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Sue Blaine South Africa's energy grid has received one of its first injections of wind energy since Umoya Energy's 37-turbine Hopefield wind farm was certified as fully operational 10 days ago‚ the Cape Town-based comapny said on Monday (10 February). Read more >>
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| Ntsakisi Maswanganyi Companies in the shipping industry and port authorities are seeking to resolve the challenges that South Africa's high port tariffs represent and to make it easier to do business in the country‚ says Maersk South Africa's Fred Jacobs. Read more >>
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| PPC said on Monday (10 February) advanced plans are in place to enter the Algerian cement market‚ through a partnership with Algerian private sector investors‚ in Hodna Cement. Read more >>
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| Clover Industries said that it expects headline earnings per share (HEPS) for the six months ended December to be between 82% and 92% higher than year-earlier period‚ when it reported HEPS of 40.7c. Read more >>
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| Allan Seccombe The African Development Bank plans to make a large investment in South Africa's automotive sector with the Industrial Development Corporation‚ after a US$200m investment in a manganese project. Read more >>
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| Steel manufacturer ArcelorMittal SA reported a loss per share of 75c for the quarter ended December, returning to the red after posting headline earnings per share of 50c in the previous quarter. Read more >>
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| Amanda Visser A competitor in the market for fishing and processing canned fish‚ Saldanha Fisheries‚ is opposing the merger between Oceana and Foodcorp. Read more >>
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Paul Vecchiatto Governments of resource rich countries have to be careful about how they pursue higher taxes and rents on mining companies as they could run the risk of flouting international trade rules‚ the Mining Indaba heard on Tuesday (4 February). Read more >>
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| Stagnant economic growth has led to questions being asked about the affordability of labour, according to the Labour Market Report released on Tuesday (4 February). Read more >>
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| Nick Hedley In line with expectations‚ new vehicle sales started the year on a weak note‚ according to the National Association of Automobile Manufacturers of South Africa (Naamsa). Read more >>
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| Allan Seccombe Platinum demand could receive a boost from emerging market economies where stricter motor vehicle emission legislation is increasingly being enacted‚ which is good news for producers in SA, said Beresford Clarke from SFA (Oxford). Read more >>
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| Mark Allix Grindrod‚ a JSE-listed freight and logistics service provider‚ through its wholly owned subsidiary Grindrod Mauritius‚ will work with Zambia's Northwest Rail Company to build‚ operate and maintain a new 590km Cape gauge railway from Chingola in the Zambian copperbelt to the Angolan border. Read more >>
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| Italtile says its basic earnings per share for the six months to December (EPS) would be between 18% and 20% higher‚ and its headline earnings per share (HEPS) would be between 15% and 17% higher‚ compared with the EPS of 23.9c and the HEPS of 24.0c for last year. Read more >>
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| HANOI - The Vietnamese developer behind the smash-hit free game Flappy Bird has pulled his creation from online stores after announcing that its runaway success had ruined his "simple life". Read more >>
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| SAN FRANCISCO, USA: Amazon has yanked gibberish translations of classic works from the shelves of its online ebooks store. Read more >>
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| TOKYO, JAPAN: Sony warned it would record a US$1.08bn annual loss and cut 5,000 jobs while exiting the stagnant PC market this year as the once-mighty electronics company struggles to reinvent itself in the digital age. Read more >>
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| Samuel Mungadze SA's software market will balloon this year as spending is forecast to increase 10.5% to US$518m (R5.7bn)‚ according to the latest International Data Corporation (IDC) market analysis report. Read more >>
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| WASHINGTON, USA: Microsoft said that founder Bill Gates was stepping down as chairman to become a technology adviser to the technology company and that Indian-born Satya Nadella would be Microsoft's new chief executive officer. Read more >>
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| Headline earnings per share for Astral Foods over the six months to March will be at least 20% higher when compared with last year‚ the company said on Tuesday (4 February). Read more >>
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| TOKYO, JAPAN: Japanese car manufacturers Nissan said its nine-month net profit jumped 18.4% as it benefited from a weaker yen and accelerating sales in North America and China. Read more >>
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| NEW DELHI, INDIA: Tata Motors, India's top vehicle group, on Monday (10 February) reported a tripling of quarterly net profit in a sterling performance by British luxury brand Jaguar Land Rover (JLR), which offset dismal domestic sales. Read more >>
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| TAIPEI, TAIWAN: Taiwan's smartphone manufacturer HTC said it signed a patent and technology collaboration agreement with Finnish phone company Nokia to end all pending patent litigation between them. Read more >>
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| HONG KONG: Google bought a 5.94% stake in Lenovo for US$750m having sold Motorola to the Chinese technology company. Read more >>
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| CARACAS, VENEZUELA: Toyota is halting production at its only assembly plant in Venezuela because the world's largest car manufacturer lacks the hard currency to import parts due to government controls, a factory official said last week. Read more >>
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| STOCKHOLM, SWEDEN - Swedish truck maker Volvo is cutting 2,400 jobs in addition to 2,000 cuts the group announced in October, in a move aimed at boosting falling profitability. Read more >>
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| PARIS, FRANCE: Alcatel-Lucent, a leading global supplier of telecommunications equipment for the internet, said it had slashed its net losses by a third last year and would sell its subsidiary Enterprise to a Chinese firm Read more >>
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| LONDON, UK: The price of coffee rose to the highest levels for months on Tuesday, 4 February 2014, because of exceptionally dry weather in Brazil which could crimp harvests in the country, the world's biggest producer and exporter. Read more >>
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| TOKYO, JAPAN - Japan's Panasonic and Sharp on Tuesday, 4 February, pointed to better times ahead as earnings improved thanks to an overhaul of their businesses and the yen's decline, but the recovery was held back by weak sales of consumer gadgets. Read more >>
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More International
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| PRETORIA: North West Premier Thandi Modise has urged the residents of Majakaneng, near Brits, to give government a chance to implement its R2bn provincial water plan before staging protests. Read more >>
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| Cape Town - As the strike in the platinum sector continues, the Minister of Energy Susan Shabangu calmed fears it would harm the industry and country by pointing out that South Africa had restored the rule of law, peace and stability in the mining sector. Read more >>
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| The KwaZulu-Natal provincial government is considering establishing an automotive supplier park. Read more >>
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