Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Business

All category news

  • N Cape pins hope on renewable energy

    22 February 2014 1:27 PM 32

    February 21 2014 at 05:54pm By SAPA Bloemfontein - The Northern Cape aims to become the hub for renewable energy in South Africa, premier Sylvia Lucas said on Friday. She said this would be achieved through the construction of large solar and wind power stations. “Fast-growing renewable energy...is expected to attract massive investments,” said Lucas

  • Shabangu: Prevent illegal mining

    21 February 2014 2:55 PM 20

    February 21 2014 at 04:52pm By SAPA Johannesburg - More needs to be done to prevent illegal miners from reopening disused mines, Mineral Resources Minister Susan Shabangu said on Friday. “As more holes and open shafts are discovered, they are sealed, but we need better, more sustainable methods which will close these openings permanently,” she said in a statement

  • Godisa Fund offers new opportunities for local entrepreneurs

    21 February 2014 2:03 PM 30

    Friday 21 February 2014 08:41 The Godisa Supplier and Development Fund is a private public partnership that aims to help South Africans start up their own businesses. A fund has been set up with R165 million from the small enterprise finance agency, Transnet, and Anglo Zimele, with the intention of meeting the challenges that small business owners face in SA. In the last 5 years

  • Gigaba: State shielded SA from abject poverty

    21 February 2014 9:45 AM 27

    February 21 2014 at 11:44am By SAPA Pretoria - Several government programmes have shielded South Africans in general from the harsh effects of poverty, Public Enterprises Minister Malusi Gigaba said on Friday. “Vulnerable South Africans like children and the elderly enjoy social protection in the form of free access to health care and other basic services

  • 2013 worst for consumers: report

    21 February 2014 8:59 AM 16

    February 20 2014 at 07:28pm By SAPA Johannesburg - Consumers felt they had less cash last year than in 2012, according to the MBD Consumer Financial Vulnerability Index released on Thursday. “In fact, the CFVI shows that in 2013 consumers perceived their cash flow situation to be in the worst state since the economic recession in 2009,” it said. MBD provides

  • ‘Gordhan must take firm stance’

    21 February 2014 8:35 AM 25

    February 21 2014 at 10:35am By SAPA Cape Town - Finance Minister Pravin Gordhan should take a firm stance on managing the budget deficit in his 2014 Budget speech, the SA Chamber of Commerce and Industry (Sacci) said on Friday. “Sacci would like to a see a balance between spending on social priorities and on productive assets that support sustainable

  • Strike-hit Northam Platinum slumps to first operating loss since 1998

    21 February 2014 8:26 AM 29

    JOHANNESBURG (miningweekly.com) – JSE-listed platinum mining company Northam has recorded its first operating loss since 1998 after its Zondereinde mine was hit by an 11-week strike. The traditionally solid performer, headed by retiring CEO Glyn Lewis, slumped to a total comprehensive loss of R92.7-million for the six months to December 31, largely because

  • Did Naspers shut its e-commerce sites down?

    21 February 2014 7:06 AM 35

    Four Naspers websites have been pulled down for maintenance, but industry speculation suggests that the move may be permanent. Four of Naspers’ eCommerce websites – SAcamera, 5rooms, Kinderelo and Style36 – were taken down on Thursday 20 February 2014. At time of publishing, the websites carry a maintenance message stating that they will “be back soon” – but according

  • Strong Retail sector helps Synergy distribution growth

    21 February 2014 6:24 AM 25

    JSE-listed shopping centre fund, Synergy Income Fund on Thursday posted half year distribution growth of 5% for its A linked unitholders and 11.3% for its B linked unitholders for the six-month to 31 December 2013. During its interim period, Synergy’s retail vacancies improved slightly to 3.2%, while its ratio of national tenants increased from 86% to 88%. Its rental

  • 31 serious aviation incidents reported in SA for 2014 already

    20 February 2014 2:51 PM 34

    Pretoria – The South African Civil Aviation Authority (SACAA) says it is concerned by the recent spate of accidents in the aviation sector. Six fatalities in six accidents have been reported in January and five people died in three accidents in February. The SACAA says the number of fatalities was significantly higher compared to the same period in the last two years