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Prasa posts R336m profit

Sep 29 2014 20:19

The Passenger Rail Association of SA has recorded a profit of R336m for the financial year ending 2013/14, says Transport Minister Dipuo Peters.


Sasol appoints CFO

Sep 29 2014 18:31

Bongani Nqwababa has been appointed chief financial officer and executive director of Sasol, the company has announced.


R4bn Eskom tender faces review application

Sep 29 2014 19:02

Westinghouse Electric Company says it will continue challenging Eskom's decision to award a R4bn tender to Areva.


Gordhan: I will go back in a heartbeat

Sep 29 2014 17:00

Ketso Gordhan, who resigned as PPC CEO, says he remains passionate about the cement giant and will return if shareholders agree.


Egypt could export petrochemicals to Europe

Sep 29 2014 12:00

A new state-owned factory could save Egypt about $500m on annual imports and allow it to begin exporting petrochemicals to Western Europe and Africa.


Ketso Gordhan is in a fighting mood

Sep 28 2014 18:15

CEO of cement giant PPC Ketso Gordhan resigned because the board of directors refused to let him fire a senior manager, reports City Press.


Rosneft, Exxon discovers offshore Arctic oil

Sep 28 2014 12:09

Rosneft hasmade an oil discovery jointly with ExxonMobil at an offshore Arctic field, which has been at the centre of controversy due to Western sanction.


ENI-Kogas begins search for Cyprus gas

Sep 26 2014 18:45

Italian-Korean energy consortium ENI-Kogas has started exploratory deep-sea drilling off the eastern Mediterranean island of Cyprus for gas deposits.


Hungary to import more gas from Gazprom

Sep 26 2014 12:45

Hungary has secured an agreement for increased gas imports from Russia's Gazprom, a day after Hungary's pipeline operator FGSZ stopped shipping gas to Ukraine.


Air strikes hit oilfields and Islamic State bases

Sep 26 2014 13:15

Air and missile strikes, thought to be carried out by US-led forces, hit oilfields and Islamic State bases in Eastern Syria.

Inside Fin24.com


Hyundai-led group agrees to $10bn land deal

Sep 26 2014 11:00

Hyundai and its two affiliates have approved Asia's biggest property deal since the financial crisis.


Airbus tests the A320neo

Sep 25 2014 18:00

The first A320neo has successfully completed its first flight which lasted around two and a half hours.

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