Denel reports R1.7bn operating loss for 2017/18, turnaround progressing. State-owned defence industrial group Denel on Wednesday, with the release of its yearly results, stated that its operating loss of R1.7-billion for the 2017/18 financial year clearly shows a business t...

Global governments improve business climate through reforms . The Word Bank Group’s ‘Doing Business 2019: Training for Reform’ report finds that governments around the world have set a new record in bureaucracy busting efforts for the domestic private sector, imp...

Raubex rightsizes road rehab division as lower Sanral work volumes bite. JSE-listed Raubex Group continued to experience challenging conditions in the South African construction industry in the six months ended August 31, particularly in the road construction sector, report...

Famous Brands posts H1 organic growth, despite pressure on some business segments. JSE-listed franchiser Famous Brands on Monday reported strong organic growth by its brands in the South Africa and Africa and Middle East (AME) regions during the six months to August 31.

Operating ...

MTN posts positive Q3 financial results. JSE-listed MTN on Monday posted positive third-quarter results after achieving an improved operational performance in many of the markets in which it operates during the three months to September 30.

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Cybersecurity must be managed at board level, urges Gautrain boss. Cybersecurity must be managed proactively at board level, says Gautrain Management Agency (GMA) CEO Jack van der Merwe.

“It must be led by senior management and assured by corporate governance. It i...

Natural gas cheaper than soaring diesel, petrol, says NGV Gas. When compared with petrol, diesel and liquefied petroleum gas, compressed natural gas (CNG) is the most economic transport fuel, says CNG group sales & marketing manager Wayne Williams.

“On 26 Septe...

Unemployment rate rises to 27.5% in Q3. The official unemployment rate increased to 27.5% during the third quarter, compared with 27.2% in the second quarter. This translates to 6.2-million unemployed people in South Africa.

The unemploym...

‘Your investments are safe’, says Ramaphosa as commitments worth billions are unveiled. President Cyril Ramaphosa has assured foreign and domestic investors of government’s commitment to the protection of property rights as South Africa moves to implement a “fair and equitable land reform...

Electric cargo bike pilot study to kick off in Sharpeville in November. Two electric cargo bikes (e-bikes) will start operations, in Sharpeville, Gauteng, at the end of November.

The pilot project, a partnership between the Gauteng government and the German federal gove...