Turkey, Romania operations bolster Metair’s operating profit growth in FY18. JSE-listed energy storage solutions and automotive components manufacturer Metair saw a strong contribution from its overseas acquisitions in the energy storage vertical, while also being supported by ...

Manufacturing output up 0.3% y/y in January. South Africa's manufacturing output barely grew in January, rising by 0.3% year-on-year after a flat reading of 0% in December, the statistics agency said on Thursday. Economist polled by Reuters ha...

Eskom technical review team to deliver preliminary report in four weeks. The Eskom technical review team, appointed by the Public Enterprises Minister Pravin Gordhan and the Eskom board on March 4, will produce a preliminary report within four weeks, Cabinet said in a state...

Growthpoint warns of ‘little to no growth’ in its South African portfolio. South African real estate investment trust (Reit) Growthpoint Properties expects its international investments to contribute most of its growth in the 2019 financial year. Reporting on its results f...

Mpact says rising power prices will place pressure on margins. South African paper and plastics packaging group Mpact is forecasting further improvements in the operating performance of its paper business in 2019 as recent capital projects are optimised and fruit ...

Business confidence falls to almost two-year low. South African business confidence fell to the lowest level in almost two years in the first quarter, with more than two thirds of respondents dissatisfied with current conditions. A gauge measuring ...

CEF's challenges exposed in Parliament. Parliament’s Portfolio Committee on Energy has accused the Central Energy Fund (CEF) of moving far too slowly to transform, following a litany of problems in the beleaguered group. Committee chairpe...

AMSA says contingency plans in place as Numsa strikes over ‘labour brokers’. Steel producer ArcelorMittal South Africa (AMSA) says it has introduced contingency plans at its various plants to minimise the potential impact on production of a National Union of Metalworkers of Sou...

AECI’s Lake Foods, Christian Hansen launch dairy application centre. Food and beverage company Lake Foods, a division of South African chemicals group AECI, on Tuesday launched its new dairy application centre in Cape Town. The centre will assist customers with new p...

Group Five shares suspended as it enters business rescue. Trade in the shares of embattled construction group Group Five has been suspended after the company’s board resolved to place the group, as well as Group Five Construction Proprietary Limited (G5 Const...