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Industrial

Chevron to spend R400m, boost Cape Town jobs

Feb 01 2015 21:41

Chevron says it will be spending over R400m on “maintenance and safety inspection” at its refinery in Cape Town in a process that will generate 3 000 extra jobs.

Industrial

Cheap oil: Chevron slashes investments

Feb 01 2015 10:57

Chevron has slashed $5bn from its investment budget and shut down its share buyback programme as the crude price plunge rocked industry powerhouses.

Industrial

Bidvest writes down Adcock stake by R1bn

Jan 30 2015 20:00

Bidvest significantly overpaid for its shareholding in South Africa’s second-biggest drug maker Adcock Ingram, admits its CEO Brian Joffe.

Agribusiness

7yr delay on pesticide reduction goal - France

Jan 30 2015 18:30

France, the European Union's biggest agricultural producer, has delayed a target to halve pesticide use to 2025 from 2018 after plans to curb their deployment failed.

Mining

'Lowest ever' mine deaths in 2014

Jan 30 2015 17:37

Eighty-four miners were killed in South Africa last year, the lowest ever in the country's mining history, Mineral Resources Minister Ngoako Ramatlhodi says.

Industrial

SAA floats domestically, trips on long-haul

Jan 30 2015 16:28

While the domestic and regional operations of the SAA Group have performed positively, losses on its long-haul operations have grown to R1.6bn.

Travel & Leisure

Easyjet to fly from expanded Heathrow airport

Jan 30 2015 16:30

UK budget airline easyJet has backed Heathrow in London's runway expansion race and will start flying from the capital's largest airport:

Mining

Zimplats posts 17% revenue drop

Jan 30 2015 14:47

Revenue for Impala Platinum-owned Zimplats in the quarter to December 2014 dropped 17%, amid subdued commodity prices on the international market.

Retail

Choc maker Hershey to enter 'biltong' business

Jan 30 2015 14:15

Hershey has agreed to buy jerky maker Krave Pure Foods for its first foray into meat snacks, a fast-growing market that is tempting consumers away from chocolate.

Travel & Leisure

SAA CEO remains suspended - As it happened

Jan 30 2015 15:05

SAA CEO Monwabisi Kalawe will remain suspended, SAA chair of the board says, as acting CEO dismisses questions about his qualifications.

News

Glencore mine closure not good news - union

Jan 30 2015 11:32

Glencore's intention to retrench over 1 000 employees at its Optimum Coal Mine in Mpumalanga is disappointing, according to union Uasa.

Inside Fin24.com

 
Travel & Leisure

ANA orders planes worth $2.2bn

Jan 30 2015 13:15

All Nippon Airways has said it has placed a $2.2bn order for a total of 15 planes from Boeing and Airbus, as it expands routes at Tokyo's Haneda airport.

Financial Services

UK to review loan insurance compensation

Jan 30 2015 12:45

Britain's markets watchdog will collect evidence on whether consumers mis-sold loan insurance are being compensated properly.

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