PPC, South Africa’s biggest cement maker, is gearing up for a watershed year that CEO Darryll Castle said will determine the company’s future.
Mondi is keen to acquire more companies making the type of flexible packaging used for items like pet-food pouches.
SA’s cement industry would benefit from consolidation because there are too many players for the size of the market, says PPC CEO Darryll Castle.
Cement maker PPC says its first-half earnings plunged 66 percent.
SA telecoms giant MTN says its new chief executive, Rob Shuter, will start in March next year.
Packaging giant Mondi says third-quarter profit rose three percent and that prices of key products may improve next year.
Comair gained as much as 8. 8% after signing a codeshare agreement with Etihad Airways for routes between Johannesburg and coastal cities including Cape Town and ...
Discount airline Fastjet will switch to a fleet of Embraer jets as new CEO Nico Bezuidenhout seeks to stem losses by matching capacity to demand.
As Pravin Gordhan continues to dominate headlines, his department is engaged in open conflict with key state-owned companies.
Nigeria’s Dangote Cement hikes the price of the building material after a devaluation in the country’s naira currency.
A Chinese state-owned car manufacturing company plans to build a new production plant in South Africa.
Bidvest Group says comparable full-year profit rose 2. 5% as higher earnings from commercial products and financial services helped offset declines in automotive ...
Well-heeled consumers resilient to economic pressure helped SA retailer Woolworths boost food and clothing sales.
Shoprite Holdings would consider expanding outside Africa as it seeks additional fast-growing markets,CEO Whitey Basson says.
Bid Corp projects growth across its businesses as the company seeks acquisitions to expand market share and increase its geographic reach.
Logistics and automotive company Imperial expects trading conditions to remain challenging.
Steinhoff International isn’t done with deals and has the potential to double its market value over the next five years, says the chairman.
SAA and Eskom would be better run if they were partially sold to private investors, says billionaire Christo Wiese.
KAP Industrial Holdings is on track to close at the highest level in seven months.
Paper and packaging producer Mondi reports 11% increase in first-half profits.
Dangote Cement signals it may ease the pace of adding new capacity amid foreign exchange constraints in its home market of Nigeria.
Foreigners flock to South Africa as a weaker currency and relaxed visa rules make holidays cheaper and more accessible.
Shoprite’s growth in full-year sales accelerated, led by gains at stores outside its home market of South Africa.
Tsogo Sun upgrades casinos in its core market in anticipation of an economic turnaround in South Africa.
Transnet, SA’s state-owned ports and rail operator, says full-year earnings and revenue climbed as container and automotive volumes rose.
