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Industrial

US airlines are 'bullies' - Qatar Airways

Apr 24 2017 14:54

The chief of Qatar Airways has accused American carriers complaining over alleged subsidies to Gulf airlines of "bullying".

Industrial

FlySafair honoured for being on-time

Apr 20 2017 15:31

Low-cost airline FlySafair has been ranked the world’s most on-time airline by air travel intelligence specialist OAG.

Industrial

BMW reports lower profitability as growth trails

Apr 20 2017 14:11

BMW has posted lower first-quarter profitability than Mercedes as the luxury car maker’s growth in deliveries trailed its German rival.

Industrial

Novus cautions about lower earnings

Apr 12 2017 13:25

Novus Holdings expects its basic earnings per share and headline earnings per share to be lower than the previous period by at least 42% and 20% respectively.

Industrial

Daimler's first quarter earnings surge on Merc sales success

Apr 12 2017 11:54

Daimler’s first-quarter profit almost doubled as surging demand for Mercedes-Benz cars like the new E-Class sedan generated delivery growth at triple the rate of its competitor BMW.

Industrial

Watchdog: Japanese car shipping firm faces 10 extra charges

Apr 10 2017 19:30

Japanese car shipping company K-Line is facing ten more charges of collusion, price fixing and market division, says the Competition Commission.

Industrial

BP boss could get 40% pay cut after shareholder revolt

Apr 07 2017 10:13

BP chief executive Bob Dudley could see his overall pay for 2016 cut by 40%, following a rebellion by shareholders last year over his remuneration.

Industrial

Investment projects of R1bn ready at Coega

Apr 06 2017 17:56

The Coega Development Corporation has announced that investment projects worth over R1bn are ready for implementation in the Coega IDZ from April 2017.

Industrial

ArcelorMittal SA plans to raise R3.5bn in debt

Apr 06 2017 18:28

ArcelorMittal South Africa is in talks to borrow R3.5bn as part of a capital raising plan, says the country’s biggest steelmaker.

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Industrial

Transformation in automotive industry non-negotiable - Davies

Apr 05 2017 17:44

Trade and industry minister Rob Davies expressed concern over the surge in imports of automotive components and called for urgent transformation of the industry.

Industrial

BATSA records 54.4% decrease in water usage

Apr 04 2017 19:24

British American Tobacco Southern Africa had decreased its water usage at its major manufacturing facility at Heidelberg by 54.5% since 2011.

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#JunkStatus

So, the worst has finally happened. S&P and Fitch officially downgraded SA to junk status following the ill-timed Cabinet reshuffle.
 

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