Local cement players solidify defence against import threat . While the quality of imported cement has been improving in recent years, it is usually not in line with the high quality of locally produced cement, the Concrete Institute (TCI) pointed out during a si...

Second-hand tyre survey shows 61% are not fit for use . The 2019 South African Tyre Manufacturing Conference (SATMC) Used Tyre Survey indicates that only 39% of tyres surveyed this year were deemed safe for use on the road.

This is a sharp decrease on saf...

Low paper demand, pulp prices drive Sappi’s fourth-quarter profits lower . Paper and pulp producer Sappi says continued demand growth for dissolving wood pulp (DWP) and the lag effect of contracts on DWP pricing relative to current market prices helped support profitability i...

Scopa threatens action against SAA over failure to submit financial statements . State-owned South African Airways (SAA) has failed to comply with the law by failing to submit yearly financial statements for two consecutive years – 2017/18 and 2018/19.

The Standing Committee on P...

Unions balk as South African State-owned firms gear up to cut jobs . South Africa’s post office is cutting several hundred jobs, the second state-owned company in as many days to detail plans to lay off workers as the government looks to slash its wage bill.

Finance M...

Global appetite for SUVs could offset benefits of switch to EVs, IEA warns . The growing global consumer appetite for bigger and heavier sports utility vehicles (SUVs) could offset the emission benefits set to arise from electric cars, the International Energy Agency (IEA) warn...

SAA may fire a fifth of its workforce as part of restructuring . South African Airways (SAA) has started a restructuring process that could see the cash-strapped State-owned carrier cut its workforce by almost a fifth.

As required by South African law, the airline...

Prolonged drought hits South African farmers’ resilience . Federation of agricultural organisations AgriSA on Tuesday painted a dire picture of the impact the years-long drought has had on South Africa’s farming industry and its now-waning capacity to recover ...

Automotive component makers to invest R2.4bn in South Africa . Eight auto component manufacturers will invest R2.4-billion in their South African operations as they either expand their footprint, or gear up for new business opportunities, says National Association...

Investment case for LNG imports into South Africa to be completed by year-end . State-owned logistics group Transnet says the investment case for the import of liquefied natural gas (LNG) into South Africa will be completed by year-end and that the solution will be aligned with th...