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Industrial

PPC CEO quits after clash with board

Sep 22 2014 18:04

The chief executive of cement maker PPC quit abruptly, with the company citing clashes between him and the board, sending its shares 6% lower.

Industrial

Rheinmetall Denel signs teaming agreement

Sep 22 2014 17:49

SA-based Rheinmetall Denel Munition has strengthened its partnerships with the signing of a teaming agreement at the African Aerospace and Defence Show.

Industrial

Total announces cost, investment cuts

Sep 22 2014 13:53

Total has unveiled a cost-cutting programme and further asset sales that will also see the French oil company invest less as it tries to lift its profitability.

Industrial

Investors boo Hyndai's $10bn land bid

Sep 21 2014 18:53

Hyundai Motor and two listed affiliates did not seek board clearance for the size of their record $10bn bid for a plot of land in Seoul, sources say.

Industrial

Exxon continues drilling with Rosneft

Sep 19 2014 16:00

Russian Natural Resources Minister Sergei Donskoi says US oil major Exxon Mobil is continuing exploration drilling with Russian counterpart Rosneft.

Industrial

Shell Russia, Total stay put in Russia

Sep 19 2014 15:32

The head of Shell Russia says the company's strategy in Russia remained unchanged, although the firm is evaluating the implications of sanctions imposed by the West.

Travel & Leisure

Lufthansa tests sugar-based biofuel

Sep 19 2014 11:15

As part of its testing of alternative fuels the Lufthansa Group has marked another milestone.

Industrial

Coega invests R638m in E Cape schools

Sep 18 2014 18:04

The Coega Development Corporation (CDC) has completed sixty school infrastructure programmes across the Eastern Cape in just one year.

Industrial

Eskom needs maintenance, not just new plants

Sep 18 2014 12:04

Building new plants won't save Eskom if the power utility can't get its old power plants back in order, says a senior manager.

Industrial

Eskom: We made mistakes at Medupi and Kusile

Sep 17 2014 07:27

Eskom admits mistakes were made at both Kusile and Medupi power stations and is taking action to penalise errant contractors, says acting CEO Collin Matjila.

Industrial

No change in tight oil plans - Russia

Sep 16 2014 17:33

Russia is not changing its plans for developing hard-to-extract oil despite Western sanctions, the minister of energy says.

Inside Fin24.com

 
Industrial

Eskom promises to release Koeberg documents

Sep 16 2014 12:44

Acting Eskom CEO Colin Matjila has promised to release the tender documents relating to French nuclear firm Areva's contract to replace generators at Koeberg.

Industrial

Heineken family won't loosen grip

Sep 15 2014 15:41

Four generations and 150 years on from the founding father of Heineken, the Dutch brewing family shows no signs of wanting to relinquish control.

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