Acsa pleased with debt reduction, passenger growth, transformation pace

2017-09-18 14:35

Airport Companies SA remains resilient despite sluggish SA economic growth and was fortunate to have growth in the first place, CEO Bongani Maseko has told Fin24.

SA freight rail operations can benefit from regenerative braking system

2017-09-13 19:48

By using a regenerative braking system, cost savings of between 15% and 25% could be achieved in freight rail in SA, says a Transnet engineer.

Comair shows strong profit growth in tough conditions

2017-09-12 12:05

Comair's annual financial results show a 54% increase in profits to R297m and a 28% increase in cash generated by its operations.

Africa's richest man may enter bidding war for PPC

2017-09-08 16:02

Aliko Dangote is among those considering counteroffers for PPC that could signal a bidding contest for the cement maker, according to people familiar with the matter.

Rail requires smart innovation - Transnet CEO

2017-09-06 15:19

Sustaining rail operations requires smart innovations regarding operational efficiencies and cost effectiveness, says Transnet CEO Siyabonga Gama.

Ailing PetroSA clinches deal with Russian exploration firm

2017-09-04 16:38

PetroSA has signed a deal with Russian exploration company Rosgeo which is expected to bring oil and gas development of about $400m to South Africa.

SA Express seeks urgent bailout despite wasteful spend

2017-08-30 13:54

Despite irregular, fruitless and wasteful expenditure of R35m South African Express needs urgent recapitalisation to stay afloat, says Public Enterprises Minister Lynne Brown.

Rail key to driving Southern African trade - Maersk

2017-08-28 19:36

Railway infrastructure development is important for improving trade across the Southern Africa hinterland territories of Malawi, Zimbabwe and Zambia, says a Maersk expert.

PPC reports positive first-quarter volumes in most markets

2017-08-23 10:21

In a trading update, Pretoria Portland Cement says it has made its first payments totalling $32m towards funding commitments in the DRC.

Africa's richest man to invest up to $50bn in US, Europe

2017-08-17 09:33

Africa’s richest man, Aliko Dangote, plans to invest $20bn to $50bn in the US and Europe by 2025 in industries including renewable energy and petrochemicals.


PPC surges on Dangote's takeover approach

2017-09-14 13:49

PPC shares have surged after Dangote Cement, owned by Africa's richest man, said it has approached the SA cement maker about a takeover deal.

SA Express to miss results deadline, must convince AG it can stay afloat

2017-09-13 05:00

Minister of Public Enterprises Lynne Brown has informed Parliament she cannot table the annual report and audited financial statements of SA Express in time.

PPC creates 70 extra jobs at cement plant

2017-09-10 06:00

PPC has made an “extra effort” to create 70 more temporary local jobs at the SK9 expansion project at its North West Slurry cement plant, following a government investigation into the presence of at least 242 Chinese workers at the factory.

Parliament grills Transnet on Gupta links

2017-09-08 10:44

Transnet officials have come under fire in Parliament at a meeting of the Portfolio Committee on Trade and Industry where they faced a barrage of questions.

SAB entrepreneurship campaign to create 10 000 jobs

2017-09-04 17:10

South African Breweries will help to create 10 000 jobs and increase opportunities for entrepreneurs to become part of its supply chain.

SAA CEO-elect to woo banks as first priority

2017-09-01 09:07

CEO-elect of South African Airways Vuyani Jarana is making his first priority convincing banks that new leadership is committed to stemming five straight years of losses.

AfriSam said to be talking to partner to secure PPC deal

2017-08-30 13:40

AfriSam is in negotiations with an equity partner to recapitalise the company and enable the cement maker to push through a merger with larger rival PPC.

Gigaba lashes out against ‘hysteria’ over SAA bailout

2017-08-25 14:35

Finance Minister Malusi Gigaba has spoken out against the hysteria that has been created around the options government is considering to recapitalise SAA.

Sasol says $11bn Louisiana project three-quarters complete

2017-08-21 09:55

Sasol says its Lake Charles chemical project in the US is 74% complete and in line with the revised estimate.

Nigeria seeks to diversify from oil with $41bn of rail

2017-08-16 12:28

Nigeria has started a $41bn railway expansion to reduce dependence on oil and diversify its struggling economy by improving transport links.

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