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BUSINESS

BUSINESS

African Bank CE Basani Maluleke happy with profits

African Bank CE Basani Maluleke happy with profits

“The Group delivered a pleasing set of results, reporting a third successive year of increasing profits,” says African Bank CEO, Basani Maluleke. “We have made good progress in achieving our strategic objectives. One of the Bank’s most important strategic objective is the diversification of its product offering. We proudly launched our transactional product, MyWORLD, on […]

Denel on recovery as it tests new ammunitions in NC

Denel on recovery as it tests new ammunitions in NC

Long-range guns manufactured by Denel Land Systems (DLS) used ammunition produced by Rheinmetall Denel Munition (RDM) to reach targets at an average range of 76.2km. The tests were conducted at the Alkantpan Test Range and witnessed by local and international military representatives, government agencies and defence industry observers.Danie du Toit the Group CEO of Denel […]

SAB rolls out environmentally conscious labels on its products

SAB rolls out environmentally conscious labels on its products

The labels, which have no release liner, were developed in partnership with Ritrama, and completely suppress the waste of the release liner of older self-adhesive labels. Ritrama, an Italian private multinational with a South African-based business, is considered a market leader in design, distribution and manufacture of self-adhesive products. The new Core Linerless Solutions® labels […]

SAA, Unions don’t see eye to eye on staff redundancy

SAA, Unions don’t see eye to eye on staff redundancy

This follows the looming staff redundancy by the South African Airways (SAA) and both the airline and trade union aren’t seeing eye to eye. At least 5,146 employees are to face job losses as part of restructuring process face by the financially constrained airline. The National Union of Metalworkers of South Africa (Numsa) and the […]

NLC disputes OUTA claims

NLC disputes OUTA claims

.The organisation had claimed that millions disbursed by the National Lotteries Commission (NLC) has failed to reach its intended beneficiaries, thus school children in Limpopo and Eastern Cape are the hardest-hit. It went to note that a report issued to the commission by contractor Zibsifusion detailed the contractor’s progress in March this year regarding the […]

Pres Ramaphosa unveils Automotive economic zone in Tshwane

Pres Ramaphosa unveils Automotive economic zone in Tshwane

As a sub-project of the TAC programme, President Cyril Ramaphosa officially launched the Tshwane Automotive Special Economic Zone (TASEZ) on Tuesday, 05 November 2019. This follows the application from the Gauteng Provincial Government to the Minister of the Department of Trade and Industry for the expansion of OR Tambo International Airport (ORTIA) SEZ License to […]

E-tolls and other services must be paid for- warns Mboweni

E-tolls and other services must be paid for- warns Mboweni

And to compound matters you must pay for the controversial e-tolls. Playing to the gallery Mr minister of finance Tito Mboweni. Mboweni’s MTBPS (mid-term budget policy statement) showed that the government would be spending a whopping R796bn on its debt, which is now at R3-trillion and will balloon to R4.5-trillion in the next three years. […]

Indigenous language to be celebrated at this years’ Pendorings Awards

Indigenous language to be celebrated at this years’ Pendorings Awards

Exceptional work created in South Africa’s 10 indigenous national languages will be awarded Gold or Silver Pendorings, with the highlight of the evening being the Prestigious Umpetha Award.  Winners will be announced at this year’s prestigious gala scheduled to take place on 31 October 2019 at the University of Johannesburg’s Art Centre.  This year’s event format […]

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