Africa Lines (UAL). In September last year the TNPA declared UAL the preferred bidder for two sections of land on either side of a berthing quay under a 15-year lease. 13 Feb 2012 12:12

Zuma announces Transnet's R300bn expansion plan

During his State of the Nation address in parliament, President Jacob Zuma announced that state-owned transport and logistics group Transnet will spend R300-billion in a capital-expansion programme to move the transportation of minerals such as coal from roads to rail, Times Live reports. 10 Feb 2012 11:57

SONA in a nutshell

Union and business representatives have welcomed President Jacob Zuma's State of the Nation address to Parliament and, while the speech was held by some observers to be uninspiring it contained a lot of detail about the government's plans to boost jobs and invest in infrastructure. 10 Feb 2012 10:06

ARB Holdings interim HEPS up 4% to 15.69c

ARB Holdings, South Africa's largest independent distributor of electrical products, on Thursday (9 February 2012) reported a 4% increase in headline earnings per share from 15.07 cents to 15.69 cents for the six months ended December. 10 Feb 2012 09:30

Taxi council 'on brink of deal to buy local airline'

[Nicky Smith] The South African National Taxi Council (Santaco) is determined to meet its new deadline of April for its airline service and is on the brink of closing a deal to acquire an existing airline, the association's secretary-general, Philip Taaibosch, said. 10 Feb 2012 09:25

RTMC denies bankruptcy

The Road Traffic Management Corporation (RTMC) on Thursday (9 February 2012) denied being bankrupt, saying it was only "technically insolvent". 10 Feb 2012 09:24

SA Airports Company to manage Brazil's Guarulhos

According to Business Report, the Airports Company of South Africa (Acsa) has won a bid for the expansion, maintenance and operation of Guarulhos, Brazil's busiest airport, located at a suburb of the city of São Paulo. 9 Feb 2012 12:55

Business confidence falls in January

Business confidence fell to its lowest level since May 2010, the South African Chamber of Commerce and Industry (SACCI) said. 9 Feb 2012 09:33

dti moots small business census

The Department of Trade and Industry wants to run a regular small business census to help improve its support and funding to the sector as part of a revised policy to boost support to small businesses. 9 Feb 2012 09:09