Wings Travel Management turns 20, goes into Brazil

Wings Travel Management, which turns 20 this month, is celebrating its anniversary with big news. The global travel-management company specialising in oil & gas, corporate and marine travel, is expanding its reach into South America with the acquisition of Brazilian-based V7 Viagens travel-management company. 2 Apr 2012 10:23

Aviation industry frets over rising cost of fuel

The biggest threat to the aviation industry is higher oil prices, which latest estimates from the International Air Transport Association (Iata) put at an average of US$115 a barrel this year. 28 Mar 2012 08:03

Petrol price rises to R11.23/litre

The price for all grades of petrol is set to increase by 28c, the Energy Department said on Friday, 2 March 2012. This will make a litre of petrol go up to R11.23 in Gauteng and R10.93 in the coast. 5 Mar 2012 12:15

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

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

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

Transnet delay costs SA billions: DA

The DA has accused the Transnet National Ports Authority (TNPA) of "dragging its feet" and losing out on potentially billions of rands from Africa's lucrative west coast gas and oil-platform repair business. 6 Feb 2012 07:21

Transnet scuppers oil rig plans

According to Business Report, a multi-million plan to build a supply base to service oil rigs at Saldanha Bay has been scuppered, after Transnet National Ports Authority changed the conditions for the shipping firm wanting to build it. 31 Jan 2012 10:42

Iran sanctions could hurt SA's oil imports

South Africa receives about 25% of its oil from Iran and authorities are assessing the implications of the latest sanctions imposed by the European Union and the United States, Fin24 reports. 26 Jan 2012 15:33

SA, Qatar strengthen relations

Infrastructure development between South Africa and Qatar is set to intensify in the future. This emerged after a meeting between President Jacob Zuma and Sheikh Hamad bin Khalifa Al-Thani in Doha during a visit by Zuma, who stopped over in Qatar earlier this week while en route to the World Economic Forum, set to take place in Davos. 26 Jan 2012 08:16

PetroSA not responsible for oil spill

Oil that washed up on Diaz Beach in Mossel Bay did not come from PetroSA and the puffy lumps of oil that were found on the beach were most likely to have originated from an unknown vessel that cleaned out the bunker tanks while at sea according to a report in Business Live. 4 Jan 2012 11:02

Petrol price to drop 5c-6c per litre

The retail price of petrol 93 ULP & LRP will drop by 6 cents per litre while the retail price of petrol 95 ULP & LRP will fall by 5c per litre on Wednesday next week, the department of energy said on Thursday. 30 Dec 2011 08:01