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| Flexible packaging grows exportsThe economic crisis in Europe and the US is a real challenge in the Western Cape where many fruit, vegetable and wine growers strive to manage the negative effects of weak demand for exports. 28 May 2012 12:18High risk of blackouts as Eskom start maintenanceThere is a high risk of electricity blackouts as Eskom enters its power station maintenance phase and is forced to close some power stations for essential but routine repairs according to an article published by Business Day. 25 Aug 2011 07:18Government bungle sees R400 million unpaidThe government owes at least R400 million to motor manufacturers and automotive component companies after a bungled tender process left the incentive benefits unpaid according to an article published in Business Day. 23 Aug 2011 10:23Blast furnace failure costing millionsA structural failure of the furnace at ArcellorMittal SA's Newcastle plant could see thousands of jobs being lost and millions of rands in export orders going down the tubes according to an article published in Business Report yesterday, 22 August 2011. 23 Aug 2011 08:48Costly to do business in SA says BMW Doing business in South Africa is costly for BMW and its South African managing director Bodo Donauer says that the state of logistics infrastructure locally was creating problems for the company according to a report published by Business Live. 22 Aug 2011 13:48Coricraft starts production at new factoryMajor local furniture manufacturer, Coricraft, has started production at its new R50-million factory in Gauteng, which, according to a report published in Business Report, will cut its manufacturing costs and improve services to retailers. 22 Aug 2011 13:36HP dumps tablets, phones, computers Hewlett-Packard plans to sell its personal computer business, stop manufacturing its TouchPad tablet and its webOS mobile phones and focus on software development after it announced that it had bought British-based Autonomy for US$10 billion. 19 Aug 2011 10:28SA business not exempt from global financial crisis South African businesses are not immune from the ill-fated doom and gloom affecting Europe and America. Its affects are more far reaching than the banking crisis of 2008 and of course the resultant credit crunch, which shook Governments, business and consumer confidence. 18 Aug 2011 12:02World recession could hurt SA's GDPSouth Africa's gross domestic product could fall from a projected 3,4% to just 2,5% this year because of the turmoil in world economic markets according to a report published in Times Live today. 12 Aug 2011 13:16Denel wins contract to maintain target drones Denel Dynamics has won a contract worth R1,8 million to maintain the Skua high speed target drones according to Defence Web. It says expenditure on the drones since 1992 when Denel was awarded the contract has risen to R13,8 million. 12 Aug 2011 13:10Thousands of jobs may be lost Employment levels in South Africa fell by 0,4% in July and resulted in annual job losses this year of 270 504 permanent and 79 380 temporary workers according to an article published on Fin24. 12 Aug 2011 06:14New crude refinery needed in SA Plans for PetroSA's new US$10 billion Mthombo crude oil refinery must be speeded up if the country wants to avoid fuel shortages in the future according to an article published in Business Day. 10 Aug 2011 12:16Economy not creating enough jobs South Africa's economy is not creating enough jobs despite initiatives such as the Growth, Employment and Redistribution (Gear) plan and the Accelerated and Share Growth Initiative for South Africa (Asgisa) according to the South African Chamber of Commerce and Industry (Sacci), reports Times Live. 5 Aug 2011 09:25 |
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