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Fawu threatens to strike over SABMiller scheme

Jun 24 2016 08:43

Union Fawu says it will strike and may take legal action if no agreement is reached with Anheuser-Busch InBev on SABMiller's plan to give blacks a larger role in the business.


Fawu pulls out of AB InBev-SAB merger hearing

Jun 23 2016 16:33

AB InBev has cleared a hurdle toward gaining approval for the brewer’s takeover of SABMiller as Fawu will take no further part in the regulatory approval process.


VW owners split for first time on diesel scandal

Jun 23 2016 17:02

The Volkswagen’s typically close-knit owners have publicly split for the first time over the diesel crisis after the German state of Lower Saxony withheld support for two executives.


AB InBev will speed up Distell share sale to secure SABMiller

Jun 23 2016 08:38

AB InBev has agreed to sell SABMiller’s stake in Distell over a shorter time period in an attempt to smooth the path toward regulatory approval for the industry’s biggest-ever deal.


VW CEO tries to appease investors angered by cheating scandal

Jun 22 2016 17:45

VW boss Matthias Mueller is seeking to appease shareholders by shoring up internal controls following the emissions scandal.


PetroSA acting CEO quits

Jun 22 2016 13:24

State oil firm PetroSA has announced that Mapula Modipa has resigned after a year as acting group chief executive officer for personal reasons.


Private sector breathes life into Operation Phakisa

Jun 22 2016 06:38

An initiative that saw three SA companies work together to successfully deliver two world-class marine vessels has been hailed as exemplary by the dti.


SABMiller CEO to get R1.2bn payout - report

Jun 21 2016 10:12

SABMiller CEO Alan Clark will get a R1.2bn payout when Anheuser-Busch InBev takes over the company, the Financial Times has revealed.


Patel to face competition watchdog over SABMiller merger

Jun 20 2016 14:35

The Competition Tribunal expects to hear a submission from the Economic Development Ministry on the biggest proposed beer deal in history between AB InBev and SABMiller.


VW rises on steps to recover from emissions scandal

Jun 20 2016 11:45

Volkswagen has risen the most in two months, making progress in its efforts to emerge from the emissions-cheating scandal, with plans to submit a $10bn settlement.



GM SA revises output schedule as economy deteriorates

Jun 20 2016 11:33

General Motors has adjusted output levels at its SA assembly operations and is mulling options including voluntary job cuts as it expects a further drop in local sales.


Fastjet’s new CEO mulls smaller planes to revive African airline

Jun 16 2016 20:07

Fastjet’s new CEO Nico Bezuidenhout says he may replace the discount carrier’s planes with smaller ones and move its head office from London to an African city.

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