Barloworld's share earnings up 31%

[Mark Allix] Barloworld‚ a diversified industrial group‚ saw revenue rise 11%‚ operating profit increase 14% and headline earnings per share shoot up 31% for the interim period that ended in March. 21 May 2013 10:04

Get off the roads, use trains

South Africa needs to increase its use of rail freight to boost economic growth and preserve the country's roads, deputy president Kgalema Motlanthe said in Phalaborwa, Limpopo, on Monday (20 May). 21 May 2013 09:30

Mining and biodiversity guideline launched

On 22 May 2013, the minister of Water and Environmental Affairs, Edna Molewa and the minister of Mineral Resources, Susan Shabangu, will launch the Mining and Biodiversity Guideline: Mainstreaming Biodiversity into the Mining Sector, at Kirstenbosch, Cape Town. Minister Molewa will also launch the Life: State of Biodiversity Report. 20 May 2013 15:26

Workers threaten indefinite Amplats strike

[Samuel Mungadze] Anglo Platinum (Amplats) workers have vowed to embark on an indefinite strike starting Friday (17 May) if management does not halt its plans to retrench 6‚000 employees. 17 May 2013 12:50

Hydrogen fuel cells to be made in SA

Government is aiming to drive up demand for platinum by developing hydrogen fuel cell technology, Science and Technology Minister Derek Hanekom said on Thursday (16 May). 17 May 2013 10:51

Coface report highlights strain on SA's growth

The Coface Group, a worldwide leader in credit insurance, has released its latest report on South African growth prospects, taking into account the mining and export slumps. Overall, economic activity remains generally sluggish while upside risks to inflation have increased due to a weaker rand. Coface believes that this will persuade the Monetary Policy Committee to keep policy neutral over an extended period, with interest rates remaining unchanged for most of 2013. A reversal in policy easing is likely only late in the year or even in 2014. 15 May 2013 14:50