Corporatisation the next step for minibus industry, says MEC Vadi. The next step in the evolution of South Africa’s minibus taxi industry would be corporatisation, says Gauteng Roads and Transport MEC Dr Ismail Vadi. “Making it a business is the next step and not j...

Big business aims to ‘scale up’ ten black firms to 500-plus million rand enterprises in five years. Big business in South Africa unveiled a new initiative on Thursday aimed at deliberately accelerating, over the coming five years, the expansion of ten established black-owned companies into “substanti...

SMMEs will take advantage of ‘big five’s’ demise in construction sector – Ceta. Construction Education and Training Authority (Ceta) accounting authority chairperson Raymond Cele says the demise of South Africa’s “big five” construction firms has brought about opportunities for sm...

Capex, skills spend at supplier level a concern, notes new study. While South African component suppliers are, on average, holding their own in the international automotive industry, there are one or two warning lights flashing that all is not 100% within the industr...

Bakers SA goes green as it buys 77 Euro V trucks from Daimler. In one of its largest fleet deals concluded to date, Daimler Trucks & Buses Southern Africa (DTBSA) has handed over 77 Mercedes-Benz Actros trucks to Bakers South Africa (SA), an independently owned tr...

Group Five BRPs to submit business rescue plan by June. Following the first business recue meeting with Group Five’s creditors on Tuesday, the appointed business rescue practitioners (BRPs) – David Lake and Peter van den Steen, of Metis Corporate Advisory –...

Cummins consolidates business units at new multimillion-rand premises. Global power company Cummins on Wednesday officially launched the “Power Hub”, its new multimillion-rand premises in the business area of the Waterfall Logistics Precinct, in Waterfall City, in Midrand...

Exciting DRDGold expertise deserves international prominence – Froneman. JOHANNESBURG (miningweekly.com) – The exciting gold-from-tailings expertise of DRDGold, which had decades of experience in recovering precious metals profitably from mine dump material, deserves intern...

UD Trucks re-enters small truck market; launches improved Quester with AMT. UD Trucks Southern Africa (UDTSA) has re-entered the light-duty truck sector with the launch of the new Kuzer. Once a stellar performer in this segment of the truck market, the Japanese truck maker ...

Traxtion unveils new facility to provide locomotive rebuild, overhaul services for Africa. Private locomotive and rail operator Traxtion on Tuesday showcased its new maintenance and refurbishment facility, in Rosslyn, as part of its plans to increase its capacity to provide locomotive rebuil...