Business
Ailing ArcelorMittal seeks urgent help as losses deepen
The financial losses suffered by ArcelorMittal SA (Amsa) are proof that the government needs to move fast to intervene and help turn the fortunes...
Namibia’s demand for extra dam ‘a tall order’
A transboundary water expert has warned that construction of a possible additional storage dam on the Orange River, to allow for the continuation of...
Government is under no obligation to rehabilitate old mines – Mantashe
Gwede Mantashe, the Minister of Mineral and Petroleum Resources, has drawn a firm line on the government’s role in the rehabilitation of disused or...
Tourism industry unveils green lung programme
South Africa’s tourism and travel sector has launched a new sustainability initiative aimed at shifting sustainability from reporting frameworks to visible, on-the-ground outcomes.
To read...
China’s state council discusses draft government work report, 15th Five-Year Plan
China’s State Council on Friday convened a plenary meeting to discuss the draft government work report and a draft outline of the 15th Five-Year...
Discovery buys Sandton head office building from Growthpoint for R4bn
Financial services firm Discovery has moved to acquire part of its Sandton head office at R4-billion, while cancelling the lease of the second phase.
The...
Uber Eats partnership unlocks R1bn for township businesses in Gauteng
A public private partnership between Uber Eats and the Gauteng Department of Economic Development has surpassed its original targets, unlocking more than R1-billion in...
Angola is becoming a magnet for independent oil investors
Angola is consistently recasting itself as the place global energy investors, especially in oil and gas, turn to for long-term, lower-risk bets.
TotalEnergies reinforced this...
Phakamile Hlubi-Majola moves to MISA after Numsa exit amid death threats
Unionist Phakamile Hlubi-Majola has found a new home at the Motor Industry Staff Association (MISA) after a recent departure from the National Union of...
Steel producer ArcelorMittal SA suffers multibillion-rand losses
Despite ArcelorMittal SA’s (Amsa) annual results showing that the steel producer once again suffered multibillion-rand losses, Eskom’s special tariff for ferrochrome firms provided a...
