Toyota, BMW, Ford battle over SA support plan

May 22 2018 10:00

South Africa is proposing automakers including Toyota, Ford and BMW more than double production – in return for tax breaks so generous that the companies can ship the cars to Europe.


Record boost for Barloworld's Russian Equipment division

May 21 2018 15:20

Barloworld has delivered promising interim results for the six months ending March 31 2018, with a record boost in its Russian Equipment division.


Adcorp banks on tough decisions to bring turnaround

May 21 2018 12:44

The financial year ending 28 February 2018 has been a time of "intensive transformation", says JSE-listed workplace solutions group Adcorp Holdings.


Treasury: Recapitalisation of SAA still being finalised

May 17 2018 22:08

The recapitalisation of South African Airways is a matter that is still being finalised through the work of an oversight forum, according to National Treasury.


SAA seeks urgent funding after latest loss

May 17 2018 09:09

South African Airways says executives will meet Treasury officials every two weeks to address urgent funding needs after the ailing carrier reported a 7th consecutive year of losses - and the worst since 2015.


SA Express faces bleak situation - parliamentary committee

May 16 2018 21:01

The 2017/18 financial report for airline South African Express paints a grim picture, according to Parliament’s portfolio committee on public enterprises.


Treasury lifts veil on SAA financial report following spat in Parliament

May 16 2018 18:30

National Treasury has elected to release South African Airways' fourth-quarter report, following disagreement among MPs over the confidentiality of the airline's competitive strategies.


Airbus, Boeing weigh in on WTO ruling

May 16 2018 18:25

The WTO Appellate Body has published the first of two rulings expected on subsidies in the large commercial aircraft dispute between the US and the EU.

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Denel CEO quits with immediate effect

May 15 2018 11:35

The CEO of Denel has resigned with immediate effect and the chief executive of Aeronautics has been appointed as his interim replacement.


Popo Molefe vows 'unflinching' stance if any corruption found at Transnet

May 15 2018 06:21

Newly appointed Transnet interim chair Popo Molefe has promised to tackle corruption at the state firm, but he is not going there assuming any wrongdoing as this would be “unfair”.

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